Ethereum Struggles to Break $1,800 Barrier Amid Strong Institutional Interest
Despite strong institutional demand and bullish signals from major market participants, Ethereum has faced repeated rejections at the $1,800 resistance level. The cryptocurrency, currently trading at $1,760, dropped 2% on Monday after six unsuccessful attempts to breach this psychological barrier. Whale activity indicates growing confidence among large holders, suggesting potential upward momentum if the resistance is overcome.
Ethereum Faces Resistance at $1,800 Despite Strong Institutional Demand
Ethereum’s price encountered firm rejection at the $1,800 level despite accumulating bullish signals from major market participants. The second-largest cryptocurrency currently trades at $1,760, having dropped 2% on Monday after six consecutive failed attempts to breach the psychological resistance.
Whale activity suggests growing confidence among large holders, with Ethereum addresses holding significant balances collectively adding 149,000 ETH last week. Institutional flows mirrored this optimism, as U.S. spot Ether ETFs recorded $157.1 million in net inflows during the same period.
Market analysts note the modest realized profits during ETH’s recent ascent indicates investors anticipate further upside. The current pullback appears technical in nature, with bears defending the 50-day simple moving average while bulls regroup after last week’s rally.
Top Crypto and Blockchain Events of This Week: 28th April to 2nd May
The global cryptocurrency community is gearing up for a pivotal week of industry events, headlined by The Staking Summit Dubai 2025 on April 28. This gathering will unite staking providers, DeFi protocols, and institutional investors—a convergence that could catalyze the next wave of blockchain infrastructure development.
Fisher Yu of Babylon Labs and Mert Mumtaz from Helius are among the featured speakers, signaling strong technical focus. Their participation suggests growing institutional interest in restaking solutions and modular blockchain architectures.
With ETHDubai 2025 running concurrently, Ethereum’s ecosystem remains central to developer activity. The dual emphasis on staking infrastructure and smart contract innovation reflects maturing sector priorities beyond speculative trading.
Ethereum Faces Critical Test as Bearish Divergence Emerges
Ethereum’s price action hangs in the balance, trapped between the $1,750 support and $1,850 resistance. The asset’s recovery from $1,400 earlier this month now faces a stern challenge—a 4-hour bearish divergence on the On-Balance Volume indicator, as noted by analyst Big Cheds. Upper shadow formations suggest weakening bullish momentum.
Market participants await a decisive break, with $2,000 standing as the litmus test for sustained upside. Macroeconomic headwinds continue suppressing risk appetite across crypto markets, leaving ETH’s near-term trajectory uncertain. Volatility expectations rise as traders position for the next meaningful move.
Ethereum Whales Return as ETFs Post First Net Inflow in 8 Weeks
Ethereum’s on-chain metrics reveal a dramatic resurgence of whale activity, with large holders increasing their positions by 2682% over the past week. The altcoin simultaneously saw its first weekly net inflow into ETH-based exchange-traded funds after an eight-week drought, signaling renewed institutional confidence.
The large holders’ netflow metric—tracking the difference between accumulation and distribution by addresses controlling over 0.1% of ETH’s supply—has reached levels not seen since the last major price rally. Market observers interpret this coordinated buying pressure from whales and ETFs as a precursor to significant price appreciation.
Ethereum Price Shows Resilience Amid Market Correction
Ethereum’s price demonstrates stability as it consolidates NEAR the $1,800 level, signaling potential for an upward breakout. The cryptocurrency found support above $1,725, mirroring Bitcoin’s recent recovery pattern.
A key technical development emerges with a bearish trend line forming at $1,815 on the ETH/USD hourly chart. Market observers note that clearing the $1,820 resistance could catalyze fresh gains, building on the current 23.6% Fibonacci retracement from recent highs.
