Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Ethereum trades near $2,185 with key support tested and $2,680 CME gap as upside target amid $16B institutional holdings.

Technical Signals
18 May 2026
Blockonomi
View Source
Neutral
pluang ai news

Ethereum is currently trading around $2,185, testing critical support levels at $2,170 and $2,122 amid weak buying momentum indicated by RSI and MACD. To trigger a strong upward move, ETH must break resistance between $2,300 and $2,501 before targeting an unfilled CME futures gap near $2,680, where $11 billion in short positions risk liquidation. Institutional interest remains strong, with companies holding 7.33 million ETH valued at $16 billion, representing about 6% of total supply, which could tighten market availability and support price stability. Analysts see potential for a rebound if support holds, with a longer-term bullish pattern suggesting a possible rise toward $7,000 if a breakout occurs.

More News (ETH)

Bitcoin falls to two-week low amid $661M liquidations and rising bond yields, ETF outflows signal cautious institutional demand.

Bitcoin falls to two-week low amid $661M liquidations and rising bond yields, ETF outflows signal cautious institutional demand.

Bitcoin dropped to around $76,700, its lowest in two weeks, triggered by rising Treasury yields and reduced investor risk appetite. This led to $661 million in crypto position liquidations, mostly long positions, highlighting market vulnerability. U....

Market News
Bearish
4 hours ago
Ethereum options open interest dips to $6.61B as traders favor short-term calls amid cautious bullishness.

Ethereum options open interest dips to $6.61B as traders favor short-term calls amid cautious bullishness.

Ethereum options open interest decreased slightly to $6.61 billion, with traders focusing on short-term call options around the $2,250–$2,450 strike prices. Calls represent about 60% of open interest, indicating a bullish bias, while puts still hold ...

Market News
Neutral
7 hours ago
Bitcoin and major cryptos fall after Trump's warning to Iran raises geopolitical fears.

Bitcoin and major cryptos fall after Trump's warning to Iran raises geopolitical fears.

Bitcoin dropped below $77,000 and other major cryptocurrencies like Ethereum, XRP, and Dogecoin also declined following President Donald Trump's warning to Iran, which heightened geopolitical tensions. Over $580 million in crypto positions were liqui...

Market News
Bearish
8 hours ago
Kiyosaki urges investors to buy bitcoin and hard assets to protect against inflation and currency risks.

Kiyosaki urges investors to buy bitcoin and hard assets to protect against inflation and currency risks.

Robert Kiyosaki, author of Rich Dad Poor Dad, reinforced his bullish outlook on bitcoin, linking it to protection against inflation, rising national debt, and weakening fiat currencies. He warned that geopolitical tensions and government debt could d...

Market News
Bullish
11 hours ago
Ethereum's network growth defies bearish views, aiming for multi-trillion market cap despite price dips.

Ethereum's network growth defies bearish views, aiming for multi-trillion market cap despite price dips.

Despite recent price declines, Ethereum's core fundamentals show rapid network expansion and strong adoption, particularly in Layer-2 scaling and Real-World Asset tokenization. Industry expert Ryan Berckmans highlights that skepticism now centers on ...

Protocol Fundamentals
Neutral
13 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App