THE LATEST CRYPTO NEWS

As Ethereum (ETH) is set to end the year on a disappointing note, some market observers have shared an optimistic outlook for the altcoin’s start-of-year performance, suggesting that an early 2026 breakout remains possible. Related Reading: Crypto Hacks Swipe Nearly $3 Billion In 2025 Despite Fewer Attacks – Report Ethereum Holds ‘Equilibrium Level’ Ethereum is attempting to end the year above a crucial area following its recent sideways action. Notably, the cryptocurrency has been in a downtrend for the past three months, currently recording a 27.8% decline from its Q4 opening of $4,145. ETH has been trading sideways over the past several weeks, hovering within the $2,800-$3,000 price range. During this period, the King of Altcoins has failed to hold above the upper boundary on the weekly timeframe despite multiple attempts to break out. Amid this performance, market watcher Crypto Batman recently noted Ethereum is trading around the mid-zone of a multi-year bullish channel, which he named “the equilibrium level.” This zone has historically acted as both a strong support and resistance point for Ethereum, he explained, making it the crucial area to hold as we approach the monthly and yearly closes. Despite the recent price action, Crypto Batman suggested that “given how ETH rallied from $1,500 to $4,600, this current move looks like nothing more than a bullish retest to that equilibrium, likely forming the next higher low.” Similarly, analyst Cas Abbé affirmed that the leading altcoin’s structure remains “incredibly bullish” even with the recent volatility, highlighting ETH’s uptrend line on the higher timeframes. According to the post, the cryptocurrency has not only held its ascending trendline over the past eight months but also bounced after each retest, suggesting that a rebound could be possible if this level continues to hold on the higher timeframes. ETH Breakout In Early 2026? Crypto Jelle also shared a bullish outlook for Ethereum, affirming that the altcoin looks strong on the macro chart. “If price can push towards $4k from here, I doubt bears can hold it down again,” the analyst wrote on X, adding that “It might finally be time for ETH to shine again next year.” Market observer Trader Tardigrade underscored a giant Inverse Head and Shoulders pattern on ETH’s weekly chart. Per the post, the cryptocurrency has been forming this bullish pattern for the past two years, with the neckline currently located around the $4,950-$5,000 mark. Notably, the left shoulder and head developed during the Q3-Q4 2024 and Q2-Q3 2025 rallies. Meanwhile, the Q4 2025 correction has started to form the pattern’s right shoulder, which signals that the altcoin could rise to the neckline area in the next few months, and potentially aim for higher levels if the pattern continues to develop. In the shorter timeframe, Man of Bitcoin noted that Ethereum could see a breakout in the first week of 2026. The analyst pointed out a one-month symmetrical triangle formation on ETH’s chart, where the price has been “getting squeezed between both trendlines.” Related Reading: Solana Bearish Formation Hints At Major Correction Until Mid-2026 – Here’s The Target While the altcoin continues to compress between these levels, a break from the pattern becomes more likely, leading the market watcher to suggest a 15%-20% breakout toward the $3,400 resistance. As of this writing, ETH is trading at $2,977, a 1.2% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

After being rejected from the $3,000 level, Ethereum (ETH) is trying to hold a key support zone and build a base around this area. Some analysts have suggested that the altcoin must reclaim the crucial resistance soon or risk potential drop to new multi-month lows. Related Reading: XRP ETFs Record 25-Day Streak As Price Eyes Key Resistance Level Ethereum Forms Head And Shoulder Pattern Amid the broader market volatility, Ethereum has been attempting to hold the recently reclaimed $2,900 level as support to potentially challenge higher resistance levels in the coming days. The cryptocurrency has been trading within the $2,800-$3,400 price range over the past month, hitting a high of $3,447 nearly two weeks ago. Since reaching the local high, ETH has struggled to hold the range’s high, falling to the lows again during last week’s market correction. Amid this performance, the King of Altcoins is currently registering its worst Q4 performance since 2019, with a negative performance of 28.76%. Moreover, it is also recording a red December so far, trading 1.3% below its monthly opening of $2,991. Some analysts have warned that ETH’s pain may not be over, as it appears to be forming a pattern that could spell trouble for the cryptocurrency. In a Tuesday X post, Ali Martinez suggested that Ethereum started forming a head and shoulder pattern following the massive corrections that the send most cryptocurrencies to multi-month lows. Per the chart, the altcoin formed the left shoulder between late November and early December after bouncing from the $2,780 support. Meanwhile, the pattern’s head was formed during the mid-December rebound that led to the $3,400 local high. Now, as price is rejected from the $3,000 area again, the cryptocurrency appears to be forming the right shoulder. This suggests that ETH’s price could drop to the $2,800 area to complete the pattern’s formation. Martinez noted that if the pattern is completed, it could lead to a 15% potential move toward $2,400, a level not seen since the start of the Q3 breakout. ETH Price In Trouble? Other market observers suggested Ethereum could be in trouble after being rejected from the $3,000 barrier again. Ted Pillows noted that the altcoin tried to reclaim this level but failed, closing Monday around the $2,948 area. To the analyst, If ETH doesn’t reclaim this key barrier soon, it could likely drop towards the $2,700-$2,800 support zone. On the contrary, a daily close above this level would set the base for a rally toward the $3,300 level. Similarly, Sjuul from AltCryptoGems affirmed that Ethereum “is a bit in trouble after that nasty bearish deviation on top of the range.” He highlighted the altcoin’s rejection from the mid-December highs, which sent the price the lower zone of its one-month range. Related Reading: Dogecoin’s 53,000% Surge Shows Renewed Interest, But Why Is DOGE Price Lagging? Based on this, the analyst suggested that investors could expect “the same to happen on the lower band,” which would see the price retest the $2,600-$2,700 area, and drop as low as $2,400, before bouncing toward the range highs again. Nonetheless, Sjuul declared that “bulls need to establish a proper uptrend here because losing $2700 would be a negative sign.” As of this writing, Ethereum is trading at $2,933, a 2.53% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

