Ethereum's price has pulled back about 13% from recent highs, trading near $2,053 amid increased selling pressure driven by geopolitical tensions and rate hike concerns. Despite the short-term weakness and over $103 million in liquidations, on-chain data shows whales accumulating, with unrealized profits at historically low levels, suggesting reduced selling incentive and a potential market bottom. Historical indicators also point to Ethereum entering an oversold zone similar to past cycle lows, supporting the possibility of a stabilization phase and eventual recovery. While a bullish reversal is not guaranteed yet, Ethereum remains at a critical juncture where downside risk may be limited and upside potential toward $3,500 remains intact if key supports hold.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Ethereum faces resistance near $1,900, which might cause a short-term pullback to $1,810 or $1,781. However, a confirmed double-bottom breakout suggests a potential 15% rally to the $2,125–$2,186 range if it holds above $1,817. Breaking below $1,781 ...
Ethereum (ETH) has outperformed Bitcoin (BTC) in Q3, driven by a rally sparked by a softer CPI report and strong on-chain metrics. The recent surge pushed ETH above $1,900, triggering significant liquidations in futures positions. However, ETH now fa...
