The Norwegian government is weighing a temporary ban on cryptocurrency mining, citing concerns over electricity consumption, network capacity, and land use. In a notice issued Friday, officials announced that a formal investigation will be conducted in the autumn to evaluate the potential impact of mining operations. The outcome could lead to a temporary halt on such activities, aimed at redirecting resources toward more essential public and industrial needs. The potential ban would be under Norway’s Planning and Building Act, a legislative tool that allows the government to allocate energy usage and infrastructure. “It is uncertain how big a problem crypto mining will become in Norway in the future,” the government said, adding that newly introduced data center regulations requiring registration will help clarify the scope and footprint of crypto-related facilities. Rising Electricity Costs Norwegian households, like many across Europe, have seen a sharp increase in electricity prices over the past two years, largely driven by Russia’s invasion of Ukraine and the subsequent disruption in oil and gas supplies. This has added urgency to national efforts to prioritize energy allocation and limit non-essential power consumption . Local communities have also voiced frustrations over the noise generated by crypto mining farms, with several petitions calling for shutdowns of such operations. While mining may bring in revenue and investment, many argue it offers little social benefit and places an unnecessary burden on already strained infrastructure. Norway to Ban Mining? Norway’s proposal echoes similar moves in other regions. Earlier this year, Russia imposed mining bans across 10 regions to prevent power outages and reduce energy stress. China, once the global leader in Bitcoin mining, implemented a blanket ban in 2021, pushing many miners to relocate to more crypto-friendly jurisdictions like Texas in the United States. Despite ongoing environmental concerns, crypto mining remains legal across most of the U.S., where it continues to contribute significantly to the global Bitcoin hashrate. Lawmakers have raised questions about sustainability, but regulatory action has been sporadic and state-specific. For now, Norway’s move signals a growing shift among European nations toward reevaluating the energy-intensive nature of crypto mining. The post Norway Considers Temporary Ban on Crypto Mining to Address Energy Strain appeared first on TheCoinrise.com .
Pi Network and it’s native cryptocurrency – Pi Coin – are undoubtedly amongst the most polarizing topics within the community. Nonetheless, we’ve decided to conduct a fun experiment and use the prominent AI-based chatbot ChatGPT to understand when it would be a good time to buy PI within the current market context, of course. The following is a conversation with ChatGPT and its arguments based on the 1-day, 4-hour, and 1-hour price charts. Let’s see how it goes. Defining Expectations and Tuning the AI If you’ve had any experience with ChatGPT, you will know that its data set could be lacking in certain areas. That’s why it’s important to fine tune it if you want more precise answers. First, it’s important to define the role of the bot for the conversation. In our case, we want it to act from the standpoint of a professional analyst and crypto trader, so that’s what we tell it. As soon as we do that, though, you can see some of its problems: Source: ChatGPT As you can see, ChatGPT doesn’t recognize PI as an officially tradeable cryptocurrency and hasn’t yet acknowledged the fact of its mainnet launch, which took place earlier this year. We had to remind it. Source: ChatGPT Okay, we’re finally on the same page. It’s sourcing price information from Binance’s page. Funnily enough, Binance is yet to list PI, if it ever will, but that’s a topic for another discussion . Pi Network Price Analysis: ChatGPT vs. Charts I will provide the images from the TradingView chart and ChatGPT’s answer in one edited frame so that it’s easier to navigate. Starting with the 1-day chart. Daily chart analysis, ChatGPT To summarize, ChatGPT considers PI to be in a strong bearish trend since achieving its all-time high in late February and is currently in a “capitulation to accumulation” phase with key support at $0.50 – $0.52 and “extreme” support at $0.40 – $0.42. Let’s move on to the 4-hour chart. 4-hour chart analysis, ChatGPT The main conclusions from this, according to ChatGPT, are that the support zone is at around $0.52 – $0.53, which it also calls the “critical buy zone,” while the resistance is found at $0.56 – $0.58. And now, let’s move on to the 1-hour time frame. 1-hour chart analysis, ChatGPT The takeaway from this is that the $0.52-$0.53 zone is acting as a “firm base,” while the $0.56 price point is the immediate resistance. Best Time to Buy PI Coin? And now, for the grand finale, let’s see what ChatGPT thinks is the best strategy and when to buy PI coin. Conclusion, ChatGPT As you can see, the primary buy zone is at what the bot identified as the primary support zone – more or less where, the price is currently trading at around $0.52 to $0.53. If you are patient, though, the higher-reward play, although with lower probability is to buy during conditions of extreme capitulation, which would take place if the price hits $0.42 – $0.44. On the other hand, if you are looking for a safer play, you can wait for the price to reclaim the local resistance with volume. It’s found at $0.56. It’s very interesting to see if this analysis will hold any ground. Of course, treat this as nothing but an experiment and keep in mind that none of what you read here is financial advice. This is just the analysis of an AI-based chatbot that had hard times identifying whether or not PI was actually listed on exchanges. The post Using ChatGPT to Understand When to Buy Pi Network (PI) appeared first on CryptoPotato .
