In recent market developments, the Ethereum price has shown rising bearish indicators in the network. This took place all while the newly elected president, Donald Trump, decided to keep buying more ETH as market observers anticipated the next Coinbase listing. However, a new $0.09 altcoin has taken the crypto market by storm after securing $11.43 million in presale.

Ethereum Price Takes a Hit: ETH Holders Under Pressure

The Ethereum price has been having trouble stabilizing following a string of abrupt bearish swings. ETH is currently trading at about $1,987, which indicates a modest recovery, but the general mood of the market shows that ETH is still far from being in a safe zone. Recently, ETH recovered from the $1,900 support level in an effort to regain higher price ranges.

But even with this recovery, the Ethereum price is still in a precarious position. There is ongoing bearish pressure, as seen in the downward trend on its 50-day and 100-day moving averages. That bullish momentum is dropping, as seen in the altcoin’s inability to maintain a price above the $2,500 mark.

Prolonged Bearish Patterns May Trigger ETH For a Reversal

On the positive side, a crucial resistance zone is still the $2,600-$2,700 range for the altcoin. The Ethereum price may regain enough strength to challenge the $2,900 mark if it can potentially upswing above this level. However, any breakout attempt is probably going to be brief if there is not a decent volume surge.

According to analysts, ETH has responded to market-wide volatility more strongly than Bitcoin, which has managed to maintain relative stability. The Ethereum price may experience another decline to $1,800 or less if it is unable to surge above $2,600 in the upcoming days. A decline below $1,700 would be the worst-case scenario for ETH, which could trigger panic selling.

IntelMarkets Stuns ETH Holders With $11.43 Million Presale

Amid the broader market volatility, ETH is indicating an increased price fluctuation on the visual charts. Meanwhile, the emerging AI platform IntelMarkets (INTL) has scored a whopping $11.4 million in its ongoing presale stage 10. Reportedly, many ETH investors have recently shifted to this AI newcomer for its accumulation stability in comparison to the crypto giant Ethereum.

IntelMarkets’ growing optimism can be attributed to its strong platform fundamentals as well as its state-of-the-art technical architecture, which sets it apart from other presale projects active in the market right now. This next-generation AI platform offers its users the flexibility to use either the Ethereum or Solana blockchains for trading cryptos based on their preferences.

Ethereum Price Turbulence Diverts Attention to IntelMarkets

The growing negative signals in the Ethereum altcoin are driving ETH investors to offload assets and explore other strong alternatives to recover losses caused during the prolonged price plunge. On the flip side, IntelMarkets (INTL) has gained notable attention amid the broader Ethereum price crash as Ethereum whales have turned bullish on its ongoing presale.

Given that there are certain support levels that Ethereum must achieve in order to recover from the red zone, IntelMarkets is positioned to stand firm as a strong ETH rival in the upcoming Q2 bull run. Analysts say this AI platform is following the roadmap to break out as the best-selling ICO of 2025 based on the performance metrics observed in its fast-selling presale.

Discover More About IntelMarkets:

Presale: https://intelmarkets.io/

Buy Presale: https://buy.intelmarkets.io/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

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