Ethereum has returned to the lower end of its multi-month trading range after briefly testing the February lows. According to analysts, holding the price in the $1,700 to $1,800 region is critical to preventing a deeper retreat.
After the February bottoms, the critical zone is on the agenda again
Evaluating the market, Daan Crypto Trades stated that Ethereum fell below the lowest levels in February in the last decline, and then found support in the range of 1,730 and 1,750 dollars with the activation of purchases. This area also worked as support during the sales wave in February.
According to the analyst, the latest move indicates a frequently observed liquidity clearing outlook in the market. A brief decline in price below a well-known support level can trigger stop losses and lead to the closing of leveraged positions. The subsequent reaction purchase may allow the price to attempt a recovery.
Mini dictionary: Liquidity clearing is a technical expression used when the price exceeds significant support or resistance levels for a short time, executes orders and then changes direction. FVG, on the other hand, describes the price gap on the chart where transactions occur infrequently, and some investors monitor these areas as possible support or resistance zones.
Analyst Daan Crypto Trades stated that the current range bottom is a critical level for market participants who maintain their bullish expectations, and if this region is maintained, Ethereum can remain within the broad band that has existed since February.
There is also a strong resistance area emerging above the chart between $2,340 and $2,380. Ethereum failed to settle above this zone in April and May, and subsequent selling pressure accelerated the decline. The increase in trading volume during the recent downturn also indicated that the test of support occurred with more intense market activity.
Below $1,700 may create a new risk area
In another market assessment, Team LAMBO said that Ethereum has reached its initial downward target around $1,750, but the reaction there has not yet confirmed a clear trend reversal. According to the analyst, the range between 1,700 and 1,800 dollars will be decisive in determining direction in the short term.
It is stated that more than one technical element overlaps in this region. The 0.882 Fibonacci retracement level is located around $1,803, while the weekly FVG area is around $1,700. For this reason, the band in question is monitored as a combination area where receivers can re-engage.
| Level | Technical meaning |
|---|---|
| $1,700 to $1,800 | Main support zone |
| over $1,900 | Sign of recovery in outlook |
| Below $1,700 | Strengthening downward pressure |
| $1,600 | Next important weekly support area |
Team LAMBO also highlighted that Ethereum has been trading within a downward sloping long-term channel since late 2025. The last recovery attempts towards the upper limit of the channel were rejected, resulting in the final decline.
Team LAMBO stated that it remained neutral in the short term, a weekly close above $ 1,900 could strengthen the outlook, and if it falls below $ 1,700, the weekly zone at $ 1,600 may come to the agenda.
According to the common assessment of analysts, if the current support in Ethereum is maintained, the price may continue to seek balance within the wider trading band. On the other hand, a permanent break below the February lows could lead to a weakening in the market structure and a deepening of the selling pressure.
