Crypto: Ether Leads Crypto Losses With 30% Crash: Where Is The Bottom?

Ether price still risks declining toward the $1,000-$1,400 range, according to a confluence of bearish technical and onchain indicators.

Ether (ETH) has fallen by 30% over the past seven days, sliding to $1,900 from $2,800. The drop was accompanied by a sharp decline in futures activity, with Ether’s open interest falling by more than $15 billion over the same period.

Analysts are now focusing on the long-term technical zones and onchain indicators that may signal a major turning point for ETH price.

Ether has dropped 30% in seven days, slipping below the $2,000 psychological level.

Yesterday’s ETH price crash now brings $1,000-$1,400 into focus.

The ETH/USD pair dropped below $2,000 for the first time since May 2025, reaching a nine-month low of $1,740 on Friday. While Ether has since recovered to $1,900 at the time of writing, it has recorded the largest weekly drawdown of 30% among the top-cap cryptocurrencies.

Related: Trend Research dumps over 400K ETH as liquidation risk rises

Bitcoin (BTC), the market leader, was trading at $66,340 at time of writing, down 21% over the last seven days. Fifth-placed XRP (XRP) has lost more than 21% over the last week to trade just above $1.37. Solana (SOL) has also posted significant losses among the top 10 cryptocurrencies, down 29% over the same period.

As a result, the global crypto market capitalization is down 20% over the week toward $2.23 trillion on Friday.

Ether’s slump this week is accompanied by significant long liquidations totaling $400 million over the last 24 hours, signaling intense selling by traders.

Source: CoinTelegraph