Here’s The Ethereum Descending Triangle Structure That Threatens A Crash Below $2,800

2 hours ago

Ethereum has been having a hard clip implicit the past fewer months aft hitting a marque caller all-time high backmost successful August 2025. The past 4th of the twelvemonth has been particularly brutal, with the cryptocurrency’s terms down much than 29% successful Q4 2025. Despite this abysmal performance, things person failed to crook around, with method indicators continuing to constituent to further diminution for the altcoin. The latest of these is the quality of a descending triangle structure, that carried the committedness of further downside.

Ethereum Price Is Still Not Bullish

As crypto expert Alpha Trade Scope points retired successful a TradingView post, the Ethereum terms illustration is inactive showing large signs of weakness. For example, the digital plus saw its terms crash beneath a descending trendline, and this has marked the continuation of the downtrend that began 3 months ago.

The existent terms inclination has led to the enactment of a descending triangle structure, which emerged aft the cryptocurrency completed an impulse move. Not lone this, the inclination of signaling little highs has been grounds of the accrued selling unit connected the cryptocurrency. Doing this beneath the aforementioned descending trendline conscionable lends credence to the information that the downtrend is not over.

There has besides been a large displacement successful the market operation of the Ethereum price. For one, determination was a Change of Character (CHoCH), which shows that the Ethereum terms is nary longer bullish, but is alternatively much bearish astatine this point.

Resistance has besides mounted astatine the $3,000 level implicit time, and the terms has been trading good beneath this absorption for a portion now. Also, the Ethereum terms is caught successful a choky range, trading wrong the Fair Value Gap (FVG) mapped retired betwixt $2,930 and $2,960. This shows the rising absorption astatine this level, that could service arsenic a rejection successful the lawsuit of a betterment attempt.

How Low Can The ETH Price Go?

If the existent bearish inclination holds and the Ethereum terms does get rejected, past the archetypal people for the downside lies astatine $2,815. This archetypal people serves arsenic the archetypal enactment for the cryptocurrency and the destination for an archetypal liquidity expanse arsenic investors merchantability into the decline. However, it is not the last target.

In the lawsuit of a further break, past $2,800 is expected to springiness way, starring to the 2nd large people astatine $2,748. This people is more of a large request zone and is much apt to trigger a bounce owed to the mounting buying unit astatine this point. “The illustration presents a classical bearish continuation setup, favoring downside enlargement if enactment breaks with confirmation,” the expert said.