🔺ETH Resistance at $3,877–$3,987, Support at $3,434
* Glassnode analytics, shared by Ali Martinez, pinpoint that many ETH holders bought in at ~$3.9K a potential sell zone.
* A decline toward $3,434 could attract new buying interest and stabilize price action.
🔺WBTC whale sell-off: Watch for short-term pressure in WBTC pairs if realized.
🔺 💼 StablecoinX Raises $360M for Ethena Treasury Buy
* New entrant StablecoinX secures $360 million to acquire Ethena (ENA) tokens.
* Aims to bring Ethena to public markets, opening Web3 treasury investment to mainstream investors.
🔺NFT momentum: Micro-narratives like Fat Penguins reflect rebounding digital collectibility interest.
🔺BTC macro view: Saylor’s scarcity warning underlines strong case for long-term Bitcoin holding.
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