Ethereum faced significant pressure as broader market weakness dragged altcoins lower. After peaking near $4,900 earlier in the cycle, Ethereum has remained locked in a downtrend, with only brief and unsuccessful recovery attempts. At press time, ETH was trading around $2,856, down 2.36% on the day and roughly 10% over the week. The persistent decline … Read more
Ethereum’s positioning is becoming more concentrated as both long-term and short-term participants converge on bullish exposure. On-chain data reveals that Bitmine, associated with Tom Lee, has amassed 48,049 ETH, which is roughly valued at $140.6 million. This accumulation indicates a robust conviction on the spot side, reflecting a longer-term investment perspective. Simultaneously, the engagement in … Read more
In turbulent market conditions, assets characterized by deep liquidity frequently exhibit signs of stress prior to any confirmation of price direction. Ethereum exhibited this trend as significant holders actively decreased their positions. At press time, ETH was trading around $2,957, showing signs of consolidation following a significant sell-off. Despite the extensive distribution, sellers were unable … Read more
Ethereum has tackled this issue by embracing Layer-2 solutions, establishing a network aimed at maintaining throughput, minimizing fees, and scaling transaction volume while avoiding ongoing network congestion. Scalability stands as a fundamental pillar for the mainstream adoption of ETH. However, that pillar now seems to be facing significant pressure. A prominent analyst reports that Ethereum’s … Read more
After a breakout attempt a few days ago, Ethereum faced resistance at $3.4k, leading to a drop to a local low of $3045. At the time of this report, Ethereum was priced at $3,118, reflecting a modest 0.03% increase on the daily charts and a 2.5% rise over the week. Amid this market decline, investors … Read more
The market’s at a juncture where “buy the fear” is crucial for a trend reversal. In other words, monitoring smart money is essential to capitalize on FOMO while navigating volatility. For Ethereum, this appears particularly significant considering the current positioning of traders. Arkham Intelligence has revealed that an ETH whale has initiated a substantial long … Read more
As 2025 approaches its conclusion, investors are beginning to focus on the opportunities that 2026 may present. The emphasis is on the altcoin market, which has shown weaker performance this year. Historically, when Ethereum leads, it often initiates an altcoin rally. It appears that we are beginning to observe indications of that rotation. Since mid-Q2, … Read more
Ethereum price has initiated a new upward trend, surpassing the $3,150 mark. ETH is currently in a consolidation phase and could soon target a definitive breakout above $3,350. Ethereum has initiated a downward correction from the $3,450 level, and the price is currently trading above $3,200 and the 100-hourly Simple Moving Average. A new connecting … Read more
Ethereum price has initiated a new upward movement, surpassing the $3,350 mark. ETH is currently retracing from its recent highs of $3,450 and could potentially drop further beneath the $3,200 mark. Ethereum has initiated a downside correction from the $3,450 level. The price is currently hovering around $3,200, closely aligned with the 100-hourly Simple Moving … Read more
Tom Lee has issued a warning that Ethereum might be undervalued at the $3,000 mark. Nonetheless, the selling pressure from the group holding between 1k and 10k ETH continued. In an intriguing development, the availability on exchanges has been decreasing, indicating a possible accumulation trend. The Fusaka upgrade has advanced Ethereum into a new phase … Read more