Ethereum Price Outlook: ETH Needs to Regain $2,150–$2,800 Levels to Signal Bullish Reversal

Ethereum is trading in a pronounced downtrend near the $1,800 area, close to a key demand zone between $1,850 and $1,700 where buyers have repeatedly stepped in. On higher timeframes, ETH remains capped by a descending channel and the 100-day and 200-day moving averages, with resistance at $2,150, $2,400 and $2,800 still unbroken. A recovery would require holding support around $1,850 and reclaiming these resistance levels, while a failure could open the way toward $1,600 and $1,400. On-chain data shows total ETH staked climbing even as price falls, hinting at longer-term investor conviction but not ruling out further downside in the short term.