The rally was accompanied by a significant spike in trading volume, with 13.7 trillion tokens traded in a single hour.
The token surged while the broader market gauge, the CoinDesk 20 index, rose 3.9%.
The token surged while the broader market gauge, the CoinDesk 20 index, rose 3.9%.
Both SHIB and BONK displayed inverse head-and-shoulders patterns, indicating continued bullish momentum.
Both SHIB and BONK displayed inverse head-and-shoulders patterns, indicating continued bullish momentum.
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
Ether climbs to $2,601 as institutional narratives strengthen following bullish ETF commentary and Robinhood’s L2 blockchain development on Arbitrum.
BONK rallied to $0.00001494 as Tuttle Capital filed a post-effective amendment stating its 2x leveraged ETF could go live as early as July 16 if approved.
The token gained amidst a wider rally in crypto markets, with the Coindesk 20 index up 4.2%.
Technical analysis suggests steady upward pressure, with PEPE forming a series of higher lows and briefly piercing a resistance level .
The dollar index tanked over 10% in the first half.
Dogecoin formed a bullish double bottom pattern, gaining over 2% to more than 16 cents.
Solana started a fresh decline and retested the $145 support zone. SOL price is now recovering and might aim for a fresh increase above the $150 zone. SOL price started a fresh decline after it failed to clear $160 against the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $147 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $152 resistance zone. Solana Price Trims Gains Solana price struggled to continue higher above $160 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $155 and $152 support levels. It even dipped below $150 and tested the $145 zone. A low was formed at $144 and the price is now correcting some losses. There was a move above the 23.6% Fib retracement level of the downward move from the $160 swing high to the $144 low. Besides, there was a break above a key bearish trend line with resistance at $147 on the hourly chart of the SOL/USD pair. Solana is now trading below $150 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $150 level. The next major resistance is near the $152 level. It is close to the 50% Fib retracement level of the downward move from the $160 swing high to the $144 low. The main resistance could be $155. A successful close above the $155 resistance zone could set the pace for another steady increase. The next key resistance is $160. Any more gains might send the price toward the $165 level. Another Decline in SOL? If SOL fails to rise above the $150 resistance, it could start another decline. Initial support on the downside is near the $145 zone. The first major support is near the $142 level. A break below the $142 level might send the price toward the $136 zone. If there is a close below the $136 support, the price could decline toward the $125 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $145 and $142. Major Resistance Levels – $152 and $155.
ETH fell to $2,418, down 3.3% in 24 hours, as traders failed to defend support near $2,460 during high-volume selling.
SOL dropped nearly 8% despite growing institutional demand and an imminent U.S. ETF offering staking rewards.
The Polkadot ecosystem saw a steep fall in transaction volume in the first half of the year.
Technical analysis suggests a potential "golden cross" pattern, which could precede a multi-week rally.
The BCH/BTC pair has risen nearly 20% in four weeks, with a bullish golden crossover indicating potential for a bull market.
The dollar index's crash supports the long-term bull case in BTC. However, BTC's short-term technicals look bleak.
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
Ether rose 3.5% in 24 hours amid record ETF inflows, rising staking, and Robinhood's Arbitrum-based Layer-2 plans.
HBAR rose 2.1% to $0.1519 as ecosystem updates — including an AI toolkit, gaming expansion, and council additions — have kept Hedera in focus this month.
The FIL token gained 6% before encountering high-volume resistance at the $2.41 level.
The decline occurred as bitcoin's dominance increased alongside lowered volatility.
The BTC-gold ratio increased by over 10% to 33.33 last week, marking its best performance in two months.
Bitcoin rose 0.54% to $107,937 after analyst Will Clemente said Trump’s deficit comments reinforce the bull case for BTC and gold.
BNB held above $648 Sunday ahead of the Maxwell upgrade, which will cut block time in half and boost scalability, validator sync, and network efficiency.
Ondo rose 1.5% on Sunday, nearly two weeks after the team announced a major alliance to expand global access to tokenized U.S. securities.
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
Strong technical indicators propel Avalanche’s token to test key short-term resistance levels.