The price of Ethereum had quite a rough performance over the past week, falling from its usual range above the $4,600 level to below $4,500. Despite the injection of bullish momentum into the market by the US Federal Reserve’s interest rate cut, the “king of altcoins” failed to sustain its rally back to the $4,600 region. According to the latest on-chain data, the Ethereum price could be gearing up for an even longer time in the cold, as investors seem to be turning away from the second-largest cryptocurrency by market cap. The question, though, is how deep the price of ETH will fall in the coming weeks? ETH Price At Risk Of Return To $1,500? In a recent post on the social media platform X, pseudonymous crypto analyst Darkfost revealed that the Ethereum investors might be flooding out of the market at the moment. This observation is based on the recent downturn in the ETH Taker Buy-Sell Ratio on the world’s largest crypto exchange by trading volume. Related Reading: Analyst Says XRP Price Not Reaching $10+ Due To Market Cap Is Irrelevant The Taker Buy-Sell Ratio is an on-chain indicator that compares the proportion of the taker buy volumes to the taker sell volumes on crypto exchanges. When the value of this metric is greater than one, it signals that the taker buy volume is higher than the taker sell volume on a crypto exchange. This trend typically points to the willingness of more traders to purchase coins at a higher value on the trading platform. Meanwhile, a less-than-one value for the Taker Buy-Sell Ratio typically means that the taker sell volume is higher than the taker buy volume on the exchange. Ultimately, this low value indicates that more sellers are offloading their assets at a lower price, precipitating bearish pressure in the market. According to data from CryptoQuant, the Ethereum Taker Buy-Sell Ratio fell below the 1 threshold to around 0.87 on Friday, September 19. This latest decline marked the third time this metric has fallen this low so far in 2025. As observed in the above chart, Darkfost noted that the indicator fell as low as 0.85 in January and February 2025. This ratio decline coincided with the bearish trend, during which the price of Ethereum fell to around the $1,500 region. As of the time of publishing their post on X, Darkfost revealed that the 7-day average of the Taker Buy-Sell Ratio stood at 0.93, which is still short of the 1 threshold. The on-chain analyst concluded that while the Ethereum price is looking to break above the $5,000 milestone, more investors seem to be increasingly betting against the altcoin’s rally. Although it is highly unlikely to see a downturn similar to the one in 2025’s first quarter, the latest on-chain events suggest that the price of ETH could still face some bearish pressure in the coming weeks. Ethereum Price At A Glance As of this writing, the price of ETH stands at around $4,475, reflecting a mere 0.4% leap in the past 24 hours. Related Reading: Bitmine’s Ethereum Appetite Grows With Fresh $70 Million Buy Featured image from iStock, chart from TradingView
Ethereum (ETH) has been facing heightened volatility over the past week, following a sharp correction from its recent local high at $3,940 down to $3,360. After weeks of aggressive buying activity and bullish momentum, the market is now showing signs of fatigue. Analysts are growing cautious, with many warning that a deeper correction could be imminent if Ethereum fails to reclaim key support zones. Related Reading: Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact Adding to these concerns, fresh data reveals a significant shift in market dynamics. The taker buy/sell ratio — a key indicator that tracks the aggressiveness of buyers versus sellers — has sharply declined into negative territory today. This signals that sellers are currently dominating the order books, applying sustained pressure on ETH’s price action. While some view this as a typical cooldown phase after a major rally, others believe Ethereum is entering a riskier phase where bearish sentiment could intensify if support fails to hold. The coming days will be critical in determining whether ETH stabilizes around current levels or slides further into correction territory. Ethereum Faces Short-Term Selling Pressure According to top analyst Darkfost, Ethereum’s taker buy/sell ratio has dropped sharply into negative territory today, reaching 0.87—one of the lowest levels recorded since the start of the year. This metric, which measures the ratio of aggressive buyers to sellers in futures markets, reveals that selling pressure is now firmly in control of ETH’s order books. Although today’s data is still incomplete, the current reading already indicates a dominance of sell orders on