Despite its choppy price action in the past seven days, the mood in the XRP camp is increasingly bullish. Particularly, XRP is witnessing a wave of bold predictions from several top crypto analysts. This comes just as a major real-world asset tokenization project promises to increase demand and utility for XRP on a global scale by tokenizing $200 million worth of assets on the XRP Ledger. Related Reading: Bitcoin’s True Value Is Higher Than $110,000, Expert Warns Not Bullish Enough On XRP? Crypto analyst CrediBULL is pushing a bold message to the XRP community: the market is still underestimating the altcoin’s bullish setup. In a post on social media platform X, he noted that XRP is currently going on its eighth month of consolidation above its previous all-time high monthly close, which is a feat that few assets in the market can match. He pointed to this extended sideways movement, especially after a strong impulse off the $0.50 level in late 2024, as evidence that XRP is preparing for a continuation of the breakout. Notably, its monthly candlestick chart shows a tight cluster of monthly candles hovering above the $2.00 range. According to CrediBULL, this structure is one of the cleanest in the crypto space, second only to Bitcoin. Image From X: CrediBULL Another major contributor to the current bullish narrative is an analyst known as Ripple Pundit, who projected a 35,000% price surge for XRP the moment Ripple announces a banking license. In his post on the social media platform, he predicted that a regulatory greenlight and the final resolution of XRP’s regulatory overhang with the SEC could trigger a significant increase in price. Similarly, market commentator SMQKE drew attention to the explosive XRP price surge in late 2017 and early 2018, during which Ripple cofounder Chris Larsen briefly became one of the wealthiest individuals in the world due to XRP’s quick rally from $0.00065 to $2.5. SMQKE noted that the last cycle was merely a glimpse of what’s coming. The next wave of adoption will be global, fully regulated, and built for scale. In his words, “2018 was just a warm-up.” Technical analyst Ali Martinez added further credibility to the bullish case by pointing out the $2.38 level as the next major resistance. This is based on on-chain data from Glassnode’s UTXO Realized Price Distribution (URPD), which shows a significant XRP volume concentrated at this price level. If XRP manages to clear this area with strong volume, it would not only overcome heavy resistance but also trigger a cascade of buying interest and a major rally. Image From X: @ali_charts Mercado Bitcoin Tokenization Deal On XRPL XRP’s underlying utility is also gaining traction beyond price charts and predictions. Mercado Bitcoin, one of Latin America’s largest digital asset platforms, recently announced plans to tokenize over $200 million worth of real-world assets (including fixed income and equity instruments) directly on the XRP Ledger. Related Reading: Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest This initiative supports the bullish thesis for XRP’s price action. At the time of writing, XRP is trading at $2.25, up by 2% in the past 24 hours. Featured image from Pixabay, chart from TradingView
Ethereum’s price action is gearing up for a surge of epic proportions, according to crypto technical analyst MasterAnanda on the TradingView platform. Ethereum has spent a majority of the past two months consolidating above the $2,425 support zone, in what might be an accumulation phase before a major breakout. Nonetheless, MasterAnanda’s analysis suggests that Ethereum is on the verge of entering its strongest bullish wave in years, with a breakout target that starts at $5,791. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Ethereum To Break Out To At Least $5,791 MasterAnanda’s weekly candlestick chart shows a large ETH wedge pattern with consistently rising lows from June 2022 to April 2025. On the other hand, price highs have been relatively flat, specifically around the March and December 2024 peaks. Ethereum’s behavior since April has been marked by low volatility and sideways movement, which often precedes large market moves. The most interesting move was when its price dropped to as low as $1,470 on April 9 before quickly rebounding and establishing a rounded bottom formation. Nonetheless, the analyst noted that Ethereum is due a major, major bullish wave. The question is not whether it will happen, but when it will. Now that the current consolidation is sitting right above trendline support, MasterAnanda argues that this formation will soon give way to a powerful bullish wave. The target is a minimum of $5,791, which is based on the 1.618 Fibonacci extension. Interestingly, the analyst noted that it is possible for the Ethereum price to reach $8,500 or higher in the longer term if it breaks above the resistance trendline, which is currently at $4,000. This prediction is backed by improving fundamentals and current on-chain data showing accumulation through Spot Ethereum ETFs. Wyckoff Accumulation Says It’s Ethereum’s Turn Crypto analyst Ted Pillows shared a separate but related analysis on the social platform X that’s based on a Wyckoff accumulation pattern playing out on ETH’s weekly chart. Pillows called the selloff to the $1,470 low in April as the “Spring” phase of Wyckoff accumulation, followed by a successful “Test” of a September 2024 support around $2,145, and the gradual move back to resistance now. According to his projection, Ethereum’s breakout will unfold in stages. The first stage is a push to $3,000, then a correction, followed by a rise to $4,000 in Q3. Only after these steps will the parabolic leg truly begin. The parabolic leg, in this case, should take Ethereum above $5,700, if the price action plays out as predicted. Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ His analysis closely aligns with MasterAnanda’s call for a minimum $5,791 target. Just as the Wyckoff accumulation pattern pumped Bitcoin to its most recent all-time high, Ethereum may be on the verge of its own spotlight moment in this ongoing 2025 bull cycle. At the time of writing, Ethereum is trading at $2,516. Featured image from Unsplash, chart from TradingView
Bitcoin is currently holding just above the $108,000 level and bulls are maintaining momentum after a volatile start to July. However, a closer look at on-chain data shows how fragile that position might be. Interestingly, two support levels, $106,738 and $98,566, are now the most important zones for bulls to defend. These levels represent clusters of addresses holding large amounts of Bitcoin, and losing them could trigger a deeper correction. Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ Bitcoin’s Support Clusters Around $106,000 And $98,000 Taking to the social media platform X, crypto analyst Ali Martinez pointed to two major support levels based on data showing Bitcoin’s purchase clusters. This data is based on Sentora’s (previously IntoTheBlock) In/Out of the Money Around Price metric among addresses that bought Bitcoin close to the current price. As shown by the metric, the most important current zones of purchase are at $106,738 and $98,566. These two zones are where massive buying activity has occurred in the past few weeks, and they could act as support in case of a Bitcoin price crash. The first zone, between $104,982 and $108,190, contains 1.68 million addresses with a total volume of 1.28 million BTC at an average price of $106,738. Below the first zone, a larger group of 1.71 million addresses holds a greater volume of 1.25 million BTC within the price range of $95,248 to $98,566, with an average price of $98,566. As long as Bitcoin continues to trade above these levels, the ongoing rally could continue to push upward. However, if these pockets of demand are broken with enough selling pressure, the leading cryptocurrency could enter into an uncertain price zone with little buying interest to provide support. Speaking of selling pressure, on-chain data shows a slowing sell pressure among large holders. According to data from on-chain analytics platform Sentora, Bitcoin recorded its fifth straight week of net outflows from centralized exchanges. The past week alone saw more than $920 million worth of BTC moved into self-custody or institutional products, mostly Spot Bitcoin ETFs. Bitcoin Needs To Break Weekly Resistance For New Highs Even with solid demand zones beneath, Bitcoin’s path to new highs is not yet confirmed. Analyst Rekt Capital weighed in with his analysis, noting that Bitcoin is currently facing a strong weekly resistance band just under $109,000. Particularly, Bitcoin is at risk of a lower high structure on the weekly candlestick timeframe chart. Rekt Capital noted that a weekly close above the red horizontal resistance line must be achieved in order for Bitcoin to reclaim a more bullish stance. That resistance, which is currently around $108,890, is acting as a ceiling for Bitcoin’s upward rally. Related Reading: Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest As such, Bitcoin would need to make a weekly close above $108,890 to position itself for new all-time highs. Unless there is a convincing break of that level, the price action of Bitcoin could be erratic and susceptible to a retracement to $106,000. At the time of writing, Bitcoin is trading at $108,160. Featured image from Unsplash, chart from TradingView
Bitcoin has held steady around the $108,000 price level in recent days. After bouncing back from a brief pullback near $105,500 on Wednesday, Bitcoin recently tested $109,000 again in the past 24 hours. A popular crypto analyst has shared a long-term “Bitcoin Bull Run Cheat Sheet” that claims that the cryptocurrency has now entered into the final phase that will lead to massive price gains. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Bitcoin Cheat Sheet Declares Start Of Final Bull Phase In a recent post on X, Merlijn The Trader released what he dubbed the “Bitcoin Bull Run Cheat Sheet.” This cheat sheet is a breakdown of Bitcoin’s past market movements that shows the distinct phases of bear markets, accumulation zones, and subsequent parabolic bull runs. The cheat sheet divides each of Bitcoin’s two previous cycles from 2014 into three colored boxes: red for bear markets, orange for accumulation, and green for bull runs. Merlijn’s chart traces this repeating structure over the past decade, showing how each bull market followed a similar rhythm that began after a lengthy consolidation period and ended with a strong price explosion. The first full cycle began with Bitcoin’s peak around $1,000 in December 2013. Following that top, the price entered a long, painful bear market that spanned into 2015. This red-box phase eventually transitioned into accumulation, where Bitcoin traded sideways between $80 and $500 for a prolonged period. The green bull run box on the chart began around early 2017, and eventually ended with a peak just below $20,000 in late 2017. According to the cheat sheet, this entire cycle from peak to new peak lasted 1500 days. Bitcoin’s second cycle kicked off after its December 2017 top. A long drawdown followed, and the bear market phase dragged Bitcoin down to $3,000 by the end of 2018. The chart marks this point with another red box, followed by the orange accumulation zone that stretched well into 2020. The cheat sheet’s green box reappeared in late 2020 right as Bitcoin broke above its previous highs. The price shot up throughout 2021 and eventually reached a new all-time high around $69,000 in November of that year. This second full cycle was shorter than the first and spanned around 1400 days from the previous top. When Will The Next Bull Run Begin? The current cycle began with Bitcoin’s all-time high in November 2021. Since then, the market has gone through its familiar sequence. A sharp decline into 2022 which bottomed around $15,000 represents the bear market phase. The decline was followed by nearly a year of sideways movement and slow recovery up until early 2025. This is represented as the orange accumulation box on the cheat sheet above. According to the analyst, Bitcoin is now in the next bull phase, and possibly the largest one yet. The chart projects a continuation along the long-term growth curve, possibly toward the $250,000 to $300,000 range over the coming year. Notably, the timeline for the entire cycle this time should take about 1,300 days from late 2021 to complete. Related Reading: Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest At the time of writing, Bitcoin is trading at $108,260. Featured image from Pixabay, chart from TradingView
