Ethereum (ETH) Price Prediction: ETH Slides Near $2,180 as Whale Deposits and Smart Money Shorts Add Pressure Towards $2,100
Ethereum is back under pressure after losing momentum near the upper side of its recent range. According to Brave New Coin data, ETH is trading near $2,180, down 2.08% in the last 24 hours, with 24-hour asset volume around $11.23 billion. Ethereum Slips Back Into the Lower Range The latest Brave New Coin chart shows ETH losing its intraday footing after failing to sustain strength near the upper side of the session. Price has now moved back towards the $2,160–$2,180 region, making this the first area where buyers need to show a reaction. What makes this move important is the shift in market focus. ETH was recently trying to build towards the $2,350–$2,380 resistance zone, but the latest rejection has pushed attention back to downside liquidity and support defense. For now, ETH needs to recover above $2,220–$2,250 to reduce short-term pressure. Without that reclaim, the market may continue leaning towards the lower range, with $2,100 becoming the next area traders are likely to watch. Whale Deposits Raise Short-Term Selling Risk Lookonchain highlighted that two wallets, possibly linked to Gammafund, deposited 10,976 ETH, worth around $23.9 million, into Binance within the past hour. Large exchange deposits often create short-term caution because they can signal possible selling pressure. This