Ethereum has surged roughly 36% from its recent accumulation zone, pushing the 
price into a critical area where momentum often gets tested. With key 
resistance now in play and signs of hesitation emerging, the market is 
approaching a decisive moment that could determine whether the rally continues 
or a pullback unfolds. Ethereum Surges 36% From Accumulation Zone According to 
Crypto Patel, ETH has surged approximately 36% from its accumulation zone, 
pushing the price into a critical resistance area. After such a strong move, 
this region is typically seen as a logical zone for swing traders to consider 
locking in partial profits while watching how the price reacts. Related 
Reading: Ethereum Just Saw Its Strongest Buy Pressure Since The 2022 Bear 
Market The analyst outlined several key levels that could shape the next phase 
of price action. On the upside, the first target sits around $2,828, marking a 
fair value gap (FVG) that the price may look to fill. Just above that lies the 
major resistance and decision zone near $2,900. On the downside, a return 
toward the $2,000 region would act as the invalidation point, signaling that 
the bullish structure has weakened. From a scenario standpoint, a decisive 
breakout above $2,900, especially if supported by strong volume, would confirm 
bullish continuation. Such a move could shift market sentiment significantly, 
opening the door for a much larger rally to the $10,000 region. On the flip 
side, failure to break above $2,900 could trigger a deeper pullback, with 
price likely rotating back toward the $2,000 area as part of a broader 
corrective phase. Ultimately, the emphasis remains on discipline and patience. 
Rather than chasing price or reacting to hype, the strategy is to let the 
market confirm its direction, which helps to avoid unnecessary risk as the 
next move unfolds. A Rejection At $2,400 Resistance Level Analyst Ted 
highlighted that Ethereum made an attempt to reclaim the $2,400 level but 
ultimately failed to do so. This rejection suggests that buyers are still 
struggling to regain control at key resistance, keeping short-term momentum on 
the weaker side. Related Reading: Ethereum Price Loses $2,350 Level, Traders 
Eye Rebound Signals Following the failure, focus is now shifting to the next 
key support zone around $2,250. This level is likely to be tested if selling 
pressure continues, and how the price reacts there will be crucial. A strong 
bounce could stabilize the structure, while a breakdown may open the door for 
a deeper correction. Currently, Ethereum is underperforming relative to 
Bitcoin, which adds another layer of risk. When ETH shows relative weakness, 
it often becomes more vulnerable during broader market pullbacks. As a result, 
even a modest correction in Bitcoin could have a magnified negative impact on 
Ethereum’s price action in the near term. Featured image from Getty Images, 
chart from Tradingview.com

Ethereum Near Key Zone After 36% Gain – What’s Next?

JPMorgan says repeated DeFi hacks, a $20B TVL drop after Kelp’s rsETH exploit, 
and flat ETH‑denominated TVL are souring institutional appetite for onchain 
lending and yield. JPMorgan analysts told The Block that “frequent security 
incidents in DeFi and the stagnation…

JPMorgan: DeFi hacks and flat TVL sour institutional appetite

Geopolitical tensions may escalate, potentially disrupting oil supply routes 
and impacting global energy markets and diplomatic relations.
The post Brent oil tops $105 on unconfirmed Iran parliament speaker 
resignation report appeared first on Crypto Briefing.

Brent oil tops $105 on unconfirmed Iran parliament speaker resignation report

Trump&#8217;s directive may escalate tensions, impacting global oil markets and 
increasing the risk of prolonged military engagement in the region.
The post Trump orders US Navy to shoot vessels laying mines in Strait of 
Hormuz appeared first on Crypto Briefing.

Trump orders US Navy to shoot vessels laying mines in Strait of Hormuz

Qalibaf&#8217;s assertion of regime unity may deter potential aggressors, 
reinforcing perceptions of stability and reducing likelihood of regime change.
The post Iran&#8217;s Qalibaf warns aggressors, asserts regime unity and stability 
appeared first on Crypto Briefing.

Cryptocurrency price in INR