$ETH is currently trading around 1,987, slowly moving deeper into the yellow macro demand zone.

In 2022–2023, Ethereum spent months consolidating inside this same zone before any meaningful trend emerged

Again in March 2025, price broke below $2,000, entered this region, and consolidated for weeks

That consolidation ended with a strong reclaim on May 5, which ignited the next upside leg to ATH ( $4,956)

Now we’re back at the exact same area:

$2,000 is lost again

Price is accepting below it

Downside opens toward 1,800 → 1,650 → 1,500

🔼 If the zone holds

Sideways accumulation first

A clean reclaim above $2,000 would once again act as the short term bullish trigger