Crypto World
Ether Holds $2K as $242M Spot ETH ETF Outflow Could Reignite Downside
Ether continues to hover near the $2,000 area, but the bulls facesheadwinds from a suite of macro and market dynamics that could cap any bounce. Traders are parsing corporate earnings guidance, the trajectory of US government debt refinancing, and mounting global tensions that can keep risk assets on a sensitive leash. After a brief rebound earlier in February, Ether has struggled to muster sustained upside as funding costs stay elevated and investors rotate toward liquidity in short-term Treasuries. The balance of on-chain activity, investor sentiment, and macro indicators will likely determine whether $2,000 acts as a magnet or a battleground for the next leg of this cycle.
Key takeaways
- Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds.
- High interest rates and rising ETH supply make the current staking yield less attractive for long-term holders.
- US-listed Ether ETFs posted net outflows, underscoring a shift in liquidity away from Ether-related products in the near term.
- Markets are pricing in the potential for further rate cuts by the Fed in 2026, as signs of economic stagnation temper inflationary risks.
Tickers mentioned: $ETH
Sentiment: Bearish
Price impact: Negative. Ether is facing renewed downside pressure amid macro headwinds and fading ETF inflows.
Market context: The broader crypto landscape remains heavily correlated with macro liquidity and risk sentiment. As investors reassess growth trajectories and central bank paths, flows into Ether ETFs and related instruments have become a bellwether for institutional appetite. With the 2-year US Treasury yield echoing the low- to mid-3% regime seen in recent sessions, traders anticipate a possible easing cycle later in the year, a dynamic that often trades off against appetite for higher-risk, high-utility assets like Ether.
Why it matters
Ether’s ability to sustain price strength is intimately tied to both on-chain economics and external financial conditions. The network’s staking yield—already a focal point for long-term holders—faces increased scrutiny as the annual ETH supply growth persists at roughly 0.8%. Against a backdrop of a stagnant or sluggish macro backdrop, a 2.9% staking yield becomes less compelling for risk-averse investors when the Fed’s target rate sits higher, and bond markets offer a comparatively safer carry. This dynamic can dampen the incentive to stake, potentially dampening network security metrics and long-term price resilience if the flow of fresh ETH to stake is subdued.
Market momentum has also been influenced by ETF mechanics. Recent outflows from US-listed Ether ETFs, totaling around $242 million over a short window, have erased earlier inflows that followed Ether’s bottoming around the mid-$1,700s in February. Although the outflows represent a fraction of total assets under management, they signal a shift in sentiment among institutional participants who previously sought exposure through regulated wrappers. Net flows matter because they influence price discovery and liquidity, especially in a market where players weigh the relative safety of traditional assets against the potential upside of a more scalable and active network.
From a technical and derivatives perspective, traders have grown more cautious. The options market shows a tilt toward downside protection, with the delta skew for Ether options tracing above longer-term averages as investors pay a premium for put-driven hedges or neutral-to-bearish bets. This mood aligns with the observation that the asset trades substantially below its all-time highs, and even a mid-cycle recovery may be met with sellers who view rallies as opportunities to exit risk exposure.
Even as macro narratives push risk-off tendencies, Ether’s position as the leading smart contract platform remains intact in terms of activity and TVL leadership. Yet, the near-term price path hinges on a confluence of factors: corporate earnings resonance, the pace of debt refinancing, and the macro impulse toward or away from expansionary fiscal measures. The market is also watching policy signals and potential regulatory clarity that could influence appetite for crypto assets overall. In parallel, other networks offering base-layer scalability and faster on-chain throughput keep pressuring ETH’s relative competitive stance, particularly when investors seek higher efficiency at a similar risk profile.
Overall, the market narrative remains cautious. Traders acknowledge that a meaningful downside could be tempered by supportive macro cues or favorable liquidity conditions, but the immediate trajectory appears tethered to external events rather than purely on-chain developments. In this environment, Ether’s price reactivity is likely to depend on the collectivity of earnings surprises, debt management decisions, and the speed at which risk appetite re-emerges after episodes of volatility.
What to watch next
- Upcoming corporate earnings season and guidance revisions that may influence broader risk sentiment.
- US government debt refinancing milestones and any shifts in fiscal policy that affect liquidity conditions.
- Net ETF flows for Ether products in the next reporting period and any changes in investor allocations.
- Macro data releases and Fed commentary that could solidify or alter expectations for rate cuts in 2026.
- On-chain activity and staking metrics that could alter the relative attractiveness of ETH staking over time.
