Prints

TL;DR ETH forms a bullish engulfing candle near $4,200, signaling renewed demand and trend continuation. Open interest hits record $28B, with traders heavily positioned for Ethereum’s next major move. Whales and the U.S. government accumulate ETH during dips, reducing supply and strengthening the market outlook. Bullish Candle Formation Signals Renewed Demand Ethereum (ETH) has printed […]

[PRESS RELEASE – Dubai, United Arab Emirates, May 21st, 2024] Bybit, one of the world’s top three crypto exchanges by volume, experienced a surge in trading volume on the popular ETH/BTC pair on the back of news that US regulators may approve an Ethereum ETF soon. Following the news, traders potentially profited from ETH’s impressive