Ethereum futures. Darkfost notes that this shift has been developing for several weeks. Since July 18th, the taker buy/sell ratio has been mostly negative, which correlates with Ethereum’s recent inability to break through key resistance levels and its transition into a short-term consolidation phase. While this may seem concerning for bullish traders, Darkfost emphasizes that such consolidations are a normal part of market cycles, especially after a strong rally. He suggests that Ethereum could face a challenging period in the short term, as market sentiment remains fragile and sellers continue to control intraday movements. Related Reading: Bitcoin Investors Selling More Aggressively As Bull Cycle Matures: Risk Appetite Fades? However, this phase might offer a healthy foundation for the next leg up. If Ethereum manages to stabilize and consolidate above critical support zones, the broader trend remains favorable. Long-term fundamentals, including on-chain accumulation and growing institutional interest, still point toward upside potential once this phase of selling pressure eases. Price Analysis: Bulls Attempt Recovery After Sharp Decline Ethereum is currently trading at $3,654.60, attempting to stabilize after a sharp correction from its recent highs around $3,940. The 4-hour chart shows a recovery bounce that met resistance near the 50-period SMA (currently at $3,668.28), signaling that bulls are facing strong selling pressure at this level. Despite the bounce, ETH remains below the key horizontal resistance at $3,860.80, which has capped multiple upward attempts in recent weeks. The bullish attempt to reclaim momentum earlier today was rejected near this level, leading to a quick retracement back into the $3,600-$3,650 zone. The 100-period SMA (green line) at $3,695.32 is acting as dynamic resistance, while the 200-period SMA (red line) at $3,303.42 serves as a longer-term support level should the correction deepen. Related Reading: Bitcoin Inflows To Binance Accelerate: Investor Behavior Shifts After Months Of Decline Volume spikes indicate that buyers are stepping in aggressively on dips, but overall, Ethereum remains in a short-term consolidation phase between $3,850 and $3,350. A decisive breakout above $3,860.80 is required to regain bullish momentum, while failure to hold above $3,600 could expose ETH to another retest of lower support levels around $3,300-$3,350. Featured image from Dall-E, chart from TradingView
The Ethereum price appeared to be finally gearing for a strong bullish breakout after multiple weeks of disappointing and sluggish action. However, this bullish dream ended almost immediately after it started as nearly $1.5 billion worth of ETH tokens were drained from the ByBit exchange. Ethereum, which traded as high as $2,840 earlier on Friday, February 21, dropped towards $2,600 on the back of news of the ByBit hack. Interestingly, recent on-chain data suggests that the altcoin’s price could still make its way to $4,000 before the end of this cycle. Could ETH Price Still Record A 60% Rally This Cycle? In a Quicktake post on the CryptoQuant platform, an analyst with the pseudonym Crypto Sunmoon identified a particular bullish divergence that offers insight into the Ethereum price performance in the near future. This bullish observation is based on recent movements of ETH’s “taker buy/sell ratio” across all exchanges. Related Reading: Dogecoin Price On The Edge: Breakout Or Breakdown—What’s Next? This metric measures the taker buy and taker sell volumes for a specific cryptocurrency (Ethereum, in this case). When the taker buy/sell ratio is greater than one, it implies that the taker buy volume is higher than the taker sell volume. This is typically considered a bullish signal, indicating the willingness of investors to pay a higher price for an asset. On the contrary, a less-than-one taker buy/sell ratio indicates that sellers are overwhelming the buyers in the market. This scenario suggests that more sellers are willing to offload their assets at a lower price, signaling a bearish shift in investor sentiment. Crypto Sunmoon noted that the 100-day exponential moving average (EMA) of the Ethereum taker buy/sell ratio on all exchanges has been rising in recent weeks. The Ethereum price, on the other hand, has been declining since mid-December. According to the analyst, this divergence is positive, as it indicates that a bearish trend has ended and an upward trend could be starting. The last time this bullish divergence occurred, the Ethereum price traveled from beneath $2,500 to above $4,000 (over 60% rally). While investors would view a reclaim of $3,000 as a victory for Ethereum, history and this bullish divergence suggest that the altcoin’s price could still climb toward the $4,000 mark before the end of the current cycle. Ethereum Price At A Glance As of this writing, the price of Ethereum stands around $2,650, reflecting a nearly 4% decline in the past 24 hours. Related Reading: More Pain Ahead For Solana? Dangerous Price Drop To $125 Looms With This Support Retest Featured image from iStock, chart from TradingView
