Ethereum has spent the past several weeks consolidating near the $1,400-$1,800 range following a drop from $2000. Despite remaining nearly 45% below its December 2025 peak above $3,400, the ETH price has shown resilience around key support levels, with recent price action hinting at seller exhaustion following a sharp rejection of lower prices.

Ethereum (ETH) Price Stalls Near Key Support, But On-Chain Data Tells a Different Story