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Ethereum Price Flirts with Collapse as Whale Dump Creates Bearish Pressure at Pivotal $1,500 Support

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  • April 12, 2025
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The price of Ethereum has fallen back to approximately $1,540 after eliminating most of its tariff pause gains, as whale action and general market uncertainty create renewed selling pressure. Whales have dumped huge sums of ETH within the last 24 hours, taking whale balances to a five-month low and creating bearish sentiment. With bulls and bears in an impasse on the all-important $1,500 support zone, technical indications are that a risk of continued downside unless broad buying interest surges is emerging. The next few days shall prove critical to Ethereum, where a breach through this support opens up a gate to a broader correction into the $1,100 region. KEY LOOKOUTS • Ethereum is trading precariously near the $1,500 support level; a breach could lead to a steep fall to the $1,100 zone, visiting levels from the 2022 crypto crashes. • Large Ethereum whales have been unloading significant holdings, pushing their combined balance to a five-month low — an open invitation of risk aversion among large investors. • RSI, Stochastic, and MACD all point to growing bearish pressure, calling for additional declines unless bulls retake control above the downtrending channel. • Persistent global economic issues and the Trump administration’s tariff policy remain a drag on investor sentiment, constraining Ethereum’s potential to recover. The recent price behavior of Ethereum underscores several key factors investors need to monitor closely. The $1,500 level of support is under intense pressure, and a breakdown below it might initiate a more significant correction towards the $1,100 zone — which has traditionally been a very solid support zone. On-chain information indicates a sharp decline in whale holdings, indicating large-scale profit-taking and increased risk aversion among large investors. Technical indicators such as RSI, Stochastic, and MACD are signaling bearish momentum, which supports the possibility of further downside. Meanwhile, increased macroeconomic uncertainty, driven by persistent tariff talks and risk-off sentiment, keeps Ethereum’s potential for recovery dampened. Ethereum is finding it hard to maintain the important $1,500 level of support in the face of whale sell-offs and bearish technical indications influencing price action. A breach here may instigate a further correction towards the $1,100 levels. Macro uncertainty and losing bullish momentum put the market under tension. •  Ethereum wiped out recent gains and is currently trading at approximately $1,540, weighed down by whale-led sell-offs. •  Whale wallets have dropped their ETH holdings to a five-month low, indicating a shift in bearish sentiment. •   One major whale sold 10,702 ETH at $1,576 after remaining inactive for two years, contributing to the selling pressure. •  Ethereum is probing its crucial $1,500 support area — a determinative range for short-term direction. •  Technicals such as RSI, Stochastic, and MACD indicate building bearish momentum. •  A breakdown below $1,522–$1,500 would push ETH downwards towards the $1,100 area, a historical support area. •  Continued macro uncertainty and tariff-related risks still constrain Ethereum’s recovery and encourage market caution. Ethereum is once more under pressure with the shift of market sentiment with recent global developments. Following an initial optimism sparked by the recent halt of U.S. tariffs, faith started to dissipate, particularly when some of the largest Ethereum holders — the so-called whales — started selling a huge amount of ETH. Their unexpected selling behavior has sparked fears of the market’s stability since it tends to be an indicator of a shift in investor mentality. The crypto world now waits with bated breath to see how the market responds to these actions, particularly as uncertainty regarding international trade policy persists. ETHEREUM DAILY PRICE CHART CHART SOURCE: TradingView Meanwhile, Ethereum’s position as a top blockchain platform is not weakened by short-term investor responses. The network still draws developers, companies, and consumers who believe in its future role in fueling decentralized apps, NFTs, and DeFi. While the market can fluctuate with outside news and investor sentiment, Ethereum’s position in future digital finance is still considered very relevant. TECHNICAL ANALYSIS Ethereum is demonstrating increased weakening as it labors to maintain above pivotal levels of support. Recent price moves indicate bearish strength in increasing, with oscillators such as the Relative Strength Index (RSI) showing oversold