EthereumBinance SquareNews

Ethereum Still in Downtrend: Wait or Buy the Dip?

ETH remains in a downtrend. Analysts suggest waiting for a trend flip or buying at key support levels.

  • Ethereum is still following a downward trend
  • Analysts advise patience or low-limit buys at support
  • Sideways price action is normal after strong rallies

Ethereum ($ETH) continues to show a clear downtrend, and traders are advised not to rush into positions just yet. According to market analysts, there’s currently no strong sign of a reversal, so it’s better to either wait for a confirmed trend shift or target a lower entry.

The advice is simple: don’t force trades in a falling market. Instead, let the trend dictate the strategy. If Ethereum breaks above the downtrend line and turns that resistance into support (known as a flip), it could signal a good opportunity to enter. Until then, patience is key.

Aiming for the Weekly Order Block

For those looking to buy the dip, placing limit orders—also called “stink bids”—around the 1-week order block (a blue zone on most technical charts) could offer better risk-reward. This level has historically acted as a strong support area, and ETH may revisit it before any significant upward movement.

The “blue box” mentioned refers to a region where institutional or large buyers previously stepped in. Smart traders often wait for price to revisit such zones before accumulating.

Chop and Correction Are Normal

Ethereum recently had an impulsive rally—part of the broader bull market. After such moves, it’s normal to see a few weeks of sideways action or correction. This phase can last 4–6 weeks, during which prices may appear stagnant or volatile without clear direction.

This is not a sign of weakness. In fact, consolidations often set the stage for the next big move. If the bullish trend continues, these pullbacks may offer a healthy reset before ETH targets higher levels again.

Read also:

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Ava Nakamura

Ava Nakamura is a seasoned crypto journalist and blockchain enthusiast who has been covering digital assets since 2017. With a sharp eye for market trends and a passion for decentralization, Ava breaks down complex crypto topics into engaging stories. She covers Bitcoin, altcoins, DeFi, and everything in between — aiming to empower readers through knowledge.

Related Articles

Back to top button