That’s it. I finished. I’m done with crypto. The lamest bull market of my life. I haven’t even reached $150,000. Tom Lee’s Ethereum price prediction was wrong and ETH created a new ATH for two seconds. There was no alternate season.
And the only coins that did anything notable were blatant 1000x casino chips. The future of finance, my ass.
Meanwhile, Ether fell below the $3,100 level for the first time since early November, sliding to $3,066 on Sunday during a broader crypto pullback.
This decline has been accompanied by an increase in ETF redemptions and growing concerns that Ethereum is becoming the industry’s “risky” trade. So what is going on with Ethereum? Is it dying?
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Investment manager Timothy Peterson highlighted a worrying trend that is not visible in mainstream ETF feeds.
“Spot Ether ETFs have seen net outflows in four of the last five weeks, totaling approximately 7% of base capital,” Peterson said.
Cost-based withdrawals track how much of the initial capital committed to an ETF leaves and that doesn’t look good for Ethereum. The increase in redemptions here shows a weakening of the conviction of long-term holders, and not just a repositioning of traders.
This leaves our Ethereum price prediction showing that the price will no longer be near the ATH for the remainder of 2025. Not good.
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A scan of major analytics platforms adds more context to the ETH price:
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CoinGecko: Ether down 11% in 24 hours
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DeFi Llama: ETH TVL fell 2.1% this week, reversing earlier gains
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FRED (Rates): long-term yields remain high, limiting risky assets
Despite the volatility, ETH is still trading comfortably above its 200-day moving average near $2,550, a level that has historically defined cycle support zones.
Ethereum’s 4-hour chart shows that the price is stuck in a narrowing descending wedge, which is a corrective pattern that often precedes upward breakouts. ETH was repeatedly rejected at the upper trendline and stacked supply zones near $3,550 and $3,800.
A decisive recovery to $3,350 will reverse the short-term trend and pave the way for a return towards $3,550. A failure keeps the wedge intact and increases the risk of a retest of $3,000 or even a quick sweep of liquidity below before any real reversal.
The fact that ether is falling below $3,100 speaks volumes about a bad trading day. ETF outflows, shaky macro signals, and stubborn resistance all piled up on the chart at once.
