Ethereum came under renewed selling pressure this week, slipping below the critical $3,000 level and briefly touching a five-week low as a mix of geopolitical uncertainty and weakening institutional demand rattled investor confidence.<\/p>\n\n\n\n
The world\u2019s second-largest cryptocurrency fell to an intraday low of $2,872 during Asian trading hours on Thursday, marking its first dip below $2,900 in over a month. The decline followed the loss of the psychologically important $3,000 support earlier in the week.<\/p>\n\n\n\n
Market sentiment turned sharply risk-averse after U.S. President Donald Trump threatened to impose tariffs on several NATO allies amid escalating political tensions. The comments pushed investors toward traditional safe-haven assets such as gold and silver, weighing on cryptocurrencies across the board.<\/p>\n\n\n\n
Adding to the pressure, institutional demand for Ethereum has weakened noticeably. Data from SoSoValue shows that more than $500 million was withdrawn from U.S. spot Ethereum ETFs over the past two days, marking the largest outflow streak since mid-December. Historically, sustained ETF outflows have often preceded deeper pullbacks in ETH price, including an 8% weekly drop seen in December last year.<\/p>\n\n\n\n
From a technical perspective, Ethereum has now confirmed a bearish pennant pattern on the daily chart. This pattern typically forms after a sharp decline, followed by a brief period of consolidation before another potential leg lower. ETH broke below the lower trendline of the pennant, a move that many traders interpret as a signal to expect further downside.<\/p>\n\n\n\n
Ethereum has also slipped below its 50-day simple moving average near $3,084, a level that had acted as dynamic resistance in recent weeks. Meanwhile, the MACD indicator has printed a bearish crossover, reinforcing the negative momentum outlook.<\/p>\n\n\n\n
Taken together, these signals suggest Ethereum could fall as much as 17% toward the $2,500 level, which represents the next major psychological support zone and previously served as a price floor during periods of heightened volatility in mid-2025.<\/p>\n\n\n\n
That said, Ethereum showed signs of short-term stabilization after recovering back above $3,000. The bounce followed reports that President Trump would not proceed with the proposed tariffs after what he described as a \u201cvery productive meeting\u201d with NATO Secretary General Mark Rutte in Davos.<\/p>\n\n\n\n
If macro tensions continue to ease and ETH manages to hold above $3,000, the bearish outlook could weaken. A sustained move above $3,084 would invalidate the current bearish setup and potentially open the door to a broader recovery.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum came under renewed selling pressure this week, slipping below the critical $3,000 level and briefly touching a five-week low as a mix of geopolitical uncertainty and weakening institutional demand rattled investor confidence. The world\u2019s second-largest cryptocurrency fell to an intraday low of $2,872 during Asian trading hours on Thursday, marking its first dip below…<\/p>\n","protected":false},"author":3,"featured_media":13653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[1915,1984,301],"class_list":["post-13630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-crypto-risk","tag-etf-outflow","tag-ethereum"],"yoast_head":"\n