• bitcoinBitcoin (BTC) $ 96,222.00
  • ethereumEthereum (ETH) $ 2,632.50
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.41
  • solanaSolana (SOL) $ 199.96
  • bnbBNB (BNB) $ 618.82
  • usd-coinUSDC (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.251153
  • staked-etherLido Staked Ether (STETH) $ 2,631.77
  • cardanoCardano (ADA) $ 0.684829
  • tronTRON (TRX) $ 0.236348
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,022.00
  • chainlinkChainlink (LINK) $ 18.49
  • wrapped-stethWrapped stETH (WSTETH) $ 3,134.68
  • avalanche-2Avalanche (AVAX) $ 24.85
  • stellarStellar (XLM) $ 0.316549
  • the-open-networkToncoin (TON) $ 3.83
  • suiSui (SUI) $ 3.04
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • leo-tokenLEO Token (LEO) $ 9.92
  • hedera-hashgraphHedera (HBAR) $ 0.231084
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  • litecoinLitecoin (LTC) $ 106.29
  • hyperliquidHyperliquid (HYPE) $ 22.89
  • bitget-tokenBitget Token (BGB) $ 6.34
  • wethWETH (WETH) $ 2,632.76
  • polkadotPolkadot (DOT) $ 4.75
  • bitcoin-cashBitcoin Cash (BCH) $ 325.43
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • mantra-daoMANTRA (OM) $ 5.79
  • uniswapUniswap (UNI) $ 9.10
  • wrapped-eethWrapped eETH (WEETH) $ 2,785.86
  • ondo-financeOndo (ONDO) $ 1.33
  • moneroMonero (XMR) $ 221.90
  • pepePepe (PEPE) $ 0.000009
  • whitebitWhiteBIT Coin (WBT) $ 27.22
  • nearNEAR Protocol (NEAR) $ 3.21
  • aaveAave (AAVE) $ 241.62
  • daiDai (DAI) $ 0.999758
  • mantleMantle (MNT) $ 1.02
  • aptosAptos (APT) $ 5.86
  • internet-computerInternet Computer (ICP) $ 6.91
  • official-trumpOfficial Trump (TRUMP) $ 16.35
  • susdssUSDS (SUSDS) $ 1.04
  • ethereum-classicEthereum Classic (ETC) $ 20.14
  • bittensorBittensor (TAO) $ 359.38
  • okbOKB (OKB) $ 47.33
  • gatechain-tokenGate (GT) $ 21.07
  • vechainVeChain (VET) $ 0.032262
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.305633
  • crypto-com-chainCronos (CRO) $ 0.093393
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,270.00
  • algorandAlgorand (ALGO) $ 0.274656
  • tokenize-xchangeTokenize Xchange (TKX) $ 28.11
  • kaspaKaspa (KAS) $ 0.086361
  • render-tokenRender (RENDER) $ 4.21
  • jupiter-exchange-solanaJupiter (JUP) $ 0.822372
  • filecoinFilecoin (FIL) $ 3.31
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • cosmosCosmos Hub (ATOM) $ 4.57
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.753203
  • arbitrumArbitrum (ARB) $ 0.449154
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,133.00
  • fasttokenFasttoken (FTN) $ 3.93
  • binance-staked-solBinance Staked SOL (BNSOL) $ 206.01
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,631.38
  • celestiaCelestia (TIA) $ 3.04
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,721.73
  • ethenaEthena (ENA) $ 0.482642
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 95,907.00
  • kucoin-sharesKuCoin (KCS) $ 12.09
  • optimismOptimism (OP) $ 1.07
  • xdce-crowd-saleXDC Network (XDC) $ 0.091744
  • immutable-xImmutable (IMX) $ 0.802339
  • raydiumRaydium (RAY) $ 4.76
  • blockstackStacks (STX) $ 0.894187
  • bonkBonk (BONK) $ 0.000017
  • injective-protocolInjective (INJ) $ 13.65
  • lido-daoLido DAO (LDO) $ 1.48
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,956.60
  • nexoNEXO (NEXO) $ 1.31
  • sonic-3Sonic (prev. FTM) (S) $ 0.408455
  • theta-tokenTheta Network (THETA) $ 1.28
  • quant-networkQuant (QNT) $ 86.75
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,783.48
  • the-graphThe Graph (GRT) $ 0.131016
  • movementMovement (MOVE) $ 0.526484
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  • worldcoin-wldWorldcoin (WLD) $ 1.22
  • usual-usdUsual USD (USD0) $ 0.997491
  • dexeDeXe (DEXE) $ 20.02
  • jasmycoinJasmyCoin (JASMY) $ 0.022253
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 94,797.00
  • msolMarinade Staked SOL (MSOL) $ 252.84
  • sei-networkSei (SEI) $ 0.225459
  • galaGALA (GALA) $ 0.021882
  • the-sandboxThe Sandbox (SAND) $ 0.379543
  • eosEOS (EOS) $ 0.604787
  • tezosTezos (XTZ) $ 0.881743
  • flokiFLOKI (FLOKI) $ 0.000093
  • bittorrentBitTorrent (BTT) $ 0.00000086
  • ultimaUltima (ULTIMA) $ 19,278.35
  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.91
  • iotaIOTA (IOTA) $ 0.220936
  • chain-2Onyxcoin (XCN) $ 0.024899
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 216.54
  • makerMaker (MKR) $ 893.42
  • flowFlow (FLOW) $ 0.498804
  • bitcoin-svBitcoin SV (BSV) $ 39.15
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,994.00
  • kaiaKaia (KAIA) $ 0.129649
  • wbnbWrapped BNB (WBNB) $ 618.29
  • usddUSDD (USDD) $ 1.00
  • neoNEO (NEO) $ 10.56
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.12
  • jito-governance-tokenJito (JTO) $ 2.45
  • tether-goldTether Gold (XAUT) $ 2,866.07
  • pyth-networkPyth Network (PYTH) $ 0.194026
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,723.46
  • dogwifcoindogwifhat (WIF) $ 0.676136
  • roninRonin (RON) $ 1.08
  • axie-infinityAxie Infinity (AXS) $ 4.17
  • curve-dao-tokenCurve DAO (CRV) $ 0.510055
  • fraxFrax (FRAX) $ 0.997281
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.250248
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,781.88
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999864
  • aerodrome-financeAerodrome Finance (AERO) $ 0.811191
  • elrond-erd-2MultiversX (EGLD) $ 22.10
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009754
  • starknetStarknet (STRK) $ 0.236156
  • heliumHelium (HNT) $ 3.42
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,632.23
  • pax-goldPAX Gold (PAXG) $ 2,889.50
  • decentralandDecentraland (MANA) $ 0.318150
  • arweaveArweave (AR) $ 9.02
  • meowMEOW (MEOW) $ 0.006554
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,625.79
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • spx6900SPX6900 (SPX) $ 0.605502
  • pumpbtcpumpBTC (PUMPBTC) $ 92,469.00
  • resolv-usrResolv USR (USR) $ 1.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,632.95
  • berachain-beraBerachain (BERA) $ 5.12
  • matic-networkPolygon (MATIC) $ 0.305108
  • dydx-chaindYdX (DYDX) $ 0.747661
  • chilizChiliz (CHZ) $ 0.058329
  • conflux-tokenConflux (CFX) $ 0.109702
  • beldexBeldex (BDX) $ 0.076889
  • telcoinTelcoin (TEL) $ 0.006816
  • pendlePendle (PENDLE) $ 3.21
  • zcashZcash (ZEC) $ 32.82
  • ecasheCash (XEC) $ 0.000026
  • beam-2Beam (BEAM) $ 0.009823
  • amp-tokenAmp (AMP) $ 0.006036
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.75
  • insurance-2INSURANCE (INSURANCE) $ 27.16
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 96,188.00
  • kavaKava (KAVA) $ 0.457314
  • true-usdTrueUSD (TUSD) $ 0.997689
  • apecoinApeCoin (APE) $ 0.686602
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  • clbtcclBTC (CLBTC) $ 95,825.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008619
  • akash-networkAkash Network (AKT) $ 1.92
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Ethereum Price Analysis: ETH Risks Falling Below $3K After Recent Rejection

