BlockBeats News, February 27 — Swyxtx Chief Analyst Pav Hundal stated that Ethereum’s price has already priced in a lot of short-term uncertainty and may remain subdued in the coming weeks.
“A lot of short-term uncertainty has been factored into Ethereum’s price. If ETH remains relatively subdued in the next few weeks, I wouldn’t be surprised at all,” Hundal said on Thursday. He added that geopolitical tensions, including the escalation of issues in Iran and progress on the U.S. Clear Act, have largely been priced in as well.
Hundal mentioned that the $19 billion liquidation event in October last year still weighs on the market. “The chain liquidations in October wiped out $19 billion from the market, and now consumer sentiment has fallen to levels not seen since 2022.” He believes that while traders focus on where the next wave of liquidity will come from, market sentiment is being overlooked. “For me, consumer sentiment is the big story that no one is really talking about.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gate Daily Report (March 20): BlackRock Staking Ethereum ETF Surpasses $250 Million; Morgan Stanley Plans to Launch Bitcoin ETF
Bitcoin price plunges sharply to approximately $70,400; BlackRock's Ethereum staking fund surpasses $250 million in assets under management in its first week, with a staking rate as high as 95%. Morgan Stanley has submitted a revised proposal for a spot Bitcoin ETF. U.S. stocks decline significantly due to geopolitical impacts, with market confidence weakening; it is recommended to control leverage ratios for hedging purposes.
MarketWhisper24m ago
Intuition Founder Sells 5571 ETH, Incurs $703K Loss
Intuition founder billΞ.eth recently sold 5571 ETH at an average price of $2113.77, resulting in a loss of $703,000. The address purchased 7768.56 ETH on March 16 at $2240.1, and this sale represents 72% of its holdings.
GateNews41m ago
A certain whale opened 20x leverage long positions on BTC and ETH, with a position value exceeding $40 million.
Gate News reported that on March 20, according to Onchain Lens monitoring, a certain whale recently converted its position from short to long, and initiated 20x leverage long positions on BTC and ETH. The whale currently holds 284.68 BTC, valued at approximately $20 million; and holds 9,336 ETH, valued at approximately $20 million. Through such frequent leveraged operations, the whale has accumulated profits exceeding $4 million.
GateNews57m ago
Police Seized 54.5 Billion Won in Virtual Assets Over Five Years! South Korean Police Plan to Establish Privacy Coin Seizure Guidelines to Fill Regulatory Gaps
The Korean National Police Agency is developing new digital asset seizure guidelines that for the first time incorporate management of privacy coins and software wallets, aiming to improve the digital asset management system. The new guidelines are designed to enhance professional management of privacy coins and address recent asset custody vulnerabilities. According to reports, the total value of digital assets seized over the past five years reaches approximately 54.5 billion Korean won. The police department plans to select private custodian institutions in the first half of 2026 and establish a more comprehensive digital asset security governance framework.
CryptoCity58m ago
Two whales withdrew 4154 ETH from exchanges, with one address holding $80.3 million in ETH
Gate News reports that on March 20, Lookonchain monitoring showed that a whale address (0xEb2a) withdrew 2004 ETH from a certain CEX, worth $4.24 million. This address currently holds 37,400 ETH with a total value of $80.30 million. Another whale address (0xC551) withdrew 2150 ETH from a certain CEX, worth $4.63 million. This address currently holds 6683 ETH with a total value of $14.33 million.
GateNews1h ago
Mysterious Whale Linked to Erik Voorhees Purchases 17,084 ETH for $36.75M USDT
Gate News bot message, A mysterious whale spent an additional 36.75M USDT to purchase 17,084 ETH at $2,151. According to Arkham's labels, this whale may be linked to ShapeShift founder Erik Voorhees.
This follows the whale's return after 7 months of inactivity, during which they spent 111.62M USDT
GateNews1h ago