After reaching a new multi-month low, Solana (SOL) is attempting to hold a key high-timeframe level as support ahead of week’s end. Some analysts have suggested that the altcoin is poised to bounce, but others warned that a potential rally could be short-lived. Related Reading: Bitcoin Mirrors Q1 2025 Playbook, Is It Headed To $70,000 Before Year’s End? Solana To Tag Higher Levels Soon On Friday, Solana recovered from the latest drop and surged 7.7% toward the $125 area. The cryptocurrency fell nearly 9% on Thursday afternoon amid a broader market correction, sending its price to an eight-month low of $116. Amid the pullback, SOL’s price breached below a crucial high timeframe level, the around $120 mark, for the first time since April before recovering. Analyst Crypto Batman noted the altcoin “is not only at its major support level, the same one that has held price for the past 2 years.” In addition, the cryptocurrency is also forming a bullish divergence on the 3-day timeframe, “exactly like what we saw before the major bottom” at the start of Q2, the market observer added. To him, this suggests that Solana could bottom soon and see the start of a recovery rally to the macro range highs. However, another market observer affirmed that even if a retest of the higher levels is likely, “context matters here.” Analyst Crypto Scient highlighted that SOL’s price is currently at the range lows of its multi-year range, recording the first retest of this area after being rejected from the range highs. “One could argue SOL has been distributive for nearly two years now. That’s fair,” he explained, “[but] range lows rarely break on the first attempt.” Moreover, Scient pointed out that there’s significant liquidity left between the $175–$190 levels that “should get tagged at some point, even within a broader bearish environment.” As a result, the analyst considers that a “move higher to clean liquidity before any deeper downside would make far more sense.” December Close To Define SOL’s Fate? Analyst Rekt Capital affirmed that the $123 horizontal support remains the “defining level” that Solana must hold to prevent a major breakdown to multi-year lows. He detailed rebounds from this support have historically produced “outsized upside expansions,” with 140% and 100% moves. However, each rebound from this level has been progressively weaker over time, with the most recent bounce only managing to rally 15%. This signals a “sharp deceleration in upside responsiveness at this level,” which is important to consider as the compression in rebound magnitude could affect SOL’s monthly close. According to the analysis, a monthly close above the macro support would keep Solana positioned for a weaker rally, but a close below $123 would substantially change the structure. The second case would suggest that distribution has already started and confirm “how much this support has weakened since the last meaningful rebound that produced a near 2x move earlier this year.” Related Reading: Did Crypto Investors Stop Believing In The Four-Year Cycle? Analyst Weighs In Moreover, it would begin to mirror SOL’s performance in early 2022, when a similar price action preceded “macro relief moves during the opening phase of the Bear Market, including the decisive breakdown that occurred at the turn of that year.” Ultimately, the analyst warned that it remains to be seen whether the altcoin can close December above this crucial level and rebound, or if a breakdown “accelerates distribution sooner rather than later.” As of this writing, Solana is trading at $126, a 3.4% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the market volatility continues, Bitcoin (BTC) has failed to hold its short-lived momentum and reclaim a key resistance level for the second time this week. Some market watchers have affirmed that the flagship crypto may continue to have a disappointing end-of-year rally and potentially reach new lows before the pain is over. Related Reading: Did Crypto Investors Stop Believing In The Four-Year Cycle? Analyst Weighs In New Lows Before A 2026 Recovery? On Thursday, Bitcoin attempted to break past a crucial level after surging 2.9% from its daily opening. The cryptocurrency has been unable to reclaim $89,000-$90,000 area since the start-of-week correction, which sent the price to a two-week low of $85,145. Notably, the flagship crypto retested the crucial resistance area twice in the past 24 hours but has been rejected, falling back to the local lows. Market observer Ted Pillows highlighted that BTC has been holding above the $85,000 support zone despite the volatility, which could lead to another retest of the key $90,000-$92,000 zone if it holds. However, if price break below local support zone, Bitcoin would likely see a retest of the November lows, around the $80,000 mark. Ted also pointed out that the cryptocurrency may be mirroring its Q1 2025 price action, which suggests that a price drop below the recent lows could happen. Per the chart, BTC briefly bounced in March from its early 2025 correction before recording a lower low in the next few weeks. This was then followed by the Q2 and Q3 recovery rallies that propelled the price to its latest all-time high (ATH) of $126,000. Now, Bitcoin displays a similar performance, currently recovering from the initial corrective phase. If history repeats, the flagship crypto could see a 10%-15% drop to the $74,000-$76,000 area in the coming weeks before kicking off a rally toward new highs in 2026, the analyst suggested. Bitcoin To Continue With ‘No Direction’ Similarly, Ali Martinez affirmed that the cryptocurrency is at an inflection point and risks dropping up to 20% if the $87,000 support doesn’t hold. He explained that BTC is breaking out of a bear flag, which could target the $70,000 level if selling pressure spikes. Meanwhile, another analyst considers that “sentiment [is] flipping based on every last daily candle colour.” Daan Crypto Trades pointed out that Bitcoin has been trading within the $84,000-$93,500 for the past four weeks, “moving up and down in a choppy fashion, while trading in between these two larger levels.” To the trader, the next few weeks will continue to be “generally very choppy and lack direction” due to lower liquidity and trading volume during the holiday season. “I don’t think you’d be missing much if you log off and come back somewhere early January,” he added. Related Reading: XRP Price Must Defend This Level To Avoid 50% Breakdown, Analyst Warns On the contrary, analyst Crypto Jelle affirmed that despite the low-timeframe struggles, Bitcoin “still flat out refuses to drop lower, no matter how hard bears try.” He noted that price still sits “on a clear weekly support level” that has held since April, explaining that as long as this area holds, price can still reclaim the monthly opening, around the $90,300 area. As of this writing, BTC trades at $86,138 a 5.3% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the crypto market recovers from the latest pullback, XRP is attempting to climb up from its recent lows. Some analysts have suggested that the cryptocurrency must defend its current levels or risk a 50% drop to levels not seen since 2024. Related Reading: Solana Leads As Most Popular Blockchain Ecosystem For Second Consecutive Year – Report XRP At Make-Or-Break Level Amid the start-of-week market correction, XRP recorded a 6% drop toward its lowest level in weeks. The price lost $2.00 support on Monday morning and continued to lose key levels despite uninterrupted institutional interest. The cryptocurrency has been trading within the $2.00-$2.25 price range over the past month, only losing its lower boundary during the late November pullback. Monday’s correction sent the altcoin below the range’s lower support again, hitting a multi-week low of $1.88 before bouncing around an area that has been crucial for the past year. Notably, XRP has bounced from the $1.85-$1.90 support zone after every major correction since the November 2024 breakout, climbing back above the $2.00 level each time. However, some market observers have suggested that the price risks a significant correction if it is unable to hold the current levels. Ali Martinez pointed out that the cryptocurrency has fallen below its one-year price range, between the $1.92-$3.27 levels, which could lead to a 50% drop below this area. To the analyst, XRP’s price must secure a daily close above $1.92 to prevent a drop to the $1.00 support, which has not been seen in over a year. Similarly, Cheds Trading affirmed that XRP is “flirting with a high time frame breakdown.” Per the chart, the altcoin appears to be forming a high-timeframe rounding top or double top pattern with a higher high. The analyst noted that in the case of the latter, the M formation would be confirmed if the $1.88 level, where the pattern’s neckline is situated, is lost. This could lead to a “measured move to roughly [the] MA 200 area/$1.00 range.” Price Ready For 2026 Markup Phase? Despite the warnings, other market watchers shared a positive outlook for XRP in the coming months. Trader Niels affirmed that the leading altcoin is “looking good” at the current levels. According to the post, the cryptocurrency is “sweeping the $1.8 support zone again” while showing a bullish divergence on the daily timeframe, which suggests that the price could soon move to higher levels. To the trader, once XRP breaks above $2.20 resistance, it could surge 27%-37% towards the $2.80-$3.00 area “within a month.” Meanwhile, analyst ChartNerd highlighted that XRP appears to be repeating its 2023-2024 price action, which led to its massive breakout in November 2024. The chart shows that the altcoin accumulated for a year and a half, bouncing between the range’s lower and upper boundaries before its markup phase in late Q4 2024. Related Reading: XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why Following this expansion period, the cryptocurrency is showing a similar accumulation range, leading the analyst to suggest that XRP may continue consolidating within its current range before another markup phase occurs. “Regardless of scenarios, or how ugly/beautiful it gets, a massive markup phase similar to November 2024 is likely between now and late 2026,” he stated. As of this writing, XRP is trading at $1.92, a 1.65% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As Bitcoin (BTC) tries to hold the $90,000 barrier, some analysts affirm that the flagship crypto’s bear market signals are becoming clearer, suggesting that a breakdown to new lows could be around the corner. Related Reading: Dogecoin Could Stage A 600% Rally In 2026 If This Multi-Year Support Holds Bitcoin Bear Flag Raises Concerns On Friday, Bitcoin shredded its Thursday gains, dropping 3.2% intraday to retest the $89,500-$90,500 support zone once again. The cryptocurrency has been trading between the $84,500-$94,500 range for the past four weeks, briefly falling to a seven-month low of $80,600 during the late November correction. This week, the flagship crypto’s price has seen more volatility, fueled by the expectations of the Federal Reserve’s interest rate cut and positive regulatory developments in the US. However, BTC has failed to successfully break and hold above its local range’s upper boundary after multiple retests, ultimately falling to the mid-zone of its range. Analyst Ted Pillows highlighted a concerning pattern on Bitcoin’s chart, warning that the cryptocurrency risks a drop to new multi-month lows if the price fails to hold key support levels. Per the post, BTC has been forming a bear flag for nearly a month, which “is too hard to ignore” after the price continues to be rejected from the formation’s upper boundary. The analyst affirmed that this pattern follows a trend that has been developing over the past two months. As he pointed out, bearish flags have been continuously forming on BTC’s chart since the October 10 market pullback, with each pattern resolving in a breakdown to lower levels. To Ted, the new formation signals “that the overall trend is still to the downside.” He suggested that a close above the $96,000 level would invalidate the bearish pattern. On the contrary, a drop to below the $86,000 support, where the formation’s lower boundary is located, could push Bitcoin to the April lows, around the $76,000 mark. Is The 2022 Playbook Repeating? The market observer also noted a resemblance between the last cycle and the current one, which could lead to a drop below the $70,000 level. The chart shows that after losing the 50-Week EMA indications, Bitcoin consolidated within a bear flag before breaking down and descending to the 2022 lows. Now, BTC displays a similar performance after losing the 50-Week EMA and breaking down from its October bear flag. “If this plays out, a pump to $100,000 and then a dump below $70,000” would follow, the analyst added. Meanwhile, Robert Mercer shared a similar perspective in a series of X posts. The analyst affirmed that the classic four-year cycle has not changed despite the significant increase in institutional adoption: Bitcoin is breaking crucial supports one by one and entering a bear market. The same happened back in the end of 2021. At the moment, BTC is forming an ascending channel with the top near $100,000 – $104,000, you can see a clear Right Shoulder of H&S in this move. Something similar happened in the beginning of 2022. He also asserted that Bitcoin shows a similar picture “from the 1W MA50 perspective,” as BTC has traded below this indicator for multiple weeks now for the first time in the bullish cycle. Related Reading: Cathie Wood Says Bitcoin Is ‘Climbing Another Wall Of Worry’– Here’s Why Nonetheless, he concluded that “no such breakdown happens without a retest,” forecasting a relief bounce up to $98,000-$102,000, followed by a dump to the support level of $55,000-$60,000. As of this writing, BTC Trades at $89,990, a 2.75% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the start-of-week momentum slows, Dogecoin (DOGE) dropped 5.5% on the daily timeframe, falling to the recent lows once again. Some analysts have suggested that the cryptocurrency is setting the stage for a massive short-term and mid-term rally if the retests of current levels hold. Related Reading: Cathie Wood Says Bitcoin Is ‘Climbing Another Wall Of Worry’– Here’s Why Dogecoin Prepares For $1 Milestone On Thursday, Dogecoin followed the rest of the crypto market and retraced to the $0.136-$0.138 levels. The cryptocurrency has retraced around 50% following the Q4 market downturn, trading within the $0.130-$0.155 price range over the past few weeks. Amid this week’s recovery, DOGE’s price briefly tested the local range highs, trying to break out of this area for the second time this month. However, Wednesday’s volatility, driven by the expectations of the Federal Reserve’s rate cut announcement, led to a 4.6% intraday drop before continuing its descent to the current levels. Market observer Trader Tardigrade highlighted the cryptocurrency’s performance, noting that Dogecoin is holding strong at a key support area despite the pullback, which could “potentially set the stage for a massive surge to $1” next year. According to the chart, DOGE is retesting an ascending support zone that has preceded major moves over the past two years. Since late 2023, this support has been retested three times, marking the bottom of each major corrective phase and serving as a “launchpad” to new highs. Notably, the subsequent rally’s size and duration have seen an increasing trend, with the bounces lasting longer and reaching higher levels after each retest of the two-year trendline. During the first rebound, Dogecoin rallied 87% in eight weeks. Meanwhile, DOGE surged by over 210% in ten weeks after retesting this crucial level. Lastly, it registered a 14-week 442% run between Q3 and Q4, 2024, to its multi-year high of $0.48. With the price currently retesting this level once again, the analyst suggested that a rally to the $1 mark could be brewing if the current levels hold. A bounce from this area could kick off a 610% jump at the start of 2026. DOGE’s Rally To September Highs Imminent? The trader also pointed out that DOGE’s MACD Bullish Crossover “is now happening.” He explained that the cryptocurrency’s trend began shifting from a downtrend to an uptrend on Wednesday, suggesting a significant price move is to follow. He previously affirmed that this setup has preceded previous breakouts this year, with the price surging to new local highs in Q2 and Q3 after each MACD bullish cross. As this setup begins to unfold, the analyst’s chart suggests that the price could bounce to the October levels. Similarly, other market observers hinted that Dogecoin could be preparing for a 60%-120% surge in the short term. Analyst Bitcoinsensus highlighted a classic bullish reversal pattern, a falling wedge pattern, that has been forming since October in DOGE’s chart. Related Reading: All Eyes On Ethereum: Price Attempts Key Breakout As BlackRock Files For Staked ETH ETF After the recent price action, the “price has been slowly bleeding inside this structure and now potentially forming a nice rounded bottom. If we get a decent breakout above the upper yellow line, we could be targeting the 0.20$ area (+60%),” the analyst stated. Meanwhile, AltCryptoTalk recently noted that Dogecoin is retesting “the same weekly demand zone that sparked every major rally in the past,” which could spark a 115% rally to the $0.30 September high if the area holds. As of this writing, Dogecoin is trading at $0.137, an 8% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

After weeks of speculation, BlackRock, the world’s largest asset manager, has officially filed for a staked Ethereum (ETH) Exchange-Traded Fund (ETF) with the US Securities and Exchange Commission (SEC). Amid the bullish news, the King of Altcoins’ price is attempting to break out of a two-month resistance, which could set the stage for a retest of higher levels. Related Reading: XRP ETFs Record 13-Day Streak As SOL Funds See Largest Outflows Since Launch BlackRock Files For Staked Ethereum ETF BlackRock has submitted an S-1 form with the US SEC to get approval for its iShares Ethereum Staking Trust (ETHB), which “seeks to reflect generally the performance of the price of ether and rewards from staking a portion of the Trust’s ether, to the extent the Sponsor in its sole discretion determines that the Trust may do so without incurring undue legal or regulatory risk.” Filed on December 5, BlackRock’s registration statement explains that, if approved, the proposed fund aims to stake 70% to 90% of its Ethereum holdings, distributing staking rewards to stakeholders at least quarterly. Coinbase Custody Trust will serve as the custodian for the Trust’s ETH holdings, the filing noted, while Anchorage Digital Bank will be an available alternative custodian for the Trust’s ether holdings. Meanwhile, the Bank of New York Mellon will serve as the custodian for the Trust’s cash holdings and the administrator of the Trust. Notably, BlackRock’s ETHB will operate separately from its spot ETH fund, the iShares Ethereum Trust ETF (ETHA), which is the largest in its category with $11 billion in assets under management (AUM). It’s worth noting that the crypto community began speculating about BlackRock’s upcoming staked ETH fund after the leading asset manager registered the name in Delaware last month. In a November report, 10x Research argued that the potential introduction of a staked Ethereum ETF by BlackRock would bring “increased scrutiny” to “the economics of DATs” as retail investors would reallocate to a low-cost source of yield. The report added that many investors are unaware that Digital Asset Treasury (DATs)’s embedded costs “far exceed” the management fee charged by asset managers like BlackRock on its Bitcoin (BTC) and ETH ETFs. ETH Nears Key Downtrend Line Ethereum’s price started the week attempting to reclaim a crucial area after managing to hold the $3,000 level as support despite the volatility during the weekend. The cryptocurrency surged nearly 3% in the daily timeframe, hitting $3,180 before retracing on Monday. Amid this performance, analyst Ali Martinez suggested that “it’s time to pay attention to ETH,” noting that it nears a key level that could push the price to higher zones. Per the chart, Ethereum briefly broke out of its two-month downtrend line, which has served as resistance since early October. Over this period, the King of Altcoins has attempted to break out of this level twice, but has ultimately been rejected during each attempt. On Monday morning, ETH briefly broke above the trendline before being rejected a third time. However, if Ethereum reclaims the $3,120-$3,130 levels and turns the downtrend into support, it could build the base for a retest of the $3,200-$3,300 horizontal levels, which marks the lower boundary of its Q3 and early Q4 price range. Related Reading: Bitcoin Price Slides Below $90,000 – Is A Retest Of The November Lows Near? Meanwhile, Rekt Capital asserted that Ethereum Dominance (ETHDOM) continues to move within its macro consolidation range, holding support at the 11.67% level. He previously affirmed that if “ETHDOM can maintain itself above 10.05% then it should be positioned for higher market dominance levels over time.” The analyst added that although history suggests a potential 2.5% drop to the consolidation range lows, this dip would occur “in the context of a macro move to 18%-20%” in the future. As of this writing, Ethereum is trading at $3,114, a 13.7% increase on the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the whole crypto market bled, Zcash (ZEC) started December with a massive one-day pullback, leading the losses among top cryptocurrencies. While some market observers suggest that the altcoin is positioned for a major move, others have warned that the price risks another major correction in the coming weeks. Related Reading: Is Strategy Buying Bitcoin Again? Saylor’s ‘Green Dots’ Suggest Yes Zcash Loses Key Support Levels Amid Crash Following the late Sunday market correction, Zcash has lost crucial levels and fallen to one-month lows. Over the past three months, the cryptocurrency has seen a parabolic rally, surging over 1,775% to its all-time high (ATH) of $750 in early November. Since its ATH rally, the altcoin has been trading within the $440-$720 levels, bouncing between the range’s upper and lower boundaries amid the recent market volatility. However, the end-of-November pullback saw ZEC’s price unsuccessfully retest its key support area, closing the day below this area for the first time in nearly a month. After losing this zone, Zcash continued to drop below other key support levels, breaking down the $400 barrier and hitting a local low of $328 on Monday morning before bouncing to the $340 area. Amid this performance, some market observers warned that the altcoin could be in trouble and further bleeding may occur in the coming weeks. Sjuul from AltCryptoGems highlighted that ZEC registers the biggest price drops in the weekly and daily timeframes, with declines of 40.2% and 24%, respectively. The analyst previously pointed out that the cryptocurrency lost its uptrend after falling below the EMA200, recording “a perfect bearish retest followed by a strong rejection” last week. As a result, Sjuul suggested that if Zcash did not reclaim the key moving average, the cryptocurrency would be positioned for a breakdown to lower support levels. Similarly, Altcoin Sherpa considers that ZEC could drop another 30%-40% to the $200 area after losing the crucial $440 support. Nonetheless, he added that the price will likely see short-term bounces during its retracement. ZEC’s Correction: Nothing To Worry About? Mert Mumtaz, Helius co-founder and CEO, affirmed that a correction after a 700% rally “is normal,” adding that the privacy token “looks great” on higher timeframes. Notably, the cryptocurrency still shows 700% and 485% increases on the three-month and one-year timeframes. The CEO also highlighted Zcash’s strengths: “privacy is not a narrative, private money is the entire purpose of crypto,” suggesting that the altcoin is positioned to challenge other leading cryptocurrencies like XRP in the future. Meanwhile, another pseudonym market watcher considers that Zcash is preparing for a big move despite the correction. According to X analyst Make Sense, the cryptocurrency is at a make-or-break level after falling to the $320 mark, its first major support area below the November range. If ZEC holds the current range, the price could reclaim its recently lost range and bounce to its $500-$600 mid-range. On the contrary, if it loses its current levels, the cryptocurrency could retest the $280 and even $200 area, he affirmed, before a trend reversal. Related Reading: Will Bitcoin (BTC) End 2025 In Green? November Close May Hold The Key “This is where market makers decide the next trend: bounce early → mid-range rally or deep sweep → full trend reversal. Either way, volatility is about to explode,” he explained. As of this writing, Zcash is trading at $338, a 20% decline in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

