Ethereum
Ethereum Bulls Disappointed As Recovery Attempt Fails At $2,160 Resistance

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Ethereum’s attempt to regain bullish momentum has hit a roadblock, as the price failed to break through the crucial $2,160 resistance level. After showing signs of recovery, ETH faced strong selling pressure at this key level, preventing a sustained breakout and disappointing bullish traders who were hoping for further upside.
Its inability to push past this resistance suggests that bears are still in control, keeping Ethereum’s price under pressure. With the momentum fading and the market sentiment turning cautious, traders are now closely watching key support zones to determine the next move.
Bearish Pressure Mounts: What’s Next For Ethereum?
Ethereum is facing increasing downside pressure as its latest recovery attempt was rejected at the $2,160 resistance level. The failed breakout has reinforced bearish sentiment, with key technical indicators signaling weakness. If buyers fail to step in, ETH could be at risk of deeper declines in the near term.
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One of the major warning signs is weak volume during the recovery attempt. A strong breakout typically requires significant buying interest, but Ethereum’s rally lacked momentum, making it easier for sellers to regain control. This lack of conviction from bulls suggests that the upside move was not sustainable, allowing bears to push prices lower.

Additionally, the Relative Strength Index (RSI) has broken down, moving below key thresholds that indicate weakening bullish strength. The current declining RSI shows that buying pressure is fading, making it difficult for Ethereum to build upward momentum. If the RSI continues trending downward, it could further confirm a prolonged bearish phase.
The Moving Average Convergence Divergence (MACD) has also turned negative, with a breakdown below the signal line and a widening gap between the MACD and its moving average. This crossover indicates that bearish momentum is accelerating, reducing the chances of an immediate recovery. When combined with other bearish signals, the MACD breakdown further supports the case for a continued downside.
Looking ahead, ETH may retest key support zones. However, a strong bounce from lower levels could offer bulls another chance to regain lost ground. For now, the charts suggest that Ethereum remains vulnerable to further declines.
Support Levels To Watch: Can Bulls Prevent Further Decline?
With attention now turning to key support levels, the first major support to watch is around $1,523, a level that previously acted as a short-term demand zone. If Ethereum holds above this area, it might provide bulls with a foundation for another rebound attempt. However, a break below this level could signal growing bearish dominance, increasing the risk of deeper losses.
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Below $1,523, the next key support lies at $902, aligning with previous price reactions and acting as a psychological level for traders. A failure to hold here may accelerate selling pressure, pushing ETH toward other support below.
Featured image from iStock, chart from Tradingview.com
Ethereum
Ethereum May Have To Undo This Death Cross For Bull’s Return


A quant has revealed how Ethereum (ETH) saw a death cross in this indicator shortly before bearish momentum took the asset in full force.
Ethereum Formed A Death Cross In Funding Rates Earlier
In a CryptoQuant Quicktake post, an analyst has shared a chart for the Funding Rates of Ethereum. The “Funding Rates” refers to a metric that keeps track of the amount of periodic fee that traders on the derivatives market are exchanging between each other right now.
When the value of this indicator is positive, it means the long contract holders are paying a premium to the short investors in order to hold onto their positions. Such a trend suggests a bullish sentiment is shared by the majority of the derivatives traders.
On the other hand, the metric being under the zero mark implies a bearish mentality is dominant in the sector, as short holders are overwhelming the long ones.
Now, here is the chart for the Ethereum Funding Rates posted by the quant, which shows the trend in the 50-day and 200-day simple moving averages (SMAs) of the indicator over the last couple of years:
Looks like these two lines saw a crossover earlier in the year | Source: CryptoQuant
As displayed in the above graph, the 50-day SMA of the Ethereum Funding Rates crossed under the 200-day SMA in January of this year. This suggests that the optimism in the market witnessed a shift.
From the graph, it’s visible that since the crossover in the two SMAs of the indicator has emerged, the ETH price has been sharply moving down. The trend isn’t unique to the asset, as the wider cryptocurrency sector has also seen a similar pattern, with investors becoming risk-averse.
In the first half of last year, the Funding Rates observed the same type of crossover, and then, the Ethereum price followed up with a period of bearish action.
It wasn’t until the reverse crossover happened, with the 50-day SMA finding a break above the 200-day SMA, that bullish momentum returned in the cryptocurrency market. The same pattern was also seen back in 2023.
It’s possible that for constructive price action to return for Ethereum and other assets, a bullish crossover in the Funding Rates may once again have to take place. “When the speculators return and start using their greedy leverage, the crypto bull market will begin,” notes the analyst.
When this would happen, however, is anyone’s guess, as the 50-day and 200-day SMAs of the indicator are currently quite far apart. In 2024, the lines took many months before they crossed back, so it’s possible that it will take some time for the crossover to occur now as well.
ETH Price
Ethereum is moving to end the month of March on a red note as its price has fallen to the $1,800 level, after seeing a decline of almost 14% in the past week.
The trend in the ETH price over the last five days | Source: ETHUSDT on TradingView
Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

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Ethereum
Ethereum’s Price Dips, But Investors Seize The Opportunity To Stack Up More ETH


