Ethereum ($ETH) Crypto Forecast: Down 5.5% Today

What is Ethereum?

Ethereum (ETH) is a popular cryptocurrency token known for its smart contract functionality and decentralized applications. The overall cryptocurrency market has been experiencing increased volatility recently.

Why is Ethereum going down?

ETH crypto is down 5.5% on Jan 30, 2026 18:20

• 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.

ETH Price Chart

ETH Technical Analysis

ETH News

Why Is Bitmine Immersion Stock Falling Friday? - BitMine Immersion ( AMEX:BMNR )

Bitmine Immersion Technologies Inc. ( NYSE:BMNR ) stock declined on Friday as Ethereum ( CRYPTO: ETH ) extended losses during afternoon trading. "Own what works. But don't let FOMO make you abandon good ideas," Lee stated, according to a Benzinga report on Thursday.

https://www.benzinga.com/trading-ideas/movers/26/01/50271043/why-is-bitmine-immersion-stock-falling-friday

Morning Minute: Washington Just Gave Crypto the Green Light

It was a big day for crypto policy in the US yesterday, but work still remains to be done ...

https://decrypt.co/356463/morning-minute-washington-just-gave-crypto-the-green-light

Crypto Today: Bitcoin, Ethereum, XRP plunge as risk-off sentiment persists, liquidations soar

Bitcoin (BTC) is extending its downside momentum at the time of writing on Friday, slipping below the critical $84,450 support level as a confluence of macroeconomic headwinds and risk-off sentiment grips global markets.

https://www.fxstreet.com/cryptocurrencies/news/crypto-today-bitcoin-ethereum-xrp-plunge-as-risk-off-sentiment-persists-liquidations-soar-202601301228

Ethereum Risks Another Crash to $2,100: Here's Why

Ethereum slipped under $2,800 as charts and onchain data suggested downside risk remains elevated, with a potential move toward $2,100.

https://cointelegraph.com/news/ethereum-breaks-below-2-8k-charts-hint-another-eth-price-drop

Crypto ETFs Shed Over $1B In Daily Outflows As Market Slides

US spot Bitcoin ETF flows turned negative for January after a series of outflows this week totaling nearly $1 billion, data from SoSoValue show.

https://cointelegraph.com/news/bitcoin-ether-etfs-1-billion-outflows-crypto-6-percent-slump

Trending Today

Alaska Air Group Inc. ($ALK) Stock Forecast: Down 5.6% Today

Roku Inc. ($ROKU) Stock Forecast: Down 5.3% Today

ON Semiconductor Corporation ($ON) Stock Forecast: Down 5.4% Today

Apache Corporation ($APA) Stock Forecast: Down 5.4% Today

Ethereum ($ETH) Crypto Forecast: Down 5.5% Today

Reddit Inc ($RDDT) Stock Forecast: Down 5.1% Today

Rivian Automotive Inc. ($RIVN) Stock Forecast: Down 5.5% Today

Marathon Digital Holdings Inc. ($MARA) Stock Forecast: Down 5.1% Today

AT&T Inc. ($T) Stock Forecast: Up 5.0% Today

Shopify Inc. Class A Subordinate ($SHOP) Stock Forecast: Down 5.1% Today

Ethereum Price History

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 7.0%

• 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 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 6.0%

• 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.

21.00.2026 - ETH Crypto was down 6.3%

• Facing a bearish movement, ETH closed below key daily supports in line with the broader trend in the cryptocurrency market.
• Weakening institutional and retail demand along with geopolitical tensions and macroeconomic risks contributed to the decline in ETH.
• The migration of Noble stablecoin blockchain from Cosmos to Ethereum potentially added selling pressure on ETH as investors adjusted their positions.
• The increase in traditional safe-haven assets such as Gold and Silver amid geopolitical tensions, juxtaposed with the drop in digital assets like Bitcoin and Ethereum, suggests a shift in investor sentiment towards more traditional assets.

21.00.2026 - ETH Crypto was down 5.1%

• Noble Stablecoin Blockchain transitioning to Ethereum could have been a positive factor for ETH's value initially. However, the prevailing bearish sentiment in the market outweighed this development.
• The price corrections in Bitcoin, Ethereum, and Ripple, coupled with the upsurge in Gold and Silver prices, signify a broader market shift towards traditional safe-haven assets.
• Geopolitical tensions related to the US proposed acquisition of Greenland and President Trump's tariff warnings have unsettled investors, prompting a crypto market sell-off, including in Ethereum.
• Concerns about address poisoning influencing Ethereum's network activity might have further fueled the negative sentiment, contributing to the downward pressure on ETH's price.

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.

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.

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.

25.00.2026 - ETH Crypto was down 5.2%

• Robert Kiyosaki's nonchalance towards Bitcoin and Ethereum price fluctuations may indicate a resilient investor sentiment despite the bearish market movement.
• Consideration of crypto trading by UBS Group AG for wealthy clients and the launch of Dogecoin's ETF may have generated positive buzz, contrasting with Ethereum's bearish trend.
• Ethereum Foundation's focus on post-quantum security highlights the project's commitment to enhancing its technology, potentially laying the groundwork for future positive price movements.
• The correlation between Ethereum's price decline and macroeconomic factors, as well as the comparison to silver's surge, suggests that external market influences and shifting investor preferences may have contributed to today's bearish movement in the crypto market.