ETHEREUM (ETH) has been suspended less than $ 2000 for the first time since 2023 bear market

According to Binance trading data, ETHEREUM (ETH) decreased to $ 1,993, later recovered to $ 2050. The symbol reached its lowest level since April 2023, which has led to the last healing hopes.

ETHEREUM (ETH) retains slipping, with a short -term decline in the short -term on Binance. The assets slipped to $ 1993, the lowest price since April 2023. ETH is now returning to the bear area in the market, despite the performance expectations of favorable performance in the first quarter.

EShe fell with the rest of the market, although she also faced a set of pressure. Assets slipped into 0.025 BTC, which also delayed the collapse against the leading currency. Shortly after dipping less than $ 2000, ETH was fell to $ 2,138.65. The apostasy has not yet proven a shift in positions, as the encryption market is still trading on fear.

During the latest decrease in prices, there were multiple theories again about price movement. The main reason was the total weak feelings of countries. Crypto also follows stock markets with another segment, in response to newly implemented commercial tariffs according to President Trump’s plan.

The open interest eth at the levels of last November decreases

The current ETH price procedure occurs with an open interest of $ 9.8 billion. ETH ROUND ignored the American election novel, with open attention, which reached its peak over $ 16 billion in December.

Attention to ETH is simply slower as the traders see the origin as a long -term loss. ETH also slides with the rest of the Altcoin market. The loss of the distinctive symbol value also means less than ETHEREUM chain users and general doubts about its future benefit.

ETH decreased with the Altcoin season index sliding to its minimum range of 22 points. Later, the index was recovered 24 pointsBut most of the previous hot assets have already passed with deep accounts and the merchants are still cautious.

ETH is traditionally the Altcoin season driver, but fatigue from Meme trade and total fluctuations in the markets brings additional caution to traders. ETH is also an exception, because most of the other origins have a transformation into upward feelings. Both retail and smart funds turned to ETH last day.

$ ETH Feelings

The crowd = landing
Deputy #SmartMoney = Land #ETHEREUM
Check feelings and other encryption statistics in https://t.co/hqdybnuzek#Crypto #Marketprophit pic.twitter.com/ihxnni1dwv

Marketprophit March 4, 2025

Last year, ETH also fell after challenging her long -term vision. The code remained inflation, while Ethereum did not build tools for expansion. Traffic and liquidity also turned into L2 chains. The main tool for ETHEREUM was Tether (USDT) and introducing a platform for the main activity of UISWAP. The ETH contract was also needed to secure the network and work as a guarantee, although these functions are already full of old whales.

The sellers may be deliberately destroyed

Another theory is that ETH is compressed by immediate sale, with the aim of liquidating any long long situations. Despite the low prices, more than 74 % of ETH sites are long. Liquidity was built along the way to $ 1900.

ETH also recovered, which pressed short positions above $ 2000. However, the long ranking risk is still high.

ETH looks attractive in the price of $ 2000, especially if there is a long -term crowd expected. The whale continues to be purchased, although smart money was stuck due to unexpected accidents.

We grabbed a besieged whale – yes, even whales stumbled!
This whale, which was bought by low, sold high and got 33.67 million dollars $ ETH Struggle now.

After adding jobs and getting #Besieged They bought only 2000 ETH ($ 4.1 million) to try to reduce their average price. pic.twitter.com/jyk9i6m0xj

Eyeonchain (Eyeonchain) March 4, 2025

The smaller whales are also PurchaseTo buy up to 10 million dollars. ETH may be seen as shaky, but accumulated is continuing, for whales that can wait.

Another theory is that Trump’s global freedom may be able to influence the markets. In February, the fund transferred most of its soul from its governor and may have been prepared for sale. Currently, sellers can also purchase at a lower price. ETH also allows whale to cover loans.

ETH also witnessed the pressure of the bybit infiltrators, which managed to switch nearly 500,000 ETH within days.

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