Ethereum has surpassed $150 billion in on-chain stablecoin liquidity, signaling strong real economic activity on its network. Its price recently reached $1,748.47 after an 11% weekly gain, approaching a critical resistance zone between $1,750 and $1,800 where sellers have historically capped gains. Despite prolonged outflows from ETH ETFs, recent inflows suggest renewed buying interest. Analysts see potential for price growth if Ethereum holds above this resistance with strong volume, supported by developments like Lean Ethereum and increased on-chain real-world assets.
Ethereum options open interest increased to $4.33 billion, up 4.3% from the previous day, driven by strong call option activity around the $1,800 strike. Calls make up 57.36% of total open interest, indicating traders are betting on near-term price g...
Bitcoin briefly rose above $64,000 before settling in the low $63,000s, maintaining a 6% weekly gain despite Strategy selling 3,588 BTC worth about $216 million. This recovery follows a drop to near $58,000 in late June and shows resilience amid thin...
Ethereum has generated a new Tom DeMark Sequential buy signal on its one-hour chart, suggesting a potential easing of recent selling pressure. Currently trading near $1,770, the key support level is $1,750; staying above this could push Ethereum towa...
About $410 million in leveraged crypto positions were liquidated within 24 hours, driven mainly by Bitcoin and Ethereum losses. Long positions accounted for nearly 63% of liquidations, indicating traders betting on price rises were hit hardest. Howev...
Ethereum's price rose 11.7% in the past week, triggering over $300 million in short liquidations. However, on-chain data shows a shift of assets back to exchanges, indicating holders might be preparing to sell. Other metrics like declining open inter...