Cryptocurrency is entering a new phase of growth, where utility tokens are gaining attention. These digital assets promise real-world applications, driving excitement during the current bull run. Tokens such as SUI, AVAX, and FET are leading this wave, offering practical uses beyond mere speculation. Meanwhile, emerging projects like Codename:Pepe are capturing interest with bold claims of smart trading opportunities. Within this dynamic landscape, these tokens seek to transform specific sectors and provide tangible value. ONDO and other coins are also carving out their niches, each with unique features that aim to reshape markets. Codename:Pepe, with its playful and ambitious approach, challenges the status quo, promising both hilarity and potential profit. The market watches closely as these developments unfold, anticipating the next big move. Codename:Pepe Unleashes True Intelligence for Maximum Profits The crypto underworld is infested with fake AI agents—shady operators promising “next-gen intelligence” while barely outsmarting a toaster. This nonsense ends today. Codename:Pepe has come to denounce fake AI agents. This ultimate undercover agent does not pretend, it is actually doing something useful: helping you make money in the chaotic meme coin jungle. Codename:Pepe is on a mission of mass hilarity (and, naturally, ridiculous gains). Classified Intel: The True Identity of Codename:Pepe Keep this under wraps: Codename:Pepe is a Pepe in disguise. Modeled after the legendary PEPE coin, which skyrocketed nearly 22,000%, this covert operative has the same ambition. Will it succeed? That depends on its community. Your Directive: Secure Your Position in the Codename:Pepe Mission Unlike VC-backed rug pulls, Codename:Pepe is powered by the people. The bigger the support, the higher it moonwalks. That’s why it has chosen the community-driven presale strategy with a smart plan: Entry Price at Stage One: $0.003333333 (because three is a lucky number) Final Stage Price: $0.151515152 (because round numbers are boring) First-Stage Discount: 98% Translation: Buy early, pay less. Codename:Pepe Mission Explained Codename:Pepe plans to use the power of artificial intelligence to hunt down the juiciest meme coins, predict market trends, and deliver exclusive AI-powered trading signals before the FOMO kicks in. Beyond smart analysis, this genius agent will also trade for you with its fully automated AI-trader, turning those signals into sweet gains. Every great agent needs an elite organization backing them. That’s where $AGNT comes in. Holding $AGNT unlocks membership in a top-secret DAO, where operatives (investors) gain access to classified strategies, insider analytics, and the ability to vote on high-stakes missions. Holding $AGNT will unlock: Membership in a top-secret DAO Access to classified strategies Insider analytics Ability to vote on high-stakes missions Profits from the mutual DAO fund will be allocated to those who stake their $AGNT, ensuring the spoils of the trade go to the most loyal agents. Top-Secret Tokenomics (No Funny Business) This is a community-first operation, so 25% the total token supply is allocated for staking and rewards. Codename:Pepe isn’t just throwing tokens around like confetti. The supply is capped at 5 billion, ensuring no surprise inflation bombs. Further breaking down the tokemonics, only 20% of the supply is allocated for the presale. The offer at a discounted price is limited. Final Orders: Deploy Capital & Secure Your $AGNT Now This is your shot to join crypto’s most ridiculous yet lucrative mission. The best entries go to the fastest trigger fingers. Don’t be the guy who “wished he got in early.” The mission is set. The presale is live. Are you in, or will you let the AI fakes win? Buy Codename:Pepe ($AGNT) Early for a Bigger Discount SUI's Surge: A Look at the Token's Growth and Future SUI, the token of the Sui blockchain, gained attention after its late 2023 surge. It surpassed $1 and hit $2.18 by March 27, 2024. Despite dips, SUI rebounded in autumn, reaching a new high of $2.36 on October 14. By the year's end, it peaked at $5.35, driven by over $2 billion in total value locked. Sui's platform aims for speed and efficiency. Founded by Mysten Labs in 2023, the team includes former Meta developers. Sui uses horizontal scaling for simultaneous transactions, and assets are stored directly on the blockchain, lowering costs. Built on Sui Move, it offers a flexible network shaping the Web3 world. Since launch, SUI's price has grown impressively. From $2.18 in 2024 to $5.35 by year's end, it rose over 145%. This reflects ecosystem growth and strong community engagement. Price predictions suggest that by 2026, SUI could range between $1.03 and $1.27. By 2030, it might reach $25 to $37. These forecasts, based on growth rates and wave count methods, indicate significant long-term potential. In 2025's market, SUI stands out with its robust technology. Its rapid growth, innovative features, and strong support make it an attractive option in the blockchain space. As Sui evolves, its token's future seems promising. Avalanche's Ascent: AVAX Poised for Growth in 2025 Avalanche (AVAX) is a blockchain platform challenging Ethereum in smart contracts. Launched in 2020, it's popular among developers for its compatibility with Ethereum's Solidity language, making project migration seamless. What sets Avalanche apart is its remarkable scalability and speed. Using innovative subnets, it can process up to 6,500 transactions per second, far surpassing Ethereum's 15 TPS. Transaction fees are low, averaging about 50 cents, which enhances its appeal. AVAX reached an all-time high of $146.22 in November 2021. By 2025, it has shown strong performance, reflecting growing confidence in its potential. With the crypto market gaining mainstream interest, AVAX stands out as a promising asset. In the current market cycle, AVAX appears attractive due to its solid fundamentals and increasing adoption. Its ability to scale efficiently positions it well against competitors. As cryptocurrencies gain credibility, AVAX is poised to benefit. Looking ahead, experts predict AVAX could reach $100 or more in the coming years. With its limited supply and fee-burning mechanism increasing scarcity, AVAX has significant long-term growth potential. Fetch.ai: Bridging AI and Blockchain for a Decentralized Future Fetch.ai, founded in 2017 by Humayun Sheikh and Toby Simpson, blends AI with blockchain. Their goal is a decentralized world where Autonomous Economic Agents (AEAs) perform tasks for users, like managing supply chains and negotiating contracts autonomously. By merging AI and blockchain, Fetch.ai enhances interoperability. Its proof-of-stake mechanism offers scalability and energy efficiency. Teaming up with SingularityNET and Ocean Protocol to form the Superintelligence Alliance boosts its reach. FET tokens exist natively and as ERC-20 tokens, increasing accessibility. FET hovered around $1 from launch until early 2024. In March 2024, it surged to $3 within weeks, likely due to rising interest in AI and crypto. By early 2025, it consolidated around $1.38, reflecting market adjustments. Analysts forecast growth for FET. Conservative estimates see it around $1.70 by 2025. Some predict up to $35 by 2026, and between $3 to $5 by 2030. Long-term, some speculate prices could reach $100 by 2050. Fetch.ai's fusion of AI and blockchain positions it well amid growing demand for intelligent decentralization. Its technology and alliances enhance its prospects. In the current market cycle, Fetch.ai offers an intriguing opportunity, though future performance remains uncertain. ONDO in 2025: Price Predictions and Ondo Finance's DeFi Revolution Ondo Finance is a DeFi platform bringing traditional financial assets into the crypto world. It offers liquidity solutions for tokenized real-world assets. Its native token, ONDO, allows users to participate in governance and earn rewards. ONDO launched on January 18, 2024. Its price rose quickly until March, peaked in June, and then dipped. Later in the year, interest in real-world asset cryptos surged, and ONDO hit an all-time high on December 16. By January 20, 2025, ONDO was worth about $1.45. Price predictions for 2025 suggest ONDO could