Ethereum (ETH)

$ETH is quietly setting up again, bounced to $2,393, now hovering around $2,370 and pushing against that $2,400 resistance

technicals lining up:
– MACD about to flip bullish
– Supertrend has stayed green since mid-March
– sitting right around the 61.8% Fib (~$2,381)

if that level breaks clean, next area to watch is around $2,772

on-chain side looks strong too:
– $101M ETF inflows last Friday
– exchange reserves down to 14.5M ETH (lowest since 2016)

less supply, more demand, let’s see if it follows through

#BingX

Interesting shift on the regulatory side

Polymarket is now pricing a 62% chance that the CLARITY Act gets passed in 2026.

What stands out:
– Interest-like rewards for stablecoins could be banned
– But incentives tied to actual usage and network activity are still allowed

Next big moment:
Mid-May Senate Banking Committee markup, that’s where things could really move or stall

Feels like regulation is starting to draw a clearer line between speculation and utility

#BingX

1/ On Keys and Gates

Glad to see the the first network museum card is on track to be selected as a Meme Card

Photographers, start your engines. Once it is selected, we are opening a 60 day submission period for photographs that are: a) on theme, b) not previously minted, c) will be minted as 1/1s if selected and purchased by the 6529 Network Museum and made CC0

More below