Bitcoin has confirmed a significant double breakout, signaling strong bullish momentum and positioning the cryptocurrency for a potential surge toward $137,000. The breakout from a bull pennant pattern combined with
Whispers of an upcoming surge in the cryptocurrency market are fueling interest in lesser-known digital coins. There are five hidden altcoins that could see significant growth before a potential market explosion in September. Discover these underrated assets that might offer substantial returns, and find out why July could be the ideal time to consider adding them to a portfolio. $XYZ Unlocks the G.O.A.T. Status, Early Investors Positioned for Massive ROI XYZVerse ($XYZ) has brought a brand-new concept to the memecoin niche by blending the excitement of sports with the fast-moving energy of crypto. Designed for hardcore fans of football, basketball, MMA, and esports, this project goes beyond just being another token—it’s a growing community built around passion for the game. With the bold Greatest of All Time (G.O.A.T.) vision, XYZVerse is aiming higher than the average meme coin. And people are taking notice—it has recently earned the title of Best New Meme Project. What sets $XYZ apart? It’s not a short-lived trend. This project has a clear roadmap and a dedicated community focused on long-term growth. Fueled by the sports mentality , the $XYZ token has emerged as the ultimate contender ready to crush competitors. $XYZ is on its way to the winner’s podium to become a badge of honor for those who live and breathe sports and crypto. $XYZ Already Delivers Even Before Hitting the Market The $XYZ presale is underway, providing access to the token at a special pre-listing price. Launch Price : $0.0001 Price Now : $0.003333 Next Stage : $0.005 Final Presale Price : $0.02 Following the presale, the $XYZ token will be listed on major centralized and decentralized exchanges, with a target listing price of $0.10. If the project raises enough capital to support this valuation, early investors could see returns of up to 1,000x on their presale entries. So far, over $14 million has been invested, reflecting strong market interest. Notably, securing tokens at a lower presale price offers the potential for higher ROI upon launch. Demand for $XYZ is surging, driving rapid progress in the presale. Early buyers secure the lowest prices, maximizing their potential returns. Join $XYZ Presale Now and See Your Pennies Grow Into Millions! Uniswap (UNI) Source: TradingView Uniswap (UNI) has seen significant price movements recently. Over the past week, its price surged by 26.10%. In the last month, it climbed by 20.79%. However, over the past six months, UNI experienced a decline of 29.73%. Currently, the price ranges between $7.49 and $9.29. Technical indicators suggest strong momentum. The Relative Strength Index (RSI) is at 75.22, indicating overbought conditions. The Stochastic oscillator reads 84.02, also pointing to an overbought market. The Simple Moving Average over 10 days is $8.95, slightly above the 100-day average of $8.57. The MACD level stands at 0.2041, showing positive momentum. The nearest resistance level is at $10. Reaching this point would represent an increase of about 8% from the current price. If the upward trend continues, the next resistance is at $11. On the downside, the nearest support level is $6.47, which is approximately 14% below the current price. The second support is at $4.66. Based on these levels, UNI’s price could test new highs or retrace to lower support zones in the near future. Sui (SUI) Source: TradingView Sui (SUI) has shown significant price movement recently. Over the past week, the coin surged 35.18%, indicating strong short-term momentum. In the past month, it climbed 27.92%, showing sustained investor interest. However, over six months, SUI is down 14.21%, suggesting it’s recovering from earlier declines. Currently trading between $3.02 and $3.76, SUI is nearing its nearest resistance level at $4.04. Breaking this point could push it towards $4.78, a potential increase of over 25% from current prices. On the downside, the nearest support is at $2.55, and the second support at $1.81, which would be declines of about 15% and 40%, respectively. Technical indicators point to a bullish trend. The 10-day simple moving average is $3.79, above the 100-day average of $3.45, suggesting upward momentum. The RSI is at 85.62, and the Stochastic at 95.72, both in overbought territory. The positive MACD level of 0.1283 indicates potential for further gains. Based on these factors, SUI might continue rising, but caution is advised due to possible corrections. Chainlink (LINK) Source: TradingView Chainlink (LINK) has seen significant price increases recently. In