Ethereum (ETH) Price Prediction: ETH Holds Key Support as Bulls Watch $1,750, $1,850 and Deeper Liquidity Zones

Ethereum price is now sitting at a very important technical point, with ETH trading near $1,708 after a weak 24-hour move. Price has already dropped sharply from the higher range, but the current support region is starting to attract attention as ETH reacts near levels where buyers have previously stepped in.

Weekly Support and Bullish Divergence Remain Important

The chart shared by BATMAN highlights Ethereum reacting between key support and resistance levels on the weekly timeframe. The main technical point from his chart is that Ethereum price is sitting above a strong support zone while a bullish divergence is forming on the weekly indicator.

Ethereum holds key weekly support as bullish divergence starts forming. Source: BATMAN via X

This is important because bullish divergence often appears when downside momentum starts weakening, even if the price still looks fragile. However, BATMAN also noted that a rally may not come immediately, which keeps the outlook balanced. ETH may need more consolidation around support before any real recovery attempt begins.

$1,700–$1,750 Support Is the Main Line for Bulls

Ted Pillows highlighted that Ethereum price is trying to hold above the $1,700–$1,750 support zone. This level now acts as the main short-term base for Ethereum, and the key technical point from this chart is simple: ETH needs to stay above this zone to keep the recovery setup alive.

Ethereum holds the $1,700–$1,750 support zone as bulls eye $1,820 and $1,870 next. Source: Ted Pillows via X

If ETH holds above $1,750, the next upside levels sit near $1,820 and $1,870. A stronger move above those levels could open the path towards $2,000–$2,050. But if ETH breaks from the red resistance zone and falls back below $1,700, the chart leaves room for a deeper move towards $1,580.

Liquidity Map Suggests One More Sweep Is Still Possible

The liquidity chart shared by Ted Pillows shows that most downside liquidity has already been taken, but ETH could still sweep the $1,300–$1,400 area before a stronger bottom forms. The key technical point from this image is that Ethereum may be closer to a bottoming zone than Bitcoin, but one final liquidity grab cannot be ruled out.

Ethereum’s liquidity map shows one final sweep toward $1,300–$1,400 is still possible. Source: Ted Pillows via X

This keeps the market structure cautious. If Ethereum price holds $1,700 and starts reclaiming resistance, the bottoming argument becomes stronger. But if price breaks below $1,580, then the $1,400–$1,300 region becomes the next important area where a stronger reaction from buyers could appear.

Hourly Chart Warns of a Possible Move Towards $1,580

Ali Charts shared a short-term Ethereum chart showing ETH breaking down from its channel and trading below the 200-hour SMA. The key technical point from his chart is that ETH has lost short-term structure, with a possible downside target near $1,580 if weakness continues.

Ethereum loses short-term structure as the hourly chart points toward $1,580. Source: Ali Charts via X

This level now matters because it aligns with the broader support discussion. If ETH fails to reclaim the broken channel and remains below the 200-hour SMA, sellers can continue pressing lower. A recovery above $1,750 and then $1,840 would reduce this bearish setup and put bulls back in a stronger position.

Recovery Targets Sit at $1,850, $2,000, and $2,050

If Ethereum price manages to defend the $1,700–$1,750 region, the first recovery target sits around $1,850. This is where short-term resistance and failed support can start acting as supply again. A clean move above that level would show that the latest breakdown is losing strength.

Above $1,850, the next important target is the $2,000–$2,050 zone. This would be the real recovery test for ETH because reclaiming $2,000 would shift market sentiment more positively. Until then, the bounce remains only a recovery attempt inside a fragile structure.

Key Invalidation Levels if Ethereum Breaks Lower

The first invalidation level for bulls is a clean breakdown below $1,700. If ETH loses this level and fails to reclaim it quickly, the short-term structure weakens, and the market can start moving towards $1,660 and $1,580.

Ethereum (ETH) is trading at around $1,708, down 1.77% in the last 24 hours. Source: Brave New Coin

Below $1,580, the larger downside zone becomes $1,400–$1,300. This would be a deeper liquidity sweep rather than a normal pullback. If ETH reaches that area, bulls would need to show a strong reaction quickly; the broader trend could remain under pressure for longer.

Final Thoughts: Can Ethereum Hold This Support?

Ethereum price is now trading at a very important support region. The $1,700–$1,750 zone is the main level bulls need to defend, while $1,850 is the first serious resistance level to reclaim. If ETH can hold support and break above $1,850, the recovery can extend towards $2,000–$2,050.

The bullish case is supported by weekly divergence, a major support reaction, liquidity already being taken, and fresh accumulation headlines. However, the bearish side is still active because ETH has broken the short-term structure and remains below the key moving average resistance.

For now, the Ethereum price prediction remains balanced. Holding $1,700–$1,750 keeps the recovery case alive, but losing that zone could send ETH towards $1,580 first. If that level also fails, the $1,400–$1,300 liquidity zone may become the next major area where Ethereum attempts to form a stronger bottom.