The recent dynamics in the cryptocurrency market have sparked interest in the price movement of Ethereum (ETH). According to the latest analysis, Ethereum is near its key support level, and if it fails to hold this position, there is a risk of further price decline, potentially reaching levels below $2800. This concern stems from Michael van de Poppe, the founder of MN Trading, who noted that if this critical support is breached, Bitcoin could test $60,000, while Ethereum might drop to $2800 as the last opportunity for a significant correction. An anonymous trader, Crypto Wealth, offered their perspective, suggesting that the next key level that the price may touch before a full market reversal is approximately $2700. Meanwhile, the anonymous trader Poseidon pointed out that if the current situation continues, the price is expected to break through the $2800 low point and test the weekly demand range, with the potential fluctuation zone being between $2500-$2700. These analyses provide insights into future movements in Ethereum's price, reminding investors to monitor market trends and make corresponding investment decisions.