Ethereum Price Targets Sub $1000Ethereum / TetherUSBINANCE:ETHUSDTThe_Alchemist_Trader_Ethereum price action continues to trade within a broader higher-timeframe range, with the market remaining confined between established areas of support and resistance. Despite multiple attempts to generate sustained upside momentum, Ethereum has struggled to break free from this larger consolidation structure, leaving price vulnerable to further downside pressure. A key level currently being monitored is the point of control, which represents the area of greatest trading activity within the current range. This region is acting as an important support zone, but signs of weakness continue to emerge as sellers maintain control of short-term price action. Should Ethereum lose acceptance at the point of control, the probability of a deeper corrective move would increase significantly. From a technical perspective, the range lows have yet to be tested, leaving open the possibility of a move toward the next major downside target below $1,000. This area represents a critical support region that could determine the future direction of the broader market structure. If price action retraces into this zone and buyers successfully defend it, Ethereum may be able to preserve the larger trading range and establish the foundation for a bullish reversal toward higher levels. However, until evidence of strength begins to emerge, both intraday momentum and higher-timeframe market structure continue to favor the bears. For now, Ethereum remains technically weak, with a move toward sub-$1,000 levels remaining the most likely scenario in the current market environment.