Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Ethereum Whale Activity Sparks Speculation of Major Price Movement Ahead

In recent times, significant whale activity has been observed in Ethereum . In just the last 48 hours, well-heeled investors have added more than a million $ETH to their portfolios. This notable accumulation, by high-net-worth individuals, has led to rampant speculation that these big players have some sort of insider knowledge or are at least making a very bullish bet on Ethereum ahead of what many hope will be a sharp price rebound. Whales bought 1.10 million #Ethereum $ETH in the last 48 hours! Do they know something we don`t? pic.twitter.com/ucSTelerNC — Ali (@ali_charts) March 6, 2025 Ethereum’s MVRV and Historical Buying Patterns Ethereum’s recent price movements have brought the asset nearer to levels that have offered long-term investors solid returns in the past. Since 2016, buying Ethereum whenever it dips below the Market Value to Realized Value (MVRV) ratio has proved to be a profitable strategy. The MVRV is a metric that compares the current market value of the asset to its realized value. When the Ethereum has traded below the MVRV, it has typically indicated a favorable entry point. The asset provides investors with strong returns in the subsequent market rally. Since 2016, buying #Ethereum $ETH whenever it dips below the MVRV has consistently provided the best returns! pic.twitter.com/7WDpwLkNvn — Ali (@ali_charts) March 7, 2025 Considering this strategy’s historical success, a watching cohort of traders has trained its collective attention on whether the present MVRV dip beneath might just be signaling Ethereum’s next big buying opportunity. Another rumbling factor is the Ethereum whale class. These accumulation-heavy market actors, in seeming concert, have pushed Ethereum prices down to where they are today. Do they see current price levels as a similar value to what they were in the past, expecting another big Ether cycle pay-off? Key Resistance and Support Levels for Ethereum Ethereum’s price chart is currently spotlighting some essential obstacles, with traders and analysts directing their attention toward certain crucial levels. These individuals gauge these levels to try and understand where the next principal price move might occur. The biggest sticking point for Ethereum right now is the resistance zone around $2,460. At this level, 10.95 million holders apprehended 64.52 million ETH. This means there is a buttload of supply at this price point. If Ethereum can punch through this level, it could reignite the somewhat muted bullish momentum that we have seen in this market. The biggest hurdle for #Ethereum is at $2,460, where 10.95 million investors acquired 64.52 million $ETH . Breaking through this level will reignite #ETH bullish momentum! pic.twitter.com/tZLGuOPzrH — Ali (@ali_charts) March 7, 2025 Conversely, as long as Ethereum stays above $2,200, the price could well see a rebound. It’s hovered around there too many times to not consider the $2,200 level a psychological support price in the previous market cycle—and in this one, so far. Since 2016, buying #Ethereum $ETH whenever it dips below the MVRV has consistently provided the best returns! pic.twitter.com/7WDpwLkNvn — Ali (@ali_charts) March 7, 2025 Besides giving off good vibes, the weekly chart’s TD Sequential indicator (a popular technical tool for identifying potential price reversals) has flashed a buy signal for Ethereum. And not just any buy signal, but a decent-for-bulls buy signal that comes with an A13. An A13 buy signal happens when the TD Sequential indicator is showing an apparent imminent price reversal to the upside. And that is what we have in the picture above for Ethereum right now. More specifically, we have a series of consecutive price candles that say this is happening. In terms of trading rebound opportunities, this is a major signal. If Ethereum holds even better than it has until now, at around $2,200, then it could be just about ready for a price push upward. Bullish Potential if Ethereum Breaks $2,350 In the short term, one of the key price levels for Ethereum is $2,350. Should Ethereum manage to regain this price point, analysts think the cryptocurrency could chalk up another significant rally—this time, toward $3,260. The price bands suggest that regaining $2,350 would be a critical move, potentially triggering a strong upward push that might take Ethereum to the next resistance level. The target of $3,260 appears quite achievable when we consider that Ethereum has shown time and again that it can break key price levels and surge upward. For it to get to the target, however, it would need to