Ethereum is currently testing a major resistance level near $2,375 after reaching the top of its short-term descending channel. A successful breakout above this level could lead to a bullish move toward $2,550 and potentially $2,646, marking a 7% gain from the breakout point. However, failure to break this resistance may result in a retracement to lower support levels around $2,325, $2,290, and as low as $2,210. The next key indicator will be whether Ethereum can close above the resistance zone, which would confirm a positive short-term trend, or face rejection and pull back to support zones before attempting another rise.
Bitmine Immersion Technologies recently acquired 111,942 ETH, raising its total Ethereum reserves to about 5.4 million ETH. Chairman Tom Lee views the recent ETH price dip below $2,200 as a buying opportunity and remains bullish on a crypto supercycl...
David Hoffman, co-founder of Bankless, sold his Ethereum (ETH) holdings after concluding that the long-standing thesis of 'ETH is money' has largely played out. Despite selling his ETH, Hoffman remains bullish on the Ethereum network and its ecosyste...
Ethereum options markets remain bullish with a focus on $2,350 call options, even as total open interest slightly decreased to $6.96 billion. Calls represent 61.6% of contracts, indicating optimism for higher prices, while significant put interest ne...
Leading cryptocurrencies like Bitcoin and Ethereum dropped sharply as 'Extreme Fear' sentiment returned to the crypto market, with Bitcoin falling below $76,000 and over $300 million liquidated in 24 hours. Meanwhile, major U.S. stock indexes reached...
An Ethereum whale moved 2,000 ETH after holding it dormant for over 10 years, triggering discussion about whether this signals profit-taking or a potential distribution amid Ethereum's recent underperformance against Bitcoin. Despite ETH's weaker pri...
