Ethereum Price Holds Steady as Spot Demand Absorbs Futures Selling Pressure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 01 2026- Futures Market Dominance: Since mid-2023, Ethereum's net taker volume (30-day moving average) has remained largely negative, indicating aggressive selling and short positioning; however, Ethereum's price has consistently held near $3,000, demonstrating structural resilience in the market.
- Spot Market Support: Despite strong selling pressure from futures traders, steady demand from the spot market, through direct purchases or OTC flows, has absorbed this pressure, preventing price collapse and reflecting robust long-term demand for Ethereum.
- Price Control Dynamics: According to CryptoQuant's analysis, while futures markets dictate short-term volatility, they do not define Ethereum's long-term direction; instead, the spot market neutralizes selling pressure, ensuring price stability and avoiding a sustained bearish trend.
- Market Structure Signal: This dynamic indicates that despite ongoing selling pressure from the futures market, Ethereum's underlying demand continues to quietly support the market, suggesting investor confidence in future price movements, which may attract more long-term investors.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
