Ethereum ($ETH) Crypto Forecast: Down 11.1% Today

What is Ethereum?

Ethereum (ETH) is a prominent cryptocurrency token known for its smart contract functionality and decentralized applications. The overall cryptocurrency market experienced a bearish movement today, with significant price declines across major tokens like Bitcoin and Ethereum.

Why is Ethereum going down?

ETH crypto is down 11.1% on Jan 31, 2026 21:01

• The bearish movement in Ethereum can be attributed to the broader market trend, as Bitcoin and other cryptocurrencies also saw significant price drops.
• Liquidations exceeding $2.5 billion in the crypto market indicate high volatility and potential panic selling, contributing to the downward pressure on Ethereum.
• The sell-off in commodities, along with uncertainties surrounding Trump's Fed chair pick, likely added to the negative sentiment in the market, impacting Ethereum's price.
• Substantial unrealized losses in Ether by a major player and the general deepening of the crypto sell-off may have further intensified selling pressure on Ethereum, exacerbating its bearish movement.

ETH Price Chart

ETH Technical Analysis

ETH News

Crypto Crash: Liquidations Top $2.5 Billion as Bitcoin, Ethereum and XRP Prices Plummet

The crypto market's recent decline only accelerated Saturday, with Bitcoin falling to nearly $77,000 as liquidations piled up.

https://decrypt.co/356557/crypto-crash-liquidations-2-5-billion-bitcoin-ethereum-xrp-plummet

Bitcoin dips below $78,000 as market digests silver sell-off, Trump's Fed chair pick

Bitcoin and Ethereum plunged following wide swings in the commodities market.

https://www.cnbc.com/2026/01/31/bitcoin-dips-below-78000-after-silver-selloff.html

Bitcoin Falls Below $80,000, Down 5% Over Past 24 Hours

Bitcoin ( CRYPTO: BTC ) experienced a significant drop, falling below the $80,000 mark on Saturday. This sharp decline has triggered a widespread crash in the cryptocurrency market. On January 31, Bitcoin's value plummeted by 5% within a span of 24 hours, trading at $78,479.21.

https://www.benzinga.com/crypto/cryptocurrency/26/01/50286880/bitcoin-falls-below-80000-down-5-over-past-24-hours

BitMine Faces $6B Unrealized Ether Loss as Crypto Sell-Off Deepens

BitMine's growing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns.

https://cointelegraph.com/news/bitmine-immersion-technologies-ether-losses-crypto-liquidation

Active Solana Addresses Spike, More Merchants Take Bitcoin

Activity on Solana has spiked as new AI tech makes it easier than ever to launch memecoins. Meanwhile, Ethereum is plugging away at future-proofing and bringing down fees.

https://cointelegraph.com/news/active-solana-addresses-spike-115-four-in-ten-merchants-take-bitcoin-month-in-charts

Trending Today

S&P 500 Index ($SPX) Index Forecast: Down 0.2% Today

Silver ($XAG) Commodity Forecast: Up 5.7% Today

Bitcoin ($BTC) Crypto Forecast: Down 5.9% Today

Ethereum Price History

31.00.2026 - ETH Crypto was down 6.1%

• The downward movement in Ethereum today may be linked to the outflows observed in Bitcoin and Ether ETFs, signifying a shift in investor sentiment towards these assets.
• Vitalik Buterin's withdrawal of a substantial amount of ETH and the Ethereum Foundation's pivot towards financial discipline might have sparked concerns among investors regarding the token's future progress and viability.
• The surge in activity on Solana and the growing acceptance of Bitcoin by more merchants could have diverted focus and investments away from Ethereum, contributing to its decline.
• In summary, the amalgamation of profit-taking in ETFs, internal governance adjustments within the Ethereum ecosystem, and external market dynamics may have collectively impacted Ethereum's bearish movement observed today.

31.00.2026 - ETH Crypto was down 13.4%

• Significant unrealized Ether losses by BitMine and a general cryptocurrency sell-off are likely factors contributing to ETH's bearish movement.
• Increasing outflows from Bitcoin and Ether ETFs throughout the trading week point to a trend of investors withdrawing from crypto assets, adding downward pressure on prices.
• Speculation around Vitalik Buterin's growth roadmap for Ethereum, which includes a period of 'mild austerity,' could have heightened market uncertainty and influenced negative sentiment towards ETH.
• The decline in BitMine Immersion Technologies Inc.'s stock alongside Ethereum's prolonged losses indicates a possible correlation between the two assets and reflects a broader negative market sentiment affecting ETH's price.

31.00.2026 - ETH Crypto was down 11.1%

• The bearish movement in Ethereum can be attributed to the broader market trend, as Bitcoin and other cryptocurrencies also saw significant price drops.
• Liquidations exceeding $2.5 billion in the crypto market indicate high volatility and potential panic selling, contributing to the downward pressure on Ethereum.
• The sell-off in commodities, along with uncertainties surrounding Trump's Fed chair pick, likely added to the negative sentiment in the market, impacting Ethereum's price.
• Substantial unrealized losses in Ether by a major player and the general deepening of the crypto sell-off may have further intensified selling pressure on Ethereum, exacerbating its bearish movement.

30.00.2026 - ETH Crypto was down 5.5%

• ETH fell below $2,800 and may drop further to $2,100 due to a significant bearish movement today.
• Market sentiment was affected by Bitcoin's downward trend, global risk aversion, and macroeconomic challenges.
• Reports on substantial outflows from crypto ETFs, including Bitcoin, contributed to the prevailing negative sentiment.
• Despite positive regulatory developments in the US for the crypto sector, the market remains cautious, prompting a sell-off of Ethereum and other leading cryptocurrencies.

