According to Michaël van de Poppe (@CryptoMichNL), Ethereum (ETH) has reclaimed a key support level and is now targeting the next resistance zone between $2,100 and $2,200. This price movement signals renewed bullish momentum, with traders closely watching for confirmation above the $2,100 level as a trigger for further gains. The reclaim of this level is important for short-term trading strategies, as a sustained move could lead to increased volatility and higher trading volumes in the ETH/USDT pair. This trend may also have a positive impact on the broader crypto market, particularly for altcoins correlated with Ethereum's price action (Source: Twitter/@CryptoMichNL, May 8, 2025).
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Ethereum Price Analysis: ETH Targets $2,100-$2,200 Zone in Bullish Reclaim – Crypto Trading Insights – Blockchain News
