I just noticed that the crypto market today is playing a very heavy psychological game. Bitcoin is currently standing at $78,380. But what's interesting is that major investors are quietly accumulating through ETF funds totaling over $824 million, while the bears are trying to open short positions around $80,000. Today's crypto news indicates that whales hold 3.09 million BTC, a new record in five months. This could be a strong signal.

Meanwhile, Ethereum is in a rather tough situation. The price is hovering around $2,200 and has tried to break the resistance at $2,400 multiple times but hasn't succeeded. The key support at $2,150 is being watched closely because there are many long positions waiting there. If this level is broken, today's crypto news could see the price drop to $1,900. However, some analysts believe this might be a correction to prepare for a breakout from a short squeeze.

Another good news is that the DeFi sector is recovering from the Kelp DAO crisis, which was hacked. Aave is coordinating with several major projects to raise $73.5 million to compensate affected users. This plan is supported by relief funds and other projects ready to inject over $215 million more. Today's crypto news shows that the crypto community has the spirit to solve problems and restore confidence.