Analysts highlight ETH USD priming to retest $4,700 – and amidst the pressure of upside down, is the dark money spinning into Ethereum?

The wallet, tied to a $300 million Coinbase scam, bought $18.9 million worth of ether as ETH was torn apart from $4,700 yesterday.

According to LookonChain, the crypto address linked to the “Coinbase Hacker” campaign purchased 3,976 ETH on September 13 for $18.9 million.

Hackers who stole over $300 million #coinbase Users purchased an additional 3,976 $ eth($18.9m) 1 hour ago at $4,756 https://t.co/xgglej7nrd pic.twitter.com/wrxobukk7k

– lookonchain (@lookonchain) September 13, 2025

The purchase, made at an average price of $4,756, came as ether was pushed above $4,700.

Analysts tracking the wallet say that before converting to ETH, the funds were attracting attention with DAIs of 189.11 million. Arkham Intelligence data Before swapping, we present the wallet aggregation DAI in amounts ranging from $80,000 to $6 million.

The address has also been active recently, winning 4,863 ETH and 649 ETH in July, and Solana worth around $8 million in August.

Blockchain Investigator Zachxbt Estimated The broader scheme released at least $330 million from the casualties earlier this year.

2/With me @tanuki42_ We checked Coinbase drawers and collected data from DMS for high confidence theft across various chains.

Below is a table showing $65 million stolen from Coinbase users between December 2024 and January 2025.

Our numbers are probably much lower… pic.twitter.com/zceq5aggyu

– Zachxbt (@zachxbt) February 3, 2025

Called a wide range of social engineering campaigns, this operation targets Coinbase users and maintains the wallet under close surveillance from analysts on the chain.

The latest timing of ETH accumulation has strengthened speculation on ethers in the market rotation.

Traders noted that the wallet movement coincided with ETH/USD’s new momentum, adding weight to the narrative of deep pocket actors moving into assets.

Ethereum Price Analysis: How much higher is the ETH if the $4,700 neckline is rested?

Ethereum shows new strength, with technical signals pointing to breakouts that could send prices to $5,500.

Follow Transaction Data ViewETH trades nearly $4,660, holding above the short-term moving average of the four-hour chart.

(Source – ETH USDT, TradingView))

The 50-EMA is $4,462 and the 100-EMA is $4,421, both facing upwards. This setup suggests that buyers will continue to maintain control despite the minor pullback.

More volume has been seen in recent sessions, supporting movements from the $4,300 range of ETH over $4,650 in just a few days.

The wider structure shows a recovery trend after several weeks of lateral action. Short-term candles reveal signs of fresh purchases, stable demand, following short dips.

Momentum may continue if your ETH holds support above 50-EMA. Otherwise, there is a risk that the price will return to the $4,400-$4,300 zone.

Crypto analyst Titan pointed out the double bottom pattern of Adam & Eve on his daily charts.

(Source – x))

The formation combines a sharp “V” shape low with a round base to indicate a potential inversion. The neckline is below $4,700, close to current levels.

A confirmed breakout in which the neckline projects travel targets measured along historic resistance to $5,500. This adds weight to the view that Ethereum can be set up for a more substantial gathering if pressure is kept.

What are Derivatives saying to us about Ethereum’s next move?

If Ethereum breaks above the neckline, traders could be bullish at $5,500 as their next target. But if that fails, the price could be pulled back to test how solid the recent gatherings are.

The activity of the derivatives indicates an increase in positioning. Coinglass data ETH futures puts a favorable interest of nearly $64 billion, but the funding rate for the final session was stable, hovering about 0.01% in the major exchanges, but not overkill.

(Source – Coinglass))

Spot ETF flow has also been improved. On September 12, Farside investors reported net inflows into US ETH funds after a few days of outflowrefers to fresh institutional demand.

Discover: 9+ Best High Risk, High Reward Cryptographs for Buying in 2025

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The Dogecoin weekly chart is back at a cluster of technical levels that one market watcher says offers a favorable entry. The pseudonymous trader Cantonese Cat (@cantonmeow) posted a TradingView snapshot and wrote, “I bought a little bit more DOGE and Fartcoin last night, but you pretty much knew that. I think it’s great risk-reward here and that I’ll do what I can to buy anyway.”

In a follow-up note attached to the same chart, the analyst summarized the setup as a “DOGE Bull market support band back-test. Diagonal bear market trendline breakout and back-test.”

Best Dogecoin Buy Signal?

The chart, created August 3,, tracks DOGE/USD (Coinbase) on the weekly timeframe and shows price pulling into the Bull Market Support Band—an envelope indicator plotted as two lines—now marked around $0.19025–$0.20703. At the time of the screenshot, the weekly candle displayed O: $0.24076, H: $0.24860, L: $0.18855, C: $0.19945, reflecting a drop of roughly 17.15% on the week with hours left in the session. The drawdown follows a sharp two-week advance that pushed Dogecoin into the upper $0.20s before sellers faded the move.

Technically, the image highlights two elements beyond the support band. First is a descending trendline drawn across lower weekly highs, which price moved above on July 16 and is now testing from the topside. Second is the confluence between that trendline and the bull market support band, a zone that trend followers often watch to judge whether a breakout is holding or failing.

