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After suffering a major price crash back during the weekend, the Ethereum price has enjoyed an over 10% bounce that has put it back above major support levels. However, even with the recovery, the altcoin sits on shaky ground with geopolitical and macroeconomic factors still unstable. On the charts, there is also uncertainty as the second-largest cryptocurrency by market cap has failed to make any definitive moves from here, showing inconsistencies in movement. Ethereum Price Struggling At EMA Crypto analyst Swallow Academy noted that the Ethereum price has returned to trading at its Exponential Moving Average (EMA) earlier in the week after bouncing from its weekend lows. This has been referred to as the level of interest and sits around the $2,400 level, which has served as major support in the past. The harsh drop from the weekend that pushed ETH from $2,500 to $2,150 has no doubt dented sentiment and sparked caution among investors. But the retest of the EMA at $2,400 suggests that buyers are still exerting their force and have been pushing up the price. Given these recent developments, the crypto analyst explains that it is currently a waiting game for the Ethereum price. From here, it could go either way, as confirmation is needed for which direction it is headed next. A breakout from here could move it back above the $2,800 resistance. However, a crash could be confirmation of rejection, sending Ethereum spiraling back toward lows at $2,000. Mapping Out Next Steps As the Ethereum price continues to show signs of continuation, crypto analysts have begun to map out where the altcoin might be headed next. Mister Spread pointed to the fact that Ethereum had actually shown a bullish Power of 3 (PO3), consisting of accumulation, deviation, and expansion. The accumulation phase has been completed, and is now in the phase of deviation, explaining the price crash. Now, the price seems to already be breaking out of the deviation box, suggesting that the expansion phase will be coming sooner than expected. Once the expansion phase is in motion, the crypto analyst expects the Ethereum price to move back into the supply area of $2,800-$3,000. However, if the price fails to climb and falls back below $2,100, then this bullish thesis would be invalidated.

🇨🇳🏦 Shanghai Gold Exchange amplia atuação global com novos contratos de ouro e depósito internacional em Hong Kong 📅 Publicado em 26 de junho de 2025 ✍️ Por Igor Pereira – Analista de Mercado Financeiro | Membro WallStreet NYSE A Shanghai Gold Exchange (SGE) anunciou, nesta quinta-feira (26), uma nova etapa em sua internacionalização com a listagem de dois contratos de ouro em Hong Kong — os iPAu99.99HK e iPAu99.5HK — e a abertura de um depósito internacional designado nas instalações do Bank of China (Hong Kong) Co., Ltd.. A medida reforça a ambição da China em consolidar sua influência no mercado global de ouro, com implicações diretas para o mercado físico e o par XAU/USD. 📌 Detalhes principais dos contratos listados A partir de 26 de junho de 2025 , os dois novos contratos de ouro — iPAu99. 99HK e iPAu99. 5HK — estarão disponíveis para negociação. As regras de negociação e liquidação seguirão o modelo de "negociação por consulta" já vigente na bolsa. Além disso, a SGE também implementou isenção de taxas logísticas e de armazenagem até dezembro de 2025 para clientes e membros internacionais que operarem a partir do novo depósito em Hong Kong. Isso inclui: 💰 Isenção de taxas de entrada, saída e armazenagem 📦 Entregas físicas permitidas diretamente no novo depósito ✅ Adoção do manual específico: "Diretrizes para Entrega de Ouro no Depósito Designado em Hong Kong" 🧭 O que esperar dessa iniciativa A expansão da infraestrutura da SGE fora da China continental representa um passo estratégico para transformar Hong Kong em um hub internacional de liquidação física de ouro, rivalizando com Londres e Nova York — os centros ocidentais tradicionais do metal precioso. O movimento também pode atrair compradores institucionais da Ásia, Oriente Médio e BRICS, que buscam alternativas à custódia ocidental, especialmente em meio às crescentes tensões geopolíticas envolvendo os EUA, Irã, Rússia e o enfraquecimento da confiança nas instituições financeiras ocidentais. 💥Impacto do ouro no mercado (XAU/USD) Essa abertura da SGE em Hong Kong pode produzir implicações estruturais para o preço do ouro, com foco em: Desdolarização do comércio de ouro físico – O aumento do uso do yuan como moeda de liquidação em contratos fora dos EUA fortalece o papel da China no sistema monetário global. Aumento da demanda física por ouro na Ásia – A nova facilidade de entrega pode gerar aumento na procura por contratos com liquidação física, com impacto sobre os estoques de Comex e LBMA. Pressão sobre o XAU/USD em médio e longo prazo – A consolidação de um polo asiático de liquidação física tende a reduzir a dominância do preço papel (derivativos) no controle do preço à vista, possivelmente levando o XAU/USD a patamares mais elevados com base na escassez real. 📊 Contexto estratégico da China Essa iniciativa faz parte de uma agenda mais ampla de repatriação de ouro, acúmulo por bancos centrais e criação de infraestrutura paralela ao sistema financeiro dominado por Washington. É uma resposta direta aos riscos geopolíticos crescentes e à utilização do dólar como ferramenta de sanções. Desde 2022, a China tem aumentado agressivamente suas compras de ouro via PBoC, além de incentivar o comércio em moedas locais com parceiros do Sul Global. Essa movimentação da SGE é a institucionalização desse processo. 🔎 Conclusão e leitura institucional A listagem dos novos contratos iPAu99. 99HK e iPAu99. 5HK , aliada à instalação de um depósito físico internacional em Hong Kong, é mais do que uma inovação logística: trata-se de uma movimentação estratégica da China para solidificar seu papel como árbitro de preço físico global do ouro . ❗️Para traders de XAU/USD e investidores institucionais, é fundamental acompanhar os fluxos futuros de entrega física via SGE Hong Kong e possíveis distorções entre os preços futuros (COMEX) e o preço físico asiático. 🔁 Retorne ao nosso site para análises contínuas e insights exclusivos sobre ouro, geopolítica e fluxo institucional. 📥 Inscreva-se no Clube ExpertFX para acessar relatórios premium em tempo real. Igor Pereira Analista de Mercado Financeiro | Membro WallStreet NYSE ExpertFX School | www.expertfxschool.com 📎 Fontes: Bolsa de Ouro de Xangai (26/06/2025), Banco da China (HK), Conselho Mundial do Ouro ( ARQUIVOS EM ANEXO ) 📈 Impactos baseados em leitura institucional e análise do fluxo macroeconômico global 691e9182039d4a8887ba7ad6ee58a838.docx b1d82737c87640ab9a090e3ce64e61d8.docx

