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Ethereum has pushed above the $3,350 level, injecting fresh momentum into the market after weeks of uncertainty. Yet despite this breakout, overall sentiment remains clouded by fear, with many analysts still warning that the broader structure points toward a developing bear market. Traders now find themselves at a pivotal juncture: is this the beginning of a sustained recovery, or merely a temporary rally before further downside? Related Reading: Bitcoin Exchange Reserves Fall To Lowest Levels on Record: The Bullish Signal Most Traders Are Missing According to a new CryptoQuant report, one of the most revealing indicators right now is Ethereum’s funding rate behavior across major exchanges. Unlike the explosive funding spikes seen during the two major rallies earlier this year, the current move shows a remarkably restrained funding environment. During those earlier surges, funding rates climbed aggressively into overheated territory, signaling euphoric long leverage and speculative excess — conditions that closely preceded short-term market tops. This time, however, funding remains far more subdued. The absence of aggressive long positioning suggests that the current rally is not being driven by excessive leverage, which gives the move a different character compared to earlier spikes. Whether this signals healthier accumulation or simply a lack of conviction remains the core question as Ethereum approaches the next decisive phase. Muted Funding Rates Highlight a Cautious But Potentially Constructive Rally The CryptoQuant report highlights that, unlike previous explosive rallies, Ethereum’s current funding rates remain unusually low, even after its sharp recovery from the $2.8K region. This subdued funding environment signals that the derivatives market is not yet saturated with speculative long positions. Buyers are stepping in, but modest leverage drives this move compared to past phases dominated by aggressive traders. Consequently, spot accumulation drives the current advance more than overheated futures activity. This difference carries important implications. Without a surge in speculative demand, Ethereum may struggle to ignite the kind of full bullish continuation leg seen in earlier breakout cycles. Historically, strong uptrends have required funding rates to expand meaningfully as traders chase price, forcing shorts to cover and fueling upward momentum. That behavior has not yet emerged in the current structure. However, this muted landscape is not inherently bearish. Instead, it reflects a recovering market, not an overextended one. This leaves Ethereum with room to climb further — if demand strengthens. At the same time, the lack of leverage means the rally remains vulnerable; strong resistance rejections could quickly weaken momentum unless fresh buyers step in. Related Reading: Ethereum Sees Largest Binance Inflow Since 2023 – Warning Sign? Testing Key Resistance as Momentum Builds Ethereum’s daily chart shows a notable shift in momentum as the price pushes toward $3,320, extending its rebound from the sub-$2,800 lows. This recovery phase has been steady rather than explosive, reflecting a market that is stabilizing but still facing key overhead challenges. The first major test is the 200-day moving average (red line), which ETH is now approaching after several weeks of trading below it. Historically, reclaiming this level has marked the transition from corrective phases into renewed bullish cycles, but a clean breakout is far from guaranteed. Related Reading: Smart Whales Align: Top Performers Go All-In On Ethereum Long Positions With Over $425M in Exposure The structure of the recent move highlights improving buyer confidence: ETH has formed a series of higher lows, indicating accumulation after the capitulation-like November drop. Although buyers are active, the relatively subdued volume profile suggests they lack broad-based conviction. A stronger influx of volume must flip the trend decisively bullish. The 50-day and 100-day moving averages remain above the current price and are both aligned downward, reinforcing that ETH is still technically in a broader downtrend. For momentum to extend, Ethereum must break above the $3,350–$3,400 resistance zone, where prior support turned into resistance. Featured image from ChatGPT, chart from TradingView.com

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 is facing a pivotal moment as it struggles to hold above the $4,400 level after several days of heavy volatility and persistent selling pressure. The market’s recent downturn has put bulls on the defensive, with the threat of a deeper correction looming if support levels give way. Despite the uncertainty, Ethereum continues to attract significant interest from large investors, reinforcing the narrative of long-term confidence in the asset. Related Reading: Ethereum Demand Stays Strong As Exchange Reserves Keep Falling – Details Capital rotation between Ethereum and Bitcoin remains one of the defining themes of this market cycle. While Bitcoin has shown signs of weakness following its recent highs, Ethereum has benefited as institutions and whales shift capital toward the second-largest cryptocurrency. This trend suggests that Ethereum’s role as a core market driver is becoming even more pronounced. According to the latest data from Santiment, Ethereum whales have added massive amounts of ETH to their portfolios in just the past 24 hours. Such aggressive accumulation highlights growing conviction among large players, even as retail investors show signs of fear. Whales Add $1.1B In Ethereum As Capital Rotates From Bitcoin Analyst Ali Martinez reports that whales purchased 260,000 ETH in the past 24 hours, valued at around $1.1 billion. This staggering figure is not just another sign of demand—it confirms a dynamic shift unfolding across the market, where smart money is rotating out of Bitcoin and into Ethereum. Despite the heavy volatility and recent pullback, Ethereum continues to display remarkable resilience compared to Bitcoin. While Bitcoin has been losing key support levels and showing signs of weakening momentum, Ethereum has managed to hold above critical structural demand zones. This divergence between the two leading assets underscores the increasing confidence institutions and whales are placing in Ethereum’s long-term potential. Whale accumulation on such a scale often precedes significant market moves, as large holders tend to position ahead of broader market participants. The inflow of $1.1 billion into ETH highlights that major players see value at current levels, even as the market consolidates. As capital rotation intensifies, Ethereum is reinforcing its position not only as the leading altcoin but as a market driver in its own right. Analysts suggest that this could set the stage for a decisive breakout in the weeks ahead, with ETH potentially outpacing Bitcoin’s performance if current trends continue. The coming days will reveal whether this whale-driven demand is enough to fuel Ethereum’s next major rally. Related Reading: Binance Network Activity Outpaces Ethereum As Active Addresses Double Since April Ethereum Price Analysis: Key Support Under Pressure Ethereum (ETH) is currently trading at $4,384, showing signs of consolidation after several days of volatility and selling pressure. The chart highlights that ETH is testing critical support levels, with the 200-day moving average (red line) around $4,236 acting as a major demand zone. Holding this level is crucial, as a breakdown could accelerate losses toward the $4,000 psychological mark. The 50-day (blue line) and 100-day (green line) moving averages are hovering slightly above price action, showing ETH struggling to reclaim momentum in the short term. Multiple rejections around the $4,600–$4,700 range over the past weeks reveal strong supply pressure, with sellers actively defending higher levels. Related Reading: Solana Investors Cash Out Nearly $1-B As SOL Tests Key Price Level Despite the current weakness, ETH has managed to hold a higher low structure compared to its July base near $3,500, which suggests the broader uptrend remains intact. However, trading volume has declined, signaling reduced conviction among bulls. For ETH to regain strength, it must reclaim the $4,500 level and flip it into support. Failure to do so leaves ETH vulnerable to further downside. In the short term, the $4,200–$4,250 region remains the line in the sand for bulls to defend. Featured image from Dall-E, chart from TradingView

Ethereum has faced selling pressure and heightened volatility in recent days, testing the resolve of investors after setting fresh all-time highs last Sunday. Since then, ETH has retraced more than 11%, slipping back to key demand levels that could determine its short-term trajectory. The sharp pullback has introduced renewed uncertainty into the market, with traders debating whether this correction signals a pause before another rally or the beginning of deeper downside. Related Reading: Bitcoin Index Highlights Two Accumulations And Five Distribution Waves This Cycle – Details Despite the recent weakness in price action, Ethereum’s fundamentals remain strong. On-chain activity continues to expand, highlighting the network’s resilience even as market sentiment wavers. Many analysts argue that this strength provides the foundation for a potential rebound, with ETH well-positioned to surge again once the market stabilizes. Top analyst Ted Pillows shared fresh data reinforcing this view, revealing that Ethereum Monthly Transactions have just hit a new all-time high. The milestone reflects not only sustained adoption but also growing usage of the Ethereum network across various applications, from DeFi to NFTs and beyond. For investors, this divergence between volatile price action and strong fundamentals suggests that Ethereum’s long-term trajectory remains intact, even as the market navigates its latest correction. Ethereum Fundamentals Strengthen As Transactions Hit Record High According to Pillows, Ethereum monthly transactions have just reached a new all-time high of 46,990,000, underscoring the network’s ability to scale and thrive in all market conditions. Even as ETH faces short-term selling pressure and volatility, this milestone highlights the underlying strength of Ethereum’s fundamentals. The surge in activity reflects continued adoption across DeFi, NFTs, and institutional-grade applications, proving that demand for Ethereum’s infrastructure remains robust. For Pillows, the data makes one thing clear: the recent bearish price action is little more than market noise. Ethereum has historically endured sharp retracements even during bullish phases, and this latest 11% pullback is consistent with prior consolidation patterns. Behind the scenes, large players are taking advantage of the volatility. Whales have been buying heavily, adding to positions while prices remain under pressure, a signal that confidence in Ethereum’s long-term trajectory remains intact. Global adoption further reinforces this narrative. With institutions, retail investors, and entire ecosystems increasingly relying on Ethereum for transactions and settlement, the network is cementing itself as the backbone of decentralized finance. Currently, ETH is holding a critical demand zone that could determine its path over the coming weeks. If support holds, the combination of record transaction activity, whale accumulation, and growing adoption may set the stage for Ethereum’s next major move upward, possibly toward another attempt at breaking past $5,000. Related Reading: Ethereum Exchange Reserves Decline – Strong Accumulation Signal Ethereum Holds Key Support Amid Volatility Ethereum is trading around $4,362 after several days of heightened volatility, with the 4-hour chart showing ETH holding above a critical support zone near $4,300. This level has become a battleground between buyers and sellers, as price retraced sharply from highs near $4,800 earlier this month. The chart highlights ETH trading just below the 50-day moving average at $4,558 and the 100-day at $4,490, both of which now act as resistance. Reclaiming these levels will be crucial for bulls to regain momentum and attempt another push toward $4,600 and ultimately the $4,800 zone. Until then, short-term sentiment remains cautious, as ETH consolidates below these key moving averages. Related Reading: Bitcoin Supply In Profit Hits Historical Threshold – Echoing Past Patterns On the downside, the $4,300 level is a critical line in the sand. A decisive breakdown could expose ETH to a deeper pullback toward $4,175, where the 200-day moving average sits. Holding above, however, would suggest that buyers are quietly absorbing selling pressure and preparing for another move higher. Ethereum remains in consolidation mode, with price action reflecting a tug-of-war between bearish momentum and strong demand at support. The next breakout from this range will likely dictate ETH’s trajectory into September. Featured image from Dall-E, chart from TradingView

