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Ethereum Reclaims Realized Price – Bulls Face Strong Resistance At $2,300

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Ethereum (ETH) is once again trading above the $2,000 mark after several days of struggle, offering a glimmer of hope for investors looking for a recovery. The second-largest cryptocurrency has faced intense selling pressure in recent weeks, losing over 38% of its value since late February. Panic spread through the market when ETH broke below the key $2,000 level and later plunged under $1,800 — a move that signaled weakness and raised fears of a deeper correction.

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Despite the volatility, market sentiment is beginning to shift. Some investors now believe that the worst may be behind Ethereum, and a slow but steady recovery could be on the horizon. Supporting this narrative, on-chain data from Glassnode reveals that Ethereum has reclaimed its realized price at $2,040 — a level that reflects the average price at which all ETH in circulation last moved.

This recovery of the realized price is often seen as a subtle but important bullish signal. It suggests that, on average, holders are back in profit, which may help reduce selling pressure and rebuild confidence in the market. For now, Ethereum’s ability to stay above $2,000 will be key to confirming a broader trend reversal.

Ethereum Faces Pivotal Moment As Bulls Aim To Confirm Recovery

Ethereum is beginning to show signs of life after weeks of uncertainty, but a decisive move is still needed to shift market sentiment. The $2,000 level, recently reclaimed, now acts as the key battleground for bulls attempting to ignite a meaningful recovery. As speculation builds around whether Ethereum will continue to trend higher or fall back into a broader correction, price action remains indecisive. Without strong conviction from buyers, the current bounce may fade quickly.

To sustain any upward momentum, bulls must defend the $2,000 level with strength and consistency. A failure to hold this support could invite renewed selling pressure and invalidate early signs of recovery. For now, the price hovers in a critical range with no confirmed trend in either direction.

Top analyst Ali Martinez shared an important on-chain signal on X, noting that Ethereum has successfully reclaimed its realized price at $2,040. This level reflects the average price at which ETH last moved on-chain and often serves as a pivot point for market sentiment. Martinez also pointed to $2,300 as the next significant resistance, with pricing bands suggesting heavy selling pressure at that level.

Ethereum MVRV Extreme Deviation Pricing Bands | Source: Ali Martinez on X
Ethereum MVRV Extreme Deviation Pricing Bands | Source: Ali Martinez on X

Reclaiming $2,300 would mark a major technical breakthrough and potentially confirm a shift in trend. Until then, Ethereum remains in a fragile position, caught between renewed optimism and lingering caution. Bulls must step in with volume and follow-through to turn this early bounce into a full-fledged recovery rally.

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Technical Details: Price Struggles Below Key Averages

Ethereum (ETH) is currently trading at $2,070, hovering just above the crucial $2,000 support level. Despite recent attempts to regain strength, ETH remains 5% below the 4-hour 200 moving average (MA) and 200 exponential moving average (EMA) — a sign that momentum is still tilted in favor of the bears. These technical indicators often act as dynamic resistance, and until bulls reclaim them, the path to recovery remains uncertain.

ETH trading below the 4-hour 200 MA & EMA | Source: ETHUSDT Chart on TradingView
ETH trading below the 4-hour 200 MA & EMA | Source: ETHUSDT Chart on TradingView

For Ethereum to initiate a meaningful uptrend, reclaiming the $2,200 level is essential. A breakout above this zone would not only restore short-term bullish sentiment but also confirm a potential reversal from the recent downtrend. However, if ETH continues to struggle below the moving averages and fails to gain traction above $2,000, the risk of further downside increases significantly.

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A breakdown below $2,000 could trigger a sharper correction, with the next major support sitting around the $1,800 level — a zone that previously acted as a pivot during the February selloff. As market sentiment hangs in the balance, bulls must act quickly to defend key support and regain control of price action. Otherwise, Ethereum could face another leg down in the coming sessions.

Featured image from Dall-E, chart from TradingView 



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Ethereum

Ethereum Price Stalls In Tight Range – Big Price Move Incoming?

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Ethereum is trading at critical levels after enduring weeks of aggressive selling pressure. Since retracing below the key $2,000 mark, the second-largest cryptocurrency has struggled to regain bullish momentum. Currently down 21% from that level, ETH continues to hover near $1,580, reflecting a clear lack of conviction from both buyers and sellers.

