Ethereum Watch

$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 […]

ETH now trades at a two-month high. The number of short positions liquidated on 20th May represented the coin’s single-day highest since the beginning of the year.  Ethereum [ETH] has rallied to a two-month high after Bloomberg analysts increased the odds of the Ethereum Exchange Traded Fund’s (ETF) successful launch.  Advertisements In a post on […]

Bitcoin maintained a balanced Put/Call Ratio ahead of the deadline ETH traders face potential losses as its price was close to the maximum pain point According to data from Deribit, the market-leading derivatives exchange, Bitcoin [BTC] options with a notional value of $1.18 billion will expire on 17 May. Advertisements Also, Ethereum [ETH] contracts, valued […]

The positive reading of the bulls and bears indicator suggests that the price might increase. Ethereum’s network was overvalued and could hinder the potential upswing. The price of Ethereum [ETH] might have decreased by 7.30% in the last 24 hours, but an assessment of a key indicator suggested that the decline might soon end. Advertisements […]

Data showed that ETH’s underwhelming performance has restricted money flow in the market. Old coins were moving, indicating that selling pressure might continue. Ethereum [ETH] is challenged with replicating its performance in the last bull market, according to a recent report. Put together by 10x Research, the report stated that the project’s fundamentals have weakened. […]

Resistance at $3,353 could force ETH to decline to $3,120. In the midterm, the price might fail to surpass $4,000. Ethereum’s [ETH] rise to $3,300 on the 28th of April returned optimism to the market. However, according to AMBCrypto’s analysis, the joy market participants might have had could be momentary. Advertisements One reason for this […]

Ethereum Open Interest has seen a slight increase recently. ETH has maintained the $3000 range despite poor runs. In the past few days, Ethereum’s [ETH] price has experienced some declines, but this isn’t the only notable change in key metrics. Advertisements The Open Interest has also seen significant movements, and its next direction could significantly […]

ETH has corrected as much as 17% over the week, and could fall further below $2,400. The market sentiment for ETH was neutral as of this writing. Ethereum [ETH] dipped below $3,000 in the last 24 hours, following a 3.24% fall in its price, according to CoinMarketCap. Advertisements The second-largest cryptocurrency has corrected as much […]

Ethereum gas usage declined along with overall activity. Whales show interest in ETH as prices surge. Ethereum [ETH] has been having a tough time over the last week as its price has declined significantly. However, it wasn’t just prices that were impacted during this period. Advertisements Activity on Ethereum declines Ethereum’s median gas plummeted to […]

Ethereum saw its market structure flip bearishly on the 12-hour timeframe. The idea of a range formation would be invalidated upon a price drop below $2850. Ethereum [ETH] investors could be in trouble as prices dipped below the psychological $3k support level. Advertisements The past week saw an increased whale activity and accumulation, but the […]