Ethereum is now facing a critical test as it trades in the range of more than $1,850 resistors, while it is above $1,750 support. After a strong recovery from the $1,400 level earlier this month, the Bulls managed to stabilize the price action, but the real challenge is now developing. To confirm a sustainable bullish structure, Ethereum must decisively regain its $2,000 level in the coming days.
Market sentiment remains cautious as Ethereum consolidates resistance, while macroeconomic uncertainty continues to weigh risky assets. Top crypto analyst Big Cheds shared insights on X, highlighting technical issues: Ethereum is showing a 4-hour bear difference (ABLANCE volume) and an upper shadow structure.
As volatility is expected to increase, traders will closely monitor breakthroughs or breakdowns, and the upcoming meetings may define the trend of Ethereum in the coming weeks. The bulls need to act quickly to maintain momentum and prevent the bear from regaining control.
Ethereum battle resistance when the bulls try to maintain control
Ethereum is starting to show early signs of bullish structures at low time, making the Bulls hope for a wider recovery. After launching from the local low of $1,400, ETH managed to keep above the key moving average and consolidate in a tight range. However, the market remains very cautious and sales pressure may increase rapidly if the Bulls cannot achieve higher levels.
Over the past few days, momentum has changed Ethereum’s support, and several analysts call for potential massive breakthroughs if critical resistance levels are violated. A confirmed breakthrough of more than $1,850 can be quickly transferred to a psychological level of $2,000. However, risks remain higher, with opposing bearish views suggesting that Ethereum may revisit the $1,300 region if the bulls lose control.
CHED’s key insights point to the fact that Ethereum forms a 4-hour bearish difference on the volume-volume (obvious) indicator. This combined with the upper shadow appearance on the local structure, marking a weakening of buying pressure. According to Cheds, if Ethereum loses $1,750 in support zones, a short position can be triggered, which will confirm the breakdown of the current merger model.
Technical details: The key level of changing structure
After several days of tight merger and modest upward movement, Ethereum trades at $1,815. The Bulls have managed to defend the $1,750-$1,800 support range, but the real test is still ahead. To transform the broader bearish structure into a confirmed bullish trend, Ethereum must retrace its $2,100 level. Without such a breakthrough, any gathering could be seen as a temporary relief in the broader downward trend.
It is crucial to maintain the $1,800 level over the next few days. A strong foundation above the region will help build strong demand and create the conditions required to continue to resume gatherings. The Bulls are gaining some short-term momentum, but they are still facing a market surrounded by macroeconomic uncertainty and cautious sentiment.
If Ethereum fails to keep support at $1,750, the downside risk will grow rapidly. Breaks below this area could trigger a sharp sell-off that could send ETH to $1,500. When the market shows signs of strength, Ethereum’s next move will be decisive. It will determine whether it can join a larger recovery trend or continue to struggle in an uncertain and uncertain environment.
Featured images from DALL-E, charts from TradingView
