All opinions Top Picks Most Discussed Crypto Premium Traders API
buy on weakness
ETH

Ethereum Nears ATH: Record Transactions and ETF Outflows Point to Breakout or Pullback

I see Ethereum trading near its 2021 all-time high, currently around $4,662, and testing a key resistance zone at $4,750–$4,800. Daily transactions have surged to about 1.875 million, signaling unusually strong network demand.

Exchange net flows (SMA30) show roughly –40,000 ETH, indicating sustained outflows likely linked to spot ETF activity and institutional accumulation. This sets up a clear decision point: a clean breakout with volume could send ETH into price discovery, while sellers defending resistance could trigger consolidation or a retracement toward ~$3,950.

Source available for registered users Sign Up Free

Analysis

I view the technical and on-chain signals as bullish but conditional: record network activity and large exchange outflows support higher prices, yet the proximity to a historical supply zone raises th...

Recommendation

I recommend a buy-on-weakness approach: consider accumulating on dips or wait for a confirmed breakout above $4,750 with sustained volume and continued negative SMA30 net flows; a shift to positive ne...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in:

past top pick
ETH

Ethereum bottom at $2.1k paid off — portfolio up

Portfolio rose after an Ethereum bottom call at $2.1k. Recommend locking profits and managing risk while monitoring ETH price action.
Read full + analytics
watch
ETH

Ethereum $506K Short Liquidation at $4,619 — Watch for Follow‑Through

A $506K short on Ethereum was liquidated at $4,619.73, signaling a short squeeze and short‑term bullish pressure; monitor for confirmation or a pullback before entering.
Read full + analytics
comment
ETH

ETH Short Squeeze: $506K Liquidated at $4,619 — Watch for Follow‑Through

A $506K Ethereum short was liquidated at $4,619.73, signaling a short squeeze that may cause short-term bullish pressure; watch for volume and structural confirmation before trading.
Read full + analytics
buy
ETH

ETH $109K Short Liquidation at $4,616.90 — Short Squeeze, Watch for Follow-Through

A $109K short liquidation in Ethereum at $4,616.90 signals short-squeeze-driven upside; watch for volume and sustained price action above $4,600 before adding exposure.
Read full + analytics
watch
ETH

Ethereum Short Liquidation Signals Short-Squeeze Momentum

A $109K short liquidation on Ethereum at $4,616.90 points to short-covering and short-term bullish pressure; watch for volume confirmation before entering.
Read full + analytics
buy
ETH

Ethereum Short Liquidation at $4,616.90 Signals Short-Squeeze Potential

A $109,000 short on Ethereum was liquidated at $4,616.90, suggesting short-covering and potential near-term bullish momentum if follow-through appears.
Read full + analytics
watch
ETH

Ethereum Shorts Liquidated $105K at $4,610 — Monitor for Follow‑Through

A $105K Ethereum short was liquidated at $4,610, signaling short-covering and temporary upward pressure; watch for volume and follow-through before committing.
Read full + analytics
watch
ETH

Ethereum short liquidated at $4,610 — watch for follow-through

A $105K ETH short was liquidated at $4,610, signaling a short squeeze and short-term bullish pressure; monitor volume and price confirmation.
Read full + analytics
buy
ETH

ETH Short Liquidation at $4,610 Signals Bullish Momentum

A $105K ETH short was liquidated at $4,610, suggesting short-covering and potential bullish momentum; watch for follow-through before committing.
Read full + analytics
watch
ETH

ETH Bullrun Tests Early Distribution — Watch for Confirmation

Ethereum shows early selling pressure as rallies lose breadth and exchange inflows rise; traders should watch support and avoid chasing highs.
Read full + analytics