Bitwise reiterated its call for BTC to hit $200,000 by the end of 2025, but is not so sure new highs for ETH and SOL are on the cards.
The crypto market cap today has nudged up 0.42% to $3.3 trillion, reflecting a cautiously optimistic stance from investors. The Fear & Greed Index stands at 50, signaling neutrality after a month of volatility. While trading volume rose by 13.08% to $99.85 billion, key assets like Bitcoin and Ethereum remain range-bound. XRP, on the other …
The ongoing streak of daily inflows into Bitcoin ETFs comes as BTC lingers less than 5% below its all-time high of $112,000.
Ethereum currently has strong support at $2,200, but one analyst has pointed out that if the level fails, the next region to watch could be $1,160. On-Chain Data Shows Strong Ethereum Demand Zone Near $2,200 In a new post on X, analyst Ali Martinez has talked about where support lies for Ethereum based on on-chain data. In on-chain analysis, levels are considered as major support/resistance zones if they host the cost basis or acquisition level of a significant part of the ETH supply. The reason behind this lies in the fact that investors are more likely to show some kind of reaction when the retest of their break-even level takes place. This buying/selling is irrelevant to the wider market if only a few holders are having it tested at once, but the story can be different when the retest is of the cost basis of a large amount of them. Related Reading: Dogecoin Under Pressure: Only Top 10 Coin Where Loss-Taking Exceeds Profit Below is the chart shared by the analyst that shows how the different price levels around the current Ethereum spot price are currently looking in terms of the amount of supply that was purchased at them. In the graph, the size of the dot corresponds to the amount of Ethereum supply contained within the associated price range. It would appear that, out of the ranges listed, the $2,218 to $2,396 levels currently have the largest dot, meaning that they host the most supply. More specifically, this range has the cost basis of 6.28 million addresses, who purchased a total of 67.2 million ETH at its levels. Given this fact, it’s possible that should a retest of the range occur, investors could show a strong reaction. But what kind of reaction would it be, buying or selling? Well, these investors are in profit right now and usually, such holders are more likely to double down on the asset during declines to their acquisition mark, as they may believe the same price level would turn out to be profitable again in the future. As such, the $2,218 to $2,396 range could end up acting as a strong support level for Ethereum. In the scenario that ETH falls below the lower end of the range around $2,200, however, it may have to rely on support elsewhere. Related Reading: XRP Down 3% After SEC Settlement Stalls, But Social Media Turns Bullish From the chart, it’s apparent that all the ranges below are much smaller in terms of supply. The next major support zone lies all the way down at $1,160, where 35.9 million addresses acquired 21.58 million tokens. Naturally, Ethereum doesn’t have to slip right through to this zone if $2,200 is lost, but if the data is to go by, it does suggest that the coin could have a harder time regaining footing below it. ETH Price Ethereum is holding above the on-chain demand zone for now as its price is floating around $2,475. Featured image from Dall-E, Sentora.com, chart from TradingView.com
Ethereum price started a fresh increase above the $2,485 zone. ETH is now consolidating gains and might soon aim for a move above the $2,520 resistance. Ethereum started a fresh upward move above the $2,465 level. The price is trading above $2,460 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $2,400 zone in the near term. Ethereum Price Eyes Fresh Gains Ethereum price started a fresh increase above the $2,440 support level, like Bitcoin. ETH price was able to clear the $2,460 and $2,480 resistance levels to move into a positive zone. The bulls even pushed the price above the $2,500 zone. However, the bears were active near the $2,520 level. A high was formed at $2,522 and the price is now consolidating gains. The price dipped below the 23.6% Fib retracement level of the upward move from the $2,435 swing low to the $2,522 high. Ethereum price is now trading above $2,460 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,450 on the hourly chart of ETH/USD. It is close to the 76.4% Fib retracement level of the upward move from the $2,435 swing low to the $2,522 high. On the upside, the price could face resistance near the $2,520 level. The next key resistance is near the $2,550 level. The first major resistance is near the $2,600 level. A clear move above the $2,600 resistance might send the price toward the $2,680 resistance. An upside break above the $2,680 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,750 resistance zone or even $2,800 in the near term. Downside Break In ETH? If Ethereum fails to clear the $2,520 resistance, it could start a fresh decline. Initial support on the downside is near the $2,450 level and the trend line. The first major support sits near the $2,420 zone. A clear move below the $2,420 support might push the price toward the $2,400 support. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,320. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,420 Major Resistance Level – $2,520