Ethereum (ETH) is up 4.2% over the past seven days, trading in the mid-$2,500 range at the time of writing. Although the digital asset remains down 19% on a year-over-year (YoY) basis, some analysts are optimistic that it’s ready for a liftoff. Ethereum Enters Wyckoff ‘Liftoff’ Phase In an X post published today, crypto trader Merlijn The Trader noted that Ethereum appears to be following the Wyckoff Accumulation pattern and has successfully cleared both the ‘creek’ and ‘spring’ phases, potentially entering the ‘liftoff’ phase characterized by parabolic price action. Related Reading: Ethereum Breakout Imminent? Broadening Wedge Hints At $4,200 Surge In the Wyckoff accumulation pattern, the ‘creek’ represents overhead resistance where price struggles to break higher, while the ‘spring’ is a false breakdown below support, meant to trap bears and confirm strong hands. The ‘liftoff’ phase follows the spring, marked by a sharp recovery and breakout above resistance, signaling the start of a new bullish trend. The analyst shared the following Ethereum daily chart, which shows the cryptocurrency on the verge of a potential breakout, with its next major resistance at the $3,700 level. A successful breakout and retest of this level could set the stage for a new all-time high (ATH). Fellow crypto analyst Crypto GEMs also pointed toward Ethereum getting ready for a significant move to the upside. The analyst shared the following chart which compares ETH’s price action in 2025 to that in 2024. If Ethereum mirrors its 2024 performance, it could break above the $3,000 mark in the near term. However, not all analysts share this bullish outlook. For instance, noted crypto analyst Carl Moon shared a four-hour Ethereum chart showing the asset trading within a rising wedge pattern. He cautioned that unless ETH breaks out of this formation, it may face a drop to $2,200. To explain, a rising wedge pattern is a bearish chart formation where price moves upward within converging trendlines, indicating weakening bullish momentum. It often signals an upcoming breakdown, as buyers lose control and sellers push the price lower after the wedge is breached. ETH Network Sees Renewed Activity In a separate X post, crypto analyst CryptoGoos remarked that daily transactions on Ethereum are nearing ATH level for the first time since 2021. Typically, heightened network activity tends to precede major price movements. Analyst Crypto Rover echoed this view, noting that active addresses across the Ethereum network have hit a new all-time high. They added that ETH below $3,000 is “an absolute steal.” Related Reading: Ethereum Flashes Golden Cross On Daily Chart – Is A New ATH Within Reach? Meanwhile, Ethereum liquid staking is also inching toward historic levels, with 35.5 million ETH now locked. At press time, ETH trades at $2,522, down 3.8% in the past 24 hours. Featured image from Unsplash, charts from X and TradingView.com
Ethereum (ETH) is up more than 8% over the past 48 hours, climbing from around $2,400 on July 1 to nearly $2,600 at the time of writing. The latest on-chain analysis reveals that both accumulation addresses and liquid staking volume are approaching all-time highs (ATH), fueling optimism that ETH’s price may soon follow. Ethereum Liquid Staking, Accumulation Addresses Nearing Historic Highs According to a recent CryptoQuant Quicktake post by contributor Carmelo_Aleman, Ethereum’s liquid staking activity has seen a notable increase since June 1. The total amount of ETH staked rose from 34.54 million to 35.52 million by June 30 – an increase of nearly one million ETH in just one month. Related Reading: Ethereum Eyes Key Resistance As Price Reclaims $2,550 – Here Are The Levels To Watch As of July 1, ETH set a new record in liquid staking, reaching 35.56 million ETH. A closer look suggests that most accumulation addresses are linked to institutional investors, exchange-traded funds (ETFs), and other large holders. Many of these investors choose to earn yield through liquid staking while waiting for substantial price appreciation. Among the biggest beneficiaries of this trend are decentralized finance (DeFi) protocols like Lido and Binance Liquid Staking, known for their scale and investor-friendly features. In addition to the rise in liquid staking, ETH accumulation addresses are also nearing record highs. As shown in the following ETH Cohort Study chart, these addresses grew 35.97% – from 16.72 million on June 1 to 22.74 million by June 30. For the uninitiated, Ethereum accumulation addresses are wallets that acquire and hold ETH without significant outgoing transactions, often excluding known exchange, miner, or smart contract addresses. These addresses typically signal long-term investor confidence, as they represent entities accumulating ETH without actively selling. Also worth highlighting is that the Realized Price of these accumulation addresses – their average acquisition cost – stood at $2,114 on July 1. As ETH trades at $2,593 at the time of writing, these accumulation addresses are sitting on a healthy profit of approximately 22.65%. ETH Primed For A Breakout? Technical analysis suggests that ETH could be poised for a breakout in the near term. In a recent post, crypto analyst Titan of Crypto pointed out that ETH appears ready to break out of a broadening wedge pattern on the weekly chart, with a potential upside target of $4,200. Related Reading: Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks Institutional interest in Ethereum also appears to be strengthening. Notably, ETH may have found its own “MicroStrategy moment,” with Tom Lee and Joe Lubin revealing plans to accumulate significant ETH positions. That said, ETH must maintain support above the $2,200 level. A breakdown below this threshold could open the door for a drop to as low as $1,160. At press time, ETH is trading at $2,593, up 1.7% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
As Bitcoin (BTC) continues to trade within striking distance of its all-time high (ATH), a noticeable shift is underway in the cryptocurrency’s Realized Dominance metric, reflecting changes in behavior between short-term holders (STH) and long-term holders (LTH). Bitcoin Realized Dominance Shows Shift In Market Sentiment According to a recent CryptoQuant Quicktake post by contributor Crazzyblockk, the latest trend in BTC’s Realized Dominance metric highlights a significant shift in overall market structure and sentiment. Related Reading: Bitcoin Binary CDD Hints At Healthy Consolidation, Not A Top For the uninitiated, the Bitcoin Realized Dominance metric tracks how much of the realized cap is held by STH vs LTH. A rising LTH cohort share signals strong conviction and maturing supply, while a falling STH share suggests reduced speculation or loss-taking. The latest on-chain data shows that STH Realized Cap has dropped to around 45%, signalling reduced activity from recent buyers. This implies that new BTC entering the market is either being sold at a loss or maturing into long-term holdings – easing short-term speculative pressure. Conversely, the LTH Realized Cap has risen, suggesting long-held coins are being moved at a profit – typically seen during late-stage bull markets. This increase also indicates aging supply, as coins held by short-term investors transition into the LTH category, reflecting strong holder conviction. The analyst added: The divergence between falling STH Realized Cap and rising LTH Realized Cap highlights a supply transfer dynamic: recent entrants struggle with profitability amid lackluster price action, while long-term participants maintain control of an increasing share of network value. Such transitions often precede bullish reversals. As short-term realized cap shrinks, selling pressure typically declines, paving the way for more sustainable upside, provided fresh demand returns. In conclusion, Crazzyblockk noted that the Bitcoin market is currently in a consolidation phase, with weaker hands exiting and stronger holders gaining dominance. If this trend continues, it could establish a more resilient price base for BTC and potentially pave the way for a new ATH. BTC Apparent Demand Has Declined Despite the rise in LTH Realized Dominance, some on-chain signals point to weakening demand. This has raised concerns of a potential short-term drawdown, which could be as severe as the April 2025 pullback to almost $75,000. Related Reading: Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest Notably, Bitcoin’s Apparent Demand – a metric that assesses whether new buyer demand is sufficient to offset selling from miners and LTHs – has dropped to -37,000 BTC. This sharp decline suggests fading buying interest. That said, one positive indicator remains. The STH floor price has been steadily rising over the past few months and is now nearing the psychologically important $100,000 level. At press time, BTC trades at $107,796, up 1.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
Bitcoin held its ground as US President Donald Trump’s “One Big Beautiful Bill” passed the Senate late Monday narrowly by 51–50 votes. Related Reading: Insane Or Insightful? VC Firm Says XRP Could Reach Nearly $9,000 In Just 5 Years Vice President J.D. Vance provided the tie‑breaking vote that sealed the deal for the $4.5 trillion package. The package contains major tax reductions, deeper border security funding, and substantial cuts to programs such as Medicaid and SNAP. No crypto‑specific language was included, but lawmakers attempted to insert a tax benefit for digital currencies during last minute wrangling. Bitcoin Dips Before Quick Rebound Based on reports from crypto exchanges, Bitcoin slid to about $106,344 just before the vote as traders held off on big bets. Once the Senate approved the bill, BTC jumped back above $107,800. That’s a swing of roughly $1,400 in a single session, or about 1.3%. Some traders said they sold into the dip and bought back in once the outcome was clear. Others just shook their heads and waited for the next news headline. Altcoins And Liquidations Take A Hit Ethereum barely moved, dipping 0.3%, while XRP fell about 0.7% on the day. Solana saw the biggest wobble, dropping as much as 6% during trading. In total, more than $219 million in liquidations hit the broader crypto market. Bitcoin alone accounted for roughly $60 million of that, as leveraged positions got squeezed when prices spiked back up. Crypto Stocks See Gains Stocks tied to digital assets also rallied on the bill’s passage. MicroStrategy (now Strategy) shares climbed around 3.2%, and Coinbase jumped 2.3% in early trading on Tuesday. Those moves outpaced the Nasdaq’s modest gains. Related Reading: Ethereum Network Awakens—Massive On-Chain Moves Signal What’s Coming Final Look The bill now goes back to the House for a final sign‑off, with Speaker Mike Johnson aiming to send it to the president’s desk before July 4. The traders will be watching closely for the next inflation reading and for any signals from the Federal Reserve. If a rise in prices drives the Fed to more increases, crypto markets may come under new strain. However, others view the Senate vote as another reminder that Bitcoin and its cousins can move on significant political news—sometimes in ways not necessarily expected. Featured image from Unsplash, chart from TradingView
