6-26
Ethereum retests $1,550 as $349.17 million in ETH liquidations fuels renewed selling pressure
Ethereum investors may be better served by staying patient rather than taking a bullish or bearish directional bet. Data cited in the report point to potential for intensified selling pressure as ETH retests key support. Signals tied to exchange flows and network activity suggest adoption has softened. Analysts said a shift in stablecoin inflows to exchanges could become a bullish turning point, but that condition has not yet appeared.
ETH
ETH+0.49%
6-26
6-14
Terra Classic (LUNC) rises 34% since June 6 low as $0.0001 comes into view
Terra Classic (LUNC) has gained 34% from its June 6 low, outperforming Bitcoin's 8.10% rise and the altcoin market's 6.24% increase over the same period. After reclaiming $0.0000688 as support, LUNC bounced to around $0.000075, with a higher-timeframe structure pointing to $0.0001-$0.000123 if momentum holds. Traders are watching weakening Binance spot volume since June 7 and the risk that a Bitcoin sell-off could derail the move.
LUNC
LUNC-1.12%
6-14