Kategorie: Crypto Analysis

Key takeaways

• The Ethereum Foundation has reduced its workforce by 20% following the completion of a major reorganization.
• ETH is up by 1% and is now trading above $1,650.

The Ethereum Foundation (EF) has completed a broad organizational restructuring that includes reducing its workforce by approximately 20%, affecting 54 employees across multiple teams.

In a blog post published Tuesday, the Foundation said the changes conclude a months-long reorganization process tied to the implementation of its updated mandate and treasury management strategy.

Ethereum Foundation introduces new organizational structure

As part of the overhaul, the EF has reorganized its operations into five core clusters: Protocol Layer, Access Layer, User Layer, Community Layer, and Institutional Layer. Two additional clusters will oversee management and operational functions.

According to the Foundation, each cluster has been designed with specific responsibilities, accountability frameworks, and internal structures tailored to its objectives.

“Each domain of work requires a different approach, is held accountable for different kinds of results, and has a different internal structure tailored to the work that needs to be done,” the EF stated.

Ethereum co-founder Vitalik Buterin revealed in a post on X that the workforce reduction comes as the Foundation pursues a significant spending reduction strategy.

The EF plans to lower annual spending from approximately 15% of its remaining treasury before 2026 to a long-term target of 5% after 2030. As part of this effort, the Foundation is reducing its budget by roughly 40% this year.

Buterin acknowledged the human cost of the restructuring, rejecting the notion that the layoffs were simply an efficiency exercise.

“Often, when an organization goes through something like this, people try to pretend that nothing of great value was lost,” Buterin wrote. “I will not try to pretend this. I respect my EF colleagues far too much to pretend that there was not much that is lost.”

The Foundation said affected employees will receive severance packages and transition assistance, similar to support provided to previous departing team members.

Ethereum price forecast: ETH risks further decline below key support

Ethereum continues to face downside pressure, with liquidation data highlighting persistent weakness in market sentiment.

On the 4-hour timeframe, ETH continues to trade below its 20-day, 50-day, and 100-day Exponential Moving Averages (EMAs), located near $1,753, $1,901, and $2,064, respectively.

The cryptocurrency also remains below a previously broken descending trendline around $1,729 and a key horizontal resistance zone near $1,741. These technical barriers suggest the broader bearish structure remains intact.

Ethereum is now approaching the important support level at $1,611 after being rejected near the convergence of the descending trendline and the 20-day EMA.

A decisive break below $1,611 could expose the next major support zone at $1,524. If selling pressure intensifies, additional downside targets emerge at $1,404 and potentially $1,155.

Unless buyers reclaim key resistance levels, Ethereum’s price action remains vulnerable to further losses in the near term.

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Key takeaways

• CryptoQuant’s taker Cumulative Volume Delta (CVD) shows a persistent negative trend over the past 90 days for PI.
• The coin is down 4.5% in the last 24 hours and now trades below $0.1300. 

PI extends losses amid weak market conditions

Pi Network (PI) traded in the red on Tuesday, falling below the $0.1300 level as selling pressure intensified across the broader crypto market. 

The token is now testing a breakdown of a rising support trendline, signaling growing bearish momentum.

Market data suggests that sellers remain firmly in control in the spot market. CryptoQuant’s taker Cumulative Volume Delta (CVD) shows a persistent negative trend over the past 90 days, indicating that sell orders have consistently outweighed buy orders. This pattern points to sustained distribution and weakening demand for PI.

At the same time, broader market sentiment is also deteriorating. The CoinMarketCap Fear and Greed Index currently sits at 20, reflecting “Extreme Fear” conditions. 

Such risk-averse environments often weigh heavily on speculative and community-driven assets like Pi Network.

PI technical breakdown signals bearish shift

Pi Network has extended its bearish structure after dropping below the 50-period Exponential Moving Average (EMA) at $0.1335 on the 4-hour chart, as well as the $0.1300 psychological level.

The breakdown below a rising support trendline near $0.1300 is a key technical development, with a confirmed close beneath this level potentially validating a bearish reversal.

Following the breakdown, price action now risks deeper declines toward key Fibonacci levels. Immediate downside focus lies at the 78.6% retracement level near $0.1251, based on the move from $0.1532 to $0.1184.

If selling pressure continues, the next support levels include the swing low at $0.1184, followed by the 127.2% Fibonacci extension around $0.1103.

Technical momentum indicators continue to favor sellers. The Relative Strength Index (RSI) on the 4-hour chart has dropped to 38, approaching oversold territory.

Meanwhile, the Moving Average Convergence Divergence (MACD) has crossed below the signal line, reinforcing bearish momentum despite the possibility of a short-term technical rebound.

On the upside, immediate resistance is clustered around the $0.1300 region, which now aligns with the broken trendline. 

This is followed by the 50-period EMA at $0.1335 and the 50% Fibonacci retracement level at $0.1346.

Further resistance levels include the 200-period EMA near $0.1390 and the 78.6% retracement at $0.1441, which would need to be cleared for any meaningful bullish recovery to take shape.

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Key takeaways

• DOGE is down by nearly 6% and is now trading below $0.08.
• The bearish performance comes as retail traders reduce their exposure to the market. 

DOGE extends losses after failed breakout

Dogecoin (DOGE) continued to face downward pressure on Tuesday, trading below $0.08 after failing to break above a key resistance zone. 

The meme coin has now dropped more than 10% over the past week, reflecting weakening momentum across both spot and derivatives markets.

Market data suggests that institutional participation in Dogecoin remains weak. According to SoSoValue data, spot Exchange Traded Funds (ETFs) linked to DOGE have shown little activity since early June, signaling a decline in demand from larger investors.

A continuation of negative or absent ETF flows could further weigh on price action, increasing the risk of additional downside volatility.

Sentiment around Dogecoin has also weakened on social platforms. Santiment’s Social Dominance metric, which tracks the share of cryptocurrency discussions focused on DOGE, fell to 0.095% on Tuesday. This level is close to early June lows and reflects a sharp decline in market attention.

The drop suggests fading enthusiasm among retail traders, often a key driver of momentum for meme-based cryptocurrencies.

Futures and options data further reinforce the cautious outlook. CoinGlass reports that Dogecoin’s long-to-short ratio fell to 0.80 on Tuesday, near its lowest level in over a month.

A ratio below 1 indicates that more traders are positioning for price declines than gains, highlighting growing bearish sentiment in the derivatives market.

DOGE price outlook: Key levels in focus

Dogecoin was trading around $0.07948 at the time of writing, maintaining a bearish short-term structure. 

The price remains below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), which are clustered between $0.093 and $0.114, reinforcing downside pressure.

Momentum indicators present a mixed picture. The Relative Strength Index (RSI) sits at the oversold territory near 29, suggesting selling pressure is stretched. 

However, the Moving Average Convergence Divergence (MACD) shows only mild stabilization, not a confirmed reversal.

On the upside, immediate resistance is seen near $0.0885, followed by the 50-day EMA at $0.0926 and the 100-day EMA at $0.0982.

A stronger recovery would require a break above the descending trendline near $0.1000, with further resistance at $0.1027 and the 200-day EMA around $0.1138.

On the downside, the critical support level remains the recent yearly low at $0.0776. A decisive break below this level could open the door for a move toward $0.0700, where buyers may attempt to re-enter the market.

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Key takeaways

• Luxembourg’s financial regulator has granted Ripple preliminary approval for a Crypto Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA).
• XRP is down by nearly 4% in the last 24 hours and now trades at $1.10 per coin. 

Luxembourg regulator grants Ripple CASP green light

Luxembourg’s financial regulator has granted Ripple preliminary approval for a Crypto Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company confirmed on Tuesday.

Once fully approved, the license will enable Ripple to provide regulated crypto services to banks, fintech firms, and other businesses across all 30 countries in the European Economic Area (EEA) through a single regulatory passport system.

The CASP approval expands Ripple’s existing regulatory footprint in Europe. The company already holds an Electronic Money Institution (EMI) license in Luxembourg, which allows it to offer cross-border payment and electronic money services throughout the EEA.

Together, the EMI and upcoming CASP authorization are expected to support a unified infrastructure for crypto asset and stablecoin-based payments across Europe.

The timing of the development is notable, coming just ahead of the July 1 transition deadline, when EU member states begin fully enforcing MiCA regulations.

According to Ripple, the combined regulatory approvals will enable the company to deliver a “full crypto asset and stablecoin payments infrastructure” through a single integration.

The firm also said the approval positions it to expand its broader crypto services across Europe, which it described as one of its most important growth regions.

Cassie Craddock, Managing Director for the UK and Europe at Ripple, said MiCA is already accelerating institutional adoption of digital assets across the region.

Ripple now holds more than 75 regulatory licenses worldwide, reinforcing its push toward regulated global expansion.

In addition to its EU progress, the company also secured a UK license from the Financial Conduct Authority in January 2026, further strengthening its position in key financial markets.

XRP could dip below $1.0 as the market sentiment remains bearish

The XRP/USD 4-hour chart remains bearish and efficient as Ripple has lost 4% of its value in the last 24 hours.

At press time, XRP is trading at $1.10 and could drop lower in the near term. The momentum indicators show that the bulls are in control of the market.

The MACD lines are below the neutral zone, while the RSI of 32 shows that XRP is heading into the oversold territory.

If the bearish trend persists, XRP could retest the June low of $1.05, with lower demand zones at the $0.98 level. 

However, if the bulls regain control, XRP could rally towards the Monday high of $1.16. A daily candle close above this level could see XRP target the $1.23 resistance zone.

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Key takeaways

• Bitcoin remained under pressure after Iran announced that it would not permit inspectors from the International Atomic Energy Agency (IAEA) to access its damaged nuclear facilities, 
• The leading cryptocurrency has dropped to the $62,300 level, down 3.5% in the last 24 hours. 

Bitcoin (BTC) continued to trade below the $63,000 level on Tuesday as mixed signals from the United States and Iran regarding nuclear negotiations kept geopolitical tensions elevated. At the same time, ongoing institutional selling and continued outflows from spot Bitcoin exchange-traded funds (ETFs) limited the cryptocurrency’s upside potential despite diplomatic efforts.

Conflicting US-Iran signals weigh on market sentiment

Bitcoin remained under pressure after Iran announced that it would not permit inspectors from the International Atomic Energy Agency (IAEA) to access its damaged nuclear facilities, raising fresh concerns about the progress of ongoing negotiations.

Iranian Foreign Ministry spokesperson Esmaeil Baghaei stated that no meeting had taken place between Iranian officials and IAEA Director General Rafael Grossi in Switzerland. The comments contradicted earlier remarks from US Vice President JD Vance, who suggested the talks included agreements related to IAEA inspections.

“There was no protocol for such inspections,” Baghaei said.

While US President Donald Trump and Vice President Vance have expressed optimism about the progress of nuclear discussions, Iranian officials maintain that no new commitments have been made. The conflicting narratives have renewed uncertainty surrounding negotiations between Washington and Tehran, encouraging investors to remain cautious and reducing appetite for risk assets such as cryptocurrencies.

Markets may also experience heightened volatility due to a major quarter-end portfolio rebalancing event.

Analysts at JPMorgan estimate that institutional investors could sell approximately $165 billion worth of equities while purchasing a similar amount of bonds before the end of the second quarter. Such a large-scale asset reallocation would represent the biggest shift in at least four years and could create significant volatility across multiple asset classes.

Institutional demand for Bitcoin continues to weaken as spot Bitcoin ETFs recorded additional outflows at the start of the week.

Data from CoinGlass shows that spot Bitcoin ETFs experienced net outflows of $68.30 million on Monday, following $226.84 million in withdrawals during the previous week. The latest figures mark the sixth consecutive week of net outflows.

Although Monday’s withdrawals were smaller than those recorded in recent weeks, the persistent trend continues to weigh on Bitcoin’s price outlook. Analysts warn that a further acceleration in outflows could trigger a deeper correction in the market.

Bitcoin price outlook: $64K remains key resistance

Bitcoin was trading near $62,350 at the time of writing, maintaining a bearish short-term outlook as the asset remains below several key Exponential Moving Averages (EMAs).

The cryptocurrency faced rejection at the important horizontal resistance level of $64,004 on Monday, highlighting the market’s inability to sustain upward momentum.

Technical indicators present a mixed picture. The Relative Strength Index (RSI) remains subdued near 34, signaling weak momentum. 

However, the Moving Average Convergence Divergence (MACD) histogram remains in positive territory, suggesting that selling pressure may be easing rather than accelerating.

On the upside, Bitcoin’s first major hurdle remains the $64,004 resistance level. A successful breakout could open the door for a move toward the 50-day EMA at $68,821 and the 100-day EMA at $71,922.

Beyond these levels, the 200-day EMA at $77,528 and the horizontal resistance zone near $84,410 represent significant medium-term barriers.

On the downside, traders are closely monitoring the psychological $60,000 level. A decisive daily close below this support could trigger a deeper corrective phase and increase downside risks in the near term.

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