Ethereum is trading above $2,400 after enduring several days of volatility and uncertainty. The price has managed to stabilize despite sharp intraday swings, reflecting growing tension between bullish momentum and cautious sentiment. Analysts are now calling for a decisive move, with some expecting a breakout toward higher levels, while others warn of a possible correction if key demand zones fail to hold. Related Reading: Bitcoin Struggles Below ATH After Weeks Of Failed Attempts – $109K Level In Focus On one hand, ETH has shown strength by holding above its short-term support range, suggesting that buyers are stepping in with confidence. Bullish momentum appears to be building, especially as macro sentiment around risk assets begins to recover. On the other hand, opposing views point to weakening volume and lingering macroeconomic risks, which could trigger a deeper retracement if Ethereum fails to sustain current levels. Adding weight to the bullish case is fresh data from CryptoQuant, which highlights a strong accumulation pattern among long-term ETH holders. According to the data, significant buying pressure emerged during the recent consolidation phase, with hodlers steadily increasing their positions. This divergence between price action and accumulation behavior suggests that foundational support for Ethereum remains intact, even as traders await the next major move. Ethereum Accumulation Builds And Market Awaits Breakout Ethereum is struggling to reclaim the $2,500 level, but its ability to hold steady amid ongoing market uncertainty is a sign of underlying strength. For weeks, ETH has traded within a well-defined range between $2,200 and $2,800, with neither bulls nor bears able to take decisive control. This prolonged consolidation has delayed the long-anticipated altseason, which many believe will only begin once Ethereum breaks above key resistance and pushes into higher territory. Despite the lack of clear direction, the macro setup is becoming increasingly interesting. Global markets remain volatile, with shifting interest rate expectations, geopolitical risk, and unpredictable liquidity conditions creating mixed signals across risk assets. Yet Ethereum continues to hold firm, supported not just by technical structure but also by significant long-term holder activity. According to insights from CryptoQuant, a strong accumulation pattern has been detected among Ethereum holders. During the June consolidation phase, long-term investors steadily increased their positions, even as price action remained choppy. This divergence between price and accumulation volume signals growing confidence under the surface. When price consolidates while demand builds, the result is often explosive. With ETH holding key support levels and long-term accumulation rising, the stage may be set for a major move. If Ethereum can push through $2,500 and reclaim higher ground, it could serve as the ignition point for a broader altcoin rally. Until then, the market remains in a state of quiet buildup. Something big is coming—and Ethereum is at the center of it. Related Reading: Ethereum Sees $269M In Net Inflows In 24H – Bullish Momentum Accelerates ETH Struggles With Resistance Amid Mixed Signals Ethereum is currently trading at $2,470 after failing to hold intraday gains above the $2,500 level. The 12-hour chart shows ETH consolidating within a broader range, with $2,200 acting as strong support and $2,800 as key resistance. Despite several bullish attempts, Ethereum has struggled to reclaim higher ground, and the rejection near the 100-period SMA (green line at $2,537) signals persistent selling pressure near resistance. The price is currently trading above the 200 SMA ($2,170) and just under the 50 SMA ($2,507), which now acts as a short-term resistance. This tight positioning of moving averages suggests ETH is at a decision point—either it breaks through $2,500 to target $2,600 and higher, or it risks rolling over if bulls fail to hold momentum. Related Reading: ONDO Breaks Out Of Ascending Channel – Analyst Sets $0.29 Target Volume remains relatively flat, indicating indecision. The overall structure still favors a neutral-to-bullish bias, especially if price continues to close above the 200 SMA. However, a breakdown below $2,400 would increase the risk of a retest of the $2,200 support zone. Featured image from Dall-E, chart from TradingView
Ether rose 3.5% in 24 hours amid record ETF inflows, rising staking, and Robinhood's Arbitrum-based Layer-2 plans.
Crypto stayed flat in a volatile first half of the year thanks to bitcoin. Meanwhile, Ethereum's ETH, Solana's SOL and small caps endured steep losses.
Arbitrum (ARB) price was the best performing top-100 altcoins by market cap in the past 24 hours. The altcoin, which is used by one of the top layer Two (L2) networks for Ethereum (ETH), gained over 6 percent in the past 24 hours to trade about $0.3412 on Monday, June 30, during the mid-North American …
The XRP Ledger (XRPL) has launched its Ethereum Virtual Machine (EVM) sidechain on the mainnet, according to a June 30 announcement. The sidechain would allow developers to create, port, and deploy Ethereum-compatible decentralized applications (dApps) within the XRPL ecosystem. The XRPL EVM sidechain is built to be fast and secure and is connected to the […]
The post XRP Ledger launches EVM sidechain, bridging Ethereum and XRP appeared first on CryptoSlate.
The tokenized versions of U.S.-listed stocks and ETFs will first be available to EU users and issued on Arbitrum, with future plans to deploy them on on Robinhood's own blockchain.
As the Ethereum price approaches Q3, it has shown a notable 3% increase, surpassing the crucial $2,500 mark before stabilizing at $2,470. This upside coincides with an optimistic upgrade to Ethereum’s validator architecture. This is aimed at enhancing both security and decentralization, and to address ETH-staking problems by an “active-active” architecture. A key player in …
Among investors in the share offering were Founders Fund, Pantera, and FalconX.
Crypto investment products recorded $2.7 billion in net inflows last week, according to CoinShares’ latest report. This marks the eleventh consecutive week of positive flows, bringing the streak of inflows to $16.9 billion and helping push the year-to-date total to $17.8 billion. The sustained inflows helped push total assets under management for crypto investment products above $184 […]
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New board chair Tom Lee bets Ethereum will benefit most from an expected boom in stablecoin transactions, which will uplift BitMine's value.
