Ethereum triangle break puts $1,350 support in focus as analysts split on accumulation

On 20 May 2026 at 15:53, Ethereum broke down from a triangle structure and failed to regain the lost level, keeping downside risk in play toward $1,350 if the pattern is not reclaimed. One view frames the move as a confirmed breakdown, while Michaël van de Poppe argues conditions on the ETH/BTC ratio—daily RSI below 30 and 0.02748—can still mark an accumulation zone even if price weakens further.