1. Expansion of Data Feeds: Pyth Network continues to aggressively expand its coverage. Recent additions include data feeds for Real-World Assets (RWA), such as benchmark yields (e.g., US 10-Year Treasury Yield), and equities like MicroStrategy (MSTR). This positions PYTH as more than just a crypto oracle, broadening its use cases in traditional finance (TradFi). 2. Governance and Staking: The Pyth DAO is now fully active. PYTH token holders can stake their tokens to participate in network governance, voting on key proposals that dictate the future of the protocol, such as fee models and data feed expansions. A significant amount of the token supply is now locked in staking, reducing circulating supply. 3. Ecosystem Growth: The number of applications and blockchains using Pyth data has surpassed 350. This includes major DeFi protocols, lending markets, and perpetual exchanges across Solana, Sui, Aptos, EVM-compatible chains (like Ethereum, Base, Blast), and more. This growing "demand side" is crucial for the token's long-term value. 4. Pyth Entropy: The launch of Pyth Entropy provides a secure, on-chain randomness solution for applications like NFT minting, gaming, and lotteries. This creates a new utility and potential fee-generating mechanism for the network beyond price feeds.
Analysis: ETHFI has shown strong momentum with a sharp breakout from 1.22 support to 1.53 resistance. The price is trading above MA(7), MA(25), and MA(99), indicating strong bullish pressure. A short-term pullback towards 1.47–1.45 may happen, but as long as it holds, upside continuation looks likely.
📊 Analysis: ZEC is trading near its MA60 (47.74), showing short-term weakness after rejection from the 49 zone. If it sustains above 48, momentum may return toward 49–50. Breaking 50.5 could open the path to a stronger bullish breakout. For now, cautious bullish bias only above 48; below it, weakness may continue.
Entry Zone: 110,800 – 111,200 (buy near support or after confirmation bounce)
Target 1: 111,999 (short-term resistance)
Target 2: 112,729 (strong resistance zone)
Target 3: 113,293 (breakout level, if bulls push higher)
Stop Loss: 110,540 (below key support to limit downside risk)
Trend View:
🔻 Currently Bearish short-term (price trading below EMA(7) & EMA(25), and rejecting resistance). 📈 Possible bullish reversal only if BTC reclaims 112,000+ with volume
Recent candles: A sharp red drop just occurred, taking price down from ~1.318 to ~1.266 before bouncing slightly. This suggests strong selling pressure.
📊 Indicators (EMA)
EMA(7): 1.3037 (Yellow, short-term)
EMA(25): 1.3187 (Pink, medium-term)
EMA(99): 1.3535 (Purple, long-term)
➡ Price fell below all EMAs → bearish short-term momentum. ➡ EMA alignment: 7 < 25 < 99 → confirms a downtrend structure.
🔥 Trend & Momentum
Intraday (Today): +21.44% → still green on daily, despite the recent drop.
7 Days: +26.39% → overall bullish in the short swing.
90 Days: –26.56% → long-term still bearish.
Strong volatility + big intraday moves = speculative/whale-driven activity.
⚖️ Support & Resistance
Immediate support: 1.266 (just tested). If broken, next support could be ~1.24–1.25.
Short-term (5m view): Bearish after the sharp red candle, momentum weak.
Mid-term (1D/7D view): Still bullish trend intact, since price is up strongly in the last week.
Long-term (90D view): Overall bearish structure, suggesting rallies may face selling pressure.
✅ If you’re trading short-term: Watch 1.266 support. If it breaks, could slide lower. ✅ If you’re holding longer: As long as it stays above 1.03 (recent low), recovery chances remain.