Ethereum is currently testing a critical support zone between $2,180 and $2,230 as it trades near the bottom of a descending 4-hour channel, signaling potential for a rebound if buyers step in. The ETH/BTC ratio is also holding near a major weekly Fibonacci support level around 0.02781 BTC, which could indicate Ethereum's strength relative to Bitcoin if maintained. Traders are watching these levels closely, as a break below the support could lead to further downside, while a defense might push ETH toward resistance levels near $2,280, $2,330, and $2,390. The situation remains cautious but offers a possible setup for Ethereum to regain momentum against both USD and Bitcoin.
BlackRock's spot Bitcoin ETF saw $317 million worth of Bitcoin sold by its clients this week, contributing to a broader $1 billion net outflow from U.S. spot Bitcoin ETFs that ended a six-week inflow streak. Despite the selling pressure, BlackRock st...
The cryptocurrency market experienced a decline with Bitcoin dropping 2.69% to $79,086 and major altcoins like Ethereum, XRP, and Solana also falling. Trading volumes across spot, stablecoin, and derivatives markets weakened significantly, signaling ...
Solana (SOL) is trading within a $78–$98 range, with a breakout above $98 seen as a potential trigger for higher price targets around $107 and $117. Despite a recent dip influenced by broader crypto market weakness and macroeconomic factors like risi...
Large crypto investors are focusing their holdings on Bitcoin (83%) and Ethereum (80%) as a defensive move during ongoing market volatility. Several smaller altcoins show deeply oversold Relative Strength Index (RSI) readings, indicating potential sh...
Ethereum has been unable to break past the $2,400 resistance since March, showing a bearish trend as its price remains below key moving averages like the 200-day and 200-week. Despite a rise in total value staked indicating long-term investor confide...
