Ethereum (ETH-USD) has dropped 60% from its August peak, now trading around $1,900 within a $1,800-$2,200 range. Despite the crash, history suggests potential for a V-shaped recovery. Over 30% of ETH is staked, limiting supply and potentially accelerating rebounds. Technically, ETH sits in a descending channel, with key levels at $1,800 and $2,200. Liquidation heatmaps reveal significant activity around $2,000. Whales and institutions are accumulating, and projections for 2026 range from $4,000 to $9,000. While a deeper drop is possible, the overall structure favors medium-term upside. From $1,900-$2,000, the author considers Ethereum a “Buy” over a 12-24 month horizon.
ETH-USD Clings to $1,900 as $1.8K Support Gets Tested
