Ethereum News: Ethereum Faces Volatility as It Retests 5-Year Trendline

Ethereum, one of the leading cryptocurrencies, is currently facing high volatility as it consolidates below the $2,000 mark. Here’s a closer look at the latest developments surrounding Ethereum and its potential future trajectory.

Ethereum Retesting 5-Year Trendline; Volatility High

Ethereum is currently consolidating below the $2,000 mark, trading in a narrow range between $1,800 and $1,900. market uncertainty persists, and bulls have lost control. Analysts speculate about a potential continuation of the bear trend amid macroeconomic instability, rising trade war fears, and erratic policy decisions from US President Trump. Ethereum is testing a crucial 5-year-long trendline, which has historically acted as strong support during major corrections. If Ethereum fails to hold this trendline, the market could see a deeper decline.

Ethereum hits 2025 lows on user activity and on-chain metrics

Ethereum’s user activity has dropped to 2025 lows, signaling waning demand and potential inflationary pressure. Daily active addresses and new wallet creations have hit their lowest levels in 2025, indicating reduced on-chain engagement. This decline raises concerns about Ethereum’s ability to maintain its dominance as a leading blockchain, with faster and cheaper competitors intensifying the challenge. Key network indicators are falling, further highlighting the sharp pullback in user activity.

Ethereum Price Forecast: Whales Increase Selling Pressure

Ethereum (ETH) price is down 1.5% trading just above $1,900 amid high bearish trend. Whales have distributed over 630,000 ETH since February 9, leading to a decline in Ethereum exchange reserves by 270,000 ETH in the past week. The increase in exchange reserves by over 100K ETH since the beginning of the week indicates high selling pressure. ETH could break out of its consolidation if it recovers the $2,000 level.

AIXBT Agent Tricked into Sending 55.50 ETH to Deleted Account

AI agents are becoming increasingly popular in the cryptocurrency space for streamlining trading processes. By 2030, the AI agent market is projected to grow into a $47B industry. However, safety is a concern as demonstrated by a recent incident where an AI agent was tricked into sending 55.50 ETH to a now-deleted account.