Solana started a recovery wave above the $125 zone. SOL price is now consolidating and faces hurdles near the $128 zone. SOL price started a decent recovery wave above $122 and $125 against the US Dollar. The price is now trading above $125 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $124 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $128 and $130. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $118, like Bitcoin and Ethereum. SOL was able to climb above the $122 level. There was a move above the 61.8% Fib retracement level of the downward move from the $132 swing high to the $117 low. Besides, there was a break above a key bearish trend line with resistance at $124 on the hourly chart of the SOL/USD pair. The bulls even pushed the price above $125. However, the bears remained active near $128. Solana is now trading above $125 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $128 level, and the 76.4% Fib retracement level of the downward move from the $132 swing high to the $117 low. The next major resistance is near the $130 level. The main resistance could be $135. A successful close above the $135 resistance zone could set the pace for another steady increase. The next key resistance is $142. Any more gains might send the price toward the $145 level. Another Decline In SOL? If SOL fails to rise above the $128 resistance, it could continue to move down. Initial support on the downside is near the $124.50 zone. The first major support is near the $122 level. A break below the $122 level might send the price toward the $117 support zone. If there is a close below the $117 support, the price could decline toward the $105 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $125 and $122. Major Resistance Levels – $128 and $130.
Reports note that Bitcoin holders realized large losses as prices slid, and the headline number is hard to ignore. According to on-chain tracker CryptoQuant, about $4.5 billion in net losses was recorded on January 23. Related Reading: Bitcoin Influencers Get Spotlight In X’s New ‘Starterpacks’ That number reflects moved coins sold at prices lower than when they were bought. It is a big transfer of paper pain into real losses. Realized Losses Spike While the dollar figure grabs attention, the meaning is what matters. Many who bought late in the run higher are choosing to sell rather than hold through more decline. That behavior shows frustration. Reports say the Net Realized Profit and Loss metric tallies this by comparing sell prices to purchase prices, and a negative reading this large signals a wave of capitulation. Some larger, long-term holders have been quieter. Their activity appears muted while smaller and mid-term participants make the day-to-day moves. According to analyst posts on CryptoQuant, this mix — quiet big holders and active smaller sellers — is common during corrective stretches. It does not automatically mean the market is broken; it means sentiment has shifted toward caution. $4.5 Billion in Realized Loss on Bitcoin “Highest amount of realized losses in three years. The last time this occurred in Bitcoin, the price was trading at $28,000 after a brief correction period that lasted about a year.” – By @gaah_im pic.twitter.com/OJ7bbL3RSC — CryptoQuant.com (@cryptoquant_com) January 26, 2026 Bitcoin Price Action Midway through the week, Bitcoin traded around the mid-$80,000s, well below the $90,000 mark that some investors had eyed as a key level. Market chatter shows traders watching macro cues like the US Federal Reserve and inflation data for guidance. Volatility has not disappeared; it has simply become more tied to broader economic signals than to isolated crypto headlines. Whale addresses appeared to step in at times, helping to hold local price floors. But many traders remain cautious. Reports note that geopolitical headlines can cause quick swings, yet the current movement looks more like slow digestion of profit and repositioning than explosive panic selling. Activity on spot exchanges and ETF flows has been variable, reflecting the mixed mood across the market. Related Reading: XRP Showing Strength, Analyst Points To $4 Potential Capitulation Has Come Before Similar loss spikes were seen in March 2023, when realized losses reached close to $6 billion, and in November 2022, when losses hit roughly $4.3 billion. These events were followed by consolidation and then eventual recovery. Based on reports from analytics firms and market observers, spikes in realized losses can mark the late stages of selling pressure, after which the market sometimes finds a base. Featured image from Pexel, chart from TradingView
Coinbase has been working with Solflare, R2, and Flipcash to bring custom stablecoins to market, with the latest testing focused on Flipcash’s USDF.
The filing comes after regulators closed their probe into Uniswap Labs, shifting attention from enforcement toward questions over liquidity.
Bitmine's increased ETH staking solidifies its influence in the crypto market, potentially impacting Ethereum's network dynamics and staking yields.
