Ethereum, one of the leading cryptocurrencies in the market, has recently seen a cooling off in spot volume, indicating a potential shift in market dynamics. The volume bubble map shows smaller, neutral-toned clusters, suggesting reduced speculative behavior. This cooling off in volume historically aligns with phases of stabilization rather than heightened volatility, potentially easing intense market swings.
Despite the lack of bullish explosiveness, on-chain metrics show modest growth in user engagement. Daily Active Addresses have risen to 431.2K, with new addresses surging by 13.40% in the last seven days. Zero Balance Addresses have also increased by 25.17%, indicating growing on-chain participation even as the price remains sluggish. This uptick in user activity may lay the groundwork for stronger accumulation in the future.
Ethereum has faced resistance at $1,805, with the price struggling to break above this level. The breakout from a multi-month descending channel marked a notable technical shift, but the RSI is still holding above neutral without aggressive momentum. A clear push above $1,805 could confirm bullish continuation, although sellers are currently active at this zone.
Holder confidence in Ethereum remains strong, as supply on exchanges has dropped sharply to 8.05 million ETH. This trend reflects sustained accumulation and reduced intent to sell, signaling a bullish long-term outlook. Despite short-term price action being capped, the lack of exchange supply limits sudden dump risks and supports price resilience.
The liquidation heatmap on Binance ETH/USDT shows a tight liquidation band between $1,775 and $1,830, with the price trading near the lower edge. Further downside pressure could trigger more liquidations, but a sustained break above $1,830 could lead to cascading short liquidations. Volatility remains high within this narrow corridor, with both buyers and sellers unwilling to give ground easily.
In conclusion, Ethereum’s declining spot volume, consistent exchange outflows, and a steady rise in address activity indicate a stabilizing market. While strong resistance at $1,805 and persistent liquidation clusters may continue to cap upward momentum, attracting stronger demand and flipping this resistance is essential for a sustainable bullish reversal. As the market dynamics evolve, Ethereum holders remain cautiously optimistic about the future of the cryptocurrency. The Benefits of Yoga for Mental Health
Yoga has been practiced for thousands of years and is well-known for its physical benefits, such as increased flexibility, strength, and balance. But what many people may not realize is that yoga also has numerous mental health benefits. In fact, research has shown that practicing yoga can help reduce stress, anxiety, and depression, as well as improve overall mental well-being.
One of the key ways that yoga can benefit mental health is through its focus on mindfulness and meditation. Many yoga poses require a high level of concentration and focus, which can help calm the mind and reduce racing thoughts. Additionally, the deep breathing techniques used in yoga can help activate the body’s relaxation response, leading to a decrease in stress and anxiety levels.
In addition to the physical benefits of yoga, such as improved flexibility and strength, the practice can also help improve mental health by promoting self-awareness and self-compassion. Through regular practice, individuals can become more in tune with their thoughts and emotions, allowing them to better understand and manage their mental health.
Furthermore, yoga can help individuals build resilience and cope with life’s challenges more effectively. By learning to stay present in the moment and focus on the breath, individuals can develop a sense of calm and inner strength that can help them navigate difficult situations with more ease.
Overall, the mental health benefits of yoga are vast and can have a profound impact on overall well-being. Whether you are looking to reduce stress, anxiety, or depression, or simply improve your mental health and well-being, incorporating yoga into your daily routine can be a powerful tool for achieving mental balance and inner peace. So next time you roll out your yoga mat, remember that you are not only benefiting your body but also your mind.