Ethereum Tests $2,880 Resistance: Breakout or Breakdown?

The post Ethereum Tests $2,880 Resistance: Breakout or Breakdown? appeared com. Key Insights: Ethereum must break $2,880 to confirm trend reversal, or a retest of $2,580 is likely. Bitmine’s $59M Ethereum purchase may suggest institutional accumulation ahead of potential price shift. RSI and MACD remain bearish despite bounce, making $2,880 resistance a critical short-term hurdle. Ethereum Tests $2,880 Resistance: Breakout or Breakdown? Ethereum was trading around $2,809. 76 after bouncing from recent lows. On the 4-hour chart, ETH has formed a low, high, higher low, and higher high. This shift in structure may suggest a possible change in trend, but momentum remains limited as the price stalls under the $2,880 resistance. This level has acted as resistance in past attempts and is now being tested again. According to market analyst Lennaert Snyder, “If we reject $2,880 I’m shorting the failure, if we reclaim it, longs to key ~$3,200 resistance are triggered.” TH showing the first signs of a reversal. On the 4H, Ethereum printed a low, high, higher low, and a higher high. It’s a nice beginning, but it still looks shaky as we’re trading against ~$2,880 resistance. If we reject $2,880 I’m shorting the failure, if we reclaim it,. pic. twitter. com/xdJaprrQoC Lennaert Snyder (@LennaertSnyder) November 23, 2025 The next move will depend on whether ETH can push above this area or not. Lower Demand Still Untested Ethereum still has an unfilled demand zone near $2,580. If the price gets rejected at $2,880, a move back to this area remains possible. It has not been tested since the recent sell-off. The market may look to that level for possible entries if short-term strength fades. Two key price zones are in focus: $2,880 as near-term resistance and $2,580 as a potential support base. Movement between these levels will likely shape ETH’s next direction. Large ETH Purchase Linked to Bitmine On-chain activity shows that.

Remarkable BitMine Dividend Decision Defies ETH Price Plunge

The post Remarkable BitMine Dividend Decisicom. In a surprising move that’s catching everyone’s attention, BitMine has announced it will pay an annual dividend despite facing significant challenges from Ethereum’s price decline. This bold BitMine dividend decision comes at a time when most crypto companies are tightening their belts, making it a truly remarkable development in the cryptocurrency space. Why is BitMine paying dividends during an ETH downturn? The company has decided to distribute $0. 01 per share annually, according to The Block’s recent report. This BitMine dividend strategy appears counterintuitive given the current market conditions. However, it demonstrates the company’s commitment to shareholder value even during turbulent times. The decision shows confidence in their long-term positioning despite short-term market pressures. Understanding BitMine’s financial position BitMine’s current mNAV ratio sits below one, indicating that its asset value doesn’t fully cover its enterprise value. More concerning are the company’s ETH holdings, which currently show an unrealized loss of approximately $4. 5 billion. This substantial loss makes the BitMine dividend announcement even more unexpected and noteworthy for investors watching the crypto space. What does this mean for crypto investors? The BitMine dividend decision sends several important signals to the market. First, it shows that established crypto companies are maturing and adopting traditional corporate practices. Second, it demonstrates resilience in the face of market adversity. Here are the key takeaways for investors: Stability signal: Regular dividends typically indicate financial stability Shareholder focus: Companies prioritizing investor returns even in tough markets Industry maturation: Crypto companies adopting traditional finance practices Risk management: Balancing growth with shareholder returns How sustainable is this BitMine dividend strategy? While the $0. 01 per share BitMine dividend appears modest, its sustainability depends heavily on Ethereum’s price recovery and the company’s ability to manage its substantial unrealized losses. The current mNAV below one raises questions about how long the company can.

Ethereum Price Prediction: ETH Price Tests Key $3,000 Support Could Spur Short-Term Rally Toward $3,300–$3,400

