Ethereum Price Prediction: As Santiment Sees Mild Signs Of ETH Rebound, Traders Buy This New ICO For Free Bitcoin
The Ethereum price dropped over 1% in the last 24 hours to trade at $2,674 as of 04:12 a.m. EST on trading volume that rose 125% to $26.7 billion. This decrease in the ETH price comes as Santiment, a market intelligence platform, says it sees mild signs of a rebound for the leading altcoin’s price. 📈 Ethereum has shown mild signs of a rebound, currently back up to a market value of $2,745 and outpacing most altcoins to start the week. From a long-term perspective, ETH continues to move off of exchanges and into cold wallets at a shocking pace, with just 6.38% of the… pic.twitter.com/4MTJgpOLDT — Santiment (@santimentfeed) February 17, 2025 But what does the Ethereum Analysis show? Ethereum Price In A Bearish Trend As Indicators Signal Continued Weakness The ETH price daily chart on GeckoTerminal reflects a shift in market sentiment, with price action currently leaning bearish. After a strong uptrend that peaked above $4,000, ETH has formed a cl...