$ETH has experienced a strong upward movement from around $1,385 to $1,834, suggesting a bullish breakout.
Currently, the price is consolidating in a sideways range after reaching the local high, which might indicate a pause before the next move.
2. Support and Resistance Levels:
Immediate resistance: ~$1,834.60 (recent high)
Immediate support: ~$1,659.43 (previous range high)
Next key support: ~$1,560.48
Consolidation is occurring between ~$1,659 and ~$1,834
3. RSI (Relative Strength Index):
RSI (6): 61.59
Indicates slightly bullish momentum but not overboughtāsuggesting room for further upside.
If RSI rises above 70, a correction or pullback might be expected.
4. Trend & Sentiment:
The trend has turned bullish in the short term with strong momentum.
Market sentiment appears positive as long as ETH holds above the $1,660-$1,700 support zone.
Conclusion: ETH/USDT shows a bullish structure on the 4H timeframe, with healthy consolidation after a strong upward move. Watch for a breakout above $1,834 for further upside potential, while maintaining caution if price drops below $1,659, which could trigger a retracement toward lower support zones.
The price has shown a significant bounce from the recent bottom at $74,508.00, rallying strongly to the current level of $93,571.42.
The current candle is forming just below the resistance zone near $95,906.80, which could act as a short-term barrier.
The recent sharp move upwards indicates strong bullish momentum.
Key Levels:
Resistance: $95,906.80 and $103,624.40
Support: $88,189.20 and $80,471.60
Recent Low: $74,508.00
All-Time High on Chart: $109,588.00
RSI (Relative Strength Index):
RSI(6) is at 82.07, which is deep in the overbought zone (>70).
This suggests that the asset might be overextended in the short term and could be due for a pullback or consolidation.
Volume:
24h volume is high at 20,816.55 BTC, showing strong market interest and participation in this upward move.
Summary:
Bullish Momentum: The price has broken out strongly from the previous range and is testing key resistance levels.
Caution Due to RSI: Overbought conditions signal potential for a short-term correction or sideways movement.
Watch Closely: A break above $95,906.80 with strong volume could push BTC toward the next resistance at $103,624.40, while failure to break might lead to a pullback to $88,189.20 or lower.
As of April 25, market data from HTX shows that SUI briefly broke above the $3.6 mark before settling around $3.563. The token has recorded a strong 24-hour gain of 15.02%, signaling a notable short-term breakout.
Smart Money Moves to $BTC as Dollar and Bonds Lose Appeal, Analyst Eyes $94K Resistance
April 25 ā As market sentiment shifts amid renewed trade protectionist measures introduced by former President Trump, traditional safe-haven assets like the U.S. dollar and Treasury bonds are beginning to lose their edge. Investors are now turning to alternatives such as gold and cryptocurrencies, driving fresh capital inflows into both.
Gold prices have surged to an all-time high of $3,500 per ounce, while Bitcoin has gained significant momentumāup 13% since the start of Aprilābuoyed by consistent inflows into spot Bitcoin ETFs.
A Bitunix analyst noted that while gold remains a classic safe-haven asset, its current high price may limit further upside. In contrast, crypto assets, particularly Bitcoin, could continue to attract capital amid portfolio reallocations.
From a technical perspective, Bitcoin is currently approaching a key resistance level at $94,000. A failure to break through could see the asset retesting support around $88,500. Investors are advised to remain attentive to macroeconomic shifts, diversify wisely, and strengthen their risk management strategies in light of growing market volatility.
ARK Invest Projects $BTC Could Soar to $2.4 Million by 2030 in Most Bullish Scenario
ARK Invest has significantly raised its long-term price projection for $BTC , suggesting the leading cryptocurrency could hit as high as $2.4 million by 2030 under its most optimistic outlook. This marks a notable jump from its earlier forecast of $1.5 million.
