Tag: Crypto

Ethereum (ETH) Prints Bullish Engulfing as Institutions Load Up

TL;DR ETH forms a bullish engulfing candle near $4,200, signaling renewed demand and trend continuation. Open interest hits record $28B, with traders heavily positioned for Ethereum’s next major move. Whales and the U.S. government accumulate ETH during dips, reducing supply and strengthening the market outlook. Bullish Candle Formation Signals...
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Why is the crypto market down today? (Aug. 22)

The crypto market is down today, August 22, as sentiment wanes and participants await Federal Reserve chair Jerome Powell’s speech at the Jackson Hole Symposium. Bitcoin (BTC) dropped to the important support at $112,000, down by 10% from its highest…...
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