By Shayan Markets Ethereum’s explosive breakout has shifted the broader structure decisively in favor of buyers, but the rally has now encountered a major resistance zone. With ETH pulling back after reaching roughly $2.55K, the market appears to be entering a corrective phase following the highly impulsive advance. ETH Price Analysis: The Daily Chart On […]
Tag: ETH
By Jordan Lyanchev The cryptocurrency market was essentially muted for many, many weeks. Ever since the May surge from BTC to over $82,000 and the subsequent crash to under $58,000 on July 1, the market has remained dull with little to no movement from the larger caps. Then it all changed within hours on Wednesday […]
By Jordan Lyanchev In a sudden but very impactful change in investor behavior, the spot exchange-traded funds tracking the largest cryptocurrency attracted almost $2 billion in fresh funds in the past five business days alone. The Ethereum counterparts also set a multi-month peak, gaining nearly $700 million within the same timeframe. Spot BTC ETFs Attract […]