RAVE has surged several thousand percent in seven days, driving frenzied trading activity and large liquidations, second only to industry leaders bitcoin and ether.
The BOJ's dovish shift keeps the yen carry trade alive, the same trade whose unwind crashed bitcoin 24% in two days in August 2024.
Crypto-related stocks closed higher on Monday, with Circle jumping 12%, Bullish rising 7.5%, and Coinbase gaining 3.9%.
Bitcoin falling to the $50,000 level is being seen as the “last significant accumulation zone” before any sustained recovery, says LVRG Research director Nick Ruck.
The stablecoin fight is mostly done. DeFi rules are next. And according to White House Crypto Advisor Patrick Witt, a Senate vote might be closer than most expect. The CLARITY Act is now pushing through the Senate Banking Committee, which is the final major step before it can hit the Senate floor. In a recent …
The potential launch of new financial tools by X could reshape the crypto landscape, fostering innovation and broader market recovery.
The post X product chief floats idea of building “something” to address crypto slump appeared first on Crypto Briefing.
Ethereum's recent outperformance of Bitcoin suggests a shift in crypto market dynamics and investor sentiment.
The post Kavita Gupta: Ethereum outperforms Bitcoin, insider trading poses unique challenges in prediction markets, and long-term strategies are key for navigating volatility | Unchained appeared first on Crypto Briefing.
Strong institutional activity pushed DOGE out of consolidation, but the real test sits just above current levels.
Strong volume and rising demand contrast with deeply bearish sentiment, setting up a potential move if $1.42 clears.
The American Bankers Association is concerned that stablecoin yields would lead to mass deposit outflows from smaller community banks.
As Ethereum (ETH) retests a crucial support zone, Bitmine, the second-largest crypto treasury, has announced its latest ETH purchase, which pushed the company’s holdings closer to its ultimate goal. Related Reading: Dogecoin (DOGE) Retreats, Can Bulls Reclaim Upside Momentum? Bitmine Reaches Major 4% ETH Milestone On Monday, the largest Ethereum treasury in the world, Bitmine Immersion Technologies, revealed it had reached a major milestone after purchasing roughly $157 million of ETH in the past week. In its latest update, the company shared that it acquired 71,524 ETH over the past week, its highest pace of buys since the week of December 22, 2025. Bitmine’s Chairman, Tom Lee, detailed that the Ethereum treasury “has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the ‘mini-crypto winter.’” Notably, the company has been ramping up its bet on the King of Altcoins over the past month, significantly increasing its average of 45,000-50,000 ETH purchases from previous weeks. Now, the company’s crypto and cash holdings have reached $11.8 billion at current prices, comprised of 4,874,858 ETH, 198 Bitcoin (BTC), a $200 million stake in Beast Industries, an $85 million stake in Eightco Holdings as part of its “Moonshots” initiative, and unencumbered cash worth $719 million. In addition, Bitmine’s Ethereum holdings have reached 4% of the total ETH supply. This represents a key milestone toward the company’s goal of controlling 5% of the leading altcoin’s 120.7 million supply, which is currently 81% complete. Last week, the treasury firm announced its uplisting to the New York Stock Exchange (NYSE) from the NYSE American on April 9, 2026, and the expansion of the share repurchase program to $4 billion. Ethereum Starts Q2 In Green In the weekly update, Lee also discussed ETH’s performance amid the ongoing conflict between the US and Iran, noting that “this war remains the most important driver of global markets.” He highlighted that “ETH is now the best-performing asset since the start of the war, with a 17.4% gain and outperforming the S&P 500 by 1,830 basis points. And we believe ETH beating gold by 2,743 basis points demonstrates ETH is the wartime store of value.” “Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains,” he continued. Market observer Daan Crypto Trades pointed out that Ethereum started the quarter “slightly in the green so far,” with a 3.7% increase Quarter-to-Date (QTD), according to CoinGlass data. The trader noted that this quarter “is generally the best quarter, together with Q1, for Ethereum,” as it has ended in green eight out of ten times, with an average and median return of 58.3% and 15.3%, respectively. Related Reading: Bitcoin Bulls Must Hold This Level Or Price Could Crash To $65,000 Again Meanwhile, crypto analyst Ted Pillows highlighted that ETH is back in its $2,150-$2,200 support zone after the weekend pump. Per the post, if this zone holds, the King of Altcoins could rally back above $2,250 and potentially move toward last month’s top near $2,400. Nonetheless, they warned investors about a potential drop if momentum doesn’t hold. “We’ve seen that historical price action has not really been in Crypto’s favor the past year, so take everything with a grain of salt,” Daan cautioned. Featured Image from Unsplash.com, Chart from TradingView.com
The six-week range that capped every rally at $73,000 finally broke on Monday as stocks erased all Iran war losses and Trump signaled willingness to resume peace talks.
