Long-term holders are less aggressive. The profit-taking rate of investors holding ETH for more than 155 days remains around December 2024 levels. This is 39% lower compared to the highest daily profit-taking average seen last month when ETH was at $3,500. 

ETH price currently trades 12.7% below its November 2021 peak of $4,828. According to CoinGlass, if the price reaches $4,700, around $2.23 billion worth of positions could be liquidated. 

Increasing Institutional Demand Amid Price Resistance 

ETH has recently crossed the $4,300 level multiple times but failed to hold above it. Meanwhile, institutional investors are increasing their Ether holdings. Companies with crypto treasuries now hold a total of 3.04 million ETH, equivalent to about $13 billion. 

Additionally, BitMEX co-founder Arthur Hayes resumed Ethereum buying after selling $10.5 million last week. Hayes’ move is seen as a confidence signal for breaking the critical resistance. 

Santiment analysts note that large institutional buys becoming public could trigger FOMO but may also lead to short-term price pauses or declines. The market remains cautious after failed rallies earlier this year. 

Breaking above the $4,300 resistance zone could create new momentum in the market, opening fresh opportunities for both short- and long-term investors. 

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The post Profit-Taking Surges as Ethereum Tests $4,400! appeared first on Coin Engineer.

Resistance Broken, Trend Line Tested

After successfully reclaiming the 2,450 – 2,405 USD resistance area, ETH first met a descending trendline. From there, the price gained momentum and pushed towards the 2,550 USD level. This move confirmed the bullish setup, giving traders confidence in the previous analysis.

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Support Zone Holding, But Pressure Builds

Currently, the price remains in the support region. However, if this area fails to hold, a pullback toward 2,300 USD could occur. Such a decline would raise red flags for short-term traders looking for stability.

The 2,550 USD level now acts as the immediate resistance. A strong breakout above this zone could signal a continuation of the upward trend, positioning Ethereum for further gains.

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The post Ethereum Holding Support: Can The Rally Continue? appeared first on Coin Engineer.

Ethereum Staking Surges To Record Levels

After reclaiming the $2,700 mark—a level not seen in nearly two weeks—Ethereum has hit another major milestone: a record amount of ETH locked in staking.

According to Beacon Chain, the total amount of Ethereum staked reached 34.65 million ETH, surpassing the previous record set in November 2024. The number had remained relatively stable above 33 million for the past year but began to rise again in June, signaling renewed confidence from long-term holders.

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This trend indicates that more investors prefer staking rewards over potential short-term gains, opting to hold their Ethereum rather than sell at current prices.

Nearly 30% Of Circulating Supply Staked

Both Dune Analytics and Ultrasound.Money confirm that the total staked Ethereum has climbed to around 34.8 million ETH, representing roughly 28.7% of the current 120.8 million ETH circulating supply.

This record coincides with growing anticipation around the potential approval of spot Ethereum ETF staking in the U.S. REX Shares recently submitted a proposal that employs regulatory workarounds, suggesting we might see ETF-based staked ETH products launched in the coming weeks.

Institutional Demand And Price Movement Align

Institutional activity is also ramping up. BlackRock’s iShares Ethereum ETF (ETHA) has logged 23 consecutive trading days without a single outflow, reflecting bullish sentiment in anticipation of regulatory clarity.

The price of Ethereum surged more than 8% on Tuesday, touching $2,700 for the first time since May 29. This level has acted as a resistance point four times in the past month, so a breakout here could signal the beginning of a new upward trend.

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Technical indicators suggest a critical phase is underway for investors. The reaction from the previously marked support zone is giving rise to renewed optimism.

Strong Rebound From Support Zone

As noted in previous analyses, the 2,394$ – 2,265$ support band proved effective. Ethereum bounced back from this level and climbed up to the bearish FVG resistance area. This movement hints at a resurgence of short-term confidence in the market.

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Is The 3,000$ Level Back In Sight?

The key level for continuation lies in the current resistance area. If this region is broken with solid momentum and sustained price action, Ethereum could revisit the 3,000$ target. However, as of now, there’s no clear hold above this resistance, which warrants caution among traders.

In such moments, patience and strategic positioning become crucial. Whether this resistance breaks or holds will likely determine the price direction in the coming days.

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The post Ethereum Tests Resistance: Is A New Rally On The Horizon? appeared first on Coin Engineer.

Rejection From FVG Zone Raises Concerns

Recently, ETH faced a clear rejection from a downward Fair Value Gap (FVG) zone — a key technical level that has historically influenced price direction. Now, the coin is trying to hold above the 2,394$ – 2,265$ support band. A decisive break below this zone could trigger a stronger wave of selling.

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Analysts warn that if this support is lost, ETH may drop to around 2,100$.

Altcoin Long Traders Should Be Cautious

This setup doesn’t just affect Ethereum but casts a shadow over the broader altcoin market as well. Traders opening leveraged long positions should proceed with caution. Sudden wicks and liquidity hunts could result in unexpected losses.

Monitoring not just technical indicators but also market sentiment and volume trends will be key in navigating this phase. Investors are advised to apply strict stop-loss strategies to manage risk effectively in the short term.

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This zone is crucial for short-term traders. If the price fails to hold above this level, a deeper correction could be on the horizon. Technical indicators suggest growing selling pressure.

$1,745 Support Level In Focus

Should Ethereum lose the $1,821 level, the next major support to watch is $1,745. This level previously acted as a strong demand zone, and buyers could step in again. However, unless the broader market shows signs of recovery, the bearish trend may persist.

Traders are advised to be cautious with short-term positions, as $1,821 remains the most critical level for now.

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The post Ethereum Rejected by Resistance: Eyes on Critical Support! appeared first on Coin Engineer.

