Ethereum Slips to $1,900 Today as Analysts Weigh What Comes Next

Jakarta, Pintu News – On March 1, 2026, Ethereum (ETH) made a comeback after a sharp drop, so traders’ attention has now turned to nearby resistance levels. Analysts at X highlight $2,100 and the sell wall at $2,125 as the next major tests for the continuation of this recovery.

Then, how will Ethereum price move today?

Ethereum Price Drops 2.51% in 24 Hours

On March 2, 2026, Ethereum was trading at about $1,973, or roughly IDR 33,176,751, down 2.51% over the past 24 hours. Within that window, ETH briefly dipped to a low of IDR 32,035,175 before climbing to an intraday high of IDR 34,039,167.

At the time of writing, Ethereum’s market capitalization was estimated at around IDR 3,964 trillion. Meanwhile, 24-hour trading volume slid by 15% to approximately IDR 369.1 trillion.

Read also: Bitcoin Slips to $66,000 as Selling Pressure Keeps Building

Ethereum Strengthens Toward $2,000 as Traders Eye to Reclaim $2,100 Level

Ethereum is trading around the $2,000 level after recovering from a sharp sell-off, with market commentator Ted Pillows stating that the token has “fully recovered from yesterday’s dump.” On the Binance daily chart he shared on X, ETH bounced off its latest low in the mid-$1,800s and is climbing back up near the $2,000 area.

This move erased most of the previous session’s decline and brought the price back to the important horizontal zones that previously acted as both support and resistance.

The chart highlights $2,100 as the next level for traders to watch. According to Ted, Ethereum needs to reclaim the area to strengthen the short-term structure. The $2,100 zone is aligned with the red resistance band on the chart, while $2,400 is above as the next major supply area.

Previous downward patterns show ETH losing the $2,400 area before resuming deeper weakness, so that level now serves as overhead resistance.

At the same time, the chart also charts lower support bands around $1,720 and $1,540. These areas mark the demand zones of the previous consolidation phase. For the time being, Ethereum is still holding above the upper green support zone, while testing the lower side of the $2,100 resistance area.

If the price is able to break and hold above this barrier, a path towards $2,400 could open up. Conversely, failure to reclaim $2,100 could potentially keep the price moving within a wider consolidation range.

Read also: 10 Crypto with Breakout Potential as the Market Recovers

Ethereum faces $2,125 sell wall as traders await potential breakout

Ethereum is approaching a selling wall around $2,125, a level that market commentator CW8900 says is a potential resistance area. In a post on X, he mentioned that $ETH will soon reach the $2,125 zone and described it as a barrier that sellers will likely defend.

The 4-hour timeframe Binance chart he shared shows a red resistance block sitting just above the latest swing highs.

The chart displays a broader downtrend since late January, followed by a consolidation phase. After a sharp decline, Ethereum formed a base before rebounding towards the highlighted resistance area. The $2,125 zone also aligns with the previous breakdown level, an area where the price briefly failed to maintain upward momentum.

According to CW8900, a break above $2,125 is an important condition for resuming the upside movement. If buyers are able to push the price past the resistance and hold above it, the next supply area is higher, in the mid-$2,400 range.

However, if the selling wall persists, Ethereum risks being pressured again and remain moving in a wider range, as signaled by support zones at lower levels.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpaper. Ethereum Hits Key Resistance Zones as Analysts Flag $2,100 and $2,125 Hurdles. Accessed on March 2, 2026