\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tEthereum rebounds from $2,880, clearing bearish gaps. Analysts point to $15K\u2013$17K targets, with whales accumulating at key support.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Ethereum has rebounded after touching $2,880, a level marked by earlier inefficiencies. Analysts say the downside has now been cleaned up, and the chart structure appears reset.<\/p>\n
Both technical and on-chain data are showing conditions that traders are watching for signs of the next move.<\/p>\n
Crypto Patel noted<\/a> that Ethereum filled the Fair Value Gap near $2,880 and held the level. With no bearish gaps left on the chart, the current structure now looks more stable. The asset has moved back above key short-term zones, opening the way for another leg higher.<\/p>\n Notably, two support levels have been identified at $2,622 and $2,256. These match major Fibonacci retracement zones and are viewed as possible areas for accumulation. Patel says any retest of these levels could set up a strong long opportunity, especially for those targeting prices in the $10,000 to $15,000 range.<\/p>\n At the time of writing, Ethereum is trading at around $3,000, showing a minor daily decline. Resistance zones are placed at $3,048, followed by $4,058 and $4,960.<\/p>\n A longer-term pattern on the 3-day chart suggests a possible ascending inverse head-and-shoulders, as tracked by Trader Tardigrade. The neckline has a slight upward slope and sits just above the current price.\u00a0If the neckline breaks, the estimated move based on the pattern\u2019s depth puts the target near $17,000.<\/p>\n $ETH<\/a>\/3-days#Ethereum<\/a> price chart indicating a potential Ascending Inverse Head and Shoulders pattern. \u2014 Trader Tardigrade (@TATrader_Alan) November 19, 2025<\/a><\/p>\n<\/blockquote>\n Elsewhere, Daan Crypto Trades is watching<\/a> broader levels at $2,800 and $4,100. These areas have been tested multiple times over the past two years. In the shorter term, he flags $3,350 as a level that may act as support or resistance depending on market reaction.<\/p>\n Experts have also\u00a0noted<\/a> that current price action, combined with high leverage, leaves the market exposed to sharp moves.<\/span><\/p>\n According<\/a> to CryptosRus, Ethereum recently touched $2,870, which lines up with the realized cost basis for both retail traders and large holders. This area has been a cycle low in the past. Whale addresses holding over 10,000 ETH are reportedly adding to positions, while smaller wallets are reducing<\/a> exposure.<\/p>\n \u201cRetail is selling\u2026 and whales holding 10k+ ETH are loading up,\u201d they posted.<\/p>\n<\/blockquote>\n Liquidation data also confirms the shift. Longs are no longer being flushed out at each dip, while shorts are increasing.<\/p>\n CryptoWZRD noted<\/a> that ETH closed its recent daily candle with a long downside wick, a signal that buyers may have stepped in late in the session. Their focus is now on ETH\/BTC strength and short-term moves around the $3,130 level. Holding above this zone would favor continuation. A failure to hold could lead to sideways price action.<\/p>\n They also pointed to upcoming US labor data as a potential trigger for volatility, especially through its effect on Bitcoin. Until then, traders appear to be watching key levels and preparing for the next major move.<\/p>\n Meanwhile, Ethereum appears<\/a> to be entering a bottoming phase, with multiple indicators pointing<\/a> to a gradual build-up of liquidity around key levels.<\/p>\n <\/p><\/div>\nChart Pattern Points to $17K Potential<\/h2>\n
\n
Currently, it\u2019s at the tip of the right shoulder. If this pattern unfolds, the target will be $17,000. pic.twitter.com\/I1aw5aApwE<\/a><\/p>\nYou may also like:<\/h3>\n
On-Chain Support Matches Historical Lows<\/h2>\n
\n
Key Data Ahead<\/h2>\n
\nSECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link<\/a> to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).<\/b><\/div>\n<\/div>\n
![<\/a>Source: Crypto Patel\/X<\/figcaption><\/figure>\nAt the time of writing, Ethereum is trading at around $3,000, showing a minor daily decline. Resistance zones are placed at $3,048, followed by $4,058 and $4,960.<\/p>\nChart Pattern Points to $17K Potential<\/h2>\nA longer-term pattern on the 3-day chart suggests a possible ascending inverse head-and-shoulders, as tracked by Trader Tardigrade. The neckline has a slight upward slope and sits just above the current price.\u00a0If the neckline breaks, the estimated move based on the pattern\u2019s depth puts the target near $17,000.<\/p>\n\n$ETH<\/a>\/3-days#Ethereum<\/a> price chart indicating a potential Ascending Inverse Head and Shoulders pattern.Currently, it\u2019s at the tip of the right shoulder. If this pattern unfolds, the target will be $17,000. pic.twitter.com\/I1aw5aApwE<\/a><\/p>\n\u2014 Trader Tardigrade (@TATrader_Alan) November 19, 2025<\/a><\/p>\n<\/blockquote>\nYou may also like:<\/h3>\nElsewhere, Daan Crypto Trades is watching<\/a> broader levels at $2,800 and $4,100. These areas have been tested multiple times over the past two years. In the shorter term, he flags $3,350 as a level that may act as support or resistance depending on market reaction.<\/p>\nExperts have also\u00a0noted<\/a> that current price action, combined with high leverage, leaves the market exposed to sharp moves.<\/span><\/p>\nOn-Chain Support Matches Historical Lows<\/h2>\nAccording<\/a> to CryptosRus, Ethereum recently touched $2,870, which lines up with the realized cost basis for both retail traders and large holders. This area has been a cycle low in the past. Whale addresses holding over 10,000 ETH are reportedly adding to positions, while smaller wallets are reducing<\/a> exposure.<\/p>\n\n\u201cRetail is selling\u2026 and whales holding 10k+ ETH are loading up,\u201d they posted.<\/p>\n<\/blockquote>\nLiquidation data also confirms the shift. Longs are no longer being flushed out at each dip, while shorts are increasing.<\/p>\nKey Data Ahead<\/h2>\nCryptoWZRD noted<\/a> that ETH closed its recent daily candle with a long downside wick, a signal that buyers may have stepped in late in the session. Their focus is now on ETH\/BTC strength and short-term moves around the $3,130 level. Holding above this zone would favor continuation. A failure to hold could lead to sideways price action.<\/p>\nThey also pointed to upcoming US labor data as a potential trigger for volatility, especially through its effect on Bitcoin. Until then, traders appear to be watching key levels and preparing for the next major move.<\/p>\nMeanwhile, Ethereum appears<\/a> to be entering a bottoming phase, with multiple indicators pointing<\/a> to a gradual build-up of liquidity around key levels.<\/p>\n\nSPECIAL OFFER (Exclusive)<\/span><\/center>\nSECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link<\/a> to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).<\/b><\/div>\n<\/div>\n<\/p><\/div>\n](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G6K1BKragAAheNS.jpeg\"){kind=link}