{"id":440070,"date":"2025-09-21T04:03:12","date_gmt":"2025-09-21T04:03:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/440070\/"},"modified":"2025-09-21T04:03:12","modified_gmt":"2025-09-21T04:03:12","slug":"ethereum-why-analysts-believe-eth-is-at-a-buy-the-dip-zone","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/440070\/","title":{"rendered":"Ethereum – Why analysts believe ETH is at a \u2018buy the dip\u2019 zone"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey Takeaways<\/strong>
\nWhy do Coinbase analysts say ETH is in a \u2018buy the dip\u2019 zone?<\/p>\n

They argued that the recent pullback and neutral Options positioning signal a favorable level for buyers.\u00a0<\/p>\n

What do Futures data reveal about sentiment?\u00a0<\/p>\n

Data signaled strong speculation, long-biased leverage, but not an overheated market.<\/p>\n

Ethereum [ETH]<\/a> price has pulled back about 10% from the recent all-time high (ATH) of $4.95K hit in August.\u00a0<\/p>\n

Although the recovery push in September lifted the altcoin close to the level again, the post-Fed rate decision sell-off dragged it lower to $4.5K.<\/p>\n

Still, the current ETH level could be a great buying opportunity, according to Coinbase analysts, citing the Options market positioning and valuation model. They noted<\/a>,\u00a0<\/p>\n

\n

\u201cThe six-month skew is closer to flat (and falling), indicating near-term event hedging alongside a more neutral medium-term stance\u2014conditions that we think support a \u201cbuy the dip\u201d environment.\u201d<\/p>\n<\/blockquote>\n

\"Ethereum\"<\/a><\/p>\n

Source: Coinbase\/Glassnode (ETH options 25-Delta Put-Call Skew)<\/p>\n

The slight spike in 1-month tenor (blue) for 25 Delta Skew showed a small premium for puts (bearish bets, hedging) over calls (bullish bets).\u00a0<\/p>\n

But the 6-month tenor (grey) was dropping (a decline in demand for bearish bets). This meant that despite a little caution in the near term, the mid-term outlook into Q4 was fairly positive.\u00a0<\/p>\n

Other datasets supported the positive positioning.\u00a0<\/p>\n

Long-leverage bias, but market isn\u2019t overheated yet<\/strong><\/p>\n

Notably, at press time, the Open Interest (OI) across the Futures market was at record highs near $30 billion. Additionally, the Perpetual Funding Rates were positive, a condition that Coinbase analysts, led by David Duong, said,\u00a0<\/p>\n

\n

\u201cSignaling a long-biased leverage regime that can fuel trend continuation yet amplifies liquidation risk around negative catalysts.\u201d<\/p>\n<\/blockquote>\n

\"Ethereum\"<\/a><\/p>\n

Source: Coinbase<\/p>\n

This meant ETH had a massive speculative interest-A bullish sign. Besides, the Funding Rates were below 0.04-0.06 levels that marked the previous local top in 2024 and 2025. <\/p>\n

Simply put, the market was not overheated (less frothy), to warrant concern in the Futures market.\u00a0<\/p>\n

Finally, the MVRV Z-score, a valuation model, had a reading of 2, unlike 4-7 levels seen in the past cycle peaks. <\/p>\n

In short, the altcoin still had room for growth if past patterns repeat. In fact, the recent 25bps Fed rate cut was another catalyst for risk appetite, added Duong.\u00a0<\/p>\n

\"Ethereum\"<\/a><\/p>\n

Source: Coinbase<\/p>\n

On the price charts, ETH has been consolidating tightly between $5K and $4K. The compression channel could become a springboard towards $5.5K target in case of a bullish breakout.\u00a0<\/p>\n

\"Ethereum<\/a><\/p>\n

Source: ETH\/USDT, TradingView\u00a0<\/p>\n

However, Duong warned that the massive amount of ETH waiting to be unstaked<\/a> could become mid-term selling pressure if they aren\u2019t locked or absorbed by treasury firms.\u00a0<\/p>\n

\n

\u201cIf the exited ETH is restaked or returned to institutional custody, we think the effect will be largely neutral. But, if a meaningful share moves to exchanges, the market inherits a new pocket of potential supply.\u201d<\/p>\n<\/blockquote>\n

\t\t\t\t\t\t\t\t\t\t\tNext: Inside TRON\u2019s liquidity shake-up: Billions in stablecoins on the move!<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways Why do Coinbase analysts say ETH is in a \u2018buy the dip\u2019 zone? They argued that…\n","protected":false},"author":2,"featured_media":440071,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-440070","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115240305194939390","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/440070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=440070"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/440070\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/440071"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=440070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=440070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=440070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}