Ethereum has sustained its rebound from the lows observed in June and is currently nearing a significant technical inflection point. While the recent rally has enhanced short-term sentiment, the asset continues to trade below a confluence of long-term resistance levels. It’s interesting to note that the liquidation landscape roughly corresponds with these technical hurdles, indicating … Read more
Ethereum has demonstrated a significant recovery after successfully holding its recent lows, as buyers steadily regain momentum. While the higher time frames remain constrained beneath major resistance, the lower time frame structure has shown improvement, and on-chain activity seems to be stabilising after months of reduced network participation. On the daily chart, it is clear … Read more
Ethereum has been attempting to recover from its early June sell-off; however, the rebound is facing rejection from a technically significant resistance zone. While short-term momentum continues to exhibit positive characteristics, both the daily structure and the Coinbase Premium Index indicate that buyers must still exert effort to establish a definitive trend reversal. The daily … Read more
Ethereum has encountered increased selling pressure following a significant reduction in positions by large holders, who have divested approximately 550,000 ETH, amounting to nearly $880 million, within the last week. The scale of the distribution indicated a rising caution among significant market participants, which in turn augmented the available supply entering the market. Consequently, Ethereum … Read more
Ethereum remains under significant pressure, despite a recovery of approximately 5% from its recent multi-year low of just over $1,500. The threat persists as numerous significant investors within its ecosystem continue to divest. The sole favourable development in recent weeks has been the resurgence of SharpLink. Data shared by prominent analyst Ali Martinez indicates that … Read more
The world’s largest altcoin experienced significant pressure from the prevailing market weakness over the past week, declining to just over $1,500 for the first time in more than a year. The asset remains below key support levels, including $1,800, which holds particular significance in its long-term potential, according to popular analyst Michaël van de Poppe. … Read more
Ethereum whales have reemerged, engaging in both staking and purchasing activities. Lookonchain data suggested that Andreessen Horowitz (a16z) seemed to be acquiring Ethereum. On June 23rd, a wallet linked to a16z withdrew 25,560 ETH, equivalent to $42.62 million, from Binance. On the same day, Tom Lee’s Bitmine acquired an additional 35,138 ETH, valued at $58.65 … Read more
Ethereum traders are closely monitoring the potential for a significant response from a lower demand zone to evolve into a more extensive short-term recovery. One analyst has identified upside targets reaching as high as $1,850. It is presented as a short-term bullish setup following a significant price reaction from the $1,670–$1,690 demand zone. The analyst … Read more
Ethereum has made a slight comeback after discovering support at $1.5K earlier this month. However, mood data show that buyers have not yet taken back control of the market, and the asset is still below important technical obstacles. The latter in particular demonstrates a weak institutional demand, indicating that recovery efforts may encounter significant obstacles. … Read more
Ethereum price struggled to maintain its position above the $1,700 mark and continued its downward trend, mirroring Bitcoin’s performance. ETH price accelerated towards a decline, targeting levels beneath $1,680 and $1,665. There was a breakdown beneath a bullish trend line, with support positioned at $1,700 on the hourly chart of ETH/USD. The bears have driven … Read more