Ethereum 
$2,423rising by 5.70% in the last three days to $2,444. However, the short-term outlook remains uncertain. Sell signals in on-chain metrics point to an Ethereum price decline that could surprise investors.
Assessing Ethereum Price Drop Possibilities
Bitcoin 
$62,198With the recent rise of , a significant recovery has been observed in the crypto market. Ethereum also followed these signals, rising by approximately 6% to $2,444. Although the demand zone between $2,252 and $2,440 is seen as a significant reversal area, the outlook remains uncertain.
Signals that ETH Investors Should Pay Attention to
There are four main signals that indicate an upcoming Ethereum price decline. First, uncertain macroeconomic policies and the Fed’s decision to lower interest rates, as well as geopolitical tensions such as the Iran-Israel war, could impact ETH. Secondly, the 365-day MVRV rate is hovering around -14%, indicating that there is no capitulation yet and further declines may be coming.
Lack of New Capital Inflows
The fact that whale transactions are in a downward trend indicates that institutions have no interest in purchasing ETH at current price levels. Additionally, an increase in the amount of ETH held on exchanges is considered a negative sign and could indicate a potential decline if the situation worsens. The lack of new capital inflow in network growth indicators shows that investors do not find current prices attractive.
Despite the short-term Bitcoin and overall rise in the crypto market, caution is warranted in Ethereum price predictions. The escalation of the Iran-Israel war could have significant impacts on stock markets and crypto markets. Historically, Ethereum prices are likely to decline as war news negatively impacts stock markets.
It is important for Ethereum investors to follow market developments closely and pay attention to the signals mentioned above. These indicators can provide important clues for measures to be taken before a potential price drop.
Considering the mentioned factors, it is recommended to be careful in the Ethereum market and prioritize risk management. Investors should consider these signals to understand market dynamics and be prepared for potential risks.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
