Ethereum (ETHUSD)

[Marisa2188]

Tesla's stock rose $30 overnight

[Marisa2188]

@TechandBio Looks like you're waiting for the right time to strike, too.

[TechandBio]

ETHU are up nearly 325%

Got to see the angles before they are played!

$ETH

[TechandBio]

Almost 4x at $80.00 in ETHU in a few weeks!

$ETH

[price_and_volume]

Yep, many of us trade both $ETHU & $BITX.

GL!

[TechandBio]

Still holding my ETHU 2x leverged from post split at 22.00 what a run not selling a single share!

$ETH

[Turbomunkey]

Is ETH ever going to unfk itself? It's woefully underperformed compared to BTC.

[Matt24777]

Happy Easter 🕊 

[DonVance]

ETH just hit a multi year low vs BTC.

[HumbleMarkettimer]

Ethereum is getting smoked again. Don't be surprised if takes out those most recent lows in the $1700 in the very near future. In the video I include lower targets based on the charts. Where Ethereum Bottoms

[nowwhat2]

Yes, I have said it before and I'm gonna say it again......

The ONLY freaking thing that anyone NEEDS TO understand is.....














Now I can rightfully (and humbly) make that remark because.......

WHAT ?????.........I'M THE ONLY FREAKING ONE (on this website) WHO'S EVEN NOTICED THIS SITUATION ????

Good Grief !........What a buncha .........wish I could finish that sentance.






ETH 2,000 Baby......LoLoL

[nowwhat2]

Yes, it's........

[nowwhat2]

Gee........What a coincidence




























Thursday March 20th




SATURDAY MARCH 22



















.

[nowwhat2]

Ethereum down 57% from its all-time high, but it’s still worth more than Toyota

https://ih.advfn.com/stock-market/COIN/BTCUSD/crypto-news/95692844/ethereum-down-57-from-its-all-time-high-but-it

Other notable companies currently worth less than the Ethereum network include IBM, McDonald’s, General Electric, Shell and Disney. If Ethereum were a company, it would be the fiftieth largest in the world, just behind Nestlé, with its market capitalization of nearly $256 billion.

Crazy stats !....wtf

[nowwhat2]

Ya' can lead a horse to riches but ya' can't make 'im think.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175954416












5 YEAR








XRP or.....




OR....






XRP 2.52 - ETH 2,000

[price_and_volume]

Noted, up-swings & down-swings.

Is that support? Who knows.

Where to next? I never know that either.

Pick yer spots, take yer shots.

No fear. It works or it doesn't.

GLTA.

(spelled $Ethereum btw, not that its too impt).

[nowwhat2]

[price_and_volume]

Got some breathing room now...

$ETHU got some $2s. Dead-cat or good-entry? Who tf knows... GLTA!

Does this chart of supposed "extreme shorts" matter?

Beats me!

[DonVance]

It's interesting how little activity there is on the eth board on this site. I think that is quite bearish.

[ap17]

could be right.

[price_and_volume]

$ETHU got some $2s. Dead-cat or good-entry?

Who tf knows...

GLTA!

[nowwhat2]

When did he post that ?.......




Answer - YUP !



Guy shouldn't even be ALLOWED to run around posting chit like that !


He's as BAD as all the Pumpers on this site........

Just trying to "defend" thier investment.


.

[DonVance]

[nowwhat2]

Grifter extraordinaire !

[ap17]

Nice bounce here, more to follow when Canada CAVES. Watch for it today. Mexico is what caused the massive recovery today, and for good measure they threw in 10K guards for the border. Sweeeeeeeeeeeeeeeeeet!! Watch the next bounce later today or tommorrow at the latest.

[Stockexpertpro]

ETHT 2x Etherum ETF Watch for a move back over 13$ Trump halts tarrifs on mexico meeting with canda today

[Dogger05]

Is it concerning that Ethereum lost 35,000 validators since trumps election? It seems weird to me, it's about 3%....or was it time for a validator correction as the number of validators had pretty much gone straight up for the past couple years 

[ap17]

SUPPLY SHOCK? ⛈️
Let’s continue with the Ethereum talk.

From the section above we discovered that Ethereum’s price performance paints a very bullish picture.

But Ethereum’s supply side dynamics are also looking extremely good.

First up, we’ve got the amount of Ethereum currently being staked.

Quick Note: Ethereum staking is the process of locking up ETH to support the blockchain's security. Users earn rewards for staking.

