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Futures
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Alpha Points
NEW
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NEW
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Top asset management team helps you profit without hassle
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HOT
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Activity Center
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20 USDT
Earn 40% commission or up to 500 USDT rewards
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Gate Blog
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Ethereum Price Forecast: ETH Erases Gains from Trump's Tariff Pause Amid Rising Distribution from Whales:
Ethereum wiped out part of its profits after the suspension of tariffs, as bearish signals returned to the market.
The decrease was partly a result of whale selling activity in the last 24 hours, which led to a reduction of their assets to a five-month low.
Technical indicators for ETH are showing signs of weakness as bulls and bears resume their battle at the support level of $1,500.
Ethereum (ETH) traded near $1,540 in the early hours of Friday after increasing selling activity from whales caused the leading altcoin to lose 4% of its gains following Trump's tariff pause.
#CPI Data Drops