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
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
Ethereum has been trading in a sideways pattern lately, prompting traders to wonder why momentum continues to falter despite several attempts at upward movement. An analysis shared by an analyst indicates that the key to understanding the situation is a particular technical level that the asset has consistently struggled to reclaim. The recent price action … Read more
Ethereum’s price struggled to hold above the $2,300 mark and has begun a new downward trend, mirroring Bitcoin’s movements. ETH price has fallen beneath the $2,280 and $2,265 thresholds. The price dipped to trade below $2,250. A low was established at $2,233, and the price is currently consolidating its losses. A slight upward movement was … Read more
The Ethereum community has introduced Clear Signing, an innovative security feature aimed at eradicating blind signing—a method that has historically put users at considerable risk. As part of the Ethereum Foundation’s Trillion Dollar Security Initiative, Clear Signing has been unveiled to enhance transaction clarity. This innovative feature transforms cryptic hex data into human-readable descriptions prior … Read more
Ethereum price struggled to maintain its position above the $2,365 level and continued its downward trend, similar to Bitcoin. ETH price accelerated towards a decline, aiming for levels beneath $2,350 and $2,340. A break occurred below a bullish trend line, with support identified at $2,340 on the hourly chart of ETH/USD. The bears have driven … 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 is currently trading at approximately $2,330, a price point that, when viewed on the monthly chart, is positioned just above a significant long-term accumulation zone. However, recent market dynamics indicate that Ethereum is poised for significantly higher prices than $2,300 this cycle, and this situation extends beyond traders merely anticipating another rotation into ETH. … Read more
Ethereum is witnessing a significant change in derivatives positioning, with a sharp decline in high-leverage long positions throughout the market. The reduction indicates that numerous excessively bullish trades have either been voluntarily closed or compelled out due to recent liquidation events. Crypto investor and data analyst on X highlighted that Ethereum is currently experiencing a … Read more