Coinbase Prime to End Custody Support for 49 Altcoins by April’s End

Hedera (HBAR) enters May in a fragile yet potentially explosive technical setup, with futures activity cooling and price movements closely tied to Bitcoin’s momentum. HBAR Futures volume remains subdued, suggesting a decline in speculative interest compared to earlier this year.

Meanwhile, HBAR continues to track Bitcoin’s performance with amplified volatility. As BTC flirts with the $100,000 level and sentiment shifts bullish, HBAR could either break through key resistance levels and rally toward $0.40—or face a deeper correction if technical support fails.

Low HBAR Futures Volume Points to Cooling Speculation

HBAR Futures volume is currently at $118 million, up from a recent low of $76 million on April 19—its lowest point in the last three months.

This follows a steady decline from much higher levels seen earlier in the year.

Notably, HBAR Futures open interest had peaked at $1.3 billion on March 1 but has not surpassed $300 million since April 12, signaling a significant drop in speculative activity around the token.

Hedera Futures refer to derivative contracts that allow traders to speculate on the future price of HBAR, the native token of the Hedera network. Both retail and institutional participants often use these contracts to hedge risk or take leveraged positions.

Futures volumes and open interest are key indicators of market sentiment and liquidity—higher volumes typically suggest stronger conviction or increased trading activity. At the same time, declining figures may reflect reduced interest or confidence in near-term price action.

The current lower levels suggest HBAR’s recent price movements may have been more influenced by spot demand than leveraged speculation.

Hedera’s High Correlation with BTC Could Drive Next Rally

HBAR has recently shown a high correlation with Bitcoin (BTC), often amplifying the moves of the broader crypto market leader.

When BTC rallies, HBAR tends to rise even more sharply; conversely, HBAR often experiences deeper pullbacks during corrections. This pattern reflects Hedera’s sensitivity to market sentiment and positioning as a higher-beta asset in the crypto space.

As a result, shifts in Bitcoin’s trajectory, especially during periods of strong momentum, can significantly influence HBAR’s price action.

With Bitcoin up 13% in the past 30 days and now sitting just 6.3% below the $100,000 mark, the next leg higher could have a strong spillover effect on HBAR.

On-chain data shows a recovery in BTC’s apparent demand, while institutional sentiment is gradually improving, with ETF inflows showing early signs of a rebound. If Bitcoin breaks above $100,000, HBAR could benefit from renewed capital inflows and rising market enthusiasm.

Given HBAR’s tendency to outperform BTC in bullish phases, a decisive Bitcoin breakout could be a powerful catalyst for a broader move in Hedera.

Key Levels to Watch as HBAR Faces Bullish Breakout or Death Cross

HBAR price faces a critical technical setup heading into May, with the potential for a sharp move in either direction. On the bullish side, if HBAR can attract strong buying pressure and establish a sustained uptrend, it could climb as much as 123% to reach $0.40.

To do so, the token must first break through a series of key resistance levels at $0.20, $0.258, $0.32, and $0.37—each of which has previously acted as a rejection point during past rallies.

A successful breakout through these levels could signal renewed momentum and broader market confidence in Hedera.

However, downside risks remain firmly in play. HBAR’s EMA lines show signs of an impending death cross—a bearish pattern in which the short-term average moves below the long-term average, indicating that a deeper correction may be ahead.

If this formation is confirmed, HBAR could first test support at $0.16. Failure to hold that level may lead to further losses toward $0.124, and in a more aggressive downtrend, prices could decline to $0.0053.

The post What To Expect From Hedera (HBAR) In May 2025 appeared first on BeInCrypto.

Ethereum (ETH) is entering a critical week, with technical signals, on-chain data, and a major upgrade all converging. The Pectra Upgrade, set for May 7, aims to improve staking and wallet functionality, but short-term volatility is likely during the rollout.

Meanwhile, ETH’s BBTrend sits at 1.22, showing early bullish momentum, though not yet strong enough to confirm a breakout. At the same time, whale activity remains near 5,463 addresses, and price continues to trade in a tight range between $1,828 and $1,749—setting the stage for a potential breakout or breakdown.

Ethereum Pectra Upgrade Set for May 7: What to Expect

Ethereum’s highly anticipated Pectra Upgrade is set to go live on May 7, introducing 11 new Ethereum Improvement Proposals (EIPs). EIP-7251 stands out for raising the staking cap from 32 ETH to 2048 ETH, aiming to streamline validator operations and boost staking efficiency.

The upgrade also includes wallet improvements focused on user experience, such as easier recovery and gasless transactions, which could drive broader dApp adoption. While this may increase ETH demand long term, exchanges could temporarily halt ETH transfers during deployment, causing short-term volatility.

Though the upgrade promises significant enhancements, it has already faced multiple delays due to extended testing on networks like Hoodi and Sepolia. A smooth rollout may boost confidence and price, but any technical issues could trigger negative market reactions.

ETH Trend Signal at 1.22: Early Uptrend or Just Noise?

Ethereum’s BBTrend indicator is at 1.22, signaling a mild bullish bias. Over the past day, the BBTrend reached a high of 2.23, showing stronger momentum before pulling back slightly.

