Ethereum Whales Come Alive: Are They Buying Or Selling?

On-chain data suggests the Ethereum whales have shown a burst of activity recently. Heres what these titans have been up to. Ethereum Whale Transactions Are At Their Highest Since March In a new post on X, the market intelligence platform IntoTheBlock has discussed how the ETH whales have become active recently. The on-chain metric of [...]

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Ethereum Capitulation May Be Nearing End Will A Fed Pivot Spark A Recovery?

Ethereum has extended its downtrend, setting fresh lows around $1,400 a level not seen since early 2023. The continuation of selling pressure has shaken market sentiment, with many investors fearing that the worst is still ahead. Ethereum, down over 65% from its 2024 highs, has failed to find a solid support level amid broad market weakness and growing macroeconomic uncertainty. Related Reading: Ethereum Lags Behind Bitcoin In Q1 Performance Amid Market Downturn Details Despite the bearish outlook, some analysts believe a turning point may be near. According to top analyst Ted Pillows, Ethereum is now deep in a capitulation phase. He suggests that while there may still be one final 5%10% dump left in the tank particularly given the recent weakness in equities the broader market structure may be setting the stage for a rebound. Pillows points to a potential Federal Reserve pivot as a key catalyst. With traditional markets under pressure and volatility rising, a shift in monetary policy could bring relief. Historically, changes in the Feds stance have provided a strong boost to risk assets. If support from policymakers emerges, Ethereum could stabilize and begin recovering from its recent lows but not before weathering one last wave of fear and uncertainty. Ethereum Capitulation Deepens, But Fed Pivot Could Spark Rebound Ethereum is trading at $1,450 after suffering a sharp 20% decline in just hours, marking one of its steepest drops this year. The panic-driven selloff has shaken investor confidence, with fear now dominating the market. Ethereum, once expected to lead the altcoin rally in 2025, has failed to deliver on those expectations. Instead, it continues to disappoint as bearish momentum builds and selling pressure intensifies. Wider market conditions are adding to the pain. Trade war tensions, policy uncertainty from the US President Donald Trump administration, and mounting fears of a global recession are dragging both equities and crypto lower. With the S&P 500 already down sharply, the fear of a broader financial contagion is rising. Pillows’ analysis supports that Ethereums current plunge reflects a full-blown capitulation. However, he suggests that the market could be nearing a turning point. Maybe theres one last dump left, but after that, itll bounce, Pillows said. The key reason? A likely pivot from the Federal Reserve. Pillows points to a potential Federal Reserve pivot as the catalyst. With the S&P 500 down over 10% in just two days and volatility rising, any further drop could force an emergency Fed response. Historically, rate cuts and renewed quantitative easing (QE) have been bullish for risk assets like Ethereum. If a pivot arrives, Ethereum could quickly bounce from current levels but only after one final shakeout. Related Reading: Solana Faces Defining Level At $120 Will History Repeat? Ethereum Slides To $1,410 As Bears Maintain Control Ethereum has plunged to $1,410 after losing the crucial $1,800 support level, triggering a wave of aggressive selling and panic across the market. With no clear support zone immediately below current levels, bearish momentum appears firmly in control as ETH struggles to find footing. The breakdown below $1,800 marked a major technical failure, erasing confidence among traders and accelerating downside pressure. For now, the path of least resistance remains to the downside. If sentiment doesnt stabilize soon, Ethereum could continue sliding into lower demand zones, possibly retesting levels not seen since early 2022. The lack of a defined support structure beneath current prices leaves ETH exposed to more volatility in the near term. Related Reading: Dogecoin Faces Make-Or-Break Support Level Will DOGE Hold? However, hope remains for a recovery but it hinges on a swift reclaim of the $1,800 level. A strong bounce back above this mark could signal that capitulation is complete and invite renewed buying interest from sidelined investors. Until then, Ethereum remains vulnerable, and any upside attempts will likely face resistance unless backed by broader market strength or a decisive macro shift. Bulls have a narrow window to flip the momentum before deeper losses set in. Featured image from Dall-E, chart from TradingView

