Ethereum Price Faces Record Selling Spree in 3 Months, Is Rebound Likely?

Ethereum (ETH) continues to trade below $2,000 for the fourth consecutive day as the cryptocurrency faces a record selling spree.  The outlook for ETH is unlikely to change anytime soon, as indicated by the Net Taker Volume on-chain metric. So, expecting an Ethereum price bounce here, especially if Bitcoin (BTC) continues to trend lower, is highly unlikely.

Ethereum Price Today

Ethereum price today is down 1.71% and currently trades at $1,931. ETH’s year-to-date performance stands at -42%, showing that the lackluster and bearish price action of 2024 has spilled over to 2025. The upcoming staking approval from the US Securities and Exchange Commission (SEC) could be a catalyst that could trigger an uptrend, provided the overall crypto market outlook remains bullish.

Taker Volume Notes Record Selling Spree

According to CryptoQuant data compiled by Maartunn, the 30-day average of Net Taker Volume continues to drop, illustrating investors’ bearish outlook on Ethereum. This outlook also explains ETH’s 2025 YTD performance.

Taker volume refers to the trading volume generated by “takers,” market participants who execute orders immediately by taking liquidity from the order book via market orders instead of limit orders.

Typically, a massive downtick in the taker volume indicator often coincides with potential bottoms that lead to quick, short-term reversals. However, this outlook is possible if the Bitcoin price and the macroeconomic conditions stop being bearish.

Should You Buy ETH Here?

According to AlphaExtract’s Global Liquidity Bands, ETH price has tagged the lower band, flashing a buy signal. The last time this indicator flashed a buy signal was in August 2024, which was followed by a four-month consolidation, followed by a parabolic rally to $4,000.

Will history rhyme? Should you buy ETH here? The chances of a potential rebound and bullish Ethereum price forecast here are good, but a better probability would be when Bitcoin price forms a stable bottom and stops crashing.

Key Support and Resistance Levels to Watch

Based on the weekly chart, the breakdown of the $2,000 to $2,200 support level has flipped it into a resistance zone. ETH price has already retested the $1,756 support level, a breakdown of which could lead to a revisit of $1,633, which has not been tagged since October 2023. In some cases, ETH’s value could also revisit $1,500.

On the other hand, a flip of $2,000 resistance level would allow ETH price to revisit $2,600, $2,768 and $3,000 blockades, all of which need to be overcome for a sustained uptrend.

Ethereum’s current outlook remains bearish, with on-chain metrics suggesting a continued downtrend, but a potential buy signal has been flashed, offering a glimmer of hope for a rebound.

Frequently Asked Questions (FAQs)

1. What is the current outlook for Ethereum (ETH) based on on-chain metrics?

The Net Taker Volume on-chain metric suggests a bearish outlook for ETH, making a bounce unlikely, especially if Bitcoin continues to trend lower.

2. What is the significance of Ethereum's record selling spree?

The 30-day average of Net Taker Volume continues to drop, illustrating investors' bearish outlook on Ethereum and explaining its poor 2025 YTD performance.

3. Should investors buy ETH at current levels?

While a buy signal has been flashed based on Global Liquidity Bands, a better probability of a rebound would be when Bitcoin forms a stable bottom and stops crashing.

✓ Share:

• Trending
• Price Analysis

• Fidelity, Grayscale, VanEck Dump Ethereum Amid ETH Price Crash
• Ethereum Treasury Firm SharpLink Confirms Compliance Amid Nasdaq Oversight
• Trump Media Acquires 684M CRO for Cronos Treasury, Strikes Deal with Crypto.com
• SEC and CFTC To Host Roundtable To ‘Harmonize’ Regulatory Frameworks for Crypto
• Hyperliquid Announces Plans to Launch USDH Stablecoin, HYPE Price Climbs

• Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut
• ETH Price Forecast as Grayscale’s Covered Call Ethereum ETF Spurs Optimism — Is $8,500 in Sight?
• Bitcoin Price Prediction as SEC Unveils Agenda for Crypto Regulation — Is $200K Next?
• ONDO Price Prediction Amid Bitget Collaboration on Tokenized Stocks and ETFs: Is $2 Next?
• Dogecoin Price Forecast as REX Osprey ETF Sparks Hype — Is $5 Within Reach?

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Akash Girimath

Senior Cryptocurrency Analyst & Market Strategist Engineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts. A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise. Known for mentoring analysts and optimizing workflows for high-impact reporting, Akash’s work is cited across global crypto publications, reaching 500k+ monthly readers. Follow his insights on YouTube, X, and LinkedIn for cutting-edge perspectives on decentralized ecosystems and crypto innovation.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.