{"id":45252,"date":"2025-11-16T11:35:48","date_gmt":"2025-11-16T11:35:48","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/11\/16\/ethereum-price-prediction-as-eth-etfs-shed-1-2-billion\/"},"modified":"2025-11-16T11:35:48","modified_gmt":"2025-11-16T11:35:48","slug":"ethereum-price-prediction-as-eth-etfs-shed-1-2-billion","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/11\/16\/ethereum-price-prediction-as-eth-etfs-shed-1-2-billion\/","title":{"rendered":"Ethereum price prediction as ETH ETFs shed $1.2 billion"},"content":{"rendered":"
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Ethereum price remained under pressure on Sunday as sentiment in the crypto industry worsened. ETH token was trading at $3,187, down by over 36% from its all-time high, meaning that it is in a deep bear market. The coin may be about to drop further as a risky pattern nears.<\/p>\n

Ethereum price is about to form a risky pattern <\/h2>\n

The daily timeframe chart shows that the Ethereum price has remained under pressure in the past few months, moving from the all-time high of $4,950 to the current $3,185.<\/p>\n

ETH has continued to form a series of lower lows and lower highs, a sign that any attempt to rebound is funding strong resistance.<\/p>\n

The Relative Strength Index (RSI) has moved from the overbought level of 87 in July to the current 35. This crash happened as the RSI formed a double-top pattern m<\/p>\n

Meanwhile, the Average Directional Index (ADX) has jumped to 37, a sign that the ongoing downtrend is gaining momentum in the past few days.<\/p>\n

The coin has also lost key support levels like $4,100, its highest level in December last year. It also moved below the important support level at $4,000, while the 50-day and 200-day Exponential Moving Averages (EMA) are about to cross each other, forming a death cross pattern<\/a>, one of the riskiest signs in technical analysis.<\/p>\n

Therefore, the most likely Ethereum price forecast is bearish, with the next key support level to watch being at $2,877, the highest level in June this year. On the flip side, a move above the resistance at $3,500 will invalidate the bearish outlook.<\/p>\n

Ethereum price chart | Source: TradingView<\/figcaption><\/figure>\n

ETH price has numerous bearish catalysts<\/h2>\n

The potential Ethereum price crash has some notable bearish catalysts that may push it lower in the near term.<\/p>\n

First, data compiled by SoSoValue shows that American investors have continued to dump their ETH ETFs. These funds shed over $728 million assets last week, higher than the $507 million they lost in the previous week. <\/p>\n

Spot Ethereum ETFs have shed over $1.24 billion<\/a> this month, erasing the gains made in the past two consecutive weeks. The cumulative inflow has moved from almost $15 billion in the year to $13.1 billion today. They now have $20 billion in assets.<\/p>\n

Second, the Ethereum price may continue crashing because of deteriorating network activity that is likely caused by the waning participation in the market. <\/p>\n

Data shows that the number of transactions in the network dropped by 25% in the last 30 days to 45.7 million, while active addresses fell slightly to 8.19 million. Network fees plunged by 44% to 26.9 million.<\/p>\n

Third, Ethereum\u2019s futures open interest has plunged to $37.4 billion by almost $70 billion in August. One reason for this is the huge liquidation event that happened on October 11. Ethereum\u2019s funding rate has remained in a consolidation in the past few weeks.<\/p>\n

ETH futures open interest | Source: CoinGlass<\/em><\/figcaption><\/figure>\n

Therefore, the token will likely continue falling in the near term as its weak fundamentals and technicals align.<\/p>\n

The post Ethereum price prediction as ETH ETFs shed $1.2 billion<\/a> appeared first on Invezz<\/a><\/p>\n

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Ethereum price remained under pressure on Sunday as sentiment in the crypto industry worsened. ETH token was trading at $3,187, down by over 36% from its all-time high, meaning that it is in a deep bear market. The coin may be about to drop further as a risky pattern nears. Ethereum price is about to <\/p>\n","protected":false},"author":1,"featured_media":45253,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-45252","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/45252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=45252"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/45252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/45253"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=45252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=45252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=45252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}