While the crypto market bounces from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial area as support to continue its recovery rally. As the flagship crypto faces some resistance, some market watchers have suggested that this week’s close may be key for its end-of-year performance. Related Reading: Solana Reclaims Crucial Resistance Despite First SOL ETF Outflows – 25% Rally Ahead? Bitcoin Faces Rejection Ahead Of November Close Bitcoin has retested a crucial resistance level for the first time in a week, hitting a one-week high of $93,092 on Friday morning before retracing. The flagship crypto has failed to hold crucial support levels throughout the November corrections, trading below $100,000 for nearly two weeks. A week ago, BTC plunged below $90,000 during the latest market correction, reaching a seven-month low of $80,600. However, the cryptocurrency led this week’s broader recovery, reclaiming key levels over the past few days. Amid its recent performance, some market observers have noted that Bitcoin is currently retesting a crucial re-accumulation region, between $82,000 and $93,000, where the price consolidated after previous pullbacks, including the Q1 market correction. Analyst Rekt Capital highlighted that BTC rebounded more than 7% from the local bottom and has revisited the range high resistance during Friday’s recovery. Now, Bitcoin is attempting to hold the high zone of its local range, retesting the $90,000-$91,000 area as support after being rejected from the key resistance. Previously, he pointed out that last week’s weekly close aligned with the flagship crypto’s monthly range, setting the stage for a potential floor around the $86,000 area, which would develop a new range between this level and the $93,000 resistance. To the analyst, Bitcoin must close the week, which also coincides with November’s monthly close, above $93,5000 and turn this level into support if it wants to further build on its newfound momentum and potentially revisit its two-month downtrend line, which currently sits near the $96,000 mark. “The ~$93500 level happens to be a Four-Year Cycle level. History suggests price should be able to find a way to 12-month close above ~$93500 to finish 2025 green,” Rekt Capital added on X. $98,000 Rally or $88,000 Drop Next? Market watcher Ted Pillows discussed BTC’s short-term future as it faces some resistance around the $92,000-$93,000 levels. To the analysts, reclaiming this area could propel the price towards the $98,000-$100,000 barrier in the coming weeks. On the contrary, he suggested that failing to reclaim this level will send Bitcoin’s price below the $88,000 mark. Earlier this week, Ted warned that this was one of the most important levels to reclaim and hold as support in the short term, as a rejection from this area could trigger a significant drop below the recent lows. Similarly, Daan Crypto Trades noted that the constant sell-off of the past few weeks has created “a ton of marginally lower highs, creating such a big liquidity pocket” between the $97,000-$98,000 zone. This region also aligns with key horizontal price levels in bigger timeframes, making it a “good area to watch,” as BTC continues to consolidate in a relatively tight range. Related Reading: Ethereum’s End-Of-Year Rally Still At Play? Analysts Eye 50% December Jump The trader considers that if BTC’s price breaks down, the $88,000 mark could be a good place for a higher low. However, if the price holds above the $91,800 level, it may trigger another retest of the $93,000 resistance. Ultimately, He warned that the market could likely see a “Choppy environment in the short-term surrounding Thanksgiving, which always sees pretty low volume & liquidity.” As of this writing, Bitcoin is trading at $90,500, a 1.1% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Amid the recent market volatility, SUI is attempting to hold a key level as support following its breakout from a local resistance. Some analysts have suggested that if momentum holds, the altcoin could be preparing for a 50% rally to the next major resistance. Related Reading: Ethereum (ETH) Reclaims $3,500 Amid Market Rebound, Analysts Forecast December Take-Off SUI Recovers Major Support Zone On Tuesday, SUI retested a crucial area as support after recovering from the recent market crash and breaking out of a one-month downtrend line. The altcoin traded between $2.30-$3.00 after the October 10 correction, when the cryptocurrency briefly crashed by over 87% to $0.50. However, the early November pullback sent the price below the local range and to seven-month low levels. Last week, SUI closed below the $2.00 barrier for the first time since April, briefly retesting the $1.80 area. After bouncing from this zone, the altcoin surged above $2.00, retesting this level as support over the weekend. As a result, SUI’s price started the new week reaching a one-week high of $2.20 on Monday, before retracing alongside most of the market on Tuesday morning. Amid its recovery, analyst Ali Martinez recently highlighted that the TD Sequential indicator flashed a buy signal for the cryptocurrency, suggesting that the bottom could be in and a rally to higher levels is next. The analyst later confirmed the buy signal, adding that “sustained buying pressure here could push it to $3 or even $4.” Adding to the potential momentum, the Sui Network announced a partnership between the exchange Crypto.com and the Sui Foundation, the organization behind the adoption and advancement of the ecosystem. According to the announcement, the exchange has launched regulated custody and liquidity support for SUI, giving institutions’ clients “a secure, compliant way to store, manage, and access deep liquidity for SUI.” Downtrend Breakout Eyes 50% Rally Offering a broader outlook, market watcher Daan Crypto Trades noted that the cryptocurrency continues to trade within its big higher timeframe (HT) area, currently retesting a make-or-break zone. Notably, SUI has been hovering between the $2.00-$4.00 levels for most of the cycle, with the range’s lower boundary serving as a major support zone since late 2024. Now, the price “is holding initially on this higher low,” but must show short-term strength to break out from this area. Per the post, the altcoin has also broken out of its one-month diagonal resistance, which could send the price back to pre-November pullback levels. Currently, SUI’s price is retesting the downtrend line as support, which could turn the correction into a deviation and propel a move back above $2.30. “That’d be a solid sign of strength for me that this might be due for a larger reversal,” the trader added. Similarly, analyst Crypto Kaleo highlighted the recent performance, affirming that “when SUI breaks out of a major downtrend, it rips.” Related Reading: Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price? As he pointed out, the cryptocurrency broke out of similar downtrends during the May and July rallies, soaring more than 50% within a week. Therefore, if the altcoin holds the current levels, its price could jump to the $3.00 barrier in the short term. Nonetheless, he warned that the two previous breakouts also saw some volatility after the initial move, suggesting another retest of the downtrend line could happen before the next leg up. As of this writing, SUI is trading at $2.07, a 3.8% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

A widely followed macro roadmap circulating on X early Friday, November 7, sets an explicit sequence of policy and market triggers that could define crypto’s trajectory into December—and frame positioning into 2026. The thread, posted by macro analyst Alex Krüger is unambiguous about the immediate constraint: “cautious stance until [the government shutdown is] resolved.” It is equally explicit about the upside if Washington finds a path forward, calling the shutdown’s resolution “bullish” for risk assets and saying for bitcoin to “Expect BTC +5% or more within 48 hours of deal.” The near-term hinge, in other words, is binary. A shutdown that lingers keeps risk pared back; a deal, by contrast, opens the door to what the thread characterizes as a quick relief move. The author’s base case on timing—“estimated to be resolved sometime between the end of next week and Thanksgiving”—extends that window into the back half of November. That framing matters for crypto because the same roadmap argues the December calendar is stacked with policy and flow headwinds that could complicate any rally that begins late this month. Crypto Outlook For Year-End Of 2025 At the center of December sits the Federal Open Market Committee. The thread presently tags the December 10 FOMC outcome “hawkish,” explaining that “most Fed officials favor a pause as of now, which is not priced in at the moment,” while also acknowledging that “officials may change their stance on rates as economic data comes in and the month progresses.” The nuance is important: the policy signal, as currently envisioned, is tighter than markets are discounting, yet the sign itself could be revised as data crystallizes—if it arrives at all. Related Reading: Caution In The Crypto Market: Expert Warns Of Bearish Phase Unfolding This November That caveat leads into a second unusual feature of this year-end: a potential data vacuum due to the ongoing US government shutdown. “Omitted all upcoming economic data releases from the list due to uncertainty on release dates,” the thread notes, citing the shutdown’s impact on statistical agencies. It adds, “Will likely see no official economic data in November, and data resuming in December, with payrolls (jobs) on Dec//5 (a crucial data point for the FOMC decision).” An extended blackout followed by a compressed burst of releases would increase event risk around any single print, especially nonfarm payrolls, and could amplify volatility across risk assets, crypto included. A separate political appointment may intersect with the December meeting as well. The roadmap flags the “New Fed Chair nomination,” “estimated to be announced before the next FOMC, to influence the FOMC decision (it could also be soon after); bullish to very bullish.” Even if the timing slips to just after the meeting, the signaling effect around leadership and policy reaction functions would, in this framework, skew supportive for risk. Tax-based flows complicate that picture for crypto assets specifically. The thread characterizes “Tax loss selling (crypto only)” as “bearish; all December, mainly last two weeks,” reasoning that crypto’s relative underperformance versus equities this year leaves room for harvesting that is “of particular importance given relative stocks-crypto performance.” Seasonal pressure late in the month would be consistent with prior years in which crypto saw localized December-to-January pivots as selling abated and re-risking emerged with the calendar reset. Related Reading: the shutdown’s resolution “bullish” for risk assets Another macro wildcard sits outside monetary policy. The author highlights the “Supreme Court’s decision on Tariffs: most likely sometime in December, otherwise January, timing fluid,” and frames market odds as pointing to a ruling “against Trump, which would be extremely bullish IMO, although some argue such a ruling would be bearish.” The point is less about a one-way trade and more about the breadth of plausible paths: depending on the ruling and how forward-looking positioning is into the event, crypto could either extend a policy-led risk-on move or face a whipsaw if the outcome collides with consensus. Beyond 2025’s final weeks, the roadmap sketches a decidedly constructive macro backdrop next year, at least at the start. “2026: very bullish first half of the year, driven by accommodative fiscal and monetary policies.” For crypto, that forward anchor matters because it underwrites the notion that any December drawdowns from tax effects or a hawkish-leaning FOMC could be transient if the policy impulse turns easier into 2026. Tactically, the thread even proposes a short-term trade expression around the shutdown endgame: “For BTC, I think you can probably sell a spike into the shutdown resolution around $108k-$109k (~20 DMA) then enjoy a king’s holiday and come back in by year end.” At press time, the total crypto market stood at $3.36 trillion. Featured image created with DALL.E, chart from TradingView.com

