Ethereum Updates: ETH Rebounds from $3,300 While Experts Warn of Potential Drop to $1,700
- Ethereum rebounded above $3,300, ending a three-day decline with a 2.72% gain to $3,859.45, its largest rise since October 2025. - Analysts warn of a potential $1,700 drop by mid-2026 if Ethereum fails to sustain above $3,800, citing weak technical indicators and bearish momentum. - Ethereum ETFs saw $136M in outflows, while broader crypto market volatility and Fed rate uncertainty amplify downward pressure on prices. - Negative MACD and suppressed funding rates reinforce bearish sentiment, with analysts
Ethereum has bounced back above $3,300 in recent sessions, narrowing its 24-hour decline to 8.98% based on the latest figures. The digital asset advanced 2.72% to reach $3,859.45, ending a three-day slide and registering its biggest single-day gain since October 26, 2025, according to TradingView.
Market analysts have responded to these price movements with mixed opinions. Well-known crypto commentator Ali Martinez cautioned that Ethereum could face a "worst-case scenario," potentially dropping to $1,700 by mid-2026 if it fails to reclaim the $4,000 mark, as reported by Yahoo Finance.
Martinez pointed to bearish technical patterns, such as the inability to sustain levels above $3,800. "Should ETH fail to maintain this support, a decline to $2,400 or even $1,700 is possible," he noted, suggesting a potential 46.4% drop from current prices.
Ethereum's challenges are further intensified by significant outflows from spot exchange-traded funds (ETFs), which have heightened institutional caution. According to SoSoValue, Ethereum ETFs saw $136 million in outflows just on Monday, with BlackRock's ETHA accounting for $82 million of that, as reported by FXStreet.
While total net inflows for U.S.-listed ETH ETFs have reached $14.23 billion, the recent trend points to declining interest from both large institutions and individual investors. Retail sentiment has also weakened, with futures open interest (OI) falling to $44.72 billion from a high of $63 billion in October. This reduction indicates that traders are closing long positions and increasingly betting against ETH, adding to the selling pressure.Wider market dynamics are also weighing on prices. The Federal Reserve's recent suggestion that further rate cuts may be postponed has unsettled investors, according to TradingView.
Ongoing speculation—such as rumors involving Wintermute—has further fueled negative sentiment. In addition, spotTechnical analysis continues to indicate a bearish trend. Ethereum's daily chart reveals a negative MACD, and the OI-weighted funding rate remains low at 0.0038%, showing little bullish momentum. Experts warn that unless a major catalyst—such as regulatory progress or increased adoption—emerges, Ethereum may continue to face downward pressure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum News Update: Individual Investors Accumulate ETH Despite Institutional Withdrawals and Market Turmoil
- Ethereum (ETH) dropped below $3,400 on November 4, triggering $1.1B in liquidations and erasing 2025 gains. - Whale activity included a $24.48M short-covering move and $386M ETH transfer, signaling potential market bottom. - Bitcoin neared $100,000 as ETH/RSI hit oversold levels, while retail traders defied institutional exits to accumulate ETH. - Macroeconomic pressures and leveraged position unwinds drove the selloff, though some analysts highlight dip-buying opportunities.
XRP News Today: XRP's Strategic Phases: Functionality, Confidence, and Market Flow Propel Institutional Integration
- Ripple's Monica Long outlined XRP's strategic focus on institutional integration, technical innovation, and expanding DeFi use cases via a new lending protocol. - The XRP Ledger's asset-backed lending framework aims to attract institutional investors while RLUSD stablecoin enables instant cross-border aid payments. - India's Madras High Court recognized XRP as legal property, aligning with global trends and enhancing institutional trust in digital asset ownership rights. - Global firms hold $11B in XRP a
Compliance and artificial intelligence propel NewFire's Bitfire to the forefront of digital asset innovation
- NewFire launches Bitfire, a digital asset platform integrating compliance, AI, and blockchain to address global market demands. - Competitors like Utoch (MSB registration) and Poain (AI-driven risk models) highlight rising industry focus on regulatory alignment and intelligent automation. - Market forecasts project $6.1B in compliance-AI opportunities by 2025, while Hong Kong's bond slump underscores macroeconomic challenges for digital asset platforms. - Bitfire aims to leverage AI for dynamic asset all
GIGGLE's Rapid Ascent Sparks Discussion While Giggle Academy Denies Any Association
- GIGGLE, a BNB Chain memecoin, surged to $130M market cap before crashing, sparking debates over its legitimacy amid Giggle Academy's disclaimers. - Binance pledged to donate 50% of GIGGLE trading fees to Giggle Academy's charity, raising concerns about exchange influence on token valuations. - Analysts warn memecoins' extreme volatility risks retail investors, while regulators scrutinize compliance with securities laws following SEC's memecoin crackdown. - The token's trajectory mirrors Dogecoin's, highl
