Bitcoin and Ether draw late shorts as price action begins to target liquidation clusters after a cross-crypto price drawdown. Key points: Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins. Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group. Read more
Ether achieves its highest weekly close in four years, with key support between $4,000 and $4,150 and several resistance levels above. Key takeaways: ETH price hit a 4-year high weekly close at $4,475, driven by ETF inflows and high network activity. A key support zone for Ether sits between support at $4,000 and $4,150. Read more