Ethereum's significant inflows highlight its growing dominance and potential to drive broader blockchain adoption and innovation in digital finance.
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Ethereum is gaining momentum, and several technical signals suggest that a significant move could be on the way. With key support levels holding and bullish patterns forming, the market may be setting up for a notable upside. Golden Pocket Rejection: Confirming The High-Risk Scenario In a recent update on X, analyst Luca referenced his recent market commentary, noting that Ethereum price action unfolded exactly as he had anticipated, with the price tapping into the lost high-timeframe support range. This range aligned with the golden pocket between the 0.5 and 0.618 Fibonacci retracement levels, and the price rejected there, confirming the high-risk scenario he had highlighted in advance. Related Reading: Ethereum Coils For A Breakout As IH&S + Heavy Accumulation Emerges Since that rejection, the price has broken below the key 0.618 Fibonacci Point of Interest (POI). However, the asset is still managing to hold above the crucial 1-Day Bull Market Support Band. Luca stressed that this band has historically served as a strong reversal spot over the last couple of months. Thus, he believes the current low-timeframe market structure is not yet fully invalidated. Despite this technical hold, the analyst reiterated his cautious approach, stating that until he sees clear signs of strength on the low-timeframes, signs that can durably confirm the bottom is in and that key support levels are properly reclaimed, he won’t scale out of his edges. Luca concluded that until that concrete bullish confirmation materializes, the most likely outcome for the immediate future remains further consolidation. The market needs time to absorb the recent volatility and build a new base before a more durable reversal to the upside can take hold. ETH/BTC Trendline Breakout: Market Risk Appetite Returns Crypto analyst Paramatik outlined that a major structural event has occurred on the ETH/BTC charts: a falling trend breakout. This is a highly significant development, although Paramatik suggests that a retest of this broken trendline may occur before the upcoming Federal Reserve meeting. Related Reading: Ethereum Is Sitting On Its Most Critical On-Chain Support Level — A Rally Emerging? The analyst provided clarity on what this breakout means for the broader market. First and foremost, this situation is interpreted as a strengthening signal for Ethereum. When ETH begins to gain value relative to Bitcoin, it typically indicates that the market’s overall risk appetite is returning, as investors shift capital from BTC to ETH. Secondly, the gained strength in Ethereum is often the key trigger for the start of the much-anticipated altcoin season. This is because investors first shift funds from BTC to ETH, and then move capital into the riskier, smaller altcoins in hopes of achieving higher returns. Paramatik summarized his findings by stating that this breakout in the ETH/BTC pair is not merely a technical line break; it is a harbinger of a market direction change. The analyst concluded with an analogy that the market has reached a state where every external event, even humorously irrelevant ones, could affect crypto prices. Featured image from Freepik, chart from Tradingview.com
Industry leader Tom Lee has shared how the Ethereum price could reach $12,000 within the next few months. He based his prediction on the Bitcoin price action and how ETH could match the flagship crypto on a potential run to the upside. Tom Lee Explains How The Ethereum Price Could Rally To $12,000 Speaking at the Binance Blockchain Week, Tom Lee predicted that the Ethereum price could reach $12,000 as Bitcoin rallies to $250,000 within the next few months. He explained that ETH can reach the $12,000 target if the ETH/BTC ratio returns to its eight-year average of 0.0479. Lee described this potential rally to $12,000 as a “huge move.” Related Reading: Ethereum Price To Recover Or Crash? The Real ‘Leverage Point’ Investors Should Know About Tom Lee further predicted that the Ethereum price could reach $22,000 if the ETH/BTC ratio gets to its 2021 high of 0.0873. He added that he believes Ethereum will become the future of finance and the payment rails. As such, Lee predicted that the ETH/BTC ratio could reach 0.2500, sparking an Ethereum rally to as high as $62,500. In line with this, the expert declared that ETH at $3,000 is “grossly undervalued.” Tom Lee also remarked that the bigger the base, the bigger the breakout for the Ethereum price. He noted that ETH spent years building a similar base to its current price action before the move from $90 to its previous all-time high (ATH) of $4,866. The expert added that if the pattern plays out again, the next leg could be larger than what people expect. It is worth noting that Tom Lee is the chairman of BitMine, which is the largest Ethereum treasury company. According to Strategic ETH Reserve data, the company currently holds 3.73 million ETH, which is just over 3% of