Ethereum is stuck below a major resistance zone as support levels continue to be tested. Two new charts show the same message. The market still looks fragile and the next breakout or breakdown could set the tone for what comes next.
Ethereum faces resistance at $2.1 million, maintains support at $1.8 million
Ethereum It has still not been able to break through $2,100. The daily chart of Daan Crypto Trades shows that sellers continue to intervene whenever the price reaches that area. As such, Ethereum remains below a major resistance zone rather than moving into a stronger recovery.
Ethereum resistance is $21,000. sauce: Daan crypto trading
This chart highlights the supply area between approximately $2,106 and $2,166. Ethereum entered that zone again, but was unable to stay there. Sellers reacted quickly and $2.1,000 remains the main barrier in the short term.
Meanwhile, the $1,808 level remains an important support. Buyers have defended that area during previous pullbacks, and Dern points to the broader $1.8,000 zone as a level for bulls to defend. If Ethereum falls below that, the structure will weaken and could lead to a larger decline.
For now, Ethereum is trading within a clear range. Resistance is near $2.1,000 and support is near $1.8,000. A daily close above the upper zone would indicate stronger momentum. Until then, Ethereum is still moving between supply overhead and support below.
Ethereum’s bare flag structure suggests risk of failure
Ethereum continues to move within a consolidation pattern that resembles the bearish flag on the daily chart that Hardy shared. This structure formed after a sharp sell-off at the beginning of the year, where Ethereum quickly fell from high levels before entering a sideways range.
The chart shows the price compressing between the uptrend lines while remaining below the major resistance zone around $2,127. This type of uptrend often appears during a pause within a broader downtrend. Therefore, the pattern may function as a continuation structure rather than a reversal.
At the same time, repeated attempts to move beyond the channel limit failed. Each approach to resistance creates a core of rejection, suggesting that sellers are still operating around that level.
Meanwhile, the lower bound of the structure is located near the support zone marked around $1,937. This level has absorbed multiple declines since consolidation began. As long as Ethereum remains within the channel, the price is likely to continue moving between these boundaries.
However, Hardy notes that the longer the market stays in the bear flag, the stronger the potential breakdown may be. Long-term consolidation can increase liquidity on both sides of the range. When the structure eventually breaks down, price often moves quickly toward the next support zone.
Under the current structure, the chart points to a larger weekly support level near $1,587. This region stands out as the next major area where buyers intervened in the early stages of the market.
For now, Ethereum remains in a tightening range below the resistance level. This pattern will continue to reflect a bearish market structure until the price is able to break above the flag and sustain higher levels.
