Wide sideways movement at $ETH , good prospects for a strong decline!

Unlike Bitcoin, which updated its previous ATH at 69,000 in this cycle, Ethereum was unable to do so. In August 2025, the price reversed from the previous ATH at 4867 and fell.

Such a structure may suggest the presence of a wide sideways movement between the levels of 4867 and 1070. On the chart, I marked important key levels:

1. 2000 — MA350 level, a good reversal support for all coins.

2. 1550 — the next strong support level.

3. 1073 — the lower long-term support and the bottom of the sideways movement.

I marked possible phased scenarios for the decline with red arrows, down to a deep correction at 1073. I think the depth of Ethereum's decline will depend on the depth of Bitcoin's decline. If Bitcoin falls from 90k to 50k, then the decline of Ethereum will be proportional or even stronger. Wishing everyone successful trading!

What level do you think Ethereum will fall to? Write your thoughts in the comments!

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