Ethereum rejects $2,180 support, rising wedge targets $1,500 support

ETH rejects $2,180 band; rising wedge puts $1,500 in view.

Ethereum shows an early rising wedge. The 2D Bull Market Support Band near $2,180 was rejected. Source. A breakdown keeps $1,500 as the next HTF level. Source.

Luca sees rejection at the lost HTF support range. That zone aligns with the 2D band at $2,180. Luca’s update. HTF context.

Since early February, price forms a rising wedge. It’s a caution sign for upside attempts. Chart. Rally context.

No clear long bias yet. Bulls need a durable breakout above the lost HTF range and the 2D band. Luca stays hedged until that happens. Breakout levels. Luca’s stance.

Base case per Luca is more chop in the lost range. If pressure holds, watch the early April 2025 lows near $1,500. Support to watch.

End-of-week setups appear. Lennaert Snyder tracks near-term levels. Snyder’s plan.

Price holds the $2,036 low for now. He notes SMT alignment with Bitcoin. Market read.

His triggers are clear. Short on a sweep and rejection above $2,099 with a bearish MSB. Or long on a clean break above $2,099 toward $2,163. Levels and triggers.

Watch today’s NFP. It can spike volatility across crypto. Event risk.