the past week, its price rose by 19.68%. Over the past month, it went up by 20.18%. Despite these gains, the price is down 20.75% over the last six months. Currently, LINK trades between $13.93 and $16.66. The 10-day Simple Moving Average is $15.98. This is slightly above the 100-day Simple Moving Average of $15.27, suggesting positive short-term momentum. The Relative Strength Index is 64.31, below the overbought level of 70. The Stochastic oscillator reads 75.16, indicating possible continued upward movement. The MACD level is 0.1993, pointing to bullish momentum. Chainlink is nearing its nearest resistance level at $17.66. If it breaks this level, it could reach the second resistance at $20.39, an increase of about 22% from the current price. If the price falls, the nearest support is at $12.21, with a secondary support at $9.48. Based on current indicators, Chainlink may continue its upward trend in the near term. TRON (TRX) Source: TradingView TRON (TRX) has experienced significant growth over the past six months, with a price increase of 37.35%. In the last month, TRX rose by 12.51%, and in the past week, it gained 5.70%. This upward trend indicates strong investor interest and momentum. Currently trading between $0.29 and $0.31, TRX is near both its 10-day and 100-day simple moving averages of $0.30. The Relative Strength Index is at 52.65, suggesting a neutral market. The MACD level of 0.0002 and Stochastic at 55.18 indicate balanced sentiment among traders. The nearest resistance level is $0.32. Breaking above this could lead TRX toward the second resistance at $0.34. If the price declines, support levels at $0.28 and $0.25 may prevent further drops. Based on recent performance and technical indicators, TRX may continue to show growth, but monitoring these key levels is important for anticipating price movements. Conclusion UNI, SUI, LINK, and TRX show promise, but XYZVerse (XYZ) unites sports fans, aims for 20,000% growth, and blends memes with sports in a community-driven ecosystem. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Continue Reading: Top 5 Hidden Altcoins to Load Up on in July Before September’s ‘God Candle’ Explosion
The post Ethereum Price Signals Onset of Its 2025 Golden Times: Here Are the Biggest Winners appeared first on Coinpedia Fintech News Ethereum (ETH) price rallied 3 percent in the past 24 hours to reach a daily local high of about $3090. The large-cap altcoin, with a fully diluted valuation of about $370 billion, gained nearly 5 percent against Bitcoin (BTC) in the past 24 hours, thus confirming the onset of the 2025 altseason. In the weekly timeframe, the ETH/BTC pair continued with the bullish trend that began during the second quarter of 2025. According to market data from TradingView, the ETH/BTC pair gained 18 percent in the last four weeks to retest the highest level since March 2025. $ETHBTC – We are finally breaking out and people seem to be looking everywhere but here. Keep it simple, Ethereum and on chain will be the play. pic.twitter.com/JJ57gpyVqA — IncomeSharks (@IncomeSharks) July 15, 2025 Ethereum Network Heavily Embraced By Institutional Investors The Ethereum network has recorded a renewed interest from institutional investors in the past few weeks. According to aggregate market data from sosovalue, the U.S. spot Ether ETFs have recorded a net cash inflow of about $1.35 billion in the first two weeks of July. Earlier on Tuesday, SharpLink Gaming announced that it became the largest corporate holder of Ether with a holding of 280,706 ETH. Takeaway Points The Ethereum breakout after months of a choppy market has reinstated confidence in ERC20 tokens, led by top DeFi tokens. Furthermore, the Ethereum network has significantly improved in the past years to scale its throughput and reduce its transaction fees to compete with other L1 chains led by Solana (SOL). From a technical analysis standpoint, Ether price has mirrored a similar bullish pattern to the 2021 bull rally. Ether’s bullish sentiment is backed by the weekly MACD line that just crossed above the zero line for the first time since February 2025. on ethereum 1/ $ETH +22% past month but down -9% YTD ETH rangebound since 2021, but the rise of stablecoins $CRCL $USDT and Wall Street tokenizing real-world assets is driving up demand for ETH = upside ….please read on $BMNR DAT @BitMNR pic.twitter.com/VOnoEdCEsF — Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) July 15, 2025 Meanwhile, Ethereum-based memecoins led by dog-themed Shiba Inu (SHIB) and frog-themed Pepe (PEPE) have already signaled bullish sentiment. Furthermore, the much-anticipated altseason implies the crypto summer will impact almost the entire top altcoins with strong fundamentals and community.
