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Ethereum Plummets to $3,000 as Market Turbulence Raises Volatility Concerns

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Ethereum Price Dips Below Crucial Threshold Amid Market Turbulence

The Ethereum (ETH) price has plunged below the pivotal $3,000 mark as the cryptocurrency market faces a significant downturn. This decline has led to heightened uncertainty among investors and traders alike.

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Currently, Ethereum is trading at approximately $3,067, reflecting a sharp 23% drop over the past month. This movement marks one of the most severe corrections for Ethereum in 2025.

Long-Term Investors Bolster Holdings Despite Market Pressure

Despite the market’s downturn, data from the blockchain indicates that long-term Ethereum holders are increasingly acquiring more of the digital currency. According to analytics firm CryptoQuant, Ethereum’s trading price stands around 8% higher than the Realized Price for Accumulation Addresses, a key metric that assesses the cost basis for experienced holders.

These steadfast investors have amassed an additional 17 million ETH in 2025, growing their total from 10 million to over 27 million coins. This suggests a robust belief in Ethereum’s future, even amid market instability.

However, selling pressures across various exchanges remain intense. Over 164,000 traders faced liquidations within a 24-hour period, with total liquidations nearing a staggering $900 million.

Ethereum has also entered a significant liquidation zone between $2,900 and $3,000, escalating market volatility. Outflows from Ethereum Exchange Traded Funds (ETFs) have soared, with over $728 million withdrawn in a single week, further dampening market sentiment.

Adding to the market’s apprehension, renowned crypto figure Arthur Hayes reportedly sold 1,480 ETH, leading to speculation that key traders might be preparing for a deeper market decline.

Technical Analysis of Ethereum: Signals of Caution

From a technical standpoint, Ethereum’s price remains on shaky ground. The asset is trading below the 100-hourly Simple Moving Average (SMA) and struggles to regain the 50-week moving average, which now functions as a resistance point. A bearish trend line has emerged near $3,150, with further obstacles at $3,260 and $3,350.

On the downside, immediate support is positioned at $2,950, followed by a more substantial support level at $2,880. Breaching this area could pave the way toward $2,750 or even $2,680, levels which analysts caution could lead to broader market instability.

Prospects for an Ethereum Recovery

Despite the current turmoil, some analysts remain hopeful. Tom Lee of Fundstrat suggests that Ethereum might be reaching a bottom, predicting a potential surge to $7,000 within 45 days. This optimism is fueled by the forthcoming Fusaka network upgrade, booming stablecoin activities, and rising institutional interest.

At present, Ethereum’s price is caught between strong long-term accumulation and mounting short-term selling pressures. Whether the bulls can reclaim the $3,150 resistance or the bears drive ETH to new lows will likely depend on broader macroeconomic trends and Bitcoin’s next significant move.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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