ETH（二饼）
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According to Dune data, the total amount of staked Ethereum beacon chain has exceeded 32 million, reaching 32,141,157 ETH, and the staked ETH accounts for 26.80% of the total ETH supply. Among them, the stake share of the liquidity staking protocol Lido reached 30.11%.
#ETH（二饼） $ETH
#ETH（二饼） $ETH
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Ethereum market analysis
March 29, 2024 1:00 a.m. Beijing time
1. As one of the main representatives of cryptocurrency, Ethereum’s trends are usually similar to Bitcoin. Generally speaking, it will not go out of independent market. I am personally optimistic about Ethereum passing through ETFs (exchange-traded funds), although Wall Street analysts give a pass rate of only 28-30%.
2. The key price points we focus on include: resistance levels of $3870 and $3980, and support levels of $3430, $3280 and $3170.
3. We will watch near the support level and consider going long. A partial position can be opened now to avoid missing out on an immediate price increase. The same is true for other altcoins.
4. Finally, I would like to remind everyone that you must control your investment positions and strictly conduct risk management.
#热门话题 #ETH（二饼） $ETH
March 29, 2024 1:00 a.m. Beijing time
1. As one of the main representatives of cryptocurrency, Ethereum’s trends are usually similar to Bitcoin. Generally speaking, it will not go out of independent market. I am personally optimistic about Ethereum passing through ETFs (exchange-traded funds), although Wall Street analysts give a pass rate of only 28-30%.
2. The key price points we focus on include: resistance levels of $3870 and $3980, and support levels of $3430, $3280 and $3170.
3. We will watch near the support level and consider going long. A partial position can be opened now to avoid missing out on an immediate price increase. The same is true for other altcoins.
4. Finally, I would like to remind everyone that you must control your investment positions and strictly conduct risk management.
#热门话题 #ETH（二饼） $ETH
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Bitcoin’s value recently experienced a sharp decline, falling to $66,000 levels, but has since recovered and is currently trading around $67,127, a loss of more than 5% in value in one day.
The price of Ethereum also quickly dropped to $3,319 before recovering slightly to approximately $3,369, losing nearly 7% of its value in 24 hours. In this short period of time, investors suffered significant losses due to price fluctuations, with a total of more than $100 million liquidated, most of which was due to losses suffered by investors holding long positions when prices fell.
#热门话题 #BTC #ETH（二饼） $BTC $ETH
The price of Ethereum also quickly dropped to $3,319 before recovering slightly to approximately $3,369, losing nearly 7% of its value in 24 hours. In this short period of time, investors suffered significant losses due to price fluctuations, with a total of more than $100 million liquidated, most of which was due to losses suffered by investors holding long positions when prices fell.
#热门话题 #BTC #ETH（二饼） $BTC $ETH
Stop profit notice, another wave of god-level predictions
Although the market is not very big, the volatile market is also won by both longs and shorts. At about 2 o'clock this morning, short orders were publicly issued for 71200-71600. The current lowest market has touched 69600, and once again made more than 1,000 points of profit. Ethereum The short order of 3580-3620 was also successfully arranged to get more than 70 points of profit. As early as the early morning, it was prompted to adopt the operation method of selling high and buying low. 3600 suppressed short selling and 3520 supported long. I also made a lot of profits back and forth. The market trend came You must grasp the direction in time, don't be reluctant to go in the wrong direction, and stop the loss in time to make big losses and small losses! For the time being, choose to wait and see for the follow-up market. When the market stabilizes, choose operations. The market is changing rapidly and the market fluctuates rapidly. Personal opinions and suggestions are not real-time and are for reference only. Coin friends who are not sure about the entry point can follow this blogger on the homepage: ETH9908 provides real-time points and directions based on the market situation, #BTC🔥🔥🔥🔥 #ETH（二饼）
