Ethereum Price Prediction: TD Sequential Buy Signal and Whale Accumulation Hint ETH Rebound Toward $2.4K

Ethereum (ETH) continues to trade under pressure near the $2,130–$2,140 range after losing momentum below the $2,300 support zone. Market structure remains fragile in the short term, with sellers maintaining control across multiple indicators while buyers attempt to stabilize price action.

Ethereum Price Today Under Pressure as Sellers Dominate Short-Term Structure

Ethereum (ETH) is trading around the $2,130–$2,140 zone after facing renewed downside pressure. Market-wide technical dashboards, including TradingView’s aggregated indicators, currently lean bearish in the short term. The composite rating shows that moving averages remain the dominant negative force, while oscillators stay largely neutral.

Ethereum maintains a weak H4 structure with sustained downside pressure and failed rebound attempts after losing the $2,300 support level. Source: DomicChaina on TradingView

According to TradingView’s summary, “the broader assessment indicates prevailing bearish or neutral momentum in the short term,” reflecting continued consolidation after Ethereum broke below the $2,300 region. This breakdown has shifted focus toward nearby support zones between $2,080 and $2,130.

Ethereum Technical Analysis: TD Sequential Buy Signal Emerges

Despite the cautious backdrop, a notable technical development has appeared on the 12-hour chart.

Crypto analyst Ali (@alicharts) reported:

“Ethereum $ETH just got a TD Sequential buy signal. I believe a rebound could be next.”

Ethereum printed a TD Sequential buy signal near $2,138, indicating possible short-term exhaustion and a potential rebound. Source: Ali Martinez via X

The TD Sequential indicator, commonly used to identify trend exhaustion, has printed a “9 buy setup” near the $2,138 area. Historically, this pattern often signals that selling momentum may be weakening in the short term.

However, analysts also note that Ethereum remains inside a broader range, with resistance still forming between $2,200 and $2,300. Weekly signals remain mixed, suggesting that any recovery would still need stronger confirmation.

Ethereum News: Whale Accumulation Signals Growing Divergence

A CoinGlass-based chart shared by @CW8900 highlights a shift in the Ethereum whale vs. retail delta. The metric, which had remained negative for weeks, flipped sharply positive around mid-May 2026.

CoinGlass data shows Ethereum whales turning net positive, signaling increased accumulation while retail sentiment remains cautious. Source: CW via X

The data suggests that larger holders are increasing exposure while retail positioning remains cautious. The divergence between Ethereum whale and retail positioning is often interpreted as a potential signal of upside, as increased accumulation by larger holders tends to occur during periods of retail caution and uncertainty.

This whale-driven accumulation contrasts with weak short-term sentiment seen in retail activity, suggesting a potential early repositioning phase among larger investors.

Ethereum Price Analysis: Weak Structure Persists on Lower Timeframes

Ethereum has recently formed lower highs and lower lows after losing the $2,300 support zone. A technical breakdown highlighted by analysts shows EMA34 crossing below EMA89, both trending downward. This configuration typically reflects sustained bearish momentum or distribution conditions.

Ethereum was trading at around $2,129.494, up 0.56% in the last 24 hours at press time. Source:  Ethereum price via Brave New Coin

Market commentary indicates:

• Failed rebounds are being quickly sold
• Resistance remains strong near $2,150–$2,180
• Loss of $2,080 could expose deeper downside toward $2,000

In comparison with Bitcoin, Ethereum continues to show relative weakness, suggesting capital rotation away from altcoins during the current market phase.

Ethereum Price Outlook 2026: Macro Structure Still Intact

A long-term weekly analysis highlights Ethereum holding above a key macro support near $1,740, where a long-term ascending channel remains intact. This structure has previously acted as a foundation for major impulsive rallies.

Ethereum’s weekly chart suggests a bullish long-term structure, with macro support holding near $1,740 and potential upside if resistance levels are broken. Source: HoneyBadgerAI on TradingView

The analysis suggests Ethereum may be forming an early-stage impulsive wave structure, potentially aligning with a broader recovery phase if support levels hold.

While longer-term projections vary widely, including bullish extensions toward higher Fibonacci targets, analysts emphasize that such scenarios require sustained reclaiming of key resistance levels and volume expansion.

Final Thoughts

Ethereum is currently caught between a weak short-term technical structure and improving on-chain accumulation signals. The TD Sequential buy signal and rising whale activity suggest early signs of stabilization, but price confirmation is still missing.

A decisive break above resistance would be required to validate a rebound toward $2.4K, while failure to hold support could extend consolidation or deepen the correction. For now, Ethereum remains in a transitional phase where both downside risk and rebound potential coexist.