Ethereum

bullish

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<ul class="wp-block-list cnl-post-highlights-list"><li>Ethereum struggles at $1.9K, facing bearish signals across multiple timeframes.</li><li>Whale accumulation and rising trading volumes show hidden strength despite bearish charts.</li><li>Strong support near $1,900 could prevent further decline and fuel a potential rebound.</li></ul><p><a href="https://cryptonewsland.com/inverse-head-and-shoulder/" rel="noopener noreferrer nofollow">Ethereum — ETH</a>, is still under pressure. The price recently dropped to $1.9K, breaking a key trendline. Bears continue to dominate the three-week, monthly, and bimonthly charts. A major candle closes in eight days, increasing uncertainty. Despite this weakness, strong on-chain activity suggests resilience. Whales are accumulating, and trading volumes have surged. A battle between technical weakness and investor confidence keeps the market in a tense state.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"> https://twitter.com/RAFAELA_RIGO_/status/1903778737130238286 </div></figure><h2 class="wp-block-heading" id="whales-show-confidence-as-trading-activity-surges">Whales Show Confidence as Trading Activity Surges</h2><p>Ethereum managed to <a href="https://cryptonewsland.com/eth-price-chart-shows-multiple/" rel="noopener noreferrer nofollow">reclaim $2,000</a>, signaling hidden strength. Trading volume spiked 60.6%, climbing to $10.89 billion. Futures open interest rose 6.66% to $21.61 billion. Traders remain active, despite bearish technicals suggesting caution. Crypto analyst Ali Martinez reported a surge in whale accumulation. Large investors purchased 470,000 ETH in just one week.</p><p>This aggressive buying signals confidence in long-term growth. Institutional players continue stacking <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a>, preventing a deeper price drop. Whale activity often acts as a leading indicator. Smart money moves before trends become obvious. This level of accumulation suggests large investors see long-term potential, even while charts show weakness.</p><h2 class="wp-block-heading" id="ethereum-s-support-zone-holds-strong">Ethereum’s Support Zone Holds Strong</h2><p>A major accumulation zone has formed between $1,886 and $1,944. Over 3 million investors hold 6.12 million ETH in this price range. This level has now become a key support zone, making it difficult for bears to push prices lower.</p><p>Market analysts expect Ethereum to hover above $2,000 for a while before making a decisive move. A breakout may take time, but bullish signs remain. Traders are also watching the <a href="https://www.tradingview.com/symbols/ETHBTC/" rel="noopener noreferrer nofollow">ETH/BTC pair</a> closely. A flipped chart reveals a potential Adam &amp; Eve pattern. If confirmed, Ethereum could target 0.0019 BTC per ETH.</p><p>Bears remain in control, but strong hands refuse to back down. With the three-month close approaching, Ethereum stands at a critical turning point. The battle between buyers and sellers intensifies, setting the stage for the next big move.</p>

Ethereum Struggles at $1.9K – Monthly and Bimonthly Charts Flash Bearish

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