Ethereum “Crashes Heavily” Against BTC as Market Faces Strong Pullback
Ethereum has been severely underperforming Bitcoin as of late, which has led the ETHBTC trading pair to see immense weakness It is currently plunging lower as Bitcoin’s $13,800 rejection sends shockwaves throughout the market Although it has reached its first key support zone, weakness seen by both BTC and ETH individually will likely drag it significantly lower in the near-term This weakness can only be reverted if bulls step up and propel both the cryptocurrencies […]
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The general crypto market has experienced a strong downward movement. Ethereum is no exception to this bearish development since the digital asset has experienced a pullback below key support levels. With waning market performances hindering investors’ sentiment toward ETH, the altcoin is likely to undergo an extended pullback in the upcoming days. Bearish Forces Weigh […]
Ethereum has remained resilient over the past few weeks, holding firmly above key support levels despite a broader market pullback. While many altcoins have struggled to find direction, ETH continues to trade above the $2,500 zone — a level that has repeatedly served as a strong foundation during times of uncertainty. Now, all eyes are […]
Earlier this week, Ethereum experienced a notable uptick after a period of bearish pressure that halted previous upward attempts. However, this renewed bullish momentum appears to be losing steam as ETH’s price saw a pullback on Thursday. Despite this pullback, ETH’s derivatives market continued to show strong momentum. A Dramatic Uptick In Ethereum Open Interest […]
Ethereum extended its decline and traded close to the $1,700 zone against the US Dollar. ETH price is recovering, but it is facing a strong resistance near $2,200. Ethereum extended its decline below the $2,000 and $1,800 support levels. The price is well below the $2,500 level and the 100 hourly simple moving average. There […]
After a strong rally that pushed Ethereum to a local high of $2,730, the asset has retraced over 10%, now testing key support levels as the market cools off. The correction comes after days of heavy buying pressure and growing expectations of a broader altseason. However, the recent pullback has sparked debate among analysts and traders, with sentiment now split between those anticipating another leg up and others preparing for a deeper correction. Related Reading: Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details Some believe this pause is healthy and necessary....