Ethereum Faces Potential 25% Drop to $1,800 Amid Bearish Outlook

币界网报道:Ethereum (ETH) is facing a potential 25% price drop, with analysts warning it could fall to $1,800 amid bearish market sentiment. Technical indicators show ETH breaking below key support levels, raising concerns of further declines. Market experts attribute the downward pressure to weakening demand, macroeconomic uncertainties, and reduced institutional interest in crypto assets. The bearish outlook comes despite Ethereum's upcoming network upgrades, which were previously expected to bolster prices. Trading volumes have declined significantly, suggesting limited buying interest at current levels. Some analysts note that ETH's price action mirrors broader crypto market trends, with Bitcoin also struggling to maintain support levels. If the $1,800 support fails, traders anticipate accelerated selling pressure toward $1,500. However, long-term holders remain cautiously optimistic about Ethereum's fundamentals, citing its dominant position in decentralized finance (DeFi) and ongoing development activity. The market awaits clearer signals on whether this correction represents a buying opportunity or the start of a deeper downtrend.

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