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Ethereum has reclaimed the $3,150 level after a volatile stretch, offering a rare sign of strength in an otherwise uncertain market. The broader crypto landscape remains sharply divided: some analysts argue that ETH and the rest of the market still face downward continuation, potentially setting new local lows, while others believe this correction is simply a reset before a much larger bull cycle—possibly extending into 2026. Related Reading: Bitcoin Must Break $97K To Restore Confidence Among Youngest Long-Term Holders – Details Yet one signal stands out clearly amid the noise: smart whales are unanimously going long on ETH. On-chain data shows that several of the most profitable and consistent whale traders—each with tens of millions in realized gains—have opened substantial long positions, collectively exceeding hundreds of millions of dollars. Their coordinated behavior indicates confidence that Ethereum’s recent lows represent opportunity rather than danger. This alignment among top-performing whales introduces a compelling counterpoint to bearish narratives. While retail sentiment remains fragile, the most sophisticated market participants appear to be positioning for a larger move ahead. As Ethereum stabilizes above $3,150, the question now becomes whether whale conviction will prove to be early—or correct. Top Performers Load Up on Ethereum According to Hyperdash data shared by Lookonchain, some of the most successful and influential whales in the market are aggressively accumulating Ethereum—sending a strong signal that high-conviction players expect upside ahead. One of the most notable is BitcoinOG, the trader widely recognized for shorting the market during the violent 10/10 crash, a move that earned him significant credibility. With a total realized PNL of $105 million, BitcoinOG is now positioned firmly on the bullish side, holding 54,277 ETH worth approximately $169.48 million. Another major player is the well-known Anti-CZ whale, named for his historical pattern of taking the opposite side of positions favored by Binance founder Changpeng Zhao. With an impressive $58.8 million in total PNL, this whale is currently long 62,156 ETH—a massive $194 million position. His trades have often been early indicators of broad market direction, adding weight to this shift toward bullish exposure. Finally, pension-usdt.eth, a consistently profitable whale address with $16.3 million in realized gains, is long 20,000 ETH valued at $62.5 million. Taken together, these positions reflect a unified stance among top-performing whales: despite market uncertainty, they are positioning for Ethereum strength. Related Reading: Ethereum Shows Signs Of Accumulation As CVD Strengthens And Correlation Stays Elevated Weekly Structure Shows Early Signs of Stabilization Ethereum’s weekly chart reveals a market attempting to regain its footing after a sharp multi-week decline from the $4,500 region. The recent reclaim of $3,150 is a meaningful development, as this level aligns closely with prior weekly support from mid-2024 and sits just above the 50-week moving average—an area that often acts as a trend-defining zone. ETH briefly dipped below this region during the November selloff, but buyers stepped in aggressively, producing a strong weekly wick that signals demand at lower levels. Despite this recovery attempt, ETH remains below key resistance levels. The 20-week and 100-week moving averages are positioned above the current price and converging, creating a zone of potential rejection unless momentum strengthens. For now, ETH is trading in a transitional structure: no longer trending downward aggressively, but not yet showing a confirmed bullish reversal on high timeframes. Related Reading: Ethereum NUPL Holds Steady, Signaling Market Balance Amid Volatility Volume patterns also support this interpretation. Selling volume has diminished compared to the capitulation phase, while recent green candles show moderate but steady buying interest—suggesting accumulation rather than full risk-on behavior. If ETH can establish consecutive weekly closes above $3,200–$3,300, the chart opens the door for a retest of the $3,600–$3,800 range. Failure to hold $3,150, however, risks another move toward $2,800 support. Featured image from ChatGPT, chart from TradingView.com

Ethereum is holding firmly above the $3,150 level as the market shifts into a more bullish phase after enduring weeks of heavy selling pressure and fear-driven liquidation. The recovery has sparked debate among analysts: some view the bounce as nothing more than a relief rally within a broader bearish trend, while others believe Ethereum may be building the foundation for a more sustained rebound. Related Reading: XRP On-Chain Velocity Hits Yearly High As Network Activity Explodes A new CryptoQuant report offers one of the clearest insights. According to Ethereum data on Binance, the past several weeks have shown heightened volatility in the Cumulative Volume Delta (CVD) — a metric that tracks real-time buying and selling pressure. This volatility reflects sharp, rapid shifts in trader behavior as the market attempts to stabilize. Although Ethereum remains in a downtrend from its August peak, recent CVD spikes point to the return of notable buying activity. However, the report emphasizes that these bursts of demand are sporadic and lack the sustained strength needed to confirm a full bullish reversal. CVD Volatility Highlights Ongoing Battle Between Buyers and Sellers According to the Arab Chain report, Ethereum’s CVD recently turned positive, coinciding with the price’s attempt to stabilize above the $3,100 level. This shift indicates fresh liquidity entering the market through short-term buy orders, suggesting that some traders are stepping in to accumulate during dips. However, the sudden spikes and rapid pullbacks within the CVD reveal that the market remains locked in a strong tug-of-war between buyers and sellers. This volatility underscores the fact that Ethereum has not yet reached either temporal stability or a clear structural trend. The report also highlights the importance of the 30-day correlation between price and CVD, which has held steady at around 0.6 despite lower price levels. This relatively high reading shows that liquidity flows continue to influence Ethereum’s price direction in a meaningful and consistent way. Even though buying pressure appears irregular, its recurring impact on price suggests that traders are still actively responding to market conditions. Overall, this pattern reflects investors attempting to capitalize on volatility, especially as anticipation grows around potential liquidity inflows tied to upcoming network upgrades. Yet, Arab Chain stresses that without a more sustained accumulation phase and reduced short-term selling, Ethereum may struggle to generate a decisive upward movement. Related Reading: Ethereum NUPL Holds Steady, Signaling Market Balance Amid Volatility Ethereum Attempts a Recovery but Faces Key Resistance Ethereum’s latest price action shows a cautious recovery as ETH climbs back above the $3,150 level, but the chart reveals that the broader structure remains fragile. After a steep decline from the October highs near $4,500, ETH found support slightly above $2,700, where buyers stepped back in with increased volume—visible in the recent surge of green candles at the bottom of the chart. This reaction suggests renewed interest at lower levels, but not yet a decisive shift in trend. The price is now pressing against the 100-day SMA (red line), a level that previously acted as support and has now flipped into resistance. Reclaiming this line would be an important step toward restoring bullish momentum. Above it, ETH faces another barrier at the 50-day SMA (blue line), which continues to slope downward, reflecting ongoing medium-term selling pressure. Related Reading: Bitmine Buys Another 18,345 Ethereum ($54.94M) In Fresh Accumulation Push – Details Despite the rebound, volume remains inconsistent, indicating hesitation among market participants. ETH will need stronger follow-through buying to challenge the next resistance zone around $3,300–$3,350, a region aligned with previous breakdown levels. Featured image from ChatGPT, chart from TradingView.com

Ethereum has witnessed a recovery surge recently as on-chain data shows the shark-sized investors have been participating in strong buying. Ethereum Sharks Have Added 450,000 ETH Since Mid-November According to data from on-chain analytics firm Santiment, the supply of the Ethereum sharks has gone up recently. The indicator of relevance here is the “Supply Distribution,” measuring the total amount of tokens that a given wallet group as a whole is holding right now. Related Reading: Next Key XRP Level Could Be $1.2 If Current Support Fails, Says Analyst In the context of the current topic, the cohort of focus is the one corresponding to a coin range of 1,000 to 10,000 ETH. At the current exchange rate, the lower bound of the range roughly converts to $3.2 million and the upper one to $32 million. Investors of this large size are popularly known as the sharks. While not as massive as the whales (addresses with more than 10,000 ETH), the sharks are still considered influential entities. This can make their behavior often worth keeping an eye on. As the chart below, shared by Santiment, suggests, the latest Ethereum shark behavior has been one of accumulation. During the November price decline, the Supply Distribution had been going down for the Ethereum sharks, but around the time of the market bottom, its trend began to reverse. Between November 18th and December 2nd, the sharks added a total of 450,000 ETH (worth about $1.4 billion) to their wallets, a massive amount. Alongside this sharp uptick in the metric, ETH went through its price recovery. The cryptocurrency’s sharp retrace to start December didn’t dissuade these large hands, either, as their supply only continued to rise. This may be one of the factors behind the quick resumption of bullish momentum that the asset has seen. Another bullish factor has been the trend in the Network Growth, another on-chain indicator displayed in the chart. This metric measures the daily number of addresses that are coming online on the Ethereum network for the first time. A wallet is considered “online” when it participates in transaction activity on the blockchain, so the Network Growth essentially tracks the addresses making their very first transfer. From the graph, it’s visible that this Ethereum metric has also surged recently, hitting a peak value of 190,000 addresses. Generally, a surge in network activity is usually a positive sign for any rally’s sustainability, as it implies that the network is able to attract fresh attention. Related Reading: Bitcoin Blasts To $92,000, Liquidating $182 Million In Shorts That said, too much attention too fast can actually end up having a negative effect on the cryptocurrency. It now remains to be seen whether the sharks will continue to buy in the near future and if investor FOMO will remain at healthy levels. ETH Price At the time of writing, Ethereum is floating around $3,185, up more than 5% over the last seven days. Featured image from Dall-E, Santiment.net, chart from TradingView.com

Ethereum is trading around key demand levels as fear and uncertainty grip the broader crypto market. The second-largest cryptocurrency by market capitalization has struggled to regain bullish momentum, currently hovering near $3,150 after weeks of consistent selling pressure. However, new on-chain data from CryptoQuant reveals that Ethereum might be nearing a crucial accumulation zone — one historically associated with long-term holder activity and market bottoms. Related Reading: Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In With 2,800 BTC Cluster According to the report, the ETH price is now just 8% away from touching the Accumulation Addresses Realized Price level at $2,895. This metric represents the average cost basis of long-term investors who have been steadily stacking ETH during previous market cycles. A move toward this level could signal the final stages of the ongoing correction, potentially attracting renewed interest from strategic buyers looking for value entries. Historically, similar declines toward the realized price of accumulation addresses have acted as strong support zones, leading to price stabilization and subsequent recoveries. While short-term sentiment remains fearful, the proximity to this key level suggests that Ethereum could soon reach a point where long-term investors begin accumulating once again — setting the stage for a potential market rebound. Long-Term Holders Stay Unshaken According to CryptoQuant analyst Burak Kesmeci, the $2,895 level represents the average cost basis of long-term Ethereum accumulators — investors who have been “patiently stacking” through multiple market cycles. This group tends to buy during periods of maximum fear, forming a stable foundation for future rallies. Historically, Ethereum has only dipped below this key level once, during the April 2025 Trump tax-tariff crisis, when global markets faced extreme uncertainty. The Global Economic Policy Uncertainty Index (GEPUCURRENT) surged to 629 points, surpassing even the COVID-19 pandemic peak by 50%. Despite the widespread panic, long-term holders continued to accumulate aggressively rather than sell. In fact, 2025 saw around 17 million ETH flow into accumulation addresses, raising the total balance held by these wallets from 10 million to over 27 million ETH. This trend highlights the conviction of Ethereum’s strongest investors, who have repeatedly viewed fear-driven sell-offs as opportunities. If Ethereum were to decline another 8%, it would reach this cost basis once again. Historically, this level has acted as one of the strongest long-term accumulation zones, signaling value and resilience. As Kesmeci notes, even if ETH briefly dips below $2,900, it’s unlikely to remain there for long. Related Reading: Ethereum Whale Expands Position By 36,437 ETH – Bringing Total To $1.34B Ethereum Holds Above Key Support as Market Tests Long-Term Confidence Ethereum’s weekly chart shows that the asset is holding above a key structural support zone near $3,000, after several weeks of downside pressure. The price briefly dipped below this level last week but recovered quickly, forming a potential short-term base around the 200-week moving average — a historically significant line that has supported major bottoms in past cycles. Currently trading around $3,190, ETH is attempting to maintain stability within this critical range. The 50-week moving average remains slightly above at $3,500, serving as immediate resistance. A break above that level would be an early signal of renewed bullish momentum, while losing $3,000 could trigger a deeper correction toward $2,800–$2,900, which aligns closely with the Accumulation Realized Price highlighted by CryptoQuant analysts. Related Reading: Bitcoin Leverage Cooldown Signals Market Reset: OI Drops 21% As Excess Risk Is Flushed Out The recent decline mirrors past phases of market reset, such as the April 2025 correction, where Ethereum similarly tested long-term supports before rebounding strongly. The confluence of technical and on-chain data suggests that current levels are being closely watched by long-term holders and institutional accumulators. Featured image from ChatGPT, chart from TradingView.com