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The market has entered a period of extreme indecision. According to top analyst Daan, Ethereum’s price has remained notably compressed, barely moving over the past two days. This type of consolidation often precedes sharp price action in either direction, and traders are watching closely for signs of a breakout or breakdown.

Macroeconomic uncertainty continues to influence investor sentiment, with global trade tensions and monetary policy concerns keeping pressure on risk assets like Ethereum. For now, bulls must reclaim the $1,850 resistance zone to confirm a trend reversal, while a drop below $1,500 could open the door to deeper losses.

As volatility builds in the background, the current compression could be the calm before a storm—setting the stage for Ethereum’s next decisive move. Will it break out to the upside, or is more downside in store?

Ethereum Compression Signals Breakout As Macro Pressure Builds

Ethereum is facing a critical test as it trades at compressed levels following weeks of sustained selling pressure. The broader crypto market remains under pressure as global tensions escalate. US President Donald Trump’s trade war with China continues to shape macroeconomic sentiment, leaving investors cautious across all high-risk asset classes.

Despite last week’s announcement of a 90-day tariff pause for all countries except China, uncertainty remains. The unresolved status of US-China trade relations continues to weigh on markets and is one of the primary factors driving hesitation in price movement. For Ethereum, this has translated into extremely low volatility and a stalled price structure.

Daan shared insights suggesting that Ethereum’s price has been “extremely compressed” and has not shown meaningful movement for the better part of two days. According to Daan, this type of compression usually precedes a significant breakout—though the direction of that move remains unknown.

Ethereum trading in a narrow range | Source: Daan on X
Ethereum trading in a narrow range | Source: Daan on X

Investors and traders alike are closely monitoring this setup, as compressed price action typically leads to large, momentum-driven shifts. With broader macro risks still in play, Ethereum’s next move could define the short-term trend and set the tone for the market in the weeks ahead.

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ETH Bulls Aim To Regain Control

Ethereum is trading at $1,590 after several days of sideways price action, hovering between support at $1,550 and resistance near $1,700. Despite holding above the lower end of this range, ETH has struggled to generate the momentum needed to break out and confirm a short-term recovery.

ETH trading below $1,600 | Source: ETHUSDT Chart on TradingView
ETH trading below $1,600 | Source: ETHUSDT Chart on TradingView

For bulls to establish a stronger position, ETH must push above the 4-hour 200-day moving average (MA) and exponential moving average (EMA), both of which continue to act as dynamic resistance. A breakout above these indicators could trigger renewed interest from traders and signal the beginning of a recovery phase.

However, the true test lies at the $2,000 level—a major psychological and technical resistance zone. Reclaiming this level would mark a shift in market sentiment and open the door to higher targets.

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On the downside, failure to gain ground above the current range and a drop below $1,550 could quickly drag ETH below $1,500, increasing the risk of a deeper correction. For now, Ethereum remains in a consolidation phase, and the next decisive move will likely dictate whether bulls regain control or if sellers push prices into lower demand zones.

Featured image from Dall-E, chart from TradingView 



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Ethereum

Ethereum Fee Plunges To 5-Year Low—Is This A Bottom Signal?

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On-chain data shows the Ethereum transaction fee has dropped to the lowest level in years recently. Here’s what this could mean for ETH’s price.

Ethereum Average Fees Now Valued At Just $0.168

In a new Insight post, the on-chain analytics firm Santiment has discussed the latest trend in the Average Fees of Ethereum. The “Average Fees” is a metric that, as its name suggests, keeps track of the average amount of fees that senders on the ETH network are attaching with their transactions.

This indicator’s value directly correlates to the amount of traffic that the blockchain is dealing with. The reason behind this lies in the fact that the network only has a limited capacity to handle transfers.

When the chain is busy, transfers can remain stuck in waiting until the transactions ahead of them clear out. Those who want their transactions to be processed ASAP can choose to attach a larger-than-average fee, so that the validators prioritise them.

In times of especially high traffic, this kind of competition among users can quickly drive the Average Fees up to significant levels. When there is little activity, however, senders have little incentive to pay any notable amount of fees, so the metric’s value can remain low.

It would appear that Ethereum has been witnessing the latter kind of conditions recently, as the Average Fees have registered a drop.