The XRPL EVM Sidechain opens up new Ethereum-compatible decentralized application use cases for the XRP Ledger ecosystem.
Ethereum is back in the game as the price showed some strong upward movement today. After a few slow sessions, ETH bounced back and managed to retest the week’s previous high. At the same time, more than 35 million ETH is now staked, that’s almost 30% of the total supply locked away, reducing the amount …
As the market’s second largest cryptocurrency, Ethereum (ETH), struggles to maintain momentum above the crucial $2,500 threshold, one analyst believes that ETH is poised for a significant rally. In a recent post on social media platform X (formerly Twitter), crypto analyst Cyclop expressed a bullish outlook, labeling the current market conditions as the best long setup for Ethereum he has seen in years. Analyst Sees $4,000 Target This Summer Cyclop highlighted that Ethereum short positions have reached all-time highs, a situation reminiscent of a previous spike that occurred just weeks ago. The analyst noted that liquidity has been swept on both sides, creating a scenario where market uncertainty may actually benefit Ethereum. “Most doubt ETH and altcoins right now—I’m betting on $4,000 this summer,” he stated confidently. Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 Cyclop outlined several key factors driving his optimistic stance. First, he pointed to the recent Pectra update, which has reinvigorated interest in Ethereum by enhancing transaction capabilities, updating security features, and improving staking options. This update has reportedly led to increased demand, contributing to a potential price surge. Moreover, Cyclop emphasized the broader macroeconomic landscape, noting that cryptocurrency adoption is accelerating beyond Bitcoin (BTC), with Ethereum taking a prominent role. The analyst suggests that major corporations and banks are beginning to purchase and stake Ethereum, further boosting trust and interest in the digital asset which could ultimately result in more demand and more price uptrends. Ethereum Rallies May Trigger Altcoin Boom On-chain metrics also favor Ethereum, with the cryptocurrency ranking highly in various categories, according to Cyclop. It currently stands as the second-highest by fees, leads in bridged net flows, and ranks third in stablecoin supply changes, showcasing its robust market position. Another critical aspect of Cyclop’s analysis concerns altcoins and the upcoming altseason, traditionally characterized by a rush of investment into Ethereum before spilling over into smaller tokens. He pointed out that historical patterns indicate that Ethereum price rallies often trigger broader altcoin surges, and the current market sentiment suggests that many altcoins are at their lowest ebb. Related Reading: Dogecoin Silent Build-Up: Double Bottom Hints At Explosive Move To $0.47 While Cyclop acknowledges that a majority of altcoins may face significant challenges, he argues that ETH remains undervalued, especially with Bitcoin trading near $100,000. He has made strategic moves, reallocating some of his Bitcoin holdings into Ethereum and promising strong altcoins. His initial target for Ethereum is $3,000, where he plans to take profits, followed by a series of sell orders between $4,000 and $6,000. As of press time, ETH trades at $2,500, a 12% price increase in the weekly time frame. Featured image from DALL-E, chart from TradingView.com
Year-to-date inflows now stand at $17.8 billion, on par with the same period in 2024, CoinShares Head of Research James Butterfill noted.
Ethereum price started a fresh increase above the $2,480 zone. ETH is now consolidating gains and might soon aim for a move above the $2,520 resistance. Ethereum started a fresh upward move above the $2,450 level. The price is trading above $2,450 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $2,420 zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the $2,420 support level, like Bitcoin. ETH price was able to clear the $2,450 and $2,480 resistance levels to move into a positive zone. The bulls even pushed the price above the $2,500 zone. However, the bulls were active above the $2,500 level. A high was formed at $2,523 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,394 swing low to the $2,523 high. Ethereum price is now trading above $2,450 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,520 level. The next key resistance is near the $2,550 level. The first major resistance is near the $2,580 level. A clear move above the $2,580 resistance might send the price toward the $2,650 resistance. An upside break above the $2,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,800 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $2,520 resistance, it could start a fresh decline. Initial support on the downside is near the $2,480 level. The first major support sits near the $2,460 zone or the 50% Fib retracement level of the upward move from the $2,394 swing low to the $2,523 high. A clear move below the $2,460 support might push the price toward the $2,440 support. Any more losses might send the price toward the $2,400 support level in the near term. The next key support sits at $2,350. 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 – $2,440 Major Resistance Level – $2,520
The broader crypto market is holding steady going into the final days of June, with the total market capitalization rising modestly to $3.29 trillion. Despite this, trading volume has slipped by over 15%, suggesting reduced participation heading into the weekend. The Fear & Greed Index rests at a neutral 49, hinting at market indecision. Talking …
