Overview
- Ethereum is holding near $2,300 at a decision zone below the $2,340–$2,400 band that traders want to see cleared.
- Large holders added about 140,000 ETH worth roughly $322 million over 96 hours, according to Ali Charts, while the price stayed flat.
- The key support is $2,200, with a break lower risking a move toward about $1,900 if selling picks up.
- A gap on CME Ether futures near $2,400–$2,650 often draws price back, so a clean push higher could target that zone.
- About $8 billion in short bets could be forced to buy back if ETH jumps by around 20 percent, Max Crypto said, which could speed any rally.