Ethereum (ETH) Price Prediction: Whale Longs Back ETH Breakout as $2,000 Liquidity and $2,500 Target Come Into View

Ethereum price has started to show stronger signs of recovery after breaking above a trendline that had limited price gains for nearly six months.

ETH was trading near $1,868 as buyers continued to protect the breakout area. With large whale longs entering the market and liquidity sitting around $1,950-$2,000, traders are now watching whether this support can hold and lead to another move higher.

ETH Back in Recovery Mode

Ethereum has moved above the descending resistance line that had capped each recovery attempt for almost six months. The breakout interrupts the sequence of lower highs and gives buyers their clearest opportunity in months to establish a more sustainable recovery.

Ethereum retests its six-month descending trendline as support, with improving MACD momentum keeping $1,950, $2,000, and $2,300 in focus. Source: Blade via X

Blade’s chart shows ETH returning to the broken trendline after the initial move higher. Rather than immediately falling back beneath it, price is attempting to use the former resistance area as support. That reaction will determine whether the breakout develops into a broader trend change or becomes another failed move.

Momentum is also beginning to improve, with the MACD recovering near the zero line. If ETH continues holding the retest, attention can shift towards $1,950 and $2,000, followed by the larger resistance area near $2,300.

Liquidity Map Points Towards $1,950-$2,000

Liquidity positioning is also starting to favor the upside. Famous crypto analyst Ted noted that ETH has several liquidity clusters above the current price, including one around the $1,800 area that may have already been swept.

After that sweep, the next major area on the heatmap sits closer to the $1,950 to $2,000 region. This makes the upper range important because price often moves toward liquidity pockets as momentum builds.

Ethereum’s liquidity map highlights a potential sweep near $1,800. Source: Ted via X

The setup does not require a straight move higher, but it gives traders a clear zone to watch. If ETH keeps holding above the retest area, the market could continue moving towards that $1,950-$2,000 liquidity band.

Whale Longs Adding Bullish Momentum

On-chain positioning is also turning aggressive. Lookonchain reported that two newly created wallets sold 72 BTC, worth around $4.66 million, and then opened 20x long positions on 12,000 ETH worth about $22.4 million.

Two newly created wallets rotate $4.66 million out of Bitcoin and open 20x long positions on ETH worth $22.4 million. Source: Lookonchain via X

This is a notable shift because it shows capital rotating from BTC into leveraged ETH exposure. While high leverage can increase liquidation risk, the move also signals that some large traders are positioning for Ethereum outperformance. If these positions remain open while ETH holds the breakout retest, it could strengthen market confidence.

Retest Structure Keeps $2,000 Target Alive

The short-term ETH chart shared by Trader Symba shows a clean retest from the breakout area, with price bouncing from a zone around $1,820. The chart points towards a possible move back towards $2,000 if buyers continue to defend that region.

Ethereum holds its breakout retest near $1,820, keeping the recovery structure intact and the $1,950-$2,000 target zone in focus. Source: Trader Symba via X

This is now the main technical line for the recovery. ETH does not need to explode higher immediately, but it needs to avoid losing the retest area. Holding above $1,820-$1,850 would keep the structure intact.

A move through $1,900 would be the next sign of strength. From there, the $1,950 to $2,000 area becomes the real test for bulls.

Contrary: ETH Could See One More Shakeout Before $2,500

Blade’s chart suggests Ethereum may not move directly towards the higher target. The projected structure first shows a manipulation phase around the broken trendline, where ETH could briefly lose the reclaimed area or sweep lower liquidity before the real continuation begins.

Ethereum may see one more shakeout around the broken trendline before a stronger move towards the $2,400-$2,500 resistance zone. Source: Blade via X

If that shakeout is absorbed and ETH reclaims the trendline again, the chart points towards a stronger post-August move into the $2,400 to $2,500 break-of-structure zone. This would keep the wider bullish setup intact, but traders may need to expect volatility and a possible false breakdown before the larger rally develops.

Ethereum Price Outlook: Retest Must Hold

Ethereum’s current structure has improved, but the next move still depends on whether the breakout retest continues to hold. The main support zone sits around $1,820-$1,850, while the first major upside target is now $1,950-$2,000.

Ethereum (ETH) is trading at around $1,868, up 1.31% in the last 24 hours. Source: Brave New Coin

If ETH holds above support and clears $1,900, the market could move quickly towards the liquidity cluster near $2,000. A clean breakout above that level would strengthen the case for $2,120 and then the larger $2,300 area.

A drop back below $1,820 would weaken the setup and suggest the breakout retest has failed. Until that happens, Ethereum remains positioned for another upside attempt.