Ethereum price prediction: $2,160 resistance in focus as ETH drops 1.00%

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Ethereum slides 1.00% to $2,035.22

Highlights

The Ethereum Foundation increased its staked position to roughly 69,500 ETH, reflecting a strategic pivot toward yield generation via staking over asset sales.
The staked Ethereum, now valued at about $143 million, is intended to support ongoing research, protocol development, and grants despite prevailing market weakness.
ETH remains under sustained seller pressure, trading below key technical levels with a projected range of $1,930 to $2,140 and a heightened risk of further downside.

Treasury policy shift drives Foundation staking amid sustained sell pressure

On April 3, 2026, the Ethereum Foundation deposited over 45,000 ETH for staking, bringing its total staked position to approximately 69,500 ETH under a revised treasury policy adopted in June 2025. This action, valued at more than $92 million according to disclosed blockchain data, marks a shift in the Foundation's approach from selling assets to generating yield via staking, intended to fund research, protocol development, and ecosystem grants. The updated staked amount is now valued at around $143 million, though price action has remained under broader selling pressure.

Conflicting momentum signals as bearish pressure meets mixed oscillators

Momentum signals remain weak to bearish as both MACD and ADX point to minimal bullish pressure and low trend strength. RSI (48.30) and CCI (–49.47) both indicate mild downside momentum without oversold extremes, while Stoch RSI shows moderate buy signals but is contradicted by oversold readings on lower timeframes and neutral AO. BBP classifies the market as overbought on D1, but negative forecasts and the daily slip of $20.55 (1.00%) indicate seller momentum dominates. There was no notable gap between the previous close and today’s open, and the price is trading toward the lower end of today’s range with moderate volatility, sustaining a tone of steady sell pressure after the open. Divergences between oscillators and momentum gauges suggest mixed intraday sentiment and indecisive direction.

Further downside favored as rangebound pattern follows low upside odds

In the coming week, ETH is expected to remain within a range of $1,930 to $2,140, reflecting recent market volatility and price normalization. The probability of a price increase in the next five trading days is very low (less than 20%), making a further decline the more likely scenario. The baseline view is that ETH will continue to consolidate sideways, fluctuating between defined support and resistance levels. A bullish outcome would require a sustained breakout above the immediate resistance near $2,160, while a bearish scenario could see a drop below $1,930 if selling accelerates.

Anton Kharitonov, expert at Traders Union, sees Ethereum’s technicals as decisively bearish, with prices stuck below all major moving averages and key resistance capped near $2,160. He notes the Ethereum Foundation’s recent shift to staking as a structurally positive signal, but highlights that selling pressure is still dominant and short-term momentum signals remain weak. Kharitonov maintains a cautious outlook, expecting further consolidation unless buyers reclaim the $2,160 level. "Until ETH breaks above $2,160 and shows clear strength, I remain defensive and see further downside risk as the base case."

Earlier, analysts noted that Ethereum faced persistent selling pressure and weak technical momentum, reflecting a broadly bearish outlook. The latest developments—including the Ethereum Foundation's significant move into staking amid continued downside momentum—strengthen this negative bias, making the $1,930 support level a critical threshold to monitor for renewed volatility or deeper declines.

Source of Data: ETH Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.