ETH faces its longest red streak ever, but a hidden 12-hour chart setup has hodlers quietly accumulating. Here’s what the data shows.

Ethereum nears a rare seventh red month below $2,000 as whales reduce holdings and fueling bearish Ethereum price prediction.

Key takeaways: The Ethereum network, launched in 2015, is a decentralized platform that enables developers to create smart contracts and dApps using blockchain technology, eliminating the need for intermediaries and thereby enhancing security.

As we highlighted in our latest Ethereum price prediction, if we get past $2,150, the next stop would likely be $2,800, meaning a 40% upside potential from where we are now. Meanwhile, if bulls fail at keeping ETH above $2,000, then we might see the token drop to $1,800 in the near term again.

Prediction market users are getting more bullish on near-term price moves for Bitcoin and Ethereum, but the crypto market is still fearful.

Ethereum could more than double in price in 2026 to reclaim its all-time high near $5,000.

ETH lost the $1,900 support on the 4‑hour chart, a level that had absorbed multiple retests in recent weeks. Its breakdown shifted short‑term momentum decisively bearish. Therefore, $1,800 emerged as the next decisive level. Losing it would likely expose ETH to fresh lows. That zone aligned with a major weekly support cluster from prior cycles.

BitMine Immersion Technologies (BMNR) just doubled down on Ethereum, fueling bullish price predictions.The publicly traded treasury added 50,928 ETH last week, spending about $103 million. The move sparked a 9% jump in BMNR shares and lined up with a strong bounce in Ethereum’s spot price.