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Ethereum remains resilient above a key support level, while the reserve chart shows more stablecoin liquidity returning to the platform. Both charts together indicate a market still facing initial resistance, but with growing capital that could have an impact later on.
Ethereum maintains its stability above $2000, with levels of $2100 to $2150 still forming a major resistance.
The price of Ethereum stabilized just above $2000 on the daily chart, holding an important support zone for now. The chart shared by Ted shows Ethereum trading near $2066, while the price moved between a nearby resistance level above and a lower support level below. This market has reached a critical point, with traders watching to see if buyers can push the price past the next ceiling.