Ethereum is facing a crucial test as bulls and bears lock into a tight battle around the $2,500 level. Despite repeated attempts, bulls have yet to establish control above this key resistance, while bears have been unable to push the price to new lows, signaling an indecisive but increasingly tense standoff. This price compression comes at a time when broader market sentiment is shifting. The US stock market has just reached a new all-time high, and analysts believe crypto could be next to follow. Related Reading: ONDO Breaks Out Of Ascending Channel – Analyst Sets $0.29 Target Fueling that optimism is fresh data from Artemis showing that Ethereum recorded over $269 million in net inflows in the past 24 hours. This sharp increase in capital moving into ETH reflects renewed investor confidence and may act as a catalyst for further price action. As global liquidity trends upward and risk appetite returns, Ethereum continues to gain momentum. Still, the $2,500 level remains a major hurdle. A confirmed breakout above it could trigger a sharp move higher, potentially leading the way for altcoin recovery. Until then, ETH traders remain on alert, watching for either a clean breakout or another rejection in what could be a defining moment for Ethereum’s mid-term direction. Ethereum Builds Strength As Altseason Awaits Breakout Ethereum has been consolidating in a broad range, trading between $2,200 and $2,800 for several weeks. This tight band of price action reflects a broader indecisiveness across the altcoin market, with traders still waiting for a definitive breakout to kickstart the long-anticipated altseason. Despite occasional surges in momentum, ETH has yet to break above the $2,800 mark—a level that could open the door for sustained upside and renewed altcoin activity across the board. The macroeconomic environment remains a wildcard. With mixed inflation data, geopolitical risks, and a volatile interest rate outlook, markets are reacting cautiously. Yet, amid this backdrop, Ethereum continues to show resilience. Many analysts believe that once ETH breaks out of this range, it could act as the trigger for a broader altcoin rally. Adding to the bullish outlook is fresh data shared by top analyst Ted Pillows, who highlighted a significant shift in investor behavior. According to Pillows, Ethereum saw over $269 million in net inflows in the last 24 hours, signaling renewed demand from institutional and retail players alike. These inflows, tracked by Artemis, point to growing confidence and could serve as the foundation for Ethereum’s next leg higher. While uncertainty lingers, momentum is quietly building. Ethereum’s ability to hold above $2,200 and attract capital during macro headwinds suggests strength beneath the surface. For altseason to truly ignite, ETH must break out of its current range and push decisively into higher territory. Until then, traders and investors continue to watch closely, knowing that once the breakout happens, it could shift the entire market cycle forward. Related Reading: Ethereum Holds Critical Long-Term Channel – Next Move Could Be Parabolic ETH Consolidates Below 200-Day SMA Ethereum is currently trading at $2,427, consolidating below the key 200-day simple moving average (SMA) at $2,544. After bouncing off support near $2,200 earlier this month, ETH has managed to hold above the 100-day SMA ($2,167) and regain some structure. However, the price remains capped by a cluster of resistance levels, including the 50-day SMA ($2,534) and the 200-day SMA, both of which are converging near $2,540—a critical zone for bulls to reclaim. The chart shows that Ethereum has been trading within a broad range between $2,200 and $2,800 for several weeks, reflecting indecision in the market. The failure to break through the $2,800 zone earlier in June has kept ETH in a sideways pattern. Volume has also declined, suggesting caution among traders as ETH tests this tight band of resistance. Related Reading: Bitcoin Forms 4-Year Inverse H&S Pattern – Neckline Break Could Send It Parabolic A strong daily close above the $2,540–$2,550 region could confirm a bullish breakout and reignite momentum toward the $2,800 level. On the downside, a drop below $2,300 would weaken the current setup and expose Ethereum to further losses. Featured image from Dall-E, chart from TradingView
The cryptocurrency market — specifically Bitcoin and Ethereum — has performed quite well in the second quarter of 2025, which is a stark contrast to the first quarter’s performance. The premier cryptocurrency capitalized on this bullish momentum, jumping to a new all-time high above the $111,000 mark. Similarly, the price of Ethereum started its own resurgence and reclaimed the $2,000 mark in early May, albeit the altcoin has been stuck in a consolidation range over the past month. Despite the brewing market uncertainty due to the escalating tensions between Israel and Iran, Bitcoin and Ethereum have managed to stay afloat. US Investors Keep Crypto Prices Afloat In a new post on the X platform, on-chain analyst Burak Kesmeci revealed that United States investors have been active in the market over the past few weeks. The crypto analyst explained that this correlates with the Bitcoin and Ethereum prices withstanding bearish pressure in recent weeks. Related Reading: You Won’t Believe Who’s Moving Millions in Bitcoin on Binance Right Now This on-chain observation is based on the Coinbase Premium Index, which tracks the difference between the crypto prices on the US-based Coinbase exchange (USD pair) and global Binance exchange (USDT pair). This metric reflects the sentiment of the US institutional entities (the major players on Coinbase) compared to those on global exchanges. Typically, when the price premium on Coinbase has a positive value, it implies increasing demand from US investors, who are willing to spend more than other global investors to buy cryptocurrencies (Bitcoin and Ethereum, in this case). On the flip side, the Coinbase Premium Index falling beneath the zero mark signals that US investors are buying less compared to the global traders. According to Kesmeci, the Bitcoin and Ethereum Coinbase Premium Index (excluding the abrupt dip in BTC on May 29) has been in the positive territory since May 9, 2024. This 47-day streak suggests high buying activity from US institutional investors despite geopolitical tensions. Kesmeci added: In the U.S., institutional investors and Bitcoin & Ethereum ETF investors (except for