Monat: November 2025

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Balancer dips below daily resistance level, eyes April 8 low

Key takeaways

  • BAL is down 12% in the last 24 hours and has dropped below $0.9.
  • The coin could retest the April 8 low of $0.739 if the bearish trend persists.

BAL sinks below $0.85 following Balancer hack

BAL, the native coin of the Balancer platform, has lost 5% of its value in the last 24 hours, making it one of the worst performers in the market. The bearish trend comes after Balancer, a DeFi protocol, suffered a major exploit on Monday, losing roughly $110 million in digital assets. 

According to reports, the stolen funds include osETH, WETH, and wstETH. The attacker drained 6,850 osETH, 6,590 WETH, and 4,260 wstETH from the Balancer platform. The security tool Decurity revealed that the hack occurred due to a faulty access control in its “manageUserBalance” function.

The vulnerability allowed the attacker to trigger internal balance withdrawals from Balancer’s smart contracts without proper permissions.

BAL could slip below $0.8 if the selloff continues

BAL has lost 12% of its value since the report of the hack on Monday, with the coin losing a crucial daily support level at $0.915. The BAL/USD 4-hour chart has switched bearish and inefficient following the swift selloff recorded by the pair.

The technical indicators are also bearish, suggesting heavy selling pressure. The RSI on the daily chart reads 43, below the neutral 50 and in a bearish zone. The MACD lines also crossed over into the negative zone over the weekend, suggesting a bearish bias.

After dropping below the $0.9150 support, the bulls would need to defend the next major resistance level at $0.735. This support level has held since April 8, and failure to defend this could trigger a yearly low for BAL.

However, if BAL recovers from this selloff, it will need to push above the support-turned-resistance level of $0.9150 over the next few hours or days. This would allow it to push above $1.0 psychological level once again.

BALUSD price by TradingView

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Will Ether test the daily resistance at $3,350? Check forecast

Key takeaways

  • Ether is down 6% in the last 24 hours and is now trading around $3,500.
  • The coin could retest the daily resistance at $3,350 in the near term.

Ether slips to $3,500

Ether, the second-largest cryptocurrency by market cap, has lost 6% of its value in the last 24 hours and is now trading at $3,502 per coin. The bearish performance comes as the broader cryptocurrency market continues to bleed.

The coin’s negative trend also comes despite Ethereum treasury firm BitMine Immersion (BMNR) announcing on Monday that it added 82,353 ETH to its balance sheet. The latest acquisition means that BitMine’s holdings have climbed to 3.39 million ETH or 2.8% of ETH’s circulating supply. 

While commenting on the acquisition, BitMine’s chairman Thomas Lee stated that,

Ethereum fundamentals continue to strengthen at an accelerating pace, with stablecoin supply on ETH rising >15% in the past 8 weeks and application [revenue] reaching an all-time high. Most of the time, price leads fundamentals, but at times fundamentals drive ahead, and price converges higher.

BitMine intends to acquire 5% of ETH’s circulation. It is currently the leading company with Ether holdings, ahead of SharpLink Gaming (SBET), which holds 859,395 ETH, and The Ether Machine (ETHM) with 496,712 ETH.

Ether could retest the daily support at $3,350

The ETH/USD 4-hour chart is bearish and efficient as Ether has underperformed in recent weeks. Ethereum saw $292.6 million in liquidations over the past 24 hours, led by $269.2 million in long liquidations, as traders took a massive hit.

The technical indicators are currently bearish, suggesting further selling pressure. The RSI on the daily chart of 43 is below the neutral 50, indicating a bearish bias. The MACD lines also crossed over into the negative zone over the weekend, flashing selling signals to traders.

If the selloff continues, ETH could retest the daily support at $3,350, last touched on August 2nd. However, if the bulls regain control of the market, ETH could recover above $3,700 before eyeing the major resistance level at $3,900.

Ethereum price by TradingView

The post Will Ether test the daily resistance at $3,350? Check forecast appeared first on CoinJournal.

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Solana ETFs inflows hit $70M despite SOL price dip

  • Solana spot exchange-traded funds saw net inflows of over $70 million on November 3, 2025.
  • The SOL spot ETF inflows hit a new daily high despite the token’s price dip.
  • Bulls target a flip to $200, but failure could push price to the psychologically important $100 mark.

While Solana price traded lower, exchange-traded funds (ETFs) tied to the token continued to attract significant investor interest.

On November 3, 2025, amid broader market uncertainties, Solana spot ETFs achieved $70 million in net inflows.

The mark was a record-breaking daily high that came as both Bitcoin and Ethereum spot ETFs witnessed notable outflows.

