{"id":17016,"date":"2025-12-01T16:01:06","date_gmt":"2025-12-01T16:01:06","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-price-will-support-hold-or-break-below-2-8k\/"},"modified":"2025-12-01T16:01:13","modified_gmt":"2025-12-01T16:01:13","slug":"ethereum-price-will-support-hold-or-break-below-2-8k","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-price-will-support-hold-or-break-below-2-8k\/","title":{"rendered":"Ethereum price: will support hold or break below $2.8k?"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ethereum tests key Fibonacci support within a broader downtrend as RSI and Stochastic RSI flash oversold signals, leaving both rebound and further downside in play.<\/p>\n<div id=\"cn-block-summary-block_0df3f20282e87d3f47f3fc7c7981dc84\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>ETH is rejecting a descending trendline and retesting the 0.786 Fibonacci retracement, with lower horizontal supports if this level fails.\u200b<\/li>\n<li>Sideways action since early 2024 means a break of the downtrend plus a higher low could open a move toward prior highs.\u200b<\/li>\n<li>RSI and Stochastic RSI are oversold, but the analysis stresses downside risk, stop-loss discipline, and waiting for breakout confirmation before new longs.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ethereum has declined from recent highs and is testing critical support levels, according to technical analysis.<\/p>\n<p>The cryptocurrency\u2019s 12-hour chart shows the price has retreated from its recent peak and reached the 0.786 Fibonacci retracement level, the analysis stated. The price has failed to break through a descending trendline, with the most recent decline originating from that technical barrier.<\/p>\n<p>Should the 0.786 Fibonacci level fail to hold as support, additional horizontal support exists at lower price points.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">ETH is down 50% from its highs.<\/p>\n<p>Staking rate? Still grinding at 29.7%.<\/p>\n<p>No panic. No mass exits. No capitulation from the people actually running the network.<br \/>\ud83d\udd39 Price action says fear<br \/>\ud83d\udd39 Onchain behavior says conviction<\/p>\n<p>This divergence tells you something. The marginal seller\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/AfvlSsvwgK\">pic.twitter.com\/AfvlSsvwgK<\/a><\/p>\n<p>\u2014 Leon Waidmann \ud83d\udd25 (@LeonWaidmann) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/LeonWaidmann\/status\/1995479696423948461?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">December 1, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\">Will Ethereum price test a local bottom?<\/h2>\n<p>On the daily timeframe, Ethereum (ETH) has traded in a sideways pattern since the beginning of 2024, according to the technical review. A break above the downtrend line combined with a higher low formation could signal a potential move back toward previous highs, the analysis suggested.<\/p>\n<p>The Relative Strength Index (RSI) indicator shows a descending trendline, with a break above that line potentially corresponding to upward price movement. Meanwhile, Bitcoin (BTC) is also entering a period of uncertainty as the original cryptocurrency falters alongside the broader crypto market on Dec. 1.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Entering long positions during periods of negative market sentiment carries risk some traders view such conditions as potential buying opportunities.Yet further downside remains possible and recommended employing stop-loss orders near support levels for risk management.<\/p>\n<p>Alternatively, traders could wait for confirmation of a breakout above the descending trendline before entering positions, the analysis stated. The Stochastic RSI indicators have reached oversold levels, according to the technical review.<\/p>\n<p>The original analysis included a disclaimer stating the information is provided for informational purposes only and is not intended as legal, tax, investment, financial or other advice.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum tests key Fibonacci support within a broader downtrend as RSI and Stochastic RSI flash oversold signals, leaving both rebound and further downside in play. Summary ETH is rejecting a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=17016"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17016\/revisions"}],"predecessor-version":[{"id":17017,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17016\/revisions\/17017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15300"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=17016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=17016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=17016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}