Ether Risks Yearly Low as $2,150 Resistance Stalls Recovery

Ether Risks Yearly Low as $2,150 Resistance Stalls Recovery
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Ether Risks Yearly Low as $2,150 Resistance Stalls Recovery
Image source: CoinToday
- Ethereum’s price struggles amid geopolitical tensions and bearish futures activity. - $1,900 liquidity zone crucial for avoiding yearly low of $1,736. Ether (ETH) is in a precarious position, as analysts warn it could fall toward its yearly low if it fails to reclaim the $2,150–$2,400 range as support. On April 2, 2026, Cointelegraph reported that ETH is vulnerable, a weakness stemming from sustained rejections at $2,150 and increased selling driven by macroeconomic concerns. Global macroeconomic factors significantly contribute to Ether's price action. Ongoing geopolitical tensions involving the U.S., Israel, and Iran have dampened investor confidence in riskier assets like cryptocurrencies. Recent comments from U.S. President Donald Trump escalated these concerns, prompting a $1 billion surge in Ether futures sell volume on the Binance exchange within an hour. As a result, this spike reflects intensifying bearish sentiment among traders as uncertainty grows. Despite the selling pressure, Ether remains range-bound below the $2,150 resistance level; however, liquidity around $1,900 provides crucial support. Analysts identified $1,900 as a critical zone that ETH must hold to avoid falling to its yearly low of $1,736. A sustained move above $2,150 could start a recovery rally, with resistance levels at $2,400 and $2,800 as potential upside targets. For now, however, trading activity continues to highlight the challenges ETH faces. According to CoinMarketCap, Ethereum (ETH) was trading at $2,057.74 as of April 2 at 19:08 UTC, and its 24-hour trading volume had decreased by 3.55%.
Article Info
Category
Market
Published
2026-04-02 19:14
NFT ID
PENDING
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