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Claim1,200 USDT in the Monthly Creation ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Post To Earn BonusEthereum has moved higher with the broader crypto market this week, but its rebound is 

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Ethereum has moved higher with the broader crypto market this week, but its rebound is now facing a technical test that may decide whether the move has real strength or only a reflection of Bitcoin’s momentum.

A recent technical outlook points to a shortfall on the ETH daily candlestick chart, as the price continues to stall below the upper end of its rising channel despite repeated attempts to extend the rally.

Ethereum’s Rally Is Showing A Shortfall
Technical analysis of the Ethereum daily candlestick timeframe chart shows that Ethereum has been trading inside a rising channel since February 2026. This is a structure that, in theory, should allow bulls to progressively push the price toward its upper boundary.

The structure has produced a sequence of higher lows, which is usually a good sign. However, the problem is that ETH has not matched that strength on the upper side of the pattern, at least in May.

According to a crypto analyst that goes by the name Ardi on the social media platform X, the channel’s upper boundary currently is around $2,520, but ETH’s recent advances have repeatedly stalled around $2,420. That leaves the price about 6% below the channel high, creating a shortfall.


Source: Chart from Ardi on X
The daily structure is also not fully bullish. While ETH has reclaimed its short- and medium-term moving averages, the 200-day EMA is still above the current price, meaning the recovery is still incomplete.

The concern becomes more serious because Bitcoin has already achieved what Ethereum has not. The Bitcoin price has reached the upper side of its own channel structure to create a higher high around $81,000, meaning Bitcoin has been leading the market rally more cleanly.

The Level Ethereum Must Reclaim
Based on this analysis, the bearish shortfall view does not become invalid simply because Ethereum is trading above recent l

Ethereum has moved higher with the broader crypto

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On May 9, Kelp released an update on the handling of the rsETH security incident, stating that in the next 24 hours, the Kelp team will collaborate with Aave to execute a series of contract operations

Kelp to Collaborate with Aave on rsETH Contract Operations in the Next 24 Hours, No Action Required 

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HTX Creation Challenge — Post and Win 1,500U 💥HTX Community April Creation ContestBTC Shakes at $80K—Up or Down? Trader Eugene Ng Ah Sio: Bitcoin Near Key Breakout Level as Altcoins Show Bottoming Sig

Trader Eugene Ng Ah Sio: Bitcoin Near Key Breakout Level as Altcoins Show Bottoming Signals

Crypto trader Eugene Ng Ah Sio said on May 9 that multiple charts across the cryptocurrency market are showing signs of bottoming out, with Bitcoin hovering around $80,000 and altcoins positioned for a potential breakout from their current trading ranges.

"Multiple charts look like they're close to bottoming out," Ng Ah Sio wrote on his personal channel. "Bitcoin is currently hovering around $80,000 - I think the market will start a real big move, hopefully upward, in the next week or so, and many altcoins are also expected to break out of their current trading range."

Trader Eugene Ng Ah Sio: Bitcoin Near Key Breakout

HTX Creation Challenge — Post and Win 1,500U 💥HTX Community April Creation ContestBTC Shakes at $80K—Up or Down? XRP Ledger Foundation Appoints New Executive Director, CTO in “Big Life Update” for XRP

XRP Ledger Foundation Appoints New Executive Director, CTO in “Big Life Update” for XRP Holders
The XRP Ledger Foundation has introduced a new leadership team that will help guide the future of the XRP Ledger ecosystem.


In a statement shared with the community, the Foundation said the new executives will focus on engineering, partnerships, validator relations, operations, and community growth. At the same time, they will be working with developers and stakeholders across the network.

Key Points

XRP Ledger Foundation unveiled a new leadership team to guide XRPL growth, engineering, and operations.

Brett Mollin is Executive Director, while Denis Angell became the Foundation’s new CTO.

Former Ripple executive Rene Huijsen joined operations as the Foundation expands ecosystem support.

XRP community figure Vet called his new Director of Community role a major “big life update.”



XRP Ledger Foundation Appoints New Executive Direc

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MEGA: Real-Time Execution Layer for EthereumHTX Community April Creation ContestHTX Creation Challenge — Post and Win 1,500U 💥 Sony, Nintendo face memory price surge amid AI demandThe AI industry’s in

Sony, Nintendo face memory price surge amid AI demandThe AI industry’s insatiable appetite for memory chips is now hitting gamers where it hurts: their wallets. Sony and Nintendo have both raised console prices as the global memory shortage, driven by massive AI data center buildouts, squeezes supply for everyone else.

The numbers are stark
Memory chip prices doubled during the first quarter of 2026. But it gets worse: projections point to an additional 63% price increase in Q2 2026.

Nintendo responded by bumping the Switch 2 price up by $50 to $499.99 in the US, with a corresponding 10,000 yen increase to roughly 60,000 yen in Japan. Sony went further, hiking the PlayStation 5 price by $100 to $649.99.

Sony apparently expects these elevated prices to persist through at least 2027.

Sony, Nintendo face memory price surge amid AI dem

Claim1,200 USDT in the Monthly Creation ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Post To Earn BonusMONACO, May 08, 2026 (GLOBE NEWSWIRE) -- Crypto news today is turning toward AlphaPepe 

MONACO, May 08, 2026 (GLOBE NEWSWIRE) -- Crypto news today is turning toward AlphaPepe as Stage 15 moves toward a sell-out while the presale remains active at $0.01666 per token. The project has now raised over $1.1 million, the holder count has passed 8,400, the AlphaSwap AI DEX demo has surpassed 2,000 active users, and the project has completed a full 10/10 BlockSAFU security

Crypto News Today: AlphaPepe Presale Near Sell-Out

On May 9, in response to U.S. President Trump's desire to extend the ceasefire between Russia and Ukraine from May 9 to 11, Russian presidential assistant Ushakov stated that this hope lacks a realist

Russian Presidential Assistant: No Real Basis for Extending Russia-Ukraine Ceasefire

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Bitcoin’s ‘Overbought’ RSI Hints at BTC Price Dropping to Test $78K Bitcoin ($BTC) traders expect a short-term correction as a key $BTC price strength metric rises to its highest levels in almost fift

Bitcoin’s ‘Overbought’ RSI Hints at BTC Price Dropping to Test $78K
Bitcoin ($BTC) traders expect a short-term correction as a key $BTC price strength metric rises to its highest levels in almost fifteen weeks.
Key takeaways:
Bitcoin’s “overbought” RSI historically precedes significant corrections.
Bitcoin could see a short-term price drop if the price breaks below the $78,000 support.
Bitcoin metrics suggest $BTC price is “overheated”
Bitcoin’s 36% rally to $82,800 on Wednesday from its macro low of $60,000 has significantly impacted its daily RSI.
On the daily chart, the RSI rose to 70 on Wednesday from local lows of 39 in March.
“$BTC's daily RSI went overbought right as we tagged the 200-day EMA,” trader Jelle said in a Friday post on X, adding:



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