Price Prediction
Ethereum Faces $2,000 Price Warning
Ethereum (ETH) could fall to $2,000 as key signals, including whale distribution, are pointing to a possible downside move. The price drop is attributed to large holders reducing their positions by approximately $348 million in ETH, while ETH held on exchanges has risen by $240 million. The crypto analyst predicts ETH to break down from a right-angled ascending broadening formation on the daily chart, potentially reaching $2,000 if selling pressure persists.