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Ethereum Taker Buy-Sell Ratio Falls to 0.87, Indicating Bearish Pressure
The price of Ethereum experienced a decline, dropping from above $4,600 to below $4,500, despite the US Federal Reserve's interest rate cut boosting market momentum. Recent on-chain data suggests further bearish pressure could be ahead as investor interest wanes.
Potential Downward Trend for ETH
- Pseudonymous crypto analyst Darkfost noted a downturn in the ETH Taker Buy-Sell Ratio, indicating increased selling pressure.
- A Taker Buy-Sell Ratio below one suggests higher sell volumes compared to buy volumes, contributing to bearish market conditions.
- The ratio dropped to 0.87 on September 19, marking its third significant decline in 2025.
- Previous declines in January and February coincided with Ethereum's price falling to around $1,500.
- The current 7-day average ratio is at 0.93, still below the neutral threshold of 1.
Despite aspirations to break the $5,000 mark, the prevailing sentiment indicates potential continued bearish pressure.
Current Ethereum Price
As of now, Ethereum's price is approximately $4,475, showing a slight increase of 0.4% over the past 24 hours.
