ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery
Ethereum is now in a correction phase after reaching a high of about $4,950 in late August, with open interest (OI) dropping more than 8% in the past week. On…
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Ethereum is now in a correction phase after reaching a high of about $4,950 in late August, with open interest (OI) dropping more than 8% in the past week. On…
TL;DR Big Ethereum investors cut their collective holdings to 15.4 million tokens following a massive sell-off this week. However, analysts still see upside potential, with chart signals hinting at a…
Ethereum has been consolidating just below its recent high, with price action slowly tightening within a defined structure. While short-term traders are beginning to worry about potential exhaustion, the broader…
TL;DR ETH tests a key resistance for the seventh time, signaling strong bullish pressure building. Bullish crossover on 10/20 SMAs historically led to rallies of 24% and 60% in ETH.…
Ethereum’s trading activity on Binance has entered a period of relative calm throughout September, as a slowdown gripped the market. Unlike earlier months, when trading was defined by sharp imbalances…
Investor confidence in Bitcoin saw a powerful comeback as the asset drew $2.4 billion in inflows. This figure is its biggest weekly tally since July. Meanwhile, short-Bitcoin products lost ground,…
Ethereum (ETH) has shown a strong upward trajectory over the past seven days as it climbed from around $4,300 last week to briefly test the $4,700 level before pulling back…
TL;DR Ethereum trades above $4,500 while targeting $4.88K, a key resistance for bullish breakout potential. The long-term chart shows ETH rebounding off a key trendline, following historical bullish price behavior.…
Ethereum continues to show strength, but the price action has reached a critical stage where both bullish and bearish signals are emerging. Buyers are still defending demand zones effectively, yet…
America is coming on-chain, and it is using Ethereum as its ledger, said Ryan Sean Adams from Bankless on Thursday. “In the coming decades, I believe Ethereum could become the…