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#Ethereum 🔹 price is moving towards the ceiling of the channel. This is the third time that the price will try to break out of the bullish flag formed in the daily time frame. ETH's value relative to Bitcoin (BTC) is currently declining, and the ongoing #ETF approval process could significantly impact its future. If the buyers continue to act strongly, the price of Ethereum can easily reach the  $4110 again #ETH #BTC

#Ethereum 🔹 price is moving towards the ceiling of the channel. This is the third time that the price will try to break out of the bullish flag formed in the daily time frame.


ETH's value relative to Bitcoin (BTC) is currently declining, and the ongoing #ETF approval process could significantly impact its future.


If the buyers continue to act strongly, the price of Ethereum can easily reach the  $4110 again


#ETH #BTC

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👀 Solana to Skyrocket? Key Chart Shared by Analyst Analyst Will Clemente has shared an important price chart for Solana from Sept. 30 - one that you probably did not see. The chart compares Solana to Ethereum, and while the asset has been going down against ETH in September, things have changed since then, and the analyst suggests that a reversal might be incoming now. When compared to Ethereum, Solana's performance in September revealed a distinct downward trend, suggesting that ETH was outperforming SOL. But recent events have given rise to rumors of a possible reversal. When comparing SOL to ETH on a weekly basis, the chart indicates stabilization and potential upward movement. When Solana's chart is compared to the U.S. dollar (USD), a different picture emerges. In spite of changes on the market, SOL has performed well, continuing on its upward path. A bullish trend is indicated by SOL trading above the 50-day EMA and the 200-day EMA, which reinforces this resilience. On the other hand, the relative performance of the two assets is indicated by the SOL/ETH chart. Although Solana has performed well against the U.S. dollar, it has not fared as well against Ethereum. SOL appears to be preparing for a resurgence in relation to ETH based on the most recent charts. Changes in market dynamics may occur if Solana is able to breach significant resistance levels against Ethereum. The interaction between Solana and Ethereum's respective performances will be critical if both begin to rise at the same time. Solana's performance against Ethereum will determine whether it can recover lost ground; however, its strength against the USD could lay the groundwork for a strong upward move. With each asset building on the momentum of the other, synchronized upward movement on both assets would probably result in large gains for investors. $SOL #SOL #Solana
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📣 JasmyCoin’s Meteoric Rise Continues, JASMY Price Chart Indicates Significant Gains Ahead JasmyCoin has surged approximately 1,350% since breaking out from a resisting trend.JasmyCoin’s breakout target is set at $4.478420, indicating potential for a 12,870% increase.Positive news and strategic initiatives are bolstering JasmyCoin’s market position. The price of JasmyCoin (JASMY) has surged significantly, surpassing previous market predictions. With its breakout from a resisting trend, the cryptocurrency has seen an approximately 1,350% increase in value. $JASMY (JasmyCoin)'s price, since the low areas and breakout of the resisting trend showcased, have climbed roughly +1,350%, displaying a MASSIVE reversal in trend to the upside and it can be set to continue, extremely! 💬 As this breakout holds, Jasmy's breakout target is… — JAVON This significant reversal suggests that JasmyCoin is not merely going through an abrupt spike but rather a phase of sustained growth, pointing to a stable upward trend that may continue. The sharp price rise is a reflection of individuals increasing confidence and interest in the cryptocurrency market. JasmyCoin’s breakout target is $4.478420 if the breakout holds. This target implies that the cryptocurrency may be ready for an upward trend of another 12,870%. JasmyCoin may break records in the cryptocurrency market and draw even more investment and speculation if this trajectory keeps up. Many encouraging developments and collaborations have contributed to JasmyCoin’s outstanding performance. The market position of JasmyCoin has been strengthened by recent collaborations, technology developments, and community involvement initiatives. These events point to the possibility that JasmyCoin is experiencing a bull run unlike any other in the market’s previous history. Furthermore, it is anticipated that the strategic initiatives implemented by the JasmyCoin team will propel the cryptocurrency’s continued adoption and integration across various sectors. #JASMY
