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Ethereum price bulls eye breakout as descending resistance squeezes price, where will it go?

Ethereum price trades in a tightening downtrend, with sellers capping rebounds below a descending resistance line and a break of nearby support likely to decide the next major move. Summary Ethereum price remains stuck below a descending resistance trendline, with every rebound attracting renewed selling.​ Price is consolidating near support after a rejected spike higher, and loss…

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Ethereum price forms a bearish pennant as December closes with $545M ETF outflows, will it crash?

Ethereum price has slumped nearly 14% in December as net outflows from its spot exchange-traded funds topped nearly $545 million within the period. Will the largest altcoin extend losses now that it is close to confirming a bearish pennant pattern? Summary Ethereum price has dropped 14% in December. Nearly $545 million have outflown from spot…

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Lighter flips Hyperliquid in 30-day perps volume

A shifting balance is emerging in the on-chain perpetuals market as trading activity metrics show stiff competition among a small group of fast-growing platforms. Summary Lighter recorded ~$198B in 30-day perpetuals volume, surpassing Hyperliquid’s ~$166B, according to DeFiLlama The LIT token launch and 25% community airdrop helped drive activity and rapid TVL growth to $1.43B…

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Bitmine stakes additional $352M in Ehereum

Bitmine has increased its exposure to Ethereum again this week, staking another $352 million in ETH.  Summary Bitmine staked 118,944 ETH ($352M), bringing total staked ETH to 461,504 ETH ($1.37B) On-chain data shows continued accumulation, including a $97.8M ETH transfer from FalconX Despite large unrealized losses, the firm is pressing ahead with a long-term ETH treasury and validator plan…

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