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Ethereum Lags Behind Bitcoin In Q1 Performance Amid Market Downturn Details

Ethereum continues to disappoint investors as its decline deepens, sparking growing fears of further selling pressure across the market. The second-largest cryptocurrency by market cap has failed to hold key support levels, and analysts are increasingly warning of a potential drop below multi-year lows near $1,750. With no clear consensus on where the next reliable support might lie, sentiment remains shaky and uncertain. Related Reading: Massive Chainlink Demand Wall At $6.26 As 90K Investors Buy 376M LINK The broader crypto landscape has faced heavy volatility, but Ethereums underperformance stands out. According to IntoTheBlock, ETH significantly lagged behind Bitcoin in the past quarter. This disparity has raised concerns about Ethereums short-term strength and resilience, especially as it continues to struggle below the $1,900 level. As macroeconomic instability, regulatory uncertainty, and risk-off sentiment continue to pressure financial markets, Ethereums path forward looks increasingly fragile. Without a strong rebound or renewed demand, the current trend suggests a prolonged period of weakness. Until bulls regain control and key resistance levels are reclaimed, the outlook for ETH remains cautious, with investors watching closely for any signs of a potential bottom or further breakdown. Ethereum Holds Ground As Tariff Shock, Underperformance Fuel Market Anxiety Ethereum is trading at critical levels following weeks of mounting selling pressure and fading bullish momentum. The broader crypto market has been hit hard by escalating macroeconomic uncertainty, largely driven by US President Donald Trumps recent policy shifts and sweeping tariffs. These moves have rattled investor confidence, sending shockwaves through both traditional and digital markets. Among major assets, Ethereum has been one of the most affected. Bulls lost control in late February when ETH broke below the $2,500 level, triggering a steady downtrend that has continued to weigh on price action. Attempts to regain support have consistently failed, and ETH now trades near multi-month lows with no clear bottom in sight. According to data from IntoTheBlock, Ethereum underperformed significantly this past quarter losing nearly 50% of its value- while Bitcoin dropped just 15% in the same period. This widening performance gap has become a point of concern for investors who once expected ETH to lead a 2025 rally fueled by Ethereum-based developments and broader adoption. Now, all eyes are on the coming weeks. If bulls can reclaim key levels and reignite momentum, Ethereum may still have a shot at recovery. But if a bearish sentiment continues to dominate, a deeper correction potentially below the $1,750 mark could be next. The pressure is on, and Ethereums next move could set the tone for the rest of the altcoin market. Related Reading: Dogecoin Faces Make-Or-Break Support Level Will DOGE Hold? Price Action Details: Key Levels To Watch Ethereum is currently trading below the $1,800 mark, showing continued weakness as bulls struggle to regain momentum. The price remains firmly below the 4-hour 200 MA and EMA, both of which are clustered around the $2,000 level a critical technical zone that previously acted as strong support. Now turned resistance, this area must be reclaimed for any hope of a sustained recovery. To shift the trend, bulls need to push ETH above $2,000 and ideally reclaim the $2,200 level, which would mark a break from the recent downtrend and signal the start of a potential recovery phase. Without that move, however, price action continues to favor sellers. The $1,800 level is now the last line of defense. Failing to hold and reclaim it quickly could open the door to a much steeper decline. If bears continue to pressure price below this zone, Ethereum may revisit levels not seen since early 2023 with $1,750 and even $1,550 as potential downside targets. Related Reading: Chainlink Whales Dump Over 170 Million LINK In Three Weeks Selling Pressure Ahead? Momentum remains against ETH, and unless bulls step in decisively, the trend looks set to continue lower. The next few days will be critical in determining whether Ethereum stabilizes or breaks further down. Featured image from Dall-E, chart from TradingView

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Whales Dump 760,000 Ethereum in Two Weeks Is More Selling Ahead?

