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Ethereum (ETH) is down 5% in 24 hours amid a widespread crash across the broader cryptocurrency market. However, the ETH/BTC ratio has dropped to test the 2021 bull market support that catalyzed an over 4,000% rally. As this ratio rises, what does it mean for Ethereum price, and can the largest altcoin reclaim $4,000? Ethereum
The post What to Expect from Ethereum Price as ETH/BTC Tests 2021 Bull Market Support appeared first on CoinGape.
Hedera (HBAR) is showing no signs of slowing down. The token is up over 92% month-on-month, signaling strong bullish momentum. But the story doesn’t end there.
Whale wallets are piling in, funding rates are holding steady, and the price structure shows room for a potential breakout continuation. With multiple legs of support behind this move, HBAR price could be gearing up for more.
Whale wallets have continued their accumulation spree. Over the past week, the number of wallets holding 1 million HBAR or more rose from 67.28% to 71.41%. Also, wallets with 10 million+ HBAR jumped from 86.29% to 91.62%. That’s a more than 5% rise in a matter of days.
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Such a concentrated increase in whale holdings typically reflects growing confidence in near-term price action. It also suggests that larger players are positioning themselves before a potential continuation rally.
Whale wallet data tracks the percentage of supply held by large wallets, helping measure accumulation pressure.
The open interest-weighted funding rate for HBAR reached 0.057% on July 18, its highest level in months. As of July 21, it sits at a still-elevated 0.01%, suggesting that long positions are maintaining their dominance.
This spike in funding rates mirrors HBAR’s recent price rally and implies that leverage is building in favor of bulls. Typically, a rising funding rate indicates aggressive long positioning. It can foreshadow continued upward momentum, especially when backed by whale accumulation.
The good thing here is that the Funding rates (despite being positive) aren’t overheated, suggesting that leveraged positions do not dominate the derivatives market. This pattern keeps the risk of a long squeeze out for now.
A long squeeze occurs when over-leveraged long positions are forced to exit as prices dip, triggering a cascade of liquidations that accelerates the price drop.
Funding rates reflect the cost of holding leveraged long vs. short positions. A positive rate means longs are paying shorts, suggesting bullish sentiment.
From a technical perspective, HBAR is currently hovering around the 0.382 Fibonacci extension level at $0.27, after cleanly breaking above the 0.236 resistance or the $0.25 price level. This region has acted as a consolidation zone over the past few sessions, with price finding consistent support.
If this level holds, the next resistances lie at $0.28 (0.5 Fib) and $0.30 (0.618 Fib), followed by the $0.32 (0.786 Fib) level. A confirmed breakout from the 0.382 and 0.5 Fib levels could open up the HBAR price path toward $0.35+, which aligns with the 1.0 Fib extension and previous swing highs.
Fibonacci extension levels are used to identify potential targets or resistance zones by utilizing the previous impulse move and a subsequent price retracement. In this price chart, the $0.22 level is used as the retracement zone, as the current swing is still under development.
As $0.25 serves as one of the strongest support levels, a dip below it can invalidate the bullish trend for now. Also, if the HBAR price corrects below $0.22, the short-term trend might not remain bullish anymore.
The post HBAR Whale Holdings Jump 5% in a Week; Is a Price Breakout Ahead? appeared first on BeInCrypto.
The cryptocurrency market is experiencing a significant shift in investor sentiment this month. Bitcoin’s price recovery has sparked a ripple effect in demand, from large investors to smaller ones.
Bitcoin has rebounded by 25% from its early April lows. On-chain data and updated forecasts from industry experts offer insights into the sustainability of this rally.
According to data from Alternative.me, the Fear and Greed Index surged from a low of 18 to a high of 72 in April. This is the highest level since February and marks a clear shift from fear to greed.
Meanwhile, CoinMarketCap’s version of the index shows a slightly different picture. It rose from 15 to 52 points, moving from extreme fear to a neutral state. Although the two indices differ, both confirm a notable shift in investor sentiment. Investors have moved past the fear that often triggers panic selling.
This neutral or greedy mindset lays the groundwork for further optimism. If it continues, the market may reach a state of extreme greed before any major correction occurs. This sentiment shift has led to five divergence signals that support the potential continuation of the recovery for both Bitcoin and altcoins.