Ethereum has once again taken center stage in the crypto market after surging to a new all-time high above the $4,900 level on Sunday. The rally, which pushed ETH into uncharted territory, highlighted the strength of bulls after weeks of steady institutional accumulation and market momentum. However, the price did not hold these highs for long. Ethereum has since retraced, dropping back to the $4,600 region, where bulls are now attempting to establish support before the next move higher. Related Reading: Ethereum Faces High-Risk Setup: Leverage-Driven Rallies Signal Volatility This pullback has sparked debate among analysts. Some view the retracement as a sign of a potential local top, cautioning that ETH may require a period of consolidation before another breakout attempt. Others, however, remain firmly bullish, pointing to strong fundamentals and growing institutional interest as signals that Ethereum’s rally is far from over. Adding weight to the bullish case, key on-chain data reveals that Binance whales continue to position themselves heavily in Ethereum. Large spot and futures orders attributed to these players have been flowing consistently, particularly after ETH confirmed its positive trend. This steady accumulation suggests confidence in Ethereum’s long-term trajectory, even as short-term volatility continues to shape the market’s direction. Binance Whales Accumulate Ethereum According to top analyst Darkfost, Ethereum’s Average Order Size on Binance chart provides clear insight into the behavior of different cohorts, distinguishing between retail investors and whales. Since July, a significant shift has taken place: whale activity on Binance has surged. This reflects a growing trend of large-scale accumulation, with whale-sized spot and futures orders continuing to flow into the market as ETH edges closer to the $5,000 mark. What makes this trend particularly noteworthy is the timing of whale participation. Unlike retail investors, who often try to buy early and ride potential upside, whales tend to prefer entering once a bullish trend has been confirmed. Darkfost highlights that this pattern is evident now, as whale orders began accelerating only after Ethereum reversed its earlier downtrend and regained strong bullish momentum. This validates the idea that large players seek reduced risk and clearer confirmation before allocating capital at scale. With both retail and institutional participants aligning, the coming weeks could be decisive in determining whether ETH firmly breaks into new price discovery. If whales continue to buy at this pace, Ethereum’s rally could extend far beyond its 2021 highs. Related Reading: Ethereum Upper Realized Band Signals Market Heat: Profit-Taking Zone Ahead? Testing Critical Support Level Ethereum (ETH) is currently trading around $4,598 after a sharp retracement from its new all-time high near $4,900. On the 4-hour chart, the structure shows that ETH is still maintaining a bullish trend, although momentum has cooled after last week’s explosive rally. The 50 SMA ($4,455) and 100 SMA ($4,435) are now converging just below current price levels, acting as immediate dynamic support. This cluster strengthens the bullish outlook as long as ETH can remain above it. A deeper drop toward the 200 SMA ($4,068) would signal a broader correction phase and potentially extend the consolidation before another push higher. Related Reading: Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In The recent pullback shows that sellers are active near the $4,900–$5,000 region, which now forms a critical resistance. A breakout above this level would open the path to uncharted territory and likely accelerate momentum, with targets potentially stretching toward $5,200 and beyond. On the downside, failure to hold the $4,450–$4,400 support area could shift sentiment bearish in the short term, with traders eyeing $4,200 as the next key demand zone. Featured image from Dall-E, chart from TradingView

Ethereum is undergoing a correction after weeks of strong momentum, but institutional adoption is quietly reshaping the market’s long-term dynamics. According to CryptoQuant, the popular “Crypto Treasury Strategy,” long associated with Bitcoin, has now entered the Ethereum ecosystem. Over 16 companies have already adopted this approach, collectively holding 2,455,943 ETH worth nearly $11.0 billion. This significant allocation has effectively locked away a sizable portion of ETH, reducing available supply on the open market. Related Reading: Ethereum Faces Historic Short Interest: Rally Could Trigger Massive Liquidations The treasury movement mirrors Bitcoin’s playbook, where corporations strategically accumulated BTC as a reserve asset. However, Ethereum presents important differences. Unlike Bitcoin’s hard-capped supply of 21 million, ETH has no fixed maximum. Instead, its supply dynamics are shaped by network activity and the burn mechanism introduced with EIP-1559. While these mechanics can create deflationary periods, Ethereum’s total supply still increased by about 1 million ETH (~0.9%) over the last year. This duality presents both opportunity and risk. On one hand, institutional holdings reduce liquid supply and reinforce Ethereum’s role as a strategic asset. On the other hand, variable issuance means that during periods of low network activity, supply growth could accelerate, diluting scarcity effects. As Ethereum tests key demand levels, the treasury strategy may prove pivotal in shaping its next major trend. Ethereum: Treasury Concentration And Leverage Risks According to CryptoQuant’s analysis, Ethereum’s recent treasury adoption trend carries both opportunities and risks. On one hand, institutional treasuries have locked away billions in ETH, reducing available supply on the market. However, the structure of these holdings also presents concentration risks. For example, BitMine Immersion Technologies, which has openly stated its goal of controlling 5% of all ETH, currently holds just 0.7%. The next largest holder, SharpLink Gaming, manages only 0.6%. This means treasury adoption is still concentrated among a few players. If one or two large holders were to offload their reserves, the market could face sharp price shocks. Beyond spot accumulation, leverage is another growing factor. CryptoQuant highlights that ETH futures open interest has climbed to around $38 billion. This level of leverage means that large swings in price can trigger cascading liquidations. In crypto markets, leverage is synonymous with volatility. The fragility of this setup was evident on August 14, when a wipeout of just $2 billion in open interest led to $290 million in forced liquidations and a 7% drop in ETH’s price. This event underlines how quickly things can spiral when liquidity is thin and leverage is high. Spot selling alone isn’t driving volatility—leveraged positions magnify every move. In this context, Ethereum’s treasury adoption may secure long-term demand, but concentrated holdings and growing leverage remain key vulnerabilities. Related Reading: Bitcoin Short-Term Holders Flip To Losses For First Time Since January ETH Testing Critical Liquidity Levels Ethereum’s price action on the 3-day chart shows that after rallying to a local high near $4,790, ETH entered a correction phase but remains well above key moving averages. Currently trading around $4,227, the price has retraced from its peak but is still holding the broader bullish structure. The 50-day SMA ($2,687), 100-day SMA ($2,838), and 200-day SMA ($2,912) are all trending upward, reflecting strong underlying momentum. Importantly, ETH is trading significantly above these long-term averages, confirming that the bullish trend remains intact despite the pullback. The strong bounce from below $3,000 earlier in the summer marked a decisive reversal after months of consolidation, setting the foundation for the latest breakout. Related Reading: Ethereum Hits $4,350 Liquidity Pool: Can Demand Hold? If bulls manage to hold the $4,200–$4,100 support zone, ETH could retest resistance near $4,790 and potentially move into price discovery. Conversely, failure to maintain this level could see a retest of the $3,800–$3,600 range. The coming sessions will be critical in confirming whether Ethereum resumes its uptrend or enters a deeper correction. Featured image from Dall-E, chart from TradingView

