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.
While major cryptocurrencies like bitcoin and ether have seen little change recently, tokens linked to perpetual-futures platforms such as Hyperliquid's HYPE have surged over 40%, driven by strong trading volumes and fee revenue. Privacy-focused coin...
Ethereum is recovering from the 0.5 Fibonacci support level near $2,088 and the lower boundary of its rising channel, aiming for a short-term target of $2,561. To strengthen its bullish momentum and pursue a long-term $10,000 target, Ethereum must ho...
Ethereum has maintained its critical support level around $2,100 despite a recent market correction, which helps preserve its long-term bullish trend established since 2022. This support zone acts as a pivotal point for buyers and sellers, influencin...
Bitcoin trades around $77,801 with a modest 0.78% gain, while Ethereum remains near $2,134, reflecting a cautious crypto market influenced by macroeconomic factors like the dollar index, Treasury yields, and Federal Reserve policy expectations. The t...
Ethereum is maintaining its price just above the key $2,100 support level despite ongoing pressure from declining US market interest and seven consecutive days of ETF capital withdrawals totaling over $62 million. The Coinbase Premium Index shows red...
