Feb 05, 2026

Ethereum Plunges 48% to $1,861: Why $2,000–$1,500 Is Now the Key Accumulation Zone

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.

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