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Ethereum Price Forecast: Bearish Symmetrical Triangle Breakdown Eyes $2,100 Floor
Ethereum (ETH/USD) is facing a major technical breakdown on the daily chart, now trading around $2,327 after dropping sharply from a long period of consolidation. The price fell out of a large symmetrical triangle pattern and broke through key demand zones, showing that momentum has shifted to the bears. Ethereum co-founder Vitalik Buterin drew market attention by selling 493 ETH worth $1.16 million. Lookonchain reported this transaction on February 3, 2026. Buterin has a history of using his holdings for grants and ecosystem development. Buterin also confirmed he withdrew 16,384 ETH to support open-source security ... (full story)
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