Ethereum (ETH) is currently trading at approximately $1,950, marking a significant point on its logarithmic regression chart, a technical indicator historically associated with market bottoms. Despite recent market volatility, ETH has maintained a strong support level, attracting institutional interest. The cryptocurrency's network utility, bolstered by Layer-2 adoption and the Dencun upgrade, provides resilience against macroeconomic challenges. Prominent crypto trader Crypto Tice highlighted this setup on social media, suggesting that the current price level represents a secondary buying opportunity following initial lows. The log regression model, which plots price on a logarithmic scale, indicates that ETH is at a critical retest point. Historically, such points have been favorable for accumulation by "smart money," distinguishing active participants from passive observers. Ethereum's fundamentals remain robust, with post-Merge upgrades enhancing scalability and Layer-2 solutions driving adoption. However, macroeconomic factors, including interest rates and geopolitical tensions, pose risks. Traders are advised to monitor key support at $1,900 and resistance near $2,100, while conducting thorough research and risk management.