Ethereum had a wild ride last Monday – a 30% drop in a single day! Market panic, fueled by trade war worries, was to blame. But things turned around quickly after some positive news on trade talks, sparking renewed hope among investors. A Long-Term Bullish Outlook Despite the recent volatility, a leading analyst, Jelle, points…
Ethereum had a wild ride last Monday, plummeting over 30% in a single day due to trade war worries. But things quickly turned around after some positive news, and crypto prices generally recovered. Ethereum’s Underperformance Despite the rebound, Ethereum’s performance is lagging behind other cryptocurrencies. It’s trading at historically low levels compared to Bitcoin and…
Ethereum’s price has rebounded to around $2,800 after a recent dip. This recovery seems linked to some serious whale activity. Whale Withdrawals: A Billion Dollar Exodus Data shows massive withdrawals of Ethereum from cryptocurrency exchanges. Specifically, the “Exchange Netflow” – which tracks the overall movement of ETH in and out of exchanges – spiked negatively….
Glassnode, a crypto analytics firm, says the Ethereum futures market is still running hot, even after a recent big shake-up. Ethereum Open Interest Remains High Glassnode’s latest report shows that despite a significant drop in price and a wave of liquidations, Ethereum’s open interest (the total value of outstanding futures contracts) remains above average. They…
Ethereum (ETH) experienced a wild price swing recently, dropping from around $2,900 to $2,120 before recovering sharply. This rollercoaster ride sparked a lot of debate online. A Wild Ride for ETH The dramatic price fluctuations happened on February 4th. While the price plummeted during the day, it ultimately closed with a significant 26% gain –…
Ethereum took a massive hit last weekend, dropping over 30% in a single day. This crash, part of a broader crypto market downturn fueled by trade war fears, has everyone wondering what’s next for ETH. The Big Drop and What it Means The crypto market saw a huge liquidation event, losing over $2 billion in…
Ethereum is looking really good right now, showing strong signs of growth. Analysts are predicting a significant price increase in the coming weeks. A Bullish Expansion Phase Crypto analyst Ted Pillows believes Ethereum is in a bullish expansion phase, following periods of accumulation and manipulation. This means a big price jump is likely. He sees…
Ethereum (ETH) has been on a bit of a rollercoaster lately. While it saw a nice 1.86% jump yesterday, the bigger picture since December 2024 has been pretty gloomy. But don’t count ETH out just yet! There are some interesting signs pointing towards a potential price surge. Buying Frenzy Despite Falling Prices Since hitting $4,000,…
Ethereum (ETH) has bounced back impressively after the recent Federal Open Market Committee (FOMC) announcement, surging by 5.35%. Historically, ETH often recovers quickly from volatility, sometimes seeing gains as high as 34%! This recovery is fueled by increasing institutional interest, with a net inflow of $67.77 million into ETH ETFs, led by BlackRock. Let’s dive…
Ethereum is making a comeback! After climbing back above $3,200, it’s seen a massive 5% price increase in just one day. This boost has also increased its market cap and daily trading volume. It’s now only 33% away from its all-time high, making investors sit up and take notice. What are Analysts Saying? Several analysts…