reach between $1.50 and $3.50. Experts believe it may maintain upward momentum as adoption grows. By 2026, forecasts range from $2 to $6, and by 2030, from $5 to $12. Ondo Finance lets investors deposit funds to receive tokens backed by assets like U.S. Treasuries. They can redeem or transfer these tokens anytime, offering a secure and transparent investment experience. With its innovative approach, Ondo Finance could play a key role in DeFi's future. If it continues to expand and integrate, ONDO's value may rise significantly. Investors are keen to see its impact on decentralized finance. Conclusion While SUI, AVAX, FET, and ONDO are notable utility tokens with growing real-world applications, their short-term potential appears limited. In contrast, Codename:Pepe crypto is emerging as a standout player, offering genuine artificial intelligence capabilities aimed at maximizing profits in the current market. Codename:Pepe crypto differentiates itself by utilizing AI to navigate the volatile meme coin landscape, providing exclusive trading signals before trends become mainstream. Holding this token grants membership in a confidential DAO, access to insider analytics, and participation in strategic decisions. With a capped supply and a community-driven approach, Codename:Pepe crypto presents a unique opportunity for significant gains during this bull run. Find out more about Codename:Pepe crypto here: Codename:Pepe ($AGNT) Website Codename:Pepe ($AGNT) Telegram Codename:Pepe ($AGNT) Twitter/X Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Nakamoto Holdings has successfully raised $51 million to expand its Bitcoin treasury, marking a pivotal step in its blockchain and cryptocurrency strategy. The company plans to deploy these funds to
The post Pi Coin Price at Crossroads, Can Bulls Defend the $0.53 Level? appeared first on Coinpedia Fintech News Pi coin is back in the buzz, as the network completes 100 days of mainnet launch. The project has made considerable strides, with real-world transactions, developer tools, and a robust $100M ecosystem fund aimed at empowering innovation. Events like PiFest have further validated Pi’s real-life utility. While over 13 million users have successfully migrated, which is supported by 400k+ active nodes. However, community sentiment remains mixed. Many early contributors have been facing challenges accessing their balances due to bottlenecks in KYC and migration. Successively, these setbacks are now reflecting in PI Coin’s price trend, currently struggling below key resistance levels. So, where will Pi coin go next, you ask? Join me as I decode the short-term Pi Coin Price Analysis. Pi Coin Price Analysis: Looking at the 4-hour chart, PI Coin price is at $0.5383, down 0.52% over the past 24 hours. The market cap sits at $4.02 billion, with the intraday trading volume soaring 45.01% to $75.78 million. Technically speaking, the Bollinger Bands are tightening, indicating reduced volatility. The PI price is hovering near the lower band, with the 20-SMA at $0.5390 acting as a dynamic resistance. It is worth noting that the key short-term resistance levels lie at $0.578, and if bulls push past this, $0.647 could be the next upside target. Contrarily, the nearest support remains at $0.5277, which, if broken, could lead to a freefall toward the $0.50 zone. Meanwhile, the RSI is flat at 37.48, close to the oversold region. The RSI moving below its 14-day average of 40.01 signals ongoing bearish pressure. Despite this, the volume spike and stabilization near local support suggest possible accumulation. Also, read our Pi Network Price Prediction 2025, 2026-2030! FAQs 1. What is driving Pi Coin’s recent price movement? A mix of growing real-world adoption and community concerns, especially around KYC and migration, are influencing the price trend. 2. What are key resistance and support levels to watch? Resistance is seen at $0.578 and $0.647. Immediate support lies at $0.5277. A break below may lead to further downside toward $0.50. 3. How much is 1 Pi coin now? The price of 1 PI token at the time of press is at $0.5377, with an intraday change of -0.52%.
