Ethereum (ETH) has fallen dramatically, can it bounce back by the end of March 2025?

Jakarta, Pintu News – Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has experienced a significant price drop in recent weeks. From its peak of $3,352 in early 2025, Ethereum (ETH) is now trading in the range of $1,800 to $1,900. This represents a sharp decline, with a drop of almost 47% from last year’s value.

Price Prediction Downgrade by Standard Chartered

Standard Chartered recently cut its Ethereum (ETH) price prediction for 2025 from $10,000 to just $4,000. This decrease is due to the influence of Layer-2 networks such as Base, which is said to have drained $50 billion from the market value of Ethereum (ETH). Analyst Geoff Kendrick of Standard Chartered stated that Base’s dominance in the industry will continue to affect the value of Ethereum (ETH).

According to Kendrick, Ethereum (ETH) is experiencing what is referred to as a “mid-life crisis” in blockchain. He added that with the Layer-2 framework, the Ethereum (ETH) chain has become commoditized. This shows a significant change in the way the market views Ethereum (ETH).

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Technical Analysis Shows Bearish Trend

Analysts used the MACD indicator to verify and confirm the bearish sentiment of Ethereum (ETH). In addition, the price moving average shows a neutral trend and possible price consolidation. Ethereum (ETH) is currently in a descending channel, according to a crypto user named “LVelarde”.

Ethereum (ETH) continues to follow this descending channel, indicating price consolidation. The asset’s price is consolidating below its 5-day and 200-day moving averages, with traders looking for a possible rejection or breakout. Since the price fell below $2,000, sentiment has been generally bearish, with many questioning its future price trend.

Steps Ethereum Can Take to Overcome the Decline

There are several steps Ethereum (ETH) can take to overcome its decline. First, Ethereum (ETH) can leverage its dominance in security in the context of real-world asset tokenization (RWA). If Ethereum (ETH) focuses on security, it can maintain a market share of 80%.

Second, Ethereum (ETH) could tax its Layer-2s, although this is highly unlikely. Kendrick predicts that Ethereum (ETH) will continue to experience subpar performance in the short term.

Conclusion

With the challenges it faces, the future of Ethereum (ETH) seems to be full of uncertainties. However, with the right strategy and adjustments to its operations, Ethereum (ETH) still has the potential to recover and return to its position of glory in the crypto market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Ethereum to $4000? Standard Chartered Lowers Expectations. Accessed on March 20, 2025
• Featured Image: Crypto News Australia