Global Bond Selloff Pressures Stocks as Rising Oil Prices Fuel Inflation Fears 
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K 
Silver Sheds Gains in Gold’s Wake as Bears Probe Key $74.50 Support; Sell-on-Rallies Eyes $70 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
Spying, Southampton and economic pressure cooker of the ‘richest match in football’ 
Ethereum Daily active addresses
User activity on the Ethereum network has recently spiked, reflecting a significant increase in engagement among users. Over the past week, the number of unique addresses involved in transactions surged by 21%, reaching approximately 362,000 active addresses. The daily transactions also jumped 8% during the same period. Amidst a surge in user activity and strong Bitcoin, Ethereum prices remain bullish above $2500.
ETH reserves-
Ethereum reserves on centralized exchanges have dropped to approximately 11.7 million ETH, the lowest since 2016. This represents a decline from about 14 million ETH at the beginning of 2024, indicating a decrease of over 15% in just a few months. This implies less ETH availability and is positive for ETH in the short term.
The intraday bullishness is possible if it holds above $2550.On the higher side, the near-term resistance is 2550. Any significant jump above targets $2705/$2820/ $3000/$3200. Significant bullish continuation only above $3400.
The immediate support is around $2300. Any breach below $2500 confirms bearish continuation. A dip to $2100/$2000/$1800/$1500 is possible. A violation below $1500 will drag the Ethereum to $1000.
It is good to buy on dips around $2500 with SL around $2300 for TP of $2820.
