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Ethereum: between technical standard and uncertain structural weakness. The RSI remains neutral, around 50, while the volume remains low.
The ETFs on ETH recorded $80 million in outflows last week, and the ETH/BTC ratio stagnating at 0.019 reflects a lack of conviction among investors.
As long as ETH does not sustainably exceed $1,700, caution is warranted. In the event of a pullback, the critical support at $1,500, or even $1,300, could be tested.
As the crypto markets catch their breath after a period of high volatility, all eyes are on three giants: Bitcoin, Ethereum, and Ripple. This week promises to be decisive, with critical technical levels and macroeconomic factors that could redefine market dynamics. Between hopes for breakthroughs and the risks of correction, here’s what could shake up portfolios.
The recent break from the bearish trend of the last three months at 84,900,225,325,430,23 marks a turning point for Bitcoin: the entry of institutional flows, outflows from exchanges, and the continued accumulation of ETFs signal the return of long-term buyers. The RSI is climbing towards 58, and the MACD suggests an imminent bullish crossover.
At this stage, everything will depend on the bulls' ability to maintain the pressure. In the event of a clear breakout, 90,000,225,325,430,23 then 95,000,225,325,430,23 — the last peak of March — are in sight.
Global financial earthquake coming from China 🇨🇳 #China opens a new era of rapid payments (only 7 seconds) and digital monetary sovereignty. China has suddenly announced the interconnection of its digital yuan system with 16 countries in Asia and the Middle East, bypassing the American SWIFT system. Here are the 10 most important facts that will change the face of the global economy: 1. China has connected its digital yuan system to 10 ASEAN countries and 6 Middle Eastern countries, representing 38% of global trade, outside the SWIFT framework. 2. Settlement time has been reduced from 3-5 days to just 7 seconds thanks to blockchain technology. 3. Transfer fees have decreased by 98% during the first trial between Hong Kong and Abu Dhabi. 4. The digital yuan bypasses intermediary banks and relies on a distributed ledger, improving efficiency and transparency. 5. Integrated blockchain technology automatically enforces anti-money laundering measures, which worries the West. 6. The “Two Countries, Two Parks” project between China and Indonesia executed the first cross-border payment in 8 seconds. 7. Settlement costs in the energy sector have decreased by 75% in the Middle East. 8. 5.8 trillion yuan in settlement volume with ASEAN countries in 2024, an increase of 120% compared to 2021. 9. The digital yuan is effectively used in Belt and Road projects, railways, and quantum communications. 10. 87% of countries in the world have adapted to the digital yuan, and the Chinese payment network now covers 200 countries.
Customs Duties: Bitcoin Experiences Its "Weakest" First Quarter in 10 Years. Bitcoin plummeted below $75,000 on Monday for the first time since Donald Trump's victory in the U.S. presidential election in early November 2024. On Monday, around 15:45 GMT, the most capitalized cryptocurrency fell by 6.66% compared to Friday at 22:00, to $78,521.38, after briefly dropping below this symbolic threshold. Ether, the second most important digital currency, dropped by 14.04%, to $1,562.83. Others were similarly affected, such as Dogecoin and Solana.
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