Main notes
- Ethereum 760,000 ETH whales have sold huge in the past two weeks.
- The encrypted currency faces resistance in EMA for 20 days at 1963 dollars.
- The ETH/BTC ratio has a lowest level for 3 years, confirming the performance of the ETH.
ethereum
Eth
$ 1 867
24 hours fluctuation:
0.1 %
The maximum market:
225.56 dollars b
Folder. 24h:
$ 15.08 b
It faces installation challenges, as the data on the series reveals a large sale of whales, which is a sharp decrease in its relative strength against Bitcoin
BTC
$ 84 681
24 hours fluctuation:
0.7 %
The maximum market:
$ 1.68
Folder. 24h:
$ 27.98 b
And a decrease in the decentralized financing market (Defi).
The multiple limit factors contributed to the basic happy ETHEREUM performance, as ETH is traded at about $ 1883-less than the 20-day SIA moving average (EMA).
Selling whales 760,000 #ETHEREUM $ ETH In the past two weeks! pic.twitter.com/lpb6zfiv1c
Ali (ali_charts) April 2, 2025
Selling whale and low activity
According to the Crypto analyst Ali Martinez, holders of the Great ETHEREUM have sold about 760,000 ETH in the past two weeks, a step that mostly contributed to the last twice the price.
More worry, the number of large ethical transactions has decreased by 63.8 % since February 25, indicating a significant decrease in whale activity.
Since February 25, a large number #ETHEREUM $ ETH Transactions decreased by 63.8 %, indicating a decrease in whale activity on the network. pic.twitter.com/dbkmykar3q
Ali (ali_charts) April 2, 2025
The slowdown in large transactions indicates that institutional and major institutional players either get out of the market or choose to stay on the margin, which means decrease in liquidity, trust in the market, and support for weaker ETH prices in the short term.
If the whales continue to empty ETH at this rate, the Ethereum may struggle to restore the bullish momentum.
ETH/BTC ratio reaches the lowest level in 3 years
Ethereum struggles are more high by weakening their performance for Bitcoin.
The ETH/BTC ratio decreased to 0.022, its lowest level since December 2020. This also represents a decrease of 73 % of its peak 0.085 in September 2022.
From this angle, $ ETH / / $ BTC Trading pair can go to 0.0020! pic.twitter.com/6kbcwp5krt
Ali (ali_charts) April 2, 2025
At a current price of $ 1880, ETHEREUM decreased by 9 % over the past week and 62 % of its highest level ever at $ 4,890 in November 2021.
On the contrary, Bitcoin remained more flexible, trading about $ 84,300, with only 10 % from year to date (YTD). Meanwhile, ETHEREUM decreased by 46 % YTD, indicating that the investor’s confidence in ETH is diminishing.
ETHEREUM contraction on Defi
Ethereum dominance in TVL value (TVL) From Defi protocols also witnessed a noticeable decrease. As of the time of the press, TVL of ETHEREUM is $ 50.68 billion, which represents 52.76 % of the total Defi market.
However, this represents a decrease in its 61.64 % share in February 2024, indicating that liquidity flows into alternative groups.
One of the largest beneficiaries of this transformation is Solana, which increased TVL from 2.84 % to 7.24 %, thus reaching a total of $ 6.69 billion – more than 2.5X the increase in more than a year.
It emphasizes the high rising ecosystems on the increasing demand for more efficient and lowest alternatives to ethnic.
Technical indicators: descending expectations?
The current technical indicators of Ethereum paint a bleak picture. According to CoinmarketCapETH is trading at $ 1,883.59, which is much lower than the 20 -day SIA moving average (EMA) of $ 1963.
The ongoing position at the bottom of EMA often indicates a 20 -day declining momentum and weak purchase benefits.
Source: TradingView
In addition, the ETHEREUM (RSI) relative index is 40.73, with a gradient in the line, indicating an increase in the pressure pressure.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.
The post Ethereum Technicals Not Looking Good: Will ETH Crash Further? first appeared on Investorempires.com.