signs, and the Moving Average Convergence Divergence (MACD) showing signs of ongoing decline. The price is moving in a decreasing channel currently and, unless the bulls can breach the upper barrier, there will always be chances of it plummeting further. Traders closely observe the area around $1,500 because maintaining this point could initiate short-term recovery but breaking below would pave the way for more serious losses. FORECAST If Ethereum is able to stay above the key $1,500 support level, then there is high likelihood of short-term recovery. A rebound from this area would drive ETH towards the $1,680 to $1,800 region that has served as resistance over the past few months. Optimism may also re-emerge if macroeconomic trends stabilize or new buying interest from retail and institutional investors increases. A breakout at $1,800 would be a bullish sign for buyers, and it could trigger a new bullish trend. On the flip side, not holding the $1,500 support level might push Ethereum deeper into a correction. If pressure to sell intensifies, the next significant price area to observe is between $1,100 and $1,000 — a level that stood strong amidst the steep plunges of 2022. Ongoing whale distribution, unfavorable global news, or poor investor sentiment might push this further downward, leaving Ethereum stuck in a bearish pattern until fresh drivers come along.

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Crypto Ethereum

Ethereum Price Comes Under Pressure in Light of Pectra Upgrade Slippages and Bear Market Mood

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  • March 8, 2025
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Ethereum’s price has been pressured of late, falling to some $2,150 with the Market Value to Realized Value (MVRV) metric below 1, reflecting a pull back to the undervalued territory. This slide follows setbacks for the Pectra upgrade on Holesky and Sepolia testnets that pushed back the mainnet upgrade. The issues are being worked on by the developers, but if ETH doesn’t bounce above $2,200, then it has chances of falling lower to $1,500. Institutional investors, in spite of the bearishness, have been buying ETH, which reflects a chance for a bounce as soon as the upgrade issues are addressed. KEY LOOKOUTS • Pectra upgrade issues on Holesky and Sepolia testnets, yet to be fixed, could slow down Ethereum mainnet upgrade and influence market mood. • Ethereum’s MVRV dipped below 1, indicating ETH is getting closer to its mean cost basis and potentially the lower end of the recovery zone. • Should Ethereum not take out $2,200, however, it then risks plummeting further to stronger support levels down at $1,500 that could trigger increased bearish sentiment. • Institutions are continuing to accumulate more ETH, signaling ongoing faith in the long-term price of Ethereum amidst short-term weak prices. Ethereum is also experiencing major challenges, mainly caused by delays in the Pectra upgrade on the Holesky and Sepolia testnets, which are important for the mainnet update. This has been responsible for bearish sentiment in the market, as seen in the decline of Ethereum’s Market Value to Realized Value (MVRV) ratio to below 1, indicating that the price is getting close to the average cost basis of investors. If Ethereum is not able to re-take the $2,200 resistance zone, it may be at risk of sliding further towards the crucial support level of $1,500. While the price is weak now, institutional investors are aggressively buying ETH in this downturn, hinting that they have faith in its long-term prospects and signaling a potential reversal once the issues with the upgrade are solved. Ethereum is facing delays in the Pectra upgrade, leading to a price drop towards the $2,150 level. If it does not recover above $2,200, ETH can fall to $1,500, although institutional accumulation indicates long-term growth potential. • Pectra upgrade problems on Holesky and Sepolia testnets have led to delays in Ethereum’s mainnet upgrade, which has impacted market sentiment. • Ethereum’s Market Value to Realized Value (MVRV) ratio fell below 1, which indicates that the price is close to the investors’ average buying cost, which might be a buy signal. • Ethereum has dropped to $2,150 and is at risk of more declines if it doesn’t break the resistance of $2,200. • Ethereum might go down further if it can’t bounce back above $2,200 and might go down further towards the next strong support level of $1,500. • In spite of recent price declines, institutional investors have seen a substantial rise in ETH accumulation, indicating faith in Ethereum’s long-term prospects. • The Relative Strength Index (RSI) and Stochastic Oscillator are indicating bearish momentum, which indicates a further downtrend unless a significant reversal takes place. • A daily