ETHEREUM fell 55 % from the highest level in December, reflecting the broader weakness that struck the encryption market amid the escalation of global uncertainty. Many of the last pressures come from the policies of the aggressive tariffs of US President Donald Trump and the unpredictable economic position, which shook the confidence of investors and pushed the feelings of risk across the financial markets. High -sized assets such as ETHEREUM have achieved particularly arduous, as bulls are struggling to obtain critical support levels and sellers who continue to control short -term price procedures.
Despite the declining expectations, the data on the chain provides a glimmer of hope for the long -term ETAREUM horizons. According to Cryptoquant, ETHEREUM Exchange reserves have decreased steadily since 2022 – a trend indicating a continued decrease in the display available on central platforms. Although this has not been translated into an upward price movement yet, it indicates the pressure of the potential supply as soon as the demand is returned.
Currently, the ETH is still under pressure without any immediate signs of reflection, but shrinking exchange supplies can pave the way for a strong conversion if the interest is captured. Until then, Ethereum continues to trade in a fragile state, as investors closely monitor the signs of support or further collapse in the coming weeks.
Ethereum tests decisive support with low exchange supplies
Ethereum tests decisive demand levels as the market continues to land. After weeks of continuous sale pressure, ETH is now trading below $ 1,800 – an area that many analysts seen as another defense line before deeper losses. The wider macroeconomic background is still difficult, with fears of trade war and tightening financial conditions while maintaining the assets of risk under pressure.
Ethereum has been especially weak since late February, when Bulls lost control after collapse less than $ 2,500. Since then, the price movement has decreased steadily, and the hopes of the upper cycle faded. The feelings of investors are fragile, and the bulls have not yet appeared in enough strength to restore broken support levels or start a meaningful recovery.
However, there are signs of a possible long -term building below the surface. According to senior analysts Quinten Francois, Eth Supply on Excues decreases. Cryptoquant data shows its via X, a great tremendous tension in ETHEREUM preserved on the central platforms-a sign that investors may transfer assets to cold storage, reducing the pressure side pressure.
This continuous decrease in the exhibition of the show is historically preceded by upwards. Once the demand for demand is unified and the price is uniform, the delicate supply on the stock exchanges can be a fuel for sharp conversion. While the current conditions remain declining, the available structural reduction in the available ETH provides a convincing preparation for the future apostasy.
Currently, ETHEREUM should stick to a group of $ 1,750-1800 to prevent a deeper chip, but long-term holders are closely watched at the moment when the reduced offer of renewable purchase compressors meets.
ETH is trading below the main weekly indicators
ETHEREUM is currently trading less than both the 200-day weekly moving average (MA) about $ 2,500 and the SIA moving average (EMA) near 2,250 dollars-the main long-term indicators that now act as general resistance. This breakdown highlights the severity of the constant correction, with bulls under severe pressure to prevent more losses. ETH is now joking with the lowest weekly closure since October 2023, which increases fears that the declining trend may deepen if buyers fail to enter soon.
The momentum is still weak, and the bullish attempts to recover were short -term, as total economic instability and the continued sale of pressure weighs in the broader encryption market. In order for Ethereum to avoid more negative aspect, it must retain a level of $ 1,800 – a major demand area and a psychological threshold.
If Bulls managed to defend this level and restore a brand of $ 2000 in the coming days, it may indicate the beginning of the recovery rally. The re -introduction of this range would transform morale and may lead to the renewal of interest in purchase. Until then, ETH remains at risk, and can open near $ 1,800 to re -test low support levels, which may accelerate the decrease if poor spirits more.
Distinctive image from Dall-E, the tradingView graph
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