But whEthereum Price Historyer you should sell ethereum depends on your investment horizon, risk appetite and financial goals. As with all investments, the value of ethereum can rise as well as fall. While it is unlikely that ethereum will suffer a complete loss of value, investors must be prepared to suffer drawdowns of between 50% and 80%. We recommend small allocations and diversification of your portfolio. Your exposure to ethereum needs to be appropriately sized so that you can survive 50% to 80% drawdowns. Drawdowns provide good entry levels for exposure, but we would not go max long in an environment of rising central bank rates and falling global growth momentum.

registered office

EToro is one of the world’s leading https://www.tokenexus.com/ brokers, with over 30 million registered users. February, 2021, almost two months after official announcements were made, Ether futures went live on the Chicago Mercantile Exchange which is the largest derivative exchange in the world. Additionally, it can also increase revenue through cost cutting and in the long term help with the creation of new business models, services and products. The first phase was severely delayed, so many Ethereum price predictions believe we won’t see the full benefits of the complete upgrade for a while.

Ethereum live price chart

We analyse various on-chain/flow metrics for ethereum, which are neutral. Overall, we are neutral to bearish on ETH in the short term. Therefore, if you have a two-to-four-week horizon, now may not be a good time to buy ethereum.


From what appeared to be a dark underworld of mysterious people behind their laptops, to a global phenomenon sweeping big banks, both cryptocurrency and Ethereum have come a long way. While certainly the entire world has heard about Bitcoin at this point in time, the original and leading cryptocurrency, Ethereum has remained in an extremely close second place as the rival. Perhaps you need to know more and investigate further into the query, “what is Ethereum and how does it work?”. As we are covering more of the most popular cryptocurrency topics, see if Ethereum is suitable for your trading style.

Everything you need to know about Ethereum

That same year, Ethereum split into two parts, Ethereum Classic and Ethereum, after a controversial hard fork caused by an attack on DAO. Like any other cryptocurrency, Ethers can be stored in different crypto wallets. You can choose between a third-party wallet or a wallet provided by an exchange. Although they may grant easy access to your funds and speed up the trading process, that can be risky as various exchanges sometimes get hacked. You are able to trade ether every hour of the day since there are no opening and closing hours like on stock exchanges.

Ethereum price action and derivatives data confirm bears are currently in control – Cointelegraph

Ethereum price action and derivatives data confirm bears are currently in control.

Posted: Tue, 07 Mar 2023 08:00:00 GMT [source]

After all, the ethereum and NASDAQ correlation was around 80% until recently. Crypto markets almost looked like they had partial immunity from the tech sell-off and growing risk aversion. The relative bullishness in mid-January was simply the calm before the macro storm resumed. Ethereum is down almost 70% since its November high of $4,891 ($1,500 is the current ETH price, as the above chart shows). Longer term, we think the Fed is not done with an aggressive hiking cycle, and recession risks are increasing. If the correlation returns, this means macro will again weigh on crypto.