Sources & verification
- US-listed Ether ETF net flow data and related commentary from market trackers and issuer analyses.
- Pricing and yield data for the US 2-year Treasury, with context on regime expectations for Fed policy.
- Historical ETH price actions, including the February bottom around $1,744 and subsequent recovery patterns.
- Derivatives metrics for ETH, including delta skew readings from Deribit via data providers.
- On-chain and market commentary describing total value locked and network leadership dynamics in short- to mid-term cycles.
Ether under pressure as macro cues weigh on ETH
Ether (Ether (CRYPTO: ETH)) has spent recent sessions hovering near the $2,000 level, with constraints on a sustained move above roughly $2,150 since early February. The hesitation is not solely technical; it reflects a complex interplay between macro policy expectations, investor risk appetite, and the evolving structure of liquidity in crypto markets. After a brief bounce off a February trough around the mid-$1,700s, Ether’s price action has cooled as traders reassess the durability of any rally in the face of higher funding costs and competing opportunities in fixed income.
One of the critical macro signals comes from the bond market. The US two-year Treasury yield has moved toward the lower end of its range, around the 3.4% area, signaling that participants anticipate a more accommodative stance from the Federal Reserve in the coming years. This shift in rate expectations tends to push investors toward safer assets, including government debt, and away from higher-beta risk assets like Ether. The dynamic is reinforced by growth signals that, at least in the near term, point toward a more tepid expansion, which reduces inflationary pressure and can further support a cautious easing bias by the Fed.
In the near term, the ETF landscape remains a focal point. After a period of resilience, US-listed Ether ETFs posted net outflows that overshadowed earlier inflows tied to the recovery from the February dip. The outflows—calibrated against a substantial asset base—suggest that some institutional participants have scaled back their near-term exposure, contributing to soft price action. This is particularly relevant given that the broader crypto market often tracks risk-on/risk-off sentiment as much as, if not more than, internal on-chain metrics.
On-chain and derivatives metrics offer a complementary view of sentiment. The ETH options market has shown elevated demand for hedges, with the delta skew for 30-day options remaining elevated and indicating a willingness among professional traders to pay for protection against downside moves. The dataset, drawn from sources measuring the put-call balance, underscores a prevailing mood of caution among market participants who are mindful of the higher probability of further drawdowns given the current macro backdrop. This sentiment aligns with the six-month bear-market narrative, as Ether trades well below its all-time high and investors weigh the risk/reward of staking versus holding for appreciation.
Supply dynamics also weigh on the long-term narrative. Ether’s annualized supply growth sits modestly positive, while the immediate yield offered by staking remains modest in comparison to the prevailing interest rate environment. For long-term holders, the attractiveness of staking becomes a function of both yield and the perceived safety of ETH as a platform with continued innovation and network effects. The tug of war between yield, risk, and network activity will help determine whether staking becomes a stronger driver of price stability or a source of selling pressure if yields fail to outpace risk premia in traditional markets.
Market leadership in on-chain activity and TVL remains a strength of the Ethereum ecosystem, which helps to anchor Ether’s longer-term narrative even as near-term price action exhibits caution. However, the combination of macro sensitivity, ETF flow dynamics, and derivatives positioning means that the path forward is likely to be incremental rather than transformative in the near term. Investors will be watching not only macro indicators and corporate earnings but also regulatory clarity and liquidity shifts that could redefine the risk landscape for crypto assets in the months ahead. The outcome will shape whether Ether can regain momentum or continue to trade in a constrained range as the market reconciles macro expectations with the evolving use cases on Ethereum’s network.
For readers tracking the broader macro and on-chain narrative, the next few weeks will be telling. If inflation eases more rapidly than anticipated or if the Fed signals a clearer path toward rate cuts, risk appetite could stabilize and support a healthier Ether environment. Conversely, if growth indicators surprise to the downside or if liquidity conditions tighten further, ETH could test new near-term lows as traders search for safety and retreat from higher-risk exposures.
A wild 24 hours continued in all markets after President Trump said the war against Iran could be over soon.
The action against Iran is “very far ahead” of what was expected to be a four-to-five-week time frame, said Trump in late-afternoon comments. He is expected to give updates on the situation at 5:30 pm ET.
Already in the midst of a sharp reversal higher after plunging Sunday evening as oil soared as much as 30%, crypto and equity markets added to gains following the comments.
Just ahead of the close, the Nasdaq was ahead 1.25% and S&P 500 0.8%. Bitcoin at just above $69,000 was up 2.4% over the past 24 hours.