Although the market is not very big, the volatile market is also won by both longs and shorts. At about 2 o'clock this morning, short orders were publicly issued for 71200-71600. The current lowest market has touched 69600, and once again made more than 1,000 points of profit. Ethereum The short order of 3580-3620 was also successfully arranged to get more than 70 points of profit. As early as the early morning, it was prompted to adopt the operation method of selling high and buying low. 3600 suppressed short selling and 3520 supported long. I also made a lot of profits back and forth. The market trend came You must grasp the direction in time, don't be reluctant to go in the wrong direction, and stop the loss in time to make big losses and small losses! For the time being, choose to wait and see for the follow-up market. When the market stabilizes, choose operations. The market is changing rapidly and the market fluctuates rapidly. Personal opinions and suggestions are not real-time and are for reference only. Coin friends who are not sure about the entry point can follow this blogger on the homepage: ETH9908 provides real-time points and directions based on the market situation, #BTC🔥🔥🔥🔥 #ETH（二饼）
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$JTO How much money can you make with 10,000 yuan in a bull market? 21 years are as follows:
Buy #sol. , 10,000 yuan becomes 2 million yuan
Buy SHIB, 10,000 yuan becomes 50 million yuan
Buy AXS, 10,000 yuan becomes 1 million yuan
Buy #ETH（二饼） , 10,000 yuan can at least become 200,000 yuan
Don't miss the monster in this bull market #kaiju
#KAIJU起飞就在一瞬间
Buy #sol. , 10,000 yuan becomes 2 million yuan
Buy SHIB, 10,000 yuan becomes 50 million yuan
Buy AXS, 10,000 yuan becomes 1 million yuan
Buy #ETH（二饼） , 10,000 yuan can at least become 200,000 yuan
Don't miss the monster in this bull market #kaiju
#KAIJU起飞就在一瞬间
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The transaction volume of DEX on the Ethereum chain exceeded 2 billion US dollars yesterday, ranking back to the first place
According to data from DeFiLlama, the decentralized exchange (DEX) on the Ethereum network reached a trading volume of $2.019 billion on April 1, regaining the top position in trading volume. It was followed by the BSC (Binance Smart Chain) network’s DEX, which ranked second with a trading volume of $1.59 billion on the same day. The Solana Network’s DEX ranked third with a trading volume of $1.252 billion. Arbitrum Network’s DEX ranked fourth with a trading volume of US$664.21 million, and Base Network’s DEX ranked fifth with a trading volume of US$500.39 million.
#热门话题 #ETH（二饼） #Solana
According to data from DeFiLlama, the decentralized exchange (DEX) on the Ethereum network reached a trading volume of $2.019 billion on April 1, regaining the top position in trading volume. It was followed by the BSC (Binance Smart Chain) network’s DEX, which ranked second with a trading volume of $1.59 billion on the same day. The Solana Network’s DEX ranked third with a trading volume of $1.252 billion. Arbitrum Network’s DEX ranked fourth with a trading volume of US$664.21 million, and Base Network’s DEX ranked fifth with a trading volume of US$500.39 million.
#热门话题 #ETH（二饼） #Solana
The main force is now competing with retail investors to see who can hold their urine for the longest time. Neither side wants to let the other take advantage! But I know one thing about common sense. The longer you hold it, the farther you will pee!
Pee holding competition, it’s almost time to pee. We can’t pee first!#BTC #Memecoins #BullorBear #BullorBear #ETH（二饼）
Pee holding competition, it’s almost time to pee. We can’t pee first!#BTC #Memecoins #BullorBear #BullorBear #ETH（二饼）
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According to monitoring by on-chain analyst @tayvano_, Lazarus Group began transferring funds they stole from the HTX/Heco bridge as early as November 22, 2023, on March 13. Over the course of 11 consecutive days, they poured a total of 48194.3 ETH (approximately $174 million) into Tornado Cash into 506 batches for money laundering.
#热门话题 #ETH（二饼） #htx $ETH
#热门话题 #ETH（二饼） #htx $ETH
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According to a report by The Block, there is strong interest in the sale of FTX Legacy’s $7.5 billion locked Solana (SOL). FTX Estate has selected Galaxy Asset Management to facilitate the token sale. The first company to publicly announce the purchase of Solana locked in FTX Legacy was Neptune Digital, who stated that they purchased 26,964 SOL for $64 per token. Additionally, Galaxy Trading is raising funds from investors, bidding on it at $64 per token. The report also noted that in addition to Solana, Galaxy Asset Management is also selling other Solana and Ethereum-based tokens with a total value of approximately $211 million.
#热门话题 #SOL🔥🔥🔥🔥 #ETH（二饼） $ETH $SOL
#热门话题 #SOL🔥🔥🔥🔥 #ETH（二饼） $ETH $SOL
Ethereum whale transactions surge
Does it foreshadow anything?
