Crypto analyst Michaël van de Poppe, evaluating the recent technical outlook for Ethereum (ETH), stated that the bullish scenario is becoming increasingly stronger. According to the analyst, the high lows and high highs formed on ETH’s daily chart highlight the possibility of an upward breakout.
Van de Poppe noted that Ethereum’s daily chart “is starting to look better day by day,” and highlighted the $1,870 and $2,000 levels in the current market structure.
According to the analyst, if ETH loses the $1,870 level, the decline could be quite rapid due to the high liquidity zones below the price. In such a scenario, it is possible for ETH to fall below $1,700 and then recover.
However, Van de Poppe believes that the current technical structure supports an upward movement rather than a downward one. Noting the continued formation of higher lows and higher highs in the Ethereum price, the analyst therefore sees a higher probability of an upward breakout.
$2,000 is a Critical Threshold for Ethereum
According to Van de Poppe, if Ethereum clearly surpasses the $2,000 level, the upward movement could become quite sharp. The analyst stated that after such a breakout, he doesn’t expect ETH to linger at significant resistance levels for long, and a surge similar to some of the rapid price movements seen in 2025 could occur.
Van de Poppe noted that ETH might encounter short-term resistance around $2,200 during its rise, adding that this could be an intermediate level within a larger move.
The analyst’s main upside target is the $2,800 level. Accordingly, a strong break above $2,000 could bring Ethereum’s price first to the $2,200 level and then to the $2,800 region.
On the other hand, the $1,870 level stands out as a critical support in a downward scenario. Van de Poppe warns investors that if this level is lost, a rapid liquidity movement towards below $1,700 could occur.
*This is not investment advice.
