Ethereum (ETH) is approaching a critical resistance near its 100-day exponential moving average (EMA), a level that has historically acted as a barrier during its recent downtrend. The price has shown signs of recovery with higher lows and increased trading volume, indicating renewed buying interest. A successful breakout above the 100 EMA could lead ETH to target resistance levels between $2,500 and $2,700, signaling a stronger bullish momentum. However, failure to break this level might cause a pullback to $2,100–$2,200 support, risking a continuation of the bearish trend. Traders are closely watching this pivotal moment to gauge Ethereum's midterm price direction and its impact on the broader crypto market.
Bitcoin's most popular call option strike price has shifted down from $80,000 to $70,000, indicating a lower expected price ceiling for the cryptocurrency. Open interest in the $70,000 call option now exceeds $1.6 billion, reflecting traders' bets th...
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 ...
