The price of ether (ETH) has experienced a significant decline over the past few months, recently taking a turn for the worse. However, according to market intelligence firm IntoTheBlock, this latest dip has not led to major liquidations, which is a notable departure from previous downturns.ETH liquidations have remained moderate even as the cryptocurrency fell to levels not seen in over a year. The ongoing decline in high-risk loans across lending platforms has contributed to this trend, as investors adopt a risk-off approach, likely influenced by macroeconomic concerns regarding global tariff tensions.The U.S. has faced economic uncertainty following the imposition of tariffs against major trade partners, including China, Canada, and Mexico. While some analysts suggest that these tariffs could have a positive long-term effect on cryptocurrencies, including $BTC, the market has been volatile since the announcements, resulting in about $400 billion wiped off market capitalization in a single day.Currently, ETH has dropped from the $2,800 mark to approximately $1,760, struggling to maintain momentum. After failing to hold above the $2,000 support level, the second-largest cryptocurrency fell by around 13% this week and is now trading at levels last seen in 2023.There are signs that ETH buyers are looking for opportunities amidst this dip. Reports indicate that significant amounts of ETH, worth $1.8 billion, have left crypto exchanges recently, marking the highest weekly amount since December 2022. Yet, with ETH trading roughly 60% below its mid-December high of $3,990, uncertainty around the asset's ability to recover remains.Some analysts warn that further downward pressure could push ETH to levels around $1,600. The combination of these risks and Ethereum's underperformance against $BTC could keep investors cautious.As the crypto community monitors these developments, both seasoned and new investors should stay informed and be prepared for any market shifts in the volatile world of digital assets.memecoin #crypto #solana #Ethereum #ai #bitcoin #cryptocurrency⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice. via /r/Blockmandev https://ift.tt/BI9QX8h
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