# Ethereum Faces Major Hurdle on Path to $2K ETH price analysis: Will key resistance level signal a new trend? - **Source:** [CryptoPotato](https://brifing.si/source/bd22636b-ec8d-42a8-8cca-1937c50e0f6c) - **Published:** 2026-07-12 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/7c1a43bf-7edd-4fb1-8419-00f8a019101b ## Technical barrier in the uptrend Ethereum has shown strong recovery from June lows but now faces significant technical resistance at $1,800-$1,850. This zone coincides with the descending trendline since May and former support level. The asset continues to trade below key moving averages, maintaining bearish pressure. ## Structure on 4-hour chart The short-term chart reveals a clear ascending channel formed since late June. Price maintains structure above $1.72-$1.74 support while making higher highs. However, approaching channel top and $1.83-$1.85 resistance increases potential for profit-taking. ## Liquidity map insights Binance's liquidation heatmap shows concentrated short liquidity at $1.95-$2.1K, overlapping with daily resistance and 100-day MA. Market may first target these liquidity pools before determining next major directional move. ## Critical resistance test The $2K-$2.1K zone represents both technical resistance and liquidity concentration. Breakthrough could signal bullish trend reversal, while rejection might lead to retest of $1.45-$1.55K support area. ## Moving averages' significance The 100-day MA sits at $2K-$2.1K while 200-day MA remains at $2.2K, both still trending downward. Sustained move above these levels would require substantial buying pressure to confirm broader trend change. ## Direction-defining weeks ahead Ethereum's reaction at key resistance levels in coming weeks will determine mid-term trend direction. Post-liquidation sweep reactions may also provide important signals for overall crypto market risk appetite. ## Sources covering this story - https://cryptopotato.com/ethereum-price-analysis-eth-reaches-its-biggest-obstacle-on-the-road-to-2k/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._