Rent by 20 % sell ETHEREUM price not finished, but is there a silver lining for ETH?

The Ether price (ETH) stabilized near $ 2300 after a 20 % decrease over three days, up to a decrease of $ 2,255. This decline has shook the market morale, as ETHER has not been traded at these levels since October 2024. However, the ETH market shows early signs of recovery and strength, indicating a possible recovery to $ 2800.

ETH futures are now trading for 30 days with a 7 % bonus on the instant market, with a slight increase of 6 % two days ago. The installments that range from 5 % and 10 % are neutral, as traders usually expect higher returns for the longer leveling period. This shift indicates poor pressure to less than 2,600 dollars, which may enhance confidence between upward investors.

Poor economic conditions to deter the ETH price recovery

The ETH trip may take 2800 dollars again weeks or months, but the data indicates that the lowest point in prices is likely to be in the past. However, the recovery speed depends on the investor’s warning, as unemployment and inflation numbers in the last United States raises concerns.

The unemployed demands in the United States reached the week ending February 22 to 242,000, which is the highest in three months. Also, home sales in January decreased to the lowest level, a decrease of 4.6 % from the previous month, according to the National Association of Real Estate Bidgers. The economists who were included in Reuters were, Yahoo Weiss, Propagate A decrease smaller than 1.3 %.

Investors are increasingly concerned about the new import tariff announced by US President Donald Trump, as it targets goods from China, Canada and Mexico. Trump also threatening A 25 % tariff for imports from the European Union, prompting the European Union to promise a strong and rapid response to unfair trade restrictions, according to CNBC.

NVIDIA shares decreased by 3.3 % on February 27, although quarterly profit expectations were exceeded and strong guidelines for the first quarter of 2025, reflecting the investor’s nervousness. Meanwhile, gold prices decreased by 2.2 % in two days, and slipped to the lowest level in the two weeks at $ 2,870, highlighting the broader concerns in the market that affects safe assets.

Ethereal options markets offer flexibility despite the collapse of the price

Currently, the ETH -2 % is deviating, and it sits comfortably within the neutral range from -6 % to 6 %. This indicates the flexibility between whales and market makers, especially noticeable since the ETH price decreased by 20 %. Despite the decrease, there is no great impulse to purchase mode options, indicating confidence in the market.

The current market conditions are similar to February 3, when the price of ETH decreased by 38 % in less than three days, as it decreased from $ 3,437 to $ 2,124. At that time, the SKEW SKEW ETH scale remained near zero, which reflects the strong market confidence. Al -Atheer quickly recovered to $ 2750 within one day and held the support level of $ 2,550 for the next two weeks.

Related to: NVIDIA revenues increased by 80 % of the “amazing” demand on artificial intelligence chips

The ETHER path to 2800 dollars is still investigating as its main rival, Solana, is a decrease in momentum in the Memecoin sector. Meanwhile, ETHEREUM maintains its dominance in the total closed value (TVL), driven by strong demand for liquid walk, lending, return complexes, and onchain liquidity protocols.

The ETH price recovery pace is largely dependent on ETHEREUM, its planned promotions and enhancing incentives for projects to develop their 2 layer solutions. This, in turn, enhances the benefit of the basic layer and strengthens reckless bonuses, creating a clear path to recover ETH prices.

This article is intended for general information purposes and does not aim to be and should not be considered legal or investment advice. The opinions, ideas and opinions expressed here are alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.