Ethereum has been struggling below the $2,800 mark for days, unable to reclaim it as support to kickstart a recovery rally. This key level remains a significant barrier for bulls, and as the price continues to consolidate below it, bearish sentiment is growing. Many analysts call for a continuation of the downtrend, reflecting the downbeat…
Tag: ETH
Ethereum Defends Critical Demand Zone – Will ETH Rally To $3,000?
Despite a volatile past two weeks, driven by Donald Trump’s proposed trade tariffs and higher-than-expected January 2025 inflation data in the US, Ethereum (ETH) has successfully defended the $2,380–$2,460 demand zone. Now, analysts are eyeing a potential move toward $3,000 for the digital asset. Ethereum Defends Key Demand Zone Amidst Volatility According to an X…
Is Ethereum Undervalued? A Close Look at Realized Price and Institutional Activity
Ethereum price action amid the broader crypto market bearish sentiment over recent weeks hasn’t been any different from the performance recorded in the past months. Over this period, Ethereum’s price has struggled to gain significant upward momentum, remaining in a prolonged consolidation phase. Amid this, a recent analysis by CryptoQuant contributor MAC_D has shed light…
Ethereum Price Consolidates at Support—Will It Fuel the Next Move?
Ethereum price is consolidating above the $2,500 zone. ETH might gain bullish momentum if it clears the $2,700 resistance zone. Ethereum started a fresh decline below the $2,650 level. The price is trading below $2,680 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,690 on the…
Ethereum Short Positions Surge 500% In 3 Months – What’s Behind The Bearish Sentiment?
Ethereum (ETH), the second-largest cryptocurrency by reported market cap, is facing unprecedented short selling from hedge funds. Notably, short positions in ETH have soared by 500% since November 2024, indicating heightened bearish sentiment toward the digital asset. Institutional Investors Losing Faith In Ethereum? According to a recent post on X by The Kobeissi Letter, Ethereum…
Ethereum Holds ‘Bounce Or Die’ Level: Rebound To $4,000 Could Be Near
Amid the market corrections, Ethereum (ETH) has retested a key multi-year support level, suggesting that a bounce to $4,000 could be near. However, some market watchers noted that ETH has tapped an “interesting level” against Bitcoin, which could signal the time to celebrate is not here yet. Ethereum Holds Key Support Level Over a week…
Ethereum Price Declines Again: Will the Downtrend Continue?
Ethereum price failed to continue higher above the $2,880 resistance. ETH is now moving lower and might slip further toward the $2,320 support. Ethereum started a fresh decline below the $2,700 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at…
Wall Street’s Ethereum Short Bets Explode – Should Investors Worry?
In a dramatic shift, hedge funds appear to be ramping up short positions in Ethereum at a rate not seen before, sparking questions on whether the second‐largest cryptocurrency by market capitalization could be facing troubled waters—or if something else is at play. According to renowned analysts from the Kobeissi Letter (@KobeissiLetter), short positioning in Ethereum…
Analyst Says Prepare For Ethereum Price To Hit $17,000, Here’s Why
A crypto analyst has shared a new bold forecast for the Ethereum price, predicting that the number one altcoin is on the verge of an explosive rally to $17,000. The analyst has cited past trends to support his bullish projections, highlighting that Ethereum rallies significantly after a decline. Ethereum Price Forecast Targets $17,000 According to…
Ethereum Stuck Below $2,800 Resistance – Bulls Need A Higher Low To Recover
Ethereum experienced its most aggressive selling pressure in history last Monday, with the price plunging 25% in a single day. This dramatic drop shook the entire market, leaving investors on edge. However, Ethereum quickly rebounded, erasing the entire drop within hours, sparking optimism for a recovery. Despite the swift rebound, Ethereum now faces significant risks…