Ethereum Price Faces $1.5K Risk After Rejection at Key $2.3K Level
The post Ethereum Price Faces $1.5K Risk After Rejection at Key $2.3K Level appeared on BitcoinEthereumNews.com.
Ethereum stays bearish below 2.3K as repeated rejections confirm sellers still control the market trend. Analysts warn a break under 1.8K could push ETH toward the key 1.7K to 1.5K demand zone. Weak buying and strong sell-offs signal continuation rather than reversal in current price action. Ethereum price continued its decline after failing to break above the $2,300 resistance zone. Market analysts reported that sellers kept control of the market structure. Crypto Candy shared that Ethereum has already dropped more than 8% since the last update. The analyst added that price action followed the projected bearish path. Market data shows Ethereum trading near the $1,800 level as pressure remains strong. Ethereum Market Structure Stays Bearish Crypto Candy said Ethereum remains in a clear downtrend on the daily timeframe. The chart shows lower highs and lower lows since price failed near the $3,400 to $3,600 supply zone. This pattern reflects sustained selling pressure across recent sessions. The analyst noted that the late January sell-off broke several long-term support levels. These included $2,800, $2,600, and $2,300. Each break removed key areas where buyers previously defended price. Current price action shows consolidation after a sharp decline. Such behavior often signals continuation rather than reversal. Therefore, Crypto Candy stated that the bearish bias remains valid while Ethereum trades below the resistance zone. $ETH ETH is moving as expected, having dropped 8%+ since the last update. As mentioned earlier, the 2.3k-2.1k zone is acting as a strong resistance area. If the momentum continues, then we may see ETH at our mentioned zone of 1.7k-1.5k or lower in the coming days. This bias is… https://t.co/KwDmc7Zuj8 pic.twitter.com/yehaahxNmQ — Crypto Candy🔥💎 (@cryptocandy24x) February 24, 2026 Resistance Zone Holds Near $2.3K The $2,300 to $2,100 area continues to act as a major rejection zone. Crypto Candy highlighted this range…
Filed under: News - @ February 24, 2026 5:27 pm