Ethereum's native token, Ether, has dropped nearly 50% since Eric Trump encouraged his followers to invest in the cryptocurrency on Twitter. As of March 31, Ether traded as low as $1,820, marking a 40% decline since Trump’s tweet. Additionally, Ether's market share fell from 10.28% to 8.39%, its lowest since 2020, due to a series of market challenges, including a $1.5 billion security breach at Bybit and intensified selling across Ethereum linked to geopolitical tensions. World Liberty Finance, a Trump-associated DeFi firm, transferred 73,783 ETH to Coinbase shortly after Eric Trump’s tweet, raising speculation about potential motives despite claims that it was routine treasury management. Technical indicators suggest Ether may drop below $1,500, with patterns indicating a possible price floor at this support level. However, a rebound could occur if the market shows signs of stabilizing around current levels, potentially igniting a double-bottom pattern that might push prices back toward $2,500 by April. Investors are advised to conduct their own research amidst this volatility.

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