NEWSLETTER
ethereum's price yield was quite disappointing in the last weeks of 2024, fighting below the level of $ 3,500. This end of the year blues flowed a bit to Altcoin's action in the first month of 2025, since he could not build any serious impulse in the first 30 days of the year.
As expected, this slow price action has taken the panic of several ethereum investors, with a part of the market that reflects on whether to sell their tokens. A popular cryptographic analyst on the social media platform x has presented an in -depth analysis of the eth price in the coming months.
What leaves the future for eth Price?
In a January 31 publication in x, crypto Pundit Ali Martínez tried <a target="_blank" href="https://x.com/ali_charts/status/1885312343673831684″ target=”_blank” rel=”noopener nofollow”>answer The “Is it time to sell ethereum and move on?” Ask while he breaks down his recent price and movement action in the chain. According to the analyst, the future seems gloomy for the price of eth, since it is at risk of deep -term deep -term correction.
This is based on the MVRV ratio (160 -day mobile average), which tracks the relationship between the market cover of a currency and the limit made. It helps to evaluate whether a cryptocurrency (ethereum, in this scenario) is overvalued. According to Martínez, the eth price recently fell below the MVRV (160d-MA), an occurrence that led to a 40% correction last time.
<img decoding="async" class="aligncenter" src="https://technicalterrence.com/wp-content/uploads/2025/02/Ethereum-price-at-2000-or-6000-The-analyst.jpeg" alt="ethereum price” width=”1199″ height=”675″/>
Source: Ali_charts/x
The potential of a severe price setback has resulted in a change in the feeling of investors, with a private investors cohort that shows a certain level of anxiety in the market. Glassnode data show that long -term ethereum holders are beginning to sell some of their coins, strengthening the chances of a price correction.
In the case of correction, certain pricing levels in the chain could be crucial for long -term health of the eth price. One of those price regions is between $ 2,230 and $ 2,610 (where almost 12 million wallets bought 62.27 million eth)that could act as an important support zone against a greater decrease.
From the point of view of technical price analysis, the eth price seems to be forming an inverse head and shoulder pattern, with an important support level between $ 2,800 and $ 3,000. According to Martínez, ethereum's price could do A play for the pattern neckline at $ 4,000 if this support region is maintained.
<img loading="lazy" decoding="async" class="aligncenter" src="https://technicalterrence.com/wp-content/uploads/2025/02/1738516151_207_Ethereum-price-at-2000-or-6000-The-analyst.jpeg" alt="ethereum price” width=”1200″ height=”781″/>
Source: Ali_charts/x
While the level of $ 4,000 has acted as an important resistance level for four years, the recent accumulation of whales increases the possibilities of ethereum's price to break this crucial region. The latest data in the chain show that WHales bought more than 100,000 eth (with a value of more than $ 340 million) in The last days.
Martínez said that if ethereum's price breaks successfully above the $ 4,000 brand, it could travel to $ 6,770 according to MVRV price bands. This would represent a rally of more than 100% of the current price.
ethereum price at a glance
At the time of writing this article, the price of ethereum is around $ 3,315, which reflects a jump of more than 2% in the last 24 hours.
x/M45M1UjI/” alt=”ethereum price” width=”2174″ height=”1432″/>
The ethereum price loses the $3,300 level on the daily timeframe | Source: ETHUSDT chart on x/qCFAjWEy/" target="_blank" rel="noopener nofollow">TradingView
Istock's prominent image, TrainingView graphics
