"Ethereum’s Flash Crash & Recovery: What Just Happened"

In partnership with

Looking for unbiased, fact-based news? Join 1440 today.

Join over 4 million Americans who start their day with 1440 – your daily digest for unbiased, fact-centric news. From politics to sports, we cover it all by analyzing over 100 sources. Our concise, 5-minute read lands in your inbox each morning at no cost. Experience news without the noise; let 1440 help you make up your own mind. Sign up now and invite your friends and family to be part of the informed.

Subscribe to 1440 today.

Quick Breakdown: 24-Hour Flash Ride

• Sharp Dip & Strong Bounce-Back
  Ethereum plunged approximately 7.6% in an hour, dropping from about $2,406 to a local low of $2,224. This occurred during a dramatic spike in trading volume—over 5 times normal levels, with 751,000 ETH changing hands.

• Immediate Recovery & New Support Levels
  Buyers stepped in near $2,250, helping ETH rebound back to $2,292, forming an ascending channel with higher lows. A second small surge (~3.2%) reinforced a rising support zone near $2,290.

Why It Caught My Eye

This is what crypto movement looks like when volatility meets opportunity:

1. Flash-crash setups like this happen fast—but so does recovery. The volatility provides both danger and a chance for sharp entry or exit.

2. Liquidity zones matter. The bounce shows that ETH holds value near key levels, even after sharp drops.

3. Watching buyer behavior is where the signal lies. The repurchase around $2,290 shows confidence, not just reaction.

What I'm Watching Next

TL;DR

Ethereum momentarily crashed nearly 8% in a flash—then quickly regrouped and stabilized near $2,290. This underscores volatile opportunity and market confidence at key price levels.