Tom Lee, Vorsitzender von BitMine, sagte, er erwarte, dass Ethereum in einen Superzyklus eintreten werde, wodurch der aktuelle Preis zu einem attraktiven Kauf mit einem guten Risiko-Ertrags-Verhältnis werde.
Crypto slump worsens as Bitcoin slips amid a broad market sell-off
- The crypto market’s October slump has worsened, with a 3% drop.
- Bitcoin slipped below $110,000 and Ethereum fell below $3,900.
- The market has lost roughly $370 billion in value this month alone.
The cryptocurrency market’s brutal October slump has worsened, with a fresh 3% drop sending Bitcoin below the key $110,000 level and dragging most major altcoins deep into the red.
The broad-based drawdown is the latest chapter in one of the harshest months of the year for the digital asset space, as a potent combination of thinning institutional support, technical disruptions, and simmering macroeconomic tensions creates a powerful “risk-off” wave.
The scale of the recent carnage is immense. The market has now erased roughly $370 billion in value this month alone, with as much as $19 billion in leveraged positions being liquidated.
Futures open interest has also been decimated, with $65 billion wiped out, resetting market activity to the levels of early 2025.
Institutional support thins as ETF outflows accelerate
A key driver of the recent weakness has been a dramatic and worrying reversal in institutional sentiment.
After months of powerful inflows, spot Bitcoin ETFs have become a source of intense selling pressure, posting a staggering $1.23 billion in weekly net outflows.
This included a massive $366 million outflow on Friday alone, a move that removed a critical layer of buying support from an already fragile market.
A perfect storm: an AWS outage and a SpaceX scare
This fundamental weakness was compounded by a perfect storm of technical and psychological blows.
A major outage at Amazon Web Services (AWS) disrupted access to a number of leading crypto venues, including the US giant Coinbase and several DeFi front-ends.
The disruption widened spreads and accelerated forced liquidations, with over $240 million in long positions being wiped out in just 24 hours, a move that briefly pushed Bitcoin toward $107,500.
Market nerves were frayed further after on-chain trackers flagged a large transfer of 2,395 BTC ($268 million) from a wallet associated with SpaceX.
While analysts suggested the flows were likely internal custody reshuffles, the timing sparked a wave of “Is Musk selling?” headlines, adding another layer of fear to an already anxious market.
What to watch next as the market hangs in the balance
Technically, the market is now at a critical inflection point. Bitcoin is facing a thick layer of resistance between $112,000 and $115,500, with key support levels now sitting at $108,000 and $105,000.
A decisive daily close back above the 50-day moving average (around $113,000) is needed to stabilize the market. Failure to do so keeps the psychological $100,000 zone firmly in play and raises the risk of a much deeper bearish phase.
The near-term catalysts remain firmly in the macroeconomic arena, with the upcoming US CPI print and any fresh hints from the Federal Reserve on interest rates likely to be the next major market-moving events.
For now, a battered and bruised crypto market is left to lick its wounds and wait for the storm to pass.
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Bitcoin-Kurs steigt rasant – Gold erlebt seinen schlechtesten Tag des Jahres
Der Bitcoin-Kurs hat am Dienstag stark zugelegt und damit die Schwächephase der letzten Wochen beendet. Während Gold den größten Tagesverlust seit Jahren verzeichnete, kletterte der Preis der wichtigsten Kryptowährung deutlich nach oben.
ETHFI price forecast amid liquidity drawdown and on-chain activity plunge
- ETHFI price swings wildly amid shrinking liquidity and weak on-chain activity.
- Ether.fi’s daily users have fallen to 328 as fees plunge by nearly $98,000.
- The price risks deepening if $0.96 support level fails to hold.
Before the sharp recovery, Ether.fi’s native token, ETHFI, slid sharply earlier today and over the recent days as liquidity thins and on-chain engagement falls to multi-month lows.
Market analysis and protocol metrics now point to a fragile short-term setup, with technical losses compounding worries about upcoming token supply and declining income for holders.
Altcoins sell-off drags ETHFI
Risk aversion in broader crypto markets has amplified ETHFI’s move downward.
As traders flee speculative tokens, ETHFI — a high-beta staking play — underperformed large-cap peers.
The token fell by over 7.1%, hitting a low of $0.9997 before recovering to $1.11 at press time, while wider altcoin benchmarks show smaller declines, highlighting project-specific pressures.
Notably, market rotation toward Bitcoin (BTC) has intensified outflows from smaller tokens.
For example, ETHFI’s 30-day slide of roughly 33% signals sustained selling pressure rather than a one-day repricing event.
Investors are treating the token like a leverage play, exiting quickly as macro and micro signals turned negative.
Technical breakdown deepens losses
From a technical standpoint, ETHFI has slipped under the $1.15 midpoint retracement and tested the $0.96, the 61.8% Fibonacci level, erasing a nascent recovery attempt and fracturing market confidence.
