$ETH Eyes $2,400: Will Bulls Take Over or Will ETH Slide?
ETH
2,152.37
+4.34%
Ethereum is down over 40% from its all-time high. Right now, $2,400 is the key level—break it, and $2,600 could be next. Market fear is still strong, with the Fear & Greed Index at 32, and only a few signs turning bullish.
Support levels are $2,050, $1,830, and $1,790. Fall below $1,790, and ETH could head toward $1,320 if the weekly head-and-shoulders pattern plays out. Bulls won’t fully return until $3,000 is reclaimed.
Long-term, Standard Chartered sees $7,500 by end-2026—but that depends on Fed rate cuts, ETF inflows, and Layer 2 growth all falling into place.