Sunday, June 1, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    Courtyard Tops Sales, Doodles Leads in Growth

    Courtyard Tops Sales, Doodles Leads in Growth

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

  • Gaming
    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    The Biggest Shutdowns So Far in 2025

    The Biggest Shutdowns So Far in 2025

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    Blockchain And Crypto Are Future of Online Gambling

    Blockchain And Crypto Are Future of Online Gambling

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    Why GamStop Players Try Competitive Gaming

    Why GamStop Players Try Competitive Gaming

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    The Main Differences Between Crypto Exchanges

    What Is a DEX? How DEXs Work and Why They Matter

    What Is Blockchain? Blockchain Technology Explained for Beginners

    What Is Blockchain? Blockchain Technology Explained for Beginners

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    Courtyard Tops Sales, Doodles Leads in Growth

    Courtyard Tops Sales, Doodles Leads in Growth

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

  • Gaming
    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    The Biggest Shutdowns So Far in 2025

    The Biggest Shutdowns So Far in 2025

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    Blockchain And Crypto Are Future of Online Gambling

    Blockchain And Crypto Are Future of Online Gambling

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    Why GamStop Players Try Competitive Gaming

    Why GamStop Players Try Competitive Gaming

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    The Main Differences Between Crypto Exchanges

    What Is a DEX? How DEXs Work and Why They Matter

    What Is Blockchain? Blockchain Technology Explained for Beginners

    What Is Blockchain? Blockchain Technology Explained for Beginners

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Ethereum

Ethereum rally: Will $3.5K support trigger a recovery for ETH? 

December 11, 2024
in Ethereum
10
Bitcoin ETF outflows cross $288M amidst Labor Day’s ‘risk-off mode’
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Avatar

Journalist

Posted: December 11, 2024

  • ETH has stabilized at $3.5K despite an aggressive $400M sell-off. 
  • Here’s why $3.7K and $3.8K could be reachable in the short term. 

Ethereum’s [ETH] recent sell-off hit levels last seen in 2021 peak, but the altcoin firmly held above $3.5K. 

According to CryptoQuant, the ETH monthly average sell-off hit $400 million in negative net taker volume, rivaling the selling pressure experienced when the altcoin peaked at $4.8K last cycle.

Ethereum rally

Source: CryptoQuant

Ethereum rally: $3.5K support

However, analysts believe the altcoin could be far from peaking this cycle. Since late November, ETH has held above the $3.5K support level, and the recent aggressive sell-off was halted at this level.

This has reinforced the $3.5K level as a key short-term support for ETH’s potential upside move.

Ethereum rally

Source: ETH/USDT, TradingView

Market analyst Eugene Ah Sio shared a similar outlook but warned that a drop below $3.5K could dent market sentiment on the ETH and the overall altcoin market. 

Marking key support levels for top majors (BTC, ETH, SOL), he said, 

“94k/3.5k/200. These are the levels I think market has established as key support levels. Lose this and all of a sudden holding alts in your pf don’t seem like a good idea anymore. Hold these levels and it’s still game on.” 

That said, the demand from US spot ETH ETFs remained strong, despite apparent profit-taking for some holders. On the 10th of December, the products logged $305.74M in daily inflows. 

ETH rally

Source: Soso Value

This marked twelve consecutive days of inflows, reinforcing a strong bounce above $3.5K.

See also  Identifying how ETH can outshine BTC in 2025

So, how far can ETH price go from this support? The Hyblock liquidation heatmap data offers insights into key short-term levels that ETH could target.

According to the latest liquidation levels, which show a high concentration of leveraged positions, the immediate upside levels are $3.69K and $3.72K. Other targets include $3.8K, $3.9K, and $4K.

These are leveraged short positions that could attract price through a liquidity hunt. The leveraged positions at $3.5K have been tapped, increasing the odds of ETH reaching these upside liquidity levels.


Read Ethereum [ETH] Price Prediction 2024-2025


ETH rally

Source: Hyblock

On the lower side, two more liquidity levels, $3.4K and $3.38K, were present. If ETH slips lower, these could be the next key support.