the altcoin’s total supply. Lee remains bullish on the Ethereum price, despite his company holding an unrealized loss of $3.3 billion of their ETH investment. A Rally To $62,000 Is “Ambitious” Market commentator Milk Road described Tom Lee’s Ethereum price prediction of $62,000 in a few months as being ambitious. The platform stated that an ETH/BTC ratio of 0.25 has never happened. The highest it has ever gone is 0.15, and that was during the 2017 supercycle, which makes it less likely now, given that market conditions have changed. Related Reading: When Will Bitcoin, Ethereum, And Dogecoin Go Into A Bear Market? Tom Lee had based his Ethereum prediction on Bitcoin hitting $250,000, which Milk Road also described as an issue. The market commentator noted that BTC would need to surge 177% from current prices to reach this target. The last time this happened was in 2020 when it surged from $7,000 to $19,000 during the “peak mania.” Notably, BTC didn’t record a 100% gain even when the Bitcoin ETFs launched last year. At the time of writing, the Ethereum price is trading at around $3,000, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
Ethereum co-founder Vitalik Buterin has proposed creating a trustless on-chain gas futures market to reduce uncertainty around future transaction fees. He noted that although current fees are low, their future movement remains unpredictable. According to Buterin, such a system would offer clearer market insights, let users hedge against potential spikes, and allow prepayment for gas …
Founded in 2020, Polymarket is now reportedly courting a valuation of up to $15 billion amid a breakout year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum (ETH) price has finally shown its first real sign of strength in months. The ETH/BTC pair has broken above a 3.5-month descending trendline—a level that has consistently blocked Ethereum’s relative performance since early September. While this move has triggered fresh optimism across the market, calling it an “altcoin season trigger” would be premature. The …
WisdomTree introduced an Ethereum-based fund in Europe that earns staking rewards using the decentralized Lido protocol.
Ethereum is holding firmly above the $3,150 level as the market shifts into a more bullish phase after enduring weeks of heavy selling pressure and fear-driven liquidation. The recovery has sparked debate among analysts: some view the bounce as nothing more than a relief rally within a broader bearish trend, while others believe Ethereum may be building the foundation for a more sustained rebound. Related Reading: XRP On-Chain Velocity Hits Yearly High As Network Activity Explodes A new CryptoQuant report offers one of the clearest insights. According to Ethereum data on Binance, the past several weeks have shown heightened volatility in the Cumulative Volume Delta (CVD) — a metric that tracks real-time buying and selling pressure. This volatility reflects sharp, rapid shifts in trader behavior as the market attempts to stabilize. Although Ethereum remains in a downtrend from its August peak, recent CVD spikes point to the return of notable buying activity. However, the report emphasizes that these bursts of demand are sporadic and lack the sustained strength needed to confirm a full bullish reversal. CVD Volatility Highlights Ongoing Battle Between Buyers and Sellers According to the Arab Chain report, Ethereum’s CVD recently turned positive, coinciding with the price’s attempt to stabilize above the $3,100 level. This shift indicates fresh liquidity entering the market through short-term buy orders, suggesting that some traders are stepping in to accumulate during dips. However, the sudden spikes and rapid pullbacks within the CVD reveal that the market remains locked in a strong tug-of-war between buyers and sellers. This volatility underscores the fact that Ethereum has not yet reached either temporal stability or a clear structural trend. The report also highlights the importance of the 30-day correlation between price and CVD, which has held steady at around 0.6 despite lower price levels. This relatively high reading shows that liquidity flows continue to influence Ethereum’s price direction in a meaningful and consistent way. Even though buying pressure appears irregular, its recurring impact on price suggests that traders are still actively responding to market conditions. Overall, this pattern reflects investors attempting to capitalize on volatility, especially as anticipation grows around potential liquidity inflows tied to upcoming network upgrades. Yet, Arab Chain stresses that without a more sustained accumulation phase and reduced short-term selling, Ethereum may struggle to generate a decisive upward movement. Related Reading: Ethereum NUPL Holds Steady, Signaling Market Balance Amid Volatility Ethereum Attempts a Recovery but Faces Key Resistance Ethereum’s latest price action shows a cautious recovery as ETH climbs back above the $3,150 level, but the chart reveals that the broader structure remains fragile. After a steep decline from the October highs near $4,500, ETH found support