The revised estimate was published in ARKās latest Bitcoin Monthly Report, where the investment firm outlined three potential trajectories for Bitcoinās price: a bear case of $250,000, a base case of $680,000, and the aforementioned bull case.
ARK attributes the upward revision to several evolving dynamics in the crypto space, including a growing pace of institutional and sovereign adoption, as well as improvements in the Bitcoin networkās ability to handle transaction settlements. These factors have led to adjustments in ARKās modeling assumptions, reflecting a more aggressive stance on Bitcoinās future potential.
The asset has recently experienced a strong bullish move with a notable breakout.
2. Trend Analysis: The recent price action shows a clear bullish breakout from a consolidation phase. After bottoming out at around $1.7174, SUI/USDT has shown strong upward momentum, forming consecutive green candlesticks.
3. Resistance & Support Levels:
Immediate Resistance: Around $3.82 and possibly $4.25 (previous highs)
Support Zone: Around $2.70 and then $2.15
4. RSI (Relative Strength Index):
Current RSI: 93.0759 This is extremely high and indicates overbought conditions. Historically, when RSI goes above 70, it suggests the asset might be overvalued and due for a pullback or correction. An RSI above 90 is rare and typically not sustainable long-term.
5. Volume:
24h Volume ($SUI ): 180.47M
24h Volume (USDT): 586.84M High volume supports the strength of this upward move, confirming strong buying interest.
Summary: The SUI/USDT pair is currently experiencing a powerful bullish rally, breaking out of a prolonged downtrend/consolidation. However, the extremely high RSI signals that the asset may be due for a short-term correction or consolidation. Caution is advised for new entries at this level, but momentum traders might ride the wave cautiously with tight stop-losses.
Fresh Wallet Snags VIP Status After Withdrawing $1.63M in $TRUMP from OKX
On April 25, blockchain tracking platform Onchain Lens spotted a newly created crypto wallet making waves with a major transaction. The wallet withdrew 134,526 TRUMP tokensāworth approximately $1.63 millionāfrom the exchange OKX. With this sizable move, the address now qualifies as one of the top 25 holders, earning a coveted VIP seat at the exclusive $TRUMP Banquet.
$BTC Price Move Toward $95K Could Trigger $9.08B in Short Liquidations
According to Coinglass data reported on April 25th, if Bitcoin surges past the $95,000 mark, cumulative short liquidations across major centralized exchanges could hit $9.08 billion. On the flip side, a drop below $92,000 could trigger approximately $9.01 billion in long liquidations.
It's important to note that the liquidation chart reflects intensity rather than precise contract numbers or values. The chart visualizes the relative concentration of liquidation levels ā with taller bars indicating areas where price movement is likely to cause greater market impact due to dense liquidation clusters.
As of April 25th, blockchain tracking platform The Data Nerd detected a significant transfer involving Alameda Research. Roughly six hours ago, the firm moved 1,000 $BTC to a newly created wallet address. The reason behind the transfer remains unclear, sparking fresh speculation about potential strategic moves or internal restructuring.
Whale Reenters $MKR Market with $1.5M Purchase After Prior Loss
On April 25th, blockchain analytics platform Onchain Lens reported that a crypto whale made a notable move by acquiring 995 $MKR tokens for approximately $1.5 million, averaging $1,508 per token. This marks the whaleās return to the MKR market nearly two months after its last activity, during which it reportedly incurred a $138,000 loss. The latest purchase suggests renewed confidence in MKR, despite the previous setback.
Binance Futures to Debut MEME and FIS Perpetual Contracts Today
April 25, 2025 ā Binance Futures has announced the upcoming launch of two new perpetual trading pairs: MEME/USDT and FIS/USDT. These contracts are scheduled to go live today, offering high-leverage opportunities for traders.
The MEME/USDT perpetual contract will open for trading at 15:15 (UTC+8), supporting leverage of up to 50x. Just 15 minutes later, at 15:30 (UTC+8), the FIS/USDT perpetual contract will launch, offering leverage of up to 75x.
