Ethereum price prediction: Sideways zone likely as ETH battles resistance at $2,250
Ethereum (ETH) is trading at $2,038.57, up 1.45% for the day. The asset is positioned above the MA-20 at $1,976.33, but remains below both the MA-50 at $2,248.84 and the MA-200 at $3,313.38.
Highlights
- BitMine Immersion Technologies grew its Ethereum treasury to 4.535 million ETH, with over 3 million ETH staked in its largest weekly purchase since December.
- BlackRock lowered the staking fee for its iShares Staked Ethereum Trust to 10%, planning a 2026 launch amid continued institutional accumulation and product inflows of $88.5 million last week.
- Technical indicators show mixed momentum, with Ethereum expected to trade between $1,835 and $2,250 and a higher probability of downside movement near-term.
Treasury accumulation and ETF changes as outflows confront inflows
BitMine Immersion Technologies significantly boosted its Ethereum holdings by 60,976 ETH in its largest weekly purchase since December, raising its treasury to 4.535 million ETH with more than 3 million ETH staked. U.S.-listed Ethereum investment products recorded a one-day net outflow of 36,599 ETH, though over the past week, these products saw net inflows of $88.5 million. BlackRock updated its iShares Staked Ethereum Trust (ETHB) filing, reducing the staking fee from 18% to 10% with a launch expected in early 2026, and large treasuries such as SharpLink and BitMine continue to accumulate and stake ETH.
Buy signals emerge as resistance and mixed momentum collide
Technically, ETH shows short-term upward momentum above the MA-20, but its ongoing struggle beneath the MA-50 and MA-200 reflects resistance at higher levels. The Ichimoku Kijun at $1,999.50 serves as immediate support, while $2,248.84 (MA-50) remains a significant resistance. Momentum indicators signal mixed conditions: daily MACD and ADX indicate bearish momentum and seller control; however, the Stochastic RSI provides a buy signal and RSI stays below 50 yet above oversold territory. Bull/Bear Power favors buyers intraday but is classified as overbought, and the asset currently trades near session highs after reclaiming strength from an early gap down.
Downside risk heightened as sideways trading seen likely
In the short term, the price is likely to fluctuate within a volatility band of $1,835–$2,250. The probability of further upside is low (less than 20%), making a downside move more likely. Baseline scenario sees ETH moving sideways between support at the Ichimoku Kijun and resistance at the MA-50, while a decisive move above $2,250 could target higher weekly levels. If support at $1,835 is breached, additional selling toward recent swing lows could follow.
Last time, analysts noted that Ethereum was attempting to stabilize above a key support zone after a recent selloff, with buyers emerging cautiously and resistance lingering just overhead. The market remains caught between bullish attempts to reclaim momentum and downside risk, hinging on whether ETH can establish a sustained base above support while broader flows and macro signals remain mixed.
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