The question dominating crypto desks this week is whether the cycle is intact, and when the bull run will return. Two widely followed macro commentators sketched the same causal chain from public-sector cash management to crypto asset beta, arguing that the current drawdown is a liquidity story first and a sentiment story second—and that its reversal hinges on the mechanics of the US Treasury General Account (TGA), Federal Reserve balance-sheet policy, and the timing of Washington’s reopening. Crypto Market Awaits US Government Shutdown Resolution Macro analyst @plur_daddy on X summarizes the current state bluntly: “We are seeing the contraction in liquidity flowing through into risk markets. Naturally it first showed up in BTC and market internals within equities, and now is finally hitting the broader indices.” He describes a textbook quality rotation underway—speculative thematics “such as quantum, nuclear, drones, and alt energy have been getting destroyed,” while flows consolidate into the megacap cohort and earnings-backed momentum, notably the AI capex complex. The underlying plumbing, in his reading, is starved of bank reserves as cash piles into the TGA and quantitative tightening (QT) continues to shrink the Fed’s balance sheet. “Monetary liquidity is drawing down as the TGA has become overfilled beyond the Treasury Dept’s $850bn cap, due to mechanical factors around higher issuance, timing of specific payments, and the government shutdown. There is a broader lack of bank reserves which continues to fall below the key $3trn threshold.” His conclusion is conditional but clear: these stresses “will precipitate actions to calm market plumbing but it will take time.” Related Reading: Caution In The Crypto Market: Expert Warns Of Bearish Phase Unfolding This November On the dollar and cross-asset risk, he points to a crucial level: “The DXY has been rallying and is now approaching a key level at 101, which would be a logical point for it to top. I continue to believe the Trump administration wants a lower dollar.” The path to a crypto bottom, in his cadence, is explicitly tied to policy milestones: “The government reopening provides a clear catalyst to mark the bottom in liquidity conditions. Then, we get QT unwinding Dec 1 and then potentially more Fed actions (such as hints on bills repurchases) on Dec 10. The fiscal deficit will expand significantly starting Jan 1 as the OBBBA will fully kick in.” He characterizes Bitcoin’s behavior as resilient—“BTC has held in well despite tremendous OG selling, the aftermath of 10/10, and the factors above”—and describes his own playbook accordingly: “I currently have a sizable cash position and plan to aggressively add equities (especially the memory trade) and BTC once the government reopening looks imminent.” Hours later he added, “Bought some BTC. Seeing progress being made towards government reopening and signs that liquidity headwinds have peaked. Risk/reward here is strong with sentiment bombed out.” When The Liquidity Returns Raoul Pal, whose framework centers almost entirely on the global liquidity cycle, pushes the same thesis to its logical macro conclusion. “If global liquidity is the single most dominant macro factor then we MUST focus on that,” he writes, before distilling the next year of market structure into a single constraint: “REMEMBER — THE ONLY GAME IN TOWN IS ROLLING $10TRN IN DEBT. EVERYTHING ELSE IS A SIDESHOW. THIS IS THE GAME OF THE NEXT 12 MONTHS.” In Pal’s telling, the shutdown’s effect is immediate and mechanical—“the gov shutdown has forced a sharp tightening of liquidity as the TGA builds up with no where to spend it. This is not offset by the ability to drain the Reverse Repo (it is drained). And QT drains it further”—and crypto, as the highest-beta liquidity asset, takes the brunt. The pivot, he argues, is likewise mechanical once fiscal operations restart: “As soon as the gov shutdown ends, the Treasury begins spending $250bn to $350bn in a couple of months. QT ends and the balance sheet technically expands. The Dollar will likely begin to weaken again as liquidity begins to flow.” Related Reading: Crypto Isn’t Topping Yet: Arthur Hayes Says Stealth QE Is Near He layers on prospective policy and regulatory catalysts—“SLR changes free up more of the banks balance sheets allowing for credit expansion. The CLARITY Act will get passed, giving the crypto regs so desperately needed for large scale adoption by banks, asset managers and businesses overall. The Big Beautiful Bill then kicks in to goose the economy into the midterms”—and frames the global backdrop as additive, with China’s balance-sheet expansion and Japan’s policy mix supporting a broader risk rally. His tactical advice is to accept bull-market volatility without over-reacting: “Always remember the Dont Fuck This Up rules… and wait out the volatility. Drawdowns like this are common place in bull markets and their job is to test your faith. BTFD if you can.” The punchline comes down to a single indicator within his dashboard: “td:dr — When this number goes up, all numbers go up.” The through-line across both perspectives is the primacy of dollar liquidity—specifically, the interaction of Treasury cash balances, Fed asset purchases or run-off, and the available stock of bank reserves after the Reverse Repo Program has largely normalized. When the TGA rises without offset, it functions as a suction pump on aggregate reserves; when it falls as the Treasury spends, reserves rebuild, the marginal cost of leverage eases, and high-beta assets—crypto first—tend to outperform. Where does that leave the timing question implied by every red candle on crypto Twitter? Neither source offers a date, but both tether the next leg higher to the same sequence: a resolution in Washington that flips the TGA from hoarding to spending, visible easing in reserve scarcity as QT pauses or is unwound, a swerve lower in the dollar from resistance, and renewed fiscal impulse that re-steepens the growth impulse into 2026. At press time, the total crypto market cap stood at $3.38 trillion. Featured image created with DALL.E, chart from TradingView.com

After failing to close the week above a crucial level, Bitcoin (BTC) is attempting to hold $100,000 as support, leading some analysts to suggest that this is the make-or-break moment for the cryptocurrency. Related Reading: Solana (SOL) Loses Key Support Amid 8% Drop, Risks Major Correction To This Level Bitcoin Plunges To Physiological Barrier On Tuesday, Bitcoin saw a 9% drop from its weekly opening, dropping to the $100,000 area for the first time in months. The flagship crypto has been trading above $105,000 since late June, hovering between $108,000-$120,000 over the past four months. During the early October correction, BTC’s price briefly deviated below these crucial levels, hitting a three-month low of $102,000 before recovering. Since then, the cryptocurrency has struggled to reclaim the mid-zone of its local range, falling to the $106,000-$108,000 area multiple times in the daily timeframe. As the price retested the $100,000 level, Sjuul from AltCryptoGems noted that Bitcoin has now broken below its 10th of October low, which was “the last major level before the $98K low from the Middle Eastern war fud back in June.” Analyst Ted Pillows highlighted that BTC has two massive liquidity clusters on the longer timeframes. Per the chart, the first cluster sits around the $90,000 level, which also coincides with an open CME Gap from Q2. Meanwhile, the second cluster sits around the all-time high area at $126,000. “Given that the market is looking weak now, a dump to fill the CME gap before reversal could happen,” the market watcher warned. However, Ali Martinez suggested that a 5%-11% rebound from the current area is possible. The chart shows that Bitcoin has been trading between $101,300-$124,000 price range since May, bouncing from the lower boundary each time it was retested. If BTC holds this area, it could surge to at least $106,500 or $112,000, the analyst asserted. BTC Retests 50-Week EMA Rekt Capital highlighted that BTC had reached the 50-week Exponential Moving Average (EMA). The analyst explained that after closing below the 21-week EMA, Bitcoin was deviating below its range lows for the fifth consecutive week. The 21-week EMA has served as crucial support during pullbacks since late Q2. However, it was lost amid the recent market volatility. Last week, multiple analysts warned that closing above this level was crucial to turn it back into support and prevent a larger pullback. Per the Tuesday post, the 50-week EMA, sitting around the $100,000 level, “would probably only get tagged on confirmed breakdown from $108k,” meaning that the flagship crypto will need to close the week above this level to maintain its current price range. Similarly, Crypto Bullet pointed out that the 50-week MA retest was “the moment of truth” for BTC. Notably, the cryptocurrency has retested this indicator three times this cycle, marking the bottom of each corrective phase and the start of a new rally to a new all-time high (ATH). Related Reading: Is Crypto ‘Boring’ Now? Bitwise CEO Says The Market Is Changing The market watcher warned that losing this level would mean “it’s lights out” for the flagship cryptocurrency. However, a rebound from this area could set the stage for a price recovery and a potential bullish rally in late Q4. As of this writing, Bitcoin is trading at $100,356, a 6% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

On November 2, 2025, crypto analyst Ignas | DeFi distilled crypto’s current standoff into a clean ledger of pros and cons. The Bearish Case For Crypto The first bear pillar is the “AI bubble” overhang. Late-October headlines crystallized the debate as Nvidia briefly breached a $5 trillion market value, a milestone that sharpened concern that equity valuations tied to AI infrastructure spending may be running ahead of realized returns. Point two—“bullish news fail to pump”—was on display as “Uptober” ended with a whimper for the crypto market. Despite intermittent policy tailwinds and strong ETF inflows mid-month, both Bitcoin and Ethereum faded into month-end, and US spot ETF flows turned sharply negative over the final three trading days of October, a pattern consistent with risk aversion after the Oct. 10–11 shock. Related Reading: Is Crypto ‘Boring’ Now? Bitwise CEO Says The Market Is Changing That shock, the “10/10 crash,” is the third bear lever. The two-day downdraft followed a sudden tariff escalation threat from the White House and produced one of the largest one-day liquidations in crypto history, spurring a rush for downside hedges and leaving the market probing for “dead entities” and hidden impairments. Cycle timing is Ignas’ fourth bear note. The fourth Bitcoin halving occurred on April 20, 2024 (block 840,000). Prior cycles do not map one-for-one, but the post-halving window is a pattern which gets a lot of attention at the moment. If the “cycle is not dead,” a Bitcoin top may already be in or is looming by the end of the year. “Old OG wallets selling” is the fifth bear claimant—and, for once, the chain tells a clear story. Since mid-October, long-term holders have materially increased net distribution, with Glassnode and other trackers flagging outflows on the order of tens of thousands of BTC, alongside headline-grabbing awakenings of Satoshi-era wallets. This does not prove panic, but it does inject supply at a delicate moment. Negative ETF flows round out the bear list. Farside’s fund-by-fund ledger shows pronounced outflows on October 29–31 across several US spot Bitcoin ETFs, with total daily net redemptions exceeding $470 million on October 29 and $488 million on October 30, before another hit on October 31 (191 million). While October closed with a inflow total of 3.424 billion, the message: the “fast money” cohort that chased the summer breakout was, at least temporarily, in retreat. Buffett’s caution is the macro bear exclamation point. Berkshire Hathaway’s third-quarter print revealed a record $381.7 billion cash pile and a twelfth straight quarter as a net seller of equities—a posture that telegraphs wariness about broad risk assets and liquidity conditions even as operating earnings rise. For crypto, this is not a direct flow, but it is a bellwether for global risk appetite. The Bull Case For Crypto The bull case, however, is not hand-waving. Start with “liquidity easing & interest cuts.” The ECB has already delivered substantial easing this year and paused; the Bank of England has begun cutting; and in the US, the Federal Reserve is also expected to close out the year with two more cuts while ending quantitative tightening. Related Reading: Powell, The FOMC, And Crypto: The Message Everyone Missed Ignas also says “no clear euphoria,” and—empirically—he’s right. The Crypto Fear & Greed Index spent the past week toggling between “Fear” and low “Neutral,” printing in the mid-30s to low-40s as of November 3. That’s a long way from the 80s–90s “extreme greed” that often sets up blow-off tops, and it supports the idea that positioning is not yet dangerously crowded. Institutional adoption remains the quiet compounding force in the bull ledger. With $30.2 billion year-to-date inflows, spot Bitcoin ETFs are fueling most of the market strength. On policy, the US did more than chatter in 2025: the Senate passed, and President Trump signed, a bipartisan stablecoin law in July. A broader market-structure bill remains in play, but even the stablecoin win is non-trivial for on-chain liquidity and payments rails. Seasonality also favors patience. Since 2013, Q4 has been Bitcoin’s strongest quarter on average, with multiple cycles posting outsized November–December runs. Then there’s the stablecoin plumbing. Despite October’s chaos, aggregate stablecoin float sits around $307–308 billion and notched fresh all-time highs in mid-October—a sign that dry powder inside crypto’s own rails remains abundant and ready to mobilize if confidence stabilizes. As of today, DefiLlama pegs the total at roughly $307.6 billion. Finally, the US–China trade war has seen extremely positive progress. “This is the BIGGEST de-escalation yet. Under the new US-China trade deal, President Trump made a HUGE agreement with China: China will suspend ALL retaliatory tariffs announced since March 4th. And, China will suspend or remove ALL retaliatory non-tariff countermeasures taken since March 4th. This is not getting nearly enough attention,” The Kobeissi Letter wrote via X on Sunday. At press time, the total crypto market cap stood at $3.56 trillion. Featured image created with DALL.E, chart from TradingView.com

