Ether (ETH) are test levels that have not been seen since November 2023, as the market continues to be affected by volatility as a result of US President Donald Trump’s trade war threat.

ETH is down by 15% over the past 24 hours, according to Coindesk index data, which draws Coindesk 20, a target for the largest digital assets that are down by 16%.

Ether’s decline in the last three months has been driven by the Bearish Investor mood, reflected in its underprestiation compared to BTC and Weak institutional demandTogether with Makrovind such as the fear of trade war, inflational concerns and the weakness of the stock market, which has dampened risk appetite.

Coinglass data shows that nearly $ 165 million in ETH -long positions has been liquidated in the last 12 hours.

Bettors on the polymarket gives a 76% chance that Ether will hit $ 1900 at the end of the month.

ETHER ETF outflow was deep inside the red last week, according to data from Sosovalue that came to -$ 335 million.