π’ Despite a major stock market correction, Ethereum is holding strong above the $1,800 support. Analysts believe the bottom may be in after a 44% drop in 2025, and downside risk now looks limited.
π ETH dominance has fallen from 20% to 8% since June 2023 β a multi-year low. Analyst Rekt Capital notes this zone has historically triggered strong ETH rebounds.
π Javon Marks spotted a bullish divergence, suggesting weakening bearish momentum. If this pattern plays out, bulls may target a rally toward $4,000, depending on a clean breakout.
π° The risk-reward ratio now favors buyers, with potential downside to $1,500, but upside of 100β250% from current levels. For a strong move, ETH must break $2,100 with volume.
π Meanwhile, Santiment data shows whales offloaded 500,000 ETH in the past 48 hours, adding near-term pressure. Also, ETHBTC is at its lowest level in 5 years, showing ETHβs underperformance vs $BTC .
β οΈ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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