Solana started a fresh increase above the $85 zone. SOL price is now consolidating near $87 and might aim for more gains above the $90 zone. SOL price started a fresh upward move above the $82 and $85 levels against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $83.60 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $88 resistance zone. Solana Price Starts Fresh Recovery Wave Solana price started a decent increase after it settled above the $82 zone, like Bitcoin and Ethereum. SOL climbed above the $85 level to enter a short-term positive zone. Earlier, there was a break above a bearish trend line with resistance at $83.60 on the hourly chart of the SOL/USD pair. The price even smashed the $86 resistance. A high was formed at $86.85, and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $81.32 swing low to the $86.85 high. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $86.80. The next major resistance is near the $88 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $100. Any more gains might send the price toward the $102 level. Downside Correction In SOL? If SOL fails to rise above the $88 resistance, it could start another decline. Initial support on the downside is near the $85.50 zone. The first major support is near the $84.00 level and the 50% Fib retracement level of the recent upward move from the $81.32 swing low to the $86.85 high. A break below the $84.00 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $76.50 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $85.50 and $84.00 Major Resistance Levels – $88.00 and $90.00.
Crypto markets are having a strong Tuesday. Bitcoin jumped nearly $4,000 in 12 hours, hitting $74,461. Ethereum surged 7.85% to $2,366 and XRP climbed 3.11% to $1.36. The total crypto market cap crossed $2.52 trillion, adding over $100 billion in a single day. The move was fast and largely mechanical. Here is what actually drove …
Ether is outperforming bitcoin as ETF flows, spot prices and a 41% jump in Ethereum transactions move in the same direction for the first time in months.
XRP has lost 38% of its value over the past year. Bitcoin hasn’t done much better, sliding more than 16%. Yet a finance expert is telling investors those numbers miss the bigger picture. Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event Cash Is Losing Ground Too John Vasquez, who goes by Coach JV on social media, says the real story isn’t short-term price drops — it’s what’s happening to the dollar. Data shows the purchasing power of the US dollar has fallen 28% over the past decade, dropping from 43.10 to 30.9 on the Consumer Price Index. Over that same 10-year stretch, both Bitcoin and XRP have climbed nearly 200 times in value. By that measure, Vasquez argues, holding cash has quietly been the bigger loser. His comments came through a post on X, where he laid out his case for why global tensions are strengthening the long-term argument for crypto assets — not weakening it. XRP & Bitcoin narrative getting stronger day by day. In the long run this will play out well. Short term expect extreme volatility. pic.twitter.com/2BXRKw3MFD — Coach, JV (@Coachjv_) April 12, 2026 Oil, Credit, And The Dollar’s Global Standing Vasquez pointed to rising oil prices linked to disruptions near the Strait of Hormuz as a driver of inflation pressure. At the same time, he warned of tightening credit conditions and what he called a developing global credit crisis. Countries moving away from dependence on the US dollar — a shift often described as de-dollarization — are also part of what he sees reshaping the financial order. Reports indicate he also cited Japan’s interest rate changes and the unwinding of so-called carry trades as added stress points for the global system. These are moves by investors who borrow in low-interest currencies to buy higher-yielding assets elsewhere. When those trades unwind, markets can move fast and hard. He described two possible roads ahead: one where central banks keep printing money and hold interest rates low, extending current imbalances, and another where stock and credit markets suffer a sharp correction. Neither path, in his view, favors holding cash. Crypto Still Struggles As A Near-Term Hedge Crypto prices haven’t cooperated with that theory. Since Middle East tensions flared again in February, Bitcoin and XRP have held steady but gone nowhere. Markets have shown relative stability but not gains. That sits awkwardly against the argument that geopolitical risk drives money into decentralized assets. Related Reading: Forget XRP Forecasts: The ‘Delusional’ Crowd Could Have The Last Laugh Still, Vasquez says the strategy is to accumulate during downturns, not react to them. His long-term positioning includes XRP, Bitcoin, silver, and income-generating assets. His core message is preparation — financial and psychological — for an economic environment that looks increasingly unstable. Featured image from Meta, chart from TradingView