Ethereum continues to face strong headwinds as it trades below the $1,900 mark, with bullish momentum fading and market sentiment growing increasingly fearful. After a brief attempt to stabilize, ETH has resumed its downward trajectory, now down over 35% since late February. Price action remains weak, and investors are bracing for more potential downside as selling pressure shows no sign of easing. Related Reading: Whales Offload 200M Cardano During March The Start Of A Trend? Contributing to the bearish outlook, on-chain data from Santiment reveals that whales have offloaded approximately 760,000 ETH in just the past two weeks. This significant sell-off by large holders adds weight to the growing concerns that the market may be entering a deeper correction phase. When whales exit in size, it often reflects declining confidence and triggers a wave of additional selling from smaller investors. With macroeconomic uncertainty still shaking financial markets and Ethereums key support levels under threat, the outlook for ETH remains fragile. Bulls must act fast to reclaim momentum and prevent a slide into lower demand zones. Until then, the combination of fading demand, technical weakness, and aggressive whale selling continues to cloud Ethereums near-term path, leaving traders on edge as the next move unfolds. Ethereum Whale Selling Grows and Market Confidence Fades Ethereum continues to show signs of sustained selling pressure, and the broader market is starting to accept that the current downtrend may persist. With ETH trading well below key resistance levels and struggling to hold above $1,900, confidence among traders and investors is weakening. Macroeconomic uncertainty, fueled by rising global tensions, unstable interest rate expectations, and unpredictable policy moves, has shaken financial markets. High-risk assets like Ethereum are taking the hardest hits, with volatility amplifying every move. Despite the weakness, theres still a glimmer of optimism across the market. Some investors believe Ethereum could mount an aggressive recovery, especially if broader conditions stabilize or if ETH finds strong support around current levels. However, that optimism is starting to fade in the face of poor price action and concerning on-chain data. Top analyst Ali Martinez shared insights on X, revealing that whales have sold approximately 760,000 ETH over the past two weeks. This significant offloading by large holders adds to the ongoing bearish pressure and suggests that confidence among big players is declining. Whale movements are closely watched, as they often precede or confirm broader market trends. Still, markets are dynamic, and this trend could shift quickly. If Ethereum can hold key support zones and macroeconomic conditions begin to calm, the same large players currently selling may reenter the market in anticipation of the next rally. For now, though, Ethereum remains in a fragile state, with continued selling and cautious sentiment likely to dominate the short-term outlook. Bulls must step in soon to shift the trend or risk watching ETH slide further in the weeks ahead. Related Reading: XRP MVRV Ratio Dips Below The 200-Day MA Trend Shift Underway? Bulls Struggle to Reclaim Key Levels Ethereum is currently trading at $1,880 after several days of weak price action, caught in a tight range between $2,000 resistance and $1,750 support. Despite multiple attempts, bulls have failed to reclaim the critical $2,000$2,200 zone a level that would signal strength and potentially mark the beginning of a broader recovery phase. Instead, ETH remains trapped in a downtrend, with momentum continuing to favor the bears. The inability to push higher is putting bulls in a vulnerable position. With Ethereum now hovering just below the $1,900 level, the coming days are crucial. If ETH fails to hold above this mark and cannot break back above $2,000 with conviction, a sharp drop is likely. Such a move could lead to a retest of the lower $1,700s or even deeper, especially if broader market sentiment remains negative. Related Reading: Dogecoin Holds Key Support: A Demand Spike Could Trigger A Rally As macroeconomic instability and market uncertainty persist, investors are growing cautious, and risk appetite continues to fade. For Ethereum to avoid a deeper selloff, bulls must step in quickly, reclaim lost ground, and reestablish confidence above the $2,000 level. Until then, the path of least resistance appears to remain to the downside. Featured image from Dall-E, chart from TradingView

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Ethereum Price Stalls In Tight Range Big Price Move Incoming?

