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Top Ethereum Price Predictions as ETH Reclaims $2K

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ETH Exchange Netflow


ETH is flashing mixed signals: is it on the verge of a rally or bracing for another breakdown?

The second-largest cryptocurrency hasn’t been at its best lately, plummeting by double digits over the last 30 days and trading far below its all-time high of almost $5,000 witnessed in the summer of 2025.

However, the past 24 hours brought some hope for the bulls, as ETH rocketed from $1,800 to over $2,000. Some market observers believe a more profound rebound could be on the way, while others think the valuation has yet to reach its bottom.

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Rally Soon?

Ethereum (ETH) has soared by over 10% daily, currently trading above the $2,000 psychological zone. However, it remains 30% down on a monthly scale, while its market capitalization has shrunk to approximately $237 billion.

Despite the major correction, many analysts remain optimistic. X user KALEO observed the asset’s recent performance and argued that it might be on the verge of a bounce. They assumed that ETH has formed a “clean double bottom off HTF support” and may be ready to spike above $2K.

“More FUD than I’ve ever seen on the timeline. Send it with haste,” the analyst added.

Merlijn The Trader also chipped in lately. He claimed that ETH is sitting in a five-year demand zone, emphasizing that this area has historically acted as a place where investors accumulate rather than distribute.

“You don’t need the exact bottom. You need exposure before expansion. Big bases don’t drift. They reprice,” he stated.

X user StockTrader_Max shared a similar thesis, arguing that ETH has evolved into “a long-term investment with slower, steadier growth that rewards patience and conviction rather than hype and timing.” The analyst believes the asset should be held in many portfolios, with a time horizon of years rather than months.

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Meanwhile, some industry participants noted that whales have been quite active lately and increased their exposure to ETH. X user Crypto Rover shared a CryptoQuant chart, showing that large investors now own over 24 million tokens, or more than 20% of Ethereum’s circulating supply.

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Whales’ activity is closely monitored by smaller players who might mimic their moves and enter the ecosystem with fresh capital. Additionally, it is commonly believed that large investors rarely make irrational purchases and may have inside information about upcoming events that could influence valuation.

Last but not least, ETH’s exchange reserves remain quite close to the nearly 10-year low recorded earlier this month. This trend shows that investors don’t rush to transfer their holdings to centralized platforms: a move often considered a pre-sale step, and which can cause an additional price slump.

ETH Exchange Netflow
ETH Exchange Netflow, Source: CryptoQuant

Are the Bears Here to Stay?

Many other analysts presented rather pessimistic views on the matter. X user Crypto Tony warned of new lows if the price plunges below $1,820, describing that level as “the last line of defence.” They later argued that if the bulls decisively reclaim $1,940, then “we are back in business.”

Ali Martinez and Lucky also gave their two cents. The former claimed that the next major support levels for ETH, should it break below $1,800, are $1,584, $1,238, and $1.089.

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The asset’s Relative Strength Index (RSI) is another bearish factor to watch. Due to the price rebound experienced over the past hours, the tool’s ratio has risen above 70, signaling that ETH is overbought and could be due for a correction. The RSI is an important metric often used by traders, and conversely, anything below 30 is considered a buying opportunity.

ETH RSIETH RSI
ETH RSI, Source: CryptoWaves
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Crypto World

Management wins board approval to sell BTC

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Management wins board approval to sell BTC

GD Culture Group (GDC) has received board approval to sell part of its 7,500 bitcoin reserve to help fund a previously announced stock repurchase program, the company said.

The board authorization allows management to decide when and how to carry out the bitcoin sales. GD Culture emphasized it’s not obligated to sell any set amount and can alter or halt the plan at any time.

Facing a sharp decline in the stock price as the price of bitcoin has tumbled in recent months, the board approved a $100 million repurchase program earlier this month.

The company’s bitcoin holdings are currently worth about $497 million, according to data from CoinGecko. That value has dropped over time, with GD Culture carrying an unrealized loss of $344 million, down nearly 41% from its total acquisition cost of $841.5 million.

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The company got its large bitcoin stash through the acquisition of Pallas Capital Holding. The move was, at the time, financed through the issuance of 39.18 million shares.

Other companies have also started divesting their bitcoin holdings. Earlier this week, Bitdeer sold all of its BTC to fund a move into AI data centers, while Riot Platforms reduced its BTC balance late last year.

GDC shares are higher by 7% on Wednesday alongside a modest bounce in the price of bitcoin to above $67,000. They remain down by nearly 70% from their September 2025 peak.

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Bitcoin is facing a major hurdle around $70,000 that will decide if this rally is built to last

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Bitcoin is facing a major hurdle around $70,000 that will decide if this rally is built to last

Bitcoin snapped back near $69,000 on Wednesday, rallying more than 10% from Tuesday’s low as crypto markets staged a broad relief rally after a prolonged stretch of pessimism.

