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Ahmed Barakat
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Ether’s 10-day 10 ETF ETF rose sharply. The price of Ethereum drops to $2,300 in today’s Asian session, but this does not mean that we are getting bearish predictions.
Spot Ethereum ETFs shed $75.9 million on April 23, abruptly ending a 10-day streak of shedding. Yesterday did not compare well with the previous session $96.4 million in ETH ETF entered. Yesterday was $172.3 million a day’s swing in error.
Meanwhile, Bitcoin ETFs pulled in $223 million on the day, extending their streak to eight days. Strategy’s recent purchase, totaling $2.54 billion, further increased the BTC side of the book.
With a total of $8.6 billion BTC/ETH can be depleted today with Bitcoin dominance at 60%, the ETH/BTC trade has suddenly returned.
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Ethereum Price Prediction: $2,500 A Pipe Dream?
ETH opened today at $2,375 before dropping to $2,310 early in the morning, a move that brought the price back below the $2,400 uptrend level that the bulls needed to bounce back from. Binance analysts point to $2,500 as the most important support point, warning that failure to break resistance could open the way to $2,200.
The 24-hour volume was down 8% to about $17 billion, which could mean that corrections are still ahead. The Fear & Greed Index is at 39 (Fear), better than it was during last month’s panic. RSI registers around 58, neutral, so there is some room to run.
If ETH can take $2,400 one more time and restore volume, not just $2,500, it could retest the upper resistance of $2,800–$3,000.
The expiration of the options on April 24 adds to the short-term volatility. The cost can be controlled on both sides of the site before installing the cleaning process. Pay attention.
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LiquidChain As Liquid as Ethereum ETFs
ETF movements that have ended in the middle of a rally are a useful reminder: even a stock with a stable interest can stand in the wrong direction. Exchanges in old stage plays tend to occur when large objects lose their power in resistance. It is worth considering.
LiquidChain ($LIQUID) is a Layer 3 project that positions itself as a financial platform, combining Bitcoin, Ethereum, and Solana liquidity into a single execution platform. Developers deploy once and get all three live streams at the same time, which addresses one of DeFi’s most controversial issues: liquid distribution on decentralized blockchains.
The Unified Liquidity Layer architecture and the Single-Party Structure are the main differentiators. His sales are up $700K so far at the current price of $0.01452 on the LIQUID indicator. Don’t forget the height 1400% APY staking bonus for first buyers.
Research LiquidChain and review the trading terms here.
