Ethereum has been having a tough time over the previous couple of months after hitting a brand new all-time high again in August 2025. The final quarter of the yr has been particularly brutal, with the cryptocurrency’s value down greater than 29% in This autumn 2025. Despite this abysmal efficiency, issues have failed to show round, with technical indicators persevering with to level to additional decline for the altcoin. The newest of those is the looks of a descending triangle construction, that carried the promise of additional draw back.
Ethereum Price Is Still Not Bullish
As crypto analyst Alpha Trade Scope factors out in a TradingView post, the Ethereum value chart remains to be exhibiting main indicators of weak point. For instance, the digital asset saw its price crash under a descending trendline, and this has marked the continuation of the downtrend that started three months in the past.
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The present value pattern has led to the formation of a descending triangle construction, which emerged after the cryptocurrency accomplished an impulse transfer. Not solely this, the pattern of recording decrease highs has been proof of the elevated promoting strain on the cryptocurrency. Doing this under the aforementioned descending trendline simply lends credence to the truth that the downtrend just isn’t over.
There has additionally been a serious shift within the market structure of the Ethereum price. For one, there was a Change of Character (CHoCH), which reveals that the Ethereum value is now not bullish, however is moderately extra bearish at this level.
Resistance has additionally mounted on the $3,000 stage over time, and the worth has been buying and selling effectively under this resistance for some time now. Also, the Ethereum value is caught in a good vary, buying and selling inside the Fair Value Gap (FVG) mapped out between $2,930 and $2,960. This reveals the rising resistance at this level, that would function a rejection within the case of a restoration try.
How Low Can The ETH Price Go?
If the present bearish pattern holds and the Ethereum price does get rejected, then the primary goal for the draw back lies at $2,815. This first goal serves as the primary assist for the cryptocurrency and the vacation spot for an preliminary liquidity sweep as buyers promote into the decline. However, it’s not the ultimate goal.
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In the case of an extra break, then $2,800 is predicted to offer approach, resulting in the second main goal at $2,748. This goal is more of a major demand zone and is extra more likely to set off a bounce because of the mounting shopping for strain at this level. “The chart presents a classic bearish continuation setup, favoring downside expansion if support breaks with confirmation,” the analyst mentioned.
Featured picture from Dall.E, chart from TradingView.com
