The crypto market just got hit with a storm — and ETH is right at the center of it. Whales are dumping, liquidations are piling up, and investor fear is spreading like wildfire. But beneath the panic, one question remains: Why Ethereum is Falling and will it bounce back?
The crypto market is crashing again, and $ETH is one of the hardest hit. According to CoinMarketCap, In the past 24 hours, the price dropped to $1,544.76, which is a 14.57% fall. A lot of people are scared and wondering why this is happening. Let’s break it down in a simple way.
Source: CoinMarketCap
Crypto expert Ali Martinez shared that the number of big wallets holding over 10,000 of this tokens went down from 999 in February to 896 now. That’s a 10% drop. It means some of the biggest holders are getting out of the market.
One big whale lost $106 million after their position got liquidated when the price fell to $1,650. This caused even more panic.
According to data from Lookonchain, a group called “7 Siblings” spent over $42 million recently to buy more od theis tokens at $1,700. Since February, they’ve spent nearly $229 million, buying over 100,000 tokens. But because the $ETH price dropped, they’ve already lost about $64 million on paper.
Source: Lookonchain X Account
At the same time, another whale sold 14,014 tokens, worth over $22 million, in just three hours. This shows that even big investors are scared.
When things already got shaky, comes in the news that the Former president Trump plans to impose strong tariffs. This sent shivers down the investor's spine all over. The U.S. stock market fell and so does the crypto market. Bitcoin suddenly dropped under $78,000 and the entire crypto market lost about 8%, bringing the total market cap further down to $2 trillion level.
The trading volume of this crypto recently, jumped over 327%, hitting $27 billion in just one day. But this doesn’t mean people are buying—it means lots of people are selling out of fear. High trading during a crash usually means panic.
According to the TradingView Chart:
Source: TradingView Chart
The RSI is at 27, which means Ethereum is now oversold. It might bounce a little.
The MACD (a chart indicator) Bearish crossover, showing a strong downtrend.
Support: Key level at $1,500 — a break below and we’re heading toward $1,350
Resistance: Heavy selling expected around $1,750–$1,800, but that won't be easy.
ETH is at a crucial and decisive level. If there is a break below support of $1,500, then we may see a sell-off down to $1,350 or even slightly lower. Indicators show the asset is in oversold territory, yet direct bearish momentum isn't finished. This could be a final shakeout before a rebound — or the start of a deeper crash. Watch closely.
I’ve been learning about crypto for a while now, and here’s my honest take: Ethereum is going through a rough patch, but it’s not dead. Sometimes, these scary times are when smart investors start planning their next move.
Also read: XRP News Today: Price Crashed, Will It Drop to $1 or Recover?Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.