Sub-$2K ETH Price Levels Emerge As Key Long-Term Demand Zones
The post Sub-$2K ETH Price Levels Emerge As Key Long-Term Demand Zones appeared on BitcoinEthereumNews.com.
Ether (ETH) struggled to hold above $2,000 on Tuesday, as analysts noted that its 31% year-to-date decline in 2026 mirrors price fractals seen in previous market cycles. Key takeaways: ETH’s recent dip to $1,736 may mark only the first of many lows in a larger consolidation phase. Onchain cost-basis data clusters from $1,300 to $2,000, reinforcing this range as a potential demand zone. ETH fractal hints at a longer base-building phase A long-term fractal comparison between the 2021-2022 and 2024-2025 cycles suggests that Ether’s sharp sell-off mirrors a pattern in which an initial bottom is formed before the price revisits lower levels due to further market weakness. On the weekly chart, ETH’s drop toward the $1,730 region resembles its “first low,” rather than a definitive market floor. Ether fractal analysis on the weekly chart. Source: Cointelegraph/TradingView In 2021, ETH spent 12 months consolidating around the first low ($1,730) and a lower support band ($885), allowing leverage to reset while spot demand rebuilt. Applying this framework, ETH may continue ranging from about $1,300 to $2,000, with downside tests toward the $1,500–$1,600 zone possible before a sustained base is formed. Onchain cost basis data cites $1,300–$2,000 as a demand zone Ether’s UTXO realized price distribution (URPD) data underlines the chances of an extended consolidation. Large supply clusters remain above current prices, with $2,822 accounting for 5.86% of the ETH supply and $3,119 holding 6.15%, forming heavy overhead resistance. Below current spot prices, notable clusters appear at $1,881 (1.58 million ETH) and $1,237, suggesting potential demand zones if the price continues to retrace. Ether UTXO URPD distribution. Source: Glassnode Structurally, $1,237 stands out as a potential cycle floor, followed by intermediate support near $1,584 and stronger acceptance around $1,881, where the realized supply concentration increases. Derivatives data aligns with this view. The liquidation…
Filed under: News - @ February 11, 2026 3:33 pm