Ethereum Technical Analysis
👉 Ethereum is currently trading at $2021.
👉 The market bias is distinctly Neutral.
👉 Key immediate support is at $1983.36.
👉 Key immediate resistance is at $2223.50, followed by $2550.69.
For Buyers: A sustained hold above $1983.36 could lead to a retest of $2223.50. A move above $2550.69 is required to shift the short-term momentum.
For Risk Control: Use tighter stops or reduce position size if price breaks below $1983.36.
MOVING AVERAGES
👉 EMA50 is at $2223.50, acting as immediate resistance.
👉 EMA100 is at $2550.69, providing critical resistance level.
👉 No recent crossover has been identified.
BOLLINGER BANDS
👉 Price is currently positioned above the middle band at $1983.36. Exact lower and upper band values are not provided. This indicates consolidation.
FIBONACCI LEVELS
👉 Key Fibonacci retracement at $2916 limits downside, with extension at $5785 marking potential upside target.
MOMENTUM (SRSI/MACD)
👉 Stochastic RSI K is at 70.9, indicating overbought conditions. MACD is below zero, signifying a bearish momentum regime, but is currently above its signal line, showing a bullish alignment within that regime.
👉 Ethereum is currently trading at $2021.
👉 The market bias is distinctly Neutral.
👉 Key immediate support is at $1983.36.
👉 Key immediate resistance is at $2223.50, followed by $2550.69.
For Buyers: A sustained hold above $1983.36 could lead to a retest of $2223.50. A move above $2550.69 is required to shift the short-term momentum.
For Risk Control: Use tighter stops or reduce position size if price breaks below $1983.36.
MOVING AVERAGES
👉 EMA50 is at $2223.50, acting as immediate resistance.
👉 EMA100 is at $2550.69, providing critical resistance level.
👉 No recent crossover has been identified.
BOLLINGER BANDS
👉 Price is currently positioned above the middle band at $1983.36. Exact lower and upper band values are not provided. This indicates consolidation.
FIBONACCI LEVELS
👉 Key Fibonacci retracement at $2916 limits downside, with extension at $5785 marking potential upside target.
MOMENTUM (SRSI/MACD)
👉 Stochastic RSI K is at 70.9, indicating overbought conditions. MACD is below zero, signifying a bearish momentum regime, but is currently above its signal line, showing a bullish alignment within that regime.
Bitcoin Technical Analysis
👉 Bitcoin is currently trading at $69541.
👉 The market bias is distinctly Neutral.
👉 Key immediate support is at $67813.82.
👉 Key immediate resistance is at $72997.47, followed by $80215.20.
For Buyers: A sustained hold above $67813.82 could lead to a retest of $72997.47. A move above $72997.47 is required to shift the short-term momentum.
For Risk Control: Use tighter stops or reduce position size if price breaks below $67813.82.
MOVING AVERAGES
👉 EMA50 is at $72997.47, acting as immediate resistance.
👉 EMA100 is at $80215.20, providing critical resistance level.
👉 No recent notable crossovers. Price is trading below both EMA50 and EMA100.
BOLLINGER BANDS
👉 Price is currently positioned above the middle band at $67813.82 and in the upper half of the bands, indicating a positive short-term tilt within potential consolidation.
FIBONACCI LEVELS
👉 Key Fibonacci 61.8% retracement at $86507 acts as significant resistance, with the 138.2% extension at $148427 marking a potential upside target.
MOMENTUM (SRSI/MACD)
👉 Stochastic RSI K is at 69.3, indicating strong bullish momentum within the bullish momentum zone (50-70).
👉 MACD is below zero, indicating a bearish momentum regime, but MACD is above its Signal line, suggesting a bullish alignment in the near term.
Link to live chart:
https://in.tradingview.com/chart/BTCUSDT/0fH3h0VQ-Bitcoin-Chart/
👉 Bitcoin is currently trading at $69541.
👉 The market bias is distinctly Neutral.
👉 Key immediate support is at $67813.82.
👉 Key immediate resistance is at $72997.47, followed by $80215.20.
For Buyers: A sustained hold above $67813.82 could lead to a retest of $72997.47. A move above $72997.47 is required to shift the short-term momentum.
For Risk Control: Use tighter stops or reduce position size if price breaks below $67813.82.
MOVING AVERAGES
👉 EMA50 is at $72997.47, acting as immediate resistance.
👉 EMA100 is at $80215.20, providing critical resistance level.
👉 No recent notable crossovers. Price is trading below both EMA50 and EMA100.
BOLLINGER BANDS
👉 Price is currently positioned above the middle band at $67813.82 and in the upper half of the bands, indicating a positive short-term tilt within potential consolidation.
FIBONACCI LEVELS
👉 Key Fibonacci 61.8% retracement at $86507 acts as significant resistance, with the 138.2% extension at $148427 marking a potential upside target.
MOMENTUM (SRSI/MACD)
👉 Stochastic RSI K is at 69.3, indicating strong bullish momentum within the bullish momentum zone (50-70).
👉 MACD is below zero, indicating a bearish momentum regime, but MACD is above its Signal line, suggesting a bullish alignment in the near term.
Link to live chart:
https://in.tradingview.com/chart/BTCUSDT/0fH3h0VQ-Bitcoin-Chart/
Kled AI $5.5M Seed Round
👉 About: @useKled is a platform designed for the collection and preparation of datasets used in training artificial intelligence models.
👉 Investors: K5 Global, Aglaé Ventures, Cox Exponential (CX2), Parable, and others.
This significant seed round for an AI dataset platform indicates growing investor confidence in foundational AI infrastructure.
👉 About: @useKled is a platform designed for the collection and preparation of datasets used in training artificial intelligence models.
👉 Investors: K5 Global, Aglaé Ventures, Cox Exponential (CX2), Parable, and others.
This significant seed round for an AI dataset platform indicates growing investor confidence in foundational AI infrastructure.
Nexthop AI $500M Series B Round About: @nexthopai builds high-performance Ethernet switches natively for AI workloads to eliminate networking bottlenecks in data center infrastructure. Investors: Andreessen Horowitz (Lead), Raghu Raghuram, Shangda Xu, and Guido Appenzeller
This substantial funding round, led by a prominent investor, signals strong confidence in Nexthop AI's solution for critical AI infrastructure. It could significantly boost their market presence.
This substantial funding round, led by a prominent investor, signals strong confidence in Nexthop AI's solution for critical AI infrastructure. It could significantly boost their market presence.
Huge: Ex-Meta’s chief AI scientist @ylecun raises $1.03 billion seed round for new AI startup
This significant AI investment highlights venture capital focus on emerging tech, potentially attracting further capital flows to related blockchain and Web3 projects leveraging AI.
This significant AI investment highlights venture capital focus on emerging tech, potentially attracting further capital flows to related blockchain and Web3 projects leveraging AI.
HOT!
🇮🇷 Iran is exporting more oil through the Strait of Hormuz than before the war, WSJ reports. pic.
🇮🇷 Iran is exporting more oil through the Strait of Hormuz than before the war, WSJ reports. pic.
Paribu has acquired Clave About: @getclave is a mobile self-custodial application designed for managing digital assets on-chain Acquired by: @ParibuCom is a Turkish technology company and cryptocurrency exchange platform established in 2017
This acquisition expands Paribu's ecosystem by integrating self-custodial solutions, potentially increasing user base and service offerings. It indicates a trend towards exchanges enhancing their security and asset management capabilities.
This acquisition expands Paribu's ecosystem by integrating self-custodial solutions, potentially increasing user base and service offerings. It indicates a trend towards exchanges enhancing their security and asset management capabilities.
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Mastercard launches program to connect crypto blockchain payments with global banking, partnering with 85+ companies including: • Circle • Paxos • Ripple • PayPal • Gemini
This initiative could significantly bridge traditional finance with the crypto ecosystem, potentially increasing adoption and utility for digital assets.
Mastercard launches program to connect crypto blockchain payments with global banking, partnering with 85+ companies including: • Circle • Paxos • Ripple • PayPal • Gemini
This initiative could significantly bridge traditional finance with the crypto ecosystem, potentially increasing adoption and utility for digital assets.
Resilient in the Face of War Bitcoin is showing early signs of stabilisation as ETF inflows return and spot demand recovers. Negative funding points to crowded shorts, while options vol is easing. Read the full Week On-Chain
Bitcoin is stabilizing with returning ETF inflows and spot demand, suggesting potential bullish sentiment despite crowded shorts.
Bitcoin is stabilizing with returning ETF inflows and spot demand, suggesting potential bullish sentiment despite crowded shorts.
Immunefi Strategic Round About: @immunefi has built the Security OS for the on-chain economy Investor: @Anchorage Digital
Immunefi, a security platform for the on-chain economy, has secured a strategic investment from Anchorage Digital. This collaboration enhances security infrastructure in the crypto space and validates Immunefi's critical role.
Immunefi, a security platform for the on-chain economy, has secured a strategic investment from Anchorage Digital. This collaboration enhances security infrastructure in the crypto space and validates Immunefi's critical role.
The aggregated spot volume for the top 500 crypto assets has been declining since late January. Meanwhile, Bitcoin spot volume has been more resilient and rising for most of February.
This indicates a broader market slowdown with Bitcoin showing relative strength, potentially attracting capital from altcoins.
This indicates a broader market slowdown with Bitcoin showing relative strength, potentially attracting capital from altcoins.
HOT!
🇺🇸 President Trump says oil companies "should use" the Strait of Hormuz. Earlier today, Iran struck a Thai ship attempting to pass through it.
Geopolitical tensions around critical shipping lanes can impact oil prices, leading to broader market volatility.
🇺🇸 President Trump says oil companies "should use" the Strait of Hormuz. Earlier today, Iran struck a Thai ship attempting to pass through it.
Geopolitical tensions around critical shipping lanes can impact oil prices, leading to broader market volatility.
HOT!
$3.5 trillion Goldman Sachs says stocks could see an "extreme" rally.
$3.5 trillion Goldman Sachs says stocks could see an "extreme" rally.
HOT!
🇺🇸 US to release 172 million barrels of oil from the strategic petroleum reserve. pic.
This could impact global oil prices and related energy sector investments.
🇺🇸 US to release 172 million barrels of oil from the strategic petroleum reserve. pic.
This could impact global oil prices and related energy sector investments.