Bitcoin (BTC) traded relatively flat on Friday, extending its week-long consolidation as the market grappled with mixed signals. Adding to market uncertainty, reports emerged that Binance was offloading Bitcoin . On February 10, CryptoQuant analyst Crypto Dan further flagged a dormant Bitcoin wallet that moved 14,000 BTC after being inactive for 7 to 10 years. This development raised speculation about potential sell-offs. However, Julio Moreno, another analyst at CryptoQuant, refuted these claims, stating that on-chain data did not indicate any unusual activity in Binance’s reserves. “Some talk about Binance moving its assets. Looking into our on-chain data, the exchange’s reserves don’t show any odd behavior. Bitcoin reserves drawdown is in line with what other exchanges are experiencing,” wrote Moreno. Despite these bearish signals, Bitcoin whales have taken advantage of the dip to accumulate significant amounts of BTC. On-chain analytics firm IntoTheBlock reported that large investors purchased nearly $3.8 billion worth of Bitcoin during the recent downturn. Notably, on February 5, a net inflow of approximately 40,000 BTC was recorded, indicating strong accumulation by deep-pocketed entities. This trend aligns with a sharp decline in Bitcoin Over the Counter (OTC) desk balances, as noted by CryptoQuant analyst Darkforst. According to Pundit, institutional investors, such as hedge funds and governments, have increasingly turned to OTC desks to acquire Bitcoin without influencing market prices. This surge in demand has driven OTC balances down from approximately 480,000 BTC in September 2021 to just 146,000 BTC today. The ongoing depletion of OTC reserves indicates a sustained interest in Bitcoin among institutional investors. If this trend persists, buying pressure may shift directly to exchanges, positively influencing Bitcoin’s price trajectory. Meanwhile, on-chain data from Santiment has revealed notable divergences in network activity among major cryptocurrencies. On Thursday, the firm noted that while Ethereum and XRP continue to see wallet growth, Bitcoin has experienced a decline of 277,240 non-empty wallets over the past three weeks. According to the firm, this drop appears to be driven by small traders exiting the market amid concerns about further price declines across the cryptocurrency sector. It, however, noted that historically, such downturns in retail participation have signaled strong mid- to long-term price performance, as whales and sharks accumulate coins and strategically drive markets higher when fear and uncertainty peak. However, cautionary signals remain that could hinder Bitcoin’s immediate recovery. Analysts at IntoTheBlock identified a significant resistance level formed by 1.6 million addresses collectively holding around 1.57 million BTC at an average purchase price of $97,200. With many of these holders currently at a loss, the analysts warned that this cohort may opt to sell near breakeven, introducing additional selling pressure and complicating any decisive bullish breakout. At press time, BTC was trading at $107,900, reflecting a 1.78% drop in the past 24 hours.
Key takeaways: Our TON price prediction anticipates a high of $6.35 in 2025. In 2027, it will range between $9.26 and $11.49, with an average price of $9.60. In 2030, it will range between $28.31 and $34.81, with an average price of $29.16. TON (The Open Network) is a decentralized protocol designed by Telegram and created by the community. The protocol is a distributed supercomputer, or “super server,” that consists of TON Blockchain , TON DNS, TON Storage, and TON Sites. The native token for the TON ecosystem is called Toncoin. “Will TON ever go up? Can TON reach the $10 mark? Where will TON be in five years?” These are the questions traders and investors ask. Let’s answer them and more in our Toncoin price prediction. Overview Cryptocurrency Toncoin Symbol TON Current price $2.78 Toncoin market cap $6.86B Trading volume $153.32M Circulating supply 2.46B All-time high $8.24 on Jun 15, 2024 All-time low $0.3906 on Sep 20, 2021 24-hour high $2.87 24-hour low $2.78 TON price prediction: Technical analysis Metric Value Volatility (30-day variation) 5.12% 50-day SMA $3.04 200-day SMA $3.77 Sentiment Bearish Green days 14/30 (47%) Toncoin price analysis On July 4, TON’s price dropped by 2.54% in 24 hours. Over the last 30 days, it lost 12.20%. The TON price steadily declined after reaching the local high of $6 in early December. On Tuesday, March 11, it dropped beneath the $2.5 mark for the first time in over a year. It recovered last month and reached a high of $3.50. This month, it dropped below $3.0. Looking at its DeFi ecosystem, TON’s Total Value Locked (TVL) dropped by 0.40% in the last 24 