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The crypto market is facing intense fear, with many analysts speculating that a prolonged bear market could be on the horizon. Ethereum has been one of the hardest-hit assets, experiencing a massive decline of over 27% in less than five days. Investors are growing cautious as ETH struggles to hold key support levels, fueling uncertainty about its short-term direction. Related Reading: Is Solana In A Macro Trend Move? Charts Show Potential Shift Despite the widespread panic, large investors appear to be taking advantage of the dip. Data from Santiment reveals that whales have accumulated significant amounts of ETH in the last 24 hours, suggesting that institutional players and high-net-worth individuals are positioning for a potential recovery. Historically, such accumulation phases by big players have preceded strong reversals, indicating that smart money might be betting on an eventual rebound. While selling pressure remains high, this whale activity could provide a foundation for ETH to stabilize and regain lost ground. However, for a bullish recovery to take shape, Ethereum needs to reclaim crucial levels above $2,500. The next few days will be critical in determining whether ETH can bounce back or if the market will continue to slide further down. Ethereum Accumulation Signals Trust Ethereum is trading slightly above the most critical support level since December 2023, a price zone that could determine its short-term direction. Bulls must hold this level to prevent further declines and initiate a recovery phase, but selling pressure remains strong. Analysts are divided, with some expecting a prolonged bear market while others see potential for a rebound. Crypto expert Ali Martinez shared Santiment data on X, revealing that whales bought another 190,000 ETH in the last 24 hours. This adds to the broader trend of accumulation that has been ongoing for the past month. Historically, such whale activity signals confidence from large investors, who often accumulate at discounted prices before an uptrend resumes. If this trend continues, Ethereum could be setting up for a strong recovery rally. Related Reading: Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover? However, bullish momentum remains uncertain. ETH needs to reclaim key levels above $2,500 to confirm a reversal, and failing to do so could lead to further corrections. The market is currently driven by fear and uncertainty, but the continuous whale accumulation suggests that smart money is positioning for future gains. The coming days will be crucial in determining whether Ethereum can bounce back or if the bearish trend will persist. ETH Testing Crucial Long-Term Demand Ethereum is trading at $2,220 after reaching its lowest level since late November 2023. The recent sell-off has pushed ETH below critical support zones, and bulls are struggling to regain control. The price is now below the 200-week exponential moving average (EMA) at around $2,290 and the 200-week moving average (MA) at around $2,480, signaling a bearish outlook unless a strong recovery takes place soon. For Ethereum to regain momentum, bulls must reclaim the $2,500 level in the coming days. A breakout above this level would signal renewed strength, potentially leading to a massive recovery rally as traders regain confidence. However, ETH remains under pressure, and failing to reclaim the $2,300 mark could confirm further declines. If this scenario unfolds, Ethereum could face a deeper correction toward the $2,000 psychological support, or even lower, depending on market sentiment. Related Reading: Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure? With the market still dominated by fear and uncertainty, traders are watching key technical levels closely. If ETH can stabilize above $2,200 and push higher, a relief rally could be on the horizon. Otherwise, Ethereum could remain trapped in a prolonged downtrend, testing investor patience and market resilience. The next few days will be critical for ETH’s price action. Featured image from Dall-E, chart from TradingView

Ethereum has experienced a massive drop, losing over 27% of its value in less than five days as the market faces extreme fear and uncertainty. The rapid sell-off has fueled speculation that a bear market could be on the horizon, with many analysts calling for further downside in the coming months. Related Reading: Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover? However, despite the overwhelming bearish sentiment, there is still a chance for Ethereum to recover as the price is now testing a crucial demand level. If bulls manage to hold this area, ETH could stage a strong rebound and shift momentum back in favor of buyers. Top analyst BigCheds shared a technical analysis on X, noting that ETH is reapproaching a critical monthly demand level, which could define Ethereum’s next major move. Historically, price reactions at this level have led to either a strong bounce or further capitulation, making the current market conditions a pivotal moment for Ethereum’s long-term trajectory. The next few days will be crucial as Ethereum attempts to stabilize and reclaim key price levels. If buyers step in aggressively, ETH could start a recovery rally, but failure to hold support may lead to further downside risks. Ethereum Struggles Below $2,200 Ethereum is trading below $2,200, struggling to regain momentum after a severe market-wide correction. The altcoin sector continues to bleed, and ETH has now lost nearly 50% of its value since peaking at $4,100 in mid-December. Bulls face a critical test as they must defend key demand levels to prevent further selling pressure and attract strong buying interest. Related Reading: Litecoin Holds Solid Structure Amid Market Breakdown – Analyst Forecasts A Big Move The situation is highly volatile, with market sentiment shifting toward extreme fear. Investors worry that Ethereum could continue its decline if bulls fail to hold support and initiate a meaningful recovery. Many analysts remain cautious, warning that ETH could enter a prolonged consolidation phase if it fails to regain lost ground. BigChed’s insights on X highlight that Ethereum is now re-approaching a key high-timeframe demand zone of around $2,000. According to Cheds, this is a must-hold level—losing this zone could trigger a deeper correction, while a strong defense could pave the way for a potential recovery rally. The next few days will be crucial for Ethereum. If bulls manage to reclaim $2,200 and push toward $2,500, a reversal could take place. However, failure to hold $2,000 could see ETH drop further, potentially testing lower demand zones in the coming weeks. Price Testing Demand – Can Bulls Regain Control? Ethereum is trading at $2,120 after enduring days of massive selling pressure that pushed the price to its lowest level in months. ETH is currently holding above a high-timeframe demand level around $2,000, a crucial zone that must be defended to avoid further downside. However, sentiment remains fragile, and if Ethereum fails to hold this level, it could trigger a dramatic sell-off leading to even lower prices. Bulls face an urgent challenge to regain control of price action. The $2,200 level now acts as the first key resistance, and a breakout above this mark would be the first step toward stabilization. Beyond that, ETH must push above $2,500 as soon as possible to confirm a potential trend reversal and signal the start of a recovery rally. Related Reading: Solana Transfer Volume Crashes To $14.5M – What’s Next for SOL? If bulls fail to hold the $2,000 support, Ethereum could face increased volatility and a steep decline, potentially testing lower demand zones. The next few trading sessions will be critical, as ETH’s ability to stay above key levels will determine whether the market stabilizes or enters a deeper correction phase in the coming weeks. Featured image from Dall-E, chart from TradingView

As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana (SOL) have emerged as some of the hardest-hit assets among the top ten digital currencies.  On top of that, recent allegations by market experts on social media suggest potential market manipulation by major players in the space, raising further concerns for investors. Ethereum Falls Below $2,600: Potential End To Altseason Over the past few days, on-chain data has surfaced, indicating large-scale selling of Ethereum and Solana tokens primarily by Binance (BNB), the world’s largest cryptocurrency exchange.  Market expert Crypto Rover highlighted that these sales, which occurred over a span of just 48 hours, have contributed to a staggering 7% drop in Ethereum and a 12% decline in Solana’s value. Related Reading: Bitcoin Crashes: Experts Warn Of 6-Month Slump To $73,000 Ethereum has now breached its critical support level of $2,600, a point that analysts like Ali Martinez caution could signal the end of the altcoin season if confirmed on higher time frames.  Martinez notes that the next significant threshold for the Ethereum holders is set at $2,300; falling below this level could jeopardize the psychologically crucial $2,000 mark. For Solana, the situation is similarly dire. The asset has retraced below its major support level at $150, settling around $140. This decline represents a considerable 51% gap from its all-time high of $293 reached in January. The bearish sentiment surrounding Solana is further underscored by a stark drop in network activity. Martinez pointed out that Solana’s active addresses have plummeted by 60%, falling from an impressive all-time high of 18.5 million in October to just 7.3 million. Market Manipulation Allegations Arise Amidst these troubling developments, voices within the crypto community are suggesting that the market turbulence may not be coincidental.  Experts like Marty Party have expressed concerns about the role of Binance, asserting that the exchange may have offloaded its holdings in Solana and Ethereum to cover fines imposed by the Department of Justice (DOJ) while also profiting from liquidating leveraged futures positions. Such actions have been characterized as “manipulative,” with Marty noting the timing of these sales. Doctor Profit, another market expert, also suggests that platforms like Bybit may have engaged in similar practices to recover “lost Ethereum” after its recent hack, fueling further speculation about the integrity of these exchanges. Critics argue that these “market maneuvers” are indicative of a broader pattern of manipulation, particularly aimed at triggering mass liquidations among long positions.  Related Reading: Ethereum Price Crash To $2,000 Could Happen As Smaller Timeframes Turn Bearish Doctor Profit remarked on the apparent transparency of these manipulations, suggesting that market players are exploiting the naivety of average crypto investors. Given the current climate, there is a growing call within the crypto community to shift away from centralized exchanges and traditional financial structures.  Advocates like Doctor Profit are urging investors to embrace decentralized finance (DeFi) and monolithic networks, emphasizing the importance of self-custody and minimizing reliance on institutions that may be susceptible to manipulation. For now, Ethereum has managed to stabilize at $2,390, which is nearly 50% below the record high of $4,878 reached during the 2021 bull market. Featured image from DALL-E, chart from TradingView.com

As the new week begins, Ethereum (ETH)—the second-largest cryptocurrency by market capitalization—has seen a significant decline, dropping nearly 10% below the critical support level of $2,500.  However, amidst this downturn, prominent crypto analyst Doctor Profit has identified four compelling bullish indicators that suggest Ethereum may be poised for a resurgence, potentially inching closer to its all-time high and even surpassing it. Key Indicators Signal A Bullish Turn In a recent post on X (formerly Twitter), Doctor Profit shared insights from a detailed long-term analysis of Ethereum. He emphasizes that this evaluation is not about short-term hype or quick profits but focuses on the upcoming months.  “Right now, ETH is the best opportunity in the market,” he stated, highlighting key indicators—technical, psychological, and on-chain—that support his bullish stance. Related Reading: Bitcoin Price Tumbles 5%—Key Support Levels in Focus Doctor Profit’s analysis is grounded in extensive price action data, with a focus on high-timeframe signals that typically indicate significant market moves. Here are the four major indicators he outlined: The 200-week Exponential Moving Average (EMA) has historically served as a critical support level for Ethereum. During past market downturns, such as the COVID crash in 2020 and the bear market in 2022, the price has quickly rebounded after dipping below this key threshold. Given that a few weeks ago, the price was merely 4% from this support, the risk-reward ratio for potential investment is compelling. Doctor Profit estimates a possible move toward the $8,000 to $10,000 range, representing an approximate 200% upside, while the worst-case scenario offers a mere 20% downside. Doctor Profit Sees Potential For Major Ethereum Price Surge The analyst further highlighted that ETH’s price has been trending within a long-term ascending channel, currently approaching its lower boundary—a historically favorable entry point for investors.  Doctor Profit anticipates a breakout from this channel in the coming months, targeting the $4,000 mark, a level that has faced multiple rejections.  However, the analyst assures that each failed attempt brings the Ethereum price closer to a definitive breakout, with potential targets reaching as high as $8,000 to $10,000. One of the most significant patterns currently forming is the weekly ascending triangle. This pattern has been consolidating since 2020, indicating a robust bullish setup.  Related Reading: Is Toncoin Building a Foundation for a Long-Term Comeback? Analyst Weighs In Doctor Profit notes that moves stemming from such patterns often lead to substantial price expansions, similar to recent trends observed in XRP. The implications of this formation suggest that Ethereum may be on the brink of a powerful upward movement. A substantial liquidity zone exists around the $4,000 region, aligning perfectly with both the anticipated breakout from the ascending channel and the ascending triangle.  This concentration of liquidity could facilitate a strong market response, according to the analyst, propelling Ethereum through this critical threshold and triggering a significant upward movement. Despite the current bearish sentiment surrounding Ethereum, characterized by retail disinterest and high fear, Doctor Profit emphasizes that institutional accumulation is on the rise.  Record inflows into Ethereum exchange-traded funds (ETFs) and significant on-chain withdrawals further indicate that larger investors are positioning themselves for future gains. ETH is currently trading at $2,420, down as much as 10% over the past 24 hours and over the past week.  Featured image from DALL-E, chart from TradingView.com

