{"id":56998,"date":"2025-11-06T08:01:39","date_gmt":"2025-11-06T08:01:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56998"},"modified":"2025-11-06T08:01:39","modified_gmt":"2025-11-06T08:01:39","slug":"ethereum-sellers-dominate-but-5k-year-end-target-holds-firm","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56998","title":{"rendered":"Ethereum Sellers Dominate, But $5K Year-End Target Holds Firm"},"content":{"rendered":"
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Ethereum (ETH) fell to a four-month low of $3,160 yesterday, erasing its yearly gains and sparking a wave of liquidations.<\/p>\n

However, despite this seller-driven downturn, some market analysts believe that the asset\u2019s core upward trend remains unbroken and that it can still reach $5,000 by year-end.<\/p>\n

Selling Pressure Deepens, but Buyers Stay Hopeful<\/h2>\n

The world\u2019s second-largest cryptocurrency by market cap went through some heavy volatility this week, dropping<\/a> as low as $3,160 before a modest rebound.<\/p>\n

However, CryptoQuant analyst PelinayPA has pointed out<\/a> that the Taker Buy-Sell Ratio on Binance has been hovering just below 1.0, confirming that the market is dominated by sellers. She noted that while the dynamic \u201ccreates short-term downward pressure,\u201d it does not suggest panic. Instead, she described it as controlled profit-taking within an ongoing uptrend and expects ETH to find strong buyer interest around the $2,955 to $3,000 zone before resuming its climb toward $5,000.<\/p>\n

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\u201cI believe the price will find buyers around this level,\u201d the trader wrote. \u201cThe main trend remains upward, and I expect these buyers to potentially push the price toward $5,000 by the end of the year.\u201d<\/p>\n<\/blockquote>\n

Similarly, chart technician Ted Pillows identified<\/a> $3,500\u2013$3,600 as the key zone to reclaim for any bullish momentum to emerge. According to him, the asset could be pushed back toward the $2,800 support area if it fails to break above that range.<\/p>\n

Network Activity Slows as Price Consolidates<\/h2>\n

Beyond the charts, Ethereum\u2019s network fundamentals have also weakened, with daily active addresses cratering<\/a> by 24% since mid-August. In the past, when there was less activity on the blockchain, prices tended to go down as well, because there were fewer transactions and less interest in dApps.<\/p>\n

Meanwhile, at the market, CoinGecko data shows ETH is down 12.2% in the last seven days and 28% across the month, underperforming Bitcoin\u2019s modest rebound. The ETH\/BTC ratio stands at 0.03284 BTC, indicating a shift in capital toward Bitcoin. However, Ethereum is trading<\/a> above its two-year trendline support, which it has held since 2022. Many observers consider this structure to be the last major defense before a potential bounce.<\/p>\n

For now, sentiment remains mixed. Liquidity clusters around $2,800\u2013$3,000 are drawing attention as potential accumulation zones, while bulls are looking to reclaim $3,600 to confirm renewed strength. But with both technical and macro pressures in play, including U.S. Federal Reserve tightening and ongoing liquidity outflows, traders appear cautious.<\/p>\n

Still, as PelinayPA\u2019s analysis suggested, the broader trend remains constructive. If Ethereum can defend its current support and regain key resistance zones, the path toward $5,000 by year-end may still be within reach, albeit a steeper climb than once expected.<\/p>\n

The post Ethereum Sellers Dominate, But $5K Year-End Target Holds Firm<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) fell to a four-month low of $3,160 yesterday, erasing its yearly gains and sparking a wave of liquidations. However, despite this seller-driven downturn, some market analysts believe that the asset\u2019s core upward trend remains unbroken and that it can still reach $5,000 by year-end. Selling Pressure Deepens, but Buyers Stay Hopeful The world\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56998","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56998"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56998\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}