$3K Ethereum price breakout likely delayed until October
Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024.
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Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024.
Bitcoin’s technical setup and onchain data hint at a short upside recovery in the making.
Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500.
Bitcoin’s response to the CPI report was surprisingly muted.
The last time this whale address bought the dip, was just before Ether rose from $2,100 to $3,100.
Bitcoin still faces significant resistance at $62,000, and if it breaks, it would liquidate over $845 million of leveraged shorts.
Ether could see a significant amount of sell pressure unlock at 8:00 p.m., despite ETH fractals pointing at an imminent breakout.
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.
Nassim Nicholas Taleb says gold still stands apart as a store of value.
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit.
