Latest news with #MichaelVanDePoppe
Yahoo
01-08-2025
- Business
- Yahoo
Bitcoin, Ethereum, XRP, Dogecoin Under Pressure As Retail Traders Short Ahead Of FOMC
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Cryptocurrency markets are trading flat as retail traders increase short positions ahead of FOMC meeting and final tariff deadline of Aug. Ticker Price Bitcoin (CRYPTO: BTC) $118,141.45 Ethereum (CRYPTO: ETH) $3,781.15 Solana (CRYPTO: SOL) $178.44 XRP (CRYPTO: XRP) $3.09 Dogecoin (CRYPTO: DOGE) $0.2198 Shiba Inu (CRYPTO: SHIB) $0.00001288 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 9.6% and 20.8%, respectively. Daily active addresses moved higher by 2.5% and 12.7%, respectively. Coinglass data shows 121,880 traders were liquidated in the past 24 hours for $272.38 million. SoSoValue data shows net intflows of $79.9 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $218.6 million. Trader Notes: Bitcoin is forming a bullish rectangle pattern, according to trader Mags, signaling a strong continuation setup. A breakout and new all-time high may be imminent. Crypto Seth cautioned that many retail traders are shorting Bitcoin with 100x leverage ahead of FOMC, a risky strategy vulnerable to even minor price moves that could trigger massive liquidations. Trending: Be part of the breakthrough that could replace plastic as we know it—On the Ethereum front, traders continue to eye $4,000 as the major resistance level. Michael van de Poppe sees no significant shift in ETH's trajectory, anticipating further upside momentum but warning of a potential sharp correction after hitting $4,000. Ted Pillows echoed this, noting Ethereum has reclaimed liquidity and remains bullish above $3,632 support. Solana is at a critical juncture. Crypto Bullet urged bulls to defend the current support zone or risk a drop to $160. Dogecoin shows signs of resilience amid broader consolidation. Trader Tardigrade spotted a hidden bullish divergence on the 4-hour chart, with price forming higher lows while RSI prints lower lows—often an early sign of rebounding strength in a fading downtrend. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Bitcoin, Ethereum, XRP, Dogecoin Under Pressure As Retail Traders Short Ahead Of FOMC originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-07-2025
- Business
- Yahoo
Happy 10th Birthday Ethereum! Why Its Strongest July Ever Could Be Just The Beginning
The Ethereum (CRYPTO: ETH) network has celebrated its tenth birthday, with on-chain analytics platform Santiment highlighting that key metrics reflect rising demand and activity. What Happened: In a post on July 30 on X, Santiment data shoeds Ethereum's daily active addresses hitting their second-highest level of 2025 on July 27, with 680,670 wallets conducting transactions. Mean Value to Realized Value (MVRV) data show traders sitting on notable unrealized gains: +38% for annual active wallets, +15% for monthly. Whale activity surged, with 14,628 transactions over $100,000 — the fourth-highest spike this year. Wallets holding between 10,000–100,000 ETH accumulated 1.55 million ETH in three weeks, signaling aggressive buying behavior. Development remains active, too — Ethereum ranks 10th in daily GitHub events, with 157 major updates over the past month. Narratives around Ethereum have spanned everything from ETF momentum and price predictions to debates about tariff impacts and institutional adoption. Also Read: What's Next: Trader Lucky noted that Ethereum closed July with a 54.83% monthly gain, its best July since inception. This surge came alongside 19 consecutive days of ETF inflows, pointing to increasing institutional conviction. With that backdrop, Lucky predicts a potentially explosive Q3 rally. Michael van de Poppe sees a short-term top near $4,000, as volatility dries up. He anticipates a brief correction to follow, but expects broader altcoin markets to enter a strong 12–24 month bull data observes a surprising twist: despite ETH approaching its March 2024 highs, unrealized profits remain modest. In March, ETH hit +2σ (standard deviations) on the Relative Unrealized Profit metric at $3,980. Today, it's barely at +1σ, suggesting less euphoria and room to run. If Ethereum returns to +2σ conditions now, it could imply a price closer to $4,900, hinting that the current rally may still be in its early to mid-stages. Read Next:Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Happy 10th Birthday Ethereum! Why Its Strongest July Ever Could Be Just The Beginning originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-07-2025
- Business
- Yahoo
Bitcoin Steadies At $118,000 As Ethereum, XRP, Dogecoin Push Higher
