EthicHub USD Price & Performance (ETHIXUSD)

Cryptocurrency-related stocks soared as former President Trump unveiled a "Crypto Strategic Reserve." Bitcoin rebounded to $93,000 after a three-month low, driving gains in companies like MicroStrategy, Coinbase, and Riot Platforms. This development comes amid broader market concerns about economic stability and Federal Reserve interest rate decisions.1

Ethereum's price is showing signs of recovery after breaking above $2,000. However, resistance near $2,050 and $2,100 is challenging further gains. Technical indicators, including RSI and MACD, suggest mixed momentum. Investors are closely monitoring whether ETH can sustain its levels or face renewed selling pressure.2

Ethereum’s price recovery above $2,000 has sparked optimism among investors. On-chain data shows a shift in sentiment, with realized price levels supporting bullish trends. However, analysts highlight the need for sustained buying pressure to confirm a trend reversal and avoid a fallback into bearish territory.34