Ether (ETH) has failed to break above the $2,400 resistance level four times, forming a bearish triple top pattern and trading below its 100-day moving average. The $2,150 support level is critical, with over $2.5 billion in leveraged longs at risk of liquidation if the price falls below it, potentially pushing Ether down to the $2,050-$1,900 range. Additionally, Ether shows weakness against Bitcoin, with the ETH/BTC ratio dropping below key support levels, signaling a possible continued downtrend. Market data from Binance indicates a reset in futures leverage and a shorts-heavy setup, suggesting that a breakout or further decline could happen soon depending on price action around $2,150.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Ethereum faces resistance near $1,900, which might cause a short-term pullback to $1,810 or $1,781. However, a confirmed double-bottom breakout suggests a potential 15% rally to the $2,125–$2,186 range if it holds above $1,817. Breaking below $1,781 ...
Ethereum (ETH) has outperformed Bitcoin (BTC) in Q3, driven by a rally sparked by a softer CPI report and strong on-chain metrics. The recent surge pushed ETH above $1,900, triggering significant liquidations in futures positions. However, ETH now fa...
