Ethereum is approaching a critical resistance zone as recent recovery attempts begin to lose momentum. With price action still showing signs of a corrective structure, attention is shifting toward the possibility of a move back to lower range levels if sellers step in at key resistance. HTF Range Aligns With Ethereum TCT Distribution Model According to crypto analyst The Composite Trader, Ethereum is currently developing within a well-defined higher timeframe (HTF) range that aligns with a TCT distribution model. This structure suggests that price action may be building toward a potential bearish rotation, with the broader range still intact and guiding market behavior. Related Reading: Ethereum Flips Key Resistance, ETF Demand Returns, Analysts Eye Next Leg Higher The analyst emphasized that full confirmation has not yet been achieved, as a clean and high-quality third tap is still required to validate the setup. That third interaction with resistance is a key component of the model, often acting as the trigger point for a more decisive move toward the lower end of the range. While waiting for this confirmation, the expert focuses on lower-timeframe (LTF) opportunities, particularly short-term accumulation setups that can drive the price upward into the anticipated third tap zone. He further explained that some of his most successful trading sequences come from linking these timeframes, capturing gains on the way up through LTF longs, then rotating those profits into short positions near HTF resistance. By treating the entire process as one continuous sequence rather than separate trades, it becomes possible to compound gains more aggressively. This strategy is rooted in the concept of ‘TCT creating TCT’, where patterns on lower timeframes build into and reinforce structures on higher timeframes. B-Wave Bounce Faces Key Resistance At $2,332–$2,420 More Crypto Online pointed out that the first major resistance for a potential B-wave bounce is positioned between $2,332 and $2,420. This zone is expected to act as a decisive barrier, where any upward move could face selling pressure and determine whether the recovery has strength or remains corrective. Related Reading: Ethereum Signals Major Reversal – $2,900 Target Back In Focus The analysis emphasizes that the structure of the bounce is just as important as the level itself. As long as any move into this resistance region unfolds in a clear three-wave pattern, it would suggest that the market is still within a corrective phase. Under this scenario, the door remains open for additional downside in the short term before a more meaningful recovery rally can develop. On the downside, the $2,037 level is identified as the key support to watch in the coming sessions. This level could act as a stabilization point if tested. Still, a decisive break below it would increase the probability of an extended correction before the next bullish phase begins. Featured image from Getty Images, chart from Tradingview.com
Ethereum price started a recovery wave from the $2,250 zone. ETH is now consolidating and might fail to extend gains above the $2,360 resistance. Ethereum started a recovery wave from the $2,250 zone. The price is trading below $2,340 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,360 zone. Ethereum Price Faces Resistance Ethereum price tested the $2,250 support zone before the bulls appeared, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,300 resistance. There was a break above a bearish trend line with resistance at $2,300 on the hourly chart of ETH/USD. The pair cleared the 23.6% Fib retracement level of the downward move from the $2,465 swing high to the $2,253 low. The price even spiked above $2,335 but faced resistance. Ethereum price is now trading below $2,350 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,290, the price could attempt another increase. Immediate resistance is seen near the $2,330 level. The first key resistance is near the $2,360 level and the 50% Fib retracement level of the downward move from the $2,465 swing high to the $2,253 low. The next major resistance is near the $2,385 level. A clear move above the $2,385 resistance might send the price toward the $2,420 resistance. An upside break above the $2,420 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,465 resistance zone or even $2,500 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,360 resistance, it could start a fresh decline. Initial support on the downside is near the $2,290 level. The first major support sits near the $2,250 zone. A clear move below the $2,250 support might push the price toward the $2,200 support. Any more losses might send the price toward the $2,150 region. The main support could be $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,250 Major Resistance Level – $2,360
Ethereum has posted its strongest buy-side pressure on derivatives markets since the 2022 bear market, according to CryptoQuant analyst Darkfost, a shift that could matter after months of persistent sell-side dominance across this cycle. The change does not, on its own, confirm a full trend reversal. But it does mark a notable break from the pattern that has weighed on ETH during key upside attempts. Ethereum Flashes Early Recovery Signal In a post shared on X on April 18, Darkfost argued that Ethereum has spent most of the cycle fighting “unusually heavy selling pressure on derivatives markets.” He pointed to net taker volume, a measure of the imbalance between buy and sell market orders on derivatives exchanges, which he said “remained almost consistently negative” throughout the period. That pressure was especially visible during ETH’s attempts to push into higher price territory. Darkfost wrote: “This was particularly visible when ETH attempted to break into a new all time high above $4,000 in December 2024. At that time, net taker volume fell to -$511 million. It became even more extreme when ETH later printed its all time high just below $5,000, as sell-side pressure heavily dominated with -$568 million in net taker volume.” Related Reading: This Pattern Suggests Ethereum Is In Accumulation Phase — What’s Next? In Darkfost’s reading, even when ETH was pressing toward local highs, aggressive sellers in derivatives were still overwhelming buyers. That helps explain why upside momentum struggled to translate into a cleaner breakout environment. Strong spot narratives or bullish sentiment alone were not enough if the derivatives complex kept leaning the other way. That dynamic, he said, has now started to change. “Since March, buy-side volumes have finally taken control, with +$102 million recorded today,” Darkfost wrote. “The last time Ethereum saw such a strong level of buying pressure on derivatives markets was during the previous bear market in 2022, when ETH was trading around the $1,000 area.” Related Reading: Ethereum Signals Major Reversal – $2,900 Target Back In Focus The comparison to 2022 is notable because it frames the current move less as routine positioning noise and more as a rare regime shift in flow. On the chart, green positive net taker volume bars have reappeared after a long stretch in which red negative readings dominated. For traders watching ETH’s structure, that matters because sustained positive taker flow suggests buyers are becoming more willing to lift offers rather than wait passively for lower prices. Still, Darkfost stopped short of calling a confirmed reversal. His argument is conditional. “If this trend manages to persist and buyers continue to absorb selling pressure, it could mark the early stages of a stronger structural recovery for Ethereum,” he wrote. That caveat is central to the thesis: one strong reading does not erase a cycle’s worth of negative pressure, but persistence would. At press time, ETH traded at $2,288. Featured image created with DALL.E, chart from TradingView.com
The Ethereum price has followed Bitcoin’s trajectory recently, with the pump from last week eventually pushing the altcoin above $2,400. This was a welcome change for investors after a drawn-out downtrend. Now, the price has begun to stabilize, looking toward more sideways movement in the time being. This means that the Ethereum price is about to enter an important timeframe, where the decision between the bears and the bulls will eventually be made. Ethereum Price Still Chasing Liquidity According to the crypto analyst TheChartWhisperr on the TradingView website, the Ethereum price has done something important, and that is sweeping the liquidity pool in the higher timeframe. They saw the test of the $2,480 level, although the price was ultimately rejected. Nevertheless, the crypto analyst explains that this means that the Ethereum price has taken out the bayside pool. Related Reading: Dogecoin Nears Key Turning Point As TCT Model Begins To Form With the move into the higher timeframe lucidity and the eventual rejection, which was swift, the crypto analyst says this has now pushed the Ethereum price into an ascending channel. This channel lies around the $2,346 level and could hold the price down. Interestingly, the analyst says that this move has led to the completion and confirmation of a turtle soup pattern. With a completion, it means that the Ethereum price could be ready to play out the rest of the pattern, and it could go either way for the cryptocurrency. First, there is the possibility that the Ethereum price continues to move upward, and this happens if it is able to reclaim $2,385 on the 4-Hour close. If this happens, then the crypto analyst says that the uptrend could continue for the price. However, there is also the possibility that the bears are able to pull the price downward. The $2,040 currently serves as a gravitational target, meaning that the bears could pull it toward this level. This is because this is where the Ethereum price will find equilibrium again in the event of another crash. Related Reading: Analyst Predicts X Money Will Send XRP To $10 – But What Will Send It To $1,700? As for how to play this move, the crypto analyst explains that there is “No entry without Gate 4. CVD on the lower timeframes determines whether this is a continuation short or a V-shaped recovery. The structure says down. The delta will confirm or deny.” Featured image from Dall.E, chart from TradingView.com
Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,250 and might struggle to recover. Ethereum started a downside correction from the $2,465 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,250 zone. Ethereum Price Dips Again Ethereum price failed to remain stable above $2,420 and started a downside correction, like Bitcoin. ETH price dipped below the $2,400 and $2,350 levels. The pair traded as low as $2,253, and is currently consolidating losses below the 23.6% Fib retracement level of the downward move from the $2,465 swing high to the $2,253 low. There is also a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,350 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,250, the price could attempt another increase. Immediate resistance is seen near the $2,300 level and the trend line. The first key resistance is near the $2,335 level. The next major resistance is near the $2,360 level or the 50% Fib retracement level of the downward move from the $2,465 swing high to the $2,253 low. A clear move above the $2,360 resistance might send the price toward the $2,415 resistance. An upside break above the $2,415 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,465 resistance zone or even $2,500 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,360 resistance, it could start a fresh decline. Initial support on the downside is near the $2,250 level. The first major support sits near the $2,220 zone. A clear move below the $2,220 support might push the price toward the $2,200 support. Any more losses might send the price toward the $2,150 region. The main support could be $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,250 Major Resistance Level – $2,360
Ethereum is flashing a combination of technical and on-chain signals that analysts say could be the beginning of a meaningful recovery. For the first time in months, the structure of Ethereum’s price action appears to be shifting in the favor of bulls. The latest price action has brought the ETH price back above $2,300, setting up a structure that says the next leg is about to start. Related Reading: Asteroid Shiba’s 68,000% Rally Leaves Traders Stunned After Elon Musk Reply Technical Levels Reset, Analyst Flags Breakout Conditions Crypto analyst Ash Crypto drew attention to Ethereum’s price action this week, pointing to three developments that, taken together, suggest the groundwork for a new upward leg may be forming. The first major development in Ethereum’s recent price action is its move back above the 100-day simple moving average. This level had acted as dynamic resistance, consistently capping upside attempts since November 2025. The break above it changes the tone of the chart, as it suggests that buyers are starting to regain control on higher timeframes. Second, a resistance zone that repeatedly rejected price throughout Q1 2026 has now been flipped into a support area. The chart shared by Ash Crypto shows a rising trendline from the February lows supporting price from below and creating a tightening range alongside a support zone to create an ascending triangle pattern. ETH has since broken above the upper boundary of that triangle and is now testing the horizontal resistance band in the $2,300 to $2,370 range. According to the analyst, all Ethereum needs to do now is just hold above the $2,300 level, and the next leg up will start. At the time of writing, Ethereum is trading at $2,316. Ethereum Price Chart. Source: @AshCrypto On X Institutional Demand Returns Through ETF Channel The third major development is the return of institutional inflows through US Spot Ethereum ETFs. Particularly, US Spot Ether ETFs recorded $275.83 million in inflows in the most recent week, which is their strongest weekly inflow since the week ending January 16. Perhaps the most compelling evidence of a changing market dynamic comes from derivatives order flow data. Throughout this cycle, Ethereum has faced persistently negative net taker volume. This is a metric that measures the difference between buy and sell market orders on derivatives exchanges, and the negative reading means sellers were consistently overpowering buyers. That pattern has now reversed. As noted by CryptoQuant analyst Darkfost, buy-side volumes have taken control on derivatives markets for the first time in the cycle, with a net taker volume reading of +$102 million recorded recently. ETH: NetTakerVolume. Source: @Darkfost_Coc On X Related Reading: BREAKING – Bitcoin Breaks $78K As Iran Reopens Strait Of Hormuz The last time Ethereum recorded buying pressure of this magnitude on derivatives markets was during the bear market of 2022, when ETH was trading around $1,000. If this trend manages to persist and buyers continue to absorb selling pressure, then it could indicate the early stages of a stronger structural recovery for Ethereum. Featured image from Unsplash, chart from TradingView
The price of Ethereum has somewhat slowed down over the weekend after a breakdown of negotiations between the United States and Iran. However, the latest on-chain data suggests that this moment of uncertainty has barely impacted the market structure of the second-largest cryptocurrency by market cap. According to a prominent analyst, the Ethereum price seems to be at a turning point, which could usher in a fresh bullish cycle. ETH May Be Near A Major Uptrend In a Quicktake post on the CryptoQuant platform, CryptoOnchain revealed that significant amounts of the Ether tokens have been flowing out of Binance, the world’s largest cryptocurrency exchange by trading volume. This on-chain observation is based on the 365-day Simple Moving Average of Ethereum Exchange Netflow on Binance. Related Reading: The Hidden FVG Zone That Says Ethereum Price Could Rally To $10,000 According to CryptoOnchain, this metric has been in a steady decline, recently falling to its lowest level since May 2024. Typically, this trend is often a bullish indicator for prices, as it suggests that investors are pulling their assets off exchanges to self-custodial wallets for long-term holding. However, the highlighted metric has historically proven to be a reliable leading indicator for significant macroeconomic price movements. As observed in the chart below, whenever the 365-day Simple Moving Average of Ethereum Exchange Netflow fell to extreme lows in the past, it was followed by an upward reversal often coinciding with the start of major Ethereum bull rallies. CryptoOnchain noted that this repeating pattern strongly indicates an ongoing accumulation phase for Ethereum. “When netflows hit extreme lows on a long-term moving average, it typically indicates that investors are withdrawing their assets from exchanges for long-term holding, thereby drastically reducing immediate sell pressure in the market,” the pundit wrote in the Quicktake post. Furthermore, the crypto analyst mentioned that, if history were to repeat itself, the current formation of a bottom could lay the structural foundation for the next major upward macro trend for the Ethereum price. CryptoOnchain told market participants to closely monitor this metric for a “decisive upward pivot” to confirm the start of a new bullish cycle. Ethereum Price Overview As of this writing, the price of ETH stands at around $2,353, reflecting an over 3% decline in the past 24 hours. While the altcoin crumbled on the back of the closure of the Strait of Hormuz, the past-day action was not enough to completely wipe out the last week’s gain. According to CoinGecko data, the Ethereum price is still up by about 2% in the past seven weeks. Related Reading: Analyst Predicts X Money Will Send XRP To $10 – But What Will Send It To $1,700? Featured image from iStock, chart from TradingView
Ethereum is starting to exhibit signs of a significant trend reversal as bullish momentum builds and key resistance levels give way. With market structure improving and confidence returning, the $2,900 target is once again coming into focus as the next potential milestone for price expansion. Ascending Triangle Breakout Signals Bullish Continuation Analyst Ali Charts recently observed that Ethereum has reached a pivotal turning point by officially clearing the horizontal X-axis of its long-standing ascending triangle pattern. This move was characterized by a decisive breakthrough of the $2,385 resistance level, representing more than just a price increase. It is also a fundamental structural shift that moves Ethereum out of a consolidation phase and into a confirmed expansionary period. Related Reading: Ethereum About To Turn? Death Cross Says Bottom Is Closer Than You Think By successfully flipping the $2,385 mark into a foundational support floor, Ethereum has effectively neutralized recent bearish sell signals. With the flip complete, the previous overhead supply has been absorbed, leaving the market with significantly less friction for further upward movement. Meanwhile, the primary technical objective for this specific formation is now set at $2,900. This target is derived from the measured move of the ascending triangle, suggesting a clear path ahead now that the breakout zone has been established. As long as Ethereum maintains its position above the critical $2,385 support level, the momentum remains firmly in the hands of the bulls, setting the stage for a steady rally toward the high-$2,900 range. Bitcoin Top Vs Ethereum Bottom Narrative Grows Stronger MarketMaestro recently reaffirmed the thesis of a Bitcoin top coinciding with an Ethereum bottom. This transition is appearing as an inverse Head and Shoulders pattern developing within a large triangle reaccumulation zone. The price is currently navigating the second region of the head structure, signaling a critical floor-setting phase for the asset. Related Reading: Ethereum Profit-Loss Indicator Is Hovering Just Below Neutral – The Market Waits for A Catalyst A significant positive divergence has formed on the RSI, providing a highly bullish signal for momentum. This indicator strengthens the conviction that the $1,876 level served as the definitive price floor for this cycle. With the RSI and price action now in alignment, the bottoming process is considered almost fully confirmed by technical standards. Furthermore, the outlook for the summer months remains very optimistic, suggesting a period of sustained positive performance. Investors should watch for the formation of the right shoulder on the chart, as this likely represents the final entry opportunity. Once the current triangle reaccumulation pattern finally breaks, the market will enter a brand-new phase of price action. MarketMaestro expects the narrative to shift toward a much stronger and more aggressive rally scenario, possibly leading to the end of the bottoming phase and the beginning of a new market trend. Featured image from Pxfuel, chart from Tradingview.com
