Ethereum continues to face considerable pressure across both higher and lower timeframes following the rapid loss of several key technical levels. While the recent rebound from the local bottom around $1.5K has provided some short-term relief, the broader structure still favours sellers unless ETH can reclaim a series of key resistance zones overhead. Moreover, the … Read more
Despite ongoing market uncertainty and a bearish outlook in certain areas of the cryptocurrency sector, Ethereum is on the verge of a notable adoption milestone, as the count of non-empty wallets approaches 200 million. While price fluctuations often dominate investor attention, the consistent increase in wallet activity indicates that engagement within the ETH ecosystem is … Read more
Ethereum price was unable to maintain its position above the $1,680 level and continued its downward trend, similar to Bitcoin. ETH price accelerated towards a decline beneath the $1,665 and $1,650 thresholds. The price even tested the 50% Fibonacci retracement level of the upward move from the $1,505 swing low to the $1,720 swing high. … 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
Ethereum’s controversial history during this period of extreme distress persists, as the asset ranked among the poorest performers on Friday and throughout the correction, plummeting to a 14-month low at $1,500. Following the recent FUD circulating on X regarding the potential sale by ConsenSys’ Joseph Lubin, there’s a silver lining for Ethereum. This includes insights … Read more
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
Ethereum price struggled to maintain stability above the $2,000 mark and has initiated a new downward trend, similar to Bitcoin. ETH price has fallen below the $1,980 and $1,950 thresholds. There was a breakdown beneath a contracting triangle, with support identified at $1,975 on the hourly chart of ETH/USD. The price even dipped below $1,920. … Read more
Ethereum price struggled to hold steady above $2,040 and initiated a new downward trend, mirroring Bitcoin’s movement. ETH price has fallen below the $2,020 and $2,010 thresholds. The price even dipped below $1,985. A low was established at $1,965, and the price has recently made an attempt at a minor recovery wave. There was a … Read more
Ethereum price struggled to maintain stability above $2,040 and has begun a new downward trend, mirroring Bitcoin’s movements. ETH price has fallen beneath the $2,020 and $2,010 thresholds. The price even dipped below $1,985. A low was established at $1,965, and the price has recently made an attempt at a minor recovery wave. There was … 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