📊 EUA: Projeções de Alta do S&P 500 Ganham Atualização após Alvo de 6.116 ser Alcançado Montana revisa cenário de mercado e avalia novos riscos para a bolsa americana Por Igor Pereira | Analista de Mercado – ExpertFX School Em 27 de março de 2024, analistas da Montana Asset Management projetaram que o índice S&P 500 poderia atingir 6.116 pontos – uma previsão considerada otimista à época, dada a instabilidade inflacionária, os juros elevados e a pressão geopolítica. Agora, com o índice oscilando próximo a essa marca, a mesma equipe volta a atualizar sua visão sobre o mercado americano. Segundo o relatório mais recente publicado pela Montana o cenário para o S&P 500 passou por uma inflexão importante, e a gestora adota tom mais cauteloso, apontando que: 🧭 Pontos-chave da análise da Montana S&P 500 alcançou projeção-alvo de 6.116 pontos, sugerida em março de 2024; A atual precificação reflete expectativas mais do que fundamentos concretos; O avanço pode ter sido impulsionado pela antecipação de cortes de juros pelo Federal Reserve, mas a inflação ainda persiste; Valuation elevado e enfraquecimento de surpresas econômicas positivas aumentam o risco de correção; Setores como tecnologia e consumo lideraram a alta, mas já demonstram sinais de exaustão técnica. 📉 O que esperar do mercado? Com a aproximação do segundo semestre de 2025, os riscos macroeconômicos para os EUA incluem: Fator Impacto Potencial Atraso nos cortes de juros pelo Fed Pressão sobre múltiplos elevados Reaceleração da inflação Redução na confiança do mercado Tensões geopolíticas (Irã, China) Aumento da aversão ao risco Forte valorização do dólar Pressão sobre lucros corporativos exportadores Segundo Montana AM, "o mercado precifica perfeição", mas qualquer desvio – seja em inflação, crescimento ou política monetária – pode gerar realocação agressiva de portfólios, elevando volatilidade. 📌 Avaliação Técnica e Fundamental A estrutura técnica do S&P 500 mostra sinais de esgotamento de curto prazo, com divergências negativas nos principais indicadores de momentum, como RSI e MACD. Por outro lado, do ponto de vista fundamental, a revisão para baixo nos lucros por ação (EPS) em alguns setores-chave levanta preocupações quanto à sustentabilidade dos preços. 🧠 Análise do especialista 🔎 Conclusão A visão da Montana AM representa uma transição clara do otimismo técnico para uma abordagem mais defensiva e baseada em fundamentos, especialmente com os riscos de desaceleração global e incertezas sobre a trajetória dos juros nos EUA. 👉 Traders devem observar com atenção sinais de reversão técnica e ajustes nos forward earnings. Um pullback pode gerar oportunidades pontuais de hedge e realocação setorial. Para mais análises sobre o S&P 500, Dow Jones, Nasdaq e índices globais, continue acompanhando o portal ExpertFX School.

🇺🇸 SEC sinaliza liberação de resgates "in-kind" para ETFs de Criptomoedas Comissão pode autorizar resgate direto em criptoativos, o que pode transformar o mercado de ETFs nos EUA Por Igor Pereira | Analista de Mercado – ExpertFX School A comissária da Comissão de Valores Mobiliários dos Estados Unidos (SEC), Hester Peirce, conhecida por seu posicionamento pró-inovação, declarou nesta terça-feira (25) que “não está longe” o momento em que os ETFs de criptomoedas nos EUA permitirão resgates em espécie, ou seja, resgates feitos diretamente em criptoativos, como Bitcoin ou Ethereum, em vez de dólares. A fala ocorreu durante um painel regulatório, e sinaliza uma possível mudança estrutural no funcionamento dos ETFs de cripto, que atualmente são obrigados a operar apenas com resgates em dinheiro (cash redemption), limitando o envolvimento direto com o ativo subjacente. ✅ O que são resgates "in-kind"? Nos ETFs tradicionais, como os de ações ou ouro, resgates "in-kind" permitem que investidores institucionais recebam o ativo físico ou equivalente — por exemplo, barras de ouro ou ações — ao invés de dinheiro. No caso dos cripto-ETFs, essa possibilidade abriria espaço para o investidor receber criptoativos reais ao sair do fundo, reduzindo fricções e custos operacionais. 🧩 Impactos para o mercado A possível liberação de resgates em criptoativos (in-kind) pode representar: Maior liquidez institucional para o mercado spot de Bitcoin e Ethereum; Menor pressão de venda sobre os próprios ETFs em momentos de grandes saídas; Redução de custos operacionais e spreads, aumentando a eficiência dos fundos; Possível reprecificação dos ETFs de cripto, dado o valor adicional do acesso direto ao ativo; Aumento do interesse de arbitradores e market makers, que poderão operar com mais liberdade. 📈 Oportunidades e riscos Oportunidades Riscos Potenciais Ampliação do uso institucional de cripto Complexidade regulatória e tributária Desintermediação e menor fricção Volatilidade no resgate direto em ativos voláteis Redução de tracking error dos ETFs Preocupações com custódia e segurança dos ativos 💬 Análise do especialista 🔎 O que esperar? A expectativa do mercado agora se volta para: Uma consulta pública formal da SEC ou atualização das diretrizes regulatórias para ETFs cripto; Reações de emissores como BlackRock, Fidelity, Grayscale e Ark Invest, que podem adaptar seus fundos; Possível aumento de capital e captação para ETFs com suporte técnico ao modelo in-kind; Efeitos indiretos sobre a liquidez global de criptoativos, em especial Bitcoin e Ethereum. 📡 Continue acompanhando a ExpertFX School para atualizações sobre regulamentações cripto, ETFs e inovações financeiras nos Estados Unidos.

Despite recovering from the weekend retrace, Solana (SOL) is trading between two levels that could make or break the altcoin’s rally. Nonetheless, some analysts suggest that the cryptocurrency could be gearing up for a massive breakout beyond the local highs. Solana Sits At Decisive Level On Wednesday, Solana fell to the $143 mark after failing to reclaim a crucial area lost over a week ago. Following the May breakout, the cryptocurrency hovered between the $148-$184 price range, hitting a four-month high of $187 at the end of last month. However, the June market pullback saw SOL lose its range and move toward the $144-$148 levels. This area was briefly lost during the weekend retrace, with Solana falling to the $125 support level before recovering. Over the past three days, the altcoin has surged nearly 15%, touching the $148 barrier on Wednesday morning, which has been one of the key levels since May. After recovering from the recent drop, SOL has attempted to reclaim this level, but was rejected once again. Analyst Sjuul from AltCryptoGems highlighted that Solana “just completed a very nice V-shaped recovery from the low,” but noted that the cryptocurrency is at a “very delicate level” as it trades within the $144-$148 zone. He suggested that investors should pay attention to this area, as a reclaim of the $148 resistance could propel the price to a “quick move to the upside.” On the contrary, rejection from this level and losing the $144 range low could signal that the recent price action was a bearish retest. Analyst Man of Bitcoin affirmed that a “sustained break above the resistance zone would be the first signal that the chart has formed a low. He detailed that a confirmed break above the $148 resistance would support the case for a reversal. Nonetheless, he warned that a potential scenario “with one more low in wave-5.” SOL Ready For A Rally Continuation? As price hovers between the $143-$144 levels, market watcher Altcoin Hunter considers that SOL is “dancing with the devil.” He pointed out that the cryptocurrency has been trading within a one-month falling wedge, with the $148-$150 rejection zone “coming in HOT.” Per the post, failing to break out will send Solana “back to the shadow realm,” but “given how easily market sentiment shot up, Valhalla is likely.” Meanwhile, trader Rose Premium Signals stated that the cryptocurrency is “preparing for a strong breakout” from its one-month falling wedge pattern. The market watcher that Solana bounced from the crucial $125-$130 demand zone, which is in confluence with the 0.618 Fib level. Notably, the altcoin held above this area on the weekly timeframe despite the pullback. According to the trader, a breakout from the formation could trigger a “sharp move upward” toward the initial $204 target, potentially followed by a surge toward the $229 and $258 areas. As of this writing, Solana is trading at $143, a 1.3% decline in the daily timeframe.

