{"id":21,"date":"2025-05-05T09:31:56","date_gmt":"2025-05-05T09:31:56","guid":{"rendered":"https:\/\/incomenews.online\/index.php\/2025\/05\/05\/3-things-that-could-rattle-crypto-markets-this-week\/"},"modified":"2025-05-05T09:31:56","modified_gmt":"2025-05-05T09:31:56","slug":"3-things-that-could-rattle-crypto-markets-this-week","status":"publish","type":"post","link":"https:\/\/incomenews.online\/index.php\/2025\/05\/05\/3-things-that-could-rattle-crypto-markets-this-week\/","title":{"rendered":"3 Things That Could Rattle Crypto Markets This Week\u00a0"},"content":{"rendered":"<p>A busy week lies ahead on the United States economic calendar, and all eyes are on the Federal Reserve.\u00a0<\/p>\n<p>Ethereum&#8217;s price was down 2.9% for the 1-month view to start the weekend. But it was down even more, by -38%, over the 1-year view.<\/p>\n<p>That could be a buying opportunity for cryptocurrency investors and altcoin traders to scoop some Ether tokens at a discount. In fact, one popular Crypto X analyst recently pointed out that Ethereum&#8217;s price chart exhibits a potential bullish breakout up ahead.<\/p>\n<h2>Crypto Analyst Checks Ethereum Price Falling Wedge<\/h2>\n<p>MN Fund founder Micha\u00ebl van de Poppe wrote in an update on Wednesday, Apr. 30:<\/p>\n<blockquote>\n<p>&#8220;$ETH is consolidating before a big breakout upwards. The liquidity is up for grabs, it just needs a news related item to kick it off.&#8221;<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a> is consolidating before a big breakout upwards.<\/p>\n<p>The liquidity is up for grabs, it just needs a news related item to kick it off. <a href=\"https:\/\/t.co\/VQaGvfZcA0\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/VQaGvfZcA0<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1917572646797205694?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">April 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>De Poppe then shared a TradingView screen grab of descending wedge lines with steeper lines of resistance and flattening lines of support. This is a classic chart indicator of a bullish reversal from a downward trend.<\/p>\n<p>It is an especially suggestive indicator in this case because it has the textbook declining daily trade volume as the trend lines converge.<\/p>\n<h2>Vitalik Buterin New Ethereum Roadmap for 2025<\/h2>\n<p>One commentator <a href=\"https:\/\/x.com\/PiCapn\/status\/1917579329384636909\" data-wpel-link=\"external\" target=\"_blank\">replied<\/a> to van de Poppe:<\/p>\n<blockquote>\n<p>&#8220;Yeah that ETH chart&#8217;s wound tighter than a drum rn. Consolidation screams pre-breakout vibes. Just need that catalyst like you said. What kinda news are we realistically looking for tho?&#8221;<\/p>\n<\/blockquote>\n<p>Ethereum founder Vitalik Buterin&#8217;s <a href=\"https:\/\/cryptopotato.com\/vitalik-buterin-unveils-ethereum-roadmap-focused-on-l1s-blobs-and-ux\/\" data-wpel-link=\"internal\">new 2025<\/a> roadmap for the cryptocurrency may pull its community back together.<\/p>\n<p>The number two ranked cryptocurrency by total market cap has been in a price doldrums on Bitcoin&#8217;s current multi-month upswing. But that doesn&#8217;t mean it&#8217;s all over for Ethereum yet.<\/p>\n<p>The leading smart contract altcoin has seen price growth deflate while several L2s grew vastly in market cap since the Dencun Upgrade in Mar. 2024.<\/p>\n<p>These Layer 2 zip file style solutions to speeding up Ethereum <a href=\"https:\/\/cryptopotato.com\/5-factors-in-ethereums-turbulent-path-back-to-2021s-4860\/\" data-wpel-link=\"internal\">have been<\/a> making most of the percentage gains because that&#8217;s what the new incentive structure rewards.<\/p>\n<p>The same day as his Ethereum falling wedge update, van de Poppe reminded followers the extreme bearish sentiment on many altcoins at the moment is a window of opportunity to capture ROI when the market turns again.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The next leg upwards is on the horizon for the <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Crypto<\/a> markets.<\/p>\n<p>The bearish sentiment remains extreme on <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Altcoins<\/a> and that&#8217;s an ideal ingredient for the next leg up.<\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1917642104156872834?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">April 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/crypto-x-analyst-spots-big-breakout-for-ethereum\/\" rel=\"nofollow\">Crypto X Analyst Spots &#8216;Big Breakout&#8217; for Ethereum<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A busy week lies ahead on the United States economic calendar, and all eyes are on the Federal Reserve.\u00a0 Ethereum&#8217;s price was down 2.9% for the 1-month view to start the weekend. But it was down even more, by -38%, over the 1-year view. That could be a buying opportunity for cryptocurrency investors and altcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-21","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-income-news"],"_links":{"self":[{"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/posts\/21","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/comments?post=21"}],"version-history":[{"count":0,"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/posts\/21\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/media\/20"}],"wp:attachment":[{"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/media?parent=21"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/categories?post=21"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/incomenews.online\/index.php\/wp-json\/wp\/v2\/tags?post=21"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}