Odaily Planet Daily reports that the privacy stablecoin project Zoth has announced the completion of a new round of strategic financing, with the specific amount not disclosed. Taisu Ventures led the investment, along with NFT project "Pudgy Penguins" CEO and owner Luca Netz and JLabs Digital.

After experiencing months of consolidation and fluctuation, Ethereum's price has recently stabilized gradually, and signs of market recovery are beginning to appear. With improvements in technical structure, ETH has regained key support levels, and bullish sentiment has somewhat warmed. However, from an overall trend perspective, the upward space still faces multiple tests, and whether the rebound can be sustained remains to be further confirmed. In the short-term trend, Ethereum successfully broke through the 1-day bullish support band, which has played an important reversal role in multiple previous adjustments. This technical breakthrough has injected confidence into the market, but some analysts remain cautious. Crypto analyst Luca pointed out that the current rebound is more like a structural correction rather than a clear trend reversal. The real key lies at the 0.618 Fibonacci retracement level, which is around $3,120. If ETH cannot effectively hold this zone, the current rally may still be viewed as a false breakout.

ChainCatcher news, according to Jin10, Pictet Asset Management strategist Luca Paolini stated that as the economic growth slows down, it paves the way for the Fed to further cut interest rates, the dollar will face a new round of weakness next year. He predicts that by the end of 2026, the dollar index will fall from the current level of around 99.55 to 95, and the interest rate differential of the dollar is significantly narrowing.