Ethereum is currently testing a critical resistance level around $1,800, where about 4.3 million ETH changed hands previously. A successful breakout above this zone could open the path toward higher targets near $1,980 to $2,079, signaling stronger buyer momentum. However, failure to reclaim this level might lead to a decline toward support zones around $1,237 or even $1,000, indicating the bear market may still be ongoing. Analysts remain cautious, noting that Ethereum needs to confirm a bullish structure above this resistance to signal a potential trend reversal.
Ethereum's supply on centralized exchanges has dropped to 14.88 million ETH, the lowest in years, reflecting strong institutional demand highlighted by Bitmine's recent $69.44 million ETH purchase. U.S. spot Ethereum ETFs have seen net inflows since ...
Ethereum has been trading sideways between $2.4k and $2.5k, with $2.5k acting as a strong resistance level. Abraxas Capital has aggressively shorted $353 million worth of ETH but is hedging its position by buying $32.39 million in spot ETH to manage ...
Ethereum developers are introducing the Frames (EIP-8141) upgrade, enabling users to pay gas fees with stablecoins instead of ETH. This change decouples transaction fees from ETH's price, potentially increasing Ethereum's accessibility and utility. W...
Polkadot's token price jumped up to 20% driven by a short squeeze, increased on-chain activity, and governance proposals that could reduce token supply. Traders are pricing a 58% chance of a Federal Reserve rate hike next week, which contrasts with B...
Abraxas Capital purchased 13,000 ETH worth about $32.39 million to hedge a large short position of 141,180 ETH valued at $353.27 million on Hyperliquid. The firm is maintaining both the short and spot positions simultaneously as part of a market-neut...
