ETHZilla will now go by Forum in its second rebrand in less than 12 months as it looks to catch a windfall from the hype around tokenization.
The Reform UK party was the first to accept crypto donations in May last year, with leader Nigel Farage announcing the group is accepting Bitcoin and other cryptocurrency contributions.
After losing key structure and breaking below major support, Ethereum is now approaching a critical high-timeframe demand zone. This level has historically acted as a foundation for reversals, making it a pivotal area to watch. The question now is whether the breakdown extends, or if this test marks the beginning of a broader bottoming process. High-Timeframe Support Lost After Repeated Rejections In a recent Ethereum analysis, crypto analyst Luca outlined why the breakdown below the high-timeframe support range marked in purple significantly shifted the market structure. After losing that level and facing repeated rejections, the probability tilted toward continued downside. The failure to recover that zone signaled weakening bullish momentum and opened the door for the price to seek liquidity lower. Related Reading: Ethereum Caught Between Weak Bounce And High-Timeframe Risk – What’s Next? The most logical downside target sits at the high-timeframe support range marked in green, which aligns with the early-April 2025 bottoming formation. This is a technically significant area because it is where buyers previously stepped in aggressively and where they may be incentivized to do so again. He emphasized that the risk-reward profile becomes far more favorable if Ethereum trades into that green support region. A move into that area would likely create better positioning opportunities for swing longs, prompting him to gradually scale out of hedge positions and rotate capital back into spot holdings in anticipation of a potential upside reversal. Until then, Luca remains patient, avoiding new entries or adjustments to his spot exposure unless price tests the high-timeframe green support zone, or Ethereum breaks back above the 1D Bull Market Support Band. That band, currently sitting around $2,000, is serving as resistance when tested. As long as Ethereum remains below that $2,000 band and hasn’t yet tapped into the stronger high-timeframe green support, Luca believes the path remains to the downside on lower timeframes. In his view, further weakness or consolidation is more likely in the near to mid-term before a sustainable bullish reversal structure can properly form. Ethereum Capitulation Complete At $1,800 Ethereum has already gone through its capitulation phase, with price flushing into the $1,800 zone in what appeared to be an emotional sell-off. That sharp move likely marked peak fear, forcing weaker hands out of the market and clearing excessive leverage built up during the prior structure. Related Reading: Ethereum Price Holds Key 5-Year Demand Area Amid Heavy Whale Transfers As Cyril-DeFi noted, price action is stabilizing and moving sideways, and the intensity of selling pressure has noticeably slowed. Volatility is compressing, and the aggressive downside momentum that defined the drop is no longer present. Although this phase feels dull and uneventful, it’s often how sustainable bases are formed. Holding the $1,800 region is therefore significant; it suggests that panic has subsided and that Ethereum may be transitioning from distribution into early-stage accumulation. Featured image from Adobe Stock, chart from Tradingview.com
Solana (SOL) is attempting to stabilize after weeks of selling pressure, with price action now centered around a critical technical zone that could determine its next directional move. Related Reading: MoneyGram Joins Cardano’s Midnight As Federated Mainnet Validator After falling from recent highs near $86, the Solana price rebounded from support around $75–$76 and climbed back above $80, drawing renewed attention from traders and institutional investors watching for signs of a broader recovery. Recent market data shows Solana price in a consolidation phase, where improving derivatives positioning and fresh ETF inflows are beginning to offset weak sentiment caused by declining network activity and external market shocks. ETF Inflows Signal Institutional Re-Engagement A key catalyst behind the latest recovery has been renewed institutional demand. U.S. spot Solana ETFs recorded approximately $3.78 million in net inflows on February 24, reversing a stretch of outflows that had coincided with price weakness. Cumulative inflows into Solana-linked ETFs have now surpassed $900 million, suggesting continued interest from regulated market participants despite volatility. Derivatives markets also show improving sentiment. OI has risen while long positions increasingly outweigh shorts, indicating traders are adding exposure rather than exiting positions. Short liquidations following the rebound from $76 helped remove near-term selling pressure, allowing price to reclaim the $80 region. Technically, SOL is holding above key short-term averages and the 50% Fibonacci retracement of its recent decline. Momentum indicators such as the RSI moving above neutral levels suggest buyers are regaining control in the short term. Solana Price Key Resistance Levels Between $85 and $90 Despite improving momentum, resistance remains concentrated between $85 and $88, a zone that previously rejected multiple recovery attempts. A confirmed close above this band could open a path toward $90–$94, where higher-timeframe resistance and trend indicators converge. Chart patterns are also drawing attention. Analysts point to a potential triple-bottom formation near $75, often interpreted as a reversal structure if followed by strong volume. However, failure to maintain support above $79–$80 could expose Solana price downside levels near $77 and potentially $74 again. Risks Persist After Ecosystem and Activity Declines The recovery comes amid ongoing ecosystem concerns, including a platform shutdown following a major hack and declining on-chain activity. Falling active addresses and total value locked signal weaker engagement. Related Reading: Odds Of Crypto Market Structure Bill Passing This Year Fall To 40% On Polymarket Currently, Solana’s outlook now depends on whether institutional inflows and technical stability can offset soft network metrics. Holding $80–$83 as support could open a move toward $90, while failure may keep price consolidation in place. Cover image from ChatGPT, SOLUSD chart from Tradingview
Whales vs. shorts: ADA’s volatility loop explained.
Online claims have drawn attention to how institutional middlemen hedge Bitcoin ETF shares, exposing a gap between inflows and spot buying.
Bitcoin swiftly recovered after a steep drop, but market uncertainty persists. Indicators show leverage reduction and limited selling, yet strong new buying is absent. Continue Reading: Bitcoin’s Rapid Recovery Fuels Optimism but Uncertainty Lingers in Crypto Markets The post Bitcoin’s Rapid Recovery Fuels Optimism but Uncertainty Lingers in Crypto Markets appeared first on COINTURK NEWS .
Reports show both Anthropic and OpenAI are revising safety commitments amid surging investment and competition.
Meta, Coinbase, and Kraken are racing to build financial superapps, blending stablecoin payments, 24/5 stock trading, and 24/7 tokenized derivatives as digital assets converge with mainstream markets under evolving SEC guidance. Crypto’s Superapp Era Ignites as Meta, Coinbase, and Kraken Redraw Financial Boundaries Major technology and crypto companies are accelerating efforts to blend payments, trading,
Bitcoin neared $70,000 this week, sparking renewed debate about market direction. Spot demand and technical indicators show tentative recovery, but risks remain significant. Continue Reading: Bitcoin Surges Toward $70,000 as Market Remains on Edge The post Bitcoin Surges Toward $70,000 as Market Remains on Edge appeared first on COINTURK NEWS .