Hold on to your hats, folks! Ethereum, the crypto that’s been dancing just below the $1,800 mark, has decided to take a leap and rise above the ashes of a three-day drop. That’s right, after worrying whispers about macro concerns, it’s back up and at ‘em, bouncing from a low of $1,800 on February 24.
Enter Ted Pillows (yes, we swear that’s his name), a crypto analyst who predicted Ethereum would flirt with the $1,750-$1,800 support zone. He was spot on! But don’t pop the champagne just yet-Ethereum still needs a bit of bull power to really make the party worth attending. Until it hits the glorious $2,000 mark, you might want to keep your seatbelt fastened. Who knows? The whole pump could be a sad, sad rerun.
So, if things don’t go the way of the bulls, keep an eye on the key support levels below $1,800-Ethereum’s new home, at least for now.
As we write this, Ethereum is up by a shiny 5.03% in the last 24 hours, trading at a whopping $1,917-still down 4.82% on the week, but hey, baby steps, right?
Below $1,800, these are the next major support levels for Ethereum $ETH:
• $1,584
• $1,238
• $1,089– Ali Charts (@alicharts) February 24, 2026
According to Alicharts, if Ethereum decides to dip below the $1,800 level, you’ll want to grab a magnifying glass and pay attention to the next major support levels: $1,584, $1,238, and the ever-humbling $1,089. Hope you’re ready for the rollercoaster!
Ethereum Fundamentals: Still Good, But Let’s Not Get Too Excited
Now, according to Santiment, there’s a bit of shorting action happening with Ethereum. Yes, it’s a bit of a drama, but hey, a little short squeeze could send those prices to the moon (or at least cause a bit of a jump). No guarantees, of course, but a price bounce thanks to short liquidations could be a nice surprise.
Ethereum’s spot ETFs had a sweet net inflow of $9.2271 million, and Grayscale ETH saw a $11.0795 million boost. Not too shabby, if we do say so ourselves.
The Ethereum Foundation is also working its magic, staking a chunk of its treasury to make the Ethereum network stronger than ever. In a bold move, the Foundation staked a generous 2016 ETH, with 70,000 ETH making their way into staking. And guess what? Those rewards will go straight back into the Ethereum Foundation’s coffers-helping fund research, development, and community grants.
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2026-02-25 17:25