Ethereum is currently testing a critical descending trendline near $1,900-$2,000, which has controlled its price since its 2025 peak. A confirmed breakout above this level could signal a major bullish reversal and open the path toward $5,000 and beyond. However, failure to break this resistance may result in a decline back toward $1,500 or lower. Analysts highlight that Ethereum remains supported by a long-term rising channel since 2022, with a speculative long-term target of $44,000 if strong adoption and support continue. For now, the market awaits a confirmed breakout to validate the bullish outlook.
US Consumer Price Index (CPI) fell 0.4% in June, marking the biggest drop since 2020 and coming in below expectations with headline CPI at 4% and core CPI at 3%. This cooler inflation data increased the likelihood of a Federal Reserve interest rate c...
Ethereum is trading below $1,800 as investors await U.S. inflation data and Federal Reserve signals, with a key resistance level at $1,850. A confirmed breakout above this level could trigger short seller liquidations and drive the price toward $2,20...
Ethereum co-founder Joseph Lubin has defended the current low fee structure of Ethereum's Layer 1 network, emphasizing its importance for fostering growth and widespread adoption. This comes amid debates sparked by the launch of Robinhood Chain, a La...
An Ethereum whale bought 9,389 ETH at $4,311 each about four years ago, totaling $40.47 million, and has never sold. With ETH now trading near $1,780, the whale faces an unrealized loss of $23.8 million, a 59% drop. Meanwhile, new wallets are activel...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
