{"id":20617,"date":"2025-04-04T13:32:22","date_gmt":"2025-04-04T13:32:22","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20617"},"modified":"2025-04-04T13:32:22","modified_gmt":"2025-04-04T13:32:22","slug":"ethereum-eth-is-a-gift-at-these-prices-popular-trader-increases-exposure","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20617","title":{"rendered":"Ethereum (ETH) Is a \u2018Gift\u2019 at These Prices: Popular Trader Increases Exposure"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">One well-known trader sees Ethereum\u2019s dip to around $1,800 as a buying opportunity, while market fear echoes Warren Buffett\u2019s advice to be greedy when others are fearful.<\/span><\/li>\n<li>Despite optimism, Ethereum faces strong headwinds, which might result in a further price collapse in the near future.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/ETH_CB-2.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-390884\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/ETH_CB-2.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/ETH_CB-2.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/ETH_CB-2-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/ETH_CB-2-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/ETH_CB-2-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/ETH_CB-2-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Good Time to Buy?<\/h2>\n<p><span data-preserver-spaces=\"true\">Ethereum (ETH) has been experiencing a severe downturn in recent months, with its price dropping by over 20% on a 30-day scale. However, some industry participants remain unfazed by the pullback, viewing it as a perfect buying opportunity.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The X user Doctor Profit <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/DrProfitCrypto\/status\/1908073332127277188\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">told<\/span><\/a><span data-preserver-spaces=\"true\"> his almost 400,000 followers on X that he increased his exposure to the asset when it was trading at $1,800. He even called the current conditions \u201ca gift for the long term.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The trader revealed <\/span><span data-preserver-spaces=\"true\">using<\/span><span data-preserver-spaces=\"true\"> 10% of his available cash for the purchase and putting aside the remaining 90% \u201cto add more in the coming days.\u201d<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cI buy once the streets <\/span><span data-preserver-spaces=\"true\">are filled<\/span><span data-preserver-spaces=\"true\"> with <\/span><span data-preserver-spaces=\"true\">blood,<\/span><span data-preserver-spaces=\"true\"> now is a good time,\u201d he stated.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">It might seem scary, but some renowned investors have actually recommended such actions in times of fear. The famous billionaire Warren Buffett once said, \u201cBe fearful when others are greedy and greedy when others are fearful.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Shortly after disclosing his ETH purchase, Doctor Profit <a href=\"https:\/\/x.com\/DrProfitCrypto\/status\/1908075114257674575\" data-wpel-link=\"external\" target=\"_blank\">claimed<\/a> that the <\/span><span data-preserver-spaces=\"true\">price of the cryptocurrency is sitting<\/span><span data-preserver-spaces=\"true\"> at a historical support of around $1,800.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cThe same support I <\/span><span data-preserver-spaces=\"true\">have<\/span><span data-preserver-spaces=\"true\"> mentioned several months ago, now we dumped to this area! With this massive correction and <\/span><span data-preserver-spaces=\"true\">fear<\/span><span data-preserver-spaces=\"true\"> we are perfectly sitting at this support! Undervalued now,\u201d he argued.<\/span><\/p>\n<\/blockquote>\n<h2><span data-preserver-spaces=\"true\">How About a Deeper Correction?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">It is important to note that a few hours after the <\/span><span data-preserver-spaces=\"true\">aforementioned post<\/span><span data-preserver-spaces=\"true\">, ETH dipped below the depicted level and currently trades at around $1,770. <\/span><span data-preserver-spaces=\"true\">For its part,<\/span><span data-preserver-spaces=\"true\"> the entire cryptocurrency market experienced another retreat following <\/span><span data-preserver-spaces=\"true\">China\u2019s reaction<\/span><span data-preserver-spaces=\"true\"> to Donald Trump\u2019s latest trade tariffs.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Full-scale tariff war?<\/p>\n<p>China hits ALL U.S. imports with 34% tariffs.<\/p>\n<p>Nasdaq 100 futures nosedive 600+ points. Crypto felt it too. <a href=\"https:\/\/t.co\/l9eDJffZlu\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/l9eDJffZlu<\/a><\/p>\n<p>\u2014 CryptoPotato Official (@Crypto_Potato) <a href=\"https:\/\/twitter.com\/Crypto_Potato\/status\/1908107373106876786?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">April 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Several other factors, such as ETH\u2019s exchange netflow, suggest that the cryptocurrency might continue to bleed in the short term. According to CryptoQuant data, inflows have <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptoquant.com\/asset\/eth\/chart\/exchange-flows\/exchange-netflow-total?exchange=spot_exchange&amp;window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=column\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">surpassed<\/span><\/a><span data-preserver-spaces=\"true\"> outflows over the past week, signaling that investors are moving from self-custody to centralized platforms, <\/span><span data-preserver-spaces=\"true\">thereby<\/span><span data-preserver-spaces=\"true\"> increasing immediate selling pressure.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The analytics firm recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/heres-why-ethereum-eth-continues-to-bleed-according-to-cryptoquant\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">estimated<\/span><\/a><span data-preserver-spaces=\"true\"> that the diminished network activity is one of the <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> reasons why<\/span><span data-preserver-spaces=\"true\"> ETH has been disappointing. This decline, combined with the plummeting average fees per transaction and <\/span><span data-preserver-spaces=\"true\">per<\/span><span data-preserver-spaces=\"true\"> block, has pushed Ethereum\u2019s burn rate to its lowest level since the <\/span><span data-preserver-spaces=\"true\">Merge<\/span><span data-preserver-spaces=\"true\"> (September 2022). CryptoQuant estimated that since the Dencun upgrade last year, more ETH has <\/span><span data-preserver-spaces=\"true\">been minted<\/span><span data-preserver-spaces=\"true\"> than burned, which explains the slump.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The retreat of the whales is another worrying element that indicates more pain for the bulls. The renowned analyst Ali Martinez <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ethereum-whale-activity-plummets-as-large-transactions-drop-63-8-since-late-february\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\"> that the number of large ETH transactions tanked by almost 64% from February 25 to March 31, signaling a substantial drop in whale activity. <\/span><span data-preserver-spaces=\"true\">Additionally,<\/span><span data-preserver-spaces=\"true\"> large investors <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/ali_charts\/status\/1907327387861426375\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">offloaded<\/span><\/a><span data-preserver-spaces=\"true\"> 760,000 ETH (worth over $1.3 billion) in the past two weeks alone.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Such sell-offs increase the circulating supply of the asset and could negatively impact its price (assuming demand doesn\u2019t react accordingly). In addition, the whales\u2019 actions may spread panic across the space, with smaller players following suit.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-eth-is-a-gift-at-these-prices-popular-trader-increases-exposure\/\" rel=\"nofollow\">Ethereum (ETH) Is a \u2018Gift\u2019 at These Prices: Popular Trader Increases Exposure<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR One well-known trader sees Ethereum\u2019s dip to around $1,800 as a buying opportunity, while market fear echoes Warren Buffett\u2019s advice to be greedy when others are fearful. Despite optimism, Ethereum faces strong headwinds, which might result in a further price collapse in the near future. Good Time to Buy? Ethereum (ETH) has been experiencing [&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-20617","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\/20617","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=20617"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20617\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}