
{"id":131423,"date":"2026-01-31T16:46:13","date_gmt":"2026-01-31T16:46:13","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=131423"},"modified":"2026-01-31T16:46:13","modified_gmt":"2026-01-31T16:46:13","slug":"ethereum-price-prediction-is-eth-heading-to-2k-after-15-weekly-drop","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=131423","title":{"rendered":"Ethereum Price Prediction: Is ETH Heading to $2K After 15% Weekly Drop?"},"content":{"rendered":"<p>Ethereum remains structurally bearish, with the price reacting to demand but lacking confirmation of a meaningful trend shift. The interaction between this demand zone, nearby supply levels, and persistent sell-side pressure will be critical in determining whether Ethereum stabilises or continues lower in the coming sessions.<\/p>\n<h2>Ethereum Price Analysis: The Daily Chart<\/h2>\n<p>On the daily timeframe, ETH has broken down from its previous structure and is now trading well below the ascending trendline, confirming a broader bearish sentiment. The recent rejection from the crucial supply zone around the mid-$3K region marked a clear bearish continuation signal by completing a pullback.<\/p>\n<p>The asset has since accelerated lower and is currently testing a well-defined demand zone around the $2.5K area. This zone has previously acted as a strong buyers\u2019 base, and the current reaction suggests initial demand absorption. However, the overall structure remains weak as long as the price stays below the moving averages and the $3K psychological level.<\/p>\n<p>Nevertheless, a daily close below the current demand zone would open the door for continuation toward the lower yellow support region, while stabilisation here is required to prevent further downside expansion.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/01\/ETH-D-4.jpg\"><\/a><\/p>\n<h2>ETH\/USDT 4-Hour Chart<\/h2>\n<p>On the 4-hour timeframe, Ethereum has printed another bearish signal by recently breaking below a minor consolidation wedge pattern. The most recent move shows a sharp sell-off into demand, followed by a modest reaction that lacks impulsive bullish follow-through.<\/p>\n<p>From a structural perspective, any upside reaction in this area at the $2.5K range is likely corrective and vulnerable to selling pressure. The most logical bearish continuation scenario involves a pullback toward the nearby supply zones around the $2.7K and $3K regions, where previous support has flipped into resistance. As long as the price remains below those supply areas and fails to reclaim the channel midpoint, sellers retain control.<\/p>\n<p>Sustained acceptance below the lower channel boundary would further confirm downside continuation, while only a strong reclaim of structure would challenge the bearish bias.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/01\/ETH-4H-12.jpg\"><\/a><\/p>\n<h2>Sentiment Analysis<\/h2>\n<p>The one-month Ethereum liquidation heatmap clearly highlights a dense liquidity pocket forming around and especially below the $2.5K level. This area stands out as one of the most concentrated zones of resting leverage on the chart, indicating a large cluster of stop losses and liquidation levels from overexposed long positions.<\/p>\n<p>As prices continue to trend lower, these liquidity pools naturally become attractive targets for the market, particularly in a bearish environment in which downside extensions are driven by forced liquidations rather than organic selling alone.<\/p>\n<p>The gradual build-up of liquidity beneath $2.5K suggests that many participants are still positioned defensively around this range.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/01\/ETH-Liquidation-Heatmap1-month-2026-01-31_15_37_45-scaled.jpg\"><\/a><\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-price-prediction-is-eth-heading-to-2k-after-15-weekly-drop\/\">Ethereum Price Prediction: Is ETH Heading to $2K After 15% Weekly Drop?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum remains structurally bearish, with the price reacting to demand but lacking confirmation of a meaningful trend shift. The interaction between this demand zone, nearby supply levels, and persistent sell-side pressure will be critical in determining whether Ethereum stabilises or continues lower in the coming sessions. Ethereum Price Analysis: The Daily Chart On the daily [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":131424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131423"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131423"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/131424"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}