candlestick close above $2,850 would negate the bearish scenario, indicating the possibility of a near-term price recovery. Ethereum is presently encountering issues as a result of delay in the Pectra upgrade, which has caused a hold-up in developing its mainnet. The upgrade, which offers considerable enhancements such as account abstraction and improved staking features, has faced technical difficulties during the test runs on the Holesky and Sepolia testnets. These have caused a bearish sentiment to arise in the market, where the price of Ethereum has suffered. Notwithstanding the hiccups, developers are in the process of fixing the problems and moving towards the successful rollout of the upgrade, which may make Ethereum more functional and scalable. ETHEREUM DAILY PRICE CHART CHART SOURCE: TradingView Meanwhile, institutional investors have maintained interest in Ethereum, stockpiling additional tokens in spite of the price swings. This implies that there remains faith in Ethereum’s long-term worth, with these large investors believing that it has the ability to grow once the upgrade problems are solved. Although the market will likely stay wary in the short term, Ethereum’s continuous development and institutional investor support growth indicate that it might recover eventually and solidify its place within the cryptocurrency environment. TECHNICAL ANALYSIS Ethereum is under the influence of a bear trend currently, as the price finds it difficult to cross the resistance point of $2,200. The MVRV ratio going below 1 indicates that Ethereum is drawing closer to investors’ average cost basis, a region that generally is a point of accumulation. Yet, major technical gauges such as the Relative Strength Index (RSI) and the Stochastic Oscillator are indicating ongoing bearish momentum, which indicates that a further drop towards the $1,500 support level is imminent if the price cannot regain bullish momentum. A daily close above $2,850 would negate the prevailing bearish view and could indicate a reversal. FORECAST Despite the current difficulties, there is hope for a reversal if Ethereum is able to break the resistance at $2,200. Institutional investors have been busy buying up ETH, expressing faith in its long-term outlook. Once the Pectra upgrade is effectively implemented, it could introduce new functionality and improvements to the network, fueling optimism. If Ethereum is able to breach the $2,200 level, then the next potential target would be the $2,850 level, which would negate the prevailing bearish perspective and indicate a possible price bounce. The price of Ethereum is under strong downward pressure as it is unable to breach the $2,200 resistance level. The ongoing setbacks in the Pectra upgrade, coupled with negative market sentiment, have contributed to Ethereum’s MVRV ratio falling below 1, indicating that the asset is underpriced. If Ethereum doesn’t bounce above $2,200, it could continue plummeting to the next significant support level of around $1,500, causing further selling. The Stochastic Oscillator and RSI are also indicating persistent bearish momentum, which implies that the risk of the downside is still dominant in the

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Ethereum Price Runs into Heavy Resistance as $1.8 Billion Shorts Stop Bull Run

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  • March 4, 2025
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Ethereum price action has been on a rollercoaster ride, shooting 15% up to $2,550 following Trump adding ETH to the US Crypto Strategic Reserve, only to drop 16% to $2,100 as speculators scrambled to take profits. Short sellers have taken over despite bullish sentiments from the Ethereum Foundation’s leadership change, using $1.8 billion in leverage to reinforce bearish control. While ETH falters under critical resistance of $2,400 and technicals reflect weak buying pressure, the market is in suspense. A move above $2,489 would rekindle bullish pressure, but until that happens, ETH has a bruising battle against the bears. KEY LOOKOUTS • With $1.8 billion in shorts, sellers have established robust resistance at $2,400, keeping Ethereum from resuming bullish pressure. • The hiring of Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors may impact long-term market sentiment and project development. • Short-term speculators aggressively booked profits following Trump’s crypto announcement, causing a steep sell-off that halted ETH’s bullish rally at $2,550. • A breakout above the Keltner Channel midline at $2,489 may change momentum, indicating fresh bullish activity with a target towards $2,912. The price action of Ethereum has been highly volatile in recent times, plummeting sharply by 16% to $2,100 after a short 15% rise to $2,550 on the heels of Trump’s approval of ETH in the U.S. Crypto Strategic Reserve. Though the leadership reorganization at the Ethereum Foundation fueled hopes, short-term traders quickly took profits, leaving bearish momentum to reign supreme. With $1.8 billion worth of short positions creating a robust resistance at $2,400, ETH is stuck in a consolidation phase. If the buying pressure cannot recapture the midline resistance level of $2,489, Ethereum may see further losses, testing lower support levels of $2,066. Ethereum’s price experienced a steep 16% decline to $2,100 after it briefly surged to $2,550 after Trump’s endorsement and the Ethereum Foundation’s leadership change. With $1.8 billion in short positions providing stiff resistance at $2,400, bearish control continues to pressure the market. A breakout above $2,489 would indicate a possible rebound, but until then, ETH is susceptible to further losses. • Ethereum jumped 15% to $2,550 before dropping 16% to $2,100 as short-term speculators took profits. • ETH was included in the U.S. Crypto Strategic Reserve, improving sentiment before profit-taking led to a sell-off. • Hsiao-Wei Wang and Tomasz Stańczak being appointed as co-executive directors may impact long-term growth. • Bears accumulated 55% dominance, building solid resistance at $2,400 and curbing bullish momentum. • ETH lingers below the midline of the Keltner Channel, confining potential for an instant rebound. • In the event of continued selling pressure, Ethereum may test the lower limit of major support levels. • Breaking above $2,489 may initiate a rally towards $2,912, while further losses are possible under bear pressure. The market outlook for Ethereum is currently influenced by major events beyond price action. Ex-U.S. President Donald Trump’s declaration of a Crypto Strategic Reserve has put Ethereum in the limelight together with Bitcoin and other prominent digital currencies. The step is an indicator of increasing political acceptability of digital currencies, which could ultimately lead to increased adoption. Further, the leadership change at the Ethereum Foundation, with Hsiao-Wei Wang and Tomasz Stańczak becoming co-executive directors, has thrown open discussions regarding the network’s future. Their governance is to introduce new ideas to Ethereum development, solving past issues and guiding the network toward long-term development. ETHEREUM Daily Price Chart Chart Source: TradingView In addition to changes in governance, Ethereum remains at the forefront of the blockchain universe, driving decentralized applications (dApps), smart contracts, and DeFi and NFT innovation. As regulatory talks surrounding crypto continue to unfold, Ethereum’s participation in government-sponsored projects would enhance its legitimacy and place within mainstream finance. Yet, market sentiment is still divided as investors wait for more information on how these developments will influence Ethereum’s long-term future. With fresh leadership and greater institutional investment, Ethereum is at a pivotal crossroads that could determine its place in the decentralized technology of the future. TECHNICAL ANALYSIS Ethereum technicals show consolidation with high resistance around the $2,400 mark owing to heavy short interest. The Accumulation/Distribution (A/D) line depicts diminishing buying sentiment, indicating the possibility of outflows. The Keltner Channel (KC) midline at $2,489 represents a major area of resistance, and a long-term move through this point could signal a restart of bullish vigor. In case of sustained downtrend pressure, $2,066 is an important area of support. Having 55% superiority in short positions, bear sentiment is still predominant, and hence it is extremely important for the bulls to recover the key resistance levels to alter market momentum. FORECAST Ethereum may breach the $2,400 resistance mark, paving the way for a possible rally to $2,489. An extended move over this level will reflect renewed bull sentiment, and ETH can go for the $2,912 mark in future sessions. Positive market catalysts, including additional institutional adoption or positive regulatory advancements, may solidify an upward trend. Also, if the Ethereum Foundation’s leadership overhaul instills confidence in investors, it might support a long-term bull trend. Conversely, if selling remains persistent, Ethereum might find itself unable to sustain existing support levels. A drop below $2,100 can trigger a retest of the $2,066 support level, with lower losses possibly exposing ETH to deeper corrections. With $1.8 billion worth of short positions, bears already have a big advantage, pushing ETH into a period of consolidation. Unless market sentiment turns bullish and capital inflows resume, Ethereum could experience extended price stagnation or lower plunges before trying to rebound.

