Ethereum Holds Near $2,300 as Retail Frustration Meets Big ETH Buying
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ETH is trading near $2,300 again (April 2021 vs April 2026), highlighting retail frustration after five years of sideways price action. - Bitmine staked $214 million of ETH and now holds $8.45 billion in staked ETH, showing strong institutional staking demand and on‑chain adoption. - Analyst projects a potential $6,000 ETH by end‑2026 if the cycle repeats a 3.5x rally, implying significant upside but contingent on market dynamics and repeatable cycle behavior.
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- Analyst Ash Crypto noted ETH traded near $2,300 in both April 2021 and April 2026, reflecting retail frustration.
- Analyst Arkham said Bitmine just staked $214 million of ETH and now holds $8.45 billion in staked ETH.
- Analyst Borovik argued ETH could still target $6,000 by the end of 2026 if the current cycle repeats the 3.5x.
Ethereum is again trading near the same price zone that defined April 2021, and that comparison is feeding visible frustration among retail traders. On X, Ash Crypto posted that ETH sat near $2,300 in both periods and described the move as five years of wasted holding, pairing the comment with a weekly chart that showed price returning to a long-standing horizontal band.
Yet the tone looks very different on the institutional side. Arkham posted that Bitmine had just staked $214 million of ETH and now holds $8.45 billion in staked ETH, equal to…
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