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XRP price failed to surpass $2.00 and started another decline. The price is now correcting gains and might struggle to stay above $1.860. XRP price started a downside correction and tested the $1.90 zone. The price is now trading near $1.890 and the 100-hourly Simple Moving Average. There is a declining channel or a possible bullish flag pattern forming with support at $1.860 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it clears $1.950. XRP Price Struggles Below $2.00 XRP price failed to clear $2.00 and started a downside correction, underperforming Bitcoin and Ethereum. The price dipped below the $1.920 and $1.90 levels to enter a negative zone. The price even dipped below the 50% Fib retracement level of the upward move from the $1.810 swing low to the $1.945 high. The bulls are now active near $1.880. There is also a declining channel or a possible bullish flag pattern forming with support at $1.860 on the hourly chart of the XRP/USD pair. The price is now trading near $1.890 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.920 level. The first major resistance is near the $1.950 level, above which the price could rise and test $2.00. A clear move above the $2.00 resistance might send the price toward the $2.050 resistance. Any more gains might send the price toward the $2.120 resistance. The next major hurdle for the bulls might be near $2.150. Another Decline? If XRP fails to clear the $1.950 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.880 level. The next major support is near the $1.860 level and the 61.8% Fib retracement level of the upward move from the $1.810 swing low to the $1.945 high. If there is a downside break and a close below the $1.860 level, the price might continue to decline toward $1.8320. The next major support sits near the $1.80 zone, below which the price could continue lower toward $1.7650. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.880 and $1.860. Major Resistance Levels – $1.950 and $2.00.
Intel's potential partnerships with NVIDIA and Apple could enhance US chip manufacturing, reduce reliance on TSMC, and align with "Made in America" goals.
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XRP is trading below the $2.00 mark as the market drifts into a phase defined by apathy and uncertainty, with participation thinning and conviction on both sides fading. After a powerful rally earlier in the cycle, price action has cooled significantly, and recent attempts to regain momentum have failed to attract sustained follow-through. The current environment reflects a market that is no longer driven by aggressive speculation but instead is weighed down by caution and a lack of clear directional catalysts. Related Reading: Bitcoin Breaks Below $87K As Political Risk Spikes – Liquidations Reveal The Real Driver Top analyst Darkfost explains that the shift began in the derivatives market. After XRP open interest on Binance surged to a new all-time high of $1.76 billion on July 17, positioning became increasingly crowded. As price stalled and volatility picked up, that leverage started to unwind. The result was a sharp contraction in open interest, which unfolded alongside a major price correction. XRP fell from $3.55 to $1.83, a drawdown of nearly 50%, highlighting how tightly price and leverage were linked during the distribution phase. Declining moving averages compress the price, signaling persistent downside pressure and weak momentum. Most recently, Binance XRP open interest dropped below $500 million, a level that has persisted since the exceptional liquidation event on October 10. This sustained compression signals a market that has largely flushed excess leverage, but has yet to see renewed speculative interest—leaving XRP stuck below $2 and searching for a new equilibrium. Deleveraging Resets Market Structure After Liquidity Flush Overall, XRP open interest has fallen by nearly 60%, signaling a significant destruction of liquidity in the derivatives market, particularly following the October 10 (10/10) liquidation event. This contraction reflects a broad unwinding of leveraged positions rather than a sudden collapse in spot demand. As positions were forced out or closed voluntarily, the derivatives layer thinned substantially, leaving the market far less crowded than during the mid-2025 peak. It is also important to recognize the mechanical effect of price on open interest. As XRP’s price dropped, the notional value of outstanding futures contracts fell alongside it, naturally amplifying the contraction in OI. In other words, part of the drop reflects lower prices reducing leverage in dollar terms, not just traders exiting positions. Still, the scale of the decline points to a genuine reset in speculative activity. Stepping back, these deleveraging phases play a critical role in restoring healthier market conditions. They flush out excess leverage, reduce forced-selling risk, and shift control away from overextended short-term traders. Historically, such phases become visible when XRP open interest on Binance falls below its semi-annual average, as is the case now. Past cycles show that once leverage is rebuilt gradually—and participation returns without excessive crowding—price action often stabilizes first and recovers later. While this does not guarantee an immediate rally, the current cleanup phase reduces downside fragility and lays the groundwork for a more sustainable move if demand re-emerges. Related Reading: US Institutions Step Back From Ethereum: Coinbase Premium Flashes Caution XRP Price Action Details XRP is trading just below the $2.00 psychological level, hovering around $1.89. This is a zone that has repeatedly acted as short-term support over recent months. Declining moving averages compress the price, signaling persistent downside pressure and weak momentum. The 50-period moving average (blue) continues to slope downward and now acts as dynamic resistance near the $2.30–$2.40 region. Above it, the 100-period moving average (green) reinforces this resistance cluster, confirming that medium-term trend control remains with sellers. More importantly, XRP is now leaning on the 200-period moving average (red), which has flattened and is acting as a critical structural support around the $1.85–$1.90 range. Historically, sustained trading near the 200 MA often marks transition zones between continuation and broader trend failure. A clean break below this level would expose risk toward prior demand zones near $1.60–$1.70. Related Reading: Bitcoin Stuck In Bear Mode For 83 Days: Trend Pulse Confirms Structural Weakness Volume remains muted, suggesting market apathy rather than panic selling. This aligns with the broader derivatives deleveraging we’ve already observed, suggesting that the market has largely flushed out speculative pressure. For any meaningful recovery, XRP must reclaim the 50 MA and hold above $2.00. Until then, price action points to consolidation under resistance. The direction hinges on whether long-term support continues to hold or finally gives way. Featured image from ChatGPT, chart from TradingView.com
Silver prices have been on the rise and hit a new all-time high of just over $117 on Tuesday, though some analysts warn this could be a price top is coming soon for the precious metal.
