Ethereum has been consolidating below $2,200 for weeks. The selling pressure is real. The uncertainty is higher. And the participants who hold enough ETH to move markets just crossed back into profit, which, in the history of this asset, has never happened quietly. Related Reading: Ethereum Mirrors A 2023 Setup As Buyers Take Control Of Derivatives On Binance A CryptoQuant analyst tracking the behavior of Ethereum’s largest holders has identified a transition that demands attention precisely because of how rarely it occurs. The cohort holding more than 100,000 ETH — wallets large enough that their decisions do not just reflect the market, they influence it — briefly entered an unrealized loss state as Ethereum’s price declined. They have now returned to profitability. That sequence matters for a specific structural reason. When whale-sized holders are underwater, they face a choice between absorbing the loss and selling to prevent it from deepening. The market lives under that overhead. Every session at the wrong price level is a session where the largest holders have an incentive to exit. When that cohort returns to profit, the incentive structure inverts — they are no longer potential sellers defending a loss, they are holders with gains and no urgency to move. Every Time. Without Exception. Until Now, Nobody Was Watching The analyst’s historical reading is the element that transforms the current whale profitability transition from a data point into a signal. In the entire recorded history of Ethereum, every single instance where this cohort — holders of more than 100,000 ETH — crossed from an unrealized loss state back to a profitable state marked the beginning of a rally. Not in most instances. Not the majority. Everyone. That is not a tendency. It is a pattern with a perfect track record across every market cycle Ethereum has experienced. The corrections, the bear markets, the prolonged consolidations — each one produced at least one moment where the largest holders briefly went underwater before recovering. And each one of those moments, without exception, preceded upward movement. The analyst’s conclusion is stated without embellishment: that historic signal has appeared again. What that means for the current consolidation below $2,200 is not a guarantee — no signal in financial markets carries certainty, and the macro environment remains genuinely uncertain. What it means is that the on-chain condition that has historically marked the beginning of Ethereum rallies is now present, for the first time since the current correction began. The pattern has never been wrong. The question is whether this cycle is the first time it fails — or the latest time it does not. Related Reading: Capital Is Rotating From Bitcoin To Ethereum – On-Chain Data Shows It Is Not Over Ethereum Holds Critical Weekly Support as Structure Tightens Ethereum is consolidating near the $2,150–$2,200 region on the weekly timeframe, a level that is increasingly acting as a structural pivot. After the rejection from the $4,000–$4,500 range in late 2025, ETH entered a corrective phase that found support just above the 200-week moving average (red), preserving the long-term trend despite the volatility. The current structure reflects compression rather than continuation. Price is trading between the 100-week (green) and 200-week moving averages, while the 50-week (blue) has flattened and is beginning to turn slightly upward. This convergence of key averages signals a market in equilibrium, where neither buyers nor sellers have clear control. Related Reading: XRP Supply Is Thinning, and Leverage Is Absent. Learn What Happens When One Of Those Changes Importantly, the recent downside wicks into the $1,700–$1,800 zone were met with strong buying, indicating demand remains active at lower levels. However, upside attempts have stalled below the $2,400–$2,600 region, reinforcing that resistance remains intact. Volume patterns align with this interpretation. Spikes during sell-offs suggest liquidation-driven moves, while the current normalization indicates reduced stress but limited conviction. Structurally, Ethereum is coiling within a broad range. A break above $2,500 would confirm strength, while a loss of $2,000 would expose deeper support. For now, the market remains balanced, awaiting resolution. Featured image from ChatGPT, chart from TradingView.com
Ethereum (ETH) slid on Tuesday, trading just above $2,080 as the wider crypto market weakened — a level well shy of a critical threshold identified by expert Ali Martinez as the trigger for a sustained macro bull run. In a breakdown shared on social media platform X, Martinez argued that reclaiming a realized price near $2,500 would mark the moment the average holder returns to profit and signal the end of the market’s “cooling period,” opening the door to a renewed, extended rally. Technical Crossroads For Ethereum Martinez framed the current price action in technical terms, suggesting Ethereum could be forming an ascending triangle. In that scenario, he places a “line in the sand” at roughly $1,800, and notes that this figure overlaps closely with the 0.80 MVRV pricing band at about $1,880. MVRV, or Market Value to Realized Value, compares an asset’s market price with the average price paid for the asset by holders; Martinez describes the 0.80 band as an “Average Receipt” indicator that has historically marked cycle bottoms. When the band is reached, he said, Ethereum and the broader cryptocurrency market is often in a state of “extreme pain,” a phase in which selling tends to exhaust itself and long-term holders step in. Related Reading: Bitcoin Rainbow Chart Says Price Is Ranging Above $60,000 For A Reason, Here’s Why Beyond the ascending triangle scenario, Martinez acknowledged a more bearish alternative. If Ethereum’s price is actually confined within a parallel channel rather than an ascending triangle, he warned that a deeper reset is possible. In that case, he is watching the channel’s outer limits at approximately $1,550 and $1,070. To support these observations, he pointed to the URPD — the UTXO Realized Price Distribution, a tool that maps the prices at which existing ETH last moved. Martinez calls this distribution “the market’s memory,” because it identifies levels where large clusters of coins were acquired and where defending buy pressure is likely to appear. $4,900 Near‑Term And $5,900 Longer‑Term According to Martinez’s URPD read, the most significant buy walls below the 0.80 MVRV band are at roughly $1,584, $1,238, and $1,089. These price clusters, if tested, could generate meaningful support as holders who bought at those levels attempt to defend their positions. Martinez believes accumulation is likely to occur in the “low‑thousands”; however, he asserted that the “start engine” for the next major upward leg is Ethereum reclaiming its realized price at $2,500. If Ethereum can break and sustain above $2,500, Martinez says the technical and on‑chain signals would point toward a “target‑rich environment.” Related Reading: Underdog Bitcoin Miner Bags $210,000 BTC In Stunning Block Discovery His analysis places a near-term upside toward $4,900— a level he ties to the structure of the ascending triangle — and ultimately toward the 2.40 MVRV band, near $5,900, which would represent a new all-time high for the Ethereum price. Reaching those zones, in the expert’s view, would confirm that average holders are back in profit and that the market has shifted decisively from accumulation to a broader speculative phase. Featured image from OpenArt, chart from TradingView.com
The market’s second-largest cryptocurrency, Ethereum (ETH), surged nearly 3% on Wednesday, extending a short-term recovery that has brought the altcoin to the key $2,160 level. Market analyst Ali Martinez flagged the move as part of a potentially significant shift in Ethereum’s technical outlook, writing on social media platform X (previously Twitter) that price action is showing “signs of a major trend shift from bearish to bullish.” On‑Chain Signals Strengthen Breakout Case Martinez pointed to the altcoin’s weekly chart, where Ethereum appears to be tracing an ascending triangle formation. He noted that ETH’s bounce to $1,800 on February 26 lined up with the triangle’s hypotenuse—an alignment that, in past instances, has preceded bullish continuations. Similar patterns seen in previous market cycles offer investors reason for optimism. As the price tightens toward the triangle’s apex, historical patterns suggest that a breakout to the upside is more likely. Related Reading: BlackRock Crypto Outlook: CEO Predicts $500M A Year In Revenue Within Next Five Years The analyst also highlighted on-chain context to bolster the bullish case. Martinez observed that the market value to realized value (MVRV) ratio fell below 0.8 at the same time ETH tested the triangle’s support. According to his read, that specific MVRV threshold has previously coincided with important buy signals, which makes the recent reset more meaningful than a random bounce. Adding to the technical narrative, the SuperTrend indicator flipped to bullish for the first time since May of last year, indicating that momentum may be shifting back in favor of buyers. Martinez had previously observed in a social media analysis that this suggests that Ethereum’s consolidation or accumulation period may be coming to an end, with the $1,800 support playing a crucial role in a scenario where selling pressure emerges and challenges this crucial level. Ethereum Price Targets Identified The analyst set out several price bands between market value and realized value that could serve as resistance points if Ethereum continues its recovery in the short, medium, and long term. Martinez stated that the first significant objective to be reclaimed was $2,356, which was not exceeded in the broader market surge witnessed last week. Mid-term targets at $2,647 and $3,639 came next. Related Reading: Bitcoin, XRP Rallies Won’t Hold Until Oil Falls Toward $80, Expert Warns Looking ahead, the analyst indicated $4,632–the last resistance before reaching all-time highs of $4,956–and $5,624 as longer-term “expansion” zones that would indicate further positive momentum. Despite the bullish signals, Martinez was careful to temper expectations: he emphasized that a full-blown bull market is not yet guaranteed. Still, he argued that the convergence of technical support, the MVRV buy signal, and the SuperTrend flip represent the strongest combination of bullish indicators for Ethereum seen in a while. Featured image from OpenArt, chart from TradingView.com
Ethereum is trading below $2,200. The market is volatile. And yet, quietly, the structural case for ETH has never looked more constrained on the supply side. A new CryptoQuant report reveals that 38.31 million ETH — roughly 31.4% of the total supply — is now locked in staking, an all-time high. That is not a footnote. It is the most significant supply development in Ethereum’s recent history, and the price has not caught up to it yet. Related Reading: Bitcoin Structure Has Changed: UTXO Data Challenges Traditional Cycle Narratives The data is unambiguous: the ETH 2.0 Staking Rate indicator just recorded its highest reading ever, meaning nearly one in three Ether in existence is off the market, unavailable for immediate sale, and contributing nothing to exchange liquidity. Simultaneously, the circulating supply of Ethereum on Binance has fallen to its lowest level since 2020 — a parallel compression that tightens the market from two directions at once. The analysis reveals a market hollowing out from the inside. Sellers have less to sell. Buyers face a thinner book. And volatility, for now, is masking a structural shift that the price has yet to fully price in. A Market Being Drained From Both Ends The report makes the consequence plain: nearly one third of all Ethereum in existence is no longer available for immediate sale. That is not a temporary dislocation. It is the cumulative result of a sustained behavioral shift — investors moving capital out of active trading and into long-term staking, with no indication of reversal. The exchange data sharpens the picture further. Ethereum’s circulating supply on exchanges has fallen to its lowest level since 2016. Not since last cycle. Not since the last correction. Since 2016, a figure that reframes the entire conversation about where this market stands structurally. What that number means in practice is straightforward: the book is thin. When available supply contracts to historic lows, the market loses its buffer. Modest buying pressure — the kind that would barely register in a liquid market — becomes capable of triggering outsized price moves. The mechanism for a supply shock is not theoretical. It is already assembled. Selling pressure is declining because sellers are becoming holders. Holders are becoming stakers. And stakers, by definition, are not selling. The market is not just tightening. It is being restructured in real time. Related Reading: Ethereum Price Divergence Signals Weak US Buying Pressure: Coinbase Premium Stays Negative The Chart Tells a Harder Story Ethereum is currently trading at $2,180, up 6.16% on the week but still navigating one of the more structurally precarious positions it has occupied since the 2022 bear market. The weekly candle opened at $2,053, tapped a high of $2,198, and has not yet reclaimed it — a detail that matters. The longer context is sobering. After peaking near $4,800 in early 2025, ETH has retraced more than 50% over roughly twelve months. The current price sits below all three major moving averages visible on the chart — the short-term blue, the mid-term green, and the long-term red — an alignment that technically defines a market still in distribution, not accumulation. Related Reading: Bitmine Locks 68% of Ethereum Holdings As Staking Position Surpasses $6.75B What the chart also shows is where support has historically lived. The $2,000 level has acted as a structural floor across multiple cycles, and last week’s wick to $1,700 — which was bought aggressively, as the volume spike confirms — suggests that floor is being defended. For now. The critical question is not whether $2,180 holds. It is whether ETH can reclaim $2,500 and put distance between itself and those moving averages. Until it does, every rally is a test, not a trend. Featured image from ChatGPT, chart from TradingView.com
