Recently launched SOL, XRP and LTC ETFs saw positive flows on Monday, potentially signaling early capital rotation toward altcoins.
Since October 6, the crypto market has lost over $1.1 trillion in value. Analysts from The Bull Theory examined the underlying causes of this behavior and identified significant issues causing such poor performance in what was expected to be a bullish fourth quarter for the industry. Market Liquidity Stumbles Post-October 10 Sell-Off One of the primary factors cited is the severe damage inflicted on market liquidity following the dramatic sell-off on October 10, which resulted in more than $20 billion liquidated from traders in a matter of minutes. This particularly impacted altcoins, with many seeing losses of 70% to 80%. With liquidity diminished, the current market environment allows prices to fluctuate easily, meaning even minor sell-offs can lead to rapid price drops. The analysts noted that the liquidity has failed to recover since this initial dump, resulting in the order books for major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) becoming increasingly sparse. Related Reading: The ‘Insanely Bullish’ Dogecoin Setup That Will Trigger A 600% Rally To $1 The consequences of this thin liquidity are stark; a small volume of selling can generate significant downward price movements. This observation matches the reality of recent market activity, where price declines appear more pronounced than the actual selling volume. Another contributing factor to the downturn, as pointed out by market analyst Tom Lee, is the behavior of major market makers. According to Lee, the ongoing correction may stem from one or two large entities facing considerable losses. Layered upon these issues is the excessive leverage in the market. Despite the unprecedented liquidations, many traders have reportedly returned to the market with increased leverage. The Bull Theory analysts contend that this high leverage, coupled with thin markets, enables market makers to trigger substantial liquidations with minimal price movement, making the sell-offs appear more aggressive. Crypto Fear Index Hits Lowest Level In Over 3 Years Compounding these issues, market sentiment has been plagued by fear, uncertainty, and doubt (FUD). Current narratives circulating, such as speculation regarding Strategy (previously MicroStrategy) facing forced liquidations if Bitcoin falls below $74,000, further exacerbate panic. It is worth noting that during the 2020-2021 cycle, Strategy’s cost basis hovered around $30,000 to $32,000. Even when Bitcoin dipped to $16,000—almost 50% below their cost—the company did not sell any coins. The Fear Index has also plummeted to 10, a level not seen in over three and a half years. The analysts belive that such extreme fear suggests two potential scenarios: either the market has reached its bottom, or it is approaching it. Related Reading: Here’s Why The Ethereum Price Is Crashing Again, Can It Breach $3,000? In conjunction with these sentiment measures, the Relative Strength Index (RSI) for Bitcoin has returned to levels comparable to those of January 2023, when Bitcoin was valued around $20,000. The analysts suggest that this signals a stretched market on the downside, particularly within altcoins, where speculative activity has diminished and retail interest is waning. Despite the current turmoil, the Bull Theory analysts find that fundamentally, little has changed within the crypto market. They highlighted that Bitcoin’s network remains robust, with increasing hashrate, ongoing institutional interest, and a supportive stance from the US government regarding regulated crypto. However, it remains to be seen what the eventual direction of the digital asset market will be, as neither negative nor bullish cycles follow straight lines. This suggests that despite the downtrend, a new recovery and future dips may occur, and vice versa. At the time of writing, Bitcoin was leading Monday’s crypto market drop, trading at $91,940—a 3% drop within 24 hours and a 13% drop within a week. Featured image from DALL-E, chart from TradingView.com
The cryptocurrency market has entered another sharp correction phase, sending digital assets deep into the red. Bitcoin has slipped toward the $90,000 mark while Ethereum has dropped below $3,000. This breakdown below the $90,000 level is crucial because it has not happened in more than seven months Market analyst Gareth Soloway has released a fresh …
The cryptocurrency market has entered another sharp correction phase, sending digital assets deep into the red. Bitcoin has slipped toward the $90,000 mark while Ethereum has dropped below $3,000. This breakdown below the $90,000 level is crucial because it has not happened in more than seven months Market analyst Gareth Soloway has released a fresh …
