Ethereum advanced past $1,820 for the first time in nine months, reigniting discussions among analysts about a potential market trend reversal. The move follows a prolonged period of lower lows and repeated failed recoveries, as traders watch for signals that could validate a stronger upward shift.
Key support and resistance levels come into focus
Over recent sessions, Ethereum reclaimed two significant price levels: $1,750 and $1,820. Traders view these levels as essential markers for any upcoming market structure changes.
Daan Crypto Trades, a well-known cryptocurrency analyst, stated that ETH has flipped the $1,750 level from resistance back into support. He pointed out that a similar pattern occurred during Ethereum’s 2025 recovery phase, though he cautioned that current market conditions differ from that period.
Daan Crypto Trades highlighted that Ethereum has reclaimed a horizontal level that previously acted as resistance during its downtrend. He emphasized that this marks the first support-to-resistance reclaim since the beginning of the current bearish cycle, drawing a comparison to the 2025 rally but warning not to expect an identical scenario.
Turning prior resistance into support is a classic technical analysis signal often interpreted as a potential trend change. Traders are now closely monitoring whether ETH can solidify its position above these levels or if it will falter once again.
Support and resistance analysis is a fundamental approach in cryptocurrency trading. These levels act as psychological markers where buying or selling interest may increase, influencing price movement in either direction.
$1,820 reclaim stirs bottom formation debate
Merlijn The Trader, another widely followed analyst, pointed to Ethereum’s ability to regain the $1,820 zone, which the asset lost in June. He noted that this is the first such move in nine months, making the current technical structure distinct from previous breakdowns, when Ethereum failed to reclaim lost lows during declines.
According to Merlijn The Trader, Ethereum had not previously reclaimed a lost low during the recent downtrend, yet did so for the first time in July, which he considered a significant shift from its typical bearish behavior since the last cycle peak.
In earlier periods of weakness, ETH broke through support and continued declining without quickly surmounting former breakdown zones. This time, regaining the $1,820 area has brought renewed speculation about whether a firmer bottom is in place for the asset.
Still, analysts cautioned that reclaiming a lost level does not necessarily confirm a broader turnaround. Sustained movement above the key $1,820 level on longer time frames is required for greater confidence among market participants.
$2,100 resistance remains the next major hurdle
With the $1,750 and $1,820 levels now acting as support, attention has shifted to Ethereum’s next major resistance zone at $2,100. Daan Crypto Trades identified this horizontal level as a key barrier through several previous market cycles.
A successful push above $2,100 could reinforce the case for continued recovery and potentially open the door to higher price targets. Alternatively, failure to clear this resistance may leave ETH range-bound or vulnerable to new selling pressure.
Risk thresholds remain well-defined. For Daan, a drop below $1,750 would threaten the bullish thesis, while Merlijn warned that a sustained three-day close under $1,820 would invalidate his outlook.
| Support Level | Resistance Level | Bullish Invalidation | Analyst |
|---|---|---|---|
| $1,750 | $2,100 | Drop below $1,750 | Daan Crypto Trades |
| $1,820 | $2,100 | 3-day close below $1,820 | Merlijn The Trader |
Ethereum is an open-source, decentralized blockchain known for its smart contract capabilities, enabling a broad range of decentralized applications (dApps) and services worldwide. Its price trends are closely followed as a benchmark for the broader cryptocurrency market.
