Ethereum faces short-term pressure, falling below the $2900 mark during trading

2026-01-21 16:46:10

【BlockBeats】Ethereum experienced a noticeable correction yesterday. The market data on January 22 shows that this popular cryptocurrency in the market briefly fell below the key support level of $2900, with a low of around $2897.35. From a time perspective, the decline in the past hour reached 3.66%, reflecting some selling pressure at this price level. This wave of decline has attracted the attention of many traders, who are still observing whether it is a technical correction or a sign of a deeper adjustment, as the market awaits further developments.

ETH0,07%

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ZKSherlock

· 01-24 05:02

actually, everyone's obsessing over support levels when they should be asking *why* the market structure even matters here... like, what's the trust assumption underlying your price discovery mechanism? 2900 is arbitrary unless you understand the cryptographic game theory beneath it ngl

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TommyTeacher