Ethereum price started a fresh decline below the $4,650 zone. ETH is now showing bearish signs and might gain bearish momentum if it drops below $4,340. Ethereum is still struggling to settle above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,460 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses and dive if there is a close below $4,340 in the near term. Ethereum Price Dips Again Ethereum price started a recovery wave after it tested the $4,260 zone, like Bitcoin. ETH price was able to climb above the $4,320 and $4,350 resistance levels. The price surpassed the 50% Fib retracement level of the key decline from the $4,660 swing high to the $4,261 low. However, the bears remained active near the $4,480 resistance zone. There were two attempts, but the bulls failed to gain strength to clear $4,500. The 61.8% Fib retracement level of the key decline from the $4,660 swing high to the $4,261 low is acting as a barrier. The price reacted to the downside below $4,450. Ethereum price is now trading below $4,450 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance at $4,460 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $4,450 level. The next key resistance is near the $4,480 level. The first major resistance is near the $4,500 level. A clear move above the $4,500 resistance might send the price toward the $4,565 resistance. An upside break above the $4,565 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,650 resistance zone or even $4,720 in the near term. More Losses In ETH? If Ethereum fails to clear the $4,500 resistance, it could continue to move down. Initial support on the downside is near the $4,375 level. The first major support sits near the $4,340 zone. A clear move below the $4,340 support might push the price toward the $4,320 support. Any more losses might send the price toward the $4,260 support level in the near term. The next key support sits at $4,150. 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 – $4,340 Major Resistance Level – $4,500
The Sonic Labs community voted to approve a governance proposal that would support a Nasdaq PIPE and a crypto ETF launch.
The whale's shift from Bitcoin to Ethereum may signal changing market dynamics, potentially influencing investor strategies and crypto valuations.
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Bitcoin price is showing bearish signs below $112,000. BTC is struggling to recover and might start another decline below the $108,000 zone. Bitcoin started a fresh decline below the $112,550 zone. The price is trading below $111,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $108,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it breaks the $108,000 support zone. Bitcoin Price Dips Again Bitcoin price attempted a fresh recovery wave from the $107,352 low. BTC was able to climb above the $108,000 and $108,500 resistance levels. The price cleared the 23.6% Fib retracement level of the key drop from the $113,457 swing high to the $107,352 low. However, the bears remained active near $109,500 and prevented more gains. The price is again moving lower below $109,000. There was a break below a bullish trend line with support at $108,450 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $109,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $109,400 level. The first key resistance is near the $110,000 level. The next resistance could be $110,500 or the 50% Fib retracement level of the key drop from the $113,457 swing high to the $107,352 low. A close above the $110,500 resistance might send the price further higher. In the stated case, the price could rise and test the $112,000 resistance level. Any more gains might send the price toward the $112,500 level. The main target could be $113,500. More Losses In BTC? If Bitcoin fails to rise above the $110,500 resistance zone, it could start a fresh decline. Immediate support is near the $108,000 level. The first major support is near the $107,400 level. The next support is now near the $106,500 zone. Any more losses might send the price toward the $105,500 support in the near term. The main support sits at $103,500, below which BTC might decline sharply. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $107,400, followed by $106,500. Major Resistance Levels – $109,500 and $110,500.
Bitcoin liquidation heat maps favor sellers, who continue to overpower bulls in spot and futures markets despite the return of dip buyers.
Solana’s Alpenglow protocol looks set to pass, with over 99% of cast votes in favor of the proposal that seeks to bring Solana’s transaction finality in line with Google search speeds.
August saw $751M exit U.S. Bitcoin ETFs even as Ethereum funds pulled in nearly $4B, underscoring diverging institutional appetites as BTC stalls
Businesses are outstripping miner output several times over, potentially triggering a supply shock if exchange reserves continue to dwindle.
Artificial intelligence will speed up innovation exponentially, making slow-moving public companies a poor investment vehicle in the future.
Ethereum’s dominance in stablecoins and real-world assets shifted ETH from a speculative play to a major platform for institutional finance.
If you’re new to Bitcoin or the only sats you hold are in an ETF or a centralized exchange, you’d be forgiven for not knowing about Core vs Knots and the entire OP_RETURN saga. But if you’ve weathered a few cycles, HODLed like a champ, and are still scratching your head, it’s time you opened […]
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Private jet flights, yacht cruises and boutique hotels are now taking crypto. But does it make sense for bitcoin’s new wealthy to actually spend their coins?
