Ethereum price could reach $11,340 if Bitcoin rallies past $378K, pushing Satoshi’s net worth above Elon Musk. Ethereum (ETH) Stagnates at $,2500 as Bitcoin Tops $109K Ethereum (ETH) traded at $2,511.11 on May 21, 2025, recording a modest 0.4% daily gain and 3.4% weekly growth. Despite Bitcoin reaching a new all-time high above $110,000, Ethereum lagged behind in momentum relative to prior bull cycles. ETH’s current price represents a 59.3% rise over the past 30 days, driven largely by macro tailwinds including rising Bitcoin ETF inflows and increased institutional interest in Layer-1 blockchains. Ethereum Price Action (ETHUSDT) | Coingecko ETH price traded in a 24-hour range between $2,473.89 and $2,600.00, underperforming Bitcoin’s 7.5% gain over the same period. Ethereum’s market capitalization remains firmly second at $307 billion, while its BTC pair sits at 0.02312, up 1.7% on the day, signaling a slight recovery in ETH/BTC momentum. Notably, trading activity in… Read More at Coingape.com
Following comments by Federal Reserve Chair Jerome Powell, Ethereum’s price is struggling as it fails to validate a clear upward trend. On April 16, during a speech in Chicago, Powell stated that the Federal Reserve is not in a hurry to lower interest rates, highlighting a cautious “wait-and-see” approach that depends on further economic data. This announcement led to an increase in Ethereum’s exchange inflows, signaling increased chances of a potential bearish correction.
Ethereum Faces Rising Bearish Threats
Ethereum’s price has been trending downward, impacted by the Federal Reserve’s cautious outlook on the economy, which has dampened investor sentiment. According to data from Coinglass, Ethereum saw approximately $40.6 million in liquidations over the past 24 hours. Of this, long positions accounted for about $26 million, while short positions made up roughly $14.6 million.
The recent price decline coincided with a sharp increase in exchange reserves. On the previous day alone, more than 77,000 ETH were transferred to derivative exchanges, marking the largest single-day net inflow in several months. This sudden rise in supply increases the potential for selling pressure.
However, data from IntoTheBlock reveals that the Netflow metric remains negative, at approximately -6,800 ETH. This indicates that overall outflows have exceeded inflows, suggesting that many investors were accumulating Ethereum amid the price decline.
Coinglass further reveals that open interest for Ethereum has been rising despite the downward pressure. The OI metric surged by over 3.87%, touching over $18 billion. However, the funding rate has been trending around the negative region at 0.0015%. As a result, bears still have the control to consolidate ETH with immediate Fib support levels.
However, the current decline might turn out to be a strong rebound soon. According to a CryptoQuant analyst, Ethereum is trading close to its realized price, a level that has often signaled major rebounds in the past. The realized price, now around $1,585, is seen as a strong point for value buying.
What’s Next for ETH Price?
Ether’s attempt at a price recovery is losing momentum around EMA trend lines as bears strongly defend EMA20 level. As a result, the price is hovering around the descending resistance line. Currently, ETH price trades at $1,588, declining over 1.5% in the last 24 hours.
If sellers manage to drive the price below $1,400, it could trigger a deeper decline toward the end of the bearish channel at $1,130. This level is expected to attract buying interest, but if bearish momentum remains strong, a further drop toward $1K is possible.
On the upside, a decisive break and close above $1,700 would be the first indication that buyers are regaining control. Such a move could open the path for a rally toward $2K. Although the 50-day SMA might slow down the recovery, it is likely to be surpassed if bullish momentum builds. A strong push above $2K would suggest that the downtrend may be reversing.
The post Ethereum Eyes Another Correction as Selloff Risks Grow: What’s Next for ETH Price? appeared first on Coinpedia Fintech News
Following comments by Federal Reserve Chair Jerome Powell, Ethereum’s price is struggling as it fails to validate a clear upward trend. On April 16, during a speech in Chicago, Powell stated that the Federal Reserve is not in a hurry to lower interest rates, highlighting a cautious “wait-and-see” approach that depends on further economic data. …
Pi Network price is at a pivotal point amid a reduction in Pi Coin mining activity. Miners are capitulating at a time when Pi Coin price is struggling to regain its bullish momentum. As mining activity drops and miners and bearish headwinds from economic uncertainty intensify, can the Pi network token recover, or should traders brace for more declines? Let’s explore.