Ethereum is trading above the $2,150 level after pulling back from recent highs near $2,380 reached earlier this week, reflecting a cooling phase following a short-term surge in bullish momentum. The retrace suggests that while buyers were able to push prices higher, follow-through demand remains limited as the market digests recent gains. Related Reading: XRP Liquidations Accelerate After $1.50 Breakout: Short Squeeze Unfolds Beneath the surface, derivatives data is revealing a more consequential shift in market structure. According to a CryptoQuant analysis, Ethereum leverage on Binance has not only recovered from the October 10 market-wide deleveraging event, but has now expanded to new highs. Notably, Binance stands out as the only major exchange where leverage metrics have fully surpassed previous levels, signaling a concentrated buildup of risk. This development carries important implications. The rapid re-expansion of leverage suggests that traders are once again increasing exposure through derivatives, reinforcing Binance’s role as the primary venue for ETH positioning. More importantly, it indicates that price discovery is increasingly being driven by leveraged activity rather than spot demand. In this context, Ethereum’s current structure reflects a market where momentum is still present, but increasingly dependent on derivatives-driven flows rather than organic accumulation. Leverage Dominates Ethereum’s Market Structure The analysis highlights a critical shift in Ethereum’s derivatives landscape. The Estimated Leverage Ratio (ELR)—which measures open interest relative to exchange reserves—shows that over 75% of ETH exposure on Binance is now leveraged. At the same time, Binance holds approximately 3% of the total ETH supply, around 3.4 million ETH, underscoring the exchange’s central role in price formation. What stands out is the speed of this leverage expansion. Rapid gains and minimal consolidation suggest that derivatives activity, not sustained spot demand, drove much of Ethereum’s recent upside. This creates a structurally different market environment. Leverage-driven markets tend to behave asymmetrically. While they can extend trends aggressively in the short term, they also become increasingly fragile as positioning builds. Crowded trades emerge, where even minor catalysts—whether macro, technical, or liquidity-driven—can trigger liquidation cascades and sharp reversals. In this context, the signal is unambiguous: leverage is leading the move, not confirming it. While this dynamic can support continuation in the near term, it also elevates the probability of sudden volatility spikes. Related Reading: Ethereum Holds Above $2,300 As Open Interest Expansion Reinforces Uptrend Stability Ethereum Struggles to Reclaim Structure After Breakdown Ethereum’s daily chart shows a fragile recovery attempt following a decisive breakdown below key support levels, with price currently hovering around the $2,150–$2,200 region. The sharp decline in early February marked a clear loss of structure, as ETH fell below its 200-day moving average, confirming a shift from bullish to corrective conditions. Since that breakdown, price has been attempting to stabilize, forming a short-term base between $1,900 and $2,200. The recent bounce toward $2,300 indicates some return of demand, but the move lacks strong continuation, suggesting that buyers are still cautious. Related Reading: Ethereum Whales Step In: $33M ETH Withdrawn From Exchanges In Hours Technically, Ethereum remains below all major moving averages, which are now sloping downward and acting as dynamic resistance. The rejection near the short-term averages reinforces the idea that the market is still in a bearish or transitional phase, rather than a confirmed recovery. Volume patterns add further context. The initial selloff was accompanied by a significant spike in volume, indicative of forced liquidations, while the subsequent recovery has occurred on relatively lower participation—pointing to limited conviction behind the bounce. For Ethereum to regain momentum, a sustained reclaim of the $2,300–$2,500 zone is required. Until then, price action remains vulnerable to further downside pressure. Featured image from ChatGPT, chart from TradingView.com
Ethereum is struggling to reclaim the $2,000 level, with persistent selling pressure continuing to weigh on sentiment across the broader crypto market. Despite intermittent recovery attempts, price action remains fragile as liquidity conditions tighten and investors reassess risk exposure following the sharp correction from the 2025 highs. The repeated failure to secure sustained acceptance above this psychological threshold has reinforced caution among both institutional and retail participants. Related Reading: The Altcoin Exodus: Trading Volumes Halve As Capital Flees To Bitcoin $65,000 Fortress Recent on-chain analysis highlights a notable structural development: Ethereum is currently trading below the realized price of every major whale cohort. The realized price metric represents the average acquisition cost of coins held by a given group, effectively serving as a proxy for aggregate cost basis. When the rice falls below this level, it implies that even large, historically resilient holders are sitting on unrealized losses. Historically, such conditions tend to coincide with late-stage corrective phases rather than early bull expansions. The last comparable occurrence followed Ethereum’s previous all-time high cycle, specifically in September 2018. That period marked a prolonged consolidation phase during which market excesses were gradually absorbed before a new structural uptrend eventually emerged. Ethereum Trades Below Whale Cost Basis Trading below whale realized prices also has psychological implications. Large holders typically operate with longer investment horizons, and their profitability cushions often help stabilize markets during corrections. When that cushion disappears, volatility can increase as confidence weakens and liquidity becomes more reactive to macro catalysts. This does not necessarily imply immediate bullish reversal conditions. Rather, it signals that the market may be undergoing a redistribution phase in which weaker hands exit while longer-term investors reassess positioning. Markets often require extended stabilization periods after leverage unwinds and sentiment deteriorates, particularly following euphoric cycles. Related Reading: Ethereum’s Leverage Reset Clears The Path For A Healthy Rebound – Analyst At the same time, such environments sometimes attract strategic accumulation. Investors willing to tolerate volatility may view sub-realized-price conditions as opportunities, particularly when accompanied by declining leverage and cooling speculative activity. Whether this dynamic ultimately leads to accumulation or further downside depends heavily on macro liquidity trends, regulatory developments, and broader risk appetite across financial markets. Technical Price Outlook From a technical perspective, the weekly chart underscores Ethereum’s current vulnerability. Price has recently broken below key moving averages that previously functioned as dynamic support. These averages now act as resistance zones, limiting upside momentum unless decisively reclaimed. The recent decline toward the $1,900–$2,000 region reflects a continuation of the broader corrective structure that began after the mid-2025 peak. Volume patterns suggest participation has moderated compared with the impulsive rally phase, indicating reduced speculative enthusiasm. However, declining volume during corrections can also signal exhaustion of aggressive sellers, potentially setting the stage for base formation if demand stabilizes. Related Reading: Is Bitcoin Supply Moving To Strong Hands? Whale Data Suggest Structural Shift Immediate support appears concentrated near the recent local lows around the mid-$1,800 zone, while resistance remains clustered near the $2,200–$2,400 region where prior consolidation occurred. A sustained move above these levels would be required to shift short-term momentum decisively positive. Conversely, failure to hold current support could expose Ethereum to deeper retracement levels consistent with broader market deleveraging. For now, Ethereum remains at a technical and psychological crossroads. Trading below whale realized prices, struggling beneath major resistance levels, and navigating uncertain macro conditions collectively define a market still searching for equilibrium rather than entering a confirmed recovery phase. Featured image from ChatGPT, chart from TradingView.com
Ethereum is attempting to stabilize around the $2,000 level as the broader crypto market enters a critical consolidation phase following weeks of heightened volatility. Price action remains fragile, with buyers defending key psychological support while macro uncertainty, liquidity shifts, and persistent selling pressure continue to weigh on sentiment. Analysts note that the current environment resembles previous transitional periods where market structure weakened before a clearer directional move emerged. Related Reading: Bitcoin At $65K: Market Cycle Indicator Points To Possible Bottom Zone A recent CryptoQuant report highlights an important contrast in exchange-flow dynamics between Bitcoin and Ethereum. According to the data, significant amounts of Bitcoin have recently been deposited onto exchanges, pushing exchange-held BTC supply back to levels last seen around 2019. However, a notable portion of this supply appears to belong to investors who simply custody assets on exchanges rather than actively preparing to sell, making interpretation less straightforward. Ethereum presents a different picture. Despite launching in 2015 and expanding dramatically since then, the amount of ETH held on exchanges currently mirrors levels observed around mid-2016. This unusually low exchange supply suggests a tighter liquid float, potentially reflecting increased long-term holding, staking participation, or DeFi deployment, all of which could influence future price dynamics. Exchange Supply Tightening Signals Potential Liquidity Shift The CryptoQuant report provides additional context on Ethereum’s exchange supply dynamics by highlighting a historical comparison. In the referenced chart, the red box marks the current amount of ETH held on exchanges, while the blue box reflects a similar spot supply level last seen around mid-2016. Despite Ethereum’s substantial growth in adoption, liquidity, and institutional participation since then, exchange balances remain unusually low. However, because a significant portion of this ETH still belongs to investors rather than active traders, it remains uncertain whether such constrained exchange supply can persist over time. This makes ongoing monitoring of exchange inflows and outflows particularly relevant for assessing future price stability. The report also notes that Ethereum’s over-the-counter (OTC) balances have increased recently. Even so, this liquidity pool remains relatively modest compared with exchange-held supply. Limiting its ability to fully offset sudden demand shocks or selling waves. If exchange balances were to tighten further while OTC liquidity also declined, the market could face sharper price reactions to incremental demand changes. Such a scenario raises structural questions about market dynamics. Reduced immediately available supply could amplify volatility, intensify short squeezes, or accelerate price discovery phases, depending on broader macro sentiment and capital flows. Related Reading: Bitcoin Short-Term Holders Deep In Loss: MVRV Signals Capitulation Phase Ethereum Tests Critical Support as Bearish Momentum Persists Ethereum continues to trade under sustained pressure after losing key support levels and briefly testing the $2,000 zone. A psychological threshold that now defines the short-term battlefield between buyers and sellers. The chart shows a clear deterioration in market structure since late 2025, with ETH consistently printing lower highs while repeatedly failing to reclaim its major moving averages. Price currently sits below the 50-, 100-, and 200-period averages, confirming a firmly bearish trend. The recent breakdown accelerated as volume expanded sharply, suggesting forced selling rather than orderly repositioning. This kind of volume spike often accompanies liquidation cascades or defensive portfolio adjustments, particularly in derivatives-heavy environments. Notably, the bounce from the lows remains modest, indicating limited immediate demand absorption. Related Reading: Bitcoin Short-Term Holders Deep In Loss: MVRV Signals Capitulation Phase From a technical standpoint, the $2,000–$2,100 region now acts as fragile support. Losing it decisively could expose ETH to deeper retracement levels around $1,700 or even the $1,500 zone. Where previous consolidation occurred. Conversely, stabilization above this range would be the first signal that selling pressure is easing. Momentum indicators favor caution. Until Ethereum reclaims key moving averages and establishes higher lows, the broader structure suggests continued consolidation with downside risk still present. Featured image from ChatGPT, chart from TradingView.com