In the last bull run, when the Bitcoin price surged and crossed $100,000, the Ethereum price was expected to follow the same trajectory as it had in the past. But that was not the case, and the second-largest cryptocurrency by market cap was barely able to cross its previous all-time high price, but by only around $100. This meant that the Ethereum price remained below $5,000, disappointing investors. Given its poor performance so far, is it still possible that the Ethereum price will eventually cross $5,000? It Could Take Years For The Ethereum Price To Hit $5,000 The prediction algorithm of the CoinCodex website takes into account a number of factors in a bid to determine where the price of a digital asset could end up. These predictions go from the very short term (a matter of days) to the very long term (decades), showing a possible path that the cryptocurrency could take. Related Reading: Ethereum, Ethereum news, Ethereum price, ETH, ETHUSD, ETHUSDT, ETH price, ETH news For the Ethereum price, the predictions remain mostly bullish, given that it continues to receive a lot of support from investors. However, when it comes to the Ethereum price hitting new all-time highs, the prognosis for the short term remains muted, with the better rallies expected to happen over the course of years. Despite various predictions from crypto analysts that the Ethereum price would cross $5,000 in 2026, the algorithm dashes these hopes. In fact, it puts the max price that Ethereum will reach in 2026 at $4,445. Thus, a new all-time high above $5,000 is out of the picture. Instead, the algorithm suggests that it could take a few years for the cryptocurrency to reach the $5,000 mark. It puts this to happen in the third quarter of the year 2028, meaning that there is still around two years to go before the Ethereum price can cross $5,000. What About The $10,000 Mark? The 5-figure mark is expected to be even more elusive for Ethereum, given that the digital asset has already struggled so much to keep up with Bitcoin. The algorithm predicts that it will not happen before 2030, as many analysts have predicted. But instead, it would take around a decade for the Ethereum price to cross $10,000. According to the prediction chart, the first mention of Ethereum at $10,000 first appears after 2040, meaning it would take way more than 10 years for Ethereum to reach this milestone. Related Reading: Bitcoin Price Has Not Reached Its Real Bottom, And A ‘Big Storm’ Is Coming As for the very short term, though, the prediction remains bullish with the algorithm predicting double-digit rallies for the Ethereum price in the next month. The price is also expected to double in the next three months, with a high prediction of $4,298 coming out of the second quarter. Featured image from Dall.E, chart from TradingView.com
A recent report has suggested that the digital assets market has likely entered its “crypto winter” after the sector’s market capitalization and trading volume continued to decline for a second consecutive quarter. Related Reading: Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab Crypto Winter Arrives As Volumes Drop On Thursday, CoinGecko affirmed that the market transitioned from a sharp correction to a “sustained” crypto winter in Q1 2026. This shift occurred as the late 2025 bearish momentum collided with the onset of global geopolitical tensions in the first quarter of the year. According to its 2026 Q1 Crypto Industry Report, the total crypto market capitalization dropped around 20.4%, roughly $622 billion, ending the first quarter at $2.4 trillion and marking the second consecutive quarter of decline. This contraction, which accelerated between mid-January and early February, left the market around 45% below its October peak of $4.27 trillion. During this period, daily trading activity also declined by 27.2% Quarter-over-Quarter (QoQ), with an average daily trading volume of $117.8 billion. Meanwhile, spot trading volume on the top 10 centralized exchanges (CEXes), including Binance, MEXC, KuCoin, and Bybit, decreased 39.1% QoQ to $2.7 trillion, seeing a notable decline by the end of Q1. Per CoinGecko data, volumes held above the $1 trillion mark in January, but fell throughout the quarter. With only $0.8 trillion in trading volume, March was the weakest month of Q1, recording the lowest levels since November 2023. While Binance maintained its dominance, with a 37% market share, MEXC was the only other exchange with a double-digit market share in Q1, at 10%. “All top 10 spot CEXes saw trading volume decline in Q1, with drops ranging from -23% to -55%. HTX saw the biggest slump, with its quarterly trading volume dropping to $133.6 billion in 2026 Q1 from $294.4 billion in 2025 Q4. Its market share fell to 4.9%, placing it in #10,” the report added. Majors Decline, Stablecoins Remain Flat Crypto market-wide declines continued in Q1, as majors pulled back for a second consecutive quarter. Bitcoin (BTC) fell 22% during the quarter but outperformed the other top five crypto assets by a narrow margin. However, it continued to underperform other major assets, including Oil, Gold, and the S&P 500. Ethereum (ETH), BNB, XRP, and Solana (SOL) recorded similar drawdowns as Bitcoin, which “weighed heavily on total market capitalization.” Legacy tokens such as Uniswap (UNI) and Chainlink (LINK) also faced continued pressure despite institutional adoption and gaining “digital commodity” status under the SEC-CFTC Joint Interpretive Guidance issued last month. The report noted that relative strength emerged amongst some altcoins after the Q4 2025 sell-off, including Hyperliquid (HYPE) and Bittensor (TAO), which outperformed the broader sector. Related Reading: Bitcoin Double Bottom Formation Eyes $82,500 Rally – Breakout Or Rejection Next? Meanwhile, the total stablecoin market capitalization stayed mostly flat in Q1, seeing a marginal 0.5% increase to end the quarter at $309.9 billion. During this period, Tether’s USDT saw its supply decline 1.6% to $184.1 billion, the first meaningful drop since Q2 2022. Circle’s USDC grew 2.4% to hit $77.1 billion, while Sky’s USDS and WLFI’s USD1 recorded double-digit growth. Nonetheless, stablecoin’s stability despite the challenging landscape for the broader crypto market in Q1 highlighted “the sector’s role as a liquidity anchor,” CoinGecko emphasized. Featured Image from Unsplash.com, Chart from TradingView.com
Ethereum has started to show signs of life again after weeks of muted price action, but one analyst believes the current move is only the beginning of something much larger. This inclination is based on a technical setup built around a hidden inefficiency zone after the Ethereum price recently broke above $4,500. The technical analysis shows that the unfilled gap may be the first waypoint in a recovery that eventually pushes the ETH price to five figures above $10,000. The FVG Zone Now Acting As A Magnet Technical analysis done by crypto analyst Crypto Patel laid out a path to where the Ethereum price goes from here. However, the most important part of the analysis is a Fair Value Gap (FVG) zone that could trigger the next alt season. This FVG, which is between $2,475 and $2,634, was formed during Ethereum’s breakdown earlier in the year, leaving behind an imbalance that price has yet to revisit. Related Reading: Here’s The Next Key Bitcoin Price Resistance To Worry About In technical analysis, these inefficiencies and gaps tend to act as magnets, especially when price begins to recover with momentum. The expectation is that Ethereum will attempt to fill this zone before any major rejection. Ethereum’s recent reclaim above $2,300 and push to as high as $2,415 places it within striking distance of the FVG, and there’s now a high probability that it could fill it to reach as high as $2,634 in the coming days. Ethereum Price Chart. Source: @CryptoPatel On X The Road To $10,000 The entire bullish argument rests on the strength of the $1,750 support zone. This level held during the recent selloff and formed the base for the current recovery. Ethereum is now looking like it’s slowly turning bullish, and the structure ahead is laid out in three distinct layers. The first is reclaiming the FVG. Related Reading: Bitcoin Signal That Has Predicted Every Bottom Before A Price Explosion Has Just Triggered Again The second layer is the Bearish Order Block between $2,900 and $3,035. This is where a significant selling occurred in early February, which flipped what had been support of a symmetrical triangle into resistance. A clean break above this order block would invalidate the lower high pattern visible on the chart above and extend into a broader uptrend. According to the analyst, this is the level that could confirm the start of a wider altcoin rally, not just a recovery in Ethereum. Failure at this level, however, keeps the current structure intact. Worst case scenario is a rejection at $3,035 which sends the ETH price back to trading between $2,000 and $1,500. THis is a reminder that the upside scenario is not guaranteed. A confirmed break above $3,035, would however, change the entire momentum into a bullish one, and long-term bullish projections will start to make sense. According to Crypto Patel, the long-term target for the Ethereum price in this case is a break above $10,000. Featured image created with Dall.E, chart from Tradingview.com