Ethereum Average Fees

Looks like the value of the metric has declined to a low level in recent days | Source: Santiment

As displayed in the above graph, the Ethereum Average Fees have fallen to a low of $0.168 recently, which is the lowest that it has been since 2020. This means that activity on the network is historically low at the moment.

According to the analytics firm, this may not actually be so bad from a trading perspective, as low fee periods can often precede rebounds in the cryptocurrency’s price.

Below is a chart that shows an example of this trend in action:

Ethereum Trend

The past trend in the transaction fees of ETH | Source: Santiment

As is visible in the above graph, the Ethereum Average Fees falling under the $1 mark back in 2023 led to bullish momentum for the asset. The explanation behind this pattern may lie in the fact that low-fee periods can indicate disinterest from the crowd.

Historically, ETH and other digital assets have tended to move in a way that goes contrary to the expectation of the majority. This means that a lack of optimism can lead to rebounds, while excessive hype can result in tops. From the chart, it’s apparent that ETH’s Q1 2024 top came as the metric surpassed $15, indicating a plethora of excitement.

“Generally, fee levels under $1 are a pretty promising sign that the crowd has become disinterested,” notes the analytics firm. “Just remember that there is no set guaranteed “bottom” or “top” level every time fee costs breach below or above a certain level.”

ETH Price

At the time of writing, Ethereum is trading around $1,600, up more than 1% in the last 24 hours.

Ethereum Price Chart

Looks like the price of the asset hasn't moved much recently | Source: ETHUSDT on TradingView

Featured image from Dall-E, Santiment.net, 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.



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Ethereum Investors Suffer More Losses Than Bitcoin Amid Ongoing Market Turmoil

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Given the continued volatility in the general crypto market, several major digital assets such as Ethereum and Bitcoin experienced a decrease in investor participation. As a result, the two crypto giants were faced with significant selling pressure, with ETH recording more losses than Bitcoin.

Ethereum Outpaces Bitcoin In Recent Losses

Over the last few days, Ethereum and Bitcoin have struggled with notable bearish pressure that has hampered their upward movements. During this volatile period, seasoned market expert and host of the Crypto Banter show, Kyle Doops, has outlined substantial losses in both assets as observed in the 6-Hour Rolling Losses metric.

Ethereum’s value has declined more precipitously than that of several of its competitors, triggering selling pressure among investors. During the recent sell-off, Ethereum holders have locked in $564 million in losses, highlighting growing investor caution and a shift in market sentiment. 

According to the expert, this is one of the worst losses ETH investors have experienced since the 2023 bull began. The notable losses raise concerns about ETH’s short-term resilience and future performance as volatile market conditions constantly affect investors’ confidence in the altcoin.

Kyle Doops highlighted that while losses are decreasing, this could imply that the market is adjusting to lower pricing. With the market adapting to lower price conditions, the market expert is confident that capitulation is still present.

Ethereum
ETH sees massive realized losses | Source: Kyle Doops on X

In another X post, Kyle Doops reported that Bitcoin is navigating rough waters as it suffers significant losses amid persistent market turbulence. This huge loss has also triggered speculations about the sustainability of BTC’s renewed upward trend to key levels like $85,000.

Data from the expert reveals that investors of the largest cryptocurrency asset experienced about $250 million in realized losses in just 6 hours after last week’s sharp drop. In the current market cycle, this loss is one of the biggest so far.

However, looking at the chart, each leg down is exhibiting less pain, which suggests that sellers might be running out of ammo. As key technical resistance levels continue to hinder BTC’s uptrend, the future of the flagship asset is becoming increasingly uncertain.

Where One Of ETH’s Strongest Support Lies

ETH has made a brief rebound to the $1,600 mark after a sudden drop on Wednesday. Delving into the price action, Ali Martinez, a crypto analyst, has underlined a crucial support zone for Ethereum, where significant investor interest was seen in spite of continued price fluctuation.

While the altcoin slowly rebounds, Ali Martinez highlighted that the $1,528.50 is a key support level in its price dynamics. This is due to the notable accumulation around this level. On-chain data shows that about 2.61 million wallet addresses purchased more than 4.82 million ETH in this zone, making it a robust area of support against downside pressure.

Ethereum
ETH trading at $1,602 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Unsplash, 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.



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