Ethereum’s Quiet Phase Masks Underlying Turmoil

While Bitcoin continues its record-breaking rally, Ethereum appears strangely stagnant. The world’s second-largest cryptocurrency has been hovering around $3,550—more than 24 percent below its October peak. Beneath this surface calm, however, significant developments are unfolding that could determine Ethereum’s future trajectory.

Despite the lackluster price performance, substantial accumulation signals are emerging from major investors. Since early October, institutional players have acquired approximately 744,600 ETH valued at roughly $2.53 billion. This substantial buying activity coincides with most Ethereum holders returning to profitability—a condition that historically reduces selling pressure significantly. Adding to the positive indicators, trading volume increased by 8 percent over the past 24 hours, suggesting growing market interest.

The crucial support level Read more...