Bitmine Immersion Technologies (BMNR) has taken another oversized step into 
the crypto treasury race, revealing ethereum holdings that now rival 
sovereign-scale balance sheets. Bitmine Ramps up Ethereum Accumulation Bitmine 
said on Monday that its ethereum ( ETH) holdings have climbed to 4.243 million 
tokens, helping lift total crypto and cash assets to $12.8 billion as […]

Bitmine Scoops up 40,302 Ethereum, Pushing ETH Stack to 4.243M Tokens

The BNB price has reacted strongly at the 0.618 Fibonacci retracement, and a 
bullish engulfing candle suggests a relief bounce may be developing.

BNB price rebounds from 0.618 Fibonacci support, signaling relief bounce

Tether commands over half of the $4B gold backed stablecoin market, with XAU 
leading amid surging gold demand and onchain asset growth.
The post Tether dominates $4B gold-backed stablecoin market as gold tops $5100 
appeared first on Crypto Briefing.

Tether dominates $4B gold-backed stablecoin market as gold tops $5100

Traders continue to defend the lowest support levels in Bitcoin and altcoins, 
but sellers at the range highs and declining sentiment across the market may 
complicate a quick recovery.

Price predictions 1/26: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, BCH

Ethereum remains under pressure in a key support zone, teetering between a 
potential rebound and further decline. While bullish patterns like the cup- 
and-handle and ascending triangle are shaping up, confirmation is required 
before any decisive move. Last Defense Zone: $2,274–$2,104 And The Libra 
Reversal Setup Kamile Uray shared that Ethereum is currently trying to hold 
above the critical support zone between $2,775 and $2,623. This area has 
become a key battleground for bulls and bears, with buyers attempting to 
defend it to prevent further downside. If this support continues to hold, ETH 
could regain short-term stability and make another attempt to move higher. 
Related Reading: Ethereum Loses Structure After $3,220 Rejection — Is This 
Distribution Or Just The First Crack? On the upside, a sustained bounce from 
this zone could allow Ethereum to revisit the pink box resistance around the 
$3,445 level. A clean breakout above this resistance would activate bullish 
structures such as a cup-and-handle or an ascending triangle, signaling 
growing bullish momentum and opening the path toward the $3,894 level. 
However, this becomes possible if ETH manages to close above the $3,661 peak, 
confirming the formation of the first major high. The $3,894 level carries 
technical significance, as it represents the 0.618 Fibonacci retracement of 
the most recent downward wave. A decisive close above this level would suggest 
continuation of the recovery. Failure to hold above it, however, could trigger 
renewed selling pressure and lead to another corrective move lower. On the 
downside, if Ethereum loses the $2,623 support, a deeper decline toward the 
pink box zone between $2,274 and $2,104 would become likely. This area is 
notable for the potential formation of a bullish Libra pattern. Should 
reversal confirmation emerge from this zone, ETH could attempt another 
recovery phase, with the broader objective of retesting its previous highs. 
Waiting For Confirmation: ETH’s Next Move Depends On Price Action Ethereum is 
currently following the trajectory outlined by Crypto Candy in a recent update 
on X. As predicted, the asset dipped into the lower support range between 
$2,600 and $2,700 and is now attempting to stage a recovery from the zone. 
Should this upward momentum persist, the immediate objective for bulls is a 
return to the $3,070 level. Related Reading: Ethereum Poised For $4,000 
Breakout? Expert Pinpoints On-Chain Triggers For Potential Rally However, for 
Ethereum to firmly re-enter bullish territory and shift the broader market 
structure, it must close decisively above the $3,070 threshold. This level 
serves as the primary gateway for any sustained recovery beyond the current 
relief rally. Until that breakout occurs, the prevailing market bias remains 
firmly bearish, as the failure to reclaim and hold above $3,070 suggests that 
the path of least resistance is still to the downside, with lower price points 
remaining the primary expectation for the short term. Featured image from 
Pexels, chart from Tradingview.com

Cryptocurrency price in HUF