ETH price targets $2.5K–$2.7K face weak demand risk

Ethereum (ETH) is eyeing the $2,500–$2,700 zone, but AMBCrypto warns weak demand could cap gains. Over the past 24 hours, ETH saw $80.2M in liquidations, including $65.6M long liquidations—small versus $1.1B on Jan 31, when liquidation failed to change sentiment. Key levels matter for traders. The aggregate realized price sits near $2,353, suggesting the $2.4K area could trigger profit-taking at breakeven if rallies start in fearful conditions. On the higher timeframe, the weekly chart remains bullish, with the 78.6% Fibonacci retracement around $2,147, which bulls have tried to reclaim after losing it in February. However, On-Balance Volume (OBV) formed a lower low versus April 2025, and MACD has not yet crossed bullish—signs that momentum may not have fully flipped. Timeframes are mixed: daily structure looks bearish, while H4 is bullish. The article also stresses ETH often follows Bitcoin (BTC). An optimistic path depends on BTC staying in rally mode; if BTC pushes above $80K in the coming weeks, ETH could move toward the $2,770–$3,049 “golden pocket” and potentially test $2.5K–$2.7K. Risks: if demand stays weak (as OBV hints), any attempt to rally may stall near the realized-price area due to faster sell-offs from leveraged and spot holders.