ETHER needs to restore the “macro” range higher than a $ 2200 sign to raise more bullish momentum as encryption markets remain complicated due to global total economic concerns until the beginning of April.
Ether (EthThe price fell more than 51 % during the declining direction for three months, after it reached a peak over 4100 dollars on December 16, 2024, Tradingvief Data appears.
ETH/USD, one day graph. Source: Cointelegraph/Tradingvief
To organize a reflection of this declining trend, the price of the ether needs to restore the “macro range” over $ 2200, the famous rekt capital on March 19 x wrote on March 19 x mail:
“If the price can generate a strong enough reaction, #TH will be able to restore Macro range between $ 2.196 to $ 3900 (black).”
Eth/USD, monthly graph. source: Rick Capital
At the same time, the ether Open interest rose To the highest new level ever on March 21, the investor hopes that adult traders will set a rally more than $ 2,400.
Future contracts are total open attention, eth. Source: Coinglass
Ether is still unable to gain great momentum despite the positive organizational developments of encryption, such as the US Securities and Stock Exchange Committee Driving the lawsuit against Ripple.
Some analysts expect a traditional currency Markets that must be pressured by the World Trade War It is concerned to at least the beginning of April, when the two countries find a decision of revenge definitions.
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ETH whales only buy: Nansen analyst
While some encryption traders often blame big or whales investors, in the market decline, these participants are simply “playing the market in any direction,” according to Nikolai Sondargard, a research analyst in Nansen.
The analyst said through CointeleGRAPH’s Daily X series Viewed on March 21:
“ETH whales in 10K to 100K were already accumulated eth, while everyone else was thrown.”
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The number of headlines with a value of $ 100,000 from the ether began at the beginning of March, from more than 70,000 titles on March 10 to more than 75,000 on March 22, Glassnode Data appears.
ETH: The number of addresses with balance ≥ 100 thousand dollars. The graph is a year to date. source: Glassnode
In comparison, there were more than 146,000 wallets with more than $ 100,000 of ETH balance on December 8, when the ETHER price was trading over $ 4,000.
Despite the possibility of short -term volatility, investors remain optimistic for the rest of 2025, Expect Vanc 6000 dollars Cycling cycle for the price of ether and bitcoin $ 180,000 (BTC) The price is through 2025.
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