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Ethereum Price ‘Between Heaven And Hell’: $2,000 Level Retest Key For ETH’s Next Move

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Ethereum Price ‘Between Heaven And Hell’: $2,000 Level Retest Key For ETH’s Next Move - NewsBTC

Quick Summary:

As Ethereum retested the barrier "between heaven and hell,” some market watchers pointed out that ETH’s recent performance resembles its 2018 and 2022 price action.

Related Reading: Polkadot Price Crisis: Further Losses Incoming After DOT Falls Under $4.8 The cryptocurrency saw small price rallies in the first six months of both years but continued the downtrend.ETH has declined 36.4% year-to-date (YTD), showing a similar performance to the mentioned years.

According to the pseudonym trader 5.0 Inverted, the king of altcoins is "following 2018 and 2022 bear market price action.” The chart shows that ETH steadily declined throughout those years, retracing 82,71% and 68.29% in 2018 and 2022, respectively.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 09:30:05 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 73 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26677451

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

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Publisher ID: #102

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