Day: October 12, 2025

Crypto Traders Show ‘Rationalization’ Behavior’ After Market Plunge

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Crypto retail traders were quick to blame Friday’s broader crypto market decline on US President Donald Trump announcing a 100% tariff on China, as they often look for something to point the finger at during downturns, according to Santiment. Analysts, however, say the reason for the market slump runs deeper than the tariffs alone. “This is typical ‘rationalization’ behavior from retailers, who need to point to a singular event as the reason for a cataclysmic downturn in crypto,” Santiment said in a report on Saturday. The spike in discussions around…

2 Key Indicators Hint Ethereum Could Smash $8K in Q4

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Ethereum nears $4,750 resistance as analysts cite Wyckoff breakout, wedge pattern, and whale accumulation for $8K–$10K targets. Ethereum (ETH) is trading near a critical level that analysts say could determine its next major move. Meanwhile, the asset was priced at around $4,350, with a 24-hour volume of over $41 billion. It has recorded a 2% decline in the past day and a 3% drop over the last week. Wyckoff Structure Signals Breakout Potential Technical analyst ZYN has identified a Wyckoff accumulation pattern on Ethereum’s weekly chart. According to the…