Ethereum crashes again: momentum turns inexorably bearish
$Ethereum has been slammed alongside $Bitcoin and is currently trading at a price close to $Bitcoin. $2,710 – $2,730well below the important point $3,200 A zone that served as support for several weeks.
Ethereum price in USD over the past month – TradingView
All attempts to recover $3,200 were rejected, leading to this complete collapse and pushing ETH into a steep downward trend.
Chart analysis: ETH lost all major levels
Based on the ETHUSD chart, three points clearly stand out.
ETH/USD 2 hour chart – TradingView
1️⃣ $3,200 – Broken support, now strong resistance
Any attempt to push higher was sold (yellow arrow).
The final breakdown occurred right here, confirming the bearish structure.
2️⃣ $2,730 – Weak reaction zone
ETH is about to rebound at the current green support,
- There is little historical strength at this level
- Stoch RSI is oversold → may rebound in the short term
- Trend remains aggressively bearish
This is not reliable support.
3️⃣ $2,400 – First major support below
The next meaningful level is $2,400marked in yellow.
ETH has had a strong reaction here in the past (green circle).
If BTC tests $80,000, ETH will almost certainly return to this level.
Ethereum Price Prediction: Next ETH Target
🟡 $2,730 (current zone)
Support is weak. Can be bounced. The trend remains unchanged.
🟡 $2,400
Best melee support.
The most realistic next target.
🔴 $2,200 – Panic Support
If the market crash continues, ETH could fall directly into this zone, especially if BTC falls below $80,000.
This level has historically triggered large-scale buybacks.
