#BTCvsMarkets Bitcoin’s integration into the U.S. Strategic Bitcoin Reserve signals a seismic shift in global finance, pitting BTC directly against traditional markets. While equities remain tethered to interest rates and monetary policy, Bitcoin’s decentralized nature and growing institutional backing offer an alternative hedge. The threat of 100% tariffs on BRICS nations further fuels uncertainty, potentially weakening global fiat confidence and boosting crypto appeal. As geopolitical tensions rise and economic systems strain, Bitcoin's narrative as "digital gold" gains traction. However, volatility, regulatory risks, and market speculation still challenge its stability. $BTC $BNB $ETH #BTCvsMarkets #dinnerwithtrump #MarketRebound
Replace In March 2025, President Donald Trump established the Strategic Bitcoin Reserve through an executive order, aiming to position the U.S. as the "crypto capital of the world. This reserve includes government-held cryptocurrencies like $BTC Bitcoin, $ETH (Ethereum), $SOL Solana, Cardano (ADA), and Ripple (XRP), funded by assets seized by the Treasury Additionally, in December 2024, Trump threatened 100% tariffs on BRICS nations if they pursued a new currency to replace the U.S. dollar, potentially impacting international trade dynamics.
📊 380,000 $ETH Defends Key Support as Ethereum Dips: Details
According to on-chain analytics platform Glassnode, Ethereum, the second-largest cryptocurrency by market capitalization, appears to be range-bound between $1,548 and $1,599, where nearly 793,900 and 732,400 ETH are being held, respectively, indicating market indecision as bulls and bears battle for control.
Though this remains significant, what is catching further attention is a support zone forming around $1,461. According to Glassnode, support may be building at this key level, where a whopping 380,000 ETH have been accumulated.
Looking at Cost Basis Distribution, #Bitcoin has built notable support at $79K, with ~40K $BTC accumulated there. It has also worked through the $82.08K cluster (~51K $BTC). If this level holds, the next to test is $83.5K, with 48.5K $BTC positioned: — glassnode (@glassnode) April 11, 2025
This might act as a defense for ETH's price, potentially cushioning further downside in the near term, Glassnode noted.
This accumulation may serve as a buffer for ETH's price, providing a safety net if the price drops further. While the overall market remains cautious, such large holdings around critical price levels frequently suggest that investors might be positioning themselves for a potential rebound or, at the very least, expect near-term stability.
🔸 What's next for #ETH price?
This week, the Ethereum price has continued its zigzag trend. At press time, ETH was down 2.3% in the last 24 hours to $1,551, extending a drop that had seen it lose 13% in the previous week, despite most majors falling 2% on average during the same period.
A break in either direction from $1,548 and $1,599 would cause ETH to escape its current range trading. This would cause ETH to target $2,022 and $2,809, which correspond to the daily SMA 50 and 200, respectively.
In the event of a drop, if Ethereum maintains its foothold above the $1,461 level, it could provide a foundation for the next leg upward — assuming market sentiment improves.
$SUI SUI’s Acting Shady… Big M Forming or Just Faking Us Out? SUI's chart is throwing attitude right now—looking like a classic M pattern gearing up to break. But guess what? That 4th bar’s still hanging back, playing hard to get. Could be the start of a juicy dump… or just one of those fakeouts that wrecks the late crowd. This is that danger zone we love. No confirmation yet—but the setup? It’s tasty. You don’t wait for the textbook. You read the vibe. If that bar drops? We short it clean. If
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