Ethereum price started a steady upward move above $3,200. ETH is now consolidating gains and might aim for more gains above $3,300.

• Ethereum started a fresh increase above $3,150 and $3,200.
• The price is trading above $3,220 and the 100-hourly Simple Moving Average.
• There is a key bullish trend line forming with support at $3,200 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could continue to move up if it clears the $3,265 zone.

Ethereum Price Holds Gains

Ethereum price started a fresh increase after it settled above the $3,120 zone, like Bitcoin. ETH price gained pace for a move above the $3,200 and $3,220 resistance levels.

The bulls even pumped the price toward $3,300. A high was formed at $3,299, and the price is now consolidating gains. It declined a few points to test the 50% Fib retracement level of the recent increase from the $3,181 swing low to the $3,299 high.

Ethereum price is now trading above $3,220 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $3,200 on the hourly chart of ETH/USD.

If the bulls are able to protect more losses below $3,200, the price could attempt another increase. Immediate resistance is seen near the $3,265 level. The first key resistance is near the $3,280 level. The next major resistance is near the $3,300 level.

A clear move above the $3,300 resistance might send the price toward the $3,350 resistance. An upside break above the $3,350 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the near term.

Downside Correction In ETH?

If Ethereum fails to clear the $3,265 resistance, it could start a fresh decline. Initial support on the downside is near the $3,220 level or the 61.8% Fib retracement level of the recent increase from the $3,181 swing low to the $3,299 high.

The first major support sits near the $3,200 zone and the trend line. A clear move below the $3,200 support might push the price toward the $3,120 support. Any more losses might send the price toward the $3,050 region.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

Major Support Level – $3,200

Major Resistance Level – $3,265

Strategy Inc., the firm once best known as MicroStrategy, said Monday it has raised cash and set aside a $1.44 billion US reserve to cover near-term obligations as Bitcoin tumbles. The move came after recent share sales and follows a brief buy of new coins, according to company statements and market reports.

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Strategy Establishes $1.44B Cash Reserve

According to filings and market reports, the reserve was funded by selling Class A common stock under an at-the-market program and is meant to fund dividends on Strategy’s preferred shares and to help pay interest on its debt for at least 12 months, with a target to extend cover to 24 months or more. The company said it did not liquidate its Bitcoin stash to create the reserve.

The size of the company’s Bitcoin holdings remains unusually large. Based on reports, Strategy now holds about 650,000 BTC after a small recent purchase of roughly 130 BTC that cost about $11.7 million.

That hoard is still worth tens of billions of dollars at current prices, but price swings have put fresh pressure on a business built around holding the asset.

Strategy Inc. announced a $1.44 billion USD reserve to cover at least 12 months of preferred dividends and interest payments, funded through its at-the-market stock sales. The company now holds 650,000 BTC and says the reserve will help manage volatility. https://t.co/i4X1J62Qel

— Wu Blockchain (@WuBlockchain) December 1, 2025

Bitcoin: Market Reaction And Risks

Investors reacted quickly. Strategy’s shares have fallen sharply this year, and analysts say the new cash buffer may calm some fears but won’t erase larger funding and debt timelines that loom over the company.

Strategy announces $1.44B USD Reserve and now hodls 650,000 $BTC. pic.twitter.com/FNFivMNQgh

— Strategy (@Strategy) December 1, 2025

Reports put convertible debt tied to past financing at about $8 billion, and company metrics show the market-to-Bitcoin ratio (mNAV) sliding closer to levels where management has said it might consider selling coins only as a last resort.

Peter Schiff, a well-known Bitcoin critic, took to social media after the announcement and described the reserve as proof the model has failed, calling Michael Saylor a “conman” and saying Saylor is “finished.”

Today is the beginning of the end of $MSTR. Saylor was forced to sell stock not to buy Bitcoin, but to buy U.S. dollars merely to fund MSTR’s interest and dividend obligations. The stock is broken. The business model is a fraud, and @Saylor is the biggest con man on Wall Street.

— Peter Schiff (@PeterSchiff) December 1, 2025

Other market voices urged caution, saying the move changes how investors should value the company — from a pure Bitcoin treasury play to an entity with ongoing cash obligations.

According to reports, Strategy also cut its 2025 profit and Bitcoin-linked yield targets after recent price moves, a sign that management is dealing with a less bullish near-term outlook than it expected earlier this year.

The reserve is meant to prevent forced sales of Bitcoin to meet fixed payouts, but holding cash has its own costs and raises governance questions among long-time backers.

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Schiff’s Issue With Saylor

Schiff’s blistering attack — calling Saylor a fraud and declaring him done — adds a sharp political edge to what had been framed as a financial maneuver.

His claims amplify worries among some investors about Strategy’s governance and capital plan, even as others dismiss the remarks as partisan rhetoric.

Ultimately, whether Schiff’s accusations stick will depend less on social-media barbs than on Strategy’s next moves around debt, disclosure and any future coin sales — actions that will tell investors whether Saylor’s stewardship can weather this storm.

Featured image from Unsplash, chart from TradingView

Bitcoin (BTC) is now 195 days into its latest sideways movement, which is part of a broader two-year stretch marked by sluggish price action and short-lived rallies. According to a crypto analyst, just 36 days of meaningful gains have defined this cycle, while the rest have been a relentless grind. Still, despite the clear market fatigue and repeated new lows, the analyst insists that the cycle isn’t over yet. 

Bitcoin Cycle Sees Only 36 Days Of Real Gains

The current Bitcoin market cycle is being closely examined, as a new analysis by expert analyst Crypto Con delves deep into the cryptocurrency’s past movements, revealing two full years of sideways price action with only brief periods of upward momentum. The analyst’s chart, titled “Cycle 4 Ranges and Expansions,” highlights a pattern of prolonged range-bound activity interrupted by short bursts of expansion.

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As of now, Crypto Con notes that Bitcoin has been consolidating for 195 consecutive days since December 18, 2024, without setting a new local high. The chart analysis shows that the total time spent in actual upward expansion in the entire cycle is just 5.76 months. Even more interesting is the fact that when isolating the days in which Bitcoin recorded new local highs, the number shrinks to just 36 days. 

According to the market expert, these expansion bursts are responsible for all of Bitcoin’s significant price increases during its current cycle. Every expansion phase has also occurred within extremely narrow windows—typically just two to five days long. The rest of the cycle after this has been characterized by a consistent sluggish grind and long stretches of price consolidation, where momentum fades and the market struggles to advance. 

Flattened Price Action Hides Cycles’ Underlying Strength

A closer look at the bottom section of Crypto Con’s chart, which removes the expansion bursts, shows how Bitcoin’s price has essentially remained flat or trended lower throughout the cycle. Major sideways phases in 2023 and 2024 lasted 192 days and 238 days, respectively, offering minimum sustained upside. The current 2025 range has now extended close to 200 days, continuing the trend of market inactivity. 

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Despite the drawn-out stagnation, Crypto Con maintains that this cycle is not over yet. He implies that Bitcoin’s prolonged accumulation and consolidation could be building pressure for a significant breakout. The chart also shows Bitcoin’s next potential upside target between $165,000 and $180,000. Currently the leading cryptocurrency is trading at $106,990, meaning a jump anywhere between these targets would represent price  increase of over 54%. 

If previous patterns hold, BTC’s next major move may arrive swiftly, as past expansions have delivered their impact in just a few trading sessions. Until that moment arrives, Bitcoin remains locked in what is shaping up to be the slowest and possibly the most patient-testing cycle to date.

Featured image from Pixabay, chart from Tradingview.com

The Bitcoin Halving event, a significant milestone in the crypto world, concluded on Friday, April 19. Moreover, now the BTC mining rewards have been reduced from 6.25 BTC to 3.125 BTC. This event garnered widespread attention from various industry figures, each offering their unique perspectives and reactions.

Top 5 Celeb Reactions To Bitcoin Halving

1. Hunter Horsley, CEO of Bitwise:

Hunter Horsley expressed gratitude towards the developers and miners who maintain and secure the Bitcoin network. In addition, He highlighted the $11 million net inflows into Bitwise Bitcoin ETF (BITB) during the week of the Halving. This showcases investor interest in the cryptocurrency. Moreover, Horsley emphasized his appreciation for the community of thinkers and builders contributing to Bitcoin’s journey.

2. Dan Held, Advisor at Trust Machine:

Dan Held reflected on his experiences during previous halving events and noted the increasing mainstream awareness of Bitcoin. From being unaware in 2012 to witnessing parties and lockdowns during subsequent Halvings, Held observed the evolution of Bitcoin’s recognition. Furthermore, he lauded BTC’s journey into the mainstream, with friends and family now acknowledging the significance of the Halving.

3. Peter Schiff, Renowned Economist:

Peter Schiff, known for his skepticism towards Bitcoin, sarcastically congratulated “Bitcoiners” on Halving. He questioned whether celebrations were in order and if they hosted any parties as he wasn’t invited to any. Furthermore, he noted that BTC holders would soon experience a ‘Halving’ of their net worth. Schiff’s comments reflected his ongoing critique of Bitcoin as an investment and store of value.

Also Read: Bitgert Coin’s Price Projections After Bitcoin Halving: What’s in Store?

4. Alessandro Ottaviani, Owner of Store of Bitcoin Podcast:

Alessandro Ottaviani celebrated the halving as a monumental occasion for Bitcoin. He highlighted Bitcoin’s increasing scarcity, positioning it as the hardest form of money in the world. In addition, Ottaviani emphasized the importance of scarce assets in storing value and advancing civilization.

He wrote, “With this halving, the supply of #Bitcoin per year will increase 0.85% per year, making Bitcoin the hardest form of money in the world.” Additionally, he spotlighted that Bitcoin is now scarcer than gold.

Ottaviani also shared bold predictions for Bitcoin’s future. This includes a price above $1 million and increased institutional adoption. In addition, he underscored that bears will not dominate the market as he expects a maximum 30% retracement in the Bitcoin price.

5. Caitlin Long, CEO and Founder of Custodia Bank:

Caitlin Long highlighted the historic scarcity of Bitcoin, emphasizing its significance in monetary history. In addition, she celebrated the Halving event as a unique moment, emphasizing the scarcity of Bitcoin compared to traditional forms of money.

She wrote, “NEVER IN HUMAN HISTORY has a good that people use as money been this scarce. Happy #bitcoin halving, peeps!” Long’s remarks underscored the growing recognition of Bitcoin’s role as a scarce and valuable asset.

Also Read: Ordinals Developer Releases Guide As Runes Go Live With Bitcoin Halving

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