$ETH has broken below the $2,500 support and experienced a sharp flash crash.
It’s now holding just above the $2,200 support area, which previously served as a key accumulation zone in Q2 2025.
If this level fails, price could slide toward the $1,700–$1,800 range.
However, a strong reclaim of $2,500 would likely trigger a 10%–15% relief bounce.