Ethereum has entered a consolidation phase following a turbulent period of selling pressure driven by macroeconomic uncertainty and market fear surrounding the US government shutdown. Over the past week, Ethereum’s price has stabilized around the $3,500 level after briefly dipping below key supports, as traders and institutions reassess risk exposure across the crypto market. Related Reading: Bitcoin STH-MVRV Rebounds From Local Low – Potential Recovery Toward $115K–$120K Despite the cautious sentiment, on-chain data reveals a contrasting story — large holders, or “whales,” are quietly accumulating ETH during the downturn. According to data from Lookonchain and CryptoQuant, several high-value wallets have increased their Ethereum positions significantly, signaling growing confidence among long-term investors even as broader market momentum slows. This accumulation phase suggests that sophisticated players view current price levels as an opportunity rather than a sign of broader weakness. Historically, similar patterns of whale buying during macro uncertainty have preceded periods of recovery and renewed market strength. Whale Activity Suggests Strategic Accumulation Despite Market Uncertainty According to data from Lookonchain, a whale known for aggressive Ethereum accumulation has just purchased an additional 30,548 ETH ($105.36 million) within the past hour. This move brings his total acquisitions since November 4 to an astonishing 385,718 ETH, worth roughly $1.33 billion. Notably, around $270 million of the funds used for these purchases were borrowed from the decentralized lending platform Aave, highlighting a highly leveraged but strategic positioning. This type of activity often signals strong institutional confidence in Ethereum’s medium-term outlook. Borrowing large sums to accumulate ETH indicates that the whale expects price appreciation substantial enough to offset borrowing costs and volatility risks. It also reflects growing demand for Ethereum exposure within decentralized finance (DeFi), where whales utilize platforms like Aave to optimize capital efficiency. Such large-scale buying can have multiple implications: it absorbs available market liquidity, strengthens psychological support zones, and may trigger a sentiment shift among retail investors who interpret the move as bullish. However, it also introduces potential short-term risk — if prices correct further, leveraged positions could amplify volatility. Overall, the data points toward renewed accumulation momentum, suggesting that sophisticated market participants are positioning for Ethereum’s next major move. Related Reading: Uniswap Founder Submits Governance Proposal To Burn UNI — Token Jumps 50% Bulls Attempt to Reclaim Momentum Ethereum (ETH) is currently showing signs of stabilization after weeks of intense selling pressure, trading around $3,479 at the time of writing. The daily chart shows ETH holding just above the 200-day moving average (red line) — a key long-term support level that has historically acted as a launch point for bullish recoveries. After dipping below $3,200 earlier in the week, Ethereum bounced strongly, supported by renewed whale accumulation and improving market sentiment. However, the 50-day (blue) and 100-day (green) moving averages remain above the current price, indicating that the short-term trend is still tilted to the downside. For bulls to regain control, ETH needs to close decisively above $3,650–$3,700, where a confluence of resistance sits. Related Reading: Ethereum Trading Volume On Binance Surpasses $6 Trillion: A Speculative Frenzy Unfolds Volume data suggests that selling pressure is gradually fading, but momentum remains weak. If Ethereum fails to maintain the $3,400–$3,450 zone, the next major support lies near $3,200. On the upside, reclaiming the $3,700 mark could open the door to a recovery toward $4,000. Overall, Ethereum appears to be in a consolidation phase, with large holders accumulating while retail traders remain cautious — a structure that often precedes a stronger directional move. Featured image from ChatGPT, chart from TradingView.com

Ethereum is attempting to regain stability after the sharp selloff on Tuesday that sent its price plunging below $3,100. The drop triggered widespread liquidations across the crypto market, with ETH briefly touching multi-week lows before finding support. As of today, bulls are trying to reclaim the $3,350 level, a short-term resistance zone that could determine whether the asset stages a broader recovery or faces another leg down. Related Reading: ‘Bitcoin $100K Break Was Emotional’ – On-Chain Data Shows No Structural Damage Despite the volatility, on-chain data reveals a different story beneath the surface. Large investors — often referred to as whales — have continued to accumulate ETH, signaling long-term confidence in the network’s fundamentals. Their steady buying activity stands in stark contrast to the broader market’s fear-driven behavior, suggesting that major holders view the recent correction as a buying opportunity rather than a reversal. Historically, whale accumulation during deep pullbacks has often preceded strong rebounds, as institutional and long-term capital step in while retail sentiment weakens. The challenge now lies in whether Ethereum can maintain momentum above key technical levels, especially as overall market confidence remains fragile. If buying pressure continues to build, ETH could find the foundation for a sustained recovery heading into mid-November. Whales Accumulate ETH, Hinting at Impulsive Move Ahead According to Lookonchain, Ethereum whales have collectively accumulated 394,682 ETH, worth approximately $1.37 billion, over the past three days. This wave of large-scale buying comes as prices consolidate below $3,400, signaling that deep-pocketed investors are positioning ahead of a potential market rebound. Such aggressive accumulation often indicates smart money confidence in future upside potential. Historically, when whales buy during periods of widespread fear and weak price action, it suggests they are anticipating an impulsive phase — a sharp move driven by renewed liquidity and market sentiment recovery. The scale and speed of this accumulation reinforce the idea that these entities expect Ethereum to outperform once selling pressure fades. This trend also aligns with broader market behavior seen after major liquidations, where institutional players tend to absorb supply from shaken-out traders. If ETH holds above its key support around $3,100, the combination of whale accumulation, improving on-chain inflows, and reduced leverage could act as the catalyst for a breakout toward the $3,600–$3,800 range. Related Reading: Anti-CZ Whale Flips Bullish: Now Long $109M In Ethereum While Holding Massive Meme Shorts ETH Finds Support at 200-Day MA Ethereum’s daily chart shows that the asset has found temporary relief after Tuesday’s sharp selloff, which dragged prices below $3,100 for the first time in weeks. The decline brought ETH down to test its 200-day moving average (red line) — a key long-term dynamic support that historically acts as a springboard during corrective phases. Currently, Ethereum is trading around $3,380, showing signs of a modest rebound. However, bulls face immediate resistance near the $3,500–$3,600 range, where the 50-day (blue) and 100-day (green) moving averages converge. This area has repeatedly rejected upward moves since late October and will likely define short-term direction. Related Reading: Balancer Hacker Now Converting Loot to Ethereum: Stolen Funds Surge To $116.6M A decisive break above these averages could shift momentum back in favor of the bulls, opening the door for a recovery toward $3,800. On the downside, a failure to hold above the 200-day MA may trigger further weakness toward $3,000 or even $2,850, where previous demand zones exist. Featured image from ChatGPT, chart from TradingView.com

Ethereum (ETH) is struggling to break above the $4,000 mark and regain a clear bullish structure, with price action tightening after several failed attempts to reclaim momentum. The market remains cautious following recent volatility, and traders are watching closely to determine whether ETH will resume its uptrend or continue drifting lower. Analysts are currently split: some argue Ethereum’s fundamentals remain strong, fueled by network activity, scaling advancements, and institutional traction, while others point to increasing downside pressure and weakening market structure that could lead to a deeper pullback. Related Reading: Ethereum ICO Whale Awakens After 8 Years – 1,500 ETH Sent to Kraken After 8 Years Despite the uncertainty in price, fresh on-chain data signals growing confidence among long-term participants. According to Santiment, more than 200,000 ETH — worth approximately $780 million — have been withdrawn from exchanges over the past 48 hours, marking one of the largest short-term outflow spikes this quarter. Such activity typically suggests accumulation, as investors move assets into self-custody rather than keeping them on exchanges to sell. This divergence between price hesitation and heavy accumulation reinforces the current market debate. With liquidity dynamics shifting, Ethereum sits at a pivotal moment, and its ability to reclaim $4,000 will likely determine whether bullish momentum re-emerges heading into November. Large ETH Withdrawals Signal Investor Conviction As Market Shifts Toward Risk-On Environment The recent wave of large Ethereum withdrawals from exchanges further reinforces a growing theme in the market: investor conviction is strengthening. With more than 200,000 ETH moved into self-custody within 48 hours, many participants appear confident in Ethereum’s medium-term outlook, suggesting accumulation rather than distribution. Historically, substantial exchange outflows have coincided with accumulation phases ahead of major market advances, especially when paired with favorable macro shifts. For many analysts, Ethereum now sits at the center of a potential bullish impulse across altcoins. Despite its recent struggle to convincingly reclaim the $4,000 level, sentiment in the broader market remains constructive. ETH continues to benefit from fundamental tailwinds, including increasing network utility, expanding Layer-2 activity, and rising staking participation. If market conditions turn decisively risk-on, Ethereum’s role as the primary settlement and liquidity hub for the altcoin ecosystem positions it to lead capital flows. Macro conditions are also aligning in ETH’s favor. With the Federal Reserve cutting interest rates by 25 basis points and signaling the end of quantitative tightening, global liquidity is expected to gradually improve. Historically, shifts toward monetary easing have accelerated inflows into risk assets — crypto included. As traditional markets anticipate a clearer pivot, investors may increasingly seek exposure to high-beta assets with strong structural narratives, and Ethereum fits that profile. Related Reading: Tron Shows Bullish Divergence As Active Addresses Surge To 6.2M – Network Demand Explodes Ethereum Holds $3,900 as Price Compresses Below Key Moving Averages Ethereum (ETH) is trading near $3,905, holding a key support region but struggling to reclaim upside momentum as price remains capped beneath major moving averages. After failing to sustain moves above the $4,200 resistance area earlier this month, ETH has drifted lower into a tightening range, reflecting indecision and reduced volatility following recent macro-driven swings. The chart shows ETH trading below both the 50-day (blue) and 100-day (green) moving averages, which currently sit just above price and are acting as dynamic resistance. For bulls, reclaiming these levels — particularly a daily close above $4,050–$4,150 — would be a constructive sign that momentum is shifting back in favor of buyers. Such a reclaim could open a path toward retesting $4,300–$4,500, where recent supply pressure has consistently emerged. Related Reading: Binance Whales Turn Active On Uniswap As Outflows Hit Multi-Month Highs – Details On the downside, the $3,800 level remains the primary support to watch. A sustained break below this zone could expose ETH to lower levels near $3,500, especially if broader market sentiment weakens. However, the 200-day moving average (red) remains well below the price near $3,200, signaling that the long-term bullish structure is still intact. Featured image from ChatGPT, chart from TradingView.com

Ethereum is trading at critical price levels after a sharp 10% decline from the $4,750 mark, reflecting growing uncertainty across the broader crypto market. The recent correction has pushed ETH toward the $4,300 support zone, a level that bulls are now fiercely defending to prevent a deeper retracement. Despite the pullback, on-chain data suggests that large holders remain confident, signaling that this dip may be part of a healthy market reset rather than the start of a downtrend. Related Reading: Solana Network Activity Drops 50%: Is The Rally Built On Weak Fundamentals? According to recent data, Bitmine continues its aggressive accumulation of ETH, adding to its holdings even as prices fluctuate. This steady inflow from institutional players highlights strong conviction in Ethereum’s long-term fundamentals, particularly as the network maintains dominance in DeFi and smart contract activity. Still, sentiment among retail traders remains mixed. Some fear that sustained weakness below $4,300 could trigger another wave of selling pressure, while others see this as a potential accumulation opportunity before the next major move. As Ethereum stabilizes at these levels, the coming days will be crucial to determine whether the market resumes its bullish momentum or enters a prolonged consolidation phase amid heightened volatility. Ethereum Accumulation Continues As Bitmine Strengthens Its Position According to data shared by Lookonchain, institutional accumulation around Ethereum remains strong despite recent market volatility. Just a few hours ago, Bitmine received another 23,823 ETH (worth $103.68 million) from BitGo, marking yet another significant inflow of capital. This move comes only two days after Bitmine acquired 20,020 ETH ($89.7 million) via FalconX, underscoring their consistent strategy of building exposure during price dips rather than chasing rallies. Such accumulation patterns are often seen as a sign of confidence in Ethereum’s long-term fundamentals, particularly from institutional investors who view ETH as a core asset within the broader digital economy. While short-term sentiment remains cautious after the recent correction, these inflows suggest that smart money continues to see value around current prices. The coming days will be critical for Ethereum’s technical structure. Bulls must defend the $4,300 support zone to maintain momentum and set up a potential recovery toward the $4,600–$4,750 resistance area. A strong defense here could pave the way for a new all-time high, confirming renewed investor confidence and establishing $4,300 as a key accumulation level. Related Reading: Grayscale Stakes 857,600 Ethereum Worth $3.83B As Institutional Confidence Grows Bulls Defend $4,300 Support Ethereum (ETH) is currently trading near $4,325, showing signs of consolidation after a 10% decline from its recent high of $4,750. The 12-hour chart reveals that ETH has fallen below the 50-day moving average (blue line), signaling short-term weakness, while the 100-day (green) and 200-day (red) moving averages are still trending upward — a sign that the broader uptrend remains intact. The $4,300 level now acts as a key support zone, with bulls attempting to establish a base and prevent further downside pressure. If this level holds, the next target would be a retest of $4,500–$4,600, where sellers are likely to reappear. However, a break below $4,250 could expose Ethereum to a deeper pullback toward the $4,000 psychological level, an area that previously served as a strong accumulation zone in late September. Related Reading: Short-Term Holder Supply Rises By 559K Bitcoin – New Buyers Flood the Market Momentum indicators suggest that selling pressure is easing, aligning with the recent on-chain data showing continued accumulation from large entities such as Bitmine. This reinforces the idea that institutional confidence remains strong, even amid volatility. For now, holding above $4,300 is critical — a successful defense could mark the foundation for Ethereum’s next push toward new highs. Featured image from ChatGPT, chart from TradingView.com

