Ethereum has stayed just above $1,800 recently, a key support level, but thin trading volumes and weak investor interest suggest the current rally may be short-lived. Positive net inflows into Ethereum ETFs in July indicate some renewed interest, yet overall market sentiment remains cautious due to an unfavorable macroeconomic outlook and expected Federal Reserve rate hikes. If Ethereum fails to hold $1,800, it could fall toward $1,550, while resistance near $2,000 may limit any upside in the near term.
Ethereum's price surged more than 30% since mid-August, approaching the key $2,500 resistance level. Large investors like Bitmine and Tom Lee accumulated 34,000 ETH, while spot Ethereum ETFs saw $1.06 billion inflows in August, the highest in a year....
Bitcoin fell nearly 1% to around $79,000 during Asian trading as investors took profits after a week-long rally that boosted Bitcoin by about 23%. XRP led the broader crypto market decline, dropping over 4% but still up nearly 45% for the week. Other...
Bitcoin fell back below $79,000 after testing resistance above $81,000, with traders debating if this signals a sustained crypto recovery or a short-term pullback. Institutional demand remains strong, as US spot Bitcoin ETFs saw inflows of $337.56 mi...
Cryptocurrency prices are fluctuating with Bitcoin slightly increasing by 0.27% to $78,865, while Ethereum and several altcoins like BNB, XRP, and DOGE show minor declines. Some smaller tokens such as RAIN and HYPE have surged significantly, with RAI...
Ethereum's 1-week implied volatility surged from 33% to 67%, prompting traders to use calendar spreads betting on ETH reaching $2,700 by early September. This strategy involves selling near-term calls priced with high volatility and buying longer-ter...
