Ethereum Bear Market Scenario: $1,875 → $3K → $800 – Possible?

Ethereum's volatility also makes this price movement scenario plausible. Similar to Bitcoin, Ethereum has experienced sharp corrections and rebounds in the past, and such a pattern could unfold again. A rise to 3K could occur after a period of consolidation or a market rally, fueled by renewed investor confidence or positive developments in the Ethereum network. However, broader market downturns, macroeconomic factors, or investor risk aversion could drive the price back down to $800, as seen in previous bear markets.

Technical analysis also plays a role, as breaking through key support and resistance levels can trigger large price moves. Additionally, unexpected events, such as regulatory crackdowns or network vulnerabilities, could accelerate these shifts. While speculative, this scenario highlights the importance of risk management and strategic planning. What do you think about this potential price path for Ethereum? Feel free to share your thoughts below! 🚀📉