While the broader crypto market experienced a downturn with a 2.7% decline in total market cap over the past 24 hours, TRON (TRX) managed to move in the opposite direction. TRX recorded a 0.6% gain during the same timeframe, bringing its current trading price to $0.2788. Zooming out to a weekly view, TRON has posted a 2.4% increase, standing out among major assets amid an otherwise lukewarm market. This movement has caught the attention of on-chain analysts tracking deeper signals in the TRON ecosystem. According to CryptoQuant analyst Darkfost, TRON’s long-term price behavior reveals increasing resilience and a diminishing susceptibility to extreme volatility. Related Reading: Tron’s 374% Profit-Taking Spree Uncovered—Here’s Who Was Behind It Reduced Drawdowns Point to Market Maturity In a recent post titled “TRX Drawdowns Highlight Growing Resilience,” Darkfost shared drawdown analysis as evidence that TRON has become structurally more stable over time. He explained that drawdown metrics, which measure the peak-to-trough decline in an asset’s price, can serve as a reliable tool for identifying strategic market entry points. Darkfost highlighted four major TRX drawdown periods since 2020: a 61% drop in March 2020, a 70% fall in June 2021, a 55% decline in January 2022, and a 40% decrease in January 2025. Each of these correction phases was followed by significant recoveries. However, the drawdown depth has consistently decreased with each cycle, a development the analyst interprets as a sign of increasing investor confidence and capital retention in the TRON network. “With TRX now trading around $0.27, each of these drawdowns has proven to be profitable in hindsight,” Darkfost noted. He added that the trend suggests that TRON is evolving into a more stable asset class with stronger market positioning. Contributing to this stability is the ongoing flow of capital and growing ecosystem usage, particularly for stablecoin transactions. TRON has become a dominant layer for Tether (USDT) transfers, and data from CryptoQuant analyst Maartunn supports this view. TRON Surpasses Ethereum in Stablecoin Settlement In a separate post, Maartunn reported that TRON processed a record $23.4 billion in daily USDT transfers on June 25, 2025, an all-time high for the network. This figure significantly surpasses the $9.9 billion handled by Ethereum on the same day, highlighting the divergence between the two blockchains. Maartunn pointed out that TRON has outperformed Ethereum in USDT transfer volume since mid-2022, noting that the gap between the two networks continues to widen. “The chart doesn’t just show a record; it highlights the growing gap between TRON and Ethereum,” he wrote. While Ethereum’s USDT activity has declined roughly 39% since its November 2024 peak, TRON remains in an upward trend. This transition signals a growing role for TRON as the main settlement layer for Tether transactions, while Ethereum appears to be shifting toward other use cases. Featured image created with DALL-E, Chart from TradingView
Bitcoin remains within a relatively tight range, struggling to gain sufficient momentum to break the $110,000 mark. At the time of writing, the leading crypto by market cap trades at $106,437, down 1.1% over the past 24 hours and nearly 4.8% below its May all-time high. The current consolidation range between $105,000 and $107,000 has prompted close monitoring of market behavior, especially from whales and long-term holders (LTHs), as the market attempts to find its next direction. Related Reading: Bitcoin Dominance Shows Bearish Divergence – Altseason Could Be Near Bitcoin Whales Lead Market Activity as Profit Realization Surges Recent data from CryptoQuant suggests that a significant shift in realized profits on Binance may be influencing short-term price trends. CryptoQuant analyst Crazzyblockk highlighted a major event on June 16, when over $2.6 billion in profits were realized on Binance alone, the second-largest spike of its kind on the platform. This activity was followed by immediate selling pressure and market reaction, suggesting that profit-taking from large investors remains a core factor in the current price movement. According to Crazzyblockk, the June 16 event saw a total of $4.5 billion in realized profits across centralized exchanges, with Binance accounting for nearly 58% of that volume. “This milestone is more than just a data point — it’s a reminder of Binance’s unmatched influence on global crypto markets,” the analyst wrote. He emphasized Binance’s role in price discovery and how whale behavior on the platform often serves as a proxy for broader market sentiment. As institutional participants and high-net-worth investors execute large moves on Binance, their actions can foreshadow phases of trend reversals or sustained accumulation. The data also shows the importance of tracking realized profit and loss (PnL) metrics, especially on high-volume exchanges. The event reflects what Crazzyblockk described as “strategic profit-taking by sophisticated participants,” many of whom rely on Binance’s infrastructure for executing high-liquidity trades. Long-Term Holder Selling Seen as Constructive Rotation In a separate QuickTake post, CryptoQuant analyst Yonsei Dent offered a different perspective by analyzing long-term holder activity. Dent observed that although Bitcoin has been trading sideways between $100,000 and $110,000 since May, on-chain indicators such as Spent Output Age Bands (SOAB) and Binary CDD show persistent selling from long-term holders. These are entities that have held their coins for more than six months, indicating a redistribution of supply. However, Dent argues that this selling may not imply weakness. “Despite this steady LTH selling, the price hasn’t broken down. This means the market is absorbing the sell pressure—implying new demand is coming in,” he explained. According to Dent, this dynamic, a rotation from older holders to new buyers, is common during mid-to-late stages of a bull market. Related Reading: Warning Signs? Long-Term Bitcoin Holders Take Profits as Leverage Spikes He also noted increased activity from coins held for one to three years, possibly reflecting profit-taking from previous cycle participants. Ultimately, Dent suggested the market may be undergoing a quiet redistribution, a phase that could lay the groundwork for future upside if buy-side demand remains strong. Featured image created with DALL-E, Chart from TradingView
After rebounding from a local bottom of around $75,000 in April, Bitcoin (BTC) appears to be stuck in the $100,000 to $110,000 range, showing little indication of a clear directional trend. One key data point reflecting this indecision is Bitcoin’s network volume. Bitcoin Network Volume Stuck In Balance Zone According to a recent CryptoQuant Quicktake post by contributor AxelAdlerJr, Bitcoin’s network volume has stabilized in a state of ‘stable equilibrium,’ reminiscent of the mid-2021 consolidation phase that preceded a major move. Related Reading: Bitcoin Binary CDD Hints At Healthy Consolidation, Not A Top For the uninitiated, Bitcoin network volume refers to the total value of BTC transferred across the blockchain over a specific period, typically used to gauge market activity and capital flow. Higher network volume suggests increased investor engagement and liquidity, while lower volume may indicate reduced interest or market stagnation. Notably, when BTC reached the upper end of its current range – around $110,000 – its average network volume surged to as high as $67 billion. Since then, the metric has slightly declined and now hovers around $58.7 billion. Since January 2024, Bitcoin’s average network volume has ranged between $40 billion and $80 billion. According to the CryptoQuant analyst, this corridor has become a key indicator of network activity balance and broader market sentiment. Historically, when the Bitcoin average volume approached the upper-end of the range at $80 billion, it coincided with local price peaks of $70,000 and $100,000. On the contrary, moves toward the lower-end – around $40 billion – were associated with short-term pullbacks, though these dips were often quickly bought up by market participants. Currently, the $58.7 billion reading sits near the midpoint of this range, mirroring the consolidation phase observed in mid-2021. The analyst explained: As long as the indicator remains above the $40 billion level, we can speak of a stable fundamental market condition. Rising volumes above the $80 billion mark will confirm strengthening activity and fresh capital inflow. On the other hand, a sustained drop below $40 billion will indicate weakening network demand and may be a harbinger of a deeper correction. Is BTC Preparing For A Big Move? While Bitcoin network volume suggests the market is in a state of equilibrium, some on-chain metrics hint at a potential breakout building in the background – possibly paving the way for renewed bullish momentum. Related Reading: Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall For example, the BTC short-term holder floor has been rising steadily in recent months, currently hovering around $98,000. This provides a strong support base, potentially preventing a sharp downside correction. However, selling pressure from miners and long-term holders is also beginning to increase – casting some uncertainty over BTC’s short-term price trajectory. At press time, BTC trades at $106,528, down 0.9% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Tom Lee, the market strategist known for his insightful predictions on Bitcoin (BTC) and broader crypto prices, has taken on the role of chairman of the board at BitMine Immersion Technologies, a Bitcoin mining company now setting its sights on becoming the largest publicly traded holder of Ethereum (ETH). Tom Lee Appointed Chairman At BitMine Lee’s appointment comes alongside an ambitious plan to raise $250 million in a private placement aimed at implementing a strategy that positions Ethereum as the primary treasury reserve asset, while still maintaining its core Bitcoin mining operations. This initiative reflects a growing trend within the financial services sector, where the convergence of traditional finance and cryptocurrency is gaining momentum, further highlighted by President Trump’s decision to establish a strategic crypto reserve. Related Reading: Solana Forms Bullish Flag On Daily Chart — Breakout Imminent? Lee highlighted this shift during an appearance on CNBC’s “Squawk Box,” stating, “The financial services industry and crypto are converging, and it really started with stablecoins.” Lee likened stablecoins to the “ChatGPT of crypto,” emphasizing their widespread adoption