ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest.
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ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest.
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Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022.
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Ether could continue dropping against the U.S. dollar in a high interest-rate environment.
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Analysts still expect Ethereum to hold its long-term bullish bias on bets that its highly-anticipated technical upgrade this year will be successful.
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Ethereum Foundation members expect “the merge” to happen before year-end, and savvy options traders will profit using this options strategy.
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The ETH futures premium turned bearish and the network’s TVL dropped 22% from its peak, but how is this impacting pro traders’ sentiment?
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From a Google trends spike to depleting supply, multiple catalysts have been hinting at more upside for Ethereum.
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Nearly $1.61 billion worth of Ethereum tokens has left crypto exchanges year-to-date, ahead of its protocol’s potential full merge to proof-of-stake in summer.
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Ether’s price has been sideways for 27 days, but pro traders are not confident about the $2,500 support, according to derivatives.
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“Post-merge blocks are being produced by validators, and they contain transactions!” said Ethereum developer Tim Beiko.
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