Ethereum (ETH) Price Prediction: Liquidity Sweep Setup and MVRV Bands Hint at Possible Market Bottom
The post Ethereum (ETH) Price Prediction: Liquidity Sweep Setup and MVRV Bands Hint at Possible Market Bottom appeared on BitcoinEthereumNews.com.
Ethereum (ETH) trades near key $1,950 support as liquidity sweep signals and MVRV bands suggest the market may be approaching a potential cycle bottom. Ethereum is entering a technically significant phase as price consolidates near the $1,950 region, a level that analysts are closely watching for either a deeper breakdown or a potential liquidity-driven rebound. Market participants are weighing mixed signals from price action, technical structure, and on-chain indicators to determine whether ETH is approaching a medium-term bottom. Ethereum price currently trades near the $1,960–$1,980 range, reflecting short-term consolidation after a recent corrective move. According to Brave New Coin market data, ETH remains under pressure but is holding above a key support region where several indicators suggest the market may be nearing a pivotal point. Ethereum (ETH) was trading at around $1,974, down 0.35% in the last 24 hours at press time. Source: Ethereum price via Brave New Coin Ethereum Establishing Possible Reversal Structure Market observer Always Win highlighted that Ethereum is currently trading inside a descending channel, with price consolidating near a key horizontal support around the $1,960–$1,980 region. The chart suggests ETH could briefly dip below this support to perform a liquidity sweep, potentially testing the $1,900–$1,920 zone, where stop-loss liquidity may be clustered. Ethereum liquidity sweep setup suggests potential downside probe before rebound. Source: Always Win via X If buyers step in after such a sweep and price reclaims the support area, Ethereum could attempt a recovery towards the $2,020–$2,050 resistance region, followed by a possible move towards the $2,100–$2,200 area near the upper boundary of the descending channel. However, failure to hold support could extend the correction towards the $1,850 demand zone, which remains a key downside level. Short-Term ETH Price Outlook Remains Mixed Another market update from Crypto Tony shows Ethereum trading inside a clear…
Filed under: News - @ March 8, 2026 6:05 pm