Ethereum, being the second-largest cryptocurrency by market cap, has often 
drawn a lot of attention as the next in line to replicate Bitcoin’s success. 
But despite Bitcoin rallying to new all-time highs, Ethereum has stayed below 
$5,000, unable to hit this major target. This has not deterred investors, 
however, with analysts still predicting that the Ethereum price will 
eventually beat the $5,000 mark and rally toward 5-figures in the end. Why 
Ethereum Price Could Cross $5,000 Following the initial decline from the 
$4,900 high that was registered back in 2025, the Ethereum price was stuck in 
an accumulation range. This continued as the price decline deepened and 
Ethereum fell more than 50% from its all-time highs. However, with the recent 
turn in the tide, it seems that the digital asset is now emerging out of this 
accumulation trend. Crypto analyst Javon Marks points this out in an analysis 
shared on the X (formerly Twitter) platform, showing how this could play out 
for the cryptocurrency. Related Reading: Analyst Says Ignore The Noise, 
Dogecoin Is Still In The Game, And This Is Why Presently, the Ethereum price 
looks to be marking its support above $2,000, and this has set the stage for a 
bounce-off rally. According to the crypto analyst, this current trend suggests 
that Ethereum is actually breaking out of the accumulation trend. This, in 
turn, sets this digital asset on a course toward breaking $4,900. The story 
doesn’t end there because Marks highlights that the implications of the 
Ethereum price breaking above $4,900 are very bearish. In the case of a break 
above this major resistance, then the crypto analyst sees the ETH price 
eventually rallying to $8,500. Bull patterns that hold in $ETH hints at a push 
towards the $4,900 levels again and that may only be part of prices exiting a 
huge accumulation phase. Prices reach those levels and the next we’re looking 
at is above $8,500. (Ethereum) https://t.co/Ik7znLXZQb — JAVON⚡️MARKS 
(@JavonTM1) March 17, 2026 Metrics Are Itching For A Surge Besides the price, 
there has also been a major increase in the Ethereum open interest. Data from 
the Coinglass website shows a jump from around $25 billion last week to over 
$32 billion this week. It also coincides with the price increase, suggesting 
that investors may be coming back to the table. Related Reading: Top Meme 
Coins That Could Still Surge Despite Dogecoin, Shiba Inu Dominance Also, the 
daily trading volume is also on the rise, reaching over $89 billion earlier in 
the week. Following the correction, the daily volume has fallen, but remains 
above $50 billion, which also indicates a lot of interest coming back into the 
market. If this trend continues, then the ETH price could continue to surge, 
but with major resistance lying at $3,000, it remains to be seen if bears will 
give up totally. Featured image from Dall.E, chart from TradingView.com

Ethereum Price Is Headed For $8,500 If This Happens

Ethereum price has fallen by over 35% since the beginning of this year. 
However, a bullish pattern forming on charts now suggests a potential bounce 
back to earlier levels if confirmed. According to data from crypto.news, 
Ethereum (ETH) price was…

Ethereum price forms a large cup and handle pattern, eyes upside to $3,000 on breakout

The Sui Foundation has introduced Hashi, a decentralized primitive designed to 
enable compliant, BTC-backed lending and yield opportunities for institutional 
and retail participants. On 19 March 2026, the Sui Foundation announced the 
upcoming devnet launch of Hashi, a Sui-based primitive that integrates native 
bitcoin ( BTC) into onchain financial services. Industry giants including 
Bitgo, Bullish, […]

Sui Foundation and Industry Giants Launch Hashi Bitcoin Finance Primitive

Data shows the Bitcoin perpetual futures market has seen a negative Funding 
Rate recently, suggesting a bearish sentiment is dominant. Bitcoin Perpetual 
Futures Traders Are Betting On The Short Direction As highlighted by Glassnode 
analyst Chris Beamish in an X post, the Bitcoin perpetual futures Funding Rate 
has been negative recently. The &#8220;Funding Rate&#8221; here refers to an indicator 
that measures the amount of periodic fee that traders on the various 
centralized derivatives exchanges are paying each other right now. Related 
Reading: Bitcoin Demand Heats Up: Coinbase Premium Green For 25 Straight Days 
When the value of the metric is positive, it means the long holders are paying 
a premium to the short ones in order to hold onto their positions. Such a 
trend implies a bullish sentiment is shared by the majority. On the other 
hand, the indicator being under the zero mark implies the shorts outweigh the 
longs and a bearish mentality is the dominant force in the perpetual futures 
market. Now, here is the chart shared by Beamish that shows the trend in the 
3-day moving average (MA) of the Bitcoin Funding Rate over the past few 
months: As displayed in the above graph, the 3-day MA of the Bitcoin Funding 
Rate was positive earlier even as the cryptocurrency&#8217;s price went through a 
bearish shift. This suggests that perpetual futures traders were trying to bet 
on a market reversal back to a bullish trend. In March so far, BTC has found 
some stability and made some recovery, but from the chart, it&#8217;s visible that 
the market expectations have now flipped, with shorts instead dominating. This 
also didn&#8217;t change during BTC&#8217;s recent rally above $75,000. Generally, the 
side of the market that&#8217;s stronger is more vulnerable to mass liquidation 
events. As such, while the long investors were getting squeezed during the 
downtrend, it could be the short ones who might be at risk now. In some other 
news, Glassnode has revealed in its latest weekly report how a supply gap 
exists between the $72,000 and $82,000 levels on the UTXO Realized Price 
Distribution (URPD). The URPD tells us about the total amount of supply that 
was last moved at the various price levels visited by Bitcoin in its history. 
From the chart, it&#8217;s apparent that this indicator shows a chasm near the 
recent price levels, implying not a lot of supply has cost basis there. 
Related Reading: Bitcoin Long-Term MVRV Remains In ‘Opportunity’ Zone: Data 
Generally, supply walls above the spot price act as resistance levels as 
investors exit at their break-even level fearing price pullbacks. Though, 
while there isn&#8217;t much in the way of this on-chain resistance until $82,000, 
BTC&#8217;s recent attempt to get through the range still ended up in failure. BTC 
Price Bitcoin has dropped back to the $70,400 level following its latest 
retrace. Featured image from Dall-E, chart from TradingView.com

Bitcoin Bearish Positioning Persists As Funding Rates Hold Negative

Apex Group and Coinbase Asset Management have debuted a tokenized bitcoin 
yield fund on the Base network to modernize fund distribution. On 19 March, 
2026, Apex Group Ltd and Coinbase Asset Management (CBAM) announced the launch 
of the tokenized Coinbase Bitcoin Yield Fund on the Base blockchain. This 
collaboration utilizes the ERC-3643 permissioned token standard […]

Cryptocurrency price in SAR