Ethereum (ETH) has come under pressure this week, dropping to under $3,200 during yesterday’s market-wide sell-off. The asset is down over 6% in the last 24 hours and more than 17% in the past seven days, based on data from CoinGecko.
After a strong run earlier this year, the latest move brings ETH back to key technical levels.
ETH/BTC Drops into Accumulation Zone
The ETH/BTC chart shows the pair returning to an area marked by past buying. Analyst Michaël van de Poppe pointed out that the price has pulled back more than expected, but still sits in a zone where accumulation has happened before. He said,
“A little deeper than expected on ETH, but this is still the level that I think is wise to look for potential accumulations.”
ETH/BTC is now trading near 0.0326 BTC, a zone that lines up with previous consolidation. This level acted as resistance earlier in 2025 and could now serve as support.
Meanwhile, technical indicators show mixed signals. Weekly RSI is still above oversold
We współpracy z: https://cryptopotato.com/ethereum-eth-pullback-deeper-than-expected-bounce-setup-or-more-pain-ahead/
