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Following
ETH Ethereum regained $1750, and bulls received recovery signals.
Ethereum regained $1750, providing bulls with the first substantial signal of broader recovery. However, unless Ethereum breaks through resistance, the long-term downward trend remains unchanged, making above $2100 and below $1200 the two main scenarios.
Ethereum is rejected again,$1200 risk returns
Ethereum is again testing the same downtrend line that has been rejected every major rebound attempt since 2025. If it fails again near $1850, the short structure may continue and expose lower support levels.
This trend line has touched points four times, around US$4600, US$3300, US$2400 and the current US$1850. Each rejection resulted in a lower high, which subsequently triggered a new round of selling, indicating that buyers have repeatedly failed to change the overall trend.
Ethereum must close above the trend line and hold on to that level during backtests for the current rally to become a credible reversal. If you break through the resistance briefly and immediately fall back, it may trap the chasers.
If the bears regain control,$1500 is the first important area to pay attention to. Losing this support could open the door to the $1315 and expected $1200 target.
If Ethereum breaks through the trend line and starts to form higher weekly highs, bearish views will weaken. Until then, the latest rally remains just one in a larger downward trend.
Ethereum recovers $1750, long target looks at $2100
Ethereum has converted $1750 back into support, the first meaningful support-resistance conversion in the current downward trend. Holding the area could signal a broader shift in market structure and open up space for a rise to $2100.
The chart shows that since 2025, US$1750 has served as a key response level many times. Ethereum has recently regained its footing at this level and is trying to hold on to it during backtests, indicating that buyers are beginning to defend previous resistance levels.
The next major test lies in the range of approximately $2107 to $2167. This region has repeatedly served as support and resistance, so a clean weekly close in this region would strengthen the recovery and confirm higher highs.
However, the bullish premise depends on whether Ethereum can stay above $1750. If the weekly line falls back below this level, it will negate the support conversion and increase the risk of another fall towards $1,600 - 1,500.
