Ethereum has been fighting below 2800 USD for many days, and the sentiments around the second largest cryptocurrency in the world are becoming more and more negative. The persistent pressure for sale meant that investors and analysts were worried about Ethereum’s ability to resolve recovery, and many began to lose hope for a rally.

Mood bears intensified because ETH still achieves worse results compared to bitcoins and other main assets, causing frustration among market participants who expected a stronger beginning of the year.

Despite these negative perspectives, there are reasons for optimism. The best analyst Jelle shared a technical analysis revealing that Ethereum is still trading in a long -term growing triangle, a stubborn chart pattern that can signal a significant higher movement. This pattern suggests that Ethereum can simply consolidate before a potential breakthrough at higher prices. Historical patterns have shown that the growing triangles often lead to explosive price movements when key resistance levels are violated.

Because ETH trades near critical levels of support, the coming days will be of key importance to establishing its low -term direction. Investors carefully observe whether this stubborn pattern contains and whether Ethereum can recover the shoot, potentially causing recovery that could restore trust in the market.

Ethereum is preparing for a decisive movement

Ethereum seems to be preparing for a decisive movement because he tries to regain the rush in a complex market environment. Investors are becoming more and more frustrated with the flawless Ethereum action, and the optimism of the rally disappears.

Compared to Bitcoins and other Altcoins, such as Solana, Ethereum achieved worse results, leaving bulls with little control over the price. Continuous sales pressure suppressed hopes for recovery, leading many to the question of whether Ethereum can regain the basis.

However, not all hope is lost. The best analyst Jelle recently divided Technical analysis on xindicating that Ethereum is still trading in a long-term growing-growing-up pattern, which historically precedes explosive movements.

According to Jelle, the price of Ethereum falsified on both sides of this structure, behavior, which often suggests that the next move will be a real opportunity. This technical configuration indicates that Ethereum is building energy for a significant breakthrough or failure.

Jelle also emphasizes the 4000 USD rating as a critical supply zone. Ethereum tested this level three times without success, but he thinks that the fourth attempt can eventually break through. If Ethereum manages to neat this key resistance, it would mean a turning point and potentially lights up the rally in the discovery of prices, restoring trust among investors.

Price analysis: key levels for storage

Ethereum currently has USD 2,250 after a few days of selling pressure and market uncertainty. The price has fought to recover USD 2800 from the last Wednesday, reflecting the bear’s sentiment, which dominated the price campaign from the end of December. Bulls are facing growing challenges, because the rush remains on the side of the bear, and the trust of investors still weakens.

To reverse the ongoing downward trend, bulls must be $ 2600 as forceful support. This price has been in the past as a key demand zone and can form a basis for recovery. However, the mere maintenance of this level is not enough – Epereum must also recover the 2800 USD mark, and more importantly, exceed 3000 USD to signal a change in market moods.

If the Ethereum can hold above 2,200 USD and successfully recover both USD 2800 and USD 3000, this may cause a push to higher supply zones. Such a movement would provide a momentum needed for bulls to regain control and potentially bring ETH towards stronger levels of resistance. However, the lack of maintenance of $ 2,600 can open the door to a further decline, with the next critical support levels much lower.

Recommended photo from Dall-E, Tradingview chart