hours to $142M. TON/USD 1-day chart price analysis TONUSD chart by TradingView Despite a high TVL , Toncoin remained bearish, closing below the $3 mark. Notably, the relative strength index is at 41.59 in neutral territory. It is oversold when the RSI drops below 30. TON/USD 4-hour chart price analysis TONUSD chart by TradingView The 4-hour chart shows that TON is neutral after correction from the month’s high. The trend of the moving averages suggests it will drop over the short term. The William Alligator trendlines show that the coin’s volatility is rising. TON technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 2.93 SELL SMA 5 3.01 SELL SMA 10 3.03 SELL SMA 21 2.95 SELL SMA 50 3.04 SELL SMA 100 3.17 SELL SMA 200 3.77 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 2.94 SELL EMA 5 2.99 SELL EMA 10 3.09 SELL EMA 21 3.22 SELL EMA 50 3.43 SELL EMA 100 3.85 SELL EMA 200 4.42 SELL What to expect from TON price analysis next? Our chart analysis shows the current sentiment is bearish and that its momentum is rising, meaning it should drop over the short term. Recent news Telegram’s deal with xAI, which would see Elon Musk’s AI company integrate into Telegram, is a work in progress despite an announcement from Pavel Durov. While Durov confirmed that the deal is yet to be signed, the Telegram founder said there is an “agreement in principle.” Is TON a good buy? According to Cryptopolitan price predictions, TON will trade higher in the years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory. Why is TON up? The rise in TON value could be attributed to the recovery in the crypto market, which saw Bitcoin rise above $100,000. Will TON reach $10? Yes, TON should rise above $10 in 2027. The move will come as the market recovers to previous highs. Will TON reach $100? Per the Cryptopolitan price prediction, TON is unlikely to reach $100 before 2031. Will TON reach $1,000? Per the Cryptopolitan price prediction, TON is unlikely to reach $1000 before 2031. Does Toncoin have a future? TON has had a bullish run since its inception despite seasonal market corrections. The TON blockchain has a vibrant community of users and developers. Looking ahead, Toncoin has the potential to trade higher in the coming years. How much will a Toncoin be worth in 2030? The TON price prediction for 2030 indicates the price will range between $28.31 and $34.81. The average price of Toncoin will be $29.16. TON price prediction July 2025 The TON July price prediction ranges from $2.44 to $3.50. It will average at $2.73. Period Potential low ($) Potential average ($) Potential high ($) July 2.44 2.73 3.50 TON price prediction 2025 As 2025 unfolds, TON remains bullish, as evidenced by the price registering higher highs. The price will range between $2.02 and $6.35. The average price for the month will be $4.23. Year Potential low ($) Potential average ($) Potential high ($) 2025 2.02 4.23 6.35 TON price prediction 2026 – 2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 6.58000 6.80000 7.71000 2027 9.26000 9.60000 11.49000 2028 13.84000 14.22000 16.29000 2029 20.71000 21.27000 23.42000 2030 28.31000 29.16000 34.81000 2031 41.21000 42.37000 48.12000 TON price prediction 2026 The year 2026 will experience more bullish momentum. According to the TON price prediction, it will range between $6.58 and $7.71, with an average trading price of $6.80. TON price prediction 2027 The TON token prediction climbs even higher into 2027. According to the prediction, Toncoin’s price will range between $9.26 and $11.49, with an average price of $9.60. TON price prediction 2028 The analysis suggests a further acceleration in TON’s price. TON will trade between $13.84 and $16.29. It will average at $14.22. TON price prediction 2029 According to the TON price prediction for 2029, the price of TON will range between a minimum of $20.71, a maximum of $23.42, and an average of $21.27. TON price prediction 2030 The TON price prediction for 2030 indicates the price will range between $28.31 and $34.81. The average price of Toncoin will be $29.16. TON price prediction 2031 The Toncoin price forecast for 2031 sets the high at $48.12. However, when the market corrects, TON will reach a minimum price of $41.21 and an average of $42.37. TON price prediction 2025 – 2031 TON market price prediction: Analysts’ TON price forecast Platform 2025 2026 2027 Digitalcoinprice $7.30 $9.27 $12.65 Coincodex $9.78 $6.57 $3.84 Gate.io $3.73 $4.32 $4.60 Cryptopolitan TON price prediction Our predictions show TON will achieve a high of $6.35 in 2025. In 2027, it will range between $9.26 and $11.49, with an average of $9.60. In 2030, it will range between $28.31 and $34.81, with an average of $29.16. Note that the predictions are not investment advice. Seek