Ethereum’s ether (ETH), , native tokens of Solana (SOL) and all posted double-digit gains, extending a move that caught many traders leaning the wrong way.

Digital asset stocks, battered lower in the past months amid falling crypto prices, also enjoyed a relief rally. Stablecoin issuer Circle (CRCL) surged 34% after its earnings report, while crypto exchange Coinbase (COIN) jumped 14%. Strategy (MSTR), the largest corporate holder of bitcoin, climbed 9%, and the ether treasury firm BitMine advanced 12%.

The broad-based rally offered a welcome reprieve after weeks of persistent selling pressure and dread of a next leg lower.

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Still, analysts cautioned that despite the sharp bounce across tokens and equities, crypto markets are not out of the woods yet, with key resistance levels and macro risks still looming.

While there was no immediate catalyst behind the Wednesday move, extreme fear and bearish positioning across crypto markets were prime conditions for a violent countertrend advance, according to Joel Kruger, market strategist at LMAX Group.

“Crypto assets have been heavily pressured in recent months and overdue for a technical bounce,” he wrote. “The market had built up a meaningful tactical short bias, leaving it vulnerable to sharp squeezes on limited headlines.”

Still, Kruger cautioned against calling the rebound the start of a durable uptrend yet.

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“Given the abrupt nature of the rally and the absence of a clear trigger — particularly against the backdrop of thinner liquidity conditions — the advance should be treated with caution,” he said.

Chasing the rally

Joshua Lim, global co-head of markets at FalconX, said his desk is seeing heavy demand for bullish bets on ether in the options market. Specifically, traders are buying call options and call spreads in the $2,000–$2,200 range over the next two to three weeks, seeking to profit from further near-term upside.

Lim added that some funds are also “chasing this rally” by rotating into higher-volatility altcoins and using options to amplify potential gains — a sign that risk appetite has picked up quickly after the recent rebound.

Adding some complexity, roughly 115,000 BTC options worth $7.49 billion will expire Friday at month-end. The so-called “max pain” — the price level where the largest number of options expire worthless — currently is at around $75,000, Wintermute OTC trader Jasper De Maere noted. The “max pain” point can sometimes act as a magnetic level into expiry, though dealer positioning appears weak, he said.

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“Fundamental indicators still remain unconvincing that this strength will see much follow through,” De Maere added.

Levels to watch

Technically, bitcoin faces stiff resistance in the $70,000 and $72,000 zone, where recent rallies have stalled as sellers stepped in. Overcoming those levels would be the first challenge in turning the bounce into a durable move higher.

Bitfinex analysts also pointed to $78,000, where the “True Market Mean,” an onchain valuation metric to estimate bitcoin’s fair value based on actual capital flows into the network, currently sits.

That level must be reclaimed on a sustained weekly basis before the structural picture improves, Bitfinex analysts said.

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GDC Board Gives Company Greenlight to Sell BTC for Share Buyback

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Stocks, Companies

The board of directors for GD Culture Group (GDC), a publicly listed holding company focused on digital marketing and AI, on Wednesday authorized the company to sell Bitcoin (BTC) from its corporate treasury to pay for a share buyback program.

The move appears to be a reversal of a May 2025 decision to build a cryptocurrency reserve of Bitcoin and Official Trump Coin (TRUMP).

Wednesday’s authorization allows the company to sell the BTC from its treasury in “one or more transactions,” and the company is not under an obligation to sell any amount of BTC, according to GDC’s announcement

In February, the company announced a stock buyback program of up to $100 million of its shares for a period of six months.

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Shares of GDC traded up more than 24% by Wednesday’s close at $4.13 apiece, according to Yahoo Finance. 

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Shares of GDC rose on Wednesday, following the announcement from the board of directors. Source: Yahoo Finance

The announcement came amid a broad crypto market downturn, which dragged the price of BTC down as low as $60,000, more than 50% from its all-time high above $126,000; the market rout has negatively impacted Bitcoin treasury companies. 

Related: FG Nexus sells another $14M in Ether as losses mount on treasury bet

GDC climbs the treasury ranks in a matter of months, but entered near the market top

GDC purchased 7,500 BTC through an $875 million acquisition of Pallas Capital Holding in September 2025, when BTC was trading between $109,000 and $117,000. Shares of the company plunged about 28% in response to the deal.

GDC is the 15th largest BTC treasury company by Bitcoin holdings, according to data from BitcoinTreasuries, but is down about 41% on its BTC investment.

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GDC ranks as the 15th-largest Bitcoin treasury company by BTC holdings. Source: BitcoinTreasuries

The company has a multiple on net asset value (mNAV) of 0.42; mNAV is a critical metric for Bitcoin treasury companies, calculated by dividing the market capitalization of the company by the dollar value of its BTC holdings. 

Despite the market drawdown, the company’s 7,500 BTC treasury is valued at about $517.5 million using the market price at the time of publication; this is more than double GDC’s market cap of about $236.7 million, following today’s stock surge.

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