The post Weekly Close Could Determine Whether Ethereum Will Cost $1,000 appeared on BitcoinEthereumNews.com.
The current weekly close will determine whether Ethereum (ETH) falls toward the $1,000 mark, according to a technical analysis by analyst Ali Martinez. According to his data, a weekly candle close below the key $1,850 support will trigger an acceleration of selling. If this level is broken, the first target of the downward move will be the intermediate support near $1,560, while the final point of the decline within the multiyear channel will be the lower boundary of the range near $1,070. Ethereum (ETH) price outlook by Ali Martinez, Source: X Ethereum ETF outflows meet an “Amazon 2001” analogy The decline in the price of the main altcoin is taking place amid the continued flight of institutional capital. U.S. spot Ethereum ETFs recorded a net outflow of $121 million, marking the thirteenth consecutive day of withdrawals and signaling sustained bearish sentiment among Wall Stre
The post US-Iran Tensions Turn Bitcoin Price Into a Macro Risk Barometer Again appeared on BitcoinEthereumNews.com.
Bitcoin price returned to the macro spotlight on Friday as US-Iran tensions influenced crypto market sentiment. BTC price continued to trade lower from a few days ago, while Ethereum was holding near to $2000 and XRP was around $1.30. The overall cryptocurrency market gained 0.83% to $2.48 trillion, although it failed to generate a great deal of momentum and continued to experience ETF outflows. Bitcoin Tracks Global Risk as US-Iran Tensions Drive Market Volatility ETF data indicates that despite the short-term crypto rally, the appetite for institutional interest is still low. BTC price rose 0.72% over 24 hours to trade around $73,712. Despite this, recovery was still slow. Ethereum extended its retreat to $2,000, and XRP was trading around $1.30. The short-term momentum readings were also weak for both assets. Bitcoin’s increasing connection to macro conditions is refl
The post Can the Chainlink-Mastercard partnership reverse LINK’s bear trend? appeared on BitcoinEthereumNews.com.
Chainlink (LINK) trades near $8.92 with a 7-day drop of ~9.7%. Mastercard deal boosts adoption, but the trend stays technically bearish. The $9.02 resistance and $8.85 support define the next move. Chainlink has remained in a persistent downtrend over recent weeks, falling roughly 9.7% over the past seven days and about 43.8% over the past year. The token is currently trading near $8.92, holding within a tight 24-hour range between $8.81 and $9.06. Although short-term price action shows a modest recovery of around 1% over the past 24 hours, the broader trend remains under pressure. Against this backdrop, a new partnership with Mastercard has drawn attention from traders and institutional participants. The partnership introduces a fiat-to-crypto gateway designed to route traditional card payments directly into on-chain protocols. The system allows Mastercard’s global user ba
The post Ethereum Price Analysis Points to Short-Term Downside Risk appeared on BitcoinEthereumNews.com.
TLDR: Ethereum has been forming lower highs since mid-May, with trading volume declining alongside price weakness. The Estimated Leverage Ratio sits near 0.74, showing heavy derivative positioning despite falling ETH prices. Positive funding rates show long positions dominate, yet price fails to respond with any meaningful upside move. A weekly close below $1,850 could trigger a drop toward $1,560, with a deeper target near $1,070 possible. Ethereum is showing signs of growing bearish pressure across multiple market indicators. Price action, leverage data, funding rates, and momentum metrics are all pointing in the same direction. Analysts tracking on-chain and derivatives data say the current setup reflects a market driven more by speculative positioning than by organic buying demand. The overall structure, for now, continues to favor sellers. Leverage and Funding Rates Paint a Con
The post Ethereum (ETH) news: A blockchain lottery plans to use crypto gambling fees to fund Ethereum development appeared on BitcoinEthereumNews.com.
Ethereum core developers may soon get a new source of funding: a blockchain lottery. Decentralized lottery protocol Megapot said Thursday it is teaming up with Protocol Guild, an independent funding collective for Ethereum protocol contributors, to introduce what they describe as the crypto industry’s first programmable charity lottery. Under the arrangement, users can buy tickets for a daily lottery through a dedicated Protocol Guild portal for a chance to win prizes from a pool exceeding $1.1 million. Megapot said 100% of referral fees generated from ticket sales will be automatically distributed by smart contracts to Ethereum developers supported by Protocol Guild. The effort comes as concerns around sustainable funding for Ethereum’s core infrastructure have intensified. While the blockchain underpins billions of dollars in decentral
Chainlink (LINK) trades near $8.92 with a 7-day drop of ~9.7%. Mastercard deal boosts adoption, but the trend stays technically bearish. The $9.02 resistance and $8.85 support define the next move. Chainlink has remained in a persistent downtrend over recent weeks, falling roughly 9.7% over the past seven days and about 43.8% over the past […]
The post Can the Chainlink-Mastercard partnership reverse LINK’s bear trend? appeared first on CoinJournal.
Crypto analyst The Short Bear has addressed investors who are currently capitulating on Ethereum and offloading their coins. He cited a mistake these investors are currently making that could cost them money when the bull thesis for ETH eventually plays out. Analyst Reveals Misconception Investors Have About Ethereum In an X post, the Short Bear said that many people are mistaken in treating Ethereum like an end-stage Amazon as if the main question is already about mature margins, fees, and cash flows. He explained that, in reality, the layer-1 network is still very much earlier in its economies-of-scale phase, with nearly all metrics in the top-right corner and growing at mid-double-digit to triple-digit rates. Related Reading: Can Ethereum Stage The Biggest Comeback In History? Why Price Could Double The analyst further stated that most of the market is focused on the wrong battle, of which network can become the fastest and cheapest payment processor. However, he opined that the r
Solana price has held above the key $80 support zone despite mounting selling pressure, with one analyst arguing the level could determine whether the token begins a new recovery phase or enters a deeper bear market decline. According to data…
Solana trades at $82 amid critical support at $80. Analysts watch for a breakout or drop to mid-$20s as accumulation signals emerge. Solana is trading at $82.32, sitting just above a critical support zone. The past week saw SOL range between $80.62 and $87.55. Daily volume hit over $2.1 billion in the last 24 hours. […]
The post Solana Holds $80 as Multi-Year Resistance Test Builds: SOL Price Analysis appeared first on Live Bitcoin News.
