Ethereum Price Analysis: Will $1,800 Be Reclaimed in Next 72 Hours?

The Ethereum price analysis suggests that the cryptocurrency is holding its ground, but barely. Currently trading at around $1,775-$1,790, ETH is stuck between moving averages and institutional money is sending conflicting signals.

The addition of 27,801 ETH by BitMine Immersion Technologies last week has lifted its total holdings to 5.77 million ETH, worth approximately $10.25 billion at the current price. The firm's chairman, Thomas Lee, confirmed that it is now 96% of the way toward its goal of owning 5% of ETH's circulating supply.

The market is expected to make a significant move in the next 72 hours, with the potential for a dead-cat bounce or accumulation at the top. If ETH holds above $1,750-$1,770 support and ETF inflows sustain above $100 million per week, it could open up the $1,845-$1,865 resistance band.