The cryptocurrency market is experiencing significant turbulence, with Ethereum ($ETH) serving as a prime indicator of just how low it could go.
The world’s second favorite cryptocurrency was on track to potentially hitting highs of $5,500 this year, but recent price swings suggest the road there is looking increasingly more complicated.
Following a sharp 37% decline in response to Trump’s aggressive tariff policies, $ETH rebounded dramatically, rising 35% after Eric Trump expressed support for the asset. With two substantial price movements in just four days, Ethereum’s performance suggests stormy weather ahead.
Many look to 2025 with hopes for a potential bull run. This is largely due to Trump’s pro-crypto policies, which have so far comprised the signing of an Executive Order to establish a task force to draft a comprehensive regulatory framework for the industry and assess the feasibility of a strategic US cryptocurrency reserve.
Additionally, it is thought that Bitcoin’s supply halving last year, along with the strong possibility of the US SEC approving spot altcoin ETFs, could drive crypto prices skyward.
But now Ethereum’s performance leaves many wondering if this will really be the case.
ETH Price Analysis: A High-Stakes Market
At its current price of $2,749, Ethereum remains about 32% below its $4,016 peak reached during the Trump-driven surge.
Over the past week, $ETH dipped below $2,800—three times Bitcoin’s percentage drop. The asset’s relative strength index showed oversold conditions thrice, plunging steeply down to 10 twice in the last week—a rare occurrence for any cryptocurrency.
What caused this? Trump’s stringent economic stance, widely perceived as a trade war on several fronts, with tariffs declared against Canada, Mexico, China and the European Union, triggered the largest 24-hour crypto liquidation on record, wiping out $10 billion in a single move.
#Trump, tariffs, turbulence. US imposes fresh import duties on #Canada, #Mexico and #China. It will have a major impact on global supply chains and markets. Time for emerging markets including India, to prepare for and be resilient to, outflow shocks from global investors, says… pic.twitter.com/qL8Z1YHd6n
However, the picture is more nuanced than it appears. Ethereum-based exchange-traded funds (ETFs) have recorded four consecutive days of inflows. A staggering $307.8 million poured in within a single day—the highest so far this year—led by BlackRock’s ETHA, which alone attracted $276.2 million.
This institutional backing is crucial for maintaining $ETH above the $2,745 support level. A breach of this zone could place 4.26 million $ETH at a loss, potentially triggering an $11 billion sell-off—a key risk factor to monitor.
As Ethereum’s $ETH tumbles, smart-money investors move $9.2 million into Best Wallet
Ethereum may be seesawing spectacularly, but one hotly-tipped token could well be one of 2025’s best performing assets by the end of the year.
$BEST is the native utility token of Best Wallet, a next-generation cryptocurrency wallet that could take significant market share away from Trust Wallet and MetaMask.
More of a handy multi-purpose tool than just a secure storage solution, Best Wallet equips users with various handy functions to help them optimize their trading and investment strategies.
Easily the buzziest feature is the “Upcoming Tokens” tool, which curates the most promising crypto projects, allowing Best Wallet users to make moves before anyone else in the market.
It also aggregates crypto’s various yield farming opportunities to show users how best to put their portfolios to work.
Best Wallet currently supports over 1,000 cryptocurrencies.
The $BEST token is currently priced at $0.023875, but this will rise by a fraction as the presale progresses through its rounds.
Of course, security is a top priority for a wallet. Best Wallet utilizes Fireblocks’ MPC-CMP encryption to keep user assets safe.
Having raised over $9.2 million, Best Wallet is a major contender in the software wallet market and could even outperform Ethereum’s $ETH this year.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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By Nermeen Nabil Khear 
