Ethereum struggles to stabilize above 2,130 as short-term bearish sentiment persists amid ETF-related selling pressure.
ETHUSD remains below the critical 2,155-2,160 resistance zone, maintaining a bearish-neutral bias. Analysts note this level acts as a short-term repair gate, with failure to reclaim it exposing the asset to further downside risks.
Downside targets include 2,115-2,112 and 2,100-2,092, while major support lies at 2,078-2,076. A break above 2,156 could signal a shift toward bullish momentum, with confirmation at 2,180-2,197.
Recent reports of Harvard reducing ETH exposure via BlackRock’s iShares Ethereum Trust ETF (ETHA) were misinterpreted as a direct sell-off. The position, representing 0.034% of circulating supply, was adjusted between Q4 2025 and Q1 2026, with minimal market impact.