Global markets are uneasy due to the potential prolongation of the Iran crisis, and the parties continue to deny each other. Volatility will be extremely strong next week. So, what is the latest situation in Ethereum? Why this anomaly? What did Trump achieve for the first time in history?
It’s the first time in history
We are now experiencing the largest energy supply disruption in modern history. Since the Iran War began on February 28, more than 500 million barrels of crude oil have been removed from the global market. Moreover, the Gulf countries faced a loss of millions of barrels of medium-term production capacity. TKL shared the graphic below and wrote:
“Global supply has lost ~$50 billion worth of crude oil production since the Iran War began approximately 50 days ago. This is equal to the amount of fuel needed to run the world’s international shipping industry for 4 months.
“The world has never seen anything like this.”
And yes, Trump had the opportunity to break new ground and make history once again. If the ceasefire is not extended or there is no long-term agreement by Wednesday, this supply problem may cause prices to increase in many items, including food, and push global inflation back to post-pandemic levels. Thus, the Fed can encyclopedia its years-long policy journey, which tightened without loosening for the first time in history.
Ethereum (ETH)
World trump Thanks to this, he got used to experiencing firsts, but no one was affected by this as much as cryptocurrencies. For example, US stock markets have experienced strong declines due to tariffs, but have consistently recovered. Or it was able to compensate for the sales caused by the Iran agenda. However, led by Ethereum, almost all of the altcoins were left breathless in the ongoing process.
throughout this cycle Ethereumwe have seen unusually intense selling pressure in the derivatives markets. Net taker volume, an indicator that measures the difference between bid and ask market order volumes in the order book on derivatives exchanges, has remained almost consistently negative.
By the time ETH reached its new ATH level of over $4,000 in December 2024, net buyer volume had fallen to -$511 million. We had seen -$568 million when ETH later pushed a new all-time high just below $5,000. Sellers have remained dominant for a very long time since then.
But the good news is that since March buy side volumes have finally taken control and +$102 million was recorded today. Darkfost says this is now in the wake of unusually dull markets. ETH He says it points to a return for We last saw such a picture in 2022, when BTC was pushing a thousand dollars.
“If this trend continues and buyers continue to absorb selling pressure, this could signal the early stages of a stronger structural recovery for Ethereum.” – Darkfost