Ethereum (ETH), the world's second-largest cryptocurrency, has staged a strong rally, rising nearly 15% from a low of $3,000 over the past 10 days.
Currently, Ethereum price is up 1.1% to $3,510, giving it a market capitalization of $4,421 billion.
Ethereum whales accumulate massively
In recent insights shared by cryptocurrency analyst Ali Martinez, whale trading volumes involving ETH have surged significantly amid the correction in Ethereum’s price over the past few weeks.
This trend is seen as a bullish indicator, suggesting that Ethereum price may rise in the foreseeable future.
Analysts have been expecting Ethereum price to continue rising towards $4,000 and further hit an all-time high of $5,000 before the end of the year. On the other hand, there are mixed opinions on the approval of spot Ethereum ETFs, with major companies such as Bitwise optimistic about SEC approval in mid-May 2024.
Ethereum started a downward correction and fell below the $3,550 mark. Bullish momentum emerged after a retest of support at $3,450, reminiscent of Bitcoin’s moves. The price formed a low near $3,459 before rebounding.
There was notable progress above the $3,520 resistance. Bulls pushed the price above the 50% Fibonacci retracement level of the downtrend from the $3,680 high to $3,459 low. Additionally, ETH price broke above a key bearish trend line, marked by resistance at $3,540 on the hourly chart of ETH/USD.
Currently, Ethereum is trading above $3,520 and the 100 hourly simple moving average. Looking ahead, immediate resistance is near $3,600 with the first major hurdle near $3,630. This level is consistent with the 76.4% Fibonacci retracement level of the recent decline from the $3,680 high to $3,459 low.
On the upside, the next major resistance level is $3,680, above which it could open the door for a further rally towards $4,000. On the downside, the first major support level is seen at $3,480, below which it could open a move towards $3,250
#sui #Memecoins #WIF #SHIB #ETH（二饼）
Does it foreshadow anything?
Ethereum (ETH), the world's second-largest cryptocurrency, has staged a strong rally, rising nearly 15% from a low of $3,000 over the past 10 days.
Currently, Ethereum price is up 1.1% to $3,510, giving it a market capitalization of $4,421 billion.
Ethereum whales accumulate massively
In recent insights shared by cryptocurrency analyst Ali Martinez, whale trading volumes involving ETH have surged significantly amid the correction in Ethereum’s price over the past few weeks.
This trend is seen as a bullish indicator, suggesting that Ethereum price may rise in the foreseeable future.
Analysts have been expecting Ethereum price to continue rising towards $4,000 and further hit an all-time high of $5,000 before the end of the year. On the other hand, there are mixed opinions on the approval of spot Ethereum ETFs, with major companies such as Bitwise optimistic about SEC approval in mid-May 2024.
Ethereum started a downward correction and fell below the $3,550 mark. Bullish momentum emerged after a retest of support at $3,450, reminiscent of Bitcoin’s moves. The price formed a low near $3,459 before rebounding.
There was notable progress above the $3,520 resistance. Bulls pushed the price above the 50% Fibonacci retracement level of the downtrend from the $3,680 high to $3,459 low. Additionally, ETH price broke above a key bearish trend line, marked by resistance at $3,540 on the hourly chart of ETH/USD.
Currently, Ethereum is trading above $3,520 and the 100 hourly simple moving average. Looking ahead, immediate resistance is near $3,600 with the first major hurdle near $3,630. This level is consistent with the 76.4% Fibonacci retracement level of the recent decline from the $3,680 high to $3,459 low.