On-chain data shows that whale accumulation has helped Bitcoin hold above $93,000 in the final week of April.
A chart from Glassnode reveals a clear transition from a distribution phase (marked in red) to an accumulation phase (marked in green) during April. This timing aligns with Bitcoin’s rebound from its monthly low.
Specifically, Bitcoin whales—wallets holding over 10,000 BTC—have been accumulating at near-perfect levels. Their Trend Accumulation Score is around 0.9.
Following the whales, wallets with 1,000 to 10,000 BTC gradually increased their accumulation score in the second half of April. Their score reached 0.7, as seen by the chart’s color shift from yellow to blue. Other wallet tiers also show signs of accumulation, reflecting changing sentiment among smaller whales.
“So far, large players have been buying into this rally,” Glassnode explained.
Additionally, a recent report from BeInCrypto highlights that Bitcoin ETFs recorded $2.68 billion in inflows last week. These ETFs have seen five consecutive days of positive inflows. These metrics confirm that demand is returning and lay the foundation for continued price gains.
Fidelity Digital Assets, a branch of the $5.8 trillion asset management giant Fidelity Investments, reports that Bitcoin supply on exchanges has dropped to its lowest level since 2018, with only about 2.6 million BTC remaining.
Fidelity also noted that more than 425,000 BTC have left exchanges since November 2024. Public companies have added nearly 350,000 BTC since the US election and are buying over 30,000 BTC monthly in 2025. Fidelity expects this trend to continue.
“We have seen Bitcoin supply on exchanges dropping due to public company purchases—something we anticipate accelerating in the near future,” Fidelity Digital Assets stated.
Meanwhile, ARK Invest has updated its Bitcoin price projection in the Big Ideas 2025 report. Under its most bullish scenario, Bitcoin could reach $2.4 million by 2030—far above its previous forecast of $1.5 million.
This projection relies on several factors: increasing institutional investment, the possibility of nations treating Bitcoin as a strategic reserve asset, and its growing role in decentralized finance.
While fund managers like Fidelity and ARK Invest have a positive outlook for April, some retail investors are beginning to express caution. The idea of “sell in May” is starting to surface, reflecting concern amid unpredictable macroeconomic factors, such as tariffs and interest rate shifts, that could strongly impact the market in the near future.
The post Market Sentiment in April Shifts to Greed as Bitcoin Whales Ramp Up Accumulation appeared first on BeInCrypto.
The post XRP Price Prediction Today: When Will Ripple Rally? appeared first on Coinpedia Fintech News
XRP is showing strength after breaking above a key Fibonacci resistance area earlier this week. This upward move followed positive market sentiment, likely driven by recent developments around crypto-based ETFs. While the structure of the rally remains complex, analysts are closely watching several important price levels for signs of continued bullish rally.
XRP has continued to form higher highs and higher lows, a classic sign of upward momentum. Price action is currently following a diagonal wave pattern, a type of bullish structure that is less powerful than a strong impulsive trend but can still support further gains.
The recent swing low at $2.11–$2.12 (April 24) now serves as a critical support level. As long as XRP stays above this range, the bullish scenario remains intact. A drop below this level would call for a re-evaluation of the short-term structure.
The next upside targets are in the $2.46 to $2.55 range. This area aligns with the 138% Fibonacci extension level, which is often considered a key milestone in wave-based analysis. Reaching this zone would complete a larger third wave in the current five-wave pattern.
XRP is still trading within a long-term descending parallel channel on the daily timeframe, meaning the broader trend remains bearish for now. However, there are growing signs that this trend may be losing strength.
On the 3-day chart, the bearish divergence in the RSI—active since earlier in the year—is close to being invalidated. If the RSI moves above its previous high, and the price breaks out above the $2.50 level, that would serve as a strong signal of a trend reversal.
This would shift XRP out of short-term relief rallies and into a more defined bullish trend.
The post XRP Price Prediction Today: When Will Ripple Rally? appeared first on Coinpedia Fintech News
XRP is showing strength after breaking above a key Fibonacci resistance area earlier this week. This upward move followed positive market sentiment, likely driven by recent developments around crypto-based ETFs. While the structure of the rally remains complex, analysts are closely watching several important price levels for signs of continued bullish rally. Short-Term Structure Supports …