Ethereum steadies above $3k amid ETF buzz: A turnaround in sight? – AMBCrypto News

Ethereum strengthened its recovery trajectory with price fluctuations indicating seller exhaustion. Bullish speculators are hoping the debut of a U.S.-based spot Ethereum ETF will spur a bullish reversal. Ethereum [ETH] Ethereum traded higher on July 9 after an eventful day the previous day, which saw the proposed issuer of a U.S. spot Ethereum exchange-traded fund […]

Ethereum: How whales failed to reverse ETH's bearish trend – AMBCrypto News

Most short-term traders have experienced losses and will try to liquidate their positions if the price spikes. The $2.8k level is likely to re-emerge as support, but it remains to be seen whether the bulls can hold on beyond that. Ethereum [ETH] Exchange inflows recently reversed, turning significantly negative in June, but this did not […]