Ethereum

United

Spot

<h3 id="key-takeaways">Key Takeaways</h3><ul><li>ETH currently fluctuates between $2,095 and $2,110, positioned beneath critical moving averages</li><li>Smaller holders offloaded 110,000 ETH over the past week, extending a distribution pattern from November</li><li>Spot Ethereum ETFs in the United States witnessed approximately $216M in net redemptions for the second week running</li><li>The Coinbase Premium metric declined further, signaling diminished buying appetite from American traders</li><li>Futures market participants continue accumulating positions, with open interest surpassing 15M ETH</li></ul><p>Ethereum is maintaining a precarious position just beneath the $2,100 threshold this Monday, registering a modest 1% daily gain while lacking convincing bullish momentum. The cryptocurrency retreated below the $2,110 mark and its 100-hour Simple Moving Average following an unsuccessful attempt to secure the $2,120 level.</p><figure id="attachment_189857" class="wp-caption aligncenter"><img class="size-full wp-image-189857" src="https://blockonomi.com/wp-content/uploads/2026/05/chart-11-2.webp" alt="Ethereum (ETH) Price" width="1824" height="1248"><figcaption id="caption-attachment-189857" class="wp-caption-text"><a href="https://www.coingecko.com/en/coins/ethereum?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7" rel="noopener noreferrer nofollow">Ethereum (ETH) Price</a></figcaption></figure><p>Wallet addresses containing between 100 and 1,000 ETH distributed 110,000 tokens throughout the previous week. This consistent selling behavior has persisted since November, highlighting sustained liquidation pressure from medium-sized holders seeking exits.</p><p>Larger accumulation addresses holding between 1,000 and 100,000 ETH demonstrated negligible activity during the recent seven-day period. This represents a notable departure from the preceding week when these wallets were actively reducing positions, potentially indicating that major stakeholders have largely completed their distribution cycles.</p><p>Market analyst Ted Pillows highlighted the concerning price dynamics via social media, cautioning that ETH’s inability to recapture the $2,150 threshold represents a worrying technical development. “This is not a good sign and shows more weakness could be on the way for Ethereum,” he posted.</p><div class="embed-twitter"><blockquote class="twitter-tweet"><p><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> failed to reclaim the $2,150 level.</p><p>This is not a good sign and shows more weakness could be on the way for Ethereum. <a href="https://t.co/mk963AQaMP" rel="noopener noreferrer nofollow">pic.twitter.com/mk963AQaMP</a></p><p>— Ted (@TedPillows) <a href="https://twitter.com/TedPillows/status/2058825820194439512?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 25, 2026</a></p></blockquote></div><p>ETH remains trapped beneath its average onchain acquisition cost for both retail participants and whale cohorts, which ranges from $2,200 to $2,500. This zone is functioning as overhead resistance, with profit-taking emerging whenever prices approach these break-even thresholds.</p><h3 id="american-market-sentiment-deteriorates">American Market Sentiment Deteriorates</h3><p>The Coinbase Premium Index experienced additional deterioration during the past week, extending a downward trajectory that commenced in late April. This indicator measures the price differential between Coinbase and competing platforms and serves as a barometer for US investor appetite. A declining metric indicates American market participants are abstaining from accumulation.</p><figure class="wp-caption alignnone"><img src="https://www.fxstreet.com/_next/image?url=https%3A%2F%2Feditorial.fxsstatic.com%2Fmiscelaneous%2FEthereum%2520Coinbase%2520Premium%2520Index%2520%252821%2529-1779744931903.png&amp;w=1536&amp;q=95" alt="" width="1536" height="864"><figcaption class="wp-caption-text"> Source: CryptoQuant </figcaption></figure><p>Spot Ethereum exchange-traded funds in the United States reinforced this narrative, recording approximately $216 million in net redemptions for a consecutive second week. These investment vehicles are currently experiencing a ten-day consecutive outflow period, according to tracking data from SoSoValue.</p><p>Examining the daily timeframe, <a href="https://coincentral.com/ethereum-eth-casinos/" rel="noopener noreferrer nofollow">Ethereum</a> remains positioned beneath its 20-day, 50-day, and 100-day Exponential Moving Averages, which cluster between $2,183 and $2,308. The Relative Strength Index hovers near 39, reflecting anemic buying pressure. The Stochastic Oscillator shows signs of recovery from oversold conditions, though upside potential appears constrained by the overhead moving average cluster.</p><h3 id="critical-price-thresholds">Critical Price Thresholds</h3><p>Near-term resistance emerges at $2,110, followed by $2,120 and $2,150. A decisive breakthrough above $2,220 could potentially unlock movement toward $2,250 or $2,320.</p><p><img class="aligncenter size-full wp-image-189859" src="https://blockonomi.com/wp-content/uploads/2026/05/ETHUSD_2026-05-26_07-52-11.webp" alt="" width="1331" height="877"></p><p>Regarding downside protection, initial support materializes at $2,075, with subsequent levels at $2,060. Penetration below these zones could direct ETH toward $2,020 and the psychologically significant $2,000 level. Should these supports crumble, $1,940 emerges as the next substantial floor.</p><p>Despite the challenging spot market conditions, ETH futures open interest advanced beyond 15 million ETH while funding rates maintained positive territory, according to Coinglass metrics, indicating derivatives market participants continue accumulating positions during price weakness.</p><p>The post <a href="https://blockonomi.com/ethereum-eth-price-faces-continued-pressure-as-buyers-remain-sidelined/" rel="noopener noreferrer nofollow">Ethereum (ETH) Price Faces Continued Pressure as Buyers Remain Sidelined</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.</p>

Ethereum (ETH) Price Faces Continued Pressure as Buyers Remain Sidelined

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