Ethereum price failed to stay above $3,150 and extended losses. ETH is down over 5% and might struggle to recover above $3,200 in the near term. Ethereum started a fresh decline after it failed to stay above $3,150. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,000 zone. Ethereum Price Turns Red Ethereum price failed to continue higher above $3,150 and started a fresh decline, like Bitcoin. ETH price dipped below $3,180 and entered a bearish zone. The decline gathered pace below $3,120 and the price dipped below $3,000. A low was formed at $2,955 and the price is now correcting some losses. There was a move toward the 23.6% Fib retracement level of the recent decline from the $3,562 swing high to the $2,955 low. Ethereum price is now trading below $3,150 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,050 level. The next key resistance is near the $3,150 level. There is also a key bearish trend line forming with resistance at $3,150 on the hourly chart of ETH/USD. The first major resistance is near the $3,260 level and the 50% Fib retracement level of the recent decline from the $3,562 swing high to the $2,955 low. A clear move above the $3,260 resistance might send the price toward the $3,350 resistance. An upside break above the $3,350 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the near term. More Downside In ETH? If Ethereum fails to clear the $3,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,950 level. The first major support sits near the $2,880 zone. A clear move below the $2,880 support might push the price toward the $2,750 support. Any more losses might send the price toward the $2,680 region in the near term. The next key support sits at $2,650 and $2,640. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,950 Major Resistance Level – $3,150
Ethereum is trading around key demand levels as fear and uncertainty grip the broader crypto market. The second-largest cryptocurrency by market capitalization has struggled to regain bullish momentum, currently hovering near $3,150 after weeks of consistent selling pressure. However, new on-chain data from CryptoQuant reveals that Ethereum might be nearing a crucial accumulation zone — one historically associated with long-term holder activity and market bottoms. Related Reading: Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In With 2,800 BTC Cluster According to the report, the ETH price is now just 8% away from touching the Accumulation Addresses Realized Price level at $2,895. This metric represents the average cost basis of long-term investors who have been steadily stacking ETH during previous market cycles. A move toward this level could signal the final stages of the ongoing correction, potentially attracting renewed interest from strategic buyers looking for value entries. Historically, similar declines toward the realized price of accumulation addresses have acted as strong support zones, leading to price stabilization and subsequent recoveries. While short-term sentiment remains fearful, the proximity to this key level suggests that Ethereum could soon reach a point where long-term investors begin accumulating once again — setting the stage for a potential market rebound. Long-Term Holders Stay Unshaken According to CryptoQuant analyst Burak Kesmeci, the $2,895 level represents the average cost basis of long-term Ethereum accumulators — investors who have been “patiently stacking” through multiple market cycles. This group tends to buy during periods of maximum fear, forming a stable foundation for future rallies. Historically, Ethereum has only dipped below this key level once, during the April 2025 Trump tax-tariff crisis, when global markets faced extreme uncertainty. The Global Economic Policy Uncertainty Index (GEPUCURRENT) surged to 629 points, surpassing even the COVID-19 pandemic peak by 50%. Despite the widespread panic, long-term holders continued to accumulate aggressively rather than sell. In fact, 2025 saw around 17 million ETH flow into accumulation addresses, raising the total balance held by these wallets from 10 million to over 27 million ETH. This trend highlights the conviction of Ethereum’s strongest investors, who have repeatedly viewed fear-driven sell-offs as opportunities. If Ethereum were to decline another 8%, it would reach this cost basis once again. Historically, this level has acted as one of the strongest long-term accumulation zones, signaling value and resilience. As Kesmeci notes, even if ETH briefly dips below $2,900, it’s unlikely to remain there for long. Related Reading: Ethereum Whale Expands Position By 36,437 ETH – Bringing Total To $1.34B Ethereum Holds Above Key Support as Market Tests Long-Term Confidence Ethereum’s weekly chart shows that the asset is holding above a key structural support zone near $3,000, after several weeks of downside pressure. The price briefly dipped below this level last week but recovered quickly, forming a potential short-term base around the 200-week moving average — a historically significant line that has supported major bottoms in past cycles. Currently trading around $3,190, ETH is attempting to maintain stability within this critical range. The 50-week moving average remains slightly above at $3,500, serving as immediate resistance. A break above that level would be an early signal of renewed bullish momentum, while losing $3,000 could trigger a deeper correction toward $2,800–$2,900, which aligns closely with the Accumulation Realized Price highlighted by CryptoQuant analysts. Related Reading: Bitcoin Leverage Cooldown Signals Market Reset: OI Drops 21% As Excess Risk Is Flushed Out The recent decline mirrors past phases of market reset, such as the April 2025 correction, where Ethereum similarly tested long-term supports before rebounding strongly. The confluence of technical and on-chain data suggests that current levels are being closely watched by long-term holders and institutional accumulators. Featured image from ChatGPT, chart from TradingView.com
