Ether crashes by over 53 percent: analysts warn of the fear of the trade and ETF drains

Ether crashes by over 53 percent: analysts warn of the fear of the trade and ETF drains

Ether course decline: analyzes and market developments

The ether course has experienced a dramatic decline of over 53 percent since December 2024. This downward trend, which began on December 16, 2024, followed a climax of over $ 4,100, as TradingView data shows. Analysts warn that macroeconomic concerns and ongoing sales pressure could further burden the mood of investors through US Ether Ether and other levals are possible.

In the past few months, Ether is fighting three months downwards with an almost. The uncertainty in relation to US import tariffs that stir up fears from a trade war and a low activity in the Ethereum network are driving the decline. According to the analysts of Bitfinex, a lack of new projects and developers who want to switch to Ethereum - mainly due to high operating costs - is the main reason for the poor performance of ether. You recommend observing the $ 1,800 brand as an important level of support.

In addition, this decline is not only a problem for ether. Rather, it is a market -wide correction that affects all risky systems. The feeling among crypto investors is that an early bear market could be imminent that could disturb the traditional four-year pattern of the crypto market. Analyst Aurelie Barthere von Nansen warns that Bitcoin may fall to $ 70,000, while the global financial markets go through a so-called "macrocorrect".

drainage from ether ETFs burden the course

Another important factor that affects the ether course are the continuing net drains from ether ETFs. In the past week, Ether's course fell by 20 percent and thus broke the important trend line of $ 2,200. This line had formed key support for the bull market since 2022. Among other things, the modest price development is attributed to the drains from the ETFs, which can also be observed in Bitcoin.

According to the data from Sosovalue, US spot ether ETFs now the fourth week in a row, negative net drains after the overlaps of over $ 119 million were recorded in the previous week.

Overall, the future of the ether course remains uncertain, and investors must observe the developments carefully to make sound decisions.