The Ethereum (ETH) is undergoing a slight correction this Monday, trading at US$ 1.779,51, with a daily decline of US$ 29,58 (-1,66%) at the time of publication. Despite the short-term pullback, several technical analysts believe that the market's second-largest cryptocurrency may be approaching a new phase of appreciation, driven by both technical factors and possible regulatory catalysts.
Among them is the expectation surrounding the CLARITY Act, a bill that seeks to establish clearer rules for the digital asset market in the United States. If the proposal advances and is approved in the coming months, analysts believe that greater regulatory certainty could increase institutional investor interest and benefit assets such as Ethereum, reinforcing an upward trend for the sector.
In this scenario, projections published by different analysts indicate that ETH could test important resistance levels in the coming weeks, with targets ranging between US$ 1.850, US$ 1.960 and US$ 2.160, provided that the asset confirms a decisive technical breakout.
Ethereum trades again within the Ichimoku Cloud
Among the most discussed analyses is that of trader Titan, who highlighted that Ethereum has returned to trading within the Ichimoku Cloud (Kumo), one of the most widely used technical indicators for identifying trend changes.
According to the analyst, the chart structure remains constructive as long as ETH stays above the recent support regions. Thus, its main targets remain at US$ 1.850 and US$ 1.960.
Titan also observed the crossing of two upward lines on the chart, a setup that is usually interpreted as a positive signal when accompanied by strengthening buying pressure.
A breakout above US$ 1.850 could open the way to US$ 2.160
Another optimistic view came from analyst Ali Martinez, known on social media as Ali Charts.
According to Martinez, he intends to open a long position if Ethereum manages to consistently break through the resistance located at US$ 1.850.
In the trader's view, overcoming this level could trigger a more intense buying move, pushing ETH to the US$ 2.160 in the short term.
The US$ 1.850 range is considered one of the most relevant resistance levels at the moment because it concentrates technical barriers closely watched by the market. A close above this level could strengthen bullish sentiment and attract new participants.
Analyst believes the cycle bottom has already been reached
One of the most optimistic projections was presented by analyst Atakan Altun Öz, who believes that Ethereum may have already established its market bottom.
In a recent post, the trader stated that ETH is unlikely to be traded again at current levels, suggesting that the phase of greatest selling pressure may be behind us.
His chart highlights a broad accumulation zone between US$ 980,08 and US$ 1.464,81, considered a strategic buying region for medium- and long-term investors.
In addition to the expectation of recovery in the coming weeks, Atakan maintains an extremely optimistic view for the current market cycle. In his projection, Ethereum may continue its upward trajectory over the coming months until reaching a new all-time high near US$ 5.249, surpassing the record set in the previous cycle.
Ethereum price forecast for the coming weeks
Although they use different methodologies, the three analysts converge on one point: the US$ 1.850 region will be decisive in defining Ethereum’s next move.
If the asset manages to break this resistance with an increase in trading volume, the next technical targets become US$ 1.960 and, subsequently, US$ 2.160.
In addition to chart factors, investors are closely watching the United States regulatory landscape. The possible approval of the CLARITY Act in the coming months is seen by part of the market as a potential catalyst to increase institutional confidence in cryptocurrencies, which could directly benefit Ethereum.