Fidelity) continue their heavy purchases through Coinbase (and have been for weeks). This is why Coinbase Premiums are showing strong positive momentum. Because of this (in my opinion), despite the crises, we haven’t seen a sharp drop in Bitcoin or Ethereum in the market. In essence, the on-chain analyst believes the Bitcoin and Ethereum prices have been able to weather the storm with the rising tensions in Asia because US investors have been active in the market. Naturally, risk assets tend to succumb to bearish pressure during unstable conditions like wars, global pandemics, and so on. Bitcoin & Ethereum Price As of this writing, the price of BTC stands at around $107,100, reflecting no significant movement in the past 24 hours. Meanwhile, the Ether token is valued at around $2,420, with a mere 0.6% price jump in the past day. Related Reading: Bitcoin Lockdown: 14 Million BTC Now In Cold Storage As Holders Dig In Featured image from iStock, chart from TradingView
Crypto analyst XForce has predicted that Ethereum could reach a new all-time high (ATH) of $10,000 in this market cycle. He acknowledged that there is yet to be a macro fundamental that supports this bullish outlook, but remarked that it remains “ideal.” Ethereum Eyeing Rally To As High As $10,000 In an X post, XForce stated that Ethereum is still looking to shoot for a new ATH this cycle and could end around $9,000 to $10,000. This followed his remarks that ETH’s move up on the shorter timeframes was objectively impulsive. In other words, these rallies were bullish with real-time technical indicators. Related Reading: Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow As to what could drive this Ethereum rally to $10,000, XForce noted that there is no macro scenario providing a good look. However, he remarked that this rally to this ambitious target remains only ideal in nature, given the context. The analyst added that this idea remains his primary prediction for now. Crypto analyst Venturefounder also recently predicted that Ethereum could reach this $10,000 price target in this market cycle. However, the analyst declared that ETH’s run to this ambitious target depends on whether the altcoin is able to flip $4,000 into support by the fourth quarter of this year. Crypto analyst Titan of Crypto also recently suggested that Ethereum was ready for a lift-off. In an X post, he stated that after a failed breakout, ETH deviated below and found support right on the cloud. Now, the altcoin is back within the range. For a bullish momentum to resume, Titan of Crypto claimed that ETH must clear the cloud and reclaim the Kijun around $2,500. The analyst had previously predicted that Ethereum could rally to $8,500 in this market cycle. An Ultra Bullish Scenario For ETH In response to his initial X post, XForce provided an alternative scenario for Ethereum, in which it could rally to as high as $150,000. The analyst remarked that it would be wild to see this play out, but that it remains an option based on an idealized 5-wave structure. ETH is expected to reach the $150,000 target on Wave 5. Related Reading: Ethereum Price Crash To $2,100 Triggers Fear, But Why Are Analysts Predicting A Rally To $6,000? XForce’s accompanying chart showed that Ethereum could reach this $150,000 target by July 2028. The analyst remarked that the uber bullish scenario remains his alternative because there seems to be no logical approach for ETH to reach such levels. He again warned that neither scenario provides the proper context on the macro, but only remains ideal. As such, based on logic, XForce remarked that it is best to choose the best of the worst. At the time of writing, the Ethereum price is trading at around $2,400, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Ethereum is showing signs of renewed strength, trading 75% above its April lows as bulls attempt to reclaim lost ground. Despite this impressive recovery, ETH still sits roughly 98% below its all-time highs, leaving significant room for growth if bullish momentum accelerates. Market sentiment is shifting, with many analysts and investors eyeing Ethereum as the leading candidate to spark the long-awaited altseason. Related Reading: Bitcoin Forms 4-Year Inverse H&S Pattern – Neckline Break Could Send It Parabolic Top analyst Ted Pillows recently shared a technical view suggesting that Ethereum has once again retested its lower channel — a pattern that has historically preceded explosive rallies in previous market cycles. In both 2017 and 2021, this same setup led to massive gains, and some believe this cycle could be no different. With macro conditions still uncertain but risk appetite growing across crypto markets, Ethereum’s price action is being closely watched. If the pattern holds, ETH could be on the verge of a powerful breakout that pulls the broader altcoin market along with it. Whether this becomes a historic launchpad or another consolidation phase remains to be seen, but for now, Ethereum is clearly at the center of attention. Ethereum Holds Key Support As Historic Pattern Signals Bullish Potential Ethereum is trading at a crucial technical level after reclaiming the $2,400 mark, where bulls and bears are locked in a tug-of-war. Buyers have managed to defend the key support zone, but upward momentum remains muted as broader market sentiment remains cautious. Geopolitical tensions and tightening macroeconomic conditions continue to shape risk appetite, making many investors hesitant to fully commit to high-beta assets like Ethereum. Still, the long-term setup is attracting attention from seasoned analysts. Pillows points to a recurring historical pattern that could define Ethereum’s trajectory in the coming months. According to his analysis, ETH has retested its lower trend channel once in each major market cycle, and each retest has preceded extraordinary rallies. In 2017, Ethereum surged 300x from this setup. In 2021, it delivered a 50x return. If history even partially repeats itself, a conservative 6x move would send ETH above the $10,000 mark. The setup is technically