Ethereum erases its 2025 gains: Is ETH price headed to $2.2K next?
Ether could drop as low as $2,200 in the coming days, fuelled by risk-off mode among derivatives traders and a weakening technical structure.
Key takeaways:
ETH price dropped to its yearly open at $3,330 on Tuesday, wiping out more than $484.5 million on long ETH leveraged positions.
Risk-off behavior among derivatives traders weighs down Ether’s price.
