- Technical Overview of Altcoins: Ethereum and XRP Still Limited in Gains: Ethereum is trading at $2,185, maintaining a short-term bearish corrective trend, as it remains below the 100- and 200-day exponential moving averages, which are approximately $2,353 and $2,677 respectively. The price stays slightly above the 50-day exponential moving average at $2,163, which provides initial dynamic support. Meanwhile, the long-term downward resistance line, with a breakout level near $2,314, continues to restrain any potential upward movement. At the same time, the positive MACD reading above zero on the daily chart and RSI around 54 indicate modest bullish momentum, but this remains constrained by the dominant upper averages. Daily chart of ETH/USDT pair On the bullish side, immediate resistance for Ethereum is observed at the breakdown zone of the descending trendline around $2,314, followed by the 100-day exponential moving average at $2,353. Sustained movement above these levels is required to ease downward pressure before reaching the 200-day exponential moving average near $2,677. On the downside, the 50-day exponential moving average at $2,163 represents the first significant support level. A daily close below this level would lead to a deeper correction, making Ethereum vulnerable to renewed selling as long as it trades below the higher exponential moving averages. Regarding XRP, its price is trading at $1.32, maintaining a short-term bearish trend, as it remains below the 50-, 100-, and 200-day exponential moving averages, which are at $1.41, $1.56, and $1.81 respectively. The long-term downward resistance line, with a breakout level near $1.74, reinforces the broader bearish structure. Meanwhile, the RSI stands at approximately 43 on the daily chart, and the slightly positive but stable MACD indicates weak momentum rather than an imminent bullish reversal. Daily chart of XRP/USDT pair On the upside, initial resistance is at the 50-day exponential moving average around $1.41. A daily close above this barrier is needed to ease immediate downward pressure and open the way toward the 100-day exponential moving average near $1.56. To the north, the descending resistance trendline near $1.74 and the 200-day exponential moving average around $1.81 form a stronger medium-term supply zone, which buyers will need to reclaim to challenge the prevailing bearish structure. () ‌ $ETH ‌

- Peace talks between the United States and Iran failed, negatively impacting cryptocurrency assets. Peace negotiations between the United States and Iran failed in Pakistan, where both sides left Islamabad on Sunday without achieving notable results. U.S. Vice President J.D. Vance and Iranian officials stated that fundamental disagreements still remain amid efforts to reach an agreement that would bring peace to the Middle East. "We are leaving here with a very simple proposal, which is a way of understanding representing our final and best offer. We will see if the Iranians accept it," J.D. Vance said at a press conference after the talks. Despite the collapse of negotiations, the fragile ceasefire agreement reached last week remains in place. Meanwhile, U.S. President Donald Trump wrote on Truth Social that the United States will impose a blockade on the Strait of Hormuz, which will halt navigation to and from Iranian ports through this vital global shipping lane. West Texas Intermediate crude oil prices (WTI) rose to around $97.00 at the time of writing, after reaching approximately $86.00 on Wednesday. At least 20% of global oil and gas supplies pass through the Strait of Hormuz, and reopening it could help ease pressure on the global economy. West Texas Intermediate crude oil price chart Meanwhile, market sentiment in the cryptocurrency space remains significantly bearish, as evidenced by the Fear and Greed Index, which settled at 12 points in the extreme fear zone on Monday, down from 16 points the previous day. If this downward trend continues, cryptocurrency prices may struggle to sustain their recovery, potentially leading to repeated declines. Cryptocurrency Fear and Greed Index | Source: Alternative Additionally, retail investor interest in Ethereum generally remains bearish, as open interest (OI)—which reflects the nominal value of outstanding derivatives contracts—decreased to about $30.00 billion on Monday from $32.27 billion the day before. Ethereum futures open interest data | Source: CoinGlass Similarly, demand for XRP derivatives from retail investors continues to decline, with the average open interest for futures contracts at $2.38 billion on Monday, compared to $2.48 billion the previous day. The ongoing decrease in open interest indicates that investors are losing confidence in XRP’s ability to recover and are hesitant to open new positions. Daily trading data for XRP futures | Source: CoinGlass $BTC ‌ $ETH ‌ $XRP ‌

#Gate13周年Dr.Han公开信 📊 Data: $XRP FUD reaches its highest level in two years. This occurs as the retail market turns bearish after a 63% decline over nine months. Historically, similar "FUD zones" have only occurred twice recently, and both times were followed by strong price rebounds. Is a rebound imminent?