Ethereum is trading near a critical long-term support range between $1,600 and $2,000, identified as an accumulation zone where buyers might enter for the long term. The price recently dropped to around $2,006, close to this zone, and is also near the lower side of a rising channel that has defined its market cycles. Another analysis suggests Ethereum could retest a lower support near $1,400, a level that has historically acted as a strong support in past cycles. If Ethereum holds these support levels, it could aim for higher targets at $10,000, $25,000, and $50,000 in the long term. However, a failure to hold these zones might lead to further downside, with $1,000 to $1,500 also noted as possible support areas.
Ethereum's price has formed a bearish rounded top pattern after failing to hold above $2,400, with institutional outflows and leveraged shorts pushing it below $2,150. U.S. spot Ethereum ETFs have seen nine straight sessions of outflows, totaling abo...
Bitcoin's short-term price direction hinges on Thursday's U.S. Personal Consumption Expenditures (PCE) inflation report, a key indicator for Federal Reserve policy. Higher-than-expected inflation may pressure Bitcoin and altcoins, pushing prices lowe...
Ethereum is currently experiencing significant challenges, including massive institutional losses and fragmentation of user activity across multiple Layer-2 (L2) networks such as Arbitrum and Optimism. This has led to decreased demand for base-layer ...
Ethereum controls about $190 billion of the $322 billion stablecoin market, representing 55% of all stablecoins. This dominance is supported by Ethereum's strong security, with over 39.2 million ETH staked, and its appeal to large institutional users...
Bitcoin traded slightly higher near $77,200, maintaining above its 50-day average, supported by a sharp 5% drop in oil prices due to potential reopening of the Strait of Hormuz. This oil price decline lifted Asian equities, with major indexes in Indi...
