Ethereum Price Prediction: Will ETH Drop to $2K Next if Buyers Fail to Regain Control Soon?

Ethereum’s post-breakout consolidation is beginning to tilt toward a corrective phase, with the price slipping below the lower end of its recent range. While the broader recovery remains intact, weakening short-term structure suggests ETH could seek liquidity at lower levels before buyers attempt another sustained advance. Ethereum Price Analysis: The Daily Chart Ethereum’s daily chart shows the market cooling considerably after the explosive rally from the $1.85K-$1.92K base. The move carried ETH directly into the major $2.44K-$2.51K resistance zone, but buyers have repeatedly failed to establish acceptance above this area. The latest candles are now showing a gradual shift in favor of sellers. ETH has fallen below the lower boundary of the $2.44K-$2.51K resistance zone and is trading near $2.37K. This follows several unsuccessful attempts to continue toward the $2.57K local high, suggesting that the initial bullish momentum has been exhausted for the time being. If the correction develops further, the Fibonacci retracement levels provide a useful roadmap. The 0.5 level sits around $2.21K, while the 0.618 retracement near $2.13K overlaps closely with the broader $2.07K-$2.16K supp...