Is Ethereum at a market bottom right now?
Ethereum is showing signs of stabilization at major support, but confirmation requires breaking and holding above key resistance levels.
Why is the $1,700–$1,900 zone important?
This range has served as a strong demand area, with buyers recently stepping in, triggering a notable bounce.
How does BlackRock impact Ethereum’s price?
Accumulation tied to staking-related ETF products may increase institutional demand and reduce available supply on exchanges.
What happens if support fails?
If $1,700 breaks, the next support could appear near $1,600, with deeper historical demand between $1,100 and $1,200.
What should traders watch next?
Market participants are closely monitoring resistance between $2,100 and $2,300 along with overall macro and crypto market sentiment.