Altcoins News

Story: DonAlt Buys Ethereum Near $1,878 Despite Key Resistance Zone Overhead

By James Thorp

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The Contingency Plan Below $1,800. He's got a backup position ready if things go south.

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What DonAlt Thinks About Retail Traders. He didn't hold back on retail investors. DonAlt's critique is pretty blunt: retail participants…

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Crypto trader DonAlt is buying Ethereum right now. Not waiting, not watching — buying, at $1,878, even as the price sits just below a wall of resistance that makes most traders…

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DonAlt isn't exactly a nobody. He called XRP's 700% rally in 2024, which is the kind of track record that makes people pay attention when he moves.

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The resistance zone he's walking into sits between $2,000 and $2,200. That's not a small ceiling.

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He's got a backup position ready if things go south. If Ethereum pulls back and tests the support range around $1,750 to $1,800, DonAlt said he'll add to his position rather than…

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That support zone isn't arbitrary. The $1,750–$1,800 range has held up as a meaningful floor in recent price action, and DonAlt seems to be treating it as his real anchor point,…

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Meanwhile, Ethereum's broader market structure looks relatively solid compared to Bitcoin, which has been grinding sideways near $63,000.

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He didn't hold back on retail investors. DonAlt's critique is pretty blunt: retail participants tend to lose their heads in both directions.

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See also: AI Reasoning Models Leak 62 Live API Keys Through Single Encryption Key Flaw

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It's not a new idea, but it's clearly baked into how he thinks about timing.

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And Ethereum isn't just another trade for him. DonAlt has a personal history with the asset that goes back to an early BitMEX trade — a leveraged position he entered at $84.

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That said, the emotional dimension is there. He's been waiting for a better entry. He didn't get one.

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The fact that he's sharing all of this publicly matters too. DonAlt has a following, and when traders with his track record announce positions openly, it tends to move opinions —…

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Related: Fidelity Ethereum Fund Adds Staking With 85% Reward Split for FETH Holders

The Currency Analytics

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