independent professional consultation or do your research. TON historic price sentiment Ton price by CoinGecko Ton network launched in 2018 as the Telegram Open Network (TON) but was later renamed “The Open Network” and taken over by the TON Foundation. In June 2020, all Toncoin tokens (98.55% of the total supply) became available for mining. The tokens were placed in special Giver smart contracts, enabling anyone to mine until 28 June 2022. Users mined around 200,000 TON daily. All the tokens were mined in two years, marking the completion of the distribution event. On September 20, 2021, TON registered its all-time low price at $0.3906. Its first significant break came in November 2021. In days, the coin slid from $0.8 to $4.5. It corrected in 2022, reaching a low of $0.9. In 2023, it ranged between $1.1 and $2.5. In 2024, it registered another bull run, rising from $2.11 to its all-time high of $8.24 on Jun 15, 2024. It corrected later and traded at the $5.2 mark in October and $4.98 in November when it started recovering. The recovery saw the coin rise above $6.5 in December. It then crossed into 2025, trading at $5.5. From there, it assumed a bear run as it fell below $3.8 in February and $3.0 in May. It crossed into June, trading at $3.20. In July, it fell below $3.20.
Polygon price has been in a free fall this year and is approaching its year-to-date low. Polygon ( POL ) dropped to a low of $0.1800 on Friday, July 4, down over 76% from its highest point this year. This decline has erased more than $4 billion in value, with its market cap falling from nearly $6 billion to $1.88 billion. Polygon could be on the verge of a breakout after the network flipped Ethereum ( ETH ) in terms of weekly non-fungible token sales. CryptoSlam data shows that NFT sales on the network jumped by 52% in the last seven days to $24 million, while Ethereum NFT sales fell by 5.7% to $23 million. You might also like: Why are Bitcoin and altcoins going down today? Polygon’s NFT volume was mostly driven by Courtyard, which recorded over $18 million in sales. Other top NFT collections on Polygon included DNS, with $4.9 million in sales, and OKX NFT Creation. Polygon is also gaining traction in the stablecoin sector, primarily due to Polymarket. Artemis data shows that the stablecoin supply on Polygon rose by 8.5% in the last 30 days to $2.4 billion, while the number of transactions surged by 39% to 92.6 million. Polygon’s main challenge is competition from other growing layer-2 networks. It currently holds a total value locked of over $1.2 billion, while the newly launched Unichain has already reached $1.16 billion. Base holds over $4.9 billion in TVL, and its monthly decentralized exchange volume has soared to over $28 billion. Polygon price technical analysis POL price chart | Soure: crypto.news The daily chart shows that Polygon price is gradually forming a double-bottom pattern at $0.1500, with a neckline at $0.2755, its highest level in May this year. This neckline is slightly below the 23.6% Fibonacci retracement level. POL has also formed a falling wedge pattern, a popular bullish reversal setup, defined by two descending and converging trendlines. These lines are nearing convergence, which may lead to a bullish breakout. If a breakout occurs, the initial target is the neckline at $0.2755, representing a potential 53% gain from the current level. However, a drop below the double-bottom support at $0.1500 would invalidate the bullish outlook. You might also like: Ethereum price action confirms bull trap at $2,550: major support level lost
Fundstrat co-founder and chief investment officer Tom Lee believes that the market is significantly undervaluing Ethereum ( ETH ). In a new interview with the host of the Coinage podcast, Zack Guzman, Lee says that a fair market value for ETH may be as much as $10,000, a more than 299% increase from its current value. Lee says that ETH should have a much higher value because of the market value of the projects that are being built on the layer-1 blockchain, including Circle, the issuer of the second-largest dollar-pegged stablecoin USDC and the euro-pegged Euro Coin ( EURC ). USDC and EURC were initially launched on the Ethereum blockchain. “I’ll just give you something simple to think about… Circle, which has been a very successful IPO (initial public offering), and it’s been the most successful IPO in the last few years, and it’s crypto. Crypto has been one of the best equities, and now the best IPOs. But Circle trades at around 100 times EBITDA (earnings before interest, taxes, depreciation and amortization). A 1% yield or a 1% EBITDA yield is a pretty sizable multiple. But stablecoins really operate off a layer-1. A lot of Circle operates off Ethereum. And if you