Ethereum is trading near a level that many traders are watching. After being rejected from resistance, the asset is holding just above support that aligns with key technical patterns. The price action around $2,700 is likely to guide the next move.<\/p>\n
ETH is trading at $2,870 at press time, with a 2% gain over the past 24 hours and a 6% drop over the week. The level around $2,700 is now in focus. According<\/a> to Bitcoinsensus, Ethereum is still inside a Wyckoff re-accumulation structure and has entered the \u201cLast Point of Support\u201d phase. Holding this level keeps the bullish structure intact.<\/p>\n \u201c$2,700 per $ETH is key to hold,\u201d they noted.<\/p>\n If the asset stabilizes above this zone, the structure may continue toward higher targets, possibly above $5,600. A break below would risk invalidating the setup and shifting the trend.<\/p>\n <\/a>Source: Bitcoinsensus\/X<\/p>\n Furthermore, Mister Crypto shared<\/a> a chart showing a bullish divergence on Ethereum. While the price has made lower lows, the RSI has formed higher lows. This setup often appears when sellers lose momentum.<\/p>\n \u201cBULLISH DIVERGENCE ON $ETH!<\/em>\u201d was posted along with the chart, which shows the divergence clearly marked. This signal does not confirm a reversal, but it often comes before trend changes when supported by other data.<\/p>\n The leading altcoin was stopped near the $2,950\u2013$3,000 resistance earlier. Ted said<\/a>, \u201c$ETH got rejected from the $2,950\u2013$3,000 resistance zone,<\/em>\u201d and noted the chance of a retest of the $2,800 support level. If broader markets recover, ETH could bounce from there.<\/p>\n Lennaert Snyder also pointed<\/a> to the rejection near $2,880.<\/p>\n \u201cThis means our short scenario got triggered,\u201d he wrote.<\/p>\n For new long positions, he\u2019s watching for a move near $2,680 or a sweep below $2,620. He added that \u201cthere\u2019s still a daily demand zone at ~$2,570<\/em>\u201d and is watching for the price to react there.<\/p>\n Some analysts say<\/a> Ethereum is now back at a level that defined the previous cycle. A drop to $2,800 has placed ETH in what some view<\/a> as an ideal buy zone. If the current structure holds, price targets around $9,000 are being discussed based on wave continuation patterns.<\/p>\n While retail wallets showed signs of selling, large holders added to positions. BitMine, led by Tom Lee, acquired 70,000 ETH last week, raising its holdings to 3% of the total supply. Its stock rose 20% as ETH prices recovered.<\/p>\n StrategicEthReserve reported that digital asset treasuries now hold 6.36 million ETH, equal to 5.26% of the total supply. This total now exceeds what is held in ETFs, pointing to continued accumulation despite the recent decline in price.<\/p>\n The post ETH at a Critical Crossroads: $2.7K Could Define the Whole Trend<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum is trading near a level that many traders are watching. After being rejected from resistance, the asset is holding just above support that aligns with key technical patterns. The price action around $2,700 is likely to guide the next move. Ethereum Holds Near Key Support Level ETH is trading at $2,870 at press time, […]<\/p>\n","protected":false},"author":0,"featured_media":115549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-115548","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\/115548"}],"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=115548"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/115548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/115549"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Rejection at Resistance Triggers Short Setups<\/h2>\n
Treasuries Accumulate ETH During Pullback<\/h2>\n
![<\/a>Source: Bitcoinsensus\/X<\/p>\nFurthermore, Mister Crypto shared<\/a> a chart showing a bullish divergence on Ethereum. While the price has made lower lows, the RSI has formed higher lows. This setup often appears when sellers lose momentum.<\/p>\n\u201cBULLISH DIVERGENCE ON $ETH!<\/em>\u201d was posted along with the chart, which shows the divergence clearly marked. This signal does not confirm a reversal, but it often comes before trend changes when supported by other data.<\/p>\nRejection at Resistance Triggers Short Setups<\/h2>\nThe leading altcoin was stopped near the $2,950\u2013$3,000 resistance earlier. Ted said<\/a>, \u201c$ETH got rejected from the $2,950\u2013$3,000 resistance zone,<\/em>\u201d and noted the chance of a retest of the $2,800 support level. If broader markets recover, ETH could bounce from there.<\/p>\nLennaert Snyder also pointed<\/a> to the rejection near $2,880.<\/p>\n\u201cThis means our short scenario got triggered,\u201d he wrote.<\/p>\nFor new long positions, he\u2019s watching for a move near $2,680 or a sweep below $2,620. He added that \u201cthere\u2019s still a daily demand zone at ~$2,570<\/em>\u201d and is watching for the price to react there.<\/p>\nSome analysts say<\/a> Ethereum is now back at a level that defined the previous cycle. A drop to $2,800 has placed ETH in what some view<\/a> as an ideal buy zone. If the current structure holds, price targets around $9,000 are being discussed based on wave continuation patterns.<\/p>\nTreasuries Accumulate ETH During Pullback<\/h2>\nWhile retail wallets showed signs of selling, large holders added to positions. BitMine, led by Tom Lee, acquired 70,000 ETH last week, raising its holdings to 3% of the total supply. Its stock rose 20% as ETH prices recovered.<\/p>\nStrategicEthReserve reported that digital asset treasuries now hold 6.36 million ETH, equal to 5.26% of the total supply. This total now exceeds what is held in ETFs, pointing to continued accumulation despite the recent decline in price.<\/p>\nThe post ETH at a Critical Crossroads: $2.7K Could Define the Whole Trend<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ethereum is trading near a level that many traders are watching. After being rejected from resistance, the asset is holding just above support that aligns with key technical patterns. The price action around $2,700 is likely to guide the next move. Ethereum Holds Near Key Support Level ETH is trading at $2,870 at press time, […]<\/p>\n","protected":false},"author":0,"featured_media":115549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-115548","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\/115548"}],"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=115548"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/115548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/115549"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6hqU-_X0AA9i-f.jpeg\"){kind=link}