sound and aligns with the broader sentiment that Ethereum could lead the next altcoin rally, especially if Bitcoin breaks into price discovery. While uncertainty remains, ETH’s current position is a pivotal zone. If bulls manage to maintain structure and push toward range highs, the conditions for a breakout may soon align. Related Reading: Ethereum Staking Hits Record High: 29.02% Of Supply Locked Signals Long-Term Conviction ETH Holds $2,400 Level But Faces Resistance Ethereum is consolidating around $2,422 after reclaiming the $2,400 support zone, but the chart shows that bulls face significant resistance just above current levels. On the 12-hour timeframe, ETH has struggled to break above the 50- and 100-period simple moving averages, currently sitting at $2,518 and $2,536, respectively. This cluster of resistance has capped every recent attempt to move higher, reinforcing it as a short-term barrier that bulls must overcome to regain momentum. ETH’s failed breakdown below $2,200 earlier this week now looks like a bear trap, as buyers stepped in aggressively to reclaim lost ground. Still, without a decisive break above $2,530, Ethereum remains vulnerable to another retest of the $2,300–$2,200 support zone. Related Reading: Ethereum Fakes Out Bears – Altcoin Rally Depends On Key Level Breakout The 200-period SMA near $2,160 remains a key downside level to watch — if price fails to hold above it on future dips, bears could regain control. For now, Ethereum appears to be range-bound, caught between macro uncertainty and bullish hopes for an altseason. A breakout above $2,550 would confirm renewed strength and open the door for a push toward $2,800. Featured image from Dall-E, chart from TradingView
Ethereum has seen a notable spike in its daily transactions after a week filled with uncertain market movement. While the rise in the daily transactions has caught attention, what is really essential to point out is that it has been a long time since the daily transactions have been this high. In fact, the spike has led to the highest level that Ethereum’s daily transactions have been in over 16 months, showing a return to the blockchain that seemed previously abandoned. Ethereum Daily Transactions Cross 1.7 Million According to data from the on-chain data aggregation website, Nansen, the Ethereum daily transaction count has spiked by almost 50% over the last few days. The week had begun with the daily transaction count sitting at 1.2 million on Monday. However, by Wednesday, this figure was already changing rapidly to reach new yearly peaks. Related Reading: Extended Wave 5 Scenario Puts Bitcoin Price Above $300,000 With Step-Like Structure In Place As the Ethereum price rose above $2,400, so did participation on the blockchain, leading daily transactions to rise to 1.729 million. This sharp spike has led to the highest level so far in 2025, and is the first time since January 2024 that the daily transactions has crossed the 1.7 million mark. At the same time, there was also an unusual spike in the daily active addresses, which rose by almost 50% as well in the same time period. The daily active addresses rose from 345,406 addresses to 593,637 addresses in the space of four days. All of these have happened as the Ethereum price has recovered, suggesting that the spike in on-chain participation is actually more from investors buying than selling. If this trend continues, then it could send the Ethereum price soaring higher from here. Sell Volume Begins Dominating ETH Price In contrast to the rise in Ethereum on-chain participation, there has also been an increase in the on-chain sell volume compared to the buy volume. Nansen data points out that in the $168.37 million on-chain buy volume recorded in a 24-hour period, approximately $78.15 million was going toward buys, while a little over $90 million was from sellers. Related Reading: Ethereum Not Out Of The Woods Yet: Why Another 30% Crash To $1,800 Is Coming Furthermore, when it comes to individual transactions involved in buying and selling Ethereum, the sellers remain in the lead. There were more than 52,000 buy transactions recorded during this period, with around 24,300 buyers. While the sell transactions ran up towards 74,000, with sellers at more than 32,000. This shows a higher percentage of sellers compared to buyers, which would explain why the price has been unable to reach other support levels. This rise in the selling volume suggests that the buys are not enough to absorb the selling volume. This could fight off any buying momentum that could lead to a price recovery and keep the Ethereum price down while the crypto market struggles to find its footing. Featured image from Dall.E, chart from TradingView.com
Ethereum is currently trading in a period of subdued price movement, reflecting broader consolidation across the crypto asset market. At the time of writing, ETH is trading around $2,423, marking a slight 0.9% daily decrease and standing more than 50% below its all-time high of $4,878. This stagnation has coincided with a broader lack of catalysts to drive a sustained rally, leaving traders cautious about Ethereum’s near-term trajectory. Despite this lack of price momentum, network activity on Ethereum tells a different story. Related Reading: Ethereum Reclaims $2,444 Level – Bullish Continuation In Focus Ethereum On-Chain Metrics Point to Increased Network Engagement According to CryptoQuant analyst Carmelo Alemán, the number of confirmed transactions on the Ethereum network recently spiked to 1,750,940, making it the third-highest daily transaction count in its history. Alemán notes this trend may signal underlying usage strength, even as market participants wait for a more significant price response. Alemán’s analysis focuses on Ethereum’s “Transaction Count (Total)” metric, which captures all forms of activity, including ETH transfers, smart contract executions, and interactions with decentralized applications and DeFi protocols. The recent surge reverses a months-long downtrend and represents the highest transaction count