Ethereum is currently trading at $1,920.43, staying above a crucial demand zone as bullish technical signals on its monthly chart hint at a possible trend reversal. With a market cap of approximately $231.76 billion, ETH now holds about 10.49% of the total cryptocurrency market.
The cryptocurrency has generated significant interest recently, especially following the appearance of two monthly TD Sequential Buy signals on its chart: a Black 9 and an S13. These signals have previously indicated major turning points in Ethereum’s price trajectory.
Analysts have noted that similar signals in the past have led to substantial rallies. For instance, a Black 9 buy signal in September 2022 resulted in a staggering 236% increase, while an S13 buy signal in April 2025 saw a 258% surge. Although past performance is not indicative of future results, these signals are under close scrutiny.
Another analyst, Ted (@TedPillows), pointed out that as long as ETH remains above the $1,900 level, there is a strong possibility for it to push above the $2,000 threshold. This level is critical for maintaining bullish momentum.
Ethereum has consistently defended the demand zone between $1,800 and $1,850, where buyers have shown resilience during recent dips. This area remains vital for any downside movements.
Resistance at $2,000: A Key Hurdle
The $1,980–$2,000 resistance zone has proven challenging during the recent recovery. A decisive breakout above $2,000 would signal a strengthening momentum for ETH.
If ETH can clear this resistance, the next target would be $2,100, aligning with the 200-day EMA positioned around $2,124. Currently, ETH is trading above its 50-day EMA at $1,864 but is held back by the 100-day EMA near $1,924. The RSI is around 56, indicating steady momentum without being overheated.
The MACD line, while slightly negative, shows signs of improvement, suggesting that selling pressure is starting to ease.
Institutional Interest Grows: Ethereum ETF Inflows Surge
On the institutional front, spot Ethereum ETFs have seen a remarkable $244.94 million in net inflows last week, marking the highest figure in nearly four months. This influx reflects a growing interest in Ethereum among institutional investors.
Data from recent reports indicate that Bitcoin spot ETFs recorded $854 million in net inflows during the same period, while Ethereum maintained steady interest with five consecutive weeks of inflows.
Additionally, two wallets acquired 80,000 ETH, valued at approximately $152 million, in recent days, further indicating strong demand.
However, if ETH were to lose the $1,800 support zone, it could weaken the bullish structure observed on the chart, with major support below that level sitting at $1,385.
As it stands, ETH is trading just below the 100-day EMA at $1,924, which is the nearest resistance level to monitor closely in the coming days.