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🚀 LDO, ENS, and Other Ethereum-Related Tokens Soar After Positive News on ETH-SEC Front Bitcoin’s price actions were quite painful yesterday as the asset dumped twice to a monthly low of $64,000 before it managed to recover some ground. Several altcoins have bounced off following yesterday’s market-wide crash, especially those with some sort of connection to the Ethereum ecosystem. 🔸 ETH, ENS, LDO on the Rebound Perhaps the biggest news in the crypto industry today came from ConsenSys as the company announced on X that the US Securities and Exchange Commission has notified it “that it is closing its investigation into Ethereum 2.0.” The development, which ConsenSys labeled as a “major win for Ethereum developers,” resulted in immediate gains for most ETH-related tokens. Lido DAO’s native coin has skyrocketed by more than 15% on a daily scale to just over $2.3. ENS has soared by 13.5% and now trades above $26. ETH is also slightly in the green but in a more modest fashion. The second-largest crypto has jumped by about 3% daily, and sits close to $3,550. Other larger-cap alts with notable increases today include PEPE (8%), HBAR (5%), FET (8.5%), RNDR (8%), ADA (3%), LINK (4%), UNI (5%), and MATIC (3.5%). In contrast, TON has slumped by 6% in the past 24 hours and now sits under $6.9. 🔸 BTC Bounces Above $65K Perhaps fueled by the growing outflows from the US-based spot Bitcoin ETFs, the underlying asset’s price has lost a lot of traction since last week when it skyrocketed to $70,000 on a few occasions. Its inability to rise above that psychological resistance resulted in immediate pain for the bulls. The weekend was less volatile as BTC remained at just over $66,000 before it was stopped at $67,000 on Monday. The rejections led to more pain, and bitcoin fell to a monthly low of $64,000 twice yesterday. Nevertheless, it has regained over a grand since then and now sits inches above $65,000. Its market cap has declined to $1.285 trillion, while its dominance over the alts has shrunk to 51.5% $ETH #ETH
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🫣 $367 Million Crypto Longs Flushed After Altcoin Market Crash Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations in the past day after the crash the altcoins have seen. Altcoin Longs Witness Squeeze, Ethereum Leads In Liquidations The past day has been a volatile time for the cryptocurrency market, with the majority of the altcoins suffering from drops of more than 5%. As is generally the case, this sector-wide volatility has resulted in chaos over at the derivatives side. According to data from CoinGlass, the derivatives market has observed contracts worth almost $429 million finding liquidation over the last 24 hours. A contract is said to be “liquidated” when the platform with which it’s open has to forcibly close it up after accumulating losses of a certain degree (the exact figure may differ between exchanges). As is visible in the above table, long contract holders saw the vast majority of such forceful closures during the past day. More specifically, around $367 million of the liquidations, equivalent to more than 85% of the total, involved these traders betting on a bullish outcome for the market. The reason behind such lopsided liquidations naturally lies in the fact that the cryptocurrencies as a whole have seen a steep downwards trajectory in the period. Below is a heatmap that shows how the individual assets have contributed towards this latest derivatives flush. Unlike what’s usually the case during these violent liquidation events, Bitcoin (BTC) isn’t leading the charts in this metric. Instead, Ethereum (ETH), the second largest cryptocurrency based on market cap, is at the top with around $92 million liquidations. This could be down to the fact that Bitcoin has moved more or less sideways in this period, while Ethereum has witnessed a drop of over 3%. Interestingly, behind these two top coins are the memecoins Dogecoin (DOGE) and Shiba Inu (SHIB), with liquidations amounting to $60 million and $23 million, respectively. #Crypto
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🤯 Ethereum Bulls Face Critical $3,300 Support Test Amid Bearish Sentiment Ethereum struggles near $3,400, indicating a critical price barrier for bullish momentum.The $3,300 support level emerges as a pivotal threshold for Ethereum, crucial for preventing further downside and maintaining market stability.Despite the bearish sentiment, a potential uptrend could materialize if Ethereum closes above $3,400. Ethereum (ETH) faced a pivotal juncture as it maintained a delicate balance near the $3,300 support level, a critical zone marked in green on recent trading charts.  The cryptocurrency hovered near $3,390 on Tuesday, struggling to reclaim the once-supportive $3,400 level now turned resistance. Market analysts are closely monitoring this area, emphasizing the importance for bullish investors to defend the $3,300 threshold to prevent further downward pressure. Currently, Ethereum’s price trajectory remains within a descending channel, indicating a bearish sentiment prevalent among traders. This pattern suggests potential vulnerability if ETH fails to sustain above $3,300, potentially leading to a deeper decline towards $3,200. Such a scenario could signify a strengthening bear trend, raising concerns among market participants. Despite the prevailing bearish sentiment, there are cautious hopes for a potential uptrend if Ethereum manages to surpass the $3,400 resistance level decisively. A breakout above this barrier could rekindle investor optimism and pave the way for a recovery toward $4,000, providing a crucial psychological boost in the midst of recent market volatility. Technical indicators currently reflect a bearish sentiment, with the Fear & Greed Index registering 74 (Greed), indicative of a cautious but not entirely pessimistic market sentiment. Over the past 30 days, Ethereum has experienced moderate price volatility, recording 15 green trading days out of 30, highlighting the uncertain but potentially resilient nature of its price movements in recent sessions. $ETH #ETH #Ethereum
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