Ethereum (ETH) has plummeted 11.4% in the past 24 hours, reflecting a broader market downturn that saw Bitcoin (BTC) drop by 8%, XRP by 13.6%, and Solana (SOL) by 12.9%. Despite the sea of red, several leading voices—including CryptoQuant CEO Ki Young Ju—are calling for a more optimistic perspective on ETH. Time To Go Bullish On Ethereum Sharing his “bullish thoughts on ETH” via X, Ki Young Ju argued there has been “no significant sell pressure” despite the recent Bybit hack, pointing out that both on-chain and market data remain neutral. “Exchange selling takes time, and OTC offloads barely affect the price,” he added. He also emphasized Ethereum’s dominant share of the stablecoin market cap—currently around 56% and noted how potential regulatory shifts under the Trump administration, which is reportedly “easing crypto regs,” could spur further adoption of ETH-based stablecoins and smart contracts in 2025. Related Reading: Ethereum Must Hold This Key Level To Keep Altseason Hopes Alive, Analyst Explains Ju referenced additional catalysts, reminding followers that the ETH spot ETF “is already approved,” suggesting that a “Large Cap ETF altseason” might be on the horizon for Ethereum. He added, “BlackRock ETH spot ETF holdings increased 124% over the past three months.” Lastly, Ju highlighted growing whale accumulation: addresses holding 10,000 to 100,000 ETH have increased their balances by 24% over the past year, with the current price “nearing the cost basis of accumulating addresses.” However, Ju admitted he was “surprised” by what he sees as an overwhelmingly bearish mood on Crypto Twitter. “Wow, CT [Crypto Twitter] sentiment on ETH is extremely bearish. Let me know if you have any data-driven analysis to support your bearish thesis. Most bears seem to cite the dropping price itself as their reason for selling. Very interesting,” Ju remarked. On his alternative X account—under the handle @kate_young_ju—he reiterated that “whales are stacking ETH,” pointing to the current cost basis for these accumulating addresses at around $2,199, compared to the spot price hovering near $2,505. Ju is not alone in challenging the doom-and-gloom market narrative. AdrianoFeria.eth (@AdrianoFeria), an member of the ETH community, asserted that “the market is in the shitter” but urged investors to focus on high-level institutional and political signals favoring Ethereum. Related Reading: Ethereum Price Could Still Reclaim $4,000 Based On This Bullish Divergence He specifically cited reports of the US President and family purchasing “hundreds of millions of dollars worth of ETH,” the CEO of BlackRock’s endorsement of tokenization (and BlackRock’s own tokenized USD experiment on Ethereum), and Bybit’s need to buy large quantities of ETH to cover its hack—potentially fueling more demand. Feria also mentioned that Ken Griffin, the CEO of Citadel believes Ethereum could replace Bitcoin. For this community member, the fact that “everyone on CT is still taking a shit on ETH” only reinforces a contrarian bullish stance. Popular crypto analyst IncomeSharks (@IncomeSharks) weighed in by posting a chart showing another “red scary candle” but indicating a buy zone above $2,400. Meanwhile, Chris Burniske, partner at Placeholder VC, offered historical perspective, reminding followers of 2021’s mid-cycle drawdowns: BTC fell 56%, ETH 61%, SOL 67%, and many other assets 70-80%. According to Burniske, “you can come up with all the reasons for why this cycle is different, but the mid-bull reset we’re going through isn’t unprecedented. Those calling for a full blown bear are misguided.” At press time, ETH traded at $2.382. Featured image created with DALL.E, chart from TradingView.com

Ethereum’s price trajectory has taken a sharp downturn, with technical analysis showing a possible crash to $2,000. Crypto analyst SwallowAcademy pointed out on the TradingView platform that some bearish signals are forming in smaller timeframes, especially as buyers have failed to maintain a key support zone at $2,700. Notably, the broader market downturn over the past 24 hours has only strengthened the case for further declines for Ethereum. Ethereum Plunges Over 12% In 24 Hours As Market Suffers Steep Losses The crypto market has taken a heavy hit, with Bitcoin falling below major support at $90,000 and shedding 6.9% over the past 24 hours. An already struggling Ethereum has fared even worse, with its price plunging 12.6% in the same timeframe. Particularly, Ethereum broke below support levels at $2,600, $2,500, and $2,400 in quick succession.  Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 This steep decline has aligned with SwallowAcademy’s warning about Ethereum’s weakness on smaller timeframes, further lending weight to the possibility of a more profound drop to $2,000. SwallowAcademy had initially emphasized that Ethereum remained in a solid buying zone due to the presence of EMAs at the $2,700 support. However, with price action shifting, the analyst acknowledges that bearish pressure on lower timeframes could open the door for further declines. Interestingly, this Ethereum price crash in the past 24 hours came as a surprise, as bulls managed to hold above a key support level of $2,700 despite the fiasco of Bybit’s $1.5 billion hack that took place throughout the weekend.  Although the immediate fallout from the exchange’s hack appeared contained, the market now seems to be experiencing a delayed reaction, and fear is gradually setting in among investors. This growing uncertainty, combined with persistent outflows from crypto investment products, including Spot Bitcoin and Spot Ethereum funds, has added more downward pressure on Ethereum’s price. As it stands, the current Ethereum daily candle is firmly in the hands of sellers, with no signs of easing pressure. This is a significant change from the previously strong buying sentiment. Bearish Momentum Could Extend To $2,000 The weakening weekly candle has tipped the scales towards more declines than a bullish uptrend, though it is still early in the week to decide. cautions that it is still early in the week. Ethereum is already trading below the EMAs in the daily timeframe, so the crucial factor is whether it can hold above the EMAs in the weekly timeframe.  Related Reading: Is It Time To Give Up On Ethereum Below $4,000? Analyst Weighs The Facts If the current selling momentum continues and the price breaks below $2,200, the next major downside target is $2,000 before any notable bounce can occur.  At the time of writing, Ethereum is trading at $2,395 and is at the risk of more declines over the next 24 hours. Despite the sharp drop, the RSI has yet to reach oversold conditions, which means that sellers may still have room to push prices lower before exhaustion sets in. Featured image from Adobe Stock, chart from Tradingview.com

In an X post published today, crypto market analyst and commentator Ali Martinez highlighted a crucial Ethereum (ETH) price level that must hold to sustain hopes for an altseason. Martinez warned that losing this support could significantly derail any potential altcoin rally. Ethereum Must Defend Key Price Level  Ethereum, the second-largest digital asset by market cap, continues to trade in the mid-$2,000 range. At the time of writing, ETH is priced just below $2,700, offering bulls a glimmer of optimism for a potential breakout above the $3,000 resistance level. Related Reading: Ethereum Short Positions Surge 500% In 3 Months – What’s Behind The Bearish Sentiment? However, in his latest analysis, Martinez emphasized the $2,600 level as a critical price point for ETH. He added that if the digital asset falls below this level, then “altseason will be canceled.” The recent Bybit crypto exchange hack sent shockwaves across the cryptocurrency industry as hackers stole digital assets worth more than $1.4 billion. Notably, ETH accounted for the bulk of the stolen funds. Despite this, ETH held up relatively well compared to Bitcoin (BTC), according to fellow crypto analyst Daan Crypto Trades. The analyst pointed out that ETH’s ability to remain at essentially the same price level after such a massive hack is “interesting.” They added: To see ETH at basically the same level as before a $1B+ hack is pretty interesting. Would not be surprised it there’s indeed some entity buying back some of that lost ETH or people frontrunning such a thing. At some point the ETH likely has to get back somehow, whether it’s recovered or bought back. Otherwise there would not be a 100% cover of funds. Crypto analyst Ted echoed this sentiment in his own analysis of the Bybit hack. In an X post, he highlighted that not only did the hack fail to push ETH to new lows, but the cryptocurrency has already rebounded 35% from its bottom. Meanwhile, crypto trader Merlijn The Trader provided some hope for ETH bulls, sharing a three-week Ethereum chart that suggests ETH is poised to break out of a symmetrical triangle pattern for its “biggest bull run yet.” Altseason In Jeopardy? Seasoned crypto analyst Rekt Capital also weighed in, sharing a daily altcoin market cap chart that shows altcoins failing to close above key resistance levels, highlighted in red circles. They explained: Altcoin Market Cap is transitioning into this triangular market structure (blue). Alts will need to daily close above the blue lower high and then above black resistance to confirm a major trend shift. Related Reading: Ethereum Positioned For A ‘Major Move Upward’ In 2025, Analyst Forecasts That said, there may still be hope for an impending altseason led by Ethereum. A recent report found that ETH reserves on crypto exchanges are at a nine-year low, which could exacerbate supply scarcity and drive up prices. At press time, ETH trades at $2,671, down 5.2% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

