$Ethereum is getting hammered alongside $Bitcoin, now trading near $2,710–2,730, well below the crucial $3,200 zone that acted as support for weeks.
Ethereum price in USD in the past month - TradingView
The rejection from every attempt to reclaim $3,200 triggered this clean breakdown, pushing ETH into a steep downtrend.
Based on the ETHUSD chart, three points stand out clearly.
ETH/USD 2-hour chart - TradingView
Every attempt to push higher was sold off (yellow arrows).
The final breakdown happened right here, confirming bearish structure.
ETH is trying to bounce at the current green support, but:
This is NOT a reliable support.
The next meaningful level is $2,400, marked in yellow.
ETH has shown strong reactions here in the past (green circles).
If BTC tests $80K, ETH almost certainly revisits this level.
Weak support. Bounce possible. Trend unchanged.
Strongest nearby support.
Most realistic next target.
If the market continues crashing—especially if BTC breaks below $80K—ETH can fall straight into this zone.
This level historically triggered heavy buybacks.
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