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Dogecoin is once again at a technical crossroads, flashing a rare confluence of bullish indicators—but one wrong move could unravel the setup entirely. In his June 24 video analysis, crypto strategist Kevin (@Kev_Capital_TA) outlined why Dogecoin’s recent bounce from the $0.14 region may mark the beginning of a new uptrend—or the last gasp before breakdown. Dogecoin Hits Critical Zone “We’re hitting a very, very key level, folks,” Kevin stressed. “That being the weekly 200 SMA, the weekly 200 EMA, and again that macro 0.382 Fib.” The confluence of these levels between $0.143 and $0.127 marks what he calls a “make-or-break zone,” and Dogecoin is currently sitting right in the middle of it. The analyst previously entered a swing long position at $0.141, highlighting the area as a strong risk-reward trade zone. “Worst comes to worst, you could throw your stop loss below that level… but the upside is great,” he said. Since then, DOGE has bounced about 6–7%, but the real test lies ahead. Kevin noted that this level has acted as structural support since the end of the 2022–2023 bear market. The macro 0.382 Fibonacci retracement, drawn from Dogecoin’s full bull run top to its bear market bottom, aligns with long-standing trendlines and a weekly demand candle. “This is your zone,” he emphasized. “Mark this off on your charts.” Yet despite the recent bounce, Dogecoin remains beneath all its major daily and 4-hour moving averages. The next critical resistance stands at $0.19. “If you can reclaim $0.19 on Dogecoin, you then break back into this range—the $0.19 to $0.26 range,” Kevin explained, calling it the key to any continuation higher. Until then, he cautions against assuming a full reversal is underway: “Let’s not get too crazy here… still a lot of work to do.” The RSI also tells a story. Kevin pointed out that Dogecoin’s weekly RSI has repeatedly bounced off the 38 level throughout the current bull cycle. The coin now hovers just above that zone once again. “Anything below 38 on this weekly RSI is going to be a breakdown of that $0.143 to $0.127 range, which would be very, very sketchy at that point,” he warned. Momentum indicators on multiple time frames are sending mixed signals. The daily chart is flashing oversold conditions, and Kevin’s custom indicator lit up with a buy signal. On the 3-day timeframe, market cipher’s momentum wave is “kind of trying to clip” upward, while money flow is beginning to tick slightly higher. “That three-day candle was very nice,” he added. “That’s the kind you want to see—strong demand candles at major support.” Still, Kevin urged caution. “If that doesn’t work out and we start to head lower, the daily time frame doesn’t produce the buy signal, doesn’t produce much upside, we start to roll over—then you know your Dogecoin support.” DOGE/BTC Remains The Focus On the DOGE/BTC pair, Kevin noted that Dogecoin has returned to an “orange zone” he previously highlighted as critical support. The strength of that zone may determine whether DOGE can hold relative strength against Bitcoin—or continue to bleed lower as BTC dominance increases. “Doge will follow Bitcoin at the end of the day,” he reiterated. “Anyone not doing their Dogecoin analysis in tandem with Bitcoin and USDT dominance—be suspect of that analysis.” Kevin concluded with a warning rooted in experience. “I’ve been in this game a long time. The first move out of these patterns… sometimes it’s the wrong move. It traps people.” While a reversal may be underway, confirmation is everything—and the climb above $0.19 remains the gatekeeper. For now, Dogecoin teeters on the edge. The signals are there—but so is the risk. At press time, DOGE traded at $0.166.

Bitcoin has made a quick recovery from the weekend sell-off. This kind of BTC USD price stability in the midst of global instability speaks volumes about current demand. The biggest crypto asset is being bought up and stashed as institutions, governments, banks and companies have joined the competitive market. Retail buyers don’t wait around are scrambling to get a piece of the pie. The Bitcoin balance on exchanges has dropped by 800,000 between June 2024 and today. The estimated amount of BTC mined for the past year is around 177,000. Stockmoney Lizards’ observation that people are still not massively in profit means that selling pressure should still be rather low, compared to what it should be at the end of the bullrun. Great fundamentals! Now it’s time to move on to technical analysis. Is Bitcoin Rush Displayed On the Charts? (BTCUSD) Bitcoin is still in an uptrend in the weekly timeframe. Above all, moving averages are making higher highs and lower lows. A key level that needs to be broken is at $110,000, which for now proves to be resistance. One possible scenario investors would not like is the so-called double top. The FVG gap here is still not filled, though we are witnessing a strong bounce from support at $100,000. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now BTC USD Forms a Bull Flag on The Daily Chart? (BTCUSD) Next in line is the Daily timeframe. Here we see two FVG gaps. The upper one has been visited multiple times, but FVG1 is still filled. Will it happen? We will see later, so keeping it as a plausible scenario is good. However, it being below the moving averages, which is the price reclaimed in April, makes it unlikely. Another pattern I see here is a bull flag, which I indicated with orange lines. In uptrends, these formations are usually bullish accumulations and break to the upside. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 (BTCUSD) Let’s finish today’s analysis with the 4H chart. The two main parts of this chart we pay attention to are the second break above MA200, which led to a quick leg up. Now, we might see this repeated. The second bit is that price has moved above the previous high (test of MA200 before the drop to $98,000). I expect $108,000 to be tested again soon, and I’ll be watching how traders respond. DISCOVER: Top 20 Crypto to Buy in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Bitcoin Rush Of 21st Century: People Scrambling For Leftovers FVG 2 demand should be low now Weekly FVG might not be tested, though we keep it as plausible Price is forming a bull flag. MA200 on 4H reclaimed The post Bitcoin Price Rush – Biggest This Century? Traders Scramble For Last Minute BTC USD Positions appeared first on 99Bitcoins.

The cryptocurrency market is currently experiencing heightened volatility, particularly with Bitcoin (BTC) fluctuating dramatically. Recently, the price dipped below $99,000 before rebounding to over $106,000 within a span of just 24 hours. Bullish Bitcoin Setup Amid Geopolitical Tensions In a recent post on social media platform X (formerly Twitter), analyst Cyclop suggested that despite the current market conditions, BTC exhibits a bullish setup reminiscent of the patterns seen in March 2020. The analyst noted that Bitcoin appears to be mirroring its past movements, with a brief dip followed by a rally for both BTC and altcoins. Cyclop drew parallels between the ongoing geopolitical tensions involving Israel, Iran, and the US and the market dynamics observed during the COVID-19 crash. While acknowledging that geopolitical strife and global market panic are distinct issues, he pointed out that both scenarios resulted in sharp but temporary sell-offs followed by swift recoveries. According to Cyclop, the current market setup displays similar characteristics: widespread fear, a risk-off sentiment among investors, and global uncertainty. He emphasized the importance of understanding the timing of resolution to these tensions, suggesting that for a robust rally, several bullish catalysts are necessary to alleviate market uncertainty. He identified three key factors: potential interest rate cuts, a ceasefire between Iran and Israel, and Bitcoin holding crucial support levels. $120,000 By Year-End? Recently, a ceasefire was declared following 12 days of intense conflict between Iran and Israel. In a notable public statement, President Donald Trump criticized both nations, suggesting that their actions were misguided. This period of relative calm is seen as a positive indicator for the market. Cyclop highlighted that maintaining the $100,000 level for Bitcoin was crucial, and the cryptocurrency has successfully broken through the $106,000 barrier, signaling further growth. Furthermore, Ethereum (ETH) has also shown signs of a quick recovery alongside Bitcoin with its price nearing the key $2,500 level. Cyclop advised investors not to attempt to time the market perfectly, as reversals can often feel unsettling and uncertain. Looking ahead, Cyclop anticipates a consolidation phase for Bitcoin within the $102,000 to $106,000 range, with expectations of a breakout that could push BTC to an all-time high of around $120,000 by November or December of this year. As of this writing, Bitcoin is trading at $106,500 per coin. Despite ongoing economic uncertainties, the market’s leading cryptocurrency has seen a 75% increase year-to-date. However, Bitcoin is still trading nearly 5% below its record high of $111,800, which was reached on May 23. The most important resistance level is $110,200, which has prevented a new price discovery phase for Bitcoin on two occasions. Featured image from DALL-E, chart from TradingView.com

The battle between SEI crypto and Sui has fueled endless back-and-forth, but hard data’s starting to tilt the scale. In this article, we’ll give you a SEI crypto price prediction and why it’s looking like a bigger play. With an 80% rise over the last week, SEI’s just getting started, SeiPriceMarket CapSEI$1.68B24h7d30d1yAll time SEI Crypto Price Prediction: SUI Vs. SEI Metrics Here’s how SEI stacks up against SUI, broken down by the key metrics that actually matter. Credit to Invest Answers for the deep-dive data behind this comparison. Starting with decentralization, Sui’s got the edge, scoring 19 on the Nakamoto coefficient to SEI’s 7, backed by a slightly stronger tech stack. SEI answers this with specialization. Its focus on fast, high-volume DEX activity has earned it the nickname “The DEX Chain,” and in that vertical, it’s outpacing most. SEI is positioned better regarding circulating supply, with 56% already in circulation compared to Sui’s 34%. This difference reduces future selling pressure on SEI. So in closing, even after its recent run, SEI still has upside. Matching SUI’s $9B valuation would mean a 6x from here. SUI’s not out of the game either as it could double or triple if it reclaims old highs. Bottom line is that both these coins have room, but SEI’s playing catch-up with more ground to cover. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The battle between SEI crypto and Sui has fueled endless back-and-forth, but hard data’s starting to tilt the scale. With an 80% rise over the last week, SEI’s just getting started, The post New Token Launches Fuel SEI Price on 70% Rally: SEI Crypto Price Prediction For July? appeared first on 99Bitcoins.

