4 hours ago

This bullish setup maps Ethereum’s price roadmap to $7,400 in 2025

Ethereum ( ETH ) is charting a bullish course, with technical indicators hinting at a potential rally. According to a recent analysis by Titan of Crypto , Ethereum appears to be forming a potential Inverse Head and Shoulders (H&S) pattern within an upward channel, with a target of $7,400 in sight. If confirmed, this pattern could signal the beginning of a significant upward move in the coming months. However, at press time, Ethereum is trading at $3,223, reflecting a daily decline of 1.96% and a weekly drop of nearly 3%, indicating the current market uncertainty. Ethereum technical analysis paints a bullish picture The inverse Head and Shoulders pattern, a widely recognized bullish reversal structure, is becoming increasingly apparent in Ethereum’s current price action. The neckline, which serves as a critical resistance level, is positioned above the current price near $4,000. Ethereum price analysis chart. Source: Titan of Crypto / X A decisive breakout above this neckline, backed by substantial trading volume, could validate the pattern and set the stage for a significant upward move. Further supporting this bullish narrative, the Fibonacci extension at 127.20% points to a target of $7,442, aligning closely with the projection from the H&S setup. Since early 2023, Ethereum has been trading within a well-defined upward channel, offering consistent support and resistance levels. This channel strengthens Ethereum’s broader bullish momentum, with the technical framework signaling the potential for further gains. Ethereum’s bullish confluence with Ascending Triangle Adding to the bullish case, long-term crypto investor Jelle identified that Ethereum is showcasing a compelling technical setup on the weekly chart, with two significant bullish patterns developing simultaneously. Jelle noted that the inverse H&S pattern is forming with the neckline resistance around $4,000, within the broader structure of an ascending triangle , another bullish continuation signal. Head & Shoulders pattern, inside a massive ascending triangle. .eth bro`s slowly capitulating as we form the right shoulder. This could get interesting quickly. Price discovery soon? $ETH pic.twitter.com/LJj7KAnDZz — Jelle (@CryptoJelleNL) January 22, 2025 This confluence of bullish signals has the market on edge, as traders anticipate a potential breakout that could lead to price discovery. Ali Martinez , another noted analyst, observed a similar pattern on January 17. According to Martinez’s analysis, Ethereum’s price could surge as high as $6,750, reflecting a 110.56% upside from its current level. This projection aligns closely with the bullish targets identified by other analysts, further reinforcing the optimism surrounding Ethereum’s technical setup. On-chain metrics show bullish momentum Ethereum’s bullish projection is not only supported by technical patterns but also by several key on-chain metrics and fundamental developments. Wallets holding between 1,000 and 10,000 ETH have substantially increased their holdings, adding 330,000 ETH since January 7, 2025. At the current price, this accumulation amounts to approximately $1.08 billion. Historical data suggests this activity could precede a significant rally—previously when the same cohort accumulated 620,000 ETH, Ethereum’s price surged from $2,400 to $4,000. Further strengthening the bullish narrative is a notable spike in Network Growth, with 180,000 new addresses created recently. This metric, which measures new capital inflows into the ecosystem, signals heightened interest in Ethereum. Ethereum network growth. Source: MAXPAIN/X A similar surge in April 2024 was followed by a price rally from $2,800 to $4,000, highlighting the strong correlation between network growth and price performance. Looking ahead, artificial intelligence ( AI ) models forecast a near-term target for Ethereum at $3,750 by the end of Q1 2025, assuming continued market activity and strong demand. Conversely, in a bearish scenario driven by macroeconomic pressures or reduced liquidity, Ethereum’s price could retrace to $3,000 showing the influence of external factors on its performance. Meanwhile, investor sentiment has increasingly shifted toward altcoins and meme coins, which have posted notable gains in recent weeks, with Ethereum lagging behind in capturing the broader market’s enthusiasm. Featured image via Shutterstock The post This bullish setup maps Ethereum’s price roadmap to $7,400 in 2025 appeared first on Finbold .

Finbold

You can visit the page to read the article.
Source: Finbold

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.

CFTC Chair Caroline Pham Reshuffles Top Roles: Details

Caroline Pham , the acting chair of the Commodity Futures Trading Commission (CFTC), has performed a major shakeup in leadership positions at the commission. This came just a few days after her appointment with President Donald Trump. In a statement released by Pham, several leadership positions were filed, including the commission’s market oversight and enforcement divisions. The switch also affected its crypto outreach initiatives. Key CFTC Appointments Signal a Shift in Leadership Some notable changes include the appointment of Harry Jung as acting chief of staff. The former policy adviser to Pham will now oversee the CFTC’s engagement with crypto, decentralized finance (DeFi), and other digital assets. Other key appointments include Meghan Tente as Acting General Counsel. Taylor Foy as Acting Director of the Office of Public Affairs, and Tom Smith as Acting Director of the Market Participants Division. Tente has occupied several roles at the CFTC, including Acting Director of the CFTC’s Division of Market Oversight. Foy has spent almost 14 years on Capitol Hill, working in communication roles. This involved developing public messages on tax and trade policy. Smith has served as CFTC Deputy Director for almost 20 years, where his primary responsibilities involved segregation of customer funds, swap deals, and contracts market. CFTC’s Record-Breaking Enforcement Efforts Pham’s shakeup comes as the agency continues its enforcement efforts in the sector. The CFTC’s effort resulted in a record-breaking $17.1 billion monetary relief for fiscal year 2024. This includes $2.6 billion in civil monetary penalties and $14.5 billion in restitution, mostly from crypto-related cases. One notable case of the CFTC involved the FTX case, which raked in $12.7 billion . This marked the largest recovery in CFTC history. Crypto Stakeholders Welcome the Changes Crypto stakeholders have lauded the changes, noting that they could positively affect the industry. Jung, a legal expert with years of experience at Morgan Stanley and CitiBank, could bring about significant changes. According to crypto trader Monolith, Jung’s background might signal new regulatory approaches in the industry. On his part, Christopher Perkins, CoinFund President, said he looked forward to the productive engagements that would occur with crypto under Jung’s leadership. Many enthusiasts look forward to significant crypto-friendly changes in the President Trump-led administration . The post CFTC Chair Caroline Pham Reshuffles Top Roles: Details appeared first on TheCoinrise.com . Finbold