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Crypto Ethereum

Bearish Momentum Takes Over: Will Ethereum Recover from the $2,200 Support?

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  • March 1, 2025
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Ethereum (ETH) is experiencing great bearish pressure as whales and long-term holders dump their coins, leading to a massive increase in exchange reserves. With more than 620K ETH dumped in the last five days and exchange deposits well above 500K ETH, bearish pressure has forced prices to battle around the $2,200 support level. Technical indicators such as the RSI and MACD validate strong bearish momentum, with a possible fall to $1,500 if selling continues. The oversold Stochastic Oscillator, however, suggests a possible bounce if ETH can retake key resistance levels. KEY LOOKOUTS • More than 620K ETH sold in five days, mounting bearish pressure and indicating possible further drops in Ethereum’s price. • More than 500K ETH sent to exchanges after February 21, indicating increased selling pressure and a potential test of lower support levels. • RSI and MACD still below neutral, showing ongoing bearish momentum, while the oversold Stochastic Oscillator suggests a potential short-term bounce. • Ethereum struggles at $2,200; inability to hold could send prices lower to $1,500, while a close above $2,850 would negate bearish trends. Ethereum (ETH) comes under increased bear pressure as whales and long-term holders dump enormous quantities of ETH, increasing exchange reserves by more than 500K ETH. Fighting to maintain the $2,200 level of support, ETH stands at the risk of declining to $1,500 in case selling prevails. Technical indicators such as RSI and MACD show strong bear momentum, but an oversold Stochastic Oscillator indicates the likelihood of a short-term recovery. A break above $2,850 would change sentiment to bullish, but for now, traders take a cautious stance with continued sell-offs and uncertainty in the markets. Ethereum finds it difficult to defend the $2,200 level as whales and long-term holders increase selling pressure. A descent to $1,500 cannot be ruled out unless bullish strength returns. • More than 620K ETH sold in five days, which increases bearish momentum and pushes prices towards support levels. • More than 500K ETH sent to exchanges after February 21, reflecting heightened selling pressure and market wariness. • Ethereum struggles to maintain this key support level, with threats of a possible fall to $1,500 if bearish pressure persists. • ETH experienced $231.69 million in 24-hour futures liquidations, with long positions suffering heavy losses. • RSI and MACD still below neutral, affirming strong selling pressure and absence of near-term bullish signals. • Stochastic Oscillator in oversold region indicates potential recovery if market mood changes. • A weekly close above the level may negate the bearish scenario and revive bullish forces for Ethereum. Ethereum is experiencing a considerable change in market dynamics since massive investors such as whales and long-term holders are subjecting it to heavy selling pressure. This trend is responsible for the significant increase in exchange reserves, which means more ETH is being transferred to places where it is traded or liquidated. More institutional and retail investors participating in selling is also an indication that there is a shift in sentiment, with many deciding to lock in profits or reduce potential losses. These kinds of movements show the changing face of Ethereum’s market, with investor psychology and external economic pressures at play. ETHEREUM Daily Price Chart Chart Source: TradingView Amid these shifts, the Ethereum ecosystem continues to evolve, with ongoing developments aimed at strengthening its network and community engagement. The Ethereum Foundation recently introduced the Silviculture Society, an initiative designed to amplify the voices of builders and core community members. This experimental effort reflects Ethereum’s commitment to decentralization and innovation, ensuring that key contributors have a say in its future direction. As the market goes through these changes, Ethereum is still at the forefront of blockchain innovation and continues to be relevant in this increasingly competitive market. TECHNICAL ANALYSIS The technical indicators of Ethereum point to the continuation of bearish momentum as