Ethher (ETH) is testing the levels not seen since November 2023, since the market continues to be affected by the volatility resulting from the threat of commercial war of US President Donald Trump.
ETH fell 15% in the last 24 hours, according to the data of the Coendesk indices, dragging the Coindeesk 20, a measure of the largest digital assets, which has dropped 16%.
Ether’s decline in the last three months has been promoted by the feeling of bearish investors, reflected in their low performance in relation to BTC and Weak institutional demandTogether with winds against winds against the commercial war, inflation concerns and the weakness of the stock market, which have damping the appetite of risk.
Caramel data shows that almost $ 165 million have been liquidated in long ETH positions in the last 12 hours.
Polymket traigators are giving a 76% probability of reaching $ 1900 by the end of the month.
The ETF Ether output flow was deep in the red last week, according to Sosovalue data, reaching -$ 335 million.