Ethereum is testing critical demand levels after a sharp pullback from its recent peak at $4,790. The correction has pushed ETH toward the $4,200 region, a level that bulls are now trying to defend. Despite strong momentum in recent weeks, selling pressure is mounting, and some analysts warn that Ethereum could face a deeper correction before finding solid ground. Related Reading: Bitcoin Short-Term Holders Flip To Losses For First Time Since January Yet, institutional accumulation continues to provide a strong counterforce. Data from Arkham Intelligence reveals that two whale accounts bought nearly $200 million worth of Ethereum over the past 24 hours. These new players are part of a broader trend of institutional investors and large funds aggressively adding ETH to their treasuries. The scale of these purchases signals growing confidence in Ethereum’s long-term prospects, even as short-term volatility tests market sentiment. Such whale accumulation often reflects strategic positioning ahead of potential rallies, reinforcing Ethereum’s status as a cornerstone of the broader crypto market. Ethereum Whale Accumulation Signals Growing Institutional Confidence According to Arkham, two fresh whale addresses have just purchased a combined $192 million worth of Ethereum from Bitgo, raising eyebrows across the market. The wallets, 0xEC9A7e7D864bD598d0F0F00d8D397E83171c52De and 0x728e79933070e44273Eb23bD0aB937565f41777d, executed these massive buys in what analysts see as part of a broader institutional accumulation trend. The timing has sparked speculation from Arkham — what do these players know that the retail market may be missing? The rise of Ethereum as a treasury reserve asset is quickly becoming a reality. Similar to the Bitcoin corporate adoption wave that began with MicroStrategy, institutional players are now openly adding both Bitcoin and Ethereum to their balance sheets. This shift signals that global adoption is accelerating, with Ethereum recognized not only as a smart contract and DeFi backbone but also as a strategic long-term store of value. These latest whale purchases reinforce the idea that institutional money is here to stay, even as ETH faces short-term volatility. With exchange supply steadily declining and OTC liquidity thinning out, every major accumulation adds pressure to the supply side, making ETH structurally bullish in the long run. Related Reading: Bitcoin 30-Day CDD Down: Market Absorbs LTH Selling Without Breaking Support Price Action Details: Testing Demand Ethereum (ETH) is currently trading at $4,222, showing signs of stabilization after a sharp retracement from the recent $4,790 high. On the 4-hour chart, ETH is attempting to hold above the green 100-day moving average (around $4,180), a key support level that could determine short-term direction. The rejection near $4,800 marked a local top, followed by sustained selling pressure that pushed ETH below the 50-day moving average (blue line). This signals fading momentum in the short term, with bears attempting to gain control. However, the current bounce from the 100-day MA suggests that bulls are still defending critical support zones. Related Reading: Ethereum Faces Historic Short Interest: Rally Could Trigger Massive Liquidations Volume has spiked during the decline, reflecting aggressive selling but also significant absorption from buyers. If ETH holds the $4,200–$4,180 range, a potential recovery toward $4,400–$4,500 could play out in the coming sessions. On the other hand, failure to defend this level could open the door for a deeper correction toward $3,950–$3,900, aligning with the 200-day MA (red line). Featured image from Dall-E, chart from TradingView

Ethereum has entered a volatile phase after reaching a multi-year high near $4,790, retracing sharply to the $4,200 level. The correction represents an 11% decline in just a few days, shaking out overleveraged positions and fueling debates among analysts about ETH’s next move. Related Reading: Ethereum Demand Grows As ETFs Break Records With $2.85B Weekly Inflow Some market watchers warn that Ethereum could face a deeper pullback if the $4,200 level fails to hold as support. A breach here could send ETH lower, with traders eyeing the $3,900–$4,000 zone as the next major demand area. This cautious perspective highlights that momentum may be fading after the strong parabolic rally since mid-July. However, a different narrative is emerging. Many analysts argue that Ethereum has already flushed out excess leverage during this drawdown, setting the stage for renewed strength. With demand from institutional flows, strong ETH ETF inflows, and continued whale accumulation, bullish voices believe ETH is preparing for another leg higher — potentially toward new all-time highs above $4,900. Ethereum Grabs Liquidity At Key Price Level Top analyst Ted Pillows recently shared Ethereum’s liquidity heatmap, highlighting the $4,350 zone as a critical level where major liquidity was taken. According to Pillows, this move will determine whether Ethereum can stabilize and build a stronger base for its next rally. He poses the essential question: Will $4,350 be enough for ETH to hold? In the short term, the $4,350 zone now acts as an important pivot. If ETH maintains this level, it could serve as a launchpad for another push toward $4,800 and eventually beyond $5,000. However, a failure to hold could see price retest deeper supports near $4,000, which would prolong consolidation before any further breakout. Supply on exchanges is declining, signaling strong accumulation and reduced selling pressure. Institutional adoption is rising, with ETFs attracting record inflows and major companies adding ETH to their treasury strategies. Regulatory clarity in the US has improved, easing concerns for large-scale investors and legitimizing ETH as a core asset. With these drivers in place, Pillows and many others believe that Ethereum is on a clear path to set new all-time highs above $5,000, once the current volatility settles. The market may be turbulent in the coming weeks, but the broader trajectory still points higher. Related Reading: Bitcoin 30-Day CDD Down: Market Absorbs LTH Selling Without Breaking Support Weekly Chart Analysis: Consolidation Below Resistance Ethereum’s weekly chart shows a decisive pullback after touching $4,790, with the price now retracing to around $4,270. The move represents an 11% decline from the recent peak but comes after an explosive rally that pushed ETH above long-term moving averages, highlighting a shift in market momentum. The 50-week moving average sits at $2,811, while the 100-week and 200-week averages are clustered near $2,788 and $2,443, respectively. ETH’s distance above these levels reflects strong bullish momentum, as the asset remains well supported by its higher trend structure. Historically, when Ethereum trades significantly above these averages, corrections tend to be part of a healthy consolidation before resuming upward movement. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records Long-term investors may interpret the retracement as a reset of overextended conditions, potentially preparing ETH for another leg higher. If Ethereum stabilizes here, a retest of $4,790 and eventual breakout toward new all-time highs above $5,000 remains a plausible scenario in the coming months. Featured image from Dall-E, chart from TradingView

Ethereum is once again in the spotlight as it battles volatility after breaking multi-year highs and testing heavy resistance just below $4,800. The rally has brought ETH within striking distance of new records, but the retrace shows that sellers are not giving up easily at these critical levels. Despite the pullback, institutional demand continues to surge at an unprecedented pace, providing strong support for the asset’s long-term outlook. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records In recent weeks, Ethereum ETFs have reported massive inflows even as price action consolidates, signaling that large-scale investors remain confident in further gains. At the same time, public companies are beginning to follow a Bitcoin-style playbook, adopting Ethereum in their treasury strategies. This combination of ETF inflows and corporate accumulation represents a structural shift in ETH’s market dynamics, tightening supply and reducing sell pressure across major exchanges. For traders and investors alike, the key question now is whether Ethereum can sustain momentum and push beyond the $4,900 barrier into uncharted territory. With demand growing from both institutions and companies, the setup remains bullish, but volatility is expected to persist as the market digests these historic moves. The next breakout could define ETH’s trajectory for the rest of the cycle. Ethereum ETF Inflows Signal Strong Institutional Demand According to top analyst Ted Pillows, Ethereum ETFs just set a historic milestone, smashing records with $2.85 billion in inflows last week. This remarkable demand comes at a time when ETH is consolidating after breaking above multi-year highs. While the market is undergoing what Pillows calls a “healthy correction,” the broader trend remains firmly pointed upward. In his view, the sheer scale of institutional buying confirms that Ethereum is heading higher, with growing evidence that ETFs are reshaping the demand and supply dynamics of the market. Despite this bullish backdrop, Pillows also highlights that volatility is likely to persist. Bitcoin has shown signs of indecision, struggling to sustain momentum above all-time highs. This has created mixed sentiment across altcoins, many of which are facing uncertainty and fragmented capital flows. For Ethereum, however, the ETF-driven accumulation acts as a stabilizing force, cushioning pullbacks and supporting the ongoing trend. Onchain data further validates Pillows’ outlook, with exchange supply steadily declining and OTC reserves tightening as institutional participants step in at scale. The implication is clear: selling pressure from short-term traders is being absorbed by longer-term, high-conviction buyers. While short-term volatility may test market nerves, the overarching structure signals strength. In Pillows’ words: ETH remains on track for higher levels. Related Reading: Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases Price Consolidates Below Key Level Ethereum’s weekly chart highlights a decisive move after breaking through multi-year resistance levels, with ETH currently trading near $4,423. The rally peaked at $4,792, just short of the $4,800 psychological barrier, before retracing slightly. This rejection shows that bulls face strong resistance near prior highs, yet the overall trend remains firmly bullish. The price is holding well above key moving averages—the 50-week, 100-week, and 200-week SMAs—indicating sustained momentum and healthy market structure. The 200-week SMA around $2,442 now acts as a long-term foundation, while the 50-week SMA near $2,771 has flipped into strong support, highlighting how the market has shifted from a prolonged accumulation to an expansion phase. Related Reading: Bitcoin STH SOPR-7d Signals Healthy Demand: Market Absorbs Selling Pressure Volume spikes during the breakout confirm significant demand, suggesting institutional players and ETFs continue to accumulate. Despite the retracement from $4,792, price action remains constructive, consolidating above $4,400 while buyers defend critical zones. If ETH manages a clean breakout above $4,900, it would enter uncharted territory, likely accelerating toward new price discovery. Featured image from Dall-E, chart from TradingView

