Ethereum’s weakness is becoming more apparent as whale positioning shifts. Price has dropped to approximately $1,740, positioning ETH beneath the whale realised price around $1,900. That gap indicates that numerous large holders are currently experiencing unrealised losses instead of profits. The pressure extends further. ETH is currently trading below the Binance listing AVWAP, hovering around … Read more
Ether experienced a significant drop, hitting a 13-month low of $1,540 on Friday, in line with the prevailing bearish trend affecting the wider cryptocurrency market. Traders are growing more apprehensive about a possible significant price correction, highlighted by the decline in ETH derivatives metrics and the increased risk stemming from the identification of a bug … Read more
Ethereum price struggled to hold above $1,840 and initiated a new downward trend, mirroring Bitcoin’s movement. ETH price has fallen below the $1,800 and $1,780 thresholds. The price even dipped below $1,750. A low was established at $1,715, and the price is currently consolidating losses significantly beneath the 23.6% Fibonacci retracement level of the decline … Read more
Ethereum briefly plunged below the $2,000 threshold this week for the first time since March 29. While the price has since stabilised and is currently trading near $2,002, it still remains almost 60% below August’s high of nearly $5,000. However, data indicate that the largest holders of ETH are once again in a phase of … Read more
Ethereum experienced a brief dip below the $2,000 mark this week, marking its first descent beneath this level since March 29. While the price has since stabilised and is currently trading near $2,002, it still remains almost 60% below August’s high of nearly $5,000. However, data indicates that the largest whales in the ETH ecosystem … Read more
Ethereum price struggled to maintain its position above the $2,120 level and continued its downward trend, mirroring Bitcoin’s movement. ETH price accelerated towards a decline beneath the $2,110 and $2,100 thresholds. The bears have successfully driven the price beneath the 38.2% Fibonacci retracement level of the upward movement from the $2,000 swing low to the … Read more
A significant ethereum holder divested 20,000 ETH, valued at $41.18, in a single transaction, indicating a concentrated surge of sell-side pressure in a market that is already grappling with a lack of clear direction. ETH was trading near the $2,059 level at the time of the transaction, a zone that analysts widely consider the last … Read more
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
Ethereum price has stayed supported above the $2,050 level, similar to Bitcoin. ETH price established a solid foundation and initiated a recovery wave, breaking above the $2,065 resistance level. The price has exceeded the 38.2% Fibonacci retracement level of the decline from the $2,197 swing high to the $2,075 swing low. The bulls managed to … Read more
Ethereum has slipped below the $2,150 mark as a combination of selling pressure and market uncertainty has wiped out the recovery that was gaining momentum since the lows in February. The decline is sharp — it resembles a market encountering supply that was strategically placed and poised for action. Data has pinpointed the source of … Read more
