- Ethereum is below $2,000, below $2,000, as it does not suggest a potential retracement.
- Price action confirms lower highs and strong rejections near a $3,500 resistance.
- Stable volume and protective support tips provide careful positioning near the $1,800 level.
Ethereum prices slid under the gaps in multiple CME futures as bear pressure continued in early 2025. The market shows signs of restraint that erases most of the previous year’s profits.
Three important CME gaps remain open
Amid a decline in price action, some CME futures gaps remain unbeatable at current levels. These gaps could serve as future price targets. The market structure reflects on continued lows and weak bullish convictions.
According to Crypto’s Market Analyst Titan, the gaps between the three Ethereum CME futures remain open: $2,550-$2,625, $2,890-$3,050, and partially filled $3,917-$3,933. His analysis shows that gaps of this nature tend to act as magnets, and prices have historically been traced back to satisfy them. His findings revealed that the $3,917 region exhibited partial filling behavior prior to the latest revision of Ethereum.

sauce: Crypto’s Titan
Observing Ethereum’s price behavior, the assets peaked above 4,000 before retreating in early 2024. This move created a sharp inversion pattern marked by lower peaks and long term sales. Titan noted that these patterns coincided with previous setups where the gap was eventually filled after an extended integration or pullback.
Tracking market behavior, Ethereum attempted to recover nearly $3,500 in early 2025, but failed to exceed $3,000. This obstacle contributed to a deeper correction that brought the price to under $2,000. He pointed to a significant change in the strength of buyers as each meeting met hard resistance at a critical level.
CoinMarketCap data confirms a wider decline
CoinMarketCap data shows that Ethereum prices will trade nearly $1,800 after falling from a high of over $4,000. Asset market capitalization took a similar path, falling from its peak in 2024 and retreating towards its early valuation in 2023. Throughout this movement, fluidity remained intact without massive flash crashes.
Source: CoinMarketCap
Examining trade volume fluctuations, spikes during key drops showed reactive trading rather than panic sales. The volume remained stable in the final quarter of 2024, strengthening the structured exit pattern. Despite the recession, no abnormal volume behavior occurred as Ethereum approached a lower support zone.
Analyzing liquidity changes, the $1,800-$2,000 zone shows signs of defensive trading and longer holding periods. Sellers showed a lower aggression compared to a sharp reversal in mid-2024. Buyers centered around the former crowd zone suggest that the area retains the short-term importance of moving forward.