The recent price movement of Ethereum (ETH) recorded a rebound within the range of $2,360 to $2,420 but ended without breaking through the resistance zone of $2,660 to $2,740. The specialist media “CryptoPotato” analyzed this phenomenon, using charts and indicators from “Schaumarket.”
First, on the daily chart the range of $2,360–$2,420 is regarded as a level that has been touched after recent adjustment; price had risen only to that level, then reversed and recovered. The 100‑day moving average ($2,240) and the 200‑day moving average ($2,140) lie above both lines, and the reversal status of each line is maintained, which is noteworthy.
Although a rebound has occurred, the resistance recovery remains unconfirmed. CryptoPotato’s analysis points to the $2,660–$2,740 range as a supply‑based indicator; if broken, the next targets would be the recent highs of $2,800 and the $2,900–$3,000 resistance levels. If it falls again, the $2,360–$2,420 buying zone and the upside channel will serve as reference points.
Second, on the 4‑hour chart the price touched the buying zone of $2,430–$2,480, then moved below a short‑term trend line before recovering. However, that level lies under an intermediate trend line, indicating a weak short structure. The $2,490–$2,500 range is considered a retracement zone; $2,660–$2,740 is marked as a resistance zone that coincides with the intermediate trend line.
Finally, recent observations of average order size charts mainly classify orders into general ranges, and the high‑volume order signals seen in the $6–$8 ranges have shown strong activity in the latest rebound. These indicators differentiate order sizes but do not indicate the direction of large traders’ buying or selling.