Ethereum Foundation sold 10,000 ETH via OTC to BitMine at $2,387, second such deal in a month. ETH currently at $2,320, down 0.4%. Technical bear flag suggests potential drop to $1,750 if support breached.
The Ethereum Foundation sold 10,000 ETH to BitMine at $2,387 via OTC, the second such sale in a month. Market observers warn of potential short-term pressure, while technical analysis shows a bear flag pattern, with key support at $1,750 if broken.
ETH/BTC forms a bear flag pattern, targeting 0.026 BTC with a potential 10% decline. Meanwhile, Ethereum's staking ratio reaches an all-time high of 32.33%, locking 39 million ETH but ether still lags bitcoin.
ETH/BTC dropped 5.5% weekly with a bear flag pattern targeting 0.026 BTC, implying a 10% decline by May. Meanwhile, Ethereum's staking ratio hit a record 32.33% with 39 million ETH locked, yet ETH lags BTC due to institutional preference and weakening 'ultrasound money' thesis.
Chainlink (LINK) dropped to $8.89 amid Fed hawkish stance and geopolitical tensions. A bear flag pattern suggests a potential drop to $7, while open interest plunged $400M. Despite reserve accumulation of 121K LINK, market sentiment remains weak.
Chainlink drops to $8.89 amid Fed hawkish policy and Middle East tensions. Open interest plunges 12% while reserves accumulate 121K LINK. Bear flag pattern suggests potential drop to $7 if $9 support breaks.
Chainlink price drops to $8.89, forming a bear flag pattern. Futures open interest fell 12% in three days to $400M. Despite reserve adding 121K LINK, geopolitical tensions and Fed hawkish stance pressure the $9 support. Breakdown could target $7.
LINK fell to $8.89 after dropping more than 11% in three days, while futures open interest slid to about $400 million. Although Chainlink Reserve added over 121,000 LINK, technical signals still point to pressure around the key $9 support level.