A sharp divergence emerged in the crypto ETF market this month. According to SoSo Value data, the new products tracking Solana and XRP are attracting significant capital, contrasting with a severe wave of outflows from established Bitcoin and Ethereum funds. The data shows that the newly launched altcoin ETFs have registered more than $500 million […]
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Ethereum (ETH) is flashing a rare technical warning sign for bears. According to the analysis, the daily chart has hit a historically oversold MACD reading not seen in years, aligning with a deeply oversold RSI. This confluence of extreme momentum signals suggests that the price has entered a major demand zone, dramatically increasing the likelihood of a powerful relief rally and setting the stage for a significant short-term rebound. MACD Hits Rare Historical Lows — A Zone Linked To Major ETH Bottoms According to a recent post from More Crypto Online, Ethereum is currently flashing one of its most extreme MACD readings seen in years on the daily timeframe. While the MACD technically has no fixed oversold threshold, comparing past cycles gives valuable context. Historically, ETH has often formed significant market bottoms whenever the MACD enters the -210 to -220 region, a zone it has dipped below a few times, but not often. Related Reading: Ethereum Slips to $3K, Highlighting Weakness After Recent Failed Rebound This puts the current MACD position into what can be considered a historically oversold zone, signaling increased potential for a relief bounce. Adding to this confluence, the RSI has also slipped deep into oversold territory, reinforcing the idea that sell pressure may be nearing exhaustion. Together, both indicators suggest that momentum could soon shift away from the bears. However, the analyst cautions that these signals alone do not confirm a major trend reversal. Oversold conditions can persist longer than expected, particularly in strong downtrends. Even so, such extreme readings are often early clues that a temporary recovery or a corrective move to the upside may be approaching. Overall, the current market structure gives the bears something to think about. Early Signs Of Relief: Ethereum Finds Stability In Key Demand Zone In a 3D market update, CryptoPulse reported that Ethereum has now cleanly tapped the identified Demand Zone, showing early signs that the aggressive downside may be easing. This reaction suggests sellers are losing momentum, creating the conditions for a potential short-term rebound if buyers step back in. Should bullish strength return, a retest of the $3,500 region is likely in the coming sessions. Related Reading: Ethereum Approaches Critical Resistance — Bullish Breakout Or Trap In The Making? However, CryptoPulse emphasized that confirmation is still required before calling any meaningful reversal. A strong bounce paired with a reclaim of key short-term levels would be the first signal that buyers are regaining control. Meanwhile, if bearish pressure persists, Ethereum may drift deeper into the chart structure, where the next significant demand sits between $2,400 and $2,600. This zone could act as the major support zone for ETH if the current support fails to hold. Featured image from iStock, chart from Tradingview.com
Kohaku is a suite of privacy-preserving crypto tools to enhance privacy and security in the Ethereum ecosystem.
Ethereum is undergoing its most significant transition since its August peak. A sharp, double-digit correction of more than 35% since Oct. 6 has triggered a crisis of conviction, ripping through the speculative layers of the market and forcing a wave of liquidations. However, the on-chain story is not a simple collapse. It is a large-scale […]
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Cboe is set to debut bitcoin and ether “continuous” futures on Dec. 15, offering perpetual-style exposure on a U.S.-regulated exchange.
With just six weeks left in 2025, Bitcoin and Ethereum are both in the red for the year, as the two largest cryptos lead a broader downward trend. If this pattern holds, crypto could end up among the worst-performing asset classes of 2025, trailing even traditional markets and money market funds. As CryptoSlate reported yesterday, […]
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The global crypto market pulled back to about $3.23 trillion on Monday, down close to a percent from recent levels, and signs of weakness were visible across most top tokens. Related Reading: From Dotcom To Crypto: Veteran Analyst Says The Bull Run Isn’t Over According to market trackers, investor mood is chilled — the Fear and Greed Index sits at 18, labeled extreme fear — and the average Relative Strength Index for major coins hovers near 41, a reading that leans toward oversold conditions. Bitcoin was trading around $95,400 while Ethereum hovered near $3,155, with many large-cap assets showing only small daily moves. Tom Lee Issues Long-Term Take According to Tom Lee, BitMine chairman and an early Bitcoin bull at Fundstrat, the current pullback does not wipe out the potential for much larger gains down the road. Lee noted that Bitcoin rose roughly 100x from his first recommendation back in 2017, when the price was near $1,000, and he suggested Ethereum may be at the start of a similar long-term run. BitMine Chairman Tom Lee suggested that the recent crypto market weakness may be due to one or more market makers having a “hole” in their balance sheets, with “sharks” circling to trigger liquidations and push BTC lower. He