Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

Introducing .DSci: A Domain for Decentralized Onchain Science

July 23, 2025

Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

July 23, 2025

Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

July 23, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    Are Bitcoin Whales Dumping Their BTC?

    July 23, 2025

    Bitcoin Price Today Tests $116K Support – Is the Rally Still Alive?

    July 22, 2025

    Dream Of Banking The Unbanked Still Alive With Azteco

    July 22, 2025

    A New Era For Real Estate

    July 22, 2025

    Accumulation of Major Bitcoin Investors and Whales Powering BTC Uptrend As Ethereum Witnesses Trend Reversal in Buyer Behavior: Glassnode

    July 23, 2025

    Ethereum and Cardano Price Prediction: Is $5K ETH and $5 ADA on Horizon?

    July 22, 2025

    ‘Sell Ethereum, buy Bitcoin’ – Will Peter Schiff be right this time?

    July 22, 2025

    Analyst Benjamin Cowen Issues Altcoin Warning, Predicts Alts Will Now ‘Bleed’ Against Ethereum

    July 22, 2025

    Bitcoin faces profit-taking, but 4 reasons why BTC’s rally isn’t over yet!

    July 23, 2025

    Solana’s (SOL) Utility Token Skyrocketed, Here’s Why This New Audited AI Token Could Be Next To Reach The Charts

    July 23, 2025

    Venture Capital Firms Launch $360,000,000 Crypto Treasury Company Focused on Arthur Hayes-Backed Ethena (ENA)

    July 22, 2025

    StableCoinX strengthens Ethena [ENA] rally with $5M daily accumulation plan – Details

    July 22, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    Introducing .DSci: A Domain for Decentralized Onchain Science

    July 23, 2025

    Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

    July 23, 2025

    Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

    July 23, 2025

    Bitcoin faces profit-taking, but 4 reasons why BTC’s rally isn’t over yet!

    July 23, 2025
  • DeFi

    Will Spark spike to $1?

    July 23, 2025

    Zebec crypto extends rally on Algorand integration into Zebec Cards and payroll ecosystem

    July 22, 2025

    Is Bitcoin at risk of correction as SpaceX wallet moves $152m in BTC after three years?

    July 22, 2025

    Solana’s DeFi TVL hits $10B, highest level in six-month high

    July 22, 2025

    Jito proposes a block marketplace to turn Solana into a ‘decentralized Nasdaq’

    July 22, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

    July 23, 2025

    Lawyers For Roman Storm May File For A Mistrial After Key Witness Testimony

    July 23, 2025

    GameSquare Increases Crypto Treasury Program by $150 Million

    July 22, 2025

    Ethereum Has Already Won—Paul Brody

    July 22, 2025

    Accounting Firm Targeted by Malware Campaign Using New Crypter

    July 22, 2025

    Grok refuses to pick winner for Crypto Rover competition citing ZachXBT pump and dump evidence

    July 21, 2025

    XRP trading volume soars as new ATH attracts deepfake scam targeting investors

    July 18, 2025

    AI-Generated Lcryx Ransomware Discovered in Cryptomining Botnet

    July 18, 2025

    Introducing .DSci: A Domain for Decentralized Onchain Science

    July 23, 2025

    Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

    July 23, 2025

    Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

    July 23, 2025

    Bitcoin faces profit-taking, but 4 reasons why BTC’s rally isn’t over yet!

    July 23, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    Introducing .DSci: A Domain for Decentralized Onchain Science

    July 23, 2025

    Global Security & Vulnerability Management Market to Surge to USD 9.34 Billion by 2034 Amid Escalating Cyber Threats

    July 23, 2025

    What Is an A Record? A Complete Guide to DNS A Records

    July 22, 2025

    Personal Finance Software Market Growth Accelerates: Strategic Forecast Predicts $2.66 Billion by 2029

    July 22, 2025

    A $7.8M stealth CryptoPunks acquisition signals renewed whale interest in NFTs amid Ethereum’s rally and a resurgent market.

    July 22, 2025

    GaFin Partners with Play Off The Grid to Deliver Cyberpunk Thrills on Streamify

    July 22, 2025

    Shadow War Joins Nexus Night to Redefine DeFi

    July 19, 2025

    OpenSea’s Rally Acquisition Signals a Shift—But Toward What?

    July 18, 2025

    Introducing .DSci: A Domain for Decentralized Onchain Science

    July 23, 2025

    Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

    July 23, 2025

    Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

    July 23, 2025

    Bitcoin faces profit-taking, but 4 reasons why BTC’s rally isn’t over yet!

    July 23, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

    July 23, 2025

    FBI drops probe into Kraken founder Jesse Powell, returns seized devices

    July 23, 2025

    Trump Signs GENIUS Act Into Law: The Full Transcript

    July 23, 2025

    US awmakers push for crypto clarity with new bill draft

    July 22, 2025

    Public companies now hold $3.2B worth of Ethereum, swelling past 865,000 ETH

    July 23, 2025

    Stablecoins infiltrate deeper into global finance as Western Union enters crypto

    July 22, 2025

    GENIUS Act makes immediate impact as JP Morgan looks to allow crypto as collateral for lending

    July 22, 2025

    Ethena launches StablecoinX as ENA climbs 8% and USDe supply crosses $6B

    July 22, 2025

    Introducing .DSci: A Domain for Decentralized Onchain Science

    July 23, 2025

    Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

    July 23, 2025

    Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

    July 23, 2025

    Bitcoin faces profit-taking, but 4 reasons why BTC’s rally isn’t over yet!