Ethereum is struggling to defend the $4,000 level after losing more than 11% of its value since Monday. The sharp decline highlights how quickly sentiment has shifted, with bulls losing control of momentum and sellers stepping in to capitalize. This pullback comes after weeks of upward pressure that had pushed ETH toward multi-month highs, but the latest selloff suggests the market has entered a corrective phase. Related Reading: ASTER Pushes To New All-Time High As Bullish Structure Supports Continuation – Details Despite this, not all analysts are pessimistic. Some see the move as a healthy consolidation rather than the beginning of a deeper downturn, arguing that Ethereum is simply digesting its prior gains before attempting another push higher. The key question is whether ETH can hold above the $4,000 mark, a level that now represents a psychological and technical battleground for traders. Adding intrigue to the situation, Lookonchain reports that major institutions and liquidity providers, including Kraken, Galaxy Digital OTC, BitGo, and FalconX, have been sending massive amounts of ETH into a limited set of wallets. This unusual flow pattern has sparked speculation, with some suggesting these addresses may be linked to accumulation strategies or ETF-related demand. Ethereum Accumulation By Big Players According to Lookonchain, 11 wallets collectively received 295,861 ETH—valued at approximately $1.19 billion—from major institutions and service providers, including Kraken, Galaxy Digital OTC, BitGo, and FalconX. This large-scale transfer comes at a time when Ethereum is under intense pressure, trading just above the $4,000 mark after a sharp correction earlier in the week. While the broader market is struggling with volatility and fading momentum, these flows suggest that big players are positioning for the coming months. The scale and concentration of these transfers indicate strategic accumulation rather than short-term speculation. Such wallets are often linked to entities that manage liquidity for institutional products, or in some cases, to accumulation addresses associated with long-term holders. This behavior adds another layer to Ethereum’s current narrative. Despite price weakness, deep-pocketed buyers appear willing to absorb supply, signaling confidence in Ethereum’s medium- to long-term prospects. Analysts argue that this type of activity often precedes a stabilization period, followed by a potential recovery once selling pressure eases. For now, the spotlight is on whether Ethereum can defend the $4,000 support. If bulls manage to hold the line, this accumulation trend could provide the foundation for the next leg higher once market sentiment improves. Related Reading: Bitcoin LTH Selling Pressure Builds: 6–12M Coins Keep Flowing Onto The Market Testing Critical Demand Level Ethereum’s price action has entered a fragile stage as the chart shows ETH struggling to maintain the $4,000 level after a sharp decline. The 4-hour candles highlight a significant breakdown from the $4,200 zone, with the price currently hovering just above $4,030. This decline reflects the heavy selling pressure weighing on the market, consistent with ETH’s recent 11% drop since Monday. The moving averages illustrate the bearish shift clearly. ETH is trading below both the 50 EMA and the 200 EMA, signaling short-term momentum loss and potential for extended downside if bulls fail to reclaim these levels quickly. The steep rejection from $4,600 earlier in September now appears to be a local top, with successive lower highs confirming weakening momentum. Related Reading: Bitcoin Net Liquidations Stay Negative Near $40M: Analyst Warns Downside Still In Play On the downside, $4,000 serves as a psychological support, but a decisive break below this level could expose ETH to deeper retracements toward $3,800. On the flip side, a rebound above the EMAs would be a critical bullish signal, suggesting renewed demand. Featured image from Dall-E, chart from TradingView

Ethereum is under pressure after sliding below the $4,200 level, with price now testing the $4,000 support zone. The market is watching closely, as a breakdown here could expose ETH to deeper corrections, while a strong defense may open the door for a rebound. Despite the selling pressure, on-chain signals reveal a strikingly different picture beneath the surface. Related Reading: Bitcoin LTH Selling Pressure Builds: 6–12M Coins Keep Flowing Onto The Market Top analyst Darkfost shared data showing that ETH inflows into accumulator addresses are exploding, signaling long-term conviction even as short-term sentiment wavers. Just yesterday, nearly 400,000 ETH were added to these specialized wallets. More notably, on September 18th, Ethereum saw a historic first when 1.2 million ETH were accumulated in a single day — a record for the network. Accumulator addresses are unique in that they only buy ETH and never sell, making them a reliable proxy for long-term holder behavior. Such massive inflows highlight that large players are strategically building positions, likely tied to institutional adoption and the growing demand for ETH ETFs. Long-Term Conviction Amid Pressure According to Darkfost, Ethereum’s inflows into accumulator addresses mark one of the most important trends developing beneath the surface of current market volatility. He explains that accumulator addresses are wallets that have made at least two ETH transactions without ever selling a single coin. This behavior makes them reliable indicators of long-term holder conviction, since accumulation, not short-term speculation, drives them. Darkfost adds that some of these addresses could be linked to institutional entities offering ETH ETFs, which have seen surging demand recently. The scale of these inflows — with nearly 400K ETH added yesterday and a record 1.2M ETH accumulated on September 18th — points to serious players positioning for the long haul. Still, this comes at a time when Ethereum is facing a critical technical test, hovering around the $4,000 support after losing more than 14% since mid-September. While accumulation shows strong confidence in ETH’s long-term trajectory, the short-term risks remain elevated. Selling pressure, broader market corrections, and macro uncertainty could test investor patience. Ultimately, Darkfost emphasizes that the coming weeks will be decisive: either ETH bulls hold the line and confirm this accumulation as the foundation for a rebound, or pressure deepens into a more prolonged correction. Related Reading: ASTER Pushes To New All-Time High As Bullish Structure Supports Continuation – Details Ethereum Price Analysis: Testing $4,000 Support Ethereum’s chart reveals a decisive breakdown after losing the $4,200 level, with price now testing the $4,000 support zone. This marks a sharp 3.2% decline in the last session, continuing the corrective structure that has been developing since early September. The price breached the 12H 50 moving average (blue) and the 100 moving average (green), showing weakening bullish momentum. Price is now hovering just above the 12H 200 moving average (red), which sits near $3,800. This zone represents a crucial line of defense for bulls, as a confirmed breakdown could accelerate selling pressure and open the path toward deeper retracements. Momentum also reflects increasing market fear, as sellers remain in control and meet each bounce attempt with lower highs. Still, holding above $4,000 keeps Ethereum within a potential consolidation range, offering bulls a chance to stabilize before the next move. Related Reading: Bitcoin Net Liquidations Stay Negative Near $40M: Analyst Warns Downside Still In Play If buyers defend this area successfully, ETH could rebound to retest the $4,200–$4,400 resistance range. However, a daily close below $3,950 would likely confirm further downside pressure, exposing $3,800 and possibly $3,600 as the next targets. Featured image from Dall-E, chart from TradingView

Ethereum is navigating a turbulent phase, with price action holding around key levels while volatility and uncertainty dominate the broader market. Despite the lack of clear direction, institutional appetite for ETH continues to grow, underscoring confidence in its long-term value. One of the most notable dynamics shaping Ethereum’s outlook is the shrinking supply on exchanges, as more coins move into cold storage and long-term holdings. This trend signals reduced sell pressure and reinforces the narrative of accumulation beneath the surface. Related Reading: Bitcoin Holds 4% Above STH Cost Basis As Mature Bull Cycle Demands Discounts Fresh data from Arkham adds weight to this view. According to their latest report, three newly identified whale wallets collectively purchased over $200 million worth of ETH yesterday. Such large-scale inflows highlight that major investors remain active even in choppy conditions, positioning themselves ahead of what many see as the next decisive move for the market. While short-term traders grapple with swings, the underlying flows point to a growing disconnect between surface volatility and deeper structural demand. Institutions and whales continue to treat Ethereum as a core asset, betting that its utility and adoption will outlast momentary market uncertainty. As consolidation plays out, these strategic buys could prove pivotal in shaping Ethereum’s next breakout. Ethereum Accumulation Signals Institutional Strength Ethereum continues to attract significant institutional attention, even as short-term price action reflects broader market uncertainty. According to Arkham, three newly created whale addresses collectively purchased $205.48 million worth of ETH from FalconX, a move that underscores the growing role of large players in shaping Ethereum’s trajectory. Such substantial acquisitions highlight that institutional money is steadily flowing into ETH, viewing it as a core asset in the evolving digital economy. Recent price action, marked by volatility and sideways consolidation, is less about Ethereum’s fundamentals and more about the uncertainty clouding the macroeconomic environment. While traders focus on the noise of short-term swings, whales and institutions are making long-term bets on adoption and shrinking supply. Exchange balances for ETH continue to trend downward, reinforcing the idea that large investors are moving assets into cold storage with little intent to sell in the near future. Looking ahead, the market’s attention turns to next week’s US Federal Reserve meeting, where a widely expected rate cut could act as a major catalyst for risk assets. Analysts believe the decision will mark the beginning of a new phase for the market, potentially unlocking further liquidity inflows. If confirmed, Ethereum’s combination of strong fundamentals and accelerating institutional accumulation could set the stage for a renewed leg higher, solidifying its leadership in the altcoin sector. Related Reading: Dormant Bitcoin Waking Up: Over 600K BTC Moved Onchain In Weeks Price Action Details: Consolidation Ahead? Ethereum is trading at $4,515, marking a strong rebound and continuation of its broader bullish structure. The weekly chart highlights how ETH surged from lows near $1,600 earlier this year to test the $4,800 level, underscoring the intensity of the rally. This move also shows Ethereum outperforming most altcoins as institutional demand and shrinking exchange supply continue to support momentum. The 50-week SMA at $2,935 and the 100-week SMA at $2,876 are both turning upward, while the 200-week SMA at $2,444 remains a strong long-term support base. With price comfortably above all major moving averages, Ethereum is technically positioned in a solid uptrend. The breakout from the $3,200 resistance zone in July paved the way for the sharp leg higher, confirming strong accumulation beneath. Related Reading: Bitcoin Futures Pressure Score Hits 18%: Shorts Are Losing Momentum For bulls, the next key challenge is reclaiming and holding above $4,800. A decisive breakout beyond this resistance could set the stage for ETH to target $5,200–$5,500 in the coming weeks. On the downside, immediate support lies around $4,300, with deeper backing near $3,800 if volatility picks up. Featured image from Dall-E, chart from TradingView

