For almost two months, ETH Price (Ethereum) It appears they can’t leave the $2,400 zone.
This is partly surprising as it turns out that more and more companies are adding Ethereum to Bitcoin with reserves.
I love Ethereum (Eth) $2,400
2,400 $ It is an important threshold for Ethereum prices.
In fact, it’s just from there Trump Trade It started last November ETH I managed to get back to $4,000.
But the problem came later, especially since Trump announced he hadI launched his MEMeSolana coin.
It must be said that in the past the Memocoin market was primarily based on. Ethereum Blockchain will continue to grow from the end of 2023 Solana’s Memecoin It has appeared.
In particular, the rebound at the end of 2023 saw the maximum level of $2,400 at ETH prices at the beginning of 2024, but since February, the mini bubble has well surpassed $4,000.
In other words, over the past two years, it’s starting exactly with $2,400, two. Mini bubbles on Ethereum prices It’s bulging, but the first burst cost just $2,300, while the second fell below $1,600 in April this year.
It’s clear that 2025 was a problematic year for Ethereum, but perhaps MemeCoin Market I almost certainly moved to Solana. It should not be forgotten that it was precisely Memocoin during the previous major Bull Run (one of 2021) that greatly supported the rise in Ethereum prices.
Suspicion of weakness in Ethereum (ETH) prices
This situation may also argue that ETH Price You are experiencing moments of weakness.
The reality is that if you can hold the $2,400 level, it will be perfectly in line with the price level following the 2023 rebound. Of course, many people were expecting more, but there are no more expectations in the short term, as the Memocoin market no longer exists.
For example, after the rebound at the end of 2023, the price of Solana rose to around $100, but now it is $150. Furthermore, in January, Trump Memo Coin launchesit marked a new all-time high for nearly $300.
When then Mini Bora del Trump Trade Burst, Sol’s price has returned to $120, well above $100 in the beginning of 2024.
Instead, this year’s Ethereum prices fell to the level of late 2023 before the rebound, and then failed to return to levels before the last mini bubble. Meanwhile, the current prices for Solana are at almost the level before the Trump trade.
A divergence with purchasing pressure
But all of this More and more companies are adding ETH In addition to BTC, in their reserves.
You can monitor a list of well-known companies on the website at StrategEthReserve.xyz. Ethereum portfolio.
Since the site began monitoring this data in March, the number of collectively reserved ETHs has exceeded 1.2 million, which is roughly equivalent to $3 billion.
However, these numbers are, for example, $16 billion ETH It was traded in one day in the bull and bear crypto market.
So the two are clearly contrasting. In reality, the process by which companies purchase and withdraw ETH from the market is very limited in scale and cannot have any real impact. Ethereum prices.
In particular, you can monitor it on bitcointreasuries.net Number of BTC accumulated by companiesand only publicly available companies hold almost all of their portfolios. 850,000 Bitcoinworth more than $90 billion. With BTC’s daily trading volume on the exchange at $47 billion, the difference from current ETH is still enormous from this perspective.