Key Ethereum Price Milestones
Record High in ETH Derivatives Liquidation ($375M in Shorts)
- CryptoQuant data shows ETH price surged above $3,450, triggering historic short liquidations
- Total 24-hour ETH liquidation exceeded $520M (primarily short positions)
- Data specifically tracked ETH/USD pairs
Ethereum Market Cap Reaches $149.7B (Global Rank #66)
- Achieved new all-time high in January 2021
- Surpassed major corporations like Anheuser-Busch and Linde
- Price stabilized around $1,270 during this peak
Market Behavior Patterns
Bull Market Indicators:
- Strong rebound from support levels (e.g., $230 support in 2019)
- Sustained upward trend when BTC leads market rallies
Bear Market Signals:
- Sharp 17% single-day drops (August 2018)
- ICO project cashouts contributing to price volatility
- Failed support tests (e.g., $158 level breakdown in 2019)
ETH Price Forecast Methodology
👉 Proven strategies for crypto market analysis
- Track active address metrics (349.4K weekly high for BTC)
- Monitor trading volume trends (21.1% weekly drops signal weakness)
- Analyze support/resistance levels
Historical Performance
| Period | Price Movement | Key Factor |
|---|---|---|
| May 2021 | +23% weekly | Short squeeze |
| Jan 2021 | New ATH | Institutional adoption |
| Aug 2018 | -17% daily | ICO project liquidations |
FAQs
Q: What causes sudden ETH price drops?
A: Typically ICO project cashouts, broken support levels, or broader market corrections.
Q: How does BTC affect ETH price?
A: Positive BTC momentum often lifts ETH, but they can decouple during network-specific events.
Q: What's the most reliable ETH price indicator?
A: Combine on-chain data (active addresses) with technical analysis (support/resistance levels).
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