Ethereum Price Near $2,150 Pivot as Analysts Weigh Double-Digit Upside or Return to $2,000

Ethereum recently approached a monthly high close to $2,200 before easing to around $2,120, with several analysts highlighting $2,147–$2,150 as a pivotal resistance band. Some market commentators foresee a potential advance toward $2,335–$2,542 or the $2,400 area if ETH can secure a daily close above that zone, while others warn that a breakdown below about $2,109 may open the way to sub‑$1,900 prices or a retest of $2,000. On March 5, exchange balances in ETH fell to roughly 15.93 million, the lowest level since 2016, even as the RSI briefly crossed above 70, pointing to a mix of bullish supply data and overbought technical readings.