Ethereum has come under intense selling pressure, recording a sharp 28% decline since last Friday as the price decisively lost the $3,000 psychological level. What initially appeared to be a controlled pullback quickly escalated into one of the most aggressive downside moves seen in recent months, reflecting a sudden shift in market sentiment and risk appetite across the crypto space. Related Reading: Bitcoin Miner Fees Remain Near Cycle Lows: What Does This Signal? On January 31st, the Ethereum market experienced a major capitulation event. ETH collapsed from above $3,000 to the $2,350 zone in a matter of hours, marking one of the steepest single-day corrections of this cycle. The speed and magnitude of the move suggest forced selling rather than orderly distribution. As price accelerated lower, a dense cluster of stop-loss orders and liquidations was triggered, amplifying downside momentum and overwhelming bid-side liquidity. This rapid breakdown erased weeks of bullish positioning almost instantly. Traders who had positioned for continuation above $3,000 were caught offside. Leading to a broad reset in derivatives exposure and sentiment. The psychological impact of losing such a widely watched level further intensified the sell-off, reinforcing risk-off behavior across both spot and futures markets. As Ethereum stabilizes below former support, investors are now reassessing whether this move represents a temporary washout or the early stages of a deeper corrective phase. The coming sessions will be critical in determining whether demand can re-emerge after this violent reset. Market-Wide Deleveraging Resets Ethereum’s Derivatives Landscape A CryptoQuant analyst explains that recent on-chain data confirms the Ethereum sell-off was driven by a market-wide leverage flush rather than organic spot distribution. According to the Ethereum Long Liquidations (All Exchanges) chart, total liquidated long positions surged to approximately $485 million, marking the second-largest liquidation event since October 10th. These spikes force a reset of the derivatives market by rapidly unwinding over-leveraged positions following an extended period of risk buildup. However, a closer look reveals an important divergence. When cross-referencing global liquidation data with the Binance (All Symbols) chart, Binance recorded only around $40 million in long liquidations during the same move. This means Binance accounted for less than 10% of total global liquidations. Despite being one of the largest derivatives venues by volume. This imbalance indicates that other exchanges concentrated excessive leverage and aggressive risk-taking, triggering far more severe liquidation cascades. This discrepancy implies that traders on Binance were either less overextended or employed stricter risk management. Allowing them to withstand the sharp downside move more effectively. In contrast, other platforms bore the brunt of forced deleveraging. From a broader perspective, this type of long squeeze tends to purge speculative excess. While painful for bullish positioning, it often sets the stage for stabilization as the market searches for a new equilibrium. Monitoring open interest and funding rates outside Binance will be critical, as the core drivers of volatility clearly originated beyond its ecosystem. Related Reading: Ethereum Trades At A Historical Accumulation Level: Can Bulls Hold $2,600 Price Breaks Down as Bearish Momentum Accelerates Ethereum’s price structure has deteriorated sharply, and the chart highlights how decisively the market has shifted into a bearish regime. After failing multiple times to reclaim the $3,000–$3,200 zone, ETH broke down aggressively, slicing through former support levels with little resistance. The recent move below $2,400 marks a clear expansion of downside momentum rather than a controlled pullback. From a trend perspective, ETH is trading well below its short- and medium-term moving averages, with the 50-day and 100-day MAs now acting as dynamic resistance. The downward-turning slope of these averages reinforces the likelihood that sellers will target rallies rather than extend them. The 200-day moving average, sitting much higher, confirms that the broader structure has shifted away from a bullish trend. Related Reading: XRP Risk-Adjusted Returns Signal Consolidation Rather Than Trend Formation – Details Volume behavior adds another layer of concern. The sell-off toward the $2,300 area was accompanied by elevated volume, signaling forced selling and capitulation rather than organic distribution. This trend aligns with recent liquidation data and indicates that the market aggressively flushed out leverage. In the short term, the $2,300–$2,200 zone is a critical area to watch. It represents the first meaningful support after the breakdown. A failure to stabilize here would open the door to deeper retracements. The chart suggests the path of least resistance remains to the downside. Featured image from ChatGPT, chart from TradingView.com
Ethereum has slipped below the $2,800 level and is now struggling to hold the $2,700 area, extending a phase of price weakness amid fragile market conditions. Recent price action shows limited follow-through on rebounds. With sellers continuing to cap upside attempts as broader risk appetite remains uneven. While spot momentum has softened, on-chain data suggests a more nuanced picture beneath the surface. Related Reading: XRP Risk-Adjusted Returns Signal Consolidation Rather Than Trend Formation – Details The realized price of the ETH accumulation address continues to trend higher and is now approaching the current market price. This dynamic indicates that accumulation activity has not stalled despite the drawdown. In practice, a rising realized price reflects coins being acquired at progressively higher cost bases, signaling continued participation from long-term buyers rather than capitulation. Importantly, this realized price zone has historically acted as a strong support level for accumulation whales. Notably, this price range has never been broken in prior tests. Each prior interaction with the realized price of the accumulation coincided with stabilization rather than an accelerated downside. Reinforcing its relevance as a structural reference. While this does not guarantee immediate upside or prevent short-term volatility, it provides context for the current consolidation near $2,700. Whale Cost Basis Emerges as Key Support A recent report from CryptoQuant explains that Ethereum has declined to around $2,682, a level that aligns closely with the realized price of the ETH accumulation address. This metric tracks the average cost basis of long-term accumulators. It provides a key reference point to assess where committed buyers stand. Historically, the realized price of accumulation addresses has acted as a strong structural support, particularly during corrective phases. When market price converges toward this level, it often reflects a transition from speculative selling to absorption by longer-term holders. In the current context, this zone is actively providing support, with price stabilizing rather than accelerating lower despite broader market pressure. CryptoQuant data also shows that whale accumulation remains active. Large holders continue to add ETH near these levels, suggesting confidence in this cost basis and reinforcing its role as a defended price zone. This behavior contrasts with distribution patterns typically seen near market tops, where realized prices flatten or decline as long-term holders reduce exposure. As long as the accumulation cohort maintains its position and does not begin to distribute, the probability of sustained downside below this level remains limited. Strong whale buying anchors price action near $2,680, establishing a meaningful support zone even as short-term volatility persists. Related Reading: Bitmine Stakes Additional 250,912 Ethereum Worth $745M – 61% Is Now Staked Ethereum Tests Long-Term Demand Ethereum’s price action continues to reflect a market under pressure. ETH is now trading around the $2,700–$2,750 zone after failing to hold above the $3,000 psychological level. The chart shows a clear sequence of lower highs and lower lows since the November peak, confirming that the broader trend remains corrective rather than impulsive. ETH is trading below its short- and medium-term moving averages. With the 50-day and 100-day averages acting as dynamic resistance on recent rebounds. The 200-day moving average, still trending higher above $3,500, highlights the loss of long-term momentum and reinforces the idea that the market has shifted into a consolidation-to-distribution phase rather than a continuation of the prior uptrend. Importantly, the $2,700 area aligns closely, driven by panic selling but rather by a lack of aggressive follow-through under pressure since December, suggesting the presence of structurally committed buyers. Volume has declined during recent sell-offs. This indicates that downside moves are not being driven by panic selling, but rather by a lack of aggressive follow-through from buyers. Related Reading: Ethereum Leverage Remains At Record High: What Happens Next? As long as ETH holds above the $2,650–$2,70signal a deeper retracement, whereasemain range-bound, with volatility compressing. A decisive breakdown below this zone would open the door to a deeper retracement, while stabilization here would support the case for base-building rather than trend continuation. Featured image from ChatGPT, chart from TradingView.com
Ethereum is trying to stabilize above the $3,100 level after failing to break the $3,400 resistance, as the broader crypto market struggles to recover momentum. While bulls managed to defend key support in recent sessions, price action remains fragile and highly reactive, with sellers still showing up on rallies. ETH is stuck in a tight range, and traders are watching closely to see whether this pullback turns into a deeper correction or simply a reset before the next move higher. Related Reading: Trade War Headlines Trigger $800M In Liquidations Overnight: Longs Get Wiped Out Across Crypto Markets A report from Arab Chain highlights that Binance data is signaling a sensitive phase for Ethereum at the start of 2026. According to the analysis, ETH is trading near the $3,200 zone, but market flow conditions remain tilted to the downside. The Accumulated Order Flow (CVD) indicator sits at approximately -3,676, suggesting that net selling pressure is still dominating short-term activity. In simple terms, more aggressive sell orders are hitting the market than buy orders, even as price attempts to hold recent levels. This divergence between price stabilization and negative flow reflects a market that is not collapsing, but also not attracting strong demand yet. As Ethereum defends support, the next test will be whether buyers can reclaim $3,300 and challenge the $3,400 ceiling again, or if weakness drags price back toward deeper support zones. Ethereum Holds Despite Negative Binance Order Flow Arab Chain notes that even though Ethereum’s CVD remains negative, the relationship between price and liquidity flows is not fully broken. According to the report, the 30-day correlation between ETH price and CVD sits near 0.62, which is a relatively constructive reading. This pattern suggests that price action partially aligns with volume behavior, even though liquidity currently tilts toward selling rather than fresh buying. In other words, Ethereum is not trading in a vacuum—flows still matter—and the market is reacting in a way that reflects real positioning. From a broader perspective, ETH’s gradual decline to its current levels signals a correction phase following its previous upside surge. Historically, this is the type of environment where short-term investors take profits and reduce exposure, while larger players begin to rebalance portfolios and slowly rebuild positions. Instead of an immediate trend reversal, the market often transitions into sideways price action as both sides test liquidity. The key issue is that CVD remains negative, meaning demand has not yet become strong enough to flip the short-term flow structure. However, Ethereum’s ability to hold above the $3,000 level points to underlying support that is limiting downside acceleration. This mismatch—weak momentum in volume flows but stable price behavior—often precedes quieter consolidation periods that can later set the foundation for stronger upside once liquidity conditions improve. Related Reading: XRP Longs Get Wiped: Binance Leads $5M Liquidation Wave EETH Bulls Fight to Reclaim $3,100 Ethereum is trying to stabilize above the $3,100 level after a sharp rejection from the $3,400 supply zone, with price now trading near $3,111. The chart shows ETH still recovering from the broader downtrend that started after the November breakdown, but the structure remains fragile as sellers continue defending every attempt to push higher. From a technical perspective, the $3,300–$3,400 region stands out as the key resistance cluster. Price has repeatedly failed in this area, and the latest rejection confirms it remains a major distribution level. At the same time, Ethereum is holding above its short-term moving average near $3,050–$3,100. Suggesting buyers are still active, defending the current range. Related Reading: Monero Triggers Retail Alert That Preceded ZEC And DASH Drops As Privacy Coin Hype Returns However, ETH remains capped below the mid-term moving averages, which are trending lower and acting as dynamic resistance. This keeps the market in a “recovery inside a downtrend” setup unless bulls can flip those levels back into support. Volume has also remained relatively muted during the rebound, signaling that the move still lacks aggressive follow-through. Ethereum appears stuck in consolidation. With $3,000 as the critical floor and $3,400 as the breakout trigger needed to shift market sentiment. Featured image from ChatGPT, chart from TradingView.com
As Ethereum (ETH) kicks off the year with a recovery past the critical $3,000 threshold amid a broader cryptocurrency market rally in early 2026, it continues to struggle against a key resistance level at $3,400. Currently, the second-largest cryptocurrency is entering a consolidation phase below this significant mark. Technical analyst Ali Martinez has suggested that should the buying momentum observed in recent weeks persist, Ethereum could soon embark on a new rally that might bring it closer to reaching all-time high levels. Ethereum Poised For Potential Price Breakout In a recent update shared on social media platform X (formerly Twitter), Martinez pointed to on-chain indicators suggesting a fresh bullish sentiment among Ethereum investors. Notably, daily active addresses on the Ethereum network have surged, doubling to exceed 800,000 in just two weeks. Related Reading: XRP Price Could Surge Another 30% If This Trend Is Confirmed Martinez’s analysis further hints at a potential correlation with the rising demand for Ethereum exchange-traded funds (ETFs). Since December 29, these investment vehicles have accumulated approximately 158,545 ETH, a sum valued at around $520 million, adding to the positive outlook for the altcoin. This heightened on-chain activity has created substantial support levels for Ethereum’s price action looking ahead, particularly between $2,772 and $3,109 that could prevent a new drop below these key marks. Martinez believes that if these support levels remain intact and buying pressure continues, a breakout above the crucial $3,400 resistance could pave the way for a significant rally toward $4,000—representing an increase of approximately 24.33% from its current trading level of around $3,217. What Lies Ahead For The Altcoin? Other analysts, such as those from BitBull, share an optimistic view of ETH’s price trajectory. The analyst has identified a potential inverse head and shoulders pattern forming in the 10-day chart, which could lead to a bullish price target of $5,000. This projection implies a remarkable 55.48% increase, exceeding last year’s record highs. However, despite these bullish forecasts, Ethereum’s price has fallen by 3% within a 24-hour period, according to CoinGecko data. The cryptocurrency has yet to demonstrate the bullish momentum necessary to meet these targets. Related Reading: Bitcoin Bulls Fired Up As Saylor Teases ‘Bigger Orange’ After Huge Buy Another encouraging factor for investors looking for upward price movement is liquidity. Market expert Ted Pillows recently noted that, following Ethereum’s latest price drop, the maximum pain point appears to lean upward. Historically, large investors and institutions have tended to “hunt” liquidity levels, which helps to reset positioning in the market and evacuate numerous retail investors. With approximately $3.4 billion in short positions at risk if Ethereum successfully breaches the $3,400 mark in the days ahead, the possibility of a significant price movement looms. Featured image from DALL-E, chart from TradingView.com
