Ethereum’s Calm Pause: Is a Major Price Move Imminent?

Ethereum is currently stabilizing around the $3,200 price level, with market observers questioning not if, but when the next significant price movement will occur. Following a volatile week that saw declines of nearly 6%, the world’s second-largest cryptocurrency appears to be catching its breath. However, beneath this surface calm, significant developments are unfolding: record-breaking transaction volumes, substantial ETF outflows, and a crucial upcoming network upgrade. Is this tranquility genuine or misleading?

Recent institutional behavior presents notable warning signals for Ethereum. Investment products tracking ETH have experienced substantial outflows totaling $177.9 million. Even industry giant BlackRock has liquidated significant Ethereum holdings, indicating that institutional investors are currently repositioning their portfolios. Read more...