The ETH/USDT trading pair is one of the most traded pairs in the crypto market. According to CoinMarketCap, on Binance alone, the trading volume for this pair regularly exceeds $1 billion every 24 hours. Even though ETH price action has been disappointing over the past year, it remains the leading altcoin, and this dominance is reflected in its trading volume across top exchanges.
Ethereum remains the core infrastructure layer for DeFi, NFTs, and smart contracts. A large share of the industry’s on-chain activity still routes through Ethereum-based applications and liquidity. Ethereum also leads in total value locked, with TVL roughly 10x larger than its closest competitor, Solana, which reinforces its role as the primary settlement layer for many crypto use cases.
This guide breaks down ETH price action and explains why the bears have taken control in the short-medium term. It also explains why USDT is the dominant trading asset for ETH across exchanges. Finally, it provides a step-by-step walkthrough for trading ETH/USDT on Bitunix using market and limit orders.
ETH Price Action: The Bears Have Taken Control
It has not been a great year for Ethereum. The leading altcoin has lost around 7% against Tether over the past year, giving up all of its 2025 gains and leaving it trading below $2,000. In 2025, many analysts expected the coin to reach its first new all-time high since 2021 after moving above $4,000, but that breakout never materialized. Since then, the price has fallen by more than $2,000, shifting momentum firmly in favor of sellers.
From a technical perspective, medium- and long-term moving averages remain in a clear sell zone, with price trading below key trend indicators. However, the Relative Strength Index suggests ETH may be approaching oversold territory, which could open the door to a short-term bounce. That said, confirmation would require a reclaim of major resistance levels.
The pullback in ETH is part of a broader correction across layer-1 and layer-2 assets. Tokens such as Solana, Sui, and BNB have also suffered significant drawdowns, indicating market-wide pressure rather than an isolated ETH weakness.
USDT: The Most Liquid Trading Pair for ETH
ETH is often traded using Tether on either the TRON or Ethereum network. As the largest stablecoin by market capitalization, USDT provides deep liquidity and consistently tight spreads. The ETH/USDT pair is available across all leading exchanges for both spot and futures trading, making it the preferred quote asset for active traders.
How To Buy ETH with USDT on Bitunix
Bitunix provides a secure and trusted exchange for buying ETH with USDT. Follow these steps to buy ETH using USDT on the Bitunix spot market:
- Create and log in to a Bitunix account
- Deposit USDT or fiat into Wallet using Deposit, including EUR SEPA for fee-free EUR deposits
- Open the Spot trading section from the main menu
- Search for and select the ETH/USDT trading pair
- In the order panel, select Buy
- Choose Market as the order type for instant execution
- Enter the amount of USDT to spend, or use the percentage buttons
- Confirm the order, then check your wallet to verify your ETH balance has updated
For a limit order pruhase simply move the slider to ‘limit order’ and enter the target price.
In most cases, trades settle quickly, although transfer speed can vary depending on traffic on the Ethereum network.
Final Thoughts
Even as the Ethereum price has slipped, ETH/USDT remains one of the leading trading pairs on the market. Demand for ETH is driven not only by price speculation but by the massive DeFi ecosystem behind the project, which still maintains a total value locked that far exceeds most competitors. The short-term outlook may be uncertain, but ETH is likely to remain one of the most traded assets in crypto. Bitunix provides a simple, secure, and cost-effective platform to purchase ETH using USDT.
