Ether (ETH) fell 13% between March 8 and March 11 as investors moved to short-term fixed-income and cash positions, seeking safety amid a global tariff war and rising fears of an economic downturn.
ETH price needs 29% gains to reclaim $2.5K
Market concerns escalated after the United States responded to Canada’s electricity surcharge with retaliatory measures.
S&P 500 futures (left, magenta) vs. Ether/USD (blue). Source: TradingView/Cointelegraph
Typically, traders tend to overreact, increasing the likelihood that Ether will rebound faster than other assets once market sentiment improves. While some argue that risk assets are driven by inflation and economic growth data, others believe gains depend on stimulus measures and monetary expansion.
Regardless of the catalyst for the next bull run, Ether price must climb 29% from its current $1,940 level to reclaim $2,500. This move will likely require increased demand from leveraged buyers, whose activity