The post Ethereum price eyes $2,200 as local structure flips bullish appeared on BitcoinEthereumNews.com.

Ethereum price has begun showing early signs of recovery as local market structure turns bullish. Consecutive higher highs and higher lows above key volume levels now place the $2,200 resistance zone in focus. Summary Higher highs and higher lows signal bullish structure shift $1,862 high timeframe support held at value area low $2,200 major resistance becomes next upside target Ethereum’s (ETH) recent price action suggests a shift in short-term momentum after a successful defense of major support. While the broader market remains range-bound, the internal structure has begun to show bullish characteristics. This shift is raising the probability of a continued move higher toward the next significant resistance level. Ethereum price key technical points Bullish Structure: Higher highs and higher lows forming above the Point of Control. Key Support Held: $1,862 acted as strong high timeframe demand. Upside Target: $2,200 high timeframe resistance above the value area high. ETHUSDT (4H) Chart, Source: TradingView Ethereum’s current price action reflects an important local structural change. After previously trading in a corrective phase, the asset has begun forming consecutive higher highs and higher lows, a classic signal that momentum may be shifting in favor of buyers. This structural transition occurred as price reclaimed and held above the Point of Control (POC), which represents the area with the highest traded volume within the current trading range. Holding above the POC typically signals that the market is establishing acceptance at higher prices. When buyers manage to sustain price above such an equilibrium level, it often opens the probability of a continuation move toward the upper boundary of the range. A key factor supporting this shift was Ethereum’s reaction at the $1,862 high timeframe support level. This region aligns closely with the Value Area Low, a technical level where markets frequently find demand. The strong defense of this zone provided the catalyst for…

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Filed under: News - @ March 4, 2026 5:26 pm