ETH Price Prediction: Price Falls due to Stock Market Crash in Asia?

Bittime - Ethereum (ETH) is under intense pressure after a massive sell-off rocked global financial markets. 

Within 24 hours, more than $890 million in crypto positions liquidated, making the price of Ethereum plummet to $1.450. Is this the bottom or the start of a further decline?

How to predict the price of ETH amidst declining market stocks in Asia. Read more in this article! 

ETH Price Falls After Heavy Sell-Off

On 7 April 2025, Ethereum crashed almost 20% in a day — being the lowest level since late 2023. 

ETH's crash reflects global investor panic following Asian stock exchanges — such as Japan's Nikkei 225 falls 8%, and South Korea and China experienced similar sharp declines.

According to Jeff May from BTSE, the crypto market is now an “early indicator” of global economic risks. The decline in ETH prices reflects the above concerns US-China trade tensions and expectations of drastic changes in monetary policy.

Source: Market Bittime

Read also: Trump's 50% Tariff Policy on China Becomes a Bomb in the Crypto Market, Here's the Explanation!

A large number of Liquidated in 24 Hours

Market data shows a massive wave of liquidations:

• $758 million long position liquidated
  
   
• $133 million short position also affected

Price Bitcoin went down around $74.700, while the GMCI 30 index (measuring the performance of the 30 largest cryptocurrencies) fell 8,6%.

Peter Chung of Presto describes this situation as a moment “Sell Now, Think Later”, where traders are crowdfunding even from high-potential cryptoassets like Ethereum.

Ethereum Whale Loses $64 Million

A famous Ethereum whale with the nickname “7 Siblings” liquidated amounting to 67,570 ETH (~$106 million) at Maker due to price crash. This whale is known to collect more than 1.2 million ETH, and now suffering $64 million in unrealized losses.

Whale actions like this often trigger market panic because they have a big influence on sentiment and prices.

Technical Analysis: ETH Price May Fall Further

Currently ETH is trading in a range $1.579. The RSI indicator is at 43.74, approaching the zone oversold. Meanwhile the MACD indicator is still showing momentum bearish.

Important levels to note:

• Support: $1.535 / $1.420 / $1.350
  
   
• Resistance: $1.600 / $1.710 / $1.820

If the price of ETH fails to break $1,600, analysts predict ETH could continue to fall below $1,400.

Read also: Safe Crypto Assets to Buy When Trump's Tariff Policy Makes the Market Crash

Can Ethereum Recover in Q2 2025?

Even though the short-term outlook is negative, Ethereum's fundamentals are still solid. Utilities in DeFi, NFTs, and smart contracts still promise long-term value. However, for now, prices are likely to remain depressed until global sentiment improves.

This recovery will depend on the Federal Reserve's response and the state of interest rates going forward. Apart from that, US-China trade policy also plays an important role at this time.

Conclusion

Ethereum is at an important crossroads. Moment today's crypto news Full of volatility and panic, the next few weeks will determine whether ETH can bounce back or enter a further fall phase.

FAQ

1. Why did the price of Ethereum plummet to $1,450?

Ethereum prices plummeted due to global market panic triggered by the collapse of Asian stock markets, especially Japan, South Korea and China. This decline was also exacerbated by trade tensions between the US and China as well as concerns about the direction of global monetary policy.

2. How many crypto positions were liquidated in the last 24 hours?

More than $890 million crypto positions have been liquidated within 24 hours, consisting of: $758 million long position and $133 million short position. This indicates unusually high selling pressure in the market.

3. Is this a good time to buy Ethereum?

Many analysts advise caution at this time. Ethereum is in a phase of uncertainty, and could fall further if it fails to break resistance at $1.600. However, for long-term investors, this price level could be an entry opportunity if supported by mature technical and fundamental analysis.

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Reference

News Room, $890M Crypto Liquidated in 24H: Ethereum Price Drops to $1,450 as Asian Stock Markets Crash, accessed April 8, 2025

Co-information, Ethereum Price Crash: $106M Whale Dump Sparks Panic—Will ETH Price Drop Below $1,400?, accessed April 8, 2025

Author: SD