Ethereum has experienced one of its longest and most severe capitulation phases, with a majority of its supply held at a loss since January. Despite this, recent on-chain data and price recovery from lows near $1,500 to around $1,890 indicate growing buyer momentum and resilience. Key resistance lies near $1,935, and a breakthrough could trigger a significant bullish phase as long-term investors accumulate at reduced prices while weaker holders exit. This capitulation period, though painful, may lay the foundation for Ethereum's next major price increase if market conditions remain favorable.
Ethereum price dropped to around $1,880 after failing to surpass the $2,000 resistance level, pressured by profit-taking, rising derivatives leverage, and a sharp sell-off in U.S. tech stocks. Despite $26.3 million inflows into U.S. spot ETH ETFs, ma...
Cryptocurrency markets display varied price changes with Bitcoin holding around $64,935, slightly down by 0.25%. Ethereum and several altcoins such as ADA and SOL experienced more significant declines, with ADA dropping over 4% and SOL over 2%. Some ...
Charles Hoskinson, founder of Cardano and former Ethereum co-founder, criticized Ethereum's governance model for lacking sustainable funding and relying on a few large organizations. He advocates for more decentralized governance through token holder...
Ethereum's price has risen over 13% in the past month, and analyst Ali Martinez highlights a key support level at $1,850. If ETH maintains this support, it could rally to $2,060, forming a rising channel on the 1-hour chart. Currently trading near $1...
Bitcoin remained steady just below $65,000 while the broader crypto market showed gains even as Brent crude oil surged to $97.66, its highest since May, driven by ongoing Iran conflict concerns. This resilience contrasts with past oil price spikes th...
