Ether Traders Expect ETH to Hold Above $1,800
Ether (ETH) is the native asset of the Ethereum blockchain, and traders view $1,800 as a key support level. An onchain profitability indicator has fallen to historically low levels, suggesting that much of the short-term selling pressure may have been exhausted. If the price holds, the market would have more reason to conclude that the current correction is nearing a bottom.
The latest onchain data shows stronger buying support for ETH around $1,800, while the spent output profit ratio (SOPR) indicates that investors have recently sold at a loss amid panic. Similar periods of concentrated loss realization have often preceded price reversals, leading traders to expect ETH to hold $1,800 in the short term and build momentum for a rebound.
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The history behind this eventEther’s Push Above $2,000 Stalls, Putting Key $1,800 Support to the Test
On March 3, 2026, Ether again faced selling pressure after rebounding above $2,000. The $1,800–$1,900 range emerged as the dividing line between bulls and bears because it was near the lower boundary of a daily symmetrical triangle. Glassnode data showed that about 1.23 million ETH had been purchased at an average price of $1,890 over the previous 30 days. CoinGlass estimated that $624 million in long positions was exposed to liquidation above $1,800, raising the risk of steeper losses if that level failed.
By May 29, 2026, Ether had fallen 7% over three days and slipped below $2,000. CryptoQuant put the leverage ratio at about 0.74 and the RSI at 31, while Binance’s cumulative net taker volume fell to negative $744 million, its lowest since April 6. US spot Ethereum ETFs recorded $695 million in net outflows over 13 consecutive days. If the $1,800–$1,750 range fails, the next target zone is $1,550–$1,400.
Standard Chartered Backs Ether at $4,000 as Retail Buyers Flood In Below $2,000
Ether is the native asset of the Ethereum network. Its price reflects not only broader crypto market sentiment but also demand for onchain transactions, stablecoins and asset tokenization. Standard Chartered believes these fundamentals are not yet fully reflected in the token's price and has maintained its long-term bullish outlook, though derivatives positioning points to elevated near-term risk.
Standard Chartered recently reiterated its Ether price targets of $4,000 by the end of 2026 and potentially $40,000 by 2030. Retail inflows accelerated after the price fell below $2,000. However, short positions in futures rose to an all-time high, showing that investors are still betting on further declines and that a price floor has yet to be confirmed.
Ethereum Rally Stalls at $2,400 as Indicators Point to Growing Downside Pressure
Ethereum is one of the largest smart-contract and DeFi ecosystems, and the price of ETH influences both on-chain capital flows and institutional risk appetite. Since April 14, 2026, ETH has largely traded between $2,250 and $2,400. The $2,400 level has rejected rallies five times within a month, making it a key dividing line between bulls and bears.
On May 8, ETH fell more than 5.6% to $2,275 after another rejection at $2,400. Nansen reported that transaction volume fell 10% to 4.79 million, while active addresses declined 8% to 2.5 million. The Coinbase Premium has been negative since April 27, and U.S. spot ETFs recorded net outflows of $103 million on May 7. The chart pattern points to a potential decline toward $1,830.
ETH Technical Analysis Points to Possible Rebound to $3,000 in May
Ether (ETH) fell sharply from its early-2025 high, at one point leaving investors broadly underwater. Glassnode on-chain data, however, showed that most holders returned to profit as the price moved back above their cost basis. Technical analysts have also identified a bull flag pattern, putting $3,000 back in focus as a market target.
After Ethereum completed its Pectra upgrade on May 7, 2025, ETH quickly broke above $2,000 before pulling back from a recent high. Analysts said that if the price decisively breaks above and holds the $2,350 resistance level, the bull flag could remain intact and point to a technical target as high as $3,000 by the end of May.
Ethereum Price Hovers Around $2,000 as Analysts Watch $2,200 Support
Ether (ETH), the Ethereum network's native asset, often reflects onchain activity and risk appetite in the broader crypto market. Citing TradingView on April 28, Cointelegraph reported that ETH had fallen below $2,300 and was trading between its 100-day exponential moving average of $2,350 and its 100-day simple moving average of $2,220. The $2,200 level was seen as crucial support for bulls seeking to avert a deeper correction.
A May 18 report showed ETH had fallen 12% from its May 6 peak of $2,420, touching a low of $2,090 on May 17. CryptoQuant said hourly taker sell volume on Binance had exceeded $1.1 billion, while U.S. spot Ether ETFs recorded $255 million in net outflows over five days. About 3.85 million ETH had a cost basis between $2,000 and $2,100, and a break below $2,000 could send the price toward $1,700.
Ether Onchain Data Point to $2,800 Test as Glassnode Identifies Key Support Zone
Ether has recently rebounded from the $2,000 range, shifting the market’s focus to $2,800. Glassnode’s cost-basis distribution shows that more than 3 million ETH previously accumulated around that level. The concentration could draw prices higher, but selling by holders seeking to break even could also create resistance. The 200-day moving average is also nearby, making the area a crucial test of whether the rally can continue.
A March 13, 2026, report said Ether had touched a monthly high of $2,209. By March 16, the cryptocurrency had broken above a $2,100 trendline and risen 9.8% in a day to a six-week high of $2,287. Futures open interest initially climbed 21% to $10.9 billion, then fell about 6% after Ether tested $2,200, indicating that traders had become more cautious.
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