The unrealized profit ratio for whales holding over 100,000 ETH has surpassed zero, indicating a potential price rebound. This was highlighted by an analyst known as CW.
“Typically, loss zones for large holders are at the bottom [of the trend line]. When whales move into a profitable state, this point marks the beginning of an upward movement,” the expert noted.
Historically, after this group of investors returns to the breakeven zone, the ETH rate has risen by an average of 25% over three months. After six months, the asset showed a 50% increase, and after a year, a 300% rise.
If this pattern holds, ETH prices could approach $2750 by June and exceed $3200 by September.
However, the whale unrealized profit indicator is not flawless. It failed in 2018, when ETH fell by 17.5% a month after the metric’s reversal, followed by a nearly 70% correction.
Other Reversal Signals
A user named Sky noted that the current price around $2000 is the level where the highest trading volume is recorded. In his view, a bounce should occur at this point.
$ETH is holding the price where there was the most volume — I would think that we bounce here.
I’ll quote this if I’m wrong. pic.twitter.com/GaI6vGKxTH
— Sky (@TheSkayeth) March 22, 2026
An analyst known as James pointed out the continued dominance of ETH. The indicator broke through a local resistance zone and is heading towards 11%.
$ETH Dominance
Still holding a key area & PLENTY of room to run.
Current plan:
— Accumulate sub $2,000 if the opportunity arises
— Wait for ValhallaETH will once again reign supreme. pic.twitter.com/akiIrYmqRc
— James (@JamesEastonUK) March 21, 2026
Thanks to this, Ethereum still holds a key support level, leaving potential for growth, according to the researcher.
At the time of writing, the second-largest cryptocurrency by market capitalization is trading at $2075, having lost 3.5% in a day.
Earlier, investment bank Citigroup revised down its annual Ethereum price forecast from $4304 to $3175. For Bitcoin, the estimate was reduced from $143,000 to $112,000.
