Despite major global economic pressures affecting traditional financial markets, the cryptocurrency market has maintained some stability over the past week. However, Ethereum (ETH) has shown weaker performance compared to many other major digital assets, starting April almost where it ended the first quarter of 2025. Currently, Ethereum, as the second-largest cryptocurrency, is on the verge of losing the $1,800 level, experiencing about a 1.5% price drop over the past week. Nevertheless, new on-chain data suggests the possibility of a price floor formation and a return to the bullish trend in the coming weeks. According to Maartunn’s analysis, the Net Taker Volume indicator for Ethereum is sending positive signals, indicating a dominance of buying demand over selling. While in the past year, selling pressure has outweighed demand, in recent weeks, this pressure has decreased, and the mentioned indicator is registering higher bottoms, a bullish divergence that could signify the beginning of a price uptrend. Currently, the price of one Ethereum unit is around $1,803, decreasing by about 0.3% in the past 24 hours. However, contradictory data exists; according to Ali Martinez’s report, whales holding 10,000 to 100,000 Ethereum units have sold over 500,000 ETH in the last 48 hours. This extensive sell-off could be a short-term obstacle to price recovery. On the live digital currencies price page, you can view the prices of all tokens and cryptocurrencies in real-time.
