Ethereum price started a downside correction from $2,120. ETH must clear the 
$2,110 and $2,120 resistance levels to continue higher. Ethereum started a 
downside correction below the $2,110 zone. The price is trading below $2,095 
and the 100-hourly Simple Moving Average. There was a break below a bullish 
trend line with support at $2,105 on the hourly chart of ETH/USD (data feed 
via Kraken). The pair could continue to move down if it stays below the $2,120 
zone. Ethereum Price Dips Below Support Ethereum price failed to stay above 
the $2,120 zone and extended its decline, like Bitcoin. ETH price gained pace 
for a move below the $2,110 and $2,100 levels. The bears pushed the price 
below the 38.2% Fib retracement level of the upward move from the $2,000 swing 
low to the $2,148 high. Besides, there was a break below a bullish trend line 
with support at $2,105 on the hourly chart of ETH/USD. However, the bulls were 
active near the $2,080 level. Ethereum price is now trading below $2,100 and 
the 100-hourly Simple Moving Average. If the bulls remain in action above 
$2,075, the price could attempt another increase. Immediate resistance is seen 
near the $2,110 level. The first key resistance is near the $2,120 level. The 
next major resistance is near the $2,150 level. A clear move above the $2,150 
resistance might send the price toward the $2,220 resistance. An upside break 
above the $2,220 region might call for more gains in the coming days. In the 
stated case, Ether could rise toward the $2,250 resistance zone or even $2,320 
in the near term. Downside Continuation In ETH? If Ethereum fails to clear the 
$2,120 resistance, it could start a fresh decline. Initial support on the 
downside is near the $2,075 level. The first major support sits near the 
$2,060 zone or the 61.8% Fib retracement level of the upward move from the 
$2,000 swing low to the $2,148 high. A clear move below the $2,060 support 
might push the price toward the $2,020 support. Any more losses might send the 
price toward the $2,000 region. The main support could be $1,940. Technical 
Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the 
bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below the 50 zone. Major 
Support Level – $2,060 Major Resistance Level – $2,150

Ethereum price started a downside correction from $2,120. ETH must clear the $2,110 and $2,120 resistance levels to continue higher. Ethereum started a downside correction below the $2,110 zone. The price is trading below $2,095 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,105 on &#8230;

Ethereum Price Buying Pressure Softens, Traders Turn Increasingly Cautious

Strategy and BitMine paused weekly buys as four public firms added 612 BTC 
worth $47.5m, while stablecoin liquidity fell $687m.

Strategy and BitMine paused weekly buys as four public firms added 612 BTC worth $47.5m, while stablecoin liquidity fell $687m.

Strategy and BitMine pause as 4 firms add $47.5m in Bitcoin

Enhanced scrutiny on overseas private debt may curb Korean capital outflows, 
impacting global credit markets and investor strategies.
The post South Korea to monitor $37B in overseas private debt investments 
appeared first on Crypto Briefing.

Enhanced scrutiny on overseas private debt may curb Korean capital outflows, impacting global credit markets and investor strategies. The post South Korea to monitor $37B in overseas private debt investments appeared first on Crypto Briefing.

South Korea to monitor $37B in overseas private debt investments

Pendle&#8217;s focus on limit orders could redefine DeFi liquidity strategies, 
emphasizing concentrated incentives over diversification for growth.
The post Pendle focuses co-incentives on limit orders to enhance liquidity 
appeared first on Crypto Briefing.

Pendle&#8217;s focus on limit orders could redefine DeFi liquidity strategies, emphasizing concentrated incentives over diversification for growth. The post Pendle focuses co-incentives on limit orders to enhance liquidity appeared first on Crypto Briefing.

Pendle focuses co-incentives on limit orders to enhance liquidity

Binance unveils a platform that allows users to trade on real-world events 
using onchain event tokens settled in the stablecoin USDT. Bonding Curve 
Pricing Mechanism Binance Wallet has launched a new third‑party decentralized 
application that lets users trade blockchain‑based tokens tied to real‑world 
events, including sports results, crypto price levels and news outcomes. Known 
as […]

Binance unveils a platform that allows users to trade on real-world events using onchain event tokens settled in the stablecoin USDT. Bonding Curve Pricing Mechanism Binance Wallet has launched a new third‑party decentralized application that lets users trade blockchain‑based tokens tied to real‑world events, including sports results, crypto price levels and news outcomes. Known as &#8230;

Binance Wallet Integrates Platform to Enable Onchain Trading of Real-World Outcomes

Bitcoin price started a downside correction from the $78,000 zone. BTC is 
consolidating and might aim for a fresh increase if it clears $78,000. Bitcoin 
failed to stay above $77,500 and extended losses. The price is trading below 
$77,000 and the 100 hourly simple moving average. There was a break below a 
contracting triangle with support at $76,750 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays 
below the $76,200 and $76,000 levels. Bitcoin Price Faces Resistance Bitcoin 
price failed to clear the $78,000 resistance zone. BTC started a downside 
correction from the $77,809 swing high and traded below $77,500. There was a 
move below the 23.6% Fib retracement level of the upward move from the $74,209 
swing low to the $77,809 high. Besides, there was a break below a contracting 
triangle with support at $76,750 on the hourly chart of the BTC/USD pair. 
However, the bulls are active above $76,000. Bitcoin is now trading below 
$77,000 and the 100 hourly simple moving average. If the price remains stable 
above $76,000, it could attempt a fresh increase. Immediate resistance is near 
the $76,750 level. The first key resistance is near the $77,200 level. A close 
above the $77,200 resistance might send the price further higher. In the 
stated case, the price could rise and test the $77,800 resistance. Any more 
gains might send the price toward the $78,000 level. The next barrier for the 
bulls could be $79,500. Downside Extension In BTC? If Bitcoin fails to rise 
above the $77,200 resistance zone, it could start another decline. Immediate 
support is near the $76,000 level or the 50% Fib retracement level of the 
upward move from the $74,209 swing low to the $77,809 high. The first major 
support is near the $75,500 level. The next support is now near the $75,000 
zone. Any more losses might send the price toward the $74,000 support in the 
near term. The main support now sits at $73,500, 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 – 
$76,000, followed by $75,000. Major Resistance Levels – $77,200 and $78,000.

Bitcoin price started a downside correction from the $78,000 zone. BTC is consolidating and might aim for a fresh increase if it clears $78,000. Bitcoin failed to stay above $77,500 and extended losses. The price is trading below $77,000 and the 100 hourly simple moving average. There was a break below a contracting triangle with &#8230;

Cryptocurrency price in BRL

Market Overview