Ethereum price has seen a significant downturn, plunging to an eight-week low of $2,600. The sharp decline has resulted in heavy losses for ETH holders. 

However, institutional investors view this as a buying opportunity, capitalizing on lower prices in anticipation of a potential market recovery.  

Ethereum Losses Momentum

Ethereum’s supply in profit has dropped sharply, declining by 32% over the past two months. Previously, 97% of ETH holders were in profit, but this figure has now fallen to just 65%.

The decline has fueled a negative sentiment among traders, with Ethereum underperforming compared to other large-cap cryptocurrencies.  

Fear, uncertainty, and doubt (FUD) have led to retail investors selling their holdings, contributing to further downside pressure. However, market cycles often lead to unexpected reversals. If the broader crypto market stabilizes, ETH could see surprise bounces as long-term investors take advantage of discounted prices.  

Despite Ethereum’s price decline, institutional investors appear to be accumulating the asset. The US spot Ethereum ETF market recorded its highest single-day inflow in two months, with 89,290 ETH worth approximately $236 million entering funds earlier this week.

This suggests that institutional investors see Ethereum’s current price as an attractive entry point.  

Large-scale accumulation at lower levels indicates that long-term investors remain confident in the altcoin. While short-term price movements remain volatile, sustained institutional inflows could provide support for ETH. It could help stabilize Ethereum price in the coming weeks.  

ETH Price Prediction: Reclaiming Support And Recovering

Ethereum’s price has dropped by 20% over the past week, currently trading at $2,608. The cryptocurrency is holding above the critical support level of $2,546 after losing the $2,698 support. This decline has left ETH in a vulnerable position, with investors closely monitoring price action for further signs of movement.  

The current market conditions present mixed signals, making Ethereum susceptible to prolonged consolidation below $3,000. A potential recovery could begin if ETH reclaims the $2,698 support.

Until then, price action may remain range-bound as traders assess the market’s direction.  

However, if Ethereum fails to hold the $2,546 support level, the downtrend could deepen. A further decline could send ETH to $2,344, invalidating the bullish-neutral outlook and extending investor losses.

This would reinforce bearish sentiment, potentially delaying any significant recovery in the near term.

Interest in cryptocurrency projects has been exceptionally high in recent months as investors eye the 2025 bull run. Fifteen years after the launch of Bitcoin, crypto enthusiasts have witnessed how an innovative tech idea can grow from one with no intrinsic value to a digital asset with a market cap of $1.948 trillion at the current price of $98,348. 

With this realization, crypto enthusiasts are looking for cheaper alternatives with great potential. Notably, Dogizen has proved to be one such project. Indeed, while the sentiment in the broader crypto market has shifted to a risk-off mood, investors have been rushing to amass some DOGIZ tokens as its presale comes to an end.

Bitcoin set for range-bound trading as the bulls lack enough momentum

Bitcoin bulls have failed to gather enough momentum for a rebound above the psychologically crucial zone of $100,000 as a risk-off mood prevails. While the crypto major is considered a safe haven in times of economic uncertainties, it is still traded as a risk-on asset.

In the near term, the bulls are striving to defend the support at $97,173.79. Below that level, the lower zone of $94,444.87 will be worth watching. 

On the upside, it may continue facing resistance $99,700. Beyond that level, the next target will be at $101,945.04. 

Dogizen presale end ushers in unmatched growth

Since the launch of its presale in early October 2024, Dogizen has attracted impressive numbers with savvy investors riding on its huge growth potential and apt timing. As a result, it has raised over $4.5 million ahead of its listing on Monday, 10th February.

Notably, it has succeeded at curving its niche within the broad gaming sector. As the first ICO to be launched directly within Telegram, the project has created an online movement with the influence needed to catapult the DOGIZ token to great heights post-listing. 

Besides, Dogizen is entering the open market at a time when dog-themed crypto projects are on everyone’s radar. From Trump administration’s Department of Government Efficiency (DOGE) to the highly anticipated Dogecoin ETFs, it is time for dog-themes tokens to shine and Dogizen is basking in the glow. 

What’s more, a crypto-friendly policy environment, the ultra-popularity of GameFi tokens, and the absence of airdrops adds to its growth potential. With a market cap of below $10 million, moderate gains of 20X will have it compete with the likes of Hamster Kombat and Notcoin. As such, the current DOGIZ token price of $0.000089 is likely the lowest it will ever get to. 

Hurry up and buy the Dogizen token here.

Ethereum price action points to further weakness in the short term

Since the beginning of 2025, Ethereum price has been in the red for four out of five weeks. While optimism over Bitcoin’s bullish price action will likely sustain this altcoin above the crucial support zone of $2,500 in the near term, a risk-off mood continues to weigh on it.

More specifically, the range between 42,581 and $2,751 is worth watching. Even with a rebound beyond that zone, the crypto major will likely face resistance at $2,926 as it continues to trade below the 20 and 50-day EMAs. To reverse this bearish trend, the bulls will need to gather enough momentum to push the asset past the crucial support-turn-resistance level of $3,075.

XRP has faced increasing selling pressure as bearish market conditions have pushed the altcoin to a monthly low. Investors looking for a recovery may be disappointed, as the altcoin remains vulnerable to further declines. 

Weak market participation and negative momentum are signaling the potential for additional losses in the near term.  

XRP Investors Are Skeptical

The Price Daily Active Addresses (DAA) Divergence indicator is currently flashing a sell signal. This bearish signal stems from a combination of falling prices and declining investor participation.

With fewer active addresses interacting with the network, buying momentum appears to be weakening, making XRP vulnerable to continued downside movement.  

As the drawdown continues, investors are stepping back, further dampening buying interest. If this trend persists, it could accelerate XRP’s decline. 

XRP’s Relative Strength Index (RSI) has dropped to a three-month low, reinforcing the strong bearish momentum. The RSI, which measures market strength, indicates that selling pressure is intensifying.

If this trend continues, XRP could soon enter the oversold zone, further limiting any chances of an immediate rebound.  

A dip into the oversold territory typically suggests that an asset is undervalued, which can sometimes trigger a price recovery. However, XRP’s historical performance indicates that prolonged bearish conditions could extend losses before any meaningful reversal.

XRP Price Prediction: Bouncing Back Is The Key

XRP is currently trading at $2.37, holding above its critical support level of $2.33. The cryptocurrency has been on a consistent decline since the beginning of the month.

Despite temporary stabilization, bearish indicators suggest that XRP may struggle to recover without a significant shift in market momentum.  

The ongoing downward trend suggests that a further decline is likely. If XRP loses its $2.33 support, the price could drop to $1.94, deepening investor losses. A break below this level would confirm extended bearish control, making recovery even more challenging in the near future.  

However, a bounce off $2.33 could enable XRP price to reclaim the $2.70 resistance. If the altcoin successfully flips this level into support, it would invalidate the bearish outlook.

Such a move could restore investor confidence and open the door for a potential recovery in the coming weeks.