Ethereum: Price Challenges Continue, No Altseason Yet
Ethereum, the second-biggest cryptocurrency, is having a tough time lately. Even though it’s in a strong position in the crypto market, Ethereum’s price isn’t going up like we’d expect. This has investors wondering if an “altseason” is coming. An altseason is when other cryptocurrencies get more valuable. Let’s find out what’s happening with Ethereum’s price and if an altseason is on the way.
Ethereum’s Price Right Now
As of early 2025, Ethereum’s price has been going down. It started at $4,100 and now it’s around $2,800[3]. This is partly because of the overall market and more Ethereum being made. In the last month, there are 66,350 more ETH tokens, which is about $138 million at today’s price[4]. This increase in supply, along with more ETH on exchanges, is making people feel bearish, so Ethereum can’t go up easily[4].
What Technical Analysis and Market Feelings Say
Technical analysis shows that Ethereum’s price isn’t strong. It’s below its moving averages, and there’s less interest in ETH/USDT perpetual contracts[3]. The funding rate is negative, which means people think the price will go down[3]. But some analysts think that now might be a good time to buy Ethereum, especially for people who want to keep it for a long time. In the past, when many holders were underwater, it usually meant the price would go up again soon[4].
Can Ethereum Grow and Start an Altseason?
Even though Ethereum is having a hard time now, there are things that could help it grow in the future. Layer-2 solutions like rollups are making Ethereum faster and cheaper to use, which could bring in more users[1]. Ethereum is also the main platform for decentralized finance (DeFi) and non-fungible tokens (NFTs), which could make people want ETH more[1]. But other platforms like Solana and Cardano could also be a risk[1].
An altseason happens when the market and investors feel good about other cryptocurrencies. For Ethereum to start an altseason, it needs to overcome its current challenges and get more support[4].
What’s Next for Ethereum?
In short, Ethereum’s price is still having trouble because of supply and market feelings. There are things that could help it grow, like Layer-2 solutions and DeFi, but the future looks challenging right now. For Ethereum to start an altseason, it needs to get through these challenges and get more support. Since the crypto market changes a lot, it’s important for investors to stay informed about what’s happening and be careful before making any decisions.
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