koinmilyoner
--
Bullish
Ethereum Metrics Show Critical Support—Can Buyers Tap In?
After a period of volatility and global trade policy uncertainty, Ethereum is trading over $1,600. As US President Donald Trump's tariffs disrupt investor morale, crypto markets struggle to find direction. The market and Ethereum are trying to stabilize following weeks of strong selling and macroeconomic headwinds.
Bulls are striving to reclaim control despite weakness. However, market movement shows the slump may continue. ETH must regain crucial levels to validate short-term momentum for a major rebound. Market caution prevails till then.
Ethereum bulls are encouraged by Glassnode statistics. On-chain data show that whales collected over 822,440 ETH at $1,546.55, the most significant support level. If challenged again, this level might support a rebound since zones with high accumulation tend to rekindle buying activity.
The next few days will determine Ethereum's direction. Holding above this support and pushing into higher resistance may revive positive mood and reverse recent losses.
Ethereum has risen more than 20% from last Wednesday's low at $1,380, boosting investor hope for a market rebound. ETH is trading around important resistance levels, building a basis for a possible breakout that might start a fresh uptrend. Global macroeconomic difficulties continue to weigh on market sentiment, making the future unpredictable.
After US President Donald Trump announced a 90-day tariff moratorium for all nations except China, policy speculation increased. This move temporarily boosted worldwide risk-taking, boosting cryptocurrencies. Investors are wary due to long-term US foreign policy and trade conflicts.
Some experts think Ethereum has priced in the worst of the selloff, while others think we may be in the early stages of a bear cycle. Despite differing outlooks, on-chain data shows a big support level.
#ETH #BinanceAlphaAlert #BitcoinWithTariffs #WhaleMovements #BTCRebound $ETH
After a period of volatility and global trade policy uncertainty, Ethereum is trading over $1,600. As US President Donald Trump's tariffs disrupt investor morale, crypto markets struggle to find direction. The market and Ethereum are trying to stabilize following weeks of strong selling and macroeconomic headwinds.
Bulls are striving to reclaim control despite weakness. However, market movement shows the slump may continue. ETH must regain crucial levels to validate short-term momentum for a major rebound. Market caution prevails till then.
Ethereum bulls are encouraged by Glassnode statistics. On-chain data show that whales collected over 822,440 ETH at $1,546.55, the most significant support level. If challenged again, this level might support a rebound since zones with high accumulation tend to rekindle buying activity.
The next few days will determine Ethereum's direction. Holding above this support and pushing into higher resistance may revive positive mood and reverse recent losses.
Ethereum has risen more than 20% from last Wednesday's low at $1,380, boosting investor hope for a market rebound. ETH is trading around important resistance levels, building a basis for a possible breakout that might start a fresh uptrend. Global macroeconomic difficulties continue to weigh on market sentiment, making the future unpredictable.
After US President Donald Trump announced a 90-day tariff moratorium for all nations except China, policy speculation increased. This move temporarily boosted worldwide risk-taking, boosting cryptocurrencies. Investors are wary due to long-term US foreign policy and trade conflicts.
Some experts think Ethereum has priced in the worst of the selloff, while others think we may be in the early stages of a bear cycle. Despite differing outlooks, on-chain data shows a big support level.
#ETH #BinanceAlphaAlert #BitcoinWithTariffs #WhaleMovements #BTCRebound $ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
1,804.51
+0.54%
