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Ethereum ($ETH) Crypto Forecast: Down 5.2% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Ethereum?

Ethereum (ETH) is one of the leading cryptocurrencies in the market, known for its smart contract functionality and decentralized applications. Today, ETH experienced a strong bearish movement amidst the overall cryptocurrency market.

Why is Ethereum going down?

ETH crypto is down 5.2% on Mar 29, 2025 4:02

  • Potential delisting of Ethereum from a major trading platform might have created uncertainty and negative sentiment around ETH, leading to the bearish movement.
  • The upcoming monthly close of Chainlink (LINK) could be impacting the broader cryptocurrency market sentiment, indirectly affecting Ethereum's price as well.
  • The outperformance of Shiba Inu compared to Bitcoin and Ethereum in long-term holder growth could be diverting investor attention away from ETH, contributing to its bearish movement.
  • Significant liquidations in the crypto market, with ETH leading the losses, might have triggered a cascade of selling pressure on Ethereum, exacerbating its bearish trend.

ETH Price Chart

ETH Technical Analysis

ETH News

Is Binance Delisting Ethereum From Their CEX? CZ Responds

Is Binance Delisting Ethereum From Their CEX? CZ Responds

https://coinpedia.org/news/is-binance-delisting-ethereum-from-their-cex-cz-responds/

0 News Article Image Is Binance Delisting Ethereum From Their CEX? CZ Responds

Chainlink Monthly Close To Determine LINK’s Fate – Here Are The Levels To Watch

Chainlink Monthly Close To Determine LINK’s Fate – Here Are The Levels To Watch

https://www.newsbtc.com/news/chainlink-monthly-close-to-determine-links-fate-here-are-the-levels-to-watch/

1 News Article Image Chainlink Monthly Close To Determine LINK’s Fate – Here Are The Levels To Watch

Shiba Inu Outpaces Bitcoin, Ethereum in Long-Term Holder Growth

Shiba Inu Outpaces Bitcoin, Ethereum in Long-Term Holder Growth

https://zycrypto.com/shiba-inu-outpaces-bitcoin-ethereum-in-long-term-holder-growth/

2 News Article Image Shiba Inu Outpaces Bitcoin, Ethereum in Long-Term Holder Growth

Ethereum Price Analysis: ETH losses overtakes BTC and XRP as crypto liquidations hit $450 million

Ethereum Price Analysis: ETH losses overtakes BTC and XRP as crypto liquidations hit $450 million

https://coingape.com/markets/ethereum-price-analysis-eth-losses-overtakes-btc-and-xrp-as-crypto-liquidations-hit-450-million/

3 News Article Image Ethereum Price Analysis: ETH losses overtakes BTC and XRP as crypto liquidations hit $450 million

Ethereum retail sentiment hits rock bottom – Is a breakout rally brewing?

Ethereum retail sentiment hits rock bottom – Is a breakout rally brewing?

https://ambcrypto.com/ethereum-retail-sentiment-hits-rock-bottom-is-a-breakout-rally-brewing/

4 News Article Image Ethereum retail sentiment hits rock bottom – Is a breakout rally brewing?

Ethereum Price History

28.02.2025 - ETH Crypto was down 6.1%

  • ETH price has reached a four-year low against BTC, signaling a significant bearish movement.
  • The Ethereum price encountering the 300-week Moving Average for the second time could have caused a sell-off among investors.
  • Liquidations surpassing $450 million for major cryptocurrencies like Bitcoin, Ethereum, and XRP may have intensified the selling pressure on ETH.
  • The uncertainty regarding ETH's potential crash or rebound at a crucial level has likely fueled the negative sentiment among traders.

29.02.2025 - ETH Crypto was down 5.2%

  • ETH experienced a strong bearish movement today, surpassing losses in other major cryptocurrencies like BTC and XRP.
  • The retail sentiment for Ethereum hit rock bottom, signaling a potential shift in investor confidence.
  • An influx of $89 million into Bitcoin ETFs by Fidelity and Blackrock, while Ether ETFs lost $4 million, may have diverted attention and capital away from Ethereum.
  • The overall decline in Bitcoin, Ethereum, XRP, and Dogecoin can be linked to renewed fears of inflation, prompting a broader market sell-off.

29.02.2025 - ETH Crypto was down 5.2%

  • Potential delisting of Ethereum from a major trading platform might have created uncertainty and negative sentiment around ETH, leading to the bearish movement.
  • The upcoming monthly close of Chainlink (LINK) could be impacting the broader cryptocurrency market sentiment, indirectly affecting Ethereum's price as well.
  • The outperformance of Shiba Inu compared to Bitcoin and Ethereum in long-term holder growth could be diverting investor attention away from ETH, contributing to its bearish movement.
  • Significant liquidations in the crypto market, with ETH leading the losses, might have triggered a cascade of selling pressure on Ethereum, exacerbating its bearish trend.

28.02.2025 - ETH Crypto was down 5.5%

  • ETH encountered resistance at the $2,100 mark, suggesting a lack of bullish momentum and a potential bearish trend.
  • The attention garnered by Ethereum's competitors amidst ETH dropping below $2,000 could have prompted the selling pressure on ETH.
  • The general downward movement in the cryptocurrency market, as noted by analysts, likely contributed to the decline in ETH value.
  • The disclosure that XRP is preferred over BTC and ETH by public officials in South Korea might have diverted investors away from ETH, influencing its price negatively.

