PANews reported on September 30 that according to Matrixport analysis, the price of Ethereum fell back to the upper edge of a multi-year ascending triangle and stabilized before rebounding. The current trend has entered a critical observation period, and it is necessary to verify whether it is another holiday breakthrough or the start of a new round of rise. Looking back at previous false breakouts, prices experienced limited downward momentum and rebounded quickly. The current trend exhibits similar characteristics, prompting caution for a possible new round of rapid gains. Overall, the technical structure of the rebound is positive, but some buying may stem from month-end earnings revisions or early positioning for October seasonal market conditions.PANews reported on September 30 that according to Matrixport analysis, the price of Ethereum fell back to the upper edge of a multi-year ascending triangle and stabilized before rebounding. The current trend has entered a critical observation period, and it is necessary to verify whether it is another holiday breakthrough or the start of a new round of rise. Looking back at previous false breakouts, prices experienced limited downward momentum and rebounded quickly. The current trend exhibits similar characteristics, prompting caution for a possible new round of rapid gains. Overall, the technical structure of the rebound is positive, but some buying may stem from month-end earnings revisions or early positioning for October seasonal market conditions.
Analysis: Ethereum tests key support and enters observation period, technical rebound structure is positive
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on September 30 that according to Matrixport analysis, the price of Ethereum fell back to the upper edge of a multi-year ascending triangle and stabilized before rebounding. The current trend has entered a critical observation period, and it is necessary to verify whether it is another holiday breakthrough or the start of a new round of rise.
Looking back at previous false breakouts, prices experienced limited downward momentum and rebounded quickly. The current trend exhibits similar characteristics, prompting caution for a possible new round of rapid gains. Overall, the technical structure of the rebound is positive, but some buying may stem from month-end earnings revisions or early positioning for October seasonal market conditions.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Now Supports Coinbase’s Crucial Crypto Futures For Institutions
The post Now Supports Coinbase’s Crucial Crypto Futures For Institutions appeared on BitcoinEthereumNews.com. Ripple Prime Expands Access: Now Supports Coinbase
Share
BitcoinEthereumNews2026/03/06 05:14
UK inflation stays high, potentially pausing interest rate hikes
The post UK inflation stays high, potentially pausing interest rate hikes appeared on BitcoinEthereumNews.com. Key Takeaways UK inflation remains significantly above the Bank of England’s 2% target. Persistent inflation may prompt the central bank to pause further interest rate hikes. UK inflation remains nearly double the Bank of England’s target as policymakers prepare for a likely pause in interest rate increases. The persistent elevated inflation reading comes as the central bank weighs whether to halt its series of rate hikes that have been implemented to combat rising prices across the economy. The inflation rate continues to run well above the Bank of England’s 2% target, presenting ongoing challenges for monetary policy officials who have been raising borrowing costs to bring price pressures under control. Source: https://cryptobriefing.com/uk-inflation-pause-interest-rate-hikes/
Share
BitcoinEthereumNews2025/09/18 10:43
Banco Santander Launches Retail Crypto Trading via Openbank in Germany
TLDR Banco Santander has launched retail crypto trading through its online bank, Openbank. German customers can now trade Bitcoin, Ether, Litecoin, Polygon, and Cardano on Openbank. The service will expand to Spanish clients in the coming weeks and include more tokens. Openbank charges a 1.49% fee per transaction, with no custody fees involved. Banco Santander [...] The post Banco Santander Launches Retail Crypto Trading via Openbank in Germany appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:56