After its recent price breakout, Ethereum (ETH) is facing its next big test and attempting to turn a crucial area into support. Some analysts have suggested that the altcoin is ready to continue its bullish momentum, arguing that the biggest rotation in years is coming. Related Reading: Bitcoin Nears ‘Historic’ Technical Test As Price Eyes $93,500 Barrier – What’s Next? Ethereum Challenges Key Resistance Area On Wednesday, Ethereum broke past a crucial area and retested the $3,400 level for the first time in over a month. The king of altcoins has seen a 6% increase in the daily timeframe, jumping from the $3,100 level to the current levels. Notably, ETH has been hovering between the $3,000-$3,300 area since the start of the year rally, but failed to break the local range’s upper boundary during last week’s attempt. Now, the cryptocurrency has daily closed above this barrier and is testing this area as support. Amid this performance, analyst Michaël van de Poppe affirmed that “it’s ETH season” as the leading altcoin has held above the 21-day Moving Average (MA) since January 1. He explained that this level, officially lost during the early Q4 2025 corrections, is crucial for the price to hold onto to strengthen the momentum. To the market observer, Ethereum is “ready to make new highs and continue the uptrend,” and based on this structure, his main scenario is that the cryptocurrency will likely retest the $3,800 area soon. Meanwhile, Daan Crypto Trades pointed out that ETH is currently facing a “big test.” The trader noted that the altcoin has been moving within its $2,600-$3,300 price range over the past two months, adding that a breakout from this range is necessary to define the direction of its next move. Per the chart, Ethereum must reclaim the $3,350 level, where the 200-day exponential moving average (EMA) is located. This indicator has served as a key rejection area since November, and breaking above it “should lead to a move higher to catch the Daily 200MA next,” currently located around the $3,600 area. ETH To Follow Its 2018 Playbook? Crypto Jelle also shared an optimistic outlook for the cryptocurrency, asserting that Ethereum “looks better than it has looked in years” against both Bitcoin (BTC) and the US Dollar. He argued that both charts are poised to move higher since ETH’s downtrend against BTC is over, and its USD chart looks ready to push towards the $4,000 barrier again. He added that the ETH/BTC anticipated rally means “ETHUSD could see price move a lot higher over the coming months.” Similarly, Alex Wacy recently explained that the “biggest ETH rotation in 8 years [is] forming right now.” The analyst highlighted that the king of altcoins is repeating the same playbook that led to its 2018 breakout against BTC, but with “bigger players” and “more capital entering.” Related Reading: Monero (XMR) Hits New $610 All-Time High – Veteran Trader Shares Silver-Like Setup According to the chart, ETH saw a multi-year accumulation against Bitcoin between 2015 and 2017, leading to its massive expansion in 2018. After an initial breakout, the cryptocurrency re-accumulated for an extended period inside a falling wedge pattern, which resulted in a 50x pump from this structure. This time, Ethereum’s trading pair against BTC moved within a multi-year falling wedge pattern again, which was broken out of in Q4 2025. If history repeats itself, the altcoin could see a new massive surge against the flagship crypto over the coming months. As of this writing, Ethereum is trading at $3,375, a 5% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The Ethereum price has struggled to reclaim the critical $3,000 mark for the past 48 hours, raising concerns about potential declines in the cryptocurrency’s value if this essential support level is not regained by the end of the week. Analyst Predicts Further Downside Market analyst Ted Pillows pointed out on social media platform X (formerly Twitter) that without a quick recovery above $3,000, Ethereum could face further downside pressures, possibly dropping toward the $2,800 range in the near term. This scenario would indicate an additional retracement of approximately 5% from its current trading price, which hovers just above $2,940. This ongoing struggle adds to the 16% decline recorded in the monthly time frame, highlighting the precarious situation for broader cryptocurrency prices. Related Reading: This Friday’s Bitcoin Options Expiry Could Shake Up The Market: What To Look Out For Another analyst, Columbus, sought to understand Ethereum’s lackluster performance relative to Bitcoin (BTC). He noted that Ethereum continues to trade below its Volume Weighted Average Price (VWAP), struggling to gain traction above this critical metric. The bounce observed from the $2,800 to $2,850 range appears more responsive than impulsive, in the analyst’s words, suggesting that while there are buying interests, conviction in the rally remains weak. Columbus further remarked that there is considerable liquidity layered overhead, particularly within the $3,050 to $3,250 zone. This liquidity has successfully capped any attempts to push prices higher. Unless Ethereum can reclaim this area and achieve consistent acceptance above it, upward movements are likely to be more about short-term rotations into supply rather than genuine trend continuation. On the downside, a failure to hold the $2,850 mark could expose Ethereum to deeper losses, potentially leading to a downturn toward lower liquidity levels between $2,400 and $2,700, where the bulk of liquidity is concentrated. Will Ethereum Drop To $1,300 In 2026? Looking further into the future, market expert CryptoBullet painted a more somber picture of Ethereum’s potential trajectory for 2026. He has introduced a new fractal model for Ethereum that suggests bearish outcomes for investors anticipating a bull run next year. In a social media post, CryptoBullet presented a daily chart of Ethereum, outlining key price targets and indicating that while a price recovery might occur in January and February, subsequent months could see a significant downturn. Related Reading: These Five Key Drivers Could Boost XRP To $5 By 2026, Claims Top Analyst According to this analysis, Ethereum’s brief recovery could falter against existing resistance levels between $3,600 and $3,800, potentially culminating in a dramatic decline to a target price of $1,385. If this fractal model mimics Ethereum’s performance in 2022, it could signify a staggering 63% drop in value for the leading altcoin. Featured image from DALL-E, chart from TradingView.com
On Tuesday, the Ethereum price experienced a notable surge, climbing by 6.5% and reclaiming the critical $3,300 mark for the first time in nearly a month. This has allowed Ethereum to outpace its peers among the top ten cryptocurrencies by market capitalization, showcasing a nearly 12% recovery for the leading altcoin over the past week. ETH Grows In Demand Analysts from Bull Theory attribute this resurgence to several key factors, including significant institutional interest in Ethereum. The firm highlighted BitMine, which holds the largest public company collection of ETH, as a major player in this recovery phase. In a recent social media update on X (formerly Twitter), the analysts pointed out that demand for ETH is on the rise as Wall Street quietly builds on the Ethereum platform. Related Reading: Crypto Market Structure Talks: Senator Lummis Addresses Latest Legislation Plans Notably, major financial institutions are beginning to make substantial moves in the Ethereum space. BlackRock, which manages $13.5 trillion, is launching tokenized funds and has filed for a staked Ethereum exchange-traded fund (ETF). Other notable players include JPMorgan with $4 trillion in assets, Deutsche Bank at $1.1 trillion, and Standard Chartered with $800 billion. These firms are developing tokenization and decentralized finance (DeFi) infrastructure specifically on Ethereum and its Layer 2 (L2) solutions. In addition, well-known financial entities such as Amundi, HSBC, BNY Mellon, Coinbase (COIN), Kraken, and Robinhood (HOOD) are incorporating Ethereum into their operations for functions like custody, settlement, and rollup infrastructure. As a result, these large companies are holding and staking ETH to generate yield, significantly increasing the altcoin’s demand. BitMine, for instance, anticipates earning over $400 million annually from its staking position. Could The Ethereum Price Hit $12,000? Such institutional involvement has led market experts like Tom Lee to speculate that the Ethereum price could potentially reach $12,000 by 2026, driven by growing staking demand and the scaling of tokenization efforts. Adding to the momentum, Arkham reported that Tom Lee’s Ethereum treasury firm acquired 138,452 ETH since last week, valued at approximately $431.97 million. BitMine currently holds $12.05 billion in ETH and has an additional $1 billion allocated for further purchases. Related Reading: Wall Street Giant Bernstein Predicts Bitcoin Price To Hit $1 Million By 2033 In a different development that could bolster the Ethereum price further, Chris MacDonald, an analyst for The Motley Fool, highlighted reports indicating that the Office of the Comptroller of the Currency (OCC) confirmed US banks can now legally conduct “riskless principal” transactions in crypto assets. The analyst asserted that this new regulatory approval may lead to an influx of capital into digital assets, which would likely benefit the Ethereum price and holders, as well as other top cryptocurrencies. As of this writing, the Ethereum price is trading at $3,325. Despite recent gains, the price is still nearly 33% below the all-time high of $4,946, which was reached earlier this year. Featured image from DALL-E, chart from TradingView.com
Ethereum is demonstrating notable relative strength after reclaiming the $3,150 level and attempting to push higher, offering a refreshing shift in sentiment following weeks of intense selling pressure, fear, and market-wide uncertainty. As the broader crypto landscape begins to stabilize, ETH stands out as one of the assets showing early signs of recovery, drawing renewed attention from traders and long-term investors alike. Related Reading: Tron Hits $80.2B Stablecoin Milestone After Tether Mints 1B USDT On The Network A key factor supporting this shift is the Net Unrealized Profit/Loss (NUPL) reading for Ethereum on Binance, which is currently sitting around 0.22 while price trades near $3,100. This level reflects a delicate equilibrium between fear and optimism, indicating that a significant portion of ETH holders remain in moderate profit. Importantly, NUPL has not yet moved into the “greed” zone typically seen in the late stages of a bullish cycle, suggesting that the market is far from overheated. Instead, Ethereum appears to be transitioning into a more neutral, constructive phase where investors are cautiously optimistic but not excessively euphoric. This balance often forms the foundation for a healthier recovery, especially after a deep correction. If momentum continues building and NUPL remains stable or trends higher, ETH could be positioning itself for a stronger upside move in the coming weeks. NUPL Signals a Transitional Market Phase Arab Chain notes that Ethereum’s NUPL index experienced a significant rise between June and August, reaching levels far higher than today and reflecting strong profitability across the network during mid-2025. At that time, investor sentiment leaned toward optimism, supported by rising prices and improving macro conditions. However, as Ethereum’s price began to decline steadily from October onward, unrealized profits started to shrink. This pushed NUPL down toward more neutral territory, signaling a shift in sentiment from elevated optimism to a more grounded, cautious outlook. Crucially, NUPL has not fallen into negative territory, meaning the average ETH holder has not transitioned into unrealized losses. This is an important sign of underlying market strength. When investors remain in profit, they tend to be less motivated to sell aggressively at lower prices, reducing the risk of panic-driven capitulation and helping stabilize price action during corrections. Taken together, these signals indicate that Ethereum is currently in a transitional phase. The market is neither euphoric nor fearful—rather, it is waiting for a decisive catalyst to define the next trend. As long as NUPL stays above 0.20, Ethereum retains a meaningful level of investor confidence, increasing the likelihood of a rebound if liquidity strengthens or positive fundamental developments emerge. Related Reading: Bitmine Buys Another 18,345 Ethereum ($54.94M) In Fresh Accumulation Push – Details ETH Rebounds Strongly on the Weekly Chart Ethereum’s weekly chart shows a powerful rebound as price surges back above the $3,150–$3,200 region, reclaiming a critical support band that had turned into resistance during the November sell-off. The long lower wick from last week’s candle confirms strong buy-side interest around the $2,700–$2,800 zone, an area that has historically acted as a major demand region during multi-month corrections. ETH has now reclaimed the 100-week SMA, a key trend indicator currently positioned near $2,900, signaling renewed structural stability. The 200-week SMA, sitting comfortably lower, continues to reinforce the long-term uptrend. However, the 50-week SMA, which has flattened and now looms around the $3,350–$3,400 level, represents the next significant resistance level. ETH will need a decisive weekly close above this moving average to confirm a true shift back into bullish momentum. Related Reading: Ethereum Open Interest Cut In Half As $6.4B In Positions Vanish: Market Reset Accelerates Volume on the rebound is notably stronger than in previous consolidation phases, suggesting increased participation and growing confidence among market participants. However, ETH is not yet in the clear. The series of lower highs since the September peak forms a descending structure that must be broken for a sustained uptrend to resume. Featured image from ChatGPT, chart from TradingView.com
