Wide sideways movement at $ETH , good prospects for a strong decline!

Unlike Bitcoin, which updated its previous ATH to 69,000 in this cycle, Ethereum was unable to do so. In August 2025, the price turned around from the previous ATH of 4867 and began to decline.

Such a structure may suggest the presence of a wide sideways movement between the levels of 4867 and 1070. On the chart, I marked important key levels:

1. 2000 — MA350 level, good reversal support for all coins.

2. 1550 — the next strong support level.

3. 1073 — the lower long-term support and the bottom of the sideways movement.

I marked possible phased scenarios for decline with red arrows, down to a deep correction at 1073. I think the depth of Ethereum's decline will depend on the depth of Bitcoin's decline. If Bitcoin falls from 90k to 50k, then the decline of Ethereum will be proportional or even stronger. Good trading to everyone!

What do you think, to what level will Ethereum fall? Share your thoughts in the comments!

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