among consumers, businesses, and financial institutions, including major players like Visa. Interestingly, stablecoins have gained a major victory in Congress last week with the passage of the GENIUS Act which aims to provide a new regulatory framework for these crypto assets. Transforming Into An Ethereum Treasury Powerhouse According to Lee, Ethereum serves as the foundational architecture for stablecoins, making it crucial for BitMine to accumulate ETH in order to influence and secure its position within the network. The company’s strategy will include monitoring the value of Ethereum held per share as a key performance metric, akin to Strategy’s (previouisly MicroStrategy) well-known “BTC Yield” metric for Bitcoin. During his interview, Lee explained that BitMine plans to enhance the value of ETH per share through reinvestment of cash flows, capital market activities, and the appreciation of Ethereum itself. As more companies explore treasury management strategies beyond Bitcoin, BitMine is not alone in its pivot. It joins other firms like SharpLink Gaming, which initiated its own Ethereum treasury strategy earlier this year, and DeFi Development, which is focusing on Solana. Related Reading: Wave 3 Ignites As XRP Breaks Structure—Analyst Says ‘Fireworks Ahead’ This announcement sparked a major surge for the Bitcoin mining company which started the day with a market capitalization of just $26 million. However, following Lee’s interview, the number skyrocketed beyond the $200 million mark. BitMine’s stock, trading under the ticker name BMNR, also saw a major surge on Monday closing the day at $33.90 per share. According to Yahoo Finance data, this means a nearly 700% surge for the mining firm’s shares. On the other hand, Ethereum has retraced 1% below the key $2,500 level in the 24-hour time frame to its current price of $2,470 per token. Featured image from DALL-E, chart from TradingView.com
Although Bitcoin (BTC) has recorded slight gains over the past month – up 3.6% in the last 30 days – the leading cryptocurrency is experiencing a lack of Apparent Demand, indicating broader market weakness that could lead to a price slump in the near term. Bitcoin Apparent Demand Enters Negative Territory According to a recent CryptoQuant Quicktake post by contributor Crazzyblockk, Bitcoin’s new buyer demand is failing to absorb the combined supply pressure from freshly mined BTC and selling from long-term holders (LTHs). As a result, BTC’s Apparent Demand has turned negative. The analyst noted that the imbalance between buyer demand and excessive supply has created a high-risk environment for a near-term price correction. Notably, the $100,000 level remains an important support for the flagship digital asset. Related Reading: Bitcoin Weak Hands Exit While Smart Money Loads Up – Is A Breakout Near? For the uninitiated, Bitcoin’s Apparent Demand measures the balance between new buying interest and the supply of coins entering the market from miners and LTHs selling. When this metric turns negative, it means that the amount of BTC being sold exceeds new purchases, indicating potential market weakness and downward price pressure. BTC entering negative Apparent Demand territory can be considered a bearish development for two key reasons. First, it directly increases the “for sale” BTC supply, exerting downward pressure on the cryptocurrency’s price. Second, significant selling by LTHs – often considered seasoned and sophisticated investors – suggests that experienced players believe the crypto market has likely reached a local top and are exiting before a potential severe market downturn. The analyst added: Consequently, the market is in a vulnerable state. Any price rallies from here will likely struggle to overcome this wave of available supply, and market support may be weaker than anticipated. While not a guarantee, this on-chain signal strongly suggests a period of caution is warranted until demand shows clear signs of recovery. That said, recent on-chain analysis indicates a more optimistic outlook. According to fellow CryptoQuant analyst Avocado_onchain, the 30-day moving average (MA) of Bitcoin Binary Coin Days Destroyed (CDD) shows signs of healthy consolidation rather than a potential local top. Some Positive Signs For BTC While BTC’s Apparent Demand might be drying up, easing global geopolitical tensions could catalyze a rally in risk-on assets, including cryptocurrencies. Further positive macroeconomic developments may also benefit BTC, potentially leading to a cycle top much higher than currently anticipated. Related Reading: Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest Another indicator negating the possibility of a major price pullback is the steadily rising short-term holder (STH) floor price, which has surged to as high as $98,000 according to the latest on-chain data. At press time, BTC trades at $107,500, down 0.5% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Bitcoin and Ethereum both posted modest gains in the past week, with BTC rising 6.2% and ETH up by 9.6%. However, momentum appears to have paused at the start of the new week. As of Monday, Bitcoin trades just above $107,000 after a slight 0.6% daily dip, while Ethereum has remained flat over the past 24 hours. Analysts have turned to blockchain data and macro signals for cues on where the market may head next. Related Reading: Bitcoin Freezes Over $100,000 As OG Whales ‘Dump On Wall Street’: Expert Bitcoin and Ethereum Onchain Trend Recent insights from CryptoQuant Quicktake platform contributor Amr Taha provide some context behind the price action. In a detailed post, Taha noted that Ethereum inflows to Binance have continued for five consecutive days, a trend that could suggest either rising sell pressure or repositioning by major players. At the same time, data from Bitcoin’s short-term holder (STH) Net Position Realized Cap shows a notable reversal, increasing from negative $49 billion to over $5 billion. This pattern is typically associated with increased activity from retail investors, especially during periods of upward price movement. Taha noted: Historically, spikes in (STH) occur near potential market tops, as retail investors tend to FOMO into Bitcoin rallies. While this doesn’t necessarily signal a reversal, it has often preceded short-term corrections or periods of sideways consolidation. Bitcoin’s steady climb in June, despite occasional pullbacks, appears to have encouraged smaller investors to re-enter the market. In the case of Ethereum, another CryptoQuant analyst, “crypto sunmoon,” pointed to continued accumulation by long-term holders during last month’s price consolidation. This suggests a different dynamic is at play on the Ethereum side, with more patient capital building positions amid ongoing price suppression. Long-term holder accumulation often indicates growing confidence in an asset’s future, even if current market conditions appear lackluster. US Policy and Macro Risk Add Layers to Market Outlook Beyond market behavior, external factors may also shape crypto price action. Amr Taha highlighted recent political developments in the United States, particularly former President Donald Trump’s announcement of a proposed Senate bill promising wide-reaching tax cuts. The bill, which excludes taxes on tips, overtime, and Social Security income, could lead to an increase in consumer liquidity. If passed, this could impact investor appetite across both traditional and digital markets by temporarily boosting household spending power. Related Reading: Bitcoin Bears Are Taking Fresh Market Positions, But Are They Safe? However, not everybody is convinced of the bill’s long-term implications. Tesla CEO Elon Musk warned that the measure, if not accompanied by spending cuts, could expand the federal deficit and lead to economic instability over time. Large fiscal imbalances often have ripple effects on monetary policy, potentially affecting interest rates, inflation expectations, and risk sentiment, all of which can influence investor behavior in crypto markets. Taha concluded: Geopolitical disturbances can significantly impact investor sentiment. In response, investors might reconsider their positions in asset markets, possibly moving away from riskier assets and equities toward more stable options like bonds or safe-haven currencies. Featured image created with DALL-E, Chart from TradingView
Bitcoin continues to maintain its upward trajectory following a minor correction, now trading at $107,251, reflecting a 2.3% increase over the past week. Although still trailing its May all-time high of $111,000 by around 4%, the asset’s price action signals a notable return of momentum. The crypto market, led by Bitcoin, has seen renewed trading activity in recent weeks as investor sentiment oscillates between bullish optimism and profit-taking behavior. According to new on-chain data analyzed by CryptoQuant contributor Amr Taha, Bitcoin may be approaching a critical phase that demands greater attention from market participants. Related Reading: $179,000 Or $79,000? Bitcoin Faces Critical Cycle Pivot, Says Analyst Open Interest Spikes Signal Potential Profit-Taking Zones In his analysis titled “Binance Open Interest Spikes and Long-Term Holder De-risking: Bitcoin is Approaching a Turning Point”, Taha highlights two developing trends: repeated spikes in open interest on Binance and a significant drawdown in long-term holders’ exposure. Both indicators, he suggests, reflect changing market dynamics that could influence Bitcoin’s short-term trajectory. One of the key observations from Taha’s analysis is the behavior of Binance’s 24-hour open interest (OI), which has exceeded 6% for the third time in two months. Historical patterns indicate that previous occurrences on May 26 and June 10 were followed by short-term price corrections or periods of consolidation. These spikes often indicate an increase in leveraged trading positions, which tend to precede short-term profit-taking as traders seek to lock in gains. This trend may suggest that Bitcoin is entering another phase of heightened volatility where rapid shifts in market sentiment could influence price direction. The presence of leveraged positions, particularly at elevated price levels, increases the likelihood of sudden liquidations or pullbacks. While this does not confirm an imminent reversal, it marks a zone where caution may be warranted, especially for short-term traders. Such spikes in open interest often act as precursors to more conservative positioning or brief market cooling periods. Bitcoin Long-Term Holders Reduce Risk Exposure In addition to rising speculative activity, a separate trend tracked by Taha focuses on the behavior of long-term holders (LTHs). Data shows that the LTH Net Position Realized Cap, a measure of the realized value of Bitcoin held by these investors, has declined sharply, falling from over $57 billion to just $3.5 billion. This reduction points to active profit-taking among more strategic investors, possibly in response to macroeconomic developments or uncertainty surrounding the current market cycle. Related Reading: Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align While this shift in behavior does not automatically imply a bearish outlook, it suggests that experienced investors are trimming exposure after a notable price rally. Historically, long-term holders have exhibited a higher degree of market foresight, making this activity worth noting. Combined with elevated open interest and a potential cooling-off period, these developments highlight the possibility of increased short-term volatility without fundamentally altering the long-term bullish structure of Bitcoin’s market. Featured image created with DALL-E, Chart from TradingView
