Large demand zone below $2K ETH price gives signal on where Ether may go

ETH’s market structure and fractal analysis from 2021 and 2024 provide insights where significant buy demand may exist. Currently, it’s on the downside.

Ether (ETH) struggled to hold prices above $2,000 on Tuesday, and against this backdrop, analysts noted that Ether’s 31% decline in 2026 fits a familiar price fractal from previous bull markets.

Key takeaways:

ETH’s recent dip to $1,736 may mark only the first of many lows in a larger consolidation phase.

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