look at the tech stack, typically, the more you get into that layer-1 level, the higher the multiple should be for the business, because it actually benefits from the multiple applications sitting on top of it… On that same metric, Ethereum should have a much higher multiple… Ethereum would be very undervalued if you were looking at Circle relative to layer-1. So Ethereum probably could go to $10,000 or something. If the world suddenly realized we’re going to tokenize more things, and these tokenized assets, like tokenized dollars, trade at 100 times EBITDA, what should the blockchain be valued at? ETH should maybe be worth a lot more money.” ETH is trading for $2,502 at time of writing, down 2.9% in the last 24 hours. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Timofeev Vladimir The post Fundstrat’s Tom Lee Says Ethereum Should Be ‘Worth a Lot More Money,’ Outlines ETH’s Path to $10,000 appeared first on The Daily Hodl .
US regulatory advancements are paving the way for increased adoption of decentralized finance and tokenization in traditional markets. Senator Cynthia Lummis’s new draft bill proposes significant tax reforms aimed at
Renowned XRP analyst XRPunkie has sparked renewed excitement in the crypto community with a striking technical forecast that suggests XRP is on the verge of a massive breakout. In a recent post on X, XRPunkie shared a chart showing a bullish structure forming on the XRP monthly timeframe, hinting that a “God candle ”, an exceptionally large bullish candle, may soon print. He also pinpointed key zones where investors could consider taking profit once the anticipated rally begins. Strong Technical Structure on the Monthly Chart XRPunkie’s analysis, based on the XRP/USDT monthly chart from Binance, outlines a compelling breakout pattern. After years of sideways price action and accumulation, XRP broke out of a long-term descending wedge in early 2025. This breakout propelled the price from under $0.60 to nearly $3.00 within months. Currently, XRP is consolidating above key moving averages, the 21-period EMA and the 33-period SMA, which now act as strong support levels. $XRP monthly candle. Very soon we will move away from low $2ish range. God candle printing soon. If you are still bearish on XRP, no one can help you. pic.twitter.com/YqEF1rr8fG — XRPunkie (@Shawnmark7899) July 3, 2025 The price is forming a bullish pennant, a continuation pattern that typically precedes explosive upward movement. XRPunkie emphasizes that this structure is nearing completion, with the breakout expected imminently. If confirmed, the resulting surge could lead to what he calls a “God candle,” similar to historic vertical moves seen during previous bull cycles. Projected Take-Profit Zones Using Fibonacci Extensions To guide investors on where to potentially take profits, XRPunkie highlighted Fibonacci extension levels derived from the prior breakout wave. These include the 1.618 level at $6.45, the 1.786 level at $8.90, and the 2.0 extension at $13.42. He marked this range between $6.45 and $13.42 as a strategic take-profit zone. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 These levels are not arbitrary. In past bull runs, XRP has shown a tendency to follow such extensions closely. XRPunkie suggests that as XRP moves into this range, investors may want to scale out gradually to lock in gains while still participating in the upside. Bearish Sentiment Losing Ground With XRP now trading around $2.27 and holding steady, bearish sentiment appears increasingly difficult to justify. XRPunkie was blunt in his assessment: “If you are still bearish on XRP, no one can help you.” His confidence is rooted not just in the chart pattern but in the broader momentum surrounding XRP. Several factors support the bullish outlook. Ripple’s ecosystem continues to expand with developments like the RLUSD stablecoin, growing adoption of the XRP Ledger for real-world asset tokenization, and ongoing progress in regulatory clarity following the company’s legal battles with the U.S. SEC . On-chain metrics also show rising user activity and reduced sell pressure, further strengthening the case for a rally. As XRP consolidates just above $2, the technical and fundamental indicators are aligning for what could be a historic breakout. XRPunkie’s chart points to a powerful rally, with a “God candle” possibly signaling the start of a new macro bull leg. For traders and investors, the time for positioning may be running short, as XRP prepares to enter its next major move, one that could take it well into double-digit territory. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Says XRP God Candle Is Printing Soon, Spots Where to Take Profit When the Big Rally Starts appeared first on Times Tabloid .
