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Ethereum currently rests at a notable support region near $3.2K, with market participants closely observing the potential for a bullish rebound. The Funding Rates metric offers valuable insights into the sentiment within the perpetual futures markets, helping to gauge the likelihood of a recovery. Technical Analysis By Shayan The Daily Chart Ethereum has seen consistent declines following its rejection at the $4K resistance level, indicating the dominance of sellers. Most recently, another sharp decline pushed the price toward a substantial support zone, defined by the 100-day moving average of $3.1K. This dynamic support is critical as demand concentration near this region is expected to curb downward momentum, with a bullish rebound being plausible if buying interest emerges. Currently, ETH is trapped between the 100-day MA ($3.1K) and the $3.5K resistance level, forming a tight consolidation range. A decisive move in either direction will likely determine the mid-term trend. The 4-Hour Chart On the 4-hour timeframe, Ethereum broke down from an ascending wedge pattern, a bearish structure that typically signals further declines. This breakdown triggered a swift sell-off, pushing the price toward a support zone defined by the 0.5-0.618 Fibonacci retracement levels. This support zone has the potential to stabilize the price and possibly initiate a short-term bullish rebound. However, persistent bearish pressure could result in a break below this line, intensifying the downtrend. If Ethereum breaches this critical support zone, it may trigger panic selling, further strengthening sellers’ dominance. Conversely, a sustained rebound could pave the way for a recovery toward the $3.5K resistance level. Onchain Analysis By Shayan Examining the chart, the recent market correction has coincided with a significant decline in funding rates. This shift suggests growing bearish sentiment among speculators, with many traders betting on further decreases in ETH’s price. However, upon reaching the substantial support zone at $3K, the Funding Rates metric has started to show signs of recovery. A notable bullish spike in the metric suggests an influx of buying interest as market participants begin to open long positions in anticipation of a price rebound. If this recovery in funding rates continues, it could indicate sustained demand and the potential for a bullish rebound from the $3K support. On the other hand, if the current recovery loses momentum or reverses, it would signal a return to bearish sentiment, paving the way for a deeper correction. The post Ethereum Price Analysis: What’s Ahead for ETH After a 9% Weekly Dip? appeared first on CryptoPotato .
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The 5 Best New Meme Coins to Buy and Hold for the Long Term Feature the Ever-Enthusiastic Bulls Squad!
Meme coins have evolved from simple internet jokes into unbelievable investment opportunities, with some coins turning casual holders into overnight millionaires. Their community-driven ethos, quirky branding, and explosive potential keep them buzzing in the crypto space. But which meme coins are worth holding long term? We’ve scoured the scene to bring you the best new meme coins to buy and hold for the long term—and this list kicks off with one of the most energetic crews in the game: the Bulls Squad! BTFD Coin, a fast-rising star, is turning heads with its electrifying presale performance. Currently in its 13th stage, BTFD Coin has raised over $5.1 million, with more than 63 billion tokens sold to a community of over 8,000 Bulls. The coin’s ecosystem is anchored by its vibrant Bulls Squad —a group of characters that embody the project’s fun yet strategic ethos. Let’s dive into the top 5 meme coins making waves, starting with the one leading the charge: BTFD Coin! 1. BTFD Coin: The Bulls Squad Brings the Heat! BTFD Coin is more than just another meme coin; it’s a movement powered by its iconic Bulls Squad. Meet the stars: Baby Bull, who symbolizes early adopters with big dreams; Raging Bull, a rallying force for market recoveries; Nerdy Bull, the analytics wizard guiding strategic investments; and Peoples Bull, the community unifier. Together, these characters bring unmatched energy and personality to the BTFD ecosystem. Beyond the Bulls Squad, BTFD Coin boasts a thriving presale, affordable entry prices, and features like 90% APY staking and a Play-to-Earn (P2E) game. Its roadmap is community-centric, promising high rewards and consistent growth opportunities for its holders. Why this meme coin made it to this list: BTFD Coin combines a vibrant community, unique branding, and serious earning potential. Its presale success and ecosystem innovations make it a standout among the best new meme coins to buy and hold for the long term. 2. Pudgy Penguins: Waddling to Success Pudgy Penguins started as an NFT collection but has since expanded into a full-fledged crypto ecosystem. With over 50 billion social media views and products hitting the shelves of major retailers like Walmart and Target, Pudgy Penguins is more than a meme—it’s a cultural phenomenon. Their native token, PENGU, recently launched on Solana with plans to expand to Ethereum. Boasting a supply of 88.88 billion tokens, PENGU has already captivated both NFT enthusiasts and traditional crypto investors alike. Why this meme coin made it to this list: Pudgy Penguins seamlessly blends NFT charm with token utility, positioning itself as a long-term player in the crypto world. Its track record of brand expansion and innovative approach to blockchain integration earns it a spot here. 3. Fartcoin: The Funniest Coin in Crypto Yes, you read that right. Fartcoin is making waves for its unapologetically humorous branding and a community that thrives on laughs. But don’t let its name fool you—Fartcoin is serious about providing real-world utility. Fartcoin supports low-cost transactions and features an auto-burn mechanism to reduce supply over time, enhancing its value. Its active community drives consistent engagement, ensuring Fartcoin stays relevant in a crowded market. Why this meme coin made it to this list: Fartcoin proves that humor and profitability can coexist. Its quirky appeal and sustainable tokenomics make it a worthy addition to your portfolio of the best new meme coins to buy and hold for the long term. 4. Osaka Protocol: Bridging the East and West Inspired by Japan’s rich culture and technological prowess, Osaka Protocol combines blockchain efficiency with meme coin creativity. This Ethereum-based token focuses on bridging the gap between traditional finance and DeFi, making it a unique entry in the meme coin universe. Osaka Protocol also leverages smart contracts for automated staking rewards and has an ambitious roadmap that includes decentralized apps (DApps) and partnerships in the gaming industry. Why this meme coin made it to this list: Osaka Protocol stands out for blending cultural homage with cutting-edge tech. Its global appeal and strong development team ensure long-term viability, solidifying its place among the best. 5. Bone ShibaSwap: A Solid Shiba Inu Spin-Off As a key part of the Shiba Inu ecosystem, Bone ShibaSwap offers more than just meme appeal. Bone powers Shibarium, the layer-2 blockchain solution designed to enhance scalability and lower transaction costs for Shiba Inu users. With a total supply of 229 million tokens, Bone is used for governance, giving holders a voice in the Shiba Inu ecosystem. Its utility and connection to an already established community make it a strong contender for long-term investment. Why this meme coin made it to this list: Bone ShibaSwap leverages the massive Shiba Inu community while introducing meaningful utility, making it an excellent choice for anyone seeking the best new meme coins to buy and hold for the long term. Final Thoughts: Bulls, Laughs, and Long-Term Gains From the exciting presale performance of BTFD Coin to the cultural relevance of Pudgy Penguins, this list showcases meme coins that are more than just hype—they’re packed with potential. The Bulls Squad makes it a standout option for those looking to invest in a community-driven and feature-rich project. Don’t miss the opportunity to become a Bull yourself! Join the BTFD Coin presale today and secure your stake in what could be the next meme coin phenomenon. The Bulls Squad is waiting—don’t let this opportunity pass you by! Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Crypto Potato
Solana’s Price Action Shows Potential for Recovery Amid Technical Indicators and Key Support Levels
Solana’s recent price action suggests a promising bullish trend as it bounces back from a key support level, indicated by Fibonacci retracement analysis. The altcoin’s technical metrics show resilience with Crypto Potato