Cryptocurrency markets are up on Thursday, reversing a short-lived dip following a 'hawkish' press conference by Federal Reserve Chair jerome Ticker Price Bitcoin (CRYPTO: BTC) $118,477.01 Ethereum (CRYPTO: ETH) $3,847.15 Solana (CRYPTO: SOL) $181.23 XRP (CRYPTO: XRP) $3.16 Dogecoin (CRYPTO: DOGE) $0.2229 Shiba Inu (CRYPTO: SHIB) $0.00001309 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 7.2% and 4.2%, respectively. Daily active addresses moved higher by 0.4% and 25.8%, respectively. Coinglass data shows 136,384 traders were liquidated in the past 24 hours for $423.35 million. SoSoValue data shows net intflows of $47.04 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $5.8 million. Trader Notes: Crypto trader George observed Bitcoin dipping slightly more than anticipated but successfully retesting its range lows. It now appears 'primed' for a breakout toward $121,000 and beyond. Michael van de Poppe noted Bitcoin experienced a brief liquidity sweep after the FOMC, but it quickly reclaimed its range and is looking strong and well-positioned for a move to new all-time Crypto Trades highlighted that Ethereum continues to respect Fibonacci retracement levels. While in 2021 price often bounced sharply at the 0.618, this cycle sees deeper retracements, often toward 0.786 or equal lows, before reversing. CW pointed out that Solana could rally to $270 but must first clear heavy resistance near $203 to unlock further upside. Galaxy identified a broadening wedge pattern in XRP, which continues to hold support around $3. This pattern often precedes sharp price discovery chart analyst Ali Martinez flagged a TD Sequential buy signal on the daily chart, suggesting a fresh leg up could already be underway across key altcoins. Read Next:Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Bitcoin Steadies At $118,000 As Ethereum, XRP, Dogecoin Push Higher originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
30-07-2025
- Business
- Yahoo
Bitcoin, Ethereum, XRP, Dogecoin Under Pressure As Retail Traders Short Ahead Of FOMC
Cryptocurrency markets are trading flat as retail traders increase short positions ahead of FOMC meeting and final tariff deadline of Aug. Ticker Price Bitcoin (CRYPTO: BTC) $118,141.45 Ethereum (CRYPTO: ETH) $3,781.15 Solana (CRYPTO: SOL) $178.44 XRP (CRYPTO: XRP) $3.09 Dogecoin (CRYPTO: DOGE) $0.2198 Shiba Inu (CRYPTO: SHIB) $0.00001288 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 9.6% and 20.8%, respectively. Daily active addresses moved higher by 2.5% and 12.7%, respectively. Coinglass data shows 121,880 traders were liquidated in the past 24 hours for $272.38 million. SoSoValue data shows net intflows of $79.9 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $218.6 million. Trader Notes: Bitcoin is forming a bullish rectangle pattern, according to trader Mags, signaling a strong continuation setup. A breakout and new all-time high may be imminent. Crypto Seth cautioned that many retail traders are shorting Bitcoin with 100x leverage ahead of FOMC, a risky strategy vulnerable to even minor price moves that could trigger massive the Ethereum front, traders continue to eye $4,000 as the major resistance level. Michael van de Poppe sees no significant shift in ETH's trajectory, anticipating further upside momentum but warning of a potential sharp correction after hitting $4,000. Ted Pillows echoed this, noting Ethereum has reclaimed liquidity and remains bullish above $3,632 is at a critical juncture. Crypto Bullet urged bulls to defend the current support zone or risk a drop to $160. Dogecoin shows signs of resilience amid broader consolidation. Trader Tardigrade spotted a hidden bullish divergence on the 4-hour chart, with price forming higher lows while RSI prints lower lows—often an early sign of rebounding strength in a fading downtrend. Read Next:Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Bitcoin, Ethereum, XRP, Dogecoin Under Pressure As Retail Traders Short Ahead Of FOMC originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Business Mayor
23-04-2025
- Business
- Business Mayor
Ethereum vs. Gold: Who's winning the market battle?
Gold's parabolic surge sparks risk-off warnings, but Ethereum's rally hints at risk appetite returning. Divergence grows as gold and ETH both climb — signal of macro shift or just market noise? As gold rips into parabolic territory, seasoned market watchers are raising red flags. Michael Van De Poppe, known for his timely macro calls, warns that the metal's vertical climb could mark the onset of a broader risk-off reversal. Yet, in a curious twist that challenges this cautionary tone, Ethereum [ETH] has bounced back above $1,700; hinting that the risk-on trade may still have breath left in it. So what gives? Is this an early warning of a macro shift, or are markets merely pausing before their next leg up? The gold signal Gold's breakout is sharp — almost euphoric — with price action accelerating into what Van De Poppe describes as a 'wild' move. But history suggests such vertical rallies often signal exhaustion rather than strength. According to him, this kind of parabolic run tends to precede broader risk aversion. Source: X With recession fears resurfacing, bond market volatility rising, and capital rotating into safe-haven assets, gold's surge may not be just a bullish trend. It could be the first tremor of a larger macro unwind. Ethereum: The countermove While gold moves in classic risk-off fashion, Ethereum has unexpectedly rebounded, reclaiming the $1,700 level. At first glance, this appears contradictory — ETH typically thrives during risk-on environments, not amid flight-to-safety behavior. So what's behind the strength? Source: TradingView On-chain data suggests renewed whale accumulation and a rebound from oversold conditions following recent drawdowns. Technical indicators back the move, with the RSI climbing above 70 and a bullish MACD crossover forming. Whether this signals a meaningful decoupling or if it is merely noise remains unclear. Divergence or delay?
