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BitMart:- CEO Nenter Chow led crypto Exchange, BitMart, is making major strides in scaling its platform globally. This happens as the crypto Exchange announces two major moves. One, it has announced a new AI tool called X Insights that will turn the X conversations into real-time market signals. Second, the exchange has become the second
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Between June 9 and 13, sixty major Bitcoin-related (BTC) announcements were made by companies around the world, according to data shared by @btcNLNico on X. The Bitcoin Treasury Strategy is entering a rapid growth phase, with more firms adopting the leading cryptocurrency as part of their financial infrastructure. Over 2,500 BTC Added as New and
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Ethereum price is attracting renewed market attention as analysts present technical scenarios pointing toward a potential move above the $2100 mark. Recent analyses from experts suggest that Ethereum price behavior is showing both bullish short-term structure and macro-level cyclical patterns, which could support an upward continuation if key levels hold.
Analyst Crypto Patel shared insight on the X platform, identifying a bullish price setup on the ETH/USDT chart. According to Patel, the top altcoin has shown a strong displacement move to the upside, which has led to a shift in market structure. This move followed a reaction from a previously identified bullish Point of Interest (POI).
Ethereum price is reacting positively from a key mitigation block near $2064.60, indicating strong institutional demand. The mitigation block represents a zone where the top altcoin price retraced after a breakout, often used by institutional traders to mitigate prior orders before continuing the trend. This setup places the entry for a long position within the upper mitigation zone, aligning with smart money principles.
The price target of $2128.12 aligns with a swing high liquidity zone, suggesting a likely smart money-driven move upward. These zones often hold clustered stop-loss orders and pending buy positions. A move into this area could allow investors to capture liquidity before a reversal. Patel sets a stop-loss at $2027.20, just below the mitigation block, providing a defined risk level if the altcoin price structure fails.
Another analyst, TimeFreedomROB, posted a chart on X comparing Ethereum price weekly structure to its 2018–2020 cycle. The analysis shows ETH breaking below an ascending triangle, mirroring its past breakdown below a descending triangle before its major 2020 recovery. In that prior cycle, ETH price formed a macro bottom and rallied from under $100 to nearly $4800.
According to the chart, Ethereum price is currently trading near $2060. It recently broke below the $2300 psychological level and tested the lower diagonal trendline around $1800. This area corresponds with horizontal demand levels from previous years. The chart implies this could represent a final shakeout phase before a strong upward move, similar to historical cycles.
The support zone between $1800 and $2000 has acted as a long-term base in earlier market periods. A reclaim of the $2200–$2400 range is important for Ethereum price to confirm a shift back into bullish momentum on the weekly timeframe.
Additionally, the macro view provided by TimeFreedomROB outlines possible reversal targets if the price continues to follow historical patterns. In 2020, ETH saw a 40x increase following structure reclaim. While current conditions differ, the projected path includes potential resistance levels at $3600, $4870, and an extended range of $6000–$7500.
Supporting the bullish projections, analyst MAXPAIN noted that ETH price could retrace to the $1,900 zone before a potential rally to $3,000. His analysis, based on the TPO chart, identifies the $1,874–$1,924 range as a key support and accumulation area.
The top altcoin is currently trading at $2,064.98, showing an 8.10% gain over the past 7 days. Its market cap stands at $249.12 billion, with a 24-hour trading volume of $11.71 billion.
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The Pi Network price continues to rise in a high-volume environment, beating other popular cryptocurrencies. This surge has coincided with the ongoing adoption and the rising optimism that it will soon be listed on Binance. As a Made in USA crypto, there are some signs that the SEC will approve a Pi coin ETF, a move that would push its price higher.
The SEC, under Donald Trump, has become more friendly to the crypto industry. It has already ended major lawsuits on companies like Uniswap, Coinbase, and Gemini.
There are also hopes that the SEC will start approving various crypto ETFs. The most notable ones are Solana, XRP, and Litecoin.
Pi Network has some qualities that would make one of the big financial services companies to apply for a spot ETF. It is a large crypto with a market cap of $13.6 billion and a fully diluted valuation of $195 billion. This makes it bigger than other ETF candidates like Litecoin and Hedera. It is also a Made in USA coin, which Trump is focusing on.
Further, Pi Network cannot be classified as a security since it is a proof of work coin like Litecoin and Bitcoin. As such, Pi cannot be accused of being a security since the developers never had a token sale. These features also mean that the Pi Network may be added into Trump’s crypto reserve.
A Pi Network ETF would likely be a good catalyst for the coin as others have done. For example, the XRP and LTC prices rose as ETF approval odds rose.
The value of Pi coin was at $1.97 on Wednesday, meaning that it needs to rise by almost 5,000% from the current level. Such big moves are possible in the crypto industry. For example, Mantra price has jumped by almost 30,000% since December 2023. As such, a Pi coin ETF would be a validation and help to quell concerns that Pi Network was a scam.
Pi Network price has some solid technicals as it has just formed a falling wedge pattern on the hourly chart. A falling wedge often leads to a bullish reversal, which explains why it has risen to the highest point since March 2. Pi also wants to flip the key resistance level at $1.96, the highest level on March 3.
Therefore, the Pi coin token will likely continue rising as buyers target the key level at $3.01. Such a rally would be a 52% surge from the current level. More gains, potentially to $5 will be confirmed if it rises above that price.
A drop below the support at $1.5177, its March 2 low, will invalidate the short-term bullish view. Such a move will point to further downside, potentially to the next key support at $1
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