Previous: Bitcoin mining sell-off raises concerns: 771 BTC sold in 24 hours!
Next: DOGE worth $56M moved by whales: Odds of a Dogecoin rally now are…

READ ALSO

Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K

Avatar

Journalist

Posted: December 11, 2024

  • ETH has stabilized at $3.5K despite an aggressive $400M sell-off. 
  • Here’s why $3.7K and $3.8K could be reachable in the short term. 

Ethereum’s [ETH] recent sell-off hit levels last seen in 2021 peak, but the altcoin firmly held above $3.5K. 

According to CryptoQuant, the ETH monthly average sell-off hit $400 million in negative net taker volume, rivaling the selling pressure experienced when the altcoin peaked at $4.8K last cycle.

Ethereum rally

Source: CryptoQuant

Ethereum rally: $3.5K support

However, analysts believe the altcoin could be far from peaking this cycle. Since late November, ETH has held above the $3.5K support level, and the recent aggressive sell-off was halted at this level.

See also  Vitalik Buterin converts $1.6M in memecoins into ETH for charity

This has reinforced the $3.5K level as a key short-term support for ETH’s potential upside move.

Ethereum rally

Source: ETH/USDT, TradingView

Market analyst Eugene Ah Sio shared a similar outlook but warned that a drop below $3.5K could dent market sentiment on the ETH and the overall altcoin market. 

Marking key support levels for top majors (BTC, ETH, SOL), he said, 

“94k/3.5k/200. These are the levels I think market has established as key support levels. Lose this and all of a sudden holding alts in your pf don’t seem like a good idea anymore. Hold these levels and it’s still game on.” 

That said, the demand from US spot ETH ETFs remained strong, despite apparent profit-taking for some holders. On the 10th of December, the products logged $305.74M in daily inflows. 

ETH rally

Source: Soso Value

This marked twelve consecutive days of inflows, reinforcing a strong bounce above $3.5K.

So, how far can ETH price go from this support? The Hyblock liquidation heatmap data offers insights into key short-term levels that ETH could target.

According to the latest liquidation levels, which show a high concentration of leveraged positions, the immediate upside levels are $3.69K and $3.72K. Other targets include $3.8K, $3.9K, and $4K.

These are leveraged short positions that could attract price through a liquidity hunt. The leveraged positions at $3.5K have been tapped, increasing the odds of ETH reaching these upside liquidity levels.


Read Ethereum [ETH] Price Prediction 2024-2025


ETH rally

Source: Hyblock

On the lower side, two more liquidity levels, $3.4K and $3.38K, were present. If ETH slips lower, these could be the next key support.

Previous: Bitcoin mining sell-off raises concerns: 771 BTC sold in 24 hours!
Next: DOGE worth $56M moved by whales: Odds of a Dogecoin rally now are…
Tags: 3.5KETHEthereumrallyrecoverysupporttrigger

Related Posts

Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

May 17, 2025
Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K
Ethereum

Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K

May 17, 2025
Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details

May 16, 2025
Ethereum rallies, Bitcoin stalls: Is capital rotation reshaping the crypto landscape?
Ethereum

Ethereum rallies, Bitcoin stalls: Is capital rotation reshaping the crypto landscape?

May 16, 2025
Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH

May 16, 2025
Blockchain-focused BTCS Inc. to raise $57.8M for Ethereum buys – Impact on ETH?
Ethereum

Blockchain-focused BTCS Inc. to raise $57.8M for Ethereum buys – Impact on ETH?

May 16, 2025
Next Post
NFTs’ role in the preservation and reinterpretation of art

NFTs’ role in the preservation and reinterpretation of art

Comments 10

  1. EQiblyAppof says:
    6 months ago

    Balanset-1A: Balancing made easy and applicable

    Rotor imbalance is a frequent cause of equipment failures, second only to bearing wear in frequency. Imbalance can arise from temperature fluctuations . While replacing bearings is often the only solution for wear, rotor imbalance can be corrected on-site through balancing, a procedure that is part of vibration adjustment .

    Traditionally, this process necessitated complex and expensive vibration analyzers operated by highly qualified specialists. However, Vibromera has developed the Balanset-1A, a device designed to simplify on-site rotor balancing, making it accessible even to personnel with minimal training, including maintenance services .

    The core philosophy of Balanset-1A is simple: rotor balancing should be achievable on-site, by anyone, without extensive knowledge and without exorbitant costs. Instead of being a secondary function of a complex vibration analyzer, balancing is the primary focus of Balanset-1A. While it includes a basic built-in vibration signal analyzer to detect imbalance and other primary defects, its main goal is simplified and comfortable balancing.

    This focus provides significant advantages. Balanset-1A is designed for simplicity , allowing users to promptly and efficiently eliminate rotor imbalance. This user-friendliness enables operational staff to take proactive measures in maintaining equipment functionality.

    Additionally, Vibromera has made the Balanset-1A exceptionally affordable. Priced at just €1751 , it offers excellent value for money, especially considering the complete package.

    The complete package includes:

    • Measurement unit: The heart of the system, analyzing sensor data and guiding the balancing process.
    • Two vibration sensors: They accurately capture the rotor’s vibrational characteristics.
    • Optical sensor (laser tachometer): Used for measuring rotational speed and phase counting .
    • Magnetic stand: Provides reliable and versatile mounting of sensors.
    • Electronic scales: Necessary for accurate weight adjustment during balancing.
    • Software: User-friendly software accompanies the balancing process and provides comprehensive reports.
    • Transport case: Ensures safe and convenient transportation of the entire system.

    With this complete package, users have everything needed to perform both single-plane and two-plane balancing without additional preparation . This eliminates the need to purchase extra parts and simplifies the setup process.

    In conclusion, the Balanset-1A represents a important step forward in making rotor balancing straightforward . With an emphasis on ease of use and offering a comprehensive and budget-friendly solution, Vibromera empowers maintenance teams to effectively eliminate rotor imbalance, ultimately enhancing durability and reducing downtime. The Balanset-1A proves that with the necessary tools, even challenging maintenance tasks can be made easy and understandable by everyone .

    Instagram: https://www.instagram.com/vibromera_ou/
    Youtube : https://youtu.be/guA6XJ-ArZM?si=vmkuX7RILzKBl0zL
    Our website about Elimination of compressor vibration

    Reply
  2. CerionNub says:
    6 months ago

    Если банки закрывают перед вами двери, мы предлагаем альтернативу. займы онлайн на карту без отказа срочно в нашем списке МФО доступны даже тем, кто имеет негативную кредитную историю. Простое оформление и высокий шанс одобрения – ваш путь к финансовой стабильности.

    Reply
  3. Zaimfolox says:
    5 months ago

    Как получить деньги на карту за 10 минут? Ответ прост — MFO-ZAIM.COM – займы с одобрением 24/7 . Удобный онлайн-сервис, где собраны лучшие предложения от микрофинансовых организаций. Без очередей, бумажной волокиты и скрытых комиссий. Доступно каждому, независимо от кредитной истории.

    Reply
  4. Nevacoza says:
    5 months ago

    Планируете поездку на Байкал? На сайте туры-на-байкал.рф вы обнаружите всё необходимое для прекрасного отдыха. У нас собрано более 75 туров отдыха, включая лучшие выходные на байкале тур для всех сезонов. Наш простой в использовании сервис даёт возможность быстро выбрать подходящее предложение, будь то быстрая экскурсия или полноценный отдых на неделю. Вы легко подберёте туры на разный бюджет — от бюджетных туров до премиальных предложений все услуги включены.

    Reply
  5. VlebaneLiz says:
    5 months ago

    Попробуйте популярную заказать лапшу wok на дом от sushi-holl! Мы предлагаем многочисленные комбинации: с цыплёнком, мясом, морепродуктами и овощами. А необычные соусы усиливают каждому блюду неповторимый вкус. WOK – это прекрасный вариант для тех, кто любит питательные и аппетитные блюда. Заказ можно подать в несколько кликов, и уже через короткое время ваш заказ будет у вас на столе. Не упустите возможность насладиться любимой азиатской кухней, не выходя из дома.

