empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Key documents
Social Responsibility
25.02.2025 10:17 AM
Upcoming Ethereum Network Upgrade Already in Testing
Open trading account Open demo account

The cryptocurrency market has experienced a significant decline, closely following the U.S. stock market, which has lost considerable ground in recent trading days. Bitcoin dropped to a new low of $90,800 overnight, while Ethereum tested the $2,450 level. These are crucial support levels that could have a major impact on the future bullish prospects of the crypto market. A break below these levels could have serious consequences for short-term holders.However, there is no need to panic. Corrections like this are a normal occurrence in the cryptocurrency market, especially after periods of strong growth. Many experts consider the current downturn a healthy consolidation phase, necessary for building momentum before another move upward. It is essential to remember that the long-term outlook for cryptocurrencies remains positive, despite short-term fluctuations.

This image is no longer relevant

The key factor in market recovery will be investor behavior. Will they resist panic selling and wait for stabilization, or will the sell-off accelerate, driving prices even lower? The answer to this question will shape price dynamics in the coming days. Additionally, macroeconomic factors and the Trump administration's stance on trade wars—which risk asset buyers have largely ignored—should not be overlooked.

Ethereum's Pectra Upgrade Moves Forward

One of the most significant upcoming developments for Ethereum is Pectra, a major network upgrade. The update was activated on the Holesky testnet yesterday, marking an important step in stress-testing before it reaches the Ethereum mainnet.

Holesky is one of Ethereum's test networks, designed to simulate real-world conditions and allow developers to identify and fix potential issues in a controlled environment. However, the Pectra launch on Holesky did not go smoothly. Although the update was deployed as planned, block explorers indicate that the network slot has yet to finalize since activation. Ethereum developers are currently investigating the root cause of the issue.

The next step for Pectra will be its activation on the Sepolia testnet, scheduled for March 5. However, if issues with Holesky persist, developers may delay the Sepolia launch to allow more time for fixes and additional testing.

This image is no longer relevant

Bitcoin Technical Outlook

Buyers are currently targeting a retest of the $92,700 level, which would pave the way for a move to $93,900, followed closely by $95,200. The ultimate target stands at $96,300, and a breakout above this level would confirm a return to a mid-term bullish trend.

In the event of further downside pressure, buyers are expected to step in at $91,500. A drop below this area could trigger a quick sell-off toward $90,300, with $88,700 as the next key level. The most distant bearish target remains at $86,900.

This image is no longer relevant

Ethereum Technical Outlook

A clear breakout above the $2,544 level would open the door for a move toward $2,587, with the yearly high at $2,637 serving as the final upside target. A sustained move above this level would signal a return to the mid-term bullish market.

If Ethereum undergoes a correction, buyers are expected at $2,490. A drop below this support could lead to a quick decline toward $2,439, with $2,387 as the final bearish target.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders on March 14th (U.S. Session) The 148.72 price test occurred when the MACD indicator had already moved significantly above the zero level, limiting the pair's upward potential. For this reason
Jakub Novak
17:50 2025-03-14 +02:00
1930
Forecast
GBP/USD: Simple Trading Tips for Beginner Traders on March 14th (U.S. Session) The 1.2934 price test coincided with the MACD indicator beginning its downward movement from the zero level, confirming the validity of the entry point. As a result, the pair declined
Jakub Novak
17:02 2025-03-14 +02:00
1750
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Another Consolidation Before a Drop

Bitcoin and Ethereum continue their attempts to rise, but each time they face obstacles, suggesting that this is more of a consolidation phase within an ongoing bearish correction rather than
Jakub Novak 12:25 2025-03-14 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 14

Bitcoin and Ethereum are currently consolidating within channels, creating conditions that may lead to further declines. While many experts agree that the lows have already been reached and an unstoppable
Miroslaw Bawulski 08:20 2025-03-14 UTC+2

Technical Analysis of Intraday Price Movement of Uniswap Cryptocurrency, Friday March 14, 2025.

From what is seen on the 4-hour chart of the Uniswap cryptocurrency, although currently still under pressure, is indicated by its price movement moving below the EMA (21) which
Arief Makmur 07:03 2025-03-14 UTC+2

Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday March 14, 2025.

With the appearance of Convergence between the price movement of the Doge cryptocurrency and the Stochastic Oscillator indicator, it gives an indication that in the near future Doge
Arief Makmur 07:03 2025-03-14 UTC+2

Bitcoin and Ethereum Buyers Struggle to Gain Control

Bitcoin continues its recovery after the major sell-off at the beginning of the week. However, yesterday's failure to break the weekly high casts doubt on the short-term bullish outlook
Jakub Novak 10:22 2025-03-13 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 13

Bitcoin and Ethereum are locked within new channels. On the positive side, the intense selling pressure observed at the beginning of the week has subsided. However, there are concerns about
Miroslaw Bawulski 08:05 2025-03-13 UTC+2

Bitcoin Prepares for a Comeback

As Bitcoin and Ether bounce back strongly from their yearly lows, this indicates that the bull market is not finished yet. In this context, Senator Cynthia Lummis has reintroduced
Jakub Novak 23:59 2025-03-12 UTC+2

Bitcoin Depends on Sentiment in the U.S. Stock Market

The cryptocurrency market has seen a slight recovery after another sell-off earlier this week. However, the situation remains tense, and selling pressure could return at any moment
Jakub Novak 10:24 2025-03-12 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 12

Bitcoin and Ethereum have experienced a slight recovery after another sell-off, reaching new yearly lows. The panic seen in both the U.S. stock market and the cryptocurrency market has paused
Miroslaw Bawulski 08:03 2025-03-12 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 11

Bitcoin and Ethereum have both reached new annual lows, mirroring a decline in the U.S. stock market, which has now fallen for the fourth consecutive week. Yesterday, the crypto market
Miroslaw Bawulski 09:03 2025-03-11 UTC+2

Top analytics

Relevance up to 11:00 UTC--4
Euro Faces a Potential Coup d'Etat
00:45 2025-03-14
Fundamental analysis
Relevance up to 02:00 UTC--4
EUR/USD and GBP/USD March 14 – Technical Analysis
08:22 2025-03-14
Technical analysis
Relevance up to 22:00 UTC--4
S&P 500 Forecast for March 14, 2025
04:53 2025-03-14
Stock Markets
Relevance up to 02:00 2025-03-17 UTC--4
US stock market: NASDAQ and SP500 going through correction, 10% down from their historic highs
11:53 2025-03-14
Stock Markets
Relevance up to 04:00 2025-03-17 UTC--4
A New Problem Rises for America – The Debt Ceiling (Expecting #SPX and #NDX to Resume Their Decline After a Likely Short-Term Recovery)
15:06 2025-03-14
Fundamental analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.