Crypto Market Prediction: Ethereum (ETH) Is Back, Bitcoin (BTC) Breaks Bears at $110,000, Shiba Inu (SHIB) Ramp Deletes Zero
The post Crypto Market Prediction: Ethereum (ETH) Is Back, Bitcoin (BTC) Breaks Bears at $110,000, Shiba Inu (SHIB) Ramp Deletes Zero appeared on BitcoinEthereumNews.com.
Bulls are suddenly taking control of the cryptocurrency market, with Bitcoin easily breaking through bearish liquidity and setting itself up for a potential rapid comeback, while Shiba Inu removes an excessive zero from its price as ETH is back above $4,000. Marking important retrace Following weeks of extreme volatility, and a brief decline below important support levels, Ethereum is now recovering well. With a significant reversal from recent lows near $3,600, the second-largest cryptocurrency by market capitalization has recovered, and it is currently trading above $4,000 after rising more than 2% in the last day. ETH/USDT Chart by TradingView Ethereum’s recovery occurs as it finds support at the 200-day moving average, a critical technical indicator that frequently indicates the direction of long-term trends. The fact that ETH was able to recover from that point indicates that traders and investors have newfound confidence. Additionally, the price has returned above the 50-day EMA, supporting the idea that the bearish momentum may be waning. Increased buying activity is indicated by volume indicators, and stronger green candles that have emerged in recent sessions may indicate that accumulation is starting. Indicating that the short-term trend may continue upward if buyers maintain the pressure, the RSI has also begun to rise from oversold territory. From a wider angle, Ethereum’s tenacity might also be a reflection of the recovering mood on the cryptocurrency market following a week of significant liquidations. The fact that Bitcoin has stabilized above $107,000 suggests that risk appetite is returning, which is good news for ETH and other large-cap assets. In the future, Ethereum will encounter resistance in the $4,200-$4,300 range. The $4,500 level, and possibly even the $4,800 level from earlier this year, could be retested if there is a confirmed breakout above this zone. Preserving the current bullish momentum on the…
Filed under: News - @ October 21, 2025 3:29 am