ELS price could fall on $ 200 in the bear market

Etherum could see a drastic price drop at only 200- $ 400 if the crypto market entered a new bear cycle, in accordance with the giving up, Vice President Blocko in Labs Iuge Labs.

In Mar. Post on X, stop tested Optimistic objectives of the price for Etherum (El). While many see $ 1,500 as a probable floor, if the fall alone is just the beginning, historical trends suggest that withdrawing from 80-90% could be thrusted lower than 200 to $ 400 USD.

He also pointed out that Etherum 30% weekly fall and 50% drop in the last three months does not mean that the worst bears can erase many more values.

Despite this appearance, stop remaining a personal billy, but advises investors reassess their allocations if they are not ready for further disadvantage.

Meanwhile, Etherum whales are already positioning for further potentially drop in prices. 11. Marta 11, LookChain marked a significant transaction in which the newspaper wallet associated with the Etherum Foundation recently deposited 30,098 ETH (~ $ 56.08 million) in Makerdao (MKR) to reduce liquidation price. This wallet now has 100,394 ETE ($ 182 million) on the manufacturer, with a liquidation threshold of $ 1,127.

In a separate transaction, Etherum Ico Whalj also crossed 7,000 ETE (~ 12.94 million) for Kraken, signaling possible sales pressure.

Etherum is fighting for several reasons, such as a crash activityThe decline in institutional demand and growing competition from cheaper, faster blockers. Spot Etfhereum Trade Shops We are all departmented odds from pride $ 119 million data.

Some analysts noticed that the ETF point seems less attractive than decentralized financial returns for funding from the lack of stablecoin because of their absence which will be advocated Incentives.

At the same time, the dominance of Ethereum in the Defici and Perpetual Futures store is under threat due to the fragmented layer of 2 ecosystems and growing competition with platforms such as hyperliquid (Hyper) and Berachain (Bera), which are in the total value locked in the total value.

As a result of a network activity and lower gas prices, ET ETH has also failed to keep its deflation status, with its offer now grows at an annual rate of 0.7%. Although it was intended to reduce inflation, the EIP-1559 incineration mechanism was struggling to compensate for fresh issuance.

It is unclear whether ETH will soon recover its previous $ 2,600 support in the absence of incentive to putting the ETF and increased the definitive request. As for printing time, Etherum is traded by about $ 1,850, with $ 246 million liquidation in the last 24 hours, according to Koinglas data.