- March 17, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Standard Chartered downgrades its ETH price expectations, while one analyst compares trading Ethereum to “catching a falling knife.”
Ethereum price is more than 52% down from its December 2024 high at $4,107 and data from TradingView shows ETH (ETH) down 42% since the start of 2025.
Despite being one of the largest cryptocurrencies by market capitalization and holding the dominant spot as the leader in Web3 and DeFi, many analysts believe that ETH’s price prospects remain grim in the short term.
Crypto analyst and chartered market technician Askel Kibar warned traders against assuming that ETH price trades at a discount simply based on how far off it is from its average trading price.
