Ethereum (ETH) has rallied about 30% from lows near $1,500 to nearly $2,000 but now shows signs of a bearish reversal based on the TD Sequential technical indicator. This same indicator previously predicted the rally, flashing a buy signal near $1,500 and now signaling a sell near $1,980, suggesting investors might consider locking in profits. Despite this, Ethereum remains down over 36% year-to-date and faces pressure below recent support levels. The upcoming CLARITY Act vote on August 3 could significantly impact Ethereum's price, potentially overriding technical signals by introducing regulatory clarity that might boost adoption and prices, though the outcome remains uncertain.
Tom Lee, co-founder of Fundstrat, predicts Ethereum will become the key payment infrastructure for AI agents, surpassing traditional financial systems. He compares the AI market's evolution to the mobile phone revolution, where infrastructure provide...
Bitcoin dropped 1.3% to around $63,870 and Ethereum fell 1.4% to about $1,890 as crypto markets faced pressure at July's end. This decline contrasts with gains in traditional markets like South Korea's Kospi and U.S. stock futures. Bearish signals fr...
Bitcoin and Ethereum are flashing bearish signals as analysts warn that if key support levels fail, Bitcoin could drop to $60,000 and Ethereum to $1,686. Bitcoin recently fell below important moving averages after a large hardware wallet drain, with ...
Ethereum price fell about 1.8% to around $1,883 after failing to break above the $2,000 resistance level, signaling weakening short-term momentum. The token is now testing a critical support zone near $1,873–$1,875, with further downside risk toward ...
As July ends, Bitcoin options data shows a shift toward bearish bets for August, with $60,000 put options leading at $1.17 billion open interest. This contrasts with earlier bullish bets on $70,000 and $72,000 call options that lost popularity after ...
