📈 Global Trend:
The chart shows an overall upward trend starting from the lows of around $2,111. The maximum was reached at $4,107, followed by a correction. Currently, the price is consolidating within the $3,400–$3,500 range.
📊 Bollinger Bands:
The current ETH price is near the middle Bollinger Bands line (MB: $3,489.12), indicating a consolidation phase.The upper Bollinger Bands boundary (UP: $3,903.06) serves as a potential resistance level.The lower Bollinger Bands boundary (DN: $3,075.18) represents a key support level.
📉 Volumes:
Trading activity remains moderate, which may indicate market participant uncertainty.
🛠️ Key Levels:
Support: $3,075 — the lower Bollinger Bands boundary and previous consolidation area.Resistance: $3,900–$4,100 — the local high and upper Bollinger Bands boundary.
📐 Moving Averages (MA):
MA(5): $3,506.82 — the price is slightly below the short-term moving average, indicating a possible pullback phase.MA(10): $3,449.91 — a neutral signal pointing to weak short-term momentum.
🔮 Possible Scenarios:
Bullish Scenario: Breaking through the $3,900 resistance level may trigger a rally toward $4,100 and higher.Bearish Scenario: Dropping below $3,075 could lead to a deeper decline toward $2,750.
📌 Recommendation:
Monitor trading volumes and price behavior near key levels. Consolidation above $3,500 may confirm the continuation of the upward trend.
#Ethereum $ETH

$ETH

Hey there, crypto enthusiasts!
Ethereum (ETH) is making a move back towards an interesting price level, and we're keeping a close eye on it.
What's happening?
Right now, ETH is heading back towards a zone around $3,550. This zone has shown some interesting behavior in the past, and we're waiting to see how the market reacts to it.
What to watch out for:
* Bounce or Break? If buyers take control of this zone, we could see ETH make a bullish move upwards. However, if sellers regain dominance, we might see further price drops.
What does this mean for you?
This is a dynamic situation, and the market can change quickly. Stay tuned for updates and be prepared to adjust your trading strategy accordingly.
Disclaimer: This is not financial advice. Always do your own research and consult with a financial professional before making any investment decisions.
Let's see what happens next with ETH!
#Ethereum #Crypto #Trading

$ETH

Patience is a Virtue (Especially in Crypto!)
Good morning, everyone! How are you feeling about this beautiful new year? I'm feeling incredibly optimistic, and it's not just because of the green candlesticks lighting up my charts!
We're witnessing the dawn of a new era in finance, and it's all thanks to the incredible technology behind cryptocurrencies.
Have You Embraced Ethereum Yet?
If you're not already holding some Ethereum, you might be missing out! This powerful platform is more than just a digital currency; it's a revolutionary ecosystem fueling innovation across various sectors.
Experience the Magic of Ethereum:
* Lightning-Fast Transactions: Remember those days of waiting for days for bank transfers to clear? With Ethereum, you can send and receive funds in mere seconds!
* Unstoppable and Secure: Your funds are always safe and accessible, regardless of your location or the time of day. No more worrying about bank holidays or service disruptions!
* The Power of Decentralization: Ethereum empowers you with control over your finances. You're in charge, not the banks!
The Ethereum Ecosystem is Thriving:
From DeFi to NFTs and beyond, Ethereum is powering a wave of groundbreaking applications.
* DeFi: Explore the world of decentralized finance with platforms offering innovative lending, borrowing, and trading solutions.
* NFTs: Own unique digital assets like art, collectibles, and even virtual real estate.
* DApps: Experience the next generation of applications with decentralized applications built on the Ethereum blockchain.
Ethereum: The Future is Bright!
I'm confident that we're on the cusp of a massive bull run for Ethereum. This is just the beginning of its journey to revolutionize the global financial system.
Join the Crypto Revolution!
Are you ready to embrace the future of money? Start exploring the exciting world of Ethereum today!
Remember: Patience is key! Building wealth takes time and a disciplined approach.
Namaste!
If you'd like, share your thoughts on Ethereum and your crypto journey in the comments below!
Disclaimer: This is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Ethereum #Cryptocurrency #Binance #DeFi #Web3

Ethereum Blobs Dominate Burn Leaderboard
Recent data reveals that blob fees have burned over 500 ETH in the past week, surpassing Uniswap and ETH transfers as the top contributors to Ethereum's burn mechanism. This marks a shift from the trends observed in 2024.

The Dencun upgrade in March introduced blobspace to Ethereum blocks, significantly improving Layer 2 (L2) scaling and reducing transaction fees. However, this fee reduction had an unintended side effect: a decline in ETH burns, leading to an increase of over 400,000 ETH in supply between April and December.

Recently, as Layer 2 networks have experienced higher transaction volumes, the average blob count per block frequently exceeded the target of 3.0. This excess usage triggered price discovery mechanisms, compelling L2s to pay additional transaction fees, thereby increasing ETH burns.

If this trend persists, especially as network activity picks up post-holiday season, it could flip the negative sentiment surrounding blobs. This shift may bolster Ethereum’s "ultrasound money" narrative, enhancing its appeal to investors.