The accelerator settled $500,000 in USDC funding on Solana for Totalis, marking its first all-stablecoin investment.
XRP price started a decent increase above $1.3650. The price is now consolidating gains and might aim for more gains above the $1.3880 zone. XRP price started a steady upward move above the $1.3620 zone. The price is now trading above $1.3650 and the 100-hourly Simple Moving Average. There was a break above a rising channel with resistance at $1.3400 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.3880. XRP Price Aims Key Upside Break XRP price started a fresh upward move above $1.350 and $1.3550, like Bitcoin and Ethereum. The price gained pace for a clear move above the $1.3620 resistance. Earlier, there was a break above a rising channel with resistance at $1.3400 on the hourly chart of the XRP/USD pair. The bulls even pumped the price toward the $1.3850 zone. A high was formed at $1.3836, and the price started a minor pullback. There was a drop below the 23.6% Fib retracement level of the upward move from the $1.320 swing low to the $1.3836 high. The price is now trading above $1.3650 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3750 level. The first major resistance is near the $1.3850 level, above which the price could rise and test $1.3880. A clear move above the $1.3880 resistance might send the price toward the $1.4120 resistance. Any more gains might send the price toward the $1.4250 resistance. The next major hurdle for the bulls might be near $1.450. Downside Correction? If XRP fails to clear the $1.3850 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.360 level. The next major support is near the $1.3520 level or the 50% Fib retracement level of the upward move from the $1.320 swing low to the $1.3836 high. If there is a downside break and a close below the $1.3520 level, the price might continue to decline toward $1.3440. The next major support sits near the $1.3320 zone, below which the price could continue lower toward $1.3250. The main support could be $1.3120. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.3600 and $1.3520. Major Resistance Levels – $1.3880 and $1.40.
Chris Giancarlo, who oversaw the first Bitcoin futures ETF approval as CFTC chairman, will now advise fintech and digital asset founders and boards.
Ethereum price started a fresh surge and traded above $2,350. ETH is now consolidating and might aim for more gains above $2,400. Ethereum started a steady increase from the $2,180 zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,320 zone. Ethereum Price Surges To $2,400 Ethereum price managed to stay above the $2,180 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,200 and $2,250. There was a break above a bearish trend line with resistance at $2,200 on the hourly chart of ETH/USD. The bulls pumped the price above the $2,350 resistance. A high was formed at $2,395, and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,179 swing low to the $2,395 high. Ethereum price is now trading above $2,350 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,320, the price could attempt another increase. Immediate resistance is seen near the $2,380 level. The first key resistance is near the $2,400 level. The next major resistance is near the $2,440 level. A clear move above the $2,440 resistance might send the price toward the $2,500 resistance. An upside break above the $2,500 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,620 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $2,400 resistance, it could start a downside correction. Initial support on the downside is near the $2,345 level. The first major support sits near the $2,320 zone. A clear move below the $2,320 support might push the price toward the $2,260 support and the 61.8% Fib retracement level of the upward move from the $2,179 swing low to the $2,395 high. Any more losses might send the price toward the $2,230 region. The main support could be $2,180. 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 – $2,260 Major Resistance Level – $2,400
A broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets.
