Ethereum Price Prediction: ETH Bounces Back from $2,400 As Exchange Inflows Rise and Market Uncertainty Sets In
Ethereum (ETH) traded at a mere $2,500 after suddenly depreciating by 7% due to increasing macroeconomic pressures and increased selling pressure, including more than 117,000 ETH in net exchange inflows. The fall came after a high-profile confrontation between Donald Trump and Elon Musk set in as market uncertainty set in. In spite of the sell-off, ETH drew short-term support around $2,400 and is now trying to recover the lower edge of a rising wedge pattern. Although technical indicators indicate a mild softening in bearish momentum, exchange inflows and a defensive options market convey caution on the part of investors. KEY LOOKOUTS • More than 117,000 ETH came onto exchanges, indicating persistent selling pressure and downside risk if the trend continues. • Ethereum settled just below $2,400; a breakdown below this level may induce a decline towards $2,260–$2,110. • ETH is retesting the support line of the rising wedge at $2,530; rejection at this level may cement additional bearish momentum. • Risk-off is prevalent in the options market, with higher demand for protective puts and bearish reversals across major risk gauges. Ethereum is weathering a decisive moment as it hovers around $2,500, trying to bounce back from a steep fall precipitated by the surge in exchange inflows and wider market uncertainty. The altcoin fell more than 7% following an open confrontation between Donald Trump and Elon Musk and growing U.S. Treasury yields, with investors making over $600 million worth of realized profits. ETH took support close to $2,400 and is now probing the lower edge of a rising wedge pattern, an important technical resistance area of $2,530. Although some indicators such as RSI and Stochastic Oscillator indicate declining bearish momentum, persistent exchange inflows and risk-off sentiment in the options market maintain downward pressures in place. Ethereum is trying to recover after falling more than 7%, resting on support around $2,400 and challenging resistance around $2,530. Increasing exchange inflows and a bearish change in sentiment indicate caution, even with initial indications of weakening downside momentum. • Ethereum is just below $2,500 after a steep 7% fall. • ETH dropped to short-term support around $2,400 after the decline. • More than 117,000 ETH worth of net inflows indicate continuous selling pressure. • Over $600 million in profits were earned over the last two days. • ETH is probing the lower edge of a rising wedge at $2,530. • Risk reversal indicators demonstrate a robust move towards downside protection. • Increasing Treasury yields and soft U.S. job statistics contribute to investor reserve. Ethereum experienced heightened market stress this week as more than 117,000 ETH entered exchanges, the second-highest inflow in months. This move followed a high-profile public spat between Elon Musk and Donald Trump that generated wider market unease. The Ethereum flood onto exchanges indicates that investors chose to take profits as macroeconomic worries increased, with more than $600 million in realized profits in just two days. Such massive moves tend to be indicative of a shift in investor sentiment, particularly when combined with prudence regarding economic metrics such as employment statistics and interest rate dynamics. ETHEREUM DAILY PRICE CHART CHART SOURCE: TradingView Apart from the increased selling pressure, Ethereum exchange-traded funds (ETFs) also continued to experience small inflows, showing that some institutional faith exists despite the overall risk-off mood. In the meantime, increasing U.S. Treasury yields and flat job growth figures contributed to the cautious market tone. Although short-term investor action is defensive, longer-term holders such as those who held ETH for a maximum of two years were also observed to take part in recent profit-taking. Overall sentiment is cautious as market participants absorb the implications of moving macroeconomic trends and political headlines. TECHNICAL ANALYSIS Ethereum recently broke below the lower limit of a rising wedge formation, a generally bearish indication, before rallying around the $2,400 mark. It is now trying to retake this mark by testing the wedge’s previous support line, now resistance at $2,530. A successful breakout over this area could set the route towards $2,750–$2,850, while a rejection can strengthen the bearish trend, which could send ETH down towards the $2,260–$2,110 zone. Markers such as the RSI have bounced back above the mid-line, and the Stochastic Oscillator has moved out of oversold levels, indicating a brief relief in bearish pressure. FORECAST If Ethereum can breach the $2,530 resistance and re-enter the rising wedge pattern, it may initiate a short-term bull reversal. In this case, ETH can rise to the $2,750–$2,850 resistance zone, particularly if macroeconomic conditions improve and exchange outflows start to outnumber inflows. A change in sentiment to the positive and technical confirmation of support reclaiming could give bulls the necessary traction to test higher grounds. To the downside, a failure to break above the wedge’s lower edge may see selling pressure resume. If ETH drops below the key $2,400 support point, it could pave the way for another sharp fall down toward the $2,260–$2,110 area. Ongoing high exchange inflows, hedging options positioning, and ongoing macroeconomic headwinds—such as increasing Treasury yields—would most likely reinforce the bearish thesis in the short term.