slightly above $2,700, where buyers stepped back in with increased volume—visible in the recent surge of green candles at the bottom of the chart. This reaction suggests renewed interest at lower levels, but not yet a decisive shift in trend. The price is now pressing against the 100-day SMA (red line), a level that previously acted as support and has now flipped into resistance. Reclaiming this line would be an important step toward restoring bullish momentum. Above it, ETH faces another barrier at the 50-day SMA (blue line), which continues to slope downward, reflecting ongoing medium-term selling pressure. Related Reading: Bitmine Buys Another 18,345 Ethereum ($54.94M) In Fresh Accumulation Push – Details Despite the rebound, volume remains inconsistent, indicating hesitation among market participants. ETH will need stronger follow-through buying to challenge the next resistance zone around $3,300–$3,350, a region aligned with previous breakdown levels. Featured image from ChatGPT, chart from TradingView.com
Ethereum has climbed back above $3,200 after falling below $2,700 in November, and this quick rebound has lifted overall market sentiment. The recent Fuska upgrade made the network faster and cheaper to use, boosting activity and encouraging larger holders to accumulate again. Traders now view $3,000 as a solid support level, and the tone around …
As institutional demand intensifies and the crypto market recovers, US spot XRP Exchange-Traded Funds (ETFs) continue to lead the sector with a 13-day streak and over $200 million in positive net flows this week, outshining Solana (SOL) ETFs, which recorded their third day of outflows in seven days. Related Reading: Bitcoin (BTC) Price In A ‘Vulnerable Technical Environment’ – Key Levels To Watch XRP Funds Lead Crypto ETF Inflows Spot XRP exchange-traded funds have extended their record-breaking streak after registering their thirteenth consecutive day of positive net flows, with $50.27 million in inflows on December 3. The investment products have seen a remarkable performance since the launch of Canary Capital’s XRPC, the first single-token XRP spot ETF, on November 13, positioning the funds as the fastest-growing altcoin-based category. Notably, XRPC surpassed all initial expectations and debuted on Nasdaq with a total volume of $58 million, recording around $357.54 million in positive net flows in 13 days. Last week, the second group of XRP funds went live, becoming the largest US ETF launches of 2025 with over $60 million in net inflows each during their first day. Moreover, the category, led by Grayscale’s GXRP and Franklin Templeton’s XRPZ, surpassed other major ETFs in single-day inflows, including those based on the largest cryptocurrencies by market capitalization, Solana, Bitcoin (BTC), and Ether (ETH). Amid this week’s market recovery, XRP ETFs saw $89.65 million on Monday, $67.7 million the following day, and an additional $50.27 million on Wednesday, for a cumulative net inflow of $207.66 million during the first three days of December. As a result, the leading category surpassed both Bitcoin ETFs’ $52.4 million and Ethereum ETFs’ $51.3 million positive net flows, respectively, during the same three-day period. With a total of $874.28 million in inflows in 13 days, spot XRP ETFs have surpassed the $618.62 million total inflows of SOL ETFs, which held the record among the second wave of altcoin-based investment products. Solana ETFs Demand Loses Steam While XRP ETFs take the spotlight, Solana funds’ momentum has slowed, seeing their largest days of outflows this week. According to SoSovalue data, the investment products recorded $32.9 million in outflows on December 3, marking their third negative net flows day since the category debuted on October 28. Despite pulling out positive net flows, Bitwise’s BSOL, Fidelity’s FSOL, and Grayscale’s GSOL were unable to absorb 21Shares’ TSOL $41.8 million in outflows. This performance also marks the fourth negative day for TSOL over the past week. As reported by NewsBTC, Solana ETFs experienced a record performance in November despite the market correction, with $613 million in inflows during their 22 consecutive day positive streak. Related Reading: Solana Eyes Major Resistance After $140 Reclaim, But Analyst Questions SOL’s Strength However, the remarkable streak ended a week ago when TSOL registered negative net flows for the first time, and the category was unable to absorb them, recording outflows of $8.1 million. SOL-based investment products started December with outflows worth $13.5 million, which were followed by strong inflows worth $45.77 million on Tuesday. On December 3, the funds registered $32.19 million in outflows, amounting to a negative net flow of $700,000 for the first half of the week, despite the altcoin’s recent price recovery. Featured Image from Unsplash.com, Chart from TradingView.com
BitMine's aggressive ETH acquisition strategy could significantly influence Ethereum's market dynamics and its role in future financial systems.
The post Tom Lee’s BitMine may have scooped up another 41,946 ETH appeared first on Crypto Briefing.
