Ethereum Price Eyes a Rebound to $3,000 as Vitalik Buterin Issues a Warning on Layer-2s

Ethereum price tanked to a low of $2,100 today, Feb. 4, as the crypto market crashed and liquidations jumped. $ETH token has slumped by 57% from it all-time high. However, the coin may rebound to $3,000 after forming an inverted head-and-shoulders pattern. It may also bounce back after Vitalik Buterin warned on layer-2 networks.