El precio de Ethereum (ETH) cae 18%: las ganancias alcanzan un mínimo de 4 meses 📉

Ethereum (ETH) has experienced an 18% drop in value over the last month, causing its gains to hit a four-month low. The decreasing price has pushed ETH below the crucial $3,000 support level, now trading at $2,640. Holders may incur more short-term losses due to selling pressure.

According to Glassnode, only 64.19% of the circulating ETH supply is in profit, the lowest since October. The decline in the percentage of supply in profit indicates increased losses and investor caution.

Open interest in ETH has also dropped by 31% since early February, signaling reduced investor confidence. If bearish trends continue, ETH's price might fall to $2,224.

However, a reversal could see the altcoin climb back up to $2,811, reverting to a bullish trend.