{"id":45777,"date":"2026-06-03T06:00:18","date_gmt":"2026-06-03T06:00:18","guid":{"rendered":"https:\/\/cryptd.in\/ethereum-ready-for-the-final-dip-analysts-call-for-new-lows-as-price-retests-1900\/"},"modified":"2026-06-03T06:00:18","modified_gmt":"2026-06-03T06:00:18","slug":"ethereum-ready-for-the-final-dip-analysts-call-for-new-lows-as-price-retests-1900","status":"publish","type":"post","link":"https:\/\/cryptd.in\/id\/ethereum-ready-for-the-final-dip-analysts-call-for-new-lows-as-price-retests-1900\/","title":{"rendered":"Ethereum Ready For The \u2018Final Dip\u2019? Analysts Call For New Lows As Price Retests $1,900"},"content":{"rendered":"

After the latest Ethereum (ETH) pullback, some analysts have pointed to a bearish setup that suggests the leading altcoin could see another correction toward its potential market bottom.<\/p>\n

Ethereum Bear Setup Breakdown Spells Trouble<\/h2>\n

On Tuesday, Ethereum saw a 5.5% intraday drop from its daily opening, falling below the $1,900 barrier for the first time since late February. Notably, the King of Altcoins broke down from its five-day range between $1,965-$2,035, reaching a two-month low of $1,880.<\/p>\n

Amid today\u2019s broader pullback, which also sent<\/a> Bitcoin (BTC) toward the $67,000 support, market observer Trader Tardigrade affirmed that ETH\u2019s final correction may be around the corner as a key bearish pattern is \u201crepeating perfectly.\u201d<\/p>\n

The trader pointed out<\/a> a breakdown from a bear flag formation on the altcoin\u2019s three-day chart. The setup had been forming since the February market crash, with the cryptocurrency breaking out of the pattern\u2019s lower boundary around mid-May, when the price lost the $2,200 area.<\/p>\n

\"Ethereum\"<\/p>\n

According to the above chart, this is the second time this pattern has formed since the Q3 2025 highs, with the first setup developing between late 2025 and early 2026, and resulting in the Q1 2026 40% crash.<\/p>\n

More importantly, Ethereum appears to be repeating<\/a> the same path as its correction from the Q4 2024-Q1 2025 rally. After topping in late 2024, the cryptocurrency printed two consecutive bear flags, followed by a fresh leg down, before reaching its local bottom and eventually starting a new bullish rally.<\/p>\n

Now, \u201cthe structure is identical. Same breakdown. Same setup,\u201d which suggests that \u201cthe final dip\u201d toward the market bottom may be around the corner. \u201cOnce this dip completes, we\u2019re headed straight into the next explosive leg up,\u201d the trader stated.<\/p>\n

Where Is ETH Headed?<\/h2>\n

Analyst Rekt Capital noted<\/a> that Ethereum closed the month below its multi-year uptrend for the second time in five months. The last time this happened, the altcoin saw a \u201climited move to the upside\u201d but was quickly rejected from the crucial $2,400 horizontal level.<\/p>\n

This signals that the rallies stemming from this trendline \u201care clearly weakening,\u201d with the multi-year uptrend \u201clikely faltering.\u201d According to the analysis, ETH must hold the 2026 lows, around $1,750, or reclaim the uptrend to avoid a deeper correction.<\/p>\n

Similarly, Ali Martinez named<\/a> this level a crucial support amid the recent price action. As he explained, Ethereum is approaching the bottom of its four-month horizontal channel, which is near the $1,825 level.<\/p>\n

To the analyst, \u201cthat area could offer a favorable risk-reward entry targeting $2,073 and $2,360, as long as price remains above $1,750 on a daily closing basis.\u201d<\/p>\n

However, he has previously warned<\/a> that since the price was rejected from the mid-zone of a multi-year channel and the 200-week Simple Moving Average (SMA), the altcoin risks a deeper correction.<\/p>\n

Therefore, if ETH sees a weekly close below the $1,850 area, \u201cdownside acceleration becomes highly likely,\u201d with the channel structure pointing to two major downside targets, from a technical perspective.<\/p>\n

Martinez concluded that the initial retracement would see Ethereum retest the interim structural support around $1,560, while a deeper correction could push the price near the lower boundary of the multi-year range, at $1,070.<\/p>\n

\"Ethereum,<\/p>","protected":false},"excerpt":{"rendered":"

After the latest Ethereum (ETH) pullback, some analysts have pointed to a bearish setup that suggests the leading altcoin could see another correction toward its potential market bottom. Ethereum Bear Setup Breakdown Spells Trouble On Tuesday, Ethereum saw a 5.5% intraday drop from its daily opening, falling below the $1,900 barrier for the first time […]<\/p>\n","protected":false},"author":1,"featured_media":45779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nEthereum Ready For The \u2018Final Dip\u2019? 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