Ethereum price started a fresh increase above $3,200. ETH is now consolidating gains and might aim for more gains above $3,250. Ethereum started a fresh increase above the $3,050 and $3,120 levels. The price is trading above $3,120 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $3,130 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,240 zone. Ethereum Price Eyes Another Upside Break Ethereum price managed to stay above $2,920 and started a fresh increase, like Bitcoin. ETH price gained strength for a move above the $3,000 and $3,050 resistance levels. The bulls even pumped the price above $3,150. However, the bulls struggled to clear $3,240 and $3,250. A high was formed at $3,239 and the price recently corrected some gains. There was a spike below the 23.6% Fib retracement level of the recent move from the $2,718 swing low to the $3,239 low. Ethereum price is now trading above $3,120 and the 100-hourly Simple Moving Average. There is also a short-term contracting triangle forming with support at $3,130 on the hourly chart of ETH/USD. If there is another upward move, the price could face resistance near the $3,200 level. The next key resistance is near the $3,240 level. The first major resistance is near the $3,250 level. A clear move above the $3,250 resistance might send the price toward the $3,320 resistance. An upside break above the $3,320 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $3,240 resistance, it could start a fresh decline. Initial support on the downside is near the $3,120 level. The first major support sits near the $3,050 zone. A clear move below the $3,050 support might push the price toward the $3,000 support. Any more losses might send the price toward the $2,980 region and the 50% Fib retracement level of the recent move from the $2,718 swing low to the $3,239 low in the near term. The next key support sits at $2,850 and $2,840. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,130 Major Resistance Level – $3,240
Ethereum is approaching a critical moment as multiple bullish signals begin to align. A clear Inverse Head & Shoulders formation, combined with rising accumulation and weakening trend rejection, suggests that the market may be gearing up for a powerful upside move. With momentum tightening and key levels coming into focus, ETH now stands on the verge of a breakout that could set the stage for its next major rally. Inverse Head And Shoulders Signals Brewing Momentum According to a recent update shared by crypto analyst Donald Dean, Ethereum may be gearing up for a significant move. He highlighted the development of a potential inverse head and shoulders pattern, a classic bullish reversal formation that often precedes strong upward momentum. This emerging structure suggests that ETH could soon shift into a more aggressive bullish phase if confirmed. Related Reading: Ethereum Rockets Higher, Narrowing Distance to a Make-or-Break Resistance Line Dean also pointed out that the weekly chart is showing solid support near the 50% Fibonacci retracement level, positioned around $2,750. Adding to the bullish signals, a hammer candle has appeared on the weekly timeframe, hinting at buying pressure stepping back in after recent downside movement. If the pattern plays out, Dean noted that Ethereum’s first major target lies at $4,109, a level that would allow ETH to challenge previous resistance/support zones. Reclaiming this region would mark a meaningful shift in momentum and strengthen the bullish outlook for the asset. Beyond that, the next upside target sits near $5,766, which aligns closely with the 1.618 Golden Ratio extension calculated at approximately $5,793.51. Dean described this confluence as particularly noteworthy, suggesting that if Ethereum breaks above its nearer targets, a larger rally toward this golden-ratio level becomes a realistic possibility. Growing Accumulation Suggests Bulls Are Preparing For Action In an earlier analysis, LSTRADER reminded followers of the impressive move from $1,600 to $4,800, noting that this surge had been identified in advance through both the ETH chart and the ETH/BTC setup. The analysis captured the momentum shift that preceded the rally, reinforcing the value of tracking key structural signals. Related Reading: Ethereum Open Interest Cut In Half As $6.4B In Positions Vanish: Market Reset Accelerates In the current market structure, LSTRADER noted that the chart clearly shows multiple instances where the trend faced rejection. Despite these rejections, the trend is steadily losing strength while accumulation continues to build, a combination that typically reflects growing bullish interest and the potential for an upward breakout. However, LSTRADER stressed that no major move should be assumed until the trendline itself is broken, and confirmation is still required. For now, patience is key as traders continue monitoring the structure and waiting for a decisive shift in trend direction. Featured image from Freepik, chart from Tradingview.com
Ethereum has witnessed a recovery surge recently as on-chain data shows the shark-sized investors have been participating in strong buying. Ethereum Sharks Have Added 450,000 ETH Since Mid-November According to data from on-chain analytics firm Santiment, the supply of the Ethereum sharks has gone up recently. The indicator of relevance here is the “Supply Distribution,” measuring the total amount of tokens that a given wallet group as a whole is holding right now. Related Reading: Next Key XRP Level Could Be $1.2 If Current Support Fails, Says Analyst In the context of the current topic, the cohort of focus is the one corresponding to a coin range of 1,000 to 10,000 ETH. At the current exchange rate, the lower bound of the range roughly converts to $3.2 million and the upper one to $32 million. Investors of this large size are popularly known as the sharks. While not as massive as the whales (addresses with more than 10,000 ETH), the sharks are still considered influential entities. This can make their behavior often worth keeping an eye on. As the chart below, shared by Santiment, suggests, the