Are we going into a recession 2025? How is anyone supposed to eat in this economy? By all metrics, the U.S. economy is doing well: Inflation is down (but sticky), Bitcoin is up, war over, and economists are shifting gears from a “soft landing” to “no landing” at all. As much as economic life may “seem to be improving,” sardonic tweets like this one are going viral: Fitch Ratings, too, admits things aren’t falling apart with 1.6% growth and the deficit inching down to 7.1% of GDP. It’s all ugly, but functional. If this were any other country, the rating would be B-minus and falling. But it’s not. It’s the U.S., and you can’t get evicted if you’re the landlord. Are We Going Into a Recession 2025? Losers Are People Living Paycheck To Paycheck 40% of Americans are now in a debt cycle that only ends in default. Even incomes over $150k are maxing out their cards to keep up with inflation. This is the Great Depression 2.0 incoming. Here are some not-so-tasty stats: 35% of Americans using a credit card believe they will max out at least one of their cards before the end of the year. A further 38% say they use credit cards to pay for expenses they previously didn’t use them for. Nearly two-thirds (62%) of already employed Americans said they are either considering a side gig in the next six months. 31% of Americans said if the freeze lifted on student loan payments (which it did, unfortunately), they’d have to cut down on their spending in the second half of the year. In closing, while assets are up the overall economy is a house of cards. People are one pinprick away from devastation, and it’s probably why we’ll see the money printers turned back on soon. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Are we going into a recession 2025? How is anyone supposed to eat in this economy? All eyes are on Powell next month. As inflation lingers and labor metrics soften. The post The New Great Recession: Winners and Losers Post-Iran War appeared first on 99Bitcoins.

After the Bitcoin price breakdown below $100,000 over the weekend, multiple new narratives have emerged for where the digital asset may be headed. Calls for the next Bitcoin bear market continue to ring loud as analysts predict lower prices. One crypto analyst, known on X as Astronomer, has taken to the platform to give investors a possible roadmap of where the cryptocurrency is headed next and where to start buying for maximum gains. Next Course Of Action After Crash Following the Bitcoin price crash, Astronomer pointed out that the price had fallen below the expected close. However, it seems that the decline was not completely over, as there could be another final drop. This could come after the market reversal that has taken hold over the last few days, presenting another buy opportunity. From here, the crypto analyst explains that there could be a reversal toward the $95,000 level, and also a possibility of a bounce toward $110,000. As a result of this, the next area of action that investors could start buying from is placed at the $97,000 level, but the price could go lower. Astronomer explains that weekend lows are usually taken out, and with this weekend low still above $97,000, the price could revisit this territory. Nevertheless, the analyst explains that those who have been sidelined throughout the rally, or those who want to begin getting into the market, the Bitcoin price at around $97,000 is a good place to start. In addition to the current market factors, the analyst also points to sentiment and geopolitics as supporting the analysis. “It’s a shame we have to take advantage of blood being shed, from what’s happening in the world, but also from the bears soon at the end of this dip,” the analyst said. Where Is The Bitcoin Price Headed? With the announcement from US President Donald Trump that Israel and Iran have agreed to a ceasefire, the market has already seen a recovery, with the Bitcoin price rallying to $106,000 initially. This has already triggered a turn in the sentiment from Fear back to Greed as investors begin piling in again. In a subsequent post, Astronomer explains that missing out on the buy below $97,000 is no cause for alarm. But cautions against buying now due to fear. The analyst explains that such a move is not advisable as it could lead to losses, as buying during high euphoric times is not advisable. Given this, it is likely better to wait for a correction before going into the market. “Buying higher now during high euphoric times (especially locally), is a worse idea,” Astronomer warned. “Create good habits, create a solid plan, and stick to both.”

Solana started a fresh increase from the $125 zone. SOL price is now consolidating gains and aims for more gains above the $150 level. SOL price started a fresh increase above the $132 zone against the US Dollar. The price is now trading above $142 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $142 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $150 resistance zone. Solana Price Aims For More Gains Solana price remained supported above $125 and started a fresh increase, like Bitcoin and Ethereum. SOL gained pace and traded above the $132 resistance level. The bulls pushed the price above the $142 and $145 levels. They are now facing hurdles near $148 and $150. A high was formed at $147 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $126 swing low to the $147 swing high. Solana is now trading above $142 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $142 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $148 level. The next major resistance is near the $150 level. The main resistance could be $155. A successful close above the $155 resistance zone could set the pace for another steady increase. The next key resistance is $160. Any more gains might send the price toward the $165 level. Another Decline in SOL? If SOL fails to rise above the $150 resistance, it could start another decline. Initial support on the downside is near the $142 zone. The first major support is near the $136 level or the 50% Fib retracement level of the upward move from the $126 swing low to the $147 swing high. A break below the $136 level might send the price toward the $130 zone. If there is a close below the $130 support, the price could decline toward the $125 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $142 and $136. Major Resistance Levels – $148 and $150.