Protocol Version 23 is about to hit the Pi blockchain, and the latest update discussed by crypto drealFx revolves around upgrading Pi to Protocol Version 23. This is a major step because Pi is built on Stellar’s tech, and much of the heavy lifting has already been done there. That means Pi’s transition could be …
Coinone is the second to face South Korea’s crackdown on exchanges in the last month, following a $24 million fine and a six-month partial suspension order against Bithumb.
A cryptocurrency analyst has pointed out how the support level of a 9-year long pattern could provide the “ultimate” buy-the-dip opportunity for XRP. XRP Has Potentially Been Following A Long-Term Ascending Triangle In a new post on X, analyst Ali Martinez has shared a long-term pattern in the monthly price chart of XRP. The pattern in question is an “Ascending Triangle” from technical analysis (TA), which forms when an asset trades between two converging trendlines. A key feature of the Ascending Triangle that sets it apart from other triangle patterns is that its upper trendline is parallel to the time-axis. Like with other consolidation patterns in TA, the upper line of an Ascending Triangle is also considered likely to be a source of resistance, while the lower one that of support. Together, the trendlines keep the asset trapped in the region between them. Related Reading: Bitcoin Surges To $72,000, But Remains Stuck In Key Supply Zone In the scenario that one of the levels fails to hold up, a sustained break could happen in that direction. That is, a surge above the resistance level may lead to bullish price action, while a fall under support could signal a bearish continuation. Now, here is the chart shared by Martinez that shows the Ascending Triangle that the monthly XRP price has been following since 2017: As displayed in the above graph, XRP retested the resistance level of this long-term Ascending Triangle in August 2025, but the cryptocurrency ended up finding rejection at it. Since then, the coin has gradually been making its way down the channel. “Since 2017, the script has remained the same: XRP hits the upper resistance (X-axis), gets rejected, and retraces to find its floor at the rising trendline,” noted the analyst. In the scenario that this past pattern repeats, it’s possible that XRP could end up revisiting the support level between $0.75 and $0.80. “In my view, this zone represents the ultimate “buy the dip” opportunity before the triangle finally reaches its apex,” explained Martinez. Generally, the closer the price gets to the pattern’s apex, the more probable a breakout could be assumed. As such, the coming years could see the cryptocurrency finally escape from this pattern. “When a 9-year consolidation finally breaks, the move is usually historic,” said the analyst. As for which direction a break might occur, Ascending Triangles are usually considered to be bullish continuation patterns. Therefore, a surge above the triangle may be more likely to occur. Related Reading: Top Toncoin Whales Silently Accumulate 189,730 TON Despite Market Weakness “The next $XRP bull market will be huge!” noted Martinez, based on this pattern. It now remains to be seen whether the Ascending Triangle will hold and which way an escape will happen in. XRP Price At the time of writing, XRP is trading around $1.32, down 2% over the last week. Featured image from Dall-E, chart from TradingView.com
Bitcoin price started a fresh surge and cleared the $73,800 zone. BTC is consolidating and might aim for more gains above the $75,000 level. Bitcoin managed to stay above $72,000 and started a fresh increase. The price is trading above $74,000 and the 100 hourly simple moving average. There is a steep bullish trend line forming with support at $73,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $73,800 and $72,750 levels. Bitcoin Price Surges Nearly 5% Bitcoin price found support near $70,500 and started a fresh increase. BTC gained pace for a move above the $72,000 and $72,500 resistance levels. The bulls even pushed the price above the key level at $74,000. A high was formed at $74,966, and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $70,517 swing low to the $74,966 high. Bitcoin is now trading above $74,000 and the 100 hourly simple moving average. There is also a steep bullish trend line forming with support at $73,800 on the hourly chart of the BTC/USD pair. If the price remains stable above $74,000, it could attempt a fresh increase. Immediate resistance is near the $74,800 level. The first key resistance is near the $75,000 level. A close above the $75,000 resistance might send the price further higher. In the stated case, the price could rise and test the $76,500 resistance. Any more gains might send the price toward the $77,200 level. The next barrier for the bulls could be $78,000. Downside Correction In BTC? If Bitcoin fails to rise above the $75,000 resistance zone, it could start another decline. Immediate support is near the $73,800 level and the trend line. The first major support is near the $73,250 level. The next support is now near the $72,750 zone or the 50% Fib retracement level of the upward move from the $70,517 swing low to the $74,966 high. Any more losses might send the price toward the $72,200 support in the near term. The main support now sits at $71,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $73,800, followed by $72,750. Major Resistance Levels – $75,000 and $76,500.
