ETC abnormal, up 18.73% in 24H
2025-07-18 10:21
OKX - ETC is currently priced at $23.68, with a 24-hour increase of 18.73%. 24-hour transaction volume of 1.2 billion US dollars, an increase of 154.72%, for reference only
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OKX - ETC is currently priced at $23.68, with a 24-hour increase of 18.73%. 24-hour transaction volume of 1.2 billion US dollars, an increase of 154.72%, for reference only
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Detailed analysis of ETH's recent situation and future trends in the live broadcast room, implementing long-term order layout! Ethereum surged 10% in 24 hours, breaking through $3600, igniting a new market cycle with institutional frenzy >>Price and trading volume reach new highs for the year: On July 18th, the price of Ethereum (ETH) broke through the $3600 mark, soaring 10% within 24 hours and expanding its weekly increase to 25%, outperforming Bitcoin's 13% increase during the same period. Its market value climbed to $433.6 billion, with daily trading volume surging by 11% to $52.6 billion, reaching its highest level since January of this year. >>Institutional capital is aggressively sweeping up inventory: ETF funding flood: The net inflow of US spot Ethereum ETFs reached $727 million in a single day (July 17), setting a historical record. The total net inflow has accumulated $3.27 billion since its approval in May, becoming the core upward driving force. Listed company "ETH Reserve Competition": Nasdaq listed company SharpLink Gaming invested $68.38 million to increase its holdings of 20279 ETH, with a total holdings exceeding 321000 (worth over $1 billion), surpassing the Ethereum Foundation to become the world's largest ETH holding entity; WLFI, a financial project supported by the Trump family, has simultaneously increased its holdings by $10 million. The derivatives market is heating up: In July, the open interest contracts of Ethereum futures surged by 1.84 million ETH, but the funding rate remained neutral, indicating that leverage risk is controllable. >>Short positions have been wiped out, and the market structure has shifted: In the past 24 hours, $167 million of ETH short positions have been forcibly liquidated, accounting for 66% of the total liquidation amount across the entire network. The daily trading volume of ETH spot once surpassed Bitcoin (109 billion US dollars) by 132 billion US dollars, marking the first time of the year and releasing a signal of "ETH dominating the market". >>Technical and on chain indicators point to new highs: Pledge lock up exacerbates scarcity: After Pectra's upgrade, 1.51 million new ETH have been pledged since June, with a total volume exceeding 36 million (accounting for 29% of the liquidity), significantly reducing selling pressure. Key resistance breakthrough: ETH successfully stabilizes at the 0.786 Fibonacci retracement level (3220), with a short-term target of 3600. If we replicate the 75% increase pattern after similar reserve levels in October 2024, we may challenge the historical high of 4541 in the medium term. >>Driving Logic: Regulation, Narrative, and Ecological Resonance: Regulatory breakthrough: If the GENIUS stablecoin bill passed by the US Senate is approved by the House of Representatives, it will strengthen ETH's position as a "digital financial infrastructure" and attract institutions such as PayPal to issue ETH on chain stablecoins; Value narrative upgrade: Three pillars established - stablecoin settlement layer (accounting for 54% of issuance), sovereign digital economy (carrying $19 billion DeFi loans), and high-yield "digital oil" (with an annual inflation rate of only 1.51%). Market outlook: If ETH closes above 3470 on a weekly basis, it will confirm a breakthrough in the 16 month downward trend, with the next target reaching 4100. But be cautious that if it falls below the 2500 support level, it may trigger a pullback to 2110. Institutions are running into the market, regulatory swords are cutting, and Ethereum is transforming from a "dormant whale" to a new engine in the cryptocurrency market - a bull market driven by fundamentals has begun. Operation suggestion: BTC 119000 long, first target watch 1198500, second target watch 121000; ETH 3590 long, first target 3650, second target 3690. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
Golden Finance reported that the Atlanta Fed's GDP Now model predicts a US GDP growth rate of 2.4% in the second quarter, which is consistent with previous expectations. (Golden Ten)
BlockBeats News: On July 18th, Glassnode announced that the speed of Bitcoin Whale transferring funds to trading platforms is accelerating. The 7-day moving average is approaching approximately 12000 bitcoins - one of the highest transfer volumes of the year, comparable to the surge in early November 2024. Although still below last year's peak, this is likely to indicate a trend of capital rotation or profit taking.
The current price of ETH is $3638.10, with a 7.49% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 14.94 million US dollars, with the main liquidation being short orders and ETH liquidation being 3.86 million US dollars (25.83%). The data is for reference only.
Odaily Planet Daily News: Nasdaq listed company BIYA announced that it has signed a strategic merger framework agreement with Dubai technology company Starfish, intending to acquire all of its equity and core assets, including the decentralized liquidity platform UpTop. Me based on BNB Chain and its technology IP and operations team. BIYA plans to complete a comprehensive transformation towards encrypted digital assets and fintech through this merger, which is expected to bring approximately $15 million in new profits.