Will Ethereum drop below 2000?
#ETH
Since the beginning of 2025, the price performance of Ethereum has been concerning.
From the beginning of the year at 3300 U, it has fallen all the way down, dropping 36%, and now it seems poised to hit the critical price point of 2000 U. If this continues, the first quarter is likely to become its worst-performing quarter in history.
Although Ethereum has a share in the U.S. strategic reserve of crypto assets, it previously failed to rise to 2500 U and then crashed significantly.
In the past 72 hours, Ethereum was first driven up and then sold off. According to data, it has fallen over 14% in 24 hours, and the open positions have decreased by 10.8%, leaving only 18.8 billion U.
At the same time, the amount forced to sell due to price volatility in the past 24 hours has skyrocketed to 209 million. I think if Ethereum's price drops to 1600 U, this first quarter will definitely be the worst in history, even worse than the first quarter of 2018.
That drop occurred after the previous market peak, and during this decline, a large capital player made profits of over 81 million U by shorting Ethereum with 50x leverage, though this money hasn't been fully realized yet. However, opinions in the market vary.
Some believe that even though Ethereum's price has dropped, it is still a good buying opportunity. Huangfu believes that today’s 14% drop is a clear signal of a significant decline, which is a buying signal, and he has already taken the opportunity to buy some Ethereum during the downturn in his investment portfolio.
Huangfu believes that Ethereum's price will continue to drop in the short term, and if you are optimistic about Ethereum in the long run, the price may have already dropped low enough to start buying slowly, as it has reached undervalued territory.
If you want to seize this bull market,
I am Huangfu, welcome to communicate
Comment 168 to get on board!!!
Chaos brings chaos brings chaos brings chaos!!!
Important things are said three times!!!
#加密市场回调