Tether owns around 140 tons of gold, worth around $23 billion, stored in a nuclear bunker in Switzerland, according to Bloomberg.
ERC-8004, which a lead developer has tipped will be deployed to mainnet this week, enables AI agents to discover and trust each other across platforms without centralized gatekeepers.
Ethereum price started a recovery wave from the $2,800 zone. ETH is now trading near $3,000 and might aim for more gains if it clears $3,050. Ethereum managed to stay above $2,850 and started a recovery wave. The price is trading above $2,950 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,970 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,880 zone. Ethereum Price Starts Recovery Ethereum price managed to remain stable above $2,850 and started a recovery wave, like Bitcoin. ETH price was able to clear the $2,900 and $2,920 resistance levels. The price cleared the 61.8% Fib retracement level of the downward wave from the $3,065 swing high to the $2,784 swing low. The price even surpassed the $3,000 level. A high was formed at $3,030 and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $2,784 swing low to the $3,030 high. Ethereum price is now trading above $2,980 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2,970 on the hourly chart of ETH/USD. If the bulls remain in action above $2,970, the price could attempt another increase. Immediate resistance is seen near the $3,030 level. The first key resistance is near the $3,050 level. The next major resistance is near the $3,065 level. A clear move above the $3,065 resistance might send the price toward the $3,120 resistance. An upside break above the $3,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,180 resistance zone or even $3,200 in the near term. Another Rejection In ETH? If Ethereum fails to clear the $3,050 resistance, it could start a fresh decline. Initial support on the downside is near the $2,970 level. The first major support sits near the $2,950 zone. A clear move below the $2,950 support might push the price toward the $2,880 support. Any more losses might send the price toward the $2,825 region. The main support could be $2,780. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,950 Major Resistance Level – $3,050
The restaurant chain said that its adoption of Bitcoin is one of the main reasons that it is “trouncing” its fast-food competitors.
Adoption has been strongest in the hospitality, travel, digital goods, and gaming industries. Millennials and Gen Zs are proving to be the most crypto-savvy shoppers.