emphasized that this is short-term pain and does not… — Wu Blockchain (@WuBlockchain) November 16, 2025 He cautioned that investors who benefited from past rallies had to endure extreme drops — some as deep as 75% — and said present volatility could be the market “discounting a massive future.” Short-Term Signals Point To Oversold Conditions Market technicians and on-chain analysts are pointing to clear short-term stress. The Fear and Greed Index at 18 is one headline figure. Average RSI readings near 41 imply more selling than buying momentum right now. To me, the weakness in crypto has the all the signs – of a market maker (or two) with a major “hole” in their balance sheet Sharks circling to trigger a liquidation / dumping of prices $BTC Is this pain short-term? Yes Does this change the $ETH supercycle of Wall Street… pic.twitter.com/0jfkXYnfv9 — Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) November 15, 2025 Based on reports from CryptoQuant, Ether trading around $3,150 sits roughly $200 above the mean cost basis held by long-term accumulators — a level that could act as support if those holders remain patient. Bitcoin, by comparison, has pulled back about 20% from its recent peak, while Ethereum has fallen more than 30% from its high. Bitcoin is a volatile asset. We first recommended Bitcoin to Fundstrat clients in 2017 (1%-2% allocation) – Bitcoin 2017 ~$1,000 Since then (past 8.5 years), $BTC: – 6 declines > -50% – 3 declines > – 75% 2025, Bitcoin 100x from our first recommendation TAKEAWAY: To have… pic.twitter.com/xtIRGLdnWM — Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) November 16, 2025 Ether Holder Levels Close To Historic Peaks Ethereum’s path this year diverged from Bitcoin for a while: ETH topped out at $4,940 in August, while Bitcoin pushed to a peak above $126,000 in October. That gap left Ether lagging for months even as Bitcoin made fresh highs. Now, with ETH nearer to where long-term holders bought in, some analysts see a potential floor forming. Reports have disclosed that these accumulators have been “patiently stacking,” and their cost positions matter for near-term price action. Altcoins Show Little Momentum Smaller large-cap coins are holding weaker ground. XRP was trading near $2.20, BNB around $932 and Solana close to $138, with most of last week’s gains fading. Other popular tokens — Tron, Dogecoin, Cardano, Chainlink, Hyperliquid and Zcash — are under light selling pressure and low net movement, suggesting market-wide caution rather than a single-asset sell-off. Related Reading: Trump Drops 500% Tariff Shockwave, Crypto Trembles — Bitcoin Breakdown Ahead? Bigger Players, Liquidations And The Outlook Lee added that he expects signs of recovery and stability within six to eight weeks. He advised against using borrowed funds now, warning that forced sell-offs can accelerate losses. According to his remarks, aggressive positions designed to trigger liquidations by large firms can amplify price swings. He cautioned that some of the sharper moves may be tied to stress among big market makers. Featured image from Unsplash, chart from TradingView
BitMine's significant ETH holdings highlight the growing influence of tokenization, potentially reshaping asset markets and transparency.
The post Tom Lee’s BitMine announces 3.6 million ETH holdings, discusses factors in crypto cycle and tokenization appeared first on Crypto Briefing.
The Ethereum price has slipped deeper into a bearish structure that has intensified over the past week. A combination of weakening momentum, strong ETF outflows, and selling from long-term holders has dragged the price of Ethereum lower at a pace that has led to concerns about whether the cryptocurrency is preparing for a deeper correction. The latest decline has now placed the $3,000 region back into view and it opens up the question of whether the momentum behind this downturn is strong enough to force another breakdown below $3,000. Ethereum Price Slips Below Moving Averages As ETF Outflows Deepen New data from 10x Research reveals that Ethereum is now trading firmly below both the 7-day and 30-day moving averages, confirming a clean shift toward bearish momentum. The latest one-week change shows a decline of -6.6%, with the price failing to regain the short-term trendline at any point during the sell-off. Related Reading: This Analyst Called The Bitcoin Crash Below $20,000 In 2021, He’s Back With A Shocking Prediction For Solana The chart provided by the research firm illustrates how ETH-USD rolled over throughout early November as both moving averages curved downward, indicating that market structure has fully weakened. This technical deterioration is unfolding at the same time the Ethereum ETF market is experiencing one of its heaviest redemptions on record. According to data from SoSoValue, spot ETH ETFs have now seen more than $1.4 billion in net outflows since the beginning of November, a change that shows the decisive shift in institutional appetite. The combination of sustained selling pressure and shrinking ETF demand has created a feedback loop that continues to pull ETH lower whenever each price support level fails. XRP Price Chart. Source: 10X Research On X Long-Term Holders Selling Fastest Since 2021, But Whales Are Accumulating On-chain flows paint a picture of an ecosystem under strain. Data shows that long-term ETH holders, wallets that have held their coins for three to ten years, are now selling at their