latest Ethereum shark behavior has been one of accumulation. During the November price decline, the Supply Distribution had been going down for the Ethereum sharks, but around the time of the market bottom, its trend began to reverse. Between November 18th and December 2nd, the sharks added a total of 450,000 ETH (worth about $1.4 billion) to their wallets, a massive amount. Alongside this sharp uptick in the metric, ETH went through its price recovery. The cryptocurrency’s sharp retrace to start December didn’t dissuade these large hands, either, as their supply only continued to rise. This may be one of the factors behind the quick resumption of bullish momentum that the asset has seen. Another bullish factor has been the trend in the Network Growth, another on-chain indicator displayed in the chart. This metric measures the daily number of addresses that are coming online on the Ethereum network for the first time. A wallet is considered “online” when it participates in transaction activity on the blockchain, so the Network Growth essentially tracks the addresses making their very first transfer. From the graph, it’s visible that this Ethereum metric has also surged recently, hitting a peak value of 190,000 addresses. Generally, a surge in network activity is usually a positive sign for any rally’s sustainability, as it implies that the network is able to attract fresh attention. Related Reading: Bitcoin Blasts To $92,000, Liquidating $182 Million In Shorts That said, too much attention too fast can actually end up having a negative effect on the cryptocurrency. It now remains to be seen whether the sharks will continue to buy in the near future and if investor FOMO will remain at healthy levels. ETH Price At the time of writing, Ethereum is floating around $3,185, up more than 5% over the last seven days. Featured image from Dall-E, Santiment.net, chart from TradingView.com
In the volatile theatre of the cryptocurrency market, Bitcoin, Ethereum, and Solana are showing signs of a potential high-time-frame reversal. After weeks of stress and price compression, each of the top assets is now stabilizing at key structural support levels. The multiple leading cryptocurrencies are flashing similar recovery setups at the same time. The current crypto landscape may be setting up one of the most powerful high-time-frame reversals across Bitcoin, Ethereum, and Solana. An investor and trader known as MacroCRG on X highlighted that yesterday, all three assets printed a bullish engulfing candle, a strong signal that buyers are stepping back in with intent. Market Leaders Hint At A Shift Before Smaller Assets Follow On the weekly chart, each asset is showing the early stages of an inside-week breakout paired with a false breakdown. MacroCRG pointed out that a similar structure on the ES (S&P 500 futures) chart from April, where the breakdown of inside-week structure led to a breakout that never looked back when the bull secured the weekly close. Related Reading: Institutions Exit Bitcoin In Large Tranches, Ethereum, Solana And XRP See Massive Buy-Ins For this setup to take hold, these prices need to close the week above the key highlighted highs on the chart. However, there’s still a long way to go before the weekly close will confirm the breakout, and the bulls need to follow through with conviction and remove any doubt. The founder of the ProMintClub investment community, ProMint, has spotted a high-conviction whale trader aggressively building long positions across the crypto market. Currently, the trader is leading the Lighter leaderboard with over $64 million in profit and loss, while maintaining an 83% long bias. His Lighter account has the highest profit and loss with over $8 million. These are insane numbers compared to everyone else on the leaderboard. Data shows that the trader has made five deposits into his Lighter account, which total around $6 million in capital. His positions are spread across BTC, ETH, SOL, AAVE, along with smaller plays such as PAXG and PUMP, consistently entering at strong timing points and riding momentum higher. Even though funding costs have flipped heavily negative, he is not backing down. Presently, this is the top-performing account on Lighter, and this is serious capital deployed with conviction. How Increased Partners Drive Sustained Volume Demand According to Chainflip Labs, November marked one of the strongest performance months in the protocol’s history, clearing over $583 million in swap volume, which is the second-best month ever for the network. Related Reading: You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control? Demand remained sustained across BTC, ETH, and SOL routes, and more partners are routing flow through the network than ever before. The trend clearly shows that Chainflip will continue to scale. Featured image from iStock, chart from Tradingview.com
Ethereum is demonstrating notable relative strength after reclaiming the $3,150 level and attempting to push higher, offering a refreshing shift in sentiment following weeks of intense selling pressure, fear, and market-wide uncertainty. As the broader crypto landscape begins to stabilize, ETH stands out as one of the assets showing early signs of recovery, drawing renewed attention from traders and long-term investors alike. Related Reading: Tron Hits $80.2B Stablecoin Milestone After Tether Mints 1B USDT On The Network A key factor supporting this shift is the Net Unrealized Profit/Loss (NUPL) reading for Ethereum on Binance, which is currently sitting around 0.22 while price trades near $3,100. This level reflects a delicate equilibrium between fear and optimism, indicating that a significant portion of ETH holders remain in moderate profit. Importantly, NUPL has not yet moved into the “greed” zone typically seen in the late stages of a bullish cycle, suggesting that the market is far from overheated. Instead, Ethereum appears to be transitioning into a more neutral, constructive phase where investors are cautiously optimistic but not excessively euphoric. This balance often forms the foundation for a healthier