If you’d like to learn more about staking, checkout this article.

ETH staked
As of today, there is 54,117,709 ETH being staked.

Here’s the absolutely insane part though…

That’s 45.11% of the ENTIRE CIRCULATING SUPPLY.

Which means that 45.11% of the entire Ethereum supply is in the hands of long-term holders.

And if you can remember back to last week, we broke down the amount of Ethereum sitting on exchanges.

Spoiler alert: There’s only ~10.45% of the total supply available on exchanges.

So here’s the current situation:

Ethereum’s price performance has formed a massive falling wedge pattern

Daily active users and transaction counts are setting new highs

45.11% of the entire supply is locked for staking

The Ethereum ETF flows are starting to tick up

And only 10.45% of the supply is available for sale on exchanges

That sounds like an EXTREMELY bullish set up to us. 😎

[ap17]

BACK FROM THE DEAD 🧟
It’s no secret.

Ethereum has seriously underperformed Bitcoin this year:

Bitcoin: +142.68%

Ethereum +68.45%

This has lead many to declare: "Ethereum is dead."

But according to macroeconomic expert Raoul Pal…

It’s about to explode.

rpaul1
Raoul Pal is a macroeconomic expert with one of the best track records in the space.

Raoul made his first Bitcoin investment in 2013 when it was priced at just ~$200. Even back then, he foresaw its potential, predicting it would eventually reach $100,000.

Safe to say, his predictions are pretty good.

This week, Raoul pointed out Ethereum looks primed for a big move up:

raoulpal12
rpaul1
Ethereum Chart

Raoul is pointing out that Ethereum is forming a massive ‘Falling Wedge’ pattern.

This is a bullish technical trading signal. Typically, when a Falling Wedge breaks, it breaks upwards, explosively:

falling wedge
Backing up Raoul Pal was another macroeconomic expert, Dan Tapiero.

He pointed out that the Ethereum ecosystem has never been more vibrant:

dantapi1
eth1
Both Raoul and Dan are correct.

The future of Ethereum has never been brighter.

Strap in. 🚀

[DonVance]

His Ethereum address is known from the NFT collections he did, for example royalties on the sales go there.

https://uk.investing.com/news/cryptocurrency-news/donald-trumps-crypto-wallet-address-revealed-he-holds-these-cryptos-apart-from-millions-in-ethereum-3126371

[DCALongRun]

https://watcher.guru/news/president-elect-donald-trump-holds-over-5400000-in-crypto

[ap17]

IS ETHEREUM MORE SCARCE THAN BTC? 📉
Today we’ll be checking in on the amount of Ethereum available for sale on exchanges.

Here’s how to interpret this metric:

Decreasing exchange balances: Bullish indicator as it signals a shift towards long-term holding 🐂

Increasing exchange balances: Bearish indicator as coins being transferred to exchanges are more likely to be sold 🐻

onchain
Currently there is 12,617,531 Ethereum available for sale on exchanges.

That’s ~10.45% of the entire circulating supply.

And here’s the thing…

As a percentage, there’s even less Ethereum on exchanges compared to Bitcoin.

As of today, 14.56% of the circulating Bitcoin supply is sitting on an exchange.

Year-to-date, Ethereum exchange balances have decreased by 1,562,946 ETH.

That’s $5.69 billion at today’s prices!

As Ethereum continues to leave exchanges, it signals that investors have a preference for long-term holding.

And with ~89.55% of the supply not sitting on an exchange…

That’s a big deal.

Put simply, there just isn’t that much Ethereum available for sale right now.

[Dogger05]

How is that you know that?

[DonVance]

US president Donald Trump holds ~974.5K eth

[ap17]

WHEN?

[qualityincolor]

Gensler is out!!!

[carlson]

Why are there no recent posts?

[QuantumRogue6]

ETH bounces back to $2,395 support, but Unichain's launch could bring inflation worries. insert-text-here

[nowwhat2]

Update

[ap17]

DON’T COUNT OUT ETHEREUM 🧠
It’s easy to hate on Ethereum right now.

The Ethereum / Bitcoin ratio just hit its lowest level in 3 years.

But don’t count Ethereum out just yet.

That’s the latest message out from Matt Hougan.

Matt Hougan
Matt Hougan is the Chief Investment Officer at Bitwise, the 5th largest Bitcoin ETF issuer.

This week Matt broke down why he’s betting on an Ethereum come back:

“It’s cool to hate Ethereum right now. I bet this ends up looking silly.”


