ETH Weekly Developments: Sell-offs and Technical Analysis
The post ETH Weekly Developments: Sell-offs and Technical Analysis appeared on BitcoinEthereumNews.com.
Vitalik Buterin’s ETH Sales and Market Impacts This week, claims of a ’10 AM Bitcoin dump’ targeting Jane Street spread on social media, but analysts showed the data was inconsistent. US spot Bitcoin ETFs saw $1 billion in inflows over three days after five weeks of outflows; Thursday had $254 million inflow (Farside). Ethereum co-founder Vitalik Buterin sold 17,000 ETH in one month after allocating $45 million to privacy projects, reducing his balance from 241,000 to 224,000 ETH (Arkham). Bitmine Immersion Technologies faced a $8.8 billion paper loss against a $3,843 cost basis amid ETH’s 60% drop but continued buying. ETH Dominance in DeFi: Aave and Curve Developments Aave broke records in DeFi by reaching $1 trillion in cumulative lending volume; founder Stani Kulechov emphasized institutional expansion. Curve Finance founder Michael Egorov advocated transitioning DeFi from token emissions to real revenue. Most of the top 100 cryptos closed in the green; Pippin +55%, Decred +44% (Cointelegraph, DefiLlama). Latest news: UAE’s $272 billion bank is increasing crypto assets, BTC PERP recovered 8.4%, GD Culture is financing stock buys with 7,500 BTC. ETH Technical Outlook and Support/Resistance Levels ETH price 1,920.31 USD (-5.27% 24h), RSI 38.71 (oversold signal), downtrend. EMA20: 2,045$. Supports: S1 1,864$ (strong, ⭐), S2 1,285$ (medium). Resistances: R1 1,942$ (strong ⭐), R2 2,022$ (strong ⭐). Visit ETH detailed analysis and ETH futures pages for detailed review. Supertrend bearish, recovery possible with R1 breakout. BTC spot analysis influences market sentiment. Senior Technical Analyst: James Mitchell 6 years of crypto market analysis This analysis is not investment advice. Do your own research. Source: https://en.coinotag.com/eth-weekly-developments-sell-offs-and-technical-analysis
Filed under: News - @ February 27, 2026 8:26 pm