Ethereum has entered a consolidation phase after losing the $4,500 level, now trading within a tight range above $4,250. The recent pullback has increased uncertainty across the market, with investors weighing whether ETH will break lower or gather enough momentum to attempt another rally. Despite this volatility, Ethereum continues to demonstrate strong underlying fundamentals, supported by consistent whale and institutional accumulation. Related Reading: Bitmine Adds Another $65.3M In Ethereum – Details According to top analyst Darkfost, whale activity on Ethereum remains elevated, with significant outflows recorded from Binance in recent sessions. These withdrawals highlight an important trend: whales are not selling but rather moving their ETH into decentralized finance ecosystems. In fact, several notable transactions were detected this morning, with large holders transferring ETH from Binance to Aave, deploying it for yield opportunities. This ongoing accumulation and redeployment reflect a growing conviction among whales that Ethereum remains one of the most attractive assets in the market. By leveraging ETH in DeFi rather than offloading it, large players are signaling long-term confidence in Ethereum’s value. As the bullish trend quietly unfolds behind the scenes, the market’s consolidation may ultimately serve as a foundation for Ethereum’s next major move. Whale Outflows Underscore Ethereum Strength Ethereum whales have once again demonstrated their conviction with a series of large outflows from Binance. Within just a few minutes, three massive transactions were recorded: the first totaling roughly 23,000 ETH, the second a much larger 64,000 ETH, and the final outflow an extraordinary 83,000 ETH. Altogether, these movements represent nearly $750 million worth of Ethereum withdrawn from the exchange in a single burst of activity. These outflows have had a measurable impact on Binance’s reserves. With this wave of withdrawals, the amount of ETH held on the exchange has fallen to 4.2 million ETH, highlighting a continued decline in centralized exchange balances. Historically, declining reserves have been viewed as a sign of strong demand, as coins are moved off exchanges and into long-term storage or deployed into decentralized finance platforms like Aave for yield. The conviction displayed by whales in this instance sends a powerful signal to the market. Rather than reacting to short-term volatility, these large holders are positioning themselves for the long term, underscoring Ethereum’s resilience even during consolidation phases. This activity also explains why ETH has been outperforming Bitcoin recently—whale demand continues to funnel into Ethereum while Bitcoin faces more muted accumulation trends. The strength of these outflows reflects the growing institutional and whale appetite for Ethereum. With reserves shrinking and demand proving consistent, the market may be setting the stage for Ethereum’s next breakout once broader conditions align. Related Reading: Bitcoin Market Base Turns Neutral-Bearish As Flows Stay Weak Testing Key Supports Amid Sideways Action Ethereum (ETH) is currently trading around $4,381, consolidating after a volatile period that has kept price action capped below the $4,500 resistance zone. The chart shows ETH respecting the $4,300 area, with the 200-period SMA (red line) acting as a key structural support. As long as this level holds, Ethereum avoids a deeper correction. Shorter moving averages provide insight into momentum. The 50 SMA (blue line) is converging with the 100 SMA (green line), reflecting sideways market conditions and a lack of clear direction. ETH has repeatedly tested the $4,450–$4,500 resistance zone over the past two weeks but has failed to close decisively above it, highlighting seller pressure. Related Reading: BNB Chain Surpasses 650M Unique Addresses – Binance Adoption Continues For bulls, reclaiming $4,500 would be a critical step to reestablish momentum toward $4,700 and $5,000. On the downside, losing $4,300 could expose ETH to a retest of $4,200, with further weakness potentially dragging the price closer to $4,000. Featured image from Dall-E, chart from TradingView

Ethereum has been testing key demand levels after slipping below the $4,600 mark, a breakdown that has intensified selling pressure across the market. Bulls, who recently drove ETH to new highs, are now losing control as momentum fades, and fear is beginning to creep back into sentiment. Traders are closely watching whether Ethereum can hold support zones or if a deeper retrace is on the horizon. Related Reading: Bitcoin Supply In Profit Hits Historical Threshold – Echoing Past Patterns Yet, beneath this volatility, on-chain data tells a different story. Top analyst Darkfost shared fresh insights showing that Binance’s Ethereum reserves have dropped by more than 10% in less than a week. The exchange balance fell from nearly 5 million ETH to just under 4.5 million, a sharp decline that points to strong demand. Typically, when reserves on major exchanges fall, it means investors are moving their ETH into private wallets or DeFi protocols — often a bullish sign of accumulation. While speculation and short-term fear may be fueling the current drop in reserves, the fundamentals behind Ethereum remain solid. Strong demand, coupled with consistent outflows from exchanges, signals that large players are positioning for the long term. For many, this divergence between price action and fundamentals could shape Ethereum’s next decisive move. Ethereum Reserves On Binance Decline In less than a week, Ethereum reserves on Binance have recorded a steep decline, dropping by more than 10%. According to data shared by analyst Darkfost, the amount of ETH available on the exchange fell from 4,975,000 on August 23 to just 4,478,000 today. This reduction of nearly half a million ETH underscores a powerful shift in market dynamics, signaling that investors are actively withdrawing their holdings from the platform. When exchange reserves fall at this pace, the implication is clear: users are choosing to move their assets into self-custody or deploy them in decentralized finance protocols to earn yield. Both behaviors are widely regarded as bullish signals, as they reduce the immediate supply of ETH available for trading and selling on centralized exchanges. This trend often points to stronger conviction among holders and a preference for long-term accumulation rather than short-term speculation. While it is possible that internal transfers within Binance may have contributed to the overall decline, the consistent pace of outflows over several days suggests genuine market demand is at play. The drop in reserves comes at a time of heightened volatility for Ethereum, reinforcing the narrative that large investors continue to accumulate, even as price action remains choppy. Ultimately, the decline in Binance’s ETH reserves highlights an underlying strength in Ethereum’s fundamentals. Despite fears of selling pressure, the data suggests demand is firm, with investors positioning for what many expect to be the next phase of Ethereum’s rally. Related Reading: Bitcoin Normalized Address Activity Drops To 30%: Selling Pressure Eases Bulls Lose Support As Sellers Pressure Market Structure Ethereum is trading near $4,338 after slipping below the $4,400 level, signaling growing selling pressure in the short term. The 4-hour chart highlights a shift in momentum, with ETH now trading under the 50-day ($4,554) and 100-day ($4,499) moving averages. This breakdown suggests that bears have gained the upper hand after weeks of volatility. For now, ETH is holding above the 200-day moving average at $4,167, which acts as the last major line of defense for the broader uptrend. If bulls can stabilize the price here, Ethereum could attempt a rebound back toward the $4,500–$4,600 range, but momentum remains weak. The inability to sustain strength above $4,600 has left ETH vulnerable to further downside. Related Reading: Bitcoin Taker Buy/Sell Ratio Plunges To Lowest Since 2018: Strong Sell Signal Flashes If selling pressure continues, a deeper retrace toward $4,200 cannot be ruled out. This level coincides with prior demand zones and aligns with the 200-day moving average, making it a critical support area. Conversely, reclaiming $4,500 would be the first signal that buyers are regaining control. Featured image from Dall-E, chart from TradingView

Ethereum is stabilizing above the $4,200 level after days of sharp volatility and heavy selling pressure. The recent downturn saw ETH retreat from local highs near $4,800, leaving bulls with the urgent task of defending critical demand zones. Now, early signs suggest that momentum may be shifting back in favor of buyers, with selling pressure beginning to fade across the market. Related Reading: Ethereum Treasury Boom Drives Demand: Can The Market Handle The Risks? This stabilization comes as altcoins prepare for what could be a decisive period in the coming months. Market sentiment is cautiously turning optimistic, supported by improving technical signals and renewed accumulation patterns. Analysts point out that if Ethereum can hold current support levels, the groundwork could be laid for another push toward retesting the $4,800 zone and, eventually, new all-time highs. Adding to the bullish narrative, Arkham Intelligence revealed that a whale or institutional player just longed about $300 million worth of ETH on-chain. This massive leveraged bet underscores confidence in Ethereum’s medium-term outlook, even amid recent volatility. Such moves from large-scale investors often signal strong conviction and can act as a catalyst for renewed market strength. Ethereum Whale Bet Sparks Speculation According to Arkham Intelligence, a whale identified as address 0x2eA has just made one of the boldest bets in Ethereum’s recent history. The address longed a total of $282 million worth of ETH across three separate accounts on Hyperliquid, with liquidation prices set tightly at $3,699, $3,700, and $3,732. This aggressive positioning suggests strong conviction that Ethereum’s recent correction may have already bottomed. Arkham itself posed the question: Did he just catch the bottom? The coming days are expected to be highly volatile, as futures markets heat up and traders prepare for sharp moves. With ETH consolidating around the $4,200 support level, the whale’s position could either trigger massive profits if the market rallies or result in a swift wipeout should bearish pressure intensify. Such concentrated bets often act as catalysts, fueling speculation and liquidity in derivatives markets. At the same time, institutional adoption continues to reinforce Ethereum’s long-term outlook. Companies like Sharplink Gaming and Bitmine have already taken steps toward treasury strategies that include ETH allocations, joining the growing list of firms treating Ethereum as a strategic reserve asset. This accumulation trend, combined with aggressive whale bets, underscores the broader demand dynamics supporting ETH. If bullish momentum builds, Ethereum could soon attempt a retest of its all-time high near $4,800, potentially pushing into uncharted price discovery. For now, the whale’s move stands as a bold signal of confidence, setting the stage for Ethereum’s next major market phase. Related Reading: Ethereum Demand Holds Despite Pullback: New Whales Enter With $192M Buys Weekly Price Chart Analysis: Healthy Consolidation Ethereum’s weekly chart shows a sharp surge followed by a pullback as price action tests support levels near $4,200. After reaching highs close to $4,800, ETH faced heavy selling pressure, but the broader trend remains bullish. The chart highlights strong momentum since June, with Ethereum breaking through key resistance zones and reclaiming levels not seen since early 2022. Currently, ETH is consolidating above the 50-week and 100-week moving averages, which are sloping upward, reinforcing the broader bullish structure. The 200-week moving average sits far below, at $2,443, showing how extended the move has been. Ethereum continues to hold above the breakout zone, suggesting that bulls remain in control. Related Reading: Ethereum Faces Historic Short Interest: Rally Could Trigger Massive Liquidations This pullback may serve as a cooling-off period after weeks of aggressive buying. If Ethereum manages to stabilize above $4,200, it could attempt another move toward the $4,800–$5,000 resistance zone. A break above that region would open the door to new all-time highs and potential price discovery. On the downside, losing $4,000 would raise the risk of a deeper correction toward $3,600. Featured image from Dall-E, chart from TradingView

Ethereum is undergoing a notable correction after an explosive rally that saw its price surge over 85% since late June. After reaching a local high near $3,940, ETH has pulled back approximately 13%, sparking debate among analysts about whether this is a healthy consolidation or a shift in market momentum. While some view the retracement as a natural pause after a rapid uptrend, others caution that selling pressure and macroeconomic uncertainty could trigger deeper downside moves. Related Reading: Exchanges Receive 21,400 Bitcoin At A Loss From Short-Term Holders – Retail Capitulation? However, on-chain data from CryptoQuant paints a different picture beneath the surface. Despite the recent price drop, a massive amount of Ethereum has been consistently withdrawn from exchanges over the past few weeks. This trend suggests aggressive accumulation by investors moving their holdings into cold storage, reducing the liquid supply on trading platforms. Such outflows are often interpreted as a bullish signal, indicating that holders are positioning for long-term gains rather than preparing to sell. As Ethereum continues to lead in areas like DeFi, stablecoins, and Real-World Asset (RWA) tokenization, this structural demand could provide a strong foundation for price stability and future rallies. Ethereum Bullish Accumulation Trend Continues Analyst Ali Martinez has revealed that over 1 million Ethereum (ETH) have been withdrawn from exchanges in the past two weeks, signaling a strong accumulation trend among investors. This massive outflow reduces the liquid supply of ETH available for trading, which historically correlates with long-term bullish price action. Despite Ethereum facing a 13% correction from its recent high of $3,940, the consistent withdrawal of coins suggests that investors are positioning for the next leg up. This accumulation trend mirrors the investor behavior seen in Bitcoin over the past year. BTC experienced a similar pattern of exchange outflows throughout 2024, which laid the groundwork for its massive bull cycle. Analysts now believe that Ethereum could follow a comparable trajectory, as the fundamentals supporting ETH remain robust, including its dominance in DeFi, stablecoins, and Real-World Asset (RWA) tokenization. While the market sentiment remains broadly bullish, some risks persist. Recent US job data released on Friday sparked short-term panic, injecting volatility across crypto and traditional markets. However, many analysts view Ethereum’s current correction as a healthy retracement and an opportunity to accumulate ETH at a discount before the market resumes its upward trend. Related Reading: Ethereum New Addresses Surge To Nearly 257K In A Day, Matching 2017 And 2021 Bull Markets ETH Testing Key Support After Sharp Correction Ethereum (ETH) is currently trading around $3,391 after a sharp correction from its recent high of $3,940. The 12-hour chart reveals that ETH has broken below its short-term support and is now testing the 50-day SMA at $3,462, which could act as a near-term support level. If bulls fail to defend this zone, the next critical support is located around $2,852, a key level that previously acted as strong resistance in late June. Volume spikes during the breakdown suggest increased selling pressure, which aligns with recent profit-taking activities by short-term holders. However, despite this drop, Ethereum’s price structure remains in an overall uptrend, with higher highs and higher lows intact on the broader timeframe. Related Reading: Bitcoin Advanced Sentiment Index Reaches Bearish Levels: Futures Traders Show Caution The correction appears to be a retest of previous breakout levels, as ETH had surged over 85% since late June. Maintaining the $3,350-$3,450 range is crucial for bulls to regain control and attempt another move toward the $3,860 resistance zone. Failure to hold could trigger a deeper correction towards the 100-day SMA at $2,972. Featured image from Dall-E, chart from TradingView