Across global markets, Ethereum has emerged as one of the most heavily shorted assets, a positioning that reflects more than simple bearish sentiment. It signals a growing divergence between market expectations and ETH’s long-term fundamentals, placing the asset at the center of an increasingly complex macro and structural narrative. How Ethereum Short Interest Now Rivals Commodities Like Silver Ethereum is currently one of the most heavily shorted assets in the world, approaching the scale of traditional commodities like Silver. An analyst known as DGMD.6529 on X revealed that over the past 21 months, institutions have reportedly acquired roughly $21 million in ETH per day, amounting to approximately $11.8 billion through ETFs alone. Related Reading: Ethereum Leads The Tokenization Race With Billions In Assets Beyond that, firms such as Bitmine and Sharplink, along with other digital asset treasuries (DATs), have collectively acquired an additional $10-15 billion outside ETF channels. DGMD.6529 argues that the global financial system is undergoing a structural shift. Banks and financial institutions are increasingly realizing that survival in the next era requires moving on-chain and integrating Decentralized Finance (DeFi) infrastructure. In that transaction, ETH remains the dominant platform for both DeFi and real-world assets (RWAs), with a moat that continues to expand. Its advantage lies in credible neutrality and reliability, while speed and cost continue to improve rapidly with mainnet scaling. From a market structure perspective, ETH is still trading in the bottom half of a 5-year consolidation range that has persisted since 2021. Meanwhile, its product-market fit and narrative strength have never been stronger. It has been treading water, waiting for the world to be ready for mass tokenization and smart contract utilization, which is already in place. Sharing insights on price action, Crypto analyst Daan Crypto Trades has highlighted that Ethereum is currently at a critical technical juncture as it retests its weekly 200 moving average (200MA). Earlier this year, during the sharp January sell-off, ETH lost this key level. The move mirrors a similar breakdown seen last year during the period of heightened volatility surrounding tariff-related market uncertainty, where prices also experienced a sharp downside reaction. Daan noted that the focus shifts to whether bulls can reclaim this level as support, with ETH revisiting this weekly 200MA. Ethereum’s Validator Lead As A Long Decade Advantage According to Everstake, Ethereum is the number one leading network in validator distribution. With an estimated 921,500 validators, ETH operates at a scale that clearly sets it apart from the rest of the market. While other networks continue to evolve and optimize for their own priorities, ETH’s strength lies in its breadth of participation in securing the network. Related Reading: Ethereum Steals The Spotlight As Capital Moves Away From Bitcoin Everstake pointed out that this level of distribution reinforces one of the core principles of blockchain decentralization, long-term resilience, and security. In many ways, the validator scale has increasingly become one of the clearest indicators of network maturity, and in this regard, ETH remains the reference point. Featured image from Pixabay, chart from Tradingview.com
Charles Schwab is charging into the crypto space with fees lower than its closest rival — and a customer base that dwarfs most financial platforms in America. Related Reading: Bitcoin Pressure Builds As Miners Dump 32K BTC In Just 3 Months A Slow Roll, Not A Full Launch The Texas-based brokerage has begun offering spot Bitcoin and Ethereum trading through its Schwab Crypto platform, operated via Charles Schwab Premier Bank. But don’t expect every customer to get access right away. The rollout starts with an internal employee pilot, moves to a client waitlist, then opens more broadly through the rest of Q2 2026. Customers in New York and Louisiana are currently left out. When it does fully open, the potential reach is staggering. Schwab manages close to $1.50 trillion in assets and holds accounts for up to 46 million active brokerage clients, served by 16,000 financial advisors. That kind of scale puts Schwab in a league of its own among brokerages now entering the crypto market. The firm set its trading fee at 0.75% — undercutting Fidelity Crypto’s 1% rate. Whether that gap is enough to pull customers from established platforms remains to be seen, but it gives Schwab a concrete edge on price. Robinhood Still Holds Some Ground Schwab won’t have the field to itself. Robinhood, which has been in the crypto trading space for years, offers more than 15 cryptocurrencies, operates in the EU and Asia-Pacific markets, and allows users to transfer crypto to external wallets. Schwab, for now, is starting with just Bitcoin and Ethereum. Reports indicate Schwab plans to add more cryptocurrencies down the line, along with AI tools, as it looks to capture a bigger share of demand from investors who want crypto alongside their traditional holdings. The brokerage described the crypto push as part of a broader effort to grow revenue sources. Earnings Miss Clouds An Otherwise Strong Quarter The crypto announcement landed on the same day Schwab posted its first-quarter 2026 results. Net revenue climbed 16% year over year to $6.48 billion — a record — but fell just short of the $6.50 billion analysts had expected. That narrow miss hit the stock hard. Shares of Schwab (NYSE: SCHW) dropped 7.70% on the day, trading at $92.51. Related Reading: Bitcoin Rally Faces First Test At $76K As Sellers Step In: Analysts Bitcoin touched $75,000 on the same day, pushed higher by strong inflows into spot ETFs and optimism around a potential US-Iran ceasefire. Ethereum moved in the opposite direction, slipping 0.75% to $2,355 after a large holder offloaded roughly 120,000 ETH — nearly $60 million worth — taking profit on a long position. Schwab’s entry adds another major name to the growing list of traditional financial institutions now offering direct access to crypto assets, bringing Bitcoin and Ethereum further into the mainstream of everyday investing. Featured image from MetaAI, chart from TradingView
Ethereum price started a downside correction after it failed near $2,400. ETH is now consolidating and might aim for more gains if it clears $2,360. Ethereum started a downside correction below the $2,350 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,295 zone. Ethereum Price Aims Key Upside Break Ethereum price managed to stay above the $2,250 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,320 and $2,350. However, the bears were active near $2,400. The last swing high was formed at $2,417 before there was a downside correction. The price dipped below the $2,320 level. The price even tested the 50% Fib retracement level of the upward move from the $2,180 swing low to the $2,417 high. Ethereum price is now trading above $2,300 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,295, the price could attempt another increase. Immediate resistance is seen near the $2,360 level. There is also a bearish trend line forming with resistance at $2,360 on the hourly chart of ETH/USD. The first key resistance is near the $2,380 level. The next major resistance is near the $2,420 level. A clear move above the $2,420 resistance might send the price toward the $2,450 resistance. An upside break above the $2,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,360 resistance, it could start a downside correction. Initial support on the downside is near the $2,295 level. The first major support sits near the $2,265 zone or the 61.8% Fib retracement level of the upward move from the $2,180 swing low to the $2,417 high. A clear move below the $2,265 support might push the price toward the $2,220 support. Any more losses might send the price toward the $2,200 region. The main support could be $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,295 Major Resistance Level – $2,360
Ethereum is testing resistance just below $2,400, caught between renewed buying interest and the lingering uncertainty that has defined the market for months. The price action looks tentative from the outside — but a CryptoQuant report is pointing to something happening beneath the surface that the chart alone does not capture. Related Reading: Bitcoin Miners Are Choosing To Hold At $74K: Changing The Supply Picture According to the report, the 14-day moving average of Ethereum’s Taker Buy Sell Ratio on Binance has surged to 1.036, its highest reading since April 2021. That means buyers on Binance are not just present — they are outpacing sellers at a rate the market has not seen in over four years. What makes that figure genuinely striking is the context in which it is occurring. Ethereum has fallen from a peak of $4,700 in October 2025 to its current level near $2,300, a decline of more than 50%. That is not a minor pullback. That is a half-price correction. Yet in the middle of that correction, aggressive buying pressure on Binance has quietly reached a multi-year high. When price falls sharply while buying intensity rises to historic levels, it creates a divergence that markets rarely ignore for long. The sellers are in control of the price right now. The question the data raises is whether they are running out of room to stay that way. When Price Falls and Buyers Get More Aggressive, Something Is Usually Changing The divergence the CryptoQuant report highlights is one of the more compelling setups in recent Ethereum data. A Taker Buy Sell Ratio above 1 means that market buy orders are actively outpacing market sell orders — buyers are not waiting for sellers to come to them, they are hitting the ask. The fact that this aggression is reaching a four-year high while prices continue to decline is the contradiction that demands attention. In most market conditions, aggressive buyers slow down when a correction deepens. Here, the opposite is happening. As Ethereum has moved further from its October peak, the buying intensity on Binance has increased rather than retreated. That kind of behavior does not typically come from retail participants reacting to price. It looks more like large entities deliberately absorbing available sell-side supply at a discount — what analysts often describe as smart money using weakness as a buying opportunity rather than a reason to step back. The significance of that dynamic is straightforward. Sellers can only sell what they have. If aggressive buyers continue absorbing that supply at the current pace, the pool of willing sellers gradually shrinks. When it shrinks enough, the price pressure that has defined Ethereum’s correction loses its fuel — and the setup for a reversal becomes structural rather than speculative. That point has not been reached yet. But the data suggests the distance to it is narrowing. Related Reading: XRP Whale Flows Hit 2021 Levels: Is History Repeating? Ethereum Tests $2,400 Resistance as Short-Term Momentum Improves Ethereum is approaching a critical resistance zone near $2,400 after recovering steadily from its February capitulation low around $1,800. The chart shows a clear shift in short-term structure: price has transitioned from a sequence of lower highs and lower lows into a pattern of higher lows, indicating that buyers are gradually regaining control. The recent move is supported by the 50-day moving average (blue), which has turned upward and is now acting as dynamic support. This is typically an early signal of momentum recovery. However, the broader trend remains unresolved. ETH is still trading below both the 100-day (green) and 200-day (red) moving averages, which continue to slope downward, reinforcing the presence of overhead resistance. Related Reading: Ethereum Just Saw Its Strongest Institutional Demand Signal Since October: Find Out If It Lasts The $2,300–$2,400 region is technically significant. It previously acted as support before the February breakdown and is now being retested as resistance. A clean break and consolidation above this range would mark a structural shift and likely open the path toward the $2,700–$2,900 region. Volume remains relatively muted compared to the February spike, suggesting the recovery is controlled rather than driven by aggressive inflows. This implies accumulation rather than speculation. Failure to break above resistance would likely extend consolidation between $2,000 and $2,400, delaying confirmation of a broader trend reversal. Featured image from ChatGPT, chart from TradingView.com
