The cryptocurrency market needs to overcome a mountain.


BlackRock ETH ETF has recorded the second highest inflow of capital in history.
Investors are beginning to pay attention to Ether, trying to reclaim the important price range from $2800 to $2900. However, in the coming days, we will see whether this interest brings that area back to ETH or not. This area is crucial for ETH before the end of the week. If ETH recovers this area, it means it continues to hold above the green area. This could stimulate buyers.
The latest data released by BlackRock shows that it has reached 1.35 million ETH. The current value of these assets is close to 4 billion dollars.
TAO: There is an opportunity ahead
TAO did not reach the main strong resistance zone in dark green. After being heavily sold, TAO dropped to the main support zone in green and marked below the green zone in the range of $330 - $370 at the beginning of this week. TAO has a chance to recover if it can hold above the green zone for 3 days. The first important target for TAO if it breaks above the green zone will be in the range of $625 - $680. The weekly closing is also very important.
ONDO: Moving forward by building something better
ONDO continues to rise. From August to November 2024, the price range from $0.8 to $0.87 has played the role of the main support level for ONDO, after which it became the main support level after November. After some time, ONDO surpassed the yellow support zone and started moving on the main yellow support zone from the beginning of the new year. We can say that the price range from $1.08 to $1.12 is very important. Despite a sharp decline, ONDO still managed to close above this level for 3 days. In the near future, if it holds steady at this level, ONDO may retest the white support level that has been tested in two different weeks. When surpassing the important white support level range from $1.58 to $1.65, ONDO will also open up a new ATH.
MANA: Rising from the green area
MANA, one of the cryptocurrencies that has been accumulated for many years. MANA has been trading for nearly 900 days within the same price range and has continued to touch the support area of this range. MANA's rise from the green zone ranging from $0.25 to $0.29 will help MANA close the week strongly and quickly recover.
SUI: Bright Star
SUI's star continues to shine. SUI has mesmerized investors with a strong performance throughout the bull season. It has held firm from the $2.4 support level and is currently still trending upwards. For SUI, the higher it can close the week above the $3.30 level, the better.
SEI: A stronger weekly store closure is needed.
The short and medium-term future of SEI may be shaped this week. We see that the main support area around $0.20 - $0.24 has been working well, but SEI needs a much stronger weekly close. We see that it has successfully reached the $0.25 level, but we also see it being sold off once again. A weekly close in the purple zone will significantly increase suspicion.
HBAR: Good status
HBAR, one of the long-standing altcoins in the market. HBAR may surpass the earthquake week in the altcoin market with minor scratches. Of course, this week HBAR also experienced a decline, but this decline has met with the reaction of buyers in the navy blue zone. After buyers started to act, we saw HBAR create distance from the navy blue zone and try to stay firm in the important area. The rising bottoms continue to form. The situation is good.
SHIB: Important levels for life
SHIB is trying to maintain its existence as well as possible. The range from 0.0000150 to 0.00001280 dollars is very important for SHIB as it has stabilized between the red zone and the green zone over the past year. Retesting SHIB's major support area before the weekly close makes this week's situation for SHIB hopeful. If SHIB can close the week above 0.0000151 dollars and higher, then this week will end with positive effects.
ETH-2,2%
HAI-4,59%
S-2,94%
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