A bill would amend how the IRS would approach crypto taxes.
HYPE, the native token of the Hyperliquid DeFi platform, is up 8.8% and 22.55% over 24h and 1 week, respectively, trading at $44.64 at press time. This makes the token the best performer among the top 10 cryptocurrencies by market cap. So, what exactly has driven this growth? Factors behind the HYPE upswing For one, …
Sitting on paper losses exceeding $14 billion, Michael Saylor’s Strategy didn’t slow down last week. The company spent roughly $1 billion buying more Bitcoin — its latest move in a relentless accumulation run that has now brought its total stash to 780,897 BTC. Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event A Purchase Funded By Preferred Shares That $1 billion didn’t come from operating cash. Strategy raised the money by selling 10 million shares of STRC, its perpetual preferred equity. Data shows the sale generated about $1 billion in net proceeds — and it was no small transaction. According to reports, STRC recorded its second-largest weekly issuance on record, coming in at nearly three times the four-week average. The surge followed a rule change Strategy made in early March that loosened restrictions on STRC share sales. No shares of MSTR, STRK, STRF, or STRD were sold during the same period. The 13,927 Bitcoin acquired between April 6 and 12 were purchased at an average price of $71,902 per coin. That figure sits below the company’s overall average buy price of $75,577 — meaning last week’s batch technically brought the cost basis down, not up. A Milestone Within Reach Strategy now needs just 19,103 more Bitcoin to cross the 800,000 BTC mark. Reports indicate the company has already bought more than 107,000 BTC in 2026 alone. All told, its holdings were acquired for a combined $59 billion — a figure that underscores just how deep the company is committed to this position. The purchase came during a volatile stretch for Bitcoin prices. The market briefly climbed past $73,000 early last week after news broke of a US-Iran ceasefire. That rally didn’t hold. Weekend negotiations fell apart, and an announcement of a naval blockade on April 13 pulled Bitcoin back toward $71,000. Strategy’s buying was among the signals backing the earlier rally, Nomura’s Laser Digital said, on top of solid inflows into spot Bitcoin exchange-traded funds, which took in $786 million over the same period. Related Reading: Forget XRP Forecasts: The ‘Delusional’ Crowd Could Have The Last Laugh Big Losses, Bigger Bets The backdrop to all of this is a balance sheet carrying $14.6 billion in unrealized losses on digital assets — a figure Strategy disclosed for the first quarter of 2026. That number reflects how far Bitcoin’s price has fallen from the highs at which much of the company’s holdings were acquired. Still, the buying continues. SEC filings confirm the latest purchase was formally disclosed Monday in an 8-K report. There is no indication from the company of any plan to pause or reverse course. With fewer than 20,000 BTC separating Strategy from the 800,000 milestone, the next purchase announcement may not be far off. Featured image from Vecteezy, chart from TradingView
The launch of Foundry Zcash Pool has cut ViaBTC’s mining pool hashrate dominance from around 65% to 37%.
