Ethereum is trading between a major long-term support zone and a heavy whale sell wall near $2,500. Analysts are watching whether ETH can keep climbing toward resistance or fall back toward the $1,070 “buy zone.”
Ethereum's 'Dream Buy Zone'? Analyst Says ETH at $1,070 Could Be the Opportunity of the Cycle
Ethereum could be nearing a major support zone that has historically attracted buyers during previous market downturns.
According to analyst Ali Charts, the ETH weekly chart highlights a multi-year trading structure with several key horizontal levels. The analysis 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.
ETH Weekly Chart. Source: Ali Charts (@alicharts)
The chart 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, placing focus on whether the lower support zone could be tested again.
According to the analysis, the $1,069 area has historically acted as a strong floor where downside momentum eventually stabilized. A revisit of this level could offer investors a favorable risk-reward setup if the broader market structure remains intact.
However, the bullish scenario remains conditional. 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.
For now, traders are watching whether Ethereum stabilizes above current levels or extends its correction toward the long-term support zone that Ali Charts considers one of the best buying opportunities on the chart.
Ethereum Whales Build a $2,500 Sell Wall as ETH Breakout Faces Major Test
Ethereum could face significant resistance higher up the chart as whale order data points to a large sell wall near the $2,500 level.
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.
ETH Whale Order Flow Chart. Source: CW (@CW8900)
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. However, the concentration of whale supply around $2,500 could create a significant resistance zone if buyers attempt to extend the rally.
A move toward that level would require Ethereum to clear intermediate resistance areas while maintaining momentum. If demand remains strong enough to absorb the sell wall, it could signal growing bullish conviction among market participants.
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.
For now, traders are watching whether Ethereum's latest strength can continue toward the $2,500 whale resistance zone, or whether sellers regain control before that test materializes.
