Ethereum Doomed If $1,811 Breaks as Retail Investors Flee Despite Historic Lows

▲ Ethereum (ETH) / ChatGPT-generated image

Despite entering what is considered a once-in-a-generation bottom-buying opportunity zone, Ethereum continues its precarious sideways movement, struggling to establish clear direction amid investor sell-offs and a lack of strong accumulation by major players.

According to cryptocurrency-focused outlet BeInCrypto, Ethereum’s Market Value to Realized Value (MVRV) ratio has reached a historic accumulation zone, yet conflicting investor behavior has weakened the momentum for a rebound. Crypto analyst Aaryamann Shrivastava explained that Ethereum is currently undergoing a price correction while absorbing broader market uncertainty.

Analysis of the MVRV indicator shows Ethereum hovering between -10% and -20%, a range historically regarded as an opportunity zone where price reversals are likely. This zone is typically seen as the point where investors, seeking to avoid further losses, halt selling and begin bottom-fishing. However, current market conditions reveal an unstable pattern in which long-term holders are distributing their holdings while short-term traders take control of market momentum.

Recently, Ethereum fell to $1,743, its lowest level in nine months, with a significant portion of holders now underwater, intensifying psychological pressure. On-chain data suggests that whale accumulation signals are not as strong as in the past, indicating that the foundational support for a price recovery has weakened compared to previous cycles.

From a technical perspective, defending the $1,811 support level will be a critical turning point in determining future direction. If this level breaks, prices could decline further toward $1,571, deepening the downtrend. Conversely, if buying strength returns and Ethereum successfully breaks above the $2,238 resistance level, analysts suggest it could enter a mid-term recovery phase targeting $2,509.

The Ethereum market is currently in a fragile balance where the opportunity for a technical rebound intersects with the threat of further sharp declines. Investors should remain cautious of short-term volatility and closely monitor key support levels and the inflow of major capital.

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