Cryptocurrency analysts predict Ethereum’s fall to $ 600

Crypto market analysts are predicting a likely drop in Ethereum ETH $2,170.30 Bridged Ether (StarkGate) -3.79% Market capitalization $38.61 million VOL. 24 hours $0.59 billion to $ 600. Despite the fact that the price of the second-largest cryptocurrency by capitalization is now stabilizing below $ 2,000, experts believe this is only a temporary pause before a deeper correction.

The article notes that support at around $ 1,900 is weak and could be broken in the near future. The scenario described by the analysts envisages a 60% decline in value, which will be a kind of «restart» of liquidity and market capitulation.

According to the researchers, such a drop could have a positive long-term effect. It will create conditions for more stable investors to accumulate the asset, which will subsequently pave the way for a new growth cycle.

The forecast says that after the accumulation phase, Ethereum may enter a phase of rapid expansion. In the perspective of 2028−2029, the price can reach the range of 10−15 thousand dollars if the historical market behavior and liquidity growth repeat.

Analysts emphasize that the realization of such a scenario will depend on a long period of accumulation and the dynamics of bitcoin, which remains a key benchmark for the entire crypto market.