ETHER (ETH) has been testing the levels not seen since November 2023, while the market continues to be hit by volatility resulting from the business threat of American President Donald Trump.
The ETH is down 15% in the last 24 hours, according to Coindesk indices, dragging the Coindesk 20, a measure of the largest digital assets, which is down 16%.
Ether’s decline in the past three months has been fired by the feeling of a lower investor, reflected in his underperformance compared to the BTC and Low institutional demandAlongside the opposite macro-sales such as trade war fears, inflation problems and stock market weakness, which have attenuated risk appetites.
Coinglass data show that nearly $ 165 million in long -standing positions have been liquidated in the last 12 hours.
The bettors on Polymarket give 76% chance of reaching $ 1900 by the end of the month.
Ether’s ETF flow was deep in the red last week, according to Sosovalue data, to come to $ 335 million.
