It was Ethereum (ETH). Under intense selling pressure in recent weeks, leaving many retail investors unsure about when to enter the market. However, Lingrid, One of the crypto experts at TradingView, She steps in, identifying an area she calls the “kill zone,” which reveals the ideal entry point for traders looking to buy ETH at the best possible price before the next major move higher.
The analyst points to the Ethereum kill zone as a major buying area
On May 20, Lingrid subscriber New TradingView analysis of Ethereum price, showing what you think Ideal purchasing area For investors and traders looking to accumulate during the current market downturn.
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According to the expert, ETH recently collapsed sharply from the “underlying shaded wedge pattern,” shown on its accompanying chart. She noted that the crash led to a large influx of leverage, pushing the price of ETH down to $2,070. She added that this step accomplished its mission through disinfection Excessive attitudes And paving the way for ETH to start a new recovery.
Lingrid also noted that Ethereum price has remained firm above a long-term ascending macro support line, which it views as confirmation of a structural bottom. Based on this, it is Recovery Roadmap for ETHindicated by the purple arrow on the chart, targets a clean recovery of the broken structure, reaching $2,300.
It is worth noting that Lingrid did this He warned of a possible trap In front of the traders who sold this collapse. Individual investors already, she said Panic selling The recently broken wedge bordered without noticing the major uptrend line that lies directly below it.
I also noticed that institutional investors are quietly using the $2,100 liquidity zone in ETH Aggregate spot ETFs At a much lower price, and be prepared to hold up late short sellers as soon as prices rise again. For traders looking to enter the market, Lingrid places its ideal Ethereum buy zone between $2,100 and $2,135. She described this accumulation zone as the “kill zone” for the cryptocurrency and set a stop loss at $2,040 for those managing risks in the trade.
ETH eyes a quick push to $2,300 as institutions accumulate
In her analysis, Lingrid noted that the primary price target for Ethereum is a potential move towards $2,300, which is in line with the upper inside trend line on her chart. She believes that ETH’s momentum and preparation are strong enough to push its price to this level in a relatively short period.
On the technical side, Lingrid indicated that as of Wednesday, May 20, 2026, Gas fees on the Ethereum mainnet It fell to a 12-month low of 3GW, after a successful improvement correction associated with Promotion of bacteria. She said this development adds an essential layer of support to her bullish outlook.
Lingread also noted that the broader digital asset market came under pressure earlier this week following structural adjustments made by the Federal Reserve under… Newly appointed Federal Reserve Chairman Kevin Warsh. Despite this, the analyst highlighted that Ethereum Chain data shows that institutional staking flows have quietly risen over the past 24 hours.
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It concluded that the sale process designed to eliminate retail positions and allow institutions to accumulate ETH at lower prices has now been completed. With this phase over, Lingrid believes that the Ethereum price is finally preparing for a rapid rise towards $2,300.
Featured image from CFI, chart from TradingView