increase substantially from where it is now. This increase, of course, is what long-time Ethereum bulls are banking on. Ethereum ETF Outflows and Market Sentiment In spite of the favorable technical outlook for Ethereum, the market is addressing some immediate challenges. On March 6, the Ethereum spot exchange-traded fund (ETF) saw a net outflow of $35.89 million. This represents a change in investor sentiment, as big institutional investors seem to be pulling money out of Ethereum-based products. While the outflows do look concerning, they don’t have to signal anything nefarious or a trend that’s going to last for a long time. They could just be short-term market adjustments or profit-taking by institutional players who have been holding onto Ethereum for a long time. On March 6, the Bitcoin spot ETF had a total net outflow of $134 million, which continued for 4 consecutive days; the Ethereum spot ETF had a total net outflow of $35.8867 million. https://t.co/59u0BnEqLG — Wu Blockchain (@WuBlockchain) March 7, 2025 The outflows from Ethereum’s ETF might also signal a shift among institutional investors who are reallocating capital to other assets within the cryptocurrency space or to traditional markets. But, as far as we’re all aware, such reallocations aren’t being driven by any significant negative developments intrinsic to Ethereum itself. Rather, the context here is that Ethereum’s strong fundamentals and the positive signals from both whale activity and the technical picture are, as far as anyone can tell, keeping a strong overall vibes in terms of market sentiment. The Road Ahead for Ethereum Ethereum is currently consolidating around vital support levels, which gives it potential as an opportunity for traders and investors. The effects of the recent ETF outflows are still being mulled over by the market, but on a technical basis, Ethereum has been printing some bullish signals of late. The price recovery that followed a recent dip took Ethereum back to the $2,300–$2,400 zone, where it has been slowly working its way up. As for upside targets, a break above $2,460 could send the price to around $3,260. While Ethereum’s price keeps moving through a set of really important price levels, it’s worth keeping an eye on for any further developments with whale accumulation, ETF flows, and whallicate buying which could drop us some big clues about the next major move. At the moment, the whales remain in buy mode and have been for some time. On top of that, buying below the MVRV continues to be a sign that whatever we might think of price action at the moment, Ethereum is a good asset to buy. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: handmadepictures/ 123RF // Image Effects by Colorcinch Bitcoin World

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Trump Backs Crypto at Historic White House Summit – Here Are the Best Altcoins to Invest in Now

In what’s a truly historic event, the first-ever crypto summit was held on March 7 in the White House. President Donald Trump made some encouraging announcements during the meet that could pave the way for crypto’s next bull run. Firstly, Trump vowed to abolish the long-running ‘Operation Choke Point 2.0,’ which has crippled the growth of crypto start-ups within the country. The erstwhile government used this to weaponize banks and pressure them into closing the accounts of businesses engaged in crypto. This not only hindered the growth of crypto in the States but also drove away new-age businesses to other crypto-friendly countries. Just hours after this announcement, the US Office of the Comptroller of the Currency (OCC) issued a document confirming that financial institutions would not require any ‘supervisory nonobjection’ to deal in crypto. This will reduce the burden on banks and help combat Operation Choke Point 2.0. Launch of a Bitcoin Reserve Another major announcement was the launch of a stable Bitcoin reserve, which will be formed out of Bitcoins already held by the US government. The reserve, being called the ‘digital Fort Knox for digital gold,’ will contain Bitcoins that were forfeited during criminal or civil cases and will not involve any fresh buying. The fact that this reserve doesn’t hint at any new crypto purchases was probably why $BTC prices did not react much to the news and stayed flat. However, a long-term federal confidence in the digital asset is undoubtedly a huge boost to the entire crypto market. From this day on, America will follow the rule that every Bitcoiner knows very well: never sell your Bitcoin – Donald Trump Plans to Create a US Crypto Stockpile Trump also showed intentions of the US government wanting to build a long-term US crypto