Ethereum Drops 4%, but Analysts Still See a Path Toward $2,245 and Beyond
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Ethereum fell about 4% in the past 24 hours to roughly $1,835 after briefly topping $1,930 earlier this week, signaling short-term token performance volatility in crypto markets. Two market analysts see potential near-term upside based on indicators, but one warns any recovery could be followed by a deeper correction before a new bull cycle, posing risks for traders, DeFi protocols and CEX liquidity.
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Ethereum dropped by around 4% in the past 24 hours, slipping back to around $1,835 after briefly climbing above $1,930 earlier this week.
Despite the pullback, two market analysts continue to point to near-term upside based on different indicators, although one believes the recovery will be followed by a much deeper correction before a new bull cycle begins.
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