Overview
- ETH traded around $2,020–$2,100 after a rebound from roughly $1,850, with repeated rejections near the $2,150 resistance.
- Quicktake analysis by MorenoDV shows price below the whale realized price near $2,074, a level that has historically flipped between support and resistance.
- Failure to retake that threshold within 30–45 days could precede drawdowns toward $1,800, with deeper risk projected to $1,600–$1,300 if $1,800 gives way.
- Technicians identify $2,150 as the first reclaim trigger, with acceptance above pointing to $2,220–$2,300 and a stronger confirmation only above $2,377.
- Longer-term context notes robust network activity, including about $5 billion in 2025 stablecoin issuer revenue on Ethereum, and charts outlining accumulation zones near $1,900 and potentially $1,200–$1,400.