Bitcoin (BTC) has struggled to advance above major hurdles during the recent recovery, with price action failing to break through the $76,000 resistance level. The market signals also show that several major cryptocurrencies—Ethereum (ETH), Binance Coin (BNB), Solana (SOL), and XRP—managed to track Bitcoin’s rebound. Even with that follow-through, they have likewise not fully cleared their own higher resistance levels. Still, some analysts believe a cluster of supportive factors is starting to line up in a way that could lift both BTC and the broader crypto market to levels not seen since the beginning of the year. ‘Perfect Time’ For Bitcoin In a social media post on X (previously Twitter), market analyst Ash Crypto claimed that Bitcoin’s bullish setup could hardly be better at this point, and attributed that view to six catalysts he believes could push prices higher. Among them, Ash pointed to the S&P 500 reaching a new all-time high, alongside expectations that the Russell 2000 and the Nasdaq could also set new highs soon. Related Reading: Bitcoin Policy Institute Maps Out Strategy For US Stablecoin Supremacy Across 5 Policy Areas He also cited US economic data, highlighting that the ISM PMI has been above 52 for three straight months. In addition, Ash also referenced geopolitical headlines, arguing that peace talks involving the US, Iran, Israel, and Lebanon could reduce uncertainty and support risk appetite. On the crypto-specific side, Ash emphasized institutional and ecosystem demand. He noted that Michael Saylor’s Strategy (previously MicroStrategy) and spot Bitcoin exchange-traded funds (ETFs) are buying billions of BTC each week, framing it as an ongoing source of accumulation. Finally, he suggested that the pace of development is accelerating in response to the “quantum threat,” which he sees as an additional long-term tailwind. Why Altcoin Upside Is Possible Putting those pieces together, Ash concluded that conditions are “the perfect time” for Bitcoin to push toward the $85,000–$90,000 range, and that the move would likely be supportive for altcoins as well. Related Reading: What Presidio Bitcoin Found About Quantum Computing: Threat Timeline And Next Steps If the catalysts he highlighted continue to gain traction—starting from equity strength and macro stability, alongside institutional BTC demand—then both Bitcoin’s ascent and an altcoin resurgence could become increasingly plausible. Featured image from OpenArt, chart from TradingView.com
On-chain data shows the small Ethereum hands have sold into the latest price surge, a sign that retail traders don’t believe that the rally will last. Ethereum Retail Supply Has Seen A Notable Decline Recently According to data from on-chain analytics firm Santiment, the retail-sized Ethereum investors have been reducing their supply recently. The indicator of relevance here is the “Supply Distribution,” which tells us about the amount of the cryptocurrency that’s being held by a particular wallet cohort. Related Reading: Ethereum MACD Flashes Golden Cross—Price Surged 74%+ Last 3 Times Addresses are divided into these groups based on the number of tokens that they are carrying in their balance. The 1 to 10 coins cohort, for example, includes all investors owning between 1 and 10 ETH. In the context of the current topic, the group of interest is the one pertaining to a range of 0 to 0.01 ETH. The upper limit of the range is a relatively small one, so it provides a representation of the retail hands present on the Ethereum network. Below is a chart that shows the trend in the ETH Supply Distribution for the 0 to 0.01 coins group over the past year. As displayed in the graph, the small Ethereum holders participated in accumulation between April and December 2025. In this window, they collectively added 6,195 ETH to their holdings, representing a jump of 4.1%. Most of the buying came alongside an uptrend in the price, but retail traders still continued to accumulate even after the bearish shift in the last quarter of 2025. This trend flipped in January, however, indicating that the lack of a bullish return started causing an exodus from the 0 to 0.01 cohort. For most of 2026, the selloff from retail investors has been a gradual one, but as is apparent from the chart, a sharp plunge in the cohort’s Supply Distribution has occurred alongside the recent price recovery. In just the past two days, members of the group have parted with 1,791 ETH. Given this trend, it would appear that the retail traders don’t believe this bullish momentum will last, so they are using it for taking their profits. If history is anything to go by, though, this development may not entirely be a negative one for Ethereum. Often, digital asset markets tend to move in the direction that goes contrary to the crowd opinion. “The crowd believes this +17% pump since March 29th is a bull trap, which strengthens the likelihood of this bullish momentum continuing,” explained Santiment. Related Reading: USDT, USDC Activity Drops To Lowest Level Of 2026 On Ethereum It now remains to be seen whether the 0 to 0.01 ETH cohort will see its profit-taking spree continue in the coming days and if the Ethereum rally will be able to march on. ETH Price Ethereum has recovered back to the $2,340 mark following its surge over the last couple of days. Featured image from Dall-E, chart from TradingView.com
Ethereum price started a fresh increase and remained stable above $2,320. ETH is now consolidating and might aim for more gains if it clears $2,380. Ethereum started a steady increase above the $2,300 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,380 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,400 zone. Ethereum Price Aims Fresh Increase Ethereum price managed to stay above the $2,220 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,250 and $2,300. The last swing high was formed at $2,417 before there was a downside correction. The price dipped below the $2,350 level. There was a move below the 38.2% Fib retracement level of the upward move from the $2,180 swing low to the $2,417 high. Ethereum price is now trading above $2,320 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,300, the price could attempt another increase. Immediate resistance is seen near the $2,365 level. The first key resistance is near the $2,380 level. There is also a contracting triangle forming with resistance at $2,380 on the hourly chart of ETH/USD. The next major resistance is near the $2,400 level. A clear move above the $2,400 resistance might send the price toward the $2,440 resistance. An upside break above the $2,440 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,380 resistance, it could start a downside correction. Initial support on the downside is near the $2,330 level. The first major support sits near the $2,295 zone or the 50% Fib retracement level of the upward move from the $2,180 swing low to the $2,417 high. A clear move below the $2,295 support might push the price toward the $2,265 support. Any more losses might send the price toward the $2,230 region. The main support could be $2,200. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,295 Major Resistance Level – $2,380
A crypto analyst has highlighted how the last three golden crosses in the Ethereum MACD led into significant price rallies. This signal has now appeared again. Ethereum MACD Has Just Seen A Potential Golden Cross In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) signal forming in the 1-week price of Ethereum. The signal in question is related to the Moving Average Convergence/Divergence (MACD), a technical indicator that’s generally used for identifying buying and selling points for an asset. Related Reading: USDT, USDC Activity Drops To Lowest Level Of 2026 On Ethereum It involves two trendlines. The first, called the MACD line, tracks the difference between the 12-period and 26-period exponential moving averages (MAs) for the asset’s price. Meanwhile, the other level, known as the signal line, is the 9-period EMA of the MACD line. Interactions between the two trendlines of the MACD indicator may provide hints about where the asset could be headed next; a surge from the MACD line above the signal line can be a sign that a bullish market shift may be occurring. On the other hand, the reverse crossover can be a bearish signal. Now, here is the chart shared by Martinez that shows the trend in the MACD for the weekly price of Ethereum over the last couple of years: In the graph, the histogram tracks the distance between the indicator’s trendlines. Earlier, this histogram was in the negative territory, indicating that the Ethereum MACD line was trading under the signal line. Recently, however, the metric has just turned into the positive zone, implying a bullish crossover may be forming. The analyst has highlighted in the chart what happened the last few times that the MACD formed this type of crossover for the cryptocurrency’s weekly price. “The last three times the MACD printed a golden cross on Ethereum $ETH, the price surged 130%, 74%, and 98%,” explained Martinez. It now remains to be seen whether the signal in the indicator will hold for Ethereum this time, and if a rally anywhere close to the level of the last few ones will follow. Related Reading: Bitcoin Whales Ramp Up Accumulation: Holdings Hit 2-Month High In some other news, ETH’s latest surge has meant that its price has reclaimed a key cost basis level, as on-chain analytics firm Glassnode has pointed out in an X post. As displayed in the above graph, Ethereum has surged above the cost basis of the buyers from 1 to 3 months ago, but it still remains below the acquisition level of the 3 to 6 months old investors. “So far, this structure is consistent with a bear market relief rally, comparable to the bounces observed in Q3-Q4 2022, rather than a structural trend reversal,” noted Glassnode. ETH Price Ethereum closed in on the $2,400 level on Tuesday, but its price has since retraced to $2,320. Featured image from Dall-E, chart from TradingView.com
