Ethereum has been sliding sharply as bearish technical patterns collide with fragile macro sentiment, raising renewed debate around what is the best crypto to buy during periods of downside risk.
ETH has already dropped close to 40% from its yearly peak and has been threatening a move toward the $2,600 zone despite fresh institutional validation.
While JPMorgan has launched its first onchain fund on Ethereum, price structure has continued weakening, forcing investors to reassess exposure. Against this backdrop, attention has been shifting toward Mutuum Finance (MUTM), increasingly discussed as the best crypto to buy now as capital rotates toward early-stage opportunities with defined growth paths.
Ethereum Bearish Structure Overshadows Institutional Progress
Ethereum has been extending losses for a second consecutive session, trading near levels last seen earlier in December. Daily chart structure has been flashing warning signs, as price action has been carving out a bearish flag pattern that began forming after the October peak. Recent movement below the lower boundary of this pattern has been increasing the probability of further downside, with technical projections clustering around the $2,620 to $2,500 range.
Momentum indicators have been reinforcing caution. Sellers have remained active even as long-term fundamentals improve, creating a disconnect between price and network adoption. A break below $2,620 would likely intensify selling pressure, while only a decisive move back above the flag structure would neutralize the bearish setup and reopen a path toward $4,000. This tension has been keeping investors alert to newcomers like Mutuum Finance (MUTM), which has been seen as the best crypto to buy today.
Mutuum Finance Presale Draws Long-Term Capital
Mutuum Finance (MUTM) has been gaining momentum as investors search for the best crypto to buy outside large-cap volatility. The project’s presale has been progressing through a structured, phase-based model, and Phase 6 has now reached 98% allocation. The current entry price of $0.035 has been rapidly disappearing as demand accelerates ahead of the next phase.
In a separate sentence, the presale has raised $19,500,000 since launch, while total MUTM holders since presale began have reached 18520. Current pricing reflects a 250% increase from the Phase One level of $0.01, highlighting steady valuation growth. Phase 6 has been selling out fast, and the opportunity to acquire tokens at $0.035 has been narrowing as Phase 7 approaches with a near 20% increase to $0.04. The MUTM launch price has been set at $0.06, positioning current buyers for a projected 410% return after launch.
V1 Protocol Timeline Strengthens Visibility
Mutuum Finance (MUTM) has been advancing beyond fundraising by confirming a clear development timeline. The team has announced that the V1 protocol will debut on the Sepolia testnet in 2025, marking the project’s first operational milestone. Initial functionality will include a liquidity pool, mtToken issuance, debt tokens, and a liquidator bot, with ETH and USDT serving as the first supported assets.
This step has been reinforcing confidence among long-term participants evaluating what is the best crypto to buy under current conditions. Progress toward deployment has been separating Mutuum Finance (MUTM) from purely speculative tokens, especially as uncertainty surrounds larger networks.
Buy And Distribute Model Adds Structural Demand
Mutuum Finance (MUTM) has also been differentiating itself through its buy and distribute model, designed to align protocol activity with token demand. Part of the platform’s fee revenue will be used to purchase MUTM tokens from the open market and redistribute them to mtToken stakers. This mechanism directly links ecosystem usage to sustained buying pressure.
Engagement features have been supporting visibility. A live dashboard now tracks the top 50 holders, while a 24-hour leaderboard rewards the top-ranked participant with a $500 MUTM bonus, provided at least one transaction is completed within the daily window. The leaderboard resets at 00:00 UTC, maintaining continuous interaction. Security efforts have also been ongoing, as Halborn Security continues reviewing Mutuum’s lending and borrowing contracts, with code finalized and under formal analysis.
Ethereum’s bearish setup has been highlighting how even strong fundamentals can struggle against negative technical momentum. As ETH risks deeper retracement toward $2,600, investors have been reallocating toward projects offering fixed pricing, visible progress, and early-stage upside. Mutuum Finance (MUTM) has been standing out in that rotation, increasingly framed as the best crypto to buy now as its Phase 6 presale nears completion and pricing certainty fades.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.