Ethereum (ETH) has joined Bitcoin (BTC) in a notable price recovery, managing to reclaim the $3,000 mark. This resurgence could signify a pivotal moment for the altcoin, suggesting a potential new upward trend. However, investors remain divided on whether ETH may face further declines or if a year-end rebound could reignite bullish sentiment. ETH’s December Struggles In order to anticipate Ethereum’s probable moves in December, Alex Carchidi, an analyst at The Motley Fool, notes that this month has traditionally been a difficult month for the cryptocurrency. Since 2016, Ethereum has only concluded December higher than it started in four of the nine years studied. In the remaining five cases, the month ended in negative territory. The average December return throughout this span is about 7%, indicating that a strong “Santa rally” is improbable. The median performance shows a 6% drop. Related Reading: Bitcoin Price Climbs Back To $91,000: Is The Decline Over? Key Levels To Watch Examining the relationship between November and December reveals a more intriguing pattern. Between 2016 and 2024, when November has been weak for ETH, December often followed suit, with three out of four instances showing declines. The only outlier was in 2018, when Ethereum rebounded in December after a particularly harsh downturn in November. This historical context suggests that a poor performance in November could carry over into December, making a cheerful month less probable. But while December’s performance has historically been mixed, the beginning of the year has typically shown strong potential for the Ethereum price, particularly in the first and second quarters. In fact, average returns tend to peak in the first quarter at around 77% and the second quarter at approximately 64%, indicating that there may still be significant growth on the horizon for the leading altcoin. Tom Lee Foresees Ethereum Surging To $7,000 Amidst this hypothetical scenario, Tom Lee, chairman of BitMine Immersion Technologies and a major industry advocate, predicts a bright future for Ethereum in the near and long term. The executive believes that the cryptocurrency could surge to $7,000 per coin heading into the first quarter of 2026, reflecting a nearly 150% price surge from its current value. Related Reading: Metaplanet In Jeopardy: Bitcoin Needs To Surpass $108,000 By December 18 To Prevent New Crisis Lee is even more optimistic about the long term, predicting that if his vision for a decentralized financial system materializes, the Ethereum price could soar by 2,090% to reach $62,000 by 2035. After a challenging year in which ETH significantly underperformed its peers, it has shown increased resilience, especially following the recent crash in crypto prices that saw the token’s valuation drop to $2,600 last Friday. Currently, ETH is trading just above $3,000. While this is not bullish enough to outpace the recent crash, ETH is positioned to recover significantly if demand and capital flow back into exchange-traded funds (ETFs) as the year comes to a close. Featured image from DALL-E, chart from TradingView.com
Ethereum has entered a consolidation phase following a turbulent period of selling pressure driven by macroeconomic uncertainty and market fear surrounding the US government shutdown. Over the past week, Ethereum’s price has stabilized around the $3,500 level after briefly dipping below key supports, as traders and institutions reassess risk exposure across the crypto market. Related Reading: Bitcoin STH-MVRV Rebounds From Local Low – Potential Recovery Toward $115K–$120K Despite the cautious sentiment, on-chain data reveals a contrasting story — large holders, or “whales,” are quietly accumulating ETH during the downturn. According to data from Lookonchain and CryptoQuant, several high-value wallets have increased their Ethereum positions significantly, signaling growing confidence among long-term investors even as broader market momentum slows. This accumulation phase suggests that sophisticated players view current price levels as an opportunity rather than a sign of broader weakness. Historically, similar patterns of whale buying during macro uncertainty have preceded periods of recovery and renewed market strength. Whale Activity Suggests Strategic Accumulation Despite Market Uncertainty According to data from Lookonchain, a whale known for aggressive Ethereum accumulation has just purchased an additional 30,548 ETH ($105.36 million) within the past hour. This move brings his total acquisitions since November 4 to an astonishing 385,718 ETH, worth roughly $1.33 billion. Notably, around $270 million of the funds used for these purchases were borrowed from the decentralized lending platform Aave, highlighting a highly leveraged but strategic positioning. This type of activity often signals strong institutional confidence in Ethereum’s medium-term outlook. Borrowing large sums to accumulate ETH indicates that the whale expects price appreciation substantial enough to offset borrowing costs and volatility risks. It also reflects growing demand for Ethereum exposure within decentralized finance (DeFi), where whales utilize platforms like Aave to optimize capital efficiency. Such large-scale buying can have multiple implications: it absorbs available market liquidity, strengthens psychological support zones, and may trigger a sentiment shift among retail investors who interpret the move as bullish. However, it also introduces potential short-term risk — if prices correct further, leveraged positions could amplify volatility. Overall, the data points toward renewed accumulation momentum, suggesting that sophisticated market participants are positioning for Ethereum’s next major move. Related Reading: Uniswap Founder Submits Governance Proposal To Burn UNI — Token Jumps 50% Bulls Attempt to Reclaim Momentum Ethereum (ETH) is currently showing signs of stabilization after weeks of intense selling pressure, trading around $3,479 at the time of writing. The daily chart shows ETH holding just above the 200-day moving average (red line) — a key long-term support level that has historically acted as a launch point for bullish recoveries. After dipping below $3,200 earlier in the week, Ethereum bounced strongly, supported by renewed whale accumulation and improving market sentiment. However, the 50-day (blue) and 100-day (green) moving averages remain above the current price, indicating that the short-term trend is still tilted to the downside. For bulls to regain control, ETH needs to close decisively above $3,650–$3,700, where a confluence of resistance sits. Related Reading: Ethereum Trading Volume On Binance Surpasses $6 Trillion: A Speculative Frenzy Unfolds Volume data suggests that selling pressure is gradually fading, but momentum remains weak. If Ethereum fails to maintain the $3,400–$3,450 zone, the next major support lies near $3,200. On the upside, reclaiming the $3,700 mark could open the door to a recovery toward $4,000. Overall, Ethereum appears to be in a consolidation phase, with large holders accumulating while retail traders remain cautious — a structure that often precedes a stronger directional move. Featured image from ChatGPT, chart from TradingView.com
On Tuesday, the Ethereum price fell by 8%, following the overall correction in the cryptocurrency market and even outperforming Bitcoin’s (BTC) dip. This has sparked concerns as ETH nears important support levels, putting its $3,000 mark at danger. October Events Lead To Significant Corrections Ram Ahluwalia, the chief investment officer at Lumida Wealth, recently noted that the roots of this latest crypto sell-off can be traced back to the Federal Reserve’s (Fed) October meeting. Related Reading: Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000 On October 29, the central bank announced its second interest-rate cut of the year. However, during the subsequent press conference, Fed Chair Jerome Powell expressed uncertainty about the possibility of another reduction in December. According to Ahluwalia’s analysis, this has been detrimental to Bitcoin and the overall crypto market, as lower interest rates typically bolster speculative assets like cryptocurrencies. Adding to the ongoing Ethereum price correction, mid-October saw US President Donald Trump announce new tariffs on China due to its restrictions on rare earth exports. This announcement triggered a flight of investors from cryptocurrencies to safer assets such as gold. Ethereum Price Under Pressure From a technical perspective, analysts at The Birb Nest have highlighted key levels to watch. On social media platform X (formerly Twitter), they noted that the Ethereum price broke below a critical weekly support level, which they interpret as a major deviation until price action proves otherwise. They highlighted that a breakdown below the altcoin’s yearly open of $3,337 might push the Ethereum price to $2,800. For a positive reversal, they believe ETH must retake $4,000 and close above this level on a weekly basis. Related Reading: Caution In The Crypto Market: Expert Warns Of Bearish Phase Unfolding This November Additionally, the ETH/BTC pairing is under scrutiny, with prices trading below the yearly open at 0.0355. To target a rise towards 0.04, reclaiming this level is essential. Until then, analysts are watching for potential retests around 0.0325–0.03. However, some experts, such as Ali Martinez, caution against overly optimistic projections. He warns of a worst-case scenario in which the Ethereum price fails to reclaim the $4,000 mark, and potentially drops to as low as $2,400 or even $1,700. A decline of this magnitude would mean an additional 45% increase for ETH, which could also lead to a deeper correction in the broader altcoin market. As of this writing, ETH is trading at $3,100. This represents a significant gap of 32% between the current trading prices and the all-time highs, which could not be re-tested before the end of the year unless a new recovery occurs before the weekly close. Featured image from DALL-E, chart from TradingView.com
The Ethereum price has recently demonstrated significant momentum, leading the altcoin market with a significant 13% increase over the past week. This surge has brought the cryptocurrency close to its all-time high, prompting a new wave of bullish predictions. Analysts Forecast Further Gains Market analyst Mags on social media platform X (formerly Twitter), highlighted a key milestone for the Ethereum price: after 1,146 days of price consolidation, the market’s second-largest cryptocurrency finally broke through the critical $4,000 level. Related Reading: SwissBorg Founder Predicts Biggest Crypto Altcoin Cycle ‘Of Our Lifetime’ Historically, Ethereum made three attempts to surpass this threshold, encountering setbacks each time. However, in August, the fourth attempt proved successful, and the token has been consolidating above the $4,000 mark for several months. While there was a momentary setback when the price dipped to $3,800, bullish sentiment quickly returned, pushing the Ethereum price back above the $4,000 level and initiating a robust V-shaped recovery. This technical pattern, according to the analyst, is highly bullish for the leading altcoin, with Mags suggesting that the next upward leg could target a new record price for ETH of $7,331, also aligning with the 1.618 Fibonacci extension level. Potential Ethereum Price Surge To $10,000 Macroeconomic factors also play a significant role in Ethereum’s potential for further gains. Analysts at CryptoQuant note that the US M2 money supply has entered a renewed expansion phase, hitting a record high of approximately $22.2 trillion. Bitcoin (BTC) was the first to reflect this increase, soaring by over 130% since 2022 and showing a strong correlation with M2 growth of around 0.9. By contrast, the Ethereum price performance has lagged behind, rising by just around 15% during the same period, a phenomenon dubbed “liquidity lag” by the analysts. However, on-chain data compiled by CryptoQuant indicates that this gap may be narrowing. Notably, Ethereum’s exchange reserves have decreased to roughly 16.1 million ETH, a drop of more than 25% since 2022. This suggests a structural decline in selling pressure, as netflows to exchanges remain consistently negative, indicating that ETH is being withdrawn for self-custody. Additionally, the Coinbase Premium Index has turned positive, signaling renewed interest from US institutional investors. Related Reading: XRP Could Mirror 2017 Style Surge: Here’s How High The Price Will Go If It Happens Past cycles have shown the Ethereum price tends to trail Bitcoin during the initial stages of monetary easing cycles. Yet, as Bitcoin’s dominance dips below 60%, capital often rotates into the altcoin market, leading to a rise in the ETH/BTC ratio. CryptoQuant analysts assert this pattern appears to be re-emerging, hinting that the remainder of the year could see a shift away from a Bitcoin-centric market toward one driven by Ethereum and other altcoins. If global liquidity continues to expand and the trend of outflows from exchanges persists, the Ethereum price may align more closely with M2 growth, entering a new phase of revaluation. In such a scenario, ETH’s prospect of reaching $10,000 becomes increasingly possible, the analysts further added. Featured image from DALL-E, chart from TradingView.com