Data shows social media interest has shifted away from Bitcoin and the cryptocurrency sector recently as interest in Gold and Silver has spiked. Crypto Social Volume Has Cooled Recently In a new post on X, analytics firm Santiment has talked about how the Social Volume has compared between the cryptocurrency market, Gold, and Silver recently. Related Reading: Stablecoin Market Cap Drops By $7 Billion—What It Means For Bitcoin The “Social Volume” is an indicator that tells us about the amount of discussion that a given term or topic is receiving on the major social media platforms. It does so by counting up the total number of posts/messages/threads on the platforms that contain unique mentions of the term. Retail traders outweigh all other types of investors in population, so social media discourse tends to be a reflection of their behavior. As such, a spike in Social Volume for a particular market signals retail interest in the space. Historically, crypto traders have shifted their attention between various sections like memecoins, AI, blue chips, etc. based on where hype is the greatest. The pattern has changed recently, however, as Santiment has explained, “now, retail is proving to be open to jumping sectors entirely, with social data showing how gold, silver, and even equities are getting more and more interest based on wherever the latest pumps appear.” Below is the chart for the Social Volume shared by the analytics firm that shows this trend in action. As displayed in the graph, social media users have seen their attention shift multiple times across January. In the first week, the Social Volume was muted for all markets, corresponding to a post-holidays lull. During the second week, Gold witnessed its Social Volume shoot high as its price reached new all-time highs. Bitcoin rose alongside this surge, but crypto Social Volume still didn’t budge much. In the third week, however, social media interest in digital assets saw a return as Bitcoin and other tokens retraced. This activity likely corresponded to traders trying to speculate about the bottom. Now, in the final week of January, Silver has taken the lead in social media talk, with Gold right behind it and interest in crypto at a low. The shift in retail attention has come as Silver has set new records. “Remember that when crypto retail begins FOMO’ing in, that’s generally where tops appear,” noted Santiment. This pattern was witnessed during Silver’s latest run to a new all-time high above $117, which was followed by a drop to $103 within hours as retail hype spiked on social media. Related Reading: XRP, Ethereum Now ‘Undervalued’ On MVRV, Says Santiment With the crypto Social Volume still sitting at relatively low levels, it would appear that the small traders currently don’t feel strongly about Bitcoin and company. Bitcoin Price Bitcoin has seen a bearish second half of January as its price has retraced back to $88,000. Featured image from Dall-E, chart from TradingView.com
NFT marketplace Nifty Gateway announced on Saturday that it was shutting down, and has now been followed by Rodeo, which only launched on iOS last March.
SoftBank's increased investment in OpenAI could accelerate AI advancements, influencing global tech dynamics and competitive landscapes.
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Bitcoin options data shows bearish bets holding the advantage in Friday’s $10.8 billion expiry, unless bulls manage a pre-expiration breakout above $90,000.
Bitcoin price started a recovery wave above $88,000. BTC is slowly moving higher and might rise further if it clears $89,600. Bitcoin started a minor recovery wave above the $88,000 level. The price is trading above $88,500 and the 100 hourly simple moving average. There is a rising channel forming with resistance at $89,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might recover further if it manages to settle above $89,600 and $90,000. Bitcoin Price Starts Recovery Bitcoin price remained stable above the $87,000 support. BTC formed a base and recently started a recovery wave above the $87,500 level. The price climbed above the $88,000 and $88,500 levels. There was a move above the 61.8% Fib retracement level of the downward move from the $91,098 swing high to the $86,007 low. The bulls even pushed the price above $89,000. Bitcoin is now trading above $88,500 and the 100 hourly simple moving average. If the price remains stable above $88,500, it could attempt a fresh increase. Immediate resistance is near the $89,600 level. Besides, there is a rising channel forming with resistance at $89,600 on the hourly chart of the BTC/USD pair. The first key resistance is near the $90,000 level since it is close to the 76.4% Fib retracement level of the downward move from the $91,098 swing high to the $86,007 low. A close above the $90,000 resistance might send the price further higher. In the stated case, the price could rise and test the $90,500 resistance. Any more gains might send the price toward the $91,200 level. The next barrier for the bulls could be $92,000 and $92,500. Another Rejection In BTC? If Bitcoin fails to rise above the $89,600 resistance zone, it could start another decline. Immediate support is near the $88,800 level. The first major support is near the $88,500 level. The next support is now near the $87,600 zone. Any more losses might send the price toward the $87,200 support in the near term. The main support sits at $86,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $88,500, followed by $87,200. Major Resistance Levels – $89,600 and $90,000.
Bitwise’s Matt Hougan says crypto will have to “wrestle with prolonged regulatory grind and skepticism” if the US fails to pass a market structure bill.
