Ethereum Struggles to Break $1,850 Resistance Amid Low Trading Volume
Ethereum’s price has been facing significant resistance at the $1,850 level, with multiple attempts to break through failing due to insufficient trading volume. This resistance is further reinforced by a combination of technical indicators, including VWAP SR, a 0.618 Fibonacci retracement, and a daily supply zone. As a result, ETH remains range-bound, with the risk of a pullback to lower support levels if buying pressure doesn’t increase. Below is a detailed analysis of the current market situation for Ethereum.
Ethereum Faces Stiff Resistance at $1,850 Amid Low Trading Volume
Ethereum’s price action has hit a wall at the $1,850 level, with repeated attempts to break through faltering due to a lack of trading volume. The convergence of multiple technical indicators—including VWAP SR, a 0.618 Fibonacci retracement, and a daily supply zone—has created a formidable barrier. Without a significant influx of buying pressure, ETH remains trapped in a narrow range, risking a pullback to lower support levels.
The market’s lethargy is evident in the anemic volume accompanying recent upward tests. This stagnation reflects broader caution among traders, who appear hesitant to commit capital until a clearer directional signal emerges. The $1,850 zone now serves as a litmus test for Ethereum’s near-term trajectory.
Ethereum Launches Internship Program to Cultivate Blockchain Talent
The Ethereum Foundation unveiled its Ethereum Season of Internships, a fully remote, paid program designed to onboard and retain emerging talent in the blockchain space. Host organizations must apply by May 28, 2025.
This initiative targets the ecosystem’s talent retention challenge by offering structured early-career opportunities across multiple disciplines. The program underscores Ethereum’s commitment to fostering innovation through education and hands-on experience.
Ethereum Accumulation Addresses Grow 22% Despite Market Downturn
Ethereum holders are demonstrating unwavering confidence as accumulation addresses increase their holdings by 22.54% amid significant price declines. The cryptocurrency, which peaked at $4,107 in December 2024, has since fallen over 56% to trade around $1,787. Despite these unrealized losses, long-term investors continue to accumulate, with these specialized wallets growing their balances from 15.5 million ETH to 19 million ETH.
Market analysts remain bullish on Ethereum’s long-term prospects, projecting a potential rally to $7,000 by 2025 and $10,000 in early 2026. This accumulation behavior suggests strong conviction among sophisticated investors who appear to be positioning for the next market cycle. The growing ETH holdings in accumulation wallets could create substantial buying pressure when market sentiment eventually turns.
Vitalik’s Rollup Revolution Meets ETH Price Action: What’s Next for Ethereum
Ethereum co-founder Vitalik Buterin has outlined a critical roadmap for Layer 2 rollup security, advocating a phased transition toward trustless systems. The proposal categorizes rollups into three distinct security stages, each with escalating safeguards against centralized control.
Stage 0 rollups remain vulnerable, with security councils retaining full override capabilities. Buterin’s mathematical models show a 27% failure probability under this framework. Stage 1 introduces checks through supermajority requirements, while Stage 2 restricts council intervention to provable bugs only.
The roadmap arrives as Ethereum faces pivotal technical and market tests. ETH price action reflects growing anticipation around scaling solutions, with rollups positioned as the cornerstone of Ethereum’s throughput ambitions.
