Top traders in Ethereum futures markets have significantly increased their long positions, with USDT-margined accounts holding longs jumping over 6 percentage points. This shift indicates growing bullish sentiment among sophisticated traders, especially in both coin-margined and USDT-margined futures. While this optimism suggests confidence in Ethereum's near-term price upside, it also raises the risk of sharp liquidations if momentum reverses. Market watchers will closely monitor funding rates, open interest, and spot flows to gauge the sustainability of this trend.
Ethereum (ETH), currently trading near $1,880, may break its previous high of nearly $5,000 due to growing institutional adoption, according to Fundstrat co-founder Tom Lee. He highlights that unlike past growth driven by ICOs and NFTs, this new phas...
Ethereum (ETH) has rallied from June lows around $1,500 to nearly $1,950, showing strong short-term bullish momentum. It has moved above its 20-day and 50-day moving averages, which now act as support, but faces resistance at the 100-day EMA near $1,...
Large Ethereum purchases by whales, including Arthur Hayes buying 1,293 ETH and a 21.3K ETH transfer from Fidelity Custody to a new wallet, highlight growing institutional confidence despite ETH trading below $2,000. Exchange data shows mixed short-t...
The recent crypto market rebound has halted, with Cash Cat and Dogecoin struggling near their lows amid persistent selling pressure. Cash Cat remains below key moving averages, consolidating around $0.10, while Dogecoin trades near $0.0737, stuck bel...
Cryptocurrency markets saw a general decline with Bitcoin priced near $64,223, down 0.99%, and Ethereum falling 2.65% to around $1,874. Other major coins like Binance Coin and Solana also dropped slightly. This reflects ongoing market volatility and ...