Solana spot ETFs see $70 million in daily inflows

Solana spot ETFs experienced a surge in inflows, reaching a new daily high of $70 million on November 3, 2025.

Meanwhile, the SOL token fell to a low of $166 on Monday and extended its decline to $155 by November 4.

Price declines reflect broader market jitters, possibly influenced by macroeconomic factors, including interest rates.

According to on-chain data, a significant number of bullish bets were liquidated amid the rot.

Despite the ongoing dip in the price of SOL, the Solana spot ETFs are seeing an influx of capital.

That’s in contrast to the trends observed in Bitcoin and Ethereum ETFs.

On November 3, Bitcoin spot ETFs recorded net outflows of $187 million, marking the fourth consecutive day of capital withdrawal.

Similarly, Ethereum spot ETFs saw $136 million in net outflows, also extending to a fourth straight day.

In comparison, Solana spot ETFs posted $70.05 million in net inflows, with this the fifth consecutive day of positive flows for the top 10 altcoin.

Inflows highlight investor confidence in Solana’s ecosystem.

A higher proportion of the inflows flowed into Bitwise’s BSOL ETF, which accounted for $66.5 million of the total. Grayscale’s GSOL saw $4.90 million.

Overall, US Solana spot ETFs have attracted a total of over $269.2 million in net inflows and over $513 million in net assets.

Solana’s ability to attract funds despite price weakness indicates a maturing investor base that prioritizes long-term potential over short-term fluctuations.

SOL price outlook

As of November 4, 2025, SOL is trading near $161, down 8% in 24 hours.

This comes as bears push it further off its recent high above $200 at the end of October.

Over the past week, the token has declined by about 20%, and by 30% in the past month amid heightened downward pressure.

This short-term downturn extends October’s downturn and threatens to wipe out gains seen between April and September.

At the time, SOL prices jumped from lows of $105 to near $250.

While bullish forecasts see SOL hitting new all-time highs before the end of 2025, cautious expectations indicate a potential retest of lower levels before bulls take control.

The post Solana ETFs inflows hit $70M despite SOL price dip appeared first on CoinJournal.

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Decred defies market downtrend, jumps to 4-year high: analysts see path to $100

  • Decred price jumped to highs of $65 before paring gains to a key support level.
  • Gains came as privacy coins Zcash and Dash also spiked to the defy broader market dump.
  • DCR could target $100 next after hitting the four-year highs.

As top coins slip to or below key levels, Decred (DCR) and a few others have bucked the trend with notable spikes.

The widespread cryptocurrency market slump has seen Bitcoin, Ethereum, and XRP fall sharply, yet Decred is soaring to heights not witnessed since 2021. All this comes as Zcash and Dash stand out amid the ongoing resurgence of privacy-focused assets.

Decred jumps to 4-year high of $65

Decred’s price exploded more than 150% in 24 hours to touch a four-year peak above $65, with this coming amid a broader crypto downturn.

The breakout follows bulls decisively breaching the resistance of a long-term falling wedge, with $40 a key level that allowed DCR to hit highs of $65.78. While the pattern remains in place on the longer term time frame, a little paring of gains has Decred price near $40 and risking profit taking flip.

What fueled the early Tuesday surge was a staggering increase in trading volume, which skyrocketed over 1,100% to over $172 million. It offered a glimpse of the sharp buyer interest in the coin as privacy coins see traction.

Zcash, Dash also surge

Decred’s gains mirrored a broader revival in the privacy coin sector, where Zcash (ZEC) and Dash (DASH) have recently defied bears. In October, Zcash and Dash both rose to key levels, the ZEC spike seeing the altcoin hit 7-year highs.

While Zcash has been the frontrunner in this pack, privacy coins such as DASH, Railgun, Horizon, Tornado Cash, and Verge have notched gains.

Can Decred price go to $100 next?

What privacy coins’ collective rally speaks to is a market rotation, with assets offering financial anonymity and robust fundamentals attractive.

In this case, Decred stands out for its hybrid proof-of-work and proof-of-stake model, which emphasizes decentralized governance and enhanced security.

The project recently highlighted its privacy credentials, noting non-custodial peer-to-peer mixing with post-quantum encryption. Users can mix coins while staking for untraceable histories and anonymous governance.

Also key is DCR’s finite 21 million coin cap, pointing to a potential supply shock as holdings on exchanges like Binance continue to decline.

Analyst Captain Faibik pointed to a potential spike in DCR price.

While currently trading at $40.24, Decred still has potential for strong upward momentum.

However, bulls have to show they are firmly in control by maintaining support above the $40 level. This could pave the way for further gains, potentially targeting $70 or beyond. Bulls hitting $65 means a fresh rally could bring $100 into play.

On the flipside, $32 and $25 could be key demand reload zones.

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