As the market’s second largest cryptocurrency, Ethereum (ETH), struggles to maintain momentum above the crucial $2,500 threshold, one analyst believes that ETH is poised for a significant rally. In a recent post on social media platform X (formerly Twitter), crypto analyst Cyclop expressed a bullish outlook, labeling the current market conditions as the best long setup for Ethereum he has seen in years. Analyst Sees $4,000 Target This Summer Cyclop highlighted that Ethereum short positions have reached all-time highs, a situation reminiscent of a previous spike that occurred just weeks ago. The analyst noted that liquidity has been swept on both sides, creating a scenario where market uncertainty may actually benefit Ethereum. “Most doubt ETH and altcoins right now—I’m betting on $4,000 this summer,” he stated confidently. Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 Cyclop outlined several key factors driving his optimistic stance. First, he pointed to the recent Pectra update, which has reinvigorated interest in Ethereum by enhancing transaction capabilities, updating security features, and improving staking options. This update has reportedly led to increased demand, contributing to a potential price surge. Moreover, Cyclop emphasized the broader macroeconomic landscape, noting that cryptocurrency adoption is accelerating beyond Bitcoin (BTC), with Ethereum taking a prominent role. The analyst suggests that major corporations and banks are beginning to purchase and stake Ethereum, further boosting trust and interest in the digital asset which could ultimately result in more demand and more price uptrends. Ethereum Rallies May Trigger Altcoin Boom On-chain metrics also favor Ethereum, with the cryptocurrency ranking highly in various categories, according to Cyclop. It currently stands as the second-highest by fees, leads in bridged net flows, and ranks third in stablecoin supply changes, showcasing its robust market position. Another critical aspect of Cyclop’s analysis concerns altcoins and the upcoming altseason, traditionally characterized by a rush of investment into Ethereum before spilling over into smaller tokens. He pointed out that historical patterns indicate that Ethereum price rallies often trigger broader altcoin surges, and the current market sentiment suggests that many altcoins are at their lowest ebb. Related Reading: Dogecoin Silent Build-Up: Double Bottom Hints At Explosive Move To $0.47 While Cyclop acknowledges that a majority of altcoins may face significant challenges, he argues that ETH remains undervalued, especially with Bitcoin trading near $100,000. He has made strategic moves, reallocating some of his Bitcoin holdings into Ethereum and promising strong altcoins. His initial target for Ethereum is $3,000, where he plans to take profits, followed by a series of sell orders between $4,000 and $6,000. As of press time, ETH trades at $2,500, a 12% price increase in the weekly time frame. Featured image from DALL-E, chart from TradingView.com
The Bitcoin price has recently climbed back above the $108,000 mark, yet it struggles to surpass its current record of $111,800, creating a sense of uncertainty in the market. This persistent inability to break through has characterized the cryptocurrency’s performance in recent weeks, leaving analysts to speculate on its next moves. Analyst Predicts Major Upswing Crypto analyst Doctor Profit has outlined two potential scenarios for the Bitcoin price trajectory in the near term, offering insights into both immediate volatility and a long-term bullish outlook. In a recent post on social media platform X (formerly Twitter), Doctor Profit emphasized the significance of the current market conditions, suggesting that Bitcoin could reach between $120,000 and $150,000 in the coming months. Related Reading: Dogecoin Silent Build-Up: Double Bottom Hints At Explosive Move To $0.47 According to Doctor Profit, the market is poised for a breakout. He noted, “We’re standing in front of a breakout, one that has the potential to send Bitcoin into the $120,000–$150,000 zone over the next few months.” This assertion is supported by data reflecting strong on-chain activity, favorable technical structures, liquidity flow, and macroeconomic factors. While the long-term outlook appears promising, he cautioned that short-term fluctuations will remain prevalent. Two Scenarios For The Bitcoin Price Doctor Profit outlined two primary outcomes that traders should consider. The first scenario involves a bullish breakout from a bull flag pattern, allowing Bitcoin to surge past the $113,000 resistance level and continue climbing without a pullback. However, the analyst views this scenario as overly simplistic, suggesting that market makers typically prefer not to allow such parabolic moves to occur without a preceding shakeout. The second scenario, which appears more likely, involves either a rejection at the bull flag breakout or a liquidity grab at the $113,000 mark. This would potentially lead Bitcoin to revisit the lower boundary of the current range, around $90,000 to $93,000. Doctor Profit noted that this region is attractive because it contains significant liquidity and a notable gap in the Chicago Mercantile Exchange (CME) futures market. He views a dip to these levels not as a bearish signal, but rather as an opportunity to accumulate more Bitcoin. In his analysis, he stated, “$93K is not bearish. It’s clearly a gift!.” Doctor Profit believes that this potential dip would not only reset market leverage but also shake out weaker hands, creating a more robust foundation for a subsequent rally. Macroeconomic Trends Favor BTC Looking at the long-term prospects, Doctor Profit highlighted that larger wallets continue to accumulate Bitcoin, indicating that major investors are positioning themselves for a significant upward movement. He pointed to macroeconomic indicators, particularly the M2 money supply, which suggests that Bitcoin remains undervalued relative to broader economic trends. Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 Notably, the Bitcoin price has been trading within its current range for 226 days, which echoes patterns observed during previous accumulation phases before major price breakouts. As Doctor Profit concluded, the Bitcoin price trajectory remains optimistic, with expectations of reaching between $120,000 and $150,000 in the foreseeable future. He notes that while there are multiple paths to achieving this target, a dip into the $90,000 to $93,000 range would provide a crucial opportunity for accumulation and set the stage for a powerful upward move. Featured image from DALL-E, chart from TradingView.com
Bitcoin’s price action has been relatively stable in recent days, currently trading just above $107,000 after briefly touching previous highs near $108,000. Amid this backdrop, technical analysis from a popular crypto analyst on the TradingView platform outlined a compelling structural setup forming on Bitcoin’s daily chart. The analysis shows that Bitcoin’s action is in a compression phase that could precede a breakout to $115,000 very soon. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role Compression Structure Forming Below $108,000 Resistance Bitcoin’s price action is currently following movements in traditional risk assets like the S&P 500 and Nasdaq, both of which have recovered following the recent de-escalation of geopolitical tensions in the Middle East. Against this backdrop, crypto analyst RLinda shared an outlook on TradingView that highlights a structural setup forming on the D1 chart and predicts a breakout to as high as $115,000 if some resistance levels are cleared. According to RLinda, Bitcoin is in the middle of a compression phase just below the $108,100 resistance level. This follows what the analyst describes as a false breakout above $100,000, which led to a brief distribution and now an active accumulation zone. The daily chart shows price action gradually tightening within the $106,500 to $108,100 range since June 25, the essence of which the analyst called a pause for a breather before a possible continuation of growth. The current setup has already established well-defined boundaries, with support at $106,500 and $108,100 as immediate resistance. A breakout above this immediate resistance would pave the way for the next resistance around $110,400 and bring Bitcoin within striking distance of its all-time high at $111,000. On the other hand, a short-term pullback toward $105,650 is still possible before a new move to the upside. Bitcoin Price Levels To Watch Bitcoin’s price action is really pressing on this resistance level around $108,000 and is building momentum for a breakout once the price level gives way. The key resistance levels to monitor are stacked around $108,100, $108,900, and $110,400. As long as the structure between $106,500 and $108,100 holds, and Bitcoin’s price is sticky near the top of that zone, the breakout scenario becomes increasingly probable. Although there are currently no reasons for a decline on the daily and weekly candlestick charts, the analyst noted that a temporary pullback to $105,650 or even $104,650 cannot be ruled out. However, even such a pullback would likely only serve as a retest but still keep the broader setup intact. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength At the time of writing, Bitcoin is trading at $107,457, up by 0.5% in the past 24 hours. The breakout trigger is still at $108,100. If broken, Bitcoin could easily move to new highs around $115,000. Featured image from Unsplash, chart from TradingView
Dogecoin has spent the majority of the past five days trading within a tight range between $0.156 and $0.165. Notably, the meme coin is now showing early signs of stabilization after its steep correction earlier this month, with bulls beginning to reclaim ground after a drop below the $0.17 price barrier. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength Reclaiming the $0.17 level is important, according to technical analysis of Dogecoin’s price. This technical backdrop sets the stage for a projected price move to $0.21. TD Sequential Flashes Buy Signal For Dogecoin Dogecoin’s 3-day candlestick timeframe chart shows that the meme coin is currently trading just above an ascending trendline that dates back to late 2023, which has acted as a key support level across multiple correction cycles. Despite the recent volatility, the price structure appears to be ready for a possible bounce move from here due to the formation of less volatile candlesticks and higher lows just above the 0.5 Fibonacci retracement level around $0.165. Taking to the social media platform X, crypto analyst Ali Martinez revealed an interesting bullish signal taking place on the same 3-day candlestick timeframe. According to Martinez, Dogecoin has just triggered a buy signal on the 3-day TD Sequential indicator. This tool, which identifies trend exhaustion and possible reversals, has been quite useful in predicting buy and sell zones this cycle. However, the bullish outlook depends on Dogecoin reclaiming the $0.17 price level, which is now working as some sort of resistance. Martinez noted that a breakout above this price level could allow Dogecoin to rebound to $0.21. Notably, this $0.21 price target coincides with the 0.618 Fibonacci extension from Dogecoin’s October 2023 low. Image From X: @ali_charts Path To $0.21 Needs Enough Volume For Dogecoin to confirm a return to $0.21, market participation must return in a meaningful way. This is because Dogecoin’s trading volume has been notably low over the past few days. According to data from CoinMarketCap, Dogecoin’s 24-hour trading volume is currently at just $400 million, which is a 36.7% decrease from the previous day. This level of activity is significantly below Dogecoin’s usual trading volume during periods of upward momentum. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role Such a slowdown in volume suggests that, despite the bullish technical signal from the TD Sequential indicator, the necessary follow-through from buyers is yet to be confirmed. At the time of writing, Dogecoin is trading at $0.1637, up by 1.7% in the past 24 hours. Until volume picks up, Dogecoin may continue to consolidate or even drift sideways, regardless of the bullish indicators. Unless there’s strong interest and stronger inflows, the breakout setup could fizzle out or result in another rejection at $0.17. Featured image from Unsplash, chart from TradingView
Bitcoin is currently trading around the $107,000 region after bouncing off a $99,000 low early in the week, but its progress is being capped just beneath a key resistance zone. Technical analysis shows that Bitcoin’s price is starting to coil into a wedge structure on the 1-hour chart, and crypto analyst Daan believes that the breakout from this formation could determine whether it has the strength to finally clear its most recent all-time high. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role Wedge Formation Stalls Bitcoin Below $108,000 Bitcoin has been consolidating within a descending wedge pattern over the past few days, as shown in the one-hour candlestick timeframe chart below. This consolidation came after Bitcoin rejected just above $108,000 on July 26. Notably, this pattern has formed beneath the $108,351 level, which is around the previous all-time high and is an important point of resistance in the current range. The pattern reflects a tightening of price action, with lower highs squeezing the price into a narrow range. Furthermore, on-chain trading volume has been relatively stable throughout this consolidation, with no strong directional bias yet. According to Daan’s analysis, even though this kind of setup could lead to a strong breakout, it may still take time to resolve. “It has been pretty choppy,” the analyst noted. The market’s lack of conviction is shown by Bitcoin’s repeated rejections just under the $108,000 level on multiple one-hour candlestick charts. A Clean Break Above $110k Could Change Everything Despite the relatively muted short-term moves, the wedge pattern is building pressure. A confirmed breakout above the upper resistance line, especially with a decisive close beyond $108,000 could mean the beginning of a much larger move. This close would be much more confirming on larger timeframes. Crypto analyst recommended zooming out to larger timeframes and waiting for that proper break above the $108,000 to $110,000 region. A proper breakout of Bitcoin above this range would also have a broader impact across the market and revive interest in altcoins. Without this breakout, however, Bitcoin is stuck within what the analyst describes as a “massive resistance in a larger range.” In this scenario, the leading cryptocurrency will be at risk of another downside volatility, especially if the support at the lower boundary of the wedge fails. Related Reading: The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength At the time of writing, Bitcoin is trading at around $107,447. Though the hourly price structure shows strength in rebounding from intraday lows near $106,200, Bitcoin bulls must now contend with the narrowing price action. The wedge formation shows that Bitcoin is gearing up for its next major move, but whether it will be upward or downward depends on how price reacts to the wedge boundaries and the $108,000 resistance line. Featured image from Unsplash, chart from TradingView
As Bitcoin (BTC) enters the third quarter (Q3) of 2025, bullish sentiment is growing, fueled by historical post-halving patterns that have repeatedly marked the beginning of explosive market moves. A crypto analyst now points to recurring trends observed in past cycles, where Q3 has often acted as a launchpad for significant price rallies in BTC following each halving year. Bitcoin Post-Halving Years Point To Explosive Q3 Luca, a crypto market expert on X (formerly Twitter), has doubled down on expectations for a major Bitcoin price rally in the coming quarter. He argues that expectations of an extended consolidation in Bitcoin, based on the fractals and market behavior seen in 2023 and early 2024, fail to account for a critical factor: 2025 is a post-halving year. Related Reading: TRUMP Token In Trouble? Over $4 Million Liquidity Exit Sparks Crash Fears The analyst points to a consistent pattern observed in every post-halving year throughout Bitcoin’s history. In his chart analysis published on June 26, Luca notes that Q3 in these years have consistently demonstrated strength, with no historical precedent for weakness, reinforcing the case for a bullish breakout. The chart compares Q3 performance during the post-halving years of 2013, 2017, and 2021. In each case, Bitcoin entered the third quarter with moderate or corrective price action, only to rally significantly in the weeks that followed. The left panel of the chart shows the 2013 post-halving year, where Bitcoin went from under $100 in July to over $680 in November. In 2017, the middle panel highlighted a similar trajectory, where BTC broke out from under $2,800 in early Q3 to over $16,000 by year-end. The most recent cycle in 2021, shown in the right panel of the chart, saw a Q3 recovery rally that took Bitcoin from under $39,000 in July to a former all-time high above $69,000 in November. Notably, Luca maintains that this consistent historical behavior is not coincidental, predicting that a similar rally could unfold in the current cycle, within the next few months. While he acknowledges the possibility of a short-term pullback, he emphasizes that Bitcoin’s broader market structure remains firmly bullish, with momentum still favoring further upside. Analyst Predicts $140,000 – $160,000 Bitcoin Cycle Top Moving forward, Luca’s chart reveals technical factors that align with his bullish thesis. Based on key Fibonacci Extension levels, the analyst projects that BTC’s next cycle top falls between $140,000 and $160,000, a target he believes could be attained toward the end of Q3. Related Reading: Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role While acknowledging that the exact target could shift depending on how technical confluences evolve, the expectation remains that a Bitcoin rally is imminent. With BTC now trading around $107,423 after rebounding from a previous dip below $100,000, a potential move to $140,000 or even $160,000 would mark a substantial gain of approximately 30.35% and 48.97%, respectively. Featured image from Unsplash, chart from TradingView
Ethereum (ETH) has recorded strong gains over the past two weeks, rising from $2,111 on June 12 to $2,515 on June 25, reigniting hopes for a sustained bullish rally that could push the digital asset beyond the crucial $3,000 level. Ethereum Rally Marked By Shift In Dynamics According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Ethereum’s latest rally has been accompanied by a notable shift in market dynamics – including a flip to positive funding rates, a potential short squeeze, and a rise in ETH inflows to Binance crypto exchange. Related Reading: Ethereum Breakout Imminent? Broadening Wedge Hints At $4,200 Surge Recent data from Binance reveals a significant shift in ETH funding rates from negative to positive. Positive funding rates typically indicate that traders are opening or holding leveraged long positions, reflecting expectations of further upside. However, rising funding rates may also raise the risk of a short-term price pullback if long positions become overextended. Data from CoinGlass shows that 68.15% of liquidations over the past 24 hours were long positions – highlighting this risk. Taha also emphasized the role of a short squeeze in Ethereum’s recent price surge and the increase in funding rates. As ETH’s price climbed, it retested the previous short-squeeze zone around $2,500. He explained: In that earlier event, short positions were forcibly closed by initiating aggressive market buy orders to cover their exposure, triggering a cascading effect known as a short squeeze. This dynamic occurs when traders who had bet against ETH (shorts) are forced to close their positions by aggressively buying back the asset to limit losses. Meanwhile, ETH inflows to Binance have also spiked. On-chain exchange data suggests that 177,000 ETH was deposited into Binance over a three-day period – an unusually high volume. Such a surge typically signals increased selling pressure or large-scale repositioning by major holders. Large transfers of ETH to exchanges often precede either potential sell-offs or liquidity provisioning. In conclusion, Taha noted that while a short-term correction may be likely, ETH’s breakout above $2,500 underscores the aggressive speculative activity driving its recent price action. Traders are advised to closely monitor funding rates and exchange flows for signs of an impending retracement. ETH Bulls Take The Charge Recent technical analysis suggests ETH may be gearing up for a breakout above the $2,800 resistance level. The asset also recently formed a golden cross on the daily chart, fuelling speculation that a new all-time high (ATH) could be within reach. Related Reading: Ethereum Bulls Wake Up: $4,000 Target Back on the Radar After Reclaiming Key Level That said, ETH is not entirely in the clear. Technical analyst Crypto Wave recently predicted that the cryptocurrency may revisit lower levels in the $1,700 to $1,950 range. At press time, ETH trades at $2,429, down 0.4% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