fastest rate since 2021. This group is known to be dormant during most phases of the market, so their recent activity has introduced a strong supply wave that exchanges have struggled to absorb. Related Reading: What Will Trigger The XRP 1,300% Break To $36 This Bull Cycle? However, the dynamic is not entirely one-directional. On-chain data shows that a few large whale wallets have stepped in aggressively during the downturn and bought hundreds of thousands of ETH worth over $1 billion. Meanwhile, the scale of accumulation has not been large enough to counteract the broader selling from long-term holders or the ETF outflows, leaving the price of Ethereum trapped inside a downward-tilting trend channel. Ethereum is now trading around $3,182, but its intraday low has stretched as far as $3,023. This leaves very little margin between the current level and the support zone at $3,000. If sellers continue to dominate and push the price below the $3,150 to $3,200 range, a direct slide to $3,000 becomes increasingly likely during the new week. Featured image created with Dall.E, chart from Tradingview.com
The Ethereum (ETH) price is holding firm above the $3,100 level even as Bitcoin slid sharply below $94,000, setting up a clear divergence ahead of a high-stakes macro week. Traders are bracing for the release of the FOMC meeting minutes, alongside key U.S. economic indicators—including unemployment claims, PMI readings, and the Treasury Currency Report—all of …
Ethereum may be entering a similar explosive long-term growth cycle to Bitcoin’s years ago, according to Tom Lee, the executive chair of BitMine. Lee says he sees early signs of what he calls a massive “supercycle,” something he previously witnessed when he recommended Bitcoin at just $1,000 back in 2017. Even though Bitcoin has experienced …
Ethereum price failed to stay above $3,250 and extended losses. ETH is down over 5% and might struggle to recover above $3,250 in the near term. Ethereum started a fresh decline after it failed to stay above $3,200. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,160 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,000 zone. Ethereum Price Dips Further Ethereum price failed to continue higher above $3,350 and started a fresh decline, like Bitcoin. ETH price dipped below $3,200 and entered a bearish zone. The decline gathered pace below $3,150 and the price dipped below $3,050. A low was formed at $3,003 and the price is now correcting some losses. There was a move toward the 23.6% Fib retracement level of the recent decline from the $3,560 swing high to the $3,003 low. Ethereum price is now trading below $3,200 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,160 level. There is also a key bearish trend line forming with resistance at $3,160 on the hourly chart of ETH/USD. The next key resistance is near the $3,280 level and the 50% Fib retracement level of the recent decline from the $3,560 swing high to the $3,003 low. The first major resistance is near the $3,350 level. A clear move above the $3,350 resistance might send the price toward the $3,450 resistance. An upside break above the $3,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,500 resistance zone or even $3,550 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,280 resistance, it could start a fresh decline. Initial support on the downside is near the $3,050 level. The first major support sits near the $3,000 zone. A clear move below the $3,000 support might push the price toward the $2,880 support. Any more losses might send the price toward the $2,750 region in the near term. The next key support sits at $2,640 and $2,620. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,050 Major Resistance Level – $3,280
Exciting data from an on-chain analysis has recently surfaced, revealing accumulation patterns in Bitcoin and Ethereum on the Binance exchange that have historically preceded renewed bullish momentum. Related Reading: Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In With 2,800 BTC Cluster Binance Sees $1.77B BTC/ETH In Outflows As $1.58B In Stablecoins Enter In a QuickTake post on November 14, pseudonymous market analyst CryptoOnchain shares insights into the crypto market direction, based on Binance activity. This post revolves around the Binance 7-Day Asset Netflow By Network metric, which shows if more volumes of an asset on specific networks are being deposited into Binance (net inflow), or being withdrawn (net outflow) over the past seven days, revealing the underlying activity across different asset types. According to CryptoOnchain, a net outflow of $1.77 billion in Bitcoin and Ethereum assets has been recorded from the Binance network. Specifically, the analyst reports outflows of $1.1 billion in Bitcoin (BTC_Native) and $670 million in Ethereum (ETH_Native) occurring over the past week. Typically, a large movement of assets out of exchanges such as of this magnitude reflects a growing ‘HODL’ sentiment among investors, as these coins are usually transferred into private wallets for holding. As an extension, an increasing hoarding appetite among holders signals a reduction in sell-side pressure, as there is less liquidity on standby, betting against price. Simultaneously, Binance records an almost similar amount, $1.58 billion, in stablecoin inflows. About $900 million of these came in as USDT, while $680 million was in USDC. Usually, a large inflow of stablecoins indicates an active increment by ‘smart money’ of their buying power. As short-term holders or retailers sell, thereby adding to sell pressure, the long-term holders in this scenario stand ready to absorb sell pressure with their liquidity. Related Reading: Bitcoin Rejection Was No Accident — Now The Battle Shifts To $93,000–$97,000 Survival Zone Clear Accumulation In Play Amid Market Uncertainty Historically, this divergence in on-chain activity (a significant amount in BTC/ETH outflows vs a large amount in stablecoin inflows) has preceded price recoveries to the upside. As such, it qualifies as one of the strongest indicators to show that the market is in an accumulation phase. Despite the predominant market sentiment being one that depicts fear, CryptoOnchain posits that major market participants are currently “buying the dip,” thus putting in what may come to be a strong price bottom in the near future. In the grand scheme, the market still appears to hold a bullish outlook. As of this writing, Bitcoin is worth around $96,133, losing more than 1.33% of its value since the last day. Ethereum, on the other hand, holds a valuation of $3,153, reflecting a 24-hour loss of 1.53% per CoinMarketCap data. Featured image from iStock, Chart from Tradingview
Ethereum is trading at a critical juncture after briefly losing the $3,200 level, with bulls struggling to defend it amid rising selling pressure. The broader crypto market remains on edge, as fear and uncertainty continue to weigh on sentiment following days of steady declines across major assets. Traders are watching closely to see if Ethereum can stabilize above this key support zone — a failure to do so could trigger a deeper correction toward the $3,000 area. Related Reading: $1.33B Ethereum Whale Just Moved Another $120M USDT to Binance – Details Despite the mounting pressure, one prominent Ethereum whale — known for a series of large-scale purchases this month — continues to accumulate aggressively. This investor has consistently added to their position even as the price fell, signaling strong long-term confidence in Ethereum’s fundamentals and recovery potential. This divergence between short-term fear and long-term accumulation paints a complex picture for Ethereum. While short-term volatility remains a concern, large holders’ continued buying may be setting the foundation for a more sustained rebound once market conditions stabilize and sentiment improves. Ethereum Whale Keeps Buying Despite Market Turbulence According to data from Lookonchain, the prominent Ethereum investor known as Whale ’66kETHBorrow’ has continued his large-scale accumulation despite the ongoing market downturn. Earlier today, the whale purchased 19,508 ETH worth approximately $61 million, expanding his already massive position built over the past week. Shortly after, an update revealed yet another purchase — 16,937 ETH valued at $53.91 million — bringing his total accumulation since November 4 to 422,175 ETH, worth roughly $1.34 billion at an average price near $3,489. Despite the recent price drop, the whale is currently sitting on more than $120 million in unrealized losses, but continues to double down on Ethereum exposure. This aggressive strategy indicates strong long-term confidence, as the investor appears unfazed by short-term volatility. Market observers suggest this accumulation pattern could signal institutional-level conviction that Ethereum’s current prices represent a strategic buying zone. While retail sentiment remains cautious amid heightened uncertainty, the whale’s consistent activity underscores a broader trend: large players are quietly accumulating, positioning themselves ahead of a potential recovery once macro conditions stabilize and risk appetite returns to the crypto market. Related Reading: Bitcoin Leverage Cooldown Signals Market Reset: OI Drops 21% As Excess Risk Is Flushed Out ETH Struggles Below $3,300 as Selling Pressure Intensifies Ethereum is currently trading around $3,200, facing renewed selling pressure after briefly reclaiming the $3,400 zone earlier this week. The daily chart shows ETH struggling to hold above its 200-day moving average (red line) — a key support level that often defines long-term market structure. A decisive close below this line could confirm a deeper correction phase. The 50-day and 100-day moving averages continue to trend downward, reinforcing the short-term bearish outlook. If Ethereum fails to recover momentum, the next major support sits near $3,000, followed by $2,850, where buyers previously stepped in during the summer consolidation. Conversely, a recovery above $3,400–$3,500 would be the first signal that bullish momentum is returning. Related Reading: Bitcoin Inflows To Binance Surge: Daily Average Hits 7,500 BTC Despite the pullback, analysts emphasize that large holders — including the #66kETHBorrow whale — continue to accumulate ETH, signaling strong conviction in the asset’s long-term potential. For now, Ethereum’s trend remains fragile, and bulls must defend the $3,000 region to prevent further downside momentum. Featured image from ChatGPT, chart from TradingView.com
BitMine stock fell alongside Ethereum after Chi Tsang was appointed CEO to lead the firms ETH-focused treasury plan.
The post BitMine Immersion Technologies stock dips with Ethereum post new CEO appointment appeared first on Crypto Briefing.
Leading Ethereum treasury firm BitMine (BMNR) has appointed a new chief executive and three independent directors.