recovery, especially after a deep correction. If momentum continues building and NUPL remains stable or trends higher, ETH could be positioning itself for a stronger upside move in the coming weeks. NUPL Signals a Transitional Market Phase Arab Chain notes that Ethereum’s NUPL index experienced a significant rise between June and August, reaching levels far higher than today and reflecting strong profitability across the network during mid-2025. At that time, investor sentiment leaned toward optimism, supported by rising prices and improving macro conditions. However, as Ethereum’s price began to decline steadily from October onward, unrealized profits started to shrink. This pushed NUPL down toward more neutral territory, signaling a shift in sentiment from elevated optimism to a more grounded, cautious outlook. Crucially, NUPL has not fallen into negative territory, meaning the average ETH holder has not transitioned into unrealized losses. This is an important sign of underlying market strength. When investors remain in profit, they tend to be less motivated to sell aggressively at lower prices, reducing the risk of panic-driven capitulation and helping stabilize price action during corrections. Taken together, these signals indicate that Ethereum is currently in a transitional phase. The market is neither euphoric nor fearful—rather, it is waiting for a decisive catalyst to define the next trend. As long as NUPL stays above 0.20, Ethereum retains a meaningful level of investor confidence, increasing the likelihood of a rebound if liquidity strengthens or positive fundamental developments emerge. Related Reading: Bitmine Buys Another 18,345 Ethereum ($54.94M) In Fresh Accumulation Push – Details ETH Rebounds Strongly on the Weekly Chart Ethereum’s weekly chart shows a powerful rebound as price surges back above the $3,150–$3,200 region, reclaiming a critical support band that had turned into resistance during the November sell-off. The long lower wick from last week’s candle confirms strong buy-side interest around the $2,700–$2,800 zone, an area that has historically acted as a major demand region during multi-month corrections. ETH has now reclaimed the 100-week SMA, a key trend indicator currently positioned near $2,900, signaling renewed structural stability. The 200-week SMA, sitting comfortably lower, continues to reinforce the long-term uptrend. However, the 50-week SMA, which has flattened and now looms around the $3,350–$3,400 level, represents the next significant resistance level. ETH will need a decisive weekly close above this moving average to confirm a true shift back into bullish momentum. Related Reading: Ethereum Open Interest Cut In Half As $6.4B In Positions Vanish: Market Reset Accelerates Volume on the rebound is notably stronger than in previous consolidation phases, suggesting increased participation and growing confidence among market participants. However, ETH is not yet in the clear. The series of lower highs since the September peak forms a descending structure that must be broken for a sustained uptrend to resume. Featured image from ChatGPT, chart from TradingView.com
Ethereum (ETH) is topping talks once again as its Fusaka upgrade goes live and the ETH price returns firmly above the $3,200 mark. After weeks of choppy trading and lingering fear across the broader crypto market, the combination of a major technical overhaul and rising on-chain activity is giving traders a fresh narrative to follow. Related Reading: Eric Trump Says Bitcoin Could Hit $500,000, Stands By ABTC Strategy In the last 24 hours, ETH has climbed around 4–5%, outperforming most large-cap cryptos and reclaiming a key psychological zone near $3,200. Market data shows rising volumes and a noticeable pickup in accumulation from larger holders, even as sentiment indicators still sit in “Fear” territory. ETH's price trends to the downside, but records some gains on the daily chart. Source: ETHUSD on Tradingview Fusaka Upgrade Shifts Focus Back to Ethereum’s Scaling Roadmap The Fusaka upgrade, Ethereum’s second major network update of 2025, activated at block height 18,200,000. At its core is PeerDAS, a data availability sampling system that lets nodes store only slices of blob data instead of entire payloads. This change is estimated to expand blob throughput by roughly eight times, easing congestion and helping layer-2 networks push more transactions through Ethereum’s base layer. Developers describe Fusaka as another step in Ethereum’s long-term scaling roadmap, aligning the main chain with growing layer-2 activity. Beyond PeerDAS, the upgrade bundles a series of Ethereum Improvement Proposals that tweak gas limits, transaction sizes, cryptographic support, and block configuration, aiming to improve efficiency while keeping validator requirements manageable. Whales, ETFs and Technical Signals Cluster Around $3,500 On-chain data shows “shark” wallets holding between 1,000 and 10,000 ETH have ramped up accumulation in recent weeks, buying aggressively on dips around $2,700–$3,000. Institutional interest also appears to be rising. BitMine has reportedly added more than 18,000 ETH to its treasury ahead of Fusaka, while U.S. spot Ethereum ETFs have recorded notable net inflows. Technically, ETH is trading around $3,200 with analysts watching resistance between $3,300 and $3,500. Short-term models project a move toward roughly $3,537 within days, implying upside of about 10% if the current trend holds. However, indicators remain mixed. The broader setup is still labelled “bearish,” and any pullback could see ETH retesting support around $3,100, $3,000, or even the $2,850 zone. Related Reading: XRP Price Is Performing As Expected; Analyst Reveals What Comes Next For now, the Fusaka upgrade has shifted the conversation back to fundamentals, with Ethereum’s price action testing whether renewed confidence is enough to carry it through the $3,500 barrier. Cover image from ChatGPT, ETHUSD chart from Tradingview
Popular Ethereum Layer 2 Base will now support Solana-based assets natively, and enable the export of Base assets onto Solana.
