
Bitcoin Owner Claims Claude AI Cracked Lost Wallet Password, Netting $400K in BTC
User Claims Claude AI Helped Unlock $400K Bitcoin Wallet After 9 Years

Ethereum is currently trading around $2.3k, struggling to break the $2.4k resistance level. Recent changes in derivatives positioning indicate traders are optimistic about a potential recovery.
Ethereum is trading around $2.3k and is still anchored below the $2.4k resistance zone that has capped this entire consolidation over the past months. The ascending channel from February’s lows remains structurally intact, and the conditions for a breakout seem favorable.
The derivatives positioning has also changed dramatically recently, as traders are now placing their biggest long bets of the recovery on ETH, and whether that conviction is rewarded or punished in the coming days will likely define the price action in the coming months.
The ascending white channel from the February low continues to govern the macro structure on the daily timeframe. The lower boundary of the channel is rising above $2k, and the upper boundary extends to $2.5k at the moment.
The price is currently sitting just above the 100-day moving average, which is flattening near $2.2k, and could be counted on as short-term support if a pullback happens. Meanwhile, the 200-day moving average is still well above the price at $2.6k and is yet to be tested. The RSI is also hovering around 50, offering no directional edge.
Nothing about the daily picture has changed structurally in the past couple of weeks. A sustained close above $2.4k remains the sole requirement to shift the bias, opening the path toward the 200-day MA and potentially the key supply band at $2.8k. The ascending channel floor near $2.1k and the $1.8k demand zone remain the downside references if the recovery structure breaks. Until one of these levels is breached, the daily chart is still waiting for a catalyst.
Dropping down to the 4-hour chart, the price is consolidating inside a symmetrical triangle that formed following the mid-April highs and lows. The market has recently tested and bounced from the lower boundary near $2.25k, and is likely to test the $2.4k area again, with the RSI also recovering rapidly.
A clean 4-hour above the higher boundary of the triangle and the $2.4k zone would suggest a measured continuation toward the upper boundary of the large daily channel. On the other hand, a failure to sustain the short-term bounce and a breakdown of the triangle would make a drop back to the $2.2k support zone imminent, which is a key area that has been acting as a floor since mid-April.
Ethereum is currently trading around $2.3k.
Ethereum must reclaim the $2.4k resistance level to potentially restart its bull run.
Traders are placing their largest long bets on Ethereum, indicating strong optimism for a price recovery.
The 100-day moving average is near $2.2k, while the 200-day moving average is at $2.6k.

User Claims Claude AI Helped Unlock $400K Bitcoin Wallet After 9 Years

XRP investment products surged 1,220% in inflows last week, reaching $39.6 million.

Bitcoin's price rally stalls below $80K as profit-taking rises.
ZachXBT connects Dritan Kapllani Jr. to $19M crypto thefts.

Ripple CEO discusses potential IPO benefits for XRP holders.

Altcoins are showing signs of strength as the market prepares for a pivotal week influenced by the CLARITY Act vote. Despite ongoing global tensions and a challenging macro environment, analysts note a potential shift in altcoin behavior.
See every story in Crypto — including breaking news and analysis.
Ethereum’s funding rate has spiked to +0.0105, being the largest positive reading since February. This reading stands in sharp contrast to the more measured positioning that has characterized recent weeks. Unlike Bitcoin, whose entire recovery from $60k to $80k was driven by persistently negative funding, ETH’s derivatives market has been net long for most of the recovery period, meaning this is not a short-squeeze dynamic but genuine directional conviction from long-side traders.
That distinction cuts both ways. The aggressive long positioning reflects a genuine belief that a breakout above $2.4k is imminent, and if it materializes, those longs will amplify the move significantly. But if the price fails at this level again, a funding rate at +0.0105 means a large cohort of leveraged longs will need to be unwound, and the flush toward $2.2k and potentially $2k would happen quickly.
The funding spike has effectively raised the stakes on a level that has already been tested multiple times. So, ETH either breaks out here with conviction, or the derivatives market hands sellers the most powerful catalyst of the entire corrective cycle.
Screenshot