ETH Price Is Prinmed For Rebound As New Updates & Long-Term Investors Pitch In

Everyone at this point knows how volatile the market has become due to Trump’s new tariff plans. The new tariff plans were meant to be retaliatory measures America took to combat unauthorized immigration and narcotics. However, the overall effect of these steps heavily affected the crypto industry. The industry saw some large-scale falls in crypto prices. Every major token suffered some setbacks in prices. ETH is one such coin that faced setbacks due to current macroeconomic developments.  

However, Matrixport, a popular crypto analysis chain, says that ETH prices are optimally positioned for a rebound. Research shared by the organization shows that the blockchain is showing an RSI of an oversold condition. This is a tell-tale sign of a price recovery. Therefore, investors can rest easy at the moment.  

ETH Caveats 

ETH is showing signs of a possible price recovery. Still, the general mood of investors towards the coin is rather cautious. ETH saw a major surge in short interest since November 2024, at 500%. On top of that, interest spiked again by 40%. This can change the course of the ETH pricing and recovery.  

Such sharp spikes often suggest that investors are feeling bearish. As a result, they are betting against the coin. Meanwhile, it could also suggest a small squeeze in price, which can catapult the price further in the upcoming cycle. Therefore, this improves the chance of a pricing rebound.  

Still, these are all speculations as ETH pricing has struggled to maintain an upward trajectory. As of now, there have been no positive changes. The pricing remained stagnant after $500 million was flown into spot ETH ETFs. People assumed that the move would bring some positive traction to the whole deal. The price is still way below the all-time high of ETH, as recorded in November 2021.  

Even though the pricing is stagnant, long-term investors believe that the bear phase will pass soon enough and be replaced by a bull phase. As a result, crypto magnates are continuing their ETH acquisition spree. Investors have stated that including Pectra and Dencun updates will increase prices. Hence justifying their acquisition spree. Follow for more crypto news.