Ethereum, the second-largest cryptocurrency by market capitalization, had a lackluster 2024, underperforming against Bitcoin and many altcoins throughout the year. However, as 2025 begins, Ethereum is starting to show signs of recovery, gaining over 10% in less than a week. This early surge has rekindled hope among investors and analysts who see potential for a strong performance this year. Related Reading: Dogecoin Explodes Overnight – Price Action Suggests Fresh Highs Above $0.50 Top analyst Maartunn recently shared insightful data highlighting an ongoing trend of aggressive shorting in Ethereum markets. According to Maartunn, taker sellers have been dominating the market, outpacing taker buyers by over $350 million daily. This aggressive shorting could explain Ethereum’s poor performance in 2024, as constant selling pressure likely suppressed upward momentum. With the new year’s optimism, many believe this shorting trend may begin to shift, creating conditions for Ethereum to reclaim its position as a market leader. As the altcoin leader pushes past its challenges, the coming weeks will be critical to determine whether this early rally marks the beginning of a more sustained upward trend. Investors are closely watching Ethereum, anticipating that a reversal of these bearish trends could lead to a stellar 2025 for the network. Ethereum Rising Amid Aggressive Shorting Trends Ethereum is attempting to push above its 2024 high, but a decisive breakout remains elusive. Recent price action indicates the potential for a rally, with ETH posting early gains in 2025. However, the path forward isn’t clear-cut, as significant selling pressure continues to weigh on the altcoin leader. Top analyst Maartunn recently shared insightful data from CryptoQuant, shedding light on the current market dynamics. According to the data, Ethereum is experiencing aggressive shorting, with taker sellers dominating trading activity. Over $350 million more in sell-side pressure than buy-side activity is recorded daily, creating a challenging environment for ETH to break free from its current range. This trend, while suppressing prices in the short term, can’t last indefinitely. Market cycles often see such aggressive shorting as a precursor to a reversal, as sellers run out of momentum and buying pressure begins to build. Long-term investors are reportedly eyeing this phase as an opportunity, positioning themselves to capitalize on Ethereum’s relatively low prices. Related Reading: Solana Breaks Above Daily Downtrend – Analyst Expects New ATH Soon As Ethereum navigates these dynamics, the next few weeks will be crucial. A clean breakout above last year’s high could signal the start of a broader rally, attracting renewed interest and potentially reversing the ongoing shorting trend. For now, ETH remains at a pivotal juncture. Price Testing Crucial Levels Ethereum is trading at $3,650 after a robust start to 2025, gaining significant traction in the early days of the year. The price recently broke above the 4-hour 200 EMA with impressive strength, a technical indicator often viewed as a critical threshold for long-term trends. ETH is now testing the 200 MA on the same timeframe, a level that could confirm the bullish trend if reclaimed and held as support. A strong daily close above the 200 MA would solidify Ethereum’s upward momentum, potentially paving the way for a massive rally to challenge and surpass last year’s highs. Such a move would likely reinvigorate market sentiment and attract additional buying pressure, driving Ethereum to new levels in the near term. Related Reading: Chainlink Tunrns Resistance Into Support – ATH Next? However, the bullish outlook is not without its risks. If Ethereum fails to hold the 200 MA as support, the market could witness a renewed wave of selling pressure. This would likely push ETH back toward lower levels, eroding recent gains and prolonging its battle to regain upward momentum. Featured image from Dall-E, chart from TradingView
Ethereum has surged by 2.75% in the past day as the crypto market continues to experience a general price rebound in 2025. Notably, data from Ethereum investors’ activity shows a corresponding rise in bullish sentiments with anticipation of a sustained uptrend in the short term. Related Reading: Ethereum Predictions 2025: Expert Shares His Projections Ethereum […]