Ethereum has initiated a recovery wave, moving above the $2,125 threshold. The price is currently trading above $2,140, surpassing the 100-hourly Simple Moving Average. A significant breakout occurred above a crucial bearish trend line, with resistance identified at $2,145 on the hourly chart of ETH/USD. The pair may initiate a new downward trend if it … Read more
Bitmine has significantly increased its investment in Ethereum with a $137 million acquisition, as the leading altcoin rebounds to the crucial $2,150 level, leading some market analysts to propose that the crypto market correction might be nearing its end. On Monday, Bitmine, the largest Ethereum treasury globally, announced that it has increased its investment in … Read more
Ethereum’s recent rebound has lost momentum after yet another unsuccessful effort to break through the overhead resistance level. The market continues to maintain its position above the February base, sustaining the broader recovery narrative. However, the recent rejection indicates that bulls have yet to assert full dominance. Currently, ETH appears to be trapped between a … Read more
Ethereum is currently hovering near the $2,150 mark as volatility continues to grip the wider cryptocurrency market, showcasing a period of uncertainty in the wake of recent price fluctuations. The asset has stabilized around current levels, but momentum is still delicate. Traders are keeping a close eye on whether demand can support a recovery or … Read more
Ethereum has entered a valuation range that certain on-chain analysts link to significant long-term bottoms, as ETH has dipped below its realized price for the first time in two years. On Thursday, prominent crypto analyst Ali Martinez expressed via X that the current setup mirrors previous cycle lows. In a recent update on X, the … Read more
Ethereum has experienced a remarkable 24% increase in just over a week, surpassing a crucial resistance level with robust trading volume, indicating a resurgence of bullish momentum. With a bullish structure still in play, the focus now turns to whether ETH can maintain its momentum toward the $4,956 target or if it will experience a … Read more
Ethereum continued its upward momentum, reaching a local peak of $2385, before experiencing a slight pullback to $2317 at the time of this report. The altcoin’s ongoing ascent triggered significant liquidations of futures positions. In a striking turn of events, more than $136 million in short positions faced liquidation, contrasted by $39 million in long … Read more
As the crypto market rebounds, a crucial indicator has signaled a significant bullish trend on the Ethereum daily chart, indicating that the conclusion of its six-month downtrend may be approaching. However, certain analysts have cautioned investors about the potential for a bull trap, which could lead to a reversal and new lows. Ethereum started the … Read more
Ethereum price continued its upward momentum after surpassing the $2,050 mark, mirroring Bitcoin’s performance. ETH price successfully surpassed the $2,120 resistance zone. The bulls have successfully driven the price above the 76.4% Fibonacci retracement level of the downward movement from the $2,209 swing high to the $2,062 low. Additionally, a significant bullish trend line is … Read more
The sentiment surrounding Ethereum derivatives has taken a notable turn towards bearishness, as Funding Rates on Binance have plunged into deeply negative territory. Initially, funding remained largely favorable through mid-2025 as ETH fluctuated between $3,500 and $4,500. The trend gradually weakened as prices descended toward $3,000 by late 2025. Soon after, the conditions shifted more … Read more