Ethereum's price is approaching a key resistance level at $2.5k, where selling pressure is increasing despite a recent 20% rally. A large leveraged long position by an Ethereum whale raises questions about market stability amid these conditions. Meanwhile, Ethereum is underperforming Bitcoin, which is attracting more capital and ETF inflows. Additionally, Ethereum's unstaking activity has surged by 72,000%, indicating rising exit pressure and growing risk of liquidation. Investors should prioritize risk management as Ethereum's momentum appears increasingly bearish.
Ethereum (ETH) saw a 10% gain in the past week but faced selling pressure after reaching the $1,800 resistance level, causing a nearly 2% drop recently. Despite a brief recovery in ETF inflows, overall market sentiment remains bearish with over $1 bi...
Cryptocurrency markets saw a general decline with major coins like Bitcoin and Ethereum dropping by about 1.2% and 1.1% respectively. Bitcoin traded near $61,883 while Ethereum hovered around $1,748. Other altcoins also experienced losses, reflecting...
Bitmine Immersion increased its Ethereum holdings by 42,197 ETH, worth about $74 million, raising its total to 5.74 million ETH or 4.8% of the circulating supply. Chairman Tom Lee credits this buying spree to rising investor optimism that the propose...
Most major cryptocurrencies saw price declines, with Bitcoin falling 1.55% to about $61,686 and Ethereum down 1.29% near $1,740. Other coins like Binance Coin, XRP, and Cardano also dropped, reflecting a broad market pullback. Stablecoins remained st...
Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major...