Ethereum has yet to return to its all-time high for over three years, a stark contrast to Bitcoin, which has surged past many price levels in the current cycle. Despite being the second-largest cryptocurrency, Ethereum has struggled to keep up with the broader market even during price rallies. However, a new technical outlook suggests that Ethereum may soon break free from this underwhelming trend and push toward $4,867 based on a strong meeting of multiple technical indicators. Extremely Strong Support Shows Ethereum Breakout Is Close As revealed by a technical analyst on the TradingView platform, technical analysis of the Ethereum price poses a bullish outlook to finally break above its all-time high of $4,878. Ethereum is currently positioned at a key inflection point, where it is trading just above a multi-year support trendline. Notably, this trendline has acted as a solid foundation during previous downturns, allowing ETH to consistently rebound after touching this level. Given this historical precedent, the next expected move is another upward bounce, potentially setting the stage for a renewed bullish push. Related Reading: Ethereum Price Guns For A Mid-High Timeframe Reversal Against Bitcoin In Bullish Q1 2025 The strength of this support trendline is further reinforced by key Fibonacci levels, which have previously served as inflection points for Ethereum’s major rallies. At present, Ethereum is positioned around the 14.6% Fib retracement level from its break above $4,000 in September 2024, which is a zone that has historically caused reversals and strong bullish momentum. In addition to the Fibonacci level, Ethereum’s price structure is also currently supported by the monthly 55 Exponential Moving Average (EMA), which is typically known for marking long-term bullish trends. This adds weight to a bounce on the multi-year support trendline. Triangle Formation Confirms The Explosive Move The analyst also noted that ETH has been trading within a triangle pattern in a multi-month timeframe. Triangle patterns often signal a period of consolidation before a strong move in either direction and in Ethereum’s case, the supporting trendlines and Fibonacci levels suggest a higher probability of an upward breakout.  Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 The specific pattern forming on Ethereum’s chart is an ascending triangle, a bullish continuation pattern characterized by a rising lower trendline and a horizontal resistance zone. The upper resistance trendline for this formation sits around the $4,000 mark, a level that has proven difficult to breach three different times this cycle. However, the next try could cause a breakout if Ethereum continues to build on the growing bullish signals with the Fib level and the 50 EMA. Once Ethereum clears the ascending triangle’s upper resistance, the next primary price target would be around $4,867, its current all-time high. At the time of writing, Ethereum is trading at $2,760, up by 1.1% in the past 24 hours. Featured image from Ethereum, chart from Tradingview.com

Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level. The short-term outlook for ETH remains uncertain, as investors speculate on whether the current consolidation phase will lead to a breakout or further declines. Related Reading: On-Chain Metrics Reveal The Most Critical Resistance For Bitcoin – Can BTC Break $97.5K? Despite this, there is a growing sentiment that Ethereum could soon recover. Top analyst Jelle shared a technical analysis on X, revealing that ETH recently took out the lows, retested the key trendline, bounced off key support, and held above the 200-week exponential moving average (EMA). According to Jelle, this confirms that the uptrend structure remains intact, suggesting that ETH still has bullish potential. While price action remains sluggish, Jelle’s analysis highlights that Ethereum is still holding critical levels, which could lead to a strong move upward. If ETH reclaims $2,800 in the coming days, momentum could build toward a push above $3,000. However, if selling pressure continues and ETH loses $2,600, a deeper retrace could be expected. For now, patience is key as Ethereum hovers near crucial technical levels. Ethereum Price Signals Potential Recovery Phase Ethereum has been attempting to reclaim the $2,800 level for the past few days, with bulls struggling to confirm a recovery rally into higher supply zones. Price action remains uncertain, as investors watch closely to see whether ETH can push past this resistance or if selling pressure will drive it lower. The ongoing volatility has kept traders on edge, with some fearing that Ethereum might continue to drop further, testing lower support levels before any potential recovery. Related Reading: Ethereum Could Target $3,000 Once It Breaks Current Supply Levels – Analyst Market sentiment remains divided, with one side expecting a prolonged consolidation or further correction, while the other believes ETH is on the verge of a breakout. Analysts suggest that Ethereum is at a critical juncture, and the coming days could define its short-term trajectory. Jelle’s technical analysis explains that ETH’s recent price action took out its previous lows, retesting the key trendline and holding above the 200-week exponential moving average (EMA) are all good signs. Jelle says the uptrend structure remains intact despite the slow price movement. He acknowledges that this may be one of the slowest uptrends Ethereum has ever experienced, but he still sees bullish momentum building. Jelle also doubts that bears will be able to defend the $4,000 level once more if Ethereum gains strength. As ETH continues to hold key support levels and attempts to reclaim the $2,800 mark, a breakout could lead to a significant rally in the coming weeks. Investors are advised to remain patient as Ethereum navigates this critical phase, with many closely watching for potential trend confirmation. ETH Testing Short-Term Supply Ethereum is trading at $2,805, attempting to hold this level and push higher to confirm a recovery rally. Bulls are trying to establish support at this key price zone, aiming to regain momentum after weeks of consolidation. The price is just 7% away from the critical $3,000 mark, which sits slightly above the 4-hour 200 Moving Average. A break above $2,950 and a successful hold above this level would likely trigger an aggressive bullish recovery, pushing ETH toward higher resistance levels. However, if Ethereum fails to hold above $2,800, the bullish momentum could weaken, leading to another round of selling pressure. In that case, ETH could drop back toward the $2,600 demand zone or even lower. This level has previously acted as strong support, and losing it could indicate further downside risks. Related Reading: Solana Sweeps Lows But Recovers – Can Bulls Reclaim $185 by Friday? For now, Ethereum remains at a pivotal point, where bulls must step up to maintain short-term strength. A breakout above resistance could fuel renewed optimism among investors, while failure to sustain current levels may lead to continued market uncertainty. All eyes are on ETH’s ability to reclaim and consolidate above key resistance levels to determine its next major move. Featured image from Dall-E, chart from TradingView

Ethereum has experienced a prolonged consolidation below key resistance levels, struggling to find momentum as it continues to trade sideways. The price has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. With ETH facing selling pressure and unable to reclaim the $2,800 mark, investors are growing concerned about its ability to recover. Related Reading: Solana Sweeps Lows But Recovers – Can Bulls Reclaim $185 by Friday? Despite the recent choppy price action, some analysts believe Ethereum could be gearing up for a bullish move. Crypto expert Carl Runefelt shared a technical analysis on X, stating that Ethereum has been forming a bullish pattern on the daily time frame. If this pattern plays out, ETH could see a strong breakout in the coming days. Ethereum is holding at crucial demand levels, making the next move critical for its short-term direction. If buyers step in and reclaim the $2,800 level, it could signal a trend reversal and open the door for a rally above $3,000. However, failure to hold support could lead to further downside, increasing selling pressure. With uncertainty looming, traders are closely watching ETH’s price action for confirmation of its next move. Ethereum Consolidation Continues Ethereum investors are trying to stay calm amid ongoing volatility, but fear continues to grow that ETH could see further downside if it fails to reclaim key levels. The price remains stuck in a tight range, trading between crucial liquidity levels of short-term demand and supply. Market sentiment is divided—some investors anticipate a deeper correction and prolonged consolidation, while others believe Ethereum is on the verge of a recovery rally. Runefelt’s analysis on X states that Ethereum is forming a symmetrical triangle pattern and could break out “any hour now.” According to Runefelt, the target for this potential breakout is $3,055, a level that could serve as a turning point for ETH’s short-term trend. However, Ethereum must first reclaim the $2,800 mark and hold above it to confirm the start of a recovery phase. If Ethereum successfully breaks above this resistance, it could trigger a strong rally, pushing prices back toward the $3,000 level. On the other hand, failure to hold support could lead to another wave of selling pressure. With uncertainty looming, all eyes are on ETH as traders await confirmation of its next major move. Related Reading: Ethereum Holds Multi-Year Bullish Structure – Time For A Comeback? With Ethereum trading at a critical juncture, the coming days will be crucial in determining its short-term direction. If bulls sustain momentum and push the price above key resistance levels, confidence in a recovery rally will grow. Price Testing Short-Term Supply Ethereum is trading at $2,750 after nearly two weeks of struggling to reclaim the $2,700 level. While bulls have held above key support levels, ETH remains stuck below crucial resistance, making price direction uncertain. The most critical level that bulls must reclaim is the $2,800 mark, which has acted as a strong supply zone for weeks. If Ethereum closes above the $2,800 level and holds above it, bullish momentum could build up, leading to a breakout. The next major target would be the 200-day Moving Average, which sits around $2,930. A push above this moving average would signal strength and open the door for ETH to test the $3,000 mark. Related Reading: Bitcoin STH Realized Profit Reveals Strong Support Level – Time For A Breakout? However, if ETH fails to break above $2,800 and faces rejection, the market could see renewed selling pressure. This scenario would likely send ETH back toward the $2,600 level, testing lower demand zones. With Ethereum trading in a tightening range, a breakout or breakdown seems imminent. Bulls need to step up and reclaim lost ground quickly, or bears may take control and push ETH into lower price levels. The next few daily closes will be crucial in determining Ethereum’s short-term direction. Featured image from Dall-E, chart from TradingView

Ethereum (ETH) continues to trade in a tight consolidation range, keeping traders and investors on high alert for a potential breakout. The price has struggled to establish a clear trend, with bulls attempting to push higher while bears hold firm at key resistance levels. This prolonged phase of sideways movement suggests that ETH is gearing up for its next big move—but the direction remains uncertain. Periods of consolidation often act as a springboard for significant price swings, making it crucial to watch the key support and resistance zones closely. A breakout above resistance could ignite bullish momentum, while a drop below support might trigger a fresh wave of selling pressure. With market sentiment shifting and external factors influencing price action, Ethereum’s next move could be just around the corner. Current Price Action And Technical Indicators Ethereum’s price action remains in a consolidation phase, with neither bulls nor bears establishing a clear trend. The market is showing signs of reduced volatility, indicating a breakout may be on the horizon. ETH is trading within a defined range, testing key support and resistance levels that will determine its next move. Related Reading: Ethereum Fees Back To Lowest Since August: Is This Bullish? Technical indicators provide mixed signals. The Relative Strength Index (RSI) hovers near a neutral zone, suggesting neither overbought nor oversold conditions. Meanwhile, moving averages highlight key levels as ETH struggles to gain momentum above crucial resistance zones. Volume remains relatively low, signaling a lack of strong buying or selling pressure. With these indicators in focus, Ethereum’s next major move will likely depend on whether bulls can break resistance or if bears succeed in driving prices lower. Traders should keep a close watch on crucial levels to anticipate the direction of the next big price swing. Potential Scenarios For Ethereum: Bullish Surge vs. Bearish Breakdown As Ethereum continues its extended consolidation, the market braces for two possible outcomes: a bullish surge or a bearish breakdown. Both scenarios carry significant implications for traders and investors, making this a critical juncture for ETH’s price action. Related Reading: Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum If buyers regain control and push ETH above the key $2,862 resistance level, a strong breakout is likely to occur. A surge in buying pressure alongside increasing volume, may trigger a rally toward the next major resistance zone at $3,051. More investors are expected to be drawn following a successful move past this level, reinforcing upward momentum. On the other hand, if selling pressure intensifies and Ethereum loses critical $2,518 support, a bearish breakdown could occur. This would open the door for a deeper retracement, testing lower demand zones.  A decline in volume on recovery attempts would indicate weak bullish interest, increasing the likelihood of further downside. In this case, Ethereum eyes lower support zones such as $2,160 before finding stability. Featured image from Unsplash, chart from Tradingview.com

