Ethereum, the second-largest cryptocurrency by market capitalization, faces a potential 25% decline as the broader crypto market struggles to recover from recent downturns. After briefly stabilizing near $1,600, ETH’s price momentum has stalled, reflecting weakened investor sentiment and a lack of significant buying pressure.
Source – FXStreet
Market analysts highlight the growing influence of macroeconomic uncertainties and regulatory concerns, which continue to weigh on the digital asset space. Ethereum’s recent price action has shown vulnerability, with key support levels being tested amid the ongoing market correction. A further breach of critical thresholds could accelerate ETH’s downward trajectory, underscoring the fragility of the current crypto environment.
While some investors view the decline as a short-term correction, broader indicators suggest that Ethereum’s outlook may remain bearish unless sentiment improves or a catalyst emerges to restore confidence in the market.
