1 days ago
New data from the market intelligence platform Santiment indicates that Ethereum ( ETH ) may be on the cusp of a breakout. In a new strategy session, the crypto analytics firm says one metric that historically precedes a recovery for the top altcoin is flashing bullish. According to Santiment, Ethereum’s operation fees are currently at a low, which tends to precede a price rebound for the second-largest digital asset by market cap. “From a trading perspective, historically low fees like this will often precede price rebounds, making buys at these levels generally considered to be lower risk than usual. Generally, fee levels under $1 are a pretty promising sign that the crowd has become disinterested. Just remember that there is no set guaranteed ‘bottom’ or ‘top’ level every time fee costs breach below or above a certain level.” Source: Santiment Santiment’s chart shows that the last time ETH fees were near this price back in October 2023, ETH shot straight up afterwards, going from a price tag of about $1,600 to over $4,000 in March 2024. However, once ETH’s trading fees peaked at over $15 after it rose at that time, its price started dipping again. Santiment goes on to note that retail traders are writing off the largest smart contract platform by volume, another sign that it’s about to skyrocket. “Overall, Ethereum has been largely written off by the crowd. Several traders have given it a meme status as other top caps (like XRP and Cardano) enjoyed major breakouts themselves over the past year. But remember that the more the retail community leans away from an asset (especially one with still thriving development), the higher the likelihood of an eventual surprise rebound with little resistance.” Ethereum is trading for $1,572 at time of writing, a 1.2% decrease on the day. At the start of the year, it was valued at $3,348. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Ethereum Metric That Historically Precedes Price Rebounds Is Flashing Bullish, Says Analytics Firm Santiment appeared first on The Daily Hodl .
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Ethereum Trading bull market Crypto ETH News Santiment trading
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.
Crypto Analyst Issues Urgent Bitcoin Alert, Says BTC ‘Definitely’ Primed To Go Lower – Here Are His Targets
A widely followed cryptocurrency analyst and trader believes that Bitcoin ( BTC ) is not yet out of the woods despite rising from a 2025 low of around $74,000. The analyst, pseudonymously known as the Flow Horse, tells his 267,200 followers on the social media platform X that he believes Bitcoin will revisit price levels below $80,000. But the trader says the current Bitcoin bounce could take BTC above $90,000 before his expected leg down ensues. “Think BTC definitely visit $70,000s again. Think a good trade that I would almost certainly sell is if price can remain bid at $88,000. That probably takes us to mid-$90,000s. There is a running diagonal, and a couple of moving averages that everyone is looking at. Momentum opportunities exist on the other side.” The trader also highlights that if President Trump somehow manages to fire Federal Reserve Chair Jerome Powell, it would be catastrophic for risk assets like Bitcoin and crypto. “Given Trump’s language, if by some measure he is able to boot Powell (Think this might be impossible, but man, clown world right now..) markets nuke.” The Flow Horse also says he has zero exposure to Bitcoin or equities and thinks that the current rallies will be short-lived. “Thinking the trend is your friend and rallies are for selling still.” Bitcoin is trading at $84,490 at time of writing. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Analyst Issues Urgent Bitcoin Alert, Says BTC ‘Definitely’ Primed To Go Lower – Here Are His Targets appeared first on The Daily Hodl . The Daily Hodl
Lyn Alden Suggests Bitcoin May Thrive in Conditions Similar to Pre-2008 Financial Crisis
Bitcoin’s potential for price growth shines amidst looming economic challenges, underscored by insights from macroeconomist Lyn Alden. Alden points to historical patterns, suggesting that a repeat of the pre-2008 financial The Daily Hodl
