Ethereum Consolidation Continues As Taker Buy/Sell Ratio Reaches Critical Levels

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Ethereum (ETH) price has been all over the place lately. From $4,220 down to about $3,780 now. Not great. The strong buying we saw earlier this year? Seems to be fading as the market settles into this weird holding pattern.

Market watchers are getting nervous. ETH might drop more if support breaks. Who knows?

Something’s changed in the market dynamics. The taker buy/sell ratio has tanked into negative territory. Sellers dominating now. Creating constant downward pressure.

Some folks think this is just normal consolidation after the big rally. Others aren’t so optimistic. ETH might be heading into rough waters. The next few days? Kind of crucial for determining where things go.

ETH Under Selling Pressure

Cryptocurrency analyst Darkfost points out ETH’s taker buy/sell ratio has plunged to 0.91—one of 2025’s lowest readings so far. This metric shows the relationship between aggressive buyers and sellers in futures markets. Selling has taken over.

Today’s data isn’t fully in yet. Still, sell orders clearly dominate ETH futures trading. This trend’s been building since mid-August. The ratio’s mostly stayed negative. Makes sense why ETH can’t break through resistance levels.

Bullish traders might feel concerned short-term. But Darkfost reminds us that consolidation happens naturally after big upswings. ETH faces headwinds right now. Sentiment’s fragile. Sellers control daily moves.

Yet if ETH holds above key support? Long-term outlook isn’t terrible. On-chain accumulation continues. Institutions still buying in. Upside potential remains once this selling wave passes.

Price Analysis: Recovery Attempts Amid Correction

ETH trades at $3,780 now. Trying to stabilize after falling from that $4,220 high. Looking at the 4-hour chart, recovery attempts hit resistance at the 50-period SMA ($3,825). Buyers just can’t push through.

The modest bounce failed to reach $3,950—a level that’s repeatedly blocked upward moves lately. Today’s bullish attempt got rejected there again. Back to the $3,750-$3,800 range.

The 100-period SMA sits at $3,865, acting as resistance. If things get worse, the 200-period SMA at $3,580 might offer support.

Trading volume shows buyers jump in during dips. But ETH remains trapped between $3,950 and $3,600. It needs to break above $3,950 to get bullish again. Falling below $3,750? Not good—might test those lower supports around $3,550-$3,600.

ETH-1.54%
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