Ethereum's realized profits rose to $74.58 million, the highest in three weeks, as some holders who bought below $2,000 sold during a recent price dip. ETH is trading near $2,267, with $2,270 identified as a key short-term trigger level for traders. Resistance around $2,400 and support at $2,200 are critical technical levels, with sell walls from large holders limiting upside. Market watchers advise caution, noting that while profit-taking is evident, the overall trend could shift if ETH breaks above $2,400, potentially moving toward $2,600.
Bitcoin dropped to $79,200, breaking the key $80,000 support level amid rising inflation and geopolitical tensions between the US and China over Taiwan. Solana and other major cryptocurrencies also declined, while Dogecoin was the only gainer. Inflat...
A veteran crypto trader warns that Bitcoin, currently trading around $79,400, faces significant resistance near $85,000. The trader says Bitcoin needs to flip this level into support to confirm a bullish double-bottom pattern and avoid a potential do...
XRP price is maintaining strong support around $1.40 despite Bitcoin falling below $80,000 and Ethereum slipping under $2,400. This level is crucial as it marks a pivot from resistance to support, indicating investor confidence in XRP even during bro...
Traders have moved significant capital out of Bitcoin and Ethereum, with net outflows of $19.45 million and $21.52 million respectively, shifting funds into stablecoins like Tether (USDT) and USD Coin (USDC). This move signals a defensive, wait-and-s...
Ethereum's exchange reserves have fallen to about 14.9 million ETH, indicating less available supply for selling. Meanwhile, traders are increasing their exposure to ETH, as shown by rising Open Interest, which has recovered to $15.7 billion after a ...
