Auto Added by WPeMatico

Ethereum price resistance at $1,750 could reflect traders’ anxiety over the Shanghai upgrade

Holding gains above $1,750 remains a challenge for ETH, but derivatives data shows traders believe future downside moves will be limited to the most immediate price support.

Continue ReadingEthereum price resistance at $1,750 could reflect traders’ anxiety over the Shanghai upgrade

Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade

A recent Binance report details the status of Ether staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted.

Continue ReadingEthereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade