Ethereum Price Prediction: Will ETH Dump Toward $1K Next?

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Ethereum has entered a decisive bearish phase after losing multiple high-timeframe supports and falling through a major confluence zone that had acted as support during the first half of the year, leaving ETH vulnerable to a deeper correction if buyers fail to defend lower demand levels. On the weekly chart ETH peaked near $5,000 and has formed a series of lower highs under a descending trendline capping recoveries since late 2025, a deterioration in market structure that is negative for token performance, DeFi exposure and short-term crypto adoption.
Ethereum has entered a decisive bearish phase after losing multiple high-timeframe support levels in a matter of days. The latest sell-off pushed ETH through a major confluence zone that had previously acted as support throughout the first half of the year, placing the market at a critical juncture where buyers must defend lower demand levels to prevent a deeper correction.
Ethereum Price Analysis: The Weekly Chart
The weekly chart shows a significant deterioration in market structure. After peaking near $5K, ETH established a series of lower highs beneath a descending trendline that has capped every major recovery attempt since late 2025. The recent rejection from this trendline reinforced bearish control and accelerated the latest downside move.
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