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Ethereum Price Prediction: BlackRock’s $46.9M ETH Purchase Puts Support in Focus


by Maxwell Mutuma
for CoinEdition
Ethereum Price Prediction: BlackRock’s $46.9M ETH Purchase Puts Support in Focus
  • Ethereum outflows rise as institutional buying hints at potential trend reversal.
  • ETH holds key $3.7K support despite bearish EMAs, signaling cautious market setup.
  • Open interest surge shows traders bracing for Ethereum’s next major price move.

Ethereum is holding near critical support levels as on-chain data reveals heavy exchange outflows, signaling a cautious but potentially bullish setup. The token trades close to $3,715, with traders monitoring whether fresh institutional buying, led by BlackRock’s $46.9 million accumulation, could mark a turning point in the ongoing correction.

Market Structure Reflects Ongoing Downside Pressure

Ethereum continues to trade under bearish momentum …

Read The Full Article Ethereum Price Prediction: BlackRock’s $46.9M ETH Purchase Puts Support in Focus On Coin Edition.

Read the article at CoinEdition

Read More

Why Bitcoin price just plummeted under $104k to lowest level since June

Why Bitcoin price just plummeted under $104k to lowest level since June

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Ethereum Faces Supply Squeeze: 40% Locked, Analysts See $8K–$10K Fair Value

Ethereum Faces Supply Squeeze: 40% Locked, Analysts See $8K–$10K Fair Value

Analyst Crypto Gucci has shared supply dynamics that suggest Ethereum faces upward pr...

Ethereum Price Prediction: BlackRock’s $46.9M ETH Purchase Puts Support in Focus


by Maxwell Mutuma
for CoinEdition
Ethereum Price Prediction: BlackRock’s $46.9M ETH Purchase Puts Support in Focus
  • Ethereum outflows rise as institutional buying hints at potential trend reversal.
  • ETH holds key $3.7K support despite bearish EMAs, signaling cautious market setup.
  • Open interest surge shows traders bracing for Ethereum’s next major price move.

Ethereum is holding near critical support levels as on-chain data reveals heavy exchange outflows, signaling a cautious but potentially bullish setup. The token trades close to $3,715, with traders monitoring whether fresh institutional buying, led by BlackRock’s $46.9 million accumulation, could mark a turning point in the ongoing correction.

Market Structure Reflects Ongoing Downside Pressure

Ethereum continues to trade under bearish momentum …

Read The Full Article Ethereum Price Prediction: BlackRock’s $46.9M ETH Purchase Puts Support in Focus On Coin Edition.

Read the article at CoinEdition

Read More

Why Bitcoin price just plummeted under $104k to lowest level since June

Why Bitcoin price just plummeted under $104k to lowest level since June

Bitcoin extended its week-long decline, sliding to its lowest level since July as ren...
Ethereum Faces Supply Squeeze: 40% Locked, Analysts See $8K–$10K Fair Value

Ethereum Faces Supply Squeeze: 40% Locked, Analysts See $8K–$10K Fair Value

Analyst Crypto Gucci has shared supply dynamics that suggest Ethereum faces upward pr...