The declining odds of a US-Iran ceasefire highlight the challenges of 
achieving diplomatic progress amid heightened tensions.
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US and Iran clash over nuclear talks before trump’s address

Ethereum is currently trading above $2,100 at the start of the new month, but 
one analyst believes the asset&#8217;s next major directional move is based on a 
single price level: one that, if broken, would invalidate years of macro 
analysis and cause a price collapse to as low as $900. The Count That Has Held 
For A Year According to an analyst known as The Penguin, Ethereum’s current 
price behavior fits into a broader Elliott Wave structure that has been 
developing for years. The analysis defines Ethereum&#8217;s entire price history 
since 2016 as a developing macro sequence: a completed Cycle Wave 1 that 
topped out, followed by an extended Wave 2 correction playing out as a flat. 
According to the analyst, this structure is time-consuming, choppy, and 
designed to frustrate. Related Reading: Analyst Shares A Good Way To Know When 
Ethereum Has Hit A Bottom Since Ethereum&#8217;s 2021 peak, the Ethereum price has 
largely moved sideways and downward while repeatedly teasing recoveries that 
faded. The most notable example of this recovery was in August 2025, when 
Ethereum moved to new all-time highs. However, this has eventually ended up 
with a reversal that saw Ethereum fall back below $2,000 again. The chart 
labels the flat trading sequence in detail, mapping out W, X, A, and B legs 
that form the larger Wave 2 structure. The current price action is positioned 
within the final leg of the B structure, and the next outlook is an upward 
move to C from here. The $1,382 Line That Changes Everything As shown in the 
chart above, the Ethereum price has spent the period since its 2021 peak 
trading beneath a well-defined horizontal resistance zone between $4,500 and 
$4,900, with multiple rallies failing to break through this ceiling. The lows, 
on the other hand, have been less uniform, with lows forming in a more 
irregular pattern instead of a clean horizontal base. Related Reading: Brace 
For Impact: Ethereum Price Is Now Forming A Counter-Trend Correction However, 
one level stands out in this structure, which is the $1,382 low recorded in 
April 2025. Based on the context of this analysis, this point is labelled as 
Wave X and serves as the lower timeframe invalidation level. This is the 
important price level that will determine whether the price structure 
continues to fall below the four-digit mark. As long as Ethereum remains above 
it, the Wave 2 scenario will be valid, and the Ethereum price can still 
transition into a new impulsive cycle to the upside. The price target in this 
case is a push to as high as $8,400. A breakdown below $1,382, however, would 
invalidate the entire wave count. ETH would need to shed about a third of its 
value to reach that level, but given Q1 2026&#8217;s 29% decline and February 6 low 
at $1,743, it is not out of reach under persistent selling pressure. If that 
invalidation level fails, the analyst’s projection points to a downside break 
below $900, with Fibonacci extensions on the chart pointing to lows between 
$800 and $500. Featured image from iStock, chart from Tradingview.com

Ethereum Price Crash Update: Analyst Forecasts Fall To $600 If This Happens

Blackrock is pushing deeper into crypto income strategies with a bitcoin- 
linked ETF designed to generate yield while tracking price exposure, signaling 
a more complex evolution in institutional bitcoin investing that blends 
derivatives with core holdings. Blackrock Files Amendment for Bitcoin Income 
ETF Strategy Blackrock advanced its crypto product lineup by filing an amended 
registration for […]

Blackrock’s Bitcoin Premium Income ETF Edges Closer to Market as SEC Amendment Reveals BITA Ticker

The strike exacerbates geopolitical tensions, diminishing prospects for 
diplomatic resolutions and prolonging regional instability.
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US-Israeli strike on IRGC site near isfahan lowers ceasefire odds

On-chain data shows the average Bitcoin exchange deposit has ballooned to a 
significant size, a potential sign that whales are making inflows. Average 
Bitcoin Exchange Inflow Hits 2.62 BTC As pointed out by CryptoQuant community 
analyst Maartunn in an X post, the mean Exchange Inflow has shot up for 
Bitcoin. The &#8220;Exchange Inflow&#8221; here refers to an indicator that keeps track of 
the BTC transactions that are heading toward centralized exchanges from self- 
custodial wallets. Related Reading: Dogecoin Network Comes Alive: Active 
Addresses Jump 28% In the context of the current topic, the version of the 
metric that&#8217;s of interest is the one tracking mean exchange deposits. That is, 
this indicator measures the size of the average transfer that&#8217;s being sent to 
exchange-related wallets. When the value of the metric is high, it means the 
average exchange inflow is significant in scale. Such a trend can be a sign 
that large entities are actively participating in exchange deposit activity. 
On the other hand, the indicator being low can suggest that smaller hands are 
the ones responsible for the current exchange inflows. Now, here is the chart 
shared by Maartunn that shows the trend in the 7-day exponential moving 
average (EMA) of the mean Bitcoin Exchange Inflow over the past year: As 
displayed in the above graph, the 7-day EMA of the mean Bitcoin Exchange 
Inflow has just observed a rapid surge, indicating that whales have 
potentially ramped up their deposit activity. Generally, one of the main 
reasons why investors transfer their coins to exchanges is for selling-related 
purposes, so this spike in the mean Exchange Inflow may be a sign that the 
big-money hands are preparing to exit from the cryptocurrency. The latest high 
level of the indicator isn&#8217;t ordinarily seen, serving as a rare signal for the 
network. &#8220;The average BTC transaction sent to exchanges climbed to 2.62 BTC, a 
level that typically only appears during high-stress market moves,&#8221; explained 
the analyst. From the chart, it&#8217;s visible that the last time the Exchange 
Inflow saw a similar surge was alongside the price crash at the start of 
February. It now remains to be seen whether the latest spike in the indicator 
will have any effect on the Bitcoin price. Related Reading: Recent Bitcoin 
Rally Saw Retail Shift To Selling, Glassnode Reveals In some other news, very 
old Bitcoin hands have shown activity recently, as Maartunn has highlighted in 
another X post. From the chart, it&#8217;s visible that multiple large transactions 
involving tokens older than ten years have been spotted on the blockchain over 
the past couple of days. In total, these transactions have broken dormancy for 
about 600 BTC, worth about $41.2 million right now. BTC Price Bitcoin has made 
some recovery from its lows as its price has climbed back to $68,500. Featured 
image from Dall-E, chart from TradingView.com

Cryptocurrency price in HUF