Blockchain analyst ZachXBT has raised serious concerns over Garden Finance, alleging that more than 80% of its fee revenue is linked to laundering activities connected to high-profile crypto thefts. The
BitcoinWorld Wyoming Stablecoin: Solana and Aptos Emerge as Top Contenders for Pioneering State Digital Currency Imagine a state issuing its own digital currency, backed by traditional assets, and built on cutting-edge blockchain technology. This isn’t science fiction; it’s a real possibility being explored by the state of Wyoming. The big news hitting the crypto world is that the Wyoming State Stablecoin Commission has identified two prominent blockchains, Solana (SOL) and Aptos (APT), as potential platforms for its forthcoming state stablecoin, dubbed WYST. This development, highlighted by Aptos via a recent announcement on X, signals a significant step forward in state-level adoption of blockchain technology and puts the spotlight firmly on Solana and Aptos as key players in this innovative endeavor. What is the Wyoming Stablecoin Initiative? Wyoming has long positioned itself as a forward-thinking state when it comes to digital assets and blockchain technology. Recognizing the potential benefits of stablecoins, the state established a commission tasked with exploring the feasibility and implementation of a state-issued stablecoin. The primary goal is to create a digital asset that offers the stability of the US dollar while leveraging the efficiency and transparency of blockchain technology. The proposed stablecoin, WYST, would theoretically be backed by liquid, high-quality assets, providing a secure and reliable digital medium of exchange. The idea behind a Wyoming stablecoin isn’t just about having a digital currency; it’s about potentially enhancing financial infrastructure, facilitating faster and cheaper transactions within the state, and attracting blockchain innovation. For a state known for its independent spirit and pro-business stance, exploring a state stablecoin represents a logical extension of its efforts to be a leader in the digital asset space. The commission’s work involves rigorous evaluation of various technological, legal, and economic factors to ensure that WYST, if launched, is robust, compliant, and beneficial for the state’s residents and economy. Why Were Solana and Aptos Selected as Potential Platforms? The selection of Solana and Aptos as top contenders didn’t happen by chance. The commission likely evaluated numerous blockchain protocols based on criteria crucial for issuing and managing a stablecoin at scale. Key factors would include transaction speed, throughput (transactions per second), cost-effectiveness, security, reliability, and the maturity of the ecosystem. Solana has gained prominence for its incredibly high transaction throughput and low transaction costs, often measured in fractions of a cent. Its architecture, particularly its Proof-of-History consensus mechanism combined with Proof-of-Stake, allows it to process thousands of transactions per second, making it highly scalable. For a state stablecoin potentially used for various payments and transfers, speed and low cost are paramount. Solana’s vibrant developer community and growing ecosystem of decentralized applications (dApps) also make it an attractive option, suggesting potential for integration into existing or new financial services. Aptos , while newer than Solana, was founded by former Meta (Facebook) employees who worked on the Diem stablecoin project. This pedigree brings significant experience in building scalable, secure blockchain infrastructure specifically designed for handling large volumes of financial transactions. Aptos boasts high theoretical transaction speeds and focuses heavily on safety and reliability through its Move programming language and parallel execution engine. Its design is inherently focused on scalability and future-proofing, which would be critical for a state-level financial instrument. The team’s background in stablecoin development likely gave Aptos a unique edge in the commission’s evaluation. Both blockchains represent the cutting edge of Layer 1 technology, aiming to solve the scalability issues that have plagued earlier blockchains like Bitcoin and Ethereum. Their ability to handle a high volume of transactions efficiently and cheaply is a fundamental requirement for a successful blockchain stablecoin that could potentially be used by a large population. Solana vs. Aptos: Which Blockchain Stablecoin is the Better Fit? While both platforms are strong contenders, they have distinct characteristics that the commission would need to