Ethereum is trading close to the $2,000 support level with weak momentum and high leverage creating a fragile short-term market setup. Despite a rise in Binance open interest to 336,000 ETH and nearly $1 billion in combined derivatives exposure, heavy taker selling of -$744 million signals strong sell-side pressure. Technical indicators like RSI and MACD remain bearish, suggesting continued downward pressure unless ETH can reclaim the $2,200 zone. Analysts warn that high leverage could trigger sharp moves either way, making the market volatile in the near term.
Bitcoin dropped to its lowest level since early April after failing to break above $83,000, signaling a potential bear market with a pattern of lower highs since October. Despite this, US stock futures for the S&P 500 and Nasdaq 100 rose, nearing rec...
Hyperliquid's native token HYPE gained over 11% in the past day, outperforming major cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP, which showed minimal gains. Despite a general decline in derivatives trading volume for top cryptos, HYP...
Cryptocurrency prices steadied following reports that the US and Iran are close to extending their ceasefire by 60 days and reopening shipping routes through the Strait of Hormuz, easing geopolitical tensions and oil prices. Bitcoin held above $73,00...
Ethereum faces a crucial weekly close at the $1,850 support level, with technical analysis suggesting a potential drop to $1,070 if this support breaks. Institutional investors continue to withdraw from Ethereum ETFs, with $121 million in outflows ov...
Ethereum is trading near $2,014 to $2,127, showing two contrasting technical setups. One analysis highlights a five-year compression pattern suggesting a strong breakout could push ETH toward $10,000 if it breaks above the upper range near $6,000. Co...
