Ethereum's price has dropped over 60% from its 2025 peak but is showing signs of a potential major rebound. The cryptocurrency is currently trading near $1,870 within a falling wedge pattern, which often signals a bullish reversal if broken upward. Institutional demand is returning, highlighted by $230 million inflows into US spot Ethereum ETFs in August and continued accumulation by BitMine Immersion Technologies, which recently added over 35,000 ETH. A breakout above $2,300–$2,500 could lead to a 70% rally toward $3,300, but Ethereum must first reclaim key resistance levels around $1,930–$2,000 to confirm the recovery.
A cryptocurrency whale that sold 50,600 ETH near the 2025 peak has spent $85.42 million in stablecoins to buy 1,075.6 BTC at an average price of $79,412 over four days. The whale still holds $74.32 million in stablecoins and is currently about $2.35 ...
Bitcoin surged above $79,000 after US core annual inflation dropped to a 66-month low of 2.4%, signaling easing inflation pressures. However, the monthly core CPI rose 0.3%, higher than expected, boosting the probability of a Federal Reserve rate hik...
Ethereum rose above $2,600, briefly hitting $2,665, driven by positive inflation data and strong ETF inflows totaling $216.41 million. This surge caused $216 million in short position liquidations and boosted optimism for ETH to reach $2,800–$3,400 i...
Ethereum surged from $2,437 to $2,667 on September 11, liquidating $211 million in short positions, driven by a CPI report showing 3.4% inflation. However, the price quickly fell back below the $2,500 resistance level, suggesting the breakout was a l...
Ethereum's price briefly surged to $2,665 on September 11, driven by a significant inflow of $216 million into Ethereum ETFs, the highest since late August. This rise occurred despite Goldman Sachs' warning of a likely 25 basis point rate hike by the...
