The post Ethereum’s Bullish Possibilities Amid Bearish Trends and Accumulating Whales in 2025 appeared on BitcoinEthereumNews.com.

Ethereum (ETH) has had a tumultuous start to 2025, with traders and analysts closely watching for potential shifts in its bearish trend. Recent data shows that while market sentiment is largely bearish, signs of accumulation from larger entities suggest a nuanced market landscape. According to insights from CoinGlass, 52.67% of top traders are holding short positions, indicating a lack of confidence in price recovery. Ethereum starts 2025 on a bearish note, with trader sentiment leaning short. Will whale accumulation signal a turning point for ETH? Ethereum’s (ETH) Position in a Bearish Market The recent negativity surrounding Ethereum is echoed across the broader cryptocurrency market, affecting key players like Bitcoin (BTC) and XRP. Since mid-December 2024, Ethereum has witnessed a significant downturn, with recent patterns confirming deep-seated bearish sentiment as it broke below critical support levels. Market analysts have noted that the asset’s downward movement may not solely reflect poor performance but rather a market correction typical of volatile assets. ETH has effectively retested its breakdown levels, reinforcing bearish forecasts. Source: ETH/USDT, TradingView ETH Price Outlook and Technical Analysis With the ongoing bearish momentum and without significant market recovery, analysts predict that Ethereum could potentially drop by another 10%, potentially reaching the $2,850 mark. Yet, there remains a glimmer of hope as some technical indicators suggest a possible rebound. The Relative Strength Index (RSI) is approaching oversold territory, hinting at a potential recovery phase, while the 200 EMA continues to show an upward trend. Trader Sentiment Remains Pessimistic Despite some technical indicators that could point toward recovery, traders exhibit noticeable skepticism towards long positions. CoinGlass has reported that Ethereum’s long/short ratio is currently at 0.94, underscoring a mostly bearish outlook from market participants. Roughly 52.67% of traders are positioned short, while only 47.33% are long. The hesitance among traders is compounded…

---

Filed under: News - @ January 14, 2025 3:12 am