Tuesday, July 15, 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
    CryptoPunks Dominate Top Weekly NFT Sales amid Overall Market Sales Volume Surges 34.19% to $133.66 Million

    CryptoPunks Dominate Top Weekly NFT Sales amid Overall Market Sales Volume Surges 34.19% to $133.66 Million

    Volume Plunges While Transactions Soar

    Volume Plunges While Transactions Soar

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    Boxed Memecoins as Collectible Toys

    Boxed Memecoins as Collectible Toys

    Hype fades as NFT platforms lose users

    Hype fades as NFT platforms lose users

    OpenSea Revolutionizes Mobile Trading with Rally Wallet Acquisition

    OpenSea Revolutionizes Mobile Trading with Rally Wallet Acquisition

    Donald Trump Had Said, ‘The US Government Will Not Sell Cryptocurrency From Now On,’ But Something Strange Is Going On — Onchain Data Shows…

    Donald Trump Had Said, ‘The US Government Will Not Sell Cryptocurrency From Now On,’ But Something Strange Is Going On — Onchain Data Shows…

  • Gaming
    Crypto games are struggling in 2025, but big brands aren’t giving up

    Crypto games are struggling in 2025, but big brands aren’t giving up

    Taking Back Identity: How MocaChain Decentralizes Digital Power

    Taking Back Identity: How MocaChain Decentralizes Digital Power

    ‘League of Kingdoms’ Expands Into ‘Arena-Z’ as New Games and Tokens Emerge

    ‘League of Kingdoms’ Expands Into ‘Arena-Z’ as New Games and Tokens Emerge

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    Elon Musk’s xAI Launches Waifu Companions for Grok

    Elon Musk’s xAI Launches Waifu Companions for Grok

    Web3 Meets the Stadium: The Rise of Competitive Ownership

    Web3 Meets the Stadium: The Rise of Competitive Ownership

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

    Qitmeer Network Forges Partnership with Onmi to Bolster Web3 GameFi Space

    Qitmeer Network Forges Partnership with Onmi to Bolster Web3 GameFi Space

  • 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 Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    How It Works and What to Watch Out For

    How It Works and What to Watch Out For

    Crypto Risk Management Strategies for Trading (2025)

    Crypto Risk Management Strategies for Trading (2025)

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is DeFi Staking? Everything You Need to Know

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    A Full Comparison of Layer 2 Solutions

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

  • 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
    CryptoPunks Dominate Top Weekly NFT Sales amid Overall Market Sales Volume Surges 34.19% to $133.66 Million

    CryptoPunks Dominate Top Weekly NFT Sales amid Overall Market Sales Volume Surges 34.19% to $133.66 Million

    Volume Plunges While Transactions Soar

    Volume Plunges While Transactions Soar

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    Boxed Memecoins as Collectible Toys

    Boxed Memecoins as Collectible Toys

    Hype fades as NFT platforms lose users

    Hype fades as NFT platforms lose users

    OpenSea Revolutionizes Mobile Trading with Rally Wallet Acquisition

    OpenSea Revolutionizes Mobile Trading with Rally Wallet Acquisition

    Donald Trump Had Said, ‘The US Government Will Not Sell Cryptocurrency From Now On,’ But Something Strange Is Going On — Onchain Data Shows…

    Donald Trump Had Said, ‘The US Government Will Not Sell Cryptocurrency From Now On,’ But Something Strange Is Going On — Onchain Data Shows…

  • Gaming
    Crypto games are struggling in 2025, but big brands aren’t giving up

    Crypto games are struggling in 2025, but big brands aren’t giving up

    Taking Back Identity: How MocaChain Decentralizes Digital Power

    Taking Back Identity: How MocaChain Decentralizes Digital Power

    ‘League of Kingdoms’ Expands Into ‘Arena-Z’ as New Games and Tokens Emerge

    ‘League of Kingdoms’ Expands Into ‘Arena-Z’ as New Games and Tokens Emerge

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    Elon Musk’s xAI Launches Waifu Companions for Grok

    Elon Musk’s xAI Launches Waifu Companions for Grok

    Web3 Meets the Stadium: The Rise of Competitive Ownership

    Web3 Meets the Stadium: The Rise of Competitive Ownership

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

    Qitmeer Network Forges Partnership with Onmi to Bolster Web3 GameFi Space

    Qitmeer Network Forges Partnership with Onmi to Bolster Web3 GameFi Space

  • 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 Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    How It Works and What to Watch Out For

    How It Works and What to Watch Out For

    Crypto Risk Management Strategies for Trading (2025)

    Crypto Risk Management Strategies for Trading (2025)

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is DeFi Staking? Everything You Need to Know

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    A Full Comparison of Layer 2 Solutions

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

  • 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’s surge to $3.6K: Speculation fuels rise, but is a pullback still likely?

November 28, 2024
in Ethereum
18
Ethereum’s surge to $3.6K: Speculation fuels rise, but is a pullback still likely?
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • Ethereum’s surge to $3.6K is more speculative in nature, as whales capitalize on high volatility. 
  • With open interest (OI) reaching an all-time high, the $4K target for ETH seems more distant.

Ethereum [ETH] has surged nearly 15% this week, reclaiming $3,600 for the first time in seven months. Despite a week of profit-taking and consolidation after each long green wick, no significant pullback has occurred.

FOMO-driven buying suggests leverage on retracements, with weak hands exiting, positioning ETH for a potential rebound. However, this rally is largely driven by high-leverage futures, with open interest for both longs and shorts hitting a record $24.08 billion.

While Bitcoin’s ‘slight’ recovery adds optimism, Ethereum’s breakout to $4K seems unlikely due to significant liquidity buildup, leaving the door open for a correction unless key conditions align.

High leverage could present a strong resistance barrier

In the past 24 hours, total liquidations hit $283.12 million, with shorts taking the hardest hit, losing nearly $173 million. This comes as the market recovers, with most major coins posting strong gains, including ETH, which surged almost 9% to reclaim the $3.6K range.

Notably, ETH saw the largest liquidation order on Bitmax, totaling $2.81 million. Whales, who accumulated around 50 million ETH tokens, likely triggered a major short-squeeze, pushing the price into a key resistance zone.

In simple terms, Ethereum faced a ‘tug-of-war’ over the past week, with bulls and bears battling for control. The bulls ultimately won, as whales intervened, forcing short-sellers to buy back their positions, triggering a notable price surge.

Ethereum surge

Source : Coinglass

Now, the real test begins. A short-term target of $4K could materialize if whales continue their strategy in the coming days, stabilizing the price around $3.8K. This could turn $3.8K into a psychological level, attracting new market interest and paving the way for a potential breakout to $4K.

However, you must consider both internal and external factors. Bullish activity across various data sets is crucial to hitting the short-term target.

Without it, Ethereum’ surge could face a roadblock. With record-breaking activity in the derivatives market, even a small divergence could give bears an opportunity to exert pressure.

The result? Short-sellers may take control, leading to a short-term correction back to the $3.5K range.

See also  The Rise of Hamster Kombat: A New Era of Gamified Crypto on Telegram

Ethereum’s surge likely at the mercy of whale support

From this chart, it’s clear that more investors are taking on high-leverage risk in derivative trading, with the leverage ratio reaching an all-time high.  This suggests that the recent surge is driven more by speculation than by fundamental factors.

This is unsurprising, considering that, as the second-largest cryptocurrency by market cap, Ethereum’s price movements tend to mirror those of Bitcoin. Investors closely monitor BTC’s actions to determine whether to go long or short on ETH.

Now, with Bitcoin rebounding by more than 4% and bouncing back into the $95K band, Ethereum bulls have responded positively. Whales see this as a key catalyst for a short-term surge.

Additionally, over the past four days, net flow has turned positive as more weak hands exit the market.

Net flow

Source : CryptoQuant

However, unlike previous cycles, where each green bar signaled a potential top and an impending correction, whales absorbed the pressure this time, driving a nearly 10% price surge.

That said, the mounting pressure around the current price should not be underestimated, as Ethereum’s surge increasingly relies on continued whale support.

But what happens if that support falters? As of now, the volatility index stands at 66, which is relatively high compared to typical markets. This suggests that investors may be anticipating significant price movements over a short period.

As a result, whales have likely focused on the volatility gripping the market. With uncertainty surrounding Bitcoin’s near-term movements, their attention has shifted toward high-cap tokens.


Read Ethereum [ETH] Price Prediction 2024-2025


This makes Ethereum’ surge toward $3,600 less stable and more speculative, with the $4K target remaining elusive unless whales continue to accumulate, even during bullish periods, thereby driving the surge on a more ‘fundamental’ basis.

Until then, consolidation seems more likely, with a potential correction on the charts if whales lock in their gains, allowing shorts to take control.

Previous: Solana: Will SOL drop to $200 after THIS bearish pattern emerges?
Next: Is Aptos primed for a breakout? – Traders look out for THESE levels

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

  • Ethereum’s surge to $3.6K is more speculative in nature, as whales capitalize on high volatility. 
  • With open interest (OI) reaching an all-time high, the $4K target for ETH seems more distant.

Ethereum [ETH] has surged nearly 15% this week, reclaiming $3,600 for the first time in seven months. Despite a week of profit-taking and consolidation after each long green wick, no significant pullback has occurred.

See also  Could ASIC Miner Values Signal An Approaching Crypto Surge?

FOMO-driven buying suggests leverage on retracements, with weak hands exiting, positioning ETH for a potential rebound. However, this rally is largely driven by high-leverage futures, with open interest for both longs and shorts hitting a record $24.08 billion.

While Bitcoin’s ‘slight’ recovery adds optimism, Ethereum’s breakout to $4K seems unlikely due to significant liquidity buildup, leaving the door open for a correction unless key conditions align.

High leverage could present a strong resistance barrier

In the past 24 hours, total liquidations hit $283.12 million, with shorts taking the hardest hit, losing nearly $173 million. This comes as the market recovers, with most major coins posting strong gains, including ETH, which surged almost 9% to reclaim the $3.6K range.

Notably, ETH saw the largest liquidation order on Bitmax, totaling $2.81 million. Whales, who accumulated around 50 million ETH tokens, likely triggered a major short-squeeze, pushing the price into a key resistance zone.

In simple terms, Ethereum faced a ‘tug-of-war’ over the past week, with bulls and bears battling for control. The bulls ultimately won, as whales intervened, forcing short-sellers to buy back their positions, triggering a notable price surge.

Ethereum surge

Source : Coinglass

Now, the real test begins. A short-term target of $4K could materialize if whales continue their strategy in the coming days, stabilizing the price around $3.8K. This could turn $3.8K into a psychological level, attracting new market interest and paving the way for a potential breakout to $4K.

However, you must consider both internal and external factors. Bullish activity across various data sets is crucial to hitting the short-term target.

Without it, Ethereum’ surge could face a roadblock. With record-breaking activity in the derivatives market, even a small divergence could give bears an opportunity to exert pressure.

See also  Ethereum's $4K resistance mirrors 2020 levels: Is $6K next?

The result? Short-sellers may take control, leading to a short-term correction back to the $3.5K range.

Ethereum’s surge likely at the mercy of whale support

From this chart, it’s clear that more investors are taking on high-leverage risk in derivative trading, with the leverage ratio reaching an all-time high.  This suggests that the recent surge is driven more by speculation than by fundamental factors.

This is unsurprising, considering that, as the second-largest cryptocurrency by market cap, Ethereum’s price movements tend to mirror those of Bitcoin. Investors closely monitor BTC’s actions to determine whether to go long or short on ETH.

Now, with Bitcoin rebounding by more than 4% and bouncing back into the $95K band, Ethereum bulls have responded positively. Whales see this as a key catalyst for a short-term surge.

Additionally, over the past four days, net flow has turned positive as more weak hands exit the market.

Net flow

Source : CryptoQuant

However, unlike previous cycles, where each green bar signaled a potential top and an impending correction, whales absorbed the pressure this time, driving a nearly 10% price surge.

That said, the mounting pressure around the current price should not be underestimated, as Ethereum’s surge increasingly relies on continued whale support.

But what happens if that support falters? As of now, the volatility index stands at 66, which is relatively high compared to typical markets. This suggests that investors may be anticipating significant price movements over a short period.

As a result, whales have likely focused on the volatility gripping the market. With uncertainty surrounding Bitcoin’s near-term movements, their attention has shifted toward high-cap tokens.


Read Ethereum [ETH] Price Prediction 2024-2025


This makes Ethereum’ surge toward $3,600 less stable and more speculative, with the $4K target remaining elusive unless whales continue to accumulate, even during bullish periods, thereby driving the surge on a more ‘fundamental’ basis.

Until then, consolidation seems more likely, with a potential correction on the charts if whales lock in their gains, allowing shorts to take control.

Previous: Solana: Will SOL drop to $200 after THIS bearish pattern emerges?
Next: Is Aptos primed for a breakout? – Traders look out for THESE levels
Tags: 3.6KEthereumsFuelspullbackriseSpeculationSurge

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
Gesture Sensing Control Market Size, Share, Analysis, Scope, Applications, Trends and Forecast 2031

Gesture Sensing Control Market Size, Share, Analysis, Scope, Applications, Trends and Forecast 2031

Comments 18

  1. LerosuHoark says:
    8 months ago

    Суши и роллы доставка по Иркутску sushi-holl.ru

    Неприлично вкусные суши и роллы доставим скорее всех. Паназиатская кухня пришла к нам в Россию недавно, но уж больно пришлась по душе нашим гражданам. Заходите на сайт sushi-holl.ru и выделяйте любимые роллы с доставкой по Иркутску уже сейчас.

    По запросу круглосуточная доставка роллов переходите на данный веб портал. У нас работают профессиональные повара, которые идеально справляются с суши, роллами, Wok, горячими блюдами и другим. Меню вполне многообразно, что каждый сможет выбрать блюдо по своему вкусу.

    Заказать доставку аппетитной и свежей еды на дом можно по номеру телефона 8(3952)482-182 или оставив заявку на сайте. Если последний вариант для вас удобнее, то переходите в наше меню на сайте sushi-holl.ru и отправляйте необходимые блюда в корзину. После, зайдите в корзину и перепроверьте позиции. Обратите внимание, что имбирь и васаби не входят в заказ, непременно прибавьте их прямо в корзине. Далее нужно перейти к оформлению заказа, где стоит написать имя, номер телефона, Ваш адрес, количество персон и необходимую дату и время доставки. После нужно выбрать удобный метод оплаты: наличными при приходе, по карте или оплата на портале и всё. Ждите Ваш заказ в установленное время.

    Если Вы хотели найти роллы новоленино в интернете, то вы попали в точку. Здесь самые свежие и вкусные суши по лучшим ценам города. Мы находимся по адресу: г. Иркутск, ул. Пискунова, д. 146. Время работы с 10:00 до 22:05. Приходите, звоните, оформляйте заказ и приятного аппетита, наш долгожданный клиент!

    Reply
  2. u0vlk says:
    1 month ago

    buying cheap clomid price clomid buy where to get generic clomid pill can i buy clomiphene without dr prescription where buy generic clomiphene without dr prescription how to buy cheap clomid price can i buy generic clomiphene without dr prescription

    Reply
  3. cialis a prix discount says:
    1 month ago

    More posts like this would bring about the blogosphere more useful.

    Reply
  4. flagyl nursing implications says:
    1 month ago

    This is the gentle of scribble literary works I rightly appreciate.

    Reply
  5. kn93d says:
    1 month ago

    buy azithromycin 250mg pills – order tinidazole pill flagyl 200mg brand

    Reply
  6. fewqm says:
    1 month ago

    buy semaglutide without a prescription – buy cyproheptadine 4mg periactin over the counter

    Reply
  7. 1idbf says:
    4 weeks ago

    how to buy motilium – motilium without prescription purchase cyclobenzaprine online

    Reply
  8. 3jjn3 says:
    3 weeks ago

    clavulanate over the counter – at bio info buy generic acillin over the counter

    Reply
  9. iu7iz says:
    3 weeks ago

    purchase esomeprazole for sale – anexamate.com buy nexium cheap

    Reply
  10. wewmb says:
    2 weeks ago

    coumadin uk – blood thinner buy generic cozaar 50mg

    Reply
  11. bsu24 says:
    2 weeks ago

    mobic oral – https://moboxsin.com/ cost meloxicam 7.5mg

    Reply
  12. 11xyz says:
    2 weeks ago

    how to buy ed pills – best drug for ed sexual dysfunction

    Reply
  13. eiohj says:
    2 weeks ago

    order amoxicillin generic – combamoxi buy amoxicillin no prescription

    Reply
  14. 9vjin says:
    6 days ago

    order fluconazole 100mg online – buy fluconazole without a prescription forcan order online

    Reply
  15. 034ge says:
    5 days ago

    buy cenforce 50mg – fast cenforce rs cenforce 100mg tablet

    Reply
  16. xehao says:
    3 days ago

    cialis for daily use cost – https://ciltadgn.com/# cialis tablets for sell

    Reply
  17. uyf4p says:
    1 day ago

    purchase generic cialis – https://strongtadafl.com/ sanofi cialis otc

    Reply
  18. Connielet says:
    7 hours ago

    buy zantac 150mg online cheap – ranitidine 150mg cheap buy zantac 150mg pills

    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
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024
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

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Bitcoin price jumps 12% in 7 days as $50k predictions gain speed

Will Polygon zkEVM’s latest update help network activity? 

February 15, 2024
Bitcoin whales unload over $2 bln in BTC – Why?

Will Curve Finance’s new moves secure crvUSD’s peg?

November 23, 2023
Redstone announces mainnet launch to boost on-chain gaming ecosystem

Redstone announces mainnet launch to boost on-chain gaming ecosystem

April 6, 2024
Conduit launches L5 for next-level blockchain solutions

Conduit launches L5 for next-level blockchain solutions

April 4, 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

  • Crypto games are struggling in 2025, but big brands aren’t giving up
  • Bitcoin Mempool Emptiness Sparks Network Security Concerns
  • Taking Back Identity: How MocaChain Decentralizes Digital Power

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.