Ethereum is trading within a narrow consolidation range near $2,342, with traders closely watching the $2,375 level as a key breakout point. A confirmed move above $2,375 could lead to a rally toward the $2,800–$3,161 zone. On the daily chart, Ethereum forms a tightening wedge pattern, suggesting a potential fast move toward $3,000 if it breaks above $2,460. However, confirmation is needed as price remains within the range and wedge, with support levels near $2,320 and $2,244 acting as short-term cushions. Failure to hold these supports could see Ethereum retesting lower support zones around $2,130–$2,180 or $2,070.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
