The post ETH Holds $4.3K Despite Wider Crypto Market Sell-off appeared on BitcoinEthereumNews.com.

Key takeaways: Ethereum’s strong onchain metrics contrast with subdued derivatives sentiment, suggesting traders remain cautiously positioned. Stablecoin flows and options data indicate only moderate fear, supporting ETH’s potential to regain bullish momentum. Ether (ETH) fell 5.2% on Friday after investors digested weaker-than-expected US job market data. The decline came alongside a reversal in equities, sparking $90 million in liquidations of leveraged bullish ETH positions. The correction raises the question of whether Ether is destined to retest the $4,000 mark, or is the move simply a reflection of broader macroeconomic uncertainty? ETH’s monthly futures premium versus spot markets dropped to its lowest point in two months, slipping below the neutral 5% threshold. This level signals little interest in leveraged bullish positioning but is more likely tied to four consecutive days of net outflows from US-listed Ethereum ETFs, totaling $505 million. In other words, traders’ sentiment may be more backward-looking than a true bearish forecast. Ether two-month futures annualized premium. Source: laevitas.ch Still, it would be premature to argue that ETH is set to collapse below $4,300 solely based on weakness in derivatives. Ethereum’s onchain activity continues to show resilience. Since ETH’s primary role is paying for data processing on the Ethereum network, rising activity typically translates into healthier price dynamics. Top blockchains ranked by 30-day fees. Source: Nansen Transaction counts on the Ethereum network surged 32% over the past month. By comparison, Solana saw a steep decline, while BNB Chain managed only a 5% increase. Even more notable, Ethereum’s active addresses rose 7% in the same period, while Solana’s user base shrank 20% and BNB Chain suffered a sharp 42% contraction. Ethereum’s total value locked (TVL) climbed to $97.4 billion, a 12% rise in 30 days. Standout gains came from Pendle, up 37%, Morpho with a 36% increase, and Ethena advancing…

---

Filed under: News - @ September 6, 2025 12:26 pm