Ethereum has surged to multi-year highs around $4,700, marking its strongest level since November 2021 and putting it within striking distance of its all-time high near $4,860. The rally has placed ETH on the verge of a price discovery phase, something the market hasn’t experienced in years. If bulls manage to push decisively beyond this key resistance, Ethereum could enter uncharted territory, with momentum potentially accelerating as traders and institutions pile in. Related Reading: Alameda Research Unlocks $35M In Solana After 4 Years – Imminent Distribution? Fueling this bullish scenario is data from CryptoQuant showing Ethereum’s 30-day Simple Moving Average (SMA30) for exchange netflows at -40,000 ETH. This sustained negative reading means that, on average, 40,000 ETH per day have been withdrawn from exchanges over the past month. Negative netflows indicate stronger buying pressure, as tokens moved off exchanges are typically held in private wallets or deployed in staking and DeFi protocols — reducing the immediate sell-side supply. The combination of a historically tight supply, strong on-chain accumulation, and technical strength near all-time highs has set the stage for a pivotal breakout. For traders, the coming sessions could determine whether Ethereum cements its status as the market leader in this cycle, or if it will face another round of consolidation before making its move into price discovery. Ethereum Exchange Outflows Signal Strong Buying Pressure According to top analyst Burak Kesmeci, Ethereum has seen 1.2 million ETH withdrawn from exchanges in just one month, marking one of the most significant accumulation trends in recent history. While headlines often highlight single-day spikes — like “100,000 ETH withdrawn from exchanges!” — Kesmeci stresses that these snapshots can be misleading. The real insight comes from observing sustained trends over time. The Ethereum All Exchanges Netflow metric tracks the balance of inflows and outflows across all exchanges. Positive values represent ETH inflows, which can signal potential selling pressure as coins move onto exchanges. Negative values represent outflows, typically a sign that buying pressure dominates, as investors transfer coins to private wallets, staking contracts, or DeFi protocols. In 2025, the SMA30 (30-day Simple Moving Average) of netflows has been firmly in negative territory, strengthening in recent weeks. As of August 12, 2025, the SMA30 stands at -40,000 ETH, meaning an average daily outflow of 40,000 ETH over the past month. This level of sustained withdrawal indicates strong conviction among holders. As long as the SMA30 remains negative, Ethereum’s uptrend is likely to continue. A shift to positive territory could signal easing demand, but for now, the momentum remains firmly with the bulls. This trend reinforces the view that ETH’s rally still has room to run in the short term. Related Reading: Bitcoin Realized P&L Ratio Signals Sustainable Rally: Reversal Risk Remains Low Price Action Details: Closing In On All-Time Highs Ethereum (ETH) is trading at $4,691 on the weekly chart, posting a sharp 10.34% gain as bullish momentum accelerates. This rally has pushed ETH to its highest level since November 2021, bringing it within reach of its all-time high near $4,860. The breakout from the $3,860 resistance zone earlier this month was decisive, supported by strong volume, and now serves as a key support level. Technical indicators show ETH well above its 50-week SMA ($2,776), 100-week SMA ($2,763), and 200-week SMA ($2,443), confirming a robust long-term uptrend. The slope of the 50-week SMA is turning sharply upward, reflecting the speed of recent gains. Related Reading: Bitcoin Open Interest Flips Negative After July Peak – Risk Appetite Cools If bulls can maintain momentum and break through $4,860, ETH would enter price discovery for the first time in nearly four years, potentially triggering an acceleration in buying activity. However, the $4,700–$4,860 range remains a historically significant resistance zone, and profit-taking could cause short-term pullbacks. 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

Institutional demand for Ethereum appears strong as spot exchange-traded funds (ETFs) have recorded seventh-straight week of inflows. US Ethereum Spot ETFs Have Recently Seen Continuous Inflows In a new post on X, the analytics firm Glassnode has shared an update on how the netflow related to the US Ethereum spot ETFs is looking. Spot ETFs are investment vehicles that allow investors to gain exposure to a given cryptocurrency without having to directly own tokens of it. Related Reading: Ethereum At Risk? If $2,200 Cracks, $1,160 May Be Coming These ETFs trade on traditional platforms, so traders taking this route don’t have to bother with digital asset exchanges and wallets. For investors only familiar with the traditional mode, this fact can make the ETFs the preferrable mode of investment. The US Securities and Exchange Commission (SEC) approved spot ETFs for Ethereum in mid 2024, half a year after Bitcoin’s approval went through near the start of the year. Below is the chart shared by Glassnode that shows how the aggregate netflow has been like for the US ETH spot ETFs during the past few months. As is visible in the graph, the Ethereum spot ETFs saw outflows earlier in the year, but the trend has been different since the final third of April. Save for a week in May, a net amount of capital has been pouring into these investment vehicles. “As ETH rebounded from $2.2K to $2.5K, institutional appetite followed,” notes Glassnode. “Spot ETH ETFs recorded 106K ETH in net inflows last week – marking the 7th consecutive week of positive flows.” Ethereum isn’t the only cryptocurrency that has recently been enjoying ETF inflows. As the analytics firm has pointed out in another X post, the number one digital asset, Bitcoin, is also seeing demand pick up. As displayed in the above chart, Bitcoin has also been seeing a green netflow for the US spot ETFs, but due to a week of outflows in early June, the streak only stands at three weeks for the asset. During the latest week, around 15,000 BTC flowed into the ETFs. In USD terms, that’s equivalent to $1.6 billion. For comparison, inflows amounted to $258.6 million for Ethereum. Clearly, while both have seen demand, there is a clear difference of scale involved between the two. Related Reading: Dogecoin Under Pressure: Only Top 10 Coin Where Loss-Taking Exceeds Profit From the graph, it’s apparent that the US Bitcoin spot ETFs saw an acceleration of demand over the course of June. It only remains to be seen, though, whether the trend would keep up in this month of July. ETH Price Ethereum crossed the $2,500 level earlier, but it seems the coin has since faced a pullback as its price is back at $2,400. Featured image from Dall-E, Glassnode.com, chart from TradingView.com

Ethereum has dropped 17% since Friday, breaking down from the long-standing range that held firm since early May. The sharp sell-off came after news broke of US airstrikes targeting Iranian nuclear facilities, sending shockwaves across global markets and sparking panic selling in risk assets. ETH was no exception, plunging below multiple support zones before finding a temporary floor at $2,100. Related Reading: Solana Cracks Below Key Structure – Head And Shoulders Breakdown Points To $106 This level served as a critical demand area, and Ethereum has since managed to bounce, offering bulls a glimmer of hope in an otherwise uncertain market. However, the breakdown of the previous trading range indicates that momentum has clearly shifted in favor of the bears. According to top analyst Ted Pillows, Ethereum must reclaim the top of the former range to signal that the downside move was a deviation rather than a full breakdown. As investors digest the growing geopolitical risk and continue to react to macroeconomic pressures such as persistent inflation and hawkish Federal Reserve policy, Ethereum’s path forward remains uncertain. Still, the bounce from $2,100 provides a chance for bulls to reestablish control—if they can push the price back above key resistance levels in the sessions ahead. Ethereum Holds Support But Bears Still in Control Recent price action has taken a heavy toll on altcoins, with Ethereum leading the downturn as most assets fall to lower demand levels. Since reaching its early June high, Ethereum has shed over 26% of its value, now trading under intense bearish pressure. Despite the decline, bulls have managed to defend the critical $2,100 support level, providing a temporary floor in an otherwise fragile environment. Geopolitical instability—particularly the escalating conflict between the US, Israel, and Iran—continues to add volatility and risk aversion to the market. Investors remain cautious, with the broader macroeconomic backdrop dominated by high US Treasury yields, stubborn inflation, and a hawkish Federal Reserve. These factors have put additional weight on the crypto sector, especially on Ethereum, which is widely seen as the main catalyst for a potential altseason that has yet to materialize. Ted Pillows notes that Ethereum recently tested the $2,100 support and successfully bounced. However, he emphasizes that the price must reclaim the top of its previous range to regain bullish momentum. If ETH fails to break and hold above the $2,350 range low, it risks a deeper move toward the start of the previous impulse leg—or worse. The coming days will be critical for Ethereum. Reclaiming lost levels would indicate strength and possibly kick off the long-awaited altcoin rotation. But continued rejection could signal more downside ahead, with sentiment already fragile and demand still lacking. Until clarity returns, Ethereum remains in a decisive phase where every candle matters. Related Reading: Ethereum Weekly Chart Nears Tower Top Formation As US Launches Attack On Iran – Details ETH Price Analysis: Breakdown Below Key Structure Ethereum (ETH) has sharply declined, with the price now sitting around $2,248. This move marks a confirmed breakdown from the key range between $2,320 and $2,850, which had been holding since early May. The rejection from the upper resistance zone near $2,850, combined with high-volume selling, indicates clear bearish momentum. The current candle structure on the 3-day timeframe shows strong downward pressure, especially as ETH failed to hold above the 100-day and 200-day moving averages (currently at $2,638 and $2,776, respectively). These levels now act as dynamic resistance, adding more weight against any short-term bullish reversal attempts. ETH is also trading well below the 50-day moving average at $2,265, a level that has historically acted as a short-term directional signal. Unless price reclaims and consolidates above that zone, the bearish trend could continue toward the $2,000–$2,100 support cluster—an area that previously sparked buying interest during March’s recovery. Related Reading: Tron Energy Usage Surges 108% – Smart Contract Activity Accelerates Volume has spiked significantly on this drop, suggesting panic selling rather than a controlled correction. For bulls to regain control, ETH must reclaim the range low at $2,320 quickly. Otherwise, downside pressure could continue to dominate in the near term. Featured image from Dall-E, chart from TradingView

