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Ethereum (ETH), the world’s second-largest cryptocurrency, is reportedly at a pivotal juncture, with market sentiment reaching its lowest point in a year. This downturn in sentiment, however, may signal an impending price reversal, according to industry experts. Ed Hindi, co-founder of Swiss investment firm Tyr Capital, suggests that Ethereum has “reached peak ‘bearishness’” and stands…
Ethereum (ETH) recently surged past the crucial $2,600 demand zone, raising optimism for a sustained bullish rally. However, fresh market sell-offs are threatening to drag the price back within the lower range. As Bitcoin (BTC) struggles to reclaim $97,000, Solana (SOL) aims for $200, Litecoin (LTC) eyes $125, and Cardano (ADA) attempts to surpass $0.80,…
Ethereum bulls have seized the opportunity presented by the recent crypto market downturn, aggressively accumulating ETH at lower prices. Data from leading crypto analyst Ali Martinez revealed that whales have purchased a staggering 600,000 ETH over the past seven days, reinforcing bullish sentiment and hinting at a potential price surge. Whales have bought over 600,000…
Ethereum, the second-largest cryptocurrency by market capitalization, is under mounting pressure as hedge funds ramp up their bearish bets. Despite the broader crypto market showing signs of recovery, Ethereum has been lagging, with its price hovering around $2,500—down 2% in the last 24 hours and nearly 45% below its all-time high in November 2021. The…