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Ethereum price started a fresh decline and traded below $1,980. ETH is now consolidating below $2,000 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $2,000. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,010 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,020 zone. Ethereum Price Extends Decline Ethereum price failed to remain stable above $2,020 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,010 and $2,000 levels. The price even traded below $1,980. A low was formed at $1,955, and the price recently attempted a minor recovery wave. There was a move above the 50% Fib retracement level of the downward move from the $2,035 swing high to the $1,955 low. However, the bears remained active near $2,000. There is also a bearish trend line forming with resistance
Read full articleJustin Bons, the CIO of Cyber Capital—described as Europe’s oldest crypto investment fund—used X (previously Twitter) on Monday to deliver a pointed critique of Ethereum (ETH) and its co-founder Vitalik Buterin. Bons said he views the network’s current direction as a “fatal combination,” arguing that what he sees as centralized control is being paired with […]
XRP price extended losses and traded below $1.320. The price is now consolidating losses and faces hurdles near $1.2880 and $1.30. XRP price started another decline and traded below the $1.280 zone. The price is now trading below $1.280 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.30. XRP Price Dips Below $1.280 XRP price failed to stay above $1.320 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.3050 and $1.30 to enter a short-term bearish zone. The price even extended losses below $1.2880. A low was formed at $1.2752, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3642 swing high to the $1.2752 low. The price is now trading below $1.2880 and the 100-hourly Simple Moving Average. If there is a fresh
Bitcoin price started a fresh decline below the $72,500 zone. BTC is consolidating and might continue to move down if it dips below $70,500. Bitcoin failed to stay above $73,500 and extended losses. The price is trading below $72,500 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $73,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $72,500 and $73,500 levels. Bitcoin Price Takes A Hit Bitcoin price failed to stay above the $74,000 support zone. BTC remained in a bearish zone and extended losses below the $73,500 level. There was a move below the $73,000 level. There was a break below a bullish trend line with support at $73,250 on the hourly chart of the BTC/USD pair. The price even dipped below $72,000. A low was formed at $70,581 and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the
HYPE has been setting new all-time highs above $70 as the market faces selling pressure and uncertainty that has weighed on most assets across the crypto ecosystem. The divergence between HYPE’s performance and the broader market weakness has been one of the defining stories of recent weeks — and data from Lookonchain has surfaced a specific trade that captures the magnitude of what has been building in this asset over the past six months. Related Reading: Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019 Six months ago, a trader identified as wallet 0x082e opened a 5x leveraged long position on 1.38 million HYPE tokens with a notional value of approximately $99.77 million. The position has remained open through every market fluctuation, every broader crypto selloff, and every moment of uncertainty that has tested conviction across the ecosystem since it was initiated. HYPE Whale activity | Source: Hypurrscan Today, that position is sitting on over $46 mi
Chainlink is struggling below $10 as selling pressure and broader market uncertainty keep the price pinned beneath a resistance level that has capped every recovery attempt in recent weeks. The price action is frustrating — but data from analyst MorenoDV has identified a structural development in the exchange flow data that reframes what the current weakness is actually occurring against. Related Reading: Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019 Binance currently custodies approximately 85.1 million LINK worth roughly $766 million — representing 66.4% of the 128.26 million LINK held across all exchanges combined. That concentration is the first structural fact that changes how any Binance-specific LINK flow data should be interpreted. When two-thirds of all exchange-held LINK sits on a single venue, extreme netflow days on that venue are not reflecting broad market behavior. They are Binance-specific imbalances that effectively set the supply ton
Ethereum co-founder Vitalik Buterin proposed splitting 1 ETH into two paired option assets that always sum back to 1 ETH, eliminating forced liquidations and letting synthetics rely on slow, prediction-market-style oracles.
Bitmine Immersion Technologies added 26,497 ETH last week, lifting its total ethereum holdings to 5,416,901 coins valued at roughly $10.85 billion and bringing the company within striking distance of owning 5% of ethereum’s entire circulating supply. A Deliberate Slowdown, Not a Retreat The purchase, worth approximately $53 million at roughly $2,003 per ETH, marks a […]
Kalshi files to list XRP, SOL, ETH, and DOGE perpetual futures as its regulated US crypto derivatives push expands beyond Bitcoin. The post Kalshi moves beyond Bitcoin with XRP, SOL, ETH, and DOGE perps filing appeared first on Crypto Briefing.
