Currencies34108
Market Cap$ 4.13T+0.74%
24h Spot Volume$ 96.92B+15.3%
DominanceBTC56.96%-0.61%ETH11.08%+0.44%
ETH Gas2.44 Gwei
Cryptorank

Ethereum Price Prediction: Investor Snaps Up $127 Million in ETH – Contrarian Play?


by Arslan Butt
for Cryptonews
Ethereum Price Prediction: Investor Snaps Up $127 Million in ETH – Contrarian Play?

Ethereum (ETH) is currently trading around $2,540, buoyed by a dramatic $127 million whale purchase of 48,825 ETH at an average price of nearly $2,605. This savvy move, especially during a recent dip triggered by geopolitical unrest and options expiry, reveals long-term confidence from large-scale buyers.

Notably, this whale previously netted $30 million in Ethereum profits, suggesting a data-driven strategy. Crypto markets took a hit after escalating tensions in the Middle East rattled risk assets. ETH fell nearly 0.75% in 24 hours, reaching $2,524, as over 242,000 ETH in Deribit options expired, contributing to increased volatility.

The put-call ratio stood at 1.20, with maximum pain around $2,700, indicating a bearish position bias. However, the whale purchase serves as a counterweight, supporting sentiment and offering a confidence boost amid uncertainty.

Ethereum Technical Setup: Tight Range Between EMAs

Ethereum’s price prediction remains neutral as the cryptocurrency consolidates in a critical price range between its 23.6% Fibonacci retracement level ($2,518) and the descending 50-period exponential moving average (EMA) ($2,580) on the 2-hour chart.

The appearance of a Doji candle near the Fibonacci line highlights short-term indecision. While ETH broke through a rising wedge, prompting a sell-off, momentum indicators are quietly shifting.

Ethereum Price Chart – Source: Tradingview
  • MACD lines are converging toward a bullish crossover
  • RSI is low, near 29, hinting at oversold conditions
  • No multiple-candle bearish patterns like “Three Black Crows”

Although ETH traded below its 20-day, 50-day, and 100-day EMAs, there is growing potential for a bounce if it can reclaim the $2,550–$2,580 range. Failure to do so could drag prices toward $2,440 and possibly $2,300, but renewed buying momentum might unlock higher targets.

Ethereum Trade Plan: Balance Risk and Reward

For those new to trading, here’s a simple and straightforward trade setup based on current chart activity and whale behavior:

Bullish Scenario (Buy-the-Dip):

  • Entry: Close above 38.2% Fib at ~$2,568 and 50-EMA
  • Stop-loss: Just below today’s low (~$2,500)
  • Targets: $2,607 (50% Fib), then $2,647 (61.8% Fib)

Bearish Scenario (Breakdown Play):

  • Entry: Close below trendline and $2,518
  • Stop-loss: Above $2,540
  • Target: $2,440, with downside risk toward $2,300

This balanced plan positions you for upside precision and downside protection.

Final Take:

Ethereum sits at a pivotal point, technical indicators suggest a pause after recent losses, but whale buying hints at sustained interest. A breakout above approximately $2,580 could pave the way for prices to reach $2,650–$2,700.

Conversely, failure to hold current support might lead to pressure dropping to $2,440. Watch those zones closely and manage risk accordingly.

BTC Bull Token Nears $8.1M Cap as 58% APY Staking Attracts Last-Minute Buyers

With Bitcoin trading near $105K, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL). The project has now raised $7,141,005.09 out of its $8,216,177 cap, leaving less than $1 million before the next token price hike. The current price of $0.00256 is expected to increase once the cap is hit.

BTC Bull Token links its value directly to Bitcoin through two core mechanisms:

  • BTC Airdrops reward holders, with presale participants receiving priority.
  • Supply Burns occur automatically every time BTC increases by $50,000, reducing $BTCBULL’s circulating supply.

The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering:

The token also features a 61% APY staking pool holding over 1.73 billion tokens, offering:

  • No lockups or fees
  • Full liquidity
  • Stable passive yields, even in volatile markets

This staking model appeals to both DeFi veterans and newcomers seeking hands-off income.

With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.

The post Ethereum Price Prediction: Investor Snaps Up $127 Million in ETH – Contrarian Play? appeared first on Cryptonews.

Read the article at Cryptonews

Read More

Bernstein Reveals the Source of the Major Rally in Ethereum (ETH) and What to Expect Next!

Bernstein Reveals the Source of the Major Rally in Ethereum (ETH) and What to Expect Next!

Bernstein stated that stablecoins and RWA tokenization, along with the GENIUS law, wi...
The Weekly Critical Report for Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) Has Arrived: This Altcoin Made a Big Attack, Catching Up with Bitcoin!

The Weekly Critical Report for Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) Has Arrived: This Altcoin Made a Big Attack, Catching Up with Bitcoin!