Bitcoin is struggling to regain traction below the $88,000 level as fear and uncertainty continue to dominate market sentiment. After a volatile selloff, the price has stabilized, but confidence remains fragile, with traders closely watching whether current support can hold or if another leg lower is still ahead. The lack of a decisive rebound reflects a market caught between defensive positioning and cautious accumulation, where conviction on both sides remains limited. Related Reading: Bitcoin Breaks Below $87K As Political Risk Spikes – Liquidations Reveal The Real Driver Analyst Axel Adler highlighted a critical divergence developing beneath the surface. According to his analysis, the Market Pressure Index dropped to 30.54, marking a new 30-day low and falling below the previous extremes recorded on January 21 and January 25. Despite this surge in derivatives-related pressure, Bitcoin’s price barely reacted, holding steady around $88.3K. That disconnect between pressure and price is unusual and signals a moment of heightened tension. Price structure reinforces how sensitive this zone has become. Bitcoin is currently trading in the lower 17% of the Donchian channel, positioning BTC just above the $86.4K support level. This area now represents a clear decision point for the market. If buyers continue absorbing supply, a base may begin to form. If support fails, the absence of downside reaction so far could quickly give way to renewed volatility. Extreme Derivatives Pressure Meets Price Stability According to CryptoQuant data, Bitcoin’s Derivatives Market Pressure Index has reached an unusually critical state. The indicator collapsed to 30.54, marking a new 30-day low and exceeding the previous downside extremes recorded on January 21 (36.95) and January 25 (35.63). The Market Pressure Index is a normalized composite that blends price action, cumulative 6-hour net taker flow, Open Interest, and volume delta, calibrated over a 365-day window to improve signal robustness and reduce noise. The most striking detail is the speed of the move. On January 27 at 07:00 UTC, the index dropped 12 points within a single hour, yet Bitcoin’s price barely reacted, moving only from $88.2K to $88.3K. This creates a rare and critical divergence: derivatives pressure reached an extreme, but price refused to break lower. Adler stresses that this behavior leaves the market at a binary crossroads. Either buyers are actively absorbing supply at current levels—suggesting early base formation—or the market is storing downside energy that could be released sharply if support fails. Together, the charts describe a tense equilibrium. Price Structure shows BTC sitting near support, in the lower 17% of the Donchian channel, with a Structure Shift of -0.57, confirming a broken bullish structure. Meanwhile, sellers are applying maximum monthly pressure and meeting resistance. This is either strong demand asserting itself or the final pause before capitulation. Related Reading: US Institutions Step Back From Ethereum: Coinbase Premium Flashes Caution Bitcoin Downtrend Pressure Persists Below Key Averages Bitcoin is trading around $87,800 on the daily chart, continuing to struggle after repeated failures to reclaim higher resistance zones. The broader structure shows a clear transition from the late-2025 uptrend into a corrective phase, with price posting lower highs and weaker rebounds since the sharp selloff in November. While BTC has managed to stabilize above the mid-$80K region, upside momentum remains limited and fragile. From a technical perspective, the moving averages define the current battlefield. Bitcoin is trading below the 50-day moving average (blue), which is now sloping downward and acting as immediate resistance near the low-$90K area. The 100-day moving average (green) sits higher and continues to trend lower, reinforcing a bearish medium-term bias and capping recovery attempts. Above both, the 200-day moving average (red) remains well overhead near the $105K–$108K range, highlighting how far the price has drifted from a fully bullish structure. Related Reading: Bitcoin Indicator Falls Back To Post-Bear Market Levels: Investors Approach A Key Decision Point Recent bounce attempts toward $92K–$96K were decisively rejected, confirming that sellers remain active on rallies. Volume has eased compared to the November capitulation, suggesting reduced urgency rather than strong demand. For bulls, holding the $86K–$88K zone is critical to prevent a deeper breakdown. A daily close back above $90K would be the first step toward stabilizing the trend. Failure to defend current levels keeps downside risk open toward the low-$80K range. Featured image from ChatGPT, chart from TradingView.com
According to the Bitvocation 2025 Bitcoin Jobs Data report, a total of 1,801 Bitcoin-related job openings were posted last year. That number was about 6% higher than the 1,707 listings recorded in 2024. Related Reading: Bitcoin’s Sharp Reversal Leaves Over $800 Million Liquidated In 1 Day Many of the new roles were not for engineers. Non-technical positions — like product managers, marketing leads, and executive support — made up roughly 74% of the openings. This points to firms trying to build stronger day-to-day operations as they grow. Hiring Hot Spots And Fast Movers Reports say the US kept its lead with around 500 listings. But Singapore recorded the fastest jump, with job postings rising by close to 160% year over year, pushing it up the rankings. Some smaller markets also stood out: a few countries in Europe and Asia showed sizable gains, while Switzerland saw a sharp drop in opportunities. Companies appear to be spreading hiring across more places, not just the usual tech hubs. Companies And Roles That Stood Out More than 150 Bitcoin-first firms advertised roles in 2025. Miner companies and payment firms were among the busiest hirers, and a handful of names filled a lot of listings. Director-level spots increased dramatically, by a factor of about 10, as teams added senior hires to manage growth. Remote work dipped. The share of fully remote jobs fell from about 53% to 45%, which suggests more roles now need some physical presence or hybrid schedules. A Tough Match For Some Jobs Reports note that specialized technical roles remain hard to fill. Finding developers with deep Bitcoin protocol knowledge and experience with Lightning remains a challenge for recruiters. At the same time, companies say they want people who understand Bitcoin’s culture and can work within a team. That mix is rare. Salaries were not always listed, but some senior positions had clear compensation bands, signaling firms are willing to pay for experience. Related Reading: Crypto’s Q4 Weakness Mirrors Pre-Rebound 2023: Analysts What This Means For Job Seekers For candidates, the market now rewards broader skill sets. People who can write, manage products, or run operations with a basic grasp of Bitcoin found more openings. Recruiters preferred people who could move between tasks and handle multiple responsibilities, because many teams remained small even as hiring increased. Featured image from Pexels, chart from TradingView
Morgan Stanley largely sat out the first wave of institutional crypto adoption across 2024–2025 but surprised many with three crypto ETF filings earlier this month.
