Ethereum has shown a rebound above $1,800, indicating some positive momentum. however, the analyst warns that the price still needs more bullish push and could retrace if it doesn't reclaim $2,000. the mention of key support levels below $1,800 suggests potential downside risk if the current bounce falters.
The analysis is based on the observations of a crypto analyst (ted pillows) and on-chain data from ali charts and santiment. while these sources are generally reputable, the cryptocurrency market is highly volatile, and predictions can be subject to rapid change. the mention of etf inflows adds some factual backing.
While eth is currently trading up and has shown a rebound, the analyst's caution about reclaiming $2,000 and the identification of significant support levels below $1,800 suggest a neutral outlook. the potential for a retracement or a continuation of the bounce makes the immediate direction uncertain.
The article discusses immediate price levels to watch and recent price action over the last 24 hours and weekly. the analysis is focused on short-term price movements and the immediate implications of current market conditions.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Add as a preferred source on Google News Ethereum , the second largest cryptocurrency by market cap, reversed a three-day drop at the week's start following macro concerns, rebounding from a low of $1800 on Feb. 24. Advertisement According to Ted Pillows, a crypto analyst, Ethereum retested the $1,750-$1,800 support zone as expected. Now, Ethereum is bouncing back, but it still needs more of a push from the bulls. Pillows indicated that until ETH reclaims the $2,000 level, it is still likely that the entire pump could be retraced. If this is the case, analysts are looking at key supports below $1,800, above which Ethereum currently trades. HOT Stories Morning Crypto Report: Cardano (ADA) Listed on Bitstamp Singapore, Peter Brandt Skeptical of $150K Bitcoin Target, Dogecoin Price Confirms 'Death Cross' on Weekly DOGE Chart Ripple's CTO Emeritus Shuts Down 'Nonsensical' Centralization Accusations You Might Also Like Sat, 02/14/2026 - 13:05 $105,000 ETH Long Enters Profit as Ethereum Returns to $2,000 By Tomiwabold Olajide Advertisement At the time of writing, ETH was trading up 5.03% in the last 24 hours to $1917, and down 4.82% weekly. Below $1,800, these are the next major support levels for Ethereum $ETH : • $1,584 • $1,238 • $1,089 https://t.co/QXxrDjOK55?from=article-links pic.twitter.com/QIJBp4oAYU — Ali Charts (@alicharts) February 24, 2026 According to Alicharts , below $1,800, the next major support levels for Ethereum based on the URPD indicator are $1,584, $1,238 and $1,089. Advertisement Ethereum fundamentals stay positive According to Santiment, there is a current mild shorting toward Ethereum. And as ETH is continuing to see a bias toward shorting, the cryptocurrency is likely to go on a large run and liquidate many traders as cryptocurrency markets eventually see a reversal. You Might Also Like Tue, 02/24/2026 - 07:38 Ethereum Founder Offloads 3,700 ETH In Just Three Days By Alex Dovbnya There is no guarantee that markets are going to turn bullish imminently. But the price might see a bounce due to short liquidations boosting prices upward. According to recent SoSovalue data, Ethereum spot ETFs had a total net inflow of $9.2271 million, and Grayscale ETH saw a net inflow of $11.0795 million. The Ethereum Foundation has begun staking a portion of its treasury, in line with its treasury policy announced last year. In line with this goal, the Ethereum Foundation made a 2016 ETH deposit. Approximately 70,000 ETH will be staked with rewards directed back to the EF treasury. This step, according to the Ethereum Foundation, helps to secure the Ethereum network and at the same time fund the Ethereum Foundation’s core operations and activities, including protocol R&D, ecosystem development and community grant funding. #Ethereum #Ethereum Price Prediction #Ethereum News