Altcoins News
By MikeT
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Whale Activity fuels Curiosity. On April 4, 2025, data from blockchain tracker Lookonchain highlighted substantial Ethereum…
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Price Momentum and Trading Volume Decline. At the time of writing, Ethereum is trading near $1,790, showing a modest 0.
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Technical Indicators and Bearish Sentiment. Ethereum’s technical indicators are also signaling a bearish trend.
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Major Liquidation Levels and Market Sentiment. The Ethereum market is also witnessing significant liquidation levels, with traders over-leveraged…
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Conclusion. The Ethereum market is currently in a precarious state, with a mix of bearish sentiment and strong…
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Despite the ongoing bearish market sentiment, Ethereum (ETH) continues to attract significant interest from crypto whales.
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In addition to this whale’s purchases, another major investor created a new wallet and spent $20.78 million to acquire 11,463 ETH at an average price of $1,813 in just six hours.
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At the time of writing, Ethereum is trading near $1,790, showing a modest 0.90% price surge in the last 24 hours.
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Although ETH has seen some upward movement, its overall price momentum remains fragile. Recent technical analysis has revealed that Ethereum broke below the crucial $1,810…
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Ethereum’s technical indicators are also signaling a bearish trend. The altcoin is currently trading below its 200-day Exponential Moving Average (EMA), a common indicator used…
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Additionally, the Relative Strength Index (RSI) is hovering in a range that suggests ETH could experience further price corrections before finding a bottom.
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Given the current state of the market, Ethereum faces substantial liquidation risks. If the price continues to decline and breaks below key support levels, the market could see…
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Ethereum’s future price trajectory will largely depend on how the market responds to these large whale purchases and whether the broader market sentiment shifts in favor of ETH…
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