As tariff shock, underperformance fuel market anxiety, Ethereum Holds Ground
Weeks of selling pressure and dwindling bullish momentum have left Ethereum at crucial levels. US President Donald Trump's policy adjustments and sweeping tariffs have increased macroeconomic uncertainty, hurting the crypto market. These actions shook investor confidence in conventional and digital markets.
Ethereum is one of the hardest-hit assets. After ETH dropped below $2,500 in late February, bulls lost control and price activity has been downtrending. ETH is at multi-month lows with no bottom in sight after unsuccessful support attempts.
Ethereum lost roughly 50% of its value this quarter, while Bitcoin fell 15%, according to IntoTheBlock. This expanding performance disparity worries investors who anticipated ETH to lead a 2025 rise fuelled by Ethereum-based breakthroughs and adoption.
All eyes are on the next weeks. Ethereum may rebound if bulls retake critical levels and momentum. However, if pessimistic sentiment persists, a further decline below $1,750 may follow. The pressure is on, and Ethereum's next move might shape the altcoin market.
Ethereum is below $1,800, indicating ongoing weakness as bulls seek to recover. The price stays below the 4-hour 200 MA and EMA, which are concentrated around $2,000, a key technical zone that previously supported it. This region must be regained for a sustainable recovery after becoming resistive.
Bulls must push ETH over $2,000 and preferably retake $2,200 to break the current decline and suggest a possible comeback. Price action favors sellers without that move.
The final line of defense is $1,800. Failure to retain and recapture it promptly might lead to a greater drop. Bears may push Ethereum below this zone to $1,750 or $1,550, levels not seen since early 2023.
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