Will Ethereum Bounce Back or Crash to $2K? Experts Warn!
Ethereum is trading near $2.5K after a sharp correction from the $2.7K resistance area, with a key support zone now under pressure. While ETH remains above its daily 100‑day and 200‑day moving averages, weakening momentum and a rising exchange supply ratio suggest further downside risk.
Market participants should watch for a potential breakdown toward the psychological $2K level, as the combination of fading momentum and increased exchange supply could outweigh the support provided by the moving averages.
Read the full story on Jornal Bitcoin →
More Ethereum news
- Ethereum ETFs Suffer Record Weekly Outflow – Investors Flee as Crypto Sentiment Turns Bearish
- SUI Skyrockets 54% in Just Four Weeks, Leaving Bitcoin and Ether in the Dust
- Optimism’s Bullish Signals Flash: OI, Funding Rate & Whales Hint at Next Rally
- Ether ETFs extend outflow streak to nine days as Solana funds snap record 14-week inflow run
- Bitcoin Holds $82K as BlackRock Sparks ETF Rebound After $21M Inflow
Latest crypto news
- Bitcoin Drawdown Flashes $74,500 Warning: Analysts See Two Buying Zones if Sell-Off Deepens
- Strategy Commands 91% of Corporate Bitcoin Purchases: More Bullish Than Ever!
- Elon Musk Claims His Companies Can Make Chips Better Than Anyone
- Filecoin’s Six‑Year Vesting Ends Soon – FIL Issuance Set to Drop about 75%, Sparking Scarcity Frenzy