hodler

12 May 2026, 03:08

Ethereum Price Rejected Near $2,400 Again, Sellers Defend Key Barrier

Ethereum price started a downside correction from $2,380. ETH is now showing a few bearish signs and might decline further if it trades below $2,300. Ethereum started a downside correction below the $2,360 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,350 zone. Ethereum Price Dips Again Ethereum price failed to stay above the $2,365 zone and extended its decline, like Bitcoin . ETH price gained pace for a move below the $2,350 and $2,340 levels. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD. The bears pushed the price below the 50% Fib retracement level of the upward move from the $2,265 swing low to the $2,382 high. Finally, the bulls appeared near $2,300. Ethereum price is now trading below $2,340 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,300, the price could attempt another increase . Immediate resistance is seen near the $2,340 level. The first key resistance is near the $2,365 level. The next major resistance is near the $2,380 level. A clear move above the $2,380 resistance might send the price toward the $2,400 resistance. An upside break above the $2,400 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,440 resistance zone or even $2,450 in the near term. More Downside In ETH? If Ethereum fails to clear the $2,350 resistance, it could start a fresh decline. Initial support on the downside is near the $2,300 level and the 76.4% Fib retracement level of the upward move from the $2,265 swing low to the $2,382 high. The first major support sits near the $2,265 zone. A clear move below the $2,265 support might push the price toward the $2,220 support. Any more losses might send the price toward the $2,200 region. The main support could be $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,300 Major Resistance Level – $2,380

12 May 2026, 03:05

Canadian Dollar Under Pressure as Safe-Haven Demand Persists

BitcoinWorld Canadian Dollar Under Pressure as Safe-Haven Demand Persists The Canadian dollar continues to face headwinds as persistent safe-haven demand for the US dollar weighs on the loonie. Despite recent fluctuations in commodity prices and domestic economic data, the broader market sentiment remains tilted toward risk aversion, keeping the USD/CAD pair elevated. Why Safe-Haven Demand Is Hurting the Loonie Global uncertainty—driven by ongoing geopolitical tensions, trade policy shifts, and mixed signals from major central banks—has reinforced the US dollar’s status as the preferred safe-haven currency. Investors seeking stability have continued to move capital into dollar-denominated assets, creating sustained downward pressure on currencies like the Canadian dollar. Canada’s economy, closely tied to commodity exports and US trade relations, is particularly sensitive to shifts in global risk appetite. When uncertainty rises, the loonie typically underperforms, as it is considered a risk-sensitive currency. The current environment, marked by cautious central bank guidance and unresolved trade disputes, has kept the safe-haven bid firmly in place. Key Factors Weighing on the Canadian Dollar Several interrelated factors are contributing to the loonie’s struggles: Interest rate differentials: The Federal Reserve has maintained a relatively hawkish stance compared to the Bank of Canada, widening the rate gap in favor of the US dollar. Commodity price volatility: While oil prices have shown some resilience, uncertainty around global demand and supply disruptions has limited the positive impact on Canada’s export revenues. Trade policy uncertainty: Ongoing negotiations and disputes between the US and Canada, particularly around lumber and dairy, add an extra layer of risk for the Canadian economy. Global growth concerns: Slowing growth in China and Europe has dampened demand for risk assets, further supporting the US dollar. What This Means for Businesses and Consumers A weaker Canadian dollar has direct implications for cross-border trade, import costs, and travel. Canadian businesses that rely on imported goods face higher input costs, which can squeeze margins and potentially lead to higher consumer prices. On the positive side, exporters—especially those selling to the US—benefit from more competitive pricing. For individuals, a lower loonie makes US travel and online purchases from American retailers more expensive. Outlook: When Could the Pressure Ease? Analysts suggest that a sustained reversal in the Canadian dollar’s fortunes would likely require a shift in global risk sentiment—such as a resolution to major trade disputes or a clearer easing path from the Federal Reserve. Until then, the safe-haven bid for the US dollar is expected to remain a dominant theme in currency markets. The Bank of Canada’s next policy decision will be closely watched for any signals that could alter the rate differential dynamic. Markets currently price in a cautious approach from the BoC, which offers little immediate support for the loonie. Conclusion The Canadian dollar remains under pressure as safe-haven demand for the US dollar persists amid global uncertainty. While the loonie’s fate is tied to multiple factors—commodity prices, interest rate spreads, and trade policy—the overriding theme is risk aversion. Until the global outlook becomes clearer, the USD/CAD pair is likely to remain elevated, with the loonie struggling to find a foothold. FAQs Q1: Why does safe-haven demand affect the Canadian dollar? Safe-haven demand refers to investors moving capital into currencies perceived as stable during uncertainty. The US dollar is the primary safe-haven currency, so when risk aversion rises, the USD strengthens against risk-sensitive currencies like the Canadian dollar. Q2: What is the current USD/CAD exchange rate trend? As of this reporting, the USD/CAD pair has been trading near the higher end of its recent range, reflecting persistent US dollar strength. Exact rates fluctuate throughout the trading day based on economic data releases and market sentiment. Q3: How does a weaker Canadian dollar affect the economy? A weaker loonie makes Canadian exports cheaper and more competitive abroad, benefiting exporters. However, it also raises the cost of imports, which can fuel inflation and increase costs for businesses and consumers who rely on foreign goods. This post Canadian Dollar Under Pressure as Safe-Haven Demand Persists first appeared on BitcoinWorld .

