Top 3 reasons why the Ethereum price may crash to $1,500 soon
The post Top 3 reasons why the Ethereum price may crash to $1,500 soon appeared on BitcoinEthereumNews.com.
Ethereum price continued its strong downward trend on Friday as geopolitical risks rose and demand for cryptocurrencies waned. Summary Ethereum price may continue the downward trend this year. Technical analysis shows that it has invalidated the inverted head-and-shoulders pattern. The upcoming Donald Trump attack on Iran may push prices lower. Ethereum (ETH) token dropped to $1,937, down sharply from the all-time high of $4,943, and key factors suggest that it has more downside, potentially to the key support level at $1,500. Ethereum price technical points to more downside The weekly timeframe chart shows that the ETH price has remained under pressure in the past few months. It has dropped in the last five consecutive weeks, and is hovering near its lowest level since May last year. The coin has dropped below the key support level at $2,145, invalidating the inverted head-and-shoulders pattern, a common bullish reversal sign in technical analysis. Ethereum has dropped below the 50-week and 200-week Weighted Moving Averages. It has also moved below the Supertrend indicator, a sign that bears remain in control. The Relative Strength Index has moved to the oversold level of 30. Therefore, the most likely scenario is where it continues falling so that the RSI can become extremely oversold, which will then lead to a rebound. ETH price chart | Source: crypto.news Ethereum institutional demand is waning The other main bearish catalyst for Ethereum is that demand from institutional investors has waned in the past few months. One sign for this is the fact that demand for spot Ethereum ETFs has waned. These funds shed over $130 million in assets on Thursday, bringing the monthly outflow to over $450 million. They have suffered outflows in the last four consecutive months. Another sign of waning demand is that the futures open interest has continued…
Filed under: News - @ February 21, 2026 3:13 pm