Ethereum
ETH
$2003.57
is trading at $2,005, up 0.04% for the day and holding around the middle of today's range $1,991.95 – $2,017.13. ETH remains below its key short-term, medium-term, and long-term moving averages: SMA-20 at $2,117.35, SMA-50 at $2,043.21, and SMA-200 at $3,093.10, indicating ongoing selling pressure across all timeframes.
Ethereum faced liquidations of long positions totaling over $110 million as the Fund continued to implement updates on post-quantum security.
Development activity carried out by projects in the Ethereum ecosystem has increased, reflecting a continued commitment to innovation and network security.
ETH is trading below all key moving averages, and oversold indicators suggest a likely sideways or downward price movement in the range of $1,900–$2,110 next week.$ETH