Oil, meanwhile, tumbled even further. After rising as much as 30% to $120 per barrel on Sunday evening, WTI crude plunged all the way back to $85, now lower by 6% for the day.
Crypto-related stocks added to Monday’s gains, with Circle (CRCL) up 10% while Strategy (MSTR) and Coinbase (COIN) were 5% and 2% higher, respectively.
The S&P 500 and gold are also surging.
After a day of more fluctuations prompted by the quickly developing situation in the Middle East, bitcoin’s price aimed at $70,000 minutes ago as Trump addressed the war and the Strait of Hormuz.
His words sent shockwaves through other financial fields as well, especially with oil, as the CFDs on WTI Crude Oil plunged to under $90 per barrel after skyrocketing to $120 earlier today.
BREAKING: President Trump says “I think the war is very complete, pretty much.”
Oil prices officially turn negative on the day, erasing a gain of +30%, in one of the largest daily reversals ever recorded. pic.twitter.com/c01Ni9RZIS
— The Kobeissi Letter (@KobeissiLetter) March 9, 2026
The POTUS’s indication that the war is pretty much completed comes in a rather intriguing time, as Iran just chose a new Supreme Leader – Mojtaba Khamenei, who is the son of the former. Trump repeatedly outlined that he is not happy with the choice, calling it a big mistake.
At the same time, reports continue to emerge that several countries in the region, including the UAE and Turkey, keep intercepting more drones and missiles from Iran.
While also addressing the situation in the Middle East, President Trump reportedly added that the US is mulling taking over the Strait of Hormuz, which has been essentially closed for days, thus reducing the amount of transported goods, mostly oil.
As mentioned above, oil prices dumped again following Trump’s latest remarks after reaching a multi-year peak this morning. Gold and the S&P 500 went on a run, with the former tapping $5,140/oz, while the latter climbed above 6,800.
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Bitcoin quickly jumped from $68,000 to $69,600 (on Bitstamp) but was stopped there and now trades around $69,000 again. Ethereum has jumped past $2,000, while SOL is above $85.
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Pudgy Penguins’ Pudgy World launch is turning PENGU into a high‑beta bet on NFT gaming as traders test whether the brand’s cultural hype can translate into lasting on-chain activity.
Summary
- Pudgy Penguins’ Pudgy World launch is boosting attention and liquidity around the ecosystem’s PENGU token, turning it into a high-beta bet on NFT gaming.
- PENGU’s trading volume has surged into the nine-figure daily range on some venues, signaling aggressive speculation rather than just passive community holding.
- The launch ties Pudgy’s Web3 IP, gaming, and token together, positioning PENGU as a leveraged play on whether the brand can convert cultural hype into sustainable on-chain activity.
Global crypto markets are being steered less by conviction and more by where the next forced seller sits. At the margin, market structure, macro, and meme‑driven liquidity are colliding in real time – with Pudgy Penguins’ latest gaming push emerging as a surprisingly clear case study.
Pudgy Penguins (PENGU), one of NFT land’s stickier brands, has launched its third title, Pudgy World, extending the project’s reach from profile pictures into casual gaming. CoinGecko highlighted the move in a post stating: “Pudgy Penguins launches its third game, Pudgy World. $PENGU is now trending #2 on CoinGecko, up 7.4% today.” The framing is not accidental. Trending status and intraday performance now function as both marketing and market structure, broadcasting where liquidity and attention are rotating in a session dominated by macro‑sensitive flows.
Underneath the social buzz, the numbers are modest but telling. CoinGecko data show Pudgy Penguins (PENGU) trading around $0.0069, with roughly $105.8 million changing hands over the last 24 hours. It is a classic reflexive micro‑cap: price action feeds narrative, which in turn drives more flow into a tightly held token tied to recognizable IP. As one community‑aligned commentator observed in response to the launch, the $PENGU ecosystem is “actively expanding and attracting new users,” with Pudgy World seen as evidence the brand is “making waves” rather than fading into NFT winter.
Against that sits a far heavier macro backdrop. Bitcoin trades near $68,615, up about 2.5% over the past day, on 24‑hour volumes above $50.7 billion according to CoinMarketCap, reaffirming its role as the market’s beta instrument when global risk sentiment shifts. Ethereum hovers around $2,011, down roughly 3.7% in the same period, with a market cap near $260.2 billion as traders debate how much further the current drawdown can run before structural buyers re‑engage.