As the market awaits the Federal Open Market Committee (FOMC) meeting, Ethereum (ETH) is attempting to hold the $4,000 area as support. Despite the volatility, some analysts have predicted that the King of Altcoins may soon start its long-awaited price discovery rally, while whales pour millions into the cryptocurrency. Related Reading: Bitwise CIO Predicts Solana Staking ETF Will Be ‘Huge’ As First Day Volume Hits $56M Ethereum Price Set For $8,000 On Wednesday, Ethereum fell below the $4,000 level once again, falling to a two-day low of $3,926. After a massive Q3 rally, the King of Altcoin has struggled to hold the crucial psychological barrier as support and has been unable to reclaim the $4,200 resistance for most of October. Earlier this week, the cryptocurrency retested the key resistance level after surging 7% over the weekend, but retraced on Tuesday alongside the rest of the market. Amid this performance, some analysts suggested that ETH will likely experience more volatility, fueled by the Federal Reserve (Fed)’s interest rate cut announcement. Daan Crypto Trades noted that ETH’s big test is around its previous cycle highs near the $4,100 level. To the trader, “this is the level to break and hold if the bulls want to get back to the highs in due time.” On the contrary, a new rejection from this area could send the price to retest $3,800 and turn the level into a major resistance in the larger timeframes. Nonetheless, Crypto Yhodda stated that Ethereum is “getting ready for the last euphoric run,” as its performance resembles its 2021 price action, when the altcoin recorded a massive price discovery rally after breaking out of its four-year consolidation. Similarly, analyst Crypto Jelle asserted that shakeouts at key support levels are expected, adding that the cryptocurrency’s rally “still looks very promising.” Jelle highlighted an 18-month bullish megaphone formation on Ethereum’s chart, which it broke out of during the Q3 rally. The analyst emphasized that ETH is still holding the previous highs and the breakout level as support, suggesting that a “hated rally” to the $8,000 target could happen soon. Whales Bet Big On ETH Online reports highlighted that large-scale investors have been on a buying spree despite the altcoin’s pullback. As reported by NewsBTC, Santiment data showed that whales added 218,470 ETH in the past week, signaling that major investors are gradually re-entering the market. Meanwhile, on-chain analytics platform Lookonchain revealed that whales continued to buy ETH over the past 24 hours. Notably, two newly created addresses received a total of 33,948 ETH, worth $135 million, from digital asset prime brokerage FalconX on Wednesday morning. According to Lookonchain, the two addresses likely belong to BitMine, the largest Ethereum-based treasury company, which recently unveiled another 27,316 ETH purchase, worth $113 million. Related Reading: Solana, Litecoin, Hedera ETFs Ready? Experts Expect Tuesday Launch Despite Goverment Shutdown In a Monday X post, BitMine provided its latest holdings update, which now surpasses the $14.2 billion mark. As of October 27, the company holds 3,313,069 ETH, 192 BTC, an $88 million stake in Eightco Holdings for its “Moonshot” initiative, and unencumbered cash of $305 million. A month ago, BitMine revealed it had reached the 2% milestone of its goal to own 5% of Ethereum’s total supply. With the recent purchases, the company has achieved 55% of its goal, currently holding 2.75% of ETH’s supply. As of this writing, ETH is trading at $3,990, a 3.5% drop in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

A recent MEXC Q3 report highlighted the strong performance of the crypto market during the last quarter, which saw active traders surge as the total crypto market capitalization climbed to the $4 trillion mark. Related Reading: Fetch.AI CEO Offers Reward To ‘Uncover’ Ocean Protocol’s Alleged $120M FET Dump Spot Market Sees Strong Q3 Performance On Wednesday, crypto exchange MEXC published its Q3 2025 Ecosystem & Growth Report, highlighting sustained expansion, robust user activity, and security from the previous quarter. According to the report, the exchange experienced strong activity and trading momentum during the market run between July and September, with over 680 new tokens added to the crypto exchange in Q3, representing a 17% increase from Q2. Moreover, the number of active users trading new listings in the exchange increased 16%, while the trading volume for these tokens surged 97%. The report also noted that the spot market had a “particularly robust” performance last quarter, with the top 10 highest-volume tokens recording an average peak gain of 2,933%, a 158% jump from Q2. Notably, memecoins, AI + Web3, Perpetual Decentralized Exchanges (DEXs), and stablecoin protocols were among the dominant narratives, with tokens like STBL, Chainbase (C), and DeAgentAI (AIA) showing remarkable 500% to 12,00% performances. Meanwhile, the BSC ecosystem outperformed all other ecosystems, taking six of the top 10 tokens by growth in the crypto exchange. The report detailed that BSC projects produced an average return of over 9,000%, including TALE, BAS, and MEAL. It’s worth noting that the BSC outperformed other networks in DEX activity earlier this month, with data showing that it recently ranked first across all chains, surpassing Ethereum and Solana on DEX daily trading and chain fees. Additionally, BSC reached a new all-time high (ATH) of 5.02 trillion gas used in a single day two weeks ago. MEXC also highlighted that BSC’s strength was matched by the Ethereum and Base ecosystems, which recorded strong performance with GAIA, ERA, and Avantis (AVNT), “representing the growing cross-chain vitality of Layer-2 and DeFi derivative protocols.” Crypto Losses Trend Slows Down The report revealed that the crypto exchange intercepted 48 fraud cases last quarter, freezing nearly $5 million in illicit funds. As part of its efforts to prevent fraud, it also restricted more than 19,000 suspicious accounts, including 17,000 collusive accounts and over 2,000 bot-trading accounts. Notably, a concerning trend that has been developing this year, which could drive theft from digital asset services to a new milestone by the end of 2025. According to Chainalysis, crypto theft this year has been “more devastating” than the entirety of 2024, with over $2.7 billion worth of funds stolen from crypto services in the first half of 2025. Related Reading: Bitcoin (BTC) Price Eyes $114,000 Retest Amid Bounce, But Analyst Suggests Caution As reported by NewsBTC, hacks significantly increase at the start of Q3, driving over $100 million in losses for exchanges. Q2 showed a diminishing trend in total crypto losses, with May and June recording 40% and 56% month-on-month (MoM) declines, respectively. This trend briefly shifted in July as the total value of stolen funds surged 27.2% from the previous month. Nonetheless, recent reports show that total funds lost to crypto hacks and exploits dropped around 37% in Q3, despite the market rally and initial trend. Featured Image from Unsplash.com, Chart from TradingView.com

After a remarkable start to ‘Uptober,’ Bitcoin (BTC) has recently seen significant volatility, retesting multiple crucial levels. As the price bounces from the $110,000 mark, some analysts have suggested that BTC’s rally won’t restart until a key area is reclaimed. Related Reading: Chinese Investment Bank Eyes $600 Million Raise For BNB Treasury Company Bitcoin Needs Key Reclaim For New Highs Over the past week, Bitcoin’s price has fluctuated between its range’s lower and upper boundaries, hitting both a new all-time high (ATH) of $126,000 and a three-month low of $102,000. Notably, the crypto market saw one of the largest liquidation events in history on Friday, which briefly sent BTC’s price below $107,500. The flagship crypto quickly bounced from the lows and reclaimed the $110,000 barrier as support over the weekend, attempting to reclaim the $116,000 level twice since Sunday. Analyst Ted Pillows noted that holding the crucial $110,000-$111,000 zone could set the stage for a bounce back to the high of its three-day range, but warned that losing this area could send the price to the $107,000 support before a reversal. Similarly, Daan Crypto Trades highlighted that despite the pullback, BTC’s range between $107,500-$124,000 has held and the key horizon levels have been respected, with “many large pivots and moves happening from these areas.” The trader suggested that Bitcoin will likely continue to “chop” within the range’s mid-zone, where most price action has occurred since Q3, until it reclaims and retests $117,000 as support. To achieve this reclaim, analyst Rekt Capital pointed out BTC must show continued stability around the $114,000 area as it has “historically preceded upside into at least $117.3k.” He noted that on the previous occasions when the price Daily Closed above this level, Bitcoin was able to rally to at least $117,300, even if the bounce eventually led to more downside action. Nonetheless, “for bullish bias, it’s important $117.3k doesn’t turn into a resistance on this current move and so Bitcoin will need to Daily Close above $117.3k to continue towards $120k over time,” the analyst warned. BTC’s Macro Structure Shows Strength Rekt Capital highlighted that BTC managed to maintain its macro bullish market structure, continuing to “print progressive Higher Lows despite the drastic downside, which is a sign of strong continued premium-buying behaviour on price pullbacks.” He also noted that Bitcoin has been consolidating within the $108,000-$116,000 levels in the monthly timeframe, upside wicking beyond the range high and downside wicking below the range low since July. The analyst suggested that the downside wicks could be a positive sign since “it signifies a liquidity grab at lower price levels that could add the necessary fuel to attempt a Macro Range breakout.” “As a matter of fact, Bitcoin has been upside wicking beyond the $116k Range High far more frequently in recent months compared to the downside wicking below the $108k Range Low, which is a testament to the Range Low’s role as a stable higher timeframe support,” he explained. Related Reading: Analyst Sends Message To XRP Investors: If You Don’t Do This, You’ll Get Wrecked Rekt Capital added that a downside wick below the range low was inevitable, as the price had not experienced such volatility in months. He concluded that holding the $114,000 support in the weekly timeframe is the key level for a new challenge of the Range Highs. As of this writing, Bitcoin is trading at $112,610, a 2.7% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Amid the recent market volatility, Solana (SOL) has lost a crucial area for the first time in over a week, leading some analysts to forecast a potential drop toward the $200 support and below in the coming days. Related Reading: Major Event Management Platform Raises $2M To Expand Stablecoin Payments Across Entertainment Industry Solana Pullback Eyes $200 Retest Solana fell from the $225 area and recorded a 6.6% intraday retrace below the $210 level for the first time in two weeks. Notably, the cryptocurrency has been trading within the $210-$245 levels over the past month, briefly losing this range during the late September pullback. As “Uptober” arrived and the overall crypto market recovered, the altcoin bounced from the recent lows, reclaiming the mid-zone of its local price range. Over the past week, SOL traded within the $220-$235 area, retesting both the upper and lower boundaries of this zone throughout this week’s volatile market performance. Multiple market watchers warned that losing $215-$220 area could determine whether SOL’s short-term rally was at risk. On Friday morning, the altcoin lost this crucial zone, hitting a one-week low of $207. Analyst Crypto Batman forecasted that Solana would likely head lower before bouncing, highlighting two key support areas. He suggested that the altcoin’ could retrace deeper into its Bullish Fair Value Gap (FVG), between $210-$220, which previously served as a key resistance level. However, if the price continues to fall, he pointed out that a retest of SOL’s two-month ascending trendline, currently around the $200 mark, would be possible. This trendline was tested as support in late September, when the altcoin fell to the $190 level. Similarly, Crypto analyst Man of Bitcoin had affirmed that holding the $216 level was crucial to preserve a bullish scenario in which the cryptocurrency rallied toward the $270 without major pullbacks. The analyst cautioned that losing this area would invalidate the bullish setup and likely push the price down toward the local range lows, potentially risking a drop to the $200 barrier. SOL’s Make-Or-Break Level Meanwhile, market watcher Follis recently stated that SOL has “one of the cleanest” high timeframe charts in the market. He noted that Solana’s 100-day Exponential Moving Average (EMA) indicator in the daily chart holds “the key.” Notably, this indicator, currently sitting around the $200 area, has been tested as support and bounced from each time the cryptocurrency has failed to break a major resistance level since August. Based on its recent performance, if the altcoin holding the EMA100 on the daily timeframe could see a rebound and target the range highs. On the contrary, if this level is lost, the cryptocurrency risks falling to the September lows. Related Reading: BNB Chain Memecoin Season? 70% Of Investors In Profit As Four.Meme Surpasses Pump.Fun Despite the short-term correction, some analysts remain optimistic about SOL’s end-of-year rally, suggesting that it will continue its path to new highs after the retrace. “$320 remains the target,” Trader Koala affirmed, “Pullback first though.” As of this writing, Solana is trading at $205, a 12.1% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the crypto market rallies, BNB continues to hit new record levels, surpassing some of the largest cryptocurrencies by market capitalization and leading some analysts to suggest that its end-of-year run has just started.   Related Reading: Ethereum 23% Rally Pushes BitMine’s ETH Treasury Holdings To $13.4 Billion BNB Sees 30% Weekly Run   After a massive Q3 rally, BNB has started the last quarter of the year with a remarkable 30% rally. Over the past week, the cryptocurrency has recorded four new all-time highs (ATHs), climbing the list of top cryptocurrencies by market capitalization.  The altcoin recovered from the late September pullback a week ago, reclaiming the $1,000 barrier. At the time, Analyst Ali Martinez suggested that turning this level into support would set the stage for a 30% rally toward the $1,300 target as part of its bullish breakout from its macro range. Notably, BNB had been trading within the $200-$700 price range since 2021, finally breaking out of this zone during the Q3 rally.  On Tuesday, the altcoin jumped 7% and hit a new record high of $1,330, reaching a market capitalization of $182 billion. According to CoinGecko data, BNB surpassed Tether (USDT) and XRP, becoming the third-largest cryptocurrency by this metric, only behind Bitcoin (BTC) and Ethereum (ETH).  Following this performance, some market watchers have raised BNB’s price target to higher levels, suggesting that its end-of-year bull run may just be starting. Analyst NekoZ recently affirmed that the cryptocurrency was “executing a master class in trend continuation,” highlighting its performance over the past three months.  According to the chart, the altcoin has had two key breakouts since July, each followed by price expansion to new highs. Now, BNB appears to be repeating the same setup, which targets the $1,500 barrier next.  Similarly, Crypto Patel considers that if momentum continues throughout the Q4 run, the cryptocurrency could be heading for another 53% rally toward his second cycle target of $2,000. “You can doubt targets, but not momentum,” he wrote on X.   Rally Pushes Corporate Holdings To New Highs Amid its bullish rally, Nasdaq-listed CEA Industries, the world’s largest BNB Treasury Company, announced that its total Digital Asset Treasury (DAT) strategy holdings have reached a total of $663 million in assets.  The company shared that it now holds a total of 480,000 BNB tokens as part of its goal to own 1% of the altcoin’s total token supply by the end of 2025. According to the Tuesday statement, the company’s total investment amounts to approximately $412.8 million, with an average acquisition cost of $860 per token, and an estimated BNB value of $585.5 million by October 6. David Namdar, CEO of CEA Industries, commented on the milestone, stating: “BNB’s all-time highs are a clear validation that the global markets are waking up to the inherent value, credibility, scale, and utility of both the asset and underlying ecosystem.” It’s worth noting that the ecosystem has also seen a strong performance throughout the past few months, with multiple projects built on the network leading in terms of profitability.  On Monday, BNB Chain revealed it had adopted Chainlink’s data standard to bring official US Department of Commerce (DOC) data directly to its blockchain.  Related Reading: BNB Price Hits $1,240 Record High: Partners With Chainlink For On-Chain US Economic Data Last month, decentralized oracle provider Chainlink announced its collaboration with the US DOC to deliver crucial macroeconomic data from the Bureau of Economic Analysis (BEA) to ten blockchain ecosystems Moreover, Kazakhstan recently announced the launch of its first crypto reserve, the Alem Crypto Fund, with Binance Kazakhstan as the strategic partner, aimed at long-term investment in digital assets. As part of the partnership, Alem Crypto Fund made BNB its first investment. Featured Image from Unsplash.com, Chart from TradingView.com

