Ethereum Faces Resistance at $2K—Can Whales Push ETH Higher?

• Whales are accumulating ETH, but retail traders hesitate, weakening overall market demand.
• Ethereum faces resistance at $2K, with low momentum and declining trading volume.
• Without fresh buying pressure, ETH may stay range-bound between $1,850 and $2,000.

Ethereum is struggling below $2,000 as large holders keep buying while smaller traders step back. Market volatility remains low, creating uncertainty. Momentum has slowed, keeping the price in a tight range. Traders watch for a breakout, but buying pressure looks weak. Without stronger demand, resistance at $2,000 may hold. Will whales push Ethereum higher, or will the market stay stuck?

For the long term, $ETH under $2K is a no-brainer buy.

This a clear accumulation zone.

RSI is nearing bottom levels, similar indications in the past led to a massive $ETH run

Once $ETH reverses, #altcoins will go parabolic 🚀 pic.twitter.com/lGNsa2wiso

— Dami-Defi (@DamiDefi) March 16, 2025

Whales Keep Buying, But Retail Pulls Back

Large holders continue adding long positions despite the drop from $2,600. The long-to-short ratio for whales remains above 1.3, showing steady accumulation. This pattern often signals confidence in a future price increase. Whales buy when others hesitate, positioning for a breakout. Retail traders show less conviction. The long-to-short ratio for smaller holders peaked above 5.5 in March but has now dropped to 3. Many have closed positions or wait for better signals. This drop in participation weakens overall demand, making a strong rally harder to sustain.

ETH is Stuck in a Tight Range

Lower trading volume adds to the uncertainty. Fewer aggressive positions mean less momentum for an upward push. Until fresh demand appears, resistance near $2,000 may continue holding firm.The Relative Strength Index (RSI) sits at 35, showing weak momentum.

The On-Balance Volume—OBV, continues to decline, signaling low buying pressure. Without stronger volume, Ethereum may stay range-bound between $1,850 and $2,000. A breakout requires renewed interest from investors. Without that, the market could drift lower or stay stuck.

While traders are waiting for a catalyst, uncertainty dominates. Large holders have positioned for an upside move, but smaller traders remain hesitant. Without more buyers, resistance near $2,000 may prove too strong. Will demand return, or does Ethereum face more consolidation?

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