Ether is at risk of dropping below the 1,900 USD level, which may trigger heightened investor demand and facilitate recovery from a three-month downtrend.

Juan Pellicer from IntoTheBlock states that about 4.3 million ETH were historically purchased in the range of 1,848 USD–1,905 USD, indicating crucial support levels.

Nicolai Sondergaard from Nansen highlights that while a drop below 1,900 USD is possible, recent whale accumulation suggests that prices may not fall much lower.