Ethereum is once again at the center of market attention, trading at critical levels after a volatile stretch marked by uncertainty and rapid swings. The second-largest cryptocurrency has reclaimed the $4,400 level, signaling renewed bullish momentum. Investors are closely watching whether ETH can extend this recovery into a sustained breakout, with many expecting that a decisive move higher could open the path toward testing yearly highs. Related Reading: Bitcoin Dynamics Show Healthy Market Structure: Analyst Sets $130K Target Still, not all market voices are aligned. While momentum appears to favor the bulls, several analysts warn of risks that could challenge Ethereum’s upward trajectory. Concerns range from declining liquidity in certain segments of the market to profit-taking by large holders, which could weigh on price action if upside fails to hold. Adding to the discussion, top analyst Axel Adler has shared insights comparing Bitcoin and Ethereum’s performance this year. His data reveals that while both assets have taken different paths in their respective rallies, they ultimately point to the same destination: a continuation of the broader bullish cycle. This perspective has fueled optimism that ETH’s recovery may not just be a short-term bounce but part of a larger, ongoing trend that aligns with Bitcoin’s strength. Ethereum Catches Up to Bitcoin l Adler highlights an important development in Ethereum’s market trajectory. Over the last quarter, Ethereum has nearly matched Bitcoin in annual performance, a sign of growing strength for the world’s second-largest cryptocurrency. In his latest analysis, Adler shared a chart comparing the one-year performance of BTC and ETH, measured from October 2024 to today. The data reveals that both assets have surged over 90% in the past year, despite taking different routes to arrive at similar results. Bitcoin has largely been the driver of crypto market momentum in 2025, with ETFs, institutional inflows, and macroeconomic narratives fueling demand. Ethereum, on the other hand, faced periods of underperformance earlier this year, weighed down by high volatility and concerns around liquidity. However, its recent resurgence has narrowed the gap and demonstrated that ETH remains firmly aligned with the broader bullish cycle. Adler’s findings suggest that ETH’s current positioning is not just a coincidence, but a reflection of strengthening fundamentals and adoption. With Ethereum continuing to dominate in DeFi, stablecoin issuance, and tokenization initiatives, the recovery in performance compared to Bitcoin indicates growing confidence from both retail and institutional investors. This convergence between BTC and ETH performance reinforces the view that the two assets, while distinct in their use cases, are moving in tandem toward the same broader trend: a bullish cycle that could see both testing new all-time highs in the coming months. Related Reading: Metaplanet Expands Bitcoin Holdings To Over 30K BTC – Details ETH Testing Pivotal Resistance Ethereum (ETH) is trading at $4,483, showing signs of strength after reclaiming the $4,400 level. The 8-hour chart highlights a decisive bounce from sub-$4,000 levels last week, with buyers stepping in aggressively to defend support around $3,900. This recovery has pushed ETH back above its 50-day and 100-day moving averages, a positive technical signal that reinforces short-term bullish momentum. The next major resistance lies around the $4,500–$4,600 zone, an area that has repeatedly capped upside attempts since August. A clean breakout above this band could trigger a move toward the previous local highs near $4,800, and potentially open the path toward $5,000. On the downside, $4,300 now acts as immediate support, followed by the $4,000 psychological level. Related Reading: Tokenized US Stocks & ETFs Coming To Telegram Wallet Via Kraken & BackedFi Volume has been supportive during this recent rally, signaling strong demand. However, ETH must maintain momentum above its moving averages to avoid falling back into the consolidation range. The chart structure suggests that bulls are regaining control, but confirmation will only come with a decisive close above $4,600. Featured image from ChatGPT, chart from TradingView.com
Ethereum is approaching a decisive phase that could carry it into five-figure territory, according to a multi-timeframe analysis from trader Cantonese Cat (@Cantonmeow). Ethereum Ready To Smash All-Time Highs In a video published today, the analyst argues that ETH has cleared a cluster of late-cycle resistances and is now exhibiting a confluence of technical signals—on monthly, weekly, daily, and intraday charts—that “favor some of the higher targets to be met, maybe 1.272, 1.414, 1.618, anywhere around potentially five figures.” These Fib levels would put ETH at $7,752, $9,883 and $14,011 respectively. On the monthly chart, the analyst centers his case on the log-scale Fibonacci structure and volatility regime. ETH, he says, spent months stalling around the 0.886 retracement near $4,000—the same zone that repeatedly repelled the market in prior attempts—but “last month, we had the break through that here, convincingly.” Related Reading: Ethereum Rally Stalls As Spot And Perpetual Volumes Flatten On Binance He notes that the wick of the latest push already poked above the wick from the November 2021 peak, reinforcing the idea that supply at the former top is thinning. Simultaneously, the monthly Bollinger Bands are expanding while price “is impulsively going to the upside here along with the upper Bollinger Band,” a backdrop he describes as consistent with trend acceleration rather than mean reversion. “It does favor some of the higher targets to be met,” he said, while stressing sequencing: “We need to kind of break above the previous all-time high here first before we can actually talk about moving further up.” A second pillar of the bullish thesis is the Ichimoku profile across cycles—specifically the fusion of Tenkan-sen (conversion line) and Kijun-sen (base line). “When you have the Tenkan and Kijin fused together and price is riding up along with it, this fusion over here is called Katana,” he explained. Historically, he said, this “precipitates a big move,” and with price now above the Katana, “the Katana is shooting the price up.” On the current structure: “We got a Katana here being built up and price is currently impulsively going to the upside, so that is also favorable for Ethereum.” On the weekly timeframe, Cantonese Cat frames ETH’s advance through a three-cycle template defined by a “cycle liquidity zone” acting as a pivot. Each prior cycle saw deviations above and below a governing trend line before a sustained move once the zone was recaptured. He places the present consolidation directly on that blueprint: after breaking the “$4,000 liquidity level,” ETH is “consoling sideways… trying to find some energy before breaking up higher.” A back-test is possible but not required, he said; the “primary case” remains continuation unless the chart invalidates. Lower Timeframe Signals The lower timeframes, in his view, are already aligning with that outcome. On the daily chart, he highlights a developing “Adam and Eve continuation pattern” nested within a classic cup-and-handle, where “the handle… volume is not that great,” which he views as textbook, followed by “a pretty decent volume bullish engulfing candle.” Measured against log-scale retracements, price was rejected at 0.786, found support at 0.5, and is now “trying to break through 0.6… work our way back… to 0.786,” a rhythm he says “is being respected pretty decently.” He also points to a short-term bottoming sequence—“you can see something called a tweezer bottom… if you have anywhere around two or three of these kind of wick sticking down like that, that’s usually a pretty decent bottom”—and a three-candle “morning star” reversal: “It’s a reversal pattern and it could end up leading to a reversal here… seems to be working out pretty well.” Related Reading: Citi’s Ethereum Forecast: No New All-Time High Expected, Year-End Target At $4,300 On the 12-hour chart, he reads the structure as reaccumulation in a Wyckoff sense, referencing the “rounded bottom,” a strengthening secondary test—“the ST is higher than the VCLX”—and the emergence of a “creek” overhead that price appears ready to vault. “It does look like a reaccumulation type pattern… showing some strength… consolidating sideways… to reaccumulate before [a] bullish continuation,” he said, adding that after the prior vertical leg, digestion at elevated levels is constructive. Relative-strength diagnostics, he argues, reinforce the ETH-led narrative. Ethereum’s market-share gauge (ETH.D) “has broken above the Ichimoku cloud… with strength,” then “back-tested the cloud for about four weeks,” and may be waiting for the Tenkan to “rise… as support” before the next leg. On a monthly volatility basis, he adds, “the 20-month moving average was reclaimed… and we simply spent a month here back-testing” it—evidence that dominance could trend higher if the back-test holds. “That’s basically meaning that Ethereum wants to continue to outperform the rest of the cryptocurrency market here for [the] foreseeable future,” he said. Breadth indicators outside of ETH also tilt risk-on in his framework. The Total3 index (total crypto market cap excluding Bitcoin and Ethereum) is “trying to break above and form an all-time high” on a monthly “cup and handle” structure, while the “Others” index (market cap excluding the top 10 coins) has punched through the 0.786 level on the weekly and is “gravitat[ing]… to the next level, the 0.886.” He emphasizes the distinction between log and linear retracements, noting a failed linear 0.886 breakout in a prior attempt: “If we were to break above the linear, as well as the log 0.886 here with style, then I think Others would end up performing extremely well and would end up following the footsteps of Ethereum.” His conclusion is unambiguous: “I am bullish on Ethereum. I’m bullish on altcoin. I’m bullish on the cryptocurrency market space in general.” At press time, ETH traded at $4,565. Featured image created with DALL.E, chart from TradingView.com
Following an all-time high (ATH) reached last August, Ethereum (ETH), the market’s second-largest cryptocurrency, has found itself in a consolidation phase, trading between $4,200 and $4,700. This price range reflects a broader stagnation in the cryptocurrency market, as various digital assets, including Bitcoin (BTC), struggle to regain the momentum that led both BTC and ETH reach new records above $124,000 and $4,9000 respectively. Notably, Citigroup, the third-largest investment bank in the United States, has tempered expectations for the Ethereum price, forecasting a year-end price target of $4,300 for the altcoin. Citi Forecasts Moderate ETF Inflows Into Ethereum According to a report by Reuters, Citigroup’s analysis attributes the current demand for Ethereum to burgeoning interest in Ethereum-based applications, including stablecoins and tokenization. However, the bank cautions that the recent price strength may be more a reflection of market sentiment than underlying fundamentals. Related Reading: Analyst Raises Red Flags On Bitcoin Price: Allegations Of Market Manipulation In a note released on Monday, Citi remarked, “Current prices are above activity estimates, potentially driven by recent buying pressure and excitement over use-cases.” Ethereum’s appeal has grown among investors looking for more than just price appreciation. Analysts forecast increased price growth for the altcoin due to the recent passage of bills, including the GENIUS Act, which aims to provide a new framework for stablecoins, as well as the surge in interest in tokenization. Despite these developments, Citigroup predicts that the inflow of exchange-traded funds (ETFs) into Ethereum will be less robust compared to Bitcoin. In contrast, Standard Chartered has recently revised its year-end target for Ethereum significantly upward, from $4,000 to $7,500. Bearish And Bullish Scenarios For ETH This adjustment reflects stronger engagement within the industry and increasing corporate investments. The bank anticipates that the stablecoin sector could grow eightfold by 2028, which would likely drive up Ethereum network fees and demand. Citi also presented a more optimistic bull case, projecting a potential price of $6,400 if activity and adoption of Ethereum-based applications continue to rise. This would represent a major 42% uptrend ahead for the leading altcoin. Conversely, the bank outlined a bearish scenario in which the Ethereum price would drop to $2,200 in the event of a macroeconomic downturn or a decline in the equity market. If this scenario plays out, it could spell major trouble for bulls, as it would represent a 50% drop from current levels. Related Reading: Crucial Ten Days Ahead For Crypto: Will They Ignite Mega Altcoin Season? Interestingly, a recent report from Sygnum, a digital asset bank, has painted a more favorable outlook for Ethereum. The bank highlights Ethereum’s upgrades and increasing institutional interest as significant factors that could position ETH to benefit from anticipated trends in stablecoin issuance and broader adoption. Furthermore, the digital asset bank highlighted that as liquid Ethereum reserves on exchanges diminish and demand intensifies, the possibility of a supply squeeze arises, potentially sending the altcoin into a new leg up to retest all-time high levels. As of this writing, ETH is trading at $4,480, which is up 5% on the weekly time frame. Compared to record prices, the altcoin is trading nearly 10% below all-time high levels. Featured image from DALL-E, chart from TradingView.com
