Ethereum

XRP is trading around $1.45 and building a short-term recovery structure that could open the way toward the $1.70 resistance area if current momentum persists. Ethereum has reclaimed key short-term moving averages and is fluctuating near $2,270–$2,280, while $2,516 remains an important resistance threshold. Shiba Inu is hovering close to $0.0000062 after rebounding from the $0.0000055 support, but its broader trend remains bearish despite improving technical indicators.

On Monday, Bitdeer announced its SEALMINER DL1 Air, a new mining rig tailored to the Scrypt algorithm powering proof-of-work networks such as Litecoin and Dogecoin. Following the launch, Bitdeer's BTDR stock rose about 8%, ranking as the fourth-largest gainer among tracked crypto-related equities. The new hardware extends Bitdeer's SEALMINER line and supports additional Scrypt-based chains beyond LTC and DOGE.

Ethereum's futures open interest has surged by more than 18% while ETH has risen for seven straight days since March 9 and is attempting an eighth green close. With ETH trading around $2,299 and open interest near $33.37 billion, leveraged bullish positioning and relatively expensive put options on Deribit highlight a divided market. Analysts note that holding above $2,036 could open the way toward $2,600–$2,800, while a failure may keep ETH range-bound between $1,750 and $2,200.

Ethereum advanced roughly 8% over the last 24 hours to approach $2,300 on Monday, while on-chain data showed renewed large-scale buying. Erik Voorhees spent 49.08 million USDT to acquire 23,393 ETH, alongside additional whale and ETF inflows, even as Vitalik Buterin's earlier sales this year totaled about 18,684 ETH.

Ethereum price has moved back above the $2,150 area and is trading over the 50-day Simple Moving Average as traders watch for a confirmed daily close over $2,200. If this level holds, upside targets between $2,500 and $2,700 come into focus, while on-chain data and large ETH purchases suggest accumulation despite extreme fear in sentiment indicators.

Early Bitcoin advocate and ShapeShift founder Erik Voorhees has resumed aggressive Ethereum accumulation after a one-year break, reportedly spending $49 million in USDT via CoW Protocol for nearly 24,000 ETH at an average of $2,098. Other large investors and trading firms have also shifted significant capital into Ethereum, helping push the price up 7.6% in 24 hours to about $2,270.

On March 16, 2026, the global crypto market value moved back above $2.5 trillion to around $2.51 trillion, up about 3.19% in recent sessions. Bitcoin changed hands near $73,780 with roughly 9% weekly gains, while Ethereum advanced almost 13% over seven days and several major altcoins including Solana, XRP and BNB also rose. Market indicators such as the Fear & Greed Index at 41 and the Altcoin Season Index at 45 show sentiment is improving but still short of a full altcoin-led phase.

On March 16, 2026, Bitcoin briefly surged about $1,800 in 30 minutes to a 40-day high near $74,300, wiping out roughly $113 million in short positions and lifting total crypto market value to $2.52 trillion. Over March 9–13, Bitcoin spot ETFs recorded $767 million in net inflows, while Ethereum spot ETFs added $161 million, as traders also watched Fed policy, rising oil prices and key U.S. economic data for their potential impact on digital assets.

Ethereum has continued its advance after breaking above the $2,150 area, with the price moving past $2,200 and trading above the 100-hourly Simple Moving Average. Key resistance levels are now seen around $2,245–$2,250, while immediate supports are placed near $2,200, $2,180 and $2,150. A sustained move above $2,280–$2,320 could open the way to $2,365–$2,380, whereas failure to clear $2,250 may trigger a downside correction toward $2,100 or even $2,050.

Prediction market data shows traders are assigning a majority probability that Ethereum could lose its position as the second‑largest crypto asset in 2026, with Polymarket odds fluctuating between 51% and 61%. While Ethereum pursues major technical upgrades and saw around $2,105.55 in price with ETF inflows of about $26.7 million on 13 March, Solana is drawing attention through high stablecoin usage, heavy USDC minting, and significantly higher transaction volumes.