The post Why Ethereum Is Down Today: Analyzing the $2,750 Rejection and Potential Rebound appeared first on Coinpedia Fintech News Ethereum is struggling once again as bearish forces take control. With Bitcoin tumbling below $96,000 , ETH failed to sustain its recovery, reversing from the $2,750 resistance. A weakening technical setup and increased selling pressure are now fueling concerns of a potential dip to $2,400. The possible reason could be low trading volume and rising gas fees, along with record-high ETH supply, signal further downside. While the outlook remains bearish as the market is still under the trend line resistance, there are some signs of a rebound. Let’s dive in. https://twitter.com/Call4Tokentalk/status/1891728706831356175 ETH Fails to Hold $2,750, Slips to $2,663 Ethereum’s recent rally lost steam as it failed to clear the critical $2,750 supply zone. The rejection led to a 2.9% pullback, bringing ETH down to $2,663. The broader market remains volatile, and Ethereum’s price action continues to form lower highs, signaling bearish momentum. Currently, ETH is holding short-term support at $2,600. However, a stronger breakdown could accelerate losses, bringing $2,400 into focus. The death cross between the 50-day and 200-day EMAs , coupled with a declining 100-day EMA, has further suggested a bearish outlook. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Capital Inflows into Bitcoin and Ethereum Fall, But ETH Price Remains Strong—What’s Next for BTC Price? , Can Institutional Demand Save Ethereum? Despite its underperformance, Ethereum still has some bullish catalysts. U.S. spot Ethereum ETFs have recorded an inflow of 145k ETH in February, a significant jump compared to January. Additionally, Santiment reports that ETH’s supply on exchanges has dropped to an all-time low, suggesting strong accumulation. If Ethereum manages to hold above $2,600 and sentiment shifts, a rebound toward $3,000 remains possible. However, if bears continue to dominate, ETH could soon test the $2,400 support zone. Signs of Rebound? According to Santiment’s X post , Ethereum is showing signs of recovery, climbing to $2,745 and outperforming most altcoins. A key factor behind this trend is the rapid movement of ETH from exchanges to cold wallets, with only 6.38% of its total supply now available for trading—the lowest since its inception. This is generally a positive sign as investors are holding onto their ETH, reducing selling pressure. Plus, market sentiment around Ethereum is improving after a weak 2024, with many anticipating a stronger rebound when broader crypto markets recover. 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Yes, significant institutional inflows into U.S. spot Ethereum ETFs could provide support, potentially helping ETH rebound above $2,600 if sentiment shifts. Is Ethereum a good investment? As the altcoin season begins, the short-term gains make Ethereum a lucrative buying option. However, the long-term promises of this programmable blockchain make it a viable long-term crypto investment. How much would the price of Ethereum be in 2040? As per our latest ETH price analysis, the Ethereum could reach a maximum price of $123,678.