Geopolitical risk premium continued to unwind across global financial markets on Tuesday, as risk-on sentiment gained traction following signs that Israel and Iran are now respecting a ceasefire deal brokered late Monday by US President Trump, despite earlier breaches from both sides. The de-escalation of the 12-day Israel-Iran conflict also drove a sharp bearish reversal in oil prices. WTI crude extended its losses from Monday, 14 June, registering a two-day decline of -15.3% to trade at US$66.05/barrel—effectively erasing the geopolitical premium and returning to pre-conflict levels. close Fig 2: Gold (XAU/USD) minor trend as of 25 June 2025 (Source: TradingView) Fig 2: Gold (XAU/USD) minor trend as of 25 June 2025 (Source: TradingView) The minor corrective decline of -4.5% seen in Gold (XAU/USD) from its 16 June 2025 high to Tuesday, 24 June 2025 low has stalled and reversed upwards from the 50-day moving average. In addition, the hourly RSI momentum indicator has rebounded back above the 50 level after hitting its oversold region on Tuesday, which suggests a revival of bullish momentum at least in the short term. Watch the US$3,300 key short-term pivotal support, and a clearance above the US$3,346 near-term resistance (also close to the 20-day moving average) sees the next intermediate resistances coming in at US$3,400 and US$3,450 (see Fig 2). However, failure to hold at US$3,300 invalidates the recovery scenario to extend the corrective decline sequence towards the next intermediate support at US$3,270/3,250 (also the medium-term ascending trendline from 31 December 2024 low). 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 Tron (TRX) observed a large profit-taking spike earlier in the month. Which type of holder was responsible for the move? Tron SOPR Saw A Huge Spike Earlier In The Month In a CryptoQuant Quicktake post, analyst Maartunn has talked about the recent trend in the Spent Output Profit Ratio (SOPR) of Tron. The SOPR refers to an on-chain indicator that tells us about whether the TRX investors are moving or selling their coins at a profit or loss. The indicator works by going through the transfer history of each coin being moved to see what price it was last transacted at. Coins that have this cost basis above the current spot price are contributing to loss realization, while those with the opposite setup to profit realization. The SOPR takes the ratio between the spent value and cost basis, and sums it up for all coins being sold on the blockchain to find a net situation for the market as a whole. When the value of the indicator is greater than 1, it means the investors are, on average, realizing a profit through their transactions. On the other hand, the metric being under this threshold suggests the dominance of loss realization in the market. Now, here is the chart shared by the quant that shows the trend in the Tron SOPR over the past year: As displayed in the above graph, the Tron SOPR saw a huge spike above the 1 mark earlier in the month, implying investors took part in a significant amount of profit-taking. From the chart, it’s also visible that there were other profit realization spikes during the past year, but the current one stands out for its scale. The latest peak in the metric saw its value go to 4.74, corresponding to a profit margin of 374%. “With TRX priced at $0.268 at the time, the average acquisition price for those coins would have been around $0.0566,” explains Maartunn. Interestingly, Tron hasn’t seen extended periods around this price mark since late 2022, meaning that the tokens would have been held for a good while before being finally transacted this month. Usually, when dormant hands break their silence, it’s likely to be for selling-related purposes. That said, it’s not the only reason they may do so. “The activity could be tied to early investors realizing gains, internal transfers, or reallocation decisions,” notes the analyst. In some other news, the USDT supply on the Tron network has reached a new milestone, as institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has pointed out in an X post. There is now over $80 billion in USDT supply circulating on Tron, the second-most out of any cryptocurrency network. TRX Price At the time of writing, Tron is trading around $0.273, up 0.5% over the last 24 hours.

XRP price started a fresh increase from the $2.050 zone. The price is back above $2.10 and might struggle to continue higher above the $2.20 zone. XRP price started a fresh increase above the $2.120 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 $2.080 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 $2.20 resistance zone. XRP Price Faces Hurdles XRP price remained supported above the $2.00 zone and started a fresh increase, like Bitcoin and Ethereum. The price recovered above the $2.020 and $2.080 resistance levels. The pair even cleared the $2.150 resistance and spiked above the $2.20 barrier. However, the bears were active above the $2.20 zone. A high was formed at $2.215 and the price is now correcting some gains. There was a move below the $2.00 level, but the price is still above the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.2150 high. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2.080 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.220 level. The next resistance is $2.250. A clear move above the $2.250 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance or even $2.420 in the near term. The next major hurdle for the bulls might be $2.50. Another Drop? If XRP fails to clear the $2.20 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 $2.080 level. If there is a downside break and a close below the $2.080 level, the price might continue to decline toward the $2.020 support or the 61.8% Fib retracement level of the upward move from the $1.910 swing low to the $2.2150 high. The next major support sits near the $1.950 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing 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 $2.080. Major Resistance Levels – $2.20 and $2.250.

