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
Ethereum price has managed to maintain its position above the $2,300 support level and has kicked off a new upward trend, mirroring Bitcoin’s movements. ETH price surged, aiming to breach the $2,350 and $2,360 thresholds. The price skyrocketed, hitting a peak of $2,385. The market hit a high of $2,398, and at present, the price … Read more
Ethereum’s price has successfully maintained its position above the $2,320 support level and has initiated a new upward trend, similar to Bitcoin. ETH price surged, gaining momentum for a breakthrough above $2,340 and $2,350. The price surged, reaching as high as $2,380. The market reached a peak at $2,398, and currently, the price is in … 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’s price faced challenges in maintaining stability above $2,320, leading to a downward correction that reflected Bitcoin’s trajectory. ETH price has dipped under the $2,300 and $2,280 levels. A breakdown has been observed beneath a rising channel, with support pinpointed at $2,295 on the hourly chart for ETH/USD. The price skyrocketed to $2,220. A low … Read more
Ethereum’s price struggled to hold above $2,330 and has begun a downward correction, mirroring Bitcoin’s movements. ETH price has fallen beneath the $2,320 and $2,300 thresholds. The price even dipped below $2,265. A low was established at $2,256, and the price is currently consolidating its losses. A slight increase was observed above the 23.6% Fibonacci … Read more
Ethereum’s price struggled to hold steady above $2,380 and initiated a downward correction, mirroring Bitcoin’s movements. ETH price has fallen beneath the $2,365 and $2,350 thresholds. The price even dipped below $2,300. The price established a low at $2,264 and is currently consolidating its losses. A slight upward movement was observed, surpassing the 23.6% Fibonacci … Read more
Ethereum’s price has successfully maintained its position above the $2,320 support level and has initiated a new upward movement, similar to Bitcoin. ETH price accelerated towards a breakthrough above $2,350 and $2,365. A breakout occurred above a contracting triangle, with resistance identified at $2,320 on the hourly chart of ETH/USD. The price surged, reaching nearly … Read more
Ethereum’s market structure is currently experiencing a notable increase in tension that merits direct attention. On-chain, the supply picture appears to be the most constructive it has been in some time. On the chart, ETH continues to face challenges in breaking through a resistance zone it has tested four times in the past six weeks. … Read more