Ethereum Price Slides 10% — Market Sentiment Turns Cautious
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Read MoreKey points:Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open.Bitcoin’s weakness has pulled ETH, XRP, SOL, and HYPE below their respective support levels.Bitcoin (BTC) nosedived below the psychological $100,000 support on Sunday as traders digested the US strike on Iran’s
Read MoreKey takeaways:An Ethereum whale accumulated $39 million in ETH during a sharp market sell-off triggered by US airstrikes on Iran.Ethereum mega-whales added over 116,000 ETH on June 21, signaling strong buy-the-dip sentiment.Technical patterns suggest ETH could rebound 25% toward $2,735 in the short term.A high net worth Ethereum trader has
Read MoreEther (ETH) experienced a sharp flash crash during the 21:00 hour on June 21, falling 7.56% from $2,406 to $2,224, according to CryptoX Research's technical analysis model. The sudden price drop triggered heavy trading activity, with more than 751,000 ETH changing hands—nearly five times the average hourly volume.Despite the
Read MoreSavvy bitcoin and ether traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer.That's the message from an options-based strategy called 25-delta risk reversal, which involves the simultaneous purchase of a put option and sale of a call, or
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