Ethereum risks falling below the 20 EMA as a whale buys $80M in ETH, signaling mixed market signals for traders.
Ethereum traders are closely watching the price action as the cryptocurrency faces the risk of falling below the 20-day EMA. At the same time, a large investor has purchased more than $80 million worth of ETH, signaling mixed signals in the market. This combination of technical pressure and whale activity has drawn strong attention from analysts and retail investors alike.
Ethereum Nears 20 EMA Breakdown
Crypto analyst Michael van de Poppe shared his view that Ethereum could soon close below its 20-day EMA on the daily chart. He noted that the broader market looks weak, which could cause short-term downward momentum if this support level is broken. Van de Poppe explained that such a move may create opportunities later this year for an altcoin run.
The 20-day EMA has acted as a key level for Ethereum during past trading cycles. A drop below it often signals waning bullish momentum and increased selling pressure. Analysts warn that if the breakdown happens, Ethereum could test lower price supports around 2,000 dollars or even near 1,800 dollars.
Whale Activity Supports Buying Interest
While technical charts show weakness, whale activity has added another layer to the discussion. A trader known as Ted reported that an Ethereum whale purchased more than $80,370,000 worth of ETH. This buy comes as the asset hovers near crucial technical support levels.
Ethereum whale just bought $80,370,000 $ETH.
Buy the dip opportunities incoming. pic.twitter.com/PGxco1CwWr
— Ted (@TedPillows) August 29, 2025
Large whale buys are often viewed as signals of long-term confidence in Ethereum. Even though near-term price action looks unstable, such purchases can help stabilize sentiment and encourage retail investors. Traders now face a market where technical weakness meets strong institutional or whale demand, creating both risk and opportunity.
Ethereum Price Prediction and Market Outlook
Ethereum price prediction remains a debated topic as the cryptocurrency trades between strong demand and technical weakness. Reports indicate Ethereum recently touched $4,954 before dropping near $4,600 after a flash crash. Despite this setback, institutional demand through ETF inflows remains strong and continues to support the market outlook.
Market analysts suggest that Ethereum could rally again if it maintains strong buy-side support, with some models projecting targets near $6,500. However, others remain cautious, pointing to the risk of a further drop toward $3,500 before any recovery. Analysts are also monitoring broader macroeconomic conditions, including interest rate decisions, which continue to influence investor sentiment.
As Ethereum balances between breaking below the 20-day EMA and attracting whale demand, the market remains at a key stage. Analysts are watching price levels, technical charts, and whale activity to assess the next direction. This mixed environment shows both caution and opportunity as the Ethereum heads into the final quarter of 2025.
