Ethereum bulls show interest as traders’ confidence in ETH’s .8K level improves

Ethereum bulls show interest as traders’ confidence in ETH’s $1.8K level improves

After a rough couple of months, data suggests that traders are finally becoming comfortable with ETH’s current valuation. Key takeaways: Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return. The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action shows investors are still hesitant to open…

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Bitcoin price pullback to K possible, but onchain data highlights ‘healthy’ market fundamentals

Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals

Bitcoin spot demand could taper off this week, but onchain and technical data highlight healthy fundamentals, which could pave the way to new all-time highs. Key Takeaways: Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued. Standard Chartered estimates a Bitcoin price target in…

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