On the upside, the next major resistance level is $3,680, above which it could open the door for a further rally towards $4,000. On the downside, the first major support level is seen at $3,480, below which it could open a move towards $3,250
#sui #Memecoins #WIF #SHIB #ETH（二饼）
🤑🤑🤑Bitwise CIO Predicts Long-Term Inflows into Bitcoin ETFs as Adoption Grows💸💸💸
According to CryptoPotato, Matt Hougan, the CIO of crypto index fund and asset management firm Bitwise, believes inflows into spot Bitcoin exchange-traded funds (ETFs) will continue for years as more investors and institutions adopt the products. Hougan shared his experiences during a 20-day road trip, where he met financial advisors who have already allocated 3% of their client’s portfolios to Bitcoin ETFs and those who have not considered the products at all, highlighting a gap in the adoption pace.📊📊📊📊
Hougan also engaged with national account platforms approving Bitcoin ETF investments later this month and others looking to do so in mid-2025. He said his findings indicated that the inflows the ETF market has 💖💖💖💖💖experienced in the past two months are not a one-time occurrence but part of long-term sustained demand. The Bitwise CIO insisted that the situation of most professional investors, who are currently unable to buy Bitcoin ETFs, would change in the next couple of years as they conduct a series of individual due diligence processes.💷💷💷💷
In addition, Hougan said the ramp-up of inflows into Bitcoin ETFs would be shorter than gold ETFs, which saw inflows built over their first seven years in the market. Market analysts think the former could surpass the latter within months if high inflows persist. Hougan also claimed that 3% is the new 1% in Bitcoin 💰💰💰💰💰investment allocation. He explained that in his six years of speaking with professional investors about Bitcoin, the talks revolved around a 1% allocation. However, that has changed, as almost every wealth market investor he met on his road trip mentioned a 3% allocation as the ideal standard
$BTC $BNB $ETH 💸💸💸💸
#BTC #HotTrendToday 💸💸💸💸💸#HotTrendsView #ETH（二饼）
According to CryptoPotato, Matt Hougan, the CIO of crypto index fund and asset management firm Bitwise, believes inflows into spot Bitcoin exchange-traded funds (ETFs) will continue for years as more investors and institutions adopt the products. Hougan shared his experiences during a 20-day road trip, where he met financial advisors who have already allocated 3% of their client’s portfolios to Bitcoin ETFs and those who have not considered the products at all, highlighting a gap in the adoption pace.📊📊📊📊
Hougan also engaged with national account platforms approving Bitcoin ETF investments later this month and others looking to do so in mid-2025. He said his findings indicated that the inflows the ETF market has 💖💖💖💖💖experienced in the past two months are not a one-time occurrence but part of long-term sustained demand. The Bitwise CIO insisted that the situation of most professional investors, who are currently unable to buy Bitcoin ETFs, would change in the next couple of years as they conduct a series of individual due diligence processes.💷💷💷💷
In addition, Hougan said the ramp-up of inflows into Bitcoin ETFs would be shorter than gold ETFs, which saw inflows built over their first seven years in the market. Market analysts think the former could surpass the latter within months if high inflows persist. Hougan also claimed that 3% is the new 1% in Bitcoin 💰💰💰💰💰investment allocation. He explained that in his six years of speaking with professional investors about Bitcoin, the talks revolved around a 1% allocation. However, that has changed, as almost every wealth market investor he met on his road trip mentioned a 3% allocation as the ideal standard
$BTC $BNB $ETH 💸💸💸💸
#BTC #HotTrendToday 💸💸💸💸💸#HotTrendsView #ETH（二饼）
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Bull market investment motto: Get in the car first and then research, learning to withdraw cash is the wisdom of the winner
Welcome👏to the end of the circle🌍wdnz19998
In the early to mid-term of the bull market, get on board first and do research.
In the later stage, if you study carefully, you can’t just get on the bus.
Learn to withdraw cash when you make a lot of money. Don't think about escaping to the highest point. If you can't hold on to the rise, sell the point. If you want to keep it for a long time, you should pay out the capital first.
Many people want to buy at the lowest point and sell at the highest point in the bull market. The former old leek is in the air
The latter is the caveman after the new leek bull market is over.
There are corresponding methodologies for making fast money and slow money, but it must not be gambling. Remember one sentence, betting on dogs will lead to death.
(It is said that some people have been following me for several years, but in the end they died in the contract. I am very heartbroken. In essence, they have learned it in vain and have not entered their brains at all. They just want to get some quick money information from me. It’s not that there is no information about fast money, but they can’t hear it, because there are some things that only smart people can hear. It’s too obvious and everyone knows it, so there is no fast money. And when there is clear slow money, they are too anxious to wait, so I One can only respect one’s destiny.)
Bull market thinking!
Every big correction is an opportunity to get on board!
Find a location that suits you!
Hold it and wait for departure!
During the bull market, the roller coaster is very exciting!
The middle part is very exciting and the key points are beautiful!
The above is purely a personal opinion!
Because the mentality is different, the operation is of course different!
Control the risks of your own operations!
Everyone’s level of stress tolerance is different!
Everyone’s situation is different!
