On August 18, 2025, Ethereum (ETH) is facing strong bearish technical pressure, with technical indicators such as MACD indicating negative momentum, and the exponential moving averages (EMA) showing a clear downtrend. This comes amid increasing selling volume, with the price recently dropping to around $4,253.15.
From a blockchain data analysis perspective, there is significant selling pressure from whales, including the closure of long positions worth $342 million, alongside the presence of 890,000 ETH, valued at $2.7 billion, waiting to be staked in the future. These figures reflect significant market movements and potential large supply inflows in the coming days.
Despite short-term market volatility, the Ethereum community remains optimistic about long-term growth potential. Notably, there is strong institutional demand and trading funds that have seen billions of dollars flow in, with expectations of a price range between $5,000 and $20,000 during the upcoming altcoin season.
Available opportunities:
Increasing institutional demand: Ethereum is witnessing notable interest from institutional investors, with Ethereum trading funds recording inflows of billions, including $2.85 billion in just one week. This demand, led by major firms such as BlackRock, is a key factor enhancing the future growth prospects of the currency.
Long-term positive outlook: Despite current volatility, market experts and Ethereum community investors expect the price of ETH to reach between $5,000 and $7,000 during the altcoin season of 2025, with some forecasts extending to $10,000 or even $20,000 based on market movements and historical trends.
Oversold condition: The current price of Ethereum, at $4,253.15, is below the lower limit of the Bollinger Bands, indicating an oversold condition in the market. This condition often precedes a short-term price rebound, as investors may leverage this situation to buy ETH at lower prices.
Potential risks:
Negative technical indicators: The price chart shows clear bearish momentum with the MACD histogram being deeply negative, and the 7-day EMA keen to stay below the EMA indicators for the 25 and 99-day periods, reflecting the continuation of the downtrend. This has coincided with significant selling volume at price declines.
Large amount in the staking queue: There are approximately 890,000 ETH, valued at $2.7 billion, waiting to be staked in the market. This large amount could add additional selling pressure over the next fifteen days.
Whale activity in profit-taking: Data indicates intense activity from whales in the market through the closure of long positions worth $342 million, and possibly reluctance to take on bullish leverage. Large amounts of ETH have also been observed deposited on trading platforms, reinforcing the idea of profit-taking and intense selling.
Community trends:
The current sentiment of Ethereum investors is mixed, with long-term optimism prevailing about the possibility of the price reaching a range between $5,000 and $20,000 during the upcoming altcoin season, supported by strong institutional demand and ETF fund inflows. At the same time, the community acknowledges the short-term volatility and challenges, along with the pressure present at the resistance level around $4,800.
Thus, it can be said that Ethereum is undergoing a brief contraction period, but it retains promising potential that drives it towards higher price levels in the medium to long term, amid continued institutional demand and market recovery in the upcoming altcoin season.
