Ethereum Price Today: $1,760
- Ethereum accumulation addresses purchased over 1.11 million ETH in the past week.
- Declining net buy volume signals weakening sell pressure from short traders.
- Thursday saw 178,900 ETH in net exchange inflows as investors profited from recent price gains.
- ETH faces persistent resistance at $1,800 and the 50-day Simple Moving Average (SMA).
Ethereum (ETH) dipped 1% on Friday as sellers dominated exchange activity. Despite short-term pressure, rising inflows to accumulation addresses and shrinking net sell volume suggest a gradual return of bullish momentum.
Ethereum Accumulation Addresses Defy Sell Pressure
Ethereum accumulation addresses—tracking wallets that have never spent funds—demonstrated renewed confidence by absorbing 1.11 million ETH between April 17–23. Nearly half of these inflows followed Tuesday’s price surge.
Key Insights:
- Highest weekly inflow to accumulation addresses in 2025, reflecting revived long-term investor optimism.
- Net buy volume (futures contracts’ buy/sell difference) shows declining bearish dominance since January, hinting at seller exhaustion.
👉 Why accumulation trends matter for ETH’s price stability
However, exchange net inflows reveal lingering fear:
- April’s single-day peak of **178,900 ETH ($317M) net selling** triggered a brief drop below $1,750.
- Such sell-offs often stem from short-term traders cashing out during recoveries.
Ethereum Price Forecast: Key Resistance at $1,800 and 50-Day SMA
Market Data:
- **$40.22M** in ETH futures liquidations in 24 hours (longs: $27.07M; shorts: $13.16M).
Critical Levels:
- Resistance: $1,800 (reinforced by 50-day SMA) and descending channel upper boundary.
- Support: $1,688 (pivot) and descending trendline.
Technical Indicators:
- Stochastic Oscillator: Retreating from overbought territory.
- RSI: Hovers above neutral, suggesting moderate bullish control.
- AO Histogram: Weak but fading bearish momentum.
A breakout above $1,800 could propel ETH toward **$2,000–$2,200**. Conversely, losing $1,688 may test trendline support.
FAQs
1. What drives ETH accumulation address activity?
Large inflows often signal institutional or long-term holders anticipating price growth, reducing circulating supply.
2. Why is net buy volume important?
Sustained declines in net selling suggest bearish exhaustion, potentially preceding price rebounds.
3. How does exchange inflow affect ETH’s price?
Sudden inflows increase sell pressure, often causing short-term dips—common during profit-taking phases.
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