Feb 05, 2026
Ethereum Plunges 48% to $1,861: Why $2,000–$1,500 Is Now the Key Accumulation Zone
Ethereumblockchaincrypto accumulationCrypto UpdateETH PriceethereumEthereum NewsFibonacci LevelsMarket Analysis
TLDR: ETH declines nearly 48% from $3,700 to $1,928 in three months of corrective movement. $2,000–$1,500 identified as the primary Fibonacci accumulation range for long-term investors. $1,700 (0.618 Fib) and $1,300 (0.786 Fib) act as key retracement and reset levels. Monthly charts confirm macro expansion remains intact despite mid-cycle ETH correction. The price of [...]
The post Ethereum Plunges 48% to $1,861: Why $2,000–$1,500 Is Now the Key Accumulation Zone appeared first on Blockonomi.
Source: Blockonomi →Related News
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