EthereumPoW (ETHW) Price Prediction

Deep Dive

1. ETF Speculation & Regulatory Hurdles (Mixed Impact)

Overview: ETHW has been flagged as a candidate for future crypto ETFs (Cryptonewsland), but regulatory clarity around Proof-of-Work assets remains sparse. Recent Ethereum ETF outflows ($1.3B in 8 days ending November 2025) highlight institutional caution.
What this means: While ETF approval could attract short-term speculative buying, ETHW’s lack of institutional advocacy (vs. ETH) and regulatory headwinds for energy-intensive coins limit upside potential.

2. Altcoin Liquidity Crunch (Bearish Impact)

Overview: Bitcoin’s 58.65% market dominance (as of December 2025) and the “Fear” sentiment index (21/100) have starved altcoins of capital. ETHW’s 24h volume fell 10.9% to $6.58M, with a turnover ratio of 0.111 – signaling thin, unstable markets.
What this means: In risk-off environments, ETHW faces disproportionate selling pressure due to its low liquidity and lack of unique utility compared to Ethereum or newer L1 chains.

3. Technical Breakdown (Bearish Momentum)

Overview: ETHW trades 58.8% below its 200-day EMA ($1.34) and broke key Fibonacci support at $0.613. The RSI (32.2 on 7-day) suggests oversold conditions, but MACD remains negative (-0.067).
What this means: While a dead-cat bounce to $0.774 (38.2% Fib) is possible, the 90-day -64% drop and lack of bullish divergences favor continued downside toward $0.528 (swing low).

Conclusion

ETHW’s price hinges on speculative ETF narratives clashing with weak fundamentals and a hostile macro climate for altcoins. Traders should monitor ETF application timelines and Bitcoin dominance shifts. Can ETHW’s PoW loyalists sustain network activity if ETF hopes fade?