In that case, ETH could first test Fibonacci support levels near $1,430, $1,142, and $915. But the full measured target from the triangle breakdown sits much lower, near $600.
That does not mean ETH will immediately crash to $600. Still, a confirmed breakdown would raise the odds of Ethereum revisiting levels last seen before the previous bull cycle accelerated.
Momentum remains weak, with the RSI trending lower and ETH still below key moving averages.
For now, bulls must defend the long-term triangle support. A successful hold could trigger a rebound toward $2,265–$3,610. A failure could put $1,000 or lower back in play.