The director of "The Bourne Identity" and "Mr. & Mrs. Smith" is set to deliver a conspiracy thriller based on the life of Bitcoin creator Satoshi Nakamoto.
At current prices, investors in the token's first round could realize a 20x return on the governance token of Trump-linked World Liberty Financial.
Venture capital firms are now investing in established projects with clear and predictable revenue generation models over early-stage tech.
Top bankers and economists expect the BOJ to hike rates in the fourth quarter, boosting the appeal of yen and yen-backed assets.
Bitcoin faces the support retest that will decide the fate of its latest bull market, analysis says — can bullish RSI divergences save the day?
Bitcoin accumulation by retail and institutions is hitting highs, with one analyst saying it could set the stage for a major breakout as price steadies near $109,000
The bank, which holds more in retail customer deposits than any other in Japan, is aiming to attract younger users with the move.
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Stephan Lutz is the CEO of BitMEX, the industry’s longest-standing crypto futures exchange, dating all the way back to when BTC was still in […]
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September is stacked with big releases, headlined by Hollow Knight: Silksong, Silent Hill f, Borderlands 4, and more.
According to the latest on-chain data, the Bitcoin price has closed beneath a crucial level for the second time in 2025. Here’s how the premier cryptocurrency reacted the last time this happened. Is The BTC Price Correction Worsening? In an August 30 post on social media platform X, crypto analyst Burak Kesmeci revealed that the Bitcoin price could be at risk of further corrective action after falling below a critical on-chain level for a second time this year. The relevant indicator here is the Short-Term Holder (STH) Realized Price, which measures the price at which short-term investors bought their coins. Related Reading: Bitcoin Daily Close Spurs Caution – $110,500 Breakdown Could Shift Momentum For context, short-term holders often refer to investors who have held their coins for 155 days or less. The realized price offers insights into the cost basis of these newer market entrants, who are more sensitive to price fluctuations and show more propensity to move due to sudden changes in prices. The Bitcoin price typically trends above the STH Realized Price during periods of bullish intensity, while it lags below the metric during bear markets. Hence, this short-term realized price often acts as a dynamic resistance and support for the price of BTC. The Bitcoin price recently closed beneath the STH Realized Price of around $108,928 on Friday, August 29. However, that wouldn’t be the first time the price of BTC would be closing below the short-term holders’ cost, as it also did earlier in the year. In February, the market entered into an extended period of correction after the price of Bitcoin closed beneath the STH Realized Price. The flagship cryptocurrency fell almost 20% from around $92,000 to $76,000 between the end of February and the end of April. With the Bitcoin price closing below the Short-Term Holder Realized Price, the premier cryptocurrency stands at risk of the current pullback worsening. If history repeats itself, investors could also see the price of BTC fall 20% to around $86,000. Kesmeci said: In this cycle, as Bitcoin rises not parabolically but like a step-by-step ladder; closings below the STH realized price signal to us that the correction may continue in an annoying way. Bitcoin Price Overview After being under intense bearish pressure going into the weekend, the price of BTC has somewhat stabilized over the past day. However, the Bitcoin price has struggled to return above the psychological $110,000 level. Related Reading: Bitcoin 8% Below CME Gap Ahead Of Monthly Close — Will History Repeat? As of this writing, the price of BTC stands at around $108,675, reflecting a 0.4% increase in the past 24 hours. According to data from CoinGecko, the market leader is down by more than 5% in the past seven days. Featured image from iStock, chart from TradingView
Ethereum co-founder and Consensys CEO Joseph Lubin just gave ETH bulls something to chew on. In a post on X, he applauded Fundstrat’s Tom Lee on his vision for the future of finance and the expanding role of Ethereum in traditional institutions. “Yes, ETH will likely 100x from here. Probably much more.” Joseph Lubin agrees; […]
