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Ethereum rallies 11.7% but signs suggest short-term holders may sell, risking deeper price drop.

Technical Signals
06 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

Ethereum's price rose 11.7% in the past week, triggering over $300 million in short liquidations. However, on-chain data shows a shift of assets back to exchanges, indicating holders might be preparing to sell. Other metrics like declining open interest and a negative Coinbase Premium Index suggest bearish sentiment among investors. Despite recent gains, these trends point to potential further price declines for Ethereum.

More News (ETH)

Bitcoin holds near $65K despite AI stock drop; Fed meeting may decide next move

Bitcoin holds near $65K despite AI stock drop; Fed meeting may decide next move

Bitcoin remained stable around $65,000 even as AI-related tech stocks, including Nvidia, fell sharply. Analysts say the upcoming Federal Reserve decision and key economic data will be critical in determining whether Bitcoin breaks above $67,300 to st...

Market News
Neutral
4 hours ago
Ethereum whales accumulate as ETF inflows return, eyeing $2,438 price target.

Ethereum whales accumulate as ETF inflows return, eyeing $2,438 price target.

Ethereum whale addresses have increased to multi-month highs, signaling strong accumulation near yearly lows as ETH trades around $1,963. US spot Ethereum ETFs have seen three consecutive weeks of inflows, indicating renewed institutional interest. H...

Technical Signals
Bullish
6 hours ago
Crude oil price drops 11%, easing inflation fears and boosting Bitcoin above $65K.

Crude oil price drops 11%, easing inflation fears and boosting Bitcoin above $65K.

Crude oil prices fell sharply by nearly 11% following a pause in US-Iran military strikes and resumed diplomatic talks, easing inflation concerns. This drop reduces pressure on the Federal Reserve to hike interest rates, leading to a weaker dollar an...

Market News
Bullish
6 hours ago
AI stock gains slow, Bitcoin and Ethereum may attract more investment in 2026, says macro expert.

AI stock gains slow, Bitcoin and Ethereum may attract more investment in 2026, says macro expert.

Macro investor Jordi Visser says the phase of easy, large returns from AI stocks is ending, signaling a shift in investment opportunities. While AI remains important, future gains will depend on companies with strong infrastructure and competitive ad...

Market News
Bullish
6 hours ago
China's new chip machines shake AI stocks; Ethereum quietly outperforms amid market fear

China's new chip machines shake AI stocks; Ethereum quietly outperforms amid market fear

A state-backed Shanghai company has started producing advanced lithography machines, breaking the Dutch company ASML's monopoly. This development rattled AI and semiconductor stocks and dragged down the S&P 500, reflecting concerns over US-led chip e...

Market News
Bearish
8 hours ago
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