Al Green is running against Christian Menefee in the Democratic Party primary 
elections next month, with Texas one of the first states to hold the vote on 
March 3.

Crypto super PAC earmarks $1.5M to unseat Al Green in Texas

Bitcoin price failed to stay above $68,800 and started another decline. BTC is 
now trading below $67,500 and might extend losses in the near term. Bitcoin is 
slowly moving lower below $68,000 and $67,500. The price is trading below 
$67,000 and the 100 hourly simple moving average. There is a bearish trend 
line forming with resistance at $67,500 on the hourly chart of the BTC/USD 
pair (data feed from Kraken). The pair might dip again if it trades below the 
$66,000 and $65,000 levels. Bitcoin Price Dips Further Bitcoin price failed to 
remain stable above the $68,800 zone. BTC started a fresh decline and traded 
below the $68,000 support zone. There was a push below $67,000. The price 
dipped below the 50% Fib retracement level of the upward move from the $60,500 
swing low to the $72,255 high. The bears even pushed the price below $65,500. 
Besides, there is a bearish trend line forming with resistance at $67,500 on 
the hourly chart of the BTC/USD pair. Bitcoin is now trading below $67,000 and 
the 100 hourly simple moving average. If the price remains stable above 
$65,000, it could attempt a fresh increase. Immediate resistance is near the 
$67,500 level and the trend line. The first key resistance is near the $68,000 
level. A close above the $68,000 resistance might send the price further 
higher. In the stated case, the price could rise and test the $69,200 
resistance. Any more gains might send the price toward the $70,500 level. The 
next barrier for the bulls could be $72,000 and $72,500. More Losses In BTC? 
If Bitcoin fails to rise above the $68,000 resistance zone, it could start 
another decline. Immediate support is near the $65,500 level. The first major 
support is near the $65,000 level or the 61.8% Fib retracement level of the 
upward move from the $60,500 swing low to the $72,255 high. The next support 
is now near the $62,750 zone. Any more losses might send the price toward the 
$61,200 support in the near term. The main support now sits at $60,500, below 
which BTC might struggle to recover in the near term. Technical indicators: 
Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI 
(Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. 
Major Support Levels – $66,000, followed by $65,000. Major Resistance Levels – 
$67,500 and $68,000.

Bitcoin Price Bleeds Lower With $65K Becoming The Battleground

In congressional testimony, the SEC detailed plans to align with Congress on a 
federal crypto framework aimed at clarifying digital asset rules, easing 
compliance burdens and modernizing oversight to unlock broader market growth. 
SEC Targets Structured Crypto Oversight in Shift That Could Unlock Massive 
Market Growth U.S. Securities and Exchange Commission (SEC) Chairman Paul S. 
[…]

SEC Testifies on Clear Crypto Oversight, Signaling Major Regulatory Breakthrough for Digital Assets

CFTC chair Mike Selig launched the Innovation Advisory Committee in January, 
nominating 12 members as charter members before expanding the final list to 35 
on Thursday.

CFTC adds Coinbase, Ripple execs to 35-member advisory committee

Ethereum is attempting to stabilize after its recent pullback, but the 
recovery so far lacks convincing strength. With price rejecting key levels and 
higher-timeframe risks still looming, ETH finds itself at a critical decision 
point where the next structural move could define the short-term trend. No 
5-Wave Breakout, No Confirmation For Ethereum Yet Ethereum continues to trade 
in a technically vulnerable zone. According to More Crypto Online, until the 
market prints a clear five-wave impulsive structure to the upside, or at a 
minimum breaks decisively above the weekend high, the probability of further 
downside under the outlined “orange scenario” remains elevated. Without that 
confirmation, the broader risk profile has not materially improved. Related 
Reading: Ethereum Libra Formation In Play: ETH’s Next Big Move Could Be 
Loading The bounce from last week’s low, while noticeable, still carries a 
weak and corrective appearance. Momentum has not expanded in a way that would 
typically signal the start of a sustainable bullish reversal. Instead, the 
structure so far suggests a potential counter-trend move within a larger 
bearish or sideways framework. That said, the current area on the chart is 
technically significant. Following the recent liquidation-driven decline, the 
price has reached a zone where markets often attempt to stabilize. Sharp 
flushes can sometimes mark exhaustion points, making it reasonable to stay 
alert for early reversal signals, particularly if sentiment has become overly 
pessimistic. However, as More Crypto Online emphasizes, anticipation is not 
confirmation. The micro-structure now becomes critical. Only a shift toward 
impulsive upside behavior or a clear break of key resistance levels would 
validate a meaningful low. $2,100 Rejection Signals Resistance Flip Charting 
the daily timeframe for Ethereum, Luca, a market expert and investor, noted 
that while price has managed to bounce on the lower timeframes, the recovery 
has already faced rejection at a key former support zone around $2,100, 
highlighted in purple. This level previously acted as support but was lost 
during the recent decline, turning it into resistance on the way back up. 
Related Reading: Ethereum Price Closes Sub-$2,000 Support As Crypto Rout 
Intensifies The inability to reclaim that range signals that upside momentum 
remains fragile. Until Ethereum can decisively flip the $2,100 area back into 
support, Luca believes the structure continues to favor caution rather than 
calling for a confirmed bottom. As a result, the more probable path in his 
view is a continuation lower toward the higher-timeframe support zone marked 
in green. That area aligns with the early-April bottoming formation and could 
provide a stronger foundation for a more sustainable bullish reversal attempt. 
Given this outlook, Luca explained that he is maintaining hedges on lower 
timeframes to manage downside exposure. Until clear strength emerges and key 
levels are reclaimed, protecting capital remains the priority. Featured image 
from Getty Images, chart from Tradingview.com

Cryptocurrency price in AED