Ethereum (ETH) Price Slides; Mirrors 2017 & 2020 Patterns—Is a Breakout Ahead?
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The post Ethereum (ETH) Price Slides; Mirrors 2017 & 2020 Patterns—Is a Breakout Ahead? appeared first on Coinpedia Fintech News Following the Bitcoin price plunge below the crucial support at $84,000, driven by bid-side liquidity collapse, the crypto markets have shaken. The ripple effects spread to other altcoins such as Ethereum and Solana, whose prices fell more than Bitcoin’s. ETH price slipped sharply this week, falling back toward the mid-$2,700 range as broader crypto market volatility pushed investors into risk-off mode. While the short-term technicals look fragile, deeper analysis of staking flows, historical price structure, and long-term accumulation zones suggests the latest decline may be less about weakness and more about opportunity for long-horizon players. ETH Returns to Its ‘Discount Zone’—A Level Where Major Rallies Historically Begin Ethereum has re-entered a major multi-year “discount zone”—a price region that has consistently acted as a long-term accumulation range. The chart shows the ETH price still moving inside an ascending parallel channel that dates back to early 2022. Source: X Previous dips into this lower band (late-2022, mid-2023, and early-2025) all triggered strong rallies, often marking the beginning of multi-month uptrends. The current return to the discount zone mirrors those earlier setups, suggesting the downside may be more limited than the recent market sentiment implies. This structural trend remains intact despite the pullback, offering a key insight: ETH’s macro uptrend is unbroken. Whales Are Staking More ETH — Even During the Correction While spot price weakness might suggest fading confidence, on-chain data shows the opposite. Large validators—typically whales or institutions—continue sending repeated batches of 32 ETH to the Ethereum Deposit Contract. The above data suggest an early Ethereum whale just staked 40,000 ETH worth $120 million after 10 years of inactivity. This behavior indicates sustained accumulation and long-term commitment. When whales increase staking…
Filed under: News - @ December 2, 2025 1:29 am