In practice, this leaves PENGU and similar tokens trading like long‑dated venture risk embedded inside a macro‑sensitive, dollar‑denominated system. The launch of Pudgy World may be a bright spot for NFT loyalists, but it is also a reminder: even the most playful corners of crypto now sit squarely inside a trading environment defined by liquidity, leverage, and the timing of the next forced seller.Provide 3 titles for this article. The titles should be no more than 90 characters, only capitalize essential words, names and terms not every word. Next, summarize the entire article in 160 characters or less. Then provide 3 summary bullet points. write an original short decription for socials max length 200 characters, use emojis.
DeFi users reported suspicious functionality on the website of lending platform Compound Finance on Sunday.
The incident is the latest in a string of website hijackings that have affected Maple Finance, OpenEden and Curvance.
It’s the second time attackers have compromised Compound’s front end in less than two years.
Read more: Compound Finance and Celer Network websites compromised in ‘front-end’ attacks
Compound’s security provider later published an update on the project’s governance forum, reassuring users that the incident had been rectified and “all other credentials on the affected infrastructure account have been rotated.”
The post explains that the project’s website redirected users to “a phishing site hosted on a lookalike domain (‘compOOnd’),” but “no user loss of funds [was] identified.”
Compounding errors
Previously, the Compound front end was hacked in July 2024, along with other Squarespace-based DeFi domains.
There are worries that such attacks may become more common as AI tools lower the bar for would-be phishing scammers.
Read more: AI just bypassed the Cloudflare protection that DeFi needs
Luckily, any users of Compound were better protected yesterday.
According to the forum post, the app.compound.finance subdomain, on which users connect wallets and make transactions, “is served via IPFS, allowing [security providers] to independently verify its integrity.”
Sunday’s incident is the latest in a string of blunders for what was once one of DeFi’s top protocols.
Last year, the Compound DAO came under scrutiny over conflict-of-interest concerns related to service provider Gauntlet.
In 2022, an operational error bricked the cETH market (worth over $800 million at the time) for a week while a fix was implemented. The previous year, almost $150 million of excess rewards were distributed, also by mistake.
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Verifiable Intent creates a tamper-resistant, cryptographic record of what a user authorized when an AI agent acts on their behalf.
Mastercard has unveiled Verifiable Intent, a new open, standards-based trust framework co-developed with Google, designed specifically for “agentic commerce” — a world where artificial intelligence (AI) systems don’t just assist shoppers, but actively plan, decide, and complete purchases autonomously.
The core problem Verifiable Intent aims to solve is visibility: when a consumer delegates a purchase to an AI agent, the clear “click buy” or “tap to pay” moment that traditionally signals intent disappears. Mastercard’s Chief Digital Officer Pablo Fourez argues that this creates a new challenge for every party involved — consumers need assurance their instructions were followed, merchants need confirmation an agent is authorized to buy, and issuers need to distinguish legitimate activity from fraud.
To address this, Verifiable Intent creates a tamper-resistant, cryptographic record of what a user authorized when an AI agent acts on their behalf — linking identity, intent, and action into a single, privacy-preserving audit trail.
The framework uses Selective Disclosure, a privacy control technique, to ensure that only the minimum necessary information is shared between parties and only when needed, allowing merchants and issuers to verify transactions without access to sensitive consumer data.
It leverages widely adopted standards from the FIDO Alliance, EMVCo, the Internet Engineering Task Force, and the World Wide Web Consortium, and is designed to work across agentic protocols, devices, wallets, and platforms. Mastercard says Verifiable Intent will be integrated into its Agent Pay APIs in the coming months.
Crypto Rails Join the Fray
Not everyone sees traditional payment networks as the right foundation for AI-driven commerce, however, highlighting a growing debate about whether AI agents will ultimately transact through incumbent networks like Mastercard or bypass them entirely in favor of crypto-native infrastructure.
“Very soon there are going to be more AI agents than humans making transactions. They can’t open a bank account, but they can own a crypto wallet. Think about it,” Coinbase CEO Brian Armstrong posted on X today.
In September, EigenCloud, Ethereum’s largest restaking protocol with nearly $9 billion in total value locked, announced a partnership with Google Cloud to serve as the verifiable backbone for AI agent payments.
Meanwhile, the Ethereum Foundation launched a dedicated AI initiative called the dAI Team, with a stated mission to make Ethereum the preferred settlement and coordination layer for the emerging “machine economy.”
The following month, attention turned to x402 protocols, which enable AI agent payment systems and increase the practicality of agentic AI-led finance.
