TLDR
Ethereum (ETH) is currently trading around $2,054 after reaching a peak of $2,104 on March 25, 2025
Analysts predict ETH may retrace to approximately $1,900 before potentially surging to $3,000
Strong on-chain metrics show daily volume over $10 billion and growing ETH futures open interest
Institutional investors and whales have purchased nearly half a million ETH in recent weeks
Key support zone exists between $1,871-$1,981, while resistance is found around $2,100-$2,150
Ethereum’s price continues to show strength above the $2,000 level as of March 25, 2025. The second-largest cryptocurrency by market cap is currently trading at $2,054, showing resilience despite a recent 3% pullback from its peak of $2,104 reached earlier the same day.
Market analysts are closely watching Ethereum’s price action for signs of where it might head next. Some experts believe ETH may experience a short-term retracement before making a significant move upward.
One crypto analyst using the pseudonym MAXPAIN has suggested Ethereum price could pull back by nearly 9% from its recent peak. This would bring ETH to around the $1,900 area, which is identified as a key support zone.
$ETH update: – TPO looks clean– Poor Lows at $1927 is good place for long entry-nPOCs serve as good TP levels but based on reaction pic.twitter.com/GdBYJnAYZ9
— MAXPAIN (@Mangyek0) March 25, 2025
Trading data from CoinGlass shows two important liquidity zones that traders should watch. The first is between $2,135 and $2,106, where approximately $450 million worth of short positions would face liquidation if prices rise above this range.
The second zone lies between $1,980 and $1,833, where more than $700 million in long positions would be forced to close. This creates the potential for high volatility if price moves decisively in either direction.
On-chain metrics for Ethereum remain strong, with daily trading volume exceeding $10 billion. This high volume indicates active market participation and healthy liquidity for the digital asset.
Market Analysis
Futures market data also points to growing open interest in Ethereum contracts. This metric suggests more investors are taking positions in ETH derivatives, which often precedes major price movements.
The long-to-short ratio for Ethereum has reached 1.2287, with long positions now making up 55% of total contracts. This shift indicates growing bullish sentiment among traders over the past four hours.
Whale activity has been increasing, with data showing nearly half a million ETH purchased by large investors in recent weeks. This accumulation by institutional investors and wealthy individuals often precedes price increases.
Another bullish indicator is the declining supply of ETH on exchanges. Over 1.2 million ETH has moved from exchange wallets into staking contracts and private wallets, suggesting a potential supply squeeze that could drive prices higher.
Technical analysis from crypto analyst Gert van Lagen highlights the potential formation of an inverted head-and-shoulders pattern on Ethereum’s weekly chart. This bullish pattern often precedes upward price movements, with a neckline near the $4,000 mark.
Another analyst, Michael van de Poppe, has identified a critical supply zone between $2,100 and $2,150. A breakout above this resistance could potentially trigger a 30% surge, pushing Ethereum toward $2,800.
$ETH [1W] bounces off the ~$1800-$2000 support range while having formed a complex iH&S structure, targeting ~$18k.
This support level acted as resistance during the ‘head’ phase. Now price successfully retested it as support.
Now the Left and Right shoulders are well-aligned. pic.twitter.com/909aRoeajD
— Gert van Lagen (@GertvanLagen) March 24, 2025
For investors looking to buy Ethereum, the $1,900 area might present an opportunity if the price retraces as some analysts expect. This zone aligns with a value area identified in Time Price Opportunity (TPO) charts and coincides with strong historical support.
Ethereum ETFs in the U.S. market reported a net-zero flow on March 24, marking the seventh day of balanced inflows and outflows since their launch. The total net assets held by these ETFs now amount to $7.17 billion, representing about 2.85% of Ethereum’s market cap.
The overall outlook for Ethereum remains positive despite potential short-term volatility. With strong support levels, increasing institutional interest, and positive on-chain metrics, many market participants are expecting ETH to eventually test the $3,000 level in the coming weeks.
