Ethereum's price fell below its ascending channel and key support levels due to rising U.S. Treasury yields, weakening market sentiment, and persistent outflows from Ethereum ETFs. Technical indicators like the MACD have turned bearish, and Ethereum is trading below its 20-day EMA, increasing the risk of a further decline toward the $1,800 support zone. Over $1.7 billion in leveraged long positions face liquidation if Ethereum breaks below $2,040, which could trigger sharp volatility. However, a rebound in institutional demand or easing macroeconomic pressures could help Ethereum recover above $2,280 and avoid deeper losses.
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...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