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US-based crypto ETFs have witnessed a change in dynamics in August, which has seen inflows tipping towards Ethereum ETFs. However, last week’s trend of strong inflows ended with substantial outflows on Friday, with Ethereum ETFs leading the retreat with $164.64 million and Bitcoin ETFs following with $126.64 million. This sudden reversal coincides with an interesting timing of stubborn inflation data that seems to have rattled institutional investors. Related Reading: Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock A Sudden Reversal At Week’s End According to data from Farside Investors, US-based Spot Ethereum ETFs ended the week with $164.64 million in outflows. The outflows came from Fidelity’s FETH with $51 million, Bitwise’s ETHW with $23.7 million, Grayscale’s ETHE with $28.6 million, and Grayscale’s ETH with $61.3 million. BlackRock, on the other hand, witnessed neither inflows nor outflows into its Spot ETH ETFs, alongside 21Shares, VanEck, Invesco, and Franklin Templeton Ethereum ETFs. Friday’s outflows were a jarring departure from the steady gain that had defined Ethereum’s Spot ETFs since August 21. Ethereum’s six-day inflow streak, which had added about $1.876 billion, was brought to an abrupt end with the outflows on Friday. As a result, total assets under management for Spot Ethereum ETFs dipped to $28.58 billion. Ethereum ETF Flow: Farside Investors Meanwhile, Spot Bitcoin ETFs also recorded their first daily decline since August 22 with $126.64 million in outflows on Friday. As a result, their total assets under management dropped to $139.95 billion. However, not every issuer felt the pressure with Bitcoin. Fidelity’s FBTC led the exodus with $66.2 million, followed by ARKB’s $72.07 million and GBTC’s $15.3 million in outflows. On the other hand, BlackRock’s IBIT still managed $24.63 million in inflows and WisdomTree’s BTCW drew in $2.3 million amid the wider outflows. Bitcoin ETF Flow: Farside Investors The underlying cause of the outflows can be attributed to investors digesting the latest data on inflation released on Friday. Notably, the US core Personal Consumption Expenditures (PCE) index climbed 2.9% year-over-year in July, the fastest pace since February, creating fears that the Federal Reserve may hold off on rate cuts. What May Lie Ahead This Week As a new trading week begins, Spot ETF flow in both Ethereum and Bitcoin is likely to depend on how investors continue to interpret the data. If inflation pressures persist, institutional investors may retreat further at the beginning of the week. However, any signs of cooling could see inflows resume mid-week, particularly into Ethereum, where fundamentals are currently favorable. On the price side of things, Bitcoin’s hold above the $108,000 price may offer some relief. However, it needs to stay above $110,000 in order for any upside move to gain momentum. At the time of writing, Bitcoin is trading at $109,910. Related Reading: XRP Price Could See Boost As Japanese Gaming Giant Commits 2.5-B Yen Investment For Ethereum, a daily close above $4,500 could confirm the return of bullish confidence, whereas a slide below $4,400 might signal further weakness. At the time of writing, Ethereum is trading at $4,470, up by 1.7% in the past 24 hours. Featured image from Unsplash, chart from TradingView
The crypto market opened the week on shaky ground, with Bitcoin (BTC) struggling to defend the $107,000 support zone. One analyst has warned that a bearish divergence that has been forming for weeks continues to pressure the price. Daily Chart: The Golden Pocket at $107K For now, Bitcoin’s saving grace is the $107K–$108K golden pocket. …
Since reaching a new all-time high of $124,427 on August 14, Bitcoin has entered a prolonged corrective phase, losing 12.18% of its value over the last two weeks. With market prices now moving within the $109,000 range, market analyst Yonsei_dent has identified a pivotal support level to the present bullish market structure. Related Reading: Analyst Forecasts Bitcoin Price Will Break This Support Level, Can $100,000 Hold? Bitcoin’s $107,800 Line In The Sand: Support Or Breakdown Ahead? In a QuickTake post on CryptoQuant, Yonsei_dent shares some technical insight into the Bitcoin market, highlighting several important price levels at the moment. The analyst explains that Bitcoin’s current market price is sitting almost directly on top of the Short-Term Holder (STH) Realized Price, an important metric that tracks the average cost basis of recently acquired coins. Notably, investors holding coins for 1 week–1 month have an average cost basis of $116,400, while the 1–3 month cohort sits lower at $112,600. Meanwhile, holders in the 3–6 month range show a significantly cheaper cost basis of $93,400. When all these groups of short-term holders are weighted by realized capitalization, the blended average STH cost basis is calculated at around $107,800, i.e., about 1.45%% below present market prices. This alignment makes the $107,800 level a critical line in the sand, so to speak, for the current