ETH drops below 2850 USDT, down more than 13% in the past week

2026-01-25 18:13:36

According to the latest news, ETH has fallen below the 2850 USDT threshold, with the current price at 2848 USDT. This decline is not an isolated event but a continuation of a larger recent adjustment. From the data, ETH has dropped over 13% in the past week, indicating significant short-term pressure. As the second-largest cryptocurrency by market capitalization, ETH’s performance warrants close attention.

Short-term Trend Pressure Intensifies

Multi-timeframe downward trend

According to market data, ETH shows a decline across different timeframes:

Timeframe	Drop
1 hour	0.40%
24 hours	2.58%
7 days	13.63%
30 days	1.22%

The most notable is the 7-day decline. A 13.63% weekly drop indicates this is not just short-term volatility but a relatively clear downward trend. In comparison, the 1-hour and 24-hour declines are more moderate, which may suggest some easing of downward momentum in the short term.

Market fundamentals remain solid

Despite price pressure, ETH’s market fundamentals remain active:

Market cap: $34.786 billion, still accounting for 11.75% of the crypto market
24-hour trading volume: $1.225 billion, indicating sufficient market liquidity
Market rank: remains second
Circulating supply: 120,694,435 ETH

These data points show that market attention and trading activity for ETH have not significantly decreased due to the price drop. The maintained or even increased trading volume (up 7.94% from the previous day) suggests market participation remains healthy.

Short-term Focus

From a technical perspective, breaking through the 2850 USDT level may attract attention, but it is more important to observe whether subsequent support levels can hold. The 13% decline over 7 days is considerable; a short-term rebound is possible, but further downside risks should also be monitored.

Summary

ETH breaking below 2850 USDT reflects recent adjustment pressure, but based on market cap share, trading volume, and ranking, the fundamentals remain stable. The key is to watch whether this decline will establish new support levels or continue to probe lower. For holders, paying attention to upcoming technical signals and market sentiment changes is essential.

ETH-1,78%

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