Now that spring is finally here, it’s time to start transitioning your wardrobe from winter into the current season. That doesn’t necessarily mean put away all sweaters and coats, because as we know spring can be very fickle. But there are a few tricks to making those winter-looks more spring friendly.
Transitional Coats: Last week I talked about transitional coats, and these are the perfect items to add into your wardrobe right now. Lightweight, but will still keep you warm on a cool night. Spring Sweaters: Layer with a transitional coat, or wear on its own, some of your winter sweaters are easy to wear into spring. I lived in these cashmere sweaters from Everlane all winter, and I know I’ll be pairing them with skirts and shorts for spring. Pumps instead of Boots: I’ve traded in my boots for pumps. Keeping my feet warm isn’t a priority anymore, so it’s time to break out my favorite heels and pair back to effortless denim. These pumps have been worth the investment – I wear them the most during spring.
Ethereum (ETH) is down almost 6% in the last 24 hours, intensifying a week of sharp declines. With the price below $1,500, market watchers are increasingly questioning whether ETH could fall to $1,000 in April.
Mounting concerns around liquidations, declining network activity, and bearish technicals are fueling the debate. As investor sentiment wavers, the next few days could prove critical for Ethereum’s short-term trajectory.
If ETH Falls Below $1200, Nearly $342 Million Will Be Liquidated
Ethereum is currently hovering just above the $1,500 mark, down more than 15% over the past week as bearish pressure intensifies across the crypto market.
The recent downturn has sparked concern among traders, especially with ETH struggling to hold key support levels. Standard Chartered recently stated that XRP could overtake Ethereum by 2028.
The decline reflects broader risk-off sentiment and uncertainty surrounding altcoins, with Ethereum now teetering dangerously close to levels that could trigger a major wave of liquidations.
According to on-chain data, if ETH falls below $1,200, it could trigger liquidations totaling approximately $342 million across leveraged positions.
Liquidation occurs when traders who borrowed capital to go long on Ethereum are forced to sell their holdings due to falling prices. This effectively amplifies the downside and adds more selling pressure.
TVL measures the total capital deposited into decentralized finance (DeFi) protocols on a blockchain and serves as a key indicator of ecosystem health and investor confidence.
A rising TVL generally signals growing trust and usage of DeFi applications, while a falling TVL suggests declining demand and reduced engagement.
Ethereum Is Currently 70% Down From Its All-Time High
Ethereum’s price has been trading below $2,000 since March 26, and its technical indicators don’t look promising.
The current setup of its Exponential Moving Averages (EMAs) shows a bearish formation, with short-term EMAs positioned below the longer-term ones — a classic signal of ongoing downside momentum.
This suggests that sellers are still in control, and the market could be bracing for further correction.
If bearish momentum continues, Ethereum may retest support near $1,400. A breakdown below that level could trigger a deeper sell-off, with Ethereum price potentially sliding toward $1,000 in April — a key psychological and historical level.
However, if bulls regain control and reverse the trend, ETH could first challenge resistance at $1,749.
A breakout above that would open the door for a test of $1,954, and if momentum stays strong, Ethereum could push past the $2,000 barrier and aim for $2,104.
Changpeng “CZ” Zhao, former CEO of Binance, is advising Kyrgyzstan on becoming a crypto hub. He signed an agreement with the Kyrgyz National Investment Agency to build the nation’s Web3 capacities.
A cornerstone of this plan is Kyrgyzstan’s A7A5 stablecoin, pegged to the Russian ruble and focused on emerging markets. CZ claimed that he has been advising several governments “officially and unofficially” regarding crypto.
According to the latest announcements, the country is developing a new A7A5 stablecoin pegged to the Russian ruble. Kyrgyzstan’s crypto turn is also being influenced by Changpeng “CZ” Zhao, the founder of Binance.
“A Memorandum of Understanding has been signed between the National Investment Agency under the President of the Kyrgyz Republic and Changpeng Zhao (CZ). In accordance with the Memorandum, the parties intend to cooperate in the development of the cryptocurrency and blockchain technology ecosystem in the Kyrgyz Republic,” claimed President Sadyr Zhaparov.
Meanwhile, CZ acknowledged his business in Kyrgyzstan, claiming that he introduced President Zhaparov to X, the social media site.
“I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading. I find this work extremely meaningful,” CZ claimed via social media.
Although CZ’s connection with Kyrgyzstan’s new A7A5 stablecoin is not fully known, it would align with his recent alleged Trump dealings.
Zhaparov’s statement claimed that the Binance founder will provide infrastructural, technological support, technical expertise, and consulting services on crypto and blockchain technologies.
Also, the president went on to state that this agreement with CZ will strengthen Kyrgyzstan’s standing in the growing Web3 environment. The long-term plan is to help create new opportunities for Kyrgyz businesses and society as a whole.
Presumably, this will involve some cooperation with Russia, as A7A5’s press release mentions “a new class of digital assets tied to the Russian economy.” This stablecoin is bucking significant tradition by aligning with the ruble instead of the dollar.
However, this is part of its strategy to focus on emerging markets. This novel experiment could demonstrate new market opportunities and challenge the dominance of USD-pegged stablecoins in the region.