Tether’s USDT0 stablecoin is now operational on the Rootstock Bitcoin sidechain. Rootstock Integrates Tether’s Omnichain USDT0 The integration makes the omnichain version of USDT accessible natively on Rootstock through Layerzero’s OFT standard. Rootstock combines Bitcoin’s proof-of-work (PoW) security via merged mining with Ethereum Virtual Machine compatibility. Rootstock’s infrastructure includes the PowPeg two-way Bitcoin bridge, block
BitcoinWorld Marathon Holdings Accelerates Strategic Bitcoin Allocation with Two Prime Investment Are you ready to dive into the latest strategic moves shaping the cryptocurrency landscape? Get ready, because a significant development has just unfolded involving one of the biggest names in Bitcoin mining. Marathon Holdings , a leading player in the digital asset space, has made a bold move that signals growing institutional confidence and strategic foresight within the crypto ecosystem. This isn’t just another headline; it’s a peek into how major entities are positioning themselves for the future of finance, directly impacting the trajectory of Bitcoin and the broader market. Unpacking the Strategic Vision of Marathon Holdings In a move that has sent ripples across the crypto community, Marathon Holdings (MARA), a prominent Bitcoin mining firm, has announced a significant investment. As reported by Cointelegraph, Marathon has acquired a partial stake in the digital asset fund Two Prime, committing a substantial $20 million. This isn’t merely an investment; it’s a strategic partnership designed to enhance Marathon’s financial capabilities and optimize its exposure to Bitcoin. For a company primarily known for its mining operations, this diversification into fund management highlights a maturing approach to capital deployment and risk management in a volatile market. Marathon Holdings has long been a key player in the Bitcoin mining industry, consistently expanding its hash rate and infrastructure. Their core business revolves around validating transactions on the Bitcoin blockchain and earning newly minted BTC as a reward. However, the crypto market is dynamic, and successful companies must adapt. This investment in Two Prime signifies a shift from a purely operational focus to a more comprehensive financial strategy, blending their mining prowess with sophisticated asset management. It speaks volumes about their long-term vision for sustainable growth and maximizing shareholder value. The Pivotal Role of Digital Asset Fund Two Prime So, what exactly is Two Prime, and why is Marathon Holdings entrusting them with a significant portion of their Bitcoin? Two Prime is a digital asset fund, a specialized financial entity that manages portfolios of cryptocurrencies and other digital assets for clients. Think of them as asset managers for the crypto world. They employ various strategies, including active trading, yield generation, and long-term holding, to grow their clients’ digital wealth. Their expertise lies in navigating the complexities of the crypto market, which can be highly volatile and requires deep understanding of both technology and finance. For Marathon, partnering with a reputable digital asset fund like Two Prime offers several compelling advantages: Professional Management: Two Prime brings specialized knowledge and trading algorithms that can potentially outperform a simple HODL strategy. Diversification of Strategies: While Marathon mines Bitcoin, Two Prime can deploy those BTCs into various yield-generating protocols or manage them through different market cycles. Risk Mitigation: Entrusting a portion of their holdings to a fund can help manage market exposure and potentially reduce the impact of sudden price swings through active management. Operational Efficiency: It allows Marathon to focus on its core mining operations while a dedicated financial entity handles the intricacies of asset management. This collaboration underscores a growing trend where crypto-native businesses are looking beyond their primary operations to optimize their treasury management and capital allocation, mirroring strategies seen in traditional finance. A Massive Boost in BTC Allocation Perhaps the most eye-catching detail of this announcement is Marathon’s plan to dramatically increase its entrusted Bitcoin (BTC) allocation with Two Prime. The company intends to boost its holdings from an initial 500 BTC to a staggering 2,000 BTC. At current market prices, this represents a multi-million dollar commitment, solidifying Marathon’s belief in Bitcoin’s long-term value and its confidence in Two Prime’s ability to manage these assets effectively. Let’s put this into perspective: Metric Previous Allocation New Allocation Increase Factor Bitcoin (BTC) Entrusted 500 BTC 2,000 BTC 4x Investment in Two Prime N/A $20 Million N/A This quadrupling of entrusted Bitcoin holdings is a strong bullish signal, not just for Marathon but for the broader Bitcoin ecosystem. It demonstrates a proactive strategy to leverage their mined Bitcoin for additional growth, rather than simply holding it on their balance sheet. This move could involve various strategies by Two Prime, such as lending out BTC for yield, participating in decentralized finance (DeFi) protocols, or engaging in active trading to capitalize on