{"content":"Ethereum on the Edge — Is a Drop to $2,350 Inevitable? ⚠️ After hitting a monthly high on Tuesday, Ethereum has swung low. The crypto market needed this gain after seeing ETH struggle while Bitcoin soared. Bears have retaken control and sellers are in charge, ending the bullish breakout. With this current pattern, Ethereum may have ended its price drop. Crypto researcher Gianni Pichichero outlined why the Ethereum price trend is concerning. This covers the altcoin's movements from Monday's bullish ascent to the market-shocking bearish reversal. Gianni said that the week's starting range set the monthly high before breaking low. As Ethereum rose fast to $2,700 for the first time in over a month, significant players entered the market. By Wednesday, the market had turned from bullish rallies to consolidation. Ethereum closed the week in red after returning to its opening range high. Gianni says this initial red close was bearish. It did not immediately predict Ethereum's fall. However, it suggested that Monday's bullishness may be finished. By Thursday, the market had reversed and challenged the previous day's lows. As the market anticipated bad news, Thursday's red close was bearish. The expert warned in the chart that lower lows on both days might lead to a price collapse. In this event, Ethereum might fall below $2,400 again, wiping its recent gains. As this develops, Gianni advises against extreme maneuvers and to hunt for high-market sales chances. I will look for sell high opportunities following the announcement, reinforced by negative price action, triple tops, double tops, and any reversal patterns into the most recent high, he added. #EthereumSecurityInitiative #ETH #BinancePizza #CryptoCPIWatch #CryptoRegulation $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/17/51360b2974794979b30de9e6720873ee.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}