Ethereum (ETH) is experiencing a bearish phase, driven by aggressive selling from futures traders. Recent CryptoQuant data shows that the Taker Buy Sell Ratio, which measures the balance between buying and selling in the futures market, has been declining. This indicates that sellers are dominating the market, pushing ETH prices down. Ethereum has struggled to maintain momentum above $4,000, and this downward trend suggests that further declines may be on the horizon.
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