Ethereum Price Forecast: Will ETH Recover or Plunge Further?

Early in March 2025, the cryptocurrency market experienced a downturn as major stock indices like those in China and Japan suffered losses. The overall crypto market cap decreased by nearly 4 percent over the past 24 hours, settling around $2.74 trillion at press time. Ethereum (ETH), one of the largest altcoins, saw a notable price drop, falling over 9 percent last week to trade at roughly $1,809 on March 31, 2025. This decline reflects a broader bearish sentiment in the market for Ethereum, particularly given its significant losses this past month and a continued struggle against resistance levels.