Why is ethereum down today? what's next for eth price in 202
CodrinBA
Updated at: 7 hours ago
{"content":"Why is ethereum down today? what's next for eth price in 2025?
Ethereum (ETH) is facing another red day, currently trading lower due to over $320 million in long liquidations, triggered by a rapid market-wide sell-off. According to CoinDesk, leveraged positions were wiped out across multiple platforms, intensifying the price dip.
But it’s not just liquidations. Additional downward pressure is coming from ETF outflows, lower on-chain activity, and a notable drop in gas fees — all signs that retail user engagement is weakening in the short term.
Still, there’s long-term optimism. Despite the recent pullback, institutional wallets continue to accumulate ETH, reflecting deeper confidence in Ethereum's fundamental value and future role in Web3 infrastructure.
Analysts predict short-term volatility will persist, especially with macroeconomic uncertainty and speculation surrounding upcoming Ethereum ETF approvals. However, Layer‑2 scaling solutions like Optimism and Arbitrum continue to expand, and ETH staking demand remains strong — both bullish signals for the long haul.
So, what’s next?
If support holds around the $3,800–$4,000 range, ETH could bounce back quickly. But if selling pressure continues, a dip toward $3,400 isn't out of the question. Either way, Ethereum’s strong fundamentals, growing developer ecosystem, and institutional backing make it a coin to watch in 2025.
📈 Track Ethereum’s real-time price and market performance here:
https://www.binance.com/en/price/ethereum","images":[],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}