Ethereum Nears Historic Buy Zone That Previously Sparked Major Rallies

What to Know

• Ali Charts identifies $1,100 support as Ethereum’s historic accumulation zone.
• Ethereum targets $3,000 and $5,000 if buyers defend key support.
• Weekly channel continues guiding Ethereum’s macro price structure today closely.

Crypto analyst Ali Charts has identified Ethereum’s $1,100 price level as a historic buy zone that has repeatedly sparked major market rallies. According to Ali Charts, every successful test of this support since 2021 has attracted strong buyer demand, making it one of the most significant levels for long-term investors. Ethereum currently trades near $1,570 after an extended market correction. Although the asset remains well above the highlighted support, continued weakness has brought it closer to an area that has historically marked the end of major declines.

According to the analyst, Ethereum’s long-term weekly chart continues to follow a broad trading channel that has contained price action for several years. Consequently, the lower boundary near $1,100 has become the primary level investors are monitoring for signs of renewed buying interest. Ali Charts explained that a successful defense of the support could provide a clear framework for long-term accumulation while also outlining potential recovery targets over the coming months.

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Ali Charts Maps Key Recovery Levels if Support Holds

The weekly chart shows Ethereum reaching nearly $4,800 during the previous bull market before entering a prolonged correction. However, each return to the lower boundary of the long-term channel has produced strong buying pressure and eventually led to sustained price recoveries. According to Ali Charts, that repeated pattern strengthens the significance of the $1,100 region within Ethereum’s broader market structure. As a result, another successful retest could reinforce the existing trend channel instead of signaling a structural breakdown.

The analysis identifies approximately $3,000 as the first upside objective if buyers defend the support. That level represents the midpoint of the long-term channel and could become an area where investors gradually secure profits as momentum improves. Additionally, the upper boundary of the channel sits near $5,000. Ali Charts noted that this level aligns closely with Ethereum’s previous cycle highs and serves as the broader macro target if the long-term channel remains intact.

Despite the optimistic outlook, the bullish scenario depends entirely on buyers maintaining control around the historic support. A sustained weekly close below $1,100 would invalidate the existing channel and increase the likelihood of a different long-term market structure. Ethereum continues to trade above the critical support zone, leaving market participants closely watching whether the coming weeks produce another successful defense similar to previous market cycles.

Conclusion

Ethereum remains above one of its most important long-term technical support levels. A successful defense of the $1,100 region could strengthen the case for a recovery toward $3,000 initially, while continued momentum may eventually open the path toward the $5,000 area if the broader trend channel continues to hold.

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