From Ethereum whales scooping up nearly $1B to Cardano’s repeated struggles below $0.37 β here’s what crypto investors need to know this weekend.
π Bitcoin Flat at $89K β Calm Before the Storm?
Bitcoin (BTC) continues to trade sideways around $89,500, showing little movement over the past 24 hours. Despite what might appear as healthy consolidation, technical indicators suggest weakening buyer momentum. Weekly losses still hover around 6%.
Analysts note that structural support remains intact, but RSI and on-chain data imply growing bearish divergence. Traders should remain cautious of a potential dip if volume fails to pick up.
π³ Ethereum Whales Accumulate After 15% Correction
Ethereum (ETH) recently bounced off key support at around $2,950 after dropping more than 15.6% from its January highs. While price action remains under pressure (11% weekly decline), whale activity tells a different story.
Large holders have added over $1 billion in ETH during the correction, a potential sign of long-term confidence and accumulation at discounted levels.
Discover whatβs next for ETH
β οΈ Cardano Struggles to Break $0.37 β 3 Bearish Signals
Cardano (ADA) has bounced roughly 7% since January 20, but failed to break meaningful resistance at $0.37. This marks another unsuccessful rally attempt in the current downtrend.
BeInCrypto highlights three key reasons why ADA price may continue to struggle:
- Weak volume on bounces
- Macro downtrend structure
- Lack of bullish catalysts
π EU Crypto Regulation Shakeup Before MiCA Deadline
Binance is reportedly positioning itself strategically in Europe, moving quietly in Greece to gain regulatory footing before the Markets in Crypto-Assets (MiCA) framework kicks in.
This move could drastically reshape how crypto platforms operate in the EU. The MiCA deadline looms, and late entrants are rushing to adjust.
π 3 Altcoins to Watch This Weekend
As geopolitical tensions ease, the crypto market may stabilize. BeInCrypto highlights three altcoins showing strong setups for the weekend:
- Altcoin A: Potential breakout from a descending wedge
- Altcoin B: Volume surge and bullish RSI crossover
- Altcoin C: Re-test of previous resistance as new support
π’ Stay Ahead of the Market
π‘ Pro Tip: Macro uncertainty and technical breakdowns are increasingly influencing short-term price action. Consider setting alerts near key support/resistance and keeping an eye on whale wallet activity.
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