Ethereum Loses $2K as Traders Expect a Deeper Correction in ETH Price
Published on March 27, 2026.
Ether's (ETH) price has dropped below the $2,000 mark, putting it at risk of a deeper correction in the coming weeks or months. The drop was accompanied by over $111 million in long ETH liquidations. The price failed to hold above the $2000 psychological support earlier in the week due to spot Ether exchange-traded fund (ETF) outflows, falling DEX volumes, and declining ETH futures premium. Analysts predict further drops towards the $1,750-$1,850 support zone. Meanwhile, ETH's Apparent Demand has been negative since March 3, reaching its lowest level since October 2024 due to geopolitical uncertainty and macro headwinds.
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