{"id":125137,"date":"2025-03-15T13:16:20","date_gmt":"2025-03-15T13:16:20","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125137"},"modified":"2025-03-15T13:16:20","modified_gmt":"2025-03-15T13:16:20","slug":"ether-may-fall-below-1-9k-robust-demand-zone-analysts-eye-capitulation","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125137","title":{"rendered":"Ether may fall below $1.9k \u201crobust\u201d demand zone, analysts eye capitulation"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsEther risks another decline below $1,900, which may open up a significant amount of investor demand, which may catalyze Ether\u2019s recovery from its three-month downtrend<br \/>\nEther (ETH) price fell over 52% during its three-month downtrend after it peaked above $4,100 on Dec. 16, 2024, TradingView data shows.<br \/>\nWhile another correction below $1,900 is on the horizon, this may unleash significant buying pressure, according to Juan Pellicer, senior research analyst at IntoTheBlock.<br \/>\nETH\/USD, 1-day chart. Source: Cointelegraph\/TradingView\u201cOnchain metrics reveal a robust demand zone for ETH just below $1,900,\u201d the analyst told Cointelegraph, adding:<br \/>\n\u201cHistorically, around 4.3 million ETH were bought in the $1,848\u2013$1,905 range, signaling substantial support. If ETH drops below this level, capitulation risks rise, as demand beyond this zone appears much thinner.\u201d<br \/>\nIn\/Out of the Money around price. Source: IntoTheBlockIn financial markets, capitulation refers to investors selling their positions in a panic, leading to a significant price decline and signaling an imminent market bottom before the start of the next uptrend.<br \/>\nRelated: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMC<br \/>\nEther unlikely to see more downside below $1.9k amid growing whale accumulation: analyst<br \/>\nWhile Ether may see a temporary correction below $1,900, it is unlikely to fall much lower due to the growing whale accumulation, according to Nicolai Sondergaard, research analyst at Nansen.<br \/>\n&#8220;It does seem likely that if ETH is unable to hold the $1,900 level that we&#8217;d see further downside,\u201d the analyst told Cointelegraph, adding:<br \/>\n\u201cSupposedly whales have been accumulating, and WLFI also holds substantial amounts of ETH, and regardless, price action has not been favorable.\u201d<br \/>\nThis behavior was also seen in recent options data where larger players\/institutions were positioning themselves for moves in either direction, which shows how uncertain the market is about where ETH is going,\u201d added the analyst.<br \/>\nRelated: FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund\u2019s collapse<br \/>\nWhale addresses count on Ethereum started staging a recovery since the beginning of 2025.<br \/>\nEthereum: Whale Address Count [Balance &gt;1k ETH]. Source: GlassnodeWhale addresses with at least 1,000 ETH or $1.92 million, rose over 4% year-to-date, from 4,652 addresses on Jan. 1 to over 4,843 addresses on March 14, Glassnode data shows.<br \/>\nMagazine: Vitalik on AI apocalypse, LA Times both-sides KKK, LLM grooming: AI Eye<a href=\"https:\/\/cointelegraph.com\/news\/ether-fall-below-1-9k-robust-demand-zone-analysts-capitulation?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsEther risks another decline below $1,900, which may open up a significant amount of investor demand, which may catalyze Ether\u2019s recovery from its three-month downtrend Ether (ETH) price&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125137"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125137"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125137\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125137"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}