since January 14, when Ethereum recorded 1.96 million transactions. According to Alemán, this spike may be driven by increased arbitrage, trading activity, and interactions with Layer 2 networks, which continue to absorb substantial transaction volume. Platforms like Arbitrum and Optimism remain key contributors to Ethereum’s broader usage. He further points out that, despite ETH price volatility within the $2,100–$2,880 range in recent weeks, the uptick in network traffic may hint at early-stage accumulation or renewed DeFi interest. This dynamic, while not immediately reflected in the asset’s valuation, suggests that Ethereum’s core infrastructure continues to see meaningful use. Speculative Behavior and Exchange Flows Raise Short-Term Concerns Separately, another CryptoQuant analyst, Amr Taha, has examined Ethereum’s recent technical setup from a derivatives market perspective. Taha highlights that ETH funding rates on Binance have shifted from negative to positive territory, a sign that leveraged long positions are building, which may reflect expectations of continued price upside. However, this shift also raises the potential for overextension, particularly if longs begin to dominate positioning. Related Reading: Ethereum Fakes Out Bears – Altcoin Rally Depends On Key Level Breakout Taha also references a recent retest of a key short-squeeze zone, during which market participants who had shorted ETH were forced to close positions, triggering rapid buy orders. Such moves can generate short-term surges, but they’re often followed by correction phases once speculative energy fades. Meanwhile, exchange data showed more than 177,000 ETH deposited on Binance over three days, indicating potential sell pressure or repositioning by large holders. Featured image created with DALL-E, Chart from TradingView
Ethereum (ETH) has recorded strong gains over the past two weeks, rising from $2,111 on June 12 to $2,515 on June 25, reigniting hopes for a sustained bullish rally that could push the digital asset beyond the crucial $3,000 level. Ethereum Rally Marked By Shift In Dynamics According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Ethereum’s latest rally has been accompanied by a notable shift in market dynamics – including a flip to positive funding rates, a potential short squeeze, and a rise in ETH inflows to Binance crypto exchange. Related Reading: Ethereum Breakout Imminent? Broadening Wedge Hints At $4,200 Surge Recent data from Binance reveals a significant shift in ETH funding rates from negative to positive. Positive funding rates typically indicate that traders are opening or holding leveraged long positions, reflecting expectations of further upside. However, rising funding rates may also raise the risk of a short-term price pullback if long positions become overextended. Data from CoinGlass shows that 68.15% of liquidations over the past 24 hours were long positions – highlighting this risk. Taha also emphasized the role of a short squeeze in Ethereum’s recent price surge and the increase in funding rates. As ETH’s price climbed, it retested the previous short-squeeze zone around $2,500. He explained: In that earlier event, short positions were forcibly closed by initiating aggressive market buy orders to cover their exposure, triggering a cascading effect known as a short squeeze. This dynamic occurs when traders who had bet against ETH (shorts) are forced to close their positions by aggressively buying back the asset to limit losses. Meanwhile, ETH inflows to Binance have also spiked. On-chain exchange data suggests that 177,000 ETH was deposited into Binance over a three-day period – an unusually high volume. Such a surge typically signals increased selling pressure or large-scale repositioning by major holders. Large transfers of ETH to exchanges often precede either potential sell-offs or liquidity provisioning. In conclusion, Taha noted that while a short-term correction may be likely, ETH’s breakout above $2,500 underscores the aggressive speculative activity driving its recent price action. Traders are advised to closely monitor funding rates and exchange flows for signs of an impending retracement. ETH Bulls Take The Charge Recent technical analysis suggests ETH may be gearing up for a breakout above the $2,800 resistance level. The asset also recently formed a golden cross on the daily chart, fuelling speculation that a new all-time high (ATH) could be within reach. Related Reading: Ethereum Bulls Wake Up: $4,000 Target Back on the Radar After Reclaiming Key Level That said, ETH is not entirely in the clear. Technical analyst Crypto Wave recently predicted that the cryptocurrency may revisit lower levels in the $1,700 to $1,950 range. At press time, ETH trades at $2,429, down 0.4% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
A major breakthrough has just arrived for Bitcoin and the crypto industry from one of the most influential financial regulatory bodies in the United States. The Federal Housing Finance Agency (FHFA), which oversees the country’s largest mortgage liquidity providers, has issued a directive that could change how digital assets are viewed. Under this directive, mortgage liquidity providers have been officially ordered to begin preparations for considering cryptocurrencies as part of a borrower’s asset portfolio during mortgage evaluations. Crypto As Mortgage-Eligible Asset In a recent post on the social media platform X, FHFA Director Bill Pulte issued a directive instructing Fannie Mae and Freddie Mac to prepare proposals that allow homebuyers to count cryptocurrency holdings held on US-regulated exchanges as part of their asset reserves for mortgage applications without converting them into dollars. Related Reading: These Companies Are Following Saylor’s Strategy Into The Bitcoin Battleground With Over $2 Billion Slated To Buy BTC Crypto assets have always been excluded from mortgage risk assessments unless converted to U.S. dollars before closing. However, this recent move breaks that barrier. This policy shift aligns with former