bullish structure. If Bitcoin remains above this threshold, short-term holders will remain close to breakeven, reducing the likelihood of widespread panic selling. However, if Bitcoin bulls lose this support zone, many new market entrants will fall into loss territory, increasing the potential for a heightened selling pressure. In such a bearish scenario, market participants would likely turn their attention toward the $93,400 support area, where the 3–6 month cost basis resides. This level could provide the next significant cushion, given that investors in this cohort are sitting on healthier profits and are likely to display stronger holding conviction. However, it’s worth stating that the situation is not outright bearish. A decisive recovery above $112,600–$116,400, representing the cost bases of 1–3 months and 1 week–1 month holders, respectively, could restore market confidence and reignite bullish momentum towards a potential return to the present market ATH. Related Reading: Bitcoin’s Next Stop $183K? On-Chain Data Points to Explosive Cycle Peak Bitcoin Price Overview At press time, Bitcoin trades at $109,400 following a 5.65% devaluation in the past month. Meanwhile, the daily trading volume is down by 27.02% and valued at $50.48 billion. With a market cap of $2.15 trillion, Bitcoin remains the largest cryptocurrency and fifth-largest global asset. Featured image from Pexels, chart from Tradingview
Bitcoin is evolving from digital gold to productive capital as BTC now earns native yield, while holders maintain custody and decentralization.
Bitcoin’s red month is almost here, and as we approach yet another September, is it inevitable that prices will dwindle? Let’s take a look at some of the reasons the ninth month of the year is historically bad for Bitcoin. Why September is historically Bitcoin’s red month Since 2013, September has proven to be a […]
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By the time President Trump’s second term is over, Blockstreet's Kyle Klemmer believes that USD1 will be the world’s dominant stablecoin.
The Bitcoin price has had a mixed performance in August, starting with a positive run-up to a new all-time high above $124,000. The premier cryptocurrency, however, has struggled to sustain this momentum in the final two weeks of the month. On Friday, August 29, the price of BTC fell to a six-week low of around $107,500, mirroring the widespread bearish sentiment in the market going into the weekend. While the market has been somewhat stable over the past day, the Bitcoin price has failed to show any real intent of breaking above the psychological $110,000 level. BTC Investors Should Look Out For These Two Support Levels In a Quicktake post on the CryptoQuant platform, CryptoOnchain shared insights on the decline of Bitcoin, revealing that heavy profit-taking by whales was the primary factor behind this corrective phase. According to the on-chain analyst, there are certain levels to watch out for when evaluating the next step for the world’s largest cryptocurrency. Related Reading: Bitcoin 8% Below CME Gap Ahead Of Monthly Close — Will History Repeat? CryptoOnchain revealed two crucial Bitcoin price levels to look out for based on relevant on-chain indicators. Firstly, the crypto analyst identified the Short-Term Holder (STH) Realized Price (1-month – 3-month) as the first line of defense or support for the flagship cryptocurrency. CryptoOnchain described the STH Realized Price as the average acquisition price for investors for investors who have held their for 1 to 3 months. This level has historically served as a strong dynamic support and resistance for the Bitcoin price. According to the analyst, the price of BTC seems to be currently testing the support around this STH Realized Price, as shown in the chart below. Furthermore, CryptoOnchain identified the Realized Value Model’s Mid Price as the ultimate support level to watch for the Bitcoin price. This metric (green line in the chart below), which is based on MVRV and Realized Price, represents the most reliable long-term support level across various market cycles. The on-chain analyst noted that this support level is approximately $92,000, and it could provide the Bitcoin price with the necessary relief if the other short-term supports fail to hold. However, the premier cryptocurrency might have to endure an extended corrective phase if this $92,000 support is broken. Bitcoin Price At A Glance As of this writing, Bitcoin is valued at around $108,689, reflecting no significant price movement in the past 24 hours. According to CoinGecko data, the BTC price is down by almost 6% in the past seven days. Related Reading: Bitcoin Price Plunge Sparks Outrage: Binance Targeted For Alleged Market Manipulation Featured image from iStock, chart from TradingView