Ethereum completed its Fusaka upgrade on Dec. 3, marking one of the network’s most essential steps toward long-term scalability. The upgrade builds on a series of changes since the 2022 Merge and follows the earlier Dencun and Pectra releases, which lowered Layer 2 fees and increased blob capacity. Fusaka goes further by restructuring how Ethereum […]
The post Ethereum prepares a controversial 2026 overhaul that will forcibly strip power from the network’s most dominant players appeared first on CryptoSlate.
Lighter also recently rolled out equities perp trading, starting with COIN and HOOD, and expanded foreign exchange offerings.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum’s new Fusaka upgrade has delivered an important fix that many users did not even realize was needed. The upgrade changes how blob fees work, and it ends a problem that kept blob costs near zero for months. Since the Dencun update, the blob base fee has been stuck at 1 wei, which is almost …
The crypto markets are recovering from the latest price crash that was caused by massive liquidations and a drop in buying pressure. Although the bears held a tight grip over the rally, the Ethereum price hovered around the psychological barrier at $3000, which held the confidence of the market participants. On the other hand, the …
Ethereum price started a fresh increase above $3,120. ETH is now attempting to clear the $3,250 resistance and might accelerate higher. Ethereum started a fresh increase above the $3,000 and $3,120 levels. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,250 zone. Ethereum Price Eyes More Gains Ethereum price managed to stay above $2,880 and started a fresh increase, like Bitcoin. ETH price gained strength for a move above the $2,950 and $3,000 resistance levels. The bulls even pumped the price above $3,120. However, the price is now testing a key barrier at $3,250. A high was formed at $3,239 and the price is now consolidating above the 23.6% Fib retracement level of the recent move from the $2,718 swing low to the $3,239 low. Ethereum price is now trading above $3,150 and the 100-hourly Simple Moving Average. If there is another upward move, the price could face resistance near the $3,250 level. The next key resistance is near the $3,265 level. The first major resistance is near the $3,320 level. A clear move above the $3,320 resistance might send the price toward the $3,450 resistance. An upside break above the $3,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,500 resistance zone or even $3,540 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $3,250 resistance, it could start a fresh decline. Initial support on the downside is near the $3,160 level. The first major support sits near the $3,120 zone and the trend line. A clear move below the $3,120 support might push the price toward the $3,050 support. Any more losses might send the price toward the $2,980 region and the 50% Fib retracement level of the recent move from the $2,718 swing low to the $3,239 low in the near term. The next key support sits at $2,920 and $2,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,120 Major Resistance Level – $3,250
Consensys said Ethereum researchers are now looking to “roll out hard forks on an accelerated twice-a-year cadence."
Ethereum (ETH) price has signaled a potential market reversal ahead. The large-cap altcoin, with a fully diluted valuation of about $377 billion, rallied 4% during the past 24 hours to trade above a crucial midterm supply level around $3,082. In the four-hour timeframe, the ETH/USD pair will have formed a potential higher low, after consistently …
Sui (SUI) is drawing renewed market attention after staging one of its strongest breakouts in months, rising sharply at a time when most large-cap altcoins remain range-bound. Related Reading: Bitcoin And The 2026 Fed Shift: Expert Says Markets Aren’t Ready The latest 31% surge was triggered by a series of developments that converged within days, most notably Coinbase’s approval to offer SUI trading to New York residents, a move that places the token inside one of the most heavily regulated crypto markets in the U.S. The rally also arrived immediately after one of the largest token unlocks of the month, an event that would normally dampen prices but instead saw buyers step in with force. SUI's price trends to the upside following a steep decline as seen on the daily chart. Source: SUIUSD on Tradingview New York Listing Boosts Liquidity and Institutional Demand SUI surged between 25% and 32% over the past 24 hours after Coinbase confirmed that New York residents can now buy and trade the token across its web and mobile platforms. The approval extends SUI’s reach into one of the most tightly regulated U.S. markets, strengthening its profile as a compliant layer-1 network and increasing accessibility for institutional investors. The listing comes at a notable time. On December 1, SUI unlocked approximately $82–86 million worth of tokens, increasing circulating supply by more than 0.5%. Large unlocks typically pressure prices, but SUI moved higher instead, signaling strong demand absorption. Trading volume has more than doubled, hitting roughly $1.5 billion, levels analysts say indicate genuine accumulation rather than short-lived speculation. The launch of USDsui, a fiat-backed stablecoin designed for payments and DeFi use across the Sui ecosystem, also contributed to renewed interest. Combined with Coinbase’s expansion, these developments have strengthened confidence in Sui’s broader market positioning. SUI Technical Indicators