Ethereum is below the $3,700 level after increasing volatility and uncertainty. Recent price action reflects the Bulls’ clear struggle to protect key demand zones as bearish momentum continues to dominate short-term trends. Despite multiple rebound attempts, Ethereum was unable to regain critical resistance levels, raising concerns for a potential deeper correction in the short term.
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However, strong fundamentals such as increased institutional adoption, network growth and broader market development continue to support Ethereum’s bullish papers over the coming months. The tailwinds of these structures suggest that current weaknesses may be part of a healthy integration phase prior to the next major upward movement.
Top analyst Maartunn shares key insights that reveal the sudden negative Ethereum Net Taker volume (everyday) and shows sell-side advantage Pressure. This metric quantifies differences in market buying and selling orders and provides a clear view of current sentiment among active traders.
Ethereum Net Taker Volume Signals Show Unbearable Domination
Top Analyst Maartunn shared critical insight Regarding Ethereum’s current market dynamics, it emphasizes that ETH’s net Taker volume is – $408.88 million (daily) per day. The figure shows that taker sellers offloaded around 115,400 ETHs than the buyers would be willing to absorb in market orders. Nettaker volume measures differences in buying and selling volumes run at market prices and directly looks at the aggression of traders who prioritize immediate execution over optimal pricing.
This negative net taker volume reflects the fact that market participants with bearish outlook dominate the order form and are actively pushing sell orders into the market. The action shows that sellers aren’t waiting for a better price, highlighting serious short-term bearish pressures that allow them to weigh Ethereum prices for the time being.
But this bearish signal comes after weeks of intense bullish momentum when Ethereum surged aggressively and reached a local high of $3,940. Given this context, some analysts interpret current sales pressures as a sound revision rather than a reversal of structural trends.
Despite the negative volume of nettakers, the long-term foundations of Ethereum include institutional accumulation, network growth and broader adoption trends – remains intact. The current bearish dominance in the futures market serves as a short-term attention signal, but it has not yet suggested a collapse of Ethereum’s overall bullish structure. Analysts will closely monitor whether ETH can maintain stable and maintain key support levels in the coming days.
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ETH Price Analysis: Integration of Sub-Critical Resistance
Ethereum (ETH) is trading at $3,624.67 after a volatile week of unstable pullbacks and breakout attempts. The daily chart shows ETH struggles to regain critical resistance levels at $3,860.80. Despite bounces off the local low of nearly $3,360, the Bulls find it difficult to maintain momentum beyond the $3,700 zone.
The 50-day moving average (MA) of $3,059.75 continues to lean upwardly, reflecting long-term bullish trends, with 100-day MA as a major support zone of $2,742.48 and 200-day MA of $2,503.32. However, in the short term, price action suggests that ETH will produce a bearish bias and weaken bullish momentum as it forms a lower highest.
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Trading volumes remain medium and there is no need for surge to drive Ethereum beyond resistance. If ETH cannot immediately retrieve the $3,860 level, a retest of the $3,360 support zone could be placed on the card. Conversely, a strong daily closure above $3,860 indicates a potential continuation of the uptrend.
Dall-E special images, TradingView chart
