Ethereum trades at USD 1,600 after a few days of unsuccessful attempts to recover higher prices. Bulls show signs of life, but their rush remains tender because the bears pressure still dominates on the market. Despite the brief recovery reflection last week, the wider Ethereum structure still reflects a clear downward trend.

The cryptographic market remains under the shadow of macroeconomic uncertainty, because the continuous tensions between the United States and China strongly burden global financial moods. No termination or agreement between two economic giants was announced, leaving careful and reluctantly investors.

By adding to negative sentiments, Cryptoquant data show that Ethereum whales have relieved about 143,000 ETH over the past week. This huge -scale distribution strengthens the fears of the further minus, and long -term owners and huge wallets decide to reduce exposure, not accumulating.

While some analysts still see the potential of return, if the key levels are recovered, the current market environment remains delicate. While Ethereum cannot recover and maintain above brief -term resistance levels, the threat of another leg remains very real. Traders carefully observe the price campaign to signs of change – but for now caution is still conducting.

Ethereum faces pressure when the whales come out

Ethereum is in the face of a critical test because the price action still has no clarity and the support levels remain delicate. Despite the brief reflection attempts, ETH did not establish a clear bottom, and the structure of the inheritance remains intact. The market is trying to define a mighty demand zone, which makes it challenging to keep the rush up. As sales pressure increases, analysts warn that Ethereum can still move towards lower demand levels with a lack of mighty interest in buying.

Wider macroeconomic conditions still weigh risk assets, such as Ethereum. Global trade tensions, especially unresolved tariff distances between the United States and China, caused uncertainty on financial markets. In combination with the fear of slowing down the global economy and the lack of coordinated fiscal support, the cryptography markets remain under pressure.

Adding the best analyst ALI Martinez to the bear Shared data in the chain The disclosure that whales have discharged about 143,000 ETH over the past week. This distribution on a huge scale by influential owners significantly weakened Ethereum perspectives, strengthening the fears that knowledgeable money is preparing for a deeper decline.

From the end of December, ETH remained in an extended bear trend, and each attempt to recover was found by renovated sales. While Bulls does not regain key technical levels and moods to the change market, Ethereum can continue to move further.

The price of ETH got stuck in an unstable range

Ethereum is currently at the price of USD 1,600 at lasting days of huge variability and uncertainty based on macroeconomic. Despite the brief scratches with relief, ETH remains closed in a bear structure, unable to generate a sturdy shoot. For Bulls to regain control, recovering the level of resistance of USD 1,850 is crucial. This level is in line with 4-hour 200 mA and EMA about USD 1800, which makes the key observation zone to confirm the short-term reversal of trends.

Keeping an average of medium signaling over the renewed strength and would probably mean the beginning of the recovery rally. However, the price action still fights under them, and the lack of sliding above these indicators would confirm persistent weakness. In this case, Ethereum can check the USD 1500 again, and even immerse it below if it is intensified.

The current environment is shaped by global tensions and macro uncertainty, without clear catalysts that lead a breakthrough in both directions. As long as ETH remains below the key average movable, the risk of another leg remains raised. Bulls must act quickly to reverse the sentiment and avoid deeper correction towards the long -term level of demand.

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