Analyst Warns: "There's No Chance of a Rally in Ethereum Until This Data Returns to Normal!"

2026-01-09 15:55:19

Source: CryptoNewsNet Original Title: Analyst Warns: “There’s No Chance of a Rally in Ethereum Until This Data Returns to Normal!” Original Link: Cryptocurrencies took a major hit in the crash that began last October. While Bitcoin and altcoins experienced a decline, the risk is not over for Ethereum (ETH).

A CryptoQuant analyst warned investors, noting that the ETH premium on a certain compliance platform has fallen to its lowest level in 10 months.

According to CryptoQuant analyst CryptoOnchain, Ethereum (ETH) is showing bearish signals.

At this point, the analyst noted that the premium for ETH had fallen to its lowest level in 10 months, indicating weakening demand from US-based investors and stronger selling pressure on certain platforms compared to major exchanges.

The analyst also noted that the drop in ETH premium to its lowest level in 10 months poses a significant obstacle to ETH price regaining the $3,300 level.

“The sharp drop in the Ethereum premium into negative territory indicates weakening demand from US institutional investors, posing a significant obstacle to the price regaining the $3,300 level.”

The analyst noted that ETH has been in a downtrend since $4,700 and has failed to break through the key resistance level of $3,300, adding that low demand for spot ETH ETFs also triggered the decline.

The analyst noted that historically sustainable Ethereum rallies have been accompanied by a positive premium, where prices on certain platforms trade higher than those on major exchanges.

The current negative read indicates that US-based institutional investors are not actively accumulating ETH at current price levels. Consequently, the analyst stated that a breakout above $3,300 is unlikely until the price difference between platforms turns positive and real demand re-emerges in the US spot market.

The analyst warned investors that if this negative trend in ETH premium continues, there is a risk of further downward correction.

ETH-0,31%

BTC0,79%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.