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

According to recent data from CryptoQuant, Ethereum (ETH) reserves on centralized cryptocurrency exchanges have dropped to a nine-year low. Experts suggest that this dwindling ETH supply could indicate an impending ‘supply shock,’ potentially fuelling a significant rally in the cryptocurrency. Ethereum Reserves At 9-Year Low Ethereum, the second-largest cryptocurrency by market cap, continues to trade within the mid-$2,000 range, sitting at $2,721 at the time of writing. Unlike Bitcoin (BTC), ETH has had a relatively quiet 2024, struggling to break past its all-time high (ATH) of $4,878, recorded in November 2021. Related Reading: Ethereum Appears ‘Bottomed Out,’ Analyst Predicts A Rally Is Near This lackluster price action has contributed to waning investor confidence in ETH. However, the digital asset recently managed to defend the critical $2,380-$2,460 demand zone, rekindling bullish hopes for a potential breakout above the stubborn $3,000 resistance level. More notably, ETH reserves on centralized exchanges continue to plummet, which could lead to a supply shock – a scenario where demand for the asset surpasses its liquid supply. If this materializes, ETH may experience rapid price appreciation. For the uninitiated, a supply shock in the crypto industry occurs when the demand for the underlying digital asset exceeds its liquid supply. As a result, the underlying asset – ETH, in this case – may experience sharp price appreciation in a short time. As of today, ETH reserves on centralized crypto exchanges have fallen to 18.95 million, a level last seen in July 2016. Notably, ETH was trading at $14 at the time. Recent analysis from seasoned crypto analyst Crypto Buddha suggests that ETH may be on the verge of a major price move. The analyst highlights how ETH has broken through a diagonal resistance level, signalling a potential bullish breakout. Furthermore, Bitcoin (BTC) is exhibiting similar price behavior. A successful BTC breakout could spark a broader crypto market rally, driving significant gains across various digital assets. Crypto Buddha noted: Bitcoin‘s price action is following a similar pattern with a triangular convergence, raising the question of whether it can break through successfully like Ethereum. Since the low of $91,000, Bitcoin has been consolidating for 10 days. The market is at a crucial juncture, and it’s time to pick a direction. Will ETH Investors Finally Have Their Time? Unlike competitors such as Solana (SOL), SUI, and XRP, which have all seen significant price appreciation over the past year, ETH has struggled to capitalize on bullish momentum. Bearish sentiment surrounding ETH has been on unprecedented levels. Related Reading: Ethereum Positioned For A ‘Major Move Upward’ In 2025, Analyst Forecasts However, analysts are confident that ETH may soon surprise the market. Recent analysis by Titan of Crypto emphasizes that ETH may soon enter its ‘most hated rally,’ leading to major price appreciation.  That said, concerns about the Ethereum Foundation selling copious amounts of ETH continue to haunt the holders. At press time, ETH trades at $2,721, down 4.7% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and Tradingview.com

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 Ethereum price is showing strong signs of a potential breakout, as an analyst predicts a surge to $3,300 in just one week. This forecast shows Ethereum’s projected successful breach of a key resistance level, indicating an imminent price recovery to new highs.   Analyst Projects Ethereum Price Recovery To $3,300 Ted Pillows, a crypto analyst on X (formerly Twitter), has shared a super bullish projection for the Ethereum price despite its recent downturn. The analyst projects that ETH can reach $3,300 in just one week, highlighting key technical patterns and changes in price action to support his prediction. Related Reading: Analyst Says You’ll Regret Not Buying Ethereum At These Prices, Here’s Where It’s Headed Pillows pointed out that a Symmetrical Triangle technical pattern has appeared on the Ethereum chart. This formation is typically seen as a bullish pattern, signaling an imminent price breakout to the upside after a period of consolidation. The crypto analyst described his projected rally for Ethereum as a “short-term pump,” meaning that in the coming days, ETH could easily hit the new price target. Pillows highlighted a breakout area for Ethereum on its price chart. Currently, the cryptocurrency is trading at $2,688 and approaching key resistance levels. If it can break past the symmetrical triangle pattern and breach the resistance level around $2,750, then the analyst suggests that a surge between $3,100 and $3,300 is possible.  Following Ethereum’s projected rise to $3,300, Pillows anticipates a possible move back toward consolidation zones. This suggests that Ethereum may experience a slight price correction and consolidate around that price range for a while. Interestingly, the analyst predicts that once ETH completes its consolidation, it will experience another rally to its next price target.  The price of Ethereum has fallen by over 18% in the past month, highlighting its slow growth and susceptibility to market volatility. If the Ethereum price can surge to Pillow’s projected target of $3,300 by next week, then the cryptocurrency will be on its way toward a much-needed price recovery.  While cryptocurrencies like Bitcoin, Solana, and XRP have all hit respective all-time highs during this bull cycle, Ethereum has failed to experience a rally strong enough to push its price back to historic highs. Nevertheless, analysts remain bullish about the altcoin’s future outlook, highlighting strong fundamentals and bullish technical indicators.  ETH Flashes Bullish Buy Signal According to crypto analyst Merlijn the Trader, Ethereum has just flashed a buy signal on its daily price chart. The analyst also noted that its Moving Average Convergence Divergence (MACD) has just flipped bullish, signaling a potential for an upward trend.  Related Reading: Ethereum Price Enters Bullish Expansion, Analyst Reveals How High It Can Go In February Merlijn the Trader has revealed that the last time all of these technical indicators aligned in this manner, Ethereum pumped by over 66% to new highs. This historical pattern suggests that Ethereum could see a similar upward movement in the future. As a result, the analyst has projected a potential surge to $2,800 for ETH, marking a 4% increase from its current price.  Featured image from Unsplash, chart from Tradingview.com

Ethereum has been trading below the $2,800 mark for the past two weeks as selling pressure at this critical level continues to exhaust bullish momentum. Investors remain cautious amid heightened volatility, fearing that Ethereum could extend its losses if it fails to reclaim key levels. Despite the uncertainty, some analysts see a potential breakout on the horizon. Related Reading: Dogecoin Pulls Back To ‘The Golden Ratio’ – Analyst Expects A Bullish Reversal Top crypto investor Carl Runefelt shared a technical analysis on X, revealing that ETH is currently trading within a 4-hour symmetrical triangle. This pattern suggests that a decisive move is coming, and if Ethereum manages to break out to the upside, it could reclaim key supply levels and push toward $3,000. However, if ETH fails to hold current levels and breaks down from the triangle, further declines could follow. Ethereum has struggled to gain momentum compared to Bitcoin and some other altcoins, raising concerns about its relative weakness in this cycle. Traders are closely monitoring price action, looking for confirmation of the next major move. Whether ETH will break out or see further downside remains uncertain, but the next few trading sessions will likely determine its short-term trajectory. Ethereum Price Testing Crucial Supply Ethereum is attempting to push above the $2,700 mark and hold it as support to confirm the start of a recovery phase. However, the real challenge lies ahead, as the key levels to reclaim remain between $2,800 and $3,000. Analysts warn that if ETH fails to recover these critical supply zones soon, a deeper correction could follow. The market is currently waiting for confirmation in either direction as Ethereum struggles to gain bullish momentum. Carl Runefelt shared a technical analysis highlighting that ETH is trading within a 4-hour symmetrical triangle. This pattern signals an impending breakout, though the direction remains uncertain. Runefelt states that if Ethereum manages to break out to the upside, the immediate target will be the $3,000 resistance level. A breakout above $2,800 would strengthen the bullish case and signal a potential reversal of the recent downtrend. Ethereum has been trading below $3,000 since early February, with selling pressure preventing a breakout. Investor sentiment remains mixed, as some expect ETH to reclaim its bullish trend, while others fear further downside. Volatility remains a major concern, and traders are looking for technical signals to anticipate the next move. Related Reading: Ethereum Historical Indicator Flashes Long-Term Buy Signal – Is History Repeating? The coming days will be crucial for Ethereum as it tries to regain strength. If ETH successfully reclaims the $2,800 mark soon, a bullish breakout into the $3,000 zone becomes inevitable. Traders are closely monitoring price action, looking for confirmation of the next major move. Whether Ethereum will reclaim its bullish momentum or face another leg down remains to be seen. ETH Price Action Details: Technical Levels Ethereum is trading at $2,750 after days of attempting to reclaim the $2,700 level. Bulls are fighting to hold this critical support, as maintaining it could provide the momentum needed for a breakout. If ETH holds above $2,700 and manages to push past the $2,800 mark, it could trigger a bullish surge into higher levels, with $3,000 being the next major target. A move above this level would confirm a reversal of the recent bearish trend and strengthen investor confidence. However, uncertainty remains as selling pressure continues to weigh on ETH. If the price fails to hold above $2,700, bears could regain control and drive the price lower. A breakdown below this level would likely lead to further selling pressure, pushing ETH toward lower support zones. Investors are closely watching for a decisive move, as failure to maintain current levels could result in more pain for holders. Related Reading: Avalanche Holds Key Demand Zone – Analyst Sets $30 Target If Momentum Holds The next few days will be critical in determining Ethereum’s short-term trajectory. A successful reclaim of $2,800 would pave the way for a bullish recovery, while losing $2,700 could lead to a deeper correction. Traders remain cautious, waiting for a clear signal before making their next move. Featured image from Dall-E, chart from TradingView