Ethereum is trading at critical levels after enduring weeks of aggressive selling pressure. Since retracing below the key $2,000 mark, the second-largest cryptocurrency has struggled to regain bullish momentum. Currently down 21% from that level, ETH continues to hover near $1,580, reflecting a clear lack of conviction from both buyers and sellers. Related Reading: Solana Turns Bullish On 8H Chart Break Above $147 Could Confirm New Trend The market has entered a period of extreme indecision. According to top analyst Daan, Ethereums price has remained notably compressed, barely moving over the past two days. This type of consolidation often precedes sharp price action in either direction, and traders are watching closely for signs of a breakout or breakdown. Macroeconomic uncertainty continues to influence investor sentiment, with global trade tensions and monetary policy concerns keeping pressure on risk assets like Ethereum. For now, bulls must reclaim the $1,850 resistance zone to confirm a trend reversal, while a drop below $1,500 could open the door to deeper losses. As volatility builds in the background, the current compression could be the calm before a stormsetting the stage for Ethereums next decisive move. Will it break out to the upside, or is more downside in store? Ethereum Compression Signals Breakout As Macro Pressure Builds Ethereum is facing a critical test as it trades at compressed levels following weeks of sustained selling pressure. The broader crypto market remains under pressure as global tensions escalate. US President Donald Trump’s trade war with China continues to shape macroeconomic sentiment, leaving investors cautious across all high-risk asset classes. Despite last weeks announcement of a 90-day tariff pause for all countries except China, uncertainty remains. The unresolved status of US-China trade relations continues to weigh on markets and is one of the primary factors driving hesitation in price movement. For Ethereum, this has translated into extremely low volatility and a stalled price structure. Daan shared insights suggesting that Ethereums price has been extremely compressed and has not shown meaningful movement for the better part of two days. According to Daan, this type of compression usually precedes a significant breakoutthough the direction of that move remains unknown. Investors and traders alike are closely monitoring this setup, as compressed price action typically leads to large, momentum-driven shifts. With broader macro risks still in play, Ethereums next move could define the short-term trend and set the tone for the market in the weeks ahead. Related Reading: Ethereum Whales Offload 143,000 ETH In One Week More Selling Ahead? ETH Bulls Aim To Regain Control Ethereum is trading at $1,590 after several days of sideways price action, hovering between support at $1,550 and resistance near $1,700. Despite holding above the lower end of this range, ETH has struggled to generate the momentum needed to break out and confirm a short-term recovery. For bulls to establish a stronger position, ETH must push above the 4-hour 200-day moving average (MA) and exponential moving average (EMA), both of which continue to act as dynamic resistance. A breakout above these indicators could trigger renewed interest from traders and signal the beginning of a recovery phase. However, the true test lies at the $2,000 levela major psychological and technical resistance zone. Reclaiming this level would mark a shift in market sentiment and open the door to higher targets. Related Reading: Solana Retests Bearish Breakout Zone $65 Target Still In Play? On the downside, failure to gain ground above the current range and a drop below $1,550 could quickly drag ETH below $1,500, increasing the risk of a deeper correction. For now, Ethereum remains in a consolidation phase, and the next decisive move will likely dictate whether bulls regain control or if sellers push prices into lower demand zones. Featured image from Dall-E, chart from TradingView

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Ethereum Whales Offload 143,000 ETH In One Week More Selling Ahead?

