Ethereum (ETH) surged over 5% to nearly $1,930 following softer US inflation data, driven by hopes for Fed rate cuts and renewed ETF inflows. However, the price quickly retraced to around $1,850 due to leveraged position liquidations and rising geopolitical tensions between the US and Iran, which increased market uncertainty. Large investors withdrew about $165 million worth of ETH from Coinbase Prime, signaling accumulation despite the pullback. Analysts see $1,850 as critical support and expect a potential move toward $2,000 if this level holds, although near-term technical catalysts are limited due to a delayed network upgrade.
Ethereum options traders are heavily hedging against downside risk as expiry approaches, with a put/call ratio of 1.71 indicating bearish sentiment. In contrast, Solana shows a bullish skew with a low put/call ratio of 0.34, suggesting optimism among...
Bitcoin trades at $62,828 after a 2.11% decline, while Ethereum dropped 4.21% to $1,828. Both cryptocurrencies are closely watched around their support and resistance levels, especially Bitcoin's 200-day moving average, which signals broader market t...
On July 17, Bitcoin and Ethereum options worth about $1.43 billion expired, with Bitcoin options totaling $1.2 billion and Ethereum options $230 million. Bitcoin traded steadily between $60,000 and $65,000, showing low volatility and a put-call ratio...
Top traders in Ethereum futures markets have significantly increased their long positions, with USDT-margined accounts holding longs jumping over 6 percentage points. This shift indicates growing bullish sentiment among sophisticated traders, especia...
Ethereum (ETH), currently trading near $1,880, may break its previous high of nearly $5,000 due to growing institutional adoption, according to Fundstrat co-founder Tom Lee. He highlights that unlike past growth driven by ICOs and NFTs, this new phas...