Ethereum has been struggling below the $2,800 mark for days, unable to reclaim it as support to kickstart a recovery rally. This key level remains a significant barrier for bulls, and as the price continues to consolidate below it, bearish sentiment is growing. Many analysts call for a continuation of the downtrend, reflecting the downbeat mood in the market. Investors, who once believed Ethereum would rally alongside Bitcoin this year, are now showing signs of doubt. Related Reading: Bitcoin Forms Rounding Bottom – Expert Sees Push To $100K Next Week However, not everyone is bearish. Some investors remain optimistic, pointing to signs that Ethereum may be gearing up for a recovery phase. Crypto analyst Ali Martinez recently shared a technical analysis revealing that the TD Sequential indicator has flashed a buy signal on Ethereum’s weekly chart. This rare event has historically indicated the beginning of a significant trend reversal. Martinez points out that whenever this indicator is triggered during the weekly timeframe, Ethereum often follows with strong upward momentum, signaling a potential bullish phase ahead. As Ethereum hovers below the $2,800 resistance, traders and investors are watching closely. If history repeats itself and the TD Sequential signal proves accurate, Ethereum could surprise the market with an aggressive move into higher price levels. Ethereum Prepares For A Recovery Phase Ethereum is testing critical liquidity below the $3,000 level, a significant psychological price point that analysts believe will determine Ethereum’s performance in the coming weeks. This level has become a battleground between bulls and bears, with sentiment in the market remaining highly divided. Retail investors, losing confidence in the potential for a near-term recovery, continue to sell, contributing to downward pressure on the price. Meanwhile, larger players appear to be taking advantage of the dip, accumulating Ethereum at an accelerated pace, signaling confidence in the asset’s long-term potential. Martinez recently shared a technical analysis on X, highlighting a significant historical pattern on Ethereum’s weekly chart. Martinez noted that each time the TD Sequential indicator has flashed a buy signal near the lower boundary of Ethereum’s long-term ascending channel, prices have historically rebounded with strength. This indicator, widely used by traders to spot trend reversals, suggests that Ethereum may be nearing a pivotal moment. According to Martinez, a similar setup is unfolding now as Ethereum consolidates just below key resistance levels. If the TD Sequential signal plays out as it has in the past, Ethereum could be gearing up for a powerful recovery rally. Reclaiming the $3,000 level and holding it as support would mark the first step toward reversing the bearish trend and initiating a long-term uptrend. The coming weeks will be crucial for Ethereum as investors watch for signs of a breakout or a further decline. Related Reading: Dogecoin Adam & Eve Structure Hints At Bullish Potential – Can DOGE Breakout? ETH Consolidates Before A Big Move Ethereum (ETH) is trading at $2,690 after days of sideways trading and market indecision. This period of stagnation has left investors speculating about the short-term direction of ETH, as sentiment remains divided between bullish recovery and further downside potential. The lack of momentum above key resistance levels has contributed to uncertainty, with both bulls and bears struggling to take decisive control. For Ethereum to initiate a recovery uptrend, bulls must reclaim the $2,800 mark as support. This critical level has acted as a key barrier in recent weeks, and breaking above it would pave the way for a push toward the $3,000 mark. A successful move above $3,000, a psychological and technical resistance level, would confirm a reversal of the downtrend and establish bullish momentum in the market. Related Reading: Avalanche Holds Key Demand Zone – Analyst Sets $30 Target If Momentum Holds However, the risk of further downside remains if ETH fails to reclaim the $2,800 level. A retracement could take the price into lower demand zones around $2,500, where stronger support may be found. The next few trading sessions will be critical, as Ethereum’s price action will likely dictate market sentiment and influence its short-term trajectory. Investors are watching closely for a decisive breakout or further consolidation as the market remains uncertain. Featured image from Dall-E, chart from TradingView

Despite a volatile past two weeks, driven by Donald Trump’s proposed trade tariffs and higher-than-expected January 2025 inflation data in the US, Ethereum (ETH) has successfully defended the $2,380–$2,460 demand zone. Now, analysts are eyeing a potential move toward $3,000 for the digital asset. Ethereum Defends Key Demand Zone Amidst Volatility According to an X post by crypto analyst Ali Martinez, ETH has managed to hold above the critical $2,380 – $2,460 demand zone. With no major supply barriers ahead, the cryptocurrency could be on track to reach the $3,000 price target. For the uninitiated, a demand zone in trading is a price area where buying pressure is significantly strong, often leading to price reversals or upward movements. It is identified by historical price action, where demand previously exceeded supply, causing prices to rise. Related Reading: Ethereum Foundation Sells Another 100 ETH, But There’s Still ‘Hopium’ For Holders Crypto trader Daan Crypto Trades shares a similar outlook on Ethereum’s recent price momentum. According to the trader, while ETH has successfully remained above the $2,500 level, the key hurdle to overcome is the $2,800 price level. They noted: The key level for continuation, and for me to say that this correction is over, would be a retake of that $2.8K level. Flips the market structure locally and has been at an important high timeframe level during this cycle. From a technical perspective, fellow crypto trader Merlijn The Trader highlighted the formation of a ‘textbook double bottom’ on the 5-day Ethereum chart. They further pointed out that ETH’s multi-year trendline remains intact, suggesting that the price structure is primed for an upward breakout. Similarly, seasoned crypto influencer Crypto Rover has identified a potential triple-bottom formation on the weekly Ethereum chart. If this pattern plays out, the $4,000 resistance level will be a crucial barrier for ETH to break before it can attempt a new all-time high (ATH). Is ETH About To Surprise The Market? Ethereum’s below-average price performance over the past year has drawn significant attention in the crypto market. Compared to peers like Solana (SOL), XRP, and SUI, ETH has failed to deliver substantial returns to its holders since reaching its current ATH of $4,878 in November 2021. Related Reading: Ethereum Positioned For A ‘Major Move Upward’ In 2025, Analyst Forecasts This lackluster performance has fuelled an unprecedented level of bearish sentiment around ETH. A recent report revealed that ETH short positions have surged by 500% since November, highlighting dwindling investor confidence in the asset. However, this excessive bearish sentiment could set the stage for a surprise move. If ETH manages to trigger a short squeeze, it could force the liquidation of numerous short positions, fuelling a sharp upside rally. At press time, ETH trades at $2,740, up 4.1% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

Ethereum has been struggling below the $2,800 mark for weeks, unable to reclaim it as support and spark a recovery rally. This critical resistance level has kept bulls at bay, leaving the price action stagnant and fueling negative sentiment in the market. Analysts call for a bearish continuation, citing Ethereum’s inability to break through key supply zones. The broader market uncertainty and the persistent selling pressure have only added to concerns, making investors increasingly cautious about Ethereum’s short-term prospects. Related Reading: Cardano Echoes 2020-2021 Pattern – Is A Parabolic Rally On The Horizon? However, not everyone is bearish. Some investors remain optimistic that Ethereum could soon enter a recovery phase. Top analyst Ali Martinez recently shared a technical analysis revealing that Ethereum might be showing signs of a potential rebound. Martinez noted that the TD Sequential indicator—a widely used tool for identifying potential trend reversals—has flashed a buy signal on the weekly chart. This indicator, known for its accuracy in pinpointing moments of trend exhaustion, suggests that Ethereum could be nearing a turning point. As Ethereum consolidates at current levels, the coming weeks will be crucial in determining its next move. Will the buy signal lead to a rally, or will bearish sentiment dominate? For now, all eyes are on the $2,800 mark and whether Ethereum can reclaim it. Ethereum Prepares For A Rebound After last week’s dramatic sell-off, Ethereum plummeted from $3,150 to $2,150 in less than two days, shaking the confidence of investors and leaving the market in turmoil. Although the price has since recovered strongly, climbing back into the $2,600–$2,700 range, Ethereum has struggled to reclaim key supply levels, keeping bearish sentiment alive. The road to recovery remains challenging, with ETH needing to break above the $3,000 mark to signal a reversal of the current bearish trend. Top analyst Ali Martinez has provided some hope for Ethereum bulls, sharing positive data on X that suggests a potential rebound may be on the horizon. According to Martinez’s technical analysis, Ethereum is showing signs of recovery as the TD Sequential indicator flashes a buy signal on the weekly chart. The TD Sequential, a well-respected tool in technical analysis, is specifically designed to identify moments of trend exhaustion and signal potential price reversals. A buy signal on the weekly chart is a particularly strong indicator, suggesting that ETH could be nearing a critical turning point. Related Reading: Avalanche Shows Signs Of Recovery As Key Indicator Flashes A Buy Signal – Details If Ethereum manages to step above the $3,000 mark and reclaim it as support, it would confirm a trend reversal and could spark a rally into higher price levels. However, until this key level is breached, uncertainty remains, and bearish pressure could still dominate. For now, the market is watching closely to see if Ethereum can capitalize on these positive signals and regain its footing. The coming weeks will be crucial in determining whether ETH can shake off its bearish trend and resume a path toward recovery. ETH Price Testing Crucial Supply Ethereum is currently trading at $2,695, consolidating after days of ranging between $2,525 and $2,795. The market remains indecisive, with both bulls and bears waiting for a breakout in either direction. Bulls face the critical challenge of reclaiming the $2,800 level as support to gain momentum and push the price toward $3,000. A move above $3,000 would confirm a recovery rally and potentially mark the beginning of a bullish phase for Ethereum. However, the current price levels are crucial to maintaining a recovery phase. Sustaining the $2,600 support level is essential for bulls to build confidence and attract more buying pressure. Losing this level could disrupt the recovery momentum and spark a deeper correction, pushing ETH into lower demand zones that could see it retest levels below $2,500. Related Reading: Can Bitcoin Hold $97K? – 1-3 Month Holders’ Data Reveals Crucial BTC Demand The next few days will be pivotal for Ethereum’s short-term direction as it continues to hover near key levels. If bulls succeed in reclaiming $2,800 and pushing above $3,000, it could attract renewed interest from buyers and fuel a rally into higher supply zones. Conversely, failure to hold current levels could give bears the upper hand, leading to increased selling pressure and further price declines. For now, Ethereum remains in a critical consolidation phase. Featured image from Dall-E, chart from TradingView

Ethereum has been struggling to regain momentum, trading below the critical $2,800 mark since last Thursday. Bulls are in trouble as the price remains trapped under key supply levels, leaving investors concerned about Ethereum’s short-term future. Many who expected a bullish year for the second-largest cryptocurrency are now questioning their outlook after last week’s massive selling pressure took ETH from $3,150 to $2,150 in less than two days. Related Reading: Can Bitcoin Hold $97K? – 1-3 Month Holders’ Data Reveals Crucial BTC Demand The recent price action has amplified fear and uncertainty among retail investors, with many continuing to sell amid the market turbulence. However, on-chain metrics tell a different story, signaling growing confidence from larger players. Key data shared by top crypto analyst Ali Martinez reveals that whales have accumulated over 600,000 Ethereum in the past week, even as retail investors remain cautious. This divergence highlights a critical trend in the market—retail investors appear scared and reactive, while big players are quietly buying up ETH at discounted prices. As the market grapples with indecision and volatility, this accumulation by whales could set the stage for a significant shift in momentum. If bulls manage to reclaim the $2,800 and $3,000 levels, Ethereum may begin a recovery rally. For now, all eyes are on whether the divergence will lead to a turning point in ETH’s price action. Ethereum Investors Are Divided: Retail Fears Vs. Whales Trust Ethereum remains in a challenging position after last week’s dramatic sell-off, which saw the price drop from $3,150 to $2,150 in less than 48 hours. Despite a strong recovery back into the $2,700 range, ETH has struggled to reclaim key supply levels, leaving many investors cautious. The price remains trapped below crucial resistance at $2,800, with bulls needing to push above the $3,000 mark to shift the bearish trend and regain market confidence. Key metrics shared by crypto analyst Ali Martinez reveal a promising trend amidst the uncertainty. Whales have accumulated over 600,000 Ethereum in the past week, signaling strong buying activity from big players.  This accumulation trend is a stark contrast to the cautious behavior of retail investors, many of whom continue to sell amid fear and uncertainty. The divergence between whale accumulation and retail selling suggests that large investors remain optimistic about Ethereum’s long-term prospects, even as short-term price action remains shaky. Related Reading: Litecoin Approaches Daily Range Peak – Can LTC Break Multi-Year Highs? This whale activity gives hope to investors who believe Ethereum still has the potential to surge this year. A breakout above $3,000, which aligns with the 200-day moving average, could mark a significant turning point for ETH, sparking a rally toward higher price levels. Until then, ETH remains in a critical phase as it navigates between bearish pressure and the potential for recovery. ETH Price Action: Key Levels To Reclaim Ethereum is currently trading at $2,620, attempting to reclaim the $2,700 mark as it battles against key supply levels. Bulls are under pressure to break through resistance at $2,800 and $3,000, as reclaiming these levels would signify a reversal of the daily downtrend that has persisted since late December. The $3,000 mark holds particular significance, as it aligns with the 200-day moving average, a widely watched indicator that signals long-term strength when prices hold above it. A successful push above the $3,000 level could ignite a strong rally, with Ethereum targeting higher price levels quickly. Such a move would restore confidence in the market and signal a potential bullish trend for ETH, which has struggled to regain its footing following last week’s dramatic sell-off. Related Reading: Cardano Is Showing Signs Of A Potential Rebound As Key Indicator Flashes A Buy Signal – Analyst However, if Ethereum fails to hold above the $2,600 mark, the outlook becomes bearish. A breakdown below this level could open the door to further declines, with ETH potentially testing lower demand zones in the coming days. The market remains at a critical juncture, and Ethereum’s ability to reclaim and hold key levels will determine its short-term direction as investors closely monitor the next moves. Featured image from Dall-E, chart from TradingView

