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Cryptocurrency News Articles
ETH Might Mirror a Bearish Pattern Observed in 2016, But Could Rebound Significantly in H1 2025: Analyst
Oct 04, 2024 at 01:30 pm
Crypto analyst Benjamin Cowen has cautioned that Ethereum (ETH) could face a bearish trend as 2024's final quarter approaches.
Crypto analyst Benjamin Cowen has shared his thoughts on the potential upcoming trends for Bitcoin (BTC) and Ethereum (ETH) price movements.
According to Cowen, a bearish trend might be on the horizon for ETH as 2024's final quarter approaches. He observed that ETH may be mirroring a pattern from 2016, hinting at potential declines in the coming months. However, if this trend holds, Cowen anticipates a significant rebound for Ethereum in the first half of 2025.
At the time of writing, Ethereum is trading at $2,375, having seen a 3.3% decrease over the past day.
Cowen also noted that for Bitcoin to begin a rally, Tether’s market dominance (USDT.D) on the weekly chart must break below a key trend line. This shift would indicate that traders are using their stablecoins to acquire other cryptocurrencies. Historically, a declining USDT dominance has correlated with upward trends in Bitcoin’s price.
Moreover, Cowen shared his insights on the overall valuation of the crypto market, suggesting that the market might not reach its fair value until early next year. He referenced historical patterns, where previous cycles saw significant overvaluation occurring well after the halving events, indicating that a similar pattern could unfold this time around.
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