As BitMine continues to bet on Ethereum (ETH), the King of Altcoins is eyeing a crucial resistance level that could set the stage for a new breakout, leading some analysts to suggest that a new all-time high (ATH) is around the corner. Related Reading: TRX Repeats Its 2021 Setup: Volume Cooldown Signals Smart Money Accumulation Ethereum Ready For New Highs? On Monday, Ethereum rallied to a multi-week high of $4,718 following the start of the “Uptober” market rally that has sent Bitcoin (BTC) and BNB to new highs. Notably, the King of Altcoins has bounced 23% from the recent September correction, which sent the cryptocurrency’s price to a local low of $3,815. Now, ETH nears the upper boundary of its macro range high for the first time in almost a month. The altcoin has been trading within the $3,600-$4,800 price range since the early Q3 breakout, which also served as a crucial area during the 2021 ATH rally. After retesting the range’s mid-zone last week, some analysts suggested that a weekly close above the $4,200 mark would enable its price to reclaim the $4,600 area and position itself for new highs. Meanwhile, other market watchers noted that breaking past the $4,500 resistance would set the base for a challenge of the macro range highs. Since then, the cryptocurrency has reclaimed those two crucial levels, closing the week around the $4,514 area and currently attempting to turn the $4,700 mark into support. Amid this performance, Titan of Crypto highlighted that ETH has broken out of a “textbook continuation pattern” on its weekly chart. He previously signaled that the cryptocurrency needed to break out of its bull flag formation for a potential 50% run. According to the analyst, after reclaiming the $4,500 mark, Ethereum now eyes a rally toward the $6,900 target. Meanwhile, Crypto Jelle forecasted that ETH’s main target remains around the $10,000 mark. Per the post, Ethereum “looks ready for continuation” after breaking out of its multi-year bullish megaphone pattern and retesting its upper boundary as support. BitMine’s ETH Treasury Hits $13 Billion Throughout Ethereum’s recent correction and price recovery, corporations have continued to bet on the King of Altcoins, pouring millions of dollars over the past week for their ETH-focused Digital Asset Treasury (DAT) strategies. BitMine, the largest Ethereum-based treasury company, announced that it had increased its holdings in the past week. In a Monday statement, the second-largest crypto treasury in the world revealed that its ETH holdings had surpassed the $13 billion mark. In late September, the company shared it had achieved the 2% milestone of its goal to own 5% of Ethereum’s total supply, with a total of 2.4 million ETH tokens. Now, BitMine holds $13.4 billion in assets, including 2,830,151 ETH, 192 BTC, $113 million stake in Eightco Holdings for its “Moonshot” initiative, and unencumbered cash of $456 million. The company is also the 28th most traded stock in the US, the announcement noted, with an average daily volume of $2.5 billion, according to 5-day average data from Fundstrat. Related Reading: XRP Could Mirror 2017 Style Surge: Here’s How High The Price Will Go If It Happens BitMine’s chairman, Thomas “Tom” Lee, shared that the company spent the past week at the TOKEN2049 conference, which took place in Singapore, where their team “sat down with Ethereum core developers and key ecosystem players.” Following the event, the company remains “confident that the two Supercycle investing narratives remain AI and crypto,” he affirmed, adding that “these two powerful macro cycles will play out over decades.” “Naturally, Ethereum remains the premier choice given its high reliability and 100% uptime,” he concluded. As of this writing, ETH is trading at $4,710, a 13% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the market recovers, Bitcoin (BTC) is kicking off the weekend on a positive note by reclaiming another crucial support level. Some analysts suggest that the cryptocurrency is setting the stage for a new price discovery rally, which could start sooner than expected. Related Reading: Solana (SOL) ‘Uptober’ Begins With $220 Retest – Is It Ready For Second ‘Expansion Wave’? Bitcoin Eyes Third Price Discovery Uptrend On Friday, Bitcoin jumped nearly 3% to hit a two-month high of $123,894. The flagship crypto has seen a massive recovery from last week’s correction, surging 14% from the local lows. Earlier this week, BTC reclaimed the $115,000-$117,000 area, which served as a key support zone during the early Q3 rally, before surging to the crucial $120,000 barrier on Thursday. Amid its bullish performance, analyst Rekt Capital highlighted that Bitcoin was able to secure a daily close above this level, skipping a retest of the recently reclaimed $117,000 mark. He explained that a daily close above $120,000, followed by a successful post-breakout retest, has historically preceded a move to the $123,00 resistance, with a nearly identical daily performance leading to the mid-August all-time high (ATH) of $124,474. Meanwhile, market watcher Ted Pillows noted that if BTC successfully holds the $120,000-$121,000 zone, it will reach highs soon. On the contrary, he warned that losing this area could lead to a retest of the $117,000 as support. Nonetheless, he considers that Bitcoin’s price might not see another massive correction in the short term, as history suggests the cryptocurrency might have bottomed during the late-September pullback. “BTC historically bottoms in September. Since 2016, Bitcoin has bottomed 7 times in September. (…) Historically, this means BTC bottom is most likely in and it won’t go lower than $107K,” he asserted. Analyst Crypto Jelle forecasted that price discovery could resume as early as next week, pointing out that holding the $120,000 level as support over the weekend and closing above it in the weekly timeframe would set a strong base for the long-awaited Q4 rally. Is BTC’s Top A Few Weeks Away? As the flagship cryptocurrency is on the “cusp of entering Price Discovery Uptrend 3,” Rekt Capital also shared a potential timeline for Bitcoin’s cycle top based on its previous post-halving performances. The analyst previously shared his 2025 roadmap for BTC’s rally, suggesting that it could see an extended cycle or potentially enjoy a third Price Discovery Uptrend before the bear market, which would push the cycle peak into deeper stages of 2025. In a video analysis, he suggested that BTC’s top could arrive in the next two weeks to two months. As he explained, Bitcoin peaked around 520 days after the 2016 Halving event, while it topped nearly 550 days after the 2020 event. If it had repeated its 2017 timeline, BTC would have had to peak around September, meaning that the August ATH was the cycle top. The analyst dismissed this possibility, suggesting that a repeat of its 2021 price action was more likely. In this case, BTC would need to peak in the next two weeks. Related Reading: Analyst Forecast Ethereum (ETH) Breakout To $6,900 As Price Retests Crucial Resistance However, Rekt Capital laid a third scenario in which Bitcoin tops around mid-November. This timeline would follow the theory that the cycle peak timeline is increasing by 30 days at a time, signaling that this cycle’s peak would happen around the 580-day mark post-halving. “If we are looking at the four-year cycle, the most important thing is to just wrap everything up in candle one. That’s historically what’s been the case,” he explained. “So, at least two weeks and maybe still a month and a half to a maximum of two months. But beyond that, I don’t think we’ll be lengthening.” Featured Image from Unsplash.com, Chart from TradingView.com