28.02.2025 - ETH Crypto was down 6.8%

  • Ethereum experienced a significant bearish movement, falling more than 6% in the last 24 hours.
  • Concerns about network centralization due to a dominant Ethereum node operator may have contributed to market uncertainty.
  • The expiration of quarterly Bitcoin and Ethereum options could have added to market volatility and influenced ETH's price decline.
  • Speculation and fear in the market might have further intensified selling pressure on the token.

28.02.2025 - ETH Crypto was down 5.9%

  • ETH price crashed below $2,000, leading to a bearish movement.
  • Despite bullish ETF staking fundamentals, Ethereum's price continued to decline.
  • The overall crypto market falling today might have contributed to ETH's bearish movement.
  • News of Ethereum testing upgrades and aiming for a release in late April did not seem to positively impact its price amidst the market downturn.

28.02.2025 - ETH Crypto was down 7.1%

  • Adding popular brands like Atari, Terminator, and Jurassic World to Ethereum game 'The Sandbox' in Alpha Season 5 did not generate enough excitement to counter the prevailing bearish sentiment.
  • Speculation on the possibility of Ethereum reaching $1,000 may have fueled selling pressure and contributed to the bearish mood in the market.
  • The substantial 74% decline of Ethereum against Bitcoin could have unsettled investors, resulting in additional ETH sell-offs.
  • Ethereum's inability to surpass the $2,100 resistance level and the increasing downside risk potentially discouraged traders, triggering a series of sell-offs and reinforcing the bearish trend.

28.02.2025 - ETH Crypto was down 5.9%

  • ETH faced a notable downward movement today, aligning with the overall trend in the cryptocurrency market.
  • Worries surrounding inflation figures and a substantial decline in the total cryptocurrency market capitalization played a part in pushing ETH lower.
  • The expiration of options for Bitcoin and Ethereum contributed to market instability, likely affecting ETH's decrease in value.
  • While the market sentiment was predominantly negative, a cryptocurrency trader emphasized a potential opportunity in a competitor of Ethereum, indicating competitive dynamics impacting ETH's performance.

28.02.2025 - ETH Crypto was down 6.5%

  • The bearish movement in ETH today could be attributed to the quarterly Bitcoin and Ethereum options expiring, leading to increased volatility and potential selling pressure in the market.
  • The upcoming Ethereum's Pectra upgrade on April 30 might have caused uncertainty among investors, prompting some to sell off their ETH holdings in anticipation of the network changes.
  • Concerns raised by industry executives about Coinbase's Ethereum staking dominance and its potential impact on network centralization could have also contributed to the bearish sentiment surrounding ETH.
  • While Aave's upgrade integrating Chainlink SVR to enhance protocol revenue is positive news for the DeFi sector, it might have diverted attention away from ETH, leading to a temporary price decline.

28.02.2025 - ETH Crypto was down 5.8%

  • The bearish movement in Ethereum (ETH) today may be due to investors profit-taking following a recent price increase.
  • The emergence of an Ethereum competitor offering opportunities at current levels might have redirected traders' attention from ETH, influencing the bearish trend.
  • Uncertainty in the market linked to a significant options expiry for Bitcoin and Ethereum could have triggered a sell-off in ETH.
  • The launch of a crosschain stablecoin by Tether on the Optimism Superchain could have drawn some focus and investment away from Ethereum, impacting its price negatively.

28.02.2025 - ETH Crypto was down 6.2%

  • Significant investment in Bitcoin ETFs by Fidelity and Blackrock may be drawing attention and capital away from Ethereum, potentially contributing to its bearish movement.
  • Renewed inflation fears are believed to have led to a plunge in Bitcoin, Ethereum, XRP, and Dogecoin, triggering a broader sell-off in the cryptocurrency market, including Ethereum.
  • Ethereum hitting its 300-week moving average for the second time in 2022 might have induced technical selling pressure, resulting in the bearish movement.
  • Anticipation of increased demand for Bitcoin and Ethereum due to the adoption of a particular crypto asset class, as noted by deVere Group CEO Nigel Green, may not have materialized yet, negatively impacting Ethereum's price.

28.02.2025 - ETH Crypto was down 6.8%

  • A significant bearish movement in the market is indicated by ETH crashing to a four-year low against BTC. This could be due to increased selling pressure and lack of buying support.
  • The broader market downturn is suggested by the overall fall in Bitcoin, Ethereum, and XRP to weekly lows, as well as liquidations spiking above $450 million, affecting multiple cryptocurrencies, including ETH.
  • Uncertainty and negative sentiment around ETH may be contributed by the pressure on the Ethereum Foundation to make decisions regarding layer-2 networks, potentially leading to further selling pressure and price decline.
  • While Aave's upgrade to integrate Chainlink SVR may have positive implications for its protocol revenue, it does not directly impact ETH's bearish movement, which seems more influenced by market dynamics and external factors.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.