A proposed class action accusing Meta of accessing WhatsApp messages is drawing early skepticism from experts, claiming it lacks evidence.
Chainlink is approaching a technically sensitive area with a growing downside risk on higher timeframes that was flagged by a crypto analyst. Based on a recent technical analysis on X, the analyst noted that LINK’s current weekly structure leaves the market vulnerable if an important support zone around $10 gives way. The price action is still holding above that area for now, but the chart shows that a decisive move below it could quickly change the outlook into a bearish mood. Head And Shoulders Formation On Weekly Timeframe According to a popular crypto analyst known as CryptoBullet on X, LINK’s weekly chart has carved out a standard head and shoulders formation. Based on the rules of technical analysis, the Head and Shoulders (H&S) pattern is bearish. The pattern resolves bearish when there is a confirmed break below the neckline resistance. Related Reading: Bitcoin Price Prediction: Analyst Forecasts 72.86% Crash To $30,000 Technical analysis of Chainlink’s price action shows the left shoulder formed during the early stages of the 2024 recovery, followed by a higher peak that marked the head in early 2025. This was then followed by another lower high that completed the right shoulder in the second half of 2025. However, the most important zone to watch is the neckline support, which slopes slightly upward and is currently sitting in the $10 to $11 region. This support zone has acted as structural support during multiple pullbacks while the head and shoulders pattern was taking shape, making it the most important level to watch going forward. As long as the price holds above it, then the pattern is unconfirmed. ChainLink Price Chart. Source: @CryptoBullet1 on X Losing Support Level And Price Targets The analyst cautioned that a decisive weekly close below the neckline would activate the bearish setup. In technical analysis, a confirmed head and shoulders breakdown is known to open the path to a measured move equal to the height of the pattern. Applied here, that projection places LINK’s downside target in the $4 to $5 range, which would represent just about a 50% decline from current price levels. CryptoBullet described this outcome as the lowest area LINK could reach this year if there’s strong selling pressure, and that such a move would only come into play if support fails very quickly. Related Reading: Ripple’s Next Steps: Where XRP Stops Being Trade And Starts Being Infrastrucutre Notably, the analysis also pointed to an intermediate level that could act as a stopping point that might stop LINK from crashing to $4. A more conservative downside target is around $7.15, which is connected with the Point of Control on the Volume Range Visible Profile and overlaps with the 2022 to 2023 accumulation zone that’s shown on the chart above. At the time of writing, LINK is trading at $11.98, up by 1.1% in the past 24 hours but down by 5.4% in a seven-day timeframe. A rebound from the neckline area would shift the short-term outlook to a relief bounce. Featured image created with Dall.E, chart from Tradingview.com
The new hire comes amid Morgan Stanley also seeking to hire for several other crypto-related roles as firm leans into digital asset adoption.
A man was sentenced to nearly four years in federal prison for his role in laundering almost $37 million in illicit digital-asset proceeds.
The American Innovation Project is launching a new fellowship program for recent college graduates to work alongside lawmakers.
Crypto whales are reaching for gold as Bitcoin stalls, but the trade may be less of a verdict on crypto than a hedge for a specific macro window. On Jan. 27, blockchain sleuth Lookonchain flagged three addresses that collectively withdrew about $14.33 million in tokenized gold from centralized exchanges, including Bybit, Gate, and MEXC. The […]
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While Circle's USDC has operated without a "credible domestic competitor," Tether's USAT has the potential to shake up the landscape, analysts said.