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"Whale Sell-Off Incoming as Ethereum Plunges to $1,500"

The Crypto Basic

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The price of #Ethereum under $1,800 warns of a potential correction to $1,500, while optimistic traders hope for a double bottom reversal. 

Read more on: https://thecryptobasic.com/2025/03/31/ethereum-eyes-1500-as-229m-in-whale-liquidations-loom/
#Crypto 

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"Bitcoin Reset Coming? Key BTC Metrics Hint at a Major Market Shift!"

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Michael Saylor has suggested that #Bitcoin would have reached seven to eight figures before mainstream professional advisors start to embrace the asset. Bitcoin’s adoption is expanding at an astronomical rate globally. The pioneering cryptocurrency has transcended its earlier status as a bubble to inclusion in reserve assets of prominent institutions and is now scaling towards national adoption. Its price has also increased in tandem with this traction, with Bitcoin surging from its low of around $19,000 following 2022 market crash to an all-time high of $109,000. While these statistics look impressive, a recent analysis has highlighted that Bitcoin still has more ground to cover, especially among top-tier wealth managers. Over $31T in Wealth Still Locked Away from Bitcoin Crypto investment firm Tephra Digital shared interesting statistics on exposure to Bitcoin among top US wealth managers. The research tracked the disposition of professional financial advisors toward Bitcoin spot exchange-traded funds, which were launched over a year ago. While the investment vehicles experienced astronomical traction in their first full year, with the BlackRock Bitcoin ETF becoming the most successful ETF launch in history, a considerable number of top-tier wealth managers still either restrict or entirely prohibit clients from buying Bitcoin. Specifically, over $31 trillion in wealth is still inaccessible to Bitcoin in the United States. Meanwhile, the data, which Tephra drew from direct conversation with financial advisors, highlighted that inflows worth a staggering $10.32 trillion are locked away due to exposure prohibitions. Notable wealth managers in this category include Vanguard, Edward Jones, and Citibank. The Bitcoin ETFs would have had access to nearly $21 trillion in wealth had some prominent firms not placed an embargo on exposure to product. For perspective, while financial advisors like Morgan Stanley, JP Morgan, and Goldman Sachs have allowed exposure to Bitcoin ETFs, they have restricted exposure by requiring clients to meet specific criteria. #Crypto

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"Dogecoin's Massive Rally Ahead: Analyst Predicts $0.80 Surge After Major Pullback!"

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#Solana faces a crucial test at the $145 support level, while a bullish weekly chart fuels hopes for a breakout beyond $300. Solana is struggling to stay above the $130 psychological level as the broader market remains quiet. Following a bullish recovery, a sudden drop in buying momentum has led to consolidation. However, the gradual rise in bearish pressure raises concerns about a potential breakdown below the $145 level. Could this trigger a quick pullback to $137? Solana Price Analysis On the 4-hour chart, Solana’s recovery rally saw a bounce from the $95 low to a swing high at $157. However, the bulls’ struggle to sustain levels above the $150 psychological barrier has led to sideways movement. Currently, SOL is fluctuating between the lower boundary at $145 and the upper resistance at $155. It trades around $148, with a minor lower wick on the latest 4-hour candle indicating some buying interest. While this slight recovery hints at a potential bullish reversal, the 50 EMA on the 4-hour chart now serves as dynamic support. However, a recent breakdown of a local ascending trendline raises the risk of a steeper correction. Additionally, the consolidation zone between $145 and $155 has completed a bearish head-and-shoulders pattern, with the neckline aligning with the $145 support level. Optimistic Analyst Eyes Solana Breaking Out of a Cup and Handle Pattern Despite short-term bearish signals, crypto analyst Ali Martinez anticipates a major recovery for Solana on the weekly chart. According to him, SOL is forming a cup-and-handle pattern. The neckline of this formation is near the $300 level. Currently, Solana is progressing positively within the “handle” portion, approaching the overhead trendline. If a breakout occurs, Solana could see a strong bullish move, potentially reaching a new all-time high. SOL Price Targets Based on this analysis, as long as Solana holds above $145, bulls will likely aim for new higher highs. A breakout above $155 could set the stage for a rally toward $165 and then $180... #CryptoNews🚀🔥V

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#SUI rallies with a breakout above $3.50, fueled by 29% of Ethereum outflows. Could a golden cross push SUI to a new all-time high? As the total crypto market cap, excluding Bitcoin and Ethereum, recovers to $828.61 billion with a 7% surge this month, altcoins are gaining momentum. SUI is among the top-performing assets, recording a 58% increase in April. The SUI token has surged from an opening price of $2.26 to a current market price of $3.58. Now holding above the $3.50 resistance-turned-support level, bulls are aiming for a new all-time high. SUI Price Analysis On the daily chart, SUI shows a bullish reversal, marking the end of a recent pullback phase. The rally has led to a breakout from a falling wedge pattern. The uptrend broke through both the 200-day EMA and the 23.60% trend-based Fibonacci level at $3.30. However, after clearing this key resistance, momentum has slightly weakened. This is indicated by the formation of multiple doji candles on the daily chart. Still, with the broader bullish trend intact, the 50-day and 200-day EMAs are on track to form a golden cross—a historically bullish signal. Additionally, the daily RSI remains in overbought territory, reflecting strong upward momentum. SUI Receiving Ethereum Outflows Beyond price action, the SUI network itself is experiencing increased traction. According to a recent tweet by Torero Romero, data from Wormhole Scan shows a notable transition of Ethereum funds to the SUI network. Over the past 365 days, 29% of Ethereum outflows via the Wormhole Bridge have been directed to SUI. This growing adoption positions the SUI network as an emerging Ethereum alternative, potentially driving even greater demand for the token in the coming months. SUI Price Targets Based on current price action and network momentum, the SUI uptrend is likely to continue. According to trend-based Fibonacci levels, the rally could target the 61.80% level, near $8, signaling a potential new all-time high. On the downside, critical support lies below $3.30, with the 200-day EMA at $2.79 as the next key level. #CryptoNewsFlash

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