Ethereum Holds Steady Amid Whale Activity and Pullbacks
Key Takeaways
- Ethereum (ETH) is currently trading within a narrow range between USD 2,450 and USD 2,570.
- Technical indicators suggest short-term trading opportunities, especially during pullbacks below USD 2,500.
- Liquidity zones and liquidation levels are having a strong impact on price movements.
- Large investors (“whales”) are becoming active again – possibly signalling a trend reversal.
Ethereum Remains Trapped in a Tight Range
Ethereum is currently showing little clear direction. After dipping below USD 2,550 over the weekend, ETH retested this area – this time as resistance. The price then dropped to USD 2,475 before climbing back above USD 2,500. This behaviour suggests a continued sideways trend.
Liquidity Zones Drive the Market
According to technical analysts, the current trading range lies between USD 2,450 and USD 2,570. These zones are considered highly liquid – areas where many stop-loss and liquidation orders are placed. Such areas act like magnets for price action, as large market participants deliberately target these zones to tap into liquidity.
Price Action Analysis
A look at the price development over the past ten days shows that ETH briefly climbed above USD 2,745 before quickly pulling back. This move was most likely driven by the triggering of liquidations. The subsequent drop below USD 2,480 was followed by a rapid rebound to USD 2,565 – a classic example of a “liquidity grab” strategy.
Whales Are Returning
Data suggests that large wallets are becoming active again. While selling volumes have recently dominated, there have also been short-term net outflows from exchanges – a sign that some investors are withdrawing ETH from trading platforms. This could be an early indication of a potential bottom formation.
Short-Term Outlook
The Coinglass heatmap shows liquidity clusters at USD 2,450 and USD 2,570. A renewed drop to USD 2,450 could present a buying opportunity, especially for traders speculating on a move toward USD 2,800. However, as long as ETH fails to break sustainably above USD 2,570, the short-term outlook remains neutral.
Our Assessment
For short-term oriented traders, Ethereum currently offers interesting opportunities. The narrow range between USD 2,450 and USD 2,570 is well-suited for range-trading strategies. Those trading cryptocurrencies should closely monitor liquidity zones and the behaviour of large market participants. A breakout from the current range – in either direction – could trigger the next major move. Over the long term, ETH remains influenced by macroeconomic factors and overall market sentiment in the crypto sector.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot GamesReading time: ~ 2 minutes
-
Africa Slots: Best African-Themed Slot Machines
Reading time: ~ 2 minutes
-
Gold Slots – Best Slot Machines With a Gold Theme
Reading time: ~ 2 minutes
-
Low Wagering Casino Bonuses 2025
Reading time: ~ 2 minutes
-
Food and Drink Slots: The Best Slot Games Inspired by Culinary Delights
Reading time: ~ 2 minutes
Sources
- RektProof (X)
- Coinglass
| Symbol | ETH |
| Coin type | Alt Coin |
| Transaction Speed | Medium |
| Pros |
|
| Cons |
|
| Further practical applications |
Advertising transparency