Ethereum dropped below $2,000 following US airstrikes on Iran, causing a $1 billion forced liquidation in crypto markets and a sharp price decline. Market sentiment turned bearish with a 63% chance ETH could fall to $1,500, while ETFs saw $500 million in outflows over 11 sessions. Technical analysts say ETH must reclaim key moving averages at $2,500 and $3,100 to regain bullish momentum. Ethereum’s DeFi ecosystem value also shrank 55% from its peak, signaling broader market weakness.
Ethereum staking has reached a new high with 32.4% of ETH now locked in staking, up from near zero in early 2021. Meanwhile, the amount of ETH held on exchanges has fallen dramatically from over 33 million in 2021 to about 14.9 million today. This sh...
Ethereum's volatility index recently dropped below 50, a level not seen since early 2024, while its price has been stable around $2,000. Historically, such low volatility has preceded significant price rallies, as seen in 2024 when Ethereum surged 17...
Ethereum options market remains bullish as $2,500 call options dominate short-term trading despite a slight 1.03% decline in total open interest to $6.888 billion. Calls make up over 61% of outstanding contracts, indicating traders expect price gains...
Ethereum traders have significantly increased their leveraged long positions, with a notable trader expanding a 25x leveraged ETH long to over 6,300 ETH despite facing large unrealized losses. This reflects strong speculative confidence in Ethereum's...
Pepe Coin (PEPE) maintained its support level near $0.00000359 despite Bitcoin falling below $75,000, outperforming many meme coins during a broader market decline. The crypto market faced pressure from weak investor sentiment, ETF outflows, and geop...
