ETHUSD Analysis

If the Devcon conference fails to reach a consensus on how to fix EIP-8037, leading to the indefinite postponement of Glamsterdam and EIP-7732, ETH prices could suffer a setback and test the $2,000 mark. As this level converges dense trading volume nodes across multiple cycles, an immediate breakdown is unlikely. However, if the Fed's FOMC delivers hawkish signals that trigger a sell-off in global high-beta risk assets, there is a high probability that ETH could drop to test this year's bottom of $1,500.

Binance suffered a major hack with potential losses reaching $2 billion, sparking a wave of panic selling across the cryptocurrency market.

A sell-off by the Foundation triggered selling pressure, causing ETH to fall below the critical $2,300 support level again, with technical indicators suggesting a potential further 13% decline.

The crypto market experienced a rollercoaster ride, as Bitcoin fell back below $82,000 after an initial surge, while Ethereum broke below $2,400.

The crypto market staged a strong rebound, with Bitcoin reclaiming $82,000 and Ethereum breaking above $2,400.

CPI data dealt a heavy blow to the market as renewed rate hike expectations triggered a plunge in cryptocurrencies, resulting in the liquidation of 180,000 crypto traders.

US September CPI came in higher than expected, sending Bitcoin below $83,000 in response. Where is the next line of defense?

The crypto market came under downward pressure, with Bitcoin falling below $83,000 and Ethereum simultaneously losing the $2,500 mark.

Starknet plans to upgrade its L1 mainnet to bolster quantum resistance, spurring a 40% single-day surge in its token STRK and strongly leading the broader market.

Cryptocurrencies came under broad-based pressure and declined, with Bitcoin pulling back for a fourth consecutive session of losses, launching a full-scale battle to defend the $80,000 mark.