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Ethereum faces downside risk near $2,220 after recent long liquidations and weak support at $2,289.

Technical Signals
28 Apr 2026
Coinpaper
View Source
Bearish
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Ethereum's price dropped sharply after clearing many long positions, with a key liquidity cluster now near $2,220 acting as a major downside risk zone. The cryptocurrency is currently testing weak micro support around $2,289, and the short-term outlook remains bearish unless buyers can push the price above the resistance range of $2,319 to $2,374. If sellers maintain control, Ethereum could move toward lower support levels near $2,240, $2,179, and $2,120, signaling continued pressure on the asset.

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