Institutional money has changed how crypto trades. Bitcoin and Ethereum now respond to economic news in ways that mirror traditional assets. Reports on the CPI, inflation, and interest rates move prices. This shift means macroeconomic indicators are no longer optional for crypto traders. They are part of the core playbook. This article explains how official data on inflation, central bank rates, and crypto-specific indicators like Bitcoin dominance can help anticipate market trends. The analysis draws on macro releases, crypto charts, and research from large trading desks. The goal is not to predict exact moves but to offer a practical guide to understanding how broader economic trends shape crypto performance. Inflation and Bitcoin: CPI’s Growing Grip on Crypto Inflation started rising sharply in early 2022. The Consumer Price Index , reported by the Bureau of Labor Statistics, reached nine percent year-over-year in June. Bitcoin fell six percent within three days of that release. Investors moved out of risk assets, expecting tighter financial conditions. This pattern continued through 2023 and 2024. When CPI came in lower than forecasts, Bitcoin often rebounded. For example, in November 2022, the month-over-month print was 0.1 percent against a forecast of 0.3 percent. Bitcoin gained nearly four percent within two days. CPI for all items rises 0.1% in May; shelter up #BLSData https://t.co/dJyJeKmvth — BLS-Labor Statistics (@BLS_gov) June 11, 2025 This repeated reaction suggests Bitcoin now trades more like tech stocks. It does not act like a hedge against inflation in the short term. Instead, it follows interest rate expectations. If inflation readings push the Federal Reserve toward cuts, traders often rotate into crypto. If inflation jumps, traders exit fast. CPI for May 2025 showed price growth slowing toward the Federal Reserve’s target. If that trend continues, investors may add risk again. However, if energy costs or wages lift inflation above forecasts, expectations may shift back toward tightening. Traders will likely adjust positions in Bitcoin and Ethereum based on these releases. CPI releases now act as drivers of short-term price direction. Fed Rates and Ethereum: Liquidity Cycles in Action The Federal Reserve began raising interest rates in March 2022. That cycle lasted until mid-2023, with the target range reaching 5.25 to 5.5 percent. Each increase indicated tighter liquidity. Ethereum often fell in the days following these announcements, mirroring declines in growth-focused equities. Ethereum Price 2022 (Source: CoinMarketCap) Ethereum’s sensitivity to rate decisions became clear in several key moments. After the June 2022 hike of 75 basis points, ETH dropped by over eight percent within 48 hours. The same pattern repeated in September. By contrast, when the Fed paused in July 2023, ETH rebounded by nearly five percent over the next three trading sessions. However, one exception came in March 2023. The collapse of Silicon Valley Bank triggered panic in financial markets. The Fed raised rates by 25 basis points but indicated it might stop soon. That shift helped ETH recover as it climbed from under $1,400 to over $1,800 within three weeks. These events show Ethereum’s link to monetary policy. Rate hikes tighten conditions and push ETH down. Pauses or signs of easing often lead to sharp rebounds. Ethereum trades like a proxy for risk appetite in a liquidity-driven market. Bitcoin Dominance: Crypto’s Own Macro Gauge Bitcoin dominance tracks the percentage of total crypto market value held in Bitcoin. When dominance rises, it often reflects a retreat to safety. During periods of macro tightening, investors reduce exposure to smaller tokens and move capital into Bitcoin. This behavior mirrors broader risk-off patterns. U.S. Interest Rate 2015-2025 (Federal Reserve Bank) From late 2021 through 2022, Bitcoin dominance climbed from under 40 percent to nearly 48 percent. That move came during sharp inflation spikes, and a series of Fed rate increases as the market pulled back from speculative assets. Dominance rose again in mid-2023, just before the Fed indicated a pause, and fell shortly after. This pattern supports a familiar cycle. In early risk-on phases, Bitcoin leads. Once it stabilizes, capital rotates into Ethereum, then into altcoins with lower market value. Drops in dominance often mark the beginning of these rotations. The index can act as a sign of changing sentiment within the market. Bitcoin dominance reflects how crypto investors respond to broader economic shifts. It can function like a barometer—trending upward when uncertainty grows and falling when conditions favor higher risk exposure. Institutional Macro Forecasts and the Next 90 Days Institutional research over the past year has increasingly tied macro indicators to digital asset performance. In an October 2024 report, Crypto.com Research stated: “Economic growth may generally indicate a more favourable environment for cryptocurrencies, but the impact will vary depending on other