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Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its EndEthereum's 13% drop below the key $3,000 level since early August may be nearing its end, with two on-chain metrics indicating that the pullback could be ending soon. Crypto analysts are optimistic about the rise in Ethereum holdings and the "positive" receiver-to-sender ratio, suggesting that the long correction period may be coming to an end

Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price GainsA report by cryptocurrency analytics firm Kaiko Research reveals that Ethereum gas fees have recently reached a five-year low, primarily driven by increased Layer 2 activity and the March Dencun upgrade, which reduced transaction costs on Layer 2. This fee reduction has implications for ETH, as lower fees mean less ETH burned, leading to an increase in the token's supply

Ethereum Price Prediction: Future Trajectory for 2024 and BeyondEthereum's market capitalization closely follows Bitcoin, having traded neck and neck with it at major turning points over the past year. However, Ethereum has lagged behind Bitcoin in the past year, recording a 31

$2,300 Could Be a Strong Support Level for Ethereum

Ethereum ETF Debut Met With Tepid Response Amidst Increased Market Volatility, Future Trajectory UncertainDespite the highly anticipated launch of a spot Ethereum (ETH) exchange-traded fund (ETF), Ethereum's price did not experience a significant surge as many had projected, displaying little reaction to what was expected by many to be a major market catalyst. Analysts predict that Ethereum will mirror Bitcoin's pricing trends following its ETF launch, pointing out that Bitcoins price did not immediately skyrocket after its own ETF debut

Binance CEO CZ Talks Decentralized Exchanges, Launchpad, BNB Price and More in AMAIn the second "Ask Me Anything" live session, Binance CEO Changpeng Zhao, known as CZ, answered questions about decentralized exchanges, the Binance ecosystem, and other topics. He also shared Binance's vision for the future

Currently, the dogecoin (DOGE) faces a critical juncture with market sentiment and key support trendsAfter experiencing some fluctuations for a period of time, DOGE seems to be at a critical juncture, especially in the context of a bearish signal displayed on the weekly chart. Recent analysis from a post on X platform indicates that DOGE has fallen back to the previous reversal resistance area below, implying potential further downward pressure

Will Bitcoin rise again? Analyst: Short-term bearish, frequent fluctuations next week, cautious operation!Bitcoin's volatility in the few minutes before and after the US stock market opened last night exceeded the volatility of the entire day, which was undoubtedly a nightmare for high-leverage players. They might have been profitable in the first few minutes, but turned into losses in the blink of an eye

Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?Last night, before the US stock market opened, Bitcoin fluctuated by more than its full-day range in just a few minutes. High-leverage players may have felt this impact particularly

DOGE Bullish in the Short Term: Breaking Resistance Levels, Strong Bullish Momentum, Short-Term Entry Point AppearsBitcoin rebounded to $63,000 yesterday, with the overall market performing relatively stable. ETF inflows supported the market's rise, but both bulls and bears were cautious, expecting the market to continue consolidating and awaiting the release of tomorrow's CPI data

Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers HopeDespite successfully defending the key support level of $0.1, Dogecoin (DOGE) remains trapped in a bearish scenario

Ethereum's $2,860 Support Holds Strong, Deribit Predicts Rise to $4,500August 1st, 2023 - Crypto derivatives exchange Deribit, in a recent report, stated that Ethereum's solid $2,860 support level suggests a potential surge to $4,500. The report highlights that the $2,860 support has withstood multiple tests since July 5th, with market focus currently centered on Ethereum