MemeFi, the project behind $MEME , started as a basic click-to-earn game within Telegram and has since grown into a robust ecosystem incorporating interactive gaming features. Meanwhile, StaFi ($FIS ) is known as the first DeFi protocol designed to bring liquidity to staked assets, allowing users to earn rewards without locking up their capital.
These additions reflect Binance Futuresā continued efforts to expand its product offerings and support innovative projects in the crypto space.
$ETH Eyes Major Upgrade: Gas Limit Could Quadruple in Fusaka Hard Fork
On April 25th, the $ETH development community lit up with discussion around a bold new proposal. Core developers are considering raising the network's Gas limit to 150 millionāfour times the current capāthrough an upcoming hard fork named Fusaka.
Outlined in Ethereum Improvement Proposal (EIP) 9678, the move is aimed at significantly expanding the execution capacity of Ethereumās Layer 1. If implemented, it could allow blocks to carry a much higher number of transactions, reducing congestion and paving the way for more advanced on-chain applications.
Proponents see this as a major step toward improving scalability without relying solely on Layer 2 solutions. Still, the proposal has sparked debate: while it could boost performance, it also raises concerns about centralization risks and increased hardware demands for node operators.
Fusaka remains in the proposal stage for now, but the conversation signals Ethereumās continued push to evolve and maintain its edge as a leading smart contract platform.
#dinnerwithtrump Former President Donald $TRUMP has announced an exclusive dinner event scheduled for May 22, 2025, at the Trump National Golf Club in Washington, D.C. The event is intended for the top 220 holders of the $TRUMP meme cryptocurrency.
Following the announcement, the value of the $TRUMP token surged over 50% in a single day. The event will feature a private reception and a VIP tour of the White House for the top 25 token holders. Attendees must meet certain criteria, including identity verification and background checks.
The move has drawn criticism from some who argue Trump is using his influence for personal gain through digital assets. However, his team has clarified that the event is private and not connected to political fundraising.
On April 24, 2025, the $INIT token saw an explosive rally against USDT, skyrocketing by +205% within 24 hours and trading at $0.6100 at the time of the screenshot. The price peaked at $0.7100, with a low of $0.2000, reflecting extreme volatility and significant trading activity.
According to data from Binance, trading volume for INIT reached 236.49 million, while USDT volume for this pair was 153.19 million, signaling intense market participationāpossibly triggered by strong market sentiment or impactful news related to INIT.
Chart Analysis (30-Minute Interval)
Initial Spike: The first large green candlestick shows a massive price surge from $0.2000 to $0.7100, indicating strong buying pressureālikely from accumulation or major news driving demand.
Correction and Sideways Movement: Following the spike, the price began to correct and consolidate around the $0.60 ā $0.62 range, as shown by smaller red candles, signaling selling pressure after the sharp rally.
RSI (Relative Strength Index): The RSI is recorded at 19.38, which indicates an oversold condition. This suggests selling may be overextended and a potential short-term rebound could be in play. However, the volatility remains high.
MACD: While full MACD data isnāt shown, the early upward slope hints that bullish momentum may be forming again following the consolidation.
Conclusion
INIT has delivered an impressive breakout, gaining over 200% in a short timeframe. While such explosive growth can be attractive, it also introduces high risk. The low RSI suggests a potential bounce, but traders should proceed with caution and monitor key support around $0.60 and resistance near $0.71.
Cumberland Moves Over 2,200 $BTC to Coinbase Amid Market Activity
Cumberland, a prominent crypto trading firm, has transferred a total of 2,261 BTC to Coinbase within a short span on April 24th, according to data tracked by The Data Nerd.
Roughly two hours ago, the firm executed a significant transaction, sending 2,088 BTCāvalued at approximately $193.36 million at the timeāto the exchange. This was followed by an additional transfer of 173 BTC, worth around $16.05 million, just 20 minutes ago.
