Bitcoin and most altcoins rose on Monday, June 16, as fears surrounding the ongoing Israel–Iran conflict subsided and accumulation continued. Bitcoin (BTC) jumped to $107,000, its highest point since June 12, while the market capitalization of all cryptocurrencies rose to…

Here’s why Bitcoin and altcoins are rising today

Bitcoin crossed $108,800 in Monday trading while cardano ( ADA) posted the 
largest gain among the top non-stablecoin digital assets. Crypto Market 
Rebounds, Bitcoin Holds Strong Above $108K Bitcoin rose 2.85% over the past 24 
hours, trading at $108,565 per coin with a daily volume of $47.2 billion. 
Ethereum ( ETH) followed with a 3.94% […]

Top 10 Cryptos Rise, Led by BTC, ADA and XRP

U.S. stocks bounced back into positive territory as crude prices plunged more 
than 4% in the past 24 hours and have now slid 8.74% since June 12. Analysts 
at Deutsche Bank note that oil’s trajectory could oscillate unpredictably in 
the months ahead. $76 to $70: Crude Collapses as Nuclear Talks Stall While 
much attention remains […]

Oil Crashes 8.7% From Last Week’s Peak as Middle East Tensions Rattle Markets

Ethereum has remained in a volatile consolidation phase, trading between the 
$2,400 and $2,800 levels as geopolitical tensions weigh heavily on global 
markets. After last week’s failed breakout above resistance, ETH has retraced 
yet again, struggling to build sustained momentum. The ongoing conflict 
between Israel and Iran has intensified market uncertainty, contributing to 
spikes in volatility across risk assets, including cryptocurrencies. Related 
Reading: Ethereum Weekly Candle Hints At Pre-Tower Top Formation – Details 
Despite the macro headwinds, Ethereum bulls continue to defend key support 
levels, preventing a deeper breakdown. The $2,400 zone has acted as a strong 
floor in recent weeks, absorbing sell pressure and keeping ETH within its 
current trading range. Meanwhile, the $2,800 resistance remains the major 
hurdle to reclaim for a bullish breakout scenario. Top analyst Jelle shared a 
technical outlook suggesting that Ethereum is still consolidating below a key 
resistance area. This structure indicates that ETH is coiling before its next 
major move. The window for a potential breakout narrows as price tightens 
within this established range. Ethereum Prepares To Move Ethereum has pushed 
into a critical price zone, with bulls attempting to hold the $2,600–$2,700 
range after recent volatility. The asset has shown resilience, rebounding from 
last week’s lows and re-entering the mid-range of its multi-week 
consolidation. With price action once again approaching the $2,800 resistance 
level, market participants are eyeing a potential breakout that could open the 
door to $3,000 and beyond. Analysts remain divided. On one side, bullish 
momentum and improving market sentiment suggest ETH is preparing for a larger 
move. A confirmed breakout above $2,800 would likely trigger aggressive buying 
and initiate a broader altcoin rally. Many investors are positioning 
themselves in anticipation of a rotation from Bitcoin into high-beta assets 
like Ethereum, hoping to ride the next phase of the cycle. On the other side, 
caution persists. Some technical analysts argue that Ethereum may still be at 
risk of losing steam, especially if the price gets rejected again at 
resistance. A failure to maintain the current range could result in a 
retracement toward $2,400 support or even lower, shaking out weak hands. 
According to a recent technical update from Jelle, Ethereum remains locked in 
consolidation just below its key resistance zone. The analysis points to a 
tightening structure where the window of opportunity is closing. If ETH breaks 
above this zone, it could ignite fireworks across the altcoin market. With 
global uncertainty still present and traders closely watching resistance 
levels, Ethereum’s next move could define the pace of the broader market. 
Whether it’s a breakout or a breakdown, the coming days are likely to be 
pivotal. Related Reading: Bitcoin Tests Critical $104K Support – Eyes On $97K 
If It Breaks ETH Price Action: Technical Details Ethereum is currently trading 
at $2,606, maintaining a tight consolidation range between $2,400 and $2,800 
as shown in the 12-hour chart. After multiple rejections around the $2,800 
zone, the asset is struggling to break through this resistance level 
decisively. Despite the volatility triggered by macroeconomic uncertainty and 
Middle East conflict, ETH has managed to defend the $2,500 area, supported by 
a rising 100-period moving average. The recent bounce from the lower end of 
the range suggests that bulls are still active, stepping in to defend critical 
structure. However, volume remains relatively muted, indicating that buyers 
are cautious and awaiting confirmation before initiating larger positions. 
Meanwhile, the 50-period moving average remains above the 200-period MA, 
hinting at a medium-term bullish bias if support continues to hold. Related 
Reading: Ethereum Holds $2,500 Support – History Signals $4,000 As Potential 
Target The yellow horizontal zone marks the key resistance Ethereum must clear 
to trigger a sustained move higher, with a clean break above $2,800 likely 
igniting upside momentum toward $3,000. If the range breaks to the downside, 
the $2,400 zone is the next level to watch for demand. Featured image from 
Dall-E, chart from TradingView

Ethereum Consolidation Continues – Altseason May Follow A Clean Break Above Resistance

Bitcoin gains momentum as spot BTC ETF inflows and stable derivatives data 
offset investors’ war and inflation concerns.

Bitcoin marches toward new highs as traders shrug off war and inflation fears

As Justin Sun’s TRON enters into a $210 million reverse merger with SRM 
Entertainment, Eric Trump has publicly distanced himself from Dominari 
Securities, the firm brokering the deal. The Trump-linked bank’s role is 
drawing scrutiny amid Sun’s expanding investments in…