Although the current reading has cooled, it remains positive, suggesting the uptrend is not yet invalidated. Traders are watching whether BBTrend can rise again to confirm renewed strength or if momentum continues to fade.

The BBTrend (Band-Break Trend) is a volatility-based indicator designed to detect the strength and direction of price trends. Readings above 1.00 typically suggest a bullish trend, while readings below -1.00 indicate a bearish trend.

Values between -1.00 and 1.00 are considered neutral or trendless, signaling either sideways movement or weak conviction in either direction. The farther the BBTrend moves from zero, the stronger the trend, making values like 2.23 notable for trend confirmation.

With ETH’s BBTrend at 1.22, the indicator hints at a weak but positive trend—suggesting Ethereum may be entering the early stages of an uptrend.

However, it’s not a strong breakout level, meaning the price could still reverse if selling pressure increases or momentum fades.

A push back above 2.00 would likely confirm sustained bullish momentum, while a drop below 1.00 might indicate a return to consolidation or even a shift to bearish conditions.

Adding to the broader picture, the number of Ethereum whales—addresses holding between 1,000 and 10,000 ETH—currently stands at 5,463.

This number has fluctuated in recent weeks, struggling to break decisively higher. Whale activity is a critical on-chain signal, as these large holders often influence price movements through accumulation or distribution. A steady or rising whale count typically signals confidence and long-term accumulation, which could support ETH’s price in the coming weeks.

Conversely, a continued stall or drop in whale numbers may reflect hesitation among larger investors, potentially limiting upside momentum.

ETH Stuck in a Range as Traders Await Breakout or Breakdown

Ethereum price has traded between $1,828 resistance and $1,749 support since April 21. The range has held for over two weeks, showing market indecision.

The EMA lines remain bullish, with short-term averages still above long-term ones. However, they’re starting to converge, and a death cross could form soon.

If the $1,749 support breaks, ETH could fall to $1,689. If the downtrend intensifies, targets like $1,538 and $1,385 become relevant.

On the upside, if ETH breaks $1,873, it could rally to $1,954, and possibly hit $2,104, reclaiming the $2,000 level for the first time since March 27.

The post ETH Traders Eye Breakout as Ethereum Awaits Pectra Upgrade appeared first on BeInCrypto.

Strategy recently posted its Q1 2025 earnings report, showing over $4.2 billion in net losses despite gains on its Bitcoin holdings. Shortly afterward, the firm declared its intention to sell $84 billion in new offerings.

Shareholders’ responses are mixed, with some fearful of failing fundamentals and their own stocks being diluted. Still, this audacious plan has its supporters, with Bitcoin’s price on the rise.

Strategy’s Biggest Bitcoin Buy

Strategy (formerly MicroStrategy) hasn’t shown much interest in changing its plan for systematic Bitcoin acquisition. Its latest earnings report takes great care to show its returns on this investment: It holds 553,555 BTC, at an average cost of $68,459 each, and has gained $5.8 billion from Bitcoin.

Despite this, however, the company lost over $4.2 billion overall. The firm’s net losses are primarily due to a $5.9 billion unrealized loss on digital assets, reflecting the volatile nature of cryptocurrency investments.

Strategy’s unrealized losses have drawn concern from the community and speculation that the company might have to sell its Bitcoin. In early April, these losses possibly contributed to a pause in its BTC purchases.

Initially, the report claimed that Strategy was offering $21 billion in new stock sales to buy more Bitcoin. Soon after, however, Michael Saylor claimed that his firm was setting a much more audacious goal:

“Strategy… doubles capital plan to $42 billion equity and $42 billion fixed income to purchase bitcoin, and increases BTC Yield target from 15% to 25% and BTC $ Gain target from $10 billion to $15 billion for 2025,” Saylor said.

The community has been conflicted about this announcement. Two months ago, Strategy’s entire Bitcoin holdings amounted to $42 billion, and its largest stock offering in 2025 was $2 billion.

Compared to these figures, $84 billion in new offerings looks completely infeasible for several reasons. The main concern isn’t even finding enough buyers.

Dear MSTR shareholders, you’re getting bent.

Saylor needs to sell more common stock which he knows the shareholders won’t like. Therefore he disguises it in a “42/42” plan, despite having 20 BILLION of unsold preferred remaining from the previous plan. Why not issue it all?… https://t.co/WtUMHCt2nN pic.twitter.com/YrkztgPmVj

— Leverage McGee (@LeverageMcgee) May 1, 2025

In other words, Strategy’s Q1 earnings report clearly shows that the firm has this reserve of preferred stock it could use to buy Bitcoin.

However, the company can’t execute these sales because of its steep losses and lack of cash flow. Offering these new shares instead would allow Saylor to gain fresh liquidity, but this would dilute existing shareholders’ holdings.

Still, some shareholders remain bullish about Strategy’s intention to buy more Bitcoin. Ultimately, the company remains a key pillar for the market’s confidence in BTC. If its investors start heading for the door, it could have adverse implications on the token’s price.

The post MicroStrategy Reports $4.2 Billion Net Loss in Q1 Despite a 13% Bitcoin Yield appeared first on BeInCrypto.