If Ethereum's weekly price breaks below 1850 USD, it may accelerate the decline

Analyst Alicharts stated that if Ethereum's weekly closing price falls below $1850, a downward acceleration will become very likely. Through technical analysis, Alicharts believes that Ethereum's downward support levels will appear at the following targets:

• First target: approximately $1560 (mid-term structural support);

• Second target: close to $1070, marking the lower boundary of a multi-year range.