Headline: Analysts Sound Alarm on ETH — But Some See a Skyward Rebound to Nearly $5K Ethereum is at a crossroads, say leading crypto analysts, with recent price action prompting both bearish warnings and surprise bullish scenarios. Where ETH stands now - Ethereum has slipped below key supports and is currently trading roughly between $1,800 and $2,000, after failing to hold its most recent support level. - Market technicians point to two notable breakdowns in recent weeks: a lost bull flag that failed around $3,700, and the collapse of an ascending triangle that breached the $3,000 floor. Bear and bull scenarios - Crypto Patel argues the next critical line is $1,800. If ETH can hold that level, Patel expects a relief bounce that could push the token toward about $2,650. If $1,800 fails, however, he sees a meaningful downside target near $1,300 — a likely accumulation zone. - Javon Marks offers a contrasting, more bullish take. He highlights a “hidden” larger bull divergence on the charts and suggests that, with a full technical response, Ethereum could recover more than 140%—potentially rallying into the ~$4,900 area, near previous all-time highs. What to watch - Short-term: the $1,800 support and the $2,650 bounce level Patel cites. - Medium/long-term: whether the technical divergences Marks points to materialize into a sustained recovery above former resistance zones. Bottom line Traders are split. Technical breakdowns have put ETH under pressure, but some analysts still see room for a major rebound if key supports hold and bullish momentum returns. As always, these are market-based scenarios rooted in price action—traders should watch levels closely and manage risk accordingly. Read more AI-generated news on: undefined/news

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