Ethereum price risks crash as it confirms bearish pennant pattern amid ETF outflows

cryptonews01-22 20:02

Ethereum price dropped below $2,900 for the first time in 5 weeks as recent geopolitical concerns drove investors away from the crypto market. Summary Ethereum price briefly fell to a 5-week low ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEthereum price risks crash as it confirms bearish pennant pattern amid ETF outflows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-22 20:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/ethereum-price-risks-crash-as-it-confirms-bearish-pennant-pattern-amid-etf-outflows/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ethereum price dropped below $2,900 for the first time in 5 weeks as recent geopolitical concerns drove investors away from the crypto market.\n\n\nSummary\n\n\n\nEthereum price briefly fell to a 5-week low ...</p>\n\n<a href=\"https://crypto.news/ethereum-price-risks-crash-as-it-confirms-bearish-pennant-pattern-amid-etf-outflows/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ETHW","symbol_name":"以太坊ETF-Bitwise","start_time":0,"source_url":"https://crypto.news/ethereum-price-risks-crash-as-it-confirms-bearish-pennant-pattern-amid-etf-outflows/","article_id":"2605507495","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/ethereum-price-risks-crash-as-it-confirms-bearish-pennant-pattern-amid-etf-outflows/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2605507495","pubTimestamp":1769083339,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Ethereum price dropped below $2,900 for the first time in 5 weeks as recent geopolitical concerns drove investors away from the crypto market.Ethereum price briefly fell to a 5-week low of $2,872 on Thursday.Geopolitical concerns and consecutive outflows from ETFs impacted market sentiment.A bearish pennant pattern was confirmed on the daily chart.According to data from crypto.news, Ethereum  fell to an intraday low of $2,872 on Thursday morning Asian time after it lost the key $3,000 pyscologcial support level earlier on Tuesday.Ethereum price has confirmed a bearish pennant pattern on the daily chart — Jan. 22 | Source: crypto.news. At the time of publication, the leading altcoin by market cap had managed to recover back above the $3,000 mark, supported by news that Trump has decided not to move forward with the tariffs after a “very productive meeting” with NATO Secretary General Mark Rutte in Davos. This development may provide temporary relief for Ethereum and could help fuel a re","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"ETHW":"以太坊ETF-Bitwise","ETCO":"Grayscale Ethereum Covered Call ETF","ETHI":"Defiance Leveraged Long Income Ethereum ETF","ETU":"T-Rex 2X Long Ether Daily Target ETF","EETH":"以太币期货ETF-ProShares","YETH":"Roundhill Ether Covered Call Strategy ETF","ETHD":"ProShares UltraShort Ether ETF","ETHT":"ProShares Ultra Ether ETF","BTF":"比特币&以太币期货ETF-CoinShares","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","ETH":"低成本以太坊ETF-Grayscale","BK4588":"碎股","BK4550":"红杉资本持仓","SETH":"1倍做空以太币期货ETF-Proshares","ETHE":"最大以太坊ETF-Grayscale","BK4585":"ETF&股票定投概念","BK1611":"加密货币现货ETF","BK4601":"加密货币现货ETF"},"translate_title":"以太币价格面临崩盘风险，因为它在ETF外流中确认了看跌三角旗模式","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ETCO":0.6,"ETH":1.97,"ETHI":0.6,"ETHW":0.6,"ETHT":0.6,"ETU":0.6,"ETHD":0.6,"ETHE":0.6,"BTF":0.6,"EETH":0.6,"SETH":0.6,"ETQ":0.6,"YETH":0.6},"content_text":"Ethereum price dropped below $2,900 for the first time in 5 weeks as recent geopolitical concerns drove investors away from the crypto market.\n\n\nSummary\n\n\n\nEthereum price briefly fell to a 5-week low of $2,872 on Thursday.\nGeopolitical concerns and consecutive outflows from ETFs impacted market sentiment.\nA bearish pennant pattern was confirmed on the daily chart.\n\n\n\nAccording to data from crypto.news, Ethereum (ETH) fell to an intraday low of $2,872 on Thursday morning Asian time after it lost the key $3,000 pyscologcial support level earlier on Tuesday.\nEthereum price dropped because investors had turned risk-averse after U.S. President Donald Trump threatened to impose tariffs on eight NATO allies if they did not cede or sell Greenland to the United States. Over the last few trading sessions, Investors were seen moving to safe-haven assets such as Gold and Silver as they awaited the macro environment to cool off. \nAdding to this, a drop in institutional demand for Ethereum was also impacting retail sentiment. Data compiled by SoSovalue showed that investors had pulled out over $500 million from U.S. spot Ethereum ETFs over the past two days, an outflow trend not observed since mid-December last year.\nA decline in institutional demand has often acted as a bearish catalyst for Ethereum, as seen earlier on Dec. 18 last year, where sustained outflows from major funds led the Ethereum price to drop by nearly 8% in a single week.\nEthereum price risks drop to $2,500\nOn the daily chart, Ethereum price has confirmed a bearish pennant pattern that had formed since early October last year. The pattern is formed when an asset’s price drops sharply, forming the flagpole, and is followed by a small, triangular consolidation area called the pennant. \nEthereum price has confirmed a bearish pennant pattern on the daily chart — Jan. 22 | Source: crypto.news\nTraders typically enter a short position after the price decisively breaks the lower trendline of the pennant, as was the case for Ethereum price action.\nEthereum has also fallen below the 50-day SMA at $3,084, which has been acting as a dynamic level of resistance for the asset over recent weeks. Furthermore, the MACD lines have confirmed a bearish crossover, providing another sell signal for traders looking for momentum shifts.\nPut together, these bearish indicators suggest that Ethereum could fall by 17% to $2,500, which is the next psychological support level, that has acted as a strong floor for the cryptocurrency during a volatile period in Q2 2025.\nETH price could recover as macro tensions ease\nAt the time of publication, the leading altcoin by market cap had managed to recover back above the $3,000 mark, supported by news that Trump has decided not to move forward with the tariffs after a “very productive meeting” with NATO Secretary General Mark Rutte in Davos\nThis development may provide temporary relief for Ethereum and could help fuel a recovery, especially if it manages to hold above $3,000. \nSubsequently, a move back above $3,084 would invalidate the bearish forecast.\n\n\n\n\n\n                Read more:\n            \nSolana price loses bullish momentum — will $126 support prevent a deeper pullback?","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2605507495","isCrawlerRequest":true}