market movements. It signifies a sophisticated approach to treasury management for a public company operating in the crypto space. What Does This Mean for Bitcoin and the Market? The implications of Marathon’s significant investment and increased BTC allocation extend far beyond the two companies involved. This move is a powerful testament to the growing institutionalization of Bitcoin and the broader cryptocurrency market. When a publicly traded company like Marathon Holdings makes such a substantial commitment, it sends a clear message to the market: Increased Institutional Confidence: It shows that major players are not just dabbling in crypto but are deeply integrating it into their core financial strategies. Maturing Market Infrastructure: The reliance on professional digital asset funds indicates a maturing infrastructure capable of handling large institutional flows. Potential for Price Impact: While 2,000 BTC might not move the market single-handedly, the cumulative effect of such institutional adoption can significantly impact Bitcoin’s price trajectory in the long run. Validation of Bitcoin’s Store of Value Narrative: By holding and actively managing a substantial amount of BTC, Marathon reinforces Bitcoin’s role as a legitimate asset class and a hedge against traditional economic uncertainties. This strategic move by Marathon aligns with a broader trend of corporations adding Bitcoin to their balance sheets or engaging with the crypto economy in more profound ways. It signals a shift from speculative interest to long-term strategic positioning, recognizing Bitcoin not just as a volatile asset but as a foundational element of future finance. The Broader Impact on Crypto Investment Strategies Marathon Holdings’ latest actions provide a fascinating case study for the evolving landscape of crypto investment . It showcases a blend of direct asset accumulation (through mining) with sophisticated financial management (through fund investment). This hybrid approach could become a blueprint for other crypto-native companies looking to optimize their digital asset holdings. For individual investors, this institutional activity offers valuable insights: Look Beyond Simple Holding: While holding Bitcoin is a common strategy, institutions are exploring ways to generate yield or enhance returns from their holdings. This could involve exploring DeFi, lending platforms, or professional asset management services. Understand the Value of Professional Management: The decision to invest in Two Prime highlights the expertise required to navigate the complex crypto markets. For those with substantial holdings, considering professional management might become more appealing. Institutional Validation: Continued large-scale investments by public companies provide a strong vote of confidence in the long-term viability and growth potential of the crypto space. This can help de-risk the asset class for more conservative investors. Diversification within Crypto: While Bitcoin remains central, the involvement of a digital asset fund suggests a broader view of the crypto market, potentially including other high-growth digital assets or strategies. This move is indicative of the increasing sophistication within the crypto investment sphere, moving beyond simple buy-and-hold strategies to more nuanced and actively managed approaches. It reflects a growing maturity in how digital assets are perceived and utilized by significant market players. Conclusion: A Bold Step Towards Future Growth Marathon Holdings’ strategic investment in Two Prime and the quadrupling of its entrusted Bitcoin allocation marks a pivotal moment for the company and a significant development for the broader cryptocurrency market. It underscores a forward-thinking approach to capital management, blending their core mining operations with advanced financial strategies. This move not only strengthens Marathon’s position in the digital asset space but also serves as a powerful indicator of the increasing institutional adoption and professionalization of Bitcoin and crypto investments. As the lines between traditional finance and the digital asset world continue to blur, Marathon’s actions exemplify the innovative strategies being employed by leading companies to navigate and capitalize on this evolving landscape. It’s a clear signal that major players are not just participating in the crypto revolution, but actively shaping its future, demonstrating unwavering confidence in the long-term value and utility of Bitcoin. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Marathon Holdings Accelerates Strategic Bitcoin Allocation with Two Prime Investment first appeared on BitcoinWorld and is written by Editorial Team
