The ether price dropped by 20% for three days and nearly $ 2,300, the lowest level of $ 2,255. Since Ether has not been traded at this level since October 2024, this decreased Shook Market sentiment. However, the ETH derivative market shows an initial sign of recovery and robbery, which suggests a potential rebound at $ 2,800.
Etter 30 days gift premium, annual. Source: LAevitas.ch
The 30 -day ETH futures are now trading at 7% premium in the field market, which has slightly rose from 6% two days ago. Insurance premiums between 5% and 10% are considered neutral, and merchants generally expect higher returns during longer settlement. This change has a weak pressure of less than $ 2,600, which can increase confidence among optimistic investors.
Weak macroeconomic conditions suppress the recovery of ETH prices.
The journey that ETH hits $ 2,800 can take several weeks or months, but data is likely to be the lowest price in the past. Nevertheless, recovery speed depends on investorism, and the US unemployment and inflation levels have raised concerns.
The US unemployment claim for the state, which ends on February 22, has reached a seasonally adjusted 242,000, the highest in three months. In addition, according to the US real estate agent association, which is holding home sales in January, housing sales fell 4.6% from the previous month in January. As Yahoo Finance reported, Reuters investigated economists predicted a 1.3%small decline.
Investors are increasingly concerned about the new import tariffs announced by US President Donald Trump, and are targeted at products in China, Canada and Mexico. According to CNBC, Trump also urged the EU to promise quickly with the company on unfair trade restrictions by threatening 25%of the tariffs on the European Union income.
NVIDIA’s stock price decreased 3.3% on February 27, despite reflecting investor nerves by exceeding the quarterly import forecasts on February 27 and providing strong guidelines for the first quarter of 2025. Meanwhile, the price of gold fell 2.2% in two days, dropping to a minimum of $ 2,870, and emphasized a wide range of market problems that affect safe assets.
The ether option market indicates elasticity despite price conflict.
Etter 60-day option 25% PUT-CALL. Source: LAevitas.ch
The current ETH options are -2%, with a comfortable sitting within -6%to 6%neutral range. This suggests elasticity between whales and market manufacturers, especially since the price of ETH has fallen by 20%. Despite the decline, it does not rush to buy foot options, indicating confidence in the market.
The current market conditions were on February 3, and the price of ETH plunged 38% in three days, dropping from $ 3,437 to $ 2,124. At the time, ETH DELTA SKEW Metric was close to zero, reflecting the trust in the clear market. Ether recovered quickly to $ 2,750 in one day and maintained a level of $ 2,550 for the next two weeks.
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Solana, a rival for Ether’s $ 2,800, is decreasing in Memecoin. Ether Lee, on the other hand, maintains the dominance of the total value lock (tvL) led by the powerful demand for liquid staying, loan, yield Agrigator and automated onchain liquidity protocol.
ETH’s price recovery speed depends mainly on Etherrium, which provides an upgrade planned and encourages the project to develop its own -2 solution. This improves the utility of the basic layer and strengthens the staying reward to create a clear path for the ETH price recovery.
This article is for general information purposes and should not be considered legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.