Ethereum has already shown the way. While Bitcoin climbed roughly 5% in a single day, Ether moved more than 8% — outpacing it by a factor of nearly 1.4. That gap, according to one analyst, is a preview of what the broader crypto market could do if Bitcoin keeps climbing through the rest of April. Related Reading: ‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces A Specific Price Level Is Drawing Attention Michael Van de Poppe, founder of MN Fund and a widely followed market analyst, says Bitcoin has a clear path to the $80,000–$85,000 range before the month closes out. He made the call on X this week, pointing to a recovering global market as the main force behind the expected move. Bitcoin was trading around $74,500 at the time of his post, up more than 5% in 24 hours, with trading volume jumping over 90% over the same period. #Bitcoin aims to attack the highs and is consolidating around $75K. If it blasts through $75K with volume, we’ll be in for $80-85K this month, as that’s where the higher timeframe resistances are. Yesterday I’ve made an analysis with several scenarios that I’m looking for.… pic.twitter.com/zq47n6NhXk — Michaël van de Poppe (@CryptoMichNL) April 14, 2026 The $85,000 target would mark a return to price levels Bitcoin last visited in late January, when it slipped from around $89,000 down to $84,600. Getting back there would represent a gain of nearly 14% from where it stood when Van de Poppe made his call. One level matters more than the rest right now: $75,000. According to Van de Poppe, breaking through that resistance with strong volume behind it sets the stage for the run to $80,000–$85,000 — where heavier selling pressure from longer-term chart history tends to sit. Bitcoin had already pushed past $75,000 by the time the analysis circulated. Downside Support Gives The Bull Case A Floor Van de Poppe also outlined what could keep the bullish scenario alive even if prices pull back. Based on his analysis, as long as Bitcoin holds above $72,000, there is better than a 70% chance it trades above $80,000 before April ends. That support zone acts as a line in the sand. A drop below it would likely change the picture. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert The backdrop helping Bitcoin here is broader than crypto. Global markets have been stabilizing after weeks of pressure tied to geopolitical tensions, and Bitcoin has moved in step with that recovery. Altcoins Could Amplify The Move Van de Poppe’s bigger claim may be the one about altcoins. He sees them moving at two to three times Bitcoin’s rate — meaning if Bitcoin gains 10%, altcoins could rise 20% to 30% or more. Reports indicate that this pattern tends to follow a predictable path. Capital flows into Bitcoin first, then into large-cap coins, and eventually rotates into smaller altcoins. Featured image from Meta, chart from TradingView
The US-Iran war continues to affect Bitcoin, Ethereum, and Dogecoin prices, with volatility at high levels. However, risk-on sentiment also appears to be returning, with open interest rising as BTC rises to a new multi-month high. How The US-Iran War Affects The Bitcoin, Ethereum, and Dogecoin Prices In an X post, crypto analyst Michaël van de Poppe noted that the US-Iran war continues to drive market volatility. He further remarked that there won’t be a path forward where the Bitcoin, Ethereum, and Dogecoin prices will do well if this continues to be the consensus. However, he added that the U.S. economy is “sufficiently weak” and that the Fed has no choice but to start printing money again, which is a positive for these risk assets. Related Reading: Bitcoin Is Playing Out The Same Cycle Again On A Bigger Scale Bitcoin, Ethereum, and Dogecoin prices have so far held up amid the US-Iran war, with BTC rallying to a multi-month high of $76,000 yesterday. This comes as market participants continue to price in an imminent end to the war despite the fragile two-week ceasefire. US President Donald Trump recently mentioned that another round of peace talks could happen within the next two days, which has also sparked bullish sentiments. Interestingly, risk-on sentiment has increased amid the US-Iran war, which is also contributing to the rally for Bitcoin, Ethereum, and Dogecoin prices. On-chain analytics platform Santiment noted that BTC and ETH’s rally to their highest levels since the start of February comes with increased optimism, as margin and leveraged positions are being created rapidly. Santiment revealed that Bitcoin’s open interest has surged 59% over seven weeks, while Ethereum’s has climbed 45% over the same period. The platform noted that this reflects growing trader conviction but also introduces higher risk as crowded leveraged trades can quickly unwind. They added that when open interest climbs alongside prices, markets often become more volatile, with sudden squeezes in either direction more likely. Analyst Warns That BTC Has Yet To Form A Bottom Crypto analyst Colin has warned that a bear market bottom has unlikely formed despite the rebound in the Bitcoin, Ethereum, and Dogecoin prices amid the US-Iran war. He noted that the $60,000 February bottom for BTC was only four months into a typical 12-month cycle, which is why he believes that the $60,000 price level isn’t the bear market bottom. Related Reading: Ethereum Is About To Go ‘Parabolic’ – Analyst Signals Golden Triangle Formation The analyst acknowledged that the bear market could be shorter this time around, but not by 2/3 of the normal bear cycle. He also noted that Bitcoin’s drop so far from its October 2025 peak is only 53%, compared to the 77% crashes recorded in prior cycles. In line with this, Colin said, “The $60k bottom is *statistically unlikely* to be the bottom.” Featured image from Pixabay, chart from Tradingview.com
Ethereum’s derivatives market on Binance is flashing a setup that could leave short sellers exposed if the recent move higher continues. According to analysis shared on X by CryptoQuant contributor Darkfost, positioning has become increasingly one-sided even as ETH has rebounded sharply from its February low, creating the conditions for further short squeezes. Ethereum Bears Crowd In On Binance The core of the argument is a mismatch between price action and trader conviction. Darkfost said that since February, around 350,000 ETH has been added to open interest on Binance, which now represents roughly 37% of total market share. At current prices, that amounts to more than $1 billion flowing into Binance’s ETH derivatives complex. Related Reading: A Historic Ethereum Signal Just Fired – Discover What Happens Next What stands out is not just the size of that increase, but the direction of positioning behind it. “What is paradoxical is that despite the recent price increase (+35% since the February low), the majority of investors appear to be positioning for a correction by shorting the market,” Darkfost wrote. “This can be observed through ETH funding rates on Binance, which have reached levels not seen since the previous bear market.” That matters because funding rates offer a read on which side of the perpetual futures market is leaning more aggressively. Darkfost said Binance funding has remained mostly negative since late January, suggesting traders have continued to pay to hold short exposure rather than chase the rebound. In other words, the move higher has not fully reset bearish conviction. Related Reading: Ethereum Profit-Loss Indicator Is Hovering Just Below Neutral – The Market Waits for A Catalyst The post argues that this skepticism has now reached a level that is unusual even by recent standards. “Observing such negative levels, with funding rates dropping below -0.01%, is relatively rare and indicates a significant buildup of short positions while investors remain in disbelief,” Darkfost wrote. “When this level of consensus forms, it is not uncommon for the market to move against the majority, triggering liquidations of the most aggressive positions and leading to short squeeze events, like the one observed yesterday.” That squeeze dynamic has already started to show up in the liquidation data. Darkfost noted that more than $3 million in short positions were liquidated twice within a single hour on Binance, a sign that even modest upside extensions are capable of forcing leveraged bears out of the market. In crowded setups, those forced exits can become self-reinforcing, as liquidations add incremental buy pressure and push price into the next pocket of vulnerable positions. The broader implication is not necessarily that Ethereum is entering a straight-line rally, but that the derivatives structure has tilted in a way that can amplify upside if sentiment remains slow to adjust. Darkfost framed the recent rally as the “early phase of the uptrend,” arguing that months of short accumulation could continue to provide fuel if traders remain positioned for reversal rather than continuation. There is, however, one important shift underway. Funding rates are now beginning to turn positive again, with Darkfost citing a reading around +0.01%, though the day’s data was not yet complete. If that change holds, the market structure would begin to look different: less driven by disbelief-fueled squeezes, and more by traders starting to align with the move. For now, the message from Binance’s ETH derivatives market is fairly clear. Shorts have piled in aggressively, but the more crowded that trade becomes, the more fragile it is if Ethereum keeps grinding higher. At press time, ETH traded at $2,318. Featured image created with DALL.E, chart from TradingView.com
