Ether Plummets 30% in a Week, Eyes on Key Support Zones

[madtrader]

Ether (ETH) has fallen 30% in just seven days, sliding from $2,800 to under $2,000 and hitting a nine-month low of $1,740.

The downturn is accompanied by massive long liquidations — $400 million in 24 hours — and net outflows from US spot ETH ETFs totaling $1.1 billion in the past two weeks. Major holders, including Trend Research and Ethereum co-founder Vitalik Buterin, have added selling pressure.

Analysts are now watching critical support zones between $1,000 and $1,400, with historical trends suggesting ETH could continue its downtrend if the 200-week SMA and psychological $2,000 level fail to hold.

[JanEmil]

No thank you. Let us stay above 2k.

[Capybara_Capybara]

Brutal flush, but panic is peaking.

[Revenant]

ETH under 2k is pure stress.

[The_Walking_Dead]

Liquidations did the damage.

[bred]

This is where conviction gets tested.