Ethereum is showing renewed strength after a sharp but short-lived pullback. Following its recent high of $3,860, ETH dipped to the $3,500 zone — a key level that quickly attracted buying interest. Now, price action is pointing upward again, with Ethereum pushing to reclaim the $3,700 range, signaling bullish momentum may be back in control. Related Reading: Bitcoin LTHs Start Distributing: CDD Ratio Hits Historic Levels Despite the recent volatility, on-chain data support the case for continued upside. According to Santiment, whales have been aggressively accumulating ETH throughout the pullback. This surge in accumulation suggests that institutional players are positioning themselves ahead of the next leg of the rally, anticipating strength in the coming months. These strategic inflows have historically preceded sustained upward trends. The resilience around the $3,500 level, combined with the swift recovery attempt, underscores Ethereum’s strong bullish structure. With a favorable macro environment, regulatory clarity, and mounting institutional interest, Ethereum appears poised for continued expansion as the second half of the year unfolds. All eyes are now on whether this bounce holds and leads to a renewed breakout above resistance. Whales Add Ethereum as US Legal Clarity Boosts Bullish Outlook Ethereum’s bullish momentum is being reinforced by aggressive accumulation from major investors. According to analyst Ali Martinez, whales have purchased more than 1.13 million ETH—worth approximately $4.18 billion—over the past two weeks. This surge in buying activity marks one of the most significant accumulation phases in recent months and signals rising confidence among institutional players. The accumulation comes at a critical time for Ethereum, which has been consolidating near the $3,700 level after a brief pullback from its $3,860 high. This whale activity not only adds fuel to the ongoing price recovery but also strengthens Ethereum’s bullish structure heading into the second half of the year. Beyond market behavior, macro and regulatory shifts are also favoring Ethereum and the broader altcoin market. The recent passage of the GENIUS Act and Clarity Act by the US Congress marks a pivotal moment for crypto legislation. These new laws offer long-sought legal clarity for decentralized finance (DeFi) platforms and digital assets, encouraging US-based innovation and capital flows into the space. This evolving regulatory framework removes one of the biggest barriers for institutional adoption of Ethereum and DeFi. With clearer rules and a growing appetite for ETH among whales, the stage is set for a potentially explosive rally if current momentum holds. Related Reading: Bitcoin STH Realized Price Chart Reveals Key Defense Zones Amid Volatility ETH Holds Strong After Pullback Ethereum (ETH) is showing renewed strength after a brief correction from its local top at $3,860. As seen in the 4-hour chart, ETH dipped to $3,500 but quickly bounced, reclaiming the $3,700 zone and closing in on key resistance at $3,776 and $3,860. This rebound indicates strong buyer interest and resilience in the uptrend. The price is now trading above all major moving averages (50, 100, and 200), which are stacked bullishly. The 50-SMA at $3,648 has provided dynamic support in recent sessions, while the 100-SMA and 200-SMA at $3,304 and $2,883, respectively, remain far below current price action—underscoring the strength of this upward move. Related Reading: Bitcoin Holders Still Reluctant To Sell – Supply Active Data Shows Room For Upside Volume is picking up slightly as ETH consolidates in a tight range near resistance. A breakout above $3,860 would likely open the door to a move toward new local highs, while failure to breach this level may result in another test of the $3,648 support area. Featured image from Dall-E, chart from TradingView

Ethereum is currently consolidating between $3,600 and $3,850 after an explosive rally that saw the second-largest cryptocurrency surge more than 80% since late June. Despite the brief pause in upward momentum, ETH remains in a strong technical position, holding above key support and showing signs of sustained bullish control. This period of sideways action could be a healthy reset, allowing the market to absorb recent gains before initiating the next leg up. Related Reading: Tron Outpaces Ethereum In Fee Revenue – TRX Burn Accelerates What’s fueling the optimism is not just price action, but a supportive macro and regulatory environment. Ethereum fundamentals continue to strengthen, with rising on-chain activity, institutional interest, and long-term holders accumulating. Adding to the bullish case is the growing legal clarity in the US, which is creating a more stable environment for crypto innovation and investment. As regulatory fog lifts, many investors now believe that Ethereum could lead the charge into what some analysts are calling the beginning of an altseason. Ethereum Transactions Surge As Adoption And Momentum Accelerate Ethereum is showing strong signs of renewed momentum as key network activity hits levels not seen in years. According to data from The Block, Ethereum daily transactions just reached a multi-year high of 1,510,000—the highest since 2021. This surge points to rising adoption across the network, with increased activity from both retail and institutional participants. Analysts suggest that this spike in transaction volume is more than a temporary trend; it may signal the beginning of a much larger phase in Ethereum’s growth cycle. The renewed activity aligns with broader market movements and increasing confidence in Ethereum’s long-term value. Institutional players are beginning to accumulate ETH, while smart money continues to position for upside. These inflows come at a time when Ethereum is consolidating just below major resistance levels, offering what many see as a key entry zone ahead of further price appreciation. Notably, Ethereum is now outperforming Bitcoin and much of the broader crypto market. This relative strength is significant, as ETH often leads the altcoin market during bullish phases. As the cycle progresses, Ethereum’s combination of strong fundamentals, rising utility, and institutional adoption is making a compelling case for continued growth. Related Reading: Ethereum Big-Money Flow Hits 3-Year High With $100B In Weekly Volume Ethereum Holds Above Support After Rally, Eyes Next Breakout Ethereum (ETH) continues to trade within a key range following a strong rally that pushed the price from below $2,500 to over $3,750 in just a few weeks. As of today, ETH is consolidating around $3,660 after being rejected near $3,742—a major resistance level seen since early 2024. The current weekly candle shows a long upper wick, indicating profit-taking at the top of the range, but price remains supported above the critical $2,852 level, now acting as a flipped support. The rising volume seen during the recent breakout suggests strong participation from buyers, and price action remains bullish as long as ETH holds above its key moving averages. The 50, 100, and 200-week SMAs are all aligned below current price levels, providing structural support and reinforcing the bullish trend. Related Reading: $331M In Shorts At Risk As Ethereum Targets Key Supply Level Traders are now closely watching for a decisive breakout above the $3,742 zone. If ETH clears that resistance, the next logical targets lie in the $4,000–$4,200 range. On the downside, a breakdown below $2,850 would invalidate the recent breakout structure. Featured image from Dall-E, chart from TradingView

Ethereum has surged more than 70% since mid-June, marking one of its most impressive rallies of the year. The move has been driven by strong momentum, with bulls firmly in control as ETH recently reclaimed the critical $3,500 level. Notably, the uptrend has shown little to no retracement since the initial breakout, signaling sustained buying interest and confidence among investors. Related Reading: All 40K Remaining Bitcoin From The 80K Whale Just Moved: $4.75B In One Wallet Now One of the most striking developments supporting this move comes from CryptoQuant, which highlights the emergence of a significant premium on Ethereum traded through Coinbase. This is particularly noteworthy because Coinbase is a platform predominantly used by US institutions and high-net-worth individuals. The premium suggests aggressive spot buying by whales, indicating renewed institutional interest in Ethereum. This renewed demand comes as the broader crypto market sees clearer regulatory signals and increasing ETF flows into ETH-related products. As Ethereum continues to outperform and attract capital, traders are watching closely to see if this momentum will carry into a broader altcoin rally—or even signal the start of a long-awaited altseason. US Whales Lead the Charge as Ethereum Buying Activity Accelerates According to a recent report by CryptoQuant analyst Crypto Dan, Ethereum is seeing a notable increase in buying activity, particularly from US-based whales. The steady rise in accumulation, combined with a clear premium on Coinbase, suggests that high-net-worth players are positioning themselves ahead of further upside. Supporting this trend, daily inflows into Ethereum spot ETFs have surged to new all-time highs. This sharp spike reflects growing institutional confidence in ETH as a core digital asset, especially following recent regulatory clarity in the US. With Ethereum now trading above $3,600, demand continues to outpace supply across multiple channels. What makes this rally especially interesting is the current market environment. On-chain metrics show that Ethereum is not yet significantly overheated. Indicators such as NUPL (Net Unrealized Profit/Loss) suggest room for further expansion before excessive euphoria sets in. This creates favorable conditions for ETH to consolidate at higher levels before potentially breaking out again. However, the coming weeks will be crucial. If strong inflows and bullish momentum persist into late Q3 2025, analysts warn it could trigger signs of overheating. While we are not there yet, repeated vertical moves without retracement should prompt caution. Investors may need to reassess risk levels if the pattern continues. Related Reading: Altcoins Reclaim Key Technical Level – Can Momentum Sustain This Time? Ethereum Breaks Key Resistance With Strong Weekly Candle Ethereum is currently trading at $3,620 with two days left before the weekly candle closes, up more than 21% so far. This ongoing rally has pushed ETH firmly above the $2,852 resistance level — a crucial zone that capped price action for months. The move comes with high volume and follows a breakout above the 50-, 100-, and 200-week moving averages, now all reclaimed as support at $2,654, $2,664, and $2,430, respectively. With momentum accelerating and buyers clearly in control, market attention is shifting toward the next key resistance at $3,742, marked by the weekly wick high from December 2024. Related Reading: Bitcoin Retail Demand Rebounds – $0–$10K Transfer Volume Turns Positive Although the candle has not yet closed, its current size and structure highlight growing bullish strength. This surge builds on Ethereum’s 70% rally from mid-June, suggesting that an expansion phase may be underway. If ETH holds near or above current levels by Sunday, it would confirm one of the strongest weekly performances this year and potentially trigger further upside. Until then, traders are watching closely to assess whether this breakout can sustain its pace or if a near-term pullback is due after such an aggressive move. Featured image from Dall-E, chart from TradingView

Ethereum is trading confidently above the $3,100 level after breaking through this key resistance with strength, signaling a potential shift in market dynamics. While Bitcoin experiences a short-term pullback from its all-time highs, Ethereum’s upward move highlights growing momentum across the altcoin sector. Bulls are increasingly optimistic, viewing this divergence as a sign that capital may be rotating into ETH and other high-conviction altcoins. Related Reading: Bitcoin Bears Strike Back After ATH: Long/Short Ratio Flips Negative Fueling this optimism is a combination of improving technicals and strengthening fundamentals. One of the most notable developments came today, as SharpLink Gaming—one of the first Nasdaq-listed companies to adopt an Ethereum-focused treasury strategy—purchased an additional $19,560,000 worth of ETH. The combination of strong price action, increasing corporate interest, and supportive on-chain metrics suggests that Ethereum could be leading the next leg of the altcoin rally, especially if Bitcoin continues to consolidate and investors shift focus to undervalued opportunities across the ecosystem. SharpLink Becomes Largest Corporate Holder Of Ethereum SharpLink Gaming has officially become the largest corporate holder of Ethereum, with a total of 280,706 ETH now held in its treasury, valued at approximately $840 million at current market prices. The company’s aggressive accumulation strategy signals a new phase in institutional Ethereum adoption, reinforcing the growing perception of ETH as a long-term strategic asset. Top analyst Ted Pillows confirmed SharpLink’s latest purchase using on-chain data, which shows that the ETH was acquired through a Coinbase Prime hot wallet—a platform commonly used by institutions for large-scale crypto transactions. According to a press release, SharpLink raised $413 million through the issuance of over 24 million new shares between July 7 and July 11, capital it promptly deployed into the crypto market. In total, the firm acquired 74,656 ETH over the past week at an average price of $2,852 per coin. This aggressive buying spree not only reflects SharpLink’s treasury strategy but also highlights a broader trend among institutional players of turning to ETH as a core asset. As traditional companies seek alternatives to cash and government bonds, Ethereum’s maturing ecosystem and growing staking participation make it an increasingly compelling option. SharpLink’s bold move may inspire other public firms to explore ETH as a reserve asset. Related Reading: SharpLink Gaming Buys $73M in Ethereum – Smart Money Loads the Dip ETH Weekly Chart Signals Trend Reversal Ethereum is showing strong bullish momentum on the weekly chart. The price is currently trading at $3,155.21, up over 6% for the week. The breakout above the key resistance zone at $2,850 is now confirmed. Marking a significant shift in market structure after months of consolidation and bearish pressure. This move pushes ETH to its highest weekly close since early 2024. Technically, Ethereum has reclaimed all major moving averages: the 50-week SMA ($2,645), 100-week SMA ($2,659), and 200-week SMA ($2,427). This alignment supports a longer-term bullish reversal and confirms that momentum has shifted in favor of buyers. The clean break above the previous resistance adds strength to the move. And sets the stage for a potential rally toward the $3,600–$3,800 range in the coming weeks. Related Reading: Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth The reclaim of $2,850—a zone that had acted as strong resistance for months—now flips into support. If Ethereum continues to hold this level on a weekly closing basis, it will likely attract more institutional attention. Featured image from Dall-E, chart from TradingView