📉 Dólar em queda: Índice DXY atinge menor nível desde março de 2022 Enfraquecimento do dólar reflete expectativas de corte de juros, tensões geopolíticas e mudanças no fluxo global de capitais Por Igor Pereira | Analista de Mercado – ExpertFX School O Índice Dólar (DXY) — que mede o valor do dólar americano frente a uma cesta de moedas fortes (euro, iene, libra, franco suíço, dólar canadense e coroa sueca) — despencou para o nível mais baixo desde março de 2022, gerando alerta entre investidores globais e analistas macroeconômicos. Este movimento acende discussões importantes sobre os fundamentos do dólar, o comportamento dos bancos centrais, e os possíveis impactos sobre ativos como ouro (XAU/USD), commodities, moedas emergentes e Bitcoin. 📊 Causas da Queda do DXY A desvalorização recente do dólar é impulsionada por três vetores principais: 1. 🏦 Expectativa de Corte de Juros pelo Federal Reserve As declarações recentes do presidente do Fed, Jerome Powell, indicam que o banco central está em modo de espera e observação, mas pode cortar juros antes do esperado caso a inflação tarifária não se materialize. Com o mercado precificando dois cortes até dezembro, os rendimentos dos Treasuries vêm caindo, o que reduz a atratividade do dólar frente a outras moedas. 2. 🌍 Tensões Geopolíticas e Fiscal Dominance Com os conflitos no Oriente Médio se intensificando e os EUA enfrentando crescentes pressões fiscais, cresce o receio de que o país esteja caminhando para um regime de "dominância fiscal", no qual o Fed se vê forçado a manter juros baixos para viabilizar o financiamento da dívida pública. A campanha pública de Donald Trump contra Jerome Powell e os recentes comentários agressivos sobre a independência do Fed também contribuem para aumentar o prêmio de risco político embutido no dólar. 3. 🪙 Desdolarização e Fluxos Internacionais Movimentos recentes de venda de Treasuries por China e Japão, além de apelos na Europa para repatriar reservas de ouro armazenadas nos EUA, reforçam a tendência estrutural de diversificação cambial. A correlação entre o enfraquecimento do dólar e a alta do ouro (atualmente em $3.349) mostra que investidores institucionais estão buscando hedges contra a deterioração da moeda americana. 💥 Impactos nos Mercados Ativo Impacto Esperado Ouro (XAU/USD) Forte impulso altista devido à fuga do dólar Euro (EUR/USD) Ganha força relativa com a fraqueza do DXY Moedas emergentes Valorização temporária frente ao USD Commodities (petróleo, cobre) Alta devido ao efeito dólar fraco Bitcoin (BTC) Beneficiado como hedge não soberano 📌 O que esperar? O dólar pode continuar em trajetória de enfraquecimento caso: A inflação tarifária não se materialize nos próximos meses; O mercado de trabalho continue desacelerando; O Fed confirme cortes na taxa básica já no segundo semestre; A instabilidade geopolítica siga elevando a demanda por ativos reais. Entretanto, um eventual choque de oferta de petróleo, escalada militar no Oriente Médio ou reversão hawkish do Fed poderiam reverter parte desse movimento. 🧠 Conclusão do analista 📲 Para mais atualizações sobre política monetária, macroeconomia e mercados globais, continue acompanhando o site ExpertFX School e o Clube ExpertFX.

Barclays is putting a stop to crypto purchases made with credit cards, and the change kicks in this Friday on June 27th. Customers will no longer be able to use their Barclays credit cards to buy digital assets like Bitcoin or Ethereum, either directly or through apps that offer crypto services. It’s a notable move from one of the UK’s biggest banks and adds to a growing list of restrictions being placed on how everyday users can access crypto. The Thinking Behind the Ban Barclays says the decision comes down to customer safety. With crypto prices swinging sharply and scams still a concern, the bank has decided that using borrowed money to chase volatile digital assets just doesn’t make sense. While the bank hasn’t shut down crypto access entirely, it’s drawing a clear line between spending cash you have and taking on debt to make a speculative bet. This change also brings Barclays in line with what other UK banks have already done. Santander, NatWest, Halifax, and Lloyds have all blocked crypto purchases via credit cards over the past year. For banks, it’s less about opposing crypto and more about limiting the financial risk tied to unsecured borrowing in a market that remains unpredictable. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 What Customers Can Expect If you’re a Barclays customer and you’ve used your credit card to buy crypto, that option will be off the table by the end of the week. The bank is notifying users through its app and online banking services so that no one is caught by surprise. Debit card purchases and bank transfers will still work as usual, so customers aren’t being locked out of crypto entirely. But they will need to use funds they already have, not borrowed ones. BitcoinPriceMarket CapBTC$2.13T24h7d30d1yAll time The ban also applies to cash advances used to fund crypto purchases on third-party platforms. So even if the purchase isn’t directly made through a crypto exchange, if the bank sees that credit is being used for crypto-related activity, it will likely block the transaction. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in June2025 Part of a Bigger Picture This decision is not happening in isolation. UK regulators, especially the Financial Conduct Authority, have been vocal about the risks of crypto investing, particularly when people use borrowed money. Reports have shown a rise in crypto-related debt complaints, with consumers falling into financial trouble after betting on price moves that didn’t work out. Source: Shutterstock The FCA has been urging financial institutions to take a closer look at how customers are exposed to crypto. Some of that pressure is now translating into real policy shifts. Barclays’ new restriction is just the latest example of that trend. Where This Could Lead It wouldn’t be surprising if more banks in the UK follow suit in the coming weeks. Some already have similar policies in place, and others are reviewing their stance. Outside the UK, banks in Europe are also starting to reconsider how credit card products interact with digital assets. In the United States, the conversation is more fragmented, but the regulatory attention is growing there too. As crypto continues to move into the mainstream, financial institutions are trying to figure out where they stand. For now, Barclays is drawing a clear boundary. Borrowing to buy crypto is off the table. If you want to invest, you’ll have to do it with your own money. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Barclays will block all credit card crypto purchases starting June 27, affecting both direct buys and transactions through third-party apps. The bank cites customer safety and market volatility as the main reasons for banning crypto purchases made with borrowed funds. Debit card and bank transfer options will still be available for crypto buys, but customers must use their own funds. Barclays joins other UK banks like Santander and NatWest in restricting crypto buys via credit, in line with regulator pressure. This move reflects a growing trend of banks limiting credit-based exposure to crypto due to rising concerns about risk and debt. The post Barclays Bans Credit Card Crypto Buys Starting June 27th appeared first on 99Bitcoins.

A group of South Korea’s top commercial banks is taking a major step toward launching a stablecoin tied to the Korean won. A consortium including KB Kookmin, Shinhan, Woori, Nonghyup, Industrial Bank of Korea, Suhyup, Citi Korea, and Standard Chartered Korea is leading the plan. Their goal is to bring a bank-issued digital won to market by the end of 2025 or early 2026. The idea behind this collaboration is to offer an alternative to the rising dominance of dollar-based stablecoins like USDT and USDC. Traders and users across South Korea’s crypto ecosystem have widely used these foreign assets, often to fill gaps in payments and trading. But with nearly 57 trillion won worth of dollar stablecoin trade volume moving through the country in the first quarter of 2025, local banks are clearly looking to take back control. Domestic Push for Monetary Control This stablecoin initiative is closely tied to growing concerns about monetary sovereignty. Financial authorities and lawmakers are becoming uneasy about how much influence foreign-denominated digital assets now have on local transactions. Some view it as a gradual loss of national control, especially since private firms outside Korea issue and manage the currency used by Korean traders and consumers. Banks working on the won-backed stablecoin are being supported by the Open Blockchain and DID Association, along with the Korea Financial Telecommunications and Clearings Institute. These institutions are handling technical development and potential regulatory models. Two structures are being considered. One would involve holding user funds in trust, while the other would issue tokens directly against customer deposits. DISCOVER: 20+ Next Crypto to Explode in 2025 Central Bank Reactions The Bank of Korea has responded cautiously. Deputy Governor Ryoo Sang-dai said any rollout should begin with licensed commercial banks and only later expand to other firms. Governor Rhee Chang-yong acknowledged the potential upside of a domestic stablecoin but also flagged possible side effects. One concern is that making it easier to exchange between stablecoins might actually increase demand for dollar-backed assets, not reduce it. BitcoinPriceMarket CapBTC$2.13T24h7d30d1yAll time The central bank is already working on its own wholesale CBDC model for institutions. However, it appears willing to let commercial banks take the lead on a retail-facing stablecoin, as long as the rules are clear and the process is gradual. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Laying the Ground for Regulation The stablecoin rollout also aligns with a broader legislative effort. The Democratic Party is advancing the Digital Asset Basic Act to define and regulate digital assets, including stablecoins. Lawmakers expect this law to set the foundation for how these tokens can be issued, who can manage them, and what level of transparency is required. Source: Shutterstock At the same time, some banks like KB Kookmin have already filed trademarks for names such as KBKRW and KRWST, indicating that development is well underway. Legal reviews and compliance checks are still in progress, but if everything stays on schedule, pilots could begin in late 2025. Looking Ahead South Korea is not the only country exploring this route. Japan is rolling out bank-backed stablecoins under its own regulatory framework, and Europe is moving forward under MiCA. What sets South Korea apart is the scale and speed of coordination between major banks. By moving together, they hope to launch something trusted, regulated, and fully backed by Korean financial institutions. Whether this stablecoin ends up reshaping local payments or simply coexists with dollar tokens will depend on how it’s received by users and how effectively regulators and banks handle its launch. What is clear is that South Korea is preparing to take a more active role in how digital money works inside its borders. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates South Korea’s top banks plan to launch a won-backed stablecoin by late 2025 or early 2026, aiming to reduce reliance on dollar-based tokens like USDT and USDC. Regulators are pushing the move to curb foreign digital assets and protect monetary sovereignty. The Bank of Korea supports a gradual rollout starting with licensed banks, while continuing to develop its own wholesale CBDC model. The project aligns with the upcoming Digital Asset Basic Act, which will define stablecoin rules, issuance rights, and transparency requirements. Companies have already filed trademarks like KBKRW and KRWST. This suggests that the technical and legal groundwork for South Korea’s first major bank-issued stablecoin is well underway. The post South Korea’s Biggest Banks Join Forces on Won-Backed Stablecoin appeared first on 99Bitcoins.