portfolio consisting of not only Bitcoin but also other digital assets, such as Solana, XRP, Cardano, and Ethereum. A good thing is that none of these reserves would dig into taxpayer money – only seized digital assets would make up the entirety of the fund. It’s also worth noting that Trump has been quite vocal about his support for crypto ever since his campaigning days. During the summit, too, he promised more crypto-friendly legislative support, which would aim to establish a strong regulatory framework for the industry. With increasing legislative support, more crypto businesses are expected to join the US economy. All in all, the upcoming four years could be a golden period for crypto investors. If you’re looking to cash in big, here are some of the best altcoins to invest in right now . 1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy for Rallying Behind Bitcoin’s Growth Trump’s latest announcement of a strategic Bitcoin reserve, followed by the digital gold’s inclusion in a US Crypto Reserve last week, is another major push for Bitcoin. Combined with the fact that $BTC is taking support at the 200 EMA, the upcoming months could see the OG crypto reach for new highs and turn a lot of portfolios green. What if we tell you there’s a better, more profitable way to invest in Bitcoin’s growth? Enter BTC Bull Token ($BTCBULL) . $BTCBULL is a meme coin that will directly benefit from Bitcoin’s historic run to $1M. That’s because it’s the ONLY crypto on the market that plans to give out free $BTC to token holders. These $BTC airdrops will occur every time Bitcoin reaches a new landmark number, such as $150K, $200K, and $250K. All you have to do is buy and HODL $BTCBULL tokens in Best Wallet . Launched in mid-February, the BTC Bull Token presale has made a prolific start. It has already amassed over $3.3M so far, offering each token for just $0.0024. But interested investors should hurry up because prices increase in just a couple of days. 2. Solaxy ($SOLX) – Solana Altcoin Solving Network Scalability Issues Although Solana saw an impressive upmove of nearly 25% right after the announcement of Trump’s US Crypto Reserve, the futuristic crypto is back again in the red for this week. It fell 36% in February, too. What’s the issue with Solana, you ask? Overcrowding. Ever since the successful launch of $TRUMP and Pump.fun, Solana has been battling with scalability issues. Transactions are either taking ages or failing to go through. Seeing as Solaxy ($SOLX) will build the first-ever Layer 2 solution on Solana, it’s no wonder why experts are predicting it to be the next crypto to explode . By executing transactions on a sidechain, Solaxy will reduce the burden on Solana’s mainnet. Additionally, it will process transactions in bulk (rather than one by one), meaning users will also be able to benefit from lower fees. Also, let’s not forget that Solaxy is one of the five cryptos to have been included in Trump’s US Crypto Reserve. The good news keeps coming, as $SOLX has also shown great investor interest during its ongoing presale. With over $25.4M in its presale kitty at the time of writing, Solaxy is easily among the best crypto presales in the last few years. 1 $SOLX is currently available for only $0.001656 – here’s how to buy it . 3. Cardano ($ADA) – One of the Top 5 Cryptos in the World Right Now Cardano’s call-up to the Crypto Reserve saw it rise by over 60% in less than 24 hours. Also, unlike $BTC and $ETH that are struggling to break higher, $ADA now looks poised for massive growth. In fact, our analysis suggests that it could reach as high as $3.10 in 2025. Check out our full Cardano 2025 price prediction for more details. Cardano is a decentralized proof-of-stake (PoS) blockchain that’s not only more energy efficient but also more scalable than Bitcoin thanks to its use of a peer-reviewed tactic for developing the network. Currently trading at around $0.80 , $ADA is undoubtedly one of the best cheap cryptos you can consider buying. Debut White House Crypto Summit: Small but Significant Moves Although the historic crypto summit didn’t announce anything out of the ordinary, which is also why the markets didn’t react much to it, the confirmed abolishment of regulatory struggles and the US government wanting to become a crypto superpower could very well be the foundations of an upcoming rally. With that said, the current market situation demands extra caution. Buying the dip is a notoriously difficult task, after all. We suggest only investing an amount that won’t give you sleepless nights, as well as doing your own research and due diligence. Also, kindly be informed that the above article isn’t financial advice. Bitcoin World