market conditions.” They noted that “increasing correlation between traditional markets and cryptocurrencies means that stock market performance may potentially provide valuable insights into potential crypto trends.” Looking ahead, the next 90 days include several macro events that could affect crypto direction. The July CPI data is due on August 12, with consensus forecasting a YoY increase of 2.8 percent. The next FOMC meeting is on September 17, where markets currently price a 25 basis point cut. The August nonfarm payroll report (due September 6) and Q2 GDP revision (August 29) also stand out as volatility triggers. These dates offer key decision points. A lower CPI print could reinforce Fed easing expectations and push capital into risk assets. On the other hand, a stronger-than-expected payroll may reduce those expectations. ETF-related flows and crypto-native reactions will likely hinge on these cues, reinforcing the case that macro indicators now drive the broader crypto narrative. Conclusion: A Macro-Informed Strategy Macroeconomic indicators now play a measurable role in shaping the crypto market direction. Inflation data, central bank policy , and internal metrics like Bitcoin dominance have shown clear relationships with past price shifts in both Bitcoin and Ethereum. These signs, when aligned, can offer a grounded framework for interpreting future moves. While no model captures every turn, tracking CPI releases, FOMC decisions, and market reactions allows for more informed positioning. Macro data will not replace crypto-native analysis, but it adds a broader context that is becoming harder to ignore. Keeping an economic calendar in view may prove as useful as any technical chart. The post Macro Meets Crypto: Predicting Prices with CPI, Fed Rates & BTC Dominance appeared first on Cryptonews .
Just when the crypto market seemed like the bear market phase was about to begin, Bitcoin , the largest digital asset, has rallied hard, revisiting key price levels such as the $110,000 mark . As BTC’s price has surged sharply, whale investors are exhibiting significant optimism about the asset’s short-term prospects. A Sign Of Bold Bets Among Bitcoin Whales Bitcoin is riding a bullish wave following a renewed bullish market sentiment, causing its price to rise above the $109,000 level. Presently, whales are once again taking risks and increasing their long bets as the price of BTC undergoes a spectacular ascent. This bullish behavior among whales or big investors was announced on the X platform by Alphractal, an advanced on-chain data analytics and investment platform. According to the on-chain platform, BTC whales are in full force of the trend. The expert highlighted that these big investors’ aggressive long positions are constantly piling up while short positions are getting liquidated. Specifically, the aggressive positioning of major investors suggests that they have rekindled their belief in Bitcoin’s upward trajectory and are placing bets on even higher valuations in the future. With BTC’s price rising and whales ramping up long positions, this paints a positive outlook for the flagship asset in the short term. In the meantime, a strong undercurrent of confidence is added to the market as these big players stack leveraged bets in favor of further gains, which might pave the way for the next explosive leg-up for Bitcoin. Alphractal observed the development after examining the Whale Position Setiment metric. BTC Whale Position Sentiment is a key metric that monitors orders totaling more than $1 million. Also, the metric is considered one of the most powerful and alpha-rich indicators in the broader derivatives market . The on-chain platform stated that the metric is frequently strongly linked to the price behavior of Bitcoin, as big investors control the majority of the global trading volume. Should this trend extend alongside a continued BTC rally, it could act as a springboard to a major rally, with the flagship asset reaching a new all-time high in the upcoming weeks. BTC’s Price New Direction Is Upward After a notable bounce, Bitcoin is now challenging key resistance levels as it surges to its current all-time high. Crypto Dan, a market expert and author, has shared insights on BTC’s recent move, claiming that the direction has already shifted toward an upside trajectory. “Looking at Bitcoin’s movements from last April to the present, it appears that the market direction has shifted upward,” the market expert stated. Since April this year, the expert highlighted that US whales and institutions have been steadily reducing their selling pressure, as indicated by the red arrow on the chart. Meanwhile, their buying pressure is being maintained within the yellow box. According to Crypto Dan, Bitcoin is currently in a consolidation phase where short-term overheating is being resolved. Although there is still a chance for a pullback, the expert claims that the overall market trend is still upward, underlining his confidence toward the second half of 2025.