On-chain data shows the Ethereum versions of USDT and USDC, the two largest stablecoins, have seen their active addresses fall to the lowest level of 2026. USDC & USDT Active Addresses Have Fallen On The Ethereum Network In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the Daily Active Addresses for the Ethereum versions of USDT and USDC. This indicator measures the daily total number of addresses participating in some kind of transaction activity on the network. Related Reading: Bitcoin Whales Ramp Up Accumulation: Holdings Hit 2-Month High When the value of this metric goes up, it means more addresses are coming online on the blockchain every day. Such a trend implies user interest in the cryptocurrency is rising. On the other hand, the indicator observing a decline suggests holders of the asset are reducing their transaction activity as fewer of them are making moves on the network. Now, here is the chart shared by Santiment that shows the trend in this metric for USDT and USDC on the Ethereum blockchain over the last few months: As displayed in the above graph, both the top two stablecoins have seen a drawdown in the Daily Active Addresses, suggesting activity related to them has declined. More specifically, the metric has dropped to 202,300 for USDT and 109,300 for USDC. Both these values are the lowest that they have been since December. Stablecoins occupy a different spot in the sector than volatile assets like Bitcoin and Ethereum; investors use them when they want to stash their capital away from the volatility associated with the other cryptocurrencies. Because of this reason, stablecoins are often considered to represent the “dry powder” sitting on the sidelines in the digital asset sector. Whenever these tokens are on the move, it means investors are either stashing away capital or injecting it into the volatile side. Given that the Daily Active Addresses has plunged for the Ethereum blockchain version of USDT and USDC recently, it would appear that there isn’t much demand for stablecoin-related swaps right now. Interestingly, this trend has come alongside a recovery surge in Ethereum and other assets. As such, it’s possible that the volatility could soon ignite fresh activity in the space. As Santiment explained: With Bitcoin making good momentum today and pushing toward $75K, expect for traders’ buying power to pick up a bit as they look to take more chances. More volatility means more ‘dry powder’ being moved. Related Reading: Huge XRP Bull Market Ahead? Analyst Flags ‘Ultimate’ Buy Zone In related news, USDT has seen its market cap reverse course recently, as CryptoQuant community analyst Maartunn has highlighted in an X post. The trend in the 60-day market cap change for USDT | Source: @JA_Maartun on X From the chart, it’s apparent that the 60-day change in the USDT market cap was negative earlier, but it’s just now starting to make its way back into the positive territory. ETH Price At the time of writing, Ethereum is floating around $2,300, up 10% in the last seven days. Featured image from Dall-E, chart from TradingView.com
Ethereum price started a fresh surge and traded above $2,365. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,220 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $2,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,300 zone. Ethereum Price Fails To Clear $2,400 Ethereum price managed to stay above the $2,200 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,220 and $2,280. The bulls pumped the price above the $2,365 resistance. A high was formed at $2,417, and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $2,180 swing low to the $2,416 high. Ethereum price is now trading above $2,300 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,300, the price could attempt another increase. Immediate resistance is seen near the $2,360 level. The first key resistance is near the $2,380 level. The next major resistance is near the $2,400 level. A clear move above the $2,400 resistance might send the price toward the $2,480 resistance. An upside break above the $2,480 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,620 in the near term. More Downside In ETH? If Ethereum fails to clear the $2,400 resistance, it could start a downside correction. Initial support on the downside is near the $2,320 level. The first major support sits near the $2,300 zone. A clear move below the $2,300 support might push the price toward the $2,270 support and the 61.8% Fib retracement level of the upward move from the $2,180 swing low to the $2,416 high. Any more losses might send the price toward the $2,220 region. The main support could be $2,180. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,270 Major Resistance Level – $2,400
Morgan Stanley’s freshly launched Bitcoin exchange-traded fund pulled in nearly $62 million within its first week of trading — a debut that landed in the middle of the strongest week for crypto investment products in three months. Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event Macro Shifts Fuel The Comeback That broader rebound was driven by more than one firm’s market entry. Crypto funds globally attracted $1.1 billion in net inflows for the week ending April 11, according to asset manager CoinShares. The turnaround came after five straight weeks of outflows that drained roughly $4 billion from the market and left investor sentiment battered heading into April. CoinShares head of research James Butterfill pointed to two specific triggers: early ceasefire signals out of Iran and a softer-than-expected US inflation reading. Both helped ease nerves that had kept institutional money on the sidelines. US investors led the charge. Based on CoinShares data, American buyers accounted for $1.06 billion — about 95% of total global flows for the week. US spot Bitcoin ETFs absorbed the largest share, pulling in $833 million, per data from Farside Investors. Bitcoin And Ethereum Both Draw Fresh Money Bitcoin funds worldwide attracted $871 million. Ethereum, which had recorded outflows for three consecutive weeks before this, saw $196.5 million flow back in. Weekly trading volumes climbed 13% to $21 billion, though that number still sits well below the year-to-date average of $31 billion, reports indicate. The positioning among big investors told an interesting story. At the same time institutions were buying into Bitcoin and Ethereum, short-Bitcoin products — funds that profit when Bitcoin’s price falls — recorded $20 million in inflows. That was the highest single-week total for those products since November 2024. Money was moving in, but some of it was being used as a safety net. XRP funds, which had briefly outpaced Bitcoin the previous week with nearly $120 million in inflows, cooled significantly. Reports show XRP investment products brought in a little over $19 million during the same period. Morgan Stanley Moves Deeper Into Crypto Beyond the weekly numbers, Morgan Stanley’s expanding footprint in the space drew attention. The bank has already filed for Ethereum and Solana ETFs following its Bitcoin fund launch. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert According to reports, Morgan Stanley executive Amy Oldenburg said the firm also plans to roll out crypto services including a tokenized money market fund and tax-harvesting options for clients. Year-to-date, Bitcoin ETF inflows have reached just under $2 billion — about 82% of all crypto ETP inflows recorded in 2026. Ethereum remains in the red for the year, sitting at $130 million in cumulative outflows despite last week’s recovery. Total assets under management across crypto investment products climbed back to levels not seen since early February. Featured image from Pexels, chart from TradingView
Ethereum is trading just below $2,400. The market is seeing relief. And over the past 48 hours, US institutional investors briefly paid the highest premium for Ethereum they have paid since October — before pulling back almost as quickly as they arrived. Related Reading: Ethereum Profit-Loss Indicator Is Hovering Just Below Neutral – The Market Waits for A Catalyst An Arab Chain report tracking the Coinbase Premium Index for Ethereum has identified a two-day institutional demand signal that reframes the current recovery as something more than a broad market bounce. The index — which measures the price difference between Ethereum on Coinbase and Ethereum on Binance — reached approximately 0.055 over the past two days, its highest reading since October 2025. When Coinbase trades above Binance, it means US institutional investors are bidding more aggressively for ETH than the global market. At 0.055, they were bidding at a six-month extreme. The index has since retreated to approximately 0.006. The premium has narrowed. The institutional urgency that briefly drove it has eased. That two-day arc — surge then retreat — is the development that demands interpretation. Institutional demand arrived at Ethereum in force, reached a six-month high, and then moderated. Whether that sequence describes demand satisfied and pausing, or demand tested and withdrawing, is the question the current price level cannot answer on its own. The Institutions Arrived. Then They Stepped Back. Both Facts Matter Equally The Arab Chain report gives the two-day sequence its structural interpretation. The index reaching 0.055 was not a routine fluctuation — it reflected a significant and measurable influx of institutional liquidity entering the Ethereum market, specifically through Coinbase. During that period, ETH was trading at a genuinely higher price on Coinbase than on Binance, meaning US institutional investors were willing to pay more for Ethereum than the global market was pricing it. That premium does not exist by accident. It exists because demand was outpacing supply on the institutional venue — buyers arriving faster than sellers could match them. The retreat to 0.006 is where the interpretation becomes more nuanced. The premium narrowing does not mean the institutional demand has reversed. It means the urgency has reduced. The gap between Coinbase and Binance has compressed because the pace of institutional buying has slowed — not because institutions have become sellers. That distinction is the most important analytical point the data supports. A surge followed by a moderation is structurally different from a surge followed by a reversal. The former describes demand that arrived, was partially satisfied, and paused. The latter describes demand that tested the level and retreated. The current reading of 0.006 sits close enough to neutral that it cannot yet confirm which story is being told. The next movement in the index — whether it rebuilds toward the 0.055 range or continues compressing toward zero — will be the answer the current data cannot yet provide. Related Reading: A Historic Ethereum Signal Just Fired – Discover What Happens Next Ethereum Approaches Resistance as Momentum Builds Ethereum is trading near $2,350–$2,400, extending its recovery from the February capitulation and testing a key resistance zone. The chart shows a constructive shift in short-term structure, with price forming higher lows and steadily pushing upward. This suggests that buyers are gradually regaining control after the sharp sell-off. However, the broader trend remains mixed. ETH is still trading below the 100-day (green) and 200-day (red) moving averages, both sloping downward and acting as dynamic resistance. The 50-day moving average (blue) has turned upward and is now supporting price from below, indicating improving momentum in the short term. Related Reading: Ethereum Mirrors A 2023 Setup As Buyers Take Control Of Derivatives On Binance Volume behavior adds nuance. The spike during the February decline reflects forced liquidations, while the recovery has been accompanied by moderate volume, suggesting controlled buying rather than aggressive accumulation. This type of price action is typically associated with early-stage recoveries rather than confirmed uptrends. The $2,400 level is critical. A sustained break above this zone would signal a shift in structure and open the path toward the $2,600–$2,800 region. Failure to break higher could result in another rejection and a return to the $2,100 support area. Featured image from ChatGPT, chart from TradingView.com
