Market Update

4 plans explain the continuous collapse of ETHEREUM

PRICE ETAREUM was in free fall this year, making it one of the worst major encrypted currencies.

ethereum (EthHe decreased for three consecutive weeks, as it decreased to its lowest level since March 2023. It lost more than half of its peak in November, which costs investors billions. This article breaks the continuous ETHEREUM price collapse using the main charts.

Ethereum Spot Ethereum boxes were large external flows

One of the reasons why the price of ETH has decreased is that spot The investment funds circulated in external flows were This year, referring to the weak demand in the United States. The graph below shows that these boxes have clear flows in the last six weeks in a row. This money now has only $ 2.3 billion of net flow compared to 35 billion dollars from Bitcoin. This is a sign that investors prefer Bitcoin over ETH with a wide margin.

ETH ETF external flow Source: sosovalue

Ethereum no longer performs fees

For a long time, Ethereum was the most profitable chains in the encryption industry because they took control of industries like Defiand Games, non -violated symbols, stablecoins, and asset symbol in the real world. This performance has changed this year, and the network has been crossed by other famous chains.

The graph below shows that Ethereum has made $ 27 million in fees this year. In comparison, Tether made $ 1.3 billion, Solana $ 376 million, and TRO 880 million, due to their remarkable activity. It also exceeded platforms such as JITO and UISWAP ETAREUM in the total fees.

ETH network fees | source: Tokenerminal

Development activity decreased

Data on the series also indicate that the Ethereum developer has decreased in recent months. This decrease is likely to be because developers migrate to other rapidly growing chains such as Solana, Sonic and Pruchin. Many have also concentrated the focus to Ethereum Layer-2 solutions such as base, definition and optimism, which provide faster speeds and low transaction costs.

ETHEREUM Development Activity | Source: Santime

ETHEREUM price is a triple style

From an artistic perspective, ETHEREUM decreased sharply after the formation of a three -importance style on the weekly graph. This composition consists of three peaks with about $ 4,062 and neckline at $ 2,132 – another major support level tested on August 5.

ETH is now broken below this neckline, which confirms the hole sign. It also decreased under the moving averages for 50 weeks and 100 weeks. As a result, the following negative goal can be $ 1,000.

ETH price scheme | source: Crypto.News

summary

ETHEREUM witnessed a sharp decrease in 2025, turning an investment of $ 10,000 in November to only 3650 dollars. The weak basics and negative technical indicators indicate that the additional negative aspect may be likely to be in the coming months.

https://crypto.news/app/uploads/2025/02/crypto-news-Ethereum-option50.webp

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