Ethereum Price Prediction: Is $2K Next After ETH’s Latest $2.5K Rejection?

Ethereum’s latest rebound reversed sharply, taking the price back to about $2.4K and leaving a bearish breakdown as the main scenario. After a rally toward $2.48K–$2.52K failed, ether slipped into the $2.36K–$2.44K demand zone and below the lower boundary of an ascending channel. A daily close under $2.36K, followed by a break of the $2.32K low, would favor a deeper correction toward $2.2K–$2.27K; a one-month Binance ETH/USDT liquidation heatmap shows an estimated cluster at $2.15K–$2.2K that could become a downside liquidity target. Iran-US tensions add a possible risk-off headwind, though their effect on ETH remains speculative.