Ethereum's price has fallen about 65% from its 2025 peak, currently hovering near $1,700 at a critical support level within a long-term symmetrical triangle pattern. This pattern suggests a major move is imminent: if Ethereum holds this support, it could rebound to $2,265 or even $3,610. However, a breakdown below this support could lead to a steep decline, potentially pushing prices down to $600. Market pressures include broader crypto selloffs, geopolitical tensions, and weak momentum indicators, making the next few trading sessions crucial for Ethereum's direction.
Bitcoin fell sharply to the $60,000 range on June 3-4, triggering $1.76 billion in liquidations mainly from long positions. The decline was driven by sustained outflows from spot Bitcoin ETFs and worsening macroeconomic conditions, including rising i...
Bitcoin briefly dropped to $61,300 before recovering to around $62,500, triggering $3 billion in liquidations over two days. Derivatives markets show strong bearish sentiment, with increased put option activity at the $60,000 strike and rising implie...
Ethereum recently tested a critical support zone near $1,750 after briefly dipping below its February lows, signaling a liquidity sweep. Analysts highlight that holding the $1,700-$1,800 range is crucial to avoid a deeper correction toward the $1,600...
Ethereum's price has dropped below key support levels, trading near $1,760 amid strong selling pressure. However, large investors, notably the group known as 7 Siblings, are actively borrowing funds and accumulating ETH, spending around $4 million so...
Bitcoin closed May near $70,600 after losing 8-10% due to rising inflation, higher Treasury yields, and geopolitical tensions. The cryptocurrency fell below key holder cost basis levels, increasing potential selling pressure, but found support betwee...
