Kategorie: Crypto Markets

• Ethereum price struggles below $3,000 with buyers defending $2,750–$2,800 support.
• Open interest rises as leveraged longs increase, raising volatility risk.
• Fusako upgrade sparks interest, but market remains cautious amid outflows.

Ethereum price remains under pressure after a week of sharp declines, institutional outflows, and renewed macro uncertainty.

The cryptocurrency has attempted several intraday rebounds, but none have been strong enough to shift the broader downtrend.

As investors assess shifting liquidity conditions and await the upcoming Fusako upgrade, the key question is whether Ethereum (ETH) is preparing for a relief rally or bracing for another leg lower.

Selling pressure meets fragile support

Ethereum has fallen nearly 12% over the past seven days, extending a multi-month decline and keeping price action locked inside a steep descending channel that has guided every move since early autumn.

The latest rebound from the $2,525 liquidity pocket lifted sentiment briefly, yet the overall structure remains heavy as sellers continue to defend each approach toward the channel’s upper boundary near $3,050 to $3,120.

Momentum indicators highlight this tension, with the daily RSI hovering near oversold territory, signalling exhaustion but not a confirmed reversal.

Earlier rebounds at similar RSI levels failed to build strength, giving sellers repeated opportunities to push Ethereum lower.

ETH also trades beneath the 20-day, 50-day, and 200-day EMAs, which have compressed tightly above price and formed a broad resistance zone.

This overhead pressure has pinned Ethereum below the $2,947 to $3,000 region, which remains the market’s first and most critical barrier.

A decisive break above this area is needed to shift momentum, because without it, each recovery attempt risks fading as seen throughout November.

Ethereum price squeezes between key levels

The wider technical picture shows Ethereum caught between fragile support and heavily defended resistance levels.

The $2,750 to $2,800 band has served as a demand shelf throughout the year, and buyers are once again fighting to maintain it.

Losing this zone would open a path toward deeper support levels at $2,450, $2,300, and possibly $2,150.

A clean breakdown below $2,500 would expose thin liquidity and could drive ETH toward the broader accumulation range between $2,050 and $2,200.

A sustained move above $2,947 would clear the first obstacle and potentially spark a rally toward $3,132, where the 200-day EMA converges with heavy volume resistance.

A breakout above that level could extend recovery efforts toward $3,450 and ease pressure heading into December.

Derivatives data show traders increasing exposure during the recent bounce, with the Ethereum futures open interest climbing above $34 billion and signalling that market participants are adding positions rather than unwinding them.

Long-short ratios on major exchanges have leaned toward longs, suggesting optimism but also raising the risk of sharper volatility if resistance levels hold and leveraged buyers become trapped.

Institutional flows continue to weigh on sentiment, with ETH investment products seeing more than half a billion dollars in outflows last week, led by US spot ETFs.

The retreat highlights ongoing caution among large investors who remain sensitive to interest-rate expectations and regulatory developments.

Also, Ethereum’s correlation with equity markets remains elevated, leaving the cryptocurrency exposed to broader macro swings even as the upcoming Fusako upgrade draws interest but has yet to shift market mood.

The post Ethereum price forecast: oversold bounce or breakdown ahead? appeared first on CoinJournal.

• AVAX One’s treasury held over 13.8 million AVAX as of November 23, 2025.
• Buys signal further commitment by the company towards the long-term growth of Avalanche.
• Key sectors include decentralized finance and enterprise applications.

AVAX One, a treasury management firm specializing in blockchain assets, has added to its holdings of Avalanche’s native token.

The accumulation comes after the company’s rebranding and amid a broader market downturn.

However, it reflects the growing institutional interest in cryptocurrency for treasury asset portfolios.

Meanwhile, the price of Avalanche (AVAX) is showing resilience above $12 amid notable traction in the decentralized finance and enterprise applications market.

AVAX One adds to Avalanche treasury holdings

Digital asset treasuries remain a key ecosystem feature despite a slight dip in the hype around the various launches. Bitcoin, Ethereum, Solana, and XRP are among the top coins to attract billions of dollars in DAT moves.

AVAX One’s latest disclosure marks yet another pivotal expansion by a digital asset treasury company.

In a press release, AVAX One said it had added to its holdings of the asset.

