2 days ago
Ethereum price started a fresh recovery above $4,050. ETH is now showing positive signs and might rise further toward the $4,350 level. Ethereum started a recovery wave above the $4,000 and $4,020 levels. The price is trading above $4,050 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,980 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $4,200. Ethereum Price Holds Support Ethereum price started a recovery wave above the $3,950 level, like Bitcoin . ETH price formed a base and was able to recover above the $4,000 level. The price cleared the 50% Fib retracement level of the recent decline from the $4,290 swing high to the $3,890 low. The bulls were able to push the price above the $4,120 pivot level. Besides, there is a key bullish trend line forming with support at $3,980 on the hourly chart of ETH/USD. Ethereum price is now trading above $4,100 and the 100-hourly Simple Moving Average . On the upside, the price could face resistance near the $4,140 level. The next key resistance is near the $4,200 level and the 76.4% Fib retracement level of the recent decline from the $4,290 swing high to the $3,890 low. The first major resistance is near the $4,290 level. A clear move above the $4,290 resistance might send the price toward the $4,380 resistance. An upside break above the $4,380 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,450 resistance zone or even $4,500 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,200 resistance, it could start a fresh decline. Initial support on the downside is near the $4,000 level and the trend line. The first major support sits near the $3,880 zone. A clear move below the $3,880 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,750 region in the near term. The next key support sits at $3,640. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,000 Major Resistance Level – $4,200
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ETH ethbtc ethereum ethusd ETHUSDT
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
No Capitulation, Just Consolidation: What This Bitcoin (BTC) Correction Really Signals
Bitcoin (BTC) came under renewed selling pressure on Thursday as it slid below the $105,000 mark. The latest market downturn has reignited comparisons to earlier cycles. But on-chain data suggests the 2025 landscape is structurally stronger than in 2020 or 2021. Same Shock, New Bitcoin Unlike past corrections, when exchange reserves surged as investors rushed to sell, CryptoQuant said that today’s balances remain near decade lows. This reflected a leaner supply on trading venues. The scarcity of readily available Bitcoin dampens the potential for prolonged selloffs and creates conditions for quicker stabilization. Meanwhile, long-term holders appear largely unfazed by recent volatility. The Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) has stayed close to neutral, in sharp contrast with the deep sub-1 readings of previous capitulations that signaled mass losses and panic exits. Instead of dumping positions, these holders are selectively realizing profits. History shows Bitcoin’s pattern of recovery. The March 2020 crash, for one, cleared excess leverage before whales began buying again. In May 2021, as well, large wallets repeated the cycle – selling high, then buying low. After the August 2023 US debt downgrade, another quick rebound followed as investors resumed. Each cycle demonstrated the market’s growing ability to absorb shocks and recover. The present setup “does not equate to structural weakness.” Unless a surge in exchange inflows triggers broad selling pressure, the analysis stated that Bitcoin’s current retracement looks less like a capitulation and more like a consolidation. BTC Still Leaving Exchanges Swissblock also observed that Bitcoin’s downturn reflects consolidation rather than capitulation. The analytics platform said that after weeks of heavy exchange outflows driven by long-term holders’ accumulation, some selling has resumed, but with significantly milder intensity. Despite the shift, BTC continues to flow out of exchanges, even as the pace is slower, indicating that investors remain largely confident and are not rushing to liquidate holdings. “The true impact of the weekend’s deleverage will surface as participants reposition. So far, on-chain behavior supports short-term bullish structural consolidation, not panic or forced selling.” The post No Capitulation, Just Consolidation: What This Bitcoin (BTC) Correction Really Signals appeared first on CryptoPotato . NewsBTC
Here`s When to Expect the SEA Token as OpenSea Trading Volume Spikes
NFT marketplace and token trading platform OpenSea will launch its SEA token in Q1 2026, with 50% allocated for its community of users. NewsBTC
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