Ethereum Crosses $1,900, Sets Stage for $2,400 Breakout

By: bitcoin ethereum news|2025/05/09 03:15:02
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Ethereum breaks $1,900 with a 5% jump. On-chain data supports a smooth climb to $2,000 and above. With Bitcoin’s price crossing above the $99,000 mark, Ethereum is gaining momentum. After topping the $1,900 mark, ETH registered a 24-hour high at $1,916. This marks a critical breakout, signaling a potential Ethereum bull run ahead. Will this surge of bullish momentum drive Ethereum to the $2,400 mark? Ethereum Price Analysis Signals Massive Breakout Run Ethereum has surged nearly 5% today, forming a bullish engulfing candle and trading close to the $1,900 level. With a massive boost in buying pressure, Ethereum has surpassed the 50-day EMA at $1,853, marking the breakout of a long-standing support zone near $1,850. The supply zone had kept bullish growth in check over the past couple of weeks. However, with the new bullish engulfing candle, the falling channel breakout rally in Ethereum, witnessed in late April, has finally begun. Noting the upside potential, the MACD and signal lines remain in positive territory, showing a new wave of bullish histograms. This reflects an increase in trend momentum, signaling a smoother rally ahead. The 23.60% Fibonacci level sets an immediate price target for Ethereum near the $2,000 psychological mark. However, the declining EMA lines suggest the next price targets are at $2,108 and $2,426. If the broader market maintains its bullish momentum, the breakout at the 23.60% Fibonacci level will likely push Ethereum to the $2,400 level. On the flip side, if buyers fail to hold the position, Ethereum could retrace to test the $1,600 mark. On-Chain Signals Clear Path to $2,000 According to the global In/Out of the Money (GIOM) indicator by IntoTheBlock, Ethereum has shifted beyond the $1,858 zone. The newly formed in-the-money zone between $1,779 and $1,858 holds 7.65 million ETH owned by 7.35 million investors. As Ethereum enters a new zone extending from $1,858 to $2,039, the uptrend will likely experience a smoother journey to $2,000. In the at-the-money zone, 8.14 million investors hold 5.76 million ETH at an average cost of $1,927. While the path to $2,000 appears smooth, the next “out of the money” zone, up to $2,492, contains a massive supply of 69.61 million ETH owned by 12.72 million investors. As a result, a potential pullback could occur once Ethereum crosses above the $2,000 mark. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. Source: https://thecryptobasic.com/2025/05/08/ethereum-crosses-1900-sets-stage-for-2400-breakout/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-crosses-1900-sets-stage-for-2400-breakout

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LALIGA Match Report: Vinícius scores as 10-man Real Madrid secure a 3-2 comeback victory in Madrid derby

In the early hours of March 23, 2026, Round 29 of LALIGA delivered a headline clash at the Santiago Bernabéu. Real Madrid hosted their local rivals, Atlético de Madrid, in a high-stakes encounter. Under referee José Munuera, the match unfolded at a fierce pace, packed with physical duels and momentum swings. After a five-goal thriller, Real Madrid held firm for a 3–2 home win, taking all three points. They remain second on 69 points, now four behind leaders Barcelona.

From a numbers standpoint, Real Madrid stayed composed under pressure, completing 526 passes with a 52.4% share of possession. Atlético struck first in the 33rd minute through Lookman. After the break, Real Madrid flipped the game: Vinícius converted a penalty to level, then Valverde fired them ahead. Molina pulled Atlético back on level terms, but Vinícius stepped up again in the 72nd minute to seal the win. Late drama followed as Valverde saw red, forcing Real Madrid to defend deep with ten men through the final stretch. Atlético's aggressive approach—12 fouls and 4 yellow cards—kept the pressure on, but they couldn’t stop the comeback.

WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official 

Instagram: @WEEX Exchange

 Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

In the early hours of March 22 (Beijing Time), Barça edged Rayo Vallecano 1–0 at Camp Nou in a key Round 29 clash. The hard-earned win lifts Barça to 73 points, strengthening their hold on first place.

Barça controlled the game with 61% possession and a sharp 89% passing accuracy (460 passes). Rayo pushed back with intensity, earning 9 corners, but Barça's defense stayed solid. Yellow cards for Raphinha, Yamal, and Cubarsí highlighted the physical edge of the match. Second-half subs like Rashford and Olmo added fresh energy to help see out the result. Rayo remain 14th on 32 points.

WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

 Instagram: @WEEX Exchange 

Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

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