Market
ETH Price Stuck Below $3,000 as Exchange Balances Drop

Ethereum (ETH) price has struggled to regain momentum after losing the $3,000 threshold on February 2, remaining below that level ever since. Over the past 30 days, ETH has dropped more than 20%, reflecting ongoing market weakness and uncertainty about its next move.
Technical indicators like the DMI suggest a lack of a clear trend, with both bullish and bearish pressures weakening in recent days. Meanwhile, the supply of ETH on exchanges has fallen to its lowest level in six months, which could signal accumulation and reduced selling pressure, potentially setting the stage for a recovery attempt.
Ethereum DMI Shows the Lack of a Clear Trend
Ethereum’s DMI chart reveals a weakening trend, as the ADX has declined to 27.5 from 33.8 in the past day. The ADX, or Average Directional Index, is a key indicator used to measure trend strength. Readings above 25 typically signal a strong trend, while values below 20 indicate a weak or nonexistent trend.
The downward movement of the ADX suggests that Ethereum recent trend is losing momentum rather than gaining strength, which could indicate market indecision.

Looking at the directional indicators, +DI has dropped from 17.8 to 15.7, while -DI has also declined from 22.9 to 21.5. This suggests that both buying and selling pressure have weakened, leaving Ethereum without a clear directional bias.
With -DI still above +DI, bears maintain a slight edge, but the declining ADX indicates the trend is not gaining traction.
This setup points to a phase of consolidation or potential trend reversal rather than a continuation of strong bearish momentum. Until there is a clear divergence in the directional indicators or a rise in ADX, Ethereum’s next move remains uncertain.
ETH Supply on Exchanges Reached Its Lowest Level In Six Months
The supply of ETH on exchanges saw a notable shift over the past few weeks. After increasing from 10.35 million on January 19 to 10.73 million on February 1, exchange balances have since declined sharply, falling consecutively to 9.63 million – the lowest level in six months, dating back to August 2024.
This steady decrease in ETH held on exchanges signals a significant shift in investor behavior, potentially impacting price action in the near term.

The supply of ETH on exchanges is a key metric in understanding market sentiment. When exchange balances rise, it often suggests that investors are preparing to sell, as more ETH is readily available for trading. This can create selling pressure, leading to bearish conditions.
Conversely, when Ethereum supply on exchanges declines, it implies that investors are moving their holdings to private wallets, reducing the immediate sell-side liquidity.
This trend is generally considered bullish, as it suggests confidence in holding rather than selling. With ETH exchange supply now at its lowest level in six months, it could indicate strong accumulation, reducing selling pressure and potentially setting the stage for upward price momentum.
ETH Price Prediction: Can Ethereum Rise Back to $3,000?
Ethereum price chart shows that its EMA lines still indicate a bearish structure, with short-term moving averages positioned below long-term ones.
This suggests that ETH price has not yet established a confirmed uptrend. However, if buying momentum strengthens and ETH can recover a sustained upward movement, it may first challenge the resistance at $2,798.
A successful breakout above this level could open the door for further gains toward $3,024. If bullish momentum persists, ETH could eventually target the next major resistance at $3,442, signaling a full trend reversal to the upside.

On the other hand, failure to establish an uptrend could leave ETH price vulnerable to a retest of its key support at $2,524.
A breakdown below this level, especially with increasing selling pressure, would confirm a bearish continuation, potentially driving ETH further down to $2,163.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Stellar (XLM) Price Could Surge To $0.38 — Analyst Explains How

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Market
XRP Price To $110? Bollinger Bands Creator Reveals Why It Will Become A Market Leader

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The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space.
Analyst Predicts New XRP Price Target To $110
In a rather lengthy X (formerly Twitter) post, market expert Egrag Crypto went deep into his analysis for the XRP price, basing his predictions on its Elliott Wave structure. The crypto analyst confidently forecasted that XRP was heading towards a new $110 ATH. This bullish target would represent a whopping 3,974% increase from its current market value.
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Firstly, Egrag Crypto outlines XRP’s five-wave structure, underscoring that each wave could push the cryptocurrency to a new target. The analyst reveals that XRP is currently in Wave 2 of its Elliott Wave structure and is closely approaching Wave 3, which is expected to trigger the most explosive increase.
In Wave 1, XRP saw an impressive 733% increase to new highs. However, in its current Wave 2, Egrag Crypto highlights that its 2017 fractal appears more profound. With the formation of a Double Bottom pattern, the analyst has predicted a potential price breakdown for the cryptocurrency.

Egrag Crypto further forecasts that Wave 3 will trigger a reversal and cause the price to skyrocket by 1,185%. This massive price increase would effectively place the XRP price at a potential target between $22 and $24. For a more conservative target, the analyst estimates a surge of around $22 to $24.
For Wave 4, Egrag Crypto predicts another major retracement similar to Wave 2. However, this time, the analyst believes XRP could decline by either 14.6%, 23.6%, or 38.2% from Wave 3’s price high. This correction would mark a 65% drop from Wave 3’s peak, bringing the cryptocurrency’s price down to $8. He also highlights a worse-case bearish scenario where XRP crashes as low as $3.4.
Notably, Egrag Crypto shares three potential bullish targets for Wave 5, the final part of the Elliott Wave Structure. He forecasts that the altcoin could surge between $32 to $48, $60 to $70, or $95 to $110. The analyst has based his optimistic forecast on past cycle trends, where 2017 saw a major price rally for XRP.
Bollinger Bands Creator Says The Asset To Become Leader
In other news, Bollinger, the creator of the renowned Bollinger Band technical analysis tool, has highlighted XRP in his latest post, questioning whether it could take a leading role in the crypto market. The technical analyst asserts that Ripple has held up better than other primary crypto vehicles.
Considering its legal battles with the US SEC and present regulatory challenges, Ripple continues to remain resilient, aiming to gain clarity during the final stages of the five-year-long lawsuit. Meanwhile, the XRP price, which is currently trading at $2.4, has experienced a recent uptick, increasing by almost 4% in the last day, according to CoinMarketCap.
Featured image from Adobe Stock, chart from Tradingview.com
Market
Bitcoin ETF investors hold strong despite a 25% BTC price drop: Here’s why


- US Bitcoin ETFs collectively manage $115 billion in assets
- Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion
- Bitcoin’s decline continues as selling pressure intensifies
Even as Bitcoin’s price has tumbled 25% since the start of 2025, a staggering 95% of investors in US spot Bitcoin ETFs have held firm, resisting the urge to sell.
Despite market volatility and macroeconomic uncertainties, Bloomberg data suggests that the overwhelming majority of ETF holders remain unfazed, showcasing strong conviction in Bitcoin’s long-term potential.
Bitcoin ETFs show resilience
Bloomberg ETF strategist James Seyffart reported that inflows into Bitcoin ETFs have slightly declined to $35 billion, down from their $40 billion peak.
However, this still represents over 95% of investor capital remaining in ETFs, even as Bitcoin’s price struggles.
Institutional investors, including Goldman Sachs, continue to maintain significant exposure, with more than $1.5 billion invested in Bitcoin ETFs.
As of now, US Bitcoin ETFs collectively manage $115 billion in assets, underscoring the staying power of both retail and institutional investors despite the crypto market downturn.
Bitcoin ETF outflows persist
Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion.
On March 13 alone, outflows reached $135 million, according to Farside Investors.
However, BlackRock’s iShares Bitcoin Trust (IBIT) remains an exception, attracting net inflows of $45.7 million amid the broader sell-off.
Bitcoin price faces pressure
Bitcoin’s decline continues as selling pressure intensifies due to macroeconomic concerns, including the Trump administration’s ongoing tariff battle.
While BTC briefly surged above $84,000 following the release of US CPI data on Wednesday, it failed to hold above key resistance levels.
At press time, Bitcoin is trading at $81,953, down 1.56% on the day, with daily trading volume dropping 22% to under $30 billion.
According to Coinglass data, 24-hour liquidations have spiked to $75 million, with $52 million in long positions being wiped out.
CryptoQuant CEO Ki Young Ju noted that Bitcoin demand appears “stuck” at current levels but emphasized that it is still “too early to call it a bear market.”
Long-term Bitcoin holders continue accumulating
Despite Bitcoin ETF outflows, on-chain data reveals that long-term holders are accumulating more BTC.
Crypto analyst Ali Martinez reported that these investors have added over 131,000 BTC to their wallets in the past month alone, signaling confidence in Bitcoin’s long-term trajectory.
With Bitcoin’s price volatility and ETF outflows persisting, the coming weeks could be crucial in determining whether investors’ diamond hands will hold firm or if selling pressure will intensify.
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