ETHEREUM price performance was disappointing in the last weeks of 2024, as it struggled below the level of $ 3500. This blues flowed at the end of the year somewhat to the work of Altcoin in the first month of 2025, when it failed to build any dangerous momentum in the first 30 days of the year.
It is not surprising, that this slow -price procedure has led to the panic of many Ethereum investors, with part of the market considering selling their distinctive symbols. A famous encryption analyst on the social media platform X has advanced forward through an in -depth analysis of the ETH price in the next few months.
What does the future hold for the price of ETH?
In a post on January 31 on X, try Crypto Pundit Ali Martinez answer “Is it time to sell ethereum and move forward?” Question while breaking the last price movement and movement on the series. According to the analyst, the future looks somewhat dark for the price of ETH, as it is at risk of deep -term correction in the short term.
This is based on the MVRV ratio (moving average for 160 days), which follows the percentage between the maximum of the coin market and the investigators. It helps to evaluate whether Ethereum, in this scenario, is exaggerated. According to Martinez, the ETH price has recently decreased under MVRV (160D-MA), which has led to a 40 % correction the last time.
Source: Ali_charts/X
The possibilities of very withdrawal of prices led to a shift in investor morale, as a certain group of investors shows a level of anxiety in the market. The data from Glassnode shows that the long -term ETAREUM holders have started selling some of their coins, which enhances the possibilities of price correction.
In the event of a correction, some levels of chain price can be decisive in the long term of ETH price. This price zone ranges between $ 2,230 and $ 2,610 (He bought nearly 12 million portfolios 62.27 million Eth)Which can serve as a major support area against more decline.
From the point of view of technical price analysis, the ETH price appears to be a reverse pattern of the head and shoulder, with a major support level ranging between $ 2800 and $ 3000. According to Martinez, the ETHEREUM price can be made The playwright play in the model at 4000 dollars if this support area is installed.
Source: Ali_charts/X
While the level of $ 4000 was a large level of resistance for a period of four years, the accumulation of the last whales increases the chances of ETHEREUM price in breaking this decisive area. The latest data on the series show that wHallz bought more than 100,000 ETH (worth more than $ 340 million) in The past few days.
Martinez noted that if the price of ETHEREUM is successfully collapsing over the brand of $ 4000, he may travel to $ 6770 based on MVRV pricing teams. This would represent a gathering more than 100 % of the current price point.
Ethereum price at a glance
To this writing, the ETHEREUM price is about 3,315 dollars, which reflects more than 2 % of jumping over the past 24 hours.
The Ethereum price loses the $3,300 level on the daily timeframe | Source: ETHUSDT chart on TradingView
Distinctive image from Istock, tradingvief chart
