Experts suggest that Ethereum could start a new upward trend if it returns to $2,200. Analysts highlight the importance of this threshold for the market's future development.
Analysis and Forecasts
After a 51% fall from its peak of $4,100 in December 2024, many experts believe that without passing the $2,200 level, a strong recovery for Ethereum is unlikely. Popular analyst Rekt Capital emphasizes that reclaiming the range of $2,196 to $3,900 will be decisive for the market.
Role of Large and Small Investors
According to Nicolai Sondergaard from the analysis firm Nansen, despite the price drop, large investors continue to accumulate ETH. Whales holding between 10,000 to 100,000 ETH have increased their holdings in March, while smaller investors exerted selling pressure.
Record Open Positions
The number of open positions in ETH reached record levels in March, reflecting investor expectations for a quick rise above $2,200. Analysis by VanEck shows that investors remain optimistic in the long term despite short-term risks.
The situation in the Ethereum market remains dynamic and largely depends on macroeconomic conditions. Investors continue to monitor developments, expecting potential growth in the coming months.
