Ethereum price analysis: ETH bounces from $1,150, slowly headed lower again?

Ethereum price analysis is bullish today as we have seen a strong retrace slightly above $1,150 end with a slow reversal over the last 24 hours. ETH//USD is now ready to continue even lower and head towards the $900 previous swing low.

Timeline of Ethereum

A dead cat bounce is a transient, short-term recovery of asset prices from a long-term downturn or bear market, followed by the downtrend continuing. Short periods of recovery—or minor rallies—frequently interrupt downtrends, causing prices to momentarily climb. The term “dead cat bounce” refers to the idea that even a dead cat can bounce if it …

Ethereum (CRYPTO: ETH), the second largest cryptocurrency by market cap, is down 7% in the past 24 hours after recovering as much as 30% in recent weeks. The DeFi contagion — a slang used for crashing domino effect on DeFi products — has shortened ETH's recovery as the token now trades more than 70% below its record high with further signs of decline.

Ethereum, the second-largest cryptocurrency by market capitalization, is currently in freefall. Over $124 billion in capital vanished from the Ethereum (ETH) decentralized finance (DeFi) in six weeks.

Ethereum price is again heading close to $1100 as the bears jump in action, restricting the upper resistance just below $1200 levels. After a tough brawl between the bulls and the bears, the bulls finally got exhausted paving way for the bears to drag the ETH price lower. Despite the bearish trend prevailing, the possibility …

After a stellar year in 2021, Ethereum (ETH) reached an all-time high in November when it was trading at around $4,800. This last weekend, it fell to under $1,000 for the first time in over eighteen months. On the face of it, this may seem like a time to stay away from the altcoin and …

At least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be another sign that the top stablecoin's dominance is coming to an end.

The price of Ethereum has recovered from its recent lows, outperforming the price of Bitcoin. The latest Ethereum price surge, according to an independent market analyst, will be a clear fakeout. In a bear market, analysts estimate Ethereum's price might fall to $750, an 85 percent decline from it's all-time high. Ethereum's price has risen …

The top 5,000 whales on the Ethereum ($ETH) blockchain are betting on a number of altcoins aside from ETH itself as the cryptocurrency market rebounds, with their largest non-stablecoin position being in the meme-inspired cryptocurrency Shiba Inu ($SHIB). According to data from whale monitoring service WhaleStats, the largest 5,000 whales on the Ethereum network have

Ethereum [ETH] is taking a bit of a breather after the cryptocurrency market's extended downward spiral. The altcoin king dropped below $1,000 for the first time since January 2021 between 18 June and 19 June.

The Sepolia testnet Beacon Chain goes live, preparing Ethereum developers for what to expect once the complete merge occurs. The Sepolia Testnet Beacon Chain Is Now Live The Beacon Chain on the Sepolia testnet is now operational, paving the way…