Citi analysts upgraded Galaxy Digital stock, forecasting a 40% rally to $28 despite recent challenges from the crypto winter and technical indicators suggesting potential near-term downward pressure.
Nvidia stock faces downward pressure and potential correction toward the $212 level following Microsoft's debut of the Maia 300 chip, growing AI hardware competition, and cautious market sentiment.
Ethereum fell about 6.7% toward the $2,600 area as U.S. spot Ethereum ETFs recorded significant net outflows and bullish long liquidations exceeded $155 million during a broader market selloff.
Ethereum targets $2,855 after reclaiming the $2,600 level, backed by ongoing accumulation and a new Layer-1 and Layer-2 atomic transaction test, though rising exchange inflows pose near-term selling risks.
Key Insights: Ethereum price held near $2,700 on Oct. 5 as traders watched resistance around $2,800. Analyst Ted Pillows said a weekly close above that level, supported by spot demand, could bring $3,400–$3,500 into focus. The setup came as Bitmine Immersion Technologies expanded its Ethereum treasury. The company bought another 15,112 ETH last week and…
Ethereum trades near $2,700 as rising fund holdings contrast with falling social sentiment, while technical analysts target the $5,000 long-term resistance before higher price projections.
Ethereum price faces a crucial test at the $2,800 resistance zone, with historical fractals and technical setups pointing to potential targets of $3,963 and a record-high $4,850 region if the breakout succeeds.
BitMine Immersion Technologies expanded its Ethereum treasury past 6 million ETH after acquiring an additional 17,362 tokens, coinciding with Ethereum achieving its strongest weekly close in eight months.
Ethereum tests key resistance levels near $2,800 and the 100-week simple moving average, raising questions about whether ETH can maintain bullish momentum and eventually reach the $3,400 target.
Prediction market platform Kalshi is facing scrutiny and allegations of wash trading regarding its cryptocurrency perpetual futures and prediction markets, though the company has strongly denied the claims.
Ethereum whale activity surges as analysts point to a potential cup-and-handle breakout targeting $10,000. Meanwhile, U.S. spot Ethereum ETFs record $143.8 million in net inflows, ending a three-day withdrawal streak.
