Ether observed a keen sell-off that drove the price directly into the main demand zone near $2,150, which is currently the market’s last line of defense. Whether buyers step in here or hold the line could determine whether this move becomes a momentary burst of liquidity or the beginning of a deeper trend reversal.
ETH Loses Key Support as Near-Term Momentum Turns Bearish
Michael Van De Poppe excellent that Ethereum has slipped below a key support zone, signaling increased near-term pressure. On the lower time frames, the price action became clearly bearish. However, looking at the higher time frames, the broader structure remains intact and ETH is still within a larger uptrend.
He pointed out that Ethereum likely hit a cycle low in April 2025, suggesting that the current weakness may be corrective rather than the beginning of a sustained bear phase. At this stage, it appears that ETH is looking for a higher level of support in the time horizon that could provide a basis for a renewed move upwards.
Van de Poppe highlighted the 0.025-0.0265 BTC region as a key support zone for the ETH/BTC pair. Importantly, the recent correction has already reversed more than half of the move towards this level, increasing the likelihood that demand will approach this range.
On the plus side, he added that the rebound was above the level of 0.0325 BTC. While this is less likely in the near term, it would be a robust signal of a return to bullish momentum and a continuation of the broader uptrend. Despite the ongoing volatility, Van de Poppe is confident that Ethereum will significantly outperform Bitcoin over time. So it will continue to accumulate ETH at these levels.
The keen sell-off is pushing Ethereum to high demand near $2,150
In the newer one updateDami-DeFi pointed out that Ethereum failed to hold its rising support line near the $2,800 level, which it had previously identified as critical. This split was confirmed on the daily time frame, causing a keen sell-off that quickly pushed the price to the next major demand zone around $2,150.
If buyers manage to defend this level, the recent decline could be interpreted as a shift in liquidity followed by a market reset, rather than the beginning of a deeper downtrend. In this case, price action will likely enter a tentative consolidation phase, with ETH rebuilding structured between $2,150 and $2,700.
According to Dami-DeFi, a significant bullish move only happens if Ethereum can regain $2,700 and then gain approval above $2,850. Until these levels are regained and maintained, any attempt at growth is likely to be corrective in nature and the market will remain focused on whether demand can decisively return to current levels.