Ethereum is experiencing increased volatility as it consolidates just below the key $2,700 resistance level. Despite several attempts to break above it in recent weeks, ETH has yet to secure a daily close above this threshold, making it a crucial battleground for bulls and bears alike. The broader market remains uncertain, but Ethereum’s fundamentals continue to show strength beneath the surface. Related Reading: Ethereum Tests Key Weekly Resistance – Analyst Sets $4K Target If ETH Breaks Out Top analyst Ted Pillows shared compelling insights on X, highlighting that Ethereum’s daily gas usage has been climbing steadily since 2016. This long-term rise suggests that Ethereum’s network activity is not just driven by short-term speculation or hype, but by real and growing demand. It’s a sign that users, developers, and applications are increasingly relying on ETH as the backbone of Web3 infrastructure. Ethereum’s ability to maintain this level of on-chain usage through bear and bull markets reinforces its role as the foundation of decentralized finance, NFTs, and smart contracts. While short-term price action remains capped below $2,700, the underlying demand tells a bullish story. If ETH can break above this level with conviction, it may signal the beginning of a broader move to retest higher resistance levels. Ethereum Fundamentals Are Strong As It Prepares For A Move Ethereum is facing a critical test as it consolidates below major resistance, struggling to reclaim key levels above the $2,700 mark. Bulls have maintained strong support over the past few sessions, but momentum has yet to trigger a breakout. As global tensions remain high and US Treasury yields continue to rise, risk assets—including cryptocurrencies—are under pressure. However, Ethereum appears poised for an expansive move, with technical and on-chain data supporting a potential breakout. Pillows highlighted that Ethereum’s daily gas usage has continued to climb steadily since 2016, reinforcing the view that ETH demand is structural and not just a product of market hype. This metric serves as a proxy for real activity on the Ethereum network, suggesting that despite short-term price hurdles, usage and value creation persist. Pillows believes this persistent demand positions ETH for a strong recovery once key technical levels are breached. Sentiment across the broader crypto space is gradually shifting bullish, especially with Bitcoin hovering near its all-time high. If Ethereum can reclaim and close above the $2,700–$2,800 resistance zone, it could open the door for a sharp rally toward $3,000 and beyond. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus ETH Consolidates Below Key Resistance Ethereum is currently trading at $2,617, consolidating just below the critical $2,700–$2,800 resistance zone. This area has acted as a major barrier since early February, and despite several breakout attempts, ETH has failed to close above it with strong conviction. The chart shows a clear bullish structure, with the price holding above key moving averages: the 34 EMA at $2,366, and the 50, 100, and 200 SMAs all trending upward and providing layered support between $2,070 and $2,690. The recent consolidation comes after a strong rally in May that pushed ETH above its 200-day SMA for the first time in months, signaling a major shift in momentum. However, volume has started to taper off slightly, which could indicate hesitation from bulls at current levels. A decisive daily close above $2,800 would likely confirm the breakout and open the door for a move toward the $3,000–$3,200 range. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg Until then, the price remains range-bound, with $2,550 acting as near-term support. If ETH can maintain this level and continue forming higher lows, the bullish thesis remains intact. All eyes are now on whether Ethereum can break through the ceiling that has capped it for weeks, and potentially kickstart a broader altcoin rally. Featured image from Dall-E, chart from TradingView

Ethereum is currently trading above the $1,800 mark, holding strong after weeks of volatility but struggling to reclaim the critical $2,000 resistance level. Bulls have managed to push prices higher, yet momentum must continue building for a full breakout. Analysts are closely watching Ethereum’s movements, noting that the market is preparing for a decisive move that could shape the coming weeks. Global macroeconomic tensions remain a challenge, but optimism is growing across crypto markets. Related Reading: Ethereum Shows 4H Bearish Divergence – Can Bulls Hold $1,750? Top analyst Daan shared insights revealing that ETH is still consolidating within its current range against Bitcoin (BTC). According to his analysis, he’s watching the local range high around the 0.02 BTC level closely. A successful break above this key range could signal a major shift in market dynamics, potentially sparking a multi-week decline in Bitcoin dominance led by Ethereum. This would likely trigger an increased risk appetite toward altcoins, as investors rotate capital away from Bitcoin and into higher-risk assets. For now, Ethereum continues to move within its range, and bulls must act fast to reclaim momentum. If ETH can push through these resistance levels, the stage would be set for a major rally across the altcoin sector, with Ethereum leading the charge. Ethereum Battles Resistance As Bulls Aim For Breakout Against BTC Ethereum is trading at a critical level, and all eyes are on whether bulls can reclaim higher supply zones to confirm a bullish reversal. After recovering strongly from local lows, ETH has begun forming a bullish structure in low time frames. However, persistent selling pressure still threatens to invalidate this structure unless buyers step in with strength. Momentum has shifted, and many analysts expect a decisive move soon—but there’s also caution, with some warning that a failed breakout could drag Ethereum back to the $1,500–$1,600 demand zone. Daan shared a key perspective on Ethereum’s performance relative to Bitcoin. He noted that ETH/BTC is still consolidating within a defined range, with the local range high near 0.02 BTC acting as the most important resistance. A successful breakout above this level would likely trigger renewed interest in altcoins and could mark the start of a Bitcoin dominance downtrend led by ETH. According to Daan, such a move would increase risk appetite across the board. However, he also warns that if ETH loses the 0.0185 BTC level, it could confirm a continuation of the current downtrend. For now, Daan is closely watching how the range develops. A confirmed breakout followed by a structure flip would offer a much clearer bullish signal. Related Reading: Solana Forms Textbook Cup And Handle Pattern – Massive Breakout Ahead? Ethereum Consolidates As Bulls Eye Critical Breakout Ethereum is trading at $1,830 after spending several days consolidating within a tight range between $1,850 and $1,750. This narrow trading channel has kept price action muted, but it also signals that a decisive move could be approaching. Analysts agree that whichever side breaks out first will likely set the tone for Ethereum’s price action over the coming weeks. Bulls have managed to defend the $1,750 support multiple times, but their real challenge lies ahead: reclaiming the $2,100–$2,000 zone. This range is seen as critical for reversing the broader downtrend and establishing a more sustainable recovery rally. A strong breakout and daily close above $1,850 would be an encouraging signal, but failure to follow through could quickly lead to another leg down. Related Reading: Solana Will Face A Pivotal Moment In May – Bear Market Bounce Or Bull Market Dip? On the bearish side, if Ethereum fails to hold the $1,800–$1,750 range and experiences a false breakout above $1,850, it could trigger a deeper correction toward the $1,600 or even $1,500 level. Traders and investors are watching closely, as the coming days could mark a major turning point for Ethereum’s medium-term structure. Featured image from Dall-E, chart from TradingView

Ethereum is trading above the $1,500 mark after a week of heightened volatility and continued global trade uncertainty. Macroeconomic tensions — driven by tariffs, shifting policies, and weakened investor sentiment — continue to weigh heavily on crypto markets. Despite the recent bounce, Ethereum’s price action still hints at a broader downtrend, with bulls struggling to reclaim key resistance levels that could trigger a meaningful recovery. Related Reading: Dogecoin Whales Buy 800 Million DOGE in 48 Hours – Smart Money Or Bull Trap? However, there are signs of potential strength ahead. If bulls manage to push ETH above immediate resistance zones, a bullish momentum shift could emerge. Market watchers are closely monitoring cost basis levels to identify where strong demand may resurface. According to data from Glassnode, Ethereum’s Cost Basis Distribution reveals three key price clusters likely to shape short-term action. Among them, the $1,546 level stands out as the most significant, with 822,440 ETH previously accumulated in this range. A successful hold or breakout above this zone could provide a solid foundation for a larger recovery. For now, Ethereum’s outlook remains cautiously neutral, with bulls needing to reclaim higher levels to shift sentiment and challenge the broader downtrend. Ethereum Key Cost Basis Levels Could Define Price Action Ethereum has lost over 50% of its value since early February, setting the stage for a challenging but potentially pivotal recovery phase. After months of heavy selling pressure, ETH is now trading just above the $1,500 mark, a zone that could serve as a springboard if bullish momentum builds. While the broader market has shown signs of recovery, Ethereum’s underwhelming price action continues to test investor patience. Still, analysts believe a recovery rally is possible, especially if macroeconomic sentiment improves. Persistent global trade tensions, ongoing tariff battles, and US foreign policy shifts continue to inject volatility into financial markets. These factors have suppressed demand for risk assets like Ethereum, but some believe that the worst may be behind. Glassnode’s on-chain data offers a more detailed look at Ethereum’s short-term outlook. According to their Cost Basis Distribution analysis, three price clusters are likely to shape ETH’s near-term price action. Around $1,457, roughly 408,000 ETH were previously accumulated. At $1,546, over 822,000 ETH sit, making it one of the most critical levels. Finally, approximately 725,000 ETH were acquired around $1,598. These clusters reflect areas of high on-chain activity and are expected to act as support or resistance zones during the current phase of price consolidation. A breakout above the $1,600 level could trigger a more significant move toward $1,800 and beyond. For now, Ethereum’s price remains range-bound, but market participants are watching these levels closely for signs of a decisive shift. Related Reading: Ethereum Metrics Reveal Critical Support Level – Can Buyers Step In? ETH Faces Crucial Resistance As Bulls Fight to Regain Momentum Ethereum is currently trading at $1,580 after failing to break above the $1,700 resistance level, signaling that bullish momentum remains weak. Despite a brief recovery from recent lows, ETH has struggled to reclaim higher ground, and key resistance levels continue to weigh on price action. For bulls to confirm the start of a true recovery phase, Ethereum must push above the 4-hour 200 MA and EMA, both hovering around $1,820. A decisive move above these indicators would indicate renewed market confidence and open the door for a push toward critical demand levels around $2,000. However, the risk of further downside remains. If Ethereum loses the $1,500 support level, selling pressure could accelerate, potentially driving the price below the $1,400 mark. This zone served as a key level in early 2023 and could be retested if bearish momentum builds. Related Reading: Dogecoin Gears Up For A Breakout To $0.29: Can Bulls Hold Key Support? With macroeconomic uncertainty and trade tensions still dominating the narrative, investors remain cautious. The next few trading sessions will be critical for ETH, as it hovers between potential recovery and the threat of renewed decline. Traders should watch for volume spikes and reaction around the $1,700 and $1,500 zones to assess the next move. Featured image from Dall-E, chart from TradingView 

