Crypto Writer
Arslan Butt
Crypto Writer
Arslan Butt
Share
Ethereum is at $2,477.12, down 3.12% over the last 24 hours with $12.9B in trading volume. As Memorial Day approaches this Monday, thin liquidity in the crypto market is raising questions about potential price moves.
Could a post-holiday dip push ETH down toward $2,300, or will it find support to hold current levels?
ETF Flows Show Renewed Optimism; Ethereum Supported?
May 23 was a big day for crypto ETFs. Bitcoin ETFs saw $211M in inflows, Ethereum ETFs $58.63M. 22,000 ETH were bought, so institutional investors are still paying attention.
- Bitcoin ETFs: $211.74M in inflows, 1,900 BTC added.
- Ethereum ETFs: $58.63M invested, 22,000 ETH added.
🇺🇸 ETF Activity (May 23):
Approximately 1,900 BTC and 22,000 ETH were purchased.#Bitcoin ETFs recorded $211.74M in net inflows. #Ethereum ETFs saw $58.63M in net inflows.
— Pushpendra Singh Digital (@PushpendraTech) May 24, 2025
These flows show ETH is back in favor. The renewed interest is likely due to recent regulatory clarity, improving macro and network upgrades.
Ethereum Technical Analysis: Caution on Key Levels
On the 2-hour chart, ETH has broken the trendline and is stuck below the 50-period EMA at $2,555 which is now resistance.
Given the bearish breakout of an upward trendline at around $2,500 area, the Ethereum price prediction remains bearish.
Candlestick patterns at $2,523 are showing hesitation and the widening MACD histogram is bearish momentum.
Key levels to watch:
- Support: $2,378, $2,272, $2,172.
- Resistance: $2,555, $2,626.
- Indicators: Bearish MACD, EMA acting as resistance, trendline break is bearish.
For traders, patience is key. A confirmed break below $2,378 could mean more downside until $2,300. Above $2,555 and we could see a rally back to $2,800.
Will Memorial Day Liquidity Cause a Ethereum Price Squeeze?
With volume likely to be thin over the long weekend, ETH could see bigger moves. If ETF flows continue and sentiment stays positive, we could see a break above resistance.
But if the market is hesitant, we may see ETH test lower support early next week.
BTC Bull Token Nears $7.33M Cap as 65% APY Staking Draws Interest
With ETH/USD falling below $2,500, attention is shifting to altcoins like BTC Bull Token ($BTCBULL). So far, $6.33 million has been raised out of a $7.33 million cap. The presale is closing in on its limit, next presale price jump closes in fast.
Bitcoin Rewards and Supply Reductions
BTC Bull Token operates with a built-in system: the higher Bitcoin’s price, the more BTC airdrops are distributed to token holders. Notably, presale participants receive priority. The system also features:
- Token burns every $50K BTC increase, reducing supply.
- Current token price at $0.00253 before the next bump.
This approach aligns token value with Bitcoin’s price moves while maintaining scarcity through programmed burns.
Staking Terms for Passive Returns
BTCBULL’s staking pool holds 1.62 billion tokens offering 65% APY, with:
- No lockup periods or fees.
- Full access to funds at any time.
This structure appeals to holders looking for yield without complex requirements or risk of illiquidity.
Momentum Before the Cap Fills
With just over $1 million remaining in the presale, buyers are positioning early. The token’s mechanics of Bitcoin-tied rewards, supply adjustments, and staking options are driving participation.
Key figures:
- USDT raised: $6,329,314.26 / $7,332,195
- Token price: $0.00253
BTCBULL offers a whopping ~65% APY on its Ethereum-based staking pool (currently holding 1.61B BTCBULL), with no lockups or withdrawal fees. That means passive yield — with full liquidity.
