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Ethereum Price Risks Falling to $1K Next, Analysts Warn
ETH
ETH/USDT
$2,502.08
+1.99%
$2,502.08
+1.99%
(24s)24h Volume
$7,121,172,596.95
24h H/L
$2,523.97 / $2,450.00
Change: $73.97 (3.02%)
Long/Short
58.8%
Long: 58.8%Short: 41.2%
Funding Rate
+0.0013%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:50 PM UTC)
1 min read
Market analysts say Ether’s (ETH) price may drop to $1,000 if a breakdown from a bearish chart pattern is confirmed.
Key takeaways:
- Ether’s bear flag targets 50% ETH price drop to $1,075.
- Ether risks over $1.70 billion in long liquidations if the price breaks below $2,000.
- Whale accumulation weakens as major ETH holders reduce exposure.
Ether’s bear flag targets $1,000 ETH price
Ether’s downtrend…
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