Ethereum (ETH) has faced massive selling pressure and volatility over the past month as the crypto market trends downward, pushing ETH toward crucial demand levels. With uncertainty gripping the market, analysts expect even more volatility in the coming days as traders react to major developments in the crypto space. Related Reading: Bitcoin Could Could Gain Momentum For A Move To $150,000 If Bulls Reclaim This Level – Details According to White House Crypto and AI czar David Sacks, President Donald Trump signed an executive order on Thursday to establish a Strategic Bitcoin Reserve. This unexpected move has sparked renewed speculation about how government involvement in crypto could impact broader market trends. Despite the chaos, Ethereum has managed to hold the key $2,000-$2,100 support zone, a crucial level that traders are watching closely. Top analyst Daan shared insights on X, highlighting that ETH has so far defended this major demand level despite the extreme volatility. The next few trading sessions will be pivotal, with Ethereum hovering near a critical price range. If ETH can hold support and regain momentum, a reversal could be on the horizon. However, failure to maintain these levels could trigger another wave of selling, deepening the current market correction. Ethereum Faces A Crucial Test The market enters a critical moment. Ethereum’s price has lost over 50% of its value since late December, sparking massive fear and panic selling. The steep decline has left many investors questioning whether the long-awaited alt season will even happen this year, as Ethereum and most altcoins struggle to reclaim bullish momentum. With ETH failing to establish a strong uptrend, analysts remain divided on whether a recovery is possible in the near term. Some believe that the current price action signals deeper weakness, suggesting that Ethereum could face further downside before seeing any meaningful reversal. Others, however, see potential for a rebound, especially as ETH continues to hold key demand zones. Daan’s technical analysis on X points out that Ethereum has managed to hold critical demand as a good sign amid recent market dynamics. This support, around $2,000, has been tested multiple times and remains a crucial area for bulls to defend. Daan also noted that Ethereum has formed a higher low on lower timeframes, indicating a possible reversal if momentum builds. He emphasized that for ETH to regain bullish structure, it needs to break above $2,300 and fill the inefficiency left from Monday’s full retrace. A decisive move above this level would confirm strength and could trigger a push toward higher price targets. Related Reading: Dogecoin Indicator Flashes A Buy Signal On The 4-Day Chart – Is DOGE Gearing Up For A Rebound? While Ethereum’s outlook remains uncertain, its ability to hold key levels suggests that a recovery is still possible. The next few trading sessions will be critical in determining whether ETH can reclaim bullish momentum or continue to struggle amid broader market weakness. ETH Price Action: Technical Levels Ethereum has entered an intense phase where uncertainty dominates price action and speculation drives market sentiment. With traders searching for direction, ETH is currently trading at $2,200, having established key support above $2,000. However, this level remains fragile, and bulls must continue to defend it to prevent further downside. For Ethereum to confirm a recovery rally, it needs to push above $2,500, reclaiming lost ground and shifting momentum back in favor of buyers. A move above this level would signal renewed strength, potentially setting ETH up for a strong rebound. However, until bulls break past resistance levels, ETH remains in a high-risk zone where volatility can drive price swings in either direction. The $2,000 support zone remains the key factor in determining Ethereum’s fate for the coming year. If ETH holds this level, it could serve as a foundation for long-term growth. However, if it breaks down, selling pressure could intensify, leading to a prolonged bearish trend. Related Reading: Whales Bought 420 Million Cardano After Trump’s U.S. Strategic Crypto Reserve Announcement – Insights With Ethereum trading at a pivotal moment, the next few weeks will be crucial in shaping its market trajectory. Whether ETH sees a breakout or another decline depends on how well bulls can defend key support zones. Featured image from Dall-E, chart from TradingView

Ethereum is trading below the $2,300 mark after failing to hold key demand levels last week. The price has faced intense selling pressure, fueling concerns among investors that ETH may not see a strong bull market ahead. Market sentiment remains uncertain as Ethereum struggles to reclaim lost ground, with analysts divided on whether the correction will continue or if a recovery is on the horizon. Related Reading: Whales Add 190,000 Ethereum In The Last 24 Hours – The Accumulation Continues A technical perspective suggests that ETH may still have a chance to bounce back. Crypto analyst Ali Martinez shared an analysis on X, noting that if Ethereum holds above the $2,200 level, it could set up for a rebound toward $2,500. Martinez highlights that Ethereum is trading near a crucial support level, which historically has triggered strong upward moves. Bulls must defend the $2,200 mark to prevent further declines, while reclaiming $2,500 would signal strength and a potential trend reversal. However, continued weakness could lead to another wave of selling pressure, pushing ETH even lower. Investors remain cautious as they await confirmation of Ethereum’s next move in this volatile market. Ethereum Faces A Critical Test Ethereum has been struggling under heavy selling pressure and negative sentiment, leading to extreme speculative activity favoring bearish futures positions. The uncertainty surrounding ETH’s price action has fueled doubts about its ability to recover in the short term. Related Reading: Dogecoin Holds Critical Support Level – Can Bulls Reclaim $0.25? Since late December, Ethereum has lost 49% of its value, and investor sentiment remains in despair as the price fails to reclaim key resistance levels. Many traders have started to position themselves for further downside, reinforcing the bearish outlook in the market. However, some analysts still believe that Ethereum could soon stage a rapid recovery. Ethereum is approaching a critical inflection point where a decisive move could determine the asset’s next trend. This perspective aligns with the few optimistic analysts who argue that Ethereum’s rally, when it starts, will be aggressive. Historically, ETH has exhibited sharp rebounds following prolonged periods of downside pressure, and if the broader market conditions improve, the same could happen again. For now, investors remain cautious, closely watching Ethereum’s ability to defend the $2,200 support level and looking for signs of renewed strength. Price Struggles Below $2,500 Ethereum is trading at $2,222 after struggling for days to reclaim higher prices. The price has been under intense selling pressure, and investor sentiment remains bearish as ETH fails to establish a strong support zone. ETH bulls lost control last Monday when the price started to decline rapidly, leading to a sharp 26% correction in less than five days. This sell-off wiped out key support levels, leaving Ethereum in a vulnerable position. For Ethereum to regain momentum, bulls must push the price above the $2,500 level. Reclaiming this mark would signal strength and potentially trigger a recovery rally. However, without a strong push from buyers, ETH could remain stuck in a slow consolidation phase below $2,500. This would likely lead to prolonged indecision in the market, making it difficult for traders to establish clear positions. Related Reading: Is Solana In A Macro Trend Move? Charts Show Potential Shift If ETH fails to reclaim $2,500 soon, the market could see continued weakness, with sellers dominating price action. On the other hand, if Ethereum manages to hold above the $2,200 mark and build support, the possibility of a strong rebound remains on the table. The next few days will be crucial as investors watch for signs of a potential trend reversal or further downside movement. Featured image from Dall-E, chart from TradingView

Ethereum has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. The price action remains indecisive as bulls struggle to reclaim the $2,800 level, a key supply zone that could determine Ethereum’s next move. While the long-term outlook remains uncertain, Ethereum is trading at crucial demand levels, facing continuous selling pressure that has kept price action muted. Related Reading: Bitcoin STH Realized Profit Reveals Strong Support Level – Time For A Breakout? Investors are trying to stay calm amid volatility, but fear is spreading as Ethereum shows signs of weakness compared to Bitcoin. Some analysts worry that if ETH fails to hold above $2,600, a deeper correction could follow. However, others remain optimistic, suggesting that ETH could be forming a long-term bullish structure. Crypto analyst Jelle shared a technical analysis on X revealing that ETH still trades inside a multi-year ascending triangle, a formation that has historically signaled strong potential for a breakout. If ETH can hold above the current levels and push past the $2,800 mark, it could trigger a recovery toward the key $3,000 resistance. For now, all eyes are on Ethereum’s next move, as the coming days could be decisive in shaping its short-term trajectory. Ethereum Testing Crucial Liquidity Levels Ethereum is currently trading between key liquidity levels of short-term demand and supply, with price action trapped in a tight range. Over the past week, ETH has closed between $2,650 and $2,750, creating uncertainty about its short-term direction. Investors remain divided, with some expecting a further correction and extended consolidation phase, while others anticipate a recovery rally soon. The market is waiting for a breakout or breakdown confirmation to determine the next trend. Related Reading: Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum Ethereum is attempting to push above the $2,700 mark and hold it as support, which would be the first sign of bullish momentum. However, for a confirmed recovery phase, ETH must reclaim the $2,800 and $3,000 levels. These key resistance zones have acted as strong supply areas in the past and will likely dictate Ethereum’s next major move. If ETH fails to reclaim these levels, a deeper correction into lower demand around the $2,500 mark could take place. Jelle’s analysis on X reveals that ETH is still trading inside a massive ascending triangle, a multi-year bullish pattern. He noted that fakeouts have occurred on both the upside and downside, taking out liquidity in both directions. With downside liquidity now taken, Jelle expects a comeback soon, suggesting ETH could soon attempt to reclaim lost ground. If Ethereum manages to break above the $2,800 mark and sustain its momentum, a move toward the $3,000 level would be the next target. However, if selling pressure continues to dominate the market, ETH could remain in a consolidation phase or even experience further downside. The next few days will be crucial in determining whether ETH can regain bullish momentum or if a deeper correction is ahead. Price Action Lacks Short-Term Direction Ethereum is trading at $2,720 after days of sideways movement below the $2,800 mark, struggling to gain momentum for a breakout. Bulls need to step up and push the price above this level as soon as possible to shift sentiment and reclaim control of price action. The $2,800 mark has acted as a strong supply zone, and breaking above it would open the door for a move toward the $3,000 level. On the downside, defending the $2,700 and even the $2,600 level is crucial for maintaining bullish momentum. If ETH holds these levels for an extended period, it would signal strong demand and support the possibility of a recovery rally. A sustained move above $2,700 would encourage buyers to step in, increasing the chances of ETH retesting higher resistance zones. Related Reading: Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns However, failure to hold above $2,700 could expose Ethereum to further selling pressure. If ETH drops below the $2,600 level, a deeper correction into lower demand areas around $2,500 could follow. The next few days will be decisive in determining whether Ethereum can establish a solid base for a bullish reversal or if bears will continue to dominate price action. Featured image from Dall-E, chart from TradingView

Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark. The recent price action has raised concerns among investors, who are trying to stay calm amid rising volatility but fear that Ethereum could drop further. Related Reading: Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns The broader crypto market sentiment remains divided, with Ethereum significantly underperforming Bitcoin and failing to build strong bullish momentum. Some analysts believe that ETH is at a make-or-break level, while others argue that a deeper correction is still possible. Top crypto analyst Ali Martinez shared a technical analysis on X, suggesting that altseason could be canceled if Ethereum fails to hold the $2,600 level. Martinez highlights that this price acts as crucial support for ETH and the entire altcoin market. A breakdown below this level could lead to further declines, pushing ETH into lower demand zones and triggering a broader sell-off across altcoins. With Ethereum struggling to regain strength, the next few days will be critical in determining its short-term direction. Bulls must step in and reclaim key levels to avoid further downside, while bears remain in control as long as ETH stays below $2,800. Ethereum Price Testing Crucial Demand Ethereum is trying to push above the $2,700 mark and hold above it to confirm the start of a recovery phase. However, the key resistance levels to reclaim remain between $2,800 and $3,000, which have acted as major supply zones in the past. Bulls are struggling to gain momentum, and Ethereum’s inability to break through these levels has led to increasing concerns about further downside risks. Related Reading: Ethereum Historical Indicator Flashes Long-Term Buy Signal – Is History Repeating? Market analysts believe Ethereum’s next move will be crucial, as the market expects confirmation in either direction soon. Some analysts argue that Ethereum’s weakness relative to Bitcoin is a sign that altcoins are losing steam, while others believe that ETH could still have a chance to rally if key levels are reclaimed. Martinez’s analysis states that the alt season will be canceled if Ethereum fails to hold the $2,600 level. This price serves as a long-term demand zone, and losing it would invalidate any bullish momentum across the altcoin market. Martinez explained that Ethereum has historically led altcoin rallies, and its failure to hold key support levels could trigger a broader sell-off in altcoins. Bulls must defend the $2,600 level at all costs to confirm a sustainable rally, as a break below it could trigger a broader market correction. If ETH manages to hold above current levels and reclaim $2,800–$3,000, it could signal the start of a bullish recovery. The next few days will be crucial for Ethereum’s short-term direction. Price Action Details: Key Levels To Watch Ethereum is trading at $2,680 after multiple attempts to reclaim the $2,700 level. Bulls are trying to push the price higher, but selling pressure remains strong, making it difficult for ETH to gain momentum. The next critical resistance level is at $2,800, and a break above this level would signal a potential bullish reversal. If ETH reclaims $2,800 and consolidates above it, a surge toward $3,000 could follow, bringing renewed optimism to the market. However, failure to hold the $2,600 level would be a bearish signal, suggesting that more downside risk is ahead. Losing this key demand level could trigger further selling pressure, leading to a potential drop into lower support zones around $2,400–$2,500. Investors are closely monitoring these levels, as Ethereum’s price action will determine whether a recovery rally can begin or if a deeper correction is in play. Related Reading: Dogecoin Pulls Back To ‘The Golden Ratio’ – Analyst Expects A Bullish Reversal For now, ETH remains range-bound, and a breakout in either direction could define the trend for the coming weeks. Bulls need to step in aggressively to regain control and avoid a prolonged bearish phase. The next few trading sessions will be crucial in determining Ethereum’s short-term price action. Featured image from Dall-E, chart from TradingView

The market intelligence platform IntoTheBlock has revealed how Ethereum has built up strong on-chain demand zones that should keep it afloat above $4,000. Ethereum Has Two Major Support Centers Just Below Current Price In a new post on X, IntoTheBlock has discussed about how the on-chain demand zones for Ethereum are looking right now. Below is the chart shared by the analytics firm that shows the amount of supply that the investors bought at the price ranges near the current spot ETH value. As is visible in the graph, the Ethereum price ranges up ahead have only small dots associated to them, meaning not much of the supply was last purchased at those levels. It’s different for the price ranges below, however, with the $3,772 to $3,892 and $3,892 to $4,011 ranges in particular hosting the cost basis of a significant amount of addresses. In total, the investors purchased 7.2 million ETH (worth almost $28.4 billion at the current exchange rate) at these levels. Related Reading: Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why Demand zones are considered important in on-chain analysis due to how investor psychology tends to work out. For any holder, their cost basis is an important level, so they can be more likely to make a move when a retest of it occurs. When this retest occurs from above (that is, the investor was in profit prior to it), the holder might decide to purchase more, thinking that the level would be profitable again in the near future. Similarly, investors who were in loss just before the retest might fear another decline, so they may sell at their break-even. Naturally, these effects don’t matter for the market when only a few investors participate in the buying and selling, but visible fluctuations can appear when a large amount of holders are involved. The aforementioned price ranges satisfy this condition, so it’s possible that Ethereum retesting them would produce a sizeable buying reaction in the market, which would end up providing support to the cryptocurrency. During the past day, Ethereum has seen a slight dip into this region, so it now remains to be seen whether the high demand can push back the coin above $4,000 or not. Related Reading: Bitcoin Top Here? What Historical HODLer Selloff Pattern Says In some other news, the Ethereum Exchange Netflow has been negative since the beginning of this month, as IntoTheBlock has pointed out in another X post. The Exchange Netflow is an on-chain indicator that keeps track of the net amount of Ethereum that’s flowing into or out of the wallets associated with centralized exchanges. “Over 400k ETH have flowed out since December 1st, suggesting a trend of accumulation,” notes the analytics firm. ETH Price At the time of writing, Ethereum is trading around $3,950, up 10% over the last week. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com

Ethereum has been trading at its highest levels since late July, hovering around $3,470. This marks a significant rebound for the second-largest cryptocurrency, which has managed to hold above the crucial 200-day moving average (MA) at $2,965. By maintaining this level, Ethereum confirmed a bullish price structure, paving the way for continued momentum as it approaches its next milestone—yearly highs near $4,000. Top analyst and investor Carl Runefelt recently shared his technical analysis on X, pointing out that Ethereum’s price action has built a solid foundation for further growth. According to Runefelt, Ethereum is poised for a substantial rally once it breaks above key resistance levels, signaling increased confidence among traders and investors. Related Reading: Bitcoin Realized Profit Hits ATH At $443 Million – Local Top Or Continuation? This bullish sentiment is further fueled by Ethereum’s consistent on-chain activity and growing institutional interest, which continue to support its upward trajectory. However, breaking past $4,000 will require Ethereum to overcome resistance zones that have historically triggered pullbacks. As ETH consolidates gains, market participants are watching closely for signs of the next breakout, which could set the tone for the remainder of the year. Ethereum’s recent strength underscores its role as a market leader and a bellwether for broader cryptocurrency trends. Ethereum Testing Crucial Supply Ethereum is testing a crucial supply zone just below the $3,500 level, a key resistance that could propel the cryptocurrency to yearly highs in the coming days. This level has become a focal point for traders and investors, as breaking it would likely signal a bullish continuation of Ethereum’s recent momentum. Top analyst Carl Runefelt recently shared his insights on X, emphasizing the significance of this resistance. According to his technical analysis, once Ethereum breaks through the $3,500 barrier, it could rapidly climb to $3,700, potentially within hours. The market sentiment surrounding Ethereum remains optimistic, with surging demand as a catalyst for further price gains. Ethereum’s strength at this critical level is also reigniting speculation about a possible Altseason. If ETH continues its upward trajectory and attracts more capital, it could pave the way for other altcoins to follow suit. Historically, Ethereum’s price action has been a leading indicator for broader market movements, and this time appears no different. Related Reading: Bitcoin Rally Benefits From US Buyers – Coinbase Premium Gap Reveals Strong Demand As ETH approaches this pivotal moment, all eyes are on its ability to maintain upward momentum. A strong push past $3,500 would confirm the bullish structure and set the stage for Ethereum to dominate market narratives in the weeks ahead. Key Levels To Watch Ethereum is trading at $3,470, hovering below the crucial $3,500 resistance level. This local high has become a key area of focus for traders and analysts, as breaking above it could set the stage for a significant rally. If Ethereum manages to push through this resistance with strength, it could trigger a breakout that propels the price toward $3,900 within days. However, the market remains cautious about the potential risks associated with this pivotal moment. A failed breakout at the $3,500 mark could lead to sideways consolidation as Ethereum seeks stronger buying pressure to resume its upward momentum. In a more bearish scenario, a substantial correction could occur, driving ETH back to lower levels to establish a more solid base of support. Related Reading: XRP Analyst Sets $2 Target If It Holds Key Level – Can It Reach Multi-Year Highs? The current price action highlights the importance of this resistance zone. A clean break above $3,500 would likely confirm Ethereum’s bullish structure and reinforce confidence in a continued uptrend.  On the other hand, any hesitation or rejection at this level could signal the need for further consolidation before the next major move. As ETH approaches this critical juncture, the market is closely watching to determine its next direction and the potential implications for the broader crypto landscape. Featured image from Dall-E, chart from TradingView