The cryptocurrency market is experiencing a wave of declines, leaving investors concerned as the Bitcoin, Ethereum, and Dogecoin prices fall sharply. Despite experiencing a period of recovery earlier this week, all three digital assets are now facing renewed downward pressure. The latest price declines are driven by both macroeconomic uncertainty and internal market factors, underscoring how sensitive the crypto market remains to changes in investor sentiment. FED Skepticism Fuel Decline In Bitcoin, Ethereum, And Dogecoin The recent decline in cryptocurrency prices comes amid growing doubts over the Federal Reserve’s (FED) approach to interest rates. Recent remarks from FED officials, including the President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, have cast uncertainty on whether the central bank will deliver a third consecutive easing of policy during the December FOMC meeting. Related Reading: Why The Bitcoin Price Crash Is Important If Wave 5 Corrects To $94,000 According to Bloomberg reports, Kashkari noted that recent economic data suggested more resilience than was initially anticipated, sparking a debate over the necessity of further rate cuts. This cautious stance has unsettled financial markets, causing investors to reconsider earlier positions as former expectations of a rate now appear uncertain. Notably, Bitcoin, Ethereum, and Dogecoin have reacted sharply to the prevailing sentiment caused by the doubts in monetary easing. Their prices have plummeted, accelerating the broader correction that has been dragging on for months. This decline is also being augmented by large-scale whale sell offs and lingering ambiguity surrounding new developments in the previous US government shutdown. How Much BTC, ETH, And DOGE Declined This Week In addition to macroeconomic factors, market dynamics are also contributing to crypto losses. CoinMarketCap’s data shows that the Bitcoin price crashed below $97,000 for the first time since May 2025. It has fallen more than 5% over the week and dropped another 6.4% in a single day. Related Reading: Analysts Share Forecasts As Ethereum Price Struggles Below $4,000, And It’s Very Bearish Amidst this decline, long-term BTC holders are reportedly selling at record levels, fueling the downtrend. Additionally, institutional demand is weakening while investor sentiment has turned negative. Even Spot Bitcoin ETF activity is plummeting, recording over $866.7 million in net outflows yesterday—the second largest in its history. Ethereum has also been hit hard, losing more than 10% in the past 24 hours and over 5% this week. The price has steadily trended downward for weeks and shows no clear signs of recovery. At the time of writing, ETH is trading at $3,200, down more than 35% from the ATH levels above $4,950 set in August this year. Dogecoin, while only slightly affected by the broader bearish trend, is now trading at $0.165. It has fallen by approximately 2.3% during the week and by an additional 8% in one day. Collectively, these widespread declines suggest that the market may be experiencing a period of extreme stress, as all three cryptocurrencies have recorded double-digit monthly losses. Featured image from Freepik, chart from Tradingview.com
ETH plunged below $3,100 on Friday as the crypto selloff accelerated with bitcoin losing the $100,000 level.
The crypto markets are experiencing one of the deadliest bloodbaths, with the Bitcoin price plunging below the psychological barrier at $100K. This was believed to drag the altcoins lower, but they continue to display strength. Ethereum, the second-largest token, continues to defend the $3000 support level, but the question arises, till when? The BTC price …
The crypto market is deep in correction mode, with the global market cap falling to a six-month low near $3.27 trillion. Both Bitcoin and Ethereum have retreated sharply, dropping 23% and 36% from their all-time highs. Sentiment has turned fearful across the market, with the Crypto Fear & Greed Index plunging to 15, reflecting rising …
Ethereum price failed to stay above $3,350 and extended losses. ETH is down over 5% and might struggle to recover above $3,450 in the near term. Ethereum started a fresh decline after it failed to stay above $3,500. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,150 zone. Ethereum Price Dips Sharply Ethereum price failed to continue higher above $3,550 and started a fresh decline, like Bitcoin. ETH price dipped below $3,500 and entered a short-term bearish zone. The decline gathered pace below $3,350 and the price dipped below $3,250. A low was formed at $3,153 and the price is now correcting some losses. There was a move toward the 23.6% Fib retracement level of the recent decline from the $3,561 swing high to the $3,153 low. Ethereum price is now trading below $3,350 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,300 level. The next key resistance is near the $3,350 level and the 50% Fib retracement level of the recent decline from the $3,561 swing high to the $3,153 low. The first major resistance is near the $3,500 level. There is also a key bearish trend line forming with resistance at $3,500 on the hourly chart of ETH/USD. A clear move above the $3,500 resistance might send the price toward the $3,650 resistance. An upside break above the $3,650 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,800 resistance zone or even $3,880 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,350 resistance, it could start a fresh decline. Initial support on the downside is near the $3,200 level. The first major support sits near the $3,150 zone. A clear move below the $3,150 support might push the price toward the $3,050 support. Any more losses might send the price toward the $3,000 region in the near term. The next key support sits at $2,880 and $2,850. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,150 Major Resistance Level – $3,350
