www.newsbtc.com
Open in
urlscan Pro
192.0.66.182
Public Scan
Submitted URL: https://email.analystratings.net/ls/click?upn=u001.WeKo-2BCuHku2kJmVIsYmGxkqAh6TTI0mQ8DwX19hrg25AmGSZbnD9oqg7-2FSfZfEiUQrG-2FOgZK...
Effective URL: https://www.newsbtc.com/news/ethereum/sell-pressure-rises-as-ethereum-tests-4000-resistance-whats-next-for-eth/
Submission: On December 08 via api from BE — Scanned from US
Effective URL: https://www.newsbtc.com/news/ethereum/sell-pressure-rises-as-ethereum-tests-4000-resistance-whats-next-for-eth/
Submission: On December 08 via api from BE — Scanned from US
Form analysis 3 forms found in the DOM
GET https://www.newsbtc.com/
<form action="https://www.newsbtc.com/" method="get" class="jeg_search_form" target="_top">
<input name="s" class="jeg_search_input" placeholder="Search..." type="text" value="" autocomplete="off">
<button aria-label="Search Button" type="submit" class="jeg_search_button btn"><i class="fa fa-search"></i></button>
</form>GET https://www.newsbtc.com/
<form action="https://www.newsbtc.com/" method="get" class="jeg_search_form" target="_top">
<input name="s" class="jeg_search_input" placeholder="Search..." type="text" value="" autocomplete="off">
<button aria-label="Search Button" type="submit" class="jeg_search_button btn"><i class="fa fa-search"></i></button>
</form>POST /news/ethereum/sell-pressure-rises-as-ethereum-tests-4000-resistance-whats-next-for-eth/
<form method="post" enctype="multipart/form-data" id="gform_1" action="/news/ethereum/sell-pressure-rises-as-ethereum-tests-4000-resistance-whats-next-for-eth/" data-formid="1" novalidate="">
<div class="gform-body gform_body">
<ul id="gform_fields_1" class="gform_fields top_label form_sublabel_below description_below validation_below">
<li id="field_1_1" class="gfield gfield--type-email gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_1_1"><label
class="gfield_label gform-field-label" for="input_1_1">Email<span class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></label>
<div class="ginput_container ginput_container_email">
<input name="input_1" id="input_1_1" type="email" value="" class="medium" placeholder="Email address" aria-required="true" aria-invalid="false">
</div>
</li>
<li id="field_1_2" class="gfield gfield--type-checkbox gfield--type-choice gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible"
data-js-reload="field_1_2"><label class="gfield_label gform-field-label screen-reader-text gfield_label_before_complex"><span class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></label>
<div class="ginput_container ginput_container_checkbox">
<ul class="gfield_checkbox" id="input_1_2">
<li class="gchoice gchoice_1_2_1">
<input class="gfield-choice-input" name="input_2.1" type="checkbox" value="I consent to my data being collected and stored" id="choice_1_2_1">
<label for="choice_1_2_1" id="label_1_2_1" class="gform-field-label gform-field-label--type-inline">I consent to my data being collected and stored</label>
</li>
</ul>
</div>
</li>
<li id="field_1_3" class="gfield gfield--type-honeypot gform_validation_container field_sublabel_below gfield--has-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_1_3"><label
class="gfield_label gform-field-label" for="input_1_3">Comments</label>
<div class="ginput_container"><input name="input_3" id="input_1_3" type="text" value="" autocomplete="new-password"></div>
<div class="gfield_description" id="gfield_description_1_3">This field is for validation purposes and should be left unchanged.</div>
</li>
</ul>
</div>
<div class="gform_footer top_label"> <input type="submit" id="gform_submit_button_1" class="gform_button button" value="Sign Up"
onclick="if(window["gf_submitting_1"]){return false;} if( !jQuery("#gform_1")[0].checkValidity || jQuery("#gform_1")[0].checkValidity()){window["gf_submitting_1"]=true;} "
onkeypress="if( event.keyCode == 13 ){ if(window["gf_submitting_1"]){return false;} if( !jQuery("#gform_1")[0].checkValidity || jQuery("#gform_1")[0].checkValidity()){window["gf_submitting_1"]=true;} jQuery("#gform_1").trigger("submit",[true]); }">
<input type="hidden" class="gform_hidden" name="is_submit_1" value="1">
<input type="hidden" class="gform_hidden" name="gform_submit" value="1">
<input type="hidden" class="gform_hidden" name="gform_unique_id" value="">
<input type="hidden" class="gform_hidden" name="state_1" value="WyJbXSIsImUxMjcyNmUzYTFiMGQyY2ZiZDg5MTM1ZTRmZWZkZTdlIl0=">
<input type="hidden" class="gform_hidden" name="gform_target_page_number_1" id="gform_target_page_number_1" value="0">
<input type="hidden" class="gform_hidden" name="gform_source_page_number_1" id="gform_source_page_number_1" value="1">
<input type="hidden" name="gform_field_values" value="">
</div>
<p style="display: none !important;" class="akismet-fields-container" data-prefix="ak_"><label>Δ<textarea name="ak_hp_textarea" cols="45" rows="8" maxlength="100"></textarea></label><input type="hidden" id="ak_js_1" name="ak_js"
value="1733626463434">
<script>
document.getElementById("ak_js_1").setAttribute("value", (new Date()).getTime());
</script>
</p>
</form>Text Content
Ad
Traders Invest $ 100,000+ Into $WEPE Get in EARLY and get Access To Private
Trading Community!
