Ethereum (ETH) was under great sales pressure in recent weeks, leaving many small investors at a loss as to when to enter the market. However, Lingrid, tradingview crypto expert, stepped in, designating an area it calls the “Kill Zone”, which reveals the most ideal entry point for traders looking to buy ETH at the best possible price before the next major move.
Analyst Marks Ethereum Kill Zone as Prime Buy Area
On May 20, Lingrid divided new TradingView analysis of the price of Ethereum, outlining what it believes to be ideal shopping area for investors and traders looking to accumulate during the current market downturn.
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According to experts, ETH has recently broken sharply from the “primary shaded wedge pattern” highlighted on its accompanying chart. She noted that the crash triggered a major leverage wash, pushing the price of ETH to $2,070. She added that the move did its job of clearing things up over-leveraged positions and paves the way for ETH for a potential new recovery.
Lingrid went on to point out that the price of Ethereum has held right above the long-term rising macro support line, which she sees as confirmation that a structural bottom is in place. Based on this, her recovery plan for ETHindicated by the purple arrow on the chart, it is targeting a clean retracement of the broken structure, reaching $2,300.
Namely, Lingrid has warned of a potential pitfall ahead for traders who short this breakdown. She said that small investors are already panic selling recently broken wedge border without noticing the major macro uptrend line that is just below it.
She also noted that institutional investors are quietly using ETH’s $2,100 liquidity zone to accumulate spot Ethereum ETFs at a significantly lower price, preparing to catch late short sellers once prices rise again. For traders looking to enter the market, Lingrid places its ideal Ethereum buying zone between $2,100 and $2,135. She described this area of accumulation as the “Kill Zone” of cryptocurrencies and set a stop-loss at $2,040 for those managing risk in the trade.
ETH sees rapid rally to $2,300 as institutions pile in
In her analysis, Lingrid noted that her primary price target for Ethereum is a potential move toward $2,300, which is in line with the upper internal trendline on her chart. She believes that ETH’s momentum and setup is strong enough to push its price to that level in a relatively short period of time.
On the more technical side, Lingrid noted that as of Wednesday, May 20, 2026. Ethereum mainnet gas fees dropped to a 12-month low of 3 gwei, following a successful optimization patch associated with Pectra upgrade. She claimed that this development lends fundamental support to her optimistic view.
Lingrid also noted that the broader digital asset market came under pressure earlier this week following structural adjustments by the Federal Reserve under newly appointed Fed Chairman Kevin Warsh. Despite this, the analyst noted that Ethereum’s on-chain data shows that institutional stake inflows have quietly increased over the past 24 hours.
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She concluded that the engineered sell-off designed to wash out retail positions and allow institutions to accumulate ETH at lower prices is now over. After the end of that phase, Lingrid believes that the price of Ethereum is finally preparing for a quick return towards $2,300.
Featured image from CFI, chart from TradingView