weigh carefully. Here’s a simplified comparison: Feature Solana Aptos Maturity More established network and ecosystem. Newer network, rapidly growing ecosystem. Transaction Speed/Throughput Very high, proven in practice (though network stability has been a past concern). High theoretical throughput, designed for scale. Transaction Cost Very low. Very low. Consensus Mechanism Proof-of-History + Proof-of-Stake. Proof-of-Stake (HotStuff variant) + Block-STM (parallel execution). Programming Language Rust. Move (designed for secure asset management). Past Performance/Stability Experienced network outages in the past. Newer, less history of performance under extreme load (but designed to prevent outages). Background Built by Solana Labs, strong focus on speed. Built by former Diem team, strong focus on safety, reliability, and financial use cases. For a Wyoming stablecoin , reliability and security are paramount. Aptos’s origins in the Diem project, which was specifically designed for stablecoins and payments, and its focus on safety through the Move language might give it an edge in certain technical and security considerations. However, Solana’s larger, more mature ecosystem and proven ability to handle immense transaction volumes (despite past stability issues) could make it attractive for immediate implementation and integration with existing blockchain infrastructure. The commission’s decision will likely hinge on a deep dive into the technical resilience, governance models, security audits, and long-term viability of each network for supporting a critical state financial function. The specific requirements for the WYST state stablecoin will ultimately determine which platform aligns best with Wyoming’s vision. What Challenges Lie Ahead for the Wyoming Stablecoin and Its Chosen Blockchain? Even with a potential blockchain platform identified, the path to launching a Wyoming stablecoin is fraught with challenges. These include: Regulatory Hurdles: Navigating the complex landscape of state and potential federal regulations around stablecoins and digital assets. Technical Implementation: Building the necessary infrastructure, smart contracts, and interfaces for issuing, managing, and redeeming WYST. Security and Audits: Ensuring the highest levels of security for the underlying blockchain and the stablecoin contract itself through rigorous audits. Adoption and Integration: Encouraging businesses and residents within Wyoming to use WYST and integrating it with existing financial systems. Asset Backing Management: Establishing a transparent and secure system for managing the reserves that back the stablecoin. Political and Public Perception: Gaining public trust and political support for a novel state-issued digital currency. The commission’s ongoing work involves addressing these challenges head-on. The choice between Solana and Aptos will also depend on which platform offers better tools and support for overcoming these specific hurdles. For instance, the security features of the Move language on Aptos or the battle-tested network operations of Solana might be key differentiating factors. What Does This Mean for Blockchain and State-Level Adoption? Wyoming’s initiative is a potential game-changer. If successful, the WYST state stablecoin could serve as a blueprint for other states considering similar ventures. It validates the potential of blockchain technology, specifically high-throughput chains like Solana and Aptos, for government-backed financial applications. This move could accelerate the conversation around digital currencies at the state level and potentially influence future federal discussions. For Solana and Aptos , being chosen as the platform for a state stablecoin would be a massive endorsement. It would provide significant credibility, attract further development, and potentially lead to increased adoption and network activity. It positions them not just as platforms for decentralized applications but as serious contenders for foundational financial infrastructure. The selection process itself highlights the increasing seriousness with which governmental bodies are evaluating blockchain technology. It moves beyond theoretical discussions to practical considerations of which network can actually handle the demands of a state-backed currency. This is a crucial step towards mainstream institutional adoption. Actionable Insights For Investors: Keep a close eye on developments regarding the Wyoming stablecoin decision. A selection could positively impact the chosen blockchain’s reputation and potentially its market value. For Developers: The requirements for a state