Ethereum has faced one of its most turbulent weeks in months, with sharp swings in price shaking both bulls and bears. Earlier in the week, ETH dipped below the $4,200 level, marking a local low that sparked concern among traders about deeper corrections. However, sentiment shifted quickly as Ethereum bounced back with remarkable strength, rallying throughout the week and eventually setting a new all-time high at $4,886 on Friday. Related Reading: Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In This comeback reinforced Ethereum’s strong market structure and highlighted the resilience of buyers who continue to step in at critical support levels. Analysts point to institutional accumulation, declining supply on exchanges, and rising DeFi activity as key drivers behind Ethereum’s upward momentum. Despite heightened volatility, bulls appear to have regained control as the asset edges closer to uncharted territory. Top analyst Darkfost shared insights suggesting that Ethereum is now approaching its upper realized price band, a level often seen as a signal for profit-taking among seasoned investors. Historically, these upper bands have marked overheated conditions, but they also confirm robust strength in the market. The coming days will be pivotal as Ethereum tests whether it can sustain momentum and extend its breakout phase. Ethereum Approaches Overheated Territory According to top analyst Darkfost, Ethereum is now entering a critical stage as it flirts with its upper realized price band. The Realized Price Bands indicator is designed to provide a clear picture of where the market stands compared to investors’ realized cost basis. It does this by extrapolating upper and lower bands from Ethereum’s realized price. The lower, or blue band, offers insight into baseline valuations, often reflecting where long-term holders have historically accumulated. The red band, in contrast, signals moments when the price has moved into a strong positive deviation from the realized value. Seasoned investors frequently interpret this as a signal to take profits, as it often marks conditions where market sentiment is overheated. These phases can extend for weeks, allowing prices to remain elevated, but they have historically preceded more severe pullbacks or the beginning of broader bearish trends. Ethereum’s approach to this upper band is therefore significant. Darkfost emphasizes that while the indicator is simple in design, its ability to flag overheated market conditions has proven effective across multiple cycles. If ETH sustains its position near or above this band, it could indicate the start of a short-term overheated phase. Such phases often attract rapid speculative flows, which can push prices to new highs. However, once momentum fades, these same flows tend to unwind sharply, creating bear markets. For traders and investors, Ethereum’s test of the realized price bands could be a turning point, signaling whether the asset enters a prolonged bullish extension or prepares for a cyclical reset. Related Reading: Ethereum Chain Dominates With $516M Net Inflows In 7 Days Price Testing ATH Resistance Ethereum’s 4-hour chart shows a strong rebound from the $4,200 region, confirming that bulls defended a critical support zone. After a sharp correction earlier in the week, ETH surged aggressively and is now trading near $4,767. The breakout came with a steep rally that cleared both the 50-day and 100-day moving averages, turning them into immediate support levels. The price structure suggests renewed bullish momentum, especially after Ethereum printed a strong green candle that erased several days of losses in just hours. ETH is now consolidating above the 200-day moving average, a historically significant level that reinforces the bullish trend. If bulls maintain this level, Ethereum could retest its all-time high near $4,886 and potentially enter new price discovery. Related Reading: Bitcoin Bull Score Index Signals Fading Momentum: Room For Downside? On the downside, immediate support sits around $4,400, marked by the 100-day moving average. A break below this level could open the way to $4,200 again, where bulls must defend to avoid a deeper retracement. The chart signals strength, with higher lows forming after each correction. Combined with strong fundamentals and institutional activity, ETH remains positioned for further upside, although volatility should be expected as it approaches record highs. Featured image from Dall-E, chart from TradingView
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has made a significant comeback with a 29% surge over the past week, approaching all-time high (ATH) levels. Ethereum’s price performance has prompted Standard Chartered, one of the UK’s largest financial institutions, to significantly revise its price projections for the cryptocurrency. Ethereum Consolidates 4% Below All-Time Highs Currently, the Ethereum price is consolidating above the $4,600 level, which could serve as a crucial support point as if ETH breaks through its previous all-time high of $4,878 reached in 2021, it may enter a new phase of price discovery. Presently, a mere 4% gap separates Ethereum’s current price from that record, but analysts at Standard Chartered, led by Geoff Kendrick, are optimistic for a new bullish phase for the cryptocurrency. They forecast a bullish trend that could nearly double the Ethereum price by the end of the year, raising their year-end target from $4,000 to $7,500. Furthermore, they have set an ambitious 2028 target of $25,000 for ETH. Related Reading: The Grand Bitcoin Roadmap: Crypto Expert Says $160,000 Still In The Works Several key factors underlie this optimistic outlook. Firstly, the recent approval of Ethereum spot exchange-traded funds (ETFs) has led to significant market activity. Ethereum ETFs recently recorded $1 billion in inflows, marking the largest daily influx to date. Year-to-date, these exchange-traded funds tracking ETH’s price have attracted $8.2 billion, representing around 1.5% of Ethereum’s market capitalization. Additionally, legislative progress in the United States, particularly with the passage of the GENIUS Act and the CLARITY Act, has bolstered Ethereum’s prospects. These developments are expected to enhance liquidity in the Ethereum ecosystem, as a substantial portion of stablecoins—often considered a stealth bullish driver for ETH—are issued on the Ethereum blockchain. Currently, major stablecoins like USDC, issued by Circle (CRCL), and USDT, developed by Tether, primarily operate within Ethereum’s ecosystem, further supporting the altcoin’s price performance. Greater Impact From Institutional Investments Beyond these bullish developments, there is a growing trend among public companies adopting Ethereum treasury strategies similar to those employed by Strategy (formerly MicroStrategy) with Bitcoin (BTC). As reported by NewsBTC on Tuesday, approximately 865,000 ETH is now held by these companies, reflecting a broadening interest from institutional investors looking to capitalize on Ethereum’s long-term potential. Related Reading: Analyst Predicts XRP Price Crash Below $3, But There’s Good News Adding to the bullish sentiment, analyst VirtualBacon has shared forecasts suggesting that if Bitcoin approaches $150,000 and the ETH/BTC ratio rises to 0.044, Ethereum could reach prices between $6,000 and $7,000 this year. The analyst noted in a social media post on X (formerly Twitter), that Ethereum’s smaller market capitalization means that each dollar from institutional investors has a more pronounced effect on its price compared to Bitcoin. VirtualBacon identifies $3,350 as a potential floor for ETH, unless Bitcoin experiences a significant downturn. He emphasizes that the pivotal moment for Ethereum will be clearing the $4,850 resistance level, which could quickly propel ETH above $6,000. As of this writing, ETH trades at $4,636, registering a 4.3% surge in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com
Ethereum (ETH) has recently seen a remarkable resurgence, inching closer to its $4,878 all-time high (ATH) record after a prolonged period of consolidation. On Tuesday, ETH broke the $4,600 mark for the first time in years, outperforming other cryptocurrencies, including Bitcoin (BTC) and XRP. Ethereum ETFs Attract $8.2 Billion YTD This price performance is largely attributed to a significant influx of capital into Ethereum spot exchange-traded funds (ETFs), which recorded a staggering $1 billion in inflows in just a single day—the largest daily inflow to date. Related Reading: XRP Double-Bottom Breakout Sets Sights On $34, Predicts Analyst According to data from Messari, year-to-date inflows into Ethereum ETFs have reached $8.2 billion, accounting for approximately 1.5% of ETH’s market capitalization. In contrast, Bitcoin spot ETFs saw $178 million in inflows yesterday and $19.4 billion year-to-date, representing only 0.8% of BTC’s market cap. While BTC continues to lead in absolute flows, ETH is attracting nearly double the capital relative to its size, signaling a shift in investor sentiment. The recent growth in Ethereum’s price is also influenced by favorable regulatory developments. The signing of the GENIUS Act by President Donald Trump has established a new regulatory framework for stablecoins, which could enhance their adoption and integration within financial systems. Major banks such as Morgan Stanley, JP Morgan, Citigroup, and Bank of America are actively exploring the implementation of dollar-pegged cryptocurrencies, further validating the potential of this market. Public Companies Embrace ETH Jake from Messari highlights that this regulatory development and key data points have contributed to the reversal of the bearish outlook on Ethereum’s price witnessed over the past months due to its poor performance. Approximately $130 billion in stablecoins are currently secured, accounting for roughly 50% of the market share, alongside $7.2 billion in tokenized real-world assets (RWAs) and a growing number of enterprises building on the Ethereum blockchain. Moreover, 865,000 ETH is now being held by public companies that are adopting Strategy’s (previously MicroStrategy) Bitcoin treasury approach, reflecting a diverse range of institutional buyers converging on Ethereum as a long-term investment. SharpLink has appointed Ethereum co-founder Joseph Lubin as Chairman and holds over 360,000 ETH. BitMine has transitioned from Bitcoin mining to an Ethereum treasury model, while Bit Digital has completely shifted its focus to Ethereum, accumulating over 120,000 ETH. Tangible Capital Flows Institutional investors have also been accumulating ETH at an impressive scale, with approximately 25 million ETH acquired since June. According to the analyst, this accumulation is not driven by retail speculation but reflects a strategic allocation by institutional firms. Related Reading: All-Time High For Crypto Market: Ethereum Leads The Charge Above $4,000 Ultimately, the convergence of stablecoins, tokenization, enterprise infrastructure, and treasury demand is resulting in tangible capital flows, as evidenced by on-chain activity and public company disclosures. As Jake puts it: What was directional interest is becoming allocation. $ETH isn’t re-rating because crypto wants it to. Wall Street balance sheets are forcing the move. Featured image from DALL-E, chart from TradingView.com
Ethereum (ETH) has been facing heightened volatility over the past week, following a sharp correction from its recent local high at $3,940 down to $3,360. After weeks of aggressive buying activity and bullish momentum, the market is now showing signs of fatigue. Analysts are growing cautious, with many warning that a deeper correction could be imminent if Ethereum fails to reclaim key support zones. Related Reading: Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact Adding to these concerns, fresh data reveals a significant shift in market dynamics. The taker buy/sell ratio — a key indicator that tracks the aggressiveness of buyers versus sellers — has sharply declined into negative territory today. This signals that sellers are currently dominating the order books, applying sustained pressure on ETH’s price action. While some view this as a typical cooldown phase after a major rally, others believe Ethereum is entering a riskier phase where bearish sentiment could intensify if support fails to hold. The coming days will be critical in determining whether ETH stabilizes around current levels or slides further into correction territory. Ethereum Faces Short-Term Selling Pressure According to top analyst Darkfost, Ethereum’s taker buy/sell ratio has dropped sharply into negative territory today, reaching 0.87—one of the lowest levels recorded since the start of the year. This metric, which measures the ratio of aggressive buyers to sellers in futures markets, reveals that selling pressure is now firmly in control of ETH’s order books. Although today’s data is still incomplete, the current reading already indicates a dominance of sell orders on Ethereum futures. Darkfost notes that this shift has been developing for several weeks. Since July 18th, the taker buy/sell ratio has been mostly negative, which correlates with Ethereum’s recent inability to break through key resistance levels and its transition into a short-term consolidation phase. While this may seem concerning for bullish traders, Darkfost emphasizes that such consolidations are a normal part of market cycles, especially after a strong rally. He suggests that Ethereum could face a challenging period in the short term, as market sentiment remains fragile and sellers continue to control intraday movements. Related Reading: Bitcoin Investors Selling More Aggressively As Bull Cycle Matures: Risk Appetite Fades? However, this phase might offer a healthy foundation for the next leg up. If Ethereum manages to stabilize and consolidate above critical support zones, the broader trend remains favorable. Long-term fundamentals, including on-chain accumulation and growing institutional interest, still point toward upside potential once this phase of selling pressure eases. Price Analysis: Bulls Attempt Recovery After Sharp Decline Ethereum is currently trading at $3,654.60, attempting to stabilize after a sharp correction from its recent highs around $3,940. The 4-hour chart shows a recovery bounce that met resistance near the 50-period SMA (currently at $3,668.28), signaling that bulls are facing strong selling pressure at this level. Despite the bounce, ETH remains below the key horizontal resistance at $3,860.80, which has capped multiple upward attempts in recent weeks. The bullish attempt to reclaim momentum earlier today was rejected near this level, leading to a quick retracement back into the $3,600-$3,650 zone. The 100-period SMA (green line) at $3,695.32 is acting as dynamic resistance, while the 200-period SMA (red line) at $3,303.42 serves as a longer-term support level should the correction deepen. Related Reading: Bitcoin Inflows To Binance Accelerate: Investor Behavior Shifts After Months Of Decline Volume spikes indicate that buyers are stepping in aggressively on dips, but overall, Ethereum remains in a short-term consolidation phase between $3,850 and $3,350. A decisive breakout above $3,860.80 is required to regain bullish momentum, while failure to hold above $3,600 could expose ETH to another retest of lower support levels around $3,300-$3,350. Featured image from Dall-E, chart from TradingView
