Ethereum faces pressure as its key $2,000 support level is at risk of breaking, which could trigger a significant price drop similar to January's 41.5% decline. Analysts warn that breaking this support may lead to a bearish pattern with targets as low as $1,075 to $1,500. This scenario is compounded by technical signals like a potential bearish crossover of moving averages and weakening momentum indicators. Additionally, large holders (whales) are reducing their Ethereum exposure, indicating limited confidence and increasing the risk of volatility due to possible liquidation of long leveraged positions exceeding $1.7 billion.
Margin long positions on Bitfinex surged to 80,600 BTC, the highest in 2.5 years, signaling strong bullish bets by large traders despite Bitcoin struggling below $78K resistance. This $6.2 billion leveraged exposure reflects institutional confidence ...
Ethereum's price has fallen below a crucial triangle pattern, signaling a shift toward bearish momentum. Short-term moving averages have crossed below long-term averages, confirming growing selling pressure. Large liquidations of leveraged long posit...
Ethereum is trading around $2,125 after a sharp correction, with analysts divided on its next move. Some see this price range as a key accumulation phase, supported by factors like peaking global bond yields and upcoming US crypto regulations that co...
The crypto market showed mild strength with total capitalization rising 0.68% to $2.57 trillion. Bitcoin held steady near $77,000, supported by optimism around regulatory discussions and tokenized stock trading plans, while Ethereum struggled below $...
Ethereum co-founder Vitalik Buterin announced three upcoming upgrades aimed at embedding privacy directly into the Ethereum network. These include account abstraction and FOCIL to prevent transaction censorship, keyed nonces to reduce transaction lin...