price action fails to sustain key support levels. The RSI (Relative Strength Index) is still below its neutral level, reflecting ongoing selling pressure, while the MACD (Moving Average Convergence Divergence) indicates a lack of strong bullish momentum. Besides that, the rise in dormant circulation and falling coin age mean that long-term holders are redeploying their holdings, which contributes to market volatility. But the Stochastic Oscillator is well into the oversold territory and indicates a possible near-term rally if the buying recovers. A convincing close above $2,850 could quash the bearish scenario and inspire renewed optimism among bulls. FORECAST Ethereum remains poised for a recovery if sentiment in the market switches in favor of the buyers. The oversold nature as determined by the Stochastic Oscillator also means that ETH may experience short-term recovery as sellers seek to buy in. Moreover, any positive macroeconomic news, clarifications in regulations, or institutional activity could propel renewed upward momentum. If Ethereum can break through significant resistance levels, especially the $2,850 level, it may resume its upward trend and move towards new highs. Greater adoption of Ethereum’s blockchain technology and innovation in the ecosystem, including scalability enhancements and institutional deals, may also support long-term growth. To the downside, Ethereum is still at risk of further drops if whales and long-term holders continue to apply selling pressure. The increase in exchange reserves indicates that additional ETH is being placed for possible liquidation, which can dampen upward momentum. If Ethereum cannot maintain the $2,200 support level, it can continue to lose, potentially testing the $1,500 level. Overall economic conditions, such as inflation fears and worldwide market uncertainty, may also influence investor sentiment, causing extended bearishness. Also, any hiccups or delays in Ethereum’s network updates or regulatory issues would put more downward pressure on the market.

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Ethereum Price Recovery: Can ETH Rebound After a $1.2 Billion Loss?

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  • February 4, 2025
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Ethereum (ETH) experienced a severe drop, with its value declining by more than 30% between Friday and Monday, and investors suffered losses of over $1.2 billion. The crash was initiated by market-wide sell-offs that followed U.S. President Donald Trump’s imposition of tariffs on Mexico, Canada, and China, which caused massive liquidations in the crypto market. Despite the bearish sentiment, Ethereum is showing signs of recovery, with whales buying the dip and the price rebounding near a historically strong demand zone between $2,200 and $2,600. Technical indicators, including the RSI and Stochastic Oscillator, suggest growing buying pressure, increasing the likelihood of ETH reclaiming the $2,817 key support level and potentially aiming for the $3,000 psychological mark. KEY LOOKOUTS • Ethereum is looking to recover the $2,817 support level after bouncing off $2,110, and increasing buying pressure may push the price towards $3,000. • Big investors are buying the dip as a whale wallet bought more than 50,000 ETH, which shows confidence in the long-term recovery of Ethereum. • U.S. trade policies, especially Trump’s tariffs on Mexico, Canada, and China, caused market-wide losses that influenced the recent volatility and price swings of ETH. • RSI and Stochastic Oscillator are rebounding from oversold levels, which means that buying interest is increasing, thereby raising the probability of ETH to hold support in the range of $2,200-$2,600. Ethereum’s recent price crash, caused by the general market volatility because of U.S. tariffs on Mexico, Canada, and China, resulted in over $1.2 billion in investor losses. There are recovery signs, however, as whales start to accumulate ETH. There’s a whale wallet, which has bought over 50,000 ETH, indicating it is long-term confidence. The RSI and Stochastic Oscillator technical indicators are showing buying pressure is increasing and should help ETH recover from the $2,817 support level. If the momentum keeps on, Ethereum may target the psychological mark of $3,000. Demand in the area of $2,200-$2,600 can become a strong support point. Ethereum seems to be making a recovery