Ethereum SuperTrend Reversal: Why The ETH Price Could Crash To $1,200

Ethereum’s newest value construction is beginning to look like a sample that has beforehand led to steep declines, and one analyst believes the sign is already in play.

A technical breakdown shared by Leshka.eth on X factors to a SuperTrend reversal on the day by day timeframe, which is a setup that has at all times led to heavy drawdowns for ETH. The construction will not be new, however the way in which it’s forming once more has raised concern. If all goes in line with the laid out construction, then the ETH price could crash to as little as $1,200.

The SuperTrend Indicator Has Flipped Again

The SuperTrend indicator is a trend-following instrument that plots dynamic help and resistance ranges based mostly on value volatility. This indicator has reversed bearish on Ethereum’s day by day timeframe. According to chart analysis by Leshka.eth, that is the third time this setup has appeared within the present cycle, and the earlier two situations led to steep losses.

The first occasion, which shaped across the October and November 2025 interval, noticed Ethereum initially maintain a help zone earlier than breaking down. The collapse that adopted measured roughly 45.03%, a selloff that worn out a good portion of the positive aspects from earlier within the yr. Notably, this selloff noticed the ETH value fall from above $4,750 till it fell beneath $2,750.

The second setup took place in early 2026. Again, the ETH value appeared to seek out footing at a help stage in early January, however that help finally gave method through the second half of the month. This finally led to a decline that regarded like the primary episode in magnitude, with the ETH value falling beneath $1,850 within the first week of February 2026.

That similar transition is now happening once more. The SuperTrend has turned crimson, and this locations Ethereum in a situation that has at all times favored continuation to the draw back.

The Line In The Sand

The outlook from this evaluation locations the necessary stage to look at at $1,990. This is the place the present SuperTrend reversal is forming, and it’s the make-or-break zone for the near-term ETH outlook. The chart reveals a dashed horizontal line as help across the $1,990 value stage as the road within the sand that must not be broken. 

Price has already tried to push greater into resistance round $2,300, as seen within the chart above however these moves have been rejected. According to Leshka.eth, if $1,900 breaks, then the subsequent goal is the $1,200 zone. 

The chart annotations level to drops of roughly 45% to 48% after related setups, and making use of that vary to the present construction tasks Ethereum’s subsequent main zone round $1,200.