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Ethereum Price Recovery: Can ETH Rebound After a $1.2 Billion Loss?

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  • February 4, 2025
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Ethereum (ETH) experienced a severe drop, with its value declining by more than 30% between Friday and Monday, and investors suffered losses of over $1.2 billion. The crash was initiated by market-wide sell-offs that followed U.S. President Donald Trump’s imposition of tariffs on Mexico, Canada, and China, which caused massive liquidations in the crypto market. Despite the bearish sentiment, Ethereum is showing signs of recovery, with whales buying the dip and the price rebounding near a historically strong demand zone between $2,200 and $2,600. Technical indicators, including the RSI and Stochastic Oscillator, suggest growing buying pressure, increasing the likelihood of ETH reclaiming the $2,817 key support level and potentially aiming for the $3,000 psychological mark. KEY LOOKOUTS • Ethereum is looking to recover the $2,817 support level after bouncing off $2,110, and increasing buying pressure may push the price towards $3,000. • Big investors are buying the dip as a whale wallet bought more than 50,000 ETH, which shows confidence in the long-term recovery of Ethereum. • U.S. trade policies, especially Trump’s tariffs on Mexico, Canada, and China, caused market-wide losses that influenced the recent volatility and price swings of ETH. • RSI and Stochastic Oscillator are rebounding from oversold levels, which means that buying interest is increasing, thereby raising the probability of ETH to hold support in the range of $2,200-$2,600. Ethereum’s recent price crash, caused by the general market volatility because of U.S. tariffs on Mexico, Canada, and China, resulted in over $1.2 billion in investor losses. There are recovery signs, however, as whales start to accumulate ETH. There’s a whale wallet, which has bought over 50,000 ETH, indicating it is long-term confidence. The RSI and Stochastic Oscillator technical indicators are showing buying pressure is increasing and should help ETH recover from the $2,817 support level. If the momentum keeps on, Ethereum may target the psychological mark of $3,000. Demand in the area of $2,200-$2,600 can become a strong support point. Ethereum seems to be making a recovery after a sharp decline, with whales accumulating ETH and technical indicators suggesting rising buying pressure. If momentum holds, ETH could reclaim the $2,817 support level and aim for $3,000, with strong demand between $2,200 and $2,600 stabilizing the price. • Ethereum declined over 30% between Friday and Monday, as investors realized $1.2 billion in losses due to market-wide sell-offs. • The price crash is being cited as the U.S. President Donald Trump’s tariffs on Mexico, Canada, and China that increase liquidation across the crypto market. • Big investors are buying the dip, including one whale wallet buying over 50,000 ETH in a sign of confidence in Ethereum long-term recovery. • ETH found fantastic support between $2,200 and $2,600: That is historically high-demand zone where more than 50% of the ETH in circulation was bought. • RSI and Stochastic Oscillator recovering from oversold levels suggest increasing buying pressure and a possible price rebound. • If momentum holds, ETH could reclaim the $2,817 key support level and aim for the $3,000 psychological mark. • Despite short-term stagnation concerns, resolution of Mexico’s tariff situation and whale accumulation could drive ETH’s recovery in the coming weeks. Ethereum has just endured a heavy correction as it falls more than 30% within days, meaning investor losses topped $1.2 billion in a few short days. Its sell-off stemmed from the implementation of new U.S. President Donald Trump’s tariffs on Mexico, Canada, and China to protect America’s borders and potentially kick-start the world trade war. It witnessed liquidations as massive as more than $620 million in ETH futures positions are being erased. Despite the bearish mood, Ethereum had strong support at $2,200 and $2,600, a historically high-demand zone where most of the circulating ETH was bought beforehand. A whale wallet also purchased more than 50,000 ETH after the crash, which shows confidence in a rebound in the market. ETHEREUM Daily Chart TradingView Prepared by ELLYANA RSI and Stochastic Oscillator, both are recovering from oversold levels, indicating rising buying pressure. Ethereum is currently looking to retake the key support $2,817 level and if momentum continues, the cryptocurrency may be able to break toward psychological resistance at $3,000. On-chain analysis supports that further upside potential within this recovery also as whale accumulation stabilizes the market. Short-term consolidation remains plausible; nonetheless, since Mexican President Claudia Sheinbaum and Trump have resolved tariffs, investor confidence may return. If positive momentum sustains, Ethereum may soon regain its strength, setting the stage for a broader market recovery. TECHNICAL ANALYSIS Ethereum’s technical analysis suggests a potential recovery, with key indicators signaling increasing buying pressure. The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) have rebounded from oversold levels, indicating a shift in market momentum. ETH has tested a historically strong demand zone between $2,200 and $2,600, where over 50% of its circulating supply had been built up earlier. In the event that Ethereum reclaimed the support at $2,817, it may reverse bullish and push prices to $3,000 psychological resistance. Besides the breakdown of H&S pattern below the recent dip confirms it. A prolonged bounce from the current support levels would invalidate further downside risks. Chain data also supports whale accumulation for the recovery to be smooth in the next coming sessions. FORECAST Ethereum are reporting stronger buying pressure ahead in the Ethereum’s price recovery. Therefore, if ETH successfully breaches the key support $2,817 and sets the stage for a bullish breakout to $3,000; this will be a critical psychological resistance. In fact, whale accumulation as seen in recent on-chain data further support this case of recovery. The resolution of the tariff issue in Mexico could also positively affect the overall market sentiment, making more institutional and retail investors re-enter the market. If the trading volume increases and ETH maintains stability above $2,800, it may lead to a steady uptrend, with the next resistance levels at $3,200 and $3,500 in the medium term. Ethereum still faces short-term risks that may lead to further price fluctuations despite the bullish signs. If ETH is unable to take back

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Crypto Ethereum

Ethereum Price Prediction: ETH Seeks $4,300 as Community Unites for Danny Ryan

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  • January 31, 2025
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Ethereum (ETH) is showing bullish momentum, targeting a potential rally to $4,300 if it breaks the falling wedge resistance. The price has surged to $3,240, gaining 3% amid strong community support for Danny Ryan to lead the Ethereum Foundation. Over 51,000 ETH worth more than $162 million signaled for Ryan via an informal vote that is related to concerns of the leadership within the foundation. In contrast, Ethereum ETFs reported a net outflow of $4.70 million. The technical outlook for ETH points out that to maintain its current trend, the asset needs to breach several crucial resistance levels including $3,550, $3,770, and $4,100. A break down below this may take it to $3,000. KEY LOOKOUTS • ETH must break the falling wedge resistance and hold above $3,550, $3,770, and $4,100 to confirm a rally toward $4,300. • Over 51,000 ETH, worth $162 million, has signaled support for Danny Ryan to lead the Ethereum Foundation, influencing market sentiment. • Ethereum ETFs saw a net outflow of $4.70 million, which could affect investor confidence and short-term price movements. • RSI and Stochastic Oscillator are reaching neutral levels; a breakout above these could signal stronger bullish momentum for Ethereum’s price rally. Ethereum is at a critical juncture, with its price eyeing a breakout toward $4,300 if it overcomes the falling wedge resistance and key levels at $3,550, $3,770, and $4,100. The strong support for Danny Ryan on leading the Ethereum Foundation from over 51,000 ETH to the tune of $162 million has definitely fired the ethical bullish into the market. But a new sour note came in that Ethereum ETF recorded a net flow out worth $4.70 million, which concerned investor confidence. Technically, RSI and Stochastic Oscillator are approaching neutral marks, and any decisive move above them would further build bullish strength in ETH. Ethereum eyes a breakout to $4,300 if it clears the key resistance levels and is backed by strong community support for Danny Ryan. ETF outflows and technical resistance, however, might impact its momentum. A successful breakout above the falling wedge might fuel a strong bullish rally. • ETH is aiming for a breakout to $4,300 if it can clear the falling wedge resistance and the key levels at $3,550, $3,770, and $4,100. • More than 51,000 ETH, valued at $162 million, has been voted in support of Ryan as the head of the Ethereum Foundation, which has positively impacted investor sentiment. • A net outflow of $4.70 million from Ethereum ETFs raises questions about institutional investor confidence and market volatility. • If ETH breaks resistance, it could see a strong uptrend; otherwise, it might drop back to the psychological level of $3,000. • ETH futures registered $34.26 million in liquidations in 24 hours, which further indicates increased volatility and shifts in trader positioning. • The RSI and Stochastic Oscillator are approaching the neutral levels; a breakout above them could confirm stronger bullish momentum. • Ethereum co-founder Vitalik Buterin defended the current leadership, hailing Aya Miyaguchi and EF researchers despite calls for change. Ethereum is targeting a breakout to $4,300 if it can break above key resistance levels at $3,550, $3,770, and $4,100. Price has recently moved up to $3,240, gaining 3% while closing in on the upper boundary of a falling wedge pattern. A breakout from this pattern may propel a strong rally, and bullish momentum may intensify if these resistance levels turn into support. Nevertheless, breaking down the resistance may send ETH back to the psychological level of around $3,000. The next several trading sessions are critical to figuring out which direction Ethereum is headed in the short term.  ETHEREUM Daily Chart TradingView Prepared by ELLYANA The Ethereum community has rallied behind Danny Ryan to head the Ethereum Foundation, as more than 51,000 ETH, amounting to about $162 million, have been signaled in his favor. This is against the backdrop of criticism over the leadership structure of the foundation and demands for the resignation of executive director Aya Miyaguchi. However, Ethereum co-founder Vitalik Buterin has come out in defense of Aya’s leadership, praising her role in Ethereum’s growth. Meanwhile, Ethereum ETFs recorded a net outflow of $4.70 million, which could affect investor confidence and introduce short-term volatility in the market.  TECHNICAL ANALYSIS The technical analysis of Ethereum shows a possible breakout from a falling wedge pattern, which is a bullish formation that indicates an upward move if resistance is broken. The key resistance levels to watch are $3,550, $3,770, and $4,100, which ETH must clear to confirm a rally toward $4,300. The Relative Strength Index is testing its neutral zone, and a move above it could strengthen bullish momentum. The Stochastic Oscillator is also close to its signal line, suggesting an upward price. Should it fail to break resistance, the Ethereum price may drop towards the support level of $3,200 and possibly down to $3,000 in case the selling pressure gets higher. Traders should look at volume spikes and candlestick formations to confirm the direction of the Ethereum’s next move.  FORECAST Ethereum’s price currently shows bullish momentum, breaking for a breakout at $4,300 if the falling wedge resistance is cleared. A successful breakout above key levels at $3,550, $3,770, and $4,100 will have a good basis for a rally, taking ETH to its desired target. Moreover, positive sentiments in the market have been induced by the support for Danny Ryan as the head of the Ethereum Foundation, having over $162 million in ETH backing him. If the positive momentum lingers on and technical indicators such as RSI and Stochastic Oscillator remain above their center lines, then Ethereum might experience rising buying pressure with prolonged upward movement in the following weeks. On the downside, there are still some threats to Ethereum. ETF outflows of $4.70 million mean that some institutional investors have drawn back; otherwise, this could reduce bullish strength. Moreover, if ETH is unable to breach the falling wedge resistance, then it could potentially retrace toward the $3,200 support level and then possibly even hit $3,000 if

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Crypto Ethereum

Ethereum Faces Leadership Challenges: Lido Co-founder Proposes Second Foundation

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  • January 23, 2025
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A new wave of criticism toward the leadership of the Ethereum Foundation has resulted in the co-founder of Lido, Konstantin Lomashuk, proposing a “Second Foundation” to settle community concerns. Therefore, some key issues are leadership change calls, centralization fears, and dissatisfaction with the road map holding a roll-up-centric position. Meanwhile, the price of Ethereum is poised for a 20% rally if it can break through the important resistance levels at $3,550 and $3,770, with support firmly held at $3,216. More buzz comes in as Donald Trump’s World Liberty Financial has staked 10,000 ETH, putting it in the top 0.1% stETH holders, marking growing interest in Ethereum’s staking ecosystem. KEY LOOKOUTS • Lido’s co-founder suggests a spin-off organization to address Ethereum community concerns, focusing on leadership changes, decentralization, and roadmap adjustments for improved scalability. • Ethereum’s price could surge 20% if it overcomes critical resistance levels near $3,550 and $3,770, backed by strong support at $3,216. • Donald Trump’s World Liberty Financial has entered the top 0.1% stETH holders by staking 10,000 ETH, signaling growing confidence in Ethereum’s staking protocol. • While the Second Foundation proposal gains traction, some members question its necessity, urging a balance between existing Ethereum Foundation goals and broader ecosystem representation. The Ethereum ecosystem is at a critical juncture, with growing calls for leadership changes within the Ethereum Foundation prompting Lido co-founder Konstantin Lomashuk to propose a “Second Foundation” to address decentralization and roadmap concerns. While this initiative is meant to promote wider community representation, it has elicited mixed reactions, with some questioning its necessity. Meanwhile, Ethereum’s price is promising, trading near $3,260 with a potential 20% rally if key resistance levels at $3,550 and $3,770 are breached. Adding to the momentum, Donald Trump’s World Liberty Financial recently staked 10,000 ETH, putting it in the top 0.1% stETH holders and showing growing confidence in Ethereum’s staking ecosystem. Ethereum is criticized by leadership as Lido’s co-founder suggests a “Second Foundation” to counter decentralization concerns. Meanwhile, ETH has the potential for a 20% rally, trading near $3,260 with staking interest growing as World Liberty Financial stakes 10,000 ETH. • The Ethereum Foundation is criticized for leadership issues and centralization, but also for their roll-up-orientated roadmap for scaling • Lido co-founder Konstantin Lomashuk proposes the need for a “Second Foundation” for better representation within the ecosystem as well as higher decentralization. • Ethereum Co-founder supports growing more organizations as representatives of portions of Ethereum the Foundation cannot fulfill. • Such a proposal led to a healthy debate, seeing it as an Ethereum bull’s call, as well as criticizing its necessity. • Ethereum may jump 20% if it breaks above the key resistance at $3,550 and $3,770, with strong support at $3,216. • Donald Trump’s World Liberty Financial staked 10,000 ETH, making it one of the top 0.1% stETH holders, which boosted confidence in Ethereum staking. • RSI and Stochastic Oscillator indicate mixed momentum, with bearish pressure still dominating but room for a potential breakout. Meanwhile, a heated community debate is centered on the fate of Ethereum with rising criticism now toward the leadership within the Ethereum Foundation. Concerns over centralization, selling activity, and a roll-up-centric scaling roadmap prompted calls for significant changes, including the resignation of Executive Director Aya Miyaguchi. In response to the debate, Lido co-founder Konstantin Lomashuk suggested a “Second Foundation” as a solution to fill these gaps and improve ecosystem representation. The co-founder of Ethereum, Vitalik Buterin, also chimed in and suggested that the Ethereum Foundation should focus on areas where it can be effective while fostering other organizations to represent the broader aspects of the blockchain network. Such a proposal is receiving mixed reactions; some welcome this step forward, while others question the necessity. ETHEREUM Daily Price Chart. Source: TradingView Prepared By ELLYANA Meanwhile, the price of Ethereum has shown some promise and traded near $3,260, with the potential to rally 20% if it breaks key resistance levels at $3,550 and $3,770. Strong support at $3,216 has held firm, and a breakout above the descending trendline could propel ETH toward the $4,100 level. Adding to the momentum, Donald Trump’s World Liberty Financial has recently staked 10,000 ETH, making it one of the top 0.1% stETH holders, highlighting growing confidence in Ethereum’s staking protocol. However, bearish pressure remains slightly dominant, as indicated by technical metrics like the Relative Strength Index (RSI) and Stochastic Oscillator, leaving the market in a critical state of anticipation. TECHNICAL ANALYSIS This brings in a technical point of view on the technicals in Ethereum, trading at about $3,260. It finds its major support at $3,216, while 100-day and 50-day SMAs work out to be strong immediate supports and resistances around $3,200–$3,550. If ETH can break past the trend line formed since 16th Dec, then one might see it take off into a 20% move. In that scenario, ETH can head to resistance at $4,100. However, relative strength index sits slightly below a neutral position still showing bear pressure, and stochastics’ oscillator is relatively above the zero line, neutral, but giving mixed momentum. Below the daily low of $2,817 cancels the Bullish thesis hence $3,000 psychological buy level to start collecting liquidity while reversing. FORECAST There is a good possibility of an upward move if Ethereum can break above the descending trendline resistance around $3,550. A daily close above this level may open the way for a rally to $3,770 and then to $4,100, driven by increased market confidence and technical momentum. The support at $3,216 is a critical foundation for a bullish breakout, as it has held against bearish pressures consistently. Positive market sentiment, combined with ongoing staking interest, such as the recent 10,000 ETH stake by Donald Trump’s World Liberty Financial, adds to the potential for upward movement. A sustained rally may attract more investors, increasing buying pressure and driving prices toward new local highs. On the downside, Ethereum is at risk if it cannot hold above the $3,216 support level, with the next key level of interest at $3,000. A

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Crypto Ethereum

Ethereum’s Pectra Update: A Transformational Move for Wallets, Security, and Staking

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  • January 18, 2025
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The highly anticipated upgrade by Ethereum, named Pectra, is in preparation to come into effect during March 2025. Improved wallet experiences and security measures combined with increased limits for staking will be facilitated. The notable upgrades include such key Ethereum Improvement Proposals, or EIPs, such as EIP-7702, which enhances account abstraction and EIP-2537 for better usage of zero-knowledge cryptography. Meanwhile, Ethereum’s price hovers above $3,400, forming a bullish inverted Head-and-Shoulders pattern. If ETH breaks past the key $4,093 resistance level, it could rally toward $6,000. However, failure to sustain support near $2,817 may challenge this bullish outlook. Validators and investors eagerly await the upgrade’s potential to boost network health and attract new users. KEY LOOKOUTS • March 2025 will bring wallet improvements, enhanced security, and higher staking limits. These are supposed to boost the ecosystem of Ethereum. • The key resistance point is $4,093. ETH is about to break through above this point and rally to $6,000. • A bullish inverted Head-and-Shoulders pattern is forming on Ethereum, suggesting further upward momentum when key resistance points are broken. • EIPs that are EIP-7002 will raise maximum staking limits, though enhancing the health of the network and encouraging increased participation in validation and investment. Ethereum’s future Pectra hard fork, scheduled for March 2025, brings a slew of game-changing features, such as improved wallet functionality, greater security, and higher staking limits. It currently trades above $3,400, and with a resistance level at $4,093, the upside would be a rally to $6,000 if it breaks this level. Upgrades will focus on three main proposals such as EIP-7702, account abstraction, and EIP-2537 for enhanced cryptography, that may strengthen Ethereum scalability and user experience. Still, maintaining the current support level around $2,817 is significant in maintaining this bull trend. Interest among investors along with the bullish technical indications can lead to higher price action by Ethereum. Ethereum’s Pectra upgrade, scheduled for March 2025, will bring wallet improvements, enhanced security, and higher staking limits. ETH price might surge if it breaks the critical resistance level of $4,093. • Ethereum’s Pectra upgrade is scheduled for March 2025, which will feature wallet improvements, enhanced security, and higher staking limits to strengthen the ecosystem. • Account abstraction enables batch transactions, one-time gas fees, account recovery options, and sponsored transactions for a better user experience. • Enhanced zero-knowledge cryptography will enhance privacy, scalability, and security on the Ethereum network. • EIPs such as EIP-7002 will increase the maximum staking balance from 32 ETH to 2,048 ETH, improving network health and validator efficiency. • Ethereum is creating an inverted Head-and-Shoulders pattern, which may be a sign of bullish momentum if key resistance levels are broken. • ETH needs to break the $4,093 resistance for a potential rally to $6,000 while maintaining support at $2,817 to sustain the bullish momentum. • Ethereum ETFs experienced $166.6 