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Ethereum decreases lower than the achieved price: The last time was March 2020 before the gathering

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ETHEREUM has suffered another blow this week, as it slipped to the lowest new level of about $ 1,380-an unprecedented level since March 2023. It has left the continuous and increasingly investor-investing trend, as many now wonder whether the long-term bullish structure of ETH is still intact. Market conditions remain harsh, driven by continuous total economic tensions, high global instability, and uncertainty resulting from American commercial and financial policies.

Feelings continue through the coding space to deteriorate, and the ETHEREUM prices reflects this discomfort. After months of struggle to obtain the main support levels, the collapse of less than $ 1500 added to fears that a deeper correction may be revealed.

However, in the midst of depression, there may be silver lining. According to Cryptorank data, ETHEREUM is now traded less than the price of rights – a rare occurrence historically related to market bottoms and strong recovery stages.

While the future outlook in the short term is still unconfirmed, these rare references to the chain can indicate that Ethereum enters a major accumulation area. The coming days and weeks will be very important in determining whether this is just another leg-or the beginning of a long-term reflection.

Ethereum is drowned under the achieved price, where fear takes over the market

ETHEREUM has now lost more than 33 % of its value since late March, which has led to deep concern between investors and analysts alike. The decrease in prices has led to a decrease in ETH to levels that have not been seen more than two years ago, which raised panic and despair among those who once expected that the year 2025 would be great for Altcoins. Instead, Ethereum has become a symbol of market fragility as the wider total economic scene continues to worsen.

Fears of trade war, inflationary pressure and potential global stagnation shake financial markets to their essence. In this climate, high -risk assets like Ethereum are among the first to suffer. As capital has come out of speculative assets in favor of the safer havens, the sale of ETH only accelerated – the investor’s confidence has achieved great success.

However, there may be a glimmer of hope in data. The highest encryption analyst Karl Ronville Recently indicate On X that ETHEREUM is now circulating less than its valuable price of $ 2000 – a rare occurrence historically indicated major turning points in the ETH price track.

Ethereum achieved the price by accumulating addresses Source: Karl Ronville on X
Ethereum achieved the price by accumulating addresses source: Karl Ronville on X

Runefelt confirmed that the last time ETH decreased below its price, in March 2020, when it decreased from $ 283 to $ 109 – only to recover strongly in the following months. While the current environment is full of uncertainty, such standards on the chain hints that ETH may enter the accumulation stage again.

However, confidence is still fragile, and the procedures must stabilize the prices before any real export narration returns. The following moves of Ethereum will be very important in determining whether this level represents a real bottom – or just another stop on the road down.

Ethics are fighting less than $ 1500 with no clear support on the horizon

ETHEREUM is currently trading below $ 1500 after being subjected to a 50 % brutal decrease since late February. The aggressive sales process erases the most famous gains and leaving investors in a state of uncertainty, as eth does not show any signs of recovery. The market’s feeling remains down with an overwhelming majority, and there is little indication that the bottom has been reached.

Eth faces aggressive sale pressure Source: Ethusdt Plan on TradingView
Eth faces aggressive sale pressure source: Ethusdt chart on Tradingview

At this stage, Ethereum lacks a clearly specific support area. The bulls have lost control, and the price movement continues to decrease with poor demand and increase fear. In order to start a meaningful reflection, ETH must first restore the level of $ 1850 – an area that was previously major support and is now considered a great resistance.

Until this happens, you are likely to meet any attempt to rise a strong sale pressure. The situation becomes more dangerous if Ethereum loses $ 1,380, which has been a psychological threshold so far. The decline below this area can open the door to a deeper correction towards a scale between 1100 and 1,200 dollars.

With the continued total economic tensions, and the expected volatility to continue, traders and investors are closely watching to see if ETHEREM – or continues to decline.

Distinctive image from Dall-E, the tradingView graph

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