Matt Hougan
Why has Ethereum underperformed Bitcoin so much in 2024?

Matt narrows it down to 3 factors:

Election Risk - Bitcoin has largely passed regulatory scrutiny. Ethereum has not. If Harris wins in November and continues the Biden administrations skeptical posture towards crypto, Ethereum could be in trouble.

Rising Competition - Ethereum faces rising competition from newer blockchains that can offer faster & cheaper transactions. For example - Solana.

Mixed ETF results - Although the launch of the Ethereum ETFs were undoubtedly successful, they were not successful on the scale the Bitcoin ETFs were.

However, it’s not all bad.

Ethereum also has major positives:

Stablecoins - Arguably crypto’s best use case, over 50% of all stablecoins are issued on Ethereum.

DeFi - Over 60% of all decentralised finance happens on Ethereum.

Polymarket - One of the biggest applications to come out of crypto settles on Ethereum.

Ethereum has the most active developers, the most active users & its market cap is 5x bigger than its closest competitor.

“Follow the developers”


Cathie Wood - CEO of ARK Invest
Although Ethereum does face some challenges, Matt’s message is clear:

Don’t count out Ethereum just yet.

“I suspect the market may reevaluate Ethereum as we get closer to the November elections and any regulatory clarity that emerges. For now, it looks like a potential contrarian bet through the end of the year.”


Matt Hougan
BASICALLY ZERO… 😱
Continuing on with the Ethereum talk…

Last cycle it wasn’t unheard of to pay $200 in gas fees for high priority transactions.

These extremely high transaction fees were one of the main criticism’s people had against Ethereum.

And rightfully so…

Absolutely no one wants to spend over $200 in transaction fees. 😡

But things have changed…

Layer 2 networks have significantly increased Ethereum’s usability.

Speaking at Token 2049, Vitalik Buterin (Founder of Ethereum) mentioned how cheap transactions have become:

“From being somewhere between $10 and $0.50 to being under $0.01, basically zero.”


Vitalik Buterin
And here’s the chart backing this claim up.

As you can see, transactions fees have essentially gone to zero.

L2 fees
Ethereum Layer 2’s are a game changer when it comes to network scalability.

Perhaps going a bit under the radar, Ethereum’s transaction confirmation time has also seen significant improvements.

Here’s what Vitalik had to say:

“One of the things that the merge did is it also cut in half the average waiting time until the next block… These days I quietly have my transactions confirmed in 5 to 15 seconds.”


Vitalik Buterin
These changes, combined with lower fees, have made the Ethereum network WAY more user-friendly.

And as a result, the number of transactions on Layer 2 networks has exploded. 🚀

L2 transactions
Transaction count of top 3 Layer 2 Networks: 🔵 Base, 🟢 Arbitrum, 🔴 OP

As we broke down in the previous section:

Don’t count out Ethereum just yet.

[nowwhat2]

FOMC in 2 hrs !

[ap17]

ETHEREUM EXCHANGE BALANCES ⚖️
Time to show Ethereum some love.

Today we’ll be checking in on the amount of Ethereum available for sale on exchanges.

Here’s how to interpret this metric:

Decreasing exchange balances: Bullish indicator as it signals a shift towards long-term holding 🐂

Increasing exchange balances: Bearish indicator as coins being transferred to exchanges are more likely to be sold 🐻

onchain
Currently there is 12,078,328 Ethereum available for sale on exchanges.

That’s ~10.05% of the entire circulating supply.

And here’s the thing…

As a percentage, there’s even less Ethereum on exchanges compared to Bitcoin. (We’ll be breaking down Bitcoin’s exchange balances tomorrow)

Over the last 3 months, ETH exchange balances have decreased by ~301,061 ETH. (~$710.63 million)

As Ethereum continues to leave exchanges, it signals that investors have a preference for long-term holding.

And with ~89.95% of the supply not sitting on an exchange…

That’s a big deal.

Put simply, there just isn’t that much Ethereum available for sale right now.

[nowwhat2]

Next weekend.....

[ap17]

IS ETHEREUM DYING? 📉
Ethereum network revenue has plummeted by 99% since March 2024.

And at first glance, that sounds terrible…

But there’s a good reason for this drop in revenue.

Let’s break it down.

ETH revenue
According to data from Token Terminal, network fees hit their highest levels for the year on March 5 at $35.5 million.

