\u201cETH decision time here,\u201d said analyst \u201cDaan Crypto Trades\u201d on Monday in reference to a critical price zone that needs to be defended.<\/p>\n
Ether is trading above a significant $2,800 level, which has acted as a strong support and resistance throughout this entire cycle, he observed.<\/p>\n
\u201cPrice is finding some sort of support for the time being, but it is essential for the bulls to defend this area.\u201d<\/p>\n
Earlier this year, this price level served as resistance before the asset finally broke out in July. In 2024, it served as support during the Ether rally.<\/p>\n
A break below this level could see ETH prices crash to the next major support zone, which is around $2,170. Resistance currently lies just above $3,400, making it the next target for the bulls.<\/p>\n
$ETH<\/a> Decision time here!<\/p>\n Ethereum is trading back at its big $2.8K level which has acted as a strong support & resistance throughout this entire cycle.<\/p>\n Price is finding some sort of support for the time being, but it is essential for the bulls to defend this area. https:\/\/t.co\/zCjnGTaOzl<\/a> pic.twitter.com\/BJ5PXNzCn9<\/a><\/p>\n \u2014 Daan Crypto Trades (@DaanCrypto) November 24, 2025<\/a><\/p>\n\n Ether has begun a recovery from its Friday dip below $2,700, tapping $2,980 in late trading on Monday, but it failed to top the psychological $3,000 barrier.\u00a0The asset was trading at $2,930 at the time of writing, down 40% from its all-time high three months ago.<\/p>\n \u201cETH is extremely undervalued at $2,900,\u201d opined<\/a> analyst \u201cBorovik,\u201d and added:\u00a0\u201cETH is about to get exponentially cheaper, faster, and will scale faster than ever before. 2026 will be a MASSIVE year for Ethereum.\u201d<\/p>\n Meanwhile, spot Ether ETFs have seen a reversal in flows following an eight consecutive trading day outflow streak. BlackRock\u2019s ETHA fund scooped up $88 million worth of the asset on Monday, making the aggregate flow positive again.<\/p>\n Ethereum digital asset treasuries are also continuing<\/a> to accumulate and didn\u2019t panic sell like the weak-handed retail traders.\u00a0Tom Lee\u2019s BitMine scooped around 70,000 ETH during last week\u2019s market rout, bringing its treasury to a milestone 3% of the total supply. Its stock also surged nearly 20% on Monday as the asset started to recover.<\/p>\n Ether DATs now hold more of the asset than ETFs, with 6.36 million ETH or 5.26% of the total supply, according<\/a> to StrategicEthReserve.<\/p>\n The post Ethereum Hovers at Make-or-Break Price Level That Defined Entire Cycle<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" \u201cETH decision time here,\u201d said analyst \u201cDaan Crypto Trades\u201d on Monday in reference to a critical price zone that needs to be defended. Ether is trading above a significant $2,800 level, which has acted as a strong support and resistance throughout this entire cycle, he observed. \u201cPrice is finding some sort of support for the […]<\/p>\n","protected":false},"author":0,"featured_media":115482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-115481","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\/115481"}],"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=115481"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/115481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/115482"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ether DATs Hodl On<\/h2>\n