    July 23, 2025
  • Analysis

    Solana staking ETF hits $100 million mark at record pace

    July 22, 2025

    Ali Martinez Predicts $15 Target Ahead

    July 22, 2025

    XRP Price Breakout: Analyst Targets $6 Next

    July 22, 2025

    ETH Price Surges on ETF Inflows, $17K in Sight

    July 21, 2025

    Trader Unveils Two Bullish Scenarios for Ethereum Explosion to $6,000 – But There’s a Catch

    July 21, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Is Tokenization?

    July 11, 2025

    What Are Internet Capital Markets? Why Companies Are Launching Meme Coins

    June 16, 2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

    May 19, 2025

    Telegram’s TON Wallet goes live in US with eye on 87m users

    July 23, 2025

    BitGo joins flurry of crypto firms eyeing IPOs

    July 22, 2025

    Coinbase stock hits all-time high amid legislative triumphs

    July 19, 2025

    Binance, Coinbase feud heats up amid Bloomberg report dispute

    July 15, 2025

    Introducing .DSci: A Domain for Decentralized Onchain Science

    July 23, 2025

    Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

    July 23, 2025

    Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

    July 23, 2025

    Bitcoin faces profit-taking, but 4 reasons why BTC’s rally isn’t over yet!

    July 23, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»Ethereum»Ethereum Breaks Out Of Descending Triangle Pattern – Fakeout Or Recovery Rally?
Ethereum

Ethereum Breaks Out Of Descending Triangle Pattern – Fakeout Or Recovery Rally?

March 9, 2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum (ETH) has been facing challenges in the market, struggling to break above the $2,200 level despite several attempts by bulls to push prices higher. The current sentiment remains bearish, with selling pressure persisting even after the recent announcement of the US Strategic Bitcoin Reserve. Many had hoped this news would boost confidence in the overall crypto sector, but Ethereum continues to face resistance.

Analysts are closely monitoring ETH as it hovers near critical support levels, with the next week expected to be crucial in determining its short-term direction. If bulls can defend these key zones, there may be an opportunity for Ethereum to regain momentum. However, a failure to hold these levels could result in further downward pressure on the price.

Renowned analyst Carl Runefelt recently shared a technical analysis on Ethereum, pointing out that the cryptocurrency is breaking out of a pattern that often signals a potential bullish breakout. If this setup plays out as expected, ETH could surge into higher resistance areas and reclaim key price levels above $2,500. Confirmation of this breakout is essential, given the current high volatility in the market.

Ethereum has experienced a significant decline, losing over 50% of its value since late December, leading to fear and panic selling among investors. Once considered a leader in previous bull cycles, ETH is now struggling to regain its footing, raising doubts about the possibility of an altseason this year. With Ethereum and most altcoins failing to establish bullish structures, the market remains under bearish control, prompting caution among traders.

Despite the prevailing negative sentiment, there is still optimism for a potential recovery as Ethereum approaches critical technical levels that could determine its next move. Runefelt’s analysis indicates that ETH is breaking above a descending triangle pattern, a signal of a possible trend reversal. However, confirmation of this breakout is crucial to avoid potential fakeouts that could trap traders in further losses.

See also  Hyperliquid, HYPE Hits EMA Support At $30, Rally Paused After 326% Surge

To solidify a bullish breakout, Ethereum must surpass and sustain a close above the $2,300 level. This key resistance zone, if turned into support, would signify renewed buying strength and potentially pave the way for a push towards $2,500 and beyond.

Until this breakout is confirmed, Ethereum remains vulnerable to further declines if sellers regain control. Traders and investors are closely observing whether ETH can maintain its breakout attempt or face another rejection, extending its bearish trend in the coming weeks.

In conclusion, Ethereum’s performance in the market remains uncertain, with key support and resistance levels playing a critical role in determining its future direction. The cryptocurrency’s ability to reclaim higher prices and establish bullish momentum will be closely watched by market participants in the days ahead.

breaks Descending Ethereum Fakeout Pattern Rally Recovery Triangle
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin faces profit-taking, but 4 reasons why BTC’s rally isn’t over yet!

July 23, 2025

Public companies now hold $3.2B worth of Ethereum, swelling past 865,000 ETH

July 23, 2025

Accumulation of Major Bitcoin Investors and Whales Powering BTC Uptrend As Ethereum Witnesses Trend Reversal in Buyer Behavior: Glassnode

July 23, 2025

Zebec crypto extends rally on Algorand integration into Zebec Cards and payroll ecosystem

July 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

A Prequel to Ransomware – Infosecurity Magazine

February 28, 2025

OORT launches blockchain-driven DataHub for ethical AI development

December 11, 2024

What the industry must learn from the largest Bybit hack

March 30, 2025
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Introducing .DSci: A Domain for Decentralized Onchain Science

July 23, 2025

Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

July 23, 2025

Trump to Sign the Historic GENIUS Act Into Law. What Does It Mean for Crypto?

July 23, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.