Can Ethereum Hold Its Key $2.8K–$3.0K Demand Zone?
The post Can Ethereum Hold Its Key $2.8K–$3.0K Demand Zone? appeared on BitcoinEthereumNews.com.
TLDR: Ethereum sits at $2.8K–$3.0K, a critical demand zone for potential higher lows. Exchange supply hits lowest since 2016, reducing sell pressure and signaling accumulation. Weekly MACD shows bearish momentum, while RSI near 40 suggests bulls have limited control. Resistance lies at $3,200–$3,400; breach of support could push ETH toward $2,200–$1,800. Ethereum is testing a critical demand zone between $2,800 and $3,000 as the market navigates prolonged consolidation. Price has been trading mid-range, roughly between the macro low near $1,700 and resistance around $4,800–$5,000. Historical patterns show that these levels have often acted as a launchpad during prior cycles. Traders are observing whether Ethereum can maintain this support, which is crucial for sustaining higher lows and preserving bullish structure. Market Structure Around $2.8K–$3.0K Ethereum has consistently printed lower highs since 2021, reflecting persistent supply pressure. Each attempt to move above $4,000 met aggressive selling, keeping the price in a neutral-to-bearish pattern. Immediate resistance now sits at $3,200–$3,400, while weekly support near $2,600 forms the lower boundary of the key demand zone. Breaching this support could open further downside toward $2,200 and $1,800, defining deeper accumulation areas. Analyst CyrilXBT emphasized that the $2,800–$3,000 level is a make-or-break zone. According to the analyst, maintaining this band keeps Ethereum’s structure bullish and allows energy to build rather than break down. ETH – update$ETH is at a make-or-break zone. Every major cycle shows the same pattern: deep pullback → rounded base → continuation. ETH is sitting on a key demand band around $2.8k–$3.0k the same area that’s repeatedly acted as a launchpad in past cycles. As long as this… pic.twitter.com/TjTofkVoLM — CyrilXBT (@cyrilXBT) December 17, 2025 Losing this zone could quickly shift the narrative, potentially marking a phase of distribution. Traders are advised to monitor this zone closely for clues on accumulation versus selling…
Filed under: News - @ December 19, 2025 3:24 am