Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum Bullish Trend Faces Immediate Downside Risk

Ethereum Bullish Trend Faces Immediate Downside Risk

Coinlive2025/08/07 17:55
By:Coinlive
Key Points:
  • Ethereum faces downside risk as sell-side dominance increases.
  • Analysts note negative buy/sell ratio.
  • Key support at $3,630 is crucial for ETH.
Ethereum Faces Downside Risk Amid Sell-Side Dominance

Ethereum’s bullish market structure faces challenges as on-chain and order book data indicate potential risks for further decline, causing concern among ETH holders.

Analysts highlight a negative order book imbalance, suggesting seller dominance, which might impact ETH and DeFi assets if support levels are breached.

Ethereum’s current bullish structure is under threat, with order book and on-chain data signaling potential downside risk. Discussions among developers and analysts emphasize the need for caution despite no official panic statements.

Core participants, including protocol developers, have not commented on price weakness. Analysts such as Darkfost highlight a decreasing buy/sell taker ratio, indicating that sellers dominate the market, increasing pressure on Ethereum.

Market analysts underscore the significance of this imbalance. If key support at $3,630 fails, there could be a notable impact on both Ethereum and related DeFi assets.

The current sentiment remains cautious, but funding rates on large exchanges have turned slightly negative, indicating bearish positioning without panic selling. ETH currently stands at $3,692, according to recorded metrics. Ethereum Price Prediction and Analysis

Previous instances of negative buy/sell ratios have led to local market corrections. The current scenario could result in similar outcomes, underscoring the heightened focus on Ethereum’s stability.

Historical data suggests that token and DeFi protocol stakeholders may encounter adjustments if the bearish momentum persists. Analysts continue to monitor order books and on-chain movements for further insights.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

New spot margin trading pair — TOWNS/USDT!

Bitget Announcement2025/08/07 09:07

CandyBomb x TOWNS: Trade futures to share 675,000 TOWNS!

Bitget Announcement2025/08/07 08:00