The crypto market showed signs of recovery on Tuesday, September 2, 2025, with Ethereum (ETH) approaching a potential trend reversal alongside Binance Coin, while Bitcoin (BTC) consolidated just above $110,000. Other altcoins like XRP, Solana, Dogecoin, Tron, and Cardano also displayed strength and resilience.
Ethereum’s move comes as Bitcoin holds near $110,400 with a 2.25% daily gain, supported by a trading volume of $67.32 billion. Analysts note that capital rotation into altcoins, coupled with on-chain data, is creating momentum for Ethereum. Riya Sehgal, said the broader 2% crypto rebound reflects both structural and technical drivers, pointing to a sharp rise in perpetual futures volumes. Edul Patel, added that falling Bitcoin exchange reserves signal easing sell-side pressure, a trend that could support Ethereum’s upside as well.
Technically, Ethereum is seen gaining traction as Bitcoin tests the $110,000–$111,000 resistance zone, which has repeatedly acted as a supply wall. A breakout could fuel stronger altcoin participation, led by Ethereum, while rejection may trigger a broader pullback.