ETH Falls Below $1800: Is the $4,900 Bull Run Dead?

What Happens to <a href="https://pricpr.com/eth-usd/">ETH</a> If $1,800 Breaks? Analyst Has the Answer

As a researcher, I’ve been following alicharts’ analysis, which identifies potential accumulation zones for Ethereum between $1,800 and $1,090. Their data, combining MVRV and URPD buy walls, suggests a possible price target of $4,900.

Ethereum is at a key moment right now. Its price is being tested around $2,000, and there’s a lot of discussion about small, immediate price changes. However, one analyst is looking at the long-term potential instead.

Crypto analyst alicharts has published a comprehensive analysis on X, suggesting potential buying opportunities at price levels ranging from $1,090 to $1,800. This assessment is based on historical market trends and data from the blockchain.

$1,800 Is the Line Nobody Should Ignore

According to analyst alicharts on X, a key price level to watch is $1,800. If the price stays above this level – which forms the upper boundary of an ascending triangle pattern – he predicts the price could rise to $4,900. Essentially, $1,800 is a critical support level; if it breaks, the predicted rally is less likely.

The $1,800 price level is significant because it coincides with a key technical indicator. Specifically, the 0.80 MVRV Pricing Band for Ethereum is around $1,880. When Ethereum’s MVRV ratio reaches this level, analysts identify it as a point of “Extreme Pain” for sellers. Historically, this has marked a turning point where selling pressure weakens and committed buyers start to purchase, potentially leading to a price recovery.

MVRV, or Market Value to Realized Value, essentially compares Ethereum’s current price to what the average owner originally paid for it. It’s like a record of the entire market’s cost basis. Historically, when MVRV drops below 0.80, it suggests most Ethereum holders are currently at a loss, and this often signals the end of a price downturn.

Where the Real Buy Walls Live

The URPD data offers more insight than just looking at a chart. It tracks the price levels where ETH was last bought and sold, and some call it “The Market’s Memory.” This data reveals significant buying activity occurred around $1,584, $1,238, and $1,089.

These price levels aren’t random; they represent points where many ETH holders are expected to step in and prevent further price drops, effectively creating support. If the price of ETH falls to these levels, we could see a strong increase in buying pressure.

Alicharts shared their complete strategy for gradually investing on X. They begin by using 10% of their funds at a price of $1,880, and increase their investment to 30% of their capital at $1,090. With each step, they focus on a different level of support from the blockchain network. Their biggest investment is reserved for the price level where they are most confident.

The Parallel Channel Scenario

Not everything points straight up. Alicharts stays objective.

If the price action forms a parallel channel instead of an upward triangle, the outlook shifts. He’s focusing on $1,550 and $1,070 as potential support and resistance levels. These price points also correspond with significant buying activity based on on-chain data, meaning the underlying buying pressure remains consistent regardless of the pattern.

Significant market drops would be painful, but one analyst sees them as chances to buy low, rather than signs of total collapse.

$2,500 Is Where the Engine Starts

While positive investment trends have added up to significant gains, the real catalyst for the next major market rally will come from a different source.

According to Alicharts, Ethereum’s Realized Price is $2,500. If ETH rises above this level and stays there, most Ethereum holders will once again be profitable, signaling the end of the current downturn. Alicharts believes this is when a major, long-term bull market will truly begin.

The price is initially aiming for $4,900. If it breaks through that, the next target is around $5,900. These levels are reached one after another, but hitting them isn’t certain.

According to alicharts on X, the $1,800 price point is a key level to watch. If the price stays above $1,800, it could potentially rise to $4,900. However, if it falls below $1,800, traders will likely focus on lower support levels.

The setup is mapped. Whether price follows the structure is another matter entirely.

Please note: This article shares technical analysis from another source and shouldn’t be taken as financial or investment advice.

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2026-04-07 14:10