Ethereum has been consolidating for weeks. Selling pressure is present. Uncertainty is higher. An Arab Chain analysis has identified a condition in the on-chain data that describes exactly what this market is doing — and why it cannot stay here indefinitely. Related Reading: Ethereum Mirrors A 2023 Setup As Buyers Take Control Of Derivatives On Binance The report tracks Ethereum’s Net Unrealized Profit and Loss on Binance — a measure of whether holders are, on average, sitting on gains or losses relative to their entry prices. The indicator currently sits at -0.053, holding near the neutral zone while Ethereum trades around $2,100. That reading describes a market in equilibrium: investors on Binance are neither panicking out of losing positions nor taking profits from winning ones. They are holding — and waiting. The behavioral picture that emerges from the data is specific. Volatility has declined. Panic selling is absent. Excessive optimism is equally absent. Short-term trading activity has reduced to the point where the market is generating neither the downward pressure of fear nor the upward pressure of greed. What remains is a market suspended between two states, maintained in place by the absence of a catalyst strong enough to break it in either direction. At -0.053, the indicator is not perfectly neutral. It is slightly underwater — a detail small enough to overlook and significant enough to matter when the next directional move begins. Stability Is Not the Same as Safety. It Is a Countdown The Arab Chain analysis draws the distinction that makes the current NUPL reading more significant than its proximity to zero suggests. The indicator’s persistence in slightly negative territory — holding at -0.053 without sharp movements in either direction — reflects a specific investor behavior: waiting. Not accumulating aggressively. Not distributing systematically. Waiting for a catalyst that has not yet arrived to clarify the direction that the data cannot currently confirm. That behavioral state has a historical profile. Periods where the NUPL holds near neutral without sharp deviations are typically associated with lower near-term risk — the absence of panic selling means forced exits are not driving price, and the absence of excessive optimism means unsustainable speculation is not inflating it. The market moves within narrow ranges because neither the fear that accelerates downside nor the greed that accelerates upside is present in sufficient force to break the equilibrium. The report identifies this condition as temporary by definition. Consolidation phases do not persist indefinitely — they persist until a catalyst resolves them. Ethereum stabilizing around $2,100 with NUPL hovering near neutral, and no sharp movements in the indicator reflect a market that has found a temporary balance between supply and demand. The word that matters in that sentence is temporary. The balance is real. Its duration is not guaranteed. When the catalyst arrives — macro clarity, a demand surge, a shift in sentiment — the indicator will move, and the narrow range that has contained Ethereum’s price will expand in the direction the move takes it. Related Reading: Capital Is Rotating From Bitcoin To Ethereum – On-Chain Data Shows It Is Not Over Ethereum Consolidates Below Resistance as Momentum Stalls Ethereum is trading near $2,150–$2,200, holding a tight range after recovering from the February capitulation. The chart shows a clear shift from aggressive selling to controlled consolidation, with price forming higher lows since the bottom near $1,800. This suggests stabilization, but not yet a confirmed reversal. Technically, ETH remains below all major moving averages. The 50-day (blue) is flattening and beginning to act as short-term support, while the 100-day (green) and 200-day (red) continue to trend downward above price, reinforcing overhead resistance. Recent attempts to break higher have stalled below the $2,300–$2,400 zone, indicating persistent supply. Related Reading: XRP Supply Is Thinning, and Leverage Is Absent. Learn What Happens When One Of Those Changes Volume dynamics support this interpretation. The spike during the sell-off reflects forced liquidations, while the subsequent decline in volume points to reduced participation. The current recovery lacks the expansion in volume typically associated with strong trend reversals. Structurally, Ethereum is compressing beneath resistance. The range between $2,000 and $2,300 is tightening, with neither buyers nor sellers showing dominance. A break above $2,400 would signal a shift in momentum and open a move toward the 100-day average. Conversely, losing $2,000 would invalidate the recovery structure. Featured image from ChatGPT, chart from TradingView.com