I'd better get my ready wife!
I still have some bullets left! Wait for the opportunity!
Because it’s only in stock, when facing the roller coaster!
Only then will things be better and calm!
Sit back and wait for the wind to come!
Quietly waiting for the dawn after the storm!
If you like spot goods, let's spend this bull market together. Click on the avatar for the spot goods of Tunniu Market, follow me, face fans, share for free, just be a free blogger, just to increase followers, follow me for free, join the circle!
Which one do you prefer between bits and ether?
Leave a message in the comment area
#BTC #ETH（二饼）
$BTC #
Welcome👏to the end of the circle🌍wdnz19998
In the early to mid-term of the bull market, get on board first and do research.
In the later stage, if you study carefully, you can’t just get on the bus.
Learn to withdraw cash when you make a lot of money. Don't think about escaping to the highest point. If you can't hold on to the rise, sell the point. If you want to keep it for a long time, you should pay out the capital first.
Many people want to buy at the lowest point and sell at the highest point in the bull market. The former old leek is in the air
The latter is the caveman after the new leek bull market is over.
There are corresponding methodologies for making fast money and slow money, but it must not be gambling. Remember one sentence, betting on dogs will lead to death.
(It is said that some people have been following me for several years, but in the end they died in the contract. I am very heartbroken. In essence, they have learned it in vain and have not entered their brains at all. They just want to get some quick money information from me. It’s not that there is no information about fast money, but they can’t hear it, because there are some things that only smart people can hear. It’s too obvious and everyone knows it, so there is no fast money. And when there is clear slow money, they are too anxious to wait, so I One can only respect one’s destiny.)
Bull market thinking!
Every big correction is an opportunity to get on board!
Find a location that suits you!
Hold it and wait for departure!
During the bull market, the roller coaster is very exciting!
The middle part is very exciting and the key points are beautiful!
The above is purely a personal opinion!
Because the mentality is different, the operation is of course different!
Control the risks of your own operations!
Everyone’s level of stress tolerance is different!
Everyone’s situation is different!
I'd better get my ready wife!
I still have some bullets left! Wait for the opportunity!
Because it’s only in stock, when facing the roller coaster!
Only then will things be better and calm!
Sit back and wait for the wind to come!
Quietly waiting for the dawn after the storm!
If you like spot goods, let's spend this bull market together. Click on the avatar for the spot goods of Tunniu Market, follow me, face fans, share for free, just be a free blogger, just to increase followers, follow me for free, join the circle!
Which one do you prefer between bits and ether?
Leave a message in the comment area
#BTC #ETH（二饼）
$BTC #
Ethereum whale transactions surge
Does it foreshadow anything?
Ethereum (ETH), the world's second-largest cryptocurrency, has staged a strong rally, rising nearly 15% from a low of $3,000 over the past 10 days.
Currently, Ethereum price is up 1.1% to $3,510, giving it a market capitalization of $4,421 billion.
Ethereum whales accumulate massively
In recent insights shared by cryptocurrency analyst Ali Martinez, whale trading volumes involving ETH have surged significantly amid the correction in Ethereum’s price over the past few weeks.
This trend is seen as a bullish indicator, suggesting that Ethereum price may rise in the foreseeable future.
Analysts have been expecting Ethereum price to continue rising towards $4,000 and further hit an all-time high of $5,000 before the end of the year. On the other hand, there are mixed opinions on the approval of spot Ethereum ETFs, with major companies such as Bitwise optimistic about SEC approval in mid-May 2024.
Ethereum started a downward correction and fell below the $3,550 mark. Bullish momentum emerged after a retest of support at $3,450, reminiscent of Bitcoin’s moves. The price formed a low near $3,459 before rebounding.
There was notable progress above the $3,520 resistance. Bulls pushed the price above the 50% Fibonacci retracement level of the downtrend from the $3,680 high to $3,459 low. Additionally, ETH price broke above a key bearish trend line, marked by resistance at $3,540 on the hourly chart of ETH/USD.
Currently, Ethereum is trading above $3,520 and the 100 hourly simple moving average. Looking ahead, immediate resistance is near $3,600 with the first major hurdle near $3,630. This level is consistent with the 76.4% Fibonacci retracement level of the recent decline from the $3,680 high to $3,459 low.
