Crypto markets are showing early signs that the worst may be over, following a 
prolonged decline that began with the industry&#8217;s sharp sell-off back in 
October of last year. In a new report shared on social media, technical 
analyst Ali Martinez says the market is now starting to form what he calls a 
structural floor. Next Cycle Setup For Crypto Leaders Martinez’s view is 
rooted in the idea that seven months of heavy volatility may also be creating 
a rare opportunity. For those focused on the longer-term picture, he argues, 
the current turbulence can act as a reset period before the next multi-year 
cycle. Rather than treating the current sell-off as purely negative, Martinez 
suggests it may be setting up the conditions for a new upward phase once the 
market stops bleeding. Related Reading: Adam Back Denies Being Bitcoin Creator 
In Response To NYT: ‘I Am Not Satoshi’ When looking at the “big picture” for 
broader crypto market structure, Martinez points to a metric he says helps 
define the floor: the CVDD Channel, which stands for Cumulative Value Days 
Destroyed. According to his analysis, Bitcoin’s “Golden Zone” is currently 
near $49,330. He claims that historically, entries into this area have tended 
to show up before bull market runs, and he outlines upside targets for what 
could follow—potentially reaching $178,478, and in an even more extended 
scenario, $273,158. The analyst then turns to Ethereum (ETH). Martinez says he 
is watching whether ETH is moving within a parallel channel pattern, and if 
that interpretation holds, he believes the zone between current levels and 
$1,070 could offer a high-conviction entry point. From there, he highlights an 
ecosystem-wide rally scenario with a macro target around $8,670 as the next 
major objective, framing it as a move that would emerge as the broader crypto 
ecosystem matures. Outlook For XRP, SOL, And DOGE For XRP, Martinez focuses on 
a specific support level as the key to determining whether the crypto market 
can stabilize. He says that if XRP can hold support near $0.80, it could 
create a strong “buy the dip” setup, potentially giving traders a chance 
before a later retest of XRP’s all-time high near $3.30 and beyond. Solana 
(SOL) is next, and Martinez suggests SOL may need a broader “generational” 
reset to complete the bottoming process. He argues that the possible low area 
ranges from $74 to $50, describing that band as a total reset of speculative 
“froth.” Martinez characterizes that kind of clearance as a major launchpad 
for the next upward move, implying that the more aggressive the washout, the 
more room there may be for the following leg higher. Related Reading: JPMorgan 
CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats Finally, 
Martinez discusses Dogecoin (DOGE) using what he calls fractal signals. He 
says the memecoin&#8217;s chart structure indicates a coiling phase that often 
appears before the next parabolic move. In that context, Martinez points to a 
zone he believes is where larger, more informed buyers could begin 
accumulating. His range for that buildup is between $0.090 and $0.060, which 
he describes as the area where accumulation could start to intensify ahead of 
a potential upside surge. Featured image from OpenArt, chart from 
TradingView.com

Bitcoin, XRP, And DOGE In Focus: Expert Points To Key Price Reversal In Crypto Market

Wall Street&#8217;s financial advisory machine now has a direct line to Bitcoin. 
Morgan Stanley Investment Management launched its spot Bitcoin exchange-traded 
fund on NYSE Arca on Tuesday, backed by a network of roughly 16,000 financial 
advisors who can steer clients into the product through their standard 
brokerage accounts. Related Reading: Bitcoin Faces Quantum Risk As Bernstein 
Sees 3–5 Year Window For Upgrades First Bank-Affiliated Asset Manager To Cross 
The Line The fund, trading under the ticker MSBT, tracks Bitcoin&#8217;s daily price 
using the CoinDesk Bitcoin Benchmark 4 PM NY Settlement Rate — a pricing tool 
that pulls executed trade data from major Bitcoin spot exchanges to generate a 
standardized settlement figure. While BlackRock and Fidelity already offer 
Bitcoin ETFs, neither is affiliated with a traditional US bank. Morgan 
Stanley&#8217;s entry fills that gap and marks the first time a bank-linked asset 
manager has brought a cryptocurrency product of this kind to market. LATEST: 🏦 
Morgan Stanley launches its Bitcoin ETF on NYSE Arca today, becoming the first 
major US bank to offer a publicly traded spot Bitcoin fund. 
https://t.co/r3un2WaSGs pic.twitter.com/lRV9IOsgEO — CoinMarketCap 
(@CoinMarketCap) April 8, 2026 Eric Balchunas of Bloomberg called it a 
dramatic shift for the industry. Just a few years ago, he said, such a move 
from Morgan Stanley would have been unthinkable. Fees Set Below The 
Competition Morgan Stanley priced MSBT at a 0.14% sponsor fee — a hair below 
Grayscale Investments, which charges around 0.15% for a comparable product. 
It&#8217;s a small difference on paper, but in a market where cost comparisons drive 
investor decisions, even a single basis point can tip the scales. The firm 
says that makes MSBT the lowest-cost Bitcoin ETP currently available among 
comparable offerings. BNY and Coinbase were tapped to handle custody of the 
fund&#8217;s digital assets. BNY also takes on the administrator and transfer agent 
roles, covering accounting, record-keeping, and cash management. The 
combination of a legacy banking giant and a major crypto exchange signals a 
deliberate effort to meet institutional standards from the start. Related 
Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At 
Risk: Analyst Launch Comes Amid Fresh Outflows Across Bitcoin Funds The timing 
is not without friction. Bitcoin ETF products recorded their first week of net 
outflows just before MSBT went live, with close to $160 million pulled from 
these funds. Fidelity and Grayscale saw nearly $48 million and $42 million in 
withdrawals each. Despite the headwind, Morgan Stanley is pressing ahead. MSBT 
joins an ETF platform the firm launched in 2023, which now manages over $12 
billion across 19 products. Adding a Bitcoin fund extends that lineup beyond 
traditional asset classes for the first time. Whether retail investors — 
guided by those thousands of financial advisors — will move in behind it 
remains the open question. Featured image from Unsplash, chart from 
TradingView

Bitcoin ETF Era Expands As Morgan Stanley Debuts On NYSE

CoreWeave’s financing highlights Wall Street’s shift away from volatile, 
hardware-backed crypto lending toward cash-flow-driven AI infrastructure, 
according to TheEnergyMag.

CoreWeave’s $8.5B loan shows how AI is replacing crypto mining finance

With market pricing data currently monopolized by a few players, Pyth seeks to 
democratize access with a pay-on-demand model beginning with seven big-name 
providers.

Pyth Network looks to disrupt data hegemony with new marketplace

A federal appeals court in Washington on April 8 rejected Anthropic’s bid to 
immediately halt the Pentagon’s blacklisting of its Claude artificial 
intelligence (AI) models from U.S. military contracts. Key Takeaways: The D.C. 
Circuit denied Anthropic’s emergency stay on April 8, 2026, allowing the 
Pentagon’s blacklist of Claude AI to remain in force. Pentagon supply […]

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