Binance founder Changpeng Zhao (CZ) warned traders that his casual X posts are 
not meme coin buy signals, highlighting how hype-driven speculation, bot 
trading, and FOMO repeatedly trigger rapid token launches and losses across 
crypto markets. CZ Clarifies His Tweets Aren’t Meme Coin Signals Changpeng 
Zhao (CZ), founder and former CEO of Binance, shared on […]

Meme Coin Warning: CZ Foresees Pain for Some Traders Chasing Viral Coins

Ethereum price started a major increase above the $3,160 resistance. ETH is 
now consolidating gains and might dip toward the $3,250 zone. Ethereum started 
a downside correction after a major rally to $3,375. The price is trading 
above $3,300 and the 100-hourly Simple Moving Average. There was a break above 
a major bearish trend line with resistance at $3,140 on the hourly chart of 
ETH/USD (data feed via Kraken). The pair could continue to move up if it stays 
above the $3,250 zone. Ethereum Price Revisits $3,350 Ethereum price remained 
stable above $31,20 and started a fresh increase, like Bitcoin. ETH price 
rallied above the $3,160 and $3,200 resistance levels. There was a break above 
a major bearish trend line with resistance at $3,140 on the hourly chart of 
ETH/USD. The bulls even pumped the price above $3,300. A high was formed at 
$3,374, and the price is now correcting some gains. Ethereum price is now 
trading above $3,300 and the 100-hourly Simple Moving Average. If the bulls 
can protect more losses below $3,300 or the 23.6% Fib retracement level of the 
recent wave from the $3,061 swing low to the $3,374 high, the price could 
attempt another increase. Immediate resistance is seen near the $3,340 level. 
The first key resistance is near the $3,380 level. The next major resistance 
is near the $3,420 level. A clear move above the $3,420 resistance might send 
the price toward the $3,500 resistance. An upside break above the $3,500 
region might call for more gains in the coming days. In the stated case, Ether 
could rise toward the $3,550 resistance zone or even $3,650 in the near term. 
Downside Correction In ETH? If Ethereum fails to clear the $3,340 resistance, 
it could start a fresh decline. Initial support on the downside is near the 
$3,300 level. The first major support sits near the $3,250 zone. A clear move 
below the $3,250 support might push the price toward the $3,220 support and 
the 50% Fib retracement level of the recent wave from the $3,061 swing low to 
the $3,374 high. Any more losses might send the price toward the $3,180 
region. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing 
momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above 
the 50 zone. Major Support Level – $3,250 Major Resistance Level – $3,340

Ethereum Price Rips Higher by 8%, Forcing Bears to Reassess

A senior U.S. senator is urging banking regulators to halt review of a crypto 
firm’s bank charter, citing unresolved conflicts tied to President Trump. A 
dispute over crypto regulation and presidential business ties is now moving 
directly into the banking…

Elizabeth Warren urges OCC to pause WLFI bank charter review over Trump conflict of interest

Retail traders fled to Bitcoin and Ether after the October crypto crash last 
year, adding to an already tough year for altcoins.

Rattled retail retreats to Bitcoin, Ether after October crash

The significant gains by a prominent trader highlight the potential for 
substantial profits in volatile crypto markets, influencing investor 
strategies.
The post Bitcoin whale posts $50 million gain on BTC, ETH and SOL longs 
appeared first on Crypto Briefing.

Cryptocurrency price in BMD