Key notes
- Ethereum’s ETH / BTC ratio has dropped 77% since December 2021.
- Santiment notes that the extremely lowering feeling can trigger a bullish movement against.
- ETH is negotiated at around $ 1,549, down 4% in the last day.
Ethereum
Ethn
$ 1,610
24h volatility:
2.8%
COURTIC CAPESSION:
$ 194.71 B
Flight. 24 hours:
$ 11.99 B
Recently faced a difficult period, losing $ 62 billion in market capitalization in just 15 days. The ETH / BTC report has dropped by 77% since December 2021, reporting a very bad performance against Bitcoin
BTC
$ 84 588
24h volatility:
1.7%
COURTIC CAPESSION:
$ 1.68 T
Flight. 24 hours:
$ 24.90 B
.
Despite this, many analysts argue that this very pessimism could be the beginning of a major reversal.
According to the platform of the health intelligence market, the growing lowering of Ethereum among investors could lead to an optimistic perspective for cryptocurrency. He explained that the markets generally tend to move in the opposite direction of public feeling.
📊 Ethereum was the source of humor for many high -level crypto traders, with the $ ETh / / $ BTC The ratio has now been down -77% since December 2021. But should its long -term crisis make it automatic radiation now? Absolutely not. Read our deep dive. 👇
– Santiment (@santimentfeed) April 11, 2025
Santiment also presented the reasons for several components behind Ethereum’s slow racing: competition from solutions from Layer-2 to a rapid increase, developer delays, high transaction costs, inconsistent stories around its use case and an intense regulatory examination.
In particular, Standard Charterd recently suggested that XRP
Xrp
$ 2.14
24h volatility:
5.7%
COURTIC CAPESSION:
$ 125.17 B
Flight. 24 hours:
$ 3.14 B
could exceed Ethereum in market capitalization by the end of the year – an assertion that would have seemed unthinkable just a year ago.
In addition to this, sales of large -scale tokens by longtime holders have added constant pressure to the price of ETH. According to Lookonchain data, an “Ethereum OG” recently sold nearly 8,000 ETH (worth $ 11.8 million) after being inactive for three years.
Another #Ethereum OG begins to pour $ ETh After 3 years of dormancy!
He sold 7,974 $ ETh($ 11.8 million) at $ 1,479 in the last 2 hours and still holds 30,606 $ ETh ($ 45.7 million). pic.twitter.com/wtrwphqfqu
– Lookonchain (@lookonchain) April 10, 2025
Ethereum (ETH)
At the time of writing the editorial staff, Ether is negotiating about $ 1,549, down approximately 4% in the last 24 hours. Barely a few days ago, he touched a two -year -old $ 1,385.
On the daily price table, the RSI is nearly 36, indicating surveillance conditions. This indicates that traders could see a possible short -term rebound.
Ethereum Price RSI, Bollinger Bands Indicators | Source: Commercial view
Bollinger groups show a price sitting near the lower strip, suggesting an average reversion opportunity. If the price manages to increase and exceed the intermediary (20 -day SMA) around $ 1,800, the ETH could confirm a potential trend reversal.
However, the MacD remains in lowering territory, with the signal line above the MacD line and red bars extending on the histogram. Buyers intervened nearly $ 14.50 in April, making it a key short -term level of support.
MacD indicator of Ethereum price | Source: Commercial view
Crypto analyst Ali Martinez also stressed that ETH was approaching a historic support area that previously marked the bottom of the cycle.
#Ethereum $ ETh A critical area approaching that has historically marked market funds and offered solid purchasing opportunities. pic.twitter.com/gz4tjrtqp0
– Ali (@ali_charts) April 10, 2025
According to Martinez, this could be a major purchase opportunity for investors. If Ethereum holds its current levels, a rescue rally could emerge.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
