Ethereum is facing significant market pressure this week, with prices falling sharply as the broader crypto market sells off and major support levels break. ETH has slid under key price thresholds amid heavy whale selling, liquidations, and weak sentiment, leading some analysts to warn of further downside risk. Meanwhile, large holders like BitMine are showing billions in unrealised losses on their Ether bets, highlighting the recent volatility. Despite this, long-term models still project potential upside for ETH later in 2026 and beyond.
ETH
2,352
+1.23%