{"id":3942,"date":"2026-01-26T19:27:07","date_gmt":"2026-01-26T19:27:07","guid":{"rendered":"https:\/\/ourcryptoworld.com\/crypto-news\/ethereum-eth-risks-dumping-another-40-if-this-key-level-is-lost\/"},"modified":"2026-01-26T19:27:07","modified_gmt":"2026-01-26T19:27:07","slug":"ethereum-eth-risks-dumping-another-40-if-this-key-level-is-lost","status":"publish","type":"post","link":"https:\/\/ourcryptoworld.com\/el\/crypto-news\/ethereum-eth-risks-dumping-another-40-if-this-key-level-is-lost\/","title":{"rendered":"Ethereum (ETH) Risks Dumping Another 40% if This Key Level Is Lost"},"content":{"rendered":"<h5><strong>Ethereum trades near $2,900 after a breakdown from a bear flag pattern, with analysts warning of a possible drop to $1,666.<\/strong><\/h5>\n<p>Ethereum (ETH) is trading around $2,900, down 1% over the last 24 hours and more than 10% weekly. Several days ago, ETH fell below the $3,000 level and recently tested support near $2,700\u2013$2,800. It has yet to recover with strength.<\/p>\n<h2>Breakdown Pattern Raises Risk<\/h2>\n<p>Analyst Trader Tardigrade shared a 3-day chart showing a bear flag forming on Ethereum. This pattern is characterized by a sharp drop and is usually followed by further downside. The asset is now breaking below the lower support of the flag.<\/p>\n<p>The post notes that Ethereum must close above $2,906 soon to avoid a larger drop. \u201c<em>It has 1 day and 19 hours to reclaim above $2,906 to avoid this breakdown,<\/em>\u201d the analyst wrote. If the breakdown holds, the target is around $1,666 based on the earlier move.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>\/3-day<a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> is breaking down from a Bear Flag, targeting $1,666 <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f92f.png\" alt=\" \" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/><br \/>\n<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/23f0.png\" alt=\"\u23f0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/> It has 1 day and 19 hours to reclaim above $2,906 to avoid this breakdown. <a href=\"https:\/\/t.co\/1Q5XZjg1qP\">pic.twitter.com\/1Q5XZjg1qP<\/a><\/p>\n<p>\u2014 Trader Tardigrade (@TATrader_Alan) <a href=\"https:\/\/twitter.com\/TATrader_Alan\/status\/2015718116710625318?ref_src=twsrc%5Etfw\">January 26, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Another analyst, Ted, <a href=\"https:\/\/x.com\/TedPillows\/status\/2015481244830564672?s=20\">posted<\/a> that Ethereum is trading flat near $2,900 after a strong selloff earlier. Open interest is rising, reaching 5.255 million, showing more positions are being opened despite the sideways price.<\/p>\n<p>Funding remains slightly positive at 0.0011, but it has dropped, showing cooling interest. \u201c<em>Old degens got liquidated, and now new ones have arrived,<\/em>\u201d the post added. The rise in open interest while the price holds steady could mean traders are preparing for the next move.<\/p>\n<h2>ETH\/BTC Pair at Key Area<\/h2>\n<p>Micha\u00ebl van de Poppe, founder of MNF Fund, <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2015721372882768081?s=20\">shared<\/a> a chart of ETH against Bitcoin. ETH\/BTC is holding a support level that has been important before. The price is sitting in a higher timeframe zone, though it is now below the 21-day moving average.<\/p>\n<blockquote>\n<p>\u201cIt would be enormously important to be holding this level,\u201d van de Poppe said.<\/p>\n<\/blockquote>\n<p>If the support holds, ETH could gain against BTC. If not, the chart points to lower levels ahead.<\/p>\n<p>Meanwhile, CW <a href=\"https:\/\/cryptoquant.com\/quicktake\/69771217c262194c0f2b5e8e-The-current-price-is-an-attractive-range-for-Ethereum-whales\">pointed out<\/a> that the current ETH price range matches previous whale accumulation zones. \u201c<em>The current price is an attractive range for Ethereum whales,<\/em>\u201d they noted. The realized price of large accumulation wallets is close to the current level.<\/p>\n<p>However, data from analyst Ali Martinez <a href=\"https:\/\/cryptopotato.com\/ethereum-whales-holdings-decline-steadily-as-eth-price-falls-below-crucial-support\/\">shows<\/a> a steady drop in whale holdings since early January. Ethereum ETFs have also posted losses recently. Price weakness and reduced holdings suggest caution remains across larger accounts.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-eth-risks-dumping-another-40-if-this-key-level-is-lost\/\">Ethereum (ETH) Risks Dumping Another 40% if This Key Level Is Lost<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum trades near $2,900 after a breakdown from a bear flag pattern, with analysts warning of a possible drop to $1,666. Ethereum (ETH) is trading around $2,900, down 1% over the last 24 hours and more than 10% weekly. Several days ago, ETH fell below the $3,000 level and recently tested support near $2,700\u2013$2,800. It has yet to recover with strength. Breakdown Pattern Raises Risk Analyst Trader Tardigrade shared a 3-day chart showing a bear flag forming on Ethereum. This pattern is characterized by a sharp drop and is usually followed by further downside. The asset is now breaking below the lower support of the flag. The post notes that Ethereum must close above $2,906 soon to avoid a larger drop. \u201cIt has 1 day and 19 hours to reclaim above $2,906 to avoid this breakdown,\u201d the analyst wrote. If the breakdown holds, the