Ethereum retakes the $3000 mark, and against the backdrop of a strong overall market, the trading price reaches $3121. Trader Michael van de Poppe pointed out that Ethereum's price movement structure is healthy, remaining above the 21-day moving average. However, data from CryptoQuant shows that the Coinbase premium gap has turned negative, indicating weak demand from US institutions and raising doubts about whether Ethereum can continue to break through key resistance levels. Additionally, BitMine increased its holdings by 57,600 ETH, bringing its total Ethereum holdings to 965,792 ETH, worth approximately $2.97 billion.

ETH-0,63%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)