Ethereum Price Today: ETH At $2,138
$2,100 is where everything concentrates now. It is the level analysts flagged weeks ago as the point below which ETH enters a different conversation entirely: double-top risk for 2026, the $1,900 area as the next stop, and a potential retest of the April lows near $1,400. ETH is currently $38 above $2,100. That is not much cushion. A daily close below $2,100 would confirm the level has broken and open the path toward $1,900 and then $1,650, which FXEmpire has flagged as a 50% probability target if the double-top pattern on the monthly chart plays out. To stop the bleeding, ETH needs a daily close back above $2,211, which is the 50-day EMA that has now flipped fully to resistance. Above that, $2,281 is the next resistance zone where the weekly open sits. Neither level is close from current price. Why ETH Keeps Underperforming The pattern is structural, not coincidental. Three reasons explain why ETH drops more than BTC every week this month. ETH has a higher beta to risk sentiment and a 0.78 correlation to the Nasdaq 100. When geopolitical risk spikes or yields rise, institutional traders reduce risk-asset exposure and ETH gets hit before BTC because it is perceived as the higher-risk of the