Ethereum surged over 10% yesterday, marking an impressive recovery alongside a very bullish day for the entire crypto market. This surge has reignited investor optimism, especially as Ethereum approaches its yearly highs.  Key data from CryptoQuant highlights a significant bullish signal: Ethereum’s Taker Buy Volume hit an astonishing $1.683 billion in a single hourly candle. This metric reflects aggressive buying activity in the futures market, further supporting Ethereum’s potential for continued upward momentum. Related Reading: Bitcoin Open Interest Hits ATH As BTC Nears $100K – What To Expect? The driving force behind this rising demand for Ethereum appears to stem from profits being cycled out of Bitcoin. With Bitcoin consistently breaking all-time highs, investors are reallocating gains into ETH, boosting its price. Ethereum’s ability to capitalize on Bitcoin’s momentum underscores its position as the second-largest cryptocurrency and a key player in the broader market trend. However, the next few days will be crucial for Ethereum as it nears its yearly highs. A strong breakout above these levels could propel ETH into a new uptrend, further strengthening its bullish narrative. Ethereum Bulls Waking Up  Ethereum bulls are finally showing signs of life after eight months of bearish price action, with the price surging over 40% since November 5. This strong upward momentum aligns with the broader market rally, fueling optimism that Ethereum’s recovery is just beginning. The resurgence in bullish sentiment has positioned Ethereum as a key focus for investors seeking opportunities in the current market environment. According to data by CryptoQuant analyst Maartunn, Ethereum’s Taker Buy Volume recently hit $1.683 billion in a single hourly candle, highlighting significant demand and the involvement of high-volume trades. This aggressive buying activity is a bullish signal, suggesting increased confidence in Ethereum’s potential to sustain its rally. Strong demand at this scale creates upward pressure on the price, reinforcing the bullish narrative for ETH. Related Reading: Bitcoin Rally Driven By U.S. Coinbase Investors – Top Analyst Shares Metrics However, Ethereum still faces a critical hurdle at the $3,550 level, a significant supply zone that has acted as a barrier since late July. The next few days will be pivotal for Ethereum, as breaking above this key resistance could signal the continuation of its upward trajectory. Failure to do so, however, might result in a short-term consolidation. All eyes are now on ETH, as its next moves could set the tone for the altcoin market. ETH Holding Above Key Levels  Ethereum (ETH) is trading at $3,333 after a 10% surge yesterday, marking a significant rebound for the second-largest cryptocurrency. The price is testing a critical supply zone just below the $3,450 level, a resistance area that bulls need to reclaim to confirm the uptrend and maintain momentum for new highs. This supply zone has historically acted as a key barrier, and breaking above it with conviction would signal strong buying pressure and the potential for a sustained rally. Holding above the 200-day moving average (MA) at $2,959 further strengthens the bullish case for Ethereum, as this indicator is widely regarded as a benchmark for long-term price trends. Related Reading: Solana Analyst Expects A Retrace Before It Breaks ATH – Targets Revealed Should Ethereum maintain its position above the 200-day MA and push decisively past the $3,450 level, it could pave the way for a bullish rally, targeting higher resistance zones in the coming days. However, failure to overcome this supply area may result in short-term consolidation as bulls regroup to challenge the level again. For now, the market focuses on Ethereum’s ability to clear this crucial resistance and continue its upward trajectory. Featured image from Dall-E, chart from TradingView

Ethereum is trading at a critical demand level following an 11% pullback from recent local highs. This dip has analysts and investors on edge, as losing this level could trigger a wave of aggressive sell-offs, potentially driving ETH prices lower.  Amid this concern, however, prominent analyst Ali Martinez has shared an optimistic technical analysis, highlighting a strong risk-to-reward setup on the Ethereum chart. According to Martinez, the current level offers a compelling entry point, suggesting that Ethereum could see a significant upside if it holds support. Related Reading: Solana Likely To Target $200 ‘If It Holds Current Support’ – What To Expect The timing of this potential rebound is especially noteworthy with the US election tomorrow, an event that could heavily influence broader market sentiment. Many in the crypto community anticipate that election outcomes will set the stage for a new rally, with Ethereum positioned to capitalize if bullish momentum returns.  In the coming days, all eyes will be on whether ETH can defend this demand zone, as its performance could either validate or challenge the prevailing bullish expectations across the market. For now, Ethereum’s price level remains pivotal, and the market is closely watching for signs of direction amid the election and broader economic uncertainties. Can Ethereum Hold Above Key Demand? Ethereum is trading at a pivotal support level of around $2,450, which many analysts view as a critical “last line of defense” for bulls. Ethereum could experience a deeper decline if this level fails, potentially putting it at risk of underperforming against competitors like Solana or Bitcoin, which have recently shown more relative strength.  Investors share this concern and are closely watching ETH’s movement as it teeters on the edge of this crucial support. However, top crypto analyst Ali Martinez has presented a more optimistic perspective on X, suggesting that Ethereum may be poised for a significant recovery. In his recent technical analysis, Martinez emphasized that the current risk-to-reward ratio for ETH is highly attractive for a long position, especially for those with a longer-term outlook.  He disclosed that he had set a stop-loss below $1,880—a level limiting downside risk—while targeting an ambitious price of $6,000. This target represents a potential 145% rally from current prices, underlining Martinez’s confidence in Ethereum’s potential upside if it can hold this crucial zone. The next few days, or even hours, could prove decisive for Ethereum as it consolidates at $2,450. To move toward Martinez’s target, ETH must build strength and start challenging local highs, signaling buyers are stepping in.  Related Reading: Dogecoin Analyst Reveals Buying Opportunities At Lower Prices – Details The upcoming price action will reveal whether Ethereum can revive its bullish momentum or succumb to further downside pressure. For now, the $2,450 support is a critical threshold for ETH’s near-term trajectory. ETH Technical Analysis Ethereum (ETH) is trading at $2,450 after a strong rebound following a failed breakdown below the $2,400 mark. This resilience is encouraging for bulls who believe ETH is primed for a significant rally, especially if Bitcoin can break above its all-time high.  However, this crucial support level alone isn’t enough to spark a sustained uptrend. Bulls must push the price above the 200-day exponential moving average (EMA), currently at $2,762, to confirm momentum and establish a stronger bullish outlook. The 200-day EMA has acted as a formidable resistance since early August, repeatedly pushing ETH’s price down. A breakout above this moving average would indicate a critical shift, potentially turning it into a new support level. This move would set the stage for ETH to challenge higher levels, fueled by renewed buyer confidence and broader market optimism.  Related Reading: Bitcoin On-Chain Indicator Signals Panic Selling At Current Levels – Time To HODL? Conversely, if bulls fail to reclaim this EMA, Ethereum may face continued downward pressure, leading to further testing of key supports. For now, ETH’s support of around $2,450 keeps hope alive for bulls aiming for a breakout, but reclaiming the 200-day EMA remains essential to fuel the next leg of a bullish rally. Featured image from Dall-E, chart from TradingView

An analyst has explained how losing this on-chain demand zone could cause Ethereum to witness a crash to as low as $1,800. Ethereum Is Currently Retesting A Major On-Chain Support Zone In a new post on X, analyst Ali Martinez has discussed about how Ethereum is looking like in terms of investor cost basis distribution right now, citing data from the market intelligence platform IntoTheBlock. In the above chart, the dots represent the amount of ETH that was last purchased by investors or addresses inside the corresponding price range. As is visible, the $2,292 to $2,359 range stands out in terms of the size of its dot, suggesting that some heavy buying had occurred between these levels. Related Reading: Bitcoin Sentiment Spikes After Mild Price Jump: Crowd Too Excited Too Quickly? More specifically, almost 52.3 million ETH was acquired by 1.9 million addresses inside this range. Since Ethereum is currently retesting the range, all these investors would be just breaking-even on their investment. To any investor, their cost basis is naturally an important level and thus, they may be more prone to making some kind of move when a retest of it happens. For ranges that host the acquisition level of only a small amount of holders, though, any reaction resulting from a retest isn’t anything too relevant for the wider market. In the case of price ranges that are huge demand zones, however, a retest can cause visible fluctuations in the asset’s price. The aforementioned Ethereum range naturally belongs to this category. As for how exactly a retest of a large demand zone would affect the cryptocurrency, the answer lies in investor psychology. Retests that take place from above, that is, of investors who were in profit just before the retest, generally produce a buying reaction in the market. This is because these holders may believe the asset will go up again in the future, so getting to buy more at their cost basis can appear like a profitable opportunity. As Ethereum is currently retesting the $2,292 to $2,359 range, it’s possible it may feel support and find a rebound. In the scenario that a break under it takes place, however, the cryptocurrency’s price may be in danger. From the chart, it’s apparent that the ranges below this demand zone only carry the cost basis of a small amount of investors, so they may not be able to prevent a further decline in the asset. Related Reading: Legendary Bitcoin Puell Multiple Finally Enters ‘Buy’ Territory “If this demand zone breaks, we could see a sell-off driving ETH toward $1,800,” notes the analyst. A drawdown to this level from the current price would mean a crash of more than 21% for the coin. It now remains to be seen how the Ethereum price will develop in the coming days and if the on-chain support zone will hold. ETH Price After retracing its recovery from the last few days, Ethereum is back at $2,300, which is inside the aforementioned price range. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com