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Ethereum faced heightened selling pressure for a lengthy period due to the volatility in the broader crypto market, causing its price to undergo a sharp pullback close to the $1,400 mark. However, recent trends show that ETH seems to be entering a calmer phase as bulls are gradually taking control of the market in anticipation of a rebound.

Decreasing Ethereum Sell-Side Pressure On Binance

Although Ethereum’s price has declined sharply below key support levels, investors’ sentiment is starting to shift toward a more positive outlook. A report from Darkfost, an on-chain data and technical expert, reveals bullish behavior from investors on one of the world’s largest cryptocurrency exchanges, Binance.

As reported by Darkfost, ETH is showing early signs of a potential turnaround to a calmer phase on Binance, as selling pressure appears to be slowly fading. This suggests a decrease in the amount of ETH being offloaded by traders and investors on the platform, marking an encouraging moment for the altcoin and its price trajectory.

The drop in sell-side pressure on the crypto exchange is a sign that bears or sellers are losing control of the market after a period of intense downward movement in ETH’s price. Darfost revealed the development after a thorough examination of the Ethereum Taker Buy Sell Ratio metric on Binance. 

Specifically, the taker buy-sell ratio is a key metric that compares the volume of buy orders to the volume of sell orders in the order book. Furthermore, it aids in visualizing the prevailing tendency, which appears to be changing at the moment.

A 7-day Simple Moving Average (SAM) view of the taker buy-sell ratio shows that the volume has flipped into positive territory, rising above level 1. Looking at the chart, the recent move above the level marks the third time since the beginning of this year, indicating investors’ resilience in volatile periods.

In the meantime, the easing selling pressure may act as a launchpad for price stabilization or a price recovery in the short term as bullish momentum picks up. Darkfost highlighted that it might contribute to the formation of a bottom and, at the very least, temporarily stop the bloodbath in Ethereum if the pattern persists.

However, the expert noted that the trend is still too weak to make any clear conclusions, even though it is an encouraging sign for Ethereum’s price dynamics. Thus far, Investors are closely monitoring whether bulls can take advantage of the change and propel ETH toward a short-term recovery.

ETH Breaks Out Of A Multi-Year Pattern

The easing selling pressure might have raised the possibility of ETH experiencing a rebound in the short term. However, the altcoin‘s pullback is more likely to extend after its recent drop below a key chart pattern.

Following his examination of Ethereum’s price action, Ali Martinez, a seasoned crypto analyst, has identified a massive multi-year Triangle formation, which ETH has fallen below. According to the analyst, its break below the pattern would lead to an extension of the ongoing pullback, with ETH dropping as low as $1,105 in the upcoming months.

Featured image from Unsplash, chart from Tradingview.com

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Ethereum has extended its downtrend, setting fresh lows around $1,400 — a level not seen since early 2023. The continuation of selling pressure has shaken market sentiment, with many investors fearing that the worst is still ahead. Ethereum, down over 65% from its 2024 highs, has failed to find a solid support level amid broad market weakness and growing macroeconomic uncertainty.

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Despite the bearish outlook, some analysts believe a turning point may be near. According to top analyst Ted Pillows, Ethereum is now deep in a capitulation phase. He suggests that while there may still be one final 5%–10% dump left in the tank — particularly given the recent weakness in equities — the broader market structure may be setting the stage for a rebound.

Pillows points to a potential Federal Reserve pivot as a key catalyst. With traditional markets under pressure and volatility rising, a shift in monetary policy could bring relief. Historically, changes in the Fed’s stance have provided a strong boost to risk assets. If support from policymakers emerges, Ethereum could stabilize and begin recovering from its recent lows — but not before weathering one last wave of fear and uncertainty.

Ethereum Capitulation Deepens, But Fed Pivot Could Spark Rebound

Ethereum is trading at $1,450 after suffering a sharp 20% decline in just hours, marking one of its steepest drops this year. The panic-driven selloff has shaken investor confidence, with fear now dominating the market. Ethereum, once expected to lead the altcoin rally in 2025, has failed to deliver on those expectations. Instead, it continues to disappoint as bearish momentum builds and selling pressure intensifies.

Wider market conditions are adding to the pain. Trade war tensions, policy uncertainty from the US President Donald Trump administration, and mounting fears of a global recession are dragging both equities and crypto lower. With the S&P 500 already down sharply, the fear of a broader financial contagion is rising.