The recent two-day risk-on rally in the US stock market showed signs of fatigue as attention turns to upcoming economic data, Fed policy guidance, and tariff-related developments. Market participants are now eyeing the expiration of the White House’s 90-day pause on reciprocal global tariffs (excluding China), set for 9 July. close Fig 2: Japan 225 CFD Index minor trend as of 26 June 2025 (Source: TradingView) Fig 2: Japan 225 CFD Index minor trend as of 26 June 2025 (Source: TradingView) The price actions of the Japan 225 CFD Index (a proxy for the Nikkei 225 futures) have staged a bullish breakout from a 7-week “Ascending Triangle” range configuration, previously in place since 13 May 2025 that indicates the start of a potential multi-week impulsive up move sequence within its medium-term uptrend phase in place since 7 April 2025 low. The hourly RSI momentum indicator has reached an extreme overbought level of 81.20, the highest since 28 May 2025, which suggests that the Japan 225 CFD Index may stage a minor pull-back at this juncture before resuming its bullish impulsive up move. Watch the intermediate support at 39,145 and the 38,850 key short-term pivotal support to hold the minor pull-back movements with the next intermediate resistances coming in at 39,830, and 40,280 (15 October/30 December 2024 swing high areas (see Fig 2). On the flip side, failure to hold above 38,850 invalidates the bullish breakout scenario for the continuation of the choppy corrective decline sequence to expose the next intermediate supports at 38,600 and 38,150/38,035 (also the 20-day and 200-day moving averages). Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

On-chain data shows new investors have been coming into Chainlink (LINK) as the MVRV Ratio signals a potential long-term opportunity for the asset. Chainlink Has Seen Its Total Holder Count Reach A New High In a new post on X, the analytics firm Santiment has discussed about the latest trend in the Total Amount of Holders metric for Chainlink. This indicator measures, as its name suggests, the total number of addresses on the LINK network that are carrying some non-zero balance. Below is the chart shared by Santiment that shows how the value of the metric has changed during the past year. As displayed in the graph, the Total Amount of Holders observed an inflection point earlier this year and has since been climbing up at a notable rate. This suggests that new non-empty wallets are popping up on the network. This kind of trend can arise due to a number of reasons. Fresh investors coming into the space or old ones who sold before making a return naturally contribute to an increase in the indicator. Another factor could be existing users creating new wallets to distribute their holdings or for privacy purposes. In general, all of these could be assumed to be occurring simultaneously to a degree whenever the Total Amount of Holders goes up. As such, the recent uptrend in the metric could indicate that some net adoption (that is, the influx of new investors) has steadily been taking place for Chainlink. Over the past month, 7,903 new non-zero balance addresses have joined the chain, bringing the Total Amount of Holders to a fresh all-time high (ATH) of 769,380. In the same chart, the analytics firm has also attached the data of another indicator: the Market Value to Realized Value (MVRV) Ratio. This metric basically compares how the value held by the BTC investors (the market cap) compares against the value put in by them (the realized cap). In other words, the indicator tells us about the profit-loss balance of the holders. Here, the version of the MVRV Ratio that’s relevant is the 365-day version, capturing the situation of the investors who bought their coins within the past year. From the graph, it’s visible that the 1-year MVRV Ratio of Chainlink is currently sitting at a negative 17.3%, an indication that these traders are, on average, holding a loss of 17.3%. Generally, however, investors being underwater isn’t actually a bad thing for the cryptocurrency. This is because holders in profit are the ones more likely to participate in selling. As such, Santiment notes that the trend in the 365-day MVRV Ratio could suggest the asset’s “long-term investing timeframe is in an opportunity zone.” LINK Price At the time of writing, Chainlink is trading around $13.15, up more than 2% in the last seven days.

Dogecoin started a fresh increase above the $0.1550 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1680. DOGE price started a fresh increase above the $0.150 and $0.1550 levels. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key rising channel forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.180 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh increase above the $0.1420 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.150 and $0.1550 resistance levels. The bulls even pushed the price above the $0.1620 resistance. A high was formed at $0.1677 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1427 swing low to the $0.1677 high. Dogecoin price is now trading above the $0.160 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1680 level. There is also a key rising channel forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.1720 level. The next major resistance is near the $0.1750 level. A close above the $0.1750 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1680 level, it could start another decline. Initial support on the downside is near the $0.1620 level. The next major support is near the $0.1550 level and the 50% Fib retracement level of the upward move from the $0.1427 swing low to the $0.1677 high. The main support sits at $0.1550. If there is a downside break below the $0.1550 support, the price could decline further. In the stated case, the price might decline toward the $0.1420 level or even $0.1350 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1620 and $0.1550. Major Resistance Levels – $0.1680 and $0.1800.

Bitcoin has resumed its upward movement, maintaining strength above the $107,000 level as market momentum builds toward the asset’s recent all-time high above $111,000. As of this writing, BTC is trading at $107,242, reflecting a 1.3% gain over the past 24 hours and a 2.7% rise in the past week. The market’s rebound comes after a brief dip last weekend, suggesting that investor confidence remains resilient heading into the next potential leg up. Contributing to the bullish outlook, CryptoQuant analyst İbrahim COŞAR recently highlighted Bitcoin’s successful reclaim of the 50-day Exponential Moving Average (EMA), which he described as a key level to track for short-term price trends. Bitcoin Reclaims Key Technical Level, Eyes $120K Potential According to COŞAR, the 50-day EMA often acts as dynamic support during corrections, and regaining this level typically precedes a price rally. In past cycles, similar conditions have led to gains between 10% to 20% shortly after the level was reclaimed. COŞAR further noted that Bitcoin’s reclaim of the 50-day EMA occurred after a short-lived breakdown, which was quickly reversed with three consecutive daily closes above the level. This technical setup mirrors previous instances that preceded substantial upward moves. COŞAR also cautioned that while the technical structure favors continued gains, geopolitical uncertainties, especially involving the US, Israel, and Iran, could introduce sudden volatility. As a result, he advised market participants to avoid leveraged positions in the short term and remain prepared for potential price swings. COŞAR wrote: That said, geopolitical developments—particularly any positive or negative news involving the U.S., Israel, and Iran—could trigger sudden volatility in BTC’s price. Please avoid using leverage during this period and remain cautious in the face of potential market swings. Further Into Technicals: Analyst Points to Bullish Flag Adding to the conversation, independent crypto analyst Captain Faibik suggested that Bitcoin’s price pattern is forming a bullish flag, a common continuation pattern in technical analysis. According to Faibik, while the structure indicates a likely breakout, a final corrective dip to the $97,000–$98,000 range may occur before upward momentum resumes. He emphasized that a confirmed breakout above the $108,000 resistance would be a key signal, potentially setting the stage for a mid-term target of $130,000. Notably, while short-term price forecasts vary, both analysts agree on the broader direction: Bitcoin remains in a bullish phase supported by technical trends. These insights align with broader market sentiment, including the increased inflow from institutional investors. Featured image created with DALL-E, Chart from TradingView

