Ethereum’s price action in the past 24 hours has been characterized by a fall toward $2,100 before rebounding to the upside very quickly. Ethereum’s price dropped to $2,130 in the past 24 hours on crypto exchange Coinbase amidst a broader fall in the crypto industry, which also saw Bitcoin break below $100,000 very briefly. Despite the sudden Ethereum price correction, analysts have presented arguments that hint at a strong Ethereum rally once this current downturn is complete. Notably, their projections are not short-term, and one of them puts Ethereum’s next major target around $6,000
source: https://www.newsbtc.com/news/ethereum/ethereum-price-rally-to-6000/