As the crypto market kicks off October with a remarkable recovery, Ethereum (ETH) is attempting to turn the $4,500 level into support after nearly two weeks. Some analysts forecast that a breakout from this crucial area could set the stage for a massive 50% rally in Q4. Related Reading: Solana (SOL) ‘Uptober’ Begins With $220 Retest – Is It Ready For Second ‘Expansion Wave’? Ethereum Retests Next Major Resistance Ethereum has bounced 17% from last week’s lows and is retesting the next crucial level to reclaim. The cryptocurrency started this week by recovering from the recent market correction, which sent its price to a multi-week low of $3,815. Since then, the King of Altcoins has reclaimed the mid-zone of its macro range and broken past a major sell wall located around the $4,200-$4,300 levels. Amid this performance, market watcher Ted Pillows highlighted that the next two major resistance levels to reclaim before a new all-time high (ATH) are $4,500 and $4,750. Similarly, Ali Martinez detailed that the $4,505 area is “one of the most important resistance levels to watch for Ethereum,” according to the UTXO Realized Price Distribution (URPD) metric. A rejection from this major level could lead to a retest of the $4,250 support, and potentially risk a new price drop if ETH breaks below it. Previously, some analysts cautioned that losing this area could open the gates for a fresh breakdown toward the macro range lows. On the contrary, reclaiming the $4,500 resistance would set the base for a challenge of the macro range highs, around the $4,800 level, in the coming weeks. Market watcher Lluciano pointed out that ETH appears to be forming a triangle formation since early August. He suggested that breaking out of this pattern could kick off a rally toward a new high above the $5,000 barrier, affirming, “Q4 is here, ETH new wave is imminent.” Meanwhile, Titan of Crypto highlighted a weekly bull flag pattern forming on ETH’s chart. According to the analyst, a breakout from the formation’s upper boundary, around the $4,500 area, could send the price into a 50% rally toward the $6,900 mark. ETH’s Weekly Close Could ‘Turn It All Around’ After closing September above the $4,100 area, analyst Rekt Capital affirmed that Ethereum is potentially developing a Monthly Bull Flag within this macro range. He explained that the cryptocurrency must reclaim the $4,200 in the higher timeframes to continue building on the formation’s base. Notably, closing the month below this level technically means ETH’s price is positioning for a bearish retest despite the current bounce, the analyst detailed, as it represents the mid-zone of the macro range. Nonetheless, Rekt Capital considers that “even though the Monthly Close wasn’t very appealing, price just needs to Weekly Close above the $4.2k mid-range to turn it all around.” He noted that the cryptocurrency displayed a similar performance in late 2021 and this past July, weekly closing above this level and post-breakout retesting it as support. This technical sequence enabled the price to reclaim the $4,600 area and position itself for new highs. Related Reading: BNB Eyes New Highs As Price Reclaims $1,000 – Is A 30% Rally Coming? “If ETH can soon Weekly Close above blue and retest it back into support, then there’s a good chance for a revisit to $4.6k being on the cards in the future,” he concluded. As of this writing, Ethereum is trading at $4,502, a 4.1% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the market stabilizes from last week’s correction, BNB is attempting to hold a crucial area that could set the stage for a rally, leading some analysts to suggest that the next leg up could be around the corner. Related Reading: Ethereum Ready For Round 2? Analyst Forecasts Early October Rally Amid $4,200 Retest Kazakhstan Adoption Pushes BNB To $1,000 Nearly two weeks after breaking above the $1,000 milestone for the first time, BNB is attempting to hold this key area as support following the recent market pullback. The cryptocurrency has recorded a massive multi-month rally this quarter, surging 54% since the July opening. Over the past month, the cryptocurrency has climbed 16% from the start-of-September lows, turning the crucial $800-$900 zone into support before surging toward its latest all-time high (ATH) of $1,083 nine days ago. Nonetheless, the altcoin’s massive run was halted during the end-of-month pullback, which saw most cryptocurrencies, including Ethereum (ETH) and Solana (SOL), hit multi-week lows. BNB dropped over 10% from last week’s high, losing the critical $1,000 breakout level on Friday. During the pullback, the altcoin retested the $930 level as support, bouncing off this level over the weekend and reclaiming the crucial barrier yesterday morning. The recent price surge was driven by Kazakhstan’s announcement of its investment in the altcoin. On Monday, Kazakhstan announced the launch of its first crypto reserve, the Alem Crypto Fund, aimed at long-term investment in digital assets. According to the statement, Binance Kazakhstan is the strategic partner of the fund, which was established by the Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan. As part of the partnership, Alem Crypto Fund made BNB its first investment. Nurkhat Kushimov, General Manager of Binance Kazakhstan, stated that “The fund’s choice of BNB as its first digital asset highlights the trust in the Binance ecosystem and marks a new chapter for institutional recognition of cryptocurrencies in Kazakhstan.”   Price Discovery Continuation In Q4? It’s worth noting that the BNB Chain ecosystem also saw a strong performance, with multiple projects built on the network leading in terms of profitability. As reported by NewsBTC, BNB Chain projects led Binance Wallet’s top ten Initial DEX Offerings (IDOs) list with up to 2,000x historical returns, while BSC projects led the top five Alpha trading volume rankings. Market watcher Daan Crypto Trades suggested that neither BNB nor BSC-related tokens’ rally is over yet, as the “market is eager for a narrative or chain to gamble on.” Analyst Ali Martinez affirmed that the token “still has many legs up,” suggesting that successfully holding this level could target new highs. The analyst previously stated that BNB’s price targets the $1,200-$1,300 area as part of its bullish breakout from its macro range. Turning the current area into support in the higher timeframes could set the stage for a price discovery continuation with a 20%-30% run in the coming months. On the contrary, a rejection from this level could see the price retest the $900-$930 area again. Related Reading: The Bitcoin Long: Bybit Traders Push BTC Taker Buy/Sell Ratio Above 24 Similarly, Altcoin Sherpa asserted that the cryptocurrency “has been the strongest major to recover so far from the dump,” adding that another rally later in the year is possible. As of this writing, BNB is trading at $1,002, a 1.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Solana (SOL) could be near the long-awaited price discovery phase after climbing to a seven-month high. However, an analyst suggested investors remain cautious, as the market rally is “closer to the end than the beginning.” Related Reading: Avalanche (AVAX) Hits 7-Month High After Key Resistance Breakout – Analysts Eyes $40 Next Solana Eyes Last Major Resistance On Friday, Solana reached a seven-month high of $241.84 after breaking out of its consolidation range earlier in the week. The cryptocurrency had been trading within the $120-$220 price range since the start of February, failing to reclaim the range’s high during the recent short-term recoveries. The ongoing rally has sent the cryptocurrency past multiple crucial barriers, “getting close to the final resistance,” analyst Crypto Jelle stated. He highlighted that SOL has been “quietly pushing higher, without anyone paying attention,” climbing 20% since Sunday. Now that the altcoin is attempting to reclaim the $240 area as support, the analyst pointed out that Solana has “one last hurdle to overcome” before price discovery.  According to the post, if SOL reclaims the $250 level, “the sky is the limit,” as this area has been a crucial macro resistance level over the past two years. To the analyst, turning this level into support could set the base for a rally to $600. Similarly, analyst Ali Martinez suggested that SOL’s main target sits at around the $1,314.41 level after the altcoin broke out of a massive three-year cup and handle pattern. Nonetheless, Altcoin Sherpa issued a warning to investors on X, stating that “Now is NOT the time to ape in gigantic.” He asserted that despite thinking that Solana, Ethereum (ETH), and BNB “generally go higher from here, (…) the bulk of the move is done for these.” The analyst explained that he will remain bullish “until shown otherwise,” and expects a great performance in the coming months, but noted that the bull run is “closer to the end than the beginning.” “We are lucky that the marginal buyers are Tradfi with these DATs but with Saylor not buying as much, hard to tell where the next set of flows come from,” he stated. ‘SOL Season’ Momentum Grows Bitwise’s CIO Matt Hougan recently forecasted a bullish Q4 rally for Solana, affirming that the cryptocurrency has “all the ingredients (…) for an epic end-of-year run.” He suggested that it could start a “Solana Season” fueled by exchange-traded funds (ETFs) and strong corporate treasury purchases. Notably, multiple spot Solana ETFs are awaiting the approval of the US Securities and Exchange Commission (SEC) after the regulatory agency delayed the decision deadline last month. As a result, issuers and investors are expecting a positive outcome around the first half of October. Additionally, the recently launched Solana Treasury company, Forward Industries Inc., announced it had successfully closed its private investment in public equity (PIPE) financing on September 11, securing gross proceeds of approximately $1.65 billion for the Company. As reported by NewsBTC, Galaxy Digital, Jump Crypto, and Multicoin Capital announced their plan to establish the SOL treasury company to purchase the cryptocurrency, stake it, and generate excess returns. Related Reading: Bitcoin Breakdown Averted? Analyst Says This Level Will Determine BTC’s Fate “Forward Industries intends to use the net proceeds from the offering primarily to purchase SOL, the native digital asset of the Solana blockchain,” the company reaffirmed in its Thursday statement. As of this writing, SOL is trading at $239.86, a 6.1% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Avalanche (AVAX) has reclaimed a crucial level as support after its recent rally, fueled by multiple bullish developments for the ecosystem. Some analysts forecast a massive rally toward the start-of-year highs if the momentum holds. Related Reading: Solana Season Next? Bitwise CIO Eyes ‘Epic’ Q4 Run Fueled By Corporate Demand Avalanche Eyes 35%-40% Rally On Thursday, Avalanche hit a seven-month high of $29.99 after breaking out of its multi-month accumulation range and turning the $26.50 resistance into support for the first time since February. The cryptocurrency has been rallying over the past few days, currently printing five consecutive green candles in the daily timeframe. Analyst Sjuul from AltCryptoGems noted that AVAX had been pushing on the key resistance, holding a series of higher local lows before smashing past this area. A breakout from this resistance level could set the stage for a rally to the start-of-year range between $40-$45, the market watcher signaled in a previous analysis. Similarly, Rekt Capital highlighted that Avalanche had been “working to build a cluster of stability” since late July, which resembles the mid-2024 re-accumulation range that preceded Q4 2024’s breakout. According to the analyst, “if repeated, could open the green pathway toward the red resistance region that is increasingly confluent with the Macro Wedge top.” He explained that AVAX has been forming Higher Lows in the weekly timeframe, positioning the price slightly higher with each retest. As a result, a weekly close above the $26 area, followed by a successful post-breakout retest, would enable AVAX price to reclaim the $30 resistance region and attempt to retest the Macro Wedge Top, currently around the $35 mark. Market watcher CW pointed out that Avalanche’s next sell wall exists around the $35-$36 area, suggesting that the cryptocurrency could retest this level in the coming days if momentum continues. Meanwhile, the next major support zone sits around the $24 level, which could be revisited in case of a rejection from the key resistance. Crypto Treasuries, Partnerships Drive Momentum As the market turns green again, multiple bullish developments have also fueled AVAX’s rally. According to recent reports, the Avalanche Foundation, the nonprofit behind the project, is seeking to raise $1 billion to establish two US-based crypto treasury vehicles. One of the deals, led by Hivemind Capital and advised by SkyBridge’s founder Anthony Scaramucci, aims to raise up to $500 million in a private investment in a Nasdaq-traded company. It is expected to be completed by the end of September. The other deal, which is expected to be closed in October, seeks to raise the same amount and involves a special purpose acquisition (SPAC) vehicle sponsored by Dragonfly Capital. Notably, the funds from the two deals will reportedly be destined to purchase millions of AVAX from the Avalanche Foundation’s reserves, which could continue to fuel momentum for the cryptocurrency. Related Reading: Bitcoin Breakdown Averted? Analyst Says This Level Will Determine BTC’s Fate Meanwhile, Ava Labs secured a strategic partnership with Toyota Blockchain Lab to build a blockchain-based system, the Mobility Open Network (MON), designed to pave the road for new emerging use cases, including robotaxi fleets. Additionally, the company behind the Avalanche Network also signed a Memorandum of Understanding (MoU) agreement with WeBlock to push Real-World Asset (RWA) tokenization and stablecoins in South Korea. As of this writing, Avalanche trades at $29.04, a 22.7% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin (BTC) is attempting to reclaim a crucial level as support after bouncing from the recent drop below $115,000. Nonetheless, some analysts warned that the cryptocurrency is entering a corrective phase with a potential 15%-25% drop. Related Reading: Analyst Predicts ‘Utility Run’ Will Send XRP Price To $100 Bitcoin Risks Drop Below $110,000 On Monday, Bitcoin fell below the $115,000 level for the first time in nearly two weeks, retesting the $114,500 support before bouncing. The flagship crypto has been hovering between its local price range since August 7, hitting its latest all-time high (ATH) of $124,200 before ultimately being rejected from the range highs. Now, some market watchers have affirmed that BTC has entered a corrective phase, which could send the cryptocurrency below other crucial support levels. Ali Martinez noted that the recent rejection “came in the form of a deviation, which often signals weakness and opens the door for deeper pullbacks.” According to the analyst, Bitcoin has been trading within the $112,000-$122,000 price range, suggesting that the local bottom is the next key support level to watch as momentum leans bearish. Notably, the cryptocurrency immediately bounced from today’s drop, reclaiming the recently lost $116,500 breakout level, and nearing the $117,000 area again. To the analyst, a confirmed rebound could reset bullish momentum, sending the price to the range highs. However, if BTC’s price drops again and the $112,000 support doesn’t hold, the cryptocurrency risks triggering a $4,000 drop to the $108,000 area. Martinez highlighted that on-chain data shows a liquidity grab between these two levels. Additionally, the Accumulation Trend Score, which dropped to 0.20, signals that holders are “redistributing their Bitcoin rather than accumulating at these levels.” Has The Price Discovery Correction Begun? Analyst Rekt Capital pointed out that BTC failed to hold the crucial $119,000 level as support on the weekly chart, closing on Sunday below its weekly bull flag pattern that had been developing since early July. According to a previous analysis, turning the pattern’s bottom into resistance would be a bearish retest that would confirm the breakdown from the pattern, and potentially lead to a new retest of the $112,000 area. Amid its recent performance, he asserted that Bitcoin has entered its second Price Discovery Correction, which has historically followed the second Price Discovery Uptrend peak, between weeks 5-7. “Interestingly, the upside wick that formed last week developed right at the finish line in Week 6 before pulling back. This upside wick was crucial because it came to save the historical cyclicality that we tend to see in price action across cycles,” the analyst explained, as the previous ATH formed in Week 2 of the second uptrend. Related Reading: Ethereum Store-of-Value Evolution: From Utility Token To Digital Reserve Asset Rekt Capital suggested that Bitcoin could be transitioning into a corrective period. Nonetheless, he noted that this corrective might not last as long as previous corrections, as at this moment of the 2017 and 2021 cycles, BTC pullbacks lasted between 1-3 weeks and were 25% and 29% deep, respectively. “In both cases, these pullbacks were shorter and shallower by the standards of the previous corrections in the respective cycles,” he detailed, concluding that BTC must “ideally resolve this pullback over the next handful of weeks and perform a relatively shallow pullback of -15% to -25%.” Featured Image from Unsplash.com, Chart from TradingView.com