In addition, the RSI sits near neutral but trending down, while the MACD histogram still supports a bearish momentum picture, although there are signs of a possible reversal, and elevated volume during the drop showed conviction among sellers.
Because algorithms and short-term traders rely on these technical thresholds, once those levels break, they often accelerate down moves, which appears to have happened here.
A close beneath the $0.96 area would open the door to a retest of the September $0.80 low.
On-chain metrics paint a grim picture
On-chain data confirm the price weakness, with daily active addresses plunging to 966, the lowest since July 2025, showing a clear drop in buyer and user interest.
Protocol fees have also collapsed from roughly $210,500 to about $111,700, an over $98,000 drop that directly hits net holder income and reduces yield attractiveness for stakers.
Liquidity has also drained to near-yearly lows, with available DEX liquidity around $680,000.
That thin depth magnifies price moves, as even modest sell orders push the market more.
TVL has also contracted to roughly $9.784 billion, according to DefiLlama, underscoring that long-term commitment to the protocol has waned.
Tokenomics overhang still matters
Supply dynamics remain a structural risk for ETHFI holders as well.
With about 56% of the total supply circulating, upcoming unlock schedules keep potential dilution in investors’ minds.
Building on the upcoming major unlock event, fear of future supply increases can prompt preemptive selling, mirroring events seen in comparable projects.
Net Holder Income has also fallen sharply quarter over quarter, with the Q4 NHI sitting near $464,000 versus $3.9 million in Q3, signalling a material drop in protocol revenue that reduces incentives to accumulate or hold.
Without improvements in usage or fee generation, holder economics remain challenging.
ETHFI price outlook
The immediate outlook is biased to the downside until concrete signs of recovery appear.
Key technical support near $0.96 must hold to preserve the chance of a short-covering rally.
If that level fails, ETHFI could revisit the $0.80 area where buyers previously defended the token.
Recovery depends on two things: renewed on-chain activity and restored liquidity.
A return of daily users and a rebound in fees would stabilise NHI and improve the token’s narrative, while a meaningful liquidity refill would reduce volatility and help price discovery.
Until those changes materialise, traders should expect elevated swings and possible further erosion.
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LayerZero outlook: ZRO price on the edge ahead of $43M token unlock
- The interoperability platform will release 25.71 million coins today.
- Traders brace for potential volatility amid liquidity influx.
- ZRO trades above the crucial support zone at $1.50.
Cryptocurrencies rallied on Monday as the value of all digital currencies soared 3% the past 24 hours to $3.74 trillion.
Amidst the broader optimism, LayerZero’s ZRO remained relatively unmoved, gaining only 0.56% in that timeframe to trade at $1.71.
ZRO’s sluggish performance comes as the community braces for today’s massive coin release.
Tokenomist data shows the interoperability protocol will unlock 25.71 million tokens, worth approximately $43.70 million, today.
The amount represents 7.86% of the current circulating supply.
The move will increase the available ZRO tokens, likely influencing the demand and supply metrics.
The altcoin’s subdued performance reflects investor and trader hesitation as the project braces for potential volatility in the coming hours.
LayerZero’s unlock tests trader confidence
The on-chain data shows the project will distribute the 25.71 million tokens to investor holdings, ecosystem rewards, and team allocations.
Keep in mind that LayerZero unlocks 25.71 million tokens on the 20th of each month.
These types of releases are common among new projects.
Nonetheless, the events catalyse volatility as previously locked ZRO assets enter circulation.
While the digital coin eyes recoveries after losing more than 10% of its value in the past week, traders should prepare for turbulence amid today’s $43.7 million release.
Now that volatility is almost inevitable, its intensity will drive ZRO’s price movements.
Meanwhile, a lot will depend on what the recipients will do with the unlocked trends.
Traders can expect bearish movements if large holders offload to secure gains.
On the other hand, activities such as staking, reinvesting, or using the assets within the LayerZero ecosystem can minimise the impact.
Previous market activity shows most recipients sold after the unlock.
ZRO price has seen downside pressure on or after the 20th of each month, following the scheduled releases.
ZRO price outlook
The alt is trading at $1.71 after a brief 0.56% uptick in the past 24 hours.
Its daily trading volume has increased by 154%, indicating interest in LayerZero.
ZRO braces for short-term turbulence in the coming hours with a surge in supply.
Traders can expect short-term bearish pressure before the alt’s decisive direction, which could depend on broader sentiments.
Nevertheless, ZRO exhibits a bullish structure in the longer term.
Its weekly chart demonstrates prolonged consolidation that seems to print a symmetrical triangle.
That pattern hints at potential breakouts in the coming sessions.
ZRO boasts a reliable support area at $1.50.
The digital token can climb to the resistance at $2.30 if it steadies above this foothold.
That would mean a roughly 25% increase from the market price.
Bull might extend to $2.50 before significant rallies to $4.19. However, broad-based bull runs are essential for such gains.
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