Tag: Ethereum

Ethereum Trades Inside A Multi-Year Bullish Pennant – Analyst Sees A Breakout Above $4K

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Este artículo también está disponible en español. Ethereum experienced one of the craziest days in its history last Monday, plunging over 30% in less than 24 hours amid widespread market panic fueled by U.S. trade war fears. However, within hours, ETH staged an impressive recovery following President Trump’s announcement of negotiations with Canada and Mexico to ease tariff concerns. This sharp rebound has reignited optimism among investors, with many now closely watching Ethereum’s next move. Related Reading Despite the recent volatility, top analyst Jelle shared a technical analysis revealing that…

Eric Trump’s Ethereum Tweet Sparked a Rally—Will Bitcoin Follow?

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Eric Trump’s Ethereum tweet lined up with one of the biggest reversals in months. Now, he’s turning to Bitcoin—does this call mean anything? Eric Trump’s latest comment on Bitcoin (BTC) has sparked chatter, though its immediate market impact appears to be limited.  On Feb. 6, he took to X, posting, “Feels like a great time to enter #BTC!” The remark briefly pushed Bitcoin past $98,000 before settling back to around $97,650, reflecting only a modest 0.4% hourly gain at the time of writing. The reaction stands in contrast to what…

Ethereum Price Sets Its Sights on Higher Levels: Can Bulls Maintain Momentum?

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Este artículo también está disponible en español. Ethereum price started a recovery wave above the $2,650 zone. ETH is showing positive signs and might aim for a move above the $2,880 resistance. Ethereum started a decent upward move above the $2,650 zone. The price is trading below $2,850 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with resistance at $2,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,880…

Ethereum Is Testing Key Support on the ETH/BTC Chart – A Parabolic Move Could Be Next

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Este artículo también está disponible en español. Ethereum experienced one of the most chaotic trading days in its history last Monday, as it plunged over 30% in less than 24 hours amid escalating U.S. trade war fears. However, the market quickly rebounded after President Trump announced negotiations with Canada and Mexico, leading to a sharp recovery across crypto assets. Related Reading Despite this rebound, Ethereum remains significantly weaker than other altcoins, raising concerns about how long this underperformance will last. Investors are closely watching price action, as ETH continues to…

Ethereum Recovers To $2,800 As Exchange Outflows Near $1 Billion

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Ethereum has made a recovery to $2,800 during the past day as on-chain data shows the whales have been making massive withdrawals from exchanges. Ethereum Exchange Outflows Spiked After Price Crash According to data from the market intelligence platform IntoTheBlock, investors reacted to the latest crash in the Ethereum price by making outflows from exchanges. The on-chain indicator of relevance here is the “Exchange Netflow,” which keeps track of the net amount of the cryptocurrency that’s entering into or exiting the wallets associated with all centralized exchanges. When the value…

Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says

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The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new post on X, Glassnode has discussed about how the Ethereum futures market has changed during the past day. ETH, like other digital assets, has witnessed significant volatility inside this window. Sharp price action usually means chaos for the derivatives side of the sector and indeed, a large amount of liquidations have piled up on the various…

Ethereum Price Path to Recovery Blocked by Key Barriers

Este artículo también está disponible en español. Ethereum price started a recovery wave above the $2,550 zone. ETH is showing positive signs but faces many hurdles near the $2,880 level. Ethereum started a decent upward move above the $2,550 zone. The price is trading below $2,880 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at $2,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,880 level. Ethereum Price Recovery…

Ethereum Traders Buy the Dip as Solana Stablecoins Soar. Will $BEST Go Bullish?

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Ethereum saw some huge selling in the early trading hours of Monday as it dipped below the $2.1K mark – a 25% dip from its opening price that day. This fall was a result of whale wallets liquidating their positions in $ETH. For instance, two dormant wallets sent $149M and $201M worth of $ETH to Bitfinex. These wallets were last active in 2019 when a withdrawal of 77,736 $ETH was made. Aave ($AAVE) also saw some rapid liquidations during this time, totaling around $200M. Most of this liquidation came in…

Eric Trump’s Ethereum Endorsement Fuels Crypto Buzz

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Este artículo también está disponible en español. After momentarily sliding below important support levels, Ethereum (ETH) is once again on the climb. After a significant change in market mood, the second-largest digital asset by market capitalization passed $2,900. Related Reading Interestingly, Eric Trump, the son of US President Donald Trump, weighed in on the situation, remarking that it is a strategic opportunity to acquire ETH. Tariff Pause Sparks Market Rebound Concerns over possible tariffs on Canada and Mexico rattled the crypto market earlier this week. Both Bitcoin and Ethereum fell…

Tariffs’ relief sparks crypto market rebound—Bitcoin, Ethereum rise

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After a brutal sell-off, Bitcoin and Ethereum are back in action. With Trump pausing tariffs on Canada and Mexico, optimism is creeping back into the market—will the rally last? The crypto market has staged a strong rebound after a brutal sell-off triggered by the U.S. President Donald Trump’s tariff announcement on Feb. 1.  Bitcoin (BTC), Ethereum (ETH), and the broader digital asset market saw heavy losses after the U.S. moved to impose tariffs on Canada, Mexico, and China, but a temporary pause on trade restrictions for Canada and Mexico has…