Taken together, these developments paint a picture of an industry racing to solve the same core problem from two very different directions. Mastercard and traditional finance are building trust layers on top of existing payment rails, while crypto proponents are betting that blockchain infrastructure is better suited to a world where AI agents are first-class economic actors.
Short-term holders are currently facing about 24% unrealized losses.
Bitcoin’s short-term holders have continued to realize losses, as on-chain data found sustained selling pressure across most of the past week.
According to the latest analysis by Axel Adler Jr., the Short-Term Holder Spent Output Profit Ratio (STH SOPR), a metric that measures whether coins held for less than 155 days are being sold at a profit or loss, remained below the neutral level of 1.0 for seven of the last eight days between March 2 and March 9.
A reading below 1.0 indicates that the cohort is selling at prices lower than their acquisition cost.
Bitcoin’s Weak Hands Are Selling
As of March 9, the intraday average STH SOPR stood at 0.987, and only six out of 35 observed blocks, or about 17%, closed above the 1.0 threshold. The 7-day moving average for the metric remained near 0.992, which further supports the view that loss realization among short-term holders has persisted for several consecutive days rather than appearing as a single isolated event.
During the same period, the metric crossed above 1.0 only once, on March 4, when the price of Bitcoin briefly reached $74,000 before returning to loss-selling territory. The lowest weekly reading occurred on March 6 at 0.979, while March 8 registered 0.991. Both of these instances confirm that most transactions from this cohort were executed below cost basis.
Adler explained that the first clear signal of a change in market conditions would be STH SOPR closing above 1.0 for several consecutive days alongside rising prices.
Capitulation
In addition to the profitability metric, Adler examined changes in terms of the overall supply held by short-term investors. Over the past two weeks, the total volume of coins within the short-term holder cohort declined from approximately 6.06 million BTC to about 5.92 million BTC. This essentially indicated that roughly 140,000 BTC left the cohort.
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Such a reduction reflects either capitulation through realized losses or the natural aging of coins into long-term holder status after surpassing the 155-day holding threshold. At the same time, the cohort’s realized price remained around $89,028, while the market price traded near $67,000 during the period analyzed.
The difference represents an unrealized loss of roughly 24% for the average short-term holder. Adler observed that this gap between the realized price and the current market value creates a structural supply overhang in the market. As prices recover, some short-term investors who purchased at higher levels may use rallies as opportunities to exit positions without losses, and would potentially add supply and reduce the strength of upward moves.
The combination of the two indicators points to an ongoing “cohort cleansing,” in which the more price-sensitive segment of the market is gradually exiting through selling pressure rather than through a recovery in profitability.
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U.S. Bitcoin, Ethereum, and Solana ETFs saw rare same‑day outflows on March 9, but positive weekly flows and steady spot prices point to rotation, not capitulation.
Summary
- Bitcoin, Ethereum, and Solana ETFs all booked one‑day net outflows, signaling a sharp but concentrated de‑risking across major U.S. spot products.
- Weekly flows remain positive for BTC, ETH, and SOL, suggesting ETF desks are rotating risk within crypto rather than exiting the asset class.
- Despite red ETF prints, Bitcoin trades in the high‑$60K band, Ethereum near $2,000, and Solana just under $90, underscoring a resilient spot tape.
U.S. crypto ETFs flashed a rare warning signal on March 9 as spot products for Bitcoin, Ethereum, and Solana all recorded simultaneous net outflows, even as underlying prices held firm near recent ranges.
ETF flows: risk-on, but defensive
On-chain analytics firm Lookonchain reported that U.S. Bitcoin ETFs saw a one-day net outflow of 5,409 BTC, while Ethereum ETFs shed 36,599 ETH and Solana products lost 68,933 SOL, underscoring a sharp but concentrated bout of de-risking across majors. A separate summary of the same dataset framed the move as a short-term shock inside a still-positive weekly trend, noting that “Bitcoin ETFs experienced a one-day net outflow of 5,409 BTC… however, the seven-day net inflow stood at a positive 8,154 BTC,” with Ethereum and Solana showing similar one-day outflows but net inflows over seven days.
In that analysis, Solana stood out as the most volatile leg of the trade: “Solana ETFs displayed the most dramatic shifts… with a one-day net outflow of 68,933 SOL… Contrarily, the seven-day net inflow reached +266,247 SOL,” a pattern more consistent with fast money rotation than structural capitulation.
Macro structure: liquidity, not faith
The flows come against a macro backdrop where crypto still trades as a high‑beta expression of global liquidity rather than a simple tech proxy.
