{"id":24318,"date":"2026-03-24T11:48:30","date_gmt":"2026-03-24T11:48:30","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-price-near-2150-as-buy-zone-call-returns\/"},"modified":"2026-03-24T11:48:36","modified_gmt":"2026-03-24T11:48:36","slug":"ethereum-price-near-2150-as-buy-zone-call-returns","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-price-near-2150-as-buy-zone-call-returns\/","title":{"rendered":"Ethereum price near $2,150 as buy zone call returns"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>Ethereum (ETH) has returned to focus after new market data pointed to a possible bullish setup. Analysts are tracking valuation metrics, treasury buying, and exchange flows as ETH tries to build on its recent rebound.<\/p>\n<div id=\"cn-block-summary-block_b75dfcc6526b65bfe47fe89a1de82ddc\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ethereum price entered a buy zone after MVRV fell below 0.8, matching past cycle bottom signals.<\/li>\n<li>Bitmine bought $140 million in ETH this week, raising holdings toward its 5% supply target.<\/li>\n<li>Coinbase premium stayed negative, showing weaker U.S. demand even as Ethereum posted a sharp rebound.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The latest discussion centers on Ethereum\u2019s Market Value to Realized Value ratio, or MVRV, which has moved below 0.8. At the same time, Bitmine has expanded its Ethereum holdings, while Coinbase premium data has shown weaker demand from U.S. buyers.<\/p>\n<p>Crypto analyst Ali Martinez <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/alicharts\/status\/2036223466714935338?s=20\" target=\"_blank\" rel=\"nofollow\">said<\/a> Ethereum may have entered a \u201cgenerational buy zone\u201d after the MVRV ratio dropped below 0.8. He linked that reading to earlier market bottoms that later led to strong recoveries.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Martinez also said Ethereum\u2019s recent rebound was not random. He pointed to past cycles when similar retests were followed by rallies ranging from 149% to 587% after bottoms formed in 2018, 2020, and 2022.<\/p>\n<p>Ethereum posted a 7% rebound on Monday and briefly reached $2,186. At the time of reporting, ETH traded at about $2,152, holding part of that recovery after bouncing from lower levels.<\/p>\n<p>The setup has drawn attention because Ethereum remains far below its prior cycle peak. That has kept valuation models and recovery signals at the center of current market coverage.<\/p>\n<h1 class=\"wp-block-heading\"><strong>Bitmine expands its Ethereum position<\/strong><\/h1>\n<p>Arkham Research <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/arkham\/status\/2036364244623695923?s=20\" target=\"_blank\" rel=\"nofollow\">reported<\/a> that Tom Lee\u2019s Bitmine added $140.74 million worth of Ethereum over the past seven days. That pushed the company\u2019s total Ethereum holdings to about $10.03 billion.<\/p>\n<p>The report said Bitmine now controls around 3.86% of Ethereum\u2019s circulating supply. Its stated target is to accumulate 5% of the supply, which would require further large purchases in the coming weeks.<\/p>\n<p>Arkham also compared Bitmine\u2019s pace with Strategy\u2019s recent Bitcoin buying. While Strategy added about $76.6 million in Bitcoin this week, Bitmine\u2019s Ethereum purchases were larger during the same period.<\/p>\n<p>That treasury activity has added another layer to the Ethereum story. Market participants are now watching whether steady institutional buying can support price strength if broader demand improves.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Coinbase premium shows weak U.S. demand<\/strong><\/h2>\n<p>CryptoQuant analyst Arab Chain <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/quicktake\/69c220115b3e5f5175a7cc36-Coinbase-Premium-Signals-Weak-Demand-for-Ethereum\" target=\"_blank\" rel=\"nofollow\">said<\/a> Ethereum\u2019s Coinbase Premium Index fell to about -0.0149. That reading means Binance priced ETH above Coinbase, which points to softer demand from U.S. buyers.<\/p>\n<p>The data suggests that global trading activity remains stronger than buying activity on Coinbase. It also shows that the recent rebound has not yet gained firm support from U.S. spot demand.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Ethereum Coinbase premium index | Source: CryptoQuant<\/figcaption><\/figure>\n<p>A negative premium often signals weaker appetite or selling pressure on Coinbase. If that gap remains in place, it may limit the strength of Ethereum\u2019s recovery in the near term.<\/p>\n<p>If the premium moves back toward zero or turns positive, it could signal stronger U.S. buying flows. That shift would give Ethereum another support factor as traders assess the next move.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum (ETH) has returned to focus after new market data pointed to a possible bullish setup. Analysts are tracking valuation metrics, treasury buying, and exchange flows as ETH tries to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=24318"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24318\/revisions"}],"predecessor-version":[{"id":24319,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24318\/revisions\/24319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2167"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=24318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=24318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=24318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}