Amid macroeconomic uncertainties, Ether aims to regain value above $2,200.
Ether's Market Position
According to TradingView, ETH's price has dropped over 51% in three months from its December 16, 2024, peak of $4,100. Crypto analyst Rekt Capital suggests Ether needs to reclaim above $2,200 to reverse the downtrend. Global factors continue to pressure crypto markets until early April.
Investor Interest and Whale Accumulation
Ether's futures open interest has surged to new highs, indicating large traders may be positioning for a price rally. Despite positive crypto regulatory developments, Ether hasn't gained significant momentum. Nansen's Nicolai Sondergaard noted that whales holding between 10,000 and 100,000 ETH are accumulating, while smaller investors are selling.
Future Forecasts
Glassnode data shows addresses with at least $100,000 in Ethereum have risen from 70,000 to 75,000 in March 2025. VanEck analysts predict a possible $6,000 top for Ether by the end of 2025.
Despite potential short-term volatility, long-term forecasts for Ether remain positive amid increasing interest from major investors.
