Ethereum surged more than 5% in 24 hours, climbing back above $1,700 for the first time since June's selloff, alongside Bitcoin pushing past $60,000. This rally is driven by broader market optimism following dovish Federal Reserve comments on inflation, sparking a short squeeze on heavily shorted assets like Ethereum. Technical indicators show Ethereum breaking key resistance levels, with $1,700 now a crucial support. If Bitcoin stays above $60K and Ethereum holds $1,700, the next target is $1,800, with potential to reach $2,000+ if ETF inflows continue. However, the rally is overbought and could see a short-term pullback to $1,600 support. Investors should watch these levels and manage risk carefully.
In June, U.S. spot bitcoin ETFs experienced a record $4.06 billion in outflows, marking their worst month ever and pushing them into negative territory for 2026. Despite this, large bitcoin holders, known as whales, accumulated over 270,000 BTC worth...
Bitcoin and Ether markets show signs of recovery, but options data reveals traders remain cautious, favoring protective put options over bullish calls. Bitcoin's one-week put-call skew remains elevated at 16%, indicating ongoing demand for downside i...
On July 1, Binance recorded over 166,000 Ethereum (ETH) withdrawal transactions, the highest single-day total in more than three years, with over 3 million ETH withdrawn since early May. This trend suggests investors are moving ETH to self-custody wa...
Top traders significantly reduced their Ethereum futures long positions in both USDT- and coin-margined markets, signaling a short-term de-risking despite stable overall crypto market conditions. Ethereum's long position share among top traders fell ...
Ethereum price rose above $1,700 after a 6% gain, driven by renewed inflows into U.S. spot Ethereum ETFs, especially BlackRock's ETHA. Technical indicators like MACD and RSI show early signs of recovery, while a monthly TD Sequential buy signal sugge...
