Ethereum (ETH) trades at the lowest level since the end of 2023, fighting for regaining the pace after a longer period of sales pressure. Since December 2024, ETH lost over 57% of its value without recovering the key levels of resistance. Since the wider cryptographic market is in the face of macroeconomic uncertainty and constant variability, the Ethereum leprosy seems far from the end.

Despite the constant decline, the data on the chain suggests that huge investors can position for recovery. According to Cryptoquant, whales have moved over 130,000 ETH over the past week, signaling the growing accumulation trend. This pattern has been developing since Ethereum has begun to go down, which suggests that institutional players and long -term owners buy a decrease in anticipation of future price recognition.

While brief -term moods remain bears, historical data show that the accumulation of huge whales often precedes robust collections after the pressure disappears. However, ETH is still in the face of considerable resistance, and the bulls must regain key levels to confirm the potential reversal of the trend. Since the uncertainty of the market is still approaching, the next few weeks will be crucial when determining the next vital Ethereum movement.

The activity of the Ethereum whale indicates optimism

Ethereum is under huge sales pressure, fighting among macroeconomic uncertainty and fears related to the trade war, which shook both the cryptocurrency market and the American stock market. ETH is now trading below a long level of support, which can act as a robust resistance in the coming weeks. If the bulls do not recover key price levels, the stage can be determined to deeper correction.

However, not all indicators are bears. Despite the ongoing inheritance, some analysts remain sanguine about Ethereum long -term perspectives. The best analyst of Ali Martinez Joint observations on xrevealing that whales have moved over 130,000 ETH over the past week.

This is significant, because huge investors usually transfer their resources from stock exchanges when they plan to stop long -term and not sell. When whales transfer ETH to private wallets, it often signals accumulation, not immediate sales pressure. Historically, such trends preceded market collections, because the reduced supply supply can contribute to price stability and future growth potential.

While Ethereum still encounters grave obstacles, the whaler’s activity suggests that wise money is positioned to the next move. The next few weeks will be of key importance to determining whether ETH can reverse its inheritance trend, or whether further declines are ahead of us.

Bulls are fighting to maintain key levels

Ethereum currently has USD 1,904, trying to recover the momentum after consolidation days below USD 2000. The ongoing sales pressure kept ETH in key resistance, which makes it arduous to reveal the trend and start recovery.

In order for Ethereum to regain a stubborn perspective, Bulls must regain USD 2000 as soon as possible. Keeping a push over this resistance would signal strength and could prepare the ground under the Higher levels, potentially testing USD 2,250-2400 in the coming weeks.

However, if ETH loses its current demand levels, the next main fluidity zone is around USD 1,600. The division below 1750 USD may cause further sale, which leads to the extended phase of the bear, which can delay potential recovery.

With the enhance in the accumulation of the whale and the data on the chain suggesting the reduced supply supply, some analysts believe that Ethereum may soon try a breakthrough. However, macroeconomic conditions and general market moods remain key factors when determining the brief -term ETH trajectory. Bulls will need robust purchasing pressure to regain lost land and avoid a deeper decline.

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