Ethereum

Ethereum has moved into a bearish phase after losing the $2,020 level and sliding below $2,000, with the price now trading under the 100-hourly Simple Moving Average. ETH recently dipped to $1,912 and is struggling to reclaim resistance near $1,980–$2,020, while key support at $1,920 and $1,880 could be tested if sellers remain in control.

On Monday, Bitcoin, Ethereum and XRP posted gains even as global equity futures signaled steep losses amid a severe oil supply shock and rising U.S.-Iran tensions. Bitcoin traded near $66,124.97, while Ethereum hovered around $1,944.62 and XRP reached $1.34, with total crypto market capitalization at $2.28 trillion. Analysts pointed to digital assets' lack of direct exposure to disrupted physical energy infrastructure and Bitcoin's positioning as a value store as factors supporting prices.

In early March 2026, Bitcoin ETFs shifted from more than $1.14 billion in inflows to hundreds of millions in daily outflows as large holders locked in profits. Ethereum, Solana, and XRP products mirrored this reversal, with major withdrawals from funds such as Fidelity's FETH and FSOL. At the same time, 21Shares listed the first U.S. spot Polkadot ETF and Morgan Stanley advanced its Bitcoin Trust filing, signaling ongoing institutional expansion despite short-term caution.

Ethereum's price remains confined within a broader downtrend, trading well under its 100-day and 200-day moving averages while hovering above key support near $1,800 after a rebound from February lows toward $1,900. The upside is constrained by resistance zones at $2,150, $2,400, and $2,800, and sentiment indicators such as the Coinbase Premium Index continue to signal only tentative spot demand instead of strong bullish conviction.

Over the past three years, Solana’s token trading volume has accumulated to roughly $4.4 trillion, with recent weekly activity stabilizing around $12–$15 billion even after speculative spikes cooled. At the same time, Solana has slightly surpassed Ethereum in the number of RWA-holding wallets despite Ethereum still concentrating around $15.45 billion in tokenized RWAs and far deeper stablecoin and liquidity reserves.

On March 8, 2026, Kraken introduced its Kraken xChange platform, providing a unified layer for tokenised equities on Ethereum and Solana. The venue supports trading of more than 70 tokenised stocks that are fully collateralised one-to-one with underlying shares, and offers atomic settlement, on-chain transfers and extended trading hours.

Ethereum has traded around $2,000 for about a month while sitting more than 60% below its 2021 all‑time high. An analyst argues that ETH is revisiting the crucial $1.2K–$1.6K zone that marked the previous cycle bottom, suggesting a defended support could precede a strong rally. Another market watcher points to daily transactions climbing back above 2 million this year, viewing the renewed network activity as potentially supportive for the asset.

On 6 March 2026, BitGo CEO Mike Belshe argued that crypto-native custodians have a built-in edge over traditional banks that combine trading and custody. BitGo derives over 80% of its revenue from custody and staking fees, holds $104 billion in assets for more than 4,900 institutional clients, and operates under a U.S. federal banking charter. Belshe positions BitGo as core infrastructure for digital assets, supporting products like SoFiUSD and tokenizing its own shares on Ethereum, Solana, and BNB Chain.

Ethereum is currently trading within a rising wedge structure, with analysts warning that a breakdown could shift focus toward the $1,500 high‑timeframe support area. Luca notes price has been rejected at a previously lost support zone around the 2D Bull Market Support Band at $2,180, while Snyder is watching intraday levels between $2,036 and $2,163 for short‑term trades. A sustained failure to reclaim these levels may keep downside risk elevated, especially if broader market moves and macro events such as the NFP release trigger additional volatility.

On 6 March 2026, spot Bitcoin exchange-traded funds registered about $348.9 million in net outflows as digital asset prices retreated. Ethereum products saw roughly $82.9 million in redemptions, while Solana and XRP funds lost about $8.6 million and $16.6 million. During the pullback, total crypto market capitalization declined to around $2.33 trillion and Bitcoin traded near $67,900.