ethereum has retired for two consecutive weeks as concerns about weak demand and the fall of the market share remain.
ethereum (eth) fell to a minimum of $ 2,140 this week and recovered at $ 2,620 as the cryptographic industry stabilized. Approximately 37% below its highest level in December last year is maintained.
Solana becomes a formidable rival
Defi flame The data show that the 30 -day negotiation volume of ethereum was $ 95 billion compared to the $ 264 billion solana (Sol).
ethereum has also been overcome in terms of rates this year. Your network has collected $ 172 million in rates, which makes it the sixth most profitable cryptocurrency project after Tether, Tron, Jito, Solana and Circle.
The eth price has also decreased due to the ongoing controversies of the ethereum Foundation and Tokenses landfills. Here's why I could be ready for a return:
ETHERUM SPOT ETF tickets
A potential catalyst for eth is the current point ETF ETF inputs. Sosovove's data show that these funds have had accumulative net tickets in the last six consecutive days, which raises total flows to $ 3.17 billion.
That is a sign that Wall Street investors are buying the dip, indicating more demand for these funds.
Even so, Spot ethereum ETF has a long way to go to catch bitcoin (btc), which accumulated more than $ 40 billion in tickets.
<img loading="lazy" decoding="async" width="1182" height="865" src="https://crypto.news/app/uploads/2025/02/Spot-ethereum-inflows.jpeg” alt=”ETHERUM SPOT ETF tickets”/>
ethereum balances that fall into exchanges
The other ethereum price catalyst is the fall of exchanges, a sign of possible accumulation of investors. eth balances in exchanges tracked by Coinglass have fallen to 15.36 million, below 16.1 million earlier this year. They have fallen to the lowest level since December last year.
ethereum balances that fall occur when the activity in the resource without recipe or OTC, the sector is <a target="_blank" rel="nofollow" href="https://x.com/JO_wintermute/status/1887817623812882828″ target=”_blank”>rise. The OTC activity is common among the great institutions that wish to execute large transactions outside the centralized and decentralized public.
<img loading="lazy" decoding="async" width="2751" height="938" src="https://crypto.news/app/uploads/2025/02/ethereum-Balanaces.jpeg” alt=”eth balances in exchanges”/>
ethereum's pricing table reflects the background of August
<img loading="lazy" decoding="async" width="3574" height="1982" src="https://crypto.news/app/uploads/2025/02/ethereum-Price-1.png” alt=”ethereum price”/>
The weekly graph shows that the price of eth crashed to a minimum of $ 2,140 this week. That is its lowest level since August last year. Since then, he has formed a hammer pattern, which has a lower shadow and a small body and is a sign of popular bullish investment.
A similar pattern occurred in August, when ethereum touched bottom at $ 2,139. The two great drops occurred in periods of large peaks of bearish volume. eth also found support in the 200 -week mobile average.
Therefore, the currency will probably recover and possibly test the resistance at $ 4,080. A break will aim at more profits to the maximum historical of $ 4,800, followed by $ 6,000.