Ethereum Price Analysis: ETH Must Reclaim These Levels to Reverse Bearish Momentum
Photo: CryptoPotato
Ethereum is struggling to regain momentum after a failed breakout attempt earlier this week sent the price back toward $2.2K. With ETH now trading around $2.25K, buyers are defending a short-term support level that could decide whether the market stabilizes or extends its correction. Meanwhile, network activity between user wallets has dropped sharply from its mid-2026 highs, offering little sign of renewed demand. Ethereum Price Analysis: The Daily Chart Ethereum’s daily chart shows the asset breaking below the ascending channel that carried the price higher from the June lows near $1.5K.
Source: CryptoPotato