Ethereum is trading around the $1,600 level after several days of failed attempts to reclaim higher prices. Bulls are showing signs of life, but their momentum remains weak as bearish pressure continues to dominate the market. Despite a brief recovery bounce last week, Ethereum’s broader structure still reflects a clear downtrend. Related Reading: Solana Retests Bearish Breakout Zone $65 Target Still In Play? The crypto market remains under the shadow of macroeconomic uncertainty, as ongoing tensions between the United States and China weigh heavily on global financial sentiment. No resolution or agreement between the two economic giants has been announced, leaving investors cautious and risk-averse. Adding to the negative sentiment, CryptoQuant data shows that Ethereum whales have offloaded approximately 143,000 ETH over the past week. This large-scale distribution reinforces fears of further downside, with long-term holders and large wallets choosing to reduce exposure rather than accumulate. While some analysts still see potential for a turnaround if key levels are reclaimed, the current market environment remains fragile. Unless Ethereum can regain and hold above short-term resistance levels, the threat of another leg down remains very real. Traders are now closely watching price action for signs of a shift but for now, caution continues to lead the way. Ethereum Faces Selling Pressure As Whales Exit Ethereum is facing a critical test as price action continues to lack clarity, and support levels remain fragile. Despite brief attempts to rebound, ETH has failed to establish a clear bottom, and the downtrend structure remains intact. The market is struggling to define a strong demand zone, making it difficult for bulls to sustain upward momentum. As selling pressure mounts, analysts are warning that Ethereum may continue to slide toward lower demand levels in the absence of strong buying interest. Broader macroeconomic conditions continue to weigh heavily on risk assets like Ethereum. Global trade tensions, particularly the unresolved tariff standoff between the United States and China, have created uncertainty across financial markets. Combined with fears of a slowing global economy and lack of coordinated fiscal support, crypto markets remain under pressure. Adding to the bearish sentiment, top analyst Ali Martinez shared on-chain data revealing that whales have offloaded approximately 143,000 ETH over the past week. This large-scale distribution by influential holders has significantly weakened Ethereums outlook, reinforcing concerns that smart money is preparing for deeper downside. Since late December, ETH has remained in a prolonged bearish trend, with every attempt at recovery being met by renewed selling. Unless bulls reclaim key technical levels and shift market sentiment, Ethereum may continue to slide further. Related Reading: Over 1.9M Ethereum Positioned Between $1,457 And $1,598 Can Bulls Hold Support? ETH Price Stuck In Volatile Range Ethereum is currently trading at $1,600 after enduring days of massive volatility and macroeconomic-driven uncertainty. Despite brief relief bounces, ETH remains locked in a bearish structure, unable to generate sustained momentum. For bulls to regain control, reclaiming the $1,850 resistance level is critical. This level aligns with the 4-hour 200 MA and EMA around $1,800, making it a key zone to watch for confirmation of a short-term trend reversal. Holding above these moving averages would signal renewed strength and possibly mark the beginning of a recovery rally. However, price action continues to struggle beneath them, and failure to push above these indicators would confirm persistent weakness. In that case, Ethereum may retest the $1,500 level or even dip below it if selling pressure intensifies. Related Reading: Ethereum Metrics Reveal Critical Support Level Can Buyers Step In? The current environment is shaped by global tensions and macro uncertainty, with no clear catalysts to drive a breakout in either direction. As long as ETH remains below its key moving averages, the risk of another leg down remains elevated. Bulls must act swiftly to flip sentiment and avoid a deeper correction toward long-term demand levels. Featured image from Dall-E, chart from TradingView

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Analysts debate the ETH price outcomes of Ethereum’s upcoming Shapella upgrade

The Ethereum Foundation has announced April 12 as the date of deployment of the much-anticipated Shanghai and Capella upgrade, together dubbed as Shapella. The upgrades will enable withdrawals from Ethereum 2.0 staking contracts. The staking contract was first launched in December 2020. It only accepted one-way deposits of ETH, which will change after the upgrade. [...]

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Ethereum Net Taker Volume Signals Huge Selling Pressure Can Bulls Hold Key Levels?

Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action. After losing the critical $2,000 level, ETH plunged as low as $1,750, marking its lowest point since October 2023. Bulls are now under pressure, as they must defend the current demand zone to prevent further downside and restore investor confidence. Related Reading: Bitcoin Lost And Retested The 200-Day MA As Resistance Heres What Happened Last Time Market conditions remain fragile, with Ethereum struggling to find strong buying interest. If bulls fail to hold current support levels, ETH could see further declines, adding to the bearish sentiment that has dominated the market in recent weeks. On-chain data from CryptoQuant reveals that Ethereums Net Taker Volume remains at a low level, indicating that selling pressure is still strong. This suggests that market participants are leaning bearish, with more sell orders than buy orders dominating Ethereums price action. With ETH trading in a vulnerable position, the next few days will be crucial. If bulls can stabilize the price and push ETH back above $1,900, a potential recovery could begin. However, if selling pressure persists, Ethereum may continue its downward trend, testing lower support levels in the coming weeks. Ethereum Faces Heavy Selling Pressure Ethereum has lost over 57% of its value, creating an extremely difficult environment for bulls as the market remains in a deep downtrend. Currently, ETH is trading below a multi-year support level, which has now turned into a strong resistance zone. As ETH struggles to break back above the $1,900$2,000 range, the bearish trend continues, with bulls failing to regain momentum. Related Reading: New ONDO Addresses Surge 390% In 24 Hours A Sign Of Growing Interest In Ondo Finance The entire crypto market has suffered a breakdown, mirroring weakness in the U.S. stock market, as global trade war fears and growing uncertainty surrounding U.S. President Trumps policies shake investor confidence. Since the U.S. elections in November 2024, macroeconomic volatility and uncertainty have been the dominant forces in driving markets lower. With no clear resolution in sight, investors remain cautious, as the U.S. stock market has now reached its lowest levels since September 2024. Top analyst Quinten Francois shared data on X, revealing that Ethereums Net Taker Volume is at historic lows, signaling intense selling pressure. This indicates that sellers continue to dominate the market, preventing ETH from staging any meaningful recovery. Until buyers step in with strong demand, ETH may remain stuck in a bearish phase, with further downside risk if key support levels fail. With Ethereum struggling below critical resistance and selling pressure increasing, the next few weeks will be pivotal in determining whether ETH can stabilize or if the market will see further losses. If bulls cannot reclaim lost ground, Ethereum could face even deeper corrections in the near term. ETH Stuck In Range As Bulls Fight to Reclaim $2,000 Ethereum is currently trading at $1,880, remaining range-bound between $1,750 and $1,950 since last Monday. This tight trading range has kept ETH in a consolidation phase, with neither bulls nor bears gaining full control over price action. For Ethereum to start a recovery rally, bulls must push the price back above $2,000 as soon as possible. A break and close above this psychological level would indicate renewed buying momentum, allowing ETH to potentially test higher resistance levels. However, Ethereum remains in a fragile position, as selling pressure continues to weigh on the market. If ETH fails to hold its current levels and breaks below $1,750, it could result in a steady continuation of the downtrend, with further downside risks emerging. Bears would likely target lower support zones, extending the bearish phase and delaying any chance of a sustained recovery. Related Reading: Bitcoin Drops Below 200-Day MA Next Key Support Lies At $66K According To Mayer Multiple With uncertainty still dominating the market, traders are closely watching whether Ethereum can break out of this range or if it will extend its decline, following the broader markets risk-off sentiment. The next few trading sessions will be critical for ETHs short-term direction. Featured image from Dall-E, chart from TradingView

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Ethereum Is Consolidating After The Flush Last Weekend The Calm Before A Big Move?

