Ethereum is trading between a long-term support zone near $1,070 and a resistance level around $2,500 where whale sell orders are concentrated. Analyst Ali Charts identifies the $1,070 region as a historical support area that has stabilized downside momentum in previous cycles, while analyst CW reports substantial sell-side liquidity positioned near $2,500 based on whale order flow data. The analysis occurs as ETH trades near $1,672-$1,723 after breaking below the $2,282 intermediate level, placing focus on whether the asset will test lower support or attempt to clear upper resistance.
Ali Charts Identifies $1,070 as Historical Support Zone
According to analyst Ali Charts, the ETH weekly chart highlights a multi-year trading structure with several key horizontal levels. The analysis identifies four major levels that have repeatedly influenced Ethereum's price action: resistance near $4,868, intermediate levels around $3,335 and $2,282, and long-term support near $1,069.
Ethereum is currently trading close to $1,672 after breaking below the $2,282 level. According to the analysis, the $1,069 area has historically acted as a strong floor where downside momentum eventually stabilized. The chart suggests that if Ethereum revisits the $1,070 region, it could present one of the most attractive long-term accumulation opportunities within the broader cycle.
The analysis notes there is no guarantee Ethereum will decline to $1,070, nor that the level would automatically trigger a reversal. Broader market sentiment and macroeconomic conditions could still influence price behavior.
CW Reports Whale Sell Wall Near $2,500
According to analyst CW, the latest whale activity chart shows substantial sell-side liquidity concentrated around $2,500, suggesting large holders may be preparing to distribute positions if ETH approaches that area. The chart shows Ethereum trading near $1,723 after a sharp upward move from the recent range.
Several whale transactions appear throughout the consolidation period, but the most notable feature is the prominent red line positioned near $2,500, representing a major cluster of potential sell orders. According to the analysis, the absence of heavy selling pressure near current levels has allowed Ethereum to stabilize and push higher.
The concentration of whale supply around $2,500 could create a significant resistance zone if buyers attempt to extend the rally. However, whale order data reflects current market positioning rather than certainty. Large holders can adjust or remove orders at any time, and broader market conditions will continue influencing Ethereum's direction.
FAQ
What price levels are analysts watching for Ethereum?
Analysts are monitoring two key levels: a long-term support zone near $1,070 identified by Ali Charts as a historical floor where downside momentum has stabilized, and a resistance area around $2,500 where analyst CW reports substantial whale sell-side liquidity is concentrated.
What does the whale order flow data show for ETH?
According to analyst CW, the whale activity chart shows a major cluster of potential sell orders positioned near $2,500, represented by a prominent red line on the chart. This concentration of whale supply could create significant resistance if Ethereum attempts to move toward that level.
Where is Ethereum currently trading according to the analysis?
Ethereum is trading near $1,672-$1,723 after breaking below the $2,282 intermediate level. The asset is positioned between the $1,070 support zone and the $2,500 resistance area where whale sell orders are concentrated.
