Ethereum chart Archives - Coin Engineer

Early Ethereum ICO Investor Moves Coins After Years!

Yeliz Akmaca — Thu, 11 Dec 2025 13:30:18 +0000

One of Ethereum earliest ICO participants moved a small portion of long-held Ether. According to Onchain Lens data, the wallet labeled “ETH Millionaire” originally purchased 850 ETH for just $264 during the ICO. Today, that stash is worth approximately $2.82 million, representing a 10,663x return on the initial investment.

In the latest activity, the wallet transferred 22 ETH. Of this amount, 21 ETH went to a Coinbase-linked deposit address, while 1 ETH was sent to a new wallet. The remaining 828 ETH stayed in the original address, highlighting that most early investors continue to hold their coins untouched.

Whales Accumulate Despite Market Volatility

Santiment data shows that Ethereum whales, holding between 10,000 and 100,000 ETH, accumulated over 800,000 coins in the past month. Despite market swings, major holders appear to be buying dips rather than reducing their positions.

Key takeaways from whale activity include:

Long-term holders using market volatility as a buying opportunity
Overall whale balances steadily increasing
Price fluctuations not affecting large holders’ strategies
Liquidity testing done with small transfers

Weekly Chart Indicates Potential Long-Term Bullish Base

Ethereum’s weekly chart shows signs of a potential inverse head-and-shoulders pattern. Analyst Merlijn The Trader noted that the left shoulder formed after the early 2024 rally, while the head appeared during a sharp decline. The current rebound is shaping the right shoulder.

This technical formation suggests ETH may be establishing a long-term support base. Confirmation requires a clear breakout above the resistance zone, but the pattern signals that long-term investors are preparing for potential upward momentum.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Early Ethereum ICO Investor Moves Coins After Years! appeared first on Coin Engineer.

Ethereum Breaks Key Resistance: Are Altcoins About to Rally?

Yigit Taha OZTURK — Thu, 10 Jul 2025 12:30:54 +0000

After a period of silence in the crypto markets, excitement is building once again — and this time, all eyes are on Ethereum. With the recent breakout from a tight price range, altcoin investors are beginning to feel a renewed sense of optimism.

Expectations had been high, but the market needed a spark. That spark arrived yesterday evening, as ETH decisively broke through a key resistance zone and followed it up with a strong bullish candle.

Resistance Broken, Market Awakens

In our previous analysis, we highlighted the 2,697$ – 2,633$ range as a major resistance area. Ethereum not only tested this zone but broke through it with conviction. What followed was a clear bullish momentum, suggesting buyers have regained control.

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There was anticipation that the price could move directly to 2,880$, and ETH indeed made a swift move toward 2,840$ before encountering some mild resistance. The slight pullback that followed may simply be a healthy correction in the context of a larger uptrend.

ETH/USDT pair 4-hour chart.

Sideways Movement Could Benefit Altcoins

Currently, ETH is consolidating near the 2,800$ level. If this sideways action continues, it could open the door for capital rotation into altcoins. As attention briefly shifts away from Ethereum, we may see fresh momentum in the broader market.

Over the next few days, the key factor to watch will be whether ETH continues to move sideways or sets up for another breakout — either direction could be pivotal for the market’s next phase.

The post Ethereum Breaks Key Resistance: Are Altcoins About to Rally? appeared first on Coin Engineer.

The Giant Is Winding Up: A Breakout Looms for Ethereum

Yigit Taha OZTURK — Fri, 20 Jun 2025 11:00:26 +0000

In times when the crypto market seems relatively quiet, some assets are quietly gearing up for their next major move. One such example is Ethereum, currently trading within a well-defined triangle pattern that has caught the attention of technical analysts.

These consolidation patterns often precede sharp breakouts, especially when price action nears critical support or resistance levels. Right now, Ethereum appears to be on the brink of such a breakout.

Key Resistance Under Pressure

The upper boundary of the triangle—marked around $2,550—is being tested. If we see a solid 4-hour candle close above this level with supporting volume, a move toward the $2,650 mark could follow swiftly. This would signal renewed momentum for the bulls.

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However, volume confirmation is essential. Without it, there’s a risk of a false breakout, potentially trapping over-leveraged traders.

Downside Risk Still Lingers

Conversely, if Ethereum breaks down from the lower end of the triangle, the price could swiftly retreat to the $2,350 level. Short-term traders should closely monitor their stop-loss placements to manage risk accordingly.

While the direction isn’t confirmed yet, the breakout is likely near. Traders would be wise to watch support and resistance levels closely.

ETH/USDT pair 4-hour chart.

The post The Giant Is Winding Up: A Breakout Looms for Ethereum appeared first on Coin Engineer.

Ethereum Retreats After Resistance Break: Support in Focus Again

Yigit Taha OZTURK — Wed, 11 Jun 2025 15:00:58 +0000

In our previous analysis, we noted a bullish breakout in Ethereum with a potential target of $3,000. While the resistance zone was initially overcome, the price failed to sustain momentum and began retreating from the $2,850 level.

Breakout Fades, Profit-Taking Recommended

Ethereum did manage to breach a key resistance zone but has since fallen back, raising concerns of a re-entry into the previously broken range. For traders holding long positions, this could be a good opportunity to take profits and reduce exposure.

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With market uncertainty growing, the sustainability of the recent breakout is now in question. All eyes are on the next key level.

$2,650 Support Is Crucial — $2,500 Next If Lost

The $2,650 level remains a vital support zone for Ethereum. If this level fails to hold, the decline could deepen toward the $2,500 mark.

Traders should closely monitor daily closing candles and volume dynamics. A high-volume sell-off could accelerate the correction. Conversely, a strong bounce and stability above $2,850 would be needed to resume the bullish outlook.

ETH/USDT pair 4-hour chart.

The post Ethereum Retreats After Resistance Break: Support in Focus Again appeared first on Coin Engineer.

Ethereum Rejected by Resistance: Eyes on Critical Support!

Yigit Taha OZTURK — Fri, 02 May 2025 16:00:37 +0000

Ethereum (ETH) has shown increased volatility in recent days. The price climbed above $1,821, reaching the analysts’ target zone near $1,870. However, a sharp rejection from this resistance level sent the price downward again, now testing support at $1,821.

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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.

ETH/USDT pair 4-hour chart.

$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.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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