Ethereum is trading above the $2,500 mark but continues to struggle with strong resistance near $2,600, a key level that has capped further upside in recent sessions. After gaining over 23% since June 22, ETH has shown signs of strength, reclaiming crucial levels and riding the wave of market-wide optimism. However, as the broader crypto market stalls, Ethereum’s momentum appears to be slowing down. Related Reading: Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level The bullish impulse that drove ETH higher in late June is now meeting headwinds. Despite holding above important moving averages and maintaining a short-term uptrend, Ethereum has failed to break decisively above the $2,600 barrier. Analysts warn that a failure to reclaim this level with strong volume could lead to a short-term correction. Top analyst Carl Runefelt shared insights indicating a potential bearish setup on the 4-hour chart. According to Runefelt, Ethereum is forming a pattern that could lead to a pullback toward lower demand zones if momentum continues to fade. The coming days will be critical, as bulls attempt to maintain control while bears eye an opportunity to reclaim short-term dominance. Ethereum Faces A Critical Level Ethereum is approaching a crucial juncture following a week marked by volatility and renewed bullish momentum. After reclaiming the $2,500 level and rising over 23% since June 22, ETH has regained the attention of investors. However, the rally now faces a critical test: breaking above the $2,700 resistance level. A successful move above this threshold could ignite a broader altcoin rally, as Ethereum often acts as the leader for the altcoin market. Market sentiment remains cautiously optimistic, with bulls appearing to control short-term price action. Ethereum is trading above key moving averages and remains structurally bullish on higher timeframes. Yet, price has stalled just below the $2,600–$2,700 zone—a key supply area that must be flipped into support to confirm the next upward leg. A clean breakout could propel ETH into a new price range, allowing other altcoins to follow and break above their own resistance levels. Carl Runefelt cautions that Ethereum is currently forming a rising wedge pattern on the 4-hour chart—a potentially bearish setup. If the pattern plays out, ETH could fail to break higher and instead fall back toward lower support zones. Runefelt points to the $2,200 level as a key horizontal support that could be tested if momentum weakens and sellers regain short-term control. For now, Ethereum’s price action remains in a tight range. A decisive breakout or breakdown will likely define the direction of the altcoin market in the weeks ahead. Traders and investors alike are closely watching ETH’s next move, as it could set the tone for the remainder of the summer crypto cycle. Related Reading: Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum ETH Price Analysis: Key Resistance At $2,600 Ethereum’s price action continues to reflect a tug-of-war between bulls and bears as it hovers around the $2,550 level, just under the critical resistance at $2,600. After reclaiming that level briefly, ETH failed to hold its gains and pulled back slightly, suggesting sellers remain active at this zone. The chart shows Ethereum forming a lower high in the near term, raising short-term caution among traders. The 50-day and 100-day simple moving averages are now converging around $2,500–$2,530, acting as immediate support. As long as ETH holds above these levels, the medium-term outlook remains constructive. However, any sustained drop below these moving averages could invite additional downside pressure, possibly dragging the price back toward the $2,400 range or even testing the 200-day SMA near $2,180. Related Reading: Bitcoin Bounces Off Key Demand Level – Price Discovery On The Menu? Volume has remained moderate, showing that neither side has taken full control. Until ETH decisively breaks above $2,600 and flips it into support, the uptrend remains unconfirmed. The next key resistance sits at $2,700. Conversely, a rejection from current levels could indicate the formation of a range-bound structure or a rising wedge breakdown, as some analysts like Carl Runefelt suggest. Featured image from Dall-E, chart from TradingView
Increasing US regulatory clarity is enabling more traditional finance participants to seek out decentralized financial solutions.