President Donald Trump’s campaigns to establish the United States as the crypto capital of the world. Pulte, who was recently sworn in as the 5th Director of U.S. Federal Housing FHFA in March 2025, is now part of those taking steps to make this vision a reality. According to the order, both Fannie Mae and Freddie Mac must also factor in market volatility and enforce strong risk-based adjustments before implementing the new assessment method. Fannie and Freddie are government-sponsored enterprises that do not issue mortgages themselves but play an important role in the housing market by purchasing home loans on the secondary market and setting the criteria for the loans they are willing to acquire. Bitcoin To Benefit The Most, But Where Does XRP Stand? Bitcoin is going to benefit the most from this policy update. Being the largest and most widely held cryptocurrency, Bitcoin has long been considered the digital gold standard, which makes it a natural candidate for institutional recognition. Related Reading: Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’ Its established presence on U.S.-regulated exchanges and deep liquidity profile through Spot Bitcoin ETFs tick nearly every box laid out in the FHFA’s directive. However, the decision raises an important question for XRP holders as to whether the same regulation will be extended to XRP. Unlike Bitcoin, XRP has had a complicated history with regulatory agencies in the US, most notably the SEC. Although recent legal clarity around XRP has allowed the crypto to resume trading on major US-based exchanges, it isn’t really certain whether Fannie Mae and Freddie Mac will be quick to include it under this new directive. Nonetheless, the FHFA’s directive doesn’t specify eligible tokens. It simply refers to cryptocurrencies held on US-regulated exchanges. As such, the directive could be quick to include US-based cryptocurrencies like XRP and Ethereum alongside Bitcoin. Other countries are already far ahead with XRP in real estate. In Japan, for instance, Open House Group allows XRP payments for property purchases in cities such as Tokyo and Osaka. Dubai is also using the XRP Ledger to tokenize real estate. Featured image from Pixabay, chart from Tradingview.com
Ethereum is trading at a critical level after reclaiming the $2,400 mark, showing resilience in the face of market-wide volatility. Bulls have managed to defend key support levels following a recent fakeout below $2,200, but momentum remains fragile as ETH struggles to establish a clear trend. Despite attempts to push higher, price action is consolidating near the mid-range, suggesting indecision among traders. However, fundamental strength continues to build beneath the surface. Related Reading: Ethereum Fakes Out Bears – Altcoin Rally Depends On Key Level Breakout Top analyst Ted Pillows highlighted a major on-chain development: the percentage of Ethereum supply being staked has reached a new all-time high. This milestone signals rising confidence among long-term holders and validators, who are increasingly locking up ETH to secure the network and earn yield. Elevated staking levels historically coincide with lower active supply and reduced sell pressure—an encouraging sign for bulls anticipating a breakout. As macroeconomic uncertainty and geopolitical risks persist, Ethereum’s price behavior at this level could determine whether the broader altcoin market finally ignites. For now, ETH sits at a technical and psychological crossroads, with both bulls and bears preparing for the next major move. All eyes are on staking data and price structure to guide what comes next. Ethereum Builds Bullish Momentum As Staking Hits All-Time High Ethereum has climbed 75% from its April lows, showing strong recovery and resilience in a volatile market. Despite this impressive rebound, ETH remains nearly 98% below its all-time high, leaving significant upside potential. Many analysts believe Ethereum could be gearing up for a rally that may trigger the long-awaited altseason. However, caution still lingers in the market due to ongoing global risks and macroeconomic uncertainty, including rising interest rates and geopolitical tensions. The growing optimism is supported by improving on-chain fundamentals. Ted Pillows highlighted a key metric showing that the percentage of Ethereum supply staked has reached a new all-time high of 29.02%. This steady increase in staked ETH reflects strong long-term conviction from holders, who are choosing to lock up their assets to support the network and earn yield rather than sell during market turbulence. Historically, high levels of staking reduce active circulating supply, which can ease sell pressure and fuel bullish price movements. Combined with technical strength and growing confidence among long-term investors, Ethereum appears well-positioned for a breakout, provided bulls can hold current levels and reclaim resistance zones. Related Reading: Ethereum Reclaims $2,444 Level – Bullish Continuation In Focus ETH Reclaims Key Level But Faces Resistance Ethereum (ETH) is showing renewed strength after bouncing from its April 2025 lows and reclaiming the $2,400 level. On the weekly chart, ETH is up over 10% this week, closing firmly above the 200-week simple moving average (SMA) at $2,437.52 — a key threshold that previously acted as both resistance and support in past cycles. Reclaiming this level is a bullish sign and shows that buyers are stepping back in after months of selling pressure. However, Ethereum now faces significant resistance around the $2,625–2,660 zone, where the 100-week and 50-week SMAs converge. This zone has historically served as a pivot for major price action, and a clear break above it would likely trigger a broader rally targeting the $2,800–$3,000 range. Volume has also picked up, signaling renewed interest, though it remains below early 2024 levels. This indicates cautious optimism among traders, especially as global macro uncertainty and geopolitical tensions continue to weigh on markets. Featured image from Dall-E, chart from TradingView