Time to Buy Ethereum as ETH Heads for Another Double-Digit Quarterly Loss?

Ethereum has faced a volatile stretch, dipping to a 14-month low near $1,500 as the token slides amid a weak market cycle. The asset is on track for its second-worst first half since 2022, with estimates showing steep declines in Q1 and Q2. Analysts note that competition with BTC has narrowed Ethereum’s market share, while a Tom Lee–led firm reportedly remains heavily invested in ETH, incurring losses as prices fell. On-chain activity also shows a rush of withdrawal from exchanges, with roughly 500,000 ETH—about $800 million—leaving venues in a week. Some analysts warn the bottom could be closer to $700, suggesting readiness to accumulate if true.