Comparing current price action with past performances, Ethereum, the second-largest crypto asset, seems to have witnessed its worst-ever first quarter as it draws closer to its end. However, many investors are expressing interest in ETH’s prospects again, purchasing the asset in huge chunks.
Investors Buying The Ethereum’s Price Dip
Ethereum has continued to struggle to undergo a major upward move even as other digital assets make history in the ongoing market cycle. Despite the recent pullback in ETH’s price, Ali Martinez, a seasoned crypto analyst and trader, has highlighted a renewed bullish sentiment among investors.
Specifically, investors are seizing the opportunity to stack up on ETH in light of ongoing price correction, signaling interest and confidence in the asset’s long-term potential. This buying activity suggests that seasoned traders are considering the current drop as a strategic entry or buying point.
According to Ali Martinez, the development was spotted as Ethereum encountered a significant resistance wall between the $2,200 and $2,580 price mark. Examining the data from IntoTheBlock, the expert reported that over 12.43 million investors purchased a massive portion of 66.18 million ETH within the $2,200 and $2,580 price zones.
These kinds of accumulation show that both retail and institutional investors are hopeful about the market. Should this substantial buying activity extend, Ali Martinez is confident that bullish momentum might build up for ETH, leading to a break above the zone.

Market analyst and trader CryptoELITES predicts a robust upswing for ETH to new all-time highs in the upcoming weeks. CryptoELITES prediction is based on past price trends in which ETH witnessed a massive rally after a lengthy period of downward movements.
Delving into the recent price action, the expert believes ETH’s correction has reached a bottom similar to the 2017 and 2021 bull market cycles. With the altcoin potentially reaching a bottom, CryptoELITES anticipates an over 700% upsurge in 2025.
A 700% surge will bring the altcoin’s price to the $15,000 milestone before the ongoing bull market cycle completes. Given that Ethereum is mirroring past trends, a possible price reversal could be on the horizon.
ETH Eyeing A Breakout From Key Chart Pattern
While ETH is facing volatility, it is presently at a critical junction that might determine its next move. Jonathan Carter, a crypto and technical analyst, reveals that Ethereum is holding above the lower boundary of a Descending Triangle formation after navigating its price in the 4-hour time frame.
At this zone, the asset might muster enough momentum for a rebound. Carter expects a bounce from the current support zone to push ETH toward key resistance levels at $1,950, $2,080, $2,230, and $2,320. However, if the altcoin falls below the support, the price may drop further to the downside.
Featured image from Pexels, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Ethereum
Ethereum Price Confirms Breakout From Ascending Triangle, Target Set At $7,800

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
The Ethereum price has finally broken out of a months-long consolidation pattern, signaling the possible start of a significant bullish move. The recent breakout of an Ascending Triangle formation suggests that ETH is set for more gains, with a crypto analyst suggesting a price target of $7,800 in the coming months.
Ethereum Price Targets $7,700 ATH
The Ethereum price is believed to be targeting a new all-time high of $7,800 after its recent breakout from an Ascending Triangle. For months now, the cryptocurrency has been trading within this classic bullish chart pattern, where prices make higher lows while facing strong resistance at a fixed level.
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This consolidation pattern has been active since late 2024, establishing strong resistance at $4,000. TradingView analyst Sohaibfx has predicted that if Ethereum can surpass this resistance level, it would confirm a bullish trend, leading to a strong upward continuation in its price.
Looking at the analyst’s price chart, Ethereum spent several months navigating between $2,000 and $4,000 in Q1 2025. This region represented an accumulation phase where buyers had quietly built their positions in anticipation of a potential rally.

A descending channel marked in orange in the price chart also shows that Ethereum had experienced a significant pullback mid-to-late 2024 before breaking out. This was likely the final shakeout before it regained its bullish momentum.
According to Sohaibfx, a measured move of the Ascending Triangle suggests that Ethereum is poised for an explosive 333% surge to $7,800. This bullish target is calculated by determining the height of the triangle, which is the difference between its base at $2,000 and resistance level at $4,000.
When the price breaks above the resistance, the common method for estimating the possible next move is to add the triangle’s height to the breakout point, which gives a technical target of $6,000. However, based on past price behaviour and strong buying momentum, the Ethereum price could push even higher, with $7,800 being a key psychological level.
Support Levels And Momentum Indicators To Watch
In his price analysis, Sohaibfx has pinpointed the $4,000 and $3,000 price levels as support levels for Ethereum. This support should act as a safety net, where buyers are likely to step in to prevent further decline after Ethereum reaches its projected $7,800 target.
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Moving forward, the analyst highlights key momentum indicators that should be monitored. While the analyst’s chart does not specify indicators like Moving Average Convergence Divergence (MACD) or Relative Strength Index (RSI), Ethereum’s sharp upward move suggests that strong momentum will be a major contributor to its rise to a new ATH.
Sohaibfx has advised traders to watch out for RSI levels above 70, as overbought conditions could signal a potential pullback while Ethereum approaches higher levels.
Featured image from Adobe Stock, chart from Tradingview.com
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