Ethereum has rebounded after touching $2,880, a level marked by earlier inefficiencies. Analysts say the downside has now been cleaned up, and the chart structure appears reset.<\/p>\n
Both technical and on-chain data are showing conditions that traders are watching for signs of the next move.<\/p>\n
Crypto Patel noted<\/a> that Ethereum filled the Fair Value Gap near $2,880 and held the level. With no bearish gaps left on the chart, the current structure now looks more stable. The asset has moved back above key short-term zones, opening the way for another leg higher.<\/p>\n Notably, two support levels have been identified at $2,622 and $2,256. These match major Fibonacci retracement zones and are viewed as possible areas for accumulation. Patel says any retest of these levels could set up a strong long opportunity, especially for those targeting prices in the $10,000 to $15,000 range.<\/p>\n <\/a>Source: Crypto Patel\/X<\/p>\n At the time of writing, Ethereum is trading at around $3,000, showing a minor daily decline. Resistance zones are placed at $3,048, followed by $4,058 and $4,960.<\/p>\n A longer-term pattern on the 3-day chart suggests a possible ascending inverse head-and-shoulders, as tracked by Trader Tardigrade. The neckline has a slight upward slope and sits just above the current price.\u00a0If the neckline breaks, the estimated move based on the pattern\u2019s depth puts the target near $17,000.<\/p>\n $ETH<\/a>\/3-days#Ethereum<\/a> price chart indicating a potential Ascending Inverse Head and Shoulders pattern. \u2014 Trader Tardigrade (@TATrader_Alan) November 19, 2025<\/a><\/p>\n\n Elsewhere, Daan Crypto Trades is watching<\/a> broader levels at $2,800 and $4,100. These areas have been tested multiple times over the past two years. In the shorter term, he flags $3,350 as a level that may act as support or resistance depending on market reaction.<\/p>\n Experts have also\u00a0noted<\/a> that current price action, combined with high leverage, leaves the market exposed to sharp moves.<\/span><\/p>\n According<\/a> to CryptosRus, Ethereum recently touched $2,870, which lines up with the realized cost basis for both retail traders and large holders. This area has been a cycle low in the past. Whale addresses holding over 10,000 ETH are reportedly adding to positions, while smaller wallets are reducing<\/a> exposure.<\/p>\n \u201cRetail is selling\u2026 and whales holding 10k+ ETH are loading up,\u201d they posted.<\/p>\n Liquidation data also confirms the shift. Longs are no longer being flushed out at each dip, while shorts are increasing.<\/p>\n CryptoWZRD noted<\/a> that ETH closed its recent daily candle with a long downside wick, a signal that buyers may have stepped in late in the session. Their focus is now on ETH\/BTC strength and short-term moves around the $3,130 level. Holding above this zone would favor continuation. A failure to hold could lead to sideways price action.<\/p>\n They also pointed to upcoming US labor data as a potential trigger for volatility, especially through its effect on Bitcoin. Until then, traders appear to be watching key levels and preparing for the next major move.<\/p>\n Meanwhile, Ethereum appears<\/a> to be entering a bottoming phase, with multiple indicators pointing<\/a> to a gradual build-up of liquidity around key levels.<\/p>\n The post Ethereum (ETH) Ready for Liftoff After Perfect $2,880 Bounce<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum has rebounded after touching $2,880, a level marked by earlier inefficiencies. Analysts say the downside has now been cleaned up, and the chart structure appears reset. Both technical and on-chain data are showing conditions that traders are watching for signs of the next move. Gap Filled, Price Structure Reset Crypto Patel noted that Ethereum […]<\/p>\n","protected":false},"author":0,"featured_media":114460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-114459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114459"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114459"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/114460"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Chart Pattern Points to $17K Potential<\/h2>\n
\nCurrently, it\u2019s at the tip of the right shoulder. If this pattern unfolds, the target will be $17,000. pic.twitter.com\/I1aw5aApwE<\/a><\/p>\nOn-Chain Support Matches Historical Lows<\/h2>\n
Key Data Ahead<\/h2>\n
![<\/a>Source: Crypto Patel\/X<\/p>\nAt the time of writing, Ethereum is trading at around $3,000, showing a minor daily decline. Resistance zones are placed at $3,048, followed by $4,058 and $4,960.<\/p>\nChart Pattern Points to $17K Potential<\/h2>\nA longer-term pattern on the 3-day chart suggests a possible ascending inverse head-and-shoulders, as tracked by Trader Tardigrade. The neckline has a slight upward slope and sits just above the current price.\u00a0If the neckline breaks, the estimated move based on the pattern\u2019s depth puts the target near $17,000.<\/p>\n$ETH<\/a>\/3-days#Ethereum<\/a> price chart indicating a potential Ascending Inverse Head and Shoulders pattern.\nCurrently, it\u2019s at the tip of the right shoulder. If this pattern unfolds, the target will be $17,000. pic.twitter.com\/I1aw5aApwE<\/a><\/p>\n\u2014 Trader Tardigrade (@TATrader_Alan) November 19, 2025<\/a><\/p>\n\nElsewhere, Daan Crypto Trades is watching<\/a> broader levels at $2,800 and $4,100. These areas have been tested multiple times over the past two years. In the shorter term, he flags $3,350 as a level that may act as support or resistance depending on market reaction.<\/p>\nExperts have also\u00a0noted<\/a> that current price action, combined with high leverage, leaves the market exposed to sharp moves.<\/span><\/p>\nOn-Chain Support Matches Historical Lows<\/h2>\nAccording<\/a> to CryptosRus, Ethereum recently touched $2,870, which lines up with the realized cost basis for both retail traders and large holders. This area has been a cycle low in the past. Whale addresses holding over 10,000 ETH are reportedly adding to positions, while smaller wallets are reducing<\/a> exposure.<\/p>\n\u201cRetail is selling\u2026 and whales holding 10k+ ETH are loading up,\u201d they posted.<\/p>\nLiquidation data also confirms the shift. Longs are no longer being flushed out at each dip, while shorts are increasing.<\/p>\nKey Data Ahead<\/h2>\nCryptoWZRD noted<\/a> that ETH closed its recent daily candle with a long downside wick, a signal that buyers may have stepped in late in the session. Their focus is now on ETH\/BTC strength and short-term moves around the $3,130 level. Holding above this zone would favor continuation. A failure to hold could lead to sideways price action.<\/p>\nThey also pointed to upcoming US labor data as a potential trigger for volatility, especially through its effect on Bitcoin. Until then, traders appear to be watching key levels and preparing for the next major move.<\/p>\nMeanwhile, Ethereum appears<\/a> to be entering a bottoming phase, with multiple indicators pointing<\/a> to a gradual build-up of liquidity around key levels.<\/p>\nThe post Ethereum (ETH) Ready for Liftoff After Perfect $2,880 Bounce<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ethereum has rebounded after touching $2,880, a level marked by earlier inefficiencies. Analysts say the downside has now been cleaned up, and the chart structure appears reset. Both technical and on-chain data are showing conditions that traders are watching for signs of the next move. Gap Filled, Price Structure Reset Crypto Patel noted that Ethereum […]<\/p>\n","protected":false},"author":0,"featured_media":114460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-114459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114459"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114459"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/114460"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6K1BKragAAheNS.jpeg\"){kind=link}