Ethereum is showing two signals that traders are watching closely right now. One points to a possible long setup above key support, while the other shows strong buy side interest as whales wait for a clearer trigger.
Ether Eyes $2,100 to $2,130 Entry Zone as Trader Sets $2,900 Target
Ethereum is approaching a range that one trader says could offer a long setup, with attention centered on the $2,100 to $2,130 area. In chart analysis shared on X, Friedrich said the bullish view stays intact as long as Ether remains above $2,000.
Ethereum Daily Chart With $2,100 to $2,130 Long Zone. Source: Friedrich on X
The daily chart shows $ETH trading near the middle of that proposed entry zone, while the setup places a downside cutoff at $2,000. Above that level, the chart points to a possible move toward $2,900 over the coming weeks.
Friedrich also linked the outlook to Bitcoin, saying the $68,000 to $69,000 area should hold and help support broader market strength. In that scenario, Ethereum would keep its short term structure intact and continue building toward higher resistance.
The setup remains conditional, however, because the bullish case depends on $ETH holding above the $2,000 level. If that support fails, the projected move toward $2,900 would likely weaken.
Ethereum Order Book Shows Strong Buy Support as Whales Wait for Direction
Ethereum is showing firm buy side support while large holders appear to be waiting for a clearer market signal, according to chart analysis shared by CW on X. The post said buy orders remain strong, while visible sell pressure is limited.
Ethereum Order Book Heatmap Chart. Source: CW on X
The chart presents a heatmap style view of market depth, with dense support zones below recent trading activity and lighter resistance overhead. That structure suggests buyers have been more active in positioning around lower levels, while sellers have not built comparable walls above.
CW said whales are still waiting for confirmation before making a bigger move. In that setup, the market appears stable for now, yet the next directional signal could matter more if larger participants decide to step in.
The chart also shows Ethereum moving in a relatively narrow range after a sharp drop earlier in the period. As a result, traders may watch whether this steady buy side interest leads to a breakout or simply keeps price supported until stronger momentum appears.
