Feb 23, 2026
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BEARISH 📉 : Ethereum could drop 60% to $600 before potential recovery
Ethereum's price is stabilizing below $2,000, but analysts suggest a further decline may occur. Historically, Ethereum has experienced significant resets before establishing potential bottoms.
Potential Drop to $600
- Previous forecasts of Ethereum reaching $10,000-$15,000 have been adjusted, with even $5,000 seeming unlikely now.
- Analyst Alexhiz predicts a possible major macro correction for Ethereum, questioning the stability of its current support above $1,900.
- A bearish scenario suggests a 60% drop, potentially pushing Ethereum down to $600.
Implications of a Crash
- A crash to $600 could lead to a liquidity reset and market capitulation, enabling strong long-term accumulation.
- An expansion phase could follow the accumulation, possibly driving prices rapidly upward in future bullish cycles.
- Long-term projections (2028–2029) see Ethereum potentially targeting $10,000–15,000, contingent on historical cycle behavior and liquidity growth.
- Growth depends significantly on Bitcoin's performance as the market leader.