Ethereum Price Plummets 45%: Analyzing Potential Rebound

Ethereum’s price has experienced a significant downturn, falling below $2,700 after a dramatic drop from its August 2025 high of around $4,950. This correction, which now exceeds 45%, brings the asset into key technical areas that analysts believe may support a future market resurgence. Several traders have adjusted their market outlooks, predicting a longer-term cycle and higher upside targets. 45% drop is notable, with daily volume sitting at $50.3 billion, highlighting ETH’s current decline. This move has brought Ethereum into areas where previous buyer interest was strong. Analysis suggests that the price may be entering a technical retracement phase.