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Ethereum’s Rollercoaster: Will it Bounce Back?

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…

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Ethereum’s Big Bounce Back: Whales Fuel the Recovery

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….

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Ethereum Futures Market: Still Too Hot?

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…

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Ethereum’s Price Soars: A Bullish Forecast

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…

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