The message is Ethereum really going to $ 3000? Will the Altcoin season start in H2,2025 or did it differ until 2026? First appeared on Coinpedia Fintech News
Ethereum -Price follows the star token Bitcoin, which has printed massive Bearish candles in recent days. The ETH price also fell again from $ 2800; That has changed a crucial barrier of this level. With this, the price has confirmed a correction that can go deeper if the bulls do not defend local support below $ 2400.
But why does the Ethereum price fall? Will it ever reach $ 3000 in 2025?
The cryptom markets were difficult to hit by the constant geopolitical tensions between the Middle East, Israel and Iran. The markets experienced more than a billion liquidations in the last 24 hours, which force the top smoking to activate a reverse V-shaped rejection. Currently, the ETH price has lost all the profit it has sustained in recent days and therefore it is assumed that an invalid of a bullish pattern has a negative influence on the Ethereum price rally.
As can be seen in the graph above, the ETH price is still hopeful on a strong rebound because the levels remain within a parallel channel despite the rejection. On the other hand, the price continues to act between 50 and 200 days that strive for a bullish crossover or the Golden Cross. In the meantime, the RSI gets stuck in a decreasing parallel channel, which can be an enormous care for the coming price action. It is therefore assumed that the Ethereum price is now testing the lower support of the channel near $ 2400, if the correction intensifies, followed by a strong rebound against the resistance.
Will the Altsesason be postponed after 2025?
Although the Ethereum bulls defend the price against critical support, the graph patterns have not yet confirmed the increase in relation to the Bearish trend. In the meantime, the Bitcoin -Dominance started to rise, which suggests that the liquidity flow has started again in the stertaking. The Altcoin Season Index had risen further than Bitcoin, which was speculated to activate an altical season, but the levels have fallen again and point to a BTC season.
The current market conditions are not in favor of an altar season, because the altcoins do not show a major change in the short term. This suggests that the Bitcoin price could remain at the center and therefore it is expected that the other altcoins will follow. That is why the always season cannot be activated in the short term, but with the change in the market conditions it can be expected that the rise of altcoins, provided Bitcoin -Dominance will fall under 55.