Ethereum
Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level

Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline highlights increased selling pressure and growing bearish sentiment in the market.
As Ethereum nears this critical threshold, traders are closely monitoring its behavior for signs of either a stabilization or a further drop. The $3,051 support level is now a focal point, determining the short-term direction of Ethereum’s price action and potentially setting the stage for future movements in the cryptocurrency market.
This article aims to analyze the sharp decline affecting the digital asset and its impact on the cryptocurrency’s price as it approaches the $3,051 support level. It also seeks to provide traders and investors with a comprehensive understanding of the current situation, potential scenarios if the support level holds or breaks, and strategies for managing risk in this volatile environment.
ETH’s price is currently trading at around $3,181 and down by 5.05% with a market capitalization of over $382 billion and a trading volume of over $18 billion as of the time of writing. In the past 24 hours, there has been a decrease of 5.25% in ETH’s market capitalization and a 74.43% increase in trading volume.
Technical Indicators Pointing To A Decline For Ethereum
A technical analysis of ETH’s price action on the 4-hour chart reveals that the crypto asset is actively bearish and trading below the 100-day Simple Moving Average (SMA). Ethereum has been consistently bearish since after breaching the $3,360 mark and is currently heading toward the $3,051 support level.

Also, an analytical view of the 4-hour Composite Trend Oscillator shows that the price of ETH may continue its bearishness as both the signal line and the SMA of the indicator have dropped below 50% and are attempting a move into the oversold zone.
On the 1-day chart, the crypto asset has made a sharp drop below the 100-day SMA and is attempting a break below the bullish trend line while dropping toward the $3,051 support level.

Finally, on the 1-day chart, the composite trend oscillator indicates a further bearish move of ETH as the signal and the SMA of the indicator are both trending in the oversold zone.
What If $3,051 Support Fails?
Analyzing potential outcomes if Ethereum breaks through the $3,051 support level reveals that if the digital asset breaks below this level, it may move lower to test the $2,865 support level and probably move on to test the $2,160 support level and other levels below if the price breaches this level.
However, if the price of Ethereum faces rejection at the $3,051 support level, it will begin to ascend toward the $3,360 resistance level. Should the asset breach this level, it may continue to climb to test the $3,659 resistance level and possibly move on to test other higher levels if it breaches the $3,659 level.
Featured image from iStock, chart from Traadingview.com
Ethereum
Ethereum to Emphasize Layer-1 Efficiency and UX in Upcoming Protocol Upgrades


The Ethereum Foundation is realigning its developmental strategy to address core protocol efficiency and user experience challenges, following recent leadership changes earlier this year.
Co-executive director Tomasz Stańczak outlined the updated focus areas in a public statement on X earlier today, emphasizing that the shift is intended to strengthen Ethereum’s long-term scalability while improving near-term usability.
Protocol Upgrades and a Revised Role for Vitalik Buterin
Stańczak described the discussions surrounding Ethereum’s base-layer roadmap as extensive and community-driven, noting that the changes are designed to sharpen focus among researchers and core developers. Stańczak wrote:
Our discussions about the Layer 1 scaling roadmap have been extensive, and the feedback so far suggests that the community appreciates our ambition. Turning that ambition into reality now depends on the focus of the core development teams and researchers.
As part of its strategic transition, the Ethereum Foundation is aiming to give Vitalik Buterin more time to focus on advanced research rather than daily operational oversight.
“We aimed, among other things, to free more of Vitalik’s time for research and exploration,” Stańczak stated, adding that Buterin’s recent writings on topics like RISC-V and zkVMs have been instrumental in directing attention toward potentially “transformative technologies.”
According to Stańczak, these insights have played a significant role in realigning the Ethereum community around long-term priorities, such as privacy, modularity, and decentralized infrastructure.
Stańczak clarified that Buterin’s proposals are not mandates but starting points for community-led exploration:
Vitalik’s proposals will always carry weight, but they are intended to start conversations and encourage progress in difficult research areas.
He also stressed the importance of giving other researchers the same freedom, highlighting ongoing work by contributors like Justin Drake and Tankard Feist.
Overall. the Foundation’s research direction is now geared toward short-term outcomes that include better Layer-1 scaling, enhanced Layer-2 integration, and more “seamless” user experiences—especially in upcoming upgrades like Pectra, Fusaka, and Glamsterdam.
RISC-V Proposal and Developer Flexibility
The Foundation is also assessing the feasibility of moving from the Ethereum Virtual Machine (EVM) to a more modern execution environment powered by RISC-V.
This proposal, initially introduced by Buterin, suggests that RISC-V could streamline execution, improve efficiency, and simplify zero-knowledge proof implementation.
“We are exploring ways to bring forward projects that currently look three to five years away,” Stańczak noted, referencing possible acceleration in next-gen execution and consensus layer development.
RISC-V’s benefits include broader language compatibility and the potential for backward compatibility with existing EVM contracts. Developers could continue using Solidity and Vyper or expand into languages like Rust.
Additionally, RISC-V could improve validator performance through hardware-level customization, while maintaining core Ethereum features such as account models and contract interactions.
As research and experimentation continue, Stańczak emphasized the importance of community input: “Ethereum researchers often ask that readers recognize the exploratory nature of their posts and proposals. Focus remains essential.”
Featured image created with DALL-E, Chart from TradingView

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Ethereum
Ethereum Price Eyes $2,700 As Wyckoff Accumulation Nears Completion

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Crypto analyst Incognito has predicted that the Ethereum price could soon rally to as high as $2,700. This bullish prediction comes despite ETH’s underperformance so far, with the altcoin’s market share already dropping to new lows.
Ethereum Price Could Rally To $2,700 As Wyckoff Accumulation Nears
In a TradingView post, Incognito predicted that the Ethereum price could witness a big move to $2,700 with the Wyckoff accumulation almost over. He remarked that if support holds, the ETH should see a breakout of the falling wedge. The analyst’s accompanying chart showed that $2,499 is the target for the falling wedge, while $2,700 is the second target that Ethereum could reach on this breakout.
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However, Incognito warned that this could be a huge trap to shake out sellers, so he advised market participants to be looking to take profits. In the meantime, the Ethereum price could indeed break out to the upside, especially with the Bitcoin price attempting to reclaim the $90,000 level.