30.00.2026 - ETH Crypto was down 6.4%

• Ethereum faced a bearish movement today, possibly influenced by the resurgence of a decade-long security crisis involving $220 million in unclaimed Ethereum from a hack, leading to uncertainty among investors.
• The 6% plunge in ETH price could also be attributed to the overall market trend where cryptocurrencies like Bitcoin and Ripple were also trading under pressure due to weak technicals and risk-off sentiment.
• Additionally, the underperformance of Ethereum compared to traditional assets like gold and silver, which have seen significant rallies, might have prompted some investors to shift their focus away from ETH, contributing to the downward movement.
• The confirmation of a triangle breakdown in ETH price charts further reinforced the bearish sentiment, with a potential downside target of $2,250 if sellers continue to dominate the market.

30.00.2026 - ETH Crypto was down 7.3%

• The launch of The DAO Security Fund, aimed at enhancing security for Ethereum, was not enough to offset the overall bearish sentiment in the market.
• Despite the efforts to boost security and address past vulnerabilities, ETH struggled to maintain its value as bears took control of the momentum in the cryptocurrency market.
• Advice not to abandon Ethereum due to Fear of Missing Out (FOMO) did not prevent a 6% plunge in ETH prices, possibly indicating that broader market trends and the surge in traditional assets like gold and silver impacted investor sentiment towards cryptocurrencies.
• The revival of Ethereum's oldest crisis through the establishment of a $220 million security fund highlighted ongoing concerns about the security and stability of the Ethereum network, contributing to the downward pressure on ETH prices.

30.00.2026 - ETH Crypto was down 6.6%

• ETH faced a bearish movement as risk-off sentiment persisted globally, resulting in price drops.
• Onchain data and charts pointed towards downside risks for Ethereum, potentially leading to a decline towards $2,100 amid the overall bearish trend.
• Outflows from crypto exchange-traded funds (ETFs), including Bitcoin ETFs, reached nearly $1 billion, exerting selling pressure on the market and affecting ETH's performance.
• Despite Vitalik Buterin's announcement of a $45M initiative for privacy and open hardware, ETH's price today was more influenced by market sentiment and external factors than this development.

30.00.2026 - ETH Crypto was down 7.0%

• Concerns about the security of the Ethereum network may have arisen due to unclaimed ETH from The DAO hack being utilized for a security fund, potentially leading to a sell-off of ETH.
• An old crisis involving a $220 million security fund resurfacing after a decade could have caused apprehension among investors, resulting in negative sentiment towards ETH.
• Despite Ethereum's plunge, Tom Lee advised against abandoning the cryptocurrency, suggesting a temporary setback influenced by a surge in traditional safe-haven assets like gold and silver.
• The bearish movement of Ethereum today is likely attributed to weak technicals and risk-off sentiment in the cryptocurrency market.

30.00.2026 - ETH Crypto was down 6.0%

• Vitalik Buterin's $45M plan for privacy and open hardware may have initially sparked positive sentiment, but the overall market sentiment led to a bearish movement for ETH.
• The significant crash in Bitcoin, Ethereum, XRP, and Dogecoin, along with massive liquidations, likely contributed to the bearish trend in the cryptocurrency market, dragging down ETH as well.
• The launch of The DAO Security Fund and the use of unclaimed ETH from The DAO hack for security purposes could not offset the broader market sell-off, leading to ETH breaching $2,700 and slipping below $2,800.
• Despite positive developments like The DAO Security Fund, the overall bearish momentum in the market, with Bitcoin nearing November lows and Ethereum facing increasing downside pressure, resulted in ETH experiencing a strong bearish movement today.

29.00.2026 - ETH Crypto was down 5.4%

• ETH price charts confirmed a triangle breakdown, indicating a shift in the near-term bias lower.
• The weak technicals and risk-off sentiment in the overall cryptocurrency market dragged down ETH, along with Bitcoin and XRP.
• The anticipation of the MegaETH mainnet launch on February 9 might have caused some uncertainty and profit-taking among investors.
• The increase in staking activity for Ethereum, leading to a jam-packed validator entry queue, could have also contributed to the bearish pressure on ETH as more tokens are being locked up for staking.

29.00.2026 - ETH Crypto was down 6.7%

• Ethereum (ETH) saw a notable decrease, dropping by 6% while gold and silver saw gains, hinting at differing investor preferences between cryptocurrencies and traditional assets.
• Weak technical indicators and a risk-averse market sentiment are likely contributors to Ethereum's underperformance compared to gold, silver, and equities.
• A recent breakdown in ETH price charts suggests a bearish bias, with a possible support level at $2,250 if selling pressure persists.
• A decline in Ethereum exchange balances along with increased staking activities indicates a growing trend of staking ETH for rewards, potentially impacting the token's market dynamics and circulating supply.

29.00.2026 - ETH Crypto was down 6.3%

• Ethereum (ETH) faced a bearish movement as indicated by the triangle breakdown on price charts, with a focus on the $2,250 level if sellers maintain control.
• The weak market sentiment and deteriorating technical structures in the cryptocurrency market, including Bitcoin (BTC) and Ripple (XRP), contributed to the downward pressure on Ethereum.
• The anticipation of the MegaETH mainnet launch on February 9 may have led to increased selling pressure as traders adjusted their positions ahead of the event.
• The rise in staking activity for Ethereum, as evidenced by the jam-packed validator entry queue, could have also influenced the bearish movement by reducing available supply on exchanges.