Ethereum’s Bearish Divergence Signals Opportunity: Why $3,000–$3,100 Is the Ultimate Buy Zone
Ethereum's price action flashes warning signs—but smart money sees a discount waiting to happen.
Key Levels to Watch
The $3,000–$3,100 range isn’t just psychological support—it’s where institutional buy orders cluster like Wall Street bankers at an open bar. A dip here could trigger a feeding frenzy.
Why This Matters
Bearish divergences often precede reversals, not collapses. Ethereum’s network activity still dwarfs most Layer 1s—even if the tokenomics sometimes feel like a Ponzi scheme with better PR.
Bottom Line
Traders chasing the next ATH might regret ignoring this zone. Meanwhile, crypto skeptics will call it gambling—right before quietly buying the dip through their Grayscale trust.
According to the analyst, the primary bounce zone lies NEAR $3,300, a level where he estimates a 70% chance of recovery. However, if macro or geopolitical events intensify risk-off sentiment, he expects a deeper retracement into the $3,000–$3,100 range—which he calls “the best entry of the second half of the year.”
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The chart reinforces this view, showing divergence on the RSI alongside clear loss of momentum. Two key support blocks are outlined, with the lower block seen as a high-probability accumulation zone. The wider market appears to be entering a cautious phase, and van de Poppe suggests that ETH’s drop could offer a compelling opportunity for mid- to long-term bulls.
This view contrasts with other analysts like Mike Novogratz, who still believe Ethereum may finish the year near $4,000. For now, however, van de Poppe warns that traders should prepare for further volatility and monitor technical levels closely.