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Ethereum Price Analysis: ETH Risks Falling Below $3K After Recent Rejection

Ethereum experienced a surge this week, briefly breaking above a key resistance region. However, it lacked sufficient momentum, appearing to be a false breakout.

If ETH faces a more profound rejection at current levels, lower prices could follow.

Technical Analysis

By Shayan

The Daily Chart

Ethereum saw a strong push from buyers at the $3K support range, driving the price slightly above a substantial resistance region. This key region includes:

  • The 100-day moving average at $3.3K
  • The bullish flag’s upper boundary at $3.4K

Despite clearing these levels, ETH encountered significant selling pressure at $3.5K, highlighting insufficient buying power. This false breakout raises concerns about a potential rejection.

Continuing the bullish trend will be possible if the asset successfully breaks above these key thresholds and ultimately reclaims the $3.5K juncture. Otherwise, a rejection could lead to heightened volatility and a potential price drop.

Ethereum Price Analysis: ETH Risks Falling Below $3K After Recent Rejection

The 4-Hour Chart

On the lower timeframe, ETH gained momentum after bouncing from the 0.5-0.618 Fibonacci retracement zone, successfully breaking above a descending wedge pattern. Such a breakout often signals a potential bullish continuation, shifting sentiment in favor of buyers.

However, upon reaching the critical $3,5K resistance, Ethereum encountered significant selling pressure, triggering a retracement toward the previously broken trendline of the wedge.

The upcoming price action will be crucial; if Ethereum finds support at this trendline and completes a pullback, the bullish structure could remain intact, leading to another push toward $3.5K. Conversely, if demand remains weak and buyers fail to step in, the market could face a deeper correction, potentially targeting the $3K support level again.

Onchain Analysis

By Shayan

The Binance liquidation heatmap offers valuable insights into areas where substantial liquidation events are likely to occur. As liquidity tends to act as a price magnet, these levels often become focal points for market movements, with traders seeking to capitalize on liquidity sweeps.

Recent market consolidation has resulted in the formation of a significant cluster of liquidation levels just above the key $3.5K resistance. These levels correspond to short-position liquidation levels, making them an attractive target for bulls and institutional buyers. Given this setup, Ethereum’s price could be drawn toward this liquidity pocket, increasing the probability of a breakout above $3.5K in the mid-term.

Despite the current lack of strong bullish momentum, the $3.5K level remains a crucial battleground. A decisive move above this resistance to trigger short liquidations could act as a catalyst for further upside, potentially propelling Ethereum toward the psychological $4K mark in the coming sessions.

Source

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