In Brief Ethereum has weathered $2.5 billion worth of whale selling, maintaining price stability through strong support from investors who bought between $2,344 and $2,421. Despite facing bearish pressure, Ethereum’s price is consolidating near the $2,424 level, setting up a potential breakout if it can flip the $2,476 resistance into support. The demand zone formed…
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In Brief Ethereum’s DMI shows bullish strength as the +DI surges and the ADX nears 25, signaling growing momentum and trend confirmation. RSI hits 76.82, marking a one-month high and entering overbought territory, which may signal an incoming price correction. ETH approaches key resistance at $2,790 with bullish EMAs, but a drop below $2,462 could…
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In Brief Ethereum faces heavy selling with $570 million worth of ETH offloaded in 48 hours, signaling investor profit-taking. MACD shows a bearish crossover after seven weeks, indicating possible price decline and increased volatility ahead. ETH price hovers near $2,500 support; breaking below risks a drop to $2,344, while resistance at $2,654 must be breached…
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In Brief Vitalik Buterin has called on the Ethereum community to simplify the network’s design by adopting a Bitcoin-style approach. Buterin believes Ethereum’s current complexity raises costs, centralizes control, and creates barriers for developers. So, Buterin proposed reducing protocol complexity across the consensus layer, execution environment, and standardization processes. Ethereum co-founder Vitalik Buterin has urged…
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In Brief Vitalik Buterin proposes replacing Ethereum’s EVM with RISC-V to boost smart contract efficiency and scalability. The change promises up to 100x gains in efficiency while preserving core Ethereum functionality. Developers will retain existing tools and languages, ensuring backward compatibility with all current EVM contracts. Ethereum (ETH) co-founder Vitalik Buterin has proposed overhauling the…
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In Brief Over $2.5 Billion worth of Bitcoin (BTC) and Ethereum (ETH) options are expiring today, with significant implications for short-term market movements. Bitcoin options have a notional value of $2.23 billion, with a maximum pain point at $81,000, while Ethereum options stand at $283.6 million with a pain point of $1,700. Analysts expect continued…
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In Brief Today, $5.79 billion in Bitcoin and Ethereum options expire, influencing short-term market trends with a focus on put-to-call ratios. Bitcoin options have a notional value of $4.68 billion with a maximum pain point at $96,000, while Ethereum options total $1.11 billion with a pain point at $3,000 Traders are bracing for volatility as…
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In Brief Ethereum rebounds after Bybit hack but remains down 18% over 30 days, reflecting ongoing volatility. RSI recovery to 58.6 indicates renewed buying pressure, signaling potential for further price gains. Rising whale accumulation suggests growing institutional confidence, supporting a bullish outlook. Ethereum (ETH) has shown signs of recovery after a sharp decline caused by…
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In Brief Ethereum struggles to sustain momentum, hovering around $3,000 after an 18% drop over the past month. RSI remains neutral at 54.8, signaling a lack of strong buying or selling pressure for the past 16 days. DMI shows weakening trend strength, with ADX dropping to 10.2, reflecting consolidation and market indecision. Ethereum (ETH) has…
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In Brief Ethereum’s weekly price plunged 20% to $2,608, with supply in profit dropping from 97% to 65%, fueling bearish sentiment among traders. Despite the decline, US Spot ETFs saw a two-month high inflow of 89,290 ETH ($236 million), signaling institutional accumulation. ETH must reclaim $2,698 to spark recovery; losing $2,546 support could push the…
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