Ethereum

ETH is historically outperforming BTC early in recoveries — as it did in 2022 — and with Polymarket pricing a year-end target of $2,000–$2,250, the $1,883 level sits at a critical inflection point between a failed recovery and a sustained breakout.

ETH has reclaimed the $1,880 pivot zone after a 6.6% surge on softer US CPI data, the SEC settled its Ethereum investigation records case on July 22, and rebounding spot ETF inflows signal renewed institutional demand ahead of the key $2,000 psychological resistance.

Main Risk

Vitalik Buterin ETH sell-offs & early-2026 supply overhang

Co-founder Buterin sold tens of millions in ETH in early 2026, creating a structural supply overhang; any renewed large wallet outflows near resistance levels could trigger sharp liquidations and abort the recovery.