Here is an analytical summary of the latest developments in the price of Ethereum (ETH) according to the Crypto.news report issued on July 2, 2025:
🔍 Current Situation of Ethereum (ETH)
Current Price: $2,451
Daily Change: Decrease of 0.5%
Nearby Resistance: $2,455 (20-day Simple Moving Average)
Potential Support: $2,287 (Lower Bollinger Band)
📊 Reasons for Weak Short-Term Expectations
Large Inflows to Exchanges:
Approximately 100,000 ETH ($250 million) have been deposited to the Binance platform in two large transactions.
This indicates the possibility of increased selling pressure if the overall market sentiment changes.
Decline in Open Interest:
Since June 26, the price in the spot market has risen, but open interest on Binance has fallen below $5.6 billion.
This means that traders are not opening new positions with the same strength, reflecting caution or lack of confidence in the continuation of the upward trend.
Decrease in Liquidity in the U.S. Economy:
U.S. federal liquidity has decreased from $6.2 trillion to $5.84 trillion.
This decline in liquidity limits investors' appetite for risk, whether in traditional markets or cryptocurrencies.
📉 Technical Indicators
RSI (Relative Strength Index): 48.9 – the market is in a consolidation phase (neither strong upward nor clear downward movement).
Bollinger Bands: The trading range is narrowing, indicating an impending strong movement.
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