Buy $WEPE
No Result
View All Result
* Cryptocurrency News
* Bitcoin News (BTC)
* Ethereum News (ETH)
* Ripple News (XRP)
* Shiba Inu News (SHIB)
* Cardano News (ADA)
* Dogecoin News (DOGE)
* Solana News (SOL)
* Litecoin News (LTC)
* Avalanche News (AVAX)
* Polygon News (MATIC)
* Crypto Prices
* Binance Coin (BNB) Price
* Bitcoin (BTC) Price
* Cardano (ADA) Price
* Chainlink (LINK) Price
* Dogecoin (DOGE) Price
* Ethereum (ETH) Price
* Litecoin (LTC) Price
* Polkadot (DOT) Price
* Crypto Resources & Directory
* All Crypto
* Play GamesTry
* Stake: 200% BonusWin
* CasinosTry
Breaking News: Michael Saylor Predicts Bitcoin Market Cap Of $280 Trillion By
2045—What Will The Price Be?
* Cryptocurrency News
* Bitcoin News (BTC)
* Ethereum News (ETH)
* Ripple News (XRP)
* Shiba Inu News (SHIB)
* Cardano News (ADA)
* Dogecoin News (DOGE)
* Solana News (SOL)
* Litecoin News (LTC)
* Avalanche News (AVAX)
* Polygon News (MATIC)
* Crypto Prices
* Binance Coin (BNB) Price
* Bitcoin (BTC) Price
* Cardano (ADA) Price
* Chainlink (LINK) Price
* Dogecoin (DOGE) Price
* Ethereum (ETH) Price
* Litecoin (LTC) Price
* Polkadot (DOT) Price
* Crypto Resources & Directory
* All Crypto
* Play GamesTry
* Stake: 200% BonusWin
* CasinosTry
No Result
View All Result
Breaking News: Michael Saylor Predicts Bitcoin Market Cap Of $280 Trillion By
2045—What Will The Price Be?
SELL PRESSURE RISES AS ETHEREUM TESTS $4,000 RESISTANCE—WHAT’S NEXT FOR ETH?
Samuel Edyme
15 hours ago
3 mins read
Este artículo también está disponible en español.
After months of struggling below the $4,000 price mark, Ethereum finally
breached this notable resistance level on December 6, with a current trading
price of $4,003, increasing by 2.7% in the past day.
However, while this milestone has generated optimism among investors, market
metrics indicate potential risks of profit-taking and corrections.
RELATED READING
ETHEREUM CROSSES $3,800: IS THE ‘GOD CANDLE’ NEARING? ANALYSTS WEIGH IN
2 days ago
ANOTHER MAJOR CORRECTION INCOMING?
A CryptoQuant analyst known as ShayanBTC has recently shared insights into
Ethereum’s futures market behavior, highlighting a key indicator that suggests
caution might be warranted.
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Play
Now!
According to the analyst, Ethereum’s Taker Buy/Sell Ratio, a critical metric for
analyzing market sentiment, has shown a substantial increase in sell-side
activity. This development aligns with Ethereum’s approach to the $4,000
resistance level.
The metric, which measures the aggressiveness of buyers versus sellers in
futures markets, reveals that sellers increasingly dominate trades as the price
edges upward.
