Ethereum Price Plummeting: Bears Roar While Traders Yawn! 🐻📉

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Key Takeaways:

  • Ether bears are becoming quite the loudmouths as the price continues to play hide and seek in its cozy range.

  • Declining spot volume is waving a big red flag, signaling weak demand and an ever-increasing vulnerability of ETH price-hold onto your wallets!💸

  • There’s a chance ETH could take a tumble to $3,500 if it trips over some crucial support levels.🛑

Ether (ETH) seems to be mulling its life choices, stuck in the $4,200-$4,500 range for a couple of weeks, largely due to dwindling spot and institutional interest. As such, a few traders are getting a bit bearish, casting glances towards a potential fall to $3,500 before any “save me” rally.🦙

Market Sentiment Turns Negative-How Shocking! 😱

With Ether’s price doing its best impression of a choppy sea (thanks to Bitcoin recently whining below $100,000), market sentiment is down the proverbial rabbit hole, with “sell calls” echoing like bad karaoke, according to the ever-relevant Santiment.

“Traders have changed their tunes, swinging ever more negatively with expectations of Bitcoin falling back below $100K, and Ethereum back below $3.5K,” they said in an X post on Tuesday. How original!🎤

An intriguing chart reveals a spike in terms like “selling” and “bearish” since late August, when Ether was living the high life at its $4,950 all-time peak. Sweet nostalgia, isn’t it?

However, just as markets tend to do the exact opposite of what everyone predicts (they’re so cheeky), this could actually be “signaling an ideal buy time,” Santiment whimsically quips. 🎩

Ethereum Traders Step Back, Probably for a Snack

Ether’s spot demand appears to be in a bit of a siesta over the past two weeks, with trading volume taking a nosedive from a staggering $18.5 billion on August 22 down to a sleepy $2.6 billion by September 8-an 85% decrease. That’s one way to conserve energy!

This fall in volume signals a waning investor participation-traders are losing their nerve faster than a cat near a vacuum cleaner. 🐱

While the Cumulative Volume Delta (CVD)-the fluffy net difference between buying and selling-has improved slightly, it still resembles the tumbleweed rolling across the desert from late August.🌵

With low spot volume and a negative delta, it seems ETH’s demand is like a party with no one showing up. But fear not; the bulls might find their hooves again if the CVD chooses to stabilize! 🐂✨

As if scripted by a bad sci-fi writer, institutional investors have taken a breather too, with Ethereum ETFs clocking in over $1.04 billion in net outflows over six days of trading, making the sell-side pressure feel like an elephant on a seesaw.

How Low Can ETH Price Go? The Answer May Surprise You!

Currently, ETH price is fumbling about the lower trendline of a symmetrical triangle at $4,280, according to the magical data from CryptoMoon Markets Pro and TradingView. A daily candlestick closure below this triangle could attract some bears looking for an easy snack, potentially sending ETH down to $3,600-16% below its current frolicking level.

MN Capital founder Michael van de Poppe predicts that the ETH price could dip towards the $3,500-$3,800 demand zone before doing a dramatic recovery-in a perfect world, of course. 🌎

“One leg down for $ETH, tapping the green zone and only going up from there. That’s my dream!”

Fellow analyst and full-time bear-watcher Ted Pillows has spotted large liquidity clusters lounging between $3,600 and $4,000, suggesting Ether might first drop to snatch up this liquidity before attempting an epic comeback-which we can only hope doesn’t involve gluing it all back together!🔧

“It looks like a sweep of lower liquidity could happen before the reversal.”

$ETH has decent liquidity clusters around the $3,600-$4,000 level.

Ethereum price action is also looking weak due to macro uncertainty and weak ETF demand.

It looks like a sweep of lower liquidity could happen before the reversal.

– Ted (@TedPillows) September 9, 2025

As CryptoMoon conjured up in their crystal ball, another potential area for a rebound to watch is $3,745, should the support at $4,000 decide to do a vanishing act. 🪄

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2025-09-10 15:11