Ethereum's price has formed a bearish rounded top pattern after failing to hold above $2,400, with institutional outflows and leveraged shorts pushing it below $2,150. U.S. spot Ethereum ETFs have seen nine straight sessions of outflows, totaling about $244.79 million in one week, while a trader opened a $100 million leveraged short near resistance. Technical indicators suggest further downside risk toward $1,850–$1,900 if support near $2,000 fails. However, a break above $2,150 could trigger a short squeeze and a rally back to $2,250 or higher. Market sentiment is also influenced by regulatory developments, U.S.-Iran tensions, and Federal Reserve policy expectations.
Bitcoin's short-term price direction hinges on Thursday's U.S. Personal Consumption Expenditures (PCE) inflation report, a key indicator for Federal Reserve policy. Higher-than-expected inflation may pressure Bitcoin and altcoins, pushing prices lowe...
Ethereum is currently experiencing significant challenges, including massive institutional losses and fragmentation of user activity across multiple Layer-2 (L2) networks such as Arbitrum and Optimism. This has led to decreased demand for base-layer ...
Ethereum controls about $190 billion of the $322 billion stablecoin market, representing 55% of all stablecoins. This dominance is supported by Ethereum's strong security, with over 39.2 million ETH staked, and its appeal to large institutional users...
Bitcoin traded slightly higher near $77,200, maintaining above its 50-day average, supported by a sharp 5% drop in oil prices due to potential reopening of the Strait of Hormuz. This oil price decline lifted Asian equities, with major indexes in Indi...
Ethereum currently trades near $2,100 after defending the key $2,000 support level, showing signs of buyer interest despite a 3.72% weekly decline. The cryptocurrency faces resistance around $2,150, which it must overcome to potentially rally toward ...
