Ethereum (ETH) has been caught in a bearish grip, struggling to break through the $1,500 mark. Despite brief upward momentum, ETH currently hovers around $1,590, with liquidations of over $17.69 million recorded in recent trading. The market remains volatile, prompting uncertainty about future price trends. Analysts suggest that a decisive move above the $2,000 threshold is key for an upturn. At present, Ethereum trades within the range of $1,590, with its market cap exceeding $191 billion. Daily trading volume has reached over $10.86 billion. Notably, a significant amount ($16.37 million) was recently invested in Ethereum, highlighting investor confidence. Will ETH break free from the downward pressure? 2025’s bear market continues to test Ethereum’s long-term potential. The bears will try to push prices down even further if they succeed. Alternatively, a strong bullish force could propel the price up past $1,614, potentially triggering sustained growth above $1,640. 5 days of trading have been volatile with a bearish trend being formed as evidenced by recent price action, as reflected in the MACD line and signal line crossing below the zero line. Chaikin Money Flow (CMF) is currently indicating outflows of capital from Ethereum at -0.13, suggesting a further decline in price is likely to occur. Meanwhile, daily trading volume has dropped by over 22.98%. The RSI sits at 46.85, representing a neutral market condition neither overbought nor oversold. The Bull Bear Power (BBP) value of -3.03 suggests weakness. It’s important to remember this article reflects the author’s own opinion and not any investment advice.