Ethereum bleeds by 20 % amid market turmoil, but analysts see recovery capabilities to $ 2700

Ethereum has suffered from a sharp decrease, about 20 % has decreased in the past 24 hours and currently trading about $ 2,500.

ethereum (EthThe price has decreased to less than the support level of $ 3,000, as it decreased to about $ 2,500, which represents one of the most severe sales in recent years. This recession follows Trump’s decision to submit 25 % tariff In Canada, Mexico and China, which sparked uncertainty in the wider financial markets.

Given the association of encryption with traditional financial markets, ETH and Other digital assets She followed her example.

Coinglass data It indicates that the panic between the whales contributed to the accident. The Great ETHEREUM holders emptied large quantities, which led to a successive wave of references.

Tell the MAXBECUSBECUTBTC encryption tradition His 66,000 followers on X that this was the biggest event to liquidate ETHEREUM for more than two years “with the most negative financing”, compared to Covid’s crash in March 2020. He added that “those who stick to them will be rewarded.”

MaxbeCusebtc is not alone in optimism. Felix Hartmann, founder of Hartmann Capital, said at Posted on X The last recession was the result of “forced sale” and that “prices may be dislocated.”

In a similar context, the partner of the capital of the mechanism Andrew Kang Proposal It may be ETH Overince and can return to $ 2700.