Shayan disclosed that Ethereum’s futures market participants appear to be
locking in profits or preparing for a potential price correction.
The Taker Buy/Sell Ratio has reached its lowest point in several months,
indicating that market participants are leaning toward a risk-off stance.
Ethereum Taker Buy/Sell Ratio. | Source: CryptoQuant
This trend suggests that the aggressive futures market sell orders could slow
Ethereum’s upward momentum, paving the way for a potential pullback or
consolidation phase.
The analyst particularly wrote:
> The drop in the Taker Buy Sell Ratio implies a possible slowdown in upward
> price movement as more market participants take a risk-off approach. This
> aligns with anticipating a price pullback or a correction phase, making it
> crucial for traders to monitor the futures market for further developments.
WHAT NEXT FOR ETHEREUM?
At the time of writing, Ethereum still hovers above $$4,000, up by 3.1% in the
past day. This price increase has boosted ETH’s market cap above $482 billion as
of today and its daily trading volume to roughly $56.7 billion.
ETH price is moving upwards on the 2-hour chart. Source: ETH/USDT on
TradingView.com
Notably, the drop in the Taker Buy/Sell Ratio highlighted by Shayan reflects an
overall cautious sentiment among futures market participants, often a precursor
to heightened market volatility.
RELATED READING
ETHEREUM TO PULL A BTC 2021-LIKE RALLY? ANALYST SHARES MASSIVE PREDICTION
1 day ago
While this does not necessarily signal the end of Ethereum’s rally, it
highlights the importance of closely monitoring market developments. Should the
selling pressure intensify, Ethereum may experience a price correction, offering
opportunities for new entrants or long-term holders to accumulate at lower
levels.
Meanwhile, from a technical perspective, ETH might be on the verge of a major
rally as it recently formed a golden cross (50DMA and 200DMA) on its price
chart.
> $ETH goldencross (50DMA and 200DMA) has occured!
>
> Last time this happened, #Ethereum was still in consolidation stages of the
> bearmarket but it still went +129%
>
> In the 2021 bullmarket, the last goldencross took #ETH +2,323%
> pic.twitter.com/Wd7GGMc7O4
>
> — venturefounder (@venturefounder) December 6, 2024
Featured image created with DALL-E, Chart from TradingView
Tweet123Share196ShareSend
SAMUEL EDYME
Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and
aspiring trader, Edyme is as versatile as they come. With a knack for words and
a nose for trends, he has penned pieces for numerous industry player, including
AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.
Read more
Edyme’s foray into the crypto universe is nothing short of cinematic. His
journey began not with a triumphant investment, but with a scam. Yes, a Ponzi
scheme that used crypto as payment roped him in. Rather than retreating, he
emerged wiser and more determined, channeling his experience into over three
years of insightful market analysis.
Before becoming the voice of reason in the crypto space, Edyme was the
quintessential crypto degen. He aped into anything that promised a quick buck,
anything ape-able, learning the ropes the hard way. These hands-on experience
through major market events—like the Terra Luna crash, the wave of bankruptcies
in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his
keen sense of market dynamics.
When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting
charts, studying both forex and synthetic indices. His dedication to mastering
the art of trading is as relentless as his pursuit of the next big story. Away
from his screens, he can be found in the gym, airpods in, working out and
listening to his favorite artist, NF. Or maybe he’s catching some Z’s or
scrolling through Elon Musk’s very own X platform—(oops, another screen
activity, my bad…)
Well, being an introvert, Edyme thrives in the digital realm, preferring online
interaction over offline encounters—(don’t judge, that’s just how he is built).
His determination is quite unwavering to be honest, and he embodies the
philosophy of continuous improvement, or “kaizen,” striving to be 1% better
every day. His mantras, “God knows best” and “Everything is still on track,”
reflect his resilient outlook and how he lives his life.
In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps
a touch fierce. He’s neither artistic nor unrealistic, and certainly not
chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme
is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for
a pay cut just to prove a point—(uhhh…). He is like watching your kid take his
first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a
stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.
Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to
you is not to him. He is not the one to take the easy road, and why would he?
That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds”
that resonate deeply with him: “What you think's probably unfeasible, I've done
already a hundredfold.”
PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He
even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate
the opp.
Close
Disclaimer: The information found on NewsBTC is for educational purposes only.
It does not represent the opinions of NewsBTC on whether to buy, sell or hold
any investments and naturally investing carries risks. You are advised to
conduct your own research before making any investment decisions. Use
information provided on this website entirely at your own risk.
