- Ethereum reclaims support as demand and buying pressure increase across retail and whale wallets.
- Exchange outflows rise, signaling accumulation and strong interest in long positions.
- A breakout to $1,810 is likely if bullish momentum continues above $1,758 resistance.
Ethereum — ETH, seems to be warming up for a breakout. After bouncing back from the recent market dip, the price now sits around $1,610—up 2.36% in a single day. That might not seem huge at first glance, but the signs behind the scenes are pointing toward a bigger move. Bulls are stepping in. Whales are getting quiet. And buyers across the board appear to be positioning for a strong rally.
Buyers Are Gaining Ground Fast
Ethereum recently reclaimed a key support level at $1,574. According to popular crypto analyst Ali Martinez, that bounce could be the first step toward a push to $1,810. But this potential move isn’t based on speculation alone—on-chain data backs up the hype. Exchange Netflow flipped negative after two days of steady inflows. That means more tokens are leaving exchanges than entering them.
When that happens, it means traders are buying and holding, not preparing to sell. The order books also show a clear trend. More buy orders are being filled than sell orders. That signals growing demand. Buyers are becoming more aggressive, and sellers are backing off. One of the most telling signs comes from Ethereum’s biggest holders. Wallets holding large amounts have slowed down exchange activity.
The netflow-to-exchange ratio for these whales dropped from 23.9% to just 2.92%. That’s a major shift. It shows that the big players are likely accumulating. The futures market is also flashing green. The Aggregated Funding Rate has turned positive, suggesting that traders are loading up on long positions. In short, the market is betting on a climb rather than a crash.
The $1,810 Question: Breakout or Breakdown?
The price of ETH now hovers just beneath resistance at $1,758. If demand keeps rising, there’s a good chance the rally could break through and head straight for $1,810. That would mark a major win for bulls and potentially open the door for even bigger gains. But this climb isn’t guaranteed.
If the bullish momentum fades, Ethereum could pull back. A drop toward the $1,465 level remains on the table. That area serves as the next major support, and a retreat there would cool off the rally—at least for a while. Right now, the energy around Ethereum feels intense. Whales are accumulating, retail traders are joining the ride, and bullish sentiment is spreading fast.
Everything seems to be lining up for a breakout. For now, traders are waiting to see whether buyers will push Ethereum past $1,810 or the momentum will run out before that level gets tested. Eyes are locked on the charts, and every move counts.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed