As of Dec. 18, 2023, ethereum exhibits a complex interplay of bearish and bullish signals across various technical indicators. The second-leading crypto asset, currently priced at $ 2,125 to $ 2,165, faces a critical juncture in its market trajectory, as revealed by the 4-hour and daily charts, oscillators, and moving averages. Ethereum The …
Ethereum Technical Analysis: ETH Faces Downward Pressure; Bearish Trends Emerge Amidst Market Volatility
As of Dec. 15, 2023, ethereum’s price exhibits intricate dynamics, standing at $ 2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend. Ethereum Ethereum’s (ETH) market capitalization stands at $ 271 billion, accompanied by a 24-hour trade volume of …
Ethereum Technical Analysis: ETH Exhibits Mixed Signals; Resilience Amidst Bearish Trends
As of December 11, 2023, ethereum exhibits a blend of neutral and bearish trends. Mirroring bitcoin’s trajectory, ether experienced a pronounced decline during the transition from Sunday’s late-night trading into Monday. Ethereum Today, ethereum’s (ETH) value hovers at $ 2,239, fluctuating within a 24-hour span between $ 2,217 and $ 2,376. This …
From ‘Big Short’ to Big Shift — Michael Burry Rotates Out of Bearish Bets Following Several Misfires
Michael Burry, famously known for his bold ‘Big Short’ wager against subprime mortgages in the early 2000s, has recently offloaded several substantial bearish positions following unsuccessful outcomes. As the founder of Scion Asset Management, Burry dissolved his put options on major indices and semiconductor stocks during the third quarter, as revealed by regulatory documents. These […]
Biggest Movers: LTC, ETC Rebound on Monday, Despite Bearish Sentiment
Litecoin was back in the green to start the week, despite the crypto market continuing to trend mostly lower. At the time of writing, the global market cap is down 0.59%, following a recent red wave. Ethereum classic also climbed higher on Monday, hitting a four-day high in the process. Litecoin (LTC) Litecoin (LTC) rose […]