Ethereum price tests $2,800–$3,000 support as bear flag points to potential $1,850 low

Ether briefly reclaimed the $3,000 mark but weakening demand and negative spot ETF flows suggest sellers may still be in control. Analysts highlight the $2,800–$3,000 zone, where around 9 million ETH were accumulated, as critical support, warning that a confirmed bear flag breakdown could send price toward $1,850. If this area holds, clustered buy orders and institutional interest could still offer a base for a rebound.