Ethereum is under bearish pressure, with analysts highlighting $1,440 as a critical support level if the downturn continues. Although the lowest ETH has dropped recently is $1,743, market signals suggest increasing sell pressure that could test lower levels.
Ethereum Price Holds Above $1,500 – But For How Long?
Ethereum’s Market Value to Realized Value (MVRV) pricing bands highlight $1,440 as a key support level, though ETH has not yet tested it.
Ali Martinez reports that ETH’s Realized Price sits at $2,060, meaning that $1,440 could become a critical level if the market weakens further.
Based on the MVRV Pricing Bands, #Ethereum $ETH is testing key levels. If the Realized Price at $2,060 fails to hold, the next major support sits around $1,440! pic.twitter.com/t1uyvljDoT
— Ali (@ali_charts) March 11, 2025
Based on the MVRV Pricing Bands, #Ethereum $ETH is testing key levels. If the Realized Price at $2,060 fails to hold, the next major support sits around $1,440! pic.twitter.com/t1uyvljDoT
— Ali (@ali_charts) March 11, 2025
Lunar Eclipse Speculation & Market Volatility
Some analysts suggest that the upcoming Blood Moon Lunar Eclipse could influence market sentiment.
Historical lunar cycles have coincided with price swings in the past, leading to speculation about whether this event could trigger a bullish reversal or another selloff.
Amber Group’s ETH Transfers Raise Concerns
Adding to market uncertainty, Amber Group recently transferred 20,000 ETH (~$37.34M) to Binance, OKX, and Gate.io.
Large ETH transfers to exchanges often indicate potential sell-offs, though it remains unclear whether these funds are for liquidity provision or actual selling.
Amber Group deposited 20,000 $ETH($37.34M) to #Binance, #OKX and #Gateio ~40 mins ago.https://t.co/GMZTZP3SjZ pic.twitter.com/CzUOZj9CrF
— Lookonchain (@lookonchain) March 11, 2025
Amber Group deposited 20,000 $ETH($37.34M) to #Binance, #OKX and #Gateio ~40 mins ago.https://t.co/GMZTZP3SjZ pic.twitter.com/CzUOZj9CrF
— Lookonchain (@lookonchain) March 11, 2025
Ethereum Price Action & Predictions
Despite the bearish sentiment, Ethereum has formed a bullish diamond pattern, signaling a potential breakout if momentum shifts.
If buyers step in, ETH could retest resistance levels and break higher. However, if selling pressure persists, some analysts predict a drop toward $1,250 if support levels fail.
Recent price action: ETH’s 24-hour low was $1,743, with a high of $1,961.80.
What’s Next for Ethereum?
With whale activity, technical signals, and market speculation all in play, Ethereum’s next move is uncertain. If $1,500 holds, ETH could rebound, but if bearish pressure grows, a retest of lower support levels may be on the horizon.
Where do you think Ethereum is headed next?