Ethereum (ETH) Rebounds to $1,831 After Selloff Hits $1,710 Liquidity

Ethereum Rebounds From a $1,710 Liquidity Test

Ethereum price action has flipped from heavy selling to a tentative recovery: after sliding beneath the former $1,900–$1,980 demand zone and reaching the liquidity level marked near $1,710, the largest altcoin climbed back to $1,831, where it stood at 11:40 UTC and still holds in live trading. The daily chart shows the decline extending beneath a base that had repeatedly held; losing it accelerated selling toward the horizontal level flagged as inducement, where buyers responded beside a cluster of resting liquidity pool orders. The fall beneath $1,900 also erased the shelf that had cushioned earlier consolidations, leaving no nearby floor until $1,710. The leg lower had been steep: at the depth of the move the coin had slid 9.3% in 24 hours, outpacing Bitcoin's drop, and supply-side pressure had built through the week as the Ethereum Foundation sold 7,500 ETH for $14.5 million across five days. Daily momentum now reads oversold, with the daily RSI near 25, a print that leaves room for a corrective bounce after so aggressive a decline but does not establish a durable bottom, since strong downtrends can stay oversold while price continues lower. On the four-hour chart, the rebound toward $1,831 is constructive at a local level yet has not broken a meaningful prior swing high, and buyers still need a higher low to show the recovery has support beyond the initial bounce. The $1,840–$1,850 area is the first hurdle, followed by the more important $1,900–$1,980 zone, the same base the market lost. Reclaiming that base would ease immediate pressure and improve the prospects of a recovery toward the $2,050–$2,130 area. A rejection would preserve the sequence of lower highs and put another test of the lows back on the table, while sustained acceptance above $1,980 would weaken the bearish continuation setup. The broader supply area around $2,200–$2,460 sits considerably higher.

Our composite level scoring frames how tight the fight around the current quote has become. The nearest resistance, at $1,839.11, scored 72 out of 100 on our scale of indicators meeting there, and it sits barely $8 above the last price, so the bounce has run into its first scored ceiling almost at once. Below, the strongest support, at $1,731.43, carries an 85/100 rating and rests just above the $1,710 low that started the rebound. Positioning adds a second tension: perp funding stands at -0.0041%, mildly negative, yet the long/short account ratio reads 3.45, so far more accounts hold longs than shorts. Sentiment agrees with the tape rather than the positioning: the Fear & Greed Index sits at 10 out of 100, deep in extreme fear. A daily close above $1,839 would be the first confirmation that buyers are absorbing supply at these levels.

Whale-Sized Futures Orders Trail the Slide

Futures order-size data shows a recent cluster classified as big whale orders accompanying the slide from above $2,200 toward the $1,800 region, which means larger average trade sizes printed during the latest phase of weakness. The pattern raises the possibility that large participants contributed to the selling through bearish positioning or hedging, but order size on its own shows neither trade direction nor whether positions were opened or closed, and it cannot confirm accumulation. One reading is that whales were hunting exit liquidity as leveraged longs were flushed out; another is that they hedged exposure while leaving spot holdings, much of it locked in staking, untouched. The price response decides between them. If large orders keep printing while rebounds fail and fresh lows appear, that combination would fit ongoing sell-side pressure, and a sustained reclaim of the $1,900–$1,980 zone would be firmer proof that supply is being absorbed. As things stand, the orders flag how significant the move is without proving the decline is over. On the downside, losing $1,710 sustainably would invalidate the local defense and raise the relevance of the major daily demand area that begins around $1,640 and extends toward $1,510, the level marked as the next stop if the bounce fails. The full map of scored levels is maintained on our Ethereum technical analysis page. Until price closes back above the base it lost, the market remains far closer to its $1,710 low than to the $2,200 area it abandoned, and that gap is what the next sessions have to settle.