Ethereum Price Approaches Crucial Resistance at $2,100

The Ethereum price USD held above $1,850 as of late Thursday, but the broader structure remained bearish.

The $2,100 resistance level remained the next technical test for ETH/USD, and traders were watching to see if the rebound could extend against a descending trend.

Price action was weak on higher time frames, while staking reduced liquid supply. Exchange data showed limited sell-side availability, but demand remained insufficient for a confirmed breakout.