Ethereum's price has fallen below the key $2,000 level and is now testing support near $1,800 amid rising risks from heavy leverage and continuous outflows from U.S. spot Ethereum ETFs, which have seen 13 consecutive days of net withdrawals totaling about $695 million. Despite weakening prices, derivatives data show elevated leverage and positive funding rates, indicating crowded long positions that could trigger forced liquidations if the price drops further. This $1,800 level is seen as a critical support and sentiment pivot; a break below it could accelerate downside pressure, especially given the current bearish technical signals and ongoing institutional demand cooling. Traders are closely watching whether Ethereum can hold this support to avoid a cascade of liquidations and further price declines.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
