Ethereum ($ETH ) has had a challenging week in the markets. Its price fell to approximately $1,400, reaching its lowest level in five years. This decline occurs amid a general correction in the cryptocurrency market, where ETH lost 15% in the last seven days.
Although there was a brief rebound of 9% following positive news about inflation in the U.S., the price fell back below the "realized price" of $2,000. This level has not been seen since the COVID-19 crisis in 2020 and could represent an accumulation opportunity for long-term investors.
Additionally, there have been net outflows of $11.2 million in Ethereum ETFs, indicating lower institutional confidence in the short term. Despite these challenges, Ethereum remains the second most relevant cryptocurrency in the world, thanks to its robust infrastructure and its key role in decentralized applications (DeFi, NFTs, and more).
Analysts remain attentive to market movements, while the crypto community awaits a possible recovery in the coming weeks.