Justin Bieber: NFTs Plunge to $27K

Pop star Justin Bieber shelled out $1.75 million for two Bored Ape Yacht Club NFTs back in 2022, but they're now valued at a mere $27,000 as the broader crypto market crash hammers digital assets. This stark depreciation underscores the volatility in the NFT space, where hype around projects like Bored Ape has faded, mirroring losses seen in Bitcoin (BTC) over the past year and raising questions on long-term crypto investment strategies.

On the ETH 4h chart, price action holds bullish above the EMA200 at $2275.21, with the golden cross in MACD signaling sustained momentum at 4.01. RSI sits neutral at 53.42, avoiding overbought territory, while ETH trades snug inside Bollinger Bands—upper resistance at $2364.49 caps upside, and lower support at $2292.39 guards against dips. Confluence here points to a potential push toward upper band exhaustion before retracing to the EMA50 at $2329.07 for retest, aligning with broader ETH price prediction trends in this choppy macro environment.