Ethereum is trading just above the $2,500 mark following days of volatility, choppy price action, and uncertainty across crypto markets. Despite the hesitation, bulls have held critical support, and the coming days are shaping up to be a defining moment for Ethereum and the broader altcoin space. Momentum is slowly shifting as investors look for confirmation that ETH will lead the next wave of upside action. Related Reading: No Room For Bears: Bitcoin Bullish MACD, Monthly Close Fuel Bullish Outlook Top analyst Ted Pillows has shared a bullish technical outlook, suggesting that a Wyckoff accumulation pattern is currently unfolding. According to Pillows, this structure resembles the early stages of major breakouts seen in past cycles and signals strong smart money positioning. He argues that Ethereum already played a key role in Bitcoin’s latest rally to new all-time highs, and now it’s Ethereum’s turn to shine. A sustained breakout above the $2,600–$2,700 range could trigger the next phase of the cycle, with $3,000 in sight as the initial target. With market sentiment recovering and BTC consolidating near highs, traders and investors are closely watching Ethereum’s next move to gauge whether an altseason is around the corner. The setup is in place — but ETH must deliver. Ethereum Builds Strength Ethereum is up 82% from its April lows, demonstrating strong bullish control as the price holds firmly above key demand zones. Despite recent volatility, ETH continues to trade within a well-defined range between $2,400 and $2,700, a structure that has persisted since early May. This tight consolidation suggests the market is preparing for a decisive breakout, one that could define Ethereum’s trajectory for the remainder of the year. Ted Pillows reveals that Ethereum is now undergoing a classic Wyckoff accumulation pattern. According to his analysis, this phase marks the transfer of ETH from weak hands to strong hands, and it mirrors past cycle setups that led to explosive rallies. Pillows argues that Ethereum helped push Bitcoin to new all-time highs, and now it’s Ethereum’s turn to take the spotlight. If this pattern plays out, Pillows sees a clear path: first a breakout to $3,000, followed by a healthy correction, and then a push to $4,000 sometime in Q3. Beyond that, the real parabolic move may begin, driven by renewed confidence, broader altcoin participation, and sustained demand for ETH as a core asset in the crypto ecosystem. Related Reading: Solana Tests Rising Channel Support – Breakdown Could Send Price To $128.50 Level ETH Holds Above Key Support Amid Tight Range Ethereum (ETH) is trading at $2,520, maintaining its position above critical support levels despite recent volatility. As shown in the 12-hour chart, ETH has acknowledged the $2,480–$2,500 zone multiple times since late May, signaling strong buyer interest at these levels. The price remains trapped within a tight consolidation range between $2,400 and $2,700, with no clear breakout yet in either direction. ETH is currently trading near its 50- and 100-period SMAs, which are converging around the current price, indicating equilibrium and a potential inflection point. The 200-period SMA sits below $2,200 and continues to trend upward, supporting the longer-term bullish structure. Related Reading: Chainlink Consolidates Above Key Support – Bulls Eye $20 Range Volume has remained relatively stable, with no spike suggesting institutional accumulation or mass distribution. For bulls to regain full momentum, ETH must reclaim the $2,600–$2,700 resistance and flip it into support. On the downside, a clean break below $2,480 could expose the $2,300 zone once again. Featured image from Dall-E, chart from TradingView

Ethereum is trading above $2,400 after enduring several days of volatility and uncertainty. The price has managed to stabilize despite sharp intraday swings, reflecting growing tension between bullish momentum and cautious sentiment. Analysts are now calling for a decisive move, with some expecting a breakout toward higher levels, while others warn of a possible correction if key demand zones fail to hold. Related Reading: Bitcoin Struggles Below ATH After Weeks Of Failed Attempts – $109K Level In Focus On one hand, ETH has shown strength by holding above its short-term support range, suggesting that buyers are stepping in with confidence. Bullish momentum appears to be building, especially as macro sentiment around risk assets begins to recover. On the other hand, opposing views point to weakening volume and lingering macroeconomic risks, which could trigger a deeper retracement if Ethereum fails to sustain current levels. Adding weight to the bullish case is fresh data from CryptoQuant, which highlights a strong accumulation pattern among long-term ETH holders. According to the data, significant buying pressure emerged during the recent consolidation phase, with hodlers steadily increasing their positions. This divergence between price action and accumulation behavior suggests that foundational support for Ethereum remains intact, even as traders await the next major move. Ethereum Accumulation Builds And Market Awaits Breakout Ethereum is struggling to reclaim the $2,500 level, but its ability to hold steady amid ongoing market uncertainty is a sign of underlying strength. For weeks, ETH has traded within a well-defined range between $2,200 and $2,800, with neither bulls nor bears able to take decisive control. This prolonged consolidation has delayed the long-anticipated altseason, which many believe will only begin once Ethereum breaks above key resistance and pushes into higher territory. Despite the lack of clear direction, the macro setup is becoming increasingly interesting. Global markets remain volatile, with shifting interest rate expectations, geopolitical risk, and unpredictable liquidity conditions creating mixed signals across risk assets. Yet Ethereum continues to hold firm, supported not just by technical structure but also by significant long-term holder activity. According to insights from CryptoQuant, a strong accumulation pattern has been detected among Ethereum holders. During the June consolidation phase, long-term investors steadily increased their positions, even as price action remained choppy. This divergence between price and accumulation volume signals growing confidence under the surface. When price consolidates while demand builds, the result is often explosive. With ETH holding key support levels and long-term accumulation rising, the stage may be set for a major move. If Ethereum can push through $2,500 and reclaim higher ground, it could serve as the ignition point for a broader altcoin rally. Until then, the market remains in a state of quiet buildup. Something big is coming—and Ethereum is at the center of it. Related Reading: Ethereum Sees $269M In Net Inflows In 24H – Bullish Momentum Accelerates ETH Struggles With Resistance Amid Mixed Signals Ethereum is currently trading at $2,470 after failing to hold intraday gains above the $2,500 level. The 12-hour chart shows ETH consolidating within a broader range, with $2,200 acting as strong support and $2,800 as key resistance. Despite several bullish attempts, Ethereum has struggled to reclaim higher ground, and the rejection near the 100-period SMA (green line at $2,537) signals persistent selling pressure near resistance. The price is currently trading above the 200 SMA ($2,170) and just under the 50 SMA ($2,507), which now acts as a short-term resistance. This tight positioning of moving averages suggests ETH is at a decision point—either it breaks through $2,500 to target $2,600 and higher, or it risks rolling over if bulls fail to hold momentum. Related Reading: ONDO Breaks Out Of Ascending Channel – Analyst Sets $0.29 Target Volume remains relatively flat, indicating indecision. The overall structure still favors a neutral-to-bullish bias, especially if price continues to close above the 200 SMA. However, a breakdown below $2,400 would increase the risk of a retest of the $2,200 support zone. Featured image from Dall-E, chart from TradingView

On-chain data shows Ethereum has just witnessed its largest daily withdrawal in over a month, a sign that may turn out to be bullish for the asset’s price. Ethereum Has Recently Seen Notable Exchange Outflows As explained by the institutional DeFi solutions provider Sentora (formerly IntoTheBlock) in a new post on X, a large amount of Ethereum has left exchanges. The on-chain indicator of interest here is the “Exchange Netflow,” which measures the net amount of ETH entering into or exiting out of the wallets associated with centralized exchanges. When the value of this metric is positive, it means the exchanges are receiving a net number of deposits. As one of the main reasons why investors deposit their tokens to these platforms is for selling-related purposes, this kind of trend can have a bearish implication for the ETH price. Related Reading: Tron Has Plenty Of Room For A 2025 Bull Run, Risk Metric Signals On the other hand, the indicator being below zero suggests the exchange outflows outweigh the inflows. Such a trend can imply the holders are accumulating, which can naturally have a bullish effect on the asset. Now, here is the chart shared by Sentora that shows the trend in the Ethereum Exchange Netflow over the past month: As displayed in the above graph, the Ethereum Exchange Netflow has seen a sharp negative spike during the past day, which suggests the investors have withdrawn a significant amount of the cryptocurrency. In total, the exchanges have handled net outflows of more than 140,000 ETH (worth about $390 million) with this withdrawal spree. This is the largest single-day exit that these platforms have faced in over a month. These outflows have come as Ethereum has been attempting a breakout from its month-long range. As such, it’s possible that a portion of the large holders of the market have some level of confidence in this rally. In some other news, the cash-margined Ethereum Futures Open Interest has set a new all-time high, as the on-chain analytics firm Glassnode has revealed in an X post. The Futures Open Interest is an indicator that measures the total amount of positions related to Ethereum that are currently open on all derivatives platforms. Here, the ‘cash-margined’ Open Interest is of relevance, which includes all the contracts that have fiat/stablecoins as collateral. Related Reading: Bitcoin Options Traders Expect Quiet—But On-Chain Data Suggests Chaos From the chart, it’s apparent that this metric has recently seen some rapid growth and has achieved a new record of about $20 billion. “Despite a slight pullback from the $2.8K levels, leverage continues to build as traders load up using stablecoins,” notes Glassnode. ETH Price Ethereum crossed beyond the $2,800 level earlier, but it appears it has seen a setback as its price is back at $2,750. Featured image from Dall-E, Glassnode.com, IntoTheBlock.com, chart from TradingView.com

Ethereum is gaining momentum again after tagging the $2,739 level and setting a new local high, reaching prices not seen since late February. The rally marks a strong comeback for ETH, which has been under significant pressure earlier this year. Now, bulls appear firmly in control as the broader crypto market wakes up and capital flows return to altcoins. Related Reading: Solana Network Activity Grows As 11M Wallets Now Hold 0.1 SOL Or More – Analyst Analysts are calling for a potential altseason, fueled by Ethereum’s relative strength against Bitcoin and growing investor confidence. As Bitcoin consolidates near all-time highs, Ethereum has taken the opportunity to outperform, pushing up through key resistance levels with conviction. Supporting this narrative, data from Sentora (formerly IntoTheBlock) reveals that $1.2 billion worth of ETH has been withdrawn from centralized exchanges over the past seven days. This sustained trend of net outflows suggests continued accumulation and reduced sell-side pressure, both strong signals for long-term bullish momentum. With price action heating up and investor sentiment shifting, Ethereum could be preparing for a major breakout. If bulls maintain control, the $3,000–$3,100 region may be tested in the coming days as the next major resistance zone. All eyes are now on ETH as the altcoin market shows signs of life. Ethereum Builds Momentum As Exchange Outflows Signal Accumulation Ethereum is trading above critical levels as speculation of a sustained rally continues to grow. After weeks of sluggish movement, ETH has roared back to life, gaining over 50% in value since last week. This sharp move to the upside has reignited hopes for an altseason, with many analysts viewing Ethereum’s breakout as the potential trigger for broader altcoin market strength. Ethereum is now holding firmly above the $2,600 mark, a level that had acted as strong resistance for months. This breakout, coupled with increasing momentum against Bitcoin, suggests bulls are regaining control. Traders are closely watching the next major resistance zone between $2,900 and $3,100, which could serve as a key test for Ethereum’s uptrend. Adding to the bullish case, data from Sentora reveals that $1.2 billion worth of ETH has been withdrawn from centralized exchanges over the past 7 days. This trend has intensified since early May, pointing to increased investor accumulation and reduced sell-side pressure. Large exchange outflows are often seen as a sign that holders intend to store ETH off-exchange, decreasing immediate supply and supporting upward price movement. With market sentiment turning bullish and Ethereum leading the charge, all eyes are now on whether ETH can maintain its momentum and drive the altcoin market into a new growth phase. If accumulation trends persist and bulls hold key levels, Ethereum’s path toward $3,100 could open the door to a broader market rally. Related Reading: XRP Open Interest Surges 41% As Speculation Grows – Over $1B Added In Just One Week Price Action Details: ETH Testing Key Levels Ethereum’s weekly chart shows a powerful breakout after weeks of bearish pressure, with ETH now trading around $2,599.14. The recent surge pushed the price above both the 200-week EMA ($2,259.65) and the 200-week SMA ($2,451.55), two critical long-term trend indicators. Reclaiming these levels signals renewed bullish momentum and a strong shift in sentiment. The breakout candle itself is one of the largest weekly green candles in over a year, reflecting a sharp influx of buyer interest and potentially marking a key reversal point after months of downside. Notably, this move brings ETH to levels not seen since February, with the local high for the week reaching $2,739.05. Volume has increased significantly during this move, confirming the strength behind the rally. However, Ethereum now faces overhead resistance near $2,800–$2,900, a zone that previously acted as support during early 2024 before the breakdown. If bulls maintain momentum and close this week above $2,600, it could open the door for a test of the $3,100 resistance zone. Related Reading: Ethereum Hits Major Level After Biggest Weekly Candle In Years – What Comes Next? On the downside, the key support to watch is around $2,450, aligned with the 200-week SMA. A failure to hold that level could invite a retest of $2,250. For now, the trend is bullish, but follow-through next week will be crucial. Featured image from Dall-E, chart from TradingView