Pi Network Price Analysis as Miners Capitulate
Pi Network price trades at $0.603 today with a slight 1.8% gain in 24 hours. These gains follow a modest recovery across the broader crypto market, as Bitcoin price rebounded above $82,000.
Analysts have now stated that Pi Network miners are giving up. One noted that they are likely capitulating because the already mined coins have not been moved to their wallets. He stated,
Pi Coin Mining
Miners are crucial to price stability and performance. If these stakeholders are exiting the network, it might fail to bode well for Pi Network price, as it shows reduced confidence in the future performance of this altcoin.
At the same time, reduced mining activity could be a double-edged sword. This decline may spark a decline in the supply, which could be bullish for Pi Coin price.
Pi Network Price Tracks Bitcoin
Dr Altcoin believes that supply and mining activity will not be the only factor that will shape the Pi Network price forecast. He observed that Pi Coin has been tracking Bitcoin price, and would continue to do so until there is a surge in utility.
PI/BTC Chart
A previous Coingape article reported that Pi Coin’s usage is rising across the Asian market. This is after the token was adopted as a means of payment by a skincare brand in South Korea.
Strategic partnership deals like the one with Banxa and Zito Realty in the US might also be a catalyst for Pi Coin price recovery.
Pi Network Technical Analysis
On the lower timeframe, Pi Network price is flashing bullish signs that hint toward possible recovery in the near term. The RSI has recorded a steady rise to 60 at press time, suggesting that bullish momentum is in play.
The AO histogram bars also show that bulls are gaining strength. These bars are rising as buying activity builds, which indicates that the uptrend is gaining strength.
For the Pi Network token to maintain the upward momentum, it first needs to flip the resistance level at $0.63. This will pave the way for an uptrend to $0.80.
PI/USDT: 2-Hour Chart
Therefore, the Pi Network price is at a pivotal point, with the reduced mining activity suggesting that crucial stakeholders are losing confidence. However, the 2-hour price chart hints at a possible recovery if Pi Coin can overcome resistance at $0.64 and possibly reach $1.
The price of Bitcoin (BTC) has blasted past the resistance level at $80,000 after US President Donald Trump announced a 90-day pause on his reciprocal tariff measures. The price of the coin has faced series of rejection at this point following the trade war escalation with China.
BTC Price Soar on Reciprocal Tariff Pause
At the time of writing, the price of Bitcoin was changing hands for $81,318.29, up by more than 6.18% in the past 24 hours. This rebound followed an earlier tease in which President Trump asked to buy the dip in hopes, a statement that proved speculative earlier today.
Like Bitcoin, top altcoins are also in a rebound mode, with Ethereum (ETH) skyrocketing 9.2% to $1,589.81. XRP rallied past the $2 resistance point after gaining 13.26% in 24 hours. Cardano, Solana, and Dogecoin have also staged impressive rebounds as of writing with gains of 10.2%, 12.83%, and 9.6%, respectively.
While it remains uncertain whether this uptick will last long, the general market trend is trailing the rebound mode. Stock futures are also lifted as off-writing, with optimism surrounding risk-on assets.
Is The Tariff War Finally Over?
The full context of the US-China trade war shows that President Trump only postponed full implementation for about 75 countries that have opened negotiations with the US. The reciprocal tariff announced on April 2 was lowered to 10% alongside the 90-day pause.
However, China was exempted from this latest concession. Instead, President Donald Trump increased the tariff on goods from China to 125%, effective immediately. The President highlighted that the goal is for China to stop ripping the US off.
Meanwhile, China has chosen to stand up to the United States in the tariff war. Over the past few days, China has announced a counter tariff on the U.S, a move economists warn might cripple both economies.
Although BTC price has recovered, these trade headwinds remain a major one to watch out for.
Market Shifts Focus from Trade War
The trade war between the US and China has masked the hype surrounding other key events in the crypto ecosystem. This week, the first XRP ETF leverage product outshone Solana as it went live on NYSE Arca. Dubbed the 2X Daily Long XRP ETF, the leveraged product saw a substantial $5 million inflow at its debut.
In addition, Solana developers are innovating with the introduction of Confidential Balances and Open Relayer. Ethereum Pectra upgrade remains in view while the Bitcoin price correlation with the mainstream stock market is thinning out.
These events will likely fuel a sustained reversal of the negative trend recorded in the past few weeks.
