{"id":15499,"date":"2025-02-28T12:48:43","date_gmt":"2025-02-28T12:48:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15499"},"modified":"2025-02-28T12:48:43","modified_gmt":"2025-02-28T12:48:43","slug":"2-reasons-why-ethereum-eth-might-rebound-after-22-weekly-crash-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15499","title":{"rendered":"2 Reasons Why Ethereum (ETH) Might Rebound After 22% Weekly Crash: Details"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li data-start=\"0\" data-end=\"159\">\n<p data-start=\"2\" data-end=\"159\">Whales accumulated 110,000 ETH during the recent dip, signaling a possible price revival.<\/p>\n<\/li>\n<li data-start=\"161\" data-end=\"338\" data-is-last-node=\"\">\n<p data-start=\"163\" data-end=\"338\" data-is-last-node=\"\">Despite the market crash, many analysts remain optimistic, with some envisioning a new ATH for ETH in the following months.<\/p>\n<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-385332\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH_CB.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH_CB-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH_CB-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH_CB-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH_CB-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Is It Finally Time for a Pump?<\/h2>\n<p><span data-preserver-spaces=\"true\">The cryptocurrency sector has <\/span><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/bitcoin-dumps-below-80k-as-trade-war-tensions-escalate\/\" data-wpel-link=\"internal\">witnessed<\/a> a severe decline<\/span><span data-preserver-spaces=\"true\"> in the past few days, with its total market capitalization plummeting below $2.8 trillion. Bitcoin (BTC) is down approximately 19% weekly, while its biggest rival, Ethereum (ETH), has charted even more substantial losses.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The price of the latter briefly tanked below $2,100. <\/span><span data-preserver-spaces=\"true\">Currently,<\/span><span data-preserver-spaces=\"true\"> it trades at around $2,150 (per CoinGecko\u2019s data), representing a 22% drop on a seven-day basis.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<figure id=\"attachment_385329\" aria-describedby=\"caption-attachment-385329\" style=\"width: 586px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH-Price-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-385329\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH-Price-1.png\" alt=\"ETH Price\" width=\"586\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH-Price-1.png 837w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH-Price-1-300x205.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH-Price-1-768x524.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/ETH-Price-1-50x34.png 50w\" sizes=\"auto, (max-width: 586px) 100vw, 586px\"><\/a><figcaption id=\"caption-attachment-385329\" class=\"wp-caption-text\">ETH Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">According to two essential elements, though, <\/span><span data-preserver-spaces=\"true\">the correction might soon be replaced by a resurgence<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> The popular X user Ali Martinez <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/ali_charts\/status\/1895157195878343145\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">revealed<\/span><\/a><span data-preserver-spaces=\"true\"> that whales had purchased 110,000 ETH during the dip. The stash equals almost $240 million (calculated at ongoing rates).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Such developments reduce the circulating supply of the asset, potentially making it more valuable in time (assuming demand doesn\u2019t head south). Additionally, the actions of the large investors might <\/span><span data-preserver-spaces=\"true\">be mimicked<\/span><span data-preserver-spaces=\"true\"> by smaller players who could inject fresh capital into the ecosystem.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ethereum\u2019s Relative Strength Index (RSI) is the second factor worth mentioning. The technical analysis tool, which measures the speed and change of price movements, has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.cryptowaves.app\/relative-strength-index\/ETH\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">plunged<\/span><\/a><span data-preserver-spaces=\"true\"> well below the bullish mark of 30.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Currently,<\/span><span data-preserver-spaces=\"true\"> it stands at approximately 22, suggesting that ETH might be oversold and due for a possible rebound.<\/span><span data-preserver-spaces=\"true\"> Conversely, readings above 70 indicate that the asset could <\/span><span data-preserver-spaces=\"true\">be poised<\/span><span data-preserver-spaces=\"true\"> for a pullback.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Price Predictions<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Despite ETH\u2019s <\/span><span data-preserver-spaces=\"true\">poor performance as of late<\/span><span data-preserver-spaces=\"true\">, numerous market observers remain optimistic that the asset could experience a bull run.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The X <\/span><span data-preserver-spaces=\"true\">user<\/span><span data-preserver-spaces=\"true\"> Captain <\/span><span data-preserver-spaces=\"true\">Faibik<\/span> <a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoFaibik\/status\/1895351098665574570\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">envisioned<\/span><\/a><span data-preserver-spaces=\"true\"> a rally to as high as $12,000 by the beginning of 2026, seeing the current conditions as a perfect buying opportunity.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Earlier this month, Crypto Beast also chipped in. They <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/cryptobeastreal\/status\/1892508258360832253\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">told<\/span><\/a><span data-preserver-spaces=\"true\"> their over 650,000 followers on X that \u201cthe next massive pump\u201d could be incoming. However, the analyst believes the bull run might only last up to six months.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cYou <\/span><span data-preserver-spaces=\"true\">have to<\/span><span data-preserver-spaces=\"true\"> pay close attention because it will only last 4 to 6 months. Bitcoin, ETH, SOL, and many alts will explode. <\/span><span data-preserver-spaces=\"true\">I will tell you exactly when to <\/span><span data-preserver-spaces=\"true\">take<\/span> <span data-preserver-spaces=\"true\">profits<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> You\u2019ll regret not following,\u201d they stated.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">It is important to note that ETH\u2019s price was well above $2,700 at the time of the prediction.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/2-reasons-why-ethereum-eth-might-rebound-after-22-weekly-crash-details\/\" rel=\"nofollow\">2 Reasons Why Ethereum (ETH) Might Rebound After 22% Weekly Crash: Details<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Whales accumulated 110,000 ETH during the recent dip, signaling a possible price revival. Despite the market crash, many analysts remain optimistic, with some envisioning a new ATH for ETH in the following months. Is It Finally Time for a Pump? The cryptocurrency sector has witnessed a severe decline in the past few days, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15499","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15499"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15499\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}