Crypto Corner: AERO & TIA

The Daily Breakdown uses another Crypto Corner to discuss Aerodrome Finance and Celestia, before looking at the charts for Bitcoin Cash.

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Crypto Corner

We’re continuing our talk about the ins and outs of the crypto market, helping investors become more familiar with the 110+ cryptoassets offered by eToro. Today we’ll discuss Aerodrome Finance and Celestia.

Aerodrome Finance (AERO): Trading near $0.36 with a market cap of ~$335 million

Aerodrome is a leading decentralized exchange (DEX) and liquidity hub on Coinbase’s Base Layer 2 network. Users lock AERO to mint veAERO, then vote weekly on where emissions and liquidity incentives flow — so rewards hinge on participation, not passive holding. AERO doesn’t grant revenue, equity, or dividends; it’s a utility and governance tool for coordinating liquidity across Base’s DeFi ecosystem.

Celestia (TIA): Trading near $0.33 with a market cap of ~$300 million

Celestia is a modular blockchain built around consensus and data availability, letting execution happen elsewhere — think rollups and app-specific chains. TIA powers the system: it’s used for staking to secure the network, paying data availability fees, and voting on governance (with a 1B hard cap and declining inflation). Holders don’t get equity, dividends, or revenue share, even if speculators expect network growth to lift value; development still leans on Celestia Labs, though modularity encourages third-party builders.

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The Setup — Bitcoin Cash

Bitcoin, Ethereum, Solana, and other cryptocurrencies like Bitcoin Cash are rallying today. For BCH specifically, it’s trying to hold the key support zone we discussed about a month ago.

Daily chart of BCH, for The Daily Breakdown.
Chart as of 8:00 a.m. ET on 3/4/2025. Source: eToro ProCharts, courtesy of TradingView.

There’s a few things going on with this chart now. First, BCH is back at a key support zone around $440 to $450. Bulls want to see this area hold to help fuel a rebound. Bears, on the other hand, are looking for a breakdown — which could open the door to lower prices.

Second, note how the 50-day moving average flipped roles: it acted as support in December (green arrows), then turned into resistance in January and February (red arrows). If BCH rebounds toward the 50-day, the key question is whether that resistance holds again — or finally gives way.

For a deeper rundown of technical analysis, check out recent Boot Camp.

What Wall Street’s Watching

CRWD

CrowdStrike shares are modestly higher this morning after the company’s latest quarterly report. The firm topped earnings and revenue expectations and added $331 million in new annual recurring revenue, up 47% year over year. Analysts have a $493 price target on CRWD, implying roughly 26% upside from yesterday’s close. 

AVGO

Broadcom reports earnings today after the close. With a roughly $1.5 trillion market cap, it’s a major force in semiconductors and the third-largest holding in the SMH ETF. The stock has quietly cooled off, down more than 20% from its all-time high and riding a three-month losing streak. Dig into the fundamentals for AVGO

MORPHO

After climbing more than 50% in February, Morpho has been one of the best-performing cryptocurrencies as of late. Further, Morpho more than doubled from its February low to its high in early March. For more on Morpho, check out our recent Crypto Corner.

Disclaimer:

Please note that due to market volatility, some of the prices may have already been reached and scenarios played out.