Ethereum (CRYPTO: ETH) is drawing attention with rising treasury activity and institutional interest contradicting the recent downtrend in prices.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Ethereum | (CRYPTO: ETH) | $4,278.54 | $516.5 billion | -9.3% |
| Bitcoin | (CRYPTO: BTC) | $113,058.51 | $2.3 trillion | -6.5% |
| XRP | (CRYPTO: XRP) | $2.90 | $172.3 billion | -9.8% |
Trader Notes: Crypto chart analyst Ali Martinez exclaimed that this could be Ethereum’s “big moment” as it is trading in a descending channel, currently consolidating between $4,219–$4,342. He predicts that a break above $4,342 could push it to $4,516–$4,623, while a drop below $4,219 may target $4,061 and $3,862.
Crypto trader Jelle noted that after a falling wedge fakeout, Ethereum is near a breakout.
Clearing $4,300 resistance and the 4h 50 EMA could …