2 giờ trước
Ethereum Breaks Above $2,200 as Bulls Reclaim the Upper Hand
Ethereum (ETH) has pushed back above $2,200 after weeks of range-bound trading, with buyers defending the $2,000 area and forcing a move higher. Improving activity across derivatives and spot ETF flows is reinforcing the view that demand is returning and sentiment is firming.
Derivatives data points to a clear shift in positioning. Analyst Darkfost noted that ETH net taker volume has stayed positive since March 6, including about $104 million in net taker volume, a change not seen since the previous bear market. Net taker volume tracks whether aggressive buyers or sellers are dominating, and the latest readings suggest buyers are driving market activity.
Futures participation is also rising. Open interest has climbed to 6.4 million ETH, nearing the July 2025 record of 7.8 million. After dropping to 5 million ETH in October, the rebound indicates sustained engagement in the derivatives market.
Spot Ether ETFs added to the bullish tone, posting $120 million in net inflows, the largest single-day total since mid-March. The pickup suggests U.S.-based investors are stepping back in, providing added support to near-term price action.
Technically, ETH briefly cleared $2,250 before easing back, holding above $2,200. On the hourly chart, the price moved through resistance around $2,150 tied to a contracting triangle, signaling that bulls are regaining control.
The key line in the sand remains the $2,000 region. Analysts view the $1,800–$2,000 zone as essential for maintaining a constructive structure, as it aligns with the 20-day EMA and the lower boundary of a symmetrical triangle. A decisive breakdown could expose downside toward $1,460.
On-chain cost basis data shows more than 3.5 million ETH was acquired around $2,000, with another 1.36 million accumulated near $1,750–$1,800. Historically, Ethereum's 0.80 MVRV band near $1,880 has been associated with seller exhaustion and stronger buyer support.
Near-term support is seen at $2,220, $2,165, and $2,120. Resistance levels to watch are $2,250 and $2,275. If demand across spot and derivatives remains firm, ETH could attempt another leg higher by retesting overhead resistance. For now, the market is focused on whether buyers can continue to defend the $2,000 zone to sustain the developing bullish momentum.