Ethereum Trades Near Whales’ Cost Basis For The Fourth Time Since 2021 – Hist...
Ethereum is trading above the $3,200 level as bulls attempt to push the price back toward higher resistance zones, but market sentiment remains fragile. Fear and uncertainty continue to dominate as several analysts warn that the broader trend may still point toward a potential bear market. Yet, beneath the volatile price action, key on-chain data is revealing a development that could shape Ethereum’s next major phase. Related Reading: Bitcoin Whales Refuse to Sell: Historic Signal Emerges As Binance CDD Drops To 2017 Levels According to a new report from CryptoQuant, a historic signal tied....
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In this month’s The Bitcoin Monthly, ARK Invest focused on Ethereum and the Merge. As a side dish, they did publish some premium and review-worthy stats that we’re about to cover. Never mind the market, the Bitcoin network keeps producing block after block regardless. The stats that this whole activity produces can be critical in understanding the market, though. Related Reading: WATCH: Waiting On The Bitcoin Monthly: Will Crypto Sink Or Soar? BTCUSD August 31, 2022 That’s where ARK Invest’s The Bitcoin Monthly comes in. The publication defines itself as “an “earnings report”....
Bitcoin continues to struggle below the $90,000 level, failing to reclaim key resistance as bulls attempt to defend current demand zones. Price action reflects a market under pressure, with momentum fading after a prolonged correction. From its all-time high, Bitcoin has now retraced roughly 30%, placing the asset firmly in a corrective phase where uncertainty and caution dominate trading behavior. Related Reading: Ethereum Trades Near Whales’ Cost Basis For The Fourth Time Since 2021 – Historic Test According to a report from Axel Adler, on-chain data confirms that market stress is no....
On-chain data suggests an Ethereum close under the $1,530 level could lead to a significant drawdown for the cryptocurrency. Ethereum Support Levels Below $1,530 Are Very Thin Currently In a new post on X, analyst Ali has discussed what the support and resistance levels of Ethereum are looking like right now. These support and resistance levels aren’t the technical ones, however, but rather ones based on on-chain analysis. The support and resistance levels here are defined based on the density of investors’ cost bases. The “cost basis” here refers to the average....
Bitcoin continues to struggle below the $90,000 level, failing to reclaim higher ground as bulls focus on defending current demand zones. After a sharp correction from recent highs, price action has entered a consolidation phase that, on the surface, appears relatively calm. Volatility has compressed, and short-term price movements suggest a market pausing rather than decisively breaking down. However, this apparent stability may be misleading. Related Reading: Ethereum Trades Near Whales’ Cost Basis For The Fourth Time Since 2021 – Historic Test According to a CryptoQuant report from XWIN....
Data from Glassnode shows the Bitcoin long-term holder cost basis is currently above the realized price of the crypto. Bitcoin Long-Term Holder Cost Basis May Have Hints For Bear Market Length As per the latest weekly report from the analytics firm Glassnode, the LTH cost basis has remained below the realized price for a period […]