Point to Momentum Shift Price action shows that SUI recently rebounded from November’s lows near $1.12, climbing above the $1.60 support zone. Indicators such as RSI and MACD now suggest easing selling pressure and a potential shift in short-term momentum. Analysts note that breaking above the mid-Bollinger Band near $1.90 would confirm a broader trend reversal. SUI has also moved above the Keltner mid-band for the first time in weeks, with volume delta readings showing strong spot-market buying. The next major resistance sits between $1.80 and $1.95, followed by a wider zone extending to $2.30. A decisive close above $1.92 is viewed as critical for invalidating November’s downtrend. Rally Depends on Volume Holding Market watchers say the current rally hinges on sustained demand. If daily volume remains above $1.5 billion and price holds the $1.60–$1.67 support zone, institutional participation could continue to push the token higher toward the $1.90 level. Related Reading: $93K And Climbing: Analysts Say Bitcoin’s Push To $100K Has Begun However, weakening volume or a drop below $1.48 may signal that SUI has formed a local top. For now, sentiment remains constructive as the token benefits from increased U.S. accessibility, improving technical signals, and expanding ecosystem activity. Cover image from ChatGPT, SUIUSD chart from Tradingview
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum has reclaimed the $3,000 level after a strong market reaction to improving macro conditions, offering investors a much-needed shift in momentum. The move comes just days after the Federal Reserve officially ended Quantitative Tightening (QT), a policy shift that immediately boosted liquidity expectations across all risk assets. With markets now pricing in an imminent interest rate cut, confidence has begun to return, and ETH is one of the first major assets to respond. Related Reading: Bitcoin Liquidation Dominance Hits Multi-Year High: The Real Cause Behind BTC’s Breakdown This rebound reflects more than just macro relief. According to data from Arkham, shared by Lookonchain, Bitmine continues to accumulate Ethereum at current prices, reinforcing bullish sentiment at a moment when many traders remain cautious. Bitmine’s persistent buying throughout the correction has become one of the most influential signals for on-chain analysts, suggesting that large players see long-term value even as the market wrestles with volatility. Reclaiming $3,000 places Ethereum back above a key psychological level, and the combination of supportive macro policy and whale accumulation provides a stronger foundation than the market had just weeks ago. Bitmine and Linked Wallets Expand Ethereum Holdings According to data from Arkham reported by Lookonchain, Bitmine has purchased another 18,345 ETH, worth approximately $54.94 million, just a few hours ago. This marks yet another large buy in a growing series of aggressive accumulation moves that Bitmine has made throughout the correction. Their continued willingness to buy at current levels signals strong confidence in Ethereum’s long-term value, even as the market navigates heightened volatility. Shortly after this report, Lookonchain highlighted activity from a newly created wallet, 0x52B7, which withdrew 30,278 ETH—valued at $91.16 million—from Kraken. The size and timing of the withdrawal have led analysts to speculate that this wallet may be linked to Bitmine or part of a broader accumulation strategy. Large withdrawals from exchanges typically indicate that the owner intends to hold the assets off-exchange, often for long-term storage or staking, rather than preparing to sell. If the wallet is indeed connected to Bitmine, this would bring their latest combined accumulation to nearly 50,000 ETH in a single day. Such behavior suggests strategic positioning ahead of potential macro-driven upside or internal confidence in Ethereum’s recovery. This kind of synchronized whale activity often precedes significant price shifts, reinforcing the idea that large players are preparing for a stronger market phase. Related Reading: Ethereum Open Interest Cut In Half As $6.4B In Positions Vanish: Market Reset Accelerates ETH Reclaims $3,000 But Still Faces Key Resistance Ethereum’s 3-day chart shows a notable improvement after reclaiming the $3,000 level, but the broader trend still carries signs of fragility. The recent bounce followed a deep corrective move that sent ETH from the $4,500 region down to the $2,700–$2,800 support zone, where buyers finally stepped in with conviction. The strong lower wicks around this area confirm that demand remains active, but Ethereum has yet to fully recover its bullish structure. Price now trades just below the 50 SMA, which sits near the $3,100–$3,150 zone—an important short-term resistance level. A clean break above this moving average would signal renewed momentum and increase the chances of retesting the $3,400–$3,600 range. Meanwhile, the 100 SMA and 200 SMA remain slightly above price, reflecting the broader downtrend that has dominated since September. Related Reading: Bitcoin Flashes Largest Hidden-Buying Spike of the Cycle Despite Losing $90K Level Volume has picked up slightly during the recovery, but it remains muted compared to the selling spikes seen during the drawdown. This indicates cautious buying rather than aggressive accumulation at these levels. To confirm a trend reversal, ETH must close above the 50 SMA and then challenge the cluster of resistance around $3,200–$3,300. Featured image from ChatGPT, chart from TradingView.com