Massive $20K Bull Market For Ethereum Coming, But $1,500 Could Come First: Analysts
The long-term prospects for Ethereum remain bullish, but short-term pain could come first, according to analysts.
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CME launches AVAX and SUI futures, giving institutional traders new crypto tools for hedging, risk management, and diversification. CME launches AVAX and SUI futures for trading, expanding its crypto derivatives range beyond Bitcoin, Ethereum, and Solana. The new contracts are designed for institutional and professional traders seeking listed tools to manage crypto exposure, hedge risk, […] The post CME Launches AVAX And SUI Futures As Crypto Derivatives Offering Expands appeared first on Live Bitcoin News.
Read full articleThe long-term prospects for Ethereum remain bullish, but short-term pain could come first, according to analysts.
David Hoffman says he sold ETH as the "ETH is money" thesis has played out, while staying bullish on Ethereum apps, L2s and stablecoin use.
Ethereum trades near $2,073 as bulls watch $2,500 and $3,100 SMA levels for signs of a stronger trend reversal. Ethereum bulls watch $2,500 and $3,100 SMA levels as key triggers for a possible uptrend. ETH remains near support, while weak momentum keeps pressure on buyers. A reclaim of the 200-week SMA and a break above […] The post Ethereum Bulls Eye $2,500 And $3,100 SMA Breaks To Confirm Uptrend appeared first on Live Bitcoin News.
Ran Neuner says Bitcoin’s chart structure is starting to resemble the breakdown pattern that preceded the 2022 capitulation, with one key difference: this time, he argues, Michael Saylor’s Strategy may be the market’s most important marginal buyer. Speaking with Scott Melker in a May 24 interview, Neuner said Bitcoin is sitting inside a “very scary structure,” pointing to what he described as a bear flag that has failed to resolve higher. His concern is not only technical. It is also tied to whether Strategy can keep raising capital through STRC, a preferred-stock instrument that Neuner believes has become central to Saylor’s ability to buy more Bitcoin. “If history repeats, right, then we should break down or could break down below this,” Neuner said, referring to Bitcoin’s current chart pattern. “I hate saying it because look, I don’t even want to admit it to myself, but I mean definitely it’s going down to the $40ks or $50ks if it happens.” The argument rests on a comparison with 20
Ethereum price started a fresh decline and traded below $2,080. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline. The price is trading below $2,100 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,100 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,120 and started a downside correction, like Bitcoin. ETH price dipped below the $2,110 and $2,100 levels. The price even traded below $2,080. Besides, there was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD. A low was formed at $2,052, and the price is now attempting to recover. There was a recovery wave above the 23.6% Fib retracement level of the downward move from the $2,138 swing high to the $2,052 low.
MicroStrategy's $14B Bitcoin acquisition could stabilize its financial strategy, influencing market confidence and long-term cryptocurrency value. The post Strategy to acquire $14B in Bitcoin, impacting market dynamics appeared first on Crypto Briefing.
Hyperliquid's expansion into Ethereum options could enhance decentralized finance's competitiveness, offering nuanced trading strategies and boosting token economics. The post Hyperliquid introduces native options for Ethereum on its platform appeared first on Crypto Briefing.
Bitmine purchased 111,942 Ether last week, its biggest buy so far in 2026, after the token dropped below $2,200.