Ethereum is trading just below the $2,000 mark, holding at critical levels as the broader market shows signs of recovery. After weeks of choppy price action and fading selling pressure, bulls are gradually regaining control, pushing ETH into a more bullish short-term structure. Momentum is building as Ethereum stabilizes above the $1,800 level, and technical indicators suggest a breakout may be forming. Related Reading: Ethereum Forms Long-Legged Doji On Monthly Chart – Reversal Or Just A Pause? Adding to the growing optimism, on-chain data from IntoTheBlock shows a consistent flow of ETH out of centralized exchanges—an indicator often associated with accumulation and reduced sell-side pressure. Over the past week alone, net outflows have exceeded $380 million worth of Ethereum, reinforcing the view that investors are preparing for a move higher. Still, the key resistance at $2,000 remains a psychological and technical barrier. A confirmed push above this level could trigger a broader altcoin rally and signal the start of Ethereum’s next leg up. Until then, the market remains cautiously optimistic as bulls test the upper limits of this consolidation zone, looking for the momentum needed to escape it. Ethereum Faces Critical Test Amid Accumulation Trend Ethereum continues to face headwinds as it trades more than 55% below its December highs, hovering beneath the $2,000 resistance zone. While the broader crypto market shows signs of revival, ETH remains locked in a critical battle between supply overhead and renewed buying interest. The recent price structure shows some bullish development in lower time frames, as buyers attempt to build momentum. However, strong resistance levels still loom, and failure to break through could trigger a fresh move into lower demand zones around $1,700 or even $1,500. Despite these technical challenges, on-chain data paints a more encouraging picture. According to IntoTheBlock, centralized exchanges have seen net Ethereum outflows of roughly $380 million over the last seven days. This steady reduction in exchange-held ETH suggests a growing trend of accumulation, often interpreted as investors moving coins to cold storage rather than preparing to sell. This behavior typically reduces sell-side pressure and can lay the groundwork for more sustainable rallies. Market sentiment remains mixed. Some analysts argue that Ethereum is gearing up for a breakout, with shifting momentum hinting at an imminent surge. Others remain cautious, warning that macroeconomic uncertainty and fragile investor confidence could still pull ETH into a deeper correction. The coming days will be crucial in defining Ethereum’s trajectory. Related Reading: SUI Hype Grows As Price Action Points To A Rally: $4 Level In Focus ETH Price Analysis: Testing Key Resistance Ethereum (ETH) is currently trading at $1,837 after several days of consolidation just below the $1,850 level. As seen in the daily chart, ETH has been attempting to form a short-term bullish structure after rebounding from April lows near $1,550. The price has steadily climbed but now faces significant resistance near $1,850—a level that has acted as both support and resistance in previous months. Volume has been relatively stable but not convincingly high, indicating that bulls are gaining control but lack strong momentum to break through. The 200-day Simple Moving Average (SMA) at $2,271 and the 200-day Exponential Moving Average (EMA) at $2,456 remain distant overhead targets. These levels represent key longer-term resistance, and reclaiming them would be a major bullish signal. Related Reading: HYPE Confirms Strength With Solid Throwback Response – Bullish Reversal? For now, ETH must close decisively above $1,850 to validate this short-term trend reversal. A failure to do so may result in another retest of support around $1,700 or even lower, particularly if broader market sentiment shifts. However, the price holding above recent swing lows and forming higher lows signals that bullish pressure is building gradually. A breakout above $1,850 would open the door to a move toward the $2,000–$2,200 zone. Featured image from Dall-E, chart from TradingView

Ethereum is currently trading at a critical resistance level as bulls attempt to regain momentum and push for a fresh high. The broader market remains under pressure as global uncertainty escalates, largely fueled by ongoing trade tensions between the United States and China. Last week, US President Donald Trump announced a 90-day tariff pause on all countries except China, intensifying concerns about an extended trade conflict that could destabilize global financial markets. Related Reading: Ethereum Trades At Bear Market Lows: Fundamentals Signal Major Undervaluation In this high-stakes environment, Ethereum’s price action is drawing close attention from investors and analysts. Top crypto analyst Ali Martinez shared that historically, the best Ethereum buying opportunities have emerged when the price drops below the lower MVRV (Market Value to Realized Value) Price Band—a level that signals potential undervaluation. Notably, ETH is now trading precisely in that zone. This alignment between technical conditions and macroeconomic instability suggests that Ethereum could be entering a phase of accumulation, with long-term investors looking to capitalize on discounted prices. However, sustained upward momentum will depend on whether bulls can overcome immediate resistance and whether macro conditions improve. The coming days could prove pivotal for ETH as it tests both technical and psychological thresholds. Ethereum Dips Into Historical Opportunity Zone Ethereum is currently trading below key resistance levels after enduring several weeks of selling pressure and weak market performance. Since losing the crucial $2,000 support level, ETH has fallen roughly 21%, a clear indication that bulls have yet to regain control. Broader macroeconomic pressures, especially rising global tensions and uncertain trade conditions between the US and China, have further dampened market sentiment. These conditions have driven many investors to exit riskier assets like cryptocurrencies, leading to elevated volatility and reduced market participation. Despite this downtrend, some analysts believe Ethereum could be nearing a pivotal turnaround zone. According to Martinez, one of the best historical signals for Ethereum accumulation has been price action dipping below the lower bound of the MVRV Price Band—a metric that compares market value to realized value to assess whether an asset is over- or undervalued. Currently, Ethereum is trading beneath that lower band. Martinez emphasizes that this positioning has typically preceded strong upside reversals, especially during periods of extreme market pessimism. While short-term volatility may persist, ETH’s entry into this zone could present a rare opportunity for long-term investors to accumulate at historically discounted levels—if market conditions stabilize and sentiment shifts. Related Reading: Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking? ETH Stalls In Tight Range Ethereum is currently trading at $1,610 after nearly a week of low volatility and sideways action. Since last Tuesday, ETH has remained locked in a tight range between $1,550 and $1,630, reflecting the market’s uncertainty and hesitation to take a clear directional stance. This narrow trading zone highlights a period of price compression, often a precursor to a larger move in either direction. For bulls to regain momentum and shift sentiment, Ethereum must reclaim the $1,700 level and push decisively above the $2,000 mark. These levels not only serve as key psychological barriers but also represent critical zones of previous support that have now turned into resistance. A breakout above $2,000 would likely trigger renewed buying interest and set the stage for a potential recovery rally. Related Reading: Ethereum Price Stalls In Tight Range – Big Price Move Incoming? However, if bearish pressure builds and the $1,550 floor is breached, Ethereum could quickly test the $1,500 support zone. A breakdown below that level would confirm further downside risk, potentially accelerating sell-offs and deepening the current correction. Until a breakout or breakdown occurs, traders should prepare for more consolidation and volatility as the market awaits a macro or technical catalyst. Featured image from Dall-E, chart from TradingView 

Ethereum saw a dramatic turnaround this week, bouncing over 21% from its recent low of $1,380 in just hours. The sharp recovery came in response to an unexpected shift in macroeconomic policy: US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries—except China, which now faces a steep 125% tariff. The news sent a ripple through global markets, sparking a short-term rally in risk assets, including crypto. Related Reading: XRP Network Activity Hits All-Time High Despite Market Volatility – Bullish Signal? Ethereum, which had been under heavy selling pressure for weeks, appears to have found temporary relief. According to Glassnode data, long-term Ethereum holders are starting to fold, offloading positions at a loss after months of decline. Historically, these moments of long-term holder capitulation have often marked bottoming phases and preceded meaningful rebounds. While short-term volatility remains elevated, some analysts view this setup as a potential opportunity zone, especially for contrarian investors looking to accumulate during peak fear. The market now watches to see if ETH can hold its gains or if broader uncertainty will drag prices back down. One thing is clear: the next few days could be pivotal for Ethereum’s trend heading into the second half of 2025. Ethereum Finds Relief Amid Chaos, But Market Remains On Edge Ethereum is now at a pivotal crossroads after enduring weeks of relentless selling pressure and uncertainty. The recent surge from sub-$1,400 levels has offered a glimmer of hope, as bulls begin to push back against the downtrend. This bounce follows aggressive volatility not just in crypto but across global equities, with price action rocked by continued geopolitical unrest and macroeconomic instability. US President Donald Trump’s unpredictable stance on tariffs remains a wildcard, keeping global markets on edge. Since peaking in late December, Ethereum has shed over 60% of its value, triggering growing concern that a full-scale bear market may be unfolding. Many investors have already exited positions, while others remain sidelined waiting for clarity. Still, some see opportunity. According to top analyst Ali Martinez, long-term Ethereum holders have now entered what’s commonly referred to as “capitulation” mode—a stage when even the most patient investors begin to fold under pressure. Martinez believes this could present a rare window for contrarian buyers. “For those watching risk-reward dynamics, this phase has historically marked prime accumulation zones,” he shared on X. While Ethereum’s path forward is still uncertain, current sentiment suggests that a critical test is underway—one that could determine whether this recovery has legs, or if further pain lies ahead. Related Reading: Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours – Risk-Off Or Panic Selling? Bulls Look To Confirm Recovery With Key Breakout Ethereum is showing signs of short-term strength as it forms an “Adam & Eve” bullish reversal pattern on the 4-hour chart. This classic technical formation, which starts with a sharp V-shaped low followed by a rounded bottom, often signals a potential breakout if price action holds and follows through. For Ethereum, reclaiming the $1,820 level is the first step to confirm this bullish structure. If bulls can push ETH above this level with conviction, the next key challenge lies at the 4-hour 200 moving average (MA) and exponential moving average (EMA), both of which converge around the $1,900 mark. A decisive breakout through this zone would validate the recovery setup and could kickstart a more sustained move higher. Related Reading: Oversold Altcoins Like Solana Flash Bullish Divergences — Are Relief Bounces Coming? However, failure to reclaim the $1,800 level in the coming days may keep ETH stuck in a consolidation range. If rejected, price could remain rangebound between current levels and the lower support area near $1,300, where ETH recently bounced. For now, all eyes are on how price reacts to the resistance levels ahead, as bulls aim to regain control and shift the short-term momentum in their favor. Featured image from Dall-E, chart from TradingView 