As one ETF strategist put it in the Lookonchain-linked commentary, recent moves “could influence trading strategies, as traders monitor whether these outflows represent profit-taking or a shift in investor confidence amid broader market volatility,” highlighting that desks are treating ETF flows as a real‑time barometer of positioning, not a referendum on the asset class itself.
Price action: resilient tape
Despite the ETF outflows, majors held up. Bitcoin recently traded around the high‑$60K band, with multiple spot dashboards placing it near $68K–$69K and up roughly 1–3% over the last 24 hours at press time.
Ethereum changed hands near $2,000–$2,050, gaining about 3–4% on the day, while Solana hovered around $85.20, up 3.69% in 24 hours as it continued to “grind sideways just under $90.”
For traders, the message is blunt: ETF red prints are back, but as long as weekly flows stay positive and spot refuses to break, the underlying market structure still looks like rotation within a risk bucket rather than an exit from it.
Key points:
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Rising oil prices have not hurt crypto sentiment as buyers attempt to push Bitcoin above $69,000
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Buyers are attempting to propel several major altcoins above their overhead resistance levels, indicating demand at lower levels.
A sharp rally in oil prices failed to deter cryptocurrency buyers who pushed Bitcoin (BTC) above $69,000 on Monday. Although the spot BTC exchange-traded funds witnessed outflows on Thursday and Friday, the week saw net inflows of $568.45 million per SoSoValue data. That was the second successive week of net inflows, a first in five months.
While some analysts believe that BTC may have bottomed out, on-chain analyst Willy Woo said in a post on X that BTC was solidly in the middle of a bear market from a long-range liquidity perspective and was forming a bull trap.
Usually, when negative news fails to sink the price to a new low in a bearish trend, it suggests that the selling may be drying up. That doesn’t guarantee a sharp rally in the near term, as markets tend to consolidate in a range for a while before starting the next leg higher.
Could buyers push BTC and major altcoins above their resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
S&P 500 Index price prediction
The S&P 500 Index (SPX) closed below the 6,775 level on Friday, indicating that the bears are attempting to take charge.
The moving averages have completed a bearish crossover, and the relative strength index (RSI) has dipped into the negative territory, indicating the path of least resistance is to the downside. The next crucial support to watch out for on the downside is 6,550. If the level cracks, the correction may deepen to 6,147.
Buyers will have to drive the price above the moving averages to signal strength. That improves the prospects of a rally to the 7,290 level.
US Dollar Index price prediction
The US Dollar Index (DXY) is facing resistance near the 99.50 level, but the bulls have kept up the pressure.
The upsloping 20-day exponential moving average (98.17) and the RSI above the 63 level suggest that the bulls are in command. If the price closes above the 99.50 level, the index may retest the critical overhead resistance at the 100.54 level. A close above the 100.54 resistance suggests the start of a new up move.
Sellers will have to tug the price below the moving averages to retain the index inside the 95.50 to 100.54 range.
Bitcoin price prediction
BTC fell below the 20-day EMA ($68,553) on Friday, but the bears could not sink the price below the support line. That suggests demand at lower levels.
If the price maintains above the 20-day EMA, the likelihood of a break above the $74,508 resistance increases. Such a move suggests that the BTC/USDT pair may have bottomed out in the short term. The Bitcoin price may then soar to $84,000, where the bears are expected to mount a strong defense.
This positive view will be invalidated in the near term if the price turns down and breaks below the support line. The pair may then drop to the vital support at $60,000.
Ether price prediction
Ether (ETH) broke below the 20-day EMA ($2,018) on Friday, but the bears could not sink the price to the $1,750 level.
That suggests selling dries up at lower levels. The bulls are attempting to push the price back above the 20-day EMA. If they manage to do that, the ETH/USDT pair may climb to the 50-day SMA ($2,249). Sellers will attempt to halt the relief rally at the 50-day SMA, but if the bulls prevail, the pair may jump to $2,600.
Contrary to this assumption, if the Ether price turns down from the $2,111 level and breaks below $1,916, it signals that the pair may remain inside the range for a while longer.
BNB price prediction
BNB (BNB) fell below the 20-day EMA ($633) on Friday, but the bears could not pull the price to the $570 level.
That attracted buyers who are trying to push the price back above the 20-day EMA. If they succeed, the BNB/USDT pair may retest the overhead resistance at $670. Sellers are expected to fiercely defend the $670 level, as a close above it opens the doors for a rally to $730 and then $790.
