Ethereum is trading near $1,570 after a weekend of low volatility, pressured by continued ETF outflows and significant whale selling totaling about 550,000 ETH this week. These factors have kept buyers cautious, with $1,583 identified as a critical support level; a drop below this could lead to further declines toward $1,237 or lower. Analysts are divided, with some warning of potential falls below $1,000 if confidence weakens, while others see buying opportunities below $1,800 for long-term accumulation. Overall, despite some buying activity, Ethereum remains in a bearish trend until it can break above $1,800 decisively.
Bitcoin has risen 8.9% to $76,337 and Ethereum 5.6% to $2,370, with traders focusing on their 200-day moving averages as key support or resistance levels. Bitcoin dominance remains high at 59.3%, influencing selective altcoin gains like XRP and ADA. ...
Bitcoin surged close to $75,000, rising nearly 8% in 24 hours and 18% over the past week, fueled by a wave of short liquidations exceeding $4 billion in two days. This rapid price increase forced bearish traders to close positions, adding momentum to...
Ethereum's price jumped over 18% in 24 hours to reach $2,375, driven by a record $189.15 million inflow into U.S. spot Ethereum ETFs, led by BlackRock's ETHA fund. Large holders also moved significant amounts of ETH off exchanges, signaling strong ac...
Bitcoin surged above $75,000, marking a 20% gain over four days and reaching its highest level since late May. This rally outpaced Ethereum and Solana, driven by a strong reaction from key support levels and significant short squeezes that liquidated...
On August 21, two large Ethereum holders, known as '7 Siblings' and wallet 0xFD10, sold a combined $63 million worth of ETH and staked ETH (stETH). '7 Siblings' sold 14,000 ETH for $32.85 million at an average price of $2,346, continuing a pattern of...