Ethereum is showing signs of weakness as it struggles to reclaim higher price levels amid sustained selling pressure and broader market uncertainty. After several failed attempts to break above key resistance near $3,600, the asset remains range-bound, reflecting the cautious sentiment across the crypto market. Despite this, several analysts believe the current phase could represent the final shakeout before Ethereum begins its next major rally. Related Reading: Ethereum Whale Adds $105M To His ETH Position – $1.33B Bought Since Nov 4 According to recent on-chain data, large holders — including institutional players and crypto whales — continue to accumulate ETH even as volatility persists. This steady inflow from big buyers suggests growing confidence in Ethereum’s long-term potential, particularly as network fundamentals remain strong and liquidity conditions begin to stabilize. The divergence between price weakness and whale accumulation highlights a recurring pattern seen in previous cycles, where accumulation intensifies near local lows before a significant recovery. While short-term traders remain defensive, long-term investors appear to be positioning ahead of a potential breakout once macro conditions improve. Whale Activity Signals Renewed Ethereum Accumulation Ahead of Potential Rally According to on-chain data, the well-known Ethereum whale “66kETHBorrow” — already one of the most active large buyers in recent weeks — has made another major move. After purchasing 385,718 ETH worth roughly $1.33 billion since early November, this whale has now borrowed an additional $120 million USDT from Aave and transferred it to Binance, a move widely interpreted as preparation for further accumulation. Such behavior from a high-capital market participant often signals renewed confidence in Ethereum’s medium-term outlook. By leveraging borrowed funds, the whale is increasing exposure, suggesting expectations of a significant price rebound. This type of leveraged accumulation can create upward pressure on the market, especially when liquidity is thin and sellers are exhausted. However, this strategy also carries risks. If Ethereum fails to sustain its current support near $3,400–$3,500, the whale could face mounting liquidation pressure — amplifying volatility across the broader market. Still, the scale and persistence of these purchases indicate that smart money continues to buy the dip, positioning ahead of what could be a major recovery phase. Related Reading: Bitcoin Inflows To Binance Surge: Daily Average Hits 7,500 BTC Ethereum Consolidates Above as Bulls Attempt to Regain Control The daily Ethereum chart shows a clear consolidation pattern forming above the $3,450–$3,500 zone, signaling an ongoing battle between bulls and bears. After weeks of selling pressure, ETH is attempting to stabilize, finding support at the 200-day moving average (red line), which continues to act as a critical long-term defense level. Despite failing to reclaim the 50-day moving average (blue line), currently near $3,700, the structure suggests that downside momentum is weakening. Recent candles show tighter ranges and declining volume, often a sign of equilibrium before a potential breakout. For Ethereum to confirm a shift in trend, bulls need a decisive close above $3,650, which would open the door toward $3,900–$4,000, where the next key resistance cluster sits. Related Reading: Bitcoin Inflows To Binance Surge: Daily Average Hits 7,500 BTC On the downside, if ETH loses the $3,400 support zone, the next major area of interest lies around $3,100, aligning with previous reaction lows and the psychological barrier where buyers have historically stepped in. Featured image from ChatGPT, chart from TradingView.com
Bitcoin is down by 2.1% in the past 24 hours, and its latest decline has come at a moment when many traders expected the opposite. The US government shutdown is already in the process of winding down after weeks of uncertainty, yet the prices of Bitcoin and Ethereum have continued to drift lower and are under pressure. The cryptocurrency market’s inability to rebound notably has led to active debate among traders on X. One of the most vocal views came from a popular trader known as The White Whale, whose remarks express a growing sense of frustration across the crypto community. The Shutdown Isn’t Really Over The White Whale argument is that the crypto market’s price action is yet to rebound because the government shutdown is not truly over. The analyst insinuates that the apparent resolution to the shutdown is far less reassuring than it looks. Related Reading: Adam Beck’s Bitcoin Realization: What Kind Of Money Is BTC? In his view, the government only approved short-term funding so that federal workers get paid through the holiday period, but this leaves the underlying issue unresolved. The temporary nature of the fix means the same uncertainty could come back in just a few weeks, which he believes is preventing markets from reacting positively. The discussion attracted instant responses, including a contrasting view from another commentator, Nara Sumas. Sumas dismissed the idea that the shutdown is the main factor behind price action, noting that markets barely reacted when the shutdown began. The point is that the macro crypto environment is already heavy with weak sentiment, and there is bad news about the markets every day. Therefore, the crypto market’s decline has more to do with those structural conditions than with government drama. Furthermore, the brief uptick earlier in the week was due to exuberance and not anything based on fundamentals. Despite the pushback, The White Whale doubled down on his stance. He maintained that markets do react to shutdowns, but not immediately. Therefore, the delayed downturn is a reaction after it became apparent to investors that the situation wasn’t going to be resolved quickly. What’s Next For The Crypto Market? The path ahead for the crypto market is tied to whether confidence can return after weeks of choppy price action and sentiment. The exchange between traders on X, like the one highlighted above, shows that many are weighing the impact of the temporary government funding deal against the deeper macro issues that have shaped this downturn. Related Reading: Bitcoin Bull Market Peak Indicators Says Hold Despite Crash Below $100,000, What’s Happening? Even though the shutdown is winding down, the uncertainty around what happens next is notable, especially for investors who rely on clear policy direction before taking on additional risk. At the time of writing, Bitcoin is trading at $102,900, down by 2% in the past 24 hours. At the same time, XRP is witnessing a resurgence in interest, as investors are now awaiting the possible launch of a US-based Spot XRP ETF this week. Featured image from Pixabay, chart from Tradingview.com
The move comes as RISE’s acquired BSX Labs, a perp DEX on layer-2 Base, whose technology will underpin RISE’s new global markets offering.