• Latest
  • Trending
Crypto Market Enters Step 2 Of Benjamin Cowen’s Guide For 2025, What’s Next On The List?

Crypto Market Enters Step 2 Of Benjamin Cowen’s Guide For 2025, What’s Next On The List?

February 3, 2025
US Senator calls for Trump impeachment, cites memecoin dinner

US Senator calls for Trump impeachment, cites memecoin dinner

April 26, 2025
Q125 Beats Expectations but Guidance

Q125 Beats Expectations but Guidance

April 26, 2025
DeFi Development Files for $1 Billion Offering to Buy More SOL

DeFi Development Files for $1 Billion Offering to Buy More SOL

April 26, 2025
Shibillionaire ($SHB) Presale Goes Live on PinkSale

Shibillionaire ($SHB) Presale Goes Live on PinkSale

April 26, 2025
Countries must add DePIN tokens to their digital asset stockpiles

Countries must add DePIN tokens to their digital asset stockpiles

April 26, 2025
CoinDesk Weekly Recap: Finally, the Bitcoin Rally

CoinDesk Weekly Recap: Finally, the Bitcoin Rally

April 26, 2025
Is Bitcoin set for a short squeeze? Analyst points to Binance data

Best crypto to buy before April ends: Bitcoin, Solana, Bitcoin Pepe

April 26, 2025
XRP Faces Make-Or-Break Moment Amid Bearish Threat

Bitcoin Sees Highest Exchange Outflows In 2 Years, What This Means For Price

April 26, 2025
Trump’s WLFI crypto investments aren’t paying off

Trump’s WLFI crypto investments aren’t paying off

April 26, 2025
  • Privacy Policy
Saturday, April 26, 2025
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

Crypto Market Enters Step 2 Of Benjamin Cowen’s Guide For 2025, What’s Next On The List?

J_News by J_News
February 3, 2025
in Crypto, Top News
0
Crypto Market Enters Step 2 Of Benjamin Cowen’s Guide For 2025, What’s Next On The List?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Este artículo también está disponible en español.

According to a recent analysis by Benjamin Cowen, CEO and Founder of ITC Crypto, the crypto market has entered “Step 2” of his guide for 2025. The analyst pinpointed Ethereum (ETH) in his price chart, emphasizing that the second-largest cryptocurrency is set to decline further, in line with his earlier predictions. 

Step 2: Crypto Market Sells Off As ETH Goes Home

Ethereum is currently experiencing widespread market sell-offs as investors react to its bearish price action and tightening liquidity conditions. Failing to meet investors’ expectations, the price of Ethereum has struggled to maintain strong momentum in this bull market. 

Related Reading

Cowen’s chart analysis suggests that the current downtrend aligns with the broader market cycle, where Bitcoin’s dominance rises above 60%, leading to capital flows from altcoins like Ethereum. The analyst announced that the crypto market is currently in the second phase of his guide for 2025’s market trajectory. 

In a previous X post on January 29, Cowen outlined a structured six-step roadmap for his 2025 market cycle theory. The first step highlights an increase in Bitcoin’s dominance to over 60%. This occurs when investors leave altcoins and move into Bitcoin, seeking stability amidst the volatility and uncertainty of the crypto market. During this time, Ethereum and most altcoins underperform due to the lack of interest and demand from investors. 

Crypto market in step 2 of Cowen’s guide | Source: Benjamin Cowen on X

Now, in Step 2 of Cowen’s 2025 guide, the crypto market has entered a correction phase, with Ethereum declining sharply. Cowen claims that ETH will eventually “go home,” meaning the cryptocurrency will undergo a severe decline to long-term key support levels. In this second phase, the broader market also experiences a sell-off as investors take profit amidst volatility and ongoing declines in cryptocurrencies. 

Despite rising to $3,000 earlier in this bull market, Ethereum has failed to maintain positive momentum, recording steep declines as its price struggles to find stable support. According to data from CoinMarketCap, ETH is currently trading at $2,594, reflecting a massive 16.4% price crash in the last 24 hours. 

Over the past weeks, Ethereum has performed poorly, experiencing a sharp decline to new lows while other cryptocurrencies have gained momentum. The altcoin’s price has plunged to new lows, dropping by more than 27.6% in just a month. This downturn has also significantly impacted its market capitalization, which has fallen to $312.6 billion. 

Cowen’s 2025 Market Guide: What’s Next?

In Step 3 of his market cycle theory for 2025, Cowen predicts that the Federal Reserve (FED) will shift its policy and end quantitative tightening, which has been draining liquidity from the financial markets. This decision is critical, as easing monetary conditions would pave the way for the analyst’s fourth step — a bullish phase fueled by market rallies. 

Related Reading

In the fifth step, Cowen predicts that macroeconomic conditions will deteriorate later in the year. This could include factors like inflation, interest rate, geopolitical stability, and others. The final step in his 2025 market cycle guide forecasts a full-blown recession. Cowen projects that this recession would lead to a bear market, aligning with historical midterm election year cycles, where markets tend to face deeper corrections.

Crypto
Overall crypto market cap at $3.05 trillion | Source: TOTAL on Tradingview.com

Featured image from Unsplash, chart from Tradingview.com



Source link

Related articles

US Senator calls for Trump impeachment, cites memecoin dinner

US Senator calls for Trump impeachment, cites memecoin dinner

April 26, 2025
Q125 Beats Expectations but Guidance

Q125 Beats Expectations but Guidance

April 26, 2025
ShareTweetShareShare

Related Posts

US Senator calls for Trump impeachment, cites memecoin dinner

US Senator calls for Trump impeachment, cites memecoin dinner

by J_News
April 26, 2025
0

United States Senator Jon Ossoff expressed support for impeaching President Donald Trump during an April 25 town hall, citing the...

Q125 Beats Expectations but Guidance

Q125 Beats Expectations but Guidance

by J_News
April 26, 2025
0

TLDR Q1 adjusted EPS of $2.22 beat the $2.15 estimate; revenue of $15.53B exceeded $15.39B forecast Keytruda sales rose 6%...

DeFi Development Files for $1 Billion Offering to Buy More SOL

DeFi Development Files for $1 Billion Offering to Buy More SOL

by J_News
April 26, 2025
0

DeFi Development Corp. (JNVR), formerly known as Janover, is doubling down on its plan to buy more Solana for its...

Shibillionaire ($SHB) Presale Goes Live on PinkSale

Shibillionaire ($SHB) Presale Goes Live on PinkSale

by J_News
April 26, 2025
0

Shibillionaire ($SHB), a KYC and Audit-Verified Meme Coin on Solana, Launches Its Presale on PinkSale April 2025 — The future...

Countries must add DePIN tokens to their digital asset stockpiles

Countries must add DePIN tokens to their digital asset stockpiles

by J_News
April 26, 2025
0

Opinion by: Raullen Chai, co-founder and CEO of IoTeXThe United States and other superpowers are on the brink of a...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Top 10 NFTs to Watch in 2025 for High-Return Investments

Top 10 NFT Games with the Biggest Earning Potential in 2025

8 Top Crypto Fundraising Ideas Best for Startups

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog