The Ethereum (ETH) price has bounced back strongly after finding support near $1,550, bringing the token to a crucial resistance around $1,800. The recovery has improved market sentiment, but buyers now face a key hurdle that has previously triggered selling pressure.
Bitcoin has dropped 2% today, slipping close to $61,000 after the largest corporate holder of Bitcoin Strategy announced its biggest Bitcoin sale since 2020. The company sold 3,588 BTC worth $216 million, raising concerns among investors. Well-known traders are saying that this is just a short-term dip, a bigger crash is coming.