Today, network fees are at ~$500,000 per day.

The reason for this is the Dencun upgrade which went live on March 13.

The Dencun upgrade significantly lowered transaction fees on Layer 2 networks.

And as a result, Layer 2’s have been popping off this year.

Take a look at the chart below.

Transaction counts on Layer 2 networks have doubled in the last six months.

L2 transaction
So if Layer 2 network transactions are up, then why is Ethereum revenue down?

Well here’s the thing…

There are a LOT of Layer 2 networks out there right now competing with each other.

And this highly competitive environment has encouraged a race to the bottom with L2’s offering lower and lower transaction fees to customers.

Meaning, fewer users are settling transactions on the Ethereum base layer. (opting to use L2 networks instead)

L2 fees
Ultimately lower transaction fees are a net benefit for users of the Ethereum ecosystem.

However…

Due to the way Ethereum works, less base layer activity mean less ETH being burnt.

(a portion of every gas fee is permanently removed from the ETH supply)

Which results in Ethereum becoming inflationary.

And that’s exactly what is going on right now.

Over the last 30 days, ETH has been inflationary at a rate of 0.71% per year.

ETH inflation
So Ethereum finds itself in a bit of a weird situation right now.

On one hand, network activity on Layer 2 networks is booming due to extremely cheap transactions.

But on the other, ETH is now inflationary and base layer revenue is falling…

For Ethereum revenue to once again increase, layer 2 network would have to continue to increase at an exponential rate.

[nowwhat2]

Weekend Shennanigans......Wow.....Okay.....Thing just totally "gamed" this whole freaking range

[ap17]

HAVE THE ETHEREUM ETFs FAILED? 🏦
BREAKING: Ether ETFs have bled money, but that's not the whole story

ETH
At first glance, it may appear that the Ethereum ETFs have been a failure…

After all, since launch they’ve seen net outflows of $478.2 million.

And with BlackRock’s Bitcoin ETF continually putting up numbers like this…

IBIT
26th August IBIT inflows

It’s hard not to look at the ETH ETFs and think:

What’s going on with them?

ETH
Well according to Nate Geraci, president of the ETF Store, we must look beyond Grayscale’s Ethereum Trust.

And if you do, it paints a very different picture…

If you remove ETHE from the equation, the Ethereum ETFs have experienced net inflows of $2.06 billion.

“The fact that over $2 billion has been purposefully allocated to the other spot ether ETFs is a good sign as it shows that investors want ether exposure… While not the dazzling debut we saw from spot bitcoin ETFs, I think spot ether ETFs have clearly had a successful first month and I expect this to continue.”


Nate Geraci
Geraci believes that the Grayscale outflows muddy the waters, making it difficult to gauge just how much demand there really is.

“We simply don’t know all of the underlying motivations of ETHE sellers, which is why I think it’s important to look beyond that product.”


Nate Geraci
Geraci also pointed out something interesting…

So far BlackRock’s Ethereum ETF has seen just over $1 billion in inflows.

Inflows of this magnitude make it the seventh most successful ETF launch of 2024.

Which is kinda insane when you think about it. (it’s only been trading for just over 1 month)

But, back to the question.

Have the Ethereum ETFs been a failure? 🤔

No. No they haven’t…

After 1 month of trading, the newly launched ETFs have attracted over $2 billion in inflows.

By ETF standards, that is ridiculous and anything but a failure.

[nowwhat2]

A pumpers' worst nightmare......is someone who's actually displaying the truth.





4 days ago (before it spiked up to the (above charts') blue resistance line.....(and now it's at that white dot)

[nowwhat2]

Hey why so now not all that great ????



Awww - There's the answer (the 2725 Level).....2 hours ago






Hey why so now not all that great ????

[nowwhat2]

Pure, Basic, RAW T.A.......
Mob Behaviour Analysis








BTC 8 minutes later......




BTC !.......64 !.......Nowwhat USA !





Just Pure, Basic, RAW T.A. !
Go USA Go !




Mob (mostly Republicans) Behaviour Analysis


.

[nowwhat2]

A glaring Resistance can clearly be seen on this, The Number 2 Crypto Coin



Must bust thru (that there) Resistance.....

And because we're on a Sunday and Monday ?.....Well...... just re-view at that top chart again.



This stuff isn't rocket science / guessing.......and neither is it anything or something like THIS






Those who try to convince you that TA's like that chart, are just simply the greatest and biggest clowns on the planet.

.