Ethereum is continuing to grind higher, but this is where things get interesting.
After bottoming out around 1,800–1,900, ETH has built a solid base and is now pushing into the 2,200–2,300 region. Structurally, this is a clear shift from the prior downtrend — we now have higher lows and short term momentum to the upside.
That said, price is now running into the first real resistance zone.
Key levels:
• 2,200–2,300 → current resistance / decision area
• 2,726 → major reclaim level for a bigger trend shift
• 2,000 → key support to maintain bullish structure
What looks good:
• Clean bounce from the lows
• Higher lows forming consistently
• Momentum building into resistance
What to watch:
This current area is where many prior breakdowns happened, so it’s normal to see some hesitation here. If ETH can hold above ~2,100 on pullbacks and continue pressing higher, that would be very constructive and likely lead to a move toward 2,500–2,700.
If we get rejection and lose 2,000 again, then this becomes just another lower high in the broader structure.
Bottom line: ETH looks strong off the lows and is trending up, but it’s now testing a key resistance zone. Hold above 2k and continue higher → bullish continuation. Rejection here → back to range/chop.
After bottoming out around 1,800–1,900, ETH has built a solid base and is now pushing into the 2,200–2,300 region. Structurally, this is a clear shift from the prior downtrend — we now have higher lows and short term momentum to the upside.
That said, price is now running into the first real resistance zone.
Key levels:
• 2,200–2,300 → current resistance / decision area
• 2,726 → major reclaim level for a bigger trend shift
• 2,000 → key support to maintain bullish structure
What looks good:
• Clean bounce from the lows
• Higher lows forming consistently
• Momentum building into resistance
What to watch:
This current area is where many prior breakdowns happened, so it’s normal to see some hesitation here. If ETH can hold above ~2,100 on pullbacks and continue pressing higher, that would be very constructive and likely lead to a move toward 2,500–2,700.
If we get rejection and lose 2,000 again, then this becomes just another lower high in the broader structure.
Bottom line: ETH looks strong off the lows and is trending up, but it’s now testing a key resistance zone. Hold above 2k and continue higher → bullish continuation. Rejection here → back to range/chop.
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Decoding onchain data for everyday investors 📊
Whale tracking 🌐 Exchange flows 🌐 Smart money 🌐
DMs open for new projects. 📩
Follow us on X: x.com/OnchainDecoded
Join our telegram: t.me/onchainnewsblog
Whale tracking 🌐 Exchange flows 🌐 Smart money 🌐
DMs open for new projects. 📩
Follow us on X: x.com/OnchainDecoded
Join our telegram: t.me/onchainnewsblog
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
