- Ethereum Price Outlook: Ethereum faces resistance near the 20-day Exponential Moving Average (EMA)
Ethereum experienced liquidations totaling $78.3 million over the past 24 hours, driven by $48 million in long liquidations, according to Coinglass data.
On the daily chart, Ethereum is trading at $1,980. The short-term trend remains slightly bearish as the price stays below the 20-day EMA(EMA) near $2,025, keeping the spot price confined below the short-term trend indicator.
The Relative Strength Index (RSI)(RSI) remains in the mid-40s after bouncing from the oversold region, indicating a waning bearish pressure rather than a strong bullish dominance. The Stochastic indicator (Stoch)(Stoch) has fallen from high levels near 70, suggesting a slowdown in upward momentum after the recent rebound, keeping the asset in a consolidation phase rather than resuming a clear trend.
Daily chart of the ETH/USDT pair
Immediate resistance is seen at $2,108, and a break above this level could expose the price to $2,389, while the $2,746 level represents a stronger barrier aligned with the overall correction structure. On the downside, the initial support level is at $1,741, followed by $1,524, with a lower support at $1,405 in case selling pressure resumes.
Maintaining a level above $1,741 preserves the current stability, while a daily close above the 20-day EMA will start to tilt the trend toward bullishness.

“Small steps lead to a thousand miles.”
Fifty million—what does that really mean?
It’s about eight times the population of Singapore, and even more than the total population of many medium-sized European countries. By March 2026, Gate’s registered users officially hit this milestone. The number itself is never the point—anyone can find a big number to tell a story. What truly matters is what has happened behind these fifty million.
This industry has gone through countless “death moments”: the collapse of Mt.Gox, the burst of the ICO bubble, the FTX explosion… Each wave of upheaval has seen seemingly unshakable platforms fall apart. Those that remain are never the largest in scale but the most solid in foundation.
User numbers are just the result. Reaching fifty million is based on a simple yet difficult-to-maintain logic: prioritize users, ensure security first, and continuously improve the product. Currently, Gate’s reserve coverage ratio stands at 125%, and its spot and derivatives trading volumes have long ranked among the top three globally. These numbers reveal not just scale, but that in a highly competitive market, the platform has chosen a more challenging but more solid path.
The numbers will continue to grow. What’s more important is whether Gate can make the fifty million accounts’ real users feel that their assets are safe here, that they are appreciating, and that they are being taken seriously.
As always, this is just a good beginning.