
Ethereum (ETH) is approaching a major decision zone around $1,900-$2,000. After more than a year of sideways movement across the Others/BTC chart, the next Ethereum move could determine whether altcoins finally begin a broader recovery or remain under pressure.
The bullish scenario depends on Ethereum breaking through the $1,900-$2,000 resistance zone with strong momentum. ETH already broke above a long-term descending trendline in July, creating a setup similar to the 2022-23 recovery.
If buyers push ETH firmly above $2,000, it could strengthen the case for a larger trend reversal. A sustained move could also improve sentiment across altcoins, which have struggled against Bitcoin since April 2025.
On-chain analyst Ali Martinez sees $1,580 as an important support level that could act as a launchpad for Ethereum’s next major move. He believes $3,000 is the next key target if ETH continues to strengthen.
Michaël van de Poppe also has a bullish view, saying he would not be surprised to see Ethereum make a strong move toward $3,000 in the coming days or weeks.
A move toward $3,000 would therefore turn ETH into a major catalyst for the wider altcoin market.
The bearish scenario begins if Ethereum fails to clear $1,900-$2,000 and sellers take control. A rejection could keep ETH trapped inside its long-running consolidation and push the price toward $1,700.
If selling intensifies, the next downside area could be around $1,500, $1700. ETH could also simply continue moving sideways if neither buyers nor sellers gain enough strength for a decisive breakout.
The Others/BTC chart has remained largely sideways for more than a year after a prolonged downtrend. That makes Ethereum’s next move especially important.
A powerful breakout above $2,000 would build the case for an altcoin recovery and put $3,000 within reach. A rejection, however, could delay the broader altcoin rally and keep ETH and other altcoins in consolidation.
ECB President Christine Lagarde announced this week that the central bank officially launched Pontes on…
The total crypto market cap has climbed to $3.01 trillion, up 0.9% over the past…
Bittensor (TAO) has suddenly become one of the strongest movers in the crypto market, jumping…
The European Central Bank and all 27 EU national central banks are pushing for a…
XRP price has jumped 3.80% to $1.53 in the past 24 hours, beating the overall…
Story Highlights The live price of the Mog Coin memecoin is . MOG price could…