{"id":19220,"date":"2025-10-17T07:55:26","date_gmt":"2025-10-17T06:55:26","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=19220"},"modified":"2025-10-17T07:55:28","modified_gmt":"2025-10-17T06:55:28","slug":"is-a-60-drop-to-1500-possible-for-ethereum","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/is-a-60-drop-to-1500-possible-for-ethereum\/","title":{"rendered":"Is a 60% Drop to $1500 Possible for Ethereum?"},"content":{"rendered":"\n

The $3,815 Support Break Is a Game Changer<\/h2>\n\n\n\n

The breakdown below the support level at $3,815<\/strong> represents a major technical turning point for Ethereum<\/a>. This level had served as solid support during previous downward attempts, and its loss fundamentally alters the market structure. Indeed, ETH now displays a lower low. This means that as long as the $4,500-$4,700<\/strong> range isn’t reclaimed, ETH remains in bearish territory.<\/p>\n\n\n\n

Price action since this breakdown reveals persistent selling pressure<\/strong>. Rebound attempts consistently hit increasingly lower resistance levels, forming a series of descending peaks characteristic of an established downtrend. Buyers struggle to regain control, and each rally is quickly absorbed by sellers.<\/p>\n\n\n\n

\"ETH<\/figure>\n\n\n\n

More concerning still, ETH displays a negative Woodies CCI on the weekly chart. The last time this occurred, ETH fell by 60%<\/strong> from its local high. A similar drop would take ETH’s price to approximately $1,500<\/strong>.<\/p>\n\n\n\n

If the current support gives way, the next technical target would indeed be around $3,400 to $3,200<\/strong>. This zone corresponds to a significant Fibonacci retracement level as well as a former resistance that became support during the previous bullish phase. Traders are also scrutinizing volume patterns to detect potential signs of capitulation or institutional accumulation.<\/p>\n\n\n\n

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\"cta<\/a><\/figure>\n\n\n\n

Should You Buy or Wait?<\/h2>\n\n\n\n

Savvy investors are keeping a close eye on several key indicators. Holding the support around $3,800<\/strong> constitutes the first line of defense for short-term bulls. A daily close below this psychological threshold would strengthen the bearish scenario and open the path toward the $3,400<\/strong> level mentioned earlier.<\/p>\n\n\n\n

\"Ethereum<\/figure>\n\n\n\n

It’s also crucial to monitor ETF flows to determine whether institutions are preparing to absorb the selling pressure or not. For now, as long as BTC maintains $106,000<\/strong>, bulls still have a chance to save ETH.<\/p>\n\n\n\n

To conclude, the macroeconomic context remains a significant factor. Correlations with traditional markets, particularly the Nasdaq, continue to influence Ethereum’s<\/a> trajectory. Major economic announcements could trigger volatile movements and accelerate or reverse the current trend<\/strong> depending on the general market sentiment.<\/p>\n\n\n\n

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