Ethereum (ETH) has returned to the radar as one of Crypto's most followed traders says the trend is bullish. The trader, well known online as “Donalt,” shared a fresh chart pointing to ETH's new strength, highlighting $2,200 as an important level to watch. He says Ethereum “seems very ok on the high time frame,” and is back on the bullish track after a short pause.
The chart's ETH/USD monthly candles show strong bounces from the main support zones ranging from $1,800 to $2,000. The area previously served as a resistance in 2021, but now appears to have set a potential stage of a potential long-term movement. Traders say they are “simply bullish” when the price is above $2,200.
Currently, ETH is trading around $2,630, which is more than 5% higher than last month. This movement occurs when a holistic sense of the crypto world is mixed together. Bitcoin is mostly in the place, and the rest of the altcoins are catching up.
$eth Update:
It keeps looking very ok in high time frames
Last month, I started pushing again, after a short pause>$2200 is simply a bullish IMO pic.twitter.com/hs8vwtbedz
– Donalt (@cryptodonalt) July 9, 2025
Donalt's posts didn't include predictions or specific targets, but we talked about the importance of taking a step back. In the higher time frame, ETH still retains its structure, and the overall uptrend is playing as long as it stays above the key zone.
The next area of resistance appears to be close to $3,000. So, ETH has concluded several times since early 2023, and if they can return to that range, it could be a more aggressive breakout opportunity.
For now, that's all about the basics. Hold support, keep $2,200 confidently and let the structure do that. Ethereum has not yet been flying, but it shows signs of life.