RELATED NEWS
SHIBA INU BRACES FOR RALLY – ANALYST SEES 35% PRICE SURGE – DETAILS
This past few days has been quite the week for Shiba Inu, the second-largest
meme coin by market valuation. The...
Christian Encila 6 hours ago
BITCOIN RALLY TO CONTINUE IF THIS LEVEL HOLDS, IS $110,000 THE NEXT STOP?
After surpassing its $100,000 milestone, Bitcoin (BTC) recorded its largest
retrace in the past month before recovering. Amid the flagship...
Rubmar Garcia 12 hours ago
ANALYST CONFIRMS ETHEREUM GOLDEN CROSS AS ETH SURGES PAST $4,000 – IS ALTSEASON
IN SIGHT?
Ethereum (ETH) surged past $4,000 earlier today for the first time since March
2024. Having surpassed a key price level...
Ash Tiwari 14 hours ago
Load More
RELATED NEWS
ETHEREUM PRICE BREAKOUT: CHARTING THE UNCERTAIN PART OF ETH TO $18,000
Scott Matherson 51 minutes ago
COUNTDOWN TO $5 XRP: ENGINEER PREDICTS MILESTONE ON ‘STRONG FUNDAMENTALS’
Christian Encila 2 hours ago
US SPOT BITCOIN ETFS FLIP NAKAMOTO TO BECOME LARGEST BTC HOLDER, HERE’S HOW MUCH
THEY’VE BOUGHT
Scott Matherson 5 hours ago
PREMIUM PARTNERS
TOP BRANDS
BITSTARZ
Review · Visit
SIMPLEFX
Review · Visit
MBIT
Review · Visit
PRESS RELEASES
* IDEGEN: THE VIRAL “AI BABY” GROWING UP FAST...
6 hours ago
* TOP ANALYST THINKS DOGECOIN RALLY MIGHT TAKE A WHILE, BUT...
17 hours ago
* BLOCKCHAIN FORUM IN MOSCOW: MUST-ATTEND GLOBAL CRYPTO EVENT
1 day ago
* XRP AND STELLAR ARE POPULAR INVESTORS PICKS IN THE BULL...
2 days ago
* MEXC BOLSTERS ITS MARKET PRESENCE IN VIETNAM AT VTIS 2024
2 days ago
NEWSLETTER
Be the first to get the latest important crypto news & events to your inbox.
* Email*
* *
* I consent to my data being collected and stored
* Comments
This field is for validation purposes and should be left unchanged.
Δ
ABOUT US
NewsBTC is a cryptocurrency news service that covers bitcoin news today,
technical analysis & forecasts for bitcoin price and other altcoins. Here at
NewsBTC, we are dedicated to enlightening everyone about bitcoin and other
cryptocurrencies.
We cover BTC news related to bitcoin exchanges, bitcoin mining and price
forecasts for various cryptocurrencies.
Disclaimer: The information found on NewsBTC is for educational purposes only.
It does not represent the opinions of NewsBTC on whether to buy, sell or hold
any investments and naturally investing carries risks. You are advised to
conduct your own research before making any investment decisions. Use
information provided on this website entirely at your own risk.
COMPANY
* About Us
* Advertising
* Contact Us
* Privacy Center
SOCIAL
© 2024 NewsBTC. All Rights Reserved.
* Cryptocurrency News
* Bitcoin News (BTC)
* Ethereum News (ETH)
* Ripple News (XRP)
* Shiba Inu News (SHIB)
* Cardano News (ADA)
* Dogecoin News (DOGE)
* Solana News (SOL)
* Litecoin News (LTC)
* Avalanche News (AVAX)
* Polygon News (MATIC)
* Crypto Prices
* Binance Coin (BNB) Price
* Bitcoin (BTC) Price
* Cardano (ADA) Price
* Chainlink (LINK) Price
* Dogecoin (DOGE) Price
* Ethereum (ETH) Price
* Litecoin (LTC) Price
* Polkadot (DOT) Price
* Crypto Resources & Directory
* All Crypto
* Play Games
* Stake: 200% Bonus
* Casinos
Advertise
© 2024 NewsBTC. All Rights Reserved.
This website uses cookies. By continuing to use this website you are giving
consent to cookies being used. Visit our Privacy Center or Cookie Policy. I
Agree
Notifications