Average Directional Index (ADX): 30.298 (indicating a weak trend).
Analysis: The RSI and Stochastic indicators below 30 indicate that ETH is in oversold conditions, which may signal a potential price reversal upwards. However, the negative MACD value and low ADX indicate that the downward trend is still weak and there are no strong signals for a trend reversal yet.
Conclusion: Although some indicators suggest a potential reversal, the overall signal still leans bearish. It is advised for investors to remain cautious and wait for further confirmation before making investment decisions.
ETH/USD Price Chart: For visualization of the current price movement, here is the ETH price chart against USD:
Pi is not just a mining application. Pi is a movement. A movement that started from smartphones but aims to change the face of the world's economy. While many are skeptical, millions of Pioneers around the world remain loyal to mining, sharing, and building community. Today, we are not just hoping—we are demanding adoption. Binance, look at this: we are not just fans, we are a team. A team that wants to see Pi have an equal place on the global stage. We believe in a vision without gas fees, without gaps, and based on community trust. Pi is the future, and the rightful place for the future is at Binance. We are ready. Are you ready to welcome us? #PiNetwork #PiCoreTeam #PioneersUnited
Pi is not just a mining application. Pi is a movement. A movement that started from smartphones but aims to change the face of the world's economy. While many are skeptical, millions of Pioneers around the world remain loyal to mining, sharing, and building community. Today, we are not just hoping—we are demanding adoption. Binance, look at this: we are not just fans, we are a team. A team that wants to see Pi have an equal place on the global stage. We believe in a vision without gas fees, without gaps, and based on community trust. Pi is the future, and the rightful place for the future is at Binance. We are ready. Are you ready to welcome us? #PiNetwork #PiCoreTeam #PioneersUnited
Once, 10,000 BTC was worth only two pizzas. But today, a slice of pizza is a symbol of courage, innovation, and hope. We are not only recalling the first transaction in the real world with Bitcoin, but celebrating how one small decision can inspire a global revolution. #BinancePizza is not just a fun event, it is a sacred moment for the crypto community—we are uniting the past, present, and future at one table, one spirit, and one slice of pizza.
#BinancePizza Bitcoin Pizza Day, celebrated every May 22, is a historic moment in the crypto world. On that date in 2010, Laszlo Hanyecz made the first transaction using Bitcoin to purchase two pizzas for 10,000 BTC. Since then, the crypto community worldwide has celebrated this day as a symbol of Bitcoin's early adoption in real life.
🍕 Celebration of Bitcoin Pizza Day in Bandung
In 2025, the crypto community in Bandung also celebrated Bitcoin Pizza Day by organizing a special event. One of them is the Bitcoin Indonesia Community Meetup held on May 3, 2025. This event featured Co-founder of Bitcoin Indonesia, Dimas Surya Alfaruq, and served as a gathering for crypto enthusiasts to discuss and celebrate this historic moment.
#CryptoRegulation The development of the crypto industry in Indonesia in mid-May 2025 shows significant progress, reflecting the growth of adoption and increasingly strong regulatory support.
📈 Growth of Investors and Transactions
As of March 2025, the number of crypto investors in Indonesia reached 13.71 million people, an increase from 13.31 million in the previous February. The total value of crypto transactions during the first quarter of 2025 was recorded at IDR 109.3 trillion.
🏛️ Transition of Supervision to OJK
Starting January 2025, the supervision of the crypto asset industry was officially transferred from the Commodity Futures Trading Regulatory Agency (Bappebti) to the Financial Services Authority (OJK). This step provides stronger legal certainty, better investor protection, and synchronization between the conventional financial sector and digital assets.
🎓 Literacy and Education Initiatives
OJK launched Crypto Literacy Month (BLK) 2025 with the theme "Wise Investing: Build Your Future Early". This program aims to enhance public understanding of the benefits and risks of crypto assets, and encourage exploration of the potential of responsible digital financial assets.
🌐 Innovation and Ecosystem Collaboration
Events such as Surabaya Blockchain Week 2025 demonstrate collaboration between educational institutions, the government, and industry players in promoting blockchain literacy. Topics such as smart contracts, DAO governance, and sustainable tokenomics are part of the new digital literacy curriculum, reflecting that Indonesia is not only a consumer but also a producer of the blockchain ecosystem.
Brief Analysis: Bitcoin is currently moving sideways after failing to breach resistance at $63,000. Strong support is located around $61,500. The RSI on the 4-hour time frame is in the neutral zone (around 48), indicating that the market is still waiting for a definite direction.
Future BTC Predictions: If BTC can stay above the support of $61,500, there is potential for a rise back towards $63,800 – $64,200 in the next 2–3 days. However, if the support breaks, a deeper correction to $60,200 could occur.
Conclusion: The market is still waiting for a major catalyst. Be cautious of fake breakouts. It is time to focus more on risk management than FOMO. #BTC