Ethereum is currently trading around $2,185, testing critical support levels at $2,170 and $2,122 amid weak buying momentum indicated by RSI and MACD. To trigger a strong upward move, ETH must break resistance between $2,300 and $2,501 before targeting an unfilled CME futures gap near $2,680, where $11 billion in short positions risk liquidation. Institutional interest remains strong, with companies holding 7.33 million ETH valued at $16 billion, representing about 6% of total supply, which could tighten market availability and support price stability. Analysts see potential for a rebound if support holds, with a longer-term bullish pattern suggesting a possible rise toward $7,000 if a breakout occurs.
Ethereum (ETH) surged past the $1,894.89 resistance level, accelerating its recovery toward the $1,940–$1,950 zone after days of consolidation. This breakout was supported by lower-than-expected U.S. inflation data, which boosted risk appetite and bu...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