As Ethereum (ETH) retests a crucial support zone, Bitmine, the second-largest crypto treasury, has announced its latest ETH purchase, which pushed the company’s holdings closer to its ultimate goal. Related Reading: Dogecoin (DOGE) Retreats, Can Bulls Reclaim Upside Momentum? Bitmine Reaches Major 4% ETH Milestone On Monday, the largest Ethereum treasury in the world, Bitmine Immersion Technologies, revealed it had reached a major milestone after purchasing roughly $157 million of ETH in the past week. In its latest update, the company shared that it acquired 71,524 ETH over the past week, its highest pace of buys since the week of December 22, 2025. Bitmine’s Chairman, Tom Lee, detailed that the Ethereum treasury “has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the ‘mini-crypto winter.’” Notably, the company has been ramping up its bet on the King of Altcoins over the past month, significantly increasing its average of 45,000-50,000 ETH purchases from previous weeks. Now, the company’s crypto and cash holdings have reached $11.8 billion at current prices, comprised of 4,874,858 ETH, 198 Bitcoin (BTC), a $200 million stake in Beast Industries, an $85 million stake in Eightco Holdings as part of its “Moonshots” initiative, and unencumbered cash worth $719 million. In addition, Bitmine’s Ethereum holdings have reached 4% of the total ETH supply. This represents a key milestone toward the company’s goal of controlling 5% of the leading altcoin’s 120.7 million supply, which is currently 81% complete. Last week, the treasury firm announced its uplisting to the New York Stock Exchange (NYSE) from the NYSE American on April 9, 2026, and the expansion of the share repurchase program to $4 billion. Ethereum Starts Q2 In Green In the weekly update, Lee also discussed ETH’s performance amid the ongoing conflict between the US and Iran, noting that “this war remains the most important driver of global markets.” He highlighted that “ETH is now the best-performing asset since the start of the war, with a 17.4% gain and outperforming the S&P 500 by 1,830 basis points. And we believe ETH beating gold by 2,743 basis points demonstrates ETH is the wartime store of value.” “Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains,” he continued. Market observer Daan Crypto Trades pointed out that Ethereum started the quarter “slightly in the green so far,” with a 3.7% increase Quarter-to-Date (QTD), according to CoinGlass data. The trader noted that this quarter “is generally the best quarter, together with Q1, for Ethereum,” as it has ended in green eight out of ten times, with an average and median return of 58.3% and 15.3%, respectively. Related Reading: Bitcoin Bulls Must Hold This Level Or Price Could Crash To $65,000 Again Meanwhile, crypto analyst Ted Pillows highlighted that ETH is back in its $2,150-$2,200 support zone after the weekend pump. Per the post, if this zone holds, the King of Altcoins could rally back above $2,250 and potentially move toward last month’s top near $2,400. Nonetheless, they warned investors about a potential drop if momentum doesn’t hold. “We’ve seen that historical price action has not really been in Crypto’s favor the past year, so take everything with a grain of salt,” Daan cautioned. Featured Image from Unsplash.com, Chart from TradingView.com
Ether is outperforming bitcoin as ETF flows, spot prices and a 41% jump in Ethereum transactions move in the same direction for the first time in months.
Ethereum price started a fresh surge and traded above $2,350. ETH is now consolidating and might aim for more gains above $2,400. Ethereum started a steady increase from the $2,180 zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,320 zone. Ethereum Price Surges To $2,400 Ethereum price managed to stay above the $2,180 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,200 and $2,250. There was a break above a bearish trend line with resistance at $2,200 on the hourly chart of ETH/USD. The bulls pumped the price above the $2,350 resistance. A high was formed at $2,395, and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,179 swing low to the $2,395 high. Ethereum price is now trading above $2,350 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,320, the price could attempt another increase. Immediate resistance is seen near the $2,380 level. The first key resistance is near the $2,400 level. The next major resistance is near the $2,440 level. A clear move above the $2,440 resistance might send the price toward the $2,500 resistance. An upside break above the $2,500 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,620 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $2,400 resistance, it could start a downside correction. Initial support on the downside is near the $2,345 level. The first major support sits near the $2,320 zone. A clear move below the $2,320 support might push the price toward the $2,260 support and the 61.8% Fib retracement level of the upward move from the $2,179 swing low to the $2,395 high. Any more losses might send the price toward the $2,230 region. The main support could be $2,180. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,260 Major Resistance Level – $2,400
Ethereum has been consolidating for weeks. Selling pressure is present. Uncertainty is higher. An Arab Chain analysis has identified a condition in the on-chain data that describes exactly what this market is doing — and why it cannot stay here indefinitely. Related Reading: Ethereum Mirrors A 2023 Setup As Buyers Take Control Of Derivatives On Binance The report tracks Ethereum’s Net Unrealized Profit and Loss on Binance — a measure of whether holders are, on average, sitting on gains or losses relative to their entry prices. The indicator currently sits at -0.053, holding near the neutral zone while Ethereum trades around $2,100. That reading describes a market in equilibrium: investors on Binance are neither panicking out of losing positions nor taking profits from winning ones. They are holding — and waiting. The behavioral picture that emerges from the data is specific. Volatility has declined. Panic selling is absent. Excessive optimism is equally absent. Short-term trading activity has reduced to the point where the market is generating neither the downward pressure of fear nor the upward pressure of greed. What remains is a market suspended between two states, maintained in place by the absence of a catalyst strong enough to break it in either direction. At -0.053, the indicator is not perfectly neutral. It is slightly underwater — a detail small enough to overlook and significant enough to matter when the next directional move begins. Stability Is Not the Same as Safety. It Is a Countdown The Arab Chain analysis draws the distinction that makes the current NUPL reading more significant than its proximity to zero suggests. The indicator’s persistence in slightly negative territory — holding at -0.053 without sharp movements in either direction — reflects a specific investor behavior: waiting. Not accumulating aggressively. Not distributing systematically. Waiting for a catalyst that has not yet arrived to clarify the direction that the data cannot currently confirm. That behavioral state has a historical profile. Periods where the NUPL holds near neutral without sharp deviations are typically associated with lower near-term risk — the absence of panic selling means forced exits are not driving price, and the absence of excessive optimism means unsustainable speculation is not inflating it. The market moves within narrow ranges because neither the fear that accelerates downside nor the greed that accelerates upside is present in sufficient force to break the equilibrium. The report identifies this condition as temporary by definition. Consolidation phases do not persist indefinitely — they persist until a catalyst resolves them. Ethereum stabilizing around $2,100 with NUPL hovering near neutral, and no sharp movements in the indicator reflect a market that has found a temporary balance between supply and demand. The word that matters in that sentence is temporary. The balance is real. Its duration is not guaranteed. When the catalyst arrives — macro clarity, a demand surge, a shift in sentiment — the indicator will move, and the narrow range that has contained Ethereum’s price will expand in the direction the move takes it. Related Reading: Capital Is Rotating From Bitcoin To Ethereum – On-Chain Data Shows It Is Not Over Ethereum Consolidates Below Resistance as Momentum Stalls Ethereum is trading near $2,150–$2,200, holding a tight range after recovering from the February capitulation. The chart shows a clear shift from aggressive selling to controlled consolidation, with price forming higher lows since the bottom near $1,800. This suggests stabilization, but not yet a confirmed reversal. Technically, ETH remains below all major moving averages. The 50-day (blue) is flattening and beginning to act as short-term support, while the 100-day (green) and 200-day (red) continue to trend downward above price, reinforcing overhead resistance. Recent attempts to break higher have stalled below the $2,300–$2,400 zone, indicating persistent supply. Related Reading: XRP Supply Is Thinning, and Leverage Is Absent. Learn What Happens When One Of Those Changes Volume dynamics support this interpretation. The spike during the sell-off reflects forced liquidations, while the subsequent decline in volume points to reduced participation. The current recovery lacks the expansion in volume typically associated with strong trend reversals. Structurally, Ethereum is compressing beneath resistance. The range between $2,000 and $2,300 is tightening, with neither buyers nor sellers showing dominance. A break above $2,400 would signal a shift in momentum and open a move toward the 100-day average. Conversely, losing $2,000 would invalidate the recovery structure. Featured image from ChatGPT, chart from TradingView.com