Instead, if the BNB price turns down from the current level or the $670 resistance, it suggests that the range-bound action may continue for a few more days. Sellers will have to yank the pair below the $570 level to start the next leg of the downtrend toward $500.
XRP price prediction
XRP (XRP) has been trading just below the 20-day EMA ($1.39) for several days, indicating that the bulls continue to exert pressure.
A close above the 20-day EMA will be the first sign of strength. The XRP/USDT pair may then rally to the $1.61 level and subsequently to the downtrend line of the descending channel pattern. Buyers will have to break and sustain the XRP price above the downtrend line to signal a short-term trend change.
Conversely, if the price turns down from the 20-day EMA and breaks below $1.27, it suggests that the bulls have given up. That may sink the pair to the support line, which is likely to attract buyers.
Solana price prediction
Solana (SOL) has been consolidating between $76 and $95 for several days, indicating a balance between supply and demand.
The flattish 20-day EMA ($85) and the RSI just below the midpoint do not give a clear advantage either to the bulls or the bears.
The next trending move is expected to begin on a close above $95 or below $76. If buyers drive the Solana price above $95, the rally may reach $117. Alternatively, a break and close below $76 suggests that the bears have overpowered the bulls. The SOL/USDT pair may then slump to the Feb. 6 low of $67.
Related: Bitcoin at $67K despite oil shock is ‘strongest indicator’ bottom may be in
Dogecoin price prediction
Dogecoin (DOGE) fell below the $0.09 support on Sunday, but the bears could not sustain the lower levels. The bulls bought the dip and are attempting to reclaim the level.
If the relief rally turns down from the 20-day EMA ($0.09), it suggests that the bears remain in control. That heightens the risk of a drop to Feb. 6 low of $0.08.
Buyers are likely to have other plans. They will attempt to push the Dogecoin price above the moving averages. If they can pull it off, the DOGE/USDT pair may surge to the breakdown level of $0.12. Buyers will have to achieve a close above the $0.12 resistance to suggest that the pair may have bottomed out at $0.08.
Cardano price prediction
Cardano (ADA) slipped below the $0.25 support on Sunday, but the bears are struggling to sustain the lower levels.
The bulls will attempt a recovery, which is expected to face selling at the 20-day EMA ($0.27). If the price turns down sharply from the 20-day EMA, the bears will strive to sink the ADA/USDT pair to the support line of the descending channel pattern. If the Cardano price rebounds off the support line with strength, it suggests that the pair may remain inside the channel for some more time.
The bulls will have to drive and maintain the price above the downtrend line to signal a potential short-term trend change.
Bitcoin Cash price prediction
Bitcoin Cash (BCH) has been witnessing a tough battle between the bulls and the bears at the $443 level.
The bulls are attempting a relief rally, but the bears are likely to halt any recovery attempt at the 20-day EMA ($478). If the Bitcoin Cash price turns down sharply from the 20-day EMA, it increases the likelihood of a break below the $443 level.
If that happens, the BCH/USDT pair will complete a bearish head-and-shoulder pattern. That may start a downward move to $375.
Contrarily, a close above the 20-day EMA suggests that the selling pressure is reducing. The pair may then rally to the 50-day SMA ($525).
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
- Zcash gained 9% to above $215 but faces resistance and could dump hard.
- The altcoin rose amid Bitcoin’s rebound to above $69,000 on Monday.
- Privacy coin narrative and venture funding have helped ignite ZEC’s uptick.
Zcash (ZEC) rose nearly 9% after bouncing from recent lows, placing the token among the top gainers among the 100 largest cryptocurrencies by market capitalisation.
The privacy-focused coin retested resistance above $215 as altcoins broadly posted modest gains over the past 24 hours.
Sentiment improved after Bitcoin climbed above $69,000, helping lift the wider market.
ZEC advanced alongside other privacy-oriented tokens, including Tornado Cash, Oasis Network, and Dash.
Monero (XMR) also recorded gains, with the token rising nearly 3% over the past 24 hours.
What could help Zcash price higher?
While the broader market rebound has supported Zcash (ZEC), other factors may also be contributing to the token’s recent bounce.
ZEC appears to be drawing momentum from a new report by the United States Department of the Treasury, which acknowledged that crypto privacy tools such as token mixers can serve legitimate purposes.
The report states that such tools may be used for “legitimate financial privacy purposes,” marking a shift in tone from previous official positions regarding mixers and other privacy-focused technologies.
