Ethereum Stalls Below $2,281 as Saturday Recovery Fades
Ethereum stalls below $2,281 after Saturday's rebound lost steam. ETH traded near $2,245 as sellers defended the $2,264 to $2,281 band. CoinMarketCap still shows price under short-term moving averages, so the bounce has not confirmed a trend shift. The next test is whether buyers can hold near $2,250. A reported whale stack also kept adding on dips.
Why Ethereum Stalls at Resistance Below $2,281
Immediate ceilings sit at about $2,263.73 and $2,281.12. Clearing that shelf would give the recovery more room. Until then, ETH remains below its short-term simple and exponential moving averages. That matches the soft tape of recent sessions.
Saturday prints clustered around $2,240 to $2,245. Pressure on technology stocks and employment-data worries weighed on risk appetite. Buyers stopped a deeper slide in the session. They still failed to reclaim nearby resistance.
Ethereum Holds Near $2,250 While Bitcoin Makes a Fresh Low
ETH's ability to linger near $2,250 drew analyst attention after Bitcoin posted a fresh low. That gap raised the question of relative strength even while the broader market stayed weak.
Crypto analyst Ted said Ethereum was still defending the $2,250 support region while Bitcoin printed a new low. He called that a constructive sign. He also said ETH still needs to clear overhead resistance before a broader recovery sticks.
Aiden flagged $2,205 to $2,172 as a key buyer defense zone. In his read, a move above $2,300 would be the first hint of better momentum. He also watches $2,409 as a higher level.
Ethereum Whale Accumulates About $30 Million on the Dip
Large spot buys also showed up during the soft patch. On-chain trackers said a major holder kept accumulating ETH.
One whale bought about 13,077 ETH, worth roughly $29.95 million, over the past week. The latest clip was 3,300 ETH valued at $7.41 million. Hupzy shared that on-chain print on X about two hours before the updates.
The pattern looks like stacked buys rather than one block order. That points to steady dip demand. It does not by itself break the $2,281 ceiling that still caps the tape.
What Levels Decide the Next ETH Move
Chart desks remain split on the next leg. Some still look for a temporary bounce before another decline. One technical desk called the post-midterm-election breakout a failure. It mapped a possible bounce toward $2,295 to $2,393.
That same desk flagged $2,206 as a downside line. A break there could open $2,069 to $1,832. A reclaim above $2,446 would be firmer evidence that ETH has carved a market low.
For now, Ethereum is stuck between nearby resistance and lower support after Saturday's rebound faded. With ETH around $2,245, the $2,263.73 to $2,281.12 band remains the key test. That range decides whether the next recovery attempt gains traction.
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