Ethereum is potentially setting up for a major breakout as it retests a multi-year resistance zone for the third time, following a period of strong accumulation support. Analysts note this pattern resembles Ethereum's 2020 setup before it surged to nearly $5,000. Fundstrat's Tom Lee highlights Ethereum's role as a future settlement platform for Wall Street and AI, predicting increased investor interest and a rally. Another analyst suggests a minor correction below $2,500 could precede a rise to $2,800, indicating potential short-term volatility before a continued upward trend.
On October 25, XRP's dollar-margin long position share fell by 3.97 percentage points to 66%, marking the largest decline among five tracked assets including Bitcoin, Ethereum, Solana, and Dogecoin. Meanwhile, Ethereum's dollar-margin long account sh...
Prediction markets show a decline in the likelihood of XRP reaching $2 by year-end to 23%, down 1% in a day, and Bitcoin hitting $100,000 by year-end at 18%, down 5% from the previous day. Ethereum's chance of reaching $3,500 by year-end increased to...
Ethereum prices fell to the $2,350-$2,380 range following large sell-offs by BitMEX co-founder Arthur Hayes, who liquidated Ethereum and DeFi assets ahead of the Federal Reserve's critical policy meeting. This move reflects institutional caution amid...
On October 25, Binance's Ether (ETH) perpetual market displayed a sell surplus of approximately $2.68 million, with sell orders totaling $59.45 million against buy orders of $56.77 million. At the time, Ether was priced at $2,343.23. The spot order b...
Ethereum experienced a significant outflow of about 169,770 coins from exchanges, the largest in over four months, signaling reduced supply available for sellers. This pattern mirrors a similar outflow before Ethereum's price rebound in June, though ...
