Ethereum
Why Ethereum is up 3.6% today
Analysis
Ethereum (ETH) rose 3.6% over the past 24 hours as markets appeared to stabilize and bounce after the sharp weekend selloff that erased roughly $200 billion from crypto, which had dragged ETH lower (CryptoPotato). Traders also focused on key technical levels highlighted in recent ETH price analysis, with the move reflecting renewed bullish attempts after being “locked out” below a critical resistance area (CryptoPotato).
Contributing Factors (3)
Ethereum Founder Vitalik Buterin Made $70K Betting Against 'Crazy Mode' on Polymarket
The Ethereum founder claims his strategy of betting against extreme market sentiment "usually makes money" on Polymarket.
$200 Billion Gone From Crypto Markets as BTC, ETH, XRP Tanked on Saturday: Weekend Watch
HASH and WLFI are among the poorest performers, while HYPE is actually in the green daily.
ETH Bulls Locked Out Below This Critical Resistance: Ethereum Price Analysis
Ethereum remains under clear downside pressure after the recent impulsive sell-off, with the price now trading well below prior structural supports. The focus now shifts to how ETH reacts around major...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.