Highlights
Ethereum price has retraced sharply after failing to hold above $4,700, raising new market concerns. The price has slipped to $4,335, marking a 4.35% daily decline, highlighting rising bearish outlook. The selling pressure has been rising as profit-taking accelerates among whales, adding weight to the correction. Technicals indicate that $4,000 is a key level that may be retested before any potential recovery.
The daily timeframe chart highlights how Ethereum price has failed to sustain its recent upward strength. The price has fallen off highs above $4,700 to the $4,300 level. Ethereum remains supported by an ascending trendline, yet pressure is clearly building near the key $4,000 level.
The Stochastic RSI currently is at 36, implying reduced buying strength and suggesting ETH could revisit lower levels before making recovery. The key resistance is close to 4,800, while support holds strong at $4,000, which is a critical area.
Therefore, as profit-taking escalates, Ethereum price may retest this support before moving up. This balance between pressure and resilience shapes Ethereum price prediction 2025 into a high-stakes scenario.
The Ethereum price is still under downtrend pressure and this pullback is an indication of market caution following the recent bull run. The setup highlights a potential drop to $4,000 before buyers attempt another rebound.
However, provided the support prevails, ETH may revisit the $5,000 zone once more, but the lack of strength in the present demand makes such a direction more challenging. The trendline is intact, though its proximity to the support level poses an additional risk of a breakdown.
Lookonchain post on X platform points out that whales have had a great impact on the existing market trend. One legendary trader closed all 66,749 ETH longs at $303 million and made a profit of $6.86 million after a long-term run.
In the meantime, another swing trader panic-sold 2,277 ETH worth $9.57 million at $4,203 making a profit of $4.04 million, even with the high on-chain slippage. These exits increased market tension, which gave more bearish tilt and undermined buyer conviction.
Additionally, the sell pressure is confirmed by Spot Taker CVD, which indicates that sellers have been in firm control in previous sessions, according to CryptoQuant analytics. Therefore, the combination of whale profit-taking and persistent sell-side pressure continues to drag ETH lower.
Retail demand has therefore failed to counter the effects of these exits. However, increased institutional accumulation may counter this effect. But as of now, this synchronized selling wave supports the probability of Ethereum retracing to $4,000 before the bulls take over.
Conclusively, Ethereum price remains under pressure as whales continue taking profits as selling activity dominates. The $4,000 support area has become the most important level that might dictate the short term direction. The high selling interest is an indication that bears are still confident to drive the market down. Thus, ETH can test the level of $4,000 again, before any sustainable recovery effort.
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