Santiment AG’s Post

Ethereum is lagging because a lot of traders were positioned at the gap (blue) that was formed with the August 5 crash at around 3400$. A lot of sellers were positioned there, this is why the price reached a local top. #NotFinancialAdvice.

Ethereum price prediction bullish for now Ethereum's price has been trading within a tight range of $2,550 to $2,730, with market signals indicating a potential upward movement towards $2,850. However, despite this bullish short-term prediction, concerns remain about the sustainability of such a rally, as it could be driven more by liquidity than genuine demand. Traders are advised to be cautious, with the possibility of a reversal near the $2,900 to $3,000 resistance zone.

#EthereumNews: The Ethereum options market for June shows a strong interest in higher strike prices, particularly above $3,600, signaling a bullish sentiment. Traders heavily favor call options, with a notable focus on a $6,500 strike price, reflecting confidence in Ethereum's upward potential. Market movements and upcoming SEC decisions are expected to influence Ethereum's trajectory. #CryptoNews #CryptospaceToday #Ethereum

TradingView News Reports Increased Gains Driven by Bullish Momentum - https://lnkd.in/d39-_NDA Ethereum price extended its rise above the $3,900 resistance. ETH is now consolidating near $3,880 and could continue rising in the near term.Ethereum started another rise above the $3,850 resistance.The price is trading above $3,850 and the 100 hourly simple moving average.There is a major bullish trend line forming

Ethereum's price has declined by 3% in the past 24 hours, currently trading at $3,063. Trading volume has decreased by 25% to $35 billion, and open interest has fallen by 12% to $8.26 billion, indicating weakening market momentum. If Ethereum fails to maintain the $2,942 support level, it could drop to $2,787. Conversely, a rebound could push prices above $3,162 and toward the recent high of $3,443. 

The surge of Ethereum (ETH) to $3,000 signals renewed bullish momentum. Sustaining above this level today hinges on market sentiment and trading activity. Strong fundamentals and positive sentiment could support ETH's price. I think it will sustain above it

Ethereum (ETH) has formed a “golden cross,” where the 50-day SMA surpasses the 200-day SMA, signaling potential bullish momentum. This pattern previously led to significant price increases. ETH is currently trading near $3,988, with positive short-term movement, but further market analysis is recommended.

Ethereum price struggled to clear the $3,650 resistance as ETH started another decline and there is now a risk of more dips below the $3,420 support. Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,540 and the 100-hourly Simple Moving Average.

Ethereums Bullish Price Action and Rising Market Sentiment #cryptonews - Ethereum has experienced an increase in buying pressure near the $2.4K support level, resulting in a surge in price and the recapture of key resistance levels. This indicates a shift towards a bullish market sentiment, with higher price levels expected in the short to mid-term. A brief consolidation correction phase may be necessary to maintain […] https://lnkd.in/d4q2Xy-s