Wall Street had no idea how to process what hit it on Tuesday. Inflation came in hot, tariffs are back on the table, and big-name banks couldn’t deliver a clear signal. The result? Markets got pulled in different directions, and no one could agree on what comes next. The Dow Jones dropped 313 points, falling 0.5% by the end of the session. The S&P 500 gave up 0.1%, slipping slightly from a new all-time high earlier in the day. Meanwhile, the Nasdaq Composite managed to rise 0.5%, thanks to Nvidia , which gained over 4%. The chipmaker told investors it plans to “soon” restart shipments of its H20 GPUs to China, and that was enough to start a rally in tech while the rest of the market stalled. Inflation data triggers tariff fears June inflation figures, released Tuesday, were mixed. Headline inflation rose 0.3% month over month, lifting the annual rate to 2.7%, right in line with Dow Jones forecasts. But the monthly core CPI, which strips out food and energy, only rose 0.2%, slightly under forecasts. Still, the yearly core inflation number came in at 2.9%, also matching estimates. On Saturday, Trump said that a 30% tariff will hit imports from the European Union and Mexico starting August 1. That has serious consequences. Matthew Ryan, head of market strategy at Ebuy, said the inflation report “practically confirmed that President Trump’s tariffs acted to push up consumer prices in June.” Ryan also warned that the real pain hasn’t even hit yet. “Both the main and underlying inflation measures are now printing at their highest levels in four months,” he said. “There’s a time lag between when tariffs hit and when prices rise. More hikes in August would almost certainly bring more inflation.” Skyler Weinand, chief investment officer at Regan Capital, agreed. “It’s highly likely that a tariff-driven inflation reckoning is coming,” he said, though he admitted it was a small relief that Tuesday’s CPI numbers didn’t shock analysts. Earnings numbers fail to inspire investors Traders were also digesting a wave of bank earnings, and frankly, most of them didn’t do much to help. Wells Fargo actually beat earnings expectations, but that didn’t stop its shares from dropping more than 4%. The reason? The bank lowered its net interest income guidance, which traders saw as a bad sign going forward. JPMorgan Chase posted solid second-quarter results, beating forecasts thanks to a strong showing from trading and investment banking. But that still wasn’t enough to impress the market. Its stock slid anyway. BlackRock took the biggest hit among financials. Shares dropped more than 6% after the asset manager missed quarterly revenue expectations. That miss came despite CEO Larry Fink going on CNBC and trying to calm investors. “They think our expenses may be too high, and our expenses are all front loaded,” Larry said on Money Movers . But he didn’t back away. “Long term, I’m a huge buyer of BlackRock at these prices.” The one bank that managed to go against the trend was Citigroup. Its stock rose about 1% after it beat second-quarter estimates. But that was the exception, not the rule. Heading into the earnings season, hopes weren’t high. According to FactSet, analysts expected the S&P 500 to post a 4.3% growth rate in earnings for Q2. That would make it the lowest growth rate since Q4 of 2023. And with how these early reports are going, there’s not much reason to expect an upside surprise. Wall Street now finds itself completely unsure about what matters more: inflation that may be accelerating again, or a weak earnings season that could drag stocks down. At the same time, indexes are already sitting near record highs. So there’s barely any room for mistakes. The only thing anyone agrees on is this: there’s way too much happening at the same time, and none of it looks simple. KEY Difference Wire helps crypto brands break through and dominate headlines fast
XRP dominance is approaching a critical breakout point at the 2.57% “Sky Dome” resistance, signaling potential shifts in market dynamics. The price action near $2.93 faces resistance with overbought indicators
Derivatives metrics support bullish bias, but rising long liquidations expose DOGE to sudden price shocks.
Oracle has shared plans to invest $3 billion over the next five years to expand its AI and cloud infrastructure in Germany and the Netherlands, with Germany getting the larger share of the allocation; $2 billion vs the Netherlands’s $1 billion. According to the company’s message on Tuesday, the plan will focus on the enhancement of Oracle Cloud Infrastructure (OCI) to meet growing demand for AI and cloud services in the Europe region. In Germany, it will aim to expand AI infrastructure capacity in the Oracle Cloud Frankfurt Region by supporting critical industries like manufacturing, healthcare, and financial services, without compromising on the EU’s data sovereignty goals. The Netherlands will see the $1 billion target significant expansion of AI infrastructure in the Oracle Cloud Amsterdam Region, with a focus on sectors like financial services, logistics, life sciences, and energy. It will also include support for startups and SMEs, with offerings like the Amsterdam Commercial Cloud Region, OCI Dedicated Region, and Oracle EU Sovereign Cloud tasked with ensuring compliance with European data regulations. Oracle aims to capitalize on the growing demand for cloud computing Since the AI boom, there has been increased demand for the cloud and AI services offered by firms like Oracle , as they have the ability to replace or, in some cases, outperform software modeled by traditional IT firms. Its shares, which have already risen nearly 38% so far this year, have responded positively to the news, surging 2% in trading before the bell. The company expects its capital spending to surpass $25 billion in fiscal 2026, and the bulk of