{"id":29474,"date":"2026-05-19T12:15:00","date_gmt":"2026-05-19T11:15:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=29474"},"modified":"2026-05-19T10:31:39","modified_gmt":"2026-05-19T09:31:39","slug":"ethereum-price-drop-2015-support","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/ethereum-price-drop-2015-support\/","title":{"rendered":"Ethereum plunges: Will the $2015 support level hold?"},"content":{"rendered":"\n

A 246 million purge that reshuffles the deck<\/h2>\n\n\n\n

Ethereum<\/a> is currently trading in a range between $2,125<\/strong> and $2,190<\/strong>, displaying extreme volatility<\/strong> that is paralyzing retail investors. The recent drop triggered a massive wave of $246 million<\/strong> in liquidations, wiping out the long positions accumulated during the previous bounce. This type of purge is painful in the short term but serves a specific technical purpose: clearing out excess leverage and cleaning up the market structure. Poorly calibrated leverage positions paid a heavy price during this sudden correction. The market is thus resetting on healthier foundations, potentially more conducive to a sustainable rebound.<\/p>\n\n\n\n

Paradoxalement, several crypto whales<\/a> are taking advantage of this retracement to heavily accumulate ETH tokens. This countercyclical behavior is characteristic of institutional players operating on horizons of several months. When retail flees, large wallets buy. This divergence between the widespread sentiment of fear<\/strong> and the on chain behavior of whales constitutes one of the most reliable signals in crypto market analysis. The fear and greed index sitting in extreme fear territory mechanically amplifies this opportunity for big capital.<\/p>\n\n\n\n

The global macroeconomic context is weighing on all altcoins, with ETH remaining the most exposed due to its market capitalization and liquidity. The correlation with Bitcoin remains strong as any weakness in BTC mechanically translates into amplified pressure on Ether. Capital outflows from Bitcoin ETFs have also weighed on the overall market sentiment. The crypto trend remains bearish in the short term, but fundamental accumulation signals argue for a medium term recovery. Patience is the most profitable virtue here.<\/p>\n\n\n\n

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\ud83d\udea8 CRYPTO MARKET BLOODBATH \ud83d\udea8

OVER $563 MILLION IN LONG POSITIONS JUST GOT ERASED IN 24 HOURS.

LARGEST LIQUIDATION EVENT SINCE FEBRUARY.

ETH ACCOUNTED FOR $244M LIQUIDATION MEANWHILE BTC SAW ANOTHER $160M WIPED OUT.

WHO THE FU*K IS SELLING?
pic.twitter.com\/58SDBgiVZ9<\/a><\/p>— Money Ape (@TheMoneyApe) May 18, 2026<\/a><\/blockquote>