Ethereum's price fell sharply from $2,385 to a low of $2,025 and is now consolidating below $2,100, facing resistance at $2,120 and $2,165. Technical indicators suggest that breaking above $2,165 could push prices toward $2,300, while falling below $2,025 might accelerate declines to $2,000 or lower. Institutional investors pulled $59.94 million from Ethereum spot ETFs last week, with BlackRock's ETHA seeing the largest outflows, adding bearish pressure. Despite this, total assets in Ethereum spot ETFs remain significant at $12.33 billion, about 4.79% of ETH's market cap. The market awaits a decisive move to signal the next trend direction.
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...
