Ethereum is negotiated at the level of the stockings: the fundamentals indicate a major undervaluation

Ethereum is negotiated below the levels of critical resistance after having endured weeks of heavy sales pressure and poor performance. Since the breakdown of the $ 2,000 psychological mark, the price has dropped by more than 21%, signaling growing uncertainty among short -term investors. This drop has raised questions among market players, especially since Ethereum chain fundamentals remain robust.

Related reading

The best Ted Ollows analysts have shared information suggesting that ETH is now negotiated near the bottom of the bear market – but the network has never been stronger. More than 95% of all stablecoin transactions are processed on Ethereum, and it still leads to the total value protocols of locked value (TVL) on the protocols of Defi and real world (RWA). It is also the only Altcoin with a spot FNB approved in the United States, and many upgrades are aligned to improve its speed and reduce transaction costs.

Despite these forces, the price of Ethereum remains removed, which leads to increasing speculation: is it just the feeling of the market at stake, or could it reflect the coordinated manipulation to eliminate the weak hands before a reversal? While Ethereum continues to dominate the story of usefulness in crypto, many long -term holders see this slowdown as a strategic accumulation area, while others are preparing for more drawbacks.

Ethereum fundamentals shine despite the lowered market conditions

Ethereum is faced with a critical test because it is negotiated near the major demand levels while macroeconomic uncertainty deepens. Global tensions persist while US President Donald Trump degenerates his trade war with China. The recent 90-day price break for all countries, except China, did not do much to facilitate fears of the market. While economic pressure is strengthening between the two largest economies in the world, investors are increasingly turning high -risk assets like crypto, which leads to volatility on digital markets.

Ethereum, like the wider market of cryptography, suffered under this weight. The asset now oscillates just above the hollows of the bear market after a prolonged decline, which aroused concerns about its short-term action. However, despite the technical weakness, the pillows indicate that the solid fundamentals of Ethereum as a reason to remain optimistic.

According to the pillows, Ethereum remains the backbone of the decentralized financial ecosystem (DEFI). It deals with more than 95% of all stablecoin transactions, commands the highest locked value (TVL) and leads to the tokenization of real assets (RWA). It is also the only Altcoin that the United States has approved for an ETF Spot, adding institutional legitimacy.

With several upcoming protocol upgrades to improve scalability and reduce costs, pillows believe that Ethereum’s current evaluation could represent a long -term purchase opportunity. As he says: if you believe in fundamentals, ETH remains the highest bet among altcoins.

Related reading

ETH price stuck in the range: Bulls Eye $ 1,800 Breakout

Ethereum is negotiated at $ 1,590 after several days of jerky price action between $ 1,500 and $ 1,700. The market remains stuck in this narrow range while bulls have trouble resuming momentum in a wider macroeconomic uncertainty. The inability to recover the key resistance zones has maintained the ETH under pressure, and a decisive break is necessary to move the feeling.

The bulls are currently considering the mobile average at 200 days of 4 hours (MA) and the exponential mobile average (EMA), both seated near the level of $ 1,800. The recovery of this area would mark a significant short -term victory for buyers and could point out the start of a recovery phase. A net break greater than $ 1,800 would also invalidate the current high -level structure and potentially lead the ETH to higher supply areas almost $ 2,000.

Related reading

However, lower risks remain. If Ethereum does not hold above the current support levels and decreases below $ 1,550, the following leg could send the asset under the bar of $ 1,500. For the moment, the corridor of $ 1,500 to $ 1,800 defines the battlefield of Ethereum, and the merchants are watching closely for a break that establishes the next main direction.

Dall-e star image, tradingview graphic