Ethereum (ETH) Update | is lower coming?

[bonk]

Ethereum has rejected cleanly from a key technical zone and continues to move within an aggressive downtrend. Price is now sitting directly on the $2,800 support region, a level that has historically attracted short-term reactions.

Multiple lower-time-frame candle closes may form around this zone before ETH chooses its next move. The broader high-time-frame range remains intact, meaning Ethereum is still rotating between established highs and lows without breaking structure.

Key Points

• Strong rejection from a major resistance level
• ETH now testing the $2,800 support zone
• Downtrend still dominant with HTF range intact

What to Expect
If $2,800 holds, ETH may see a short-term relief bounce. Failure to hold this level opens the door to deeper corrective targets within the broader HTF range.

[Nahid Hossen]

ETH showing signs of possible downside as market structure weakens.

[Rimon Khan]

Lower levels may get tested if momentum continues fading.

[JanEmil]

I think we need to go lower