stablecoin highlight the need for robust, secure, and scalable blockchain solutions. Building applications that align with these needs could be lucrative. For Policymakers: Wyoming’s approach provides a case study for how states can explore blockchain for financial innovation, emphasizing the need for careful evaluation and consideration of regulatory frameworks. For the Public: Understand that stablecoins are a bridge between traditional finance and digital assets. A state stablecoin aims to offer stability and potentially more efficient transactions. A Pioneering Step for Wyoming and Blockchain Stablecoins The Wyoming State Stablecoin Commission’s identification of Solana and Aptos as potential platforms for its WYST state stablecoin marks a significant milestone. It underscores Wyoming’s commitment to innovation in the digital asset space and highlights the growing recognition of advanced blockchain capabilities. Both Solana and Aptos bring unique strengths to the table, from Solana’s established high throughput to Aptos’s stablecoin-focused design and security features. While challenges remain in the development and implementation of a state-backed digital currency, the fact that a US state is seriously considering these next-generation blockchains for such a critical application is a powerful testament to their potential. The final decision will be a crucial moment, not just for the chosen platform, but for the broader narrative of blockchain technology integrating with traditional governmental and financial systems. This pioneering initiative by Wyoming could pave the way for a new era of state-issued digital currencies built on robust and scalable blockchain foundations. To learn more about the latest stablecoin trends, explore our article on key developments shaping state stablecoin institutional adoption. This post Wyoming Stablecoin: Solana and Aptos Emerge as Top Contenders for Pioneering State Digital Currency first appeared on BitcoinWorld and is written by Editorial Team
ZachXBT claims over 80% of Garden Finance’s fees are tied to crypto laundering, challenging the project’s decentralization narrative.
Bitcoin (BTC) BTC continues to struggle for direction amid mounting macroeconomic pressures and a notable deterioration in retail investor sentiment. The asset is hovering near $103,700 following a volatile 24-hour stretch, in which it briefly dropped below $103,400 before staging a modest recovery, according to CoinDesk Research's technical analysis model. This price behavior reflects an uneasy market backdrop, shaped by both geopolitical tensions and uncertain monetary policy. According to an X post by crypto analytics firm Santiment on Thursday, sentiment among retail investors has turned sharply negative. The firm reported that the ratio of bullish to bearish commentary has fallen to just 1.03 to 1 — the lowest since early April, when the President Donald Trump unveiled his so-called Liberation Day tariffs, triggering peak market fear at the time. Santiment emphasized that this current wave of retail pessimism is unusually intense and, based on past patterns, may mark a contrarian signal for a price rebound. They specifically noted that back in April, Bitcoin rallied shortly after similar fear levels surfaced, suggesting large investors often use periods of retail capitulation to accumulate at favorable prices. Adding to the pressure is the Federal Reserve's recent decision to hold interest rates steady, which has kept btcoin trading in a relatively tight $100,000 to $110,000 range over the past month. Meanwhile, on-chain metrics show declining open interest on Binance, pointing to continued deleveraging among derivatives traders. At the same time, whale wallets have shown steady accumulation since 2023 — an indication that large holders are continuing to build their positions despite the short-term uncertainty. Technical Analysis Highlights BTC-USD traded in a 24-hour range between $106,552.98 and $102,411.01, a 3.89% swing as volatility spiked midday. A sharp drop occurred between 14:00 and 17:00 UTC, pushing price below $104,000 and forming strong resistance near $106,000 on above-average volume. Support emerged between $103,000 and $103,500, where price consolidated on declining volume during the final eight hours of the analysis period. A V-shaped rebound developed late in the session, with BTC rising from $103,363 to $103,618 and establishing a local floor near $103,500. Short-term momentum indicators showed mild recovery as the session closed near intraday highs, but follow-through remained limited. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .