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SUIUSDT shows signs of strength, but momentum may be fading.
The latest daily technical analysis reveals that $SUI is trading above both the 9 and 20-day EMAs, signaling short-term bullish control. However, a weakening MACD histogram suggests that buying momentum is losing steam as the price nears the key $3.45 resistance level.
The RSI remains in a healthy range, leaving room for further upside without triggering overbought conditions. Still, traders should be cautious—failure to break resistance could lead to a pullback toward $3.19 or lower.
Read the full analysis: www.ecoinimist.com/2025/05/07/sui-crypto-bulls-eye-3-45-momentum
#SUI #CryptoMarkets #AltcoinAnalysis #Ecoinimist
The latest daily technical analysis reveals that $SUI is trading above both the 9 and 20-day EMAs, signaling short-term bullish control. However, a weakening MACD histogram suggests that buying momentum is losing steam as the price nears the key $3.45 resistance level.
The RSI remains in a healthy range, leaving room for further upside without triggering overbought conditions. Still, traders should be cautious—failure to break resistance could lead to a pullback toward $3.19 or lower.
Read the full analysis: www.ecoinimist.com/2025/05/07/sui-crypto-bulls-eye-3-45-momentum
#SUI #CryptoMarkets #AltcoinAnalysis #Ecoinimist
#ecoinimist
#Coinbase has revealed that the Federal Deposit Insurance Corporation (#FDIC ) has been advising U.S. banks to avoid crypto-related services, highlighting over 20 instances of this guidance.
This comes as the FDIC expresses concerns about the risks cryptocurrencies pose to financial stability, such as fraud and volatility. While some view these regulatory actions as a hindrance to innovation, others believe they could enhance security and market stability.
The situation underscores the evolving regulatory landscape for digital assets and the need for stakeholders to stay informed as the industry navigates these challenges.
#Coinbase has revealed that the Federal Deposit Insurance Corporation (#FDIC ) has been advising U.S. banks to avoid crypto-related services, highlighting over 20 instances of this guidance.
This comes as the FDIC expresses concerns about the risks cryptocurrencies pose to financial stability, such as fraud and volatility. While some view these regulatory actions as a hindrance to innovation, others believe they could enhance security and market stability.
The situation underscores the evolving regulatory landscape for digital assets and the need for stakeholders to stay informed as the industry navigates these challenges.
The #Bitcoin Hashrate Just Hit 1 ZH/s — Here’s Why It’s a Huge Deal
On April 4, 2025, Bitcoin achieved a groundbreaking milestone as its hashrate exceeded 1 zetahash per second (ZH/s) for the first time in history. This remarkable achievement highlights the explosive growth in mining power over the past decade and underscores the ongoing investment in Bitcoin's decentralized and secure infrastructure.
The hashrate reached a peak of 1.1 ZH/s, marking a significant leap from previous levels and enhancing the network's security against potential attacks. This surge reflects the increasing global participation of miners and the growing adoption of Bitcoin.
As the Bitcoin network continues to evolve, this milestone signifies a new era of computational strength and reinforces Bitcoin's position as a leader in the cryptocurrency space. #Ecoinimist #CryptoMining #decentralization #Web3 $BTC
Read more: www.ecoinimist.com/2025/04/07/bitcoin-hashrate-shatters-records/
On April 4, 2025, Bitcoin achieved a groundbreaking milestone as its hashrate exceeded 1 zetahash per second (ZH/s) for the first time in history. This remarkable achievement highlights the explosive growth in mining power over the past decade and underscores the ongoing investment in Bitcoin's decentralized and secure infrastructure.
The hashrate reached a peak of 1.1 ZH/s, marking a significant leap from previous levels and enhancing the network's security against potential attacks. This surge reflects the increasing global participation of miners and the growing adoption of Bitcoin.
As the Bitcoin network continues to evolve, this milestone signifies a new era of computational strength and reinforces Bitcoin's position as a leader in the cryptocurrency space. #Ecoinimist #CryptoMining #decentralization #Web3 $BTC
Read more: www.ecoinimist.com/2025/04/07/bitcoin-hashrate-shatters-records/
Market Turmoil: A Stark Contrast Between Stocks and #Crypto
On April 4, the US stock market faced an unprecedented loss of $3.25 trillion, surpassing the total value of the entire cryptocurrency market. This dramatic sell-off was largely driven by investor concerns regarding President Donald Trump’s newly announced tariff policies, which many fear could lead the economy toward a recession.
At the time, the total crypto market capitalization was approximately $2.68 trillion, indicating that the stock market's losses were around $570 billion greater than the entire crypto sector's value. This situation has reignited discussions about the resilience of digital assets like Bitcoin during traditional financial crises.
The tech-heavy Nasdaq 100 was particularly hard hit, plunging 6% in a single day and officially entering bear market territory. This marked the index's steepest single-day drop since the COVID-19 crash in March 2020. Among the “Magnificent Seven” stocks, Tesla saw the largest decline at 10.42%, followed by Nvidia at 7.36% and Apple at 7.29%.
The Kobeissi Letter reported that US equities have lost a staggering $11 trillion since February 19, with recession odds now exceeding 60% due to Trump’s significant tariff measures. These tariffs impose a baseline 10% on all imports and introduce reciprocal tariffs against trading partners with high duties on US exports.
In contrast, Bitcoin has shown remarkable stability amidst the chaos, reinforcing its reputation as a potential hedge against macroeconomic shocks. Crypto trader Plan Markus noted that while the stock market is struggling, Bitcoin is maintaining its ground. This sentiment has been echoed by former skeptics, highlighting Bitcoin's resilience during these turbulent times.
The divergence between traditional equities and digital assets is prompting broader discussions about the role of decentralized finance in an increasingly protectionist and unstable economic landscape.
#CryptoTariffDrop #TrumpTariffs #Ecoinimist $BTC
On April 4, the US stock market faced an unprecedented loss of $3.25 trillion, surpassing the total value of the entire cryptocurrency market. This dramatic sell-off was largely driven by investor concerns regarding President Donald Trump’s newly announced tariff policies, which many fear could lead the economy toward a recession.
At the time, the total crypto market capitalization was approximately $2.68 trillion, indicating that the stock market's losses were around $570 billion greater than the entire crypto sector's value. This situation has reignited discussions about the resilience of digital assets like Bitcoin during traditional financial crises.
The tech-heavy Nasdaq 100 was particularly hard hit, plunging 6% in a single day and officially entering bear market territory. This marked the index's steepest single-day drop since the COVID-19 crash in March 2020. Among the “Magnificent Seven” stocks, Tesla saw the largest decline at 10.42%, followed by Nvidia at 7.36% and Apple at 7.29%.
The Kobeissi Letter reported that US equities have lost a staggering $11 trillion since February 19, with recession odds now exceeding 60% due to Trump’s significant tariff measures. These tariffs impose a baseline 10% on all imports and introduce reciprocal tariffs against trading partners with high duties on US exports.
In contrast, Bitcoin has shown remarkable stability amidst the chaos, reinforcing its reputation as a potential hedge against macroeconomic shocks. Crypto trader Plan Markus noted that while the stock market is struggling, Bitcoin is maintaining its ground. This sentiment has been echoed by former skeptics, highlighting Bitcoin's resilience during these turbulent times.
The divergence between traditional equities and digital assets is prompting broader discussions about the role of decentralized finance in an increasingly protectionist and unstable economic landscape.
#CryptoTariffDrop #TrumpTariffs #Ecoinimist $BTC
From Surge to Stall: EOS, BTC, and TRUMP Crypto Face Technical Inflection Points
The crypto market is entering a reflective phase as three notable assets—EOS, Bitcoin (BTC), and the TRUMP token—present contrasting signals on the daily chart. EOS, after a strong run, appears to be pausing beneath resistance.
Bitcoin, while stable, lacks clear directional conviction, and the TRUMP token continues to wrestle with bearish momentum.
With traders watching key support and resistance zones, the coming sessions could bring critical developments. Here's a deep dive into the technical setups and what they could mean for the next wave of market action.
EOSUSDT Daily Technical Analysis
$EOS recently experienced a notable surge but appears to be entering a phase of consolidation. After topping out near local highs, recent price action reflects hesitation among bulls. Momentum indicators are softening, even as EOS trades just under a key resistance zone.
Daily chart for EOS/USDT (Source: TradingView)
Despite the rally, EOS is now facing stiff resistance around the $0.784 to $0.806 range. Attempts to break through this ceiling have so far been rejected, hinting at weakening bullish pressure. At the same time, the support zone between $0.7736 and $0.7638 is holding up, preventing a sharp breakdown. These levels create a tight range in which EOS is likely to fluctuate in the near term.
The Relative Strength Index (RSI), which had previously indicated an overbought market, is now cooling down, signaling a potential shift in momentum. Meanwhile, the MACD is still in bullish territory but the histogram suggests waning strength. This implies that while bulls are not out of the game, they are losing some of their edge.
For traders, this could be a time to exercise caution. Long positions might be considered on a confirmed breakout above $0.806 with strong volume, while short entries could be evaluated if EOS loses the $0.7638 support with momentum behind the move. Until then, range-bound strategies may be most effective.
BTCUSDT Daily Technical Analysis
$BTC is currently navigating a period of indecision. The price action suggests a neutral stance among market participants, as BTC fluctuates within a tightening range just below critical resistance.
Daily chart for BTC/USDT (Source: TradingView)
Currently, the $86,845 and $87,498 zones act as immediate ceilings, where bullish momentum has repeatedly faded. A decisive break above these levels could reopen the path toward $94,270. On the downside, BTC remains protected by layered support near $82,389, with deeper cushions lying at $78,595 and even $67,850 if broader weakness sets in.
The MACD is showing early signs of bullish crossover potential, though the momentum remains tepid. The histogram is inching upward, indicating a slow recovery in buyer confidence. RSI is hovering in neutral territory, pointing to a market that lacks strong conviction in either direction.
For long trades, a confirmed breakout above $87,498 with increasing volume could justify re-entry. Conversely, if Bitcoin breaches $82,389 with increased selling pressure, short positions targeting deeper supports may come into play. Until either side asserts dominance, traders might prefer to wait for clearer signals before taking aggressive positions.
TRUMPUSDT Daily Technical Analysis
The $TRUMP token continues to retreat after its recent hype-driven rally, and technical indicators suggest that bearish momentum remains firmly in control. Although the pace of the decline is slowing, bulls have yet to show signs of a strong comeback.
Daily chart for TRUMP/USDT (Source: TradingView)
The token is currently trading well below its resistance levels at $11.89 and $12.18, with the major psychological barrier still looming near $16.96. This gap suggests that any upside movement will need substantial volume and sentiment to regain lost ground. On the other hand, the absence of significant support nearby makes the current price area vulnerable if selling resumes.
Momentum indicators remain weak. The MACD, while still bearish, is showing a gradually narrowing histogram. This signals that downside momentum is decreasing, although no clear bullish reversal is confirmed yet. RSI continues to linger in oversold territory, indicating potential exhaustion on the sell-side — but this alone isn’t enough to trigger a reversal.
Traders eyeing long entries may want to wait for a break above $11.89 with strong confirmation. Conversely, further downside could be expected if current levels break decisively lower, especially without any improvement in volume or sentiment. For now, patience and risk management remain crucial.
#TRUMP #BTC #EOS #Ecoinimist
Bitcoin, while stable, lacks clear directional conviction, and the TRUMP token continues to wrestle with bearish momentum.
With traders watching key support and resistance zones, the coming sessions could bring critical developments. Here's a deep dive into the technical setups and what they could mean for the next wave of market action.
EOSUSDT Daily Technical Analysis
$EOS recently experienced a notable surge but appears to be entering a phase of consolidation. After topping out near local highs, recent price action reflects hesitation among bulls. Momentum indicators are softening, even as EOS trades just under a key resistance zone.
Daily chart for EOS/USDT (Source: TradingView)
Despite the rally, EOS is now facing stiff resistance around the $0.784 to $0.806 range. Attempts to break through this ceiling have so far been rejected, hinting at weakening bullish pressure. At the same time, the support zone between $0.7736 and $0.7638 is holding up, preventing a sharp breakdown. These levels create a tight range in which EOS is likely to fluctuate in the near term.
The Relative Strength Index (RSI), which had previously indicated an overbought market, is now cooling down, signaling a potential shift in momentum. Meanwhile, the MACD is still in bullish territory but the histogram suggests waning strength. This implies that while bulls are not out of the game, they are losing some of their edge.
For traders, this could be a time to exercise caution. Long positions might be considered on a confirmed breakout above $0.806 with strong volume, while short entries could be evaluated if EOS loses the $0.7638 support with momentum behind the move. Until then, range-bound strategies may be most effective.
BTCUSDT Daily Technical Analysis
$BTC is currently navigating a period of indecision. The price action suggests a neutral stance among market participants, as BTC fluctuates within a tightening range just below critical resistance.
Daily chart for BTC/USDT (Source: TradingView)
Currently, the $86,845 and $87,498 zones act as immediate ceilings, where bullish momentum has repeatedly faded. A decisive break above these levels could reopen the path toward $94,270. On the downside, BTC remains protected by layered support near $82,389, with deeper cushions lying at $78,595 and even $67,850 if broader weakness sets in.
The MACD is showing early signs of bullish crossover potential, though the momentum remains tepid. The histogram is inching upward, indicating a slow recovery in buyer confidence. RSI is hovering in neutral territory, pointing to a market that lacks strong conviction in either direction.
For long trades, a confirmed breakout above $87,498 with increasing volume could justify re-entry. Conversely, if Bitcoin breaches $82,389 with increased selling pressure, short positions targeting deeper supports may come into play. Until either side asserts dominance, traders might prefer to wait for clearer signals before taking aggressive positions.
TRUMPUSDT Daily Technical Analysis
The $TRUMP token continues to retreat after its recent hype-driven rally, and technical indicators suggest that bearish momentum remains firmly in control. Although the pace of the decline is slowing, bulls have yet to show signs of a strong comeback.
Daily chart for TRUMP/USDT (Source: TradingView)
The token is currently trading well below its resistance levels at $11.89 and $12.18, with the major psychological barrier still looming near $16.96. This gap suggests that any upside movement will need substantial volume and sentiment to regain lost ground. On the other hand, the absence of significant support nearby makes the current price area vulnerable if selling resumes.
Momentum indicators remain weak. The MACD, while still bearish, is showing a gradually narrowing histogram. This signals that downside momentum is decreasing, although no clear bullish reversal is confirmed yet. RSI continues to linger in oversold territory, indicating potential exhaustion on the sell-side — but this alone isn’t enough to trigger a reversal.
Traders eyeing long entries may want to wait for a break above $11.89 with strong confirmation. Conversely, further downside could be expected if current levels break decisively lower, especially without any improvement in volume or sentiment. For now, patience and risk management remain crucial.
#TRUMP #BTC #EOS #Ecoinimist
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