Ethereum recently fell nearly 5%, dropping below $2,000 as $1.35 billion in long crypto positions were liquidated amid rising geopolitical tensions and weak investor sentiment. Despite this, technical analysis shows a strong buy signal if ETH retests the $1,800 support level, historically followed by significant rallies. The article expects a potential price surge over the next 3 to 6 months, with a long-term target between $5,400 and $6,000 based on past cycles. Macroeconomic strength and geopolitical risks are currently weighing on crypto markets but may set the stage for a rebound.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Ethereum's new 'Strawmap' draft roadmap outlines seven major upgrades by 2029 aiming to reduce transaction finality from 16 minutes to as little as 6 seconds and increase Layer 1 throughput to 10,000 transactions per second. The plan includes advance...
Ethereum rose following a U.S. inflation report showing slower CPI growth, which weakened the dollar and boosted risk assets. Binance saw over $1.2 billion in Ethereum buy volume, pushing prices near $1,895. However, the rally lost steam as Bitcoin a...