Bitcoin (BTC/USD) Technical Analysis

In the past 24 hours, Bitcoin has gained 8.61%, currently trading at $89,789. BTC has regained the $86,641 support level and is now inside a bearish FVG (Fair Value Gap) region. If this region is surpassed, the $100,000 target could be reached. However, if BTC loses the $86,641 support, the next support level would likely be the bullish FVG region. The critical point for BTC is the preservation of this support. If it’s lost, a larger decline could occur.

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Ethereum (ETH/USDT) Technical Analysis

Ethereum has gained 6.42% in the last 24 hours, currently trading at $2,207. After bouncing off the $2,037 support, ETH regained the $2,108 support level and is currently above it. The nearest resistance for Ethereum is the bearish FVG region. A breakthrough in this region could see ETH targeting the $2,811 level. If this support is lost, we may witness a pullback to the $2,000 range.

Tether (USDT) Dominance and Crypto Market Overview

Tether Dominance has pulled back to the bullish FVG region after a rejection from the order block. It rose again to the order block resistance but faced another rejection in a short time. If Tether Dominance breaks the order block resistance, the 5.90% level could be the next target. Currently, the dominance rate stands at 4.94%.

Bitcoin and Ethereum continue to be the key players in the market. The price movements of Bitcoin and Ethereum are at critical levels. If these resistance levels are broken, BTC could target $100,000, and ETH could aim for $2,811. However, the loss of support levels could lead to further retracements. Crypto investors should closely monitor these critical levels for BTC and ETH.

In conclusion, the price movements for Bitcoin and Ethereum are at pivotal levels. For an upward trend, resistance levels must be surpassed, while for a downward move, support levels need to hold. Investors should stay vigilant as the market unfolds.

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Bitcoin Key Intraday Levels

The BTC/USD pair has gained 1.79% in the last 24 hours and is currently trading at $85,964. After losing the $92,053 support level, Bitcoin (BTC) retested the area and continued its decline. For BTC to resume its upward movement, it needs to close above the $86,861 resistance level. The key support level to watch is the FVG zone.

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Ethereum (ETH): The ETH/USDT pair has gained 2.87% in the last 24 hours and is currently trading at $2,239. Resistance levels for Ethereum (ETH) are $2,366 first, followed by $2,532. Key support levels are at $2,162 and $2,081.

Grass (GRASS): The GRASS/USDT pair has surged 9.72% in the last 24 hours and is currently trading at $2.5115. Resistance levels for GRASS are $2.5765, followed by $2.7211. Support zones to watch are $2.3678, and if the decline deepens, $2.2643.

Zcash (ZEC): The ZEC/USDT pair has gained 7.92% in the last 24 hours and is now trading at $40.02. Resistance levels for Zcash (ZEC) are at $40.93, followed by $44.26. Support areas include $37.88, with $34.98 as a deeper support level.

NEAR Protocol (NEAR): The NEAR/USDT pair has increased 6.00% in the last 24 hours and is currently trading at $3.253. Resistance levels for NEAR are $3.606, followed by $3.874. Support areas are $3.130, with $2.718 as a deeper support level if the decline continues.

Trending Coins

Over the past 24 hours, the most trending coins in the crypto market include Sonic (S), Hedera (HBAR), and TARS AI (TAI).

The top gainers list features GoPlus Security (GPS), Amp (AMP), and Grass (GRASS).

On the top losers list, MEOW (MEOW), Fartcoin (FARTCOIN), and Dog (DOG) are the biggest decliners.

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the most notable upper-side liquidation stands at $86,668 with $53.92 million. On the lower side, $84,948 holds the same liquidation level of $53.92 million.

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The post The Latest on Bitcoin and Cryptocurrencies: 2 March appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USDT pair has gained 0.55% in the last 24 hours, currently trading at $95,947. Bitcoin (BTC) has broken the resistance level mentioned in our November 27th analysis and is continuing its upward movement. If it keeps rising, it could face resistance in the FVG region, ranging from $96,500 to $98,000. A 4-hour closing above this level will push the price toward the ATH resistance zone. Key support levels are at $94,700 and $91,213.

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Ethereum (ETH): The ETH/USDT pair has lost 1.86% in the past 24 hours and is currently trading at $3,567. Resistance levels for ETH are at $3,649 and $3,886. Support levels are at $3,527 and $3,440.

Algorand (ALGO): The ALGO/USDT pair has surged by 20.37% in the last 24 hours, currently at $0.34. Resistance levels are at $0.36 and $0.39. Support levels are at $0.328, with deeper corrections possible at $0.31.

Artificial Superintelligence Alliance (FET): The FET/USDT pair has gained 10.71% in the last 24 hours, trading at $1.63. Resistance levels are at $1.71 and $1.74. Support levels are at $1.56, with further downside potential at $1.53.

Render (RENDER): The RENDER/USDT pair has increased by 7.47% in the past 24 hours, currently priced at $8.74. Resistance levels are at $8.96 and $9.33. Support levels are at $8.28, with a deeper drop possible at $7.46.

Trending Coins

In the last 24 hours, the most trending coins in the crypto market include Hyperliquid (HYPE), Virtuals Protocol (VIRTUAL), and Grass (GRASS). The biggest gainers include ai16z (AI16Z), Virtuals Protocol (VIRTUAL), and Act I The AI Prophecy (ACT). The biggest losers are Just a chill guy (CHILLGUY), Fwog (FWOG), and Echelon Prime (PRIME).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the key liquidation level on the higher side is $97,844, with $31 million in liquidations. On the lower side, $94,827 is the main liquidation level, with $37 million in liquidations.

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