2026-01-21 08:20:41

Ethereum still follows Bitcoin's lead. This wave of decline has pushed the price back to the 2000+ range, currently touching around 2920 at the lowest. But from the candlestick chart, there are no significant signs of a bottoming out yet, and it seems the bottom still needs to be further explored.

The key is Bitcoin's direction. As long as Bitcoin continues to drop, Ethereum will have to find its bottom accordingly. The most critical support right now is at 2800. Once this level is broken, be prepared to test the bottom around 2600.

In the short term, the market may still fluctuate. It is recommended to closely monitor the performance of these support levels. Whoever can hold above 2800 will stabilize the situation; if it falls below, the next target is 2600. Market trends will be updated continuously, and new analysis ideas will be shared promptly.

ETH2,39%

BTC1,76%

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0xSherlock

· 13h ago

If 2800 doesn't hold, 2600 is really prepared, this wave is indeed tough --- Without Bitcoin's effort, even if Ethereum drops again, it's useless, just waiting --- Feels like the bottom isn't coming that quickly, still need to continue the sell-off --- Is 2800 really that critical? Seems a bit uncertain --- Following Bitcoin's lead, selling all the way down, when will it end? --- No signs of a bottoming out, continue to probe lower --- If 2600 really breaks, it would be outrageous, hope it doesn't happen --- Bitcoin determines everything, are we just this passive? --- This drop is quite fierce, feeling like support levels are falling one by one --- Whoever holds 2800 wins, just hearing that sounds very uncertain

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¯\_(ツ)_/¯

· 13h ago

If you can't hold 2800, just go ahead and copy the 2600 bottom. Anyway, Bitcoin's price determines everything.

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GasWaster69

· 13h ago

2800 is really the life and death line. If it drops further, it's over. --- Once again, Bitcoin's decline has caused a crash. So annoying. --- Will 2600 really become the bottom? Honestly, I'm a bit panicked. --- If I can't hold 2800, I'll admit defeat and exit. --- It seems like it will continue to test the bottom; no signs of stopping the decline. --- When will Bitcoin stop dropping? Really. --- Once 2800 is broken, it's basically free fall. --- A bad hand, forced to get off with Bitcoin. --- Let's see how 2800 performs as the hurdle. --- Damn, testing new lows again. This market is exhausting.

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