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The analyst’s post frames the current retreat as a “back-test” of both features rather than a breakdown, implying that demand near the band could keep bulls in control if the level continues to act as support.

While the post is explicitly bullish, the evidence presented is descriptive rather than predictive. However, the weekly candle has closed above the crucial area. So, the configuration is clear: after piercing a long-running diagonal barrier, DOGE is revisiting the $0.19–$0.21 area, where the support band is aligned with the former downtrend line.

Related Reading

Traders who subscribe to momentum-and-trend methodologies often evaluate such retests for confirmation—looking for stabilization, shrinking downside momentum, or a swift recovery back above the midline of the band.

Cantonese Cat’s message distills that view into a simple risk stance. By stating “I think it’s great risk-reward here,” the commentator is signaling that, in his opinion, the nearby technical levels define risk tightly relative to potential upside should the breakout sustain.

As always, that is one analyst’s interpretation of the chart at a specific moment in time; Dogecoin remains volatile, and this week will be pivotal for bulls attempting to confirm the momentum, but the risk-reward ratio seems quite good.

At press time, DOGE traded at $0.199.

Featured image created with DALL.E, chart from TradingView.com

Bank of America’s chief investment officer views stock market dips and several sectors as prime buying opportunities, despite record market highs.

In a new interview on CNBC’s Closing Bell, Chris Hyzy says the explosion of spending on AI represents a boom that will boost the markets for years to come.

“If you look out over the next six or seven years and we just kind of pause for a second in the next week or two weeks, the greatest capex boom that we are going to witness is yet to come.

We’ve got trillions yet to go. There’s billions that have been deployed in terms of what has been announced but in terms of actual input into the actual infrastructure, the digital infrastructure space, it’s just beginning.”

Hyzy says that amid the long-term bullish market conditions, certain sectors still offer investors potential bargain buys.

“Weakness in financials, industrials, utilities, information technology, those areas are buying opportunities even though we’re at all-time highs…

In our opinion, you could potentially be looking at another double in the S&P, which is not a lot of heavy lifting because that matches the return that we’ve seen in markets over the last six, seven, eight decades.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Prime Day has always been the day when I tell myself I’m not going to buy anything I don’t need or waste money on stupid things. Then I do both.

This year will be different; it has to be because I’m broke. Even if I wanted to buy a bunch of gadgety toys, I can’t, because a life-changing medical issue and a whole lot of expensive water damage to my house have left me with no money, maxed credit cards, and bills to pay. The tank is dry, and now I have to fill it up again.

It’s not all bad. I have a phone that will last me until at least next year, a Chromebook that will be updated for a while, and a drawer filled with gadget junk I’ve already bought that I can tinker with all over again. You never know, I might be able to do something new and cool because ideas are free, and old stuff can be useful sometimes.

We’ll be buying a bunch of boring household stuff if we can find it in bulk and on a good sale. Stuff like trash bags, laundry detergent, and assorted crap that everyone needs. I figure between Amazon and Walmart — which you know is going to have a bunch of stuff on sale to compete — we can actually save a few bucks in the long run by spending it up front. Every penny counts.

However, I also need to ensure that the things I can’t afford to replace will last until I can. I have learned that it’s always better to spend a few dollars in advance to try and prevent breaking or losing your stuff, which will cost a lot of money to replace. Things like phones. Especially phones.

Your phones and watches need protection

I’m shopping for a good screen protector and a case for my phone, my work phone (or I can let it break and ask for a new one), and my wife’s phone. Usually we buy a new phone because we either really wanted one or because the one we have stopped working. My wife is especially hard on the screen and has busted more than a few over the years. She says that doesn’t happen to me because I’m lower to the ground, but I chalk it up to my jungle-quick catlike reflexes and superhuman speed.

Either way, a good screen protector and a case I can stand (I really don’t like either and never use them) will mean my phone has a better chance of surviving until I can afford to replace it. Same for my wife’s. If I have to spend $100 to potentially save $1,000, I’m good with that.

The same goes for our watches. I use a Garmin and my wife has a Pixel Watch, and both of them still work great. I’m sure they will keep it up for at least another year unless they get broken or lost. I know they make screen protectors for watches, and I’ll be buying a couple as well as a new silicone band for each. I’m also going to see what the case situation is. Yes, you can buy a case for your smartwatch.

Tablets, computers, and cables

My wife uses a Galaxy Tab, and I have an iPad here as well as a Chromebook I use for work. All three need to keep running until I can afford to replace them.

I know they make cases and screen protectors for both tablets, and I have seen some for a laptop before. If there’s stuff to fit my Chromebook, I’m going to add it to my budget.

I know I’m quickly reaching the limit of what I can afford to spend, but I also want to buy two USB chargers and two new high-quality cables. They can sit in the package until I need them, and it will be cheaper than running out to Walmart after work and grabbing one because I need it right away.

All of this is going to cost me some money, and I know that. It will also help make sure I don’t have to spend more later, or even worse, need something and not have the funds to get it.

It’s okay to be cheap, and Prime Day is your time

My wife says I secretly love this because I’m a cheap bastard who never likes to spend money. She’s right and wrong — I am cheap, and that has taught me how to get more by spending less. I’m doing it because I have no choice, though.

Those fancy headphones I’ve been wanting will just have to wait.