12 May 2026, 03:00

Arthur Hayes: Bitcoin Bull Market Began in February, $126K Next

BitcoinWorld Arthur Hayes: Bitcoin Bull Market Began in February, $126K Next BitMEX co-founder Arthur Hayes has declared that the Bitcoin bull market is already underway, arguing in a recent blog post that the rally began in late February. Hayes links the move to a surge in fiat-based credit expansion driven by massive investments in artificial intelligence infrastructure, rising military expenditures, and spending on physical supply chain security. Macroeconomic Drivers Behind Hayes’ Bullish Outlook Hayes points to unprecedented capital expenditure in AI as a primary catalyst. He notes that the U.S. Federal Reserve and other central banks continue to inject liquidity into the financial system, a trend he expects to accelerate. “The expansion of fiat credit is inevitable given the scale of government and corporate spending on AI, defense, and infrastructure,” Hayes wrote. He also highlights a declining trust in U.S. dollar-denominated assets, which he believes is prompting a shift of capital into physical infrastructure and commodity stockpiles. This reallocation, in his view, will further fuel fiat expansion and ultimately benefit Bitcoin as a non-sovereign store of value. Price Targets and Portfolio Strategy Hayes argues it is a foregone conclusion that Bitcoin will surpass $126,000, with a break above $90,000 likely to accelerate the rally. He disclosed that his asset management firm, Maelstrom, has increased its portfolio risk exposure to the maximum level. Beyond Bitcoin, Hayes expressed particular optimism about NEAR Protocol (NEAR), following earlier positive views on Hyperliquid (HYPE) and Zcash (ZEC). Why This Matters for Crypto Investors Hayes’ analysis offers a macro-focused perspective that goes beyond typical technical analysis. By linking Bitcoin’s price trajectory to global fiscal and monetary trends, he provides a framework for understanding potential long-term drivers. However, investors should note that such forecasts are inherently speculative and subject to rapid change based on regulatory developments, geopolitical events, or shifts in market sentiment. Conclusion Arthur Hayes’ latest commentary reinforces a bullish narrative centered on macroeconomic credit expansion and declining trust in fiat systems. While his price targets are ambitious, the underlying argument about AI-driven capex and government spending is grounded in observable trends. Readers should weigh these factors alongside broader market risks before making investment decisions. FAQs Q1: Why does Arthur Hayes believe the Bitcoin bull market started in February? Hayes argues that late February marked the beginning of a fiat credit expansion driven by AI infrastructure spending, rising war costs, and supply chain investments, which he says benefits Bitcoin as a non-sovereign asset. Q2: What is Arthur Hayes’ price target for Bitcoin? He believes Bitcoin will surpass $126,000 and that a break above $90,000 would further accelerate the rally. Q3: Which altcoins is Arthur Hayes most optimistic about? Hayes has expressed positive views on Hyperliquid (HYPE), Zcash (ZEC), and NEAR Protocol (NEAR), with NEAR being his current top pick. This post Arthur Hayes: Bitcoin Bull Market Began in February, $126K Next first appeared on BitcoinWorld .

12 May 2026, 02:42

Bitcoin funding rates turn positive: Is a BTC rally to $85K next?

Bitcoin’s funding rate turned positive as the cryptocurrency held the $80,000 level. Will an uptick in spot ETF inflows trigger a rally to $85,000?

12 May 2026, 02:35

Bitcoin Price Eyes $82K Break, Bulls Prepare For Bigger Rally

Bitcoin price started a downside correction from the $82,000 zone. BTC is consolidating and might aim for a fresh increase if it clears $82,000. Bitcoin failed to stay above $81,500 and extended losses. The price is trading above $80,500 and the 100 hourly simple moving average. There is a key contracting triangle forming with support at $80,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $81,800 and $82,000 levels. Bitcoin Price Dips Again Bitcoin price failed to clear the $82,000 resistance zone . BTC started a downside correction below the $81,500 and $81,200 levels to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward move from the $80,421 swing low to the $82,100 high. However, the bulls were active above $80,500. There is also a key contracting triangle forming with support at $80,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $80,500 and the 100 hourly simple moving average . If the price remains stable above $80,500, it could attempt a fresh increase. Immediate resistance is near the $81,500 level. The first key resistance is near the $81,800 level. A close above the $81,800 resistance might send the price further higher. In the stated case, the price could rise and test the $82,250 resistance. Any more gains might send the price toward the $82,500 level. The next barrier for the bulls could be $83,500. Downside Extension In BTC? If Bitcoin fails to rise above the $81,800 resistance zone, it could start another decline. Immediate support is near the $80,800 level or the 76.4% Fib retracement level of the upward move from the $80,421 swing low to the $82,100 high. The first major support is near the $80,400 level. The next support is now near the $79,400 zone. Any more losses might send the price toward the $79,000 support in the near term. The main support now sits at $78,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $80,800, followed by $80,400. Major Resistance Levels – $81,800 and $82,000.

