- Ethereum has seen more than usual aggressive sales orders, in addition to an increased number of aggressive buying orders.
- The Bid-Alst-Spread analysis revealed remarkable fluctuations on different fairs.
Since December 2024, Ethereum [ETH] has navigated through a number of clear market dynamics.
A remarkable pattern has been created, characterized by an increase in aggressive sales orders from large investors, in addition to a noticeable increase in buying orders from retail investors.
These trends indicate an evolving market condition that can form the Ethereum price action.
A story of two powers
Since the end of 2024, Ethereum has seen more than usual aggressive sales orders, as evidenced by the average market order size, which emphasizes the activity of whales.
Source: TradingView
At the same time, the number of aggressive buying orders has increased, which indicates a higher participation in the market.
This suggests that whales may load their participations, possibly due to profitable or risk reduction, while retail investors, driven by FOMO (fear of missing).
Such an activity has the potential to exert downward pressure on the price of ETH as a result of the large sales orders, but the increased interest in retail can balance the market and even stimulate price increases if buying momentum continues.
What drives Ethereum’s movement?
When analyzing the anxiety and greed index and the cumulative volume -delta (CVD) graph a clear negative CVD trend is created, which shows that more sales pressure is on the market than buying.
Source: TradingView
Such market conditions suggest that although the price could be confronted with the downward pressure of aggressive sale by whales, the neutral or somewhat bullish sentiment from retail investors can prevent a sharp decline.
This may possibly stabilize the price of ETH or lead to a slight recovery phase.
Uncertainty or chance?
The Bid-Alst-Spread analysis revealed remarkable fluctuations on different fairs. Wider spreads, usually indicative of lower liquidity or increased volatility, are clear during certain peaks in the data.
Source: Intotheblock
The broader spread also often leads to higher trading costs for retail investors, who may discourage further purchases and reinforces the bearish tendencies that are created by the sale of whales.
These increased trading costs could ultimately weigh the participation of the stores and contribute to the current scenario whereby the purchase of the retail trade to prevent the ongoing sale of whales.
Changing market sentiment
The volatility graph emphasized a downward trend since mid -2023, with incidental spikes in volatility. The decrease in volatility suggests a more stable market, but recent small increase indicates the growing market voltage.
Source: Intotheblock
This increased volatility can reflect the ongoing conflict between aggressive vinever sales and retail purchases. It can be a forerunner for potential price fluctuations, because market participants adapt to this new dynamic.
What is the next step for ETH?
Given the current market conditions, the Ethereum market seems ready for a period of consolidation.
The neutral reading of the fear and greed index suggests that neither extreme fear nor euphoria dominates the market, which could lead to more cautious and balanced trading behavior.
If the purchase volume of the retail trade continues to rise, we may see the price of ETH stabilizing or even experienced a modest rally, which prevents the sales pressure.
Read Ethereum’s [ETH] Price forecast 2025–2026
However, if the sale of whales continues without sufficient retail purchase to adjust, the price of Ethereum may be confronted with extra downward pressure, possibly which leads to further falls.
The price promotion of Ethereum remains influenced by a variety of investor behavior, while the sale of whale collision with retail buy-ins. The market seems to be at an intersection, where both parties claim their influence on price dynamics.
