By admin Ethereum slipped 1.74% over the past 24 hours—extending its monthly decline to 6.39%—as a confluence of technical resistance, derivatives deleveraging, and tepid market sentiment weighed on price action. Despite a notable $149 million accumulation by BlackRock over three days, the asset struggled to gain upward traction, encountering firm selling pressure at a well-established […]
Tag: ETH
By Patrick Timely Ethereum is trading at a critical point as price continues to stall below the $3,300 resistance level. While short-term technical signals suggest lingering downside risk, broader market structure and model-based forecasts indicate that a move toward $4,000 remains possible if key levels are reclaimed. This combination of caution and upside potential puts […]
By Emir Abyazov Key highlights: BitMine Immersion Technologies has invested over $105 million in Ethereum this year, signaling strong long-term conviction despite bearish forecasts. The company now controls more than 3% of Ethereum’s total supply and is actively staking billions, reducing circulating liquidity. On-chain data shows a split market, with large holders accumulating while short-term […]