Ethereum is back near a major support area as analysts watch whether buyers defend the $1,825–$1,880 zone. A rebound could send ETH toward $2,073 and $2,360, but a break below $1,750 would we
Ethereum is back near a major support area as analysts watch whether buyers defend the $1,825–$1,880 zone. A rebound could send ETH toward $2,073 and $2,360, but a break below $1,750 would weaken the setup.
Ethereum is still near a key decision area as analyst More Crypto Online says ETH may be trying to form a larger B-wave bounce on the four-day chart.
The analyst said the bullish scenario needs a quick 1-2 setup to the upside to gain credibility. He added that this would likely need broader market support, including a similar structure from Bitcoin.
Ethereum Four-Day Chart. Source: More Crypto Online on X
The chart shows ETH trading near the lower part of a corrective structure after breaking down from a descending trendline. Price is now close to the short-term support area around $1,999 and $1,884.
The key downside level is $1,880. More Crypto Online said a decisive break below that level could send Ethereum back toward the February lows, and possibly toward the April 2025 lows later.
The chart also marks a wider lower support zone between about $1,598 and $1,818. That area could become important if ETH fails to hold the current range.
On the upside, the B-wave bounce scenario points toward a higher resistance box. The chart marks possible retracement levels at $2,605, $2,946, $3,332, and $3,970.
However, ETH has not confirmed that upside path yet. The analyst said the chart needs an immediate bullish structure before the B-wave scenario becomes stronger.
For now, Ethereum remains between lower support near $1,880 and higher resistance above $2,600. The next signal depends on whether ETH holds support and starts a clean upside setup, or breaks lower toward the previous lows.
Ethereum is approaching the lower part of its three-day price channel, according to a chart shared by Ali Charts on X.
The analyst said the key support area sits near $1,825. He added that this zone could offer a favorable risk-reward setup if ETH stays above $1,750 on a daily closing basis
Ethereum Three-Day Chart. Source: Ali Charts on X
The chart shows ETH falling from the upper range near $2,359 after losing momentum through May. Price also slipped below the midrange level near $2,073, which now acts as the first recovery target.
The lower channel support sits near $1,825. That area matters because previous price action has reacted from the same lower range, making it a key level for buyers to defend.
Ali Charts said ETH could target $2,073 first if it rebounds from the channel bottom. A stronger move could then bring the next resistance near $2,360 back into focus.
However, the setup depends on ETH holding above $1,750 on a daily close. A break below that level would weaken the risk-reward structure and signal that sellers remain in control.
For now, Ethereum is trading between broken midrange resistance and lower channel support. The next signal depends on whether buyers defend the $1,825 area or sellers push ETH below the invalidation level.
