Ethereum Breaks Fhe Final Whale Floor In A 2018-Style Capitulation: What To Expect
Ethereum is struggling to reclaim the $2,000 level, with persistent selling pressure continuing to weigh on sentiment across the broader crypto market. Despite intermittent recovery attempts, price action remains fragile as liquidity conditions tighten and investors reassess risk exposure following the sharp correction from the 2025 highs. The repeated failure to secure sustained acceptance above this psychological threshold has reinforced caution among both institutional and retail participants. Volume patterns suggest participation has moderated compared with the impulsive rally phase, indicating reduced speculative enthusiasm. However, declining volume during corrections can also signal exhaustion of aggressive sellers, potentially setting the stage for base formation if demand stabilizes.Related Reading
Immediate support appears concentrated near the recent local lows around the mid-$1,800 zone, while resistance remains clustered near the $2,200–$2,400 region where prior consolidation occurred. A sustained move above these levels would be required to shift short-term momentum decisively positive. Conversely, failure to hold current support could expose Ethereum to deeper retracement levels consistent with broader market deleveraging.
For now, Ethereum remains at a technical and psychological crossroads. Trading below whale realized prices, struggling beneath major resistance levels, and navigating uncertain macro conditions collectively define a market still searching for equilibrium rather than entering a confirmed recovery phase.
Featured image from ChatGPT, chart from TradingView.com
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