Ethereum abandons Poseidon hash

Aug 13, Ethereum Foundation shifts from Poseidon to SHA2/BLAKE2 for L1 hashing due to SNARK advancements. Traditional hashes now match Poseidon's performance in ZK circuits.

avatar

$PRL

Short liquidation: $5.10K @ $0.39602

A relatively large liquidation print around $0.396 puts $PRL firmly on the radar.

Support: $0.390–$0.396

Resistance: $0.405–$0.415

Next Target: $0.430

If price holds above $0.396, short covering could extend toward $0.415 and potentially $0.430. Losing $0.390 would invalidate the immediate squeeze thesis.

VIP WATCH: $0.415 breakout.

$PRL


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge #World Liberty Trust gets conditional charter

avatar
badge

$AKE is showing short-liquidation pressure around $0.01156, suggesting sellers may be getting squeezed.

Market Structure: Potential bullish reversal setup.

Support: $0.01120–$0.01140

Resistance: $0.01180–$0.01210

Breakout Level: $0.01210

Entry Zone: $0.01145–$0.01165

Stop Loss: $0.01105

TP1: $0.01210

TP2: $0.01260

TP3: $0.01320

Next Target: $0.01320 if resistance breaks with volume.

Bias: LONG above $0.01140.

Risk Management: Keep position size controlled and avoid chasing a breakout without confirmation.

$AKE


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge #World Liberty Trust gets conditional charter

avatar

⚡ $BEAT

Short liquidation: $1.76K @ $0.65853

Long liquidation: $1.41K @ $0.647

This is one of the more interesting prints because both longs and shorts were liquidated close together.

Support: $0.647

Resistance: $0.659–$0.665

Next Target: $0.680

Holding above $0.647 while reclaiming $0.659 would favor a bullish recovery. A break below $0.647 could flip the setup bearish.

VIP WATCH: $0.659 is the immediate trigger.

$BEAT


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge

avatar
badge

$JTO saw short liquidation around $0.56621, creating a potential squeeze zone for traders watching the next move.

Market Structure: Recovery setup above nearby support.

Support: $0.55–$0.56

Resistance: $0.58–$0.60

Breakout Level: $0.60

Entry Zone: $0.562–$0.572

Stop Loss: $0.545

TP1: $0.60

TP2: $0.63

TP3: $0.67

Next Target: $0.67 if $0.60 converts into strong support.

Bias: LONG above $0.56.

Risk Management: Use confirmation candles and avoid oversized leverage during volatile moves.

$JTO


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge #World Liberty Trust gets conditional charter

avatar

$DUSK

Long liquidation: $2.83K @ $0.06304

The $0.0630 area is now a critical short-term pivot after buyers were liquidated.

Support: $0.0620–$0.0630

Resistance: $0.0645–$0.0660

Next Target: $0.0680

A reclaim of $0.0645 could signal stabilization and open a recovery toward $0.068. Losing $0.062 would keep sellers in control.

VIP WATCH: $0.0645 reclaim.

$DUSK


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge #World Liberty Trust gets conditional charter

avatar
badge

$BR experienced long liquidation near $0.20685, showing that leveraged buyers were forced out around this level.

Market Structure: Bearish until resistance is reclaimed.

Support: $0.198–$0.202

Resistance: $0.212–$0.220

Breakout Level: $0.220

Entry Zone: $0.201–$0.207

Stop Loss: $0.194

TP1: $0.212

TP2: $0.220

TP3: $0.235

Next Target: $0.235 after a confirmed breakout above $0.220.

Bias: Recovery LONG only above $0.212; otherwise remain cautious.

Risk Management: Protect capital if $0.198 breaks decisively.

$BR


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge #World Liberty Trust gets conditional charter

avatar
badge

$GRVT faced long liquidation around $0.3094, indicating strong pressure on leveraged longs.

Market Structure: Bearish below the main resistance zone.

Support: $0.300–$0.305

Resistance: $0.318–$0.325

Breakout Level: $0.325

Entry Zone: $0.305–$0.312

Stop Loss: $0.296

TP1: $0.318

TP2: $0.325

TP3: $0.340

Next Target: $0.340 if buyers reclaim $0.325 with volume.

Bias: Neutral-to-bullish above $0.312.

Risk Management: A break below $0.300 can invalidate the recovery setup, so manage exposure carefully.

$GRVT


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge #World Liberty Trust gets conditional charter

avatar

$HOME

Short liquidation: $3.58K @ $0.00928

The liquidation activity around $0.00928 suggests short positioning is becoming vulnerable.

Support: $0.00915–$0.00928

Resistance: $0.00950–$0.00970

Next Target: $0.0100

Holding above $0.00928 could create room for another squeeze toward the psychological $0.010 level. A loss of $0.00915 would weaken the setup.

VIP WATCH: $0.0100 is the key target.

$HOME


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge

avatar
badge

$WLD recorded long liquidation around $0.3371, putting the current support area under close watch.

Market Structure: Bearish pressure with potential rebound setup.

Support: $0.325–$0.332

Resistance: $0.345–$0.355

Breakout Level: $0.355

Entry Zone: $0.332–$0.340

Stop Loss: $0.320

TP1: $0.350

TP2: $0.365

TP3: $0.380

Next Target: $0.380 if $0.355 breaks and holds.

Bias: LONG only after confirmation above $0.345.

Risk Management: Do not chase sudden spikes; a loss of $0.325 could trigger additional downside.

$WLD


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge #World Liberty Trust gets conditional charter

avatar
badge

$FARTCOIN recorded short liquidation around $0.1406, showing aggressive positioning being squeezed near this level.

Market Structure: Potential bullish squeeze setup.

Support: $0.136–$0.139

Resistance: $0.145–$0.150

Breakout Level: $0.150

Entry Zone: $0.140–$0.143

Stop Loss: $0.134

TP1: $0.150

TP2: $0.158

TP3: $0.168

Next Target: $0.168 if $0.150 breaks with strong momentum.

Bias: LONG above $0.140.

Risk Management: Meme-coin volatility can be extreme, so use disciplined position sizing and avoid excessive leverage.

$FARTCOIN


#Ethereum abandons Poseidon hash #Fed holds interest rates #Trezor order data breach #AI infrastructure financing surge #World Liberty Trust gets conditional charter