A fund based in the United Arab Emirates (UAE) has announced a significant investment of $100 million in the Trump-backed decentralized finance (DeFi) platform World Liberty Financial, and its native token WLFI. The investment was confirmed in a joint statement by Aqua 1 and World Liberty Financial, highlighting the collaboration as a step towards developing a blockchain financial ecosystem and integrating stablecoins. World Liberty Financial Partners With Aqua 1 Zak Folkman, co-founder of World Liberty Financial, expressed enthusiasm about the partnership, stating, “We’re excited to work hand-in-hand with the team at Aqua 1.” This investment positions Aqua 1 among the largest stakeholders in the Trump family’s cryptocurrency project. It is further strengthened by the backing of crypto billionaire Justin Sun, who is the top investor in the company with a substantial $75 million stake. Related Reading: XRP Gears Up For Major Move — Chart Signals Are Clear This marks the second investment from a UAE-based firm in World Liberty Financial within a short span; earlier this year, Abu Dhabi’s MGX used World Liberty Financial’s USD1 stablecoin to facilitate a $2 billion investment in Binance. David Lee, a founding partner at Aqua 1, stated that Aqua 1 and the decentralized platform will collaborate to “identify and nurture promising blockchain projects.” World Liberty Financial also plans to support the Aqua Fund, an investment vehicle focused on enhancing the digital economy in the Middle East. In addition, Aqua 1 will aid World Liberty Financial in expanding its reach into South America, Europe, Asia, and emerging markets. Both companies are also set to develop “BlockRock,” a platform aimed at tokenizing real-world assets (RWAs) to bridge traditional investments like real estate with the Web3 ecosystem. New App Launch Planned In tandem with these initiatives, World Liberty Financial is preparing to release an audit report of its stablecoin, USD1, within days. Folkman, speaking at the Permissionless conference in Brooklyn, New York, also mentioned that the platform’s WLFI token may soon become tradable. Launched two months prior to the US presidential election, WLFI has already generated substantial revenue for Trump’s family business through the sale of governance tokens. These tokens grant holders the ability to vote on project changes and influence its strategic direction. Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer While WLFI is currently not tradable, Folkman hinted at forthcoming updates that users should watch for in the coming weeks. He also revealed that the company’s stablecoin has received its first attestation report, which will be available on the company’s website. To further facilitate user engagement, Folkman announced the upcoming launch of a new app designed to simplify cryptocurrency use for everyday investors. As of press time, the official TRUMP memecoin trades at $8.96, recording a major 30% drop in the monthly time frame. Featured image from DALL-E, chart from TradingView.com
Bitcoin has regained some upward momentum, with its market price currently hovering around $107,155 at the time of writing. This marks a 0.4% decrease in the past 24 hours, and a 4.3% drop below its all-time high of $111,000, set in May. Despite the rebound, analysts are closely watching for potential shifts in momentum as a number of market indicators and macroeconomic signals suggest a more cautious short-term outlook. Among the recent developments drawing attention is a sharp rise in Net Taker Volume on Binance, along with significant stablecoin outflows from derivative platforms. CryptoQuant analyst Amr Taha noted in a recent market commentary that these changes could indicate increased speculative activity. While some traders interpret such surges as bullish signals, they often occur due to short liquidations or sudden retail buying rather than consistent organic demand. Related Reading: Bitcoin Short-Term Holder Floor Rises Toward $100,000, Reinforcing Bullish Sentiment Derivatives Activity and Fed Commentary Fuel Market Caution On June 24, Binance’s Net Taker Volume crossed $100 million for the first time since early June. This level of activity, according to Taha, can sometimes signal buying momentum but may also point to forced closures of short positions, especially in high-leverage environments. Taha emphasized that without strong capital inflows to back the movement, these bursts tend to be short-lived. Simultaneously, more than $1.25 billion in stablecoin liquidity has exited derivative exchanges, marking the largest capital outflow from these platforms since May. These outflows reduce the base for opening new leveraged positions, potentially dampening future market momentum. Taha also pointed to external economic cues, particularly a recent statement by US Federal Reserve Chair Jerome Powell. During his testimony before Congress, Powell signaled that rate cuts may be on the table depending on upcoming economic conditions. While looser monetary policy is often viewed as favorable for risk assets like Bitcoin, the shift also reflects underlying uncertainty. The analyst also mentioned that the Swiss Franc, traditionally seen as a safe-haven currency, has also surged against the US dollar, suggesting that some investors are leaning risk-off amid broader macroeconomic developments. Market Structure Remains Firm, But Momentum Is Slowing Separately, another CryptoQuant analyst known as Crypto Dan offered a different perspective using a bubble chart model that visualizes trading volume trends across exchanges. According to Dan, Bitcoin is currently experiencing a “cooling” phase. This implies reduced trading activity without dramatic spikes in volume, often seen as a sign that the market is consolidating rather than overheating. Related Reading: CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin? He noted that while BTC remains close to its all-time high, the path forward may depend on macroeconomic catalysts such as confirmed interest rate cuts or regulatory clarity. Featured image created with DALL-E, Chart from TradingView
US President Donald Trump’s namesake meme token has tumbled hard, slumping nearly 90% from its all-time high set six months ago. Related Reading: Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push Today, TRUMP is trading at $8.80, down 6% in the last seven days. Traders are on edge after the project’s team yanked $4.4 million in USDC from liquidity pools and a single whale lined up a $2.5 million sell order. Team Pulls Millions From Liquidity According to a recent post on X by Lookonchain, the Trump Coin team withdrew $4.4 million worth of USDC and moved 347,438 TRUMP tokens—valued at $3.12 million—from the main liquidity pool into a fresh wallet. The #Trump Meme Team removed 4.4M $USDC and 347,438 $TRUMP($3.12M) in liquidity 6 hours ago. They then bridged 4.4M $USDC to #Ethereum and transferred 347,438 $TRUMP($3.12M) to a new wallet.https://t.co/ORSLE6vJiAhttps://t.co/SYyNae1nio pic.twitter.com/okTk1u0Ow9 — Lookonchain (@lookonchain) June 26, 2025 That move came without any heads-up or clear reason. Now, many investors worry that the team might be preparing to dump coins, which would add selling pressure to a coin already struggling with low demand. Whale Places Huge Sell Order Based on reports, a major wallet known as Kewh32 has put 275,672 TRUMP tokens on the market, roughly $2.5 million at current prices. This whale also sold 100,000 tokens earlier in June and still holds 369,400 coins. If those tokens ever hit exchanges, the added supply could push the price even lower. Price Pattern Offers Mixed Signal On the daily chart, TRUMP has traced out a falling wedge pattern. That setup often leads to a breakout, but only when buyers step in with strength. Here, trading volumes remain weak. The relative strength index (RSI) has sat below 50 for over a month, signaling that sellers are still in control. At the same time, the Awesome Oscillator just flipped green—albeit still below zero—which hints that bearish momentum may be fading. Related Reading: Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak Investor Confidence Falters Many traders are watching the $8 to $9 range closely. A failure to hold above $8 could spell more losses and test deeper support. Right now, there’s no sign of a strong rally. Without fresh buying interest or positive news, the downtrend inside the wedge looks set to continue. It won’t take much to spark a short squeeze—maybe a burst of social media hype or a big buy from another whale. But trust in the token’s team is shaky after the recent liquidity pull. Until on-chain activity shows real demand, most market players expect more choppy trading and lower prices. Featured image from Unsplash, chart from TradingView
As Bitcoin (BTC) continues its steady climb toward its all-time high (ATH) of $111,814 recorded in May 2025, the cryptocurrency is witnessing a notable shift in its holder composition. New on-chain data suggests that BTC “weak hands” are selling their holdings to larger investors. Bitcoin Moving Upstream From Weak Hands To Big Money According to a recent Cryptoquant Quicktake post by contributor IT Tech, Bitcoin’s supply is moving upstream from retail investors to larger holders. This movement denotes a fundamental shift in the investor sentiment toward the largest digital asset. Related Reading: Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000 Retail investors – those holding less than one BTC – have seen a significant reduction in their holdings, with total balances dropping by 54,500 BTC year-over-year (YoY), to 1.69 million BTC. On average, this cohort has experienced outflows of approximately 220 BTC per day. In contrast, large holders – wallets with 1,000 BTC or more – have expanded their total BTC exposure by 507,700 BTC over the same period, bringing their combined holdings to 16.57 million BTC. This group is now seeing average inflows of around 1,460 BTC per day. Institutional interest in Bitcoin also continues to rise at a historic pace. Notably, institutions are currently absorbing about seven times more BTC than retail investors are selling. At the same time, the post-halving issuance of BTC is currently hovering around 450 BTC a day, raising the possibility of a true “supply squeeze” amid strong buying pressure. To recall, BTC underwent its latest halving in April 2024, when the mining reward for each block on the chain was slashed from 6.25 BTC to 3.125 BTC. In their commentary, IT Tech noted that meaningful retail interest has yet to kick in during this cycle. Unlike previous market tops – where retail investors aggressively accumulated BTC – current data shows them exiting the market, suggesting that the bull run may still have more room to grow. Another metric that points toward the market top being far from the current price level is the Bitcoin 30-day MA Binary CDD. In a recent analysis, CryptoQuant contributor Avocado_onchain noted that the BTC market is “far from overheating.” BTC Short-Term Holder Floor Approaching $100,000 As BTC remains range-bound between $100,000 and $110,000, the short-term holder (STH) realized price – a key psychological support level – is steadily climbing. It currently sits near $98,000, reflecting rising investor conviction. Related Reading: Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall Further on-chain data also shows that both retail and institutional holders are reducing exchange deposits, signalling reluctance to sell at current levels. This behavior supports the idea that many are positioning for further upside. At press time, BTC trades at $107,012, down 0.5% in the past 24 hours. Featured image with Unsplash, charts from CryptoQuant and TradingView.com
