Joe Biden’s legacy: four successes and four failures 
How religion’s brand became unpopular in Canada 
Artificial intelligence: what five giants of the past can teach us about handling the risks 
Car dealers took secret fees for recommending finance – and consumers could be owed millions 
One way Trump could help revive rural America’s economies 
Bitcoin Climbs Amid Cautious Sentiment Ahead of U.S. Inflation Report 
Bitcoin Surges Past $97K Amid Market Anticipation for U.S. Inflation Data 
FxWirePro-BNBUSD Trade Idea 
XRP Market Buzz: Investor Confidence Grows Amid SEC Developments and Whale Accumulation 
Bitcoin Surges in 2024: Insights from Deutsche Bank on Key Market Trends 
The UK is surprisingly short of water – but more reservoirs aren’t the answer 
Could AI replace politicians? A philosopher maps out three possible futures 
Ethereum Price Movements and Whale Behavior
Ethereum has also witnessed significant price movements lately, particularly when it went below the crucial support point of $3,000. Large investors, termed whales, have bought over 1 million ETH since this correction starting from the start of 2025, meaning they seem to be positive about the market, despite it still being bearish. Overall, since mid-December 2024, the price of Ethereum has crashed almost by 30% entirely because of major falls the majority of that coming from Bitcoin. Not all whales are purchasing, though; there have been selling ETHs for several whales. As an example, one of them sold off 10,070 ETH for around $1 million in lost cash. Such feelings show mixed ones among large investors about the future prices of Ether. This situation points out the accumulation and selling by whales in this market.
ETF Outflows Indicate Shifting Investor Sentiment
In the week ended January 14, 2025, Ethereum ETFs had a massive outflow of $256 million, the largest decline since July 2024. This reflects a change in investor sentiment, which was not due to any problems with Ethereum but due to a general sell-off in tech investments. In contrast, Bitcoin ETFs experienced net inflows of $214 million, showing different trends for the two cryptocurrencies. Steeper U.S. economic indicators tend to strengthen the dollar, lowering crypto prices with it, the overall sentiment over the crypto markets has been suffering from it and reflects a more dynamic approach being taken by the investors while judging the market's conditions.
Technical Analysis: Resistance and Support Levels for Ethereum
ETHUSD pared some of its gains following the footsteps of Bitcoin. Overall trend remains bullish as long as support of $3000 remains intact. The key near-term resistance is at $3400 any breach above targets $3600/$3800/$4000. A robust bullish trend will only materialize above $4100.
Conversely, immediate support is around $2900. Any violation below will drag the price down to $2770/$2500/$2300. A breach below $2000 could see Ethereum plummet to $1,800.
It is good to buy on dips around $3000 with a stop loss of around $2770 for a TP of $4000.
