Ethereum is bleeding, and8 the entire crypto community is feeling it. Whales are dumping their holdings, liquidations are surging, and investor fear is spreading fast. But the big question remains: why is Ethereum falling, and can it recover from this crash?
Ethereum Price Crash Today: What’s Going On with $ETH?
The price of Ethereum dropped sharply in the last 24 hours, falling by over 14.5%. According to CoinMarketCap, ETH touched a low of $1,544.76, making it one of the biggest losers in the market right now. But what’s causing this sudden nosedive?
Top Reasons Why Ethereum Is Falling and Whether It Will Bounce Back
1. Whales Are Offloading Their Bags
Crypto expert Ali Martinez revealed that wallets holding more than 10,000 ETH have dropped from 999 in February to 896 now — a 10% decline. That means big investors are exiting their positions.
In fact, one major whale got liquidated after ETH fell to $1,650, reportedly losing around $106 million. This kind of massive sell-off adds more pressure and fear to the market.
2. The “7 Siblings” Group Is Deep in the Red
Data from Lookonchain shows that a wallet group known as the “7 Siblings” has spent over $229 million since February to buy more than 100,000 ETH, mostly at around $1,700. But with ETH prices now much lower, they’re looking at paper losses of around $64 million.
Meanwhile, another large investor sold 14,014 ETH worth over $22 million in just three hours. When even whales start to cut their losses, retail investors usually follow quickly.
3. Tariff Fears Add Fuel to the Fire
Adding to the uncertainty, recent reports about Donald Trump’s plans to reintroduce strong tariffs shook both traditional markets and crypto. The U.S. stock market dipped, Bitcoin dropped below $78,000, and the overall crypto market lost about 8% — dragging Ethereum down with it.
4. Trading Volume Spikes — But It’s Not a Good Sign
Ethereum’s trading volume shot up by over 327%, reaching $27 billion in a single day. That sounds impressive, but it mostly signals panic selling. When volume rises like this during a crash, it usually means people are trying to exit fast.
Technical Analysis: What Are the Charts Saying About ETH?
According to TradingView, Ethereum’s RSI (Relative Strength Index) is currently at 27 — firmly in the “oversold” zone. This suggests there could be a short-term bounce, but it’s far from a recovery signal.
The MACD is showing a bearish crossover, which indicates strong downward4 momentum is still in play. If ETH fails to hold its current support at $1,500, the next target could be $1,350. On the flip side, resistance is expected around $1,750–$1,800, but breaking through won’t be easy with current market sentiment.
Will Ethereum Recover — Or Drop Further?
Ethereum is in a critical zone. If it breaks below $1,500, a deeper slide toward $1,350 or even lower becomes more likely. The technical indicators suggest the market is oversold, but the bearish trend hasn’t ended yet.
This could either be the final shakeout before a recovery or the beginning of a more painful dip. The next few days are crucial.
Final Thoughts: Ethereum Is Down, But Not Out
Ethereum’s fundamentals remain strong, even if the price action looks scary right now. I’ve followed the crypto market for years, and these moments of fear often turn out to be opportunities for long-term investors.
Yes, $ETH is going through a storm — but storms pass. Smart investors know how to weather them.
What’s your take on Ethereum’s crash? Do you see a recovery coming, or are we in for more pain? Let’s talk about it.
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