Ethereum is on the edge of a rare losing streak that is fueling bearish price prediction. The asset is threatening a seventh straight monthly decline after slipping below the key $2,000 psychological level. Although price briefly bounced back above $2,010, the recovery looks fragile.
On-chain data suggests large holders are distributing into strength, while macro pressure continues to build.
Key Takeaways:
- ETH risks a seventh straight red month, a rare capitulation signal in crypto market history.
- Wallets holding 100k-1M ETH have aggressively reduced reserves over the last 90 days.
- RSI oversold signals at 37 suggest a potential relief bounce to $2,200.
- Support at $1,800 remains the critical line in the sand for bulls.
Ethereum Price Prediction: Whales Signal ‘Risk-Off’ Shift
On-chain data shows a clear shift among whales with addresses holding between 100,000 and 1,000,000 ETH have reduced reserves over the past 90 days, and this is happening outside exchanges. That suggests real de-risking, instead of short-term trading prep.
Macro pressure is not helping. Sticky inflation has cooled institutional appetite for risk, and Ethereum has been one of the hardest-hit majors. If distribution continues, $1,800 becomes the key downside level to watch.
That said, the correction appears macro-driven rather than tied to collapsing network fundamentals.
Daily RSI sits near 43, historically a zone where relief rallies can form. Funding rates have normalized, and open interest has dropped, reducing leverage risk.
If $1,840 holds and ETH reclaims $2,140, momentum could shift back toward $2,200 and potentially higher. For now, whales are trimming exposure, but the setup is approaching a short-term inflection point.
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