XRP price started a fresh increase from the $2.150 zone. The price is consolidating gains and might aim for a move above the $2.220 zone. XRP price started a fresh increase above the $2.150 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2.1320 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it closes above the $2.220 resistance zone. XRP Price Eyes Upside Break XRP price remained supported and started a fresh increase above the $2.050 zone, like Bitcoin and Ethereum. The price recovered above the $2.080 and $2.120 resistance levels. The pair even cleared the $2.180 resistance and recently spiked above the $2.220 zone. A high was formed at $2.2294 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. The price is now trading above $2.180 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2.1320 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.220 level. The first major resistance is near the $2.250 level. The next resistance is $2.320. A clear move above the $2.320 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.480 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.550. Downside Correction? If XRP fails to clear the $2.220 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.1320 level and the trend line. If there is a downside break and a close below the $2.1320 level, the price might continue to decline toward the $2.050 support or the 50% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.150 and $2.1320. Major Resistance Levels – $2.220 and $2.250.

Following a quick drop to nearly $98,000 over the weekend, Bitcoin (BTC) has recovered most of its recent losses and is now trading above $107,000 at the time of writing. Fresh on-chain data suggests that the short-term holder (STH) floor for BTC has been steadily rising toward the $100,000 level. Bitcoin STH Floor Approaching $100,000 According to a recent CryptoQuant Quicktake post by contributor unchained, Bitcoin’s STH Realized Price has been making its slow grind up toward the psychologically important $100,000 level. Notably, the analyst had earlier dubbed this metric as the “fault line” to watch. For the uninitiated, the STH Realized Price represents the average price at which all Bitcoin held for less than 155 days was acquired. It acts as both a key psychological and technical support level. When the market price stays above it, STH are in profit and more confident, whereas if it falls below, fear and selling pressure often increase. Currently, the STH Realized Price hovers around $98,000. The analyst notes that each $500 rise in the STH Realized Price effectively resets the “new buyers’ comfort floor.” As this metric nears six figures, the mental stop-loss for newer investors also moves upward. The following chart illustrates two recent instances where BTC bounced sharply after touching the blue STH Realized Price line. This price action suggests a bullish structure, where selling pressure diminishes as soon as BTC revisits its average cost basis. Meanwhile, the premium – the difference between BTC’s spot price and STH Realized Price – currently hovers around 7.2%. A shrinking premium, typically under 10%, has historically signalled reduced market froth and often preceded the next leg up once open interest began to rebuild. On the long-term side, the long-term holder (LTH) Realized Price remains largely unchanged at $32,000, roughly one-third of the STH Realized Price. The analyst observes that these long-term coins are likely held in cold storage, indicating “strong hands” with little incentive to sell. They concluded: The blue line is climbing relentlessly; as long as BTC lives above it, the prevailing tide is still higher-lows, higher-highs. Lose it on a daily close, and we get our first real gut-check since April – otherwise the bull engine is merely cooling its cylinders. Experts Predict New High For BTC As BTC’s STH Realized Price continues to surge higher – resulting in a higher floor price for the digital asset – several crypto experts seem to agree that the cryptocurrency may soon reach a new all-time high (ATH) in the coming months. For instance, Bitcoin is forming a bullish inverse head and shoulders pattern on the three-day chart, eyeing a potential ATH of as high as $150,000. At press time, BTC trades at $107,711, up 2.1% in the past 24 hours.

Ethereum price started a fresh increase above the $2,350 zone. ETH is now showing positive signs and might aim for a move above the $2,550 zone. Ethereum started a fresh upward move above the $2,320 level. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above the $2,550 resistance zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the $2,250 support level, like Bitcoin. ETH price was able to clear the $2,320 and $2,350 resistance levels to move into a positive zone. The bulls even pushed the price above the 61.8% Fib retracement level of the downward move from the $2,568 swing high to the $2,115 low. The price is now facing hurdles near the $2,500 zone. Ethereum price is now trading above $2,450 and the 100-hourly Simple Moving Average. The price is now stuck near the 76.4% Fib retracement level of the downward move from the $2,568 swing high to the $2,115 low. On the upside, the price could face resistance near the $2,480 level. The next key resistance is near the $2,500 level. The first major resistance is near the $2,550 level. A clear move above the $2,550 resistance might send the price toward the $2,600 resistance. An upside break above the $2,600 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,800 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,550 resistance, it could start a fresh decline. Initial support on the downside is near the $2,440 level and the trend line. The first major support sits near the $2,390 zone. A clear move below the $2,390 support might push the price toward the $2,310 support. Any more losses might send the price toward the $2,220 support level in the near term. The next key support sits at $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,310 Major Resistance Level – $2,550

Ethereum has experienced a strong comeback after weeks of uncertainty and bearish momentum. Following a sharp breakdown below its long-standing consolidation range, ETH found support near the $2,100 level and has since surged 15% from Sunday’s low. The move comes amid improving market sentiment after a ceasefire agreement between Israel and Iran helped ease geopolitical tensions, while broader macroeconomic conditions remain in flux. This recent bounce has placed Ethereum back into a critical technical zone, where bulls are once again attempting to reclaim control. After spending much of May and June in a sideways range, ETH is showing signs of renewed strength, fueling optimism that the next decisive move could be to the upside. Top analyst Mister Crypto shared a bullish technical outlook, highlighting that Ethereum is getting ready for a breakout. According to his view, the current price structure and momentum suggest ETH may be preparing to challenge previous resistance levels and enter a new phase of expansion. With on-chain activity starting to pick up and broader market confidence slowly returning, Ethereum could be positioning itself as the key altcoin to lead a potential rally in the coming weeks. Ethereum Reclaims Strength Ethereum has surged more than 15% from Sunday’s lows, recovering from sharp losses triggered by geopolitical tensions in the Middle East. The announcement of a ceasefire between Israel and Iran sent a wave of relief through global markets, with ETH leading the charge among major altcoins. After briefly losing key support levels, bulls are regaining momentum as Ethereum reclaims price levels last seen before the breakdown. This rebound marks a crucial moment for ETH, as it tests the strength of current market sentiment. While macroeconomic uncertainty continues—driven by growing fears of a U.S. recession, rising bond yields, and a cautious Federal Reserve—Ethereum appears to be consolidating for a potential breakout. The broader crypto market remains on edge, with altcoins underperforming Bitcoin, and many investors watching Ethereum closely as the likely catalyst for the long-awaited altseason. According to Mister Crypto, Ethereum is now preparing for a breakout above the $2,800 resistance. This level represents a major psychological and structural barrier, and a decisive move beyond it could redefine ETH’s trajectory for the remainder of the year. Volume is returning, and on-chain data shows rising confidence from long-term holders, signaling a potential shift in trend. If bulls succeed in pushing ETH past this zone, it could trigger renewed interest across the altcoin market and usher in a wave of fresh capital. As Ethereum flirts with this breakout level, its price action in the coming days may very well set the tone for the next phase of the crypto cycle. ETH Testing Resistance After 15% Surge Ethereum (ETH) is currently trading near $2,414 after rebounding sharply from the $2,100 zone, a level revisited last Sunday during heightened geopolitical tensions. The 8-hour chart shows a clean V-shaped recovery, with bulls pushing the price through the 200 SMA ($2,326), reclaiming short-term control. Volume surged on the way up, confirming strong buying interest during the bounce. However, ETH now faces a test near the $2,450–$2,500 zone, where the 50 and 100 SMAs converge. These moving averages, currently acting as resistance, previously played a key role during Ethereum’s consolidation in early June. A successful breakout above this range would open the door to a retest of the $2,700–$2,800 levels, as suggested by top analysts like Mister Crypto. For now, price action remains in a neutral consolidation range with a slight bullish tilt. If Ethereum holds above the 200 SMA while building support above $2,400, the bullish case strengthens. However, failure to break above $2,500 could trigger another pullback toward the $2,300 level. The next few sessions will be crucial to determine whether ETH continues its breakout attempt or enters another phase of sideways consolidation amid broader market uncertainty. Featured image from Dall-E, chart from TradingView

