Why Ethereum Could Tank Another 25% Before Finding a Bottom: Analysis – Decrypt

Jun 3, 2026 - 20:30
Why Ethereum Could Tank Another 25% Before Finding a Bottom: Analysis – Decrypt
In brief Ethereum dropped 8% today alone, crashing through the $2,000 psychological support zone and hitting an intraday low near $1,814. On Myriad, traders are now betting ETH reaches $1,500 before it bounces back to $3,000—a probability that surged nearly 25% in recent weeks. The charts back the bearish bet: RSI is in bear territory,...

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