after a sharp decline, with whales accumulating ETH and technical indicators suggesting rising buying pressure. If momentum holds, ETH could reclaim the $2,817 support level and aim for $3,000, with strong demand between $2,200 and $2,600 stabilizing the price. • Ethereum declined over 30% between Friday and Monday, as investors realized $1.2 billion in losses due to market-wide sell-offs. • The price crash is being cited as the U.S. President Donald Trump’s tariffs on Mexico, Canada, and China that increase liquidation across the crypto market. • Big investors are buying the dip, including one whale wallet buying over 50,000 ETH in a sign of confidence in Ethereum long-term recovery. • ETH found fantastic support between $2,200 and $2,600: That is historically high-demand zone where more than 50% of the ETH in circulation was bought. • RSI and Stochastic Oscillator recovering from oversold levels suggest increasing buying pressure and a possible price rebound. • If momentum holds, ETH could reclaim the $2,817 key support level and aim for the $3,000 psychological mark. • Despite short-term stagnation concerns, resolution of Mexico’s tariff situation and whale accumulation could drive ETH’s recovery in the coming weeks. Ethereum has just endured a heavy correction as it falls more than 30% within days, meaning investor losses topped $1.2 billion in a few short days. Its sell-off stemmed from the implementation of new U.S. President Donald Trump’s tariffs on Mexico, Canada, and China to protect America’s borders and potentially kick-start the world trade war. It witnessed liquidations as massive as more than $620 million in ETH futures positions are being erased. Despite the bearish mood, Ethereum had strong support at $2,200 and $2,600, a historically high-demand zone where most of the circulating ETH was bought beforehand. A whale wallet also purchased more than 50,000 ETH after the crash, which shows confidence in a rebound in the market. ETHEREUM Daily Chart TradingView Prepared by ELLYANA RSI and Stochastic Oscillator, both are recovering from oversold levels, indicating rising buying pressure. Ethereum is currently looking to retake the key support $2,817 level and if momentum continues, the cryptocurrency may be able to break toward psychological resistance at $3,000. On-chain analysis supports that further upside potential within this recovery also as whale accumulation stabilizes the market. Short-term consolidation remains plausible; nonetheless, since Mexican President Claudia Sheinbaum and Trump have resolved tariffs, investor confidence may return. If positive momentum sustains, Ethereum may soon regain its strength, setting the stage for a broader market recovery. TECHNICAL ANALYSIS Ethereum’s technical analysis suggests a potential recovery, with key indicators signaling increasing buying pressure. The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) have rebounded from oversold levels, indicating a shift in market momentum. ETH has tested a historically strong demand zone between $2,200 and $2,600, where over 50% of its circulating supply had been built up earlier. In the event that Ethereum reclaimed the support at $2,817, it may reverse bullish and push prices to $3,000 psychological resistance. Besides the breakdown of H&S pattern below the recent dip confirms it. A prolonged bounce from the current support levels would invalidate further downside risks. Chain data also supports whale accumulation for the recovery to be smooth in the next coming sessions. FORECAST Ethereum are reporting stronger buying pressure ahead in the Ethereum’s price recovery. Therefore, if ETH successfully breaches the key support $2,817 and sets the stage for a bullish breakout to $3,000; this will be a critical psychological resistance. In fact, whale accumulation as seen in recent on-chain data further support this case of recovery. The resolution of the tariff issue in Mexico could also positively affect the overall market sentiment, making more institutional and retail investors re-enter the market. If the trading volume increases and ETH maintains stability above $2,800, it may lead to a steady uptrend, with the next resistance levels at $3,200 and $3,500 in the medium term. Ethereum still faces short-term risks that may lead to further price fluctuations despite the bullish signs. If ETH is unable to take back

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