Close Menu
    Trending
    • Bitcoin Exchange Inflows Spike After $123,000 Peak
    • Can Ethereum Outsmart Quantum Apocalypse? Buterin Thinks So
    • TRUMP Meme Coin Leads This Week’s $1.57B Token Unlock Wave
    • Retail Investors Drive Bitcoin to New Highs as Demand Outpaces Supply
    • Bitcoin Is Not Stopping At $123,000 — Technical Indicators Point To $140,000 Top
    • SharpLink Loads Up on $180M Worth of ETH in 5 Days
    • Why do technical levels matter in crypto trading?
    • Pump.fun Raises $500,000,000 After Initial Coin Offering Sells Out in Just 12 Minutes
    Simon Crypto
    • Home
    • Crypto Market Trends
    • Bitcoin News
    • Crypto Mining
    • Cryptocurrency
    • Blockchain
    • More
      • Altcoins
      • Ethereum
    Simon Crypto
    Home»Cryptocurrency»Is ETH Staging a Push Toward $2.8K or Facing a Crash to $2K?
    Cryptocurrency

    Is ETH Staging a Push Toward $2.8K or Facing a Crash to $2K?

    Team_SimonCryptoBy Team_SimonCryptoJune 27, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    After breaking under the ascending flag sample, Ethereum has retraced to retest the damaged trendline. Ought to the promoting at this stage strain intensify, a deeper decline towards the $2K help zone might observe.

    By Shayan

    The Every day Chart

    ETH not too long ago broke down from its ascending flag sample, triggering a corrective part. After discovering sturdy help across the $2.1K stage, the cryptocurrency bounced and retraced towards the damaged trendline at $2.4K, the place it now seems to be encountering resistance.

    Regardless of the rebound, the dearth of serious volatility and waning momentum round this key stage means that patrons are exhausted. If the promoting strain intensifies right here, ETH is more likely to full its pullback and lengthen its correction.

    On this case, the $2K mark is rising as the following key defensive zone the place the bulls might try to regain management.

    Supply: TradingView

    The 4-Hour Chart

    Zooming into the 4-hour timeframe, ETH initially discovered sturdy help inside the 0.5–0.618 Fibonacci retracement zone, a traditionally dependable stage throughout corrections.

    The sharp response from this vary led to a fast transfer upward. Nonetheless, the rally has now stalled exactly on the earlier flag’s decrease boundary, which at present acts as resistance close to $2.4K.

    This rejection will increase the chance of one other downward leg, except the patrons are capable of swiftly reclaim management. The $2.1K zone, which overlaps with the Fib help, stays a key battleground.

    So long as this space holds, the market construction retains a bullish bias. If breached, nevertheless, it could pave the way in which for a deeper decline towards $2,000.

    eth_price_chart_2706252
    Supply: TradingView

    By Shayan

    The funding fee metric serves as a vital gauge of dealer sentiment inside the futures market. Sometimes, in a wholesome and sustainable uptrend, funding charges improve steadily, reflecting rising curiosity from lengthy place merchants throughout each the perpetual futures and spot markets.

    Nonetheless, latest tendencies reveal a decline in Ethereum’s funding charges, signalling waning bullish momentum and potential purchaser fatigue. This shift raises the chance of a short-term rejection and deeper corrective motion.

    That mentioned, as funding charges strategy the impartial zone close to zero, it could counsel a reset in leveraged positions, indicating that the market is cooling off. This setting typically precedes renewed demand and will pave the way in which for a robust bullish continuation as soon as the present consolidation part concludes.

    eth_funding_rates_chart_2706251
    Supply: CryptoQuant
    SPECIAL OFFER (Sponsored)

    Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome supply on Binance (full details).

    LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!

    Disclaimer: Data discovered on CryptoPotato is these of writers quoted. It doesn’t signify the opinions of CryptoPotato on whether or not to purchase, promote, or maintain any investments. You might be suggested to conduct your individual analysis earlier than making any funding selections. Use supplied data at your individual threat. See Disclaimer for extra data.

    Cryptocurrency charts by TradingView.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    TRUMP Meme Coin Leads This Week’s $1.57B Token Unlock Wave

    July 15, 2025

    SharpLink Loads Up on $180M Worth of ETH in 5 Days

    July 14, 2025

    Bhutan Dumps Bitcoin? $173M Sent to Binance in Days

    July 14, 2025

    Coinbase Denies Bombshell Claim it Fueled Trump-Binance Hit Piece

    July 14, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Top Posts

    Forget the ECB — Czechia Should Embrace Bitcoin on Its Own Terms

    January 31, 2025

    ad

    About us

    Welcome to SimonCrypto.in, your ultimate destination for everything crypto! Whether you’re a seasoned investor, a blockchain enthusiast, or just beginning your journey into the fascinating world of cryptocurrencies, we’re here to guide you every step of the way.

    At SimonCrypto.in, we are passionate about demystifying the complex world of digital currencies and blockchain technology. Our mission is to provide insightful, accurate, and up-to-date information to empower our readers to make informed decisions in the ever-evolving crypto space.

    Top Insights

    Liquidium debuts cross-chain lending to unlock over $4 billion idle Bitcoin in DeFi

    May 30, 2025

    The last Blog Post | Ethereum Foundation Blog

    February 11, 2025

    What controversial DAO governance proposals are currently underway?

    June 14, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 SimonCrypto All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.