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Ethereum Price Analysis: Descending Triangle Structure Threatens Drop Below $2,800

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$2,948.55-3.11%
Ethereum price today is under pressure after breaking below a key trendline in a descending triangle pattern. Price analysis from Alpha Trade Scope shows bearish momentum since the August 2025 peak, with a 29% drop in Q4 2025. The asset is now trading in a Fair Value Gap between $2,930 and $2,960, with resistance at $3,000 and support near $2,815 and $2,748. A continued breakdown could push Ethereum price today lower.
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