Ethereum is facing mounting pressure after weeks of relentless selling and underwhelming price action. Since January, bulls have failed to regain control, and ETH has continued to bleed value in a market increasingly dominated by fear and uncertainty. With no clear signs of a reversal, the coming weeks could bring more pain for investors holding long positions. Related Reading: Solana Bears Eye $113 Target If Ascending Structure Breaks Down – Details Global financial markets remain on edge as trade war fears and geopolitical tensions intensify. This hostile macro environment has driven investors away from high-risk assets like cryptocurrencies, and Ethereum has been one of the hardest hit. The weakness in price reflects not only technical breakdowns but also a broader lack of confidence in short-term recovery. Top analyst Big Cheds recently shared a technical analysis showing Ethereum is now trading at $1,840 — a staggering drop from its $3,400 level earlier this year. According to Cheds, this confirms the continuation of the current downtrend, with ETH now moving into lower demand zones that could offer limited support. Unless bulls step in with strength, Ethereum’s outlook remains bearish. The market is watching closely to see if $1,800 can hold — or if deeper losses lie ahead as momentum continues to favor the downside. Ethereum Under Pressure As Key Levels Collapse Ethereum is in a critical position as it continues to lose key support levels under mounting selling pressure. After briefly reclaiming the $2,000 mark in recent weeks, ETH has once again fallen below this crucial threshold — a failure that has intensified bearish sentiment and placed bulls in a defensive stance. With each failed recovery attempt, investor confidence weakens, and analysts are now calling for a deeper correction in the coming weeks. The situation is particularly delicate as Ethereum serves as the backbone for much of the crypto ecosystem. A sustained downtrend in ETH doesn’t just impact its own holders but also influences the broader altcoin market and DeFi sectors that rely on Ethereum’s price strength for momentum. The continued decline has heightened concerns that a prolonged bear phase may be unfolding. Big Cheds shared a bearish technical outlook, pointing to the severity of ETH’s drop from its $3,400 local high to the current $1,840 level. According to Cheds, if the downtrend continues, the next key accumulation zone to watch could be between $1,200 and $1,300 — a range that previously acted as a strong base during earlier cycles. If Ethereum falls to that zone, it would represent a correction of over 60% from its recent peak. Such a move would signal a major breakdown in structure and test long-term investor conviction. For now, bulls must fight to hold the $1,800 level and attempt to reclaim lost ground. Without a shift in momentum soon, the road ahead for ETH looks increasingly challenging — and the broader market may follow its lead downward. Related Reading: Bitcoin OTC Desks Are Draining – Supply Squeeze On The Horizon? Key Resistance Levels Remain Untouched Ethereum is currently trading at $1,840, continuing to show weakness after failing to reclaim the 4-hour 200 moving average (MA) and exponential moving average (EMA), both sitting near the $2,100 level. These indicators have acted as strong dynamic resistance since December 2024, and ETH has consistently traded below them — a clear sign that bears remain in control of the trend. This prolonged weakness below the 200 MA and EMA has reinforced the bearish momentum, with bulls unable to regain any meaningful ground in recent months. Until Ethereum can break back above these key technical levels, any attempt at a sustained recovery is likely to fall short. A reclaim of the 200 MA and EMA could trigger a significant upside move, as it would signal a shift in short-term market structure and potentially spark renewed buying interest. However, even before that happens, bulls must focus on reclaiming the psychological $2,000 level — a major price zone that has repeatedly defined the battle between buyers and sellers. Related Reading: XRP Must Break Above $3 To Invalidate Bearish Pattern And Flip Bullish – Analyst If ETH can break above both $2,000 and $2,100 with volume, it may mark the beginning of a stronger recovery phase. Until then, price action remains vulnerable and tilted toward the downside. Featured image from Dall-E, chart from TradingView 

Ethereum is once again under heavy selling pressure after losing the critical $2,000 level — a psychological and technical zone that bulls have struggled to defend in recent weeks. With price action turning increasingly bearish, investor sentiment is weakening, and analysts are warning that a deeper correction may be on the horizon. As Ethereum slides lower, concerns are growing across the broader crypto market, which often relies on ETH’s strength to lead recovery phases. Related Reading: Bitcoin OTC Desks Are Draining – Supply Squeeze On The Horizon? The current situation is both tense and delicate. Ethereum’s inability to hold key support levels has rattled short-term holders and is now testing the resolve of long-term investors. Many are now closely watching for any signs of stabilization or fresh accumulation. One promising on-chain signal comes from Glassnode’s MVRV (Market Value to Realized Value) metric. Historically, a crossover of the MVRV ratio above its 160-day moving average has marked the beginning of strong Ethereum accumulation zones — often preceding significant price rebounds. That signal is now approaching once again, and if confirmed, it could offer a glimmer of hope to bulls waiting for a shift in momentum. Until then, Ethereum remains in a fragile state. Ethereum Faces Critical Breakdown As Accumulation Signal Nears Ethereum is now in a critical position, with bulls continuing to lose control as key support levels break one by one. Selling pressure has intensified over the past few weeks, dragging ETH further into a prolonged downtrend that began in late December. Macroeconomic uncertainty, rising interest rates, and heightened global tensions continue to create a hostile environment for risk assets — and the crypto market has felt the impact most severely. Currently, Ethereum is trading 55% below its local high of $4,100, reached earlier this cycle. The sharp decline has shaken investor confidence, and the continued breakdown in price structure leaves little room for error. Without a swift recovery and strong defense of support zones, Ethereum risks further downside, with analysts warning of continued weakness if sentiment doesn’t shift soon. Amid the decline, some analysts are watching closely for signs of a potential bottom. Top analyst Ali Martinez shared a key insight on X, pointing to the MVRV (Market Value to Realized Value) ratio as a reliable indicator of accumulation zones. According to Martinez, when the MVRV ratio crosses above its 160-day moving average, it has historically marked strong accumulation phases — moments when long-term investors begin quietly positioning for the next leg higher. This crossover has not yet occurred, but it is approaching. If confirmed, it could signal that Ethereum is entering a high-value zone despite the current bearish conditions. While the market remains fragile, such on-chain metrics offer a glimmer of hope that accumulation is quietly underway — even as price action continues to look weak on the surface. Bulls will need to act quickly to reverse the trend, but for now, Ethereum’s outlook remains on edge. Related Reading: Solana Bears Eye $113 Target If Ascending Structure Breaks Down – Details Bulls Defend Crucial $1,800 Support Ethereum is trading at $1,830 after suffering a sharp 14% drop since last Monday, reflecting renewed selling pressure across the crypto market. The steep decline has pushed ETH toward a critical support level at $1,800 — a zone that now stands as a must-hold for bulls. This level has historically acted as a strong pivot point, and losing it could trigger a deeper correction. If ETH fails to hold above $1,800, the next significant support lies near the $1,500 zone, which would mark a dramatic shift in market structure and likely accelerate bearish sentiment. A breakdown to this level would erase much of the year’s gains and deal a serious blow to investor confidence. However, if bulls manage to defend $1,800 successfully, a rebound could follow, potentially pushing ETH back above the $2,000 mark. Reclaiming this psychological level would help restore momentum and open the door for a broader recovery. Related Reading: XRP Must Break Above $3 To Invalidate Bearish Pattern And Flip Bullish – Analyst The next few days will be crucial for Ethereum’s short-term outlook. With macroeconomic uncertainty still looming, bulls must step in with conviction — because if $1,800 breaks, the fall could be fast and steep. Featured image from Dall-E, chart from TradingView 

Ethereum is trading back above the key $2,000 level after spending several volatile weeks attempting to reclaim it. Since late February, ETH has dropped more than 38%, triggering widespread panic as the price broke below major support and briefly dipped under $1,800. The decline sparked fears of a prolonged downtrend, with many questioning whether Ethereum had entered a bear market. Related Reading: Dogecoin Bollinger Bands Tighten On 12H Chart Hinting At Imminent Price Move – Insights However, sentiment is beginning to shift. Investors are now looking for signs of recovery as ETH stabilizes and retests important levels. A growing number of analysts believe that the recent volatility may have been a final shakeout before a new uptrend. Top analyst Ted Pillows shared insights on X, suggesting that Ethereum may be wrapping up its “manipulation phase.” This phase typically features erratic price action designed to exhaust both bulls and bears before the market commits to a clear direction. If the phase ends soon, Ethereum could rebound significantly in the coming weeks. As ETH hovers near $2,000, the next few sessions will be crucial in determining whether bulls can maintain momentum or if further downside lies ahead. Ethereum Bulls Face A Test As Expansion Phase Looms Ethereum is showing early signs of strength as it hovers just above the critical $2,000 mark, a level that has acted as both a psychological and technical battleground for weeks. Bulls are being called into action as the broader market begins to stabilize, with ETH price action hinting at a potential recovery. However, the situation remains fragile, with uncertainty dominating sentiment and no clear trend established yet. Speculation is split between those anticipating a deeper correction and others betting on a full-scale recovery. For now, Ethereum remains range-bound, and any breakout attempt must be backed by strong conviction to shift momentum. Bulls must defend the $2,000 level and begin targeting higher resistance zones to spark confidence in a sustained uptrend. Pillows stated that Ethereum is likely exiting what he calls the “manipulation phase” — a confusing, price movement designed to exhaust buyers and sellers. According to Pillows, this phase is nearly over, and Ethereum’s expansion time is about to begin. A confirmed breakout above the $2,200 level would be the catalyst for a new expansion cycle, potentially sending ETH into higher territory in the weeks ahead. Until then, price action will remain sensitive, with the next few sessions crucial in deciding Ethereum’s trajectory. Related Reading: Ondo Finance Eyes Breakout As Price Tests $0.89 Channel Resistance – Analyst But Bulls Face Key Resistance Ahead Ethereum is currently trading at $2,070 after managing to reclaim the $2,000 level—a crucial psychological and technical zone that had acted as resistance in recent weeks. This move marks an important step for bulls who are now trying to solidify momentum and prevent further downside. However, the real test lies ahead, as ETH must reclaim the $2,250 level to initiate a true recovery phase. The $2,250 mark aligns with previous areas of heavy trading activity and could act as the launchpad for a broader uptrend if bulls manage to flip it into support. Successfully retaking this level would likely attract fresh demand and restore investor confidence, especially after the asset shed more than 38% of its value since late February. Related Reading: Chainlink Poised For Recovery If $13 Support Holds – Expert Sets Optimistic Targets Despite the short-term optimism, downside risks remain. If Ethereum fails to hold above $2,000, the market could experience renewed selling pressure, potentially pushing ETH back toward the $1,800 support level. Such a drop would reinforce bearish sentiment and delay any potential recovery rally. For now, traders are watching closely to see if Ethereum can build on its current strength and reclaim higher levels in the sessions ahead. Featured image from Dall-E, chart from TradingView 

Ethereum has experienced a much-needed surge above the $2,000 level, a key psychological and technical mark that bulls have struggled to reclaim since March 10. This breakout sparked optimism in the market, but the momentum was short-lived, as ETH quickly pulled back below the level and was unable to confirm a solid hold. Analysts widely agree that a strong and sustained move above $2,000 is critical for Ethereum to initiate a broader recovery rally. Related Reading: Dogecoin Forms A Daily Bullish Pattern – Analyst Expects A Breakout To $0.43 Despite the hesitation at resistance, on-chain data shows signs of growing investor confidence. According to Santiment, investors have withdrawn over 360,000 ETH from centralized exchanges in the last 48 hours. This shift is often interpreted as a bullish signal, suggesting that large holders are moving their assets to private wallets, possibly in anticipation of higher prices. Meanwhile, the broader macroeconomic landscape continues to apply pressure. Trade war tensions and unpredictable policy decisions from the U.S. government have weighed heavily on both crypto and traditional markets, intensifying volatility and investor uncertainty. Still, Ethereum’s latest exchange outflows hint at a potential trend shift — one that could favor accumulation and set the stage for the next major move, provided bulls can reclaim and hold above the $2K threshold. Ethereum Faces Critical Test Amid Exchange Outflows Ethereum has lost over 57% of its value since mid-December, falling from a high of around $4,100 to recent lows near $1,750. This sharp correction has created a challenging environment for bulls, who have repeatedly failed to reclaim and hold higher price levels. Now, the $2,000 mark stands as a psychological and technical battlefield. If Ethereum can firmly establish support above this level, it could provide the foundation for a recovery rally. However, a failure to do so would likely result in further downside and reinforce the bearish trend. Related Reading: Ethereum Trades At A Critical Level – Major Reclaim Or Steep Drop Ahead? The current market landscape struggles with uncertainty. On one side, continued macroeconomic headwinds—rising trade tensions, inflation concerns, and policy shifts from the U.S. government—have weakened investor confidence and driven volatility across risk assets. On the other hand, there are signs of potential recovery and accumulation. Top crypto analyst Ali Martinez shared data from Santiment, revealing that investors have withdrawn over 360,000 ETH from centralized exchanges in the past 48 hours. Historically, large-scale withdrawals are considered a bullish signal, as they suggest investors are moving assets into cold storage for long-term holding rather than preparing to sell. This move could indicate growing confidence among large holders and signal the early stages of a new accumulation phase—provided Ethereum can hold above $2,000. Price Holds Steady Below $2,000 Ethereum is currently trading at $1,960 after briefly attempting to reclaim the $2,000 mark in yesterday’s session. The psychological and technical resistance at $2,000 remains a crucial barrier that bulls must overcome to shift market momentum in their favor. Despite a small bounce from recent lows, Ethereum has struggled to gain traction amid persistent market uncertainty. Bulls need to push ETH above $2,000 and reclaim higher levels such as $2,150 and $2,300 to confirm the beginning of a recovery phase. A sustained move above these levels would not only signal a potential trend reversal but could also attract sidelined investors back into the market. Until that happens, Ethereum remains vulnerable to continued downside pressure. Related Reading: XRP Bulls Face A Big Test – Metrics Show $2.40 As The Most Critical Resistance Level If bulls fail to break above the $2,000 resistance in the coming sessions, Ethereum could lose support at current levels and revisit lower demand zones around $1,850 or even $1,750. With the broader crypto market still under the influence of macroeconomic volatility and weak sentiment, the coming days are likely to be pivotal for ETH’s short-term direction. A decisive move either above or below this key range will likely set the tone for the next major price action. Featured image from Dall-E, chart from TradingView