Technical Analysis

Ethereum’s transaction fees have dropped to a 7-year low, coinciding with a recent Federal Reserve rate cut. Spot-driven market activity and institutional accumulation are supporting Ethereum’s post-meeting gains above $3,300 while challenging Layer-1 revenue structure.

Strategy CEO Fong Lee has a message for anyone still wondering whether the company might one day dump its Bitcoin: relax. That’s basically the last page of the playbook.

American Bitcoin co-founder Eric Trump said volatility was expected from the expiration and that he will hold onto his shares.

Bitcoin is forming a bearish ABCD pattern, with its price approaching the critical $83,800 support level. Traders are closely observing whether this zone will hold or lead to further declines in the cryptocurrency's value.

Ethereum's price has dropped below $3,000 after failing to hold above $3,150, continuing its downward trend. The cryptocurrency is trading under $3,100 and the 100-hourly SMA, with further declines possible if it stays below key resistance levels. Resistance is seen at $3,050 and $3,150, while support lies near $2,950 and $2,880.

XRP has broken out above its $2.60 consolidation wedge, with technical analysis indicating potential movement toward $2.90 if support holds. The momentum follows a bill introduced by French politician Éric Ciotti to integrate cryptocurrencies into a new monetary framework, according to analyst Lingrid.

On-chain analytics firm Glassnode has identified a critical Bitcoin price range between $111,000 and $117,000 based on investor cost basis. The $111,000 level reflects strong buying during recent downturns, while $117,000 corresponds to purchases near all-time highs. A retest of these levels may trigger significant market reactions depending on direction and sentiment.

Market expert VirtualBacon suggests the most impactful crypto event in 2025 could be the Federal Reserve's anticipated pause in quantitative tightening, potentially followed by stealth quantitative easing. Historical patterns show such liquidity shifts correlate with altcoin rallies, as seen in 2019 after QT halted.

Solana fell below $200 and the 100-hourly simple moving average after failing to hold earlier gains. Further downside could follow if the price drops below $192 support, according to technical analysis.

Bitcoin is trading in a narrow range between $111,160 and $117,630 as weaker-than-expected U.S. inflation data boosts market sentiment. Despite improving macro conditions, traders remain cautious, according to CryptoQuant and Glassnode. Market participants are awaiting clearer directional signals before committing significant capital. A breakout above $117,630 or a drop below $111,160 could set the next trend.