#EthereumFuture

The price of Ethereum decreased by 4.00% last week, and it is currently trading at $1,777.2. The weekly chart shows that Ethereum is struggling to stay above the resistance level of $2,075, leading to a continuous wave of selling. Macroeconomic issues have contributed to the further decline of Ethereum, joining the downward trend. The 43.36% drop in Ethereum since the beginning of the year indicates a bearish trend. The risk of rising inflation, deteriorating economic news, and impending tariffs have raised doubts in the financial markets, causing cryptocurrency prices to decline.