million in net inflows, showing the growing confidence of investors with the upgrade coming. Ethereum is readying for its next major milestone with the Pectra upgrade, scheduled for March 2025. The much-awaited update brings with it some major upgrades, such as better wallet experiences, improved security features, and an increased staking limit from 32 ETH to 2,048 ETH. Key EIPs include account abstraction EIP-7702 and better zero-knowledge cryptography EIP-2537, which will enhance the scalability, privacy, and overall network efficiency. Testnet implementations of validators and developers on Sepolia and Holesky are optimistic as they advance smoothly, laying the ground for a transformative upgrade that may draw more users and investors to the Ethereum ecosystem. Ethereum Daily Price Chart Sources: TradeView, Prepared By ELLYANA Meanwhile, Ethereum’s price action is positive and follows this optimism as it trades higher than $3,400. It also gets into an inverted Head-and-Shoulders pattern, implying bullish movement. A breakout above the crucial resistance level of $4,093 could eventually push ETH to $6,000, bringing a fresh chapter in the growth of the currency. Support at the $2,817 level needs to be held on for a bullish outcome. With Ethereum ETFs reporting $166.6 million in net inflows and investor confidence on the rise, the Pectra upgrade is set to cement Ethereum’s position as one of the most dominant blockchain networks. TECHNICAL ANALYSIS Ethereum’s technical analysis has a bullish inverted Head-and-Shoulders pattern forming, indicating upward momentum if the key resistance levels are broken. Currently trading above $3,400, ETH is approaching a critical resistance near $4,093, which has remained strong for nearly ten months. A breakout above this resistance, supported by high trading volumes, could push ETH toward $6,000. However, maintaining support at $2,817 is essential to sustain the bullish narrative. Indicators like the Relative Strength Index (RSI) and Stochastic Oscillator remain above neutral levels, reflecting strong bullish momentum. With increased market activity and investor interest, Ethereum’s price action appears poised for a significant move. FORECAST The price trajectory of Ethereum seems to be a mixed bag of opportunities and risks for the coming months, as it is gearing up for the Pectra upgrade in March 2025. On the upside, ETH could see a rally toward $6,000 if it breaks through the critical resistance level at $4,093, a barrier that has persisted for ten months. The bulls are set to win a more considerable breakout here and might have it take on to challenge Ethereum to reach all-time high price $4,868. It will continue attracting new users and validators after an upcoming hardfork with promising upgraded security features and improved wallet experience as well as higher limits of staking. For that, ETH would hold above its support near the mark of $2,817 not to let it break a bullish setup. Failure to continue at this level would mean a deeper retracement, with possible support zones at or below $2,600. Notably, market turbulence continues to threaten the asset class in general; because of macroeconomic changes and renewed regulatory action impacting investor sentiment. Notably, prior to the Pectra upgrade, Ethereum’s price will be highly volatile within this range, under short-term technical direction by market news and tests of resistance or support.

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