ETF Outflows Amid Market Consolidation
Despite positive on-chain developments, Ethereum ETFs recorded net outflows of $55.4 million on Monday, ending a four-day inflow streak, according to Coinglass data. This reflects broader market hesitation as the crypto sector consolidates.

Ethereum Price Forecast: Key Levels to Watch
Ethereum has been range-bound between $3,250 and $3,550 over the past 12 days, mirroring low trading activity during the holiday season. In the last 24 hours, Ethereum liquidations totaled $31.19 million, with long positions accounting for $19.37 million and shorts contributing $11.82 million.

Downside Scenarios:

A break below $3,250 could lead ETH to test the $3,000 psychological level, completing the double-top pattern formed in December.

Failing to hold $3,000 may trigger heavy selling pressure, pushing ETH toward $2,817 key support. A daily close below this level could send ETH down to the $2,200 region.

Upside Scenarios:

Sustaining a high-volume breakout above $3,550 could lead ETH to retest the $4,093 major resistance.

A successful move past $4,093 might position ETH to challenge its all-time high resistance at $4,868.

Momentum Indicators:

The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are currently below neutral levels, signaling bearish momentum.

A crossover above neutral levels could indicate the resumption of an uptrend for ETH.

Conclusion:
As Ethereum consolidates within a tight range, its price direction for early 2025 will depend on key levels at $3,250 and $3,550. On-chain metrics like blob burns and market sentiment surrounding Ethereum's deflationary narrative could further influence its trajectory. If ETH breaks out of its consolidation phase with high volume, it could aim for new all-time highs, making 2025 a pivotal year for the second-largest cryptocurrency.
$ETH
#Ethereum #ETH

On The Horizon: Bitcoin $140,000 Projection And SOL, XRP ETFs Approval In 2025 Crypto Forecast

BTCUSDT
−0.02%

SOLUSD
−0.33%

XRPUSD
+1.91%
With the arrival of the new year, the cryptocurrency market is experiencing a significant rebound, as the leading 100 cryptocurrencies, headed by Bitcoin (BTC), show increases and positive trends.

In light of this revival, crypto expert Miles Deutscher has revealed his forecasts for 2025, providing perspectives on the upcoming paths of key cryptocurrencies and market tendencies.

Bitcoin Price Potential To Hit $1 Million

Deutscher begins by addressing the current state of the Bitcoin dominance chart, suggesting that it has likely peaked for this cycle. He anticipates that while BTC may experience periods of outperformance, it will ultimately stabilize around 61.5% dominance.

In addition, Deutscher has made bold predictions regarding Bitcoin’s future price, asserting that it will reach $140,000 by the end of 2025.

While he has seen more aggressive forecasts predicting prices over $200,000, he considers these estimates “overly ambitious” within the next 12 months. However, the expert expresses a long-term belief in Bitcoin’s potential to evolve into a $1 million asset, indicating his confidence in the cryptocurrency’s future growth.

On the other hand, Deutscher highlights that the most significant developments in the altcoin market will not materialize until the second half of the year.

The expert acknowledges the macroeconomic challenges currently facing the market, which he believes have slightly delayed the overall cycle.

Interestingly, he notes the historical trend of altcoin seasonality, which typically favors the first half of the year, suggesting the possibility of two distinct upward runs in the crypto market.

Cryptocurrency ETFs Set To Flourish In 2025

In 2025, Deutscher further expects artificial intelligence (AI) to remain a dominant narrative within crypto. He believes that the integration of AI will lead to a major transformation in decentralized finance (DeFi) and on-chain trading, particularly through the development of AI agents.

He forecasts that several AI-driven projects will achieve market capitalizations exceeding $1 billion, signifying a shift towards more sophisticated financial instruments.

Deutscher also emphasizes the importance of Real World Assets (RWA), predicting they will gain significant traction throughout the year. He notes that asset tokenization is still in its infancy, with influential figures like Donald Trump and Larry Fink likely to champion this sector, fostering growth and innovation.

Predictions regarding DeFi utility coins are particularly noteworthy. Deutscher anticipates that major protocols, such as Chainlink (LINK), Aave (AAVE), Enjin (ENA), and Uniswap (UNI), will outperform their peers as the market recognizes the value of income-generating utility protocols.

The expert argues that the market has yet to fully appreciate the potential impact of the Trump administration on DeFi, suggesting that a favorable regulatory environment will benefit these protocols significantly.

Another key prediction from Deutscher involves the potential approval of exchange-traded funds (ETFs) for cryptocurrencies like Solana (SOL) and XRP. The analyst believes that a new regulatory regime will facilitate a more accommodating environment for cryptocurrency ETFs in 2025.

In a broader context, Deutscher foresees a strategic Bitcoin reserve being established in the United States, paving the way for other nations to follow suit.

This shift towards sovereign and institutional adoption of Bitcoin is expected to gain momentum, further legitimizing the market’s leading cryptocurrency as a viable asset class.

As of now, BTC is priced at $97,570, showing an increase of almost 4% over the past 24 hours.
#BTC #xrp #solana #Ethereum #SolvProtocolMegadrop