Bitcoin has resumed its upward movement, maintaining strength above the $107,000 level as market momentum builds toward the asset’s recent all-time high above $111,000. As of this writing, BTC is trading at $107,242, reflecting a 1.3% gain over the past 24 hours and a 2.7% rise in the past week. The market’s rebound comes after a brief dip last weekend, suggesting that investor confidence remains resilient heading into the next potential leg up. Contributing to the bullish outlook, CryptoQuant analyst İbrahim COŞAR recently highlighted Bitcoin’s successful reclaim of the 50-day Exponential Moving Average (EMA), which he described as a key level to track for short-term price trends. Related Reading: Fast-Tracking A Bitcoin Rally: Expert Identifies 3 Bullish Catalysts Bitcoin Reclaims Key Technical Level, Eyes $120K Potential According to COŞAR, the 50-day EMA often acts as dynamic support during corrections, and regaining this level typically precedes a price rally. In past cycles, similar conditions have led to gains between 10% to 20% shortly after the level was reclaimed. COŞAR further noted that Bitcoin’s reclaim of the 50-day EMA occurred after a short-lived breakdown, which was quickly reversed with three consecutive daily closes above the level. This technical setup mirrors previous instances that preceded substantial upward moves. COŞAR also cautioned that while the technical structure favors continued gains, geopolitical uncertainties, especially involving the US, Israel, and Iran, could introduce sudden volatility. As a result, he advised market participants to avoid leveraged positions in the short term and remain prepared for potential price swings. COŞAR wrote: That said, geopolitical developments—particularly any positive or negative news involving the U.S., Israel, and Iran—could trigger sudden volatility in BTC’s price. Please avoid using leverage during this period and remain cautious in the face of potential market swings. Further Into Technicals: Analyst Points to Bullish Flag Adding to the conversation, independent crypto analyst Captain Faibik suggested that Bitcoin’s price pattern is forming a bullish flag, a common continuation pattern in technical analysis. According to Faibik, while the structure indicates a likely breakout, a final corrective dip to the $97,000–$98,000 range may occur before upward momentum resumes. Related Reading: Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall He emphasized that a confirmed breakout above the $108,000 resistance would be a key signal, potentially setting the stage for a mid-term target of $130,000. $BTC is currently forming Bullish flag Pattern, but there’s a chance we could see one more correction before the massive Bullish Rally begins.. I expect Bitcoin to dip towards the 97–98k zone before bouncing back towards the 108k Crucial Resistance.. Bulls need to break and… pic.twitter.com/YwOOREZTe7 — Captain Faibik ???? (@CryptoFaibik) June 25, 2025 Notably, while short-term price forecasts vary, both analysts agree on the broader direction: Bitcoin remains in a bullish phase supported by technical trends. These insights align with broader market sentiment, including the increased inflow from institutional investors. Featured image created with DALL-E, Chart from TradingView
Following a quick drop to nearly $98,000 over the weekend, Bitcoin (BTC) has recovered most of its recent losses and is now trading above $107,000 at the time of writing. Fresh on-chain data suggests that the short-term holder (STH) floor for BTC has been steadily rising toward the $100,000 level. Bitcoin STH Floor Approaching $100,000 According to a recent CryptoQuant Quicktake post by contributor unchained, Bitcoin’s STH Realized Price has been making its slow grind up toward the psychologically important $100,000 level. Notably, the analyst had earlier dubbed this metric as the “fault line” to watch. Related Reading: Bitcoin Binary CDD Hints At Healthy Consolidation, Not A Top For the uninitiated, the STH Realized Price represents the average price at which all Bitcoin held for less than 155 days was acquired. It acts as both a key psychological and technical support level. When the market price stays above it, STH are in profit and more confident, whereas if it falls below, fear and selling pressure often increase. Currently, the STH Realized Price hovers around $98,000. The analyst notes that each $500 rise in the STH Realized Price effectively resets the “new buyers’ comfort floor.” As this metric nears six figures, the mental stop-loss for newer investors also moves upward. The following chart illustrates two recent instances where BTC bounced sharply after touching the blue STH Realized Price line. This price action suggests a bullish structure, where selling pressure diminishes as soon as BTC revisits its average cost basis. Meanwhile, the premium – the difference between BTC’s spot price and STH Realized Price – currently hovers around 7.2%. A shrinking premium, typically under 10%, has historically signalled reduced market froth and often preceded the next leg up once open interest began to rebuild. On the long-term side, the long-term holder (LTH) Realized Price remains largely unchanged at $32,000, roughly one-third of the STH Realized Price. The analyst observes that these long-term coins are likely held in cold storage, indicating “strong hands” with little incentive to sell. They concluded: The blue line is climbing relentlessly; as long as BTC lives above it, the prevailing tide is still higher-lows, higher-highs. Lose it on a daily close, and we get our first real gut-check since April – otherwise the bull engine is merely cooling its cylinders. Experts Predict New High For BTC As BTC’s STH Realized Price continues to surge higher – resulting in a higher floor price for the digital asset – several crypto experts seem to agree that the cryptocurrency may soon reach a new all-time high (ATH) in the coming months. Related Reading: Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest For instance, Bitcoin is forming a bullish inverse head and shoulders pattern on the three-day chart, eyeing a potential ATH of as high as $150,000. At press time, BTC trades at $107,711, up 2.1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling out over 4,000 BTC and 61,000 ETH in a single day. This shift comes amid easing geopolitical tensions and declining inflation, fuelling speculation about a renewed rally. Bitcoin Likely To Rally As Global Tensions Simmer According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Bitcoin is likely to resume its upward trajectory, bolstered by a series of recent macroeconomic and geopolitical developments. The analyst highlighted multiple positive signals that could propel the top digital asset closer to its all-time high (ATH). Related Reading: Bitcoin Yearly Trend Suggests Cycle Top Near $205,000 By Year-End, Analyst Says One of the key developments was an announcement by US President Donald Trump, who stated that a ceasefire agreement had been reached between Israel and Iran. This deal removes the immediate threat of Iran closing the Strait of Hormuz, a vital chokepoint for global oil supply. The ceasefire had an immediate and positive effect on global equity markets, with the S&P 500 index surpassing 6,000 for the first time since February 2025. This recovery signals growing investor confidence as geopolitical risks subside. In addition, crude oil prices dropped by 14%, adding to the disinflationary narrative. Lower energy costs help reduce production and transportation expenses, thereby supporting a broader decline in inflationary pressures. Taha concluded: The convergence of significant crypto outflows from Binance, falling oil prices, a bullish breakout in US equities, and the reduction of Middle Eastern tensions presents a striking scenario. With the geopolitical overhang removed, inflation easing, and macro markets stabilizing, Bitcoin is now well-positioned to resume its upward trajectory. Meanwhile, Bitcoin whales – wallets holding large amounts of BTC – appear to be quietly accumulating in anticipation of a breakout. In another CryptoQuant post, contributor Mignolet noted that whale accumulation has been rising steadily since BTC bottomed in April. Mignolet pointed out that whale activity typically increases during periods of low market attention or heightened fear, often foreshadowing bullish reversals. Historical data supports this trend, showing that increased accumulation often precedes significant price surges. Bullish Quarter For BTC In an X post published today, seasoned crypto analyst Titan of Crypto stated that BTC is set to close a bullish monthly candle, reinforcing the long-term uptrend for the flagship cryptocurrency. Several other on-chain and technical indicators also suggest further upside potential. For example, Bitcoin Binary CDD shows that long-term holders are continuing to hold rather than sell, indicating strong conviction in BTC’s long-term value. Related Reading: Bitcoin Forming Inverse Head And Shoulders Pattern – Is $150,000 The Next Target? At the same time, the number of short positions is climbing as BTC consolidates between $100,000 and $110,000. This dynamic raises the probability of a short squeeze, potentially propelling Bitcoin to a new ATH. At press time, BTC trades at $105,408, up 5.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
Following a weekend dip, Bitcoin has reclaimed the $100,000 price mark, signaling renewed short-term strength amid geopolitical tensions. As of the time of writing, BTC is trading at $105,323, up by 4% in the last 24 hours. The price recovery arrives in broader investor sentiment shifts, both in on-chain behavior and exchange activity. A recent analysis from CryptoQuant’s analyst Darkfost sheds light on a multi-year transition among Bitcoin holders. The analyst observes that fewer Bitcoin addresses are depositing coins onto exchanges, a trend that has persisted since the end of the 2021 market cycle. This declining activity may not necessarily suggest fading interest in BTC, but rather a transformation in how investors interact with the asset, potentially hinting at longer-term strategies becoming the norm. Related Reading: Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else Decline in Exchange Deposits Suggests Structural Market Shift According to Darkfost, between 2015 and 2021, the number of Bitcoin addresses depositing funds to exchanges steadily increased, peaking at an annual average of around 180,000. However, this upward trend has reversed sharply in the years since. The 10-year moving average now hovers around 90,000, while the 30-day average has fallen to 48,000. Most recently, the daily figure dropped to just 37,000. Darkfost mentioned: This reflects a significant behavioral change among BTC investors, which can likely be attributed to several key factors : – One major factor is the arrival of ETFs, which allow exposure to Bitcoin’s price performance without the complexity or risk of directly managing the asset. Additionally, the current market cycle has seen relatively low retail participation, which historically contributed to exchange deposits. More notably, an increasing number of investors, ranging from individuals to institutions, are treating Bitcoin as a long-term store of value or treasury reserve asset rather than a short-term speculative vehicle. The CryptoQuant analyst added: These shifts, which have emerged gradually over time, are precisely what drive Bitcoin’s evolving identity in financial markets. It may well be this transformation that ultimately solidifies BTC’s role as a store of value. Bitcoin Whale Accumulation Patterns Emerge Amid Lower Volume In a separate analysis, another CryptoQuant analyst, Mignolet, focused on activity by large holders on the Bybit exchange. He highlighted that as general market interest and trading volume diminish, the trading patterns of whales become more visible. Mignolet noted that previous periods of reduced sentiment and low volume often saw significant whale accumulation, which historically preceded upward price movements. Related Reading: Bitcoin Repeats Its 2021 Pattern—Analyst Warns Final Crash Still Ahead This pattern, according to Mignolet, appears to be repeating. Since Bitcoin’s local bottom in April, consistent accumulation by large entities has been observed on Bybit. He suggested this could be a signal of underlying market confidence, particularly when retail activity is minimal. While not a guaranteed forecast, historical parallels imply that such behavior may again precede broader price strength, lending weight to ongoing consolidation as a potential setup for future momentum. Featured image created with DALL-E, Chart from TradingView