In the last 24 hours, approximately $270 million in ETH long positions were liquidated. Despite the overall downturn in the cryptocurrency market on Thursday morning, certain altcoins have experienced more significant declines than their counterparts, with the largest among them facing notable challenges. ETH has recently declined to $2,315, reflecting a decrease of $200 for … Read more
The overall crypto market is currently experiencing a bearish phase; however, Ethereum has successfully led the growth of the stablecoin market cap over the past week. Data indicates that Ethereum’s stablecoin market capitalisation experienced an increase of $243.4 million, with Arbitrum One following at $108.6 million and Base at $51.1 million. Together, these three networks … Read more
Ethereum is maintaining a position close to $2.7K following a robust rebound from the summer lows; however, the recent price movements indicate a deceleration in momentum. ETH is currently confined within a constricting formation at the 2.7K-2.8K resistance zone, as the taker buy/sell ratio has diminished, indicating a more prudent approach to short-term positioning. On … Read more
Recent activity among original Ethereum investors has marked the largest transfer of long-dormant coins since early June. However, the actual number of ETH that reached exchanges was negligible, suggesting that this unusual activity may reflect wallet reshuffling rather than holders rushing to cash out as the underlying asset continues to contend with the $2,700 level. … Read more
ETH has experienced a decline in short-term momentum following its recent rally. However, the network has not exhibited a significant reduction in activity. Ethereum’s tradable supply on crypto exchanges has reached an unprecedented low. Currently, a mere 3.49% of ETH is retained on monitored platforms. Recent data indicates that an additional 1.16% of ETH supply … Read more
Ethereum has extended its recovery from the September lows and is now trading around 2.73K after slightly breaking above the 2.7K resistance area. The latest move has bolstered the short-term structure; however, ETH is nearing another significant resistance zone, and momentum may be starting to wane from its recent peaks. The daily chart indicates a … Read more
Data indicates that ETH possesses the most substantial stablecoin liquidity base among Layer 1s, representing 50% of the $300 billion market. This positions ETH with a significant liquidity reserve to allocate toward risk assets when market conditions shift toward risk-on. More importantly, liquidity rotation appears to have already commenced. Token Terminal reports that Ethereum processed … Read more
The analyst positions $3,270 and $4,892 as preliminary milestones on a more extended trajectory toward $10,000 and $15,000 in his optimistic ETH roadmap. Ethereum is currently retesting a resistance line that it has only approached on two prior occasions, in 2021 and again around 2025. Trader Crypto Patel characterises this situation as the “biggest breakout … Read more
Ethereum had a solidly bullish August. The monthly low and high were at $1,820 and $2,567, respectively, reflecting a 41% rally. The consistent increases were accompanied by a series of favourable inflows into Spot Ethereum ETFs. Since the 12th of August, Farside Investors’ data indicated a net inflow of $1.736 billion into spot ETFs. With … Read more
Ethereum is striving for stabilisation following its significant breakout in August; however, the subsequent momentum has been constrained. ETH is holding around $2.5K; however, the repeated swings within the same range indicate that the market is still digesting the rally rather than establishing a new directional trend. ETH’s broader structure continues to exhibit a positive … Read more
