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Ethereum Price Slides as Peter Brandt Warns of Further f

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Ethereum Daily Price Chart

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The Ethereum price has dropped 4% in the past 24 hours, slipping to around $2,744, as selling pressure increases, and Veteran trader Peter Brandt has warned that Ethereum’s decline may not be finished yet.

Brandt points to a breakdown from a symmetrical triangle on the 24-hour Ethereum chart, a pattern he describes as a well-known bearish signal that often leads to further losses when confirmed. According to him, the breakdown indicates that sellers remain in control, especially in an environment of thin market liquidity and continued capital outflows.

These conditions make it harder for Ethereum to recover, as even small sell orders can push prices lower. Brandt adds that the lack of strong buying interest means rallies are likely to be short-lived unless market conditions improve. He also places Ethereum’s weakness within a broader market context.

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Ethereum Daily Price ChartEthereum Daily Price Chart

Brandt highlights a right-angled broadening pattern on the total cryptocurrency market capitalization chart. Following the recent market crash, the total crypto market value has already dropped to around $2.82 trillion. He warns that if this pattern continues, total market capitalization could fall toward $2.41 trillion.

ETF Outflows and Weak Sentiment Deepen Bearish Pressure

This would represent an additional 15–20% decline from current levels and could keep major cryptocurrencies such as Bitcoin, Ethereum, and XRP under continued pressure. Ethereum’s poor technical outlook matches weakening sentiment across the wider crypto market. The second-largest cryptocurrency has lost more than 46% of its value over the past few months, reflecting both global macro uncertainty and challenges specific to the crypto sector.

One of the biggest factors hurting sentiment has been steady outflows from spot Ethereum exchange-traded funds, which suggest that institutional investors are becoming more cautious. On Thursday alone, spot ETH ETFs recorded nearly $156 million in net outflows.

Fidelity’s FETH saw the largest withdrawals at $59.2 million, followed by BlackRock’s ETHA with $54.9 million. Grayscale’s ETHE and ETH products also experienced significant outflows of $13.1 million and $26.5 million, respectively. These continued redemptions reinforce concerns that institutional demand for Ethereum remains weak in the near term.

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Ethereum Price Breaks Out Below Key Support

Ethereum (ETH/USD) on the 4-hour timeframe is showing a clear shift in market structure, with bearish momentum now dominating after a decisive breakdown below key support. Price action highlights a failed recovery attempt that transitioned into a strong bearish continuation.

Initially, ETH formed a rounded bottom pattern, signaling a gradual accumulation phase. This structure allowed price to rally toward the upper resistance zone around the $3,300–$3,350 region, which had previously acted as a strong supply area. However, repeated rejections from this resistance zone indicated weak bullish follow-through, suggesting that sellers remained firmly in control.

Following the rejection, ETH broke below the major support level near $2,950–$3,000, which had acted as a demand zone during prior consolidation. This breakdown is technically significant, as former support has now flipped into resistance. The move was impulsive, confirming a bearish breakout rather than a false move or liquidity sweep.

Ethereum priceEthereum price

ETHUSD Chart Analysis. Source: Tradingview

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Momentum indicators reinforce the bearish bias. The RSI (14) has dropped toward the lower range, hovering near oversold territory but without showing bullish divergence. This suggests that selling pressure remains active, and any short-term bounce could be corrective rather than trend-reversing. The RSI failing to reclaim the 50 midline further confirms bearish control.

Structurally, ETH is now forming lower highs and lower lows, a classic downtrend signal on the 4-hour chart. The bearish candle expansion following the support break also points to strong selling participation rather than weak retail-driven moves.

Looking ahead, the next key area to monitor lies around the $2,650–$2,700 region, which could act as a temporary demand zone or pause area. If this level fails to hold, downside risk may extend toward deeper liquidity zones below. On the upside, any recovery attempts are likely to face resistance near the broken $2,950–$3,000 support band.

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Morgan Stanley’s bitcoin ETF opens today, giving BlackRock’s $55 billion IBIT fund its toughest rival yet

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Morgan Stanley's bitcoin ETF opens today, giving BlackRock’s $55 billion IBIT fund its toughest rival yet

BlackRock’s most successful exchange-traded fund (ETF) is facing its clearest challenge yet, as Morgan Stanley rolls out a cheaper rival with direct access to trillions in client capital.

Morgan Stanley’s ETF, trading under MSBT, began trading Tuesday with a 0.14% expense ratio, below the iShares Bitcoin Trust’s (IBIT) 0.25%. The difference is narrow but lands in a market where price is one of the few levers investors can pull.