Bitcoin Whale Activity Surges as BTC Hits $109K, Signaling Bullish Momentum

Bitcoin’s price soared to a new all-time high of $109,300 during U.S. President Donald Trump’s inauguration , according to on-chain analytics platform Santiment . This historic price surge coincides with a notable uptick in whale activity , which is being interpreted as a bullish signal for the cryptocurrency market. Given the role of major investors in driving bull markets over the past two years, the increased transactions and holdings by Bitcoin whales suggest further upward momentum for BTC. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on the latest news, where we delve into the most promising ventures and their potential. BTC Whale Activity: A Bullish Indicator Whale activity , referring to significant transactions by wallets holding large amounts of Bitcoin (usually 1,000 BTC or more), has historically been a reliable predictor of market trends. Key observations include: Increased Transactions Whale transactions surged as Bitcoin approached $109,300, signaling renewed confidence among large holders. These movements often indicate accumulation, a precursor to price rallies. Bullish Historical Trends Over the past two years, spikes in whale activity have preceded major bull runs, highlighting their influence on market dynamics. Market Influence Whales’ strategic buying or selling can significantly impact liquidity, driving price volatility and long-term trends. Bitcoin at $109,300: What’s Driving the Price? The combination of increased whale activity and macroeconomic factors has contributed to Bitcoin’s price reaching unprecedented heights: Institutional Adoption Major institutions are increasingly allocating funds to Bitcoin, viewing it as a hedge against inflation and fiat devaluation. Recent regulatory clarity around spot Bitcoin ETFs has further boosted confidence. Market Sentiment President Trump’s inauguration coincided with heightened interest in cryptocurrencies, driving a surge in retail and institutional demand. Supply Dynamics Bitcoin’s fixed supply and increasing scarcity due to whale accumulation have amplified its value proposition. Historical Role of BTC Whales in Bull Markets Whales have consistently played a critical role in shaping Bitcoin’s price trends: Accumulation Phase : During periods of low prices, whales accumulate Bitcoin, reducing market supply and preparing for future rallies. Bull Runs : Whale purchases often trigger FOMO (fear of missing out) among retail investors, fueling parabolic price increases. Support Levels : Whales provide liquidity and establish strong support levels during corrections, stabilizing the market. How Whale Activity Signals Bullish Momentum Higher On-Chain Activity Metrics like the number of large transactions and wallet activity indicate increased confidence among whales. On-chain data shows a rise in whale transactions, aligning with BTC’s price surge. Accumulation Behavior Whales tend to buy during dips, signaling long-term bullish sentiment. The recent uptick in whale holdings suggests a strong belief in Bitcoin’s future growth. Market Dynamics Whale buying reduces Bitcoin’s circulating supply, creating scarcity and upward price pressure. Potential Risks and Considerations While increased whale activity is a bullish signal, investors should remain cautious about potential risks: Market Volatility Whale movements can cause sudden price swings, creating opportunities and risks for smaller investors. Profit-Taking Whales may offload their holdings during rallies, leading to short-term corrections. Regulatory Uncertainty Despite recent progress, regulatory developments could still impact market sentiment. Conclusion The surge in BTC whale activity , coupled with Bitcoin’s record-breaking price of $109,300 , underscores a strong bullish momentum in the cryptocurrency market. Historically, whale behavior has been a reliable indicator of impending bull markets, and this trend appears to be repeating itself. As institutional adoption grows and on-chain metrics confirm accumulation among large holders, Bitcoin’s future looks increasingly promising. However, investors should remain mindful of market volatility and external factors that could influence price trends. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on the latest news, where we delve into the most promising ventures and their potential. FAQs What is BTC whale activity? BTC whale activity refers to significant transactions or holdings by wallets containing large amounts of Bitcoin, typically 1,000 BTC or more. Why is increased whale activity a bullish signal? Whales often accumulate Bitcoin during price dips, reducing market supply and signaling confidence in future price growth. What drove Bitcoin’s price to $109,300? The price surge was driven by whale activity, institutional adoption, and heightened market interest during President Trump’s inauguration. How do whales impact Bitcoin’s price? Whales influence price by controlling liquidity and supply. Their strategic buying or selling can trigger significant price movements. What risks are associated with whale activity? Risks include market volatility, profit-taking during rallies, and potential regulatory developments that could impact sentiment. How has whale activity historically predicted bull markets? Increased whale transactions and holdings have preceded major bull runs, as their behavior often drives retail and institutional confidence. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries. Finbold