Steakhouse: Onboards weETH Collateral

Steakhouse Financial just announced onboarding weETH from Ether.fi as eligible collateral for its Prime Morpho vaults, spanning ETH and USD lending markets, with the full proposal live on the Morpho forum— a move that expands DeFi liquidity options as Bitcoin (BTC) hype drives broader crypto adoption.

Zooming into the 4-hour chart, WEETH trades at $2585.9 in a clear bullish structure, hugging above the EMA50 at $2531.94 and EMA200 at $2464.65 that act as rock-solid long-term supports. MACD screams bullish with a 21.44 golden cross, while RSI at 62.57 stays neutral, avoiding overbought territory. Price sits comfortably inside Bollinger Bands, eyeing upper resistance at $2613.56 as a volatility exhaustion point—expect a push there before any pullback to EMA50, aligning with WEETH price prediction models forecasting upside in this crypto market rally, potentially mirroring BTC trends without risking a crypto market crash.