While Ethereum (ETH) is at a pivotal crossroads, some analysts suggest that a 
reclaim of a key resistance could open the door to a massive breakout. 
However, others have raised questions about the altcoin’s next move amid the 
recent market volatility and weak signals. Related Reading: Bitcoin Faces 
‘Most Critical Week In Months’ Amid $76,000 Retest – Should Investors Worry? 
Ethereum Breakout: ‘A Matter Of When’ Ethereum has found a new price range 
after turning the $2,250 level into support during the April market recovery. 
The cryptocurrency has been trading between the $2,250-$2,400 levels over the 
past few weeks, reaching a three-month high of $2,465 on April 17. In an X 
post, analyst Michaël van de Poppe highlighted ETH’s recent performance, 
asserting that its upward price pattern held, despite the price being rejected 
from the $2,400 resistance, a key psychological and technical barrier that has 
stopped prior rallies. As he explained, “Structure remains intact, and 
multiple resistance tests have failed to break through, suggesting a breakout 
is looming.” To him, a breakout from the local resistance area is “a matter of 
when (…) and not if.” The analyst recently stated that the King of Altcoins 
could be “about to follow Bitcoin in the path upwards,” which would open the 
gate for a retest of the next crucial resistance around the $2,700 area. 
Meanwhile, market observer Ali Martinez shared an analysis based on the MVRV 
pricing bands, noting that Ethereum has been attempting to reclaim its 
Realized Price, currently at $2,335, as support. He explained that 
successfully turning this level into a support floor is a “standard technical 
prerequisite” for a sustained rally, and reclaiming the cost basis has 
historically helped build the momentum to reach the 2.4MVRV pricing band at 
the $5,600 mark. According to the post, ETH needs continuation of the strength 
seen during the early April recovery rally to reclaim its Realized Price and 
open the gates to a 140% rally over time. “If ETH can claim this $2,335 level 
and establish it as a support floor, it creates the structural conditions to 
target that upper $5,600 band,” he affirmed. ETH Weakness Risks 17% Correction 
On Wednesday morning, Ethereum attempted to recover from the start-of-the-week 
price drop and reclaim the $2,300 area. Amid this performance, Crypto Batman 
highlighted that ETH had broken down from a two-week pennant pattern after 
losing the $2,320 support line, suggesting that the short-term trend had 
shifted bearish. The analyst cautioned that failing to reclaim the bullish 
trendline and the bearish FVG would open the door for lower levels. Similarly, 
Ted Pillows warned that Ethereum has shown weakness amid the current rally, 
highlighting that it needs to reclaim the $2,400 area for a strong 
continuation. On the contrary, failure to reclaim this level risks turning the 
current pump into exit liquidity, he affirmed, potentially triggering another 
sharp pullback. The market watcher also stated that ETH could see a 
considerable decline over the next few days due to Wednesday’s FOMC meeting. 
Related Reading: Bitcoin Set For $88,000? Analysts Forecast May Breakout After 
Key Weekly Close Notably, the King of Altcoins has retraced after each meeting 
since October 2025, dropping 17% to 42% in the following days. After today’s 
meeting, the altcoin fell to a two-week low of $2,220, recording a 5% intraday 
drop before slightly recovering. If history repeats itself, Ethereum could 
lose the $2,200 support and potentially target the $2,000 psychological 
barrier for the first time in a month. Featured Image from Unsplash.com, Chart 
from TradingView.com

Ethereum Poised For $140% Rally If This Resistance Flips – Analyst Calls Breakout Inevitable

The review of US troop levels in Germany could signal a strategic shift 
impacting geopolitical stability and market dynamics.
The post Trump reviews US troop levels in Germany amid Iran standoff appeared 
first on Crypto Briefing.

Trump reviews US troop levels in Germany amid Iran standoff

The merger could reshape the crypto landscape by consolidating financial 
services and mining, but market sentiment remains skeptical.
The post Tether proposes merger of XXI, Strike, Elektron Energy into public 
entity appeared first on Crypto Briefing.

Tether proposes merger of XXI, Strike, Elektron Energy into public entity

Amazon&#8217;s potential entry into AI hardware sales could disrupt NVIDIA&#8217;s market 
dominance, prompting shifts in investor confidence and market dynamics.
The post Amazon eyes AI hardware sales as Nvidia market cap odds shift 
appeared first on Crypto Briefing.

Amazon eyes AI hardware sales as Nvidia market cap odds shift

Lula&#8217;s weakened coalition may hinder legislative success and embolden 
opposition, affecting Brazil&#8217;s political landscape ahead of 2026.
The post Brazil Senate rejects Lula&#8217;s Supreme Court nominee, impacting 2026 
election strategy appeared first on Crypto Briefing.

Brazil Senate rejects Lula’s Supreme Court nominee, impacting 2026 election strategy

The Bitcoin price is currently sitting on a key support trendline that could 
determine its next major move. According to a crypto analyst, a breakout from 
this level could lead to two possible scenarios. On the bullish side, the 
cryptocurrency could extend its recent price recovery and push higher. 
However, in a bearish scenario, the analyst predicts a steep decline, with 
price possibly revisiting $68,000. Given the significance of this trendline, 
analysts and traders are closely watching to see how Bitcoin will react here. 
Bitcoin Price Sits At Critical Make Or Break Trendline Crypto market analyst 
Ardi has presented another compelling Bitcoin price analysis on X. However, 
this time, he has outlined two potential price scenarios for the flagship 
cryptocurrency. While others believe that Bitcoin may have entered bullish 
territory following its surge above $79,000, Ardi still maintains a cautious 
stance even as he projects possible bullish scenarios. Related Reading: 
Bitcoin Has Entered A Bull Market And Will Continue To Rise; Analyst Shares 
Why In his post, Ardi noted that the Bitcoin price is currently sitting at a 
critical technical area where two key support levels are converging. He said 
that these supports include an established ascending trendline pointing toward 
$79,418 and a liquidity zone around the $77,300 level. According to him, this 
ascending trendline has guided Bitcoin’s price action since it reached $65,000 
in early April. The chart also clearly shows that every major swing high 
within BTC’s latest recovery has respected this trendline, making it a 
consistently tested support area throughout the upward move. As a result, Ardi 
emphasized that this trendline has become a critical zone for the market to 
watch, especially as Bitcoin is now approaching a decisive point where price 
could either break above or below the support. He also noted that every rally 
since the $65,000 level was gained from key liquidity zones found on this 
ascending trendline. Because of this, he believes that as long as the 
trendline holds, Bitcoin’s broader bullish structure will remain intact. 
Moreover, if the cryptocurrency can break above the trendline at $79,410, it 
could extend its move higher. Analyst Predicts Possible Price Flush To $68,000 
For his bearish outlook, Ardi explained that if Bitcoin loses the $77,300 
support level, it could mark the first clear breakdown toward a decline to 
lower levels. He noted that this would invalidate BTC’s bullish structure and 
signal a major shift in momentum. Related Reading: Analyst Predicts Bitcoin 
Price Is Going To $200,000, Reveals When To Buy From there, he expects BTC’s 
price to move into deeper liquidity pockets below current levels. He pointed 
to a potential healthy retest around $76,000, followed by a pullback near 
$73,600 if selling pressure persists. If Bitcoin breaks this area, he believes 
that the cryptocurrency could turn bearish, potentially driving the price back 
toward $68,000. Featured image from Pixabay, chart from Tradingview.com

Cryptocurrency price in SAR

Market Overview