Ethereum Crashes Again: Momentum Turns Brutally Bearish
$Ethereum is getting hammered alongside $Bitcoin, now trading near $2,710–2,730, well below the crucial $3,200 zone that acted as support for weeks.
Ethereum price in USD in the past month – TradingView
The rejection from every attempt to reclaim $3,200 triggered this clean breakdown, pushing ETH into a steep downtrend.
Chart Analysis: ETH Lost All Major Levels
Based on the ETHUSD chart, three points stand out clearly.
ETH/USD 2-hour chart – TradingView
1️⃣ $3,200 – Broken Support, Now Strong Resistance
Every attempt to push higher was sold off (yellow arrows).
The final breakdown happened right here, confirming bearish structure.
2️⃣ $2,730 – Weak Reaction Zone
ETH is trying to bounce at the current green support, but:
- This level has little historical strength
- Stoch RSI is oversold → short-term bounce possible
- Trend remains aggressively bearish
This is NOT a reliable support.
3️⃣ $2,400 – First Major Support Below
The next meaningful level is $2,400, marked in yellow.
ETH has shown strong reactions here in the past (green circles).
If BTC tests $80K, ETH almost certainly revisits this level.
Ethereum Price Prediction: Next ETH Targets
🟡 $2,730 (current zone)
Weak support. Bounce possible. Trend unchanged.
🟡 $2,400
Strongest nearby support.
Most realistic next target.
🔴 $2,200 – Panic Support
If the market continues crashing—especially if BTC breaks below $80K—ETH can fall straight into this zone.
This level historically triggered heavy buybacks.
Source: https://cryptoticker.io/en/ethereum-price-crashes-toward-key-support-here-are-the-next-targets/
