Ethereum loses $2.8K support as charts point to possible 22% downside

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Ethereum has broken below a key support level of $2,800, potentially setting the stage for a 22% decline to $2,100, according to charts and on-chain data.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Ethereum slipped under $2,800 as charts and onchain data suggested downside risk remains elevated, with a potential move toward $2,100.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on January 30, 2026.
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