Balaji Srinivasan, former Coinbase CTO and The Network State author, says 
cryptocurrency was built to create a “code-based order” as traditional 
institutions falter, framing blockchain as the backbone of a new global 
system. Crypto as Global Lifeboat? Balaji Srinivasan Makes the Case on X The 
Silicon Valley entrepreneur and investor laid out his case in […]

Balaji Srinivasan Says Crypto Is the ‘Code-Based Order’ for a Fracturing World

Ethereum shows signs of strength, but the bullish picture only emerges on an 
inverted chart. On the standard view, the downtrend remains intact until key 
resistance is reclaimed, making the current optimism conditional. Inverted 
Structure Reinforces Ethereum Bearish HTF Outlook Presenting an inverted chart 
in a recent update, Mizer explained that he has been short on Ethereum for 
several days, outlining what he believes could unfold on the higher time frame 
(HTF). Mizer clarified that this doesn’t necessarily plan to hold the full 
position to his projected targets, as he prefers focusing on lower time frame 
(LTF) opportunities given the difficulty of forecasting HTF moves in the 
current macro environment. Related Reading: Ethereum’s Bounce Still Lacks 
Conviction — Downside Risk Remains According to Mizer, Ethereum’s HTF 
structure remains clear: a distribution phase followed by consistent 
breakdowns since the $5,000 peak. A parabolic curve formed off that top is a 
key indicator of this pattern, noting that the price has respected it for 
months. Until that parabola is decisively broken and price holds above it, the 
broader downtrend remains intact. Zooming into the current price action, Mizer 
highlighted a strong impulse move into this zone marked by a purple line. This 
area represents a significant support/resistance flip on the inverted chart: 
previously resistance, it was broken and now functions as support. Mizer is 
now closely watching the small blue box on the right side of the chart, which 
represents the current consolidation following the impulse. Two Scenarios From 
Consolidation The analyst further explained that from the current 
consolidation zone, there are two primary scenarios unfolding: either 
continuation after a shallow pullback, or a brief fake breakdown followed by a 
swift reclaim before the next leg higher on the inverted chart, which would 
translate to further downside for ETH itself. Related Reading: Ethereum Faces 
High-Stakes Moment at $2,200 as Whale Longs Clash With Bearish Flow Data He 
described the purple path on his chart as his “ideal” bullish scenario on the 
inverted structure, essentially tracking price as it continues to respect the 
long-standing parabolic curve. As long as that parabola remains intact, the 
broader bearish trajectory remains his base case. Regarding targets, he 
divided expectations into short- and long-term objectives. The immediate 
target sits around $1,700, which he views as the first logical area to take 
profits and monitor for a potential reaction strong enough to challenge or 
even break the parabolic resistance. The final target lies near $1,400, 
representing the larger extension if momentum fully plays out. However, he 
emphasized that the setup would be invalidated if ETH loses the key flip zone 
and begins accepting below it on the inverted chart, a move that would break 
the parabola and potentially signal a broader trend reversal. Featured image 
from Freepik, chart from Tradingview.com

Ethereum Price Looks Bullish, But Only On The Inverted Chart

US President Donald Trump is now using alternative legal routes to levy 
tariffs, but critics say his authority to impose them is still limited.

Trump raises global tariff rate to 15%, but crypto markets are unfazed

Bitcoin has been range-bound this weekend, hovering between $67,563 and 
$68,636 over the last day on Saturday, Feb. 21, 2026, and derivatives traders 
have been anything but quiet. Futures and options data show billions in open 
interest stacked across major exchanges, with calls maintaining a firm edge 
over puts. Bitcoin Derivatives Snapshot: $45B in Futures, […]

Crystalline Tension — Calls Dominate Puts as Bitcoin Derivatives Swell in Tight Trading Band

IoTeX reported containing a hack with losses around $2 million, disputing on- 
chain analyst estimates placing the theft at $4.3 million. The blockchain 
platform stated it coordinated with exchanges and law enforcement to freeze 
stolen funds following what it called a…

Cryptocurrency price in CNY