After a relatively subdued price performance in 2024, Ethereum (ETH) could be on the verge of a significant breakout. A recent analysis by a well-known crypto analyst suggests that the second-largest digital asset may soon enter what they call its “most hated rally.” Is It Finally Ethereum’s Time To Shine? Since reaching its all-time high (ATH) of $4,878 in November 2021, Ethereum has struggled to regain momentum, while other cryptocurrencies such as Solana (SOL), SUI, and XRP have delivered substantial returns to investors. Related Reading: Ethereum Positioned For A ‘Major Move Upward’ In 2025, Analyst Forecasts Currently, ETH is trading at $2,649 – only 5.5% higher than its price exactly one year ago. In stark contrast, XRP has surged an astonishing 365% during the same period. Even Bitcoin (BTC), despite its much larger market cap, has recorded a 100% gain in the past year. As a result, investor confidence in ETH appears to be dwindling. Recent on-chain analysis indicates that ETH ‘whales’ – wallets with significant ETH holdings – have been offloading, even at a loss. However, this trend could change dramatically. According to crypto analyst Titan of Crypto, Ethereum’s “most hated rally” could be just around the corner. The analyst draws parallels between Ethereum’s current price action and Bitcoin’s behaviour during its third market cycle between 2018 and 2020. The weekly chart below illustrates the striking similarities between the two assets. According to the analysis, Ethereum is currently in what is known as the “manipulation phase.” If history repeats itself, ETH is likely to enter the “run-up phase” once it decisively breaks through the “re-accumulation phase.”  Notably, the chart also highlights that ETH has faced rejection at a crucial resistance level around $4,000 exactly three times – mirroring Bitcoin’s behaviour during its third market cycle before eventually breaking out. Similarly, another crypto analyst, Ted, has compared Ethereum’s price chart to that of XRP. He notes that XRP remained in a consolidation phase for nearly three years, experiencing little to no price movement, only to surge by 250% within just five weeks. Bullish Signs For Ethereum Despite hedge funds holding a large short position on ETH due to its recent subpar price performance, analysts are optimistic that 2025 will bring joy to the ETH bulls. Related Reading: Ethereum Holds Multi-Year Bullish Pattern – Expert Suggests The Next Move Will Be ‘The Real Deal’ For instance, recent analysis by crypto analyst Kiu_Coin suggests that ETH is on the cusp of an explosive price rally that may send it to $17,000. Another report published in January 2025 projects ETH price to climb to $8,000, outperforming BTC. Another sign of growing confidence in Ethereum is the increasing capital inflow into Ethereum exchange-traded funds (ETFs), outpacing Bitcoin ETFs in recent weeks. This trend indicates renewed optimism and a possible capital rotation into ETH. At press time, ETH trades at $2,649, down 1.1% in the past 24 hours. Featured image from Unsplash, charts from X and Tradingview.com

According to a crypto analyst, the Ethereum price is on the verge of a breakout, and investors who don’t buy it now could be left with regrets later. With technical indicators pointing towards a significant price surge, the analyst forecasts that Ethereum (ETH) could climb as high as $12,000 this bull cycle. Ethereum Price Headed To $12,000? Prominent crypto analyst Captain Faibik has issued a stark warning to investors, urging them to buy Ethereum at a particular price low or risk entering the market late and regretting it. With Ethereum’s current price action signaling a potential bullish breakout, Faibik predicts that the cryptocurrency can hit a new all-time high of $12,000 in 2025. Related Reading: Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade Looking at the analyst’s Ethereum price chart, the timeline for this ambitious projection is set around Q4 2025, more than eight months from now. Faibik indicated that Ethereum has been within a consolidation symmetrical Triangle for a while and finally looks ready to bottom.  This week, Ethereum appears to have broken through the descending resistance line of the symmetrical triangle, indicating the start of a potential price rebound. Faibik believes Ethereum has likely hit its market bottom at $2,648 and could go up from here.  Historically, cryptocurrencies that reach a bottom tend to experience a major rally as prices stabilize and momentum builds after consolidation. In the case of Ethereum, Faibik has highlighted the purported $2,648 price bottom as a key buy-the-dip opportunity.  Furthermore, the analyst suggested that entering the market at this level was crucial, as investors risk missing out on potential gains. Faibik predicts that once Ethereum initiates a bounce back, its price could skyrocket as high as $12,000. This massive rally would represent a 353.7% surge, marking Ethereum’s highest price increase since its previous bull run.  Sharing similar bullish sentiments, Kazi, another crypto analyst on X, forecasts that Ethereum will reach $12,203. The analyst also highlighted a breakout from a symmetrical triangle as the trigger for this bullish surge to new ATHs.  ETH Gas Fees Crash, Sparks Rally Speculations In other news, Ethereum’s gas fees have experienced a significant crash, sparking rumours of a potential price rally. Crypto analyst Merlijn the Trader announced this report to his over 312,000 followers on X. The analyst revealed that the Ethereum founder, Vitalik Buterin, had previously promised to fix the initial high gas fees, making them more affordable for the network users. Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 Now, average Ethereum gas fees are down to 0.794 gwei ($0.04), marking a major decrease from their previous high of 0.873 gwei ($0.05). Due to this unexpected but highly welcomed development, Merlijn the Trader, questions whether the crash in Ethereum’s gas fees is signaling the start of ETH’s next rally. Featured image from Adobe Stock, chart from Tradingview.com

Ethereum (ETH), the second-largest cryptocurrency by reported market cap, is facing unprecedented short selling from hedge funds. Notably, short positions in ETH have soared by 500% since November 2024, indicating heightened bearish sentiment toward the digital asset. Institutional Investors Losing Faith In Ethereum? According to a recent post on X by The Kobeissi Letter, Ethereum price is witnessing mounting challenges as short positioning in the cryptocurrency has ballooned in recent times. Notably, ETH short positions are up 40% in the last week, while they are up 500% in the last three months. It is worth highlighting that this is the highest level ever that Wall Street funds have been short Ethereum. Earlier this month, the crypto market got an indication of this bearish ETH positioning, as the digital asset crashed 37% in 60 hours amid Donald Trump’s proposed trade tariffs on Canada, China, and Mexico. Related Reading: Ethereum Poised For A Bullish Q1 2025? Here’s What Experts Say Interestingly, capital inflows to Ethereum exchange-traded funds (ETF) were significantly high in December 2024. In just 3 weeks, ETH ETFs attracted more than $2 billion in new funds, with a record breaking weekly inflow of $854 million. However, hedge funds’ positioning on ETH suggests that they are not very confident in the cryptocurrency’s short-term price outlook. Several factors could be at play for institutional investor’s waning interest in ETH. For instance, ETH is currently trading almost 45% below its current all-time high (ATH) of $4,878 recorded way back in November 2021. In contrast, Bitcoin (BTC) has had a stellar 2024, hitting multiple new ATH, and commanding a market cap that is almost six times larger than that of ETH. The Kobeissi Letter attributes ETH’s current lacklustre price performance to potential “market manipulation, harmless crypto hedges, to bearish outlook on Ethereum itself.” However, the market commentator indicates that this excessive bearish outlook may set ETH up for a short squeeze. They add: This extreme positioning means big swings like the one on February 3rd will be more common. Since the start of 2024, Bitcoin is up ~12 TIMES as much as Ethereum. Is a short squeeze set to close this gap? ETH Short Squeeze To Initiate Altseason? A short squeeze on ETH could teleport its price to as high as $3,000, or even $4,000. However, according to seasoned crypto analyst Ali Martinez, ETH must defend the $2,600 support level to climb higher. Related Reading: Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery Recent reports indicate that ETH has likely bottomed, paving the way for a trend reversal to the upside. Another report by Steno Research suggests that ETH is likely to outperform BTC in 2025, with potential targets as high as $8,000. That said, concerns still remain about the Ethereum Foundation regularly dumping ETH. At press time, ETH trades at $2,661, up 0.1% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

