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Coinbase institutional analyst: ETH's upward potential faces strong resistance

Foresight News|7月 31, 2025 13:42

According to Foresight News, Coinbase institutional analyst David Duong stated that the depth of the order book indicates strong resistance to ETH's upward potential: selling liquidity surged in July, 2% to 5% higher than the middle price, consistent with its local high point, forming a strong selling barrier that bulls must overcome.

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Timeline

8月 30, 02:40The market rhythm is very clear now.

8月 27, 14:00Futures market signals signs of Bitcoin sell-off

8月 25, 14:55Bitcoin's flash crash is the largest liquidation since December 2024.

8月 25, 10:59Bitcoin fell to the 110K level

8月 24, 23:30Over $390 million liquidated in the past 4 hours

8月 24, 04:45A bull market won't end without holding cryptocurrencies.

8月 22, 11:36Traders are divided on the market direction.

8月 22, 07:16BTC has been fluctuating.

8月 22, 06:08ETH/USDT pulled back slightly, the trend shows bullishness.

8月 21, 18:35Bitcoin falls below 113K, $28M longs liquidated

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