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Ethereum Technical Analysis Report | 11th March 2025  

  • Ether's price struggles to recover, dropping below $2,600 and triggering liquidation of over $918 million in ETH futures.
  • Lack of institutional interest shown by net withdrawals of $406 million from spot ETFs in the past 10 trading days.
  • Weaker demand for blockchain transactions results in inflationary impact on Ether supply.
  • ETH trading at $1,862, showing potential for a relief rally towards $2,150 if it can sustain above $1,750 support.

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