Ethereum (ETH) has been under the general sale in recent weeks, leaving many investors unsure of when to enter the market. Anyway, Lingrid. TradingView crypto expert, has entered, pointing to what he calls the “Kill Zone,” which indicates the best entry point for traders looking to buy ETH at the best price before making a big move.
Analyst Flags Ethereum Kill Zone As Prime Buy Area
On May 20, Lingrid he shared TradingView’s new analysis of the price of Ethereum, explaining what they believe good place to shop for investors and traders who want to accumulate during market movements.
Collaborative Reading
According to the analyst, ETH recently broke sharply from the “primary shaded wedge pattern,” shown on the chart on this page. He noted that the disruption caused a major decline, pushing the price of ETH to $2,070. He said the move has done its job in removing it higher positions and pave the way for ETH to make a new recovery.
Lingrid also pointed out that the price of Ethereum has been firm above a long line of macro support, which he sees as confirmation that the bottom of the structure exists. Based on this, he ETH price changeindicated by the purple arrow on the chart, it looks for a clean retracement of the broken system, up to $2,300.
Especially, Lingrid said warned of a potential trap in advance of traders who shorten this damage. He said that the salesmen are already there selling fear recently broken limits without realizing a major rising trendline while sitting below it.
He also noted that institutional investors are quietly using ETH’s $2,100 liquidity zone to You can find out the stock price history of Ethereum ETFs at a very low price, preparing to trap late sellers as soon as prices pull back. For traders looking to enter the market, Lingrid places its ideal buying position for Ethereum between $2,100 and $2,135. He described the area of accumulation as a cryptocurrency of the “Killing Zone” and gave a stop-loss at $2,040 which controls the risk in trading.
ETH Eyes $2,300 Push Quickly As Organizations Accumulate
In his analysis, Lingrid said that the main price of Ethereum is likely to go to $ 2,300, which corresponds to the high internal level on his chart. He believes that the rise of ETH and its establishment is strong enough to push its price to the same level in the short term.
On the technical side, Lingrid said that from Wednesday, May 20, 2026, Ethereum mainnet gas price it dropped to a 12-month low of 3 gwei, following the positive optimization associated with Change of Pectra. He added that this development adds an important dimension to his development plan.
Lingrid also noted that the digital asset market had come under pressure earlier this week following regulatory changes by the Federal Reserve. New Fed Chairman Kevin Warsh. Despite this, the analyst pointed out that Ethereum’s on-chain data shows that institutional inflows have quietly increased over the past 24 hours.
Collaborative Reading
He added that the sale, which was designed to clear the trading floor and allow organizations to acquire ETH at lower prices, has ended. With that part, Lingrid believes that the price of Ethereum is finally preparing to push quickly back to $ 2,300.
Image taken from CFI, chart from TradingView