“Lawful users of digital assets may leverage mixers to enable financial privacy when transacting through public blockchains,” the Treasury said in its report to Congress.
The token has also benefited from ecosystem developments.
The team behind a new Zcash-powered mobile wallet recently secured $25 million in a funding round backed by several venture capital firms active in the digital asset sector.
Zcash Open Development Lab (ZODL) has secured over $25 million in funding from a16z, Paradigm, Winklevoss Capital, Coinbase Ventures, Cypherpunk Technologies, Maelstrom (family office of Arthur Hayes), Chapter One, David Friedberg, Haseeb Qureshi, Mert, Balaji and others.
If you… https://t.co/yeTadbUCR5 pic.twitter.com/PyisPQLWVJ
— Josh Swihart 🛡 (@jswihart) March 9, 2026
According to ZODL, the backing “signals strong investor confidence” in shielded ZEC transactions.
Players that participated in the funding include Paradigm, a16z crypto, Winklevoss Capital, and Coinbase Ventures.
Others were Cypherpunk Technologies and Arthur Hayes’ family office, Maelstrom.
Josh Swihart, the former CEO of Zcash developer Electric Coin Company (ECC), founded Zodl (formerly Zashi) in 2024.
Zcash price: breakout or dump below $175?
Zcash (ZEC) was among the standout performers in the privacy-focused segment of the crypto market in 2025.
The token rallied from lows near $50 in September to a peak of about $700 by mid-November.
However, the gains proved difficult to sustain as the broader market turned lower.
As Bitcoin declined and the wider crypto market followed, ZEC retraced sharply, slipping to below $220.
The token fell further to around $184 on February 5, 2026, during a broader market sell-off that coincided with the departure of core developers from Electric Coin Company (ECC).
Following the sharp downturn, ZEC is currently down about 58% on a year-to-date basis.
Zcash price chart by TradingView
The daily chart indicates that Zcash (ZEC) has rebounded from a key support level near $200.
If upward momentum strengthens, the token could test initial resistance in the $290–$300 range, with a potential move toward $400 if buying pressure persists.
The relative strength index (RSI) has turned higher around the 50 level, suggesting the possibility of continued bullish momentum.
However, the moving average convergence divergence (MACD) points to weakening upside strength, which could give sellers an opportunity to push the price back toward recent lows.
On the downside, ZEC could decline to levels last seen in October 2025 if bearish pressure intensifies.
A decisive close below $175 may open the door to further losses, with the next key support level around $120.
Cynthia Lummis, one of Wyoming’s two US senators, who announced plans to leave the chamber in 2027, has revived a push for a de minimis tax exclusion on small cryptocurrencies transactions as the Senate debates a digital asset market structure bill.
In a CNBC interview on Wednesday, Lummis said that the House Ways and Means Committee and Senate Finance Committee were considering a $300 exemption to allow crypto users to better use Bitcoin (BTC) for transactions without paying capital gains taxes.
The Wyoming senator’s statement followed her introduction of a standalone bill in July 2025 proposing a de minimis tax exemption for crypto transactions under $300, with a $5,000 limit annually.
“We’re trying to figure out how to weigh, the appropriate way, to decide when a sale — for example of Bitcoin — should be subject to capital gains and when it should be allowed to be used as a simple means of exchange the same way we use the US dollar,” said Lummis.
Lummis, who sits on the Senate Banking Committee, said that her Democrat colleagues were still not voting “yes” on the crypto market structure bill, which passed the House of Representatives as the CLARITY Act in July 2025.
The committee had been scheduled for a markup on the bill in January, but the chair, South Carolina Senator Tim Scott, postponed the meeting indefinitely after Coinbase CEO Brian Armstrong said that the exchange could not support the legislation “as written,” citing concerns with tokenized equities.
Related: Crypto turnaround at Fed as Kraken scores account and Trump nominee goes to Senate
The Wyoming senator has been one of the most outspoken proponents for the market structure bill in Congress. However, Lummis announced in December that she would not seek reelection to the Senate, making her last day in January 2027.
Donald Trump gets deeper into crypto-banking clash on stablecoins
Concerns over the market structure bill, ranging from tokenized equities, responsibilities for US financial regulators, ethics over potential conflicts of interest, and stablecoin yield have effectively stalled progress of the legislation in the Senate.
However, last week US President Donald Trump took to social media to urge banking groups to “make a good deal” with the crypto industry, adding that banks could not hold the CLARITY Act “hostage.” As of Monday, the Senate Banking Committee had not rescheduled its markup of the bill.
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