Ethereum Watch

Whale activity and a 79% volume surge suggested potential bullish momentum for Ethereum. On-chain metrics remained mixed, but bulls held a slight edge in the Long/Short Ratio. An Ethereum [ETH] ICO participant, who initially gained 150,000 ETH (now valued at $389.7 million), made a significant move by depositing 3,510 ETH ($9.12 million) into Kraken after […]

Ethereum’s large transaction surge by 13%, hinting at a looming price action. Over 547,600 ETH worth $1.26 billion hit exchanges, stirring market excitement. In the past three weeks, a total of 547,600 Ethereum [ETH], valued at more than $1.26 billion has been transferred onto cryptocurrency exchanges, according to a renown analyst tweet. Advertisements This significant […]

Ethereum formed similar structures on the price charts at similar times ETH set to close the gap created after falling below the critical support band Ethereum’s [ETH] recent price recovery from the $2,100-level has sparked speculation that it may replicate its 2016 and 2019 successes in 2024. Advertisements With Ethereum (ETH) poised to close a […]

Ethereum outperformed Bitcoin as a whale moved 5000 ETH. ETH liquidations cooled off as ETF flow stabilized.  Ethereum [ETH] surged 6.9% in the last 24 hours, outpacing Bitcoin’s [BTC] 1% gain. This sharp rise suggested renewed confidence in the crypto market after a challenging week. Advertisements This outperformance thus raises a question: Is the altcoin […]

The Pi Cycle Top indicator revealed that ETH’s possible market bottom was at $3k.  Most metrics looked bullish on ETH, but a few market indicators suggested otherwise.  After a week of nearly double-digit price drops, Ethereum [ETH] showed signs of recovery in the past 24 hours. In fact, if the latest data is to be […]

The crypto market saw two-way volatility in July as speculators reacted to events. The Federal Reserve held the benchmark interest rate at the current 23-year high for the eighth consecutive time. Bitcoin [BTC] traded fairly unchanged on the last day of July in the immediate aftermath of the Federal Open Market Committee’s interest rate decision. […]

Ethereum witnessed a more severe correction last week than Bitcoin.  Metrics suggested that selling pressure was high on BTC and ETH, but ETH had an edge.  Bitcoin [BTC] remained in the limelight over the last week as it approached $70k, but later plummeted near $66k. Ethereum [ETH] had a tougher week as it witnessed a […]

The largest ETH ETF, Grayscale, had a single-day outflow of $210 million. ETH also turned bearish, and most metrics hinted at a continued price drop.  Exchange Traded Funds (ETFs) have gained much traction since the beginning of this year with the launch of Bitcoin [BTC] ETFs. Things got even better over the last week as […]

The percent of ETH supply on exchanges has dropped to an eight-year low. ETH rebounded from its decline in the previous trading session. Not only has Ethereum’s [ETH] price declined in the last few days, but its supply on exchanges has also decreased. This decline aligns with the trend in its Netflow, which has seen […]

$4.7 billion in BTC and ETH options are set to expire, potentially influencing market volatility. Technical analysis on the chart shows us possible price movements for Bitcoin and Ethereum following the options expiry In the financial markets today, all eyes are on the cryptocurrency sector as it braces for a significant event. Advertisements Both Bitcoin […]