Fasanara Capital, managing $5.7 billion in assets, has a $67 million short position against Ethereum on the decentralized exchange Hyperliquid, part of a combined $108 million short with Abraxas Capital. Both positions are currently underwater with ETH trading around $1,920. This situation could trigger a short squeeze if ETH prices rise, forcing shorts to cover, or accelerate declines if ETH falls below support. Investors should watch for changes in these positions as they signal market sentiment on Ethereum's price direction.
Ethereum has broken a long-term resistance line against both the U.S. dollar and Bitcoin, signaling a potential bullish trend. Holding above the $1,850–$1,900 breakout zone could lead to a recovery toward $2,350, $2,950, and eventually challenge the ...
Ethereum has steadily recovered from a June low near $1,500 to trade around $1,921, showing a clear uptrend with higher lows throughout July. The key resistance level is $2,000, a psychological and technical barrier; a daily close above this could le...
Bitcoin is trading in a narrow range between $64,000 and $66,800 after recovering over 13% from its July 1 low of $57,750, indicating a market pause as it awaits fresh momentum. Traditional markets offer little direction, with major indices slightly ...
Bitcoin traded slightly lower at around $65,716 while Ethereum and major altcoins posted modest gains, indicating a rotation of capital rather than broad market enthusiasm. Ethereum rose 0.42% to $1,924, outperforming Bitcoin which dipped 0.30%. Mark...
US-listed spot Ethereum ETFs recorded $72.64 million in net inflows on July 22, continuing a four-day streak of positive flows and nearly doubling the previous day's $37.47 million. The inflows were concentrated mainly in BlackRock's iShares Ethereum...