Pillows’ analysis supports that Ethereum’s current plunge reflects a full-blown capitulation. However, he suggests that the market could be nearing a turning point. “Maybe there’s one last dump left, but after that, it’ll bounce,” Pillows said. The key reason? A likely pivot from the Federal Reserve.

Pillows points to a potential Federal Reserve pivot as the catalyst. With the S&P 500 down over 10% in just two days and volatility rising, any further drop could force an emergency Fed response. Historically, rate cuts and renewed quantitative easing (QE) have been bullish for risk assets like Ethereum. If a pivot arrives, Ethereum could quickly bounce from current levels — but only after one final shakeout.

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Ethereum Slides To $1,410 As Bears Maintain Control

Ethereum has plunged to $1,410 after losing the crucial $1,800 support level, triggering a wave of aggressive selling and panic across the market. With no clear support zone immediately below current levels, bearish momentum appears firmly in control as ETH struggles to find footing. The breakdown below $1,800 marked a major technical failure, erasing confidence among traders and accelerating downside pressure.

For now, the path of least resistance remains to the downside. If sentiment doesn’t stabilize soon, Ethereum could continue sliding into lower demand zones, possibly retesting levels not seen since early 2022. The lack of a defined support structure beneath current prices leaves ETH exposed to more volatility in the near term.

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However, hope remains for a recovery — but it hinges on a swift reclaim of the $1,800 level. A strong bounce back above this mark could signal that capitulation is complete and invite renewed buying interest from sidelined investors. Until then, Ethereum remains vulnerable, and any upside attempts will likely face resistance unless backed by broader market strength or a decisive macro shift. Bulls have a narrow window to flip the momentum before deeper losses set in.

Featured image from Dall-E, chart from TradingView 

Ethereum is facing renewed downward selling pressure, with the entire crypto market entering a fresh downtrend in the past 24 hours. This renewed selling pressure has seen the Ethereum price lose a strong support level at $1,800, causing it to fall by about 14.5% from its price 24 hours ago at the time of writing. 

The trading trend shows that the Ethereum price is about to break below $1,500, with one analyst even suggesting a potential break to $1,000. Yet, despite the sharp decline, technical patterns suggest the possibility of Ethereum revisiting much higher price levels upwards to $3,933, specifically to fill multiple CME futures gaps that are still open above.

Ethereum Breaks Below Key Support, Larger Breakdown Ahead

The loss of the $1,800 support has strengthened the bear case for Ethereum, especially amid broader weakness in the altcoin market. One of the more blunt takes comes from crypto analyst Andrew Kang, who argued that the price of Ethereum is actually overvalued. He described Ethereum’s $215 billion market cap as “ridiculous” for what he calls a “negative growth/profitability asset.” 

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According to Kang, the momentum of speculative winds that used to ignite Ethereum’s price surge has run dry, and a revisit of the $1,000 to $1,500 zone is not only likely but overdue. What adds weight to Kang’s warning is how quickly the market appears to have validated his concerns. 

Since his statement, Ethereum’s market cap has dropped significantly, sliding to $186.5 billion at the time of writing. Although the decline is due to other market factors, the pace and depth of this decline suggest that investor confidence in Ethereum may be lower than expected, with no immediate signs of reversal in sight. If bearish pressure continues, Ethereum could soon find itself trading at the lower end of Kang’s projected range at $1,000.

CME Gaps Above $2,500 Offer A Technical Outlook For Rebound

Even as price action trends lower, Ethereum’s CME futures chart tells a different story. Titan of Crypto pointed out that three distinct CME gaps are unfilled above the current market level. These include a gap between $2,550 and $2,625, another between $2,890 and $3,050, and a partially filled third gap between $3,917 and $3,933. 

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The CME gap theory is rooted in the observation that asset prices often return to fill these voids, even if the move takes weeks or months. In the case of Ethereum, the odds of a return to the CME gaps are very low in the short term.

However, considering Q2 2025 is only just starting, there is still enough time to witness the buying pressure needed to fill these levels before the end of the year. At the time of writing, Ethereum is trading at $1,540, down by 14.5% in the past 24 hours.

Featured image from Unsplash, chart from Tradingview.com