Bitcoin price started a fresh increase above the $105,500 zone. BTC is now consolidating and might aim for a move above the $108,000 resistance. Bitcoin started a fresh increase above the $105,500 zone. The price is trading above $105,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $107,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $106,000 zone. Bitcoin Price Eyes More Gains Bitcoin price started a fresh increase above the $103,500 zone. BTC gained pace and was able to climb above the $104,200 and $105,500 levels to enter a positive zone. The bulls pushed the price above the $106,500 resistance and the price tested the $108,200 zone. A high was formed at $108,165 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $98,272 swing low to the $108,165 high. Bitcoin is now trading above $106,000 and the 100 hourly Simple moving average. There is also a bullish trend line forming with support at $107,400 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $108,000 level. The first key resistance is near the $108,200 level or the 1.236 Fib extension level of the downward move from the $106,470 swing high to the $98,276 low. A close above the $108,200 resistance might send the price further higher. In the stated case, the price could rise and test the $110,000 resistance level. Any more gains might send the price toward the $112,000 level. Another Drop In BTC? If Bitcoin fails to rise above the $108,500 resistance zone, it could start another decline. Immediate support is near the $107,400 level and the trend line. The first major support is near the $105,500 level. The next support is now near the $104,000 zone. Any more losses might send the price toward the $103,500 support in the near term. The main support sits at $103,200, below which BTC might gain bearish momentum. 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 – $107,400, followed by $105,500. Major Resistance Levels – $108,500 and $110,000.

Ethereum is once again aligning with the broader crypto market recovery as its price begins to reclaim ground lost during recent downturns. After briefly dropping to a local low of $2,177 over the weekend, the second-largest cryptocurrency by market capitalization has climbed back above $2,400. At the time of writing, Ethereum is trading at approximately $2,412, though it still reflects a 2.9% loss over the past week and a 2.4% dip over the last two weeks. Amid this price performance, a CryptoQuant analyst has assessed Ethereum’s interaction with the 50-day Exponential Moving Average (EMA), a commonly used trend indicator, and came up with an outlook on where the asset is likely headed. Ethereum Key Resistance Levels and Historical Price Patterns According to a recent post by CryptoQuant contributor İbrahim COŞAR, Ethereum is approaching a pivotal moment that could define its next price trajectory. The analyst believes that a decisive break above the 50-day EMA could propel ETH to the $2,800 level, with a further push toward $4,000 if resistance levels are breached. In his analysis, İbrahim COŞAR emphasizes that Ethereum must close consistently above the $2,500–$2,600 range to confirm a breakout. Past data suggests that ETH has previously moved sharply after breaking out of similar consolidation zones. Specifically, in an earlier phase, Ethereum oscillated between $2,100 and $2,800 before moving strongly to $4,000. A similar move could unfold if ETH can surpass the $2,800 resistance in the current market cycle. COŞAR also noted that Ethereum’s 50-week EMA remains a longer-term resistance barrier. A breach of this technical ceiling, combined with strong daily closes above short-term resistance levels, could indicate the beginning of a more aggressive upward trend. However, the analyst advised caution, pointing out that macroeconomic and geopolitical events, particularly those involving the US, Israel, and Iran, could trigger market volatility. He recommended avoiding excessive leverage during such periods. Additional Technical Perspectives Point to Further Gains Javon Marks, another crypto market analyst, presented a more aggressive outlook for Ethereum. In a recent post, Marks observed that Ethereum has broken above a descending trend line, which historically aligns with upward price continuation. He projected that Ethereum could see an 81% gain to reach a target price of $4,811.71. Furthermore, if momentum builds, an additional rally could extend gains by another 77%, pushing prices toward $8,557.68. These projections are not guaranteed, but they highlight growing optimism in Ethereum’s market structure, especially among traders who base strategies on technical chart formations. Despite recent volatility, the broader sentiment appears to favor a continuation of the upward trend, provided critical resistance levels are overcome and no major disruptive events emerge. Featured image created with DALL-E, Chart from TradingView

In accordance with recent statistics, Dogwifhat (WIF) jumped 24% in the past 24 hours, moving above $0.85 as Bitcoin broke above $107,000. Traders observed a quick turnaround from levels below $0.72. Active wallets handling WIF jumped by 20%, and daily volume hit over $70 million. All those actions brought the Solana meme coin to within range of the $1.00 mark. Network Activity Shoots Up Based on reports, the Dogwifhat network saw a jump in trading volume to over $700 million in the past two days. That level of activity is rare for a token ranked 45th by market cap at about $1.75 billion. It now sits behind Dogecoin and Shiba Inu but outpaces fellow Solana names like FLOKI, PEPE and BONK. A sharp reversal off the $0.70 low got traders’ attention before the current uptick. Community Funds Billboards And Merch As per community posts, Dogwifhat holders have contributed funds for attention-grabbing billboards and special merchandise drops. Grassroots campaigns rolled out on social media channels, fueling renewed interest. That momentum helped to maintain volume levels over $70 million a day and continued to keep wallet counts rising. Support at $0.81 held firm when the rally began, giving buyers confidence. Technical Breakout Hints At More Gains Based on chart analysis, WIF broke out of a descending wedge on the 4-hour chart. That pattern formed over the past week before prices cleared the $0.83 level on higher trading volume. The Relative Strength Index sits near 60, below overbought territory, suggesting there’s still room to run. Traders now eye a move to $0.90, the next Fibonacci retracement. A push past $1.00 would be the strongest signal yet. Bitcoin And Solana Link Remains Strong According to market watchers, WIF’s fate is tied to Bitcoin and the wider Solana ecosystem. Maintaining Bitcoin above $105,000 will be crucial for keeping momentum. Any pullback could force WIF back toward support at $0.77 or even the recent floor at $0.71. At the same time, new exchange listings or partnership news could stoke another leg higher. Risk Management Key For Traders According to trading guides, meme coins such as WIF bear large swings. Smart traders are encouraged to place tight stops and control position sizes. A retreat below $0.80 would be a call to exercise caution. In case support fails, prices can test the lower bands once again. But if the coin holds ground, a run at $1.00 could spark fresh buying. Featured image from Pexels, chart from TradingView

After a week of volatile price action, Bitcoin has once again returned to familiar territory around the $106,000 price level. However, on-chain data shows that investors are still cautious, with the crypto Fear & Greed Index now in the neutral zone. On the other hand, technical analysis of Bitcoin’s price action on the 4-hour candlestick timeframe chart shows that its price behavior has completed a significant correction, one that’s paving the way for a major rally to $130,000. Bitcoin’s Wave 2 Correction Might Be Complete According to XForceGlobal, a crypto analyst who posted a detailed Elliott Wave chart on the social platform X, Bitcoin’s recent correction fits neatly within a completed WXY pattern. The second wave, which started following the all-time high of $111,814 on May 22 and formed the corrective structure, has now retraced into the expected Fibonacci range between the 23.6% and 38.2% levels. Notably, the ideal minimum target for this correction move was in the $90,000 region, and Bitcoin fulfilled that condition with the pullback to just under $98,200 over the weekend. The most important thing was in preserving the macro wave structure. Instead of drawing out a deeper pullback into the 0.618 to 0.886 Fibonacci levels, which is often characteristic of bear market retracements, the analysis maintains the idea that this was a wave 2 correction within a larger bullish impulse. This distinction is important. If the WXY correction is indeed complete and wave 2 has concluded, the next logical move in the Elliott Wave sequence is a third wave advance. According to Elliott Wave analysis, the third wave is often the most explosive in terms of price expansion. Its outcome could therefore push the price of Bitcoin to new heights that are significantly higher than its most recent all-time high. Why $130,000 Is A Realistic Target For Bitcoin The analyst’s technical projection on Bitcoin’s 4-hour candlestick timeframe chart shows an expected wave 3 trajectory extending beyond $111,800, with an expansion arrow reaching up above $130,000. This is the expansion move and is based on a similar projection of Wave 1. In the accompanying chart, the analyst marks the key pivot zone between $98,000 and $102,000 as the Wave C termination area. If this zone indeed marks the completion of the second wave, the next movement would require validation through the formation of a clear 1-2 structure within Wave 3. This means that confirmation of the bullish count also depends on the price making a new local high above the current range and then pulling back without breaching the recent lows. If that structure plays out, then the market would likely be in the early stages of a powerful third wave. Bitcoin has already made an 8% price gain after it dropped to a low of $98,200 following U.S. airstrikes on Iranian nuclear sites. The most significant upward move came on Tuesday, June 24, when reports of a Middle East cease-fire pushed Bitcoin up roughly 4%. At the time of writing, Bitcoin is trading at $106,330.