On the upside, the next major resistance level is $3,680, above which it could open the door for a further rally towards $4,000. On the downside, the first major support level is seen at $3,480, below which it could open a move towards $3,250
#sui #Memecoins #WIF #SHIB #ETH（二饼）
Does it foreshadow anything?
Ethereum (ETH), the world's second-largest cryptocurrency, has staged a strong rally, rising nearly 15% from a low of $3,000 over the past 10 days.
Currently, Ethereum price is up 1.1% to $3,510, giving it a market capitalization of $4,421 billion.
Ethereum whales accumulate massively
In recent insights shared by cryptocurrency analyst Ali Martinez, whale trading volumes involving ETH have surged significantly amid the correction in Ethereum’s price over the past few weeks.
This trend is seen as a bullish indicator, suggesting that Ethereum price may rise in the foreseeable future.
Analysts have been expecting Ethereum price to continue rising towards $4,000 and further hit an all-time high of $5,000 before the end of the year. On the other hand, there are mixed opinions on the approval of spot Ethereum ETFs, with major companies such as Bitwise optimistic about SEC approval in mid-May 2024.
Ethereum started a downward correction and fell below the $3,550 mark. Bullish momentum emerged after a retest of support at $3,450, reminiscent of Bitcoin’s moves. The price formed a low near $3,459 before rebounding.
There was notable progress above the $3,520 resistance. Bulls pushed the price above the 50% Fibonacci retracement level of the downtrend from the $3,680 high to $3,459 low. Additionally, ETH price broke above a key bearish trend line, marked by resistance at $3,540 on the hourly chart of ETH/USD.
Currently, Ethereum is trading above $3,520 and the 100 hourly simple moving average. Looking ahead, immediate resistance is near $3,600 with the first major hurdle near $3,630. This level is consistent with the 76.4% Fibonacci retracement level of the recent decline from the $3,680 high to $3,459 low.
On the upside, the next major resistance level is $3,680, above which it could open the door for a further rally towards $4,000. On the downside, the first major support level is seen at $3,480, below which it could open a move towards $3,250
#sui #Memecoins #WIF #SHIB #ETH（二饼）
Ethereum whale transactions surge
Does it foreshadow anything?
Ethereum (ETH), the world's second-largest cryptocurrency, has staged a strong rally, rising nearly 15% from a low of $3,000 over the past 10 days.
Currently, Ethereum price is up 1.1% to $3,510, giving it a market capitalization of $4,421 billion.
Ethereum whales accumulate massively
In recent insights shared by cryptocurrency analyst Ali Martinez, whale trading volumes involving ETH have surged significantly amid the correction in Ethereum’s price over the past few weeks.
This trend is seen as a bullish indicator, suggesting that Ethereum price may rise in the foreseeable future.
Analysts have been expecting Ethereum price to continue rising towards $4,000 and further hit an all-time high of $5,000 before the end of the year. On the other hand, there are mixed opinions on the approval of spot Ethereum ETFs, with major companies such as Bitwise optimistic about SEC approval in mid-May 2024.
Ethereum started a downward correction and fell below the $3,550 mark. Bullish momentum emerged after a retest of support at $3,450, reminiscent of Bitcoin’s moves. The price formed a low near $3,459 before rebounding.
There was notable progress above the $3,520 resistance. Bulls pushed the price above the 50% Fibonacci retracement level of the downtrend from the $3,680 high to $3,459 low. Additionally, ETH price broke above a key bearish trend line, marked by resistance at $3,540 on the hourly chart of ETH/USD.
Currently, Ethereum is trading above $3,520 and the 100 hourly simple moving average. Looking ahead, immediate resistance is near $3,600 with the first major hurdle near $3,630. This level is consistent with the 76.4% Fibonacci retracement level of the recent decline from the $3,680 high to $3,459 low.
On the upside, the next major resistance level is $3,680, above which it could open the door for a further rally towards $4,000. On the downside, the first major support level is seen at $3,480, below which it could open a move towards $3,250
#sui #Memecoins #WIF #SHIB #ETH（二饼）
Does it foreshadow anything?
Ethereum (ETH), the world's second-largest cryptocurrency, has staged a strong rally, rising nearly 15% from a low of $3,000 over the past 10 days.
Currently, Ethereum price is up 1.1% to $3,510, giving it a market capitalization of $4,421 billion.
