Etherum faces $ 40m thunder while approaching ethics below key support

The weather is critical. ETH interrupted below 1,600 marks of $ 1,600, the main support zone that has now rolled up resilience. The average average, out of the 10 day to 200-day, the sales signals are flashing. The relative power index is 38.9, indicating a weak torque, but it is not yet on the territory of preells. The average average convergence / divergence indicates a possible short-term leap, but as a whole, the market remains caution.

If ETH is not recently returned $ 1,600 $ 1.620, Soon, Next guard To $ 1,500 or as much as $ 1,450 is possible. However, a bounce from current levels could start a fast relief rally at $ 1,700, where harder resistance.

The data on the chain deepens the bear only. According to the defile dataEtherum’s total locked value dropped with about $ 70 billion at the beginning of the year to $ 46 billion. Monthly income also fell from $ 109 million in January to only $ 7.2 million in March.

The net has lost the basis on rivals like Solana (Salt), Base and throne (Twitch), who now bring more users and income approximately. Even decentralized applications like Uniswap (Uni) They do better in competitive chains.

The American Spot ETF outpours add concern. ETH ETFS is in the amount of thrusters 15. April, made total net losses to 158 million dollars in the past month, in relation to sauces data.

El lost 45% in K1 2025, her third worst quarter of 2016. year with major players sales and basis weaker, Etherum’s Road to Recovery looks all steep.