Saad Ullah
⬤ Ethereum is currently hovering around $2,150, a price level that's become a stubborn ceiling for bulls. What makes this zone particularly interesting is its history—it acted as solid support for roughly two years before finally giving way. Now that same level has flipped into resistance, and ETH keeps getting pushed back whenever it tries to reclaim the area.
⬤ The $2,150 region supported Ethereum through multiple market cycles before breaking down. Since then, price action has repeatedly stalled near this barrier, unable to establish acceptance above it. This type of support-to-resistance flip is a classic technical setup that often signals a shift in market structure. Similar dynamics appear in other support turned resistance structure scenarios across crypto markets.
⬤ According to the technical setup, a successful reclaim of $2,150 would flip the structure bullish and open the door for a rally toward the $2,500–$2,700 range. Traders could use the level itself as a tight invalidation point—if price gets rejected again, the bearish structure remains intact. This kind of level reclaim rally setup offers a clear risk-reward framework for those watching the chart.
⬤ Why does this matter? Because when major support zones turn into resistance, they tend to define the macro trend. If Ethereum manages to push through and hold above $2,150, it would signal a meaningful structural shift and potentially restart bullish momentum. On the flip side, continued rejection keeps the level in control and suggests further consolidation or downside risk ahead.
Saad Ullah
