2 Fundamentals Hint Bullish Reversal For Ethereum Price Could Happen Soon

Akash Girimath
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Will Ethereum Price Liquidate $973M Longs Before $2,000 Retest?

Highlights

  • Ethereum price could trigger a massive bull run driven by utility, as the crypto market matures with institutional investors stepping up.
  • The RWA sector has grown 850% in the past year, with Ethereum capturing over 80% of the market share, alongside zkSync.
  • The amount of ETH held on exchanges has plummeted from 10.9M to 9.3M in under four months, indicating a decline in selling pressure.

The bearish Ethereum price outlook could end soon, as pointed out by two key fundamental metrics. Let’s explore how a shift in these critical indicators could impact the price of ETH and if they could catalyze a bullish reversal.

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Will Ethereum Price Attempt Reversal as ETH Fundamentals Flip Bullish?

The 2024 lackluster performance of ETH price is plaguing investors in 2025. However, this outlook could change as two key fundamentals suggest – the growth in the RWA sector followed by the plummet of ETH held on exchanges.

The Real-World Assets (RWA) category has grown 850% in the past year, according to Hitesh.eth, founder of Dyor. Only two protocols, Ethereum and zkSync, have captured over 80% of the market share together. The RWA sector has grown more than 50% in the past 30 days.

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Not a great time to be bearish on $ETH RWA is the fastest-growing category in crypto. +850% growth in the past year +50.9% growth in the past 30 days Ethereum and zkSync have captured over 80% of the market share together. https://t.co/pyVYLj4qNq

4:18 AM · March 17, 2025

As the crypto market matures with institutional investors stepping up, the next phase of the bull run is most likely going to be driven by utility rather than vanity or hype. With this future outlook in mind, Ethereum price is likely going to trigger a massive bull run. 

The second fundamental is an on-chain metric that shows a steep plummet in the amount of ETH held on exchanges while high-net-worth investors’ holdings have increased. This diverging outlook shows that the selling pressure on exchanges is declining as supply moves into long-term holders. 

The amount of ETH on exchanges dropped from 10.9M to 9.3M in under four months. While the supply held by top non-exchange addresses grew by more than 17M to 68.8M as of March 17.

2 Fundamentals Hint Bullish Reversal For Ethereum Price Could Happen Soon ETH Supply on Exchange, Top Non-Exchange Address Holdings
2 Fundamentals Hint Bullish Reversal For Ethereum Price Could Happen Soon ETH Supply on Exchange, Top Non-Exchange Address Holdings
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Key Levels to Watch if ETH is Bottoming Here

With Ethereum price spending more than a week below the $2,000 psychological level, the outlook remains grim. However, from a technical perspective, the next two key hurdles include $2,100 and $2,200. For a decisive bottom formation or confirmation, Ethereum price needs to overcome the aforementioned level. 

The next two critical resistance levels are $2,602 and $2,768. These blockades will test the bulls’ strength and buying pressure. A failure to overcome these levels will lead to a lower higher, which could signal that the uptrend has not yet begun.

A decisive daily candlestick close above $3,014 will confirm the bull run. In such a case, the Ethereum price predictions forecast targets of $4,000, $4,100 and even new all-time highs (ATH).

2 Fundamentals Hint Bullish Reversal For Ethereum Price Could Happen Soon
ETH/USDT 1-day chart

The growth in the RWA sector and the decline in ETH held on exchanges are two key fundamental metrics that suggest a bullish reversal for Ethereum price, potentially leading to a massive bull run driven by utility.

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Frequently Asked Questions (FAQs)

1. What are the two key fundamental metrics that suggest a bullish reversal for Ethereum price?

The growth in the Real-World Assets (RWA) sector and the plummet in ETH held on exchanges are the two key metrics.

2. How has the RWA sector performed in the past year, and what does this mean for Ethereum price?

The RWA sector has grown 850% in the past year, with Ethereum capturing over 80% of the market share, indicating a potential bull run driven by utility.

3. What is the significance of the decline in ETH held on exchanges, and how does this impact Ethereum price?

The decline in ETH held on exchanges indicates a decrease in selling pressure, as supply moves into long-term holders, potentially leading to a bullish reversal.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Senior Cryptocurrency Analyst & Market Strategist Engineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts. A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise. Known for mentoring analysts and optimizing workflows for high-impact reporting, Akash’s work is cited across global crypto publications, reaching 500k+ monthly readers. Follow his insights on YouTube, X, and LinkedIn for cutting-edge perspectives on decentralized ecosystems and crypto innovation.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.