• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted

Ethereum to See Further Losses as Crypto Market Becomes “Beyond Bearish”

Cole Petersen
by Cole Petersen
4 years ago
·
Posted in Altcoin Price
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
  • Ethereum and the aggregated crypto market have been caught in the throes of a strong downtrend throughout the past 24-hours
  • This has come about due to multiple macro developments, including news about President Trump’s health as well as the government’s decision to chart the BitMEX owners
  • Despite the overt bearishness of these sellable news events, both Ethereum and Bitcoin are still sitting above their multi-week lows
  • That being said, one analyst is expecting Ethereum to see further downside in the near-term
  • He is specifically looking towards a move down to its next support levels at either $325 or $315

Ethereum and the entire cryptocurrency market are facing some immense turbulence at the moment, with sellers taking this as an advantage to bolster the sell-side pressure.

ETH’s price is currently underperforming Bitcoin’s as investors are keen on fleeing any altcoins due to the risk of them seeing heightened volatility going forward.

One analyst believes that the aggregated crypto market’s near-term trend is now firmly in bears favor.

As such, he notes that Ethereum’s price will continue diving lower before it can find enough support to slow its descent and rally higher.

Ethereum Price Dives Lower as Market Grows Weak

At the time of writing, Ethereum is trading down just under 5% at its current price of $337. This marks a notable decline from recent highs of $355 that were set just before the drop that came about following President Trump’s announcement.

Bitcoin is currently outperforming ETH, only trading down 2% at the present moment.

Despite ETH’s weakness, it is essential to note that it is still trading up from its multi-week lows of $315 set during the recent market-wide downturn.

Here’s Why ETH Could See Even Further Downside 

While sharing his thoughts on the present state of the crypto market, one analyst called it “beyond bearish.”

As such, he is expecting Ethereum to see further downside, specifically putting forth a downside target within the lower-$300 region.

“ETH update: Closed 20% of my position here. I did plan to close more, but Americans are not even awake yet and the current atmosphere is beyond bearish IMO. Protecting spot holdings as well even though I’m quite balanced already. Added earlier at 350 as well.”

Ethereum

Image Courtesy of Chase_NL. Chart via TradingView.

Where the entire market trends next will likely depend on Bitcoin, which makes its reaction to its $10,200 support crucial for Ethereum and other altcoins.

Featured image from Unsplash.
Charts from TradingView.
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Cole Petersen

Cole Petersen

Follow

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Full Profile

Related Posts

5 Best Altcoins to Buy Now as Crypto Market Stalls

5 Best Altcoins to Buy Now as Crypto Market Stalls

7 months ago
Generated by GrokAI.

Altcoins Reign Supreme as Solaxy, The Solana L2, Hits The $8M Mark

7 months ago
Analysts Predict These 5 Meme Coins to 10x by 2025

Analysts Predict These 5 Meme Coins to 10x by 2025

7 months ago
Altcoins Bitcoin Ethereum

Analyst: Golden Cross Prints, Altcoins Ready To Rip?

1 year ago
WOO Network Posts 50% Rally In Last 7 Days – Will WOO Keep Rising Next Week

WOO Network Posts 50% Rally In Last 7 Days – Will WOO Keep Rising Next Week?

2 years ago
Dogecoin and Elon, SpaceX launch

Dogecoin Crashes Back To Earth While Elon Musk Plays With Rockets

4 years ago
Please login to join discussion

Premium Sponsors

Press Releases

  • CoinEx Research August 2025 Report: August Ascension: Dual...

    42 minutes ago
  • MemeCore七日暴漲 211%引爆熱度 Snorter Bot...

    3 hours ago
  • miner

    Is Bitcoin Investment Still Profitable? Use BTC Cloud...

    3 hours ago
  • miner

    ADA’s path to long-term success: Integrating with...

    15 hours ago
  • Bitget and Bitget Wallet Support Trading of Over 100...

    17 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.