Performance:$ETH is attempting to hold a key psychological level but is trading significantly below its recent highs.
Technical Look:
The price is under heavy pressure near the $3,050–$3,030 support zone it recently lost.
The next decisive downside target being watched by analysts is $2,870, which is aligned with the 200-day Exponential Moving Average (EMA).
If the selling accelerates, some traders are looking at a critical technical zone around $2,700.
Both $BTC and $ETH are in a state of Extreme Fear. While they are showing some short-term stability around their current prices, the overall trend is bearish. The key for BTC traders is whether the price can reclaim $85,000 or if it will fail and test the $74,433 - $70,000 support zone.
#ETHETFS #USStocksForecast2026

ETHUSDT
Perp
2,938.68
-0.13%

BTCUSDT
Perp
87,628.8
-0.90%