target is around $1,666 based on the earlier move. $ETH\/3-day#Ethereum is breaking down from a Bear Flag, targeting $1,666 It has 1 day and 19 hours to reclaim above $2,906 to avoid this breakdown. pic.twitter.com\/1Q5XZjg1qP \u2014 Trader Tardigrade (@TATrader_Alan) January 26, 2026 Another analyst, Ted, posted that Ethereum is trading flat near $2,900 after a strong selloff earlier. Open interest is rising, reaching 5.255 million, showing more positions are being opened despite the sideways price. Funding remains slightly positive at 0.0011, but it has dropped, showing cooling interest. \u201cOld degens got liquidated, and now new ones have arrived,\u201d the post added. The rise in open interest while the price holds steady could mean traders are preparing for the next move. ETH\/BTC Pair at Key Area Micha\u00ebl van de Poppe, founder of MNF Fund, shared a chart of ETH against Bitcoin. ETH\/BTC is holding a support level that has been important before. The price is sitting in a higher timeframe zone, though it is now below the 21-day moving average. \u201cIt would be enormously important to be holding this level,\u201d van de Poppe said. If the support holds, ETH could gain against BTC. If not, the chart points to lower levels ahead. Meanwhile, CW pointed out that the current ETH price range matches previous whale accumulation zones. \u201cThe current price is an attractive range for Ethereum whales,\u201d they noted. The realized price of large accumulation wallets is close to the current level. However, data from analyst Ali Martinez shows a steady drop in whale holdings since early January. Ethereum ETFs have also posted losses recently. Price weakness and reduced holdings suggest caution remains across larger accounts. The post Ethereum (ETH) Risks Dumping Another 40% if This Key Level Is Lost appeared first on CryptoPotato.<\/p>","protected":false},"author":1,"featured_media":3943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[51,62],"channels-categories":[],"class_list":["post-3942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-crypto-news","tag-ethereum-eth-price"],"uagb_featured_image_src":{"full":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6.jpg",1201,720,false],"thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-150x150.jpg",150,150,true],"medium":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-300x180.jpg",300,180,true],"medium_large":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-768x460.jpg",768,460,true],"large":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-1024x614.jpg",1024,614,true],"1536x1536":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6.jpg",1201,720,false],"2048x2048":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6.jpg",1201,720,false],"trp-custom-language-flag":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-18x12.jpg",18,12,true],"post-thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-370x265.jpg",370,265,true],"kava-thumb-s":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-150x85.jpg",150,85,true],"kava-thumb-s-2":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-230x230.jpg",230,230,true],"kava-thumb-m":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-400x400.jpg",400,400,true],"kava-thumb-m-vertical":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-370x500.jpg",370,500,true],"kava-thumb-m-2":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-570x450.jpg",570,450,true],"kava-thumb-l":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-1170x650.jpg",1170,650,true],"kava-thumb-xl":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6.jpg",1201,720,false],"kava-thumb-masonry":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-600x360.jpg",600,360,true],"kava-thumb-justify":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-640x640.jpg",640,640,true],"kava-thumb-justify-2":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-1201x640.jpg",1201,640,true],"woocommerce_thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-500x300.jpg",500,300,true],"woocommerce_single":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-700x420.jpg",700,420,true],"woocommerce_gallery_thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2026\/01\/ETH_CB-6-100x100.jpg",100,100,true]},"uagb_author_info":{"display_name":"crypto","author_link":"https:\/\/ourcryptoworld.com\/el\/author\/crypto\/"},"uagb_comment_info":0,"uagb_excerpt":"Ethereum trades near $2,900 after a breakdown from a bear flag pattern, with analysts warning of a possible drop to $1,666. Ethereum (ETH) is trading around $2,900, down 1% over the last 24 hours and more than 10% weekly. Several days ago, ETH fell below the $3,000 level and recently tested support near $2,700\u2013$2,800. It&hellip;","_links":{"self":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/posts\/3942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/comments?post=3942"}],"version-history":[{"count":0,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/posts\/3942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/media\/3943"}],"wp:attachment":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/media?parent=3942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/categories?post=3942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/tags?post=3942"},{"taxonomy":"channels-categories","embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/channels-categories?post=3942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}