$ETH has fallen to its lowest level since April 2025, extending its recent weakness as selling pressure continues to outweigh buying interest across the market.
The move comes as risk appetite remains fragile, with traders rotating capital toward newer narratives while Ethereum struggles to regain momentum.
Price is currently trading at $1,652, down 7.7% in the last 24 hours.
Despite the decline, Ethereum still maintains a market capitalization near $200B and more than $26.5B in daily trading volume, confirming that participation remains extremely high.
Zones to watch
Immediate resistance sits around the psychological $1,700 level.
A recovery above that region could improve short-term sentiment.
Key support remains near the recent lows, with traders watching closely for signs of stabilization.
Momentum
Volume remains elevated, suggesting active repositioning rather than a lack of interest.
The sharp decline has pushed Ethereum into one of its weakest technical positions seen in over a year, making the next few sessions particularly important.
Scenarios
Long case (Main Alert): Hold current support and reclaim $1,700.
Take Profit 1: $1,750
Take Profit 2: $1,850–$1,900
Short case: Failure to establish support could trigger another wave of selling pressure and extend the current downtrend.
Overall, ETH is facing one of its toughest periods since April 2025. While the long-term ecosystem remains one of the strongest in crypto, short-term momentum currently favors the bears until buyers reclaim key resistance levels.
Bias: BEARISH (Until $1,700 is reclaimed)
Major pullbacks often create uncertainty across the market. During periods like these, some users on @ston_fi focus on liquidity pools and farming opportunities while waiting for stronger trend confirmation.