Ether at risk of new 2026 lows if bulls fail to turn $2.4K into support

💡 DMK Insight

Ether’s struggle to maintain levels above $2,055 is critical right now. With fresh lows looming below $1,736, traders need to keep a close eye on the ascending trendline that’s been a key support. If bulls can’t defend this level, we could see a significant drop, potentially triggering stop-loss orders and further selling pressure. This scenario could also impact related assets like Litecoin, which often moves in tandem with Ethereum. Watch for any signs of weakness in the broader crypto market, as a breakdown could lead to cascading effects across altcoins. On the flip side, if Ether manages to hold above the trendline, it could set up a bullish reversal, making it a prime candidate for swing trades. Keep an eye on volume indicators and RSI levels for confirmation of any potential moves. For now, the critical watchpoint is the $1,736 level; a close below that could signal a bearish trend continuation.