Ethereum ($ETH) price remains precarious as it trades below the critical $2,000 mark, raising fresh concerns among traders.
The altcoin briefly showed hopeful signs as it reclaimed $2K as whales came to its rescue.
However, it has dipped below and is once again trading below this level at $1991. Notably, the coin lost this level on March 10 and is now hovering at its lowest point since October 2023.
Standard Chartered recently revised its 2025 price forecast for ETH, cutting it from $10,000 to $4,000.
The move signals a more cautious outlook amid ongoing structural declines in the network.
Despite the downturn, some analysts point to whale accumulation and real-world asset (RWA) growth as signs of potential long-term resilience.
Ethereum Faces Selling Pressure as Price Holds Below $1,900
Ethereum’s prolonged weakness has fueled fears of a deeper selloff, with analysts warning that a drop below $1,850 could spark panic selling.
Research firm IntoTheBlock highlighted a c
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