Ethereum experienced one of the most aggressive sell-offs in its history on Monday, plunging 25% in a single day amid market-wide panic. The rapid decline sent shockwaves through the crypto space, marking one of the most volatile trading sessions ever recorded for ETH.  Related Reading: Bitcoin Support Sits At $90,6K Short-Term Holder Realized Price Expert Reveals Key Resistance Level However, within hours, the price rebounded, erasing nearly the entire drop and stabilizing above key support levels. Despite this swift recovery, Ethereum now faces serious risks as it trades slightly below a crucial resistance level, leaving investors uncertain about its next move. Top analyst Daan shared a technical analysis on X, revealing that both Bitcoin and Ethereum are currently in consolidation, attempting to form a higher low after the dramatic market flush from this weekend. He noted that this phase is critical for determining the next major trend, as holding above current levels could signal the beginning of a new bullish leg.  Failure to establish strong support could lead to further downside, putting Ethereum at risk of another correction. With uncertainty still looming, all eyes are on ETHs ability to reclaim lost ground and establish momentum for a potential breakout in the coming days. Ethereum Prepares for a Decisive Move Amid Uncertainty Ethereum is currently trading below the $2,800 mark, struggling to gain momentum after last weeks historic volatility. The recent price action has left investors frustrated, as hopes for a strong rally continue to fade. While Bitcoin has shown relative strength, Ethereum remains stuck in a tight range, unable to break above key resistance levels. The uncertainty in the market has led to a decline in investor confidence, with many questioning whether ETH will be able to reclaim its bullish structure anytime soon. Top analyst Daan shared a technical analysis on X, revealing that consolidations are forming everywhere. He noted that BTC, ETH, and most altcoins are displaying similar patternsattempting to establish a higher low after the aggressive flush from the weekend. According to Daan, if Ethereum successfully breaks above its consolidation channel, it could gain the momentum needed to push above key supply levels and start a new bullish phase. However, failure to do so could lead to more downside pressure. The coming weeks will be crucial for Ethereums price trajectory. If ETH can hold above $2,700 and push toward $3,000, it may spark renewed interest from investors. However, continued failure to reclaim key resistance levels could push Ethereum into deeper consolidation, further frustrating market participants. Related Reading: Ethereum Is Testing Key Support on the ETH/BTC Chart A Parabolic Move Could Be Next Despite short-term uncertainty, institutions are continuing to accumulate ETH, recognizing its long-term value. Historically, these periods of consolidation have been followed by explosive price movements. Price Struggles Below $2,900  Ethereum is currently trading at $2,750 after days of consolidation below the $2,900 mark. Despite multiple attempts to push higher, ETH has struggled to reclaim key resistance levels that would signal a shift in momentum. The price action remains uncertain, with bulls attempting to hold the $2,700 support zone while looking for a breakout above the $2,800 mark to regain short-term control. The most critical resistance level remains the $3,000 mark. If Ethereum can successfully push above this price and turn it into support, it will open the door for a rally into higher supply levels. This would strengthen the bullish case and potentially trigger a move toward $3,300 or higher. Related Reading: Solana Could Target $220 If It Holds Current Levels Analyst Expects Short-Term Bullish Momentum On the downside, holding above $2,700 is crucial for avoiding further selling pressure. If ETH fails to defend this level, a drop toward $2,600 or even $2,500 could be the next move. However, as long as Ethereum remains within this consolidation range, traders will continue to watch for a decisive breakout. A close above $2,800 in the coming days would be the first sign that bulls are gaining momentum and that a new uptrend is beginning. Featured image from Dall-E, chart from TradingView

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Ethereum Could Reclaim $2,700 As Key Data Signals Reduced Selling Pressure

Ethereum (ETH) currently trades approximately 11% below its local highs of around $2,730. Investors are optimistic about a potential price surge in the coming days, driven by encouraging on-chain data. Key metrics from Glassnode indicate a decline in ETH inflows into exchanges, suggesting that investors are holding onto their assets rather than selling. This trend [...]

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Ethereum Sees Inflows Of $505M Into Binance, Sign Of Selling?

On-chain data shows Ethereum has observed massive inflows of $505 million into Binance during the past day, a sign that selling may be going on. Ethereum Exchange Inflows Have Shot Up During The Past Day According to data from the on-chain analytics firm Santiment, this increase in the supply on exchanges is the largest observed [...]

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