Coinshares has released its weekly report for Bitcoin (BTC), Ethereum (ETH), XRP, Sol...

Ethereum Price Prediction: Investor Snaps Up $127 Million in ETH – Contrarian Play?


by Arslan Butt
for Cryptonews
Ethereum Price Prediction: Investor Snaps Up $127 Million in ETH – Contrarian Play?

Ethereum (ETH) is currently trading around $2,540, buoyed by a dramatic $127 million whale purchase of 48,825 ETH at an average price of nearly $2,605. This savvy move, especially during a recent dip triggered by geopolitical unrest and options expiry, reveals long-term confidence from large-scale buyers.

Notably, this whale previously netted $30 million in Ethereum profits, suggesting a data-driven strategy. Crypto markets took a hit after escalating tensions in the Middle East rattled risk assets. ETH fell nearly 0.75% in 24 hours, reaching $2,524, as over 242,000 ETH in Deribit options expired, contributing to increased volatility.

The put-call ratio stood at 1.20, with maximum pain around $2,700, indicating a bearish position bias. However, the whale purchase serves as a counterweight, supporting sentiment and offering a confidence boost amid uncertainty.

Ethereum Technical Setup: Tight Range Between EMAs

Ethereum’s price prediction remains neutral as the cryptocurrency consolidates in a critical price range between its 23.6% Fibonacci retracement level ($2,518) and the descending 50-period exponential moving average (EMA) ($2,580) on the 2-hour chart.

The appearance of a Doji candle near the Fibonacci line highlights short-term indecision. While ETH broke through a rising wedge, prompting a sell-off, momentum indicators are quietly shifting.

Ethereum Price Chart – Source: Tradingview
  • MACD lines are converging toward a bullish crossover
  • RSI is low, near 29, hinting at oversold conditions
  • No multiple-candle bearish patterns like “Three Black Crows”

Although ETH traded below its 20-day, 50-day, and 100-day EMAs, there is growing potential for a bounce if it can reclaim the $2,550–$2,580 range. Failure to do so could drag prices toward $2,440 and possibly $2,300, but renewed buying momentum might unlock higher targets.

Ethereum Trade Plan: Balance Risk and Reward

For those new to trading, here’s a simple and straightforward trade setup based on current chart activity and whale behavior:

Bullish Scenario (Buy-the-Dip):

  • Entry: Close above 38.2% Fib at ~$2,568 and 50-EMA
  • Stop-loss: Just below today’s low (~$2,500)
  • Targets: $2,607 (50% Fib), then $2,647 (61.8% Fib)

Bearish Scenario (Breakdown Play):

  • Entry: Close below trendline and $2,518
  • Stop-loss: Above $2,540
  • Target: $2,440, with downside risk toward $2,300

This balanced plan positions you for upside precision and downside protection.

Final Take:

Ethereum sits at a pivotal point, technical indicators suggest a pause after recent losses, but whale buying hints at sustained interest. A breakout above approximately $2,580 could pave the way for prices to reach $2,650–$2,700.

Conversely, failure to hold current support might lead to pressure dropping to $2,440. Watch those zones closely and manage risk accordingly.

BTC Bull Token Nears $8.1M Cap as 58% APY Staking Attracts Last-Minute Buyers

With Bitcoin trading near $105K, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL). The project has now raised $7,141,005.09 out of its $8,216,177 cap, leaving less than $1 million before the next token price hike. The current price of $0.00256 is expected to increase once the cap is hit.

BTC Bull Token links its value directly to Bitcoin through two core mechanisms:

  • BTC Airdrops reward holders, with presale participants receiving priority.
  • Supply Burns occur automatically every time BTC increases by $50,000, reducing $BTCBULL’s circulating supply.

The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering:

The token also features a 61% APY staking pool holding over 1.73 billion tokens, offering:

  • No lockups or fees
  • Full liquidity
  • Stable passive yields, even in volatile markets

This staking model appeals to both DeFi veterans and newcomers seeking hands-off income.

With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.

The post Ethereum Price Prediction: Investor Snaps Up $127 Million in ETH – Contrarian Play? appeared first on Cryptonews.

Read the article at Cryptonews

Read More

Bernstein Reveals the Source of the Major Rally in Ethereum (ETH) and What to Expect Next!

Bernstein Reveals the Source of the Major Rally in Ethereum (ETH) and What to Expect Next!

Bernstein stated that stablecoins and RWA tokenization, along with the GENIUS law, wi...
The Weekly Critical Report for Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) Has Arrived: This Altcoin Made a Big Attack, Catching Up with Bitcoin!

The Weekly Critical Report for Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) Has Arrived: This Altcoin Made a Big Attack, Catching Up with Bitcoin!

Coinshares has released its weekly report for Bitcoin (BTC), Ethereum (ETH), XRP, Sol...