the expenditure will be committed to data center infrastructure, including for AI. “As we bring more capacity online, our revenue and profit growth will further accelerate,” Oracle CEO Safra Catz stated in June. A regulatory filing from the same month also revealed that Oracle landed a deal with an undisclosed client that is reportedly expected to produce over $30 billion in annual revenue for the company starting in fiscal year 2028. Oracle’s investment aligns with a broader trend among tech giants Big tech companies are expected to spend up to $320 billion on AI this year. Oracle is one of the latest companies to join the campaign in response to the growing desire of businesses to deploy AI workloads. Last year, Amazon announced plans to invest 10 billion euros in Germany, raising its total potential investments in the European country to 17.8 billion euros. On Monday, Meta CEO Mark Zuckerberg shared plans to spend hundreds of billions of dollars to build several massive AI data centers. The famous tech mogul has been going above and beyond with respect to hiring for its artificial intelligence (AI) unit, even making headlines for allegedly poaching talent from its rival ChatGPT maker OpenAI by tempting them with $100 million pay packages. Sam Altman, CEO of OpenAI , tagged the aggressive recruitment tactic as “distasteful” and potentially harmful to corporate culture. Zuckerberg also reportedly set his sights on Apple Inc.’s staff, with Bloomberg citing sources that claimed Meta offered a hefty pay package exceeding $200 million to lure distinguished Apple Inc. engineer Ruoming Pang for its superintelligence team. Apple reportedly failed to match Meta’s offer, claiming it would “far exceed” the pay packages of several management members, including CEO Tim Cook. So far, Meta has been able to onboard at least 10 former OpenAI researchers, including leading OpenAI scientist Lucas Beyer, who co-created the vision transformer. It has also poached recognizable names from Google, Anthropic, and other startups. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
Ethereum has broken through the key resistance level that had capped its upside for weeks. After a period of consolidation, ETH gained momentum with higher targets on the table and bullish sentiment starting to build. This breakout may mark the beginning of the next bullish momentum, as technical signals point toward further upside. Bullish Structure Builds Above Key Support Levels An analyst known as LSplayQ reported on X that the Ethereum price has recently completed a rounded bottom formation on the 1-day chart, signaling a long-term trend reversal, and shifting the market sentiment from bearish to bullish. Related Reading: Ethereum Shorts Reach Record Levels, How To Stay Positioned For A Breakout Following this information, the ETH price has entered a consolidation phase, forming a tight range just below the $2,880 resistance level. This phase of sideways movement suggests a pause as the market digests recent gains. Ethereum has successfully broken above the $2,880 resistance, while confirming a bullish breakout. This breakout marks the beginning of a fresh upward trend and reinforces the bullish reversal signaled by the rounded bottom. With the breakout confirmed, ETH price is poised to rally toward the 0.618 Fibonacci extension level at $3,588. This target represents an approximate 17% upside from the current price and is often considered a key resistance area where profit-taking or further acceleration could occur. However, if ETH encounters bearish pressure, the price could retrace to the 0.236 Fibonacci level at $2,613. The 0 Fibonacci level at $2,883 will then act as immediate short-term support, while holding above this level will be critical to maintaining the bullish momentum and avoiding a deeper pullback. Crypto analyst TheVALTOR has also revealed that Ethereum has broken the $2,850. This breakout has validated the blue alternative scenario, which had projected a more aggressive bullish path based on the wave count dynamics. Furthermore, the chart shows the completion of an extended red micro wave 3, which is typically the dynamic and impulsive wave within the five-wave sequence. The ETH price is currently in a correction phase and forming wave 4, which TheVALTOR expected to unfold as a sideways consolidation rather than a sharp pullback. Consolidation Zone Tightens Below $3,000 The Ethereum 1-hour chart shows an uptrend in recent hours with a minor pullback. According to Gemxbt on X, this retracement has helped establish strong intraday support around $2,950, the level that buyers are defending with conviction. Related Reading: Ethereum Price Fails to Hold Momentum Above $3K — Correction Ahead? The Relative Strength Index (RSI) sits in neutral territory, signaling balanced momentum that ETH is neither overbought nor oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) has flashed a bearish crossover, which may indicate short-term weakness or a period of consolidation before the next decisive move. The key resistance sits at $3,000, which could be a critical level for bullish continuation. This level represents a key psychological threshold that also aligns with previous local highs. Featured image from iStock images, chart from tradingview.com