Ethereum has faced an 8% correction since Monday, cooling off from its recent rally and slipping below the key $3,850 level. This move suggests that the bullish momentum that carried ETH higher in July is beginning to fade, with price now entering a critical consolidation phase. Bulls are still holding key support levels, but the threat of a deeper correction is growing as selling pressure intensifies. Related Reading: Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet On-chain data shows signs of profit-taking from large investors, adding to short-term volatility and uncertainty. Heavy selling volume over the past two days has sparked speculation across the market, especially as Ethereum remains below recent local highs. Analysts are split in their outlook—some argue that this is a healthy pullback within a broader uptrend, while others warn of a potential slide toward the $3,400–$3,500 range if sentiment worsens. Despite the recent drop, Ethereum’s long-term structure remains intact, with fundamentals like growing DeFi usage and Layer 2 adoption continuing to support the narrative. However, the next few days will be critical. If bulls can defend current levels and regain momentum, ETH could attempt another move toward $4,000. If not, the market may see extended downside pressure before a clearer recovery emerges. Ethereum Sees Massive Sell-Off In Two Minutes According to top analyst Maartunn, Ethereum experienced a dramatic spike in taker sell volume, reaching $335 million in just two minutes. This massive wave of sell orders signals a key moment in the market, one that could mark either the peak of profit-taking or the end of panic-driven capitulation. While some interpret the event as large investors securing gains after the recent rally, others believe this could reflect emotional selling from retail traders spooked by short-term volatility. Despite the heavy selling pressure, Ethereum’s long-term bullish narrative remains intact. Large players continue to accumulate, taking advantage of dips and buying from weaker hands. This activity suggests strategic positioning ahead of expected growth in adoption, especially as Ethereum cements its dominance in decentralized finance (DeFi) and real-world asset (RWA) tokenization. ETH spent months in a downtrend earlier this year, weighed down by macro uncertainty and regulatory fears. Yet, while the broader market showed weakness, sophisticated investors appeared to accumulate. Now, with sentiment shifting and the price structure strengthening, Ethereum seems well-positioned for the months ahead. The $335 million sell-off highlights market vulnerability—but also shows that whales are stepping in. If price holds current levels and sentiment stabilizes, Ethereum could see a renewed push toward the $4,000 mark as confidence returns. Related Reading: Whale Buys $153M In Ethereum From Galaxy Digital OTC: Institutions Are Betting Big ETH Tests Support After Breakdown Ethereum (ETH) has officially broken below its critical resistance zone near $3,860, signaling increased selling pressure and short-term weakness. After maintaining a steady range for nearly two weeks, the price has dropped to $3,619 on the 4-hour chart, finding temporary support just above the 100-period SMA (green line), currently near $3,670. This breakdown comes amid an uptick in bearish volume, suggesting momentum may favor sellers in the short term. The 50-period SMA (blue line), located around $3,762, has now turned into near-term resistance, capping any immediate recovery attempts. If bulls fail to reclaim the $3,760–$3,800 zone, Ethereum could risk deeper downside toward the next key support around $3,175 (200 SMA, red line) or even $2,852, which served as a base in early July. Related Reading: BlackRock Goes Heavy on Ethereum: Buys 4x More ETH Than BTC Despite this weakness, the broader trend remains structurally bullish as long as price stays above the 200 SMA. However, bulls must reclaim the $3,860 level and build momentum above it to regain strength. Until then, volatility is expected, especially as profit-taking and macro uncertainty weigh on sentiment. Featured image from Dall-E, chart from TradingView
With the Ethereum price experiencing a decline on Monday amid a broader market correction, the altcoin continues to shine with one of its best performances in July to date. Over the past thirty days, the Ethereum price has surged by an impressive 80%, marking a significant recovery after a long period of consolidation and retest of lower levels that saw minimal bullish activity. Ethereum Price Poised For Breakout While other major digital assets like Bitcoin (BTC) and XRP have reported gains of 10% and 40%, respectively on the monthly time frame, the recent Ethereum price resurgence is particularly notable. Crypto analyst Lark Davis recently took to the social media platform X (formerly Twitter) to assert that Ethereum is on the verge of breaking the $4,000 mark, indicating that momentum is building rapidly. Related Reading: TRON Sees $1B USDT Mint: Liquidity Wave Incoming? Despite its recent gains, Ethereum remains approximately 25% shy of its peak from the 2021 cycle. Historically, Bitcoin dominance has played a crucial role in determining the Ethereum price trajectory. The analyst observed that for the Ethereum price to reach its peak, Bitcoin’s dominance needs to dip to around 40%. Currently, Bitcoin’s dominance is in a downtrend at 61%, and the last time it fell to similar levels, ETH rallied over 200%. Another analyst, known as JACKIS on X, has made a bold proclamation that Ethereum will likely never trade below $3,000 again, suggesting that any such decline would indicate a catastrophic failure of the asset. However, JACKIS acknowledges that a temporary correction down to around $3,400 is still plausible given Ethereum’s proximity to the $4,000 threshold. Wall Street Sees $60,000 Implied Value Adding to the bullish sentiment surrounding ETH’s momentum, the network’s potential has been emphasized by BitMine, a company involved in Bitcoin and Ethereum mining. In a recent social media thread, BitMine highlighted that many on Wall Street view Ethereum as the most significant macro trade for the next decade. Tom Lee, the chair of BitMine, referred to stablecoins as the “ChatGPT moment” for the cryptocurrency space, projecting that stablecoin market capitalization could soar to $4 trillion—a tenfold increase. Notably, over 60% of these stablecoins are based on the Ethereum network, boosting demand for the token. Moreover, Wall Street is increasingly exploring ways to tokenize assets on the Ethereum blockchain, further driving interest and investment in the platform. Related Reading: Asia’s Bitcoin Giant Metaplanet Adds 780 BTC In Massive Crypto Bet BitMine referenced a research titled “The Bull Case For ETH,” which posits that the long-term value of Ethereum could reach an astonishing $704,000, representing an extraordinary 18,000% increase from current levels. To contextualize this valuation, BitMine consulted several research firms to estimate the “replacement” value of Ethereum in relation to Wall Street’s activities. While this figure is intended for illustrative purposes, the implied value for Ethereum has been suggested to be around $60,000. When writing, ETH price trades approximately at $3,766. Featured image from DALL-E, chart from TradingView.com
Ethereum just broke above the critical $3,000 level, marking a major technical milestone after surging over 20% since Tuesday. This decisive breakout signals renewed strength in the second-largest cryptocurrency, with bulls reclaiming control after weeks of tight consolidation. The move is reigniting interest across the broader altcoin market, which had remained relatively muted during Bitcoin’s recent rally to all-time highs. Now, with ETH leading the charge, many altcoins are showing signs of reversal and upward momentum. Related Reading: Altcoins Jump Off Critical Support Level – Relief Or Reversal? According to top analyst Ted Pillows, a key factor behind Ethereum’s rally is the large concentration of liquidity resting just above the $3,000 mark. Once Ethereum cleared the $2,850 resistance, momentum rapidly accelerated, driving price through the $3,000 level and into a new range of opportunity. This rally comes amid a broader shift in market sentiment. As Bitcoin sets record highs, Ethereum and other altcoins appear poised to catch up. The big question now: can ETH maintain this level and lead a full altcoin season, or is this just a temporary breakout before another round of consolidation? Ethereum Breaks Out Of Consolidation Range Ethereum has spent the last several weeks consolidating within a clearly defined range that began in early May. The altcoin hovered between support around $2,800 and resistance just below $3,000, with multiple failed attempts to break above. That changed yesterday. ETH finally closed above this key resistance, signaling a potential breakout and confirming the start of a new bullish phase. This move comes as broader macroeconomic conditions improve. Strong labor market data in the US, alongside signs of de-escalation in several global conflicts, have helped reduce uncertainty and reignite risk appetite across financial markets. With Bitcoin reaching new highs and risk-on sentiment returning, Ethereum’s breakout may signal the next wave of upside for altcoins. Top analyst Ted Pillows highlighted a key technical factor: “ETH liquidity is lying above $3,000 — and liquidity is a magnet.” This means that large clusters of buy and stop orders are concentrated above this level, attracting price movement toward those zones. Now that Ethereum has broken past resistance, the presence of high liquidity could accelerate its move upward as traders chase momentum. The breakout also holds symbolic weight. It shows that investors are regaining confidence in Ethereum’s value proposition, particularly with the broader altcoin market showing signs of life. If ETH can hold this breakout and establish $3,000 as new support, the next leg higher could materialize quickly, opening the door to targets in the $3,400–$3,600 range. Related Reading: Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason ETH Breaks Major Resistance Ethereum (ETH) has decisively broken above the psychological and technical resistance at $3,000, closing its most recent candle at $3,008.97. This breakout follows a strong 15% daily surge, as seen in the chart, marking a powerful move backed by growing bullish momentum. Volume has expanded significantly, confirming trader conviction and institutional participation in this move. The breakout puts an end to nearly two months of sideways action, with ETH previously locked between the $2,500–$2,850 range. The 200-day simple moving average (SMA), currently near $2,796, was breached with strength, acting as a springboard for price acceleration. The reclaim of this moving average adds technical validation to the breakout and signals the beginning of a new bullish leg. Related Reading: Ethereum Price Action Signals Momentum Shift: BTC Sleeps And ETH Moves ETH is now in a key zone for potential continuation. As long as bulls defend the $2,850–$2,900 level as support, Ethereum has room to rally toward $3,400 and beyond. With Bitcoin trading at all-time highs and macro conditions turning favorable for risk assets, ETH could lead the next wave of altcoin expansion. Featured image from Dall-E, chart from TradingView
Ethereum is approaching a pivotal moment as it pushes to reclaim the $2,600 level, aiming to break free from weeks of sideways action. After trading within a tight range since early May, ETH is now testing the upper boundary of its consolidation zone, a move that could mark the start of a new bullish phase for the world’s second-largest cryptocurrency. Related Reading: Altcoins Set A Higher Low – Bulls Target 2024 High To Trigger Altseason Market participants are closely watching this level, as a successful breakout above $2,600 would likely attract momentum buyers and confirm renewed strength across the altcoin sector. However, the breakout is far from guaranteed. If bulls fail to sustain this move, Ethereum could face renewed selling pressure, with price potentially revisiting lower support zones. According to Coinglass data, liquidity clusters are clearly defined at $2,800 and $2,350. These levels will likely act as magnets in the coming days, depending on how Ethereum responds to current resistance. A clean break toward $2,800 would confirm bullish intent and broader altcoin surges, while a rejection could reinforce bearish sentiment. Ethereum’s Next Move Could Ignite Altseason Altcoins remain nearly 50% below their all-time highs, but bullish momentum is quietly building. Ethereum, the leader of the altcoin market, has been consolidating in a well-defined range between $2,400 and $2,700 since early May. This prolonged sideways action has kept much of the altcoin sector in a state of indecision. Now, traders and analysts agree: Ethereum must break out to lead the next major move. Market analyst Ted Pillows identifies two key liquidity levels for ETH: $2,800 on the upside and $2,350 on the downside. These zones represent the most likely destinations for price in the short term, depending on which side of the range breaks first. If Ethereum pushes above $2,800 with strength, it would likely trigger renewed risk appetite and a broad-based altcoin rally. On the other hand, a breakdown below $2,350 could lead to deeper corrections across the board. So far, bulls have defended the $2,500 level well, and growing open interest suggests that investors are positioning for an expansion. A decisive breakout in either direction will resolve weeks of consolidation and determine the short-term trend. Until then, Ethereum remains the gatekeeper of altcoin momentum—its next move could define the path for the entire market. Related Reading: Altcoins Set A Higher Low – Bulls Target 2024 High To Trigger Altseason ETH Tests Resistance Amid Range-Bound Structure Ethereum is currently trading at $2,563, hovering just below the $2,600 mark, a level that has acted as short-term resistance throughout June and early July. As shown in the 12-hour chart, ETH has been trapped in a horizontal consolidation structure between $2,400 and $2,700, with multiple failed attempts to break either side convincingly. The price remains above the 50, 100, and 200 simple moving averages (SMAs), which is a positive signal for bulls. The 100 SMA at $2,532 and the 200 SMA at $2,206 have offered strong dynamic support during recent pullbacks, reinforcing the current uptrend structure. Volume remains moderate, suggesting that market participants are waiting for a clear breakout before entering with conviction. A decisive close above $2,600 would open the door for a move toward $2,800, where large liquidity clusters have been identified by Coinglass. Related Reading: No Room For Bears: Bitcoin Bullish MACD, Monthly Close Fuel Bullish Outlook However, failure to maintain this short-term momentum could push ETH back toward the $2,400 support zone. Bulls have defended this level several times, and a break below it would likely invalidate the bullish setup and increase the risk of a deeper correction. Featured image from Dall-E, chart from TradingView