Ethereum price prediction: More volatility ahead as ETH remains under heavy selling pressure

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Ethereum slides 1.03% to $1,981 today

Highlights

U.S. spot Ethereum ETFs recorded $42.5 million in net outflows on February 18, 2025, with BlackRock's iShares Ethereum Trust accounting for over 70% of withdrawals.
Cumulative spot Ether ETF outflows exceeded $2.6 billion over the past four months, as a death cross on the weekly chart signals heightened downside risk.
Ethereum trades at $1,981.28, below key MAs (MA-20: $2,114.18; MA-50: $2,706.40; MA-200: $3,522.18), with sellers retaining a clear technical advantage and $1,780 as critical support.

Intensifying downside risk as spot ETF outflows surge and death cross appears

U.S. spot Ethereum ETFs saw substantial net outflows of $42.5 million on February 18, 2025, with BlackRock's iShares Ethereum Trust responsible for over 70% of these withdrawals. Over the prior four months, cumulative outflows from spot Ether ETFs surpassed $2.6 billion, intensifying downside risk, while the weekly chart confirmed a death cross pattern. BlackRock updated its SEC filing to indicate a 0.25% fee for its proposed iShares Staked Ethereum Trust, intending to stake a significant portion of its Ether holdings. Earlier developments such as the Dencun upgrade and SEC approval for spot Ethereum ETFs contributed to increased institutional and technological momentum.

Bearish momentum persists amid indicator divergence and intraday volatility

Momentum indicators remain decisively negative, as both the MACD and ADX highlight continued downside persistence. The RSI and Commodity Channel Index signal that ETH/USD is close to oversold territory, but the Stochastic RSI oscillates near overbought levels, indicating a divergence among oscillators. Bull/Bear Power reinforces the dominance of sellers, confirming ongoing bearish momentum within the intraday session. The session opened with a minor downside gap and price continues to hover near the upper boundary of the day’s trading range ($1,950.50 – $1,978.40), reflecting moderate volatility with a bias toward weakness.

Limited upside odds as volatility bands and resistance cap recovery

In the short term, ETH/USD is expected to remain within a typical volatility band between $1,780 and $2,150 over the next five sessions. The likelihood of an upward move is low (below 20%), while continued downside pressure is noted on both daily and weekly signals. Sideways consolidation is the base-case scenario unless ETH closes above the Ichimoku Kijun resistance at $2,396.79. A drop beneath the $1,780 support zone would likely prompt additional selling into the $1,700s, keeping sellers in clear technical control.

Viktoras Karapetjanc, analyst at Traders Union, sees persistent selling pressure on Ethereum despite recent institutional and regulatory milestones. He notes that continued ETF outflows and the failure to regain key resistance levels keep the short-term outlook bearish. Karapetjanc remains constructive given the broader adoption trends. However, he believes macro sentiment must stabilize before upside momentum returns. "A decisive move above the Ichimoku Kijun at $2,396.79 would signal a shift — until then, I see the current weakness as a longer-term accumulation opportunity."

Last time, analysts noted that Base Coinbase’s Ethereum Layer 2 network, is transitioning from the Optimism stack to its own unified core solution to improve coordination and reduce costs, with plans for multiple hard forks and continued compatibility with the OP Stack specification in the short term. Previously it was reported that node operators will be required to migrate to the new Base client, and technical indicators suggest sustained ecosystem expansion with potential for increased network autonomy amid these infrastructure changes.

Source of Data: ETH Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.