The large-scale movement of Bitcoin to Coinbase has sparked speculation about potential market implications, particularly in the context of liquidity and potential sell-off strategies.
$SUI Debuts Digital Mastercard for Crypto Payments Across Europe
In a significant move toward mainstream crypto adoption, Sui has unveiled a new digital Mastercard tailored for European users. The initiative, launched in partnership with fintech provider xMoney and crypto superapp xPortal, enables seamless spending of SUI tokens in everyday transactions.
Announced on April 24th, the digital card is now available and can be integrated with Apple Pay and Google Pay, allowing users to make crypto payments with ease. xPortal, which boasts a user base of 2.5 million, now fully supports Sui within its wallet ecosystemāoffering features like buying, selling, exchanging, staking, and making payments with SUI.
xMoney, on the other hand, brings the regulatory framework and compliant payment infrastructure necessary to support the projectās growth in a highly regulated financial landscape.
Looking ahead, Sui has plans to introduce a physical version of the card and expand its services to the United States, signaling broader ambitions for global adoption.
A whale who has held $FARTCOIN for 5 months has started to take profits and sold 955,000 FARTCOIN a few hours ago.
According to monitoring by Lookonchain, a whale address began to take profits after holding FARTCOIN for 5 months. Five months ago, he spent 895,151 USDC to buy 4.36 million FARTCOIN at an average price of $0.205 (which was valued at $10.8 million at its peak). A few hours ago, he sold 955,589 FARTCOIN (worth $1 million) at a price of $1.05, and he currently still holds 3.4 million FARTCOIN.
The current price of $SYN is $0.2601, showing a significant +19.75% increase in the past 24 hours.
2. Price Movement:
24h High: $0.3121
24h Low: $0.1995
The price recently experienced a strong bullish breakout, moving from around $0.20 to a peak of $0.3121, followed by a correction back to the $0.26 level.
3. Volume:
24h Volume (SYN): 78.73M
24h Volume (USDT): 20.58M
This indicates strong trading activity, which often supports significant price movement.
4. Candlestick Patterns:
A massive green candle indicates a breakout or news-driven pump.
Followed by several volatile candles showing high buying and selling pressure.
The latest red candles suggest short-term profit-taking or resistance at higher levels.
5. RSI (Relative Strength Index):
RSI(6): 52.84
The RSI has dropped from overbought levels and is now in a neutral zone, indicating the price is no longer overextended and could consolidate or prepare for the next move.
6. Support & Resistance:
Support: Around $0.2348 and $0.2069 (previous consolidation and breakout levels).
Resistance: Immediate resistance at $0.2906ā$0.3121 zone.
Conclusion: The SYN/USDT chart shows a strong bullish move followed by a pullback. The RSI is stabilizing, and volume remains high. Traders should watch for either consolidation or another push toward the resistance zone. A break above $0.3121 could signal further upside, while a drop below $0.2348 might indicate a deeper correction.
The current price is $0.2728, showing a +11.21% increase in the last 24 hours.
The 24h high was $0.2790, and the 24h low was $0.2409.
There's a noticeable uptrend after the price bottomed at $0.1635 around April 17, 2025.
The highest recent peak was $0.3534, followed by a correction.
2. Trend Analysis:
After a period of consolidation and sideways movement, the price began climbing steadily, indicating bullish momentum.
A strong bullish breakout occurred, followed by a pullback and another attempt to move higher.
3. RSI Indicator (Relative Strength Index):
The RSI(6) is at 76.05, which is considered overbought territory (>70).
This suggests that the asset may be overvalued in the short term, and a potential pullback or price correction could happen.
4. Volume:
The volume has increased significantly during the bullish breakout, confirming strong buying interest.
Conclusion: The PERP/USDT pair is currently in a bullish trend with strong momentum. However, since the RSI is in overbought territory, caution is advised. A short-term correction may occur before any further upward movement. Traders should monitor key support levels (around $0.24 and $0.22) and resistance at $0.28 and $0.35.