Each spot bitcoin ETF holds bitcoin and tracks its price. That leaves cost, liquidity and access as the main points of difference. IBIT has led on scale and trading activity since launch, becoming the most liquid vehicle for both shares and options tied to bitcoin ETFs with roughly $55 billion in assets-under-management.

That liquidity gives IBIT an edge that may be hard to replicate.

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“The launch will impact things but it will be interesting to see if it can actually siphon assets from other funds,” said James Seyffart, ETF analyst at Bloomberg Intelligence. “IBIT is the most liquid ETF for trading and in the options market and it’s unlikely MSBT will ever compete with that. At least not anytime remotely soon.”

Still, Morgan Stanley’s entry changes the competitive balance.

The bank can tap its vast wealth management network, where advisors can shift client allocations with a single trade. In practice, that means new demand may be directed toward MSBT rather than existing funds like IBIT.

“Distribution is king in the ETF space, and Morgan Stanley has that in spades with its army of wealth managers,” said Nate Geraci, president of the ETF Store. “Combined with MSBT being the lowest-cost spot bitcoin ETF on the market, that’s a strong recipe for success.”

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Geraci added that MSBT, which uses undercuts IBIT by 11 basis points, a gap large enough to draw attention from both investors and BlackRock.

IBIT’s position reflects how the market has evolved. Early inflows favored large, trusted issuers with deep liquidity. Over time, as more trusted names have entered the market, fee sensitivity has grown.

Morgan Stanley’s launch may speed up that shift, even if IBIT retains its lead in trading volume.

The result is a more defined split in the market. IBIT offers depth and liquidity for active traders.

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Newer entrants like MSBT compete on cost and distribution. Morgan Stanley’s wealth management arm oversees trillions in client assets and has one of the largest adviser networks in the industry, giving the bank a steep advantage. As more capital moves through financial advisors rather than direct trading, that channel may carry increasing weight.

For now, IBIT remains the benchmark. But with fees falling and new entrants targeting its position, its grip on flows may face its first sustained test.

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South Korea Tightens Crypto Withdrawal Delay Exemptions

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South Korea Tightens Crypto Withdrawal Delay Exemptions

South Korea’s financial regulator said it will tighten the exception rules under crypto exchanges’ withdrawal-delay system after finding that scam-linked accounts granted exemptions accounted for most voice-phishing-related losses. 

The Financial Services Commission (FSC) said Wednesday that the strengthened framework, developed with the Financial Supervisory Service (FSS) and the Digital Asset eXchange Alliance (DAXA), will impose unified standards on when users can bypass withdrawal delays. 

The regulator said exchanges had been applying their own exception criteria with no clear minimum standard, creating loopholes that let bad actors quickly move funds if they meet easy requirements such as account age or trading history. 

From June to September 2025, accounts granted withdrawal-delay exemptions made up 59% of fraudulent accounts and 75.5% of related losses at crypto exchanges, the FSC said.

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The move follows a wider South Korean push to tighten crypto exchange controls after voice-phishing abuse and operational-control failures, including fresh reforms announced this week after Bithumb’s Bitcoin (BTC) payout error.

Transfer route and protection device for voice phishing damage through virtual assets, translated to English. Source: FSC

Unified rules aim to curb misuse of withdrawal-delay exemptions

The FSC said that under the new rules, exchanges must assess factors like trading frequency, account history and deposit and withdrawal amounts when determining whether a user qualifies for a withdrawal-delay exemption. 

The regulator said the change is expected to reduce the number of users eligible for exemptions sharply. The FSC said a simulation showed the share of users eligible for exemptions would fall to around 1% under the new rules, but did not provide a baseline for comparison.

Related: South Korean brokerage Korea Investment & Securities eyes Coinone stake: Report

The FSC said it will also strengthen oversight of users granted exemptions through periodic checks, including verification of the source of funds, and by building systems to monitor suspicious withdrawal activity. 

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The regulator added that they will continue reviewing the rules to prevent new circumvention methods and adjust as needed. 

The move adds to a broader push by South Korean regulators to tighten oversight of crypto exchanges following recent incidents. 

On Tuesday, the FSC ordered exchanges to reconcile internal ledgers with actual asset holdings every five minutes after an inspection linked to the Bithumb payout error found gaps in internal controls and risk management systems.

On Jan. 29, South Korea expanded crypto licensing scrutiny to cover exchanges and major shareholders. 

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Magazine: ‘Phantom Bitcoin’ checks, Drift hack linked to North Korea: Asia Express