Ethereum Plunges 23% From ATH: The Recovery Countdown Begins
Ethereum's brutal 23% correction since its last peak leaves traders scrambling for answers.
The Technical Breakdown
Smart money watches key support levels as institutional players reposition portfolios. The drop mirrors classic crypto volatility patterns—nothing Ethereum hasn't weathered before.
Market Forces at Play
Regulatory whispers and macroeconomic headwinds create perfect storm conditions. Yet Ethereum's developer activity hits record highs—building through the dip while traditional finance panics over quarterly reports.
The Path Forward
Network upgrades continue deploying like clockwork, proving blockchain development operates on a different timeline than Wall Street's obsession with daily price movements. Maybe if traditional banks innovated at this pace, they wouldn't need bailouts every decade.
History shows Ethereum rebounds harder than legacy systems crash. This isn't a collapse—it's a clearance sale.
Ethereum Price Falls: Future Projections
The cryptocurrency market has been hit by sharp pangs of volatility. The market is now experiencing a series of longs being liquidated, affecting the price of both major cryptocurrencies. Bitcoin has now plunged below the $110k level, while the Ethereum price is standing at $3955.
As per the latest post by the Kobeissi Letter, ethereum has now fallen 23% since it’s earlier ATH 4 weeks ago.
But experts have also been expressing positive price projections for ETH in the future. Per Javon Marks, Ethereum is bound for a parabolic run, ultimately hitting the high of $8000 in due time.
BREAKING: Ether extends its decline to -8% on the day and its hits lowest level since August 7th.
Ether is now down -23% from its all time high seen just 4 weeks ago. pic.twitter.com/fV8neL5TbK
$ETH (Ethereum) maintains a Hidden Bullish Divergence with the MACD just under the key target level of $4,811.71.
This indication continues to point towards a recovery back above that level which then brings into play $8,500 and higher… pic.twitter.com/1IldNETi2h
When Will The Asset Price Recover: A Tentative Timeframe
According to CoinCodex ETH stats, the ethereum price is expected to stabilize by October, as ETH may hit a new price high of $4500 by mid-October 2025.
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By December 2025, the token may surge to hit the ultimate price mark of $6500.
