Ethereum Price Eyes Breakout as Bitmine Builds Its ETH Stack

The post Crypto’s Relief Rally: Here’s What’s Behind ETH and BTC’s Green Week appeared on BitcoinEthereumNews.com. Key highlights: ETH and BTC performed better than stocks and gold last week Whale wallets bought over 270,000 BTC near the $60,000-$70,000 range Bitcoin ETF outflow streak was also broken with a $221 million inflow Crypto had its best week in months. Bitcoin rose 6.75%, and Ethereum rose 13.54%, easily beating stocks and gold. A new report from crypto trading firm Wintermute breaks down what drove the surge and why some caution is still needed. Wintermute: Weak jobs data and a dovish Fed sparked the rally The rally started with weak U.S. jobs numbers. Only 57,000 jobs were added last week, far below the expected 110,000. It was the weakest report in four months. Unemployment also fell to 4.2%. This weak data reduced the chances that an interest rate hike would happen this year. There were fears that the Federal Reserve was looking into hiking rates sometime this year. Fed

The post KORU pullback reaching blue box area, buyers eye potential turn higher appeared on BitcoinEthereumNews.com. KORU (Direxion Daily MSCI South Korea Bull 3X ETF) delivers 300% daily leveraged exposure to South Korean large‑ and mid‑caps, making it a high‑volatility instrument suited for short‑term tactical trades rather than long‑term investing. Quick instrument snapshot Full name: Direxion Daily MSCI South Korea Bull 3X ETF (KORU). Objective: Targets +300% daily performance of the MSCI Korea 25/50 Index (before fees and expenses). Primary listing: NYSE Arca. KORU – Daily Elliott Wave chart (Update: July 8, 2026) The latest daily chart shows the rally from the April 2025 low ending in wave (I) at $1,284.97. The subsequent wave (II) pullback appears to be unfolding as a zigzag corrective pattern: Wave a ended at $580.00. Wave b bounced to $1,111.00. Wave c is targeting the blue‑box area between $422.65 and $259.92. From that blue‑box zone, buyers may look for a turn higher — eithe

US airstrikes on Iran ended the ceasefire, sending Bitcoin below $62K, Ethereum near $1,700, and Solana down 6.8% as risk-off sentiment gripped all markets. The post Geopolitical shock sends risk assets into retreat as US airstrikes on Iran rattle markets appeared first on Crypto Briefing.

The post ETH at $1,730: Down 65% With Its Biggest Upgrade Weeks Away appeared on BitcoinEthereumNews.com. Ethereum (ETH) trades near $1,730, a level last seen in March 2023, after losing 65% from its August 2025 all-time high. Meanwhile, its biggest upgrade since The Merge is approaching with almost no market attention. On-chain activity remains at bull market levels, yet social interest has collapsed. The technical structure, however, keeps pointing lower as a nine-month downtrend presses the Ethereum price against its last major support. Glamsterdam Becomes the Catalyst Nobody Is Watching The Glamsterdam upgrade will be Ethereum’s first major base-layer throughput overhaul since 2022, changing how the network assembles blocks. Crypto analyst Ted Pillows called it the biggest Ethereum upgrade since The Merge. According to his estimates, the gas limit will rise from about 60 million to 200 million, roughly three times higher. He also projects throughput of up to 10,000 transactions per

The post Ethereum Price Prediction: Bulls Target $1,802 Breakout While Sellers Remain Active appeared on BitcoinEthereumNews.com. ETH holds above the 20-day EMA, but the 50-day EMA remains key resistance ahead. Lower exchange outflows suggest immediate Ethereum selling pressure is easing. Stable open interest signals cautious positioning despite Ethereum’s recovery. Ethereum faces a critical market test as traders evaluate whether the recent recovery can overcome broader bearish conditions. ETH has shown renewed strength after a prolonged decline, but several technical signals suggest the asset still needs stronger confirmation.  The cryptocurrency market faced renewed pressure after Japan’s 10-year government bond yields reached a 30-year high of 2.85%. Consequently, risk assets, including crypto, experienced additional selling pressure. Ethereum slipped alongside Bitcoin and the wider market, yet buyers continue defending important support areas. ETH Struggles Below Key Resistance Le

Bitcoin remains in deep value after five months below key investor cost bases. Long-term holder capitulation is accelerating while ETF flows stay negative. Derivatives have de-risked but the options surface retains a defensive tilt. The bottoming process is advancing, but not yet complete.

The post Crowd Sentiment Flips Bullish As Bitcoin Reclaims $64K—and That’s Usually A Warning appeared on BitcoinEthereumNews.com. Retail traders have changed their minds four times in a single month, and the latest swing is raising eyebrows. Bitcoin’s bounce from $58.1K to the $64.1K area has flipped the crowd’s mood to “higher” again, according to the Santiment update. The speed of the reversal is the story, not the price level itself. In early June participants were calling for lower prices. Mid-June flipped to bullish. Late June turned fearful after the dip. Now they are back to expecting upside. Chart watchers will note that every time the crowd got loud about direction this month, the market did something else. That is the mechanic Santiment is pointing toward—a counter-signal tendency where strongly unanimous social expectations tend to precede reversals or stalls. It does not promise a top, but it does suggest the herd is arriving late to the move. Why the “Lower vs. Higher” Cha

The post Ethereum Price Analysis: Fresh Pullback Pushes ETH Further From $2K appeared on BitcoinEthereumNews.com. Ethereum has been trying to recover from its early June sell-off, but the rebound is getting rejected from a technically significant resistance area. While short-term momentum still remains constructive, both the daily structure and the Coinbase Premium Index suggest buyers still have work to do before confirming a broader trend reversal. Ethereum Price Analysis: The Daily Chart The daily chart shows ETH trading around $1.74K after bouncing from the major demand zone at $1.5K. That area once again attracted buyers and produced a sharp recovery, allowing the asset to attack the $1.85K region once more. Despite the rebound, Ethereum remains below the long-term descending trendline that has capped it since last year. The recovery has also stalled beneath the resistance at $1.85K, which almost aligns with the trendline and represents the first major barrier buyers must overcome