Tag: SOPR

Ethereum (ETH) Price Analysis: Analyst Predicts an ETH Rally – Here’s What the Charts Reveal

By Afe Funbi Key highlights: Ethereum price trades near to $3,887 while experts watch for a possible turn-around should the $4,060 resistance be taken back. On-chain data shows falling active addresses and profit-taking into losses that was reflective of weaker short-term momentum. The most important support is at $3,700-$3,850, with subsequent levels at $3,600 and […]

Bitcoin surpassed $117,000 amid a broader market rally, driven by shifting investor behavior and macroeconomic developments

By Ethan Key Points: Global liquidity has surged, with bank reserves reaching $30.4 trillion and global M2 money supply climbing to $128.1 trillion Rising liquidity typically benefits traditional financial systems but may suppress risk asset inflows like Bitcoin in the short term Institutional investors have reversed their accumulation trend, offloading $51.28 million in Bitcoin through […]