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via Cointelegraph · By Cointelegraph Staff
Ethereum Price Risks Falling to $1K Next, Analysts Warn
ETH
ETH/USDT
$1,887.68
+0.20%
$1,887.68
+0.20%
(24s)24h Volume
$1,622,169,483.64
24h H/L
$1,889.00 / $1,877.01
Change: $11.99 (0.64%)
Long/Short
66.9%
Long: 66.9%Short: 33.1%
Funding Rate
+0.0045%
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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