Ethereum has generated a new Tom DeMark Sequential buy signal on its one-hour chart, suggesting a potential easing of recent selling pressure. Currently trading near $1,770, the key support level is $1,750; staying above this could push Ethereum toward $1,800 and strengthen short-term bullish sentiment. However, falling below $1,750 would weaken the buy signal and raise the risk of further declines. Meanwhile, Ethereum's daily RSI at 60.90 indicates ongoing bullish momentum, though trading volume has dropped significantly. Additionally, Ethereum co-founder Vitalik Buterin is proposing upgrades to improve network efficiency and validator privacy, which could enhance security and decentralization if implemented.
Bitcoin briefly rose above $64,000 before settling in the low $63,000s, maintaining a 6% weekly gain despite Strategy selling 3,588 BTC worth about $216 million. This recovery follows a drop to near $58,000 in late June and shows resilience amid thin...
About $410 million in leveraged crypto positions were liquidated within 24 hours, driven mainly by Bitcoin and Ethereum losses. Long positions accounted for nearly 63% of liquidations, indicating traders betting on price rises were hit hardest. Howev...
Ethereum's price rose 11.7% in the past week, triggering over $300 million in short liquidations. However, on-chain data shows a shift of assets back to exchanges, indicating holders might be preparing to sell. Other metrics like declining open inter...
Solana's price remained above a crucial support level despite a slight dip, supported by $5.75 million in net inflows into U.S.-listed spot Solana ETFs, contrasting with outflows from Bitcoin and Ethereum funds. Solana ranked second in global spot tr...
Ethereum is gaining attention as BitMine, an Ethereum treasury company, continues to accumulate and stake ETH, now holding about 4.8% of Ethereum's total supply. Meanwhile, Michael Saylor's Strategy sold some Bitcoin to fund dividends, challenging th...