Ethereum whales accumulate massively
In recent insights shared by cryptocurrency analyst Ali Martinez, whale trading volumes involving ETH have surged significantly amid the correction in Ethereum’s price over the past few weeks.
This trend is seen as a bullish indicator, suggesting that Ethereum price may rise in the foreseeable future.
Analysts have been expecting Ethereum price to continue rising towards $4,000 and further hit an all-time high of $5,000 before the end of the year. On the other hand, there are mixed opinions on the approval of spot Ethereum ETFs, with major companies such as Bitwise optimistic about SEC approval in mid-May 2024.
Ethereum started a downward correction and fell below the $3,550 mark. Bullish momentum emerged after a retest of support at $3,450, reminiscent of Bitcoin’s moves. The price formed a low near $3,459 before rebounding.
There was notable progress above the $3,520 resistance. Bulls pushed the price above the 50% Fibonacci retracement level of the downtrend from the $3,680 high to $3,459 low. Additionally, ETH price broke above a key bearish trend line, marked by resistance at $3,540 on the hourly chart of ETH/USD.
Currently, Ethereum is trading above $3,520 and the 100 hourly simple moving average. Looking ahead, immediate resistance is near $3,600 with the first major hurdle near $3,630. This level is consistent with the 76.4% Fibonacci retracement level of the recent decline from the $3,680 high to $3,459 low.
On the upside, the next major resistance level is $3,680, above which it could open the door for a further rally towards $4,000. On the downside, the first major support level is seen at $3,480, below which it could open a move towards $3,250
#sui #Memecoins #WIF #SHIB #ETH（二饼）
Stop profit notice, another wave of god-level predictions
Although the market is not very big, the volatile market is also won by both longs and shorts. At about 2 o'clock this morning, short orders were publicly issued for 71200-71600. The current lowest market has touched 69600, and once again made more than 1,000 points of profit. Ethereum The short order of 3580-3620 was also successfully arranged to get more than 70 points of profit. As early as the early morning, it was prompted to adopt the operation method of selling high and buying low. 3600 suppressed short selling and 3520 supported long. I also made a lot of profits back and forth. The market trend came You must grasp the direction in time, don't be reluctant to go in the wrong direction, and stop the loss in time to make big losses and small losses! For the time being, choose to wait and see for the follow-up market. When the market stabilizes, choose operations. The market is changing rapidly and the market fluctuates rapidly. Personal opinions and suggestions are not real-time and are for reference only. Coin friends who are not sure about the entry point can follow this blogger on the homepage: ETH9908 provides real-time points and directions based on the market situation, #BTC🔥🔥🔥🔥 #ETH（二饼）
Although the market is not very big, the volatile market is also won by both longs and shorts. At about 2 o'clock this morning, short orders were publicly issued for 71200-71600. The current lowest market has touched 69600, and once again made more than 1,000 points of profit. Ethereum The short order of 3580-3620 was also successfully arranged to get more than 70 points of profit. As early as the early morning, it was prompted to adopt the operation method of selling high and buying low. 3600 suppressed short selling and 3520 supported long. I also made a lot of profits back and forth. The market trend came You must grasp the direction in time, don't be reluctant to go in the wrong direction, and stop the loss in time to make big losses and small losses! For the time being, choose to wait and see for the follow-up market. When the market stabilizes, choose operations. The market is changing rapidly and the market fluctuates rapidly. Personal opinions and suggestions are not real-time and are for reference only. Coin friends who are not sure about the entry point can follow this blogger on the homepage: ETH9908 provides real-time points and directions based on the market situation, #BTC🔥🔥🔥🔥 #ETH（二饼）
Pyth Network will provide price feeding service Pyth Price Feeds for the Merlin ecosystem
Pyth Network announced to provide price feed service Pyth Price Feeds for the Merlin ecosystem, which is now available for all developers based on Pyth to use without permission.
#ETH（二饼）
#ETH（二饼）
The main force is now competing with retail investors to see who can hold their urine for the longest time. Neither side wants to let the other take advantage! But I know one thing about common sense. The longer you hold it, the farther you will pee!
Pee holding competition, it’s almost time to pee. We can’t pee first!#BTC #Memecoins #BullorBear #BullorBear #ETH（二饼）
Pee holding competition, it’s almost time to pee. We can’t pee first!#BTC #Memecoins #BullorBear #BullorBear #ETH（二饼）