Ethereum’s April Price Plunge: How Low Can ETH Go Amid Market Turmoil?

As Ethereum’s price continues its downward spiral, investors are left questioning how much further the asset could fall in April. With a sharp 8.13% drop in a single day, closing at around $1,547, the cryptocurrency’s charts paint a grim picture of accelerating declines and heightened vulnerability.

How Low Can Ethereum Price Go in April? Crash Fears Grip Crypto Investors

A close analysis of Ethereum’s daily and hourly charts offers insight into just how vulnerable the asset has become. Ethereum’s daily chart reveals a steep downtrend that’s accelerating, with the Heikin Ashi candles printing long-bodied red bars, and ETH price closing the most recent session at around $1,547, down 8.13% in a single day. This move followed several consecutive losing days, confirming not just a correction but a deeper breakdown.

Ethereum Price on Radar as Dormant ETH Whales Sell on Rise

After crashing to $1,400 on Black Monday, Ethereum’s price has bounced back and is currently trading at $1,594, up 3.2% at press time. Investors are closely monitoring Ethereum’s price movements, which have seen a more than 50% drop in the first three months of 2025. Recently, dormant Ethereum whales have become active and are offloading their holdings in significant numbers. One whale, who had been dormant for seven years, deposited 2,000 ETH.

Did Eric Trump Crypto Post Kill ETH Bullrun?

Ethereum has tumbled 53% since February, and traders are blaming Eric Trump’s ill-fated "buy ETH now" tweet from earlier in 2025. The token has been in free fall, breaking the $1,500 barrier and triggering a broader altcoin meltdown. It is now sitting at $1,550. The market’s unraveling has also been influenced by Trump’s trade policies. Ethereum has plunged 13.8% over the last week, and investors are feeling the pinch. Traders and skeptics, including Peter Schiff, have poured scorn on Eric Trump’s crypto post.

Altcoin Liquidity Drops After Trump’s Tariff Announcement

Kaiko Research reported that altcoin liquidity has dropped since President Trump’s tariff announcement. The top ten altcoins and ETH experienced a decrease in liquidity by 12% and 8%, respectively, indicating a more cautious stance among investors. This trend is likely due to investors taking risk off the table in response to the tariffs and moving away from altcoins. The market is currently uncertain, with China promising to fight the US on the tariff front, potentially leading to further volatility.