Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely

Ethereum Price Hovers Below $3,500 as BlackRock ETF Shows Zero Outflows

Key Insights: Ethereum price correction aligns with bearish divergence on lower timeframes. Global liquidity supports a bullish ETH outlook despite current volatility. BlackRock ETH ETF stability signals strong institutional confidence in Ethereum. Ethereum price has slipped below the $3,500 mark shortly after a surge in network activity was observed. Daily active addresses on the Ethereum blockchain soared to 841,100, marking the highest count…

Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely - Coin Surges

A breach of the $4,000 mark for the Ethereum price has looked almost like a certainty over the past two weeks, with the altcoin hovering around $3,900 in the last few days. However, this almost-certain event took a different turn after the price of ETH suddenly succumbed to severe bearish pressure. On Friday, August 1, the Ethereum price suffered a significant downturn, briefly falling below the $3,500 mark. While this has cast doubts on the lik…

Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely

A breach of the $4,000 mark for the Ethereum price has looked almost like a certainty over the past two weeks, with the altcoin hovering around $3,900 in the last few days. However, this almost-certain event took a different turn after the price of ETH suddenly succumbed to severe bearish pressure. On Friday, August 1,...

Ethereum Price Prediction: Galaxy Digital CEO Targets New Highs in 2025

Sharing his outlook on social media, Novogratz dismissed the idea that Ethereum’s current “quadruple top” formation is a classic bearish setup. Instead, he sees it as a pattern that often leads to a short pullback before a fresh rally. “We’re in the $3,000–$4,000 zone now,” he noted, “but my instinct says we’ll be above $4,000 by year-end, not below $3,000.” His stance builds on earlier comments to CNBC, where he suggested Ethereum could outperf…

Ethereum Hits Major 2025 Year Peak Despite Price Dropping to $3,500

Ethereum reached major yearly record just before price went down