ETH Collapses?! You Won’t Believe What Happens Next 🤯

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Ethereum (ETH – $1,560, 24h volatility: 1.8%, Market cap: $188.24 B, Vol. 24h: $20.92 B) recently decided it was time to audition for a tragicomedy, dropping a swift $62 billion in market cap within just 15 days. Because who doesn’t love losing billions on a Tuesday? The ETH/BTC ratio has apparently forgotten how to be optimistic, tumbling by 77% since December 2021 — placing it in a less-than-enviable position against Bitcoin (BTC – $82,195, 24h volatility: 0.5%, Market cap: $1.63 T, Vol. 24h: $46.05 B). 🤷‍♂️

But fear not, dear readers. There’s a merry band of analysts who believe that everyone being in the dumps might actually mean a stellar comeback is just around the corner. Santiment, a market intelligence platform, insists that when everyone’s gloomier than a Monday morning, prices have a habit of sneaking in the opposite direction. 😏

📊 Ethereum has been the source of humor for many top cap crypto traders, with the $ETH / $BTC ratio now down a massive -77% since December, 2021. But should its long-term slump make it an automatic write-off by now? Absolutely not. Read our deep dive. 👇

— Santiment (@santimentfeed) April 11, 2025

Naturally, Santiment also blames Ethereum’s sluggish performance on a five-course platter of issues: cutthroat competition from surging Layer-2 solutions, developers who enjoy delays the way kids love candy, high fees that make your wallet weep, confusing narratives (because who doesn’t love a good identity crisis?), and of course, those fun regulatory folks. 😬

If that weren’t enough drama, Standard Chartered recently decided to stir the pot by declaring that XRP ($2.01, 24h volatility: 1.0%, Market cap: $117.16 B, Vol. 24h: $3.61 B) might exceed Ethereum’s market cap by the end of this year. A year ago, such a claim would have been met with laughter so hearty, it’d qualify for an ab workout. 😲

Meanwhile, Ethereum OGs have been offloading their tokens like they’re last season’s shoes. One particular person parted ways with nearly 8,000 ETH (worth $11.8 million), presumably to pay for coffee. They had been silent for three years, and then suddenly, ka-ching!

Another #Ethereum OG starts dumping $ETH after 3 years of dormancy!

He has sold 7,974 $ETH($11.8M) at $1,479 over the past 2 hours and still holds 30,606 $ETH ($45.7M).

— Lookonchain (@lookonchain) April 10, 2025

Ethereum (ETH) Price Outlook

As of this precise moment, Ether trades around $1,549, and apparently decided it needed a 4% nap in the past 24 hours. Not too long ago, it even channeled its inner daredevil by hitting a two-year low of $1,385. Go big or go home, right?

On the daily chart, the RSI sits around 36, basically waving a sign saying “Oversold, please give me a cookie.” This often hints at a rebound lying in wait, though we’d recommend some confetti just in case. 💃

Ethereum price RSI, Bollinger Bands indicators | Source: Trading View

Bollinger Bands reveal ETH chilling near the lower band, as if it’s on a permanent vacation. Should the price muster the energy to cross the middle band (20-day SMA) around $1,800, the trend reversal squad might finally show up to the party. 🍾

Meanwhile, the MACD remains gloomily in the bearish zone; the signal line is perched above the MACD line, with red bars gracing the histogram. Buyers have heroically arrived near $1,450 this April, turning that level into a short-term support zone deserving of its very own holiday. 🎉

Ethereum price MACD indicator | Source: Trading View

Crypto analyst Ali Martinez points out that ETH is creeping toward a support zone historically linked to market bottoms — and presumably, emotional meltdowns too. This could mean a fabulous buying opportunity, or at least a good story to tell your grandchildren. Should Ethereum hold these levels, don’t be shocked if confetti cannons (and a relief rally) start firing. 🎆

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2025-04-11 16:41