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That's why new coins need to be shorted 🥸💸☝️

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$BTC Bitcoin holds above $100,000 while ether rockets to its best week since 2021 Cryptocurrencies extended their rally to end the week, with bitcoin holding steady above the $100,000 level while ether rallied to its best week since 2021. The price of bitcoin was higher by nearly 2% at $103,144.27 on Friday, according to Coin Metrics. Earlier, it rose as high as $104,324.65, its highest level since Jan. 31. For the week, bitcoin is up more than 6% and on pace for its fourth positive week in a row – and first four-week win streak since November. "This move above $100,000 should be viewed as more than mere euphoria, but rather as evidence of a flows-driven shift," said Gadi Chait, head of investment at bitcoin-native Xapo Bank. "Whales have been accumulating on-chain, ETF demand continues to set new records, and investors seek 'neutral' assets amid a tariff-shadowed macro environment. Meanwhile, the announcement of a U.S.–U.K. 'mini-deal' and hints of tariff relief with China have reduced overall risk aversion, lifting equities, oil, and, notably, Bitcoin."

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#CryptoComeback Ethereum Breaks $2,200 In Crypto Comeback The crypto market ignited on May 8, 2025, driven by a spectacular surge in Ethereum. In just a few hours, the asset jumped 22 % to surpass 2,200 dollars, triggering a strong reaction throughout the crypto ecosystem. This rapid surge highlights the market’s responsiveness and rekindles speculation around the world’s second-largest crypto. A 22 % Leap : The Making of a Historic Day The day of May 8 was marked by Ethereum’s meteoric rise. In 24 hours, the crypto experienced a 22 % surge, crossing the symbolic $2,200 mark. This sharp ETH surge comes during a bullish sequence started a few days earlier, when the asset broke a major resistance at $1,600 on April 22. Indeed, this technical threshold, long considered an unbreakable ceiling since mid-December 2024, was decisively breached upwards, marking a turning point in market dynamics. The behavior of technical indicators confirms this reversal: the Relative Strength Index (RSI), a key momentum barometer, rose from 56 to 66 in 24 hours, signaling a strong renewed buying appetite. This momentum is reinforced by several technical analysis elements identified in the preceding days : Breaking a 6-month downtrend, in place since December 2024 ; Significantly increased transaction volumes, with dominant green candles on daily charts ; Price targets identified between $2,000 and $2,250 as first friction zones ; A more ambitious projection : a “major bullish reversal” potentially reaching between $2,500 and $3,500 ; The next estimated technical resistance at $2,800, before targeting the psychological $3,000 threshold. This picture confirms that the ETH rebound goes beyond a simple volatility spike. It fits into a structured technical sequence, fueled by a series of converging signals. The challenge now, for buyers, will be to maintain this bullish pressure until crossing the next resistance zones, while absorbing possible short-term profit-taking.

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#CryptoComeback Ethereum Breaks $2,200 In Crypto Comeback The crypto market ignited on May 8, 2025, driven by a spectacular surge in Ethereum. In just a few hours, the asset jumped 22 % to surpass 2,200 dollars, triggering a strong reaction throughout the crypto ecosystem. This rapid surge highlights the market’s responsiveness and rekindles speculation around the world’s second-largest crypto. A 22 % Leap : The Making of a Historic Day The day of May 8 was marked by Ethereum’s meteoric rise. In 24 hours, the crypto experienced a 22 % surge, crossing the symbolic $2,200 mark. This sharp ETH surge comes during a bullish sequence started a few days earlier, when the asset broke a major resistance at $1,600 on April 22. Indeed, this technical threshold, long considered an unbreakable ceiling since mid-December 2024, was decisively breached upwards, marking a turning point in market dynamics. The behavior of technical indicators confirms this reversal: the Relative Strength Index (RSI), a key momentum barometer, rose from 56 to 66 in 24 hours, signaling a strong renewed buying appetite. This momentum is reinforced by several technical analysis elements identified in the preceding days : Breaking a 6-month downtrend, in place since December 2024 ; Significantly increased transaction volumes, with dominant green candles on daily charts ; Price targets identified between $2,000 and $2,250 as first friction zones ; A more ambitious projection : a “major bullish reversal” potentially reaching between $2,500 and $3,500 ; The next estimated technical resistance at $2,800, before targeting the psychological $3,000 threshold. This picture confirms that the ETH rebound goes beyond a simple volatility spike. It fits into a structured technical sequence, fueled by a series of converging signals. The challenge now, for buyers, will be to maintain this bullish pressure until crossing the next resistance zones, while absorbing possible short-term profit-taking.

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