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Ethereum Staking Record Meets On-Chain Collapse: Analyst Explains What’s Holding ETH Price

Ethereum has lost the $2,100 level as selling pressure overwhelms a recovery that has been struggling to find structural support since the mid-May highs. The decline is uncomfortable — but a CryptoOnchain analysis has identified a contradiction in the network data that makes the current price weakness considerably more complex than a straightforward bearish reading…

Ethereum Price Could Spark A Fresh Upswing While Above $1,550

Ethereum price started a downside correction below $1,665. ETH must clear the $1,650 and $1,720 resistance levels to continue higher. Ethereum started a downside correction below the $1,650 zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1,640 on the hourly chart…