Ethereum (ETH) Could Hit the $2,200–$2,500 Range Soon as China Retaliates Against US Tariffs

While Trump suspended tariffs on Mexico and Canada for 30 days, tariffs on China remain active. In retaliation to US tariffs on China

Ethereum (ETH) price surged over 3% on Monday evening, following news that China will impose a 10% tariff on US oil and agricultural machinery.

The announcement comes in response to US tariffs on Chinese goods, which were set to expire at the end of the month but have now been extended.

Crypto trader Andrew Kang highlighted an older X (formerly Twitter) post in which he noted that ETH dipping below $3,000 risks triggering significant leverage liquidations.

Lmao holy shit https://t.co/vb5dDPgtUK

According to Kang, the “reasonable” price for ETH is around $2,200–$2,500. At the time of writing, ETH trades at $2,705.33, up 3.90% in the past 24 hours as per CoinMarketCap data.

ETH fell as low as $2,100 on Monday but recovered quickly. However, the $3,000 level has remained a strong resistance, and ETH has not yet reached a new all-time high this cycle.

Investor Moves and Technical Outlook

In the meantime, Eric Trump, son of President Trump, stated in an X post that the current dip is a good buying opportunity for ETH.

Moreover, Trump-linked World Liberty Financial reportedly purchased $5 million worth of ETH tokens during the dip.

In my opinion, it’s a great time to add $ETH.

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ETH Price Analysis

A glance at the daily chart reveals a sharp increase in accumulation as buyers took advantage of the sell-off that drove ETH to $2,100. However, the trend line indicates that buying pressure has weakened.

On the other hand, ETH broke out from the lower Bollinger Bands and is currently finding support around $2,700. In the short term, ETH may rally toward $3,000, a view that Kang also shares.

The article presents the latest market activity and analysis for Ethereum (ETH). It includes insights from crypto traders and highlights key price levels and technical indicators. The article also covers recent news and developments related to ETH, such as China's tariff announcement and the purchase of ETH tokens by a Trump-linked investment firm.