RaveDAO jumps over 200% while Polkadot, Zcash and Dash slide, underscoring how 
idiosyncratic token stories now dominate a crypto market still digesting macro 
shocks and regulatory risk. RaveDAO (RAVE) is the standout mover in today’s 
crypto session, jumping 207.51% over…

Crypto market splits as RaveDAO soars 200% while Polkadot, Zcash slide

Ethereum may be closer to a major turning point than it appears, as key 
technical signals begin to align. Despite recent weakness, the emergence of a 
death cross, often seen near the end of downtrends, suggests the market could 
be approaching its final phase of capitulation. With historical patterns 
pointing to a nearing bottom, attention is shifting from fear to opportunity. 
Worst-Case Scenario: Final Phase Of The Bottoming Process In outlining a 
worst-case scenario for Ethereum, crypto analyst Sykodelic explained that if 
the market has not yet fully bottomed, it is likely in the final 2%–3% of the 
overall bottoming process. Such a narrow margin suggests that while some 
downside risk may remain, the majority of the correction has already played 
out, placing price action near a potential exhaustion point. Related Reading: 
Analyst Shares ‘Realistic’ Ethereum Price Targets For The Next 3 Years 
Historical behavior tied to the Death Cross on the 3-day chart further 
supports this perspective. In past cycles, Ethereum has either bottomed right 
at the moment of the death cross or very shortly afterward. Only one instance 
deviated slightly, with the market taking additional time before forming a 
final low. A death cross occurs when the 50-day moving average crosses below 
the 200-day moving average, indicating a market that is deeply compressed and 
overextended. While often interpreted as a bearish signal, in many cases, it 
marks the late stages of a downtrend, where selling pressure begins to fade, 
and long-term buyers gradually step in. If Ethereum follows this historical 
pattern under a worst-case scenario, the final bottom could emerge roughly 54 
days after the death cross, placing the projected timing around April 28. 
Expecting a significantly longer bottoming phase would be inconsistent with 
past cycles and may be unlikely, especially considering that the current 
market expansion has been relatively weak. With downside likely limited and 
the bottoming phase nearing completion, the focus increasingly shifts toward 
strategic accumulation rather than panic selling. ETH Struggles Below Key 
$2,300 Resistance Zone According to Chad, Ethereum is still not ready to break 
above the upper daily Bollinger Band and the key horizontal resistance zone 
around $2,300. Price continues to struggle in this region, showing repeated 
signs of rejection, which suggests that bullish momentum remains insufficient 
for a sustained breakout. Related Reading: Ethereum Mirrors A 2023 Setup As 
Buyers Take Control Of Derivatives On Binance So far, market structure is 
unfolding as expected, with key levels being respected on both sides. The 
inability to reclaim the $2,300 zone reinforces the idea that ETH is still in 
a consolidation phase. Attention now shifts to the downside, where a crucial 
confluence area sits around $2,150. This level combines a strong horizontal 
support zone with the 20-day SMA, making it a key level to watch. A breakdown 
below this region could open the door for further downside, while a successful 
hold may signal stability and set the stage for another attempt at higher 
levels. Featured image from iStock, chart from Tradingview.com

Ethereum About To Turn? Death Cross Says Bottom Is Closer Than You Think

The latest crypto signal on Monday morning came not from a chart but from a 
diplomatic report: Iran is considering abandoning uranium enrichment as a 
concession to end the war, a development that lifted bitcoin off its worst 
weekend levels…

Latest Crypto News: Reports Say Iran May Drop Its Nuclear Program and Here Is What That Could Mean for a Bitcoin Rally

Circle CEO Jeremy Allaire says USDC freezes require legal orders, defending 
the firms response to criticism after the Drift exploit.
The post Circle CEO defends USDC freeze policy as criticism grows after Drift 
exploit appeared first on Crypto Briefing.

Circle CEO defends USDC freeze policy as criticism grows after Drift exploit

Hamas&#8217;s strategic shift from resistance to governance signals potential for 
larger conflicts in the region.
The post Ari Flanzraich: Understanding the October 7 attack requires a timeline of Hamas&#8217;s rise, internal Israeli threats signal political shifts, and media critiques reveal gaps in analysis | Tucker Carlson appeared first on Crypto Briefing.

Ari Flanzraich: Understanding the October 7 attack requires a timeline of Hamas’s rise, internal Israeli threats signal political shifts, and media critiques reveal gaps in analysis | Tucker Carlson

Cryptocurrency price in MYR