Dogecoin News Confirms Whale Accumulation and ETF Launch as Pepeto Presale Draws $9 Million in Capital openPR.com
Source link ]]>
The price of Ethereum has somewhat slowed down over the weekend after a breakdown of negotiations between the United States and Iran. However, the latest on-chain data suggests that this moment of uncertainty has barely impacted the market structure of the second-largest cryptocurrency by market cap. According to a prominent analyst, the Ethereum price seems to be at a turning point, which could usher in a fresh bullish cycle.
ETH May Be Near A Major Uptrend
In a Quicktake post on the CryptoQuant platform, CryptoOnchain revealed that significant amounts of the Ether tokens have been flowing out of Binance, the world’s largest cryptocurrency exchange by trading volume. This on-chain observation is based on the 365-day Simple Moving Average of Ethereum Exchange Netflow on Binance.
According to CryptoOnchain, this metric has been in a steady decline, recently falling to its lowest level since May 2024. Typically, this trend is often a bullish indicator for prices, as it suggests that investors are pulling their assets off exchanges to self-custodial wallets for long-term holding.
However, the highlighted metric has historically proven to be a reliable leading indicator for significant macroeconomic price movements. As observed in the chart below, whenever the 365-day Simple Moving Average of Ethereum Exchange Netflow fell to extreme lows in the past, it was followed by an upward reversal often coinciding with the start of major Ethereum bull rallies.
CryptoOnchain noted that this repeating pattern strongly indicates an ongoing accumulation phase for Ethereum. “When netflows hit extreme lows on a long-term moving average, it typically indicates that investors are withdrawing their assets from exchanges for long-term holding, thereby drastically reducing immediate sell pressure in the market,” the pundit wrote in the Quicktake post.
Furthermore, the crypto analyst mentioned that, if history were to repeat itself, the current formation of a bottom could lay the structural foundation for the next major upward macro trend for the Ethereum price. CryptoOnchain told market participants to closely monitor this metric for a “decisive upward pivot” to confirm the start of a new bullish cycle.
Ethereum Price Overview
As of this writing, the price of ETH stands at around $2,353, reflecting an over 3% decline in the past 24 hours. While the altcoin crumbled on the back of the closure of the Strait of Hormuz, the past-day action was not enough to completely wipe out the last week’s gain. According to CoinGecko data, the Ethereum price is still up by about 2% in the past seven weeks.
]]>CoinCodex Algorithm Projects $0.37 Cardano (ADA) Target as Whale Accumulation Hits Four-Month High openPR.com
Source link ]]>
Shiba Inu (SHIB) Whale Accumulation Draws Analyst Attention as Burn Rate Surges to Monthly Highs openPR.com
Source link ]]>
Santiment Flags 424 Cardano (ADA) Whale Wallets at Four-Month High After $214M Accumulation Push openPR.com
Source link ]]>
Crypto News: Ethereum Based Crypto Pepeto Nears Binance Listing While Cardano Price Prediction Turns Bullish on Whale Accumulation markets.businessinsider.com
Source link ]]>
A crypto analyst has announced that Bitcoin (BTC) has hit its last bull trap, signaling that the price of the flagship cryptocurrency could fall much further before a potential reversal begins. The analyst has shared a chart highlighting key accumulation areas at levels below $60,000, the lowest price BTC has reached since its all-time high in 2025.
Bitcoin Reaches Final Bull Trap
Following Bitcoin’s rebound over the weekend, a pseudonymous whale and crypto analyst known as NoName shared an update on Bitcoin’s latest price action and what its next moves may be. In a post on X, NoName announced that Bitcoin has recently hit its second and final bull trap since reaching a price peak in 2025.
Related Reading
He shared a video chart showing how the Bitcoin price has moved throughout its ongoing bear market. After a prolonged rally that eventually pushed Bitcoin to an all-time high above $126,700, the market shifted direction and entered a sustained downtrend, marked by multiple corrective waves.
Later during Q1 2026, Bitcoin experienced its first major bull trap. At the time, the price spiked sharply upward, drawing in late buyers and briefly reviving bullish sentiment before quickly reversing and resuming its decline. The move ultimately caught overleveraged traders off guard, leading to significant losses for those who entered near the top.
After this initial trap, the price continued to slide and establish lower price levels before forming its latest bull trap this month. Here, BTC surged above $72,000 shortly after the US-Iran ceasefire announcement. The rally held for several days, sustaining optimism slightly, before momentum faded and the price retraced back toward the $70,000 level at the time of writing.
With this last bull trap in place, NoName has stated that Bitcoin’s path has become clearer. The analyst is now anticipating a final downside flush, suggesting that more volatility and pain could lie ahead for BTC. He projects a potential price crash to $50,000, representing a more than 28% drop from its current price and a drawdown of about 60% from BTC’s peak.
Notably, NoName has marked the $50,000 level as a potential accumulation area, and investors and traders could begin entering the market again to prop up their positions.
What’s Next For The BTC Price?
Based on NoName’s analysis, the $50,000 level is likely Bitcoin’s final price bottom before a bullish reversal. Once the cryptocurrency hits this accumulation point, the analyst anticipates an upward move to the next re-accumulation area between $75,000 and $85,000.
Related Reading
After consolidating around this range for a bit, NoName projects that Bitcoin could rise sharply to his “mark-up” target between $95,000 and $110,000, before skyrocketing to a new all-time high above $130,000.
Featured image from Pixabay, chart from Tradingview.com
Dogecoin (DOGE) Price Prediction: 176% Active Address Spike Signals Retail Accumulation Is Building openPR.com
Source link ]]>
Cardano (ADA) Price Prediction: Hashdex Nasdaq ETF Opens ADA to $214M in Institutional Accumulation openPR.com
Source link ]]>
Dogecoin (DOGE) Coils for 30% Move After 70-Day Accumulation BanklessTimes
Source link ]]>