Specifically, the company has elevated its AVAX holdings past the 13.8 million mark.

It acquired 9,377,475 AVAX between November 5 and November 23, 2025, for an average price of $11.73 per token. Total purchase was for around $110 million, and the buildup, executed through methodical acquisitions over recent weeks, positions the firm as one of the largest institutional custodians of Avalanche’s native cryptocurrency.

“Since launching our treasury strategy earlier this month, we have rapidly accumulated more than 13.8 million AVAX and completed our corporate rebrand — decisive steps that reflect our conviction in Avalanche’s high-speed, institutional-grade blockchain built for the future of finance,” said Jolie Kahn, chief executive officer of AVAX One. “We intend to remain highly opportunistic with our remaining cash position as we evaluate additional purchases of AVAX tokens and our own stock, both of which we believe represent compelling value at current levels.”

What’s the Avalanche price outlook?

Avalanche’s traction in real-world assets (RWA) and DeFi, amid initiatives such the  AVAX One’s balance sheet move, contributes to Avalanche’s ecosystem growth.

The boost to liquidity and continued adoption by treasury companies could help price.

The token’s price trajectory in 2025 includes a breakdown to lows of $15 in April and a surge to above $35 in September.

As of November 24, 2025, AVAX traded around $13.30, just in the green on the day but still down 12% over the past week. The bulls will target a breakout above $14 and $15 to strengthen short-term upside momentum.

AVAX ETFs, broader market conditions could prove critical for bulls.

Matt Zhang, chairman of the AVAX One board, noted that the current price could be a good time to buy.

“Avalanche is quickly emerging as one of the most foundational technologies shaping the future of global finance. With the current market volatility, we believe this is an opportune time to accumulate AVAX and accrete value for our shareholders.

The post AVAX One boosts Avalanche holdings to 13.8M tokens as institutions pile into crypto treasuries appeared first on CoinJournal.

• Zcash price traded to above $744 in November, reaching the highs on two occasions as privacy coins rallied.
• While sentiment took a hit as price fell amid profit-taking, the privacy coin’s token remains largely bullish.
• Bulls may target the $1,000 high.

Zcash dropped to a low of $530 as Bitcoin rebounded to near $87,000 before also paring gains.

The altcoin could revisit support again, but an upbeat market amid whale accumulation means ZEC could target the multi-year highs again in the coming weeks.

However, that optimism could get a serious dent should prices fall below $500.

ZEC falls 8% but bulls fade bears

Zcash’s latest price action tells a tale of fleeting optimism punctuated by relentless bearish momentum.

Recently, ZEC clawed its way up double digits to hit $740 highs and lead the top altcoin gainers.

A lot of the momentum got fuel from institutional whispers of accumulation.

It included aspects such as Cypherpunk Technologies’ recent ZEC treasury addition and VanEck’s projection of the altcoin were seen as a vote of confidence.

Yet, as Bitcoin crashed to lows of 80,000, even ZEC’s uptick proved ephemeral.

On November 24, 2025, ZEC dropped to intraday lows of $530 after plummeting nearly 8%.

Zcash’s intraday high of $608 nonetheless beckons after bulls bounced to $547 as of writing.

Zcash price forecast

Zcash’s trajectory hinges on technical resilience amid bearish headwinds.

The daily chart shows the price remains above the 50-day exponential moving average.

Meanwhile, the Relative Strength Index (RSI) on the timeframe reads 52.30, dipping but not beyond the neutral territory mark.

At current levels, RSI neither screams “buy” nor “oversold,” aligning with the market’s indecision.

Bulls need an upsloping direction above 500, while bears will have eye on movement below the threshold.

Despite bears threatening the recent rally, bulls have it all in front of them as they battle to keep the $530 price level.

Here’s what analysis by LunarCrush says about ZEC:

“After pricing moving up more than 1400% in the last three months, Zcash took a break this week with price moving down 20%. Social activity remains extremely strong as the 5th most mentioned coin, ranking right after $XRP and just ahead of $DOGE. $ZEC has shown to be highly correlated to moves in social activity and [social activity] is rising again.

What’s next

A revisit of the $550 zone and a retest of $600 might spell a flip to the current downward vulnerability.

In any case, trading volume falling 38% in the last 24 hours and price bouncing off key levels suggests ZEC is not in panic selling mode yet.

Buyers can seize this opportunity to push ZEC above key psychological levels.

If the privacy narrative strengthens, fresh targets could emerge above $1,000.

Long-term, Zcash’s privacy edge could catalyze further gains, with scarcity favoring bulls.

The post Zcash price holds key level: can bulls break to $1000 next? appeared first on CoinJournal.

• Bitcoin drops 31% as investor belief weakens and risk sentiment fades.
• Fed uncertainty, regulation stalls, and ETF outflows deepen BTC’s slide.
• Long-term holders take profits, marking a shift from prior Bitcoin crashes.

Bitcoin has tumbled sharply from its recent record highs, with strategists at Deutsche Bank pointing to a weakening in investor conviction as a key force behind the cryptocurrency’s downturn.

The world’s largest digital asset, which suffered its worst weekly loss since February, continues to face pressure from shifting market conditions, regulatory uncertainty, and profit-taking across both institutional and long-term holders.

Bitcoin edged higher over the weekend but remained down 0.79% at $85,933 at the time of writing.

The cryptocurrency is now 31% below its all-time high of $126,272 reached on Oct. 6.

According to Deutsche Bank strategists Marion Laboure and Camila Siazon, the most significant factor driving the selloff is that “investor belief is crucial for continued gains — and right now the faithful are wavering.”

The strategists revived their “Tinkerbell effect” theory from 2021, which argues that bitcoin’s valuation is driven heavily by sentiment and what investors collectively believe it is worth.

In their view, sentiment-driven selling has re-emerged, shaking confidence in bitcoin’s ability to remain a stable part of diversified portfolios.

They noted that bitcoin’s “portfolio integration is being tested,” adding that the shift could be temporary or persist depending on broader financial conditions.

The bank shared 5 reasons behind the cryptocurrency’s sell-off.

Broader decline in stocks and risk appetite

The first major factor weighing on Bitcoin is a pullback in global risk sentiment.

Deutsche Bank notes that the cryptocurrency continues to behave like a risk asset rather than a safe-haven hedge, despite some investors hoping it would evolve into a defensive store of value.

The broader selloff in equities has spilled into digital assets, reinforcing that Bitcoin’s performance remains tethered to overall market mood.

Uncertainty over the Federal Reserve’s next moves

The second pressure point comes from uncertainty surrounding US monetary policy.

Investors have become less confident that the Federal Reserve will continue easing this year.

This shift has introduced volatility into multiple asset classes, including cryptocurrencies, as traders reassess risk-taking amid the possibility of a more restrictive policy stance.

Deutsche Bank strategists warn that further hesitation or hawkish signals from the Fed could deepen Bitcoin’s decline.

Regulatory momentum has stalled

Regulatory uncertainty is also contributing to the downturn.

According to Laboure and Siazon, momentum behind crypto-related regulatory progress has slowed since the summer.

This stagnation has complicated Bitcoin’s “portfolio integration,” making institutions more cautious about increasing exposure.

The lack of clear, forward-moving regulatory frameworks has left investors in a holding pattern, weakening one of the key drivers of Bitcoin’s mainstream financial adoption story.

Institutional outflows and thinning liquidity

A fourth driver of the selloff is rising institutional outflows.

Deutsche Bank notes that several Bitcoin exchange-traded funds have experienced withdrawals, reducing liquidity across the market.

Thinner liquidity amplifies price declines and increases volatility.

This dynamic marks a significant difference from previous crashes, many of which were predominantly driven by retail traders rather than institutions.

Long-term holders taking profits

Finally, long-term Bitcoin holders — often referred to as the most steadfast participants in the market — have begun taking profits.

This behavior, the strategists say, has not been observed in earlier downturns and underscores the unusual nature of the current correction.

Selling from such investors adds to market pressure and signals that even committed holders are reassessing their positions.

While the strategists say it remains unclear when or whether Bitcoin will stabilize, they emphasize that this year’s pullback is distinct.

Unlike prior crashes fueled by retail speculation, the current slump is unfolding amid a complex mix of institutional activity, shifting macroeconomic conditions, and evolving policy landscapes — leaving the market’s next move uncertain.

The post 5 reasons for Bitcoin’s selloff according to Deutsche Bank appeared first on CoinJournal.