Ethereum experienced a downturn on Tuesday, hovering just above $2,080 as the broader crypto market showed signs of weakness — a figure significantly below a crucial level pinpointed by expert Ali Martinez as the catalyst for a prolonged macro bull run. In a detailed analysis shared on social media platform X, Martinez argued that reaching … Read more
Ethereum price held steady above $2,050 and initiated a solid upward trajectory, mirroring Bitcoin’s performance. ETH price surged past the $2,080 and $2,120 resistance thresholds. The bulls have pushed the price past $2,150. A peak was established at $2,174 before the price initiated a downward correction. A decline occurred beneath the 38.2% Fibonacci retracement level … Read more
Ethereum price held steady above $2,020 and initiated a notable upward trend, surpassing Bitcoin. ETH price surged past the $2,050 and $2,065 resistance levels. A significant breakout occurred above a crucial bearish trend line, with resistance identified at $2,065 on the hourly chart of ETH/USD. The bulls have pushed the price above the 50% Fibonacci … Read more
The current Ethereum price action presents an intriguing technical outlook, characterized by a range-bound environment on the higher timeframe, where patience will play a crucial role in determining the next move. The Ethereum price action is currently at a critical juncture. Crypto analyst Minga suggests that to achieve a true cycle bottom, one more downward … Read more
The Ethereum Foundation has staked around $93 million in ether on Thursday across multiple batches, elevating its total staked position to about $143 million. This move is nearly fulfilling the 70,000 ETH staking target it revealed in February, as per data. The total deposit of 45,034 ETH was divided into uniform segments of 2,047 ETH, … Read more
Recent data indicates that Ethereum’s Open Interest experienced a significant spike prior to the cryptocurrency’s price dropping nearly 5% in the last 24 hours. This week marked a notable recovery for Ethereum and the broader digital asset sector in the initial three days. However, Thursday introduced a shift, as the market overall experienced a retracement. … Read more
Ethereum price surged, continuing its recovery trend above $2,020, outpacing Bitcoin. ETH price successfully broke through the $2,050 and $2,065 resistance levels. The bulls have successfully driven the price above the 61.8% Fibonacci retracement level, marking a significant move from the $2,198 swing high down to the $1,936 low. Nonetheless, the bears continued to exert … Read more
After staying below $2k for three consecutive days, Ethereum has successfully reclaimed this crucial level, reaching a peak of $2092. At this time, the cryptocurrency was trading at $2059, showing a modest increase of 0.46% on the daily charts, indicative of increased volatility. As ETH struggles to maintain its position above 2k, whales are adopting … Read more
The Ethereum Foundation has staked an additional 22,517 ETH, equivalent to $46.2 million, as part of its previously disclosed staking initiative, based on on-chain data. The most recent staking activity involved 11 separate transactions, with each transaction seeing 2,047 ETH staked, equating to approximately $4.2 million. The firm has staked a total of 24,623 ETH, … Read more
Ethereum’s price may seem muted, but the liquidity landscape reveals a contrasting narrative as a fundamental transformation in infrastructure takes shape beneath the surface. In a significant development, the stablecoin supply has surged, with an impressive $5.8 billion influx over the past month, elevating total liquidity to approximately $163.3–$163.4 billion. HyperEVM contributes approximately $1.7 billion, … Read more