I continue to draw your attention to Ethereum. These days, it seems that everyone hates this coinâexcept for those who really know what they are looking at. And objectively, right now it is in a pretty solid buying zone đȘ§.
On the chart, once again we are approaching the lower limit of a horizontal price channel. This level coincides with a strong support around $1,770.
At the same time, we are seeing the formation of a bullish divergence between the price and the RSI đ. This is a strong signal that the support level is likely to hold.
Remember a simple rule that always applies in the market: THE CROWD ALWAYS LOSES đȘ. Think about that in the context of the current sentiment towards Ethereum.
I continue to draw your attention to Ethereum. These days, it seems that everyone hates this coinâexcept for those who really know what they are looking at. And objectively, right now it is in a pretty solid buying zone đȘ§.
On the chart, once again we are approaching the lower limit of a horizontal price channel. This level coincides with a strong support around $1,770.
At the same time, we are seeing the formation of a bullish divergence between the price and the RSI đ. This is a strong signal that the support level is likely to hold.
Remember a simple rule that always applies in the market: THE CROWD ALWAYS LOSES đȘ. Think about that in the context of the current sentiment towards Ethereum.
â $$SOL /USDT Plunges Below $180 â Is This a Buying Opportunity or More of a Downside? â $SOL
Solana ($SOL ) has had a sharp breakout, currently trading at $178.68, down 6.42% in the past 24 hours. After a brutal rejection from $191.10, SOL has cut through key support areas, falling to a fresh 24-hour low of $177.88. This heavy selling suggests strong bearish pressure, but the question remains: is this a pullback opportunity or a warning of further declines? If Sol fails to reclaim the $180 mark, a deeper correction towards $175 and possibly $170 could follow. However, if buyers step in around this area, we could see a quick bounce towards $185 and $190, making this a key reversal point for traders. Volume has been rising, suggesting increased volatility, so traders should watch price action closely. A confirmed reversal from $182 could lead to bullish strength, while failure to hold above $178 could lead to further downside. Stay cautious â Sol at critical level â#solana
Tether Selects Arbitrum For New Cross-Chain Stablecoin Infrastructure
According to Odaily, Tether has chosen Arbitrum as the infrastructure provider for its new cross-chain stablecoin, USDT0. Steven Goldfeder, CEO of Offchain Labs, the developer of Arbitrum, stated that their Legacy Mesh technology offers users and developers deep and liquid markets, regardless of the blockchain used.
$RAY experienced a slight decline of -1.796% over the past 24 hours, with highs at 5.298 and lows at 4.746. Currently, it trades near the lower Bollinger Band (4.7639), suggesting potential support at this level. Resistance is marked at 5.414, creating a range that traders should monitor closely. A bounce off the lower band could present a buying opportunity, while a decisive move above 5.414 may signal a bullish trend. Traders should watch for volume changes around these key levels to optimize their strategy.
$JUP is currently in a strong uptrend, supported by increased volume and positive market sentiment. However, traders should watch for potential consolidation or pullbacks near resistance levels, especially if volume declines. A decisive move above $1.2800 could confirm the continuation of the bullish trend.
Support & Resistance Levels:
Immediate Support: $1.1109 (aligned with MA 25).
Major Support: $0.9938 (aligned with MA 99 and the previous accumulation phase).
Immediate Resistance: $1.2200 (aligned with MA 7).
Key Resistance: $1.2800 (recent high).
Trading Outlook:
Bullish Case:
If JUP/USDT breaks and sustains above $1.2200, it could retest the $1.2800 level. A breakout above this resistance might lead to further gains, potentially targeting $1.35 or higher.
Bearish Case:
A rejection at the $1.2200 level could lead to a pullback toward the $1.1109 support. If this level fails, the price may test $0.9938.
Whoever buys in FOMO may be harmed⊠it has happened to all of us đ€Šââïž Buy now that it's going up and you will obtain benefits organically đȘđđ
MONEY GOLD
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#FIDA KILLED ALL THE INVESTORS FUND ⊠LAST 4 YEARS NEVER PERFORMED⊠USELESS AND WORTHLESS TOKEN
$SOL /USDT: A Bullish Surge in Motion .. Check đŻ Solid prediction results ...
$SOL has hit an impressive high of $258.86, reflecting a strong bullish momentum with a 3.87% daily gain. The consistent upward movement is supported by increased trading volume, highlighting growing investor confidence. This trend suggests SOL is gearing up for further highs as buyers remain active.
If SOL can break through the $260 resistance zone, it might target $265 or beyond in the short term. Strong support lies near $250, providing a solid entry point for those waiting for a minor dip. This is a great moment to strategize your trades as SOL shows no signs of slowing down. Stay sharp and trade wisely..
It seems that the march has not had much of an impact either
Binance News
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Ethereum News: Ethereum Core Developer Eric Conner Exits Amid Leadership Concerns, Shifts to AI Innovation
Ethereum core developer Eric Conner has announced his departure from the Ethereum community, citing leadership concerns regarding Vitalik Buterinâs management decisions. Conner, who has been part of Ethereum for over 11 years, is now shifting his focus toward building artificial intelligence (AI) tools, starting with his new project, Freysa.ai.Leadership Concerns Drive Conner's ExitConner's departure follows Buterinâs recent statement affirming his sole authority over the Ethereum Foundation (EF) until a proper board is established. In response to Buterinâs leadership approach, Conner expressed his dissatisfaction, stating on X:"I am no longer a dot eth. Perhaps some day those in leadership roles will realign with the community but for now, I am out."While Buterinâs decision to centralize authority has garnered mixed reactions within the Ethereum community, many critics argue that it contradicts the fundamental ethos of blockchain technologyâdecentralization.Passion Shift Toward AI DevelopmentExplaining his decision, Conner shared that he has âlost passionâ for Ethereum, citing the importance of leadership, culture, and community alignment. He emphasized the need for change and stated that his focus will now be on contributing to the AI landscape:"Truly, I hope Ethereum wins, but I can no longer spend all of my days shouting into this void."His new endeavor, Freysa.ai, aims to develop advanced AI solutions, and he remains open to further collaborations in the AI space.Ethereum Foundation Leadership RestructuringIn light of the departure, Buterin had previously announced a significant overhaul of the Ethereum Foundationâs leadership on January 18, aiming to:Enhance technical expertise within the team.Improve communication between the Foundation and the broader Ethereum ecosystem.Encourage autonomy, with Buterin stating that individuals seeking a different vision are welcome to start their own initiatives.This move follows a turbulent 2024 for Ethereum, with the community raising concerns about spending, roadmap execution, and personnel management within the Foundation.Eric Conner's exit marks a pivotal moment for Ethereum as it navigates leadership challenges and evolving community expectations. Meanwhile, his transition into AI development underscores the growing intersection between blockchain and AI innovations.