Ethereum has been struggling below the $2,800 mark for days, with sentiment around the second-largest cryptocurrency in the world becoming increasingly negative. Persistent selling pressure has left investors and analysts worried about Ethereum’s ability to stage a recovery, with many starting to lose hope for a rally.  The bearish sentiment has only intensified as ETH continues to underperform compared to Bitcoin and other major assets, causing frustration among market participants who expected a stronger start to the year. Related Reading: Bitcoin Indicator Signals Short-Term Holders Have Been Taking Profits – Is The Next Rally Near? Despite this negative outlook, there are reasons for optimism. Top analyst Jelle shared a technical analysis revealing that Ethereum is still trading within a multi-year ascending triangle, a bullish chart pattern that could signal a significant move higher. This pattern suggests Ethereum may just be consolidating before a potential breakout into higher prices. Historical patterns have shown that ascending triangles often lead to explosive price moves when key resistance levels are breached. As ETH trades near critical support levels, the coming days will be crucial for determining its short-term direction. Investors are watching closely to see if this bullish pattern holds and whether Ethereum can regain momentum, potentially sparking a recovery that could restore confidence in the market. Ethereum Prepares For A Decisive Move Ethereum appears to be gearing up for a decisive move as it struggles to reclaim momentum amid a challenging market environment. Investors are growing increasingly frustrated with Ethereum’s lackluster price action, and optimism for a rally is fading.  Compared to Bitcoin and other altcoins like Solana, Ethereum has been underperforming, leaving bulls with little control over the price action. The constant selling pressure has dampened hopes for a recovery, leading many to question whether Ethereum can regain its footing. However, not all hope is lost. Top analyst Jelle recently shared a technical analysis on X, pointing out that Ethereum is still trading within a multi-year ascending triangle—a bullish pattern that historically precedes explosive moves.  According to Jelle, Ethereum’s price has faked out on both sides of this structure, a behavior that often suggests the next move will be the real deal. This technical setup indicates that Ethereum is building energy for a significant breakout or breakdown. Related Reading: Solana Holds Support Above Key Indicator – Expert Sees Push To ATH If Momentum Returns Jelle also highlights the $4,000 mark as a critical supply zone. Ethereum has tested this level three times without success, but he believes the fourth attempt could finally break through. If Ethereum can clear this key resistance, it would mark a turning point and potentially ignite a rally into price discovery, restoring confidence among investors. Price Analysis: Key Levels To Hold Ethereum is currently trading at $2,650 after several days of selling pressure and market uncertainty. The price has struggled to reclaim the $2,800 mark since last Wednesday, reflecting a bearish sentiment that has dominated ETH’s price action since late December. Bulls are facing increasing challenges as the momentum remains on the side of the bears, and confidence among investors continues to weaken. To reverse the ongoing downtrend, bulls need to hold the $2,600 level as strong support. This price has acted as a key demand zone in the past and could provide the foundation for a recovery. However, simply holding this level is not enough—Ethereum must also reclaim the $2,800 mark and, more importantly, break above the $3,000 level to signal a shift in market sentiment. Related Reading: Whales Accumulate 100 Million Dogecoin In 24 Hours – Demand Signals Growing Confidence If Ethereum can hold above $2,600 and successfully reclaim both the $2,800 and $3,000 levels, it could spark a push into higher supply zones. A move like this would provide the momentum needed for bulls to regain control and potentially drive ETH toward stronger resistance levels. However, failing to hold $2,600 could open the door to further downside, with the next critical support levels significantly lower. Featured image from Dall-E, chart from TradingView

A crypto analyst has shared a new bold forecast for the Ethereum price, predicting that the number one altcoin is on the verge of an explosive rally to $17,000. The analyst has cited past trends to support his bullish projections, highlighting that Ethereum rallies significantly after a decline. Ethereum Price Forecast Targets $17,000 According to Kiu_Coin, the Ethereum season has just begun, opening up possibilities of price reversals and buying opportunities. Lately, the Ethereum price has been trading sideways, experiencing massive declines that the analyst has described as a “shake out.”  Related Reading: Ethereum Price Enters Bullish Expansion, Analyst Reveals How High It Can Go In February His chart shows that Ethereum has recorded a unique pattern of shakeouts over the past years, followed by explosive upward moves. In this context, a shakeout refers to a sudden drop in the price of a cryptocurrency that forces weak players​​ in the market to sell their holdings before the price reverses and surges upward.  In his price chart, Ethereum experienced a final shakeout around 2020, during the previous bull market. This substantial decline was followed by a significant price spike in 2021, marking new ATHs for ETH. At the time, the cryptocurrency had skyrocketed by 1,310.6%, recording one of its largest price increases.  The current price is about $2,637, experiencing a shakeout similar to that in 2020. While other altcoins rallied these past few months, the Ethereum price has struggled with volatility and stagnation.  This bearish trend or shakeout has led to significant sell-offs by investors. If history is any indication, Kiu_Coin believes that once Ethereum concludes this decline stage and weak hands are removed from the market, the cryptocurrency could experience a bullish breakout to new highs. Update On ETH Price Analysis The TradingView expert projects an upward move toward the $17,000 price target. This would represent a 732% increase for Ethereum over the next 217 days, seven months from the time of the analysis. Support levels around $2,173 and $2,069 have also been marked on the chart, representing price levels that may prevent further decline in ETH.   As mentioned earlier, the Ethereum price has been on a severe downtrend, failing to meet the market’s expectations as its value drops steadily below the $3,000 mark. While other altcoins have recorded year-to-date increases, CoinMarketCap’s data shows that the Ethereum price has only increased by 5% since the beginning of the year.  Related Reading: Ethereum Price Analysis: ETH Faces ‘Moment Of Truth’ After Crash Toward $3,000 Over the past month, the cryptocurrency experienced an 18.5% price crash owing to market volatility and the sudden decline in Bitcoin’s value. Although ETH struggles to recover from bearish trends, its 24-hour trading volume of $19 billion is up by 20.9%. Featured image from Adobe Stock, chart from Tradingview.com

In a dramatic shift, hedge funds appear to be ramping up short positions in Ethereum at a rate not seen before, sparking questions on whether the second‐largest cryptocurrency by market capitalization could be facing troubled waters—or if something else is at play. According to renowned analysts from the Kobeissi Letter (@KobeissiLetter), short positioning in Ethereum “is now up +40% in ONE WEEK and +500% since November 2024.” Their findings, shared on X, argue that “never in history have Wall Street hedge funds been so short of Ethereum, and it’s not even close,” prompting the question: “What do hedge funds know is coming?” Massive Ethereum Short Squeeze Coming? The Kobeissi Letter’s thread highlights an extreme divergence between Ethereum’s price action and futures positioning among hedge funds. They point to an especially volatile period on February 2, when Ethereum plunged by 37% in just 60 hours as trade war headlines emerged, wiping out more than a trillion dollars from the crypto market “in HOURS.” Related Reading: Ethereum Stuck Below $2,800 Resistance – Bulls Need A Higher Low To Recover The analysts note how ETH inflows were robust during December 2024—even as hedge funds were reportedly boosting short exposure. According to the Kobeissi Letter: “In just 3 weeks, ETH saw +$2 billion of new funds with a record breaking weekly inflow of +$854 million. However, hedge funds are betting ETH’s surge and limiting breakouts.” They also underscore spikes in Ethereum trading volume, particularly on January 21 (Inauguration Day) and around the February 3 crash. Despite the historically high inflows, Ethereum’s price has “failed to recover the gap lower even as one week has passed,” and currently trades “~45% below its record high set in November 2021.” One of the biggest unknowns remains why hedge funds are so dedicated to shorting ETH. The analysts write: “Potential reasons range from market manipulation, to harmless crypto hedges, to bearish outlook on Ethereum itself. However, this is rather strange as the Trump Administration and new regulators have favored ETH. Largely due to this extreme positioning, Ethereum has significantly underperformed Bitcoin.” Related Reading: Ethereum Trades Inside A Multi-Year Bullish Pennant – Analyst Sees A Breakout Above $4K The Kobeissi Letter concludes its thread by drawing attention to Bitcoin’s outperformance and poses the question of whether a short squeeze could be in the making: Could Ethereum be setting up for a short squeeze? This extreme positioning means big swings like the one on February 3rd will be more common. Since the start of 2024, Bitcoin is up ~12 TIMES as much as Ethereum. Is a short squeeze set to close this gap?” Glassnode’s CryptoVizArt Fires Back Not everyone in the crypto analytics sphere is convinced that the tidal wave of Ethereum short positions signals a bearish outlook. Senior researcher at Glassnode, CryptoVizArt.₿ (@CryptoVizArt), took to X to challenge the alarmist takes circulating on social media: “Barchart is screaming, ‘Largest ETH short in history!’ and crypto Twitter is running around like headless chickens. Seriously, if you fell for this clickbait headline, it’s time to up your game. Let’s set the record straight.” In a detailed thread, CryptoVizArt points out that the widely shared chart on hedge fund short positions likely represents only one subset of the market (e.g., “Leveraged Funds / Hedge Funds/CTAs”) and does not account for other significant market participants such as asset managers, non‐reportable traders, and on‐chain holders. They add that similar “massive shorts” were seen in Bitcoin futures as well, yet BTC outperformed ETH during the same period. Furthermore, CryptoVizArt emphasizes that CME Ether futures are just one sliver of global crypto derivatives. Liquidity on platforms like Binance, Bybit, OKX, as well as on‐chain positions and spot markets, offer a broader view than any one exchange’s data might suggest. “One group’s net short ≠ the entire market is net short. Hedge positions ≠ purely bearish bets.” Their final note: much of the positioning could be part of “non‐directional strategies—such as cash‐and‐carry,” which are neutral strategies used to lock in arbitrage gains and are not simply a direct bet against ETH. At press time, ETH traded at $2,629. Featured image created with DALL.E, chart from TradingView.com

Ethereum experienced its most aggressive selling pressure in history last Monday, with the price plunging 25% in a single day. This dramatic drop shook the entire market, leaving investors on edge. However, Ethereum quickly rebounded, erasing the entire drop within hours, sparking optimism for a recovery. Despite the swift rebound, Ethereum now faces significant risks as it trades slightly below a critical resistance level, raising concerns about its ability to maintain upward momentum. Related Reading: Solana Holds Support Above Key Indicator – Expert Sees Push To ATH If Momentum Returns Top crypto analyst Daan shared a technical analysis highlighting that Ethereum is once again respecting the $2,800 level but failed to push through on its first test. This resistance level has become a focal point for bulls, as reclaiming it is essential for any sustained recovery. According to Daan, the $2,800 mark is crucial in determining Ethereum’s next move, with the potential to either reignite bullish momentum or lead to further consolidation and declines. With the market still grappling with uncertainty, all eyes are on Ethereum’s ability to reclaim this key level. Bulls must hold strong to prevent another wave of selling pressure, as the coming days will likely shape the cryptocurrency’s short-term trajectory and determine if it can sustain its recovery. Ethereum Prepares For Decisive Move Below $2,800 Ethereum is trading below the $2,800 mark, and it appears to be gearing up for a decisive move that will shape its short-term direction. Investor sentiment around Ethereum remains bearish, with many growing frustrated by its inability to reclaim key levels. Hopes for a rally for the second-largest cryptocurrency are dwindling as price action continues to disappoint. Daan shared a technical analysis on X, highlighting Ethereum’s repeated failure to break through the $2,800 resistance level. “ETH is respecting the $2.8K level as resistance yet again and failed to push through on the first test back up there,” Daan stated.  The current price action leaves Ethereum in a kind of “no man’s land,” making it essential to determine where a higher low might be created. This higher low could serve as a foundation for either a range-bound movement or a potential breakout. Related Reading: Whales Accumulate 100 Million Dogecoin In 24 Hours – Demand Signals Growing Confidence Daan suggests that from this point, Ethereum might form a range, which will help reassess its next move. The coming days will be crucial for Ethereum as traders and investors closely monitor whether the cryptocurrency can establish support at lower levels or stage a breakout above $2,800. Failing to reclaim this key level could prolong the bearish trend and lead to further declines, while a successful breakout could spark renewed bullish momentum. Price Struggles Below Key Resistance Levels Ethereum is currently trading at $2,640 after failing to push above the $2,700 mark since Friday. Bulls appear to have lost momentum, with the price facing strong resistance between $2,700 and $2,800. This key supply zone has capped Ethereum’s upward movement, leaving the market in a state of uncertainty. To regain bullish momentum, Ethereum must find strong demand at current levels and break above this critical resistance zone. Reclaiming these levels as support would be the first step toward reversing the bearish trend that has gripped the market since late January. Without such a move, Ethereum remains vulnerable to further downside risks. If Ethereum fails to hold above $2,600 in the coming days, the price is likely to experience a deeper correction. A drop below this level could push ETH into lower demand zones, testing support around $2,500 or lower. Traders and investors will be closely watching the $2,600 level as a critical threshold for Ethereum’s next move. Related Reading: Massive XRP Accumulation – Whales Bought 520 Million XRP During Market Dip For now, the outlook remains bearish, and the coming days will be crucial in determining whether Ethereum can muster the strength to reclaim key levels or whether further declines are on the horizon. Featured image from Dall-E, chart from TradingView