    Reply
  6. Polmezazek says:
    5 months ago

    Разве не здорово, когда деньги приходят мгновенно? Более 50 МФО предлагают займы на карту без отказа для всех от 18 лет. Нет лишних вопросов, нет долгих ожиданий – только быстрое решение ваших финансовых вопросов. Выбор очевиден!

    займ без скрытых условий
    займ до зарплаты
    микрозайм без отказа
    займ на карту моментально
    срочный займ по низкой ставке

    Reply
  7. Fizamyobevy says:
    5 months ago

    Для тех, кто старше 18 лет, есть отличное решение – займ на карту без отказа. Без проверок кредитной истории, с минимальными требованиями. Паспорт – всё, что нужно. Деньги за 10 минут.

    Reply
  8. Lezaoeplofs says:
    5 months ago

    Подбираете оптимальный вариант получить средства? Проверенные организации дают возможность оформить займ онлайн на карту без отказов и проверок с минимальным пакетом документов. От вас потребуется лишь — паспорт и банковская карта. Компании с хорошей репутацией гарантируют одобрение заявки всем от 18 лет, при условии, что у вас плохая кредитная история. На сайте mikro-zaim-online.ru доступен топ предложений надежных вариантов. Микрофинансовые займы доступны круглосуточно, а процентная ставка начинается от 0% и ограничена 0.8% ежедневно. Оформите займ за 5 минут, заполнив анкету через Госуслуги.

    Займ на карту без отказа — это доступный способ решить финансовые проблемы срочно и без проверок. МФО предлагают микрозаймы под 0%, выгоднее традиционного банковского кредита. Ряд организаций дают шанс продления займа, если срок оплаты переносится. Рассмотрение проходит положительно всем, кто обращается, а деньги переводятся сразу. Это надежно, комфортно и оперативно, ведь предложения исходят от проверенных компаний.

    Данные займы на карту без отказа идеальны для тех, кто нуждается в срочных средствах. Например, для оплаты счетов или экстренных покупок. Все решается за считаные минуты — не требуется лишних документов. Используя онлайн-платформы, вы можете заполнить заявку 24/7 и гарантированно получить 100% одобрение. Оцените выгоды онлайн-кредитования и подберите идеальный вариант!

    Reply
  9. Doramahit.tv says:
    4 months ago

    Каждый год корейские и китайские студии выпускают десятки впечатляющих проектов, которые заставляют зрителей сопереживать героям, восхищаться красотой съемок и переживать за судьбы персонажей. Если хочется быть в числе первых зрителей, стоит [url=https://doramahit.tv/dorama2025/]смотреть дорамы 2025 онлайн[/url]. Все самые свежие новинки собраны в одном удобном каталоге.

    Reply
  10. arigami.io says:
    4 months ago

    Если вы хотите внедрить в свой бизнес инновационные технологии, то [url=https://arigami.io/app_dev]заказать разработку дополненной реальности[/url] — это отличное решение. Это позволит вам предложить клиентам уникальные и запоминающиеся впечатления, которые помогут вам выделиться на фоне конкурентов. Такие решения могут значительно улучшить восприятие вашего бренда и привлечь больше внимания к вашим продуктам и услугам.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
Ethereum crosses $3.2K as L2 crosses new milestone: What now?

Ethereum crosses $3.2K as L2 crosses new milestone: What now?

May 6, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Why Bitcoin? Michael Saylor breaks down BTC’s edge over gold, stocks!

Why Bitcoin? Michael Saylor breaks down BTC’s edge over gold, stocks!

October 21, 2024
Leadership Development Program Market Regaining Its Glory: FranklinCovey, Korn Ferry, McKinsey & Company

Leadership Development Program Market Regaining Its Glory: FranklinCovey, Korn Ferry, McKinsey & Company

November 3, 2024
WAX to Soon Introduce an Exclusive Token Bridged with TON Network

WAX to Soon Introduce an Exclusive Token Bridged with TON Network

June 30, 2024
Omnisea Revolutionizes Blockchain Engagement with OSEA Drop-Staking Launch

Omnisea Revolutionizes Blockchain Engagement with OSEA Drop-Staking Launch

May 16, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data
  • Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs
  • The Biggest Shutdowns So Far in 2025

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.