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Ethereum Short-Term Analysis: Resistance Levels Loom, Breakout Crucial for Future DirectionInitial jobless claims fell last week, yet reemployment opportunities remain scarce, hinting at a possibly persistent high unemployment rate in August. However, despite slightly weak economic data, Ethereum has shown signs of a rebound in the 1-hour chart

Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?Nvidia's recent earnings report, eagerly awaited by the global market, revealed sales and earnings exceeding expectations. However, the stock price plummeted by 5% after the announcement, highlighting the "good news is bad news" phenomenon

Bitcoin ETFs See Net Inflow of 3,622 BTC, While Ethereum ETFs Witness Net Outflow of 4,926 ETHAccording to Odaily Planet Daily, Lookonchain data shows that on August 26th, U.S

TON Event Shakes the Market, Bitcoin Consolidates, Outlook for the New WeekYesterday, the biggest event in the crypto world was the arrest of TELEGRAM's founder, causing a significant drop in both the TVL (Total Value Locked) and price of TON-related ecosystems. Until official clarification is provided, this fear sentiment will not dissipate in the short term

Will Ethereum Price Break $2,800? Analyst: Rise to $3,600 is Not Out of the QuestionAccording to Cointelegraph, Ethereum price charts are currently showing a potential rise to levels not seen since the launch of the first spot Ethereum ETF in July. However, analysts say a weekly close above $2,800 is necessary to confirm this move

Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for BreakoutBitcoin is currently undergoing a minor pullback. The supply has not significantly increased from its surge to the previous high, indicating a normal adjustment after a failed attempt to break through resistance

Ethereum Poised to Break Out of Consolidation, Price Could Rise Back to $3,000In short, Ethereum's price could rise back to $3,000 if the asset successfully breaks out of its current consolidation range. The recent crisis led to realized losses that were close to annual highs, but these have now declined significantly

Ethereum in 2024: Price Slump After Cancun Upgrade and Future Outlook2024 has been a transformative year for Ethereum. The Cancun upgrade was successfully implemented in March, the Ethereum spot ETF was officially approved in July, and on-chain activity has grown nearly fourfold

Bitcoin Hovers Around $60,000, Liquidation Clusters and Lackluster Retail Demand Hinder BreakoutBitcoin closed above its 200-day moving average for the first time since August 13th, but this doesn't necessarily signal a complete takeover by bulls. Despite a 3

Ethereum Spot ETFs Bleed Over $430 Million in First Month, Outflows SlowIn its first month of listing, the total outflows from nine Ethereum spot ETFs have exceeded $430 million, with Grayscale's ETHE experiencing the most significant outflows, reaching $2.43 billion

Ethereum (ETH) Future Outlook: The Bearish and Bullish BattleRecently, market researcher and analyst DeFiIgnas published an in-depth analysis report on the current state of Ethereum (ETH), exploring the bearish and bullish arguments surrounding the cryptocurrency and offering valuable insights into its future trajectory.Over the past two years, Ethereum has struggled to keep pace with the growth of other cryptocurrencies

Is Uncle Sam About to Dump Bitcoin? Bitcoin Market Trembles!The recent actions of the US government have once again sent the Bitcoin market into a frenzy. A couple of days ago, they quietly transferred $590 million worth of 10,000 Bitcoins to a Coinbase wallet, causing the entire cryptocurrency market to panic