ETH Price Stable as Schwab Launches Direct ETH Trading
Ethereum (ETH) price has been stable around $2050 over the past 24h, underperforming a nearly flat Bitcoin, primarily due to derivatives pressure from nearby liquidation zones.
With a market capitalisation of $80 billion on Saturday, Ethereum has seen a significant drop in trading volume. According to CoinMarketCap trading data, ETH volume has slumped by 48% over the past 24 hours to $7.4 billion amid broader selloffs in the crypto market.
Crypto analysts maintain a positive outlook for the second largest digital asset, acknowledging that high leverage and nearby liquidation bands create overhead resistance and amplify downside risk.
Coinglass data shows $801 million in ETH short positions are at risk if price rises above $2,149, while $739 million in leveraged longs face liquidation below $1,960.
With a price near $2,050, these bands act as a gravitational pull, discouraging aggressive moves in either direction and contributing to the slight decline.
The market is trapped by its own leverage, making every $100 move a potential trigger for forced buying or selling that can amplify volatility. A decisive break above $2,070 or below $2,024, which could trigger the next wave of liquidations and dictate short-term direction.
The entire crypto market cap dipped 0.06% as risk assets reacted to heightened U.S.-Iran conflict. Bitcoin was nearly flat (-0.067%), but Ethereum’s larger drop suggests it absorbed slightly more selling pressure, possibly due to rotation or its higher beta to macro sentiment.
Ethereum’s move wasn’t isolated; it reflected a cautious, macro-driven environment in which traders are reducing risk exposure.
Ethereum’s minor decline stems from a leverage-heavy market structure wary of geopolitical shocks. The path of least resistance remains sideways unless key technical levels break.
Ethereum’s news is dominated by a major leap in institutional access and continued developer innovation. Charles Schwab, a financial giant with over $11.9 trillion in assets, confirmed it will launch direct spot trading for Bitcoin and Ethereum in the first half of 2026.
The new “Schwab Crypto” accounts will allow clients to own the assets directly, moving beyond indirect exposure through ETFs. An early-access waitlist is now open.
This is bullish for Ethereum because it opens the door to tens of millions of mainstream investors through a trusted, regulated channel. XRP Gains as Ripple Taps Convera to Power Cross-Border Stablecoin Payment
