Ethereum Loses Momentum While OI Holds Steady: Binance Data Shows A Market Reset
Ethereum has reclaimed the $3,150 level after a volatile Sunday session that left traders divided on what comes next. Some analysts warn that ETH’s recent bounce is nothing more than a temporary pause before the downtrend resumes, while others see signs of a potential bullish reversal forming at current levels. Related Reading: Bitcoin Must Break $97K To Restore Confidence Among Youngest Long-Term Holders – Details Fresh data from Binance reveals that Ethereum is now entering a delicate phase. Price momentum has clearly weakened, yet open interest remains relatively high despite the....
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Many cryptocurrencies have seen their bull market gains wiped out since the start of 2022 and Ethereum has not been left out. However, investors in the digital asset have fared better than most given how many of them still remain in profit. Data shows that the gainers in Ethereum are still holding steady as half […]
The dynamic landscape of the Bitcoin market is entering a full momentum reset, the kind that typically appears in the cooling phase between major trend cycles. After a period of decisive movements, the market now finds itself in a state where previous directional force has largely dissipated, allowing for a re-evaluation of its path. A Necessary Reset Before Bitcoin’s Next Big Push In an X post, Swissblock has mentioned that Bitcoin momentum is clearly in a reset phase, and the question now is how long until it flips. Historically, in late February to early April 2025, the bottom....
Ethereum has been on a downward trend since hitting a new all-time high in August. However, this decline in price was hastened by the robust market crash on October 10. After the prolonged period of bearish performance and steady pullback, the altcoin is finally experiencing a complete reset of its liquidity. A Clean Slate For […]
BTC’s price loses its previous all-time high of $18,000 as Binance rejects the FTX takeover, with the price responding with a decline to a region of $15,500. BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. BTC’s price bounces from a low of $15,500 on the daily timeframes as the price aims for a recovery toward the 50 Exponential Moving Average (EMA) In the last few days, the crypto market has been erratic, with the price of many altcoins, including Bitcoin (BTC), battling for....
Ethereum is undergoing one of the most significant resets in over a year, caused by its price breaking below $4,000. This retest has been most visible in futures open interest, where billions of dollars in positions have been wiped out across major exchanges. This rapid unwinding comes as a correction move to weeks of excessive leverage during uptrends that had pushed derivatives activity to unsustainable levels. Related Reading: When Will XRP Reach $25? Bitcoin Investor Shares A Bold Prediction Massive Open Interest Wipeout Across Major Exchanges The most recent Ethereum price correction....