Miles Deutscher (631,000 followers on X) believes the crypto market is approaching a confluence of catalysts it has never enjoyed at this scale. In a thread posted on X in the early hours of August 12, the analyst wrote, “The stage is set for crypto’s biggest bull run ever,” arguing that the industry is facing “a bullish set of tailwinds/rate of change” unmatched in prior cycles. He then laid out ten drivers—spanning spot ETF demand, retirement-account access, stablecoin policy, political signaling, institutional adoption and market structure—that, taken together, form a cohesive case for another leg higher. Biggest Crypto Bull Run In History Deutscher’s starting point is hard flows. He notes that US spot Bitcoin and Ethereum ETFs have amassed “$17B net over the last 60 days (> $11B in July alone).” Whether measured against the asset class’s historical market depth or the post-launch settling period for the new Ether funds, those figures imply that passive, rules-based demand is still expanding rather than plateauing. In his framing, this is “bidding on an unprecedented scale,” the sort of sustained, price-insensitive intake that tends to reset valuation anchors and absorbs episodic selling. The thread then pivots to distribution. Deutscher highlights the recent move to allow 401(k) plans to hold crypto, calling it a “massive new pool of buyers (trillions),” even while acknowledging the implementation lag. He amplifies a scenario analysis from @thepfund (Trader T), who estimates that, under base-case assumptions, the policy shift could translate to “Total estimated demand for crypto: $131–465 billion,” with an “88% allocated to Bitcoin: $115–409 billion … [and] 12% allocated to Ethereum: $16–56 billion.” The same post posits that “IBIT could grow 3.1× to $272 billion” and “ETHA could grow 3.3× to $37 billion,” using BlackRock’s footprint in 401(k) assets as a proxy for potential uptake. The precise pace will hinge on plan-by-plan approvals and compliance plumbing, but the directionality—retirement wrappers as a mainstream bridge—is clear in Deutscher’s thesis. Regulatory clarity for the transactional layer is his third pillar. “The genius act was approved,” he wrote, arguing that the measure provides more certainty around stablecoins and “opens up the floodgates for blockchain/stablecoin adoption.” He pairs that claim with a datapoint on the monetary base of the crypto economy itself: “Stablecoins just hit a fresh ATH (> $280B cap), 22 months up straight.” In other words, not only is policy becoming more permissive for dollar-on-chain infrastructure, but the float of tokenized dollars and near-dollars—an essential conduit for liquidity, market-making and cross-border transfers—has been expanding for almost two years without interruption. For Deutscher, those two facts rhyme: clearer rules plus a growing dollar stack create the conditions for higher throughput and, ultimately, risk appetite downstream. Related Reading: Crypto Watchlist: Why This Week Could Be Massive For Bitcoin Politics, while usually orthogonal to day-to-day price action, appears in his list because the signaling has become unusually overt. “The Trump family is actively shilling ETH/crypto/tokenisation,” he wrote, framing the public posture as a visibility event for the asset class. He amplified a short post from Eric Trump—“It puts a smile on my face to see ETH shorts get smoked today. Stop betting against BTC and ETH — you will be run over.”—to argue that high-level endorsements are now part of the narrative gravity well. More Catalysts For Crypto Institutional adoption remains a core motif. Deutscher cites an SEC ownership disclosure flagged by @MacroScope17 indicating that Harvard Management Company reported a new position of 1,906,000 shares of IBIT, BlackRock’s spot Bitcoin ETF, valued at $116.6 million as of June 30. “This is a hugely important ownership disclosure,” MacroScope wrote, and Deutscher agrees on the signal value: a storied university endowment has chosen to use the ETF channel to gain exposure, validating the wrapper and, by extension, the compliance pathway for peers. Inflows data are one thing; a recognizable allocator of record is another. Momentum and market behavior fill out the tactical half of his list. He points to Ethereum reclaiming $4,000—a multi-year level that, in his view, “gives it real momentum to push back toward (and beyond) its 2021 ATH.” He also argues that both majors have shown resilience—“BTC & ETH refuse to break down, even with heavy FUD”—which he reads as evidence of “seller exhaustion” meeting “sticky demand.” Related Reading: Crypto Set For $1.25 Trillion Tsunami As Trump Opens 401(k) Floodgates To underscore that take, he references @alpha_pls (Aylo), who urged traders to zoom out: “ETH/BTC has a lot of room to run and looks good on HTFs. ETH/USD looks good and it is going to break through that $4k level eventually… Ultimately, you can keep it simple: there are more buyers than sellers for the foreseeable future.” Aylo’s post also nods to potential treasury participation on the Ether side—“Tom Lee has told you his company will buy 5% of the ETH supply”—and to co-founder Joseph Lubin’s competitive posture, adding further narrative fuel to a majors-led phase. The rotation question—when and whether “altseason” reappears—features in Deutscher’s ninth and tenth points. “BTC dominance looks extremely weak, for the first time since 2024,” he wrote, framing that deterioration as a historical precursor to capital rotating down the risk curve. But he is specific about sequencing: liquidity, he says, is “more concentrated on majors/CEX, making the BTC/ETH trend cleaner,” which is “important for narrative alignment at this stage in cycle.” In contrast to late 2024, when he argues liquidity was “concentrated in the ‘trenches’—creating a less sustainable setup,” the current structure favors a strong, durable majors trend first, with healthier conditions “for an alt rotation to happen later.” Overall, Deutscher is describing a market where depth and settlement rails have thickened at the top, reducing slippage and volatility while the bid forms, before breadth expands. In his words, “The stage is set,” and if the catalysts he enumerates continue to materialize in tandem, he believes the next “explosive price move” has already begun to load. At press time, the total crypto market cap stood at $3.93 trillion. Featured image created with DALL.E, chart from TradingView.com

As Solana (SOL) attempts to reclaim a crucial level, a market watcher forecasted a massive rally for this quarter. However, some analysts suggested that the cryptocurrency will retest the range lows soon. Related Reading: Is Bitcoin’s Price Discovery Rally Over? This Week’s Performance May Hold The Answer Solana Nears Crucial Level On Tuesday, Solana surged 9.6% from the recent lows, driven by the start of Solana Mobile’s global shipments of the Seeker, its second-generation Web3 smartphone, to over 50 countries. The news propelled the altcoin to a multi-day high of $171, fueling bullish sentiment among investors before its price retraced to the mid-zone of its local range. Notably, SOL has been hovering between the $140-$180 range since the April-May breakout, attempting to reclaim the local high for the past three months. During the June correction, SOL momentarily lost its local range lows, retesting the $120-$130 zone as support. However, the cryptocurrency reclaimed its range amid the July rally, briefly breaking out of the upper boundary and hitting a five-month high of $206 two weeks ago. Since then, Solana has seen a 25% correction from the highs to the mid-zone of its local price range, currently trading between the $160-$164 levels. Amid its recent performance, analyst Ali Martinez highlighted SOL’s most crucial levels, based on the UTXO Realized Price Distribution (URPD) indicator. According to the chart, the key support area for the altcoin is around the $165 mark, where the largest supply cluster is with 44.4 million SOL, or 7.42% of the supply. As a result, Solana must reclaim the $165 level soon, or it will risk turning this key level into a key resistance, leading to further downside. Nonetheless, if this level is reclaimed, then the altcoin would have to retest the crucial resistance levels around $177 and $189, where investors have also accumulated 27.6 million and 23.6 million SOL, respectively. SOL Preparing For The ‘Real’ Run? Analyst Crypto Jelle highlighted Solana’s recent price action, asserting that SOL is “quietly trending higher” with higher lows and turning resistance levels as support. The market watcher forecasted that Solana would reach a new all-time high this quarter, as he doubts “the train stops anytime soon” once it finally breaks out of the $200 resistance. Meanwhile, Crypto Batman suggested that the altcoin will see another correction soon. To the analyst, Solana could have a 10% drop to its four-month ascending support line, which sits around the $150 level, before “the real move.” Per the chart, the cryptocurrency has bounced from this support line twice, in April and June, before rallying to local highs during the May and July price breakouts. Related Reading: Cardano Marks Historical Milestone With Governance Vote, Hoskinson Reacts Similarly, analyst Ted Pillows asserted that SOL could see a significant rally this year despite the recent underperformance, as network activity remains strong. He predicted a 10%-15% correction, affirming that “a dip towards $140-$150 before reversal is highly likely to happen.” As of this writing, Solana is trading at $$163, a 3.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As Bitcoin (BTC) continues to trade within its local range, the cryptocurrency eyes a trend continuation, aiming to go on uncharted territory again. Despite the bullish setup, an analyst suggests that investors start to become more cautious as the weeks progress. Related Reading: Injective Targets $25 Amid Crucial Breakout Attempt – New Highs In Sight? Bitcoin Bull Flag To Determine Next Move Since the early July breakout, Bitcoin has been trading within a crucial price range, hitting its latest all-time high during this period. The flagship crypto has been hovering between $114,000-$120,000, retesting the local lows on Friday before recovering the range highs over the weekend. Amid this performance, market watcher Crypto Patel highlighted that BTC is trading inside a bull flag formation in the 4H chart, which could lead to an 8%-12% move once broken out. According to the analysis, if the cryptocurrency successfully breaks above the pattern’s descending resistance, near the $120,000 mark, its price could see a surge toward the $130,000 barrier for the first time. On the contrary, a rejection from this area could send Bitcoin toward the bull flag’s support, around $114,000, once more. The analyst warned that despite the key support’s strength, a breakdown below this level would invalidate the bullish pattern and risk a drop to the $100,000 level or below. In a Monday analysis, analyst Rekt Capital also discussed BTC’s bull flag in the weekly chart. He noted that Bitcoin closed last week above the bull flag top despite the Friday drop, “preparing and positioning itself for a confirmed breakout.” Therefore, the start-of-week pullback could be considered a volatile post-breakout retest if the cryptocurrency closes this week above $119,200. The analyst explained that “price has an entire week to do that; in fact, price could downside wick below the Bull Flag bottom to form a potential Diamond-Shaped candlestick formation in the downside wicks.” “It makes sense why price needs to dip,” he detailed, “it also makes sense for price to dip via the perspective of the newly formed Weekly CME Gap.” BTC’s Rally Running Out Of Time? As Daan Crypto Trades pointed out, BTC opened the week with a new CME Gap between $118,297 and $120,035, which was immediately closed on Monday, as the price retraced to the $117,000 mark. Notably, the flagship crypto has been closing its CME Gaps at the start of the week for the past five weeks, “building quite the streak at this point.” To the trader, “the longer this goes on, the more of a self-fulfilling prophecy it will become.” Rekt Capital also highlighted that Bitcoin has entered Week 4 of its second Price Discovery Uptrend, asserting that if BTC confirms a breakout from the weekly bullish flag, then “trend continuation in Price Discovery Uptrend 2 would be achieved.” Related Reading: Bitcoin’s Rally Might Be Running on Fumes, Analyst Warns of August Turning Point He warned that the second Uptrend could not last much longer. According to the analyst, the trend continuation could fail in the coming weeks, as the cryptocurrency transitions into the Weeks 5-7 of this phase. It’s worth noting that this cycle’s first Price Discovery uptrend lasted around 6-7 weeks before reaching the local top. As a result, he considers it “would be conservative thus to become increasingly cautious as time goes on,” starting to become “cautiously optimistic” from this week on. As of this writing, Bitcoin is trading at $117,161, a 2.1% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com