Ethereum Price Prediction: ETH Consolidates After Extended Downtrend

Daily ETH price chart analysis

Key highlights:

  • Ethereum is trading close to a vital support level as growing pressure hits near $2,100.
  • ETFs and the rotation from Ethereum to Bitcoin are currently affecting price levels for ETH.
  • The ETH price is expected to rally back towards $2,500 despite these negative conditions.

Ethereum decreased by 0.59% from its previous price over the last 24 hours at the time of writing. In this case, the question that comes up from the situation is that of the lowering price of Ethereum due to the dominance of Bitcoin.

Spot Ethereum ETFs also show pressure. Net outflows reached $216 million last week, based on Farside Investors data, which means institutional capital has not been supporting ETH demand in the same way it has for Bitcoin. That gap is feeding into weaker price action for ETH.

Market structure and where ETH stands now

After having a look at the ETH chart, it can be said that there is an extended downtrend that developed following the peak in 2025 above $4,500. There have been a number of lower highs and lower lows since then.

Daily ETH price chart analysis

The current price is around the $2,100 level, which stands above the significant support region from $2,000 to $2,200. The zone serves as a critical buying region during previous declines. Moving down below, the next significant support will stand from $1,800 to $1,900.

Resistance, on the other hand, is expected to appear between $2,300 to $2,500, followed by $2,800 to $3,000 level, where the breakdown occurred previously. The SMA 100 is positioned at $2,156.27, and ETH is trading below it. That keeps short-term pressure on the downside. The broader moving average trend is still pointing lower, matching the ongoing corrective structure.

Ethereum Foundation supply pressure and ETH price impact

The ETH price narrative is also being shaped by what Vitalik Buterin recently confirmed about the Ethereum Foundation. 

The amount of tokens in the reserve accounts for only 0.16% of the total amount of ETH tokens available, estimated at about 193,000 ETH, equivalent to $404 million, which is comparatively minimal when contrasted with other blockchain foundations that hold from 10% to 50% of the supply.

It has also been reported by Vitalik that the impact of his decisions over Ethereum will diminish with time. From a market perspective, this matters because it also signals lower potential ETH selling pressure from the foundation itself going forward. 

With the Ethereum Foundation choosing a more conservative selling approach and focusing on long-term network priorities like censorship resistance, openness, privacy, and security, the supply-side concern from foundation activity becomes less of a short-term overhang on the ETH price.

Where could ETH go next?

The ETH price currently finds itself in a defensive zone, whereby $2,100 represents the crucial level that will either enable stabilization or allow the price to drop further. It may find some support due to oversold conditions in the short term but the overall structure continues to face some resistance.

A break above the $2,100 level would allow for a rebound towards the $2,125 level and possibly even $2,300, provided that the buyers show more aggressive participation. Breaking down from $2,100 levels, the ETH price would head towards the $2,000 region, which happens to be another significant area of demand.

According to CoinCodex’s 1-month Ethereum price prediction, the ETH price could move toward $2,511.69, which sits above the current level and points to a possible recovery phase if buying pressure strengthens.

Source:: Ethereum Price Prediction: ETH Consolidates After Extended Downtrend