Ethereum (ETH) has been acting quietly lately. Its price is stuck between two key levels — between $1,540 and $1,630. It hasn’t moved much up or down in the last day. But this calm may not last long. In fact, many traders believe that a big move could happen soon.
Ethereum Is Trading in a Tight Zone
Right now, ETH is moving sideways. This means it’s not going up or down a lot. It is trading inside a small price zone. Many people bought ETH between $1,540 and $1,630. This makes it a very important range. Traders call this a “supply zone.”
Why is this range so important? Because more than 7.9 million ETH were bought here. If the price goes higher than this zone, it could jump fast. But if it falls below it, the price might crash more.
Where Is the Support and Resistance?
Support is the price level where buyers are strong. For ETH, that support is between $1,513 and $1,585. That’s where a lot of people bought ETH and are still making money. Resistance is where sellers may stop the price from going up. That’s between $1,585 and $1,630. Here, many buyers are still losing money. If the price gets past this level, those sellers may give up, and the price can rise quickly.
Price Is Stuck Inside a Channel
Ethereum has been stuck in a “channel” since January 2025. A channel means the price keeps bouncing between a top line and a bottom line. So far, ETH keeps falling every time it reaches the top line of this channel. Now, ETH is in the middle of the channel. If the price goes above $1,630, that could mean bulls are winning. But if it falls below $1,540, bears may take over again. The next big danger level is $1,475. If ETH drops there, it could fall more after that.
Are Whales Making a Move?
This week, whales bought some ETH — about 10.76% more. That’s a small sign of hope. But over the last month, whales sold a lot — 46.70% more ETH left their wallets. This means many whales are not confident right now. Over 90 days, whales are still buying more than they are selling, but just a little — about 1.77%.
Traders Are Using More Leverage
Leverage means borrowing money to trade more. Right now, the leverage ratio is 0.7009. That number is rising. When people use more leverage, it means they are expecting big price moves. But it also means more risk. If ETH moves suddenly, people using leverage could lose money fast. That could cause a chain reaction where many are forced to sell.
Ethereum Burn Rate Is Falling
ETH has a burn feature. This means a part of ETH fees is destroyed with every transaction. This helps keep the supply low and the price up. But lately, fewer fees are being burned. In fact, the burn rate is now at 27%, much lower than the 90-day average of 42%. This means the network is being used less. Less use means less demand. And less demand can make the price drop.
What’s Next for Ethereum?
Ethereum is at a very important point. A big move may be coming soon. All the signs show that something could happen:
- Whales are not buying much.
- Leverage is going up.
- Fewer ETH tokens are being burned.
If ETH breaks above $1,630, it could go to $1,860 and maybe higher. But if it drops below $1,540, it might fall to $1,475. That’s why traders are watching closely.
