Currencies35006
Market Cap$ 4.35T+1.72%
24h Spot Volume$ 93.68B+13.8%
DominanceBTC53.68%-0.84%ETH12.71%-0.14%
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ETH Price on Edge: Massive Drop Looms if $4K Breaks


by Olivia Stephanie
for CryptoPotato
ETH Price on Edge: Massive Drop Looms if $4K Breaks

TL;DR

  • Ethereum trades sideways between $4K and $4.9K, with analysts watching key short-term levels closely.
  • Exchange supply ratio falls to record lows, signaling reduced sell pressure compared to earlier market cycles.
  • Binance ETH open interest drops an average 15%, aligning with spot price corrections near 11% recently.

Ethereum Price Holds Within Range

Ethereum (ETH) is trading at around $4,500 with a 24-hour trading volume of $32.4 billion. The asset has slipped slightly in the past day but is still up 4% over the week. Despite these moves, ETH remains locked in a range, with the all-time high near $4,900 forming the top and $4,000 acting as key support.

Read the article at CryptoPotato

Read More

90,000 ETH in Just 2 Days: Is Ethereum Headed for a Big Correction?

90,000 ETH in Just 2 Days: Is Ethereum Headed for a Big Correction?

ETH whales sold more than $400 million worth of the cryptocurrency in the span of 48 ...
Ethereum’s (ETH) Last Ceiling Tested: Is a Historic Surge Ahead?

Ethereum’s (ETH) Last Ceiling Tested: Is a Historic Surge Ahead?

Ethereum tests long-term resistance near $4,950 for the 7th time. Analysts eye $10K i...

ETH Price on Edge: Massive Drop Looms if $4K Breaks


by Olivia Stephanie
for CryptoPotato
ETH Price on Edge: Massive Drop Looms if $4K Breaks

TL;DR

  • Ethereum trades sideways between $4K and $4.9K, with analysts watching key short-term levels closely.
  • Exchange supply ratio falls to record lows, signaling reduced sell pressure compared to earlier market cycles.
  • Binance ETH open interest drops an average 15%, aligning with spot price corrections near 11% recently.

Ethereum Price Holds Within Range

Ethereum (ETH) is trading at around $4,500 with a 24-hour trading volume of $32.4 billion. The asset has slipped slightly in the past day but is still up 4% over the week. Despite these moves, ETH remains locked in a range, with the all-time high near $4,900 forming the top and $4,000 acting as key support.

Read the article at CryptoPotato

Read More

90,000 ETH in Just 2 Days: Is Ethereum Headed for a Big Correction?

90,000 ETH in Just 2 Days: Is Ethereum Headed for a Big Correction?

ETH whales sold more than $400 million worth of the cryptocurrency in the span of 48 ...
Ethereum’s (ETH) Last Ceiling Tested: Is a Historic Surge Ahead?

Ethereum’s (ETH) Last Ceiling Tested: Is a Historic Surge Ahead?

Ethereum tests long-term resistance near $4,950 for the 7th time. Analysts eye $10K i...