Four signs that show Ethereum's rally is exhausted at $2.4K

Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals.

Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals.

A slowdown in profit-taking and reclaiming $88,000 as support are prerequisites for BTC to confirm cycle bottom.

Ether could rise as high as $3,500 in the coming days, fueled by rising balances in Ethereum accumulation wallets and a strengthening technical structure.

Bitcoinβs onchain data suggests that the upside may not be over for BTC price, but resistance at $84,000 could delay the recovery.

XRP price broke out of a multi-month bull flag, while other chart technicals are also supporting more upside in the near term.

Accumulation by long-term Bitcoin holders, buying by institutional investors and a strengthening technical structure could fuel BTCβs price rise to $95,000 or higher.

Ethereum investors are no longer in the red, increasing the chances of a rally to $3,000, but resistance at $2,800 may delay recovery.

Bitcoinβs rally on Monday pushed it above $80,000 for the first time since January as analysts say BTC price could rise further to fill the futures gap at $84,000 in the short term.