Ethereum price maintained its position above the $2,065 support zone, reflecting Bitcoin’s performance. ETH price has formed a strong foundation and kicked off a recovery wave, successfully surpassing the $2,080 resistance threshold. The price has surpassed the 50% Fibonacci retracement level of the downward movement from the $2,198 swing high to the $2,075 swing low. … Read more
Bitcoin’s price breakout efforts faced several obstacles at the $82,000 mark over the past week, a situation that can be partially attributed to the latest happenings regarding US ETFs. The spot Ethereum ETFs faced a challenging day, enduring a continuous streak of losses without a single day in the green. Last week, which concluded on … Read more
In the last week, there has been a noticeable decline in institutional demand for Ethereum, with no new capital inflows reported on any day during this period. According to data, Ethereum ETFs have experienced a significant weekly outflow of $65.65 million, representing the largest withdrawal since January. Last week marked the weakest performance for Ethereum … Read more
The price of Ethereum has consistently held above the $2,265 support level, similar to Bitcoin’s performance. ETH price established a foundation and initiated a recovery trend surpassing the $2,300 resistance level. The price exceeded the 50% Fibonacci retracement level of the decline from the $2,423 peak to the $2,265 trough. The bulls have driven the … Read more
Ethereum’s price has successfully maintained its position above the $2,300 support level and has initiated a fresh upward movement, similar to Bitcoin. ETH price accelerated towards a breakout above $2,320 and $2,350. The price surged, reaching as high as $2,365. The price reached a peak of $2,387 and is currently in a phase of consolidating … Read more
The Ethereum Foundation has finalized yet another over-the-counter transaction involving its ETH assets, this time transferring 10,000 ETH to BitMine Immersion Technologies as the counterparty. The transaction aligns with a persistent trend of organized selling that has characterized the Foundation’s treasury operations in recent months. On May 1, the Ethereum Foundation shared an update via … Read more
Ethereum has been navigating an ascending channel since it successfully reclaimed the $2k mark, maintaining its position above this threshold for an impressive 12 consecutive days. At the time of this report, the altcoin was priced at $2340, reflecting a decline of 2.02% on the daily charts. As the market finds stability above $2k, institutional … Read more
Ethereum staking activity is witnessing significant growth as bullish momentum returns, with ETH prices now firmly established above the $2,300 threshold. In light of the latest staking activities from both retail and institutional investors, the total amount of staked ETH has surged to unprecedented levels. Interest in Ethereum is surging, capturing the attention of both … Read more
Ethereum has experienced a decline, closing at lower lows after facing rejection at $2466, with a drop to a low of $2252. At the time of reporting, ETH was priced at $2,271, reflecting a decline of 2.55% on the daily chart. The recent market pullback has led to a dramatic increase in liquidation levels for … Read more
In the landscape of global markets, Ethereum stands out as one of the most heavily shorted assets, indicating a sentiment that goes beyond mere bearishness. This highlights a growing disparity between market expectations and ETH’s long-term fundamentals, placing the asset at the center of a more complex macro and structural narrative. Ethereum is recognized as … Read more