Ethereum experienced one of the most aggressive sell-offs in its history on Monday, plunging 25% in a single day amid market-wide panic. The rapid decline sent shockwaves through the crypto space, marking one of the most volatile trading sessions ever recorded for ETH.  Related Reading: Bitcoin Support Sits At $90,6K Short-Term Holder Realized Price – Expert Reveals Key Resistance Level However, within hours, the price rebounded, erasing nearly the entire drop and stabilizing above key support levels. Despite this swift recovery, Ethereum now faces serious risks as it trades slightly below a crucial resistance level, leaving investors uncertain about its next move. Top analyst Daan shared a technical analysis on X, revealing that both Bitcoin and Ethereum are currently in consolidation, attempting to form a higher low after the dramatic market flush from this weekend. He noted that this phase is critical for determining the next major trend, as holding above current levels could signal the beginning of a new bullish leg.  Failure to establish strong support could lead to further downside, putting Ethereum at risk of another correction. With uncertainty still looming, all eyes are on ETH’s ability to reclaim lost ground and establish momentum for a potential breakout in the coming days. Ethereum Prepares for a Decisive Move Amid Uncertainty Ethereum is currently trading below the $2,800 mark, struggling to gain momentum after last week’s historic volatility. The recent price action has left investors frustrated, as hopes for a strong rally continue to fade. While Bitcoin has shown relative strength, Ethereum remains stuck in a tight range, unable to break above key resistance levels. The uncertainty in the market has led to a decline in investor confidence, with many questioning whether ETH will be able to reclaim its bullish structure anytime soon. Top analyst Daan shared a technical analysis on X, revealing that consolidations are forming everywhere. He noted that BTC, ETH, and most altcoins are displaying similar patterns—attempting to establish a higher low after the aggressive flush from the weekend. According to Daan, if Ethereum successfully breaks above its consolidation channel, it could gain the momentum needed to push above key supply levels and start a new bullish phase. However, failure to do so could lead to more downside pressure. The coming weeks will be crucial for Ethereum’s price trajectory. If ETH can hold above $2,700 and push toward $3,000, it may spark renewed interest from investors. However, continued failure to reclaim key resistance levels could push Ethereum into deeper consolidation, further frustrating market participants. Related Reading: Ethereum Is Testing Key Support on the ETH/BTC Chart – A Parabolic Move Could Be Next Despite short-term uncertainty, institutions are continuing to accumulate ETH, recognizing its long-term value. Historically, these periods of consolidation have been followed by explosive price movements. Price Struggles Below $2,900  Ethereum is currently trading at $2,750 after days of consolidation below the $2,900 mark. Despite multiple attempts to push higher, ETH has struggled to reclaim key resistance levels that would signal a shift in momentum. The price action remains uncertain, with bulls attempting to hold the $2,700 support zone while looking for a breakout above the $2,800 mark to regain short-term control. The most critical resistance level remains the $3,000 mark. If Ethereum can successfully push above this price and turn it into support, it will open the door for a rally into higher supply levels. This would strengthen the bullish case and potentially trigger a move toward $3,300 or higher. Related Reading: Solana Could Target $220 If It Holds Current Levels – Analyst Expects Short-Term Bullish Momentum On the downside, holding above $2,700 is crucial for avoiding further selling pressure. If ETH fails to defend this level, a drop toward $2,600 or even $2,500 could be the next move. However, as long as Ethereum remains within this consolidation range, traders will continue to watch for a decisive breakout. A close above $2,800 in the coming days would be the first sign that bulls are gaining momentum and that a new uptrend is beginning. Featured image from Dall-E, chart from TradingView

Ethereum’s price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulation pattern for Ethereum.  According to technical analysis by Ted Pillows, Ethereum has printed a capitulation candle in early 2025, just as it did in the first quarter of 2024 and the third quarter of 2023. Capitulation Candles And Ethereum Historical Patterns TedPillows’ analysis highlights that the Ethereum price has undergone three major capitulation events in the past two years, all of which led to substantial price rebounds. Particularly, these capitulations have taken place in the weekly candlestick timeframe, where the Ethereum price witnessed intense selling pressure throughout the week. However, historical price playout shows that these capitulations have often marked the bottom before a massive price rally.  Related Reading: Ethereum Price Forms Flag And Pole Pattern For Possible Breakout, New Targets Emerge The first of such capitulations occurred in Q1 2024 and eventually led to a 100% rally over the next three months, with the Ethereum price reaching $3,950. The second capitulation took place in Q3 2024, leading to a similar upswing. With Ethereum now experiencing another capitulation moment in early 2025, the analyst suggests that the pattern is set to repeat. He believes that Ethereum is once again forming a market bottom, setting the stage for an aggressive upward move. Ethereum’s 100% Price Surge And Potential Peak If Ethereum follows its previous trajectory, the next eight to twelve weeks could bring a significant price increase, even as the leading altcoin currently struggles around $2,700. A 90%-100% pump after the recent capitulation would push the Ethereum price past key resistance levels and above its current all-time high.  Related Reading: Is It Time To Give Up On Ethereum Below $4,000? Analyst Weighs The Facts TedPillows’ analysis suggests that Ethereum’s ultimate price target following this capitulation could reach as high as $8,000. However, it is likely to encounter significant resistance near $3,950, a level that has historically triggered rejections in past capitulation cycles. Should Ethereum struggle to break through this barrier again, a temporary pullback could be on the horizon before any sustained move higher. Meanwhile, Spot Ethereum ETFs are attracting heavy inflows despite Ethereum’s price downturn. Institutional investors appear to be capitalizing on the dip and increasing their ETH holdings in anticipation of a broader market rebound. Spot Ethereum ETFs have recorded $513.8 million in inflows in the last six trading days, with BlackRock leading the charge by acquiring $424.1 million worth of ETH. This steady accumulation from institutional holders suggests growing confidence in Ethereum’s long-term potential and could lay the foundation for the projected 100% surge in the next eight to twelve months. At the time of writing, Ethereum is trading at $2,725, down by 4% in the past 24 hours. Featured image from Unsplash, chart from Tradingview.com

Ethereum experienced one of the craziest days in its history last Monday, plunging over 30% in less than 24 hours amid widespread market panic fueled by U.S. trade war fears. However, within hours, ETH staged an impressive recovery following President Trump’s announcement of negotiations with Canada and Mexico to ease tariff concerns. This sharp rebound has reignited optimism among investors, with many now closely watching Ethereum’s next move. Related Reading: Bitcoin Looks Stronger Compared To Altcoins – Demand Remains Strong As Price Consolidates In A Range Despite the recent volatility, top analyst Jelle shared a technical analysis revealing that Ethereum is still trading within a massive bullish pennant that has been forming since 2021. This long-term structure suggests that ETH remains in a consolidation phase, building momentum for a breakout. According to Jelle, once Ethereum decisively breaks out of this pattern, a massive rally into price discovery is expected. As the market stabilizes and investors reassess their positions, ETH remains one of the most closely watched assets. While short-term price action is unpredictable, the long-term bullish structure provides strong support for Ethereum’s growth potential. Traders and analysts alike are now looking for key technical signals that could confirm a breakout and propel ETH into new all-time highs. Ethereum Struggles Below Key Supply Levels Ethereum is currently facing serious selling pressure, struggling to reclaim the crucial $3,000 mark. Bulls are in trouble as ETH remains trapped below this level, leading to heightened uncertainty and volatility in the market. Related Reading: Ethereum Is Testing Key Support on the ETH/BTC Chart – A Parabolic Move Could Be Next  Every day that Ethereum trades below $3,000 increases the likelihood of a deeper correction, as traders remain cautious and sentiment weakens. The inability to gain momentum above this psychological level has left investors concerned about ETH’s short-term direction. However, despite the ongoing struggles, top analyst Jelle shared a technical analysis on X, revealing that Ethereum is still trading inside a massive bullish pennant. According to Jelle, ETH has deviated from both the highs and the lows of the pattern, and now the market is setting its direction to tag key supply levels. This means that while short-term price action remains uncertain, Ethereum’s long-term structure suggests that a breakout could be on the horizon. Jelle believes that once Ethereum manages to push above the bullish structure, a break above the $4,000 mark will follow. This breakout would confirm a rally into price discovery, setting the stage for Ethereum to reach new all-time highs. While bears remain in control for now, the long-term bullish formation suggests that ETH could be gearing up for a major move in the coming months. Price Action Details: Technical Levels  Ethereum is currently trading at $2,820, still unable to test the critical $3,000 level. Price action remains weak, as ETH struggles to break above the $2,900 mark, which has now turned into a short-term supply zone. The failure to push higher signals that bulls are losing momentum, and the market remains in a state of uncertainty. If Ethereum loses the $2,800 support level, a deeper correction could unfold, potentially dragging the price down to the $2,500 region. This would be a significant setback for bulls, as it would confirm further downside pressure and could extend the current consolidation phase. On the other hand, if ETH manages to reclaim the $3,000-$3,100 level in the coming days, it would signal renewed bullish momentum. A successful breakout above this range could ignite a massive surge, pushing Ethereum toward higher supply levels and setting the stage for a potential run toward $3,500 and beyond. Related Reading: ‘Solana Breakdown Fails’ – Holding $205 Is Crucial To Trigger a Push Higher For now, Ethereum remains at a crucial juncture, with price action signaling both risk and opportunity. Traders and investors are closely watching key resistance and support levels, as ETH prepares for its next major move. Featured image from Dall-E, chart from TradingView