Kenorland Minerals (TSXV: KLD) announced on Wednesday that it has optioned three early-stage gold projects located in Northwestern Ontario to Centerra Gold (TSX: CG) (NYSE: CGAU) with a view of developing the assets under a joint venture. Under their agreement, Centerra, through its subsidiary Thompson Creek Metals Company, will have the option to acquire up to 70% of the Flora, Western Wabigoon and Algoman projects. The properties, covering a combined area of 2,300 sq. km, are all greenfield assets that have seen limited exploration to date. Shares of Kenorland rose 8.2% at market close Wednesday following the option agreement with Centerra, giving it a market capitalization of C$154.3 million. Centerra, a 9.9% shareholder of Kenorland, traded 0.8% higher with a market capitalization of C$2.0 billion. The option agreement is divided into two earn-in periods. First, Centerra can acquire an initial 51% interest in the projects by spending a total of C$10 million on exploration within three years, including C$3.5 million in the first year, and complete at least 10,000 metres of diamond drilling. Kenorland will act as the projects’ operator during this period. Upon completion of the first earn-in, Centerra would hold an exclusive right to earn an additional 19% interest in the projects by completing a preliminary economic assessment, based on a mineral resource of not less than 1 million oz. in gold equivalent, within seven years of acquiring the initial 51% Interest. During that time, Centerra must spend a minimum of C$100,000 annually, or provide equivalent value through cash or share payments to Kenorland. If it elects not to exercise this option, a 2% interest will revert to Kenorland, resulting in a 51% interest in the projects for Kenorland and 49% for Centerra. Once the second option or, if it is not exercised, the interest reversion, is completed, the companies will form a joint venture respective their pro-rata property interests. Successful completion would make Centerra the 70% owner of the JV, while Kenorland retains a 30% free-carried interest through to the completion of a prefeasibility study.

📊 Bitcoin segue a Liquidez Global M2 enquanto saldos nas Exchanges atingem novo recorde mínimo Indicadores sugerem fundamentos otimistas, mas apontam potencial risco de escassez de liquidez nos mercados centralizados Por Igor Pereira | Analista de Mercado – ExpertFX School De acordo com relatório recente da Matrixport e dados do Coinglass, o Bitcoin (BTC) continua altamente correlacionado à evolução da liquidez global M2, mesmo diante de incertezas macroeconômicas. A métrica M2, que compreende o dinheiro em circulação, depósitos e instrumentos de curto prazo, tem historicamente servido como termômetro pró-risco para o mercado de criptoativos – e sua recente expansão global impulsiona otimismo entre os analistas institucionais. 🔎 Análise Técnica e Fundamental: Bitcoin e M2 Desde 2020, o Bitcoin tem mostrado relação positiva com o crescimento do M2 global, impulsionado principalmente por políticas monetárias expansionistas dos principais bancos centrais (Fed, BoJ, BCE e PBoC). A retomada da injeção de liquidez em economias desenvolvidas, em meio a incertezas geopolíticas e comerciais, volta a favorecer ativos escassos e descentralizados como o BTC. Conforme destaca a Matrixport, esse padrão continua “historicamente bullish”, uma vez que os ciclos de expansão monetária tendem a alimentar a tese do Bitcoin como reserva alternativa de valor diante do risco de desvalorização fiduciária. 🏦 Dados On-chain: Saída maciça de BTC das Exchanges Segundo o Coinglass, a quantidade de Bitcoin mantida em exchanges centralizadas atingiu um novo recorde de baixa histórica. A retirada constante de BTC dos mercados spot pode ter implicações relevantes: Indicador Interpretação 📉 Baixo saldo em exchanges Redução de oferta circulante, pressão altista 🔒 Mais armazenamento em carteiras frias (cold wallets) Indica confiança de longo prazo por parte de investidores institucionais 🧮 Menor liquidez imediata Potencial aumento da volatilidade em eventos de alto volume Esse comportamento é amplamente interpretado como sinal de acúmulo, sugerindo que holders e instituições estão mais inclinados a reter o ativo em vez de buscar liquidez imediata – característica típica de mercados em consolidação antes de uma nova tendência de alta. 📈 O que esperar para o BTC? A combinação de liquidez M2 em crescimento com a queda da oferta disponível em exchanges cria um cenário tecnicamente favorável ao Bitcoin no médio prazo. No entanto, é fundamental monitorar: A resposta dos bancos centrais ao atual ambiente inflacionário e tarifário (especialmente o Fed); Eventos de liquidez crítica que podem afetar negativamente o mercado spot; Possíveis ações regulatórias sobre exchanges e custodiantes que alterem o comportamento de fluxo. 🧠 Conclusão do analista 📌 Continue acompanhando a ExpertFX School para atualizações em tempo real sobre liquidez institucional, fluxo on-chain e macroeconomia aplicada ao Bitcoin. 📥 Para receber análises exclusivas e sinais de mercado, acesse o Clube ExpertFX.

Sina—co-founder of the hedge fund 21st Capital—publicly dismantled a popular Bitcoin price model promoted by Real Vision CEO Raoul Pal, calling it a textbook case of data illiteracy and overfitting. The model in question draws a close correlation between Bitcoin and Global M2—a measure of global money supply—by shifting M2 data forward by a set number of weeks, typically 10 to 12, to supposedly “predict” Bitcoin’s future price moves. Raoul Pal has used this chart to argue that macro liquidity conditions drive crypto cycles, and that the current market behavior can be forecast using monetary expansion. Expert Torches M2-Bitcoin Correlation But Sina, a trained data scientist who teaches data analytics at the undergraduate and graduate level, says this model collapses under scrutiny. “This is a terrible failure of not understanding overfitting,” he said in a June 24 video posted to X. “What I’m seeing doesn’t even pass the first month of a first-year data analytics course.” Sina points out that the apparent correlation between Bitcoin and Global M2 only exists because the data has been “tortured” to fit historical patterns. “If I’m allowed to play with the data and arbitrarily move things around, I can definitely find great matches between pockets of data,” he said, warning that this flexibility is exactly what allows analysts to create the illusion of predictive accuracy. The primary issue, he explained, is that the Global M2 data itself is inherently flawed. It’s compiled by multiplying various central banks’ M2 figures by exchange rates—mixing fast-reporting economies like the US with countries that have data delays of weeks or even months. This creates a misleading impression of daily fluctuations in global liquidity. “It seems to be moving on a daily basis, but it’s actually mixing frequent and infrequent updates,” Sina said. “It’s not a true signal.” More importantly, Sina argues that the model fails the moment one zooms out from selective chart slices. While Raoul Pal and others have showcased examples of tightly aligned tops and bottoms between Bitcoin and Global M2, Sina demonstrated how minor tweaks in lead time or scale can yield dramatically different outcomes. “Let’s try a lead of 80 days. That doesn’t look good. What about 108? Ah, now the tops align—so let’s zoom in again and pretend it works,” he said sarcastically. “This is not modeling. This is playing.” He highlighted how each adjustment to the model—shifting from a 12-week lead to 10 weeks, to 108 days—exposes its lack of systematic foundation. “If you don’t have a proper model, you fail to predict the future,” Sina said. “This is classic overfitting. You force the data to match historical behavior, but you lose any generalizability.” To illustrate the concept, Sina compared it to fitting a curve through a noisy sine wave. A well-structured model captures the core pattern and ignores noise. An overfit model, by contrast, attempts to match every small fluctuation—resulting in poor predictive performance when new data arrives. “Overfitting looks better, but it models noise. And noise doesn’t repeat,” he said. Sina also questioned whether Bitcoin might actually lead liquidity, not follow it. “If you look at the last cycle, Bitcoin topped first. Liquidity topped 145 days later,” he said. This reverses the causality implied by the Global M2 model and calls into question its entire premise as a forward-looking tool. His conclusion was blunt: “You have to be very careful with overfitting. It looks matching, but it’s forcibly fit on historical data. You have no idea about the predictive accuracy of this thing.” At press time, Bitcoin traded at $106,952.

How to Use Drill Down Analysis in Forex: A Multi-Timeframe Look at EURUSD EURUSD Drill Down: Multi-Timeframe Trading Strategy Successful forex trading requires more than just focusing on a single chart. Whether you trade on a 15-minute or 4-hour chart, you must understand the context provided by longer-term time frames. This approach is called drill down analysis, and it’s a favorite strategy of institutional and “real money” traders. In this article, we’ll show you how to perform drill down analysis, apply it to EURUSD, and identify key levels and trends across timeframes to improve your trading decisions. What Is Drill Down Analysis in Forex? Drill down analysis means starting with a higher time frame chart (like monthly or weekly) and working your way down to shorter ones (such as 1-hour or 15-minute). The goal is to identify: Major trends Key support and resistance levels Macro and micro price patterns By doing this, you place shorter-term moves in the proper context and avoid trading against the broader trend. Step-by-Step: How to Perform Drill Down Analysis Start With the Monthly Chart Identify the major trend Look for macro price patterns (e.g., multi-month candle formations) Mark long-term support and resistance levels Move to the Weekly Chart Spot the medium-term trend Identify momentum shifts and key levels that align or diverge from the monthly chart Analyze the Daily Chart Confirm whether the daily trend aligns with the broader trend Highlight potential retracement zones or breakout points Zoom Into the 4-Hour Chart Look for continuation patterns or signals of potential reversal Mark levels that must hold to keep the broader trend intact Fine-Tune Entry With Short-Term Charts (1H, 30M, 15M, 5M) Identify precise entry points based on trend confirmation or short-term reversal signals Always ask: Is this a move with the trend or just a retracement? EURUSD Drill Down Analysis: June 2025 Outlook Let’s apply this framework to EURUSD to see what the multi-timeframe analysis reveals. EURUSD Monthly Chart Trend: Strong uptrend Pattern: Five consecutive bullish candles from the 1.0171 low Outlook: No nearby resistance or reversal signals. A monthly trend break would require a lower monthly high/low—not yet visible. EURUSD Weekly Chart Trend: Bullish continuation Key Level: 1.1065 (well below current price) Outlook: No immediate threat to the uptrend EURUSD Daily Chart Trend: Uptrend remains intact Key Support: 1.1445–1.1450 Any meaningful dip above this level is likely a retracement, not a reversal. EURUSD 4-Hour Chart Trend: Bullish Support: 1.1580-90: Minor stops could be triggered here, but major support lies at 1.1445–1.1450. A break below that would alter the broader picture. EURUSD 1-Hour Chart Trend: Up Watch for a momentum shift– this timeframe can offer early clues on potential accelerations or corrections. EURUSD 30M, 15M, 5M Charts Use for Entry Timing Shorter timeframes offer trading opportunities in both directions. The key is to stay aligned with the larger trend or recognize temporary corrections. Scalpers and intraday traders should always reference higher timeframes before entering trades. Magic Trading Levels: A Range Perspective on EURUSD Another way to view EURUSD is by using my “Magic Levels,” which define a dynamic range: Support Zone: 1.1500 Resistance Zone: 1.1800 Midpoint/Pivot: 1.1650 This gives us two range scenarios: Above 1.1650: Targets 1.1800 as the next pivotal level Below 1.1650: Retests 1.1500 as key support These magic levels help frame short-term moves within a broader directional bias. EURUSD: Trade With the Trend, Put the Price Action in Perspective EURUSD is in a clear multi-timeframe uptrend with no significant signs of reversal as of June 2025. Any dip toward 1.1580-90 or even 1.1450 should be viewed as a buying opportunity, not a trend change unless key support levels are broken. Use drill down analysis to stay grounded in the big picture while taking tactical entries on shorter charts. This approach helps avoid false signals and keeps you on the side of momentum and where odds are on your side.. FREE Trial of The Amazing Trader – Charting Algo System – Click HERE

Chainlink (LINK) is up 21% from its Sunday lows, gaining momentum in an otherwise uncertain macro and geopolitical environment. While global tensions continue to spark volatility across markets, Chainlink has stood out for its resilience, supported by a series of strong partnerships and growing on-chain fundamentals. The recent price action signals a potential shift in trend, but analysts warn that a confirmed breakout is still needed before bulls can fully take over. Top analyst Henry Lord of Alts highlighted that LINK has endured months of persistent downtrend and unusually quiet price behavior. However, recent moves suggest that something is changing beneath the surface. Volume is increasing, volatility is picking up, and LINK is forming a base structure that could mark the end of its accumulation phase. Despite this strength, Chainlink remains technically locked within a consolidation range. A clean breakout above key resistance levels will be critical to trigger the next phase of upward momentum. Until then, traders are cautiously optimistic as LINK teases a larger move. Chainlink Prepares For A Decisive Move Chainlink is currently trading over 25% below its May high, reflecting the broader market impact of rising macroeconomic uncertainty and geopolitical tensions, especially the recent Middle East conflicts. Despite these pressures, LINK has managed to hold within a steady consolidation range, signaling resilience as the crypto market awaits its next decisive move. Maintaining prices above current levels is crucial. A breakdown here could open the door for deeper corrections. However, analyst Henry believes the tides may be turning. According to Henry, Chainlink has endured months of downtrend and silence, but a structural shift is now underway. His analysis highlights that the long-standing downtrend has been broken, and LINK has entered a clear accumulation and consolidation phase. “These zones often come before the loudest moves,” Henry notes. Historically, such phases have preceded explosive rallies, and this time may be no different. If momentum picks up, a breakout toward the $25–$30 range wouldn’t be surprising. Henry also points out that periods of inactivity often mask the actions of smart money—buying quietly before the broader market catches on. While it’s easy to overlook assets during calm phases, that’s often when the groundwork for major moves is laid. For now, Chainlink remains on watch. LINK Price Analysis: Signs of Reversal Emerge Chainlink is showing early signs of a trend reversal after months of consistent decline. As seen in the 12-hour chart, LINK recently rebounded from the $11.50 level and is now trading above $13.20. This recovery follows a steep drop that marked a new local low, but the bounce has pushed the price above the 50-day simple moving average (SMA), now acting as short-term support at $13.50. Importantly, LINK is now testing the 100-day SMA (around $14.65), which previously served as resistance in late May and early June. If bulls manage to break and consolidate above this level, the next target lies near the 200-day SMA at $14.16—a confluence zone that may act as a critical decision point for trend continuation or rejection. While the macro structure remains bearish, this short-term accumulation range suggests growing demand, especially as the price begins to form higher lows. A clear break above $14.65 with volume could confirm the breakout and signal the start of a larger move toward the $17–$18 range. Featured image from Dall-E, chart from TradingView