12 May 2026, 02:30

Altcoin CEX Volume Ratio Hasn’t Looked Like This Since The 2021 Bull Run: Capital Rotation Or Bear Market Rally?

The altcoin market is gaining strength as a growing number of assets beyond the major names have begun pushing higher, drawing attention back to the broader ecosystem after months of Bitcoin-dominated price action. GugaOnchain has identified a specific signal in the volume data that suggests the shift may be more structural than it first appears. Related Reading: Ethereum Is Going Up While Shorts Are Piling In: Find Out What Usually Follows A closer examination of the CEX Volume Ratio — which tracks trading volume across all altcoins excluding the top five assets: Bitcoin, Ethereum, Solana, XRP, and Binance Coin — reveals what the analyst describes as an Altcoin Volume Increasing Trend. The signal is generated when the 30-day moving average of altcoin trading volume crosses above its 365-day moving average — a condition that filters out short-term noise and identifies sustained, trend-level increases in altcoin participation rather than isolated spikes driven by a single asset or event. That crossover is happening now. The yellow bars on GugaOnchain’s chart mark the periods when this condition has been active historically, and the current reading places the market in one of those periods. The significance of the signal is not simply that altcoin volume is rising. Volume rises and falls routinely. What matters is that the shorter-term trend has now exceeded the longer-term baseline — which suggests the increase in altcoin activity is broad-based, sustained, and significant enough to change the structural picture of where market participation is flowing. The Last Time This Signal Appeared at Scale, Altcoins Exploded. It Is Appearing Again The GugaOnchain analysis places the current volume signal in a historical context that gives it its full weight. When the yellow bars — indicating sustained short-term volume growth above the long-term baseline — appeared in clusters during the 2021 bull cycle, they coincided precisely with the most explosive altcoin seasons of that period and with Ethereum’s peak price levels. The signal did not merely precede the moves. It marked them in real time as capital rotated out of major caps and flooded into mid and low-cap altcoins that had been waiting for exactly that liquidity. The current reading suggests that rotation is beginning again. Retail and institutional interest is expanding beyond the top five assets — the CEX volume ratio data confirms that participation is broadening in a way that the 30-day versus 365-day crossover specifically identifies as sustained rather than temporary. The condition the analysis attaches to the forward outlook is the one that separates a genuine altseason from a false start. If the volume momentum holds and Ethereum’s price remains stable or continues rising, the combination provides strong confirmation that a broader altcoin rally is underway rather than a brief rotation that reverses quickly. The metric to watch is the purple line — the Volume Ratio itself. When that line breaks out above its established range, GugaOnchain identifies it as a leading signal for high-volatility, high-opportunity phases in the altcoin market. The yellow bars say the conditions are building. The purple line breakout would confirm that the opportunity has arrived. Related Reading: 14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K Altcoin Market Structure Begins Recovering From Capitulation The total crypto market cap, excluding the top 10 assets, continues to stabilize near the $200 billion level after months of persistent weakness across the broader altcoin market. The chart shows that altcoins remain well below the euphoric peaks reached during the 2024 expansion phase, but recent price action suggests the aggressive capitulation that defined late 2025 and early 2026 is beginning to lose momentum. One of the most important structural developments is the defense of the $160–$180 billion region. That zone acted as support multiple times throughout the recent correction and continues absorbing downside pressure despite repeated attempts to break lower. Buyers are gradually stepping back into the market, preventing a continuation of the broader downtrend. Related Reading: Bitcoin Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics At the same time, the recovery remains incomplete. The total market cap still trades below the declining 50-week and 100-week moving averages, confirming that the broader altcoin structure has not yet transitioned back into a sustained bullish phase. Every recovery attempt into the $220–$260 billion region has faced renewed selling pressure, showing that supply remains active across the sector. Volume trends, however, are beginning to improve. Participation has stabilized after the sharp contraction seen earlier in the year, suggesting speculative interest is slowly returning to the broader market. A confirmed reclaim of the major weekly moving averages would strengthen the case for a broader altcoin rotation later in the cycle. Featured image from ChatGPT, chart from TradingView.com