The post Ethereum Price Prediction: ETH Price Tests Key $3,000 Support Could Spur Short-Term Rally Toward $3,300-$3,400 appeared com. Ethereum (ETH) is showing signs of resilience as it stabilizes near the $3,000 support zone, which has historically acted as a pivot for price reversals. If this level continues to hold, ETH could experience renewed upward momentum toward $3,300-$3,400, though several risk factors could alter this trajectory. Traders and investors are closely monitoring Ethereum’s price action after the asset declined by approximately 1. 4% over the past 24 hours, currently trading at around $3,024. The $3,000-$3,050 zone aligns with the Fibonacci Golden Pocket, a technical area that has previously coincided with both short-term corrections and subsequent bullish reversals. Past reactions-such as the rebounds in March and August 2025-illustrate that buyers often step in near this level, supporting the idea that momentum could remain intact if market liquidity remains favorable. Technical Indicators: Signals and Context Ethereum’s technical setup presents mixed but cautiously bullish signals. On the daily ETH/BTC chart, a consolidation resembling a bull flag is forming, with the Relative Strength Index (RSI) recently climbing above 50, signaling a reduction in near-term bearish pressure. The MACD histogram also moved into positive territory, suggesting that momentum may be building. As of November 20, 2025, ETH trades around $3,045, with technical analysis and trader consensus projecting a short-term rally to $3,300-$3,400 before a potential corrective drop to $2,600. In this case, the current macro environment-characterized by moderate liquidity and relative stability in major cryptocurrencies-adds some weight to these signals, but they are not guarantees of upward movement. A projection from a professional cryptocurrency trader suggested that ETH could climb from $3,045 toward $3,300 before a corrective pullback to around $2,600. While illustrative of a possible.

Ethereum ETF Outflows, Whale Bids and the Fusaka Upgrade

The post Ethereum ETF Outflows, Whale Bids and the Fusaka Upgrade appeared com. Now Ethereum faces one of its toughest stretches this year as ETF outflows, long-term selling, and chart breakdowns hit at once. At the same time, whales, liquidity zones, and an approaching Fusaka upgrade pull the market’s focus to what comes next for ETH. Ethereum Slides as ETF Outflows and Long-Term Selling Hit Market Ethereum is trading below its 7-day and 30-day moving averages, signaling a bearish trend as the token logs a one-week loss of about 6. 6 percent. The breakdown comes after a sharp reversal from recent highs, keeping ETH under pressure against both the dollar and Bitcoin. Ethereum Bearish Breakdown. 4 billion in net outflows, pulling institutional money out of the asset. These redemptions, combined with faster selling from long-term holders who kept coins for three to ten years, are adding steady supply to the market. On-chain data shows this older cohort is selling at the fastest pace since 2021, a period that previously coincided with heavier volatility. Yet large “whale” addresses are using the weakness to accumulate. During the latest dip, they bought hundreds of thousands of ETH worth over $1 billion, according to 10x Research. This accumulation provides a counterweight to the selling pressure, but until price recovers its short- and medium-term moving averages, the overall setup still leans bearish for Ethereum. Ethereum Tests Weekly Liquidity Levels as Chart Signals Key Structural Zones Meanwhile, Ethereum is approaching major weekly liquidity areas, according to new chart analysis from CapoLittle. The structure highlights a sequence of strong highs and lows, liquidity sweeps, and trendline reactions that have shaped ETH’s long-term market behavior. Ethereum Weekly Liquidity Zones.

Crypto Market Faces Turbulence as Fed Rate Cut Sparks Sell-off

The post Crypto Market Faces Turbulence as Fed Rate Cut Sparks Sell-off appeared com. Alvin Lang Oct 31, 2025 19: 03 The cryptocurrency market experiences a significant downturn following a Federal Reserve rate cut, with Bitcoin and Ethereum prices plunging and market liquidations rising. The cryptocurrency market is experiencing a significant downturn, with Bitcoin (BTC) and Ethereum (ETH) prices plummeting, according to CoinMarketCap. This market turbulence follows a recent interest rate cut by the Federal Reserve, which has led to increased market volatility and substantial liquidations. Impact of Federal Reserve’s Rate Cut The Federal Reserve’s decision to cut interest rates by 0. 25% to a range of 3. 75% to 4. 0% has triggered a bearish sentiment in the crypto market. The move, seen as hawkish by market participants, has resulted in a sharp decline in cryptocurrency prices. Bitcoin’s price fell to $108,000, while Ethereum slipped below $4,000. The overall market capitalization of cryptocurrencies saw a 4% decrease, dropping to $3. 64 trillion. Surge in Market Liquidations The volatility has led to a significant increase in market liquidations, which jumped by 130% to over $1. 3 billion. This surge in liquidations reflects the heightened uncertainty and fear among investors, as indicated by the Fear and Greed Index moving into the fear zone with a reading of 34. Market Reaction and Future Outlook Investors are closely monitoring the situation as the Federal Reserve’s actions continue to influence market dynamics. The unexpected rate cut has led to a reassessment of risk, prompting widespread sell-offs across the crypto market. Analysts suggest that market participants should brace for continued volatility as the full impact of the Federal Reserve’s policy changes unfolds. For more insights on the current market situation, visit the CoinMarketCap. Image source: Shutterstock Source:.