The Ethereum price is likely to reach new local highs if Bitcoin can sustain this bullish momentum, given their positive correlation. In an X post, crypto analyst Ali Martinez remarked that this week would be big for ETH as the TD Sequential just flashed a buy signal, hinting at a potential shift in momentum.
Martinez also raised the possibility of the Ethereum price recording a new bull rally. For that to happen, he mentioned that ETH needs to break the supply wall at $2,330. The leading altcoin could face significant selling pressure at that range, as 12.62 million addresses bought 68.63 million ETH around that range.
ETH May Have Already Bottomed
In an X post, crypto analyst Titan of Crypto suggested that the Ethereum price has already bottomed or may be bottoming out. He revealed that the leading altcoin is progressing within a giant ascending channel on the macro chart. His accompanying chart showed that ETH could rally to as high as $4,200 following this bullish reversal.
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Crypto analyst Hardy also echoed a similar sentiment, suggesting that the Ethereum price has already reached its bottom. He noted that ETH’s weekly candle close was bullish and a good indicator of a potential reversal at the key support level around its current price. His accompanying chart showed that Ethereum could rally to as high as $4,300 on this bullish reversal.
Ethereum price reclaiming the $4,000 level could pave the way for a rally to a new all-time high (ATH). Crypto analyst Crypto Patel predicted that ETH could reach between $6,000 and $8,000 by the end of the year.
At the time of writing, the Ethereum price is trading at around $1,639, up almost 2% in the last 24 hours, according to data from CoinMarketCap.
Featured image from Unsplash, chart from Tradingview.com
Ethereum
Ethereum Analyst Sets $3,000 Target As Price Action Signals Momentum – Details

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Ethereum and the broader crypto market experienced a small but notable pump yesterday, reigniting hopes of a potential trend reversal after weeks of sustained selling pressure. As market uncertainty intensifies, driven largely by global economic tensions and geopolitical strain between the US and China, investors are closely watching for signs of a breakout.
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Despite the headwinds, analysts are starting to shift their tone. Some believe that the worst may be behind for Ethereum and that a strong move to the upside could be brewing. One of the most vocal among them is top analyst Carl Runefelt, who shared a bold outlook, suggesting that Ethereum “might go absolutely parabolic starting from here.” His analysis suggests that ETH is poised to break out from a daily descending trendline, which could serve as a key technical signal indicating va shift in momentum in favor of the bulls.
As Ethereum holds above critical support levels and inches closer to a potential trend reversal, traders and investors are now watching closely for follow-through confirmation. If volume and sentiment continue to build, this could be the beginning of a significant rally — one that may reset expectations for the rest of the cycle.
Ethereum Eyes Recovery Amid Rising Global Tensions
Global tensions and macroeconomic uncertainty continue to weigh heavily on investor sentiment, with the ongoing trade war between the US and China sending shockwaves through equities and high-risk assets. In the midst of this fragile backdrop, Ethereum has managed to find a solid support level around $1,500 and is now attempting to reclaim higher ground. After weeks of selling pressure that erased bullish expectations for the year, ETH is showing early signs of recovery.
Ethereum’s current price structure has become a focal point for market participants. The recent bounce from $1,500 marks a potential higher low, a technical setup often associated with trend reversals. If ETH can successfully push above the $1,700 mark and break the descending trendline, it could spark renewed momentum for bulls.
Runefelt shared an optimistic view, stating that Ethereum could go up really fast from here. According to his analysis, the next key price target sits at $3,000, assuming a confirmed breakout above short-term resistance levels.

Despite continued global risks, the Ethereum network remains fundamentally strong, with growing adoption in DeFi and real-world assets. If the breakout materializes and broader market sentiment stabilizes, ETH could lead the next leg of the crypto recovery.
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Price Faces Key Resistance As Bulls Struggle for Momentum
Ethereum is currently trading at $1,630 after another failed attempt to break above the $1,700–$1,800 resistance zone. This price range has acted as a major barrier over the past several weeks, limiting bullish momentum and keeping ETH locked in a broader downtrend. Bulls must reclaim the local high at $1,691, set last week, to signal a potential shift in structure and confirm the start of a recovery rally.

A decisive move above $1,700 could open the door to a test of the $2,000 level, which would mark a significant psychological and technical milestone. However, the lack of follow-through on recent upside attempts reflects ongoing uncertainty across crypto markets, largely driven by macroeconomic tensions and risk-off sentiment.
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If Ethereum fails to gain strength above current levels, a retracement toward $1,500 is likely, with the possibility of further downside if selling pressure intensifies. This level has served as a critical support zone in recent weeks. Without a convincing breakout, ETH remains vulnerable to renewed weakness and deeper corrections. All eyes are now on whether bulls can build enough momentum to flip resistance into support and avoid another leg down.
Featured image from Dall-E, chart from TradingView