ETH Traders Predict 'Significant Rally' as Ether Price Reaches $2.2K
Following a 25% surge from multi-year lows beneath $1,800, Ether shows signs of continued momentum, with traders anticipating further ETH price gains.
Following Ether's (ETH) impressive 25% rebound to $2,200 from multi-year bottom levels below $1,800, market experts have indicated that the cryptocurrency's bullish trend has been validated.
Key takeaways:
- Wednesday saw Ether climb to $2,200, with onchain metrics indicating renewed buying interest.
- The critical support zone around $2,100 for ETH price remains essential for bulls to maintain.
Ether sellers are "losing control"
Data from CryptoQuant reveals that Ether's net taker volume indicates "sellers may be losing control" as interest in ETH derivatives has made a comeback.
The net taker volume metric, which tracks the disparity between purchasing and selling activity in derivatives trading, has transitioned to positive territory following almost two months of negative readings.
This extended negative period aligned with the bearish market decline, reflecting persistent aggressive liquidation throughout derivatives trading platforms.
In a recent Quicktake post, CryptoQuant analyst MorenoDV_ observed that "The latest prints show flows starting to turn positive, suggesting that seller dominance may be fading," further noting:
"Historically, shifts from prolonged negative taker pressure toward positive territory often precede short covering rallies and liquidity-driven rebounds, particularly after periods of forced selling."
The resurgence of ETH buying activity is further evidenced by Ether's Coinbase Premium Index, which has climbed to heights not witnessed since December 2025.
Following several months in negative territory, the index has turned positive, signaling renewed purchasing interest from investors in the United States, which may drive ETH price appreciation.
CryptoQuant analyst CW8900 stated that "This indicates that US buying pressure remains positive," while also commenting:
"If the Coinbase premium rises further, the rally will accelerate."
At the same time, interest in spot Ether ETFs is experiencing a recovery, with these financial vehicles registering $169.4 million in capital inflows on Wednesday. This demonstrates renewed appetite from institutional market participants.
ETH traders anticipate a price rebound
According to market analysts, Ether's recent upward breakout should avoid falling back beneath the $1,750 threshold.
Crypto Patel, a trader and analyst, emphasized that maintaining support at $1,750 is crucial for "bulls to stay in control," projecting upside objectives at "$2,500-$2,600.
"Lose $1,750 and bears take over again."
Regarding Ether's Thursday advance past $2,000, analyst Bren indicated that a "larger bounce above $2,200 is likely."
In the meantime, Man of Bitcoin suggested that a successful confirmation of $2,100 support following the current pullback may clear the way to $3,400 or even higher levels.
According to Cointelegraph's previous reporting, achieving a daily candlestick close beyond $2,100 would reignite expectations for a recovery move toward the 50-day simple moving average (SMA) positioned at $2,381. Surpassing this resistance level would suggest that the corrective phase may be over.