Injective (INJ) is leading the crypto market with a 26% recovery from the recent lows, suggesting a “strong” rally could be around the corner. Some analysts forecast further upside for the token if it reclaims a key price area. Injective Sees Strong Daily Move On Tuesday, Injective saw a massive recovery from its recent drop to the $9 mark, and it’s attempting to reclaim a crucial resistance level. The cryptocurrency has been in a downtrend this month, driven by the increasing global geopolitical tensions. Since hitting its December high of $35.26, INJ has retraced over 65%, dropping below the $10 support multiple times during the 2025 retraces. However, the April-May rally saw the cryptocurrency break out of its multi-month downtrend and climb to its $10-$15 local price range. Following Monday night’s news of a potential ceasefire between Israel and Iran, Injective, alongside the rest of the market, reclaimed some of its recently lost levels, surging to the $11 area on Tuesday morning and nearing a crucial resistance. Notably, INJ recorded a 26% rally intraday to hit the $12.02 mark, becoming one of the leading tokens during the crypto market’s rebound. Analyst Crypto Rand noted that the cryptocurrency is now pushing over the June downtrend resistance following its price recovery, suggesting an explosive surge. According to the post, a breakout above the $12 resistance range would “trigger the bull reversal,” which could propel Injective’s price toward the local range high resistance around the $15 mark. Meanwhile, Crypto Busy highlighted that the cryptocurrency “just delivered one of the strongest moves in today’s altcoin rally” in “just a few candles” after bouncing from the $9 support zone. The analyst added that INJ continues to be “one of the most responsive altcoins when Bitcoin bounces,” forecasting potentially more bullish price action driven by the Injective Summit 2025, scheduled for June 26. INJ Ready For Massive Rally? Market watcher Clinton highlighted that INJ just completed its retest of its multi-month descending broadening wedge. According to the post, Injective bounced from the pattern’s resistance level, confirming the May breakout in the daily timeframe. This could set the cryptocurrency’s price for a 100%-150% “massive bullish rally” toward the $23-$30 levels if price holds the $11.5-$11.6 support zone, which served as a key area over the past two months. Additionally, analyst Sjuul from AltCryptoGems affirmed that Injective is forming a “very clear” Power of Three (Po3) setup since the May Breakout. In this pattern, a cryptocurrency’s price cycle is divided into three phases: accumulation, manipulation, and distribution. The first phase sees a token’s price consolidate near the recent high after a strong performance. This is followed by the price falling below the accumulation phase support level, trading within a range below the recently lost zone. Lastly, a strong price breakout occurs in the third phase, with momentum building as participants enter the market. Based on this, Injective has entered the distribution phase, which is expected to lead to a “nice expansion” toward the $16 local resistance, “as long as we don’t find acceptance back below support.” As of this writing, Injective is trading at $11.64, a 3% increase in the daily timeframe.

Ethereum price started a fresh increase above the $2,220 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 $2,220 level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above the $2,500 resistance zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the $2,200 support level, like Bitcoin. ETH price was able to clear the $2,220 and $2,250 resistance levels to move into a positive zone. The bulls even pushed the price above the 61.8% Fib retracement level of the downward wave from the $2,568 swing high to the $2,115 low. However, they are now facing hurdles near the $2,480 and $2,500 levels. Ethereum price is now trading above $2,320 and the 100-hourly Simple Moving Average. The price is now just above the 76.4% Fib retracement level of the downward wave from the $2,568 swing high to the $2,115 low. On the upside, the price could face resistance near the $2,500 level. The next key resistance is near the $2,550 level. The first major resistance is near the $2,565 level. A clear move above the $2,565 resistance might send the price toward the $2,650 resistance. An upside break above the $2,650 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 Decline In ETH? If Ethereum fails to clear the $2,500 resistance, it could start a fresh decline. Initial support on the downside is near the $2,390 level and the trend line. The first major support sits near the $2,350 zone. A clear move below the $2,350 support might push the price toward the $2,320 support. Any more losses might send the price toward the $2,250 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 – $2,350 Major Resistance Level – $2,500

Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling out over 4,000 BTC and 61,000 ETH in a single day. This shift comes amid easing geopolitical tensions and declining inflation, fuelling speculation about a renewed rally. Bitcoin Likely To Rally As Global Tensions Simmer According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Bitcoin is likely to resume its upward trajectory, bolstered by a series of recent macroeconomic and geopolitical developments. The analyst highlighted multiple positive signals that could propel the top digital asset closer to its all-time high (ATH). One of the key developments was an announcement by US President Donald Trump, who stated that a ceasefire agreement had been reached between Israel and Iran. This deal removes the immediate threat of Iran closing the Strait of Hormuz, a vital chokepoint for global oil supply. The ceasefire had an immediate and positive effect on global equity markets, with the S&P 500 index surpassing 6,000 for the first time since February 2025. This recovery signals growing investor confidence as geopolitical risks subside. In addition, crude oil prices dropped by 14%, adding to the disinflationary narrative. Lower energy costs help reduce production and transportation expenses, thereby supporting a broader decline in inflationary pressures. Taha concluded: The convergence of significant crypto outflows from Binance, falling oil prices, a bullish breakout in US equities, and the reduction of Middle Eastern tensions presents a striking scenario. With the geopolitical overhang removed, inflation easing, and macro markets stabilizing, Bitcoin is now well-positioned to resume its upward trajectory. Meanwhile, Bitcoin whales – wallets holding large amounts of BTC – appear to be quietly accumulating in anticipation of a breakout. In another CryptoQuant post, contributor Mignolet noted that whale accumulation has been rising steadily since BTC bottomed in April. Mignolet pointed out that whale activity typically increases during periods of low market attention or heightened fear, often foreshadowing bullish reversals. Historical data supports this trend, showing that increased accumulation often precedes significant price surges. Bullish Quarter For BTC In an X post published today, seasoned crypto analyst Titan of Crypto stated that BTC is set to close a bullish monthly candle, reinforcing the long-term uptrend for the flagship cryptocurrency. Several other on-chain and technical indicators also suggest further upside potential. For example, Bitcoin Binary CDD shows that long-term holders are continuing to hold rather than sell, indicating strong conviction in BTC’s long-term value. At the same time, the number of short positions is climbing as BTC consolidates between $100,000 and $110,000. This dynamic raises the probability of a short squeeze, potentially propelling Bitcoin to a new ATH. At press time, BTC trades at $105,408, up 5.2% in the past 24 hours.

Bitcoin price started a fresh increase above the $103,250 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a fresh increase above the $105,000 zone. The price is trading above $103,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $106,000 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 $104,200 zone. Bitcoin Price Eyes More Gains Bitcoin price started a fresh increase above the $102,500 zone. BTC gained pace and was able to climb above the $103,200 and $103,500 levels to enter a positive zone. The bulls pushed the price above the 76.4% Fib retracement level of the downward move from the $106,470 swing high to the $98,276 low. It opened the doors for a push above the $106,000 resistance and the price tested the $106,500 zone. Bitcoin is now trading above $105,000 and the 100 hourly Simple moving average. There is also a bullish trend line forming with support at $106,000 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $106,500 level. The first key resistance is near the $107,200 level. The next key resistance could be $108,500 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 $108,500 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 $106,500 resistance zone, it could start another decline. Immediate support is near the $106,000 level. The first major support is near the $105,500 level. The next support is now near the $104,200 zone. Any more losses might send the price toward the $103,500 support in the near term. The main support sits at $102,000, below which BTC might struggle to find bids. 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 – $106,000, followed by $105,500. Major Resistance Levels – $106,500 and $108,500.

Following a weekend dip, Bitcoin has reclaimed the $100,000 price mark, signaling renewed short-term strength amid geopolitical tensions. As of the time of writing, BTC is trading at $105,323, up by 4% in the last 24 hours. The price recovery arrives in broader investor sentiment shifts, both in on-chain behavior and exchange activity. A recent analysis from CryptoQuant’s analyst Darkfost sheds light on a multi-year transition among Bitcoin holders. The analyst observes that fewer Bitcoin addresses are depositing coins onto exchanges, a trend that has persisted since the end of the 2021 market cycle. This declining activity may not necessarily suggest fading interest in BTC, but rather a transformation in how investors interact with the asset, potentially hinting at longer-term strategies becoming the norm. Decline in Exchange Deposits Suggests Structural Market Shift According to Darkfost, between 2015 and 2021, the number of Bitcoin addresses depositing funds to exchanges steadily increased, peaking at an annual average of around 180,000. However, this upward trend has reversed sharply in the years since. The 10-year moving average now hovers around 90,000, while the 30-day average has fallen to 48,000. Most recently, the daily figure dropped to just 37,000. Darkfost mentioned: This reflects a significant behavioral change among BTC investors, which can likely be attributed to several key factors : – One major factor is the arrival of ETFs, which allow exposure to Bitcoin’s price performance without the complexity or risk of directly managing the asset. Additionally, the current market cycle has seen relatively low retail participation, which historically contributed to exchange deposits. More notably, an increasing number of investors, ranging from individuals to institutions, are treating Bitcoin as a long-term store of value or treasury reserve asset rather than a short-term speculative vehicle. The CryptoQuant analyst added: These shifts, which have emerged gradually over time, are precisely what drive Bitcoin’s evolving identity in financial markets. It may well be this transformation that ultimately solidifies BTC’s role as a store of value. Bitcoin Whale Accumulation Patterns Emerge Amid Lower Volume In a separate analysis, another CryptoQuant analyst, Mignolet, focused on activity by large holders on the Bybit exchange. He highlighted that as general market interest and trading volume diminish, the trading patterns of whales become more visible. Mignolet noted that previous periods of reduced sentiment and low volume often saw significant whale accumulation, which historically preceded upward price movements. This pattern, according to Mignolet, appears to be repeating. Since Bitcoin’s local bottom in April, consistent accumulation by large entities has been observed on Bybit. He suggested this could be a signal of underlying market confidence, particularly when retail activity is minimal. While not a guaranteed forecast, historical parallels imply that such behavior may again precede broader price strength, lending weight to ongoing consolidation as a potential setup for future momentum. Featured image created with DALL-E, Chart from TradingView

Spot Ethereum ETFs in the U.S. have officially crossed the $4 billion mark in net inflows, and what’s surprising is how quickly that last billion arrived. After taking 216 trading days to reach $3 billion, it took just 15 more sessions to add the next billion. That sudden acceleration signals something has changed in how investors are approaching Ethereum. With Ethereum ETF inflows gaining speed, asset managers are starting to take notice. Source: @coinphoton on X.com The funds launched in July 2024, so they’ve been live for just under a year. Until recently, inflows were steady but modest. Then, sometime in late May, capital started coming in faster. The recent surge accounted for a full quarter of all net inflows, packed into just a small slice of the total trading days. Who’s Pulling in the Cash BlackRock is still leading the charge. Its iShares Ethereum Trust has pulled in over $5.3 billion in gross terms. Fidelity’s fund has done well too, attracting around $1.6 billion. Meanwhile, Grayscale’s older ETHE trust has seen outflows of more than $4.2 billion. That’s not a coincidence. Grayscale’s product charges a 2.5 percent fee, which is significantly higher than the 0.25 percent fees charged by both BlackRock and Fidelity. With that kind of gap, it’s not hard to see why investors are moving their money. Costs matter more than ever now that Ethereum ETFs are becoming a long-term play rather than just a bet on price swings. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Why the Timing Makes Sense Part of the recent momentum comes down to a few key developments. Ethereum’s price has started to recover concerning Bitcoin, which tends to draw attention. Also, new IRS guidance helped clarify how staking rewards are treated inside these ETF structures. That removed a lot of uncertainty that had been keeping wealth managers on the sidelines. EthereumPriceMarket CapETH$294.83B24h7d30d1yAll time Another piece of the puzzle is that asset managers are rebalancing portfolios. That sounds technical, but it often means big institutions are adjusting their exposure and taking crypto more seriously as a slice of broader investment strategies. Instead of waiting to see what happens, some are starting to treat Ethereum as a real asset class worth including. DISCOVER: 20+ Next Crypto to Explode in 2025 Retail Is Leading for Now Most of the flows so far appear to be coming from retail investors and smaller wealth advisory firms. As of March 31, institutional holdings made up less than one third of the total ETF balances. That leaves room for much more growth, especially once the next batch of quarterly disclosures comes out in mid-July. If we start to see more large firms entering the picture, the pace of inflows could shift again. Bigger Picture Is Taking Shape Ethereum ETFs are not the only ones seeing action. Spot Bitcoin ETFs also posted strong inflows around the same time, suggesting that investor interest in digital assets is broadening. And now that both asset classes are available in regulated, low-fee formats, some investors may be comfortable going beyond Bitcoin and building out more diversified crypto exposure. The question now is whether this interest in Ethereum can keep building. With fees dropping, guidance clearing up, and performance bouncing back, the pieces are falling into place. If larger institutions follow retail into these ETFs, $4 billion might not be the ceiling for long. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Ethereum ETFs in the U.S. crossed $4 billion in net inflows, with the final billion added in just 15 trading days, showing a sharp uptick in investor demand. BlackRock and Fidelity are leading the pack with lower fees, while Grayscale’s ETHE continues to see major outflows due to higher costs. New IRS guidance on staking rewards and a recovering Ethereum price are helping drive fresh inflows, particularly from wealth managers. Retail investors are still dominating flows, but there’s growing potential for institutional adoption in the coming quarters. With both Ethereum and Bitcoin ETFs gaining traction, crypto is becoming a bigger part of diversified investment portfolios. The post Ethereum ETFs Rocket Past $4 Billion After Sudden Growth appeared first on 99Bitcoins.

A Senate subcommittee hearing aimed at shaping the future of U.S. crypto regulation got off to a slow start on June 24, quite literally. Only five senators showed up. The hearing, which was meant to cover digital asset market structure and regulatory clarity, drew more attention for who wasn’t in the room than for what was actually discussed. The House vs Senate crypto bill divide became more obvious this week as the House pushed forward while a Senate hearing on crypto market structure drew just five senators. Senators Cynthia Lummis, Bill Hagerty, Dave McCormick, Bernie Moreno, and Angela Alsobrooks were the only ones present out of eleven committee members. That didn’t go unnoticed. Lummis opened by acknowledging the empty chairs and raised a fair point. If lawmakers are serious about building a legal framework for crypto, why aren’t more of them making the time? Industry Experts Weigh In, But Who’s Listening? Despite the low attendance, the panel of witnesses brought plenty of substance. Sarah Hammer from Wharton shared insights on financial stability and systemic risk. Greg Xethalis of Multicoin Capital spoke from the investment side. Ryan VanGrack from Coinbase laid out the company’s view on regulatory gaps, and former CFTC Chair Rostin Behnam warned of the risks tied to unclear rules and overlapping jurisdictions. https://twitter.com/EdGeraldX/status/1937636539313357066 There was no shortage of perspective. Behnam stressed the need for clarity on which agencies oversee what. Hammer pushed for stronger investor protections. Coinbase focused on how regulatory fragmentation is creating uncertainty for both firms and users. Each had different priorities, but they all agreed on one thing: crypto needs a clear rulebook. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in June2025 Timing and Optics Matter The poor turnout felt even more awkward given the timing. Just days earlier, the Senate had passed stablecoin legislation with broad bipartisan support. That move showed that lawmakers can come together on digital asset issues when there is political will. But this hearing felt different. The lack of attendance gave the impression that crypto regulation, at least on the market structure front, is not being treated with the same urgency. BitcoinPriceMarket CapBTC$2.11T24h7d30d1yAll time Lummis hinted that scheduling conflicts may have played a role, but she also floated another possibility. Some lawmakers, she suggested, may be hesitant to engage because of personal or political ties to parts of the crypto industry. That kind of hesitation could slow progress even as the House moves forward with its own legislation. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Pressure Builds as House Advances Its Own Bill While the Senate is still debating how to approach crypto, the House has already made progress. The Digital Asset Market Structure bill is working its way toward a vote, and that means the Senate will eventually have to respond. The longer they wait, the more likely it becomes that the final legislation will be shaped by the House, not through a joint effort. In the ongoing House vs Senate debate, the House is moving forward while the Senate seems stuck. Source: Shutterstock Senators who did attend the hearing focused on the need to clearly define what counts as a digital commodity versus a digital security. They also raised concerns about giving too much power to any single regulator and made it clear they want to balance oversight with room for innovation. Outlook for Crypto Legislation Still Uncertain No decisions were made during the hearing, and the turnout didn’t inspire confidence that anything will happen quickly. Still, the groundwork is being laid. Lawmakers are starting to agree on some of the key issues, and the pressure to catch up to the House is growing. The next few months will be telling. If the Senate can align on a bill that mirrors the House’s momentum, the crypto industry could finally see the beginnings of a unified market framework. If not, the status quo of confusion and regulatory patchwork will likely continue. The House vs Senate crypto bill situation is a test of whether Congress can coordinate on emerging technology policy or continue with fragmented oversight. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Only five senators attended the crypto market structure hearing, raising concerns about political will and engagement. Witnesses from Coinbase, Multicoin Capital, and Wharton called for clearer regulatory roles and investor protections. The Senate hearing followed recent progress on stablecoin legislation but lacked similar urgency or support. Lawmakers who did attend stressed the need to define digital commodities vs. securities and avoid overcentralization. With the House advancing its own bill, the Senate risks falling behind unless it unites on crypto regulation soon. The post Senate Hearing on Crypto Market Structure Gets Low Turnout, Raises Questions appeared first on 99Bitcoins.

Ethereum’s price roller-coaster has drawn a dramatic wager from big players. While many smaller traders are bracing for more losses, a handful of massive accounts have broken the surface and put millions in a massive show of force. Ethereum Whale Bets Surface According to on-chain data, one whale opened a long position worth $101 million at an entry price of $2,247, using 25x leverage. That bet paid off with roughly $950,000 in profit, but it also cost $2.5 million in fees. These numbers show just how high the stakes have become. High Fees Cut Into Gains Based on reports from On-Chain Lens, another whale moved over $40 million in Ether from Binance before opening its own leveraged trade. Combine the two wallets and you’ve got about $112 million riding on an ETH bounce. Yet those $2.5 million in fees highlight the hidden cost of big bets. Middle East Tension Hits Prices ETH slipped to about $2,113 on Sunday, marking its lowest level in 30 days. That drop came after US military strikes on Iran’s nuclear sites. United States President Donald Trump called the operation a “spectacular success” and warned of more action if Iran didn’t back down. Traders say the fallout from those strikes rattled global markets and fed crypto volatility. Retail Traders Watch Closely Retail traders tend to sell when prices drop. But these whales have the scope to weather downswings. Their large purchases indicate that they find value at current levels. Short traders might not agree, however. They’re sitting in many short positions, expecting ETH to decline further before it will rise. What The Whales See Experts say large holders tend to have lower break-even points. They can afford to wait months or years for a payoff. Some also use complex strategies across multiple markets. That makes their moves hard to read from the outside. Still, when you see $112 million on the line, it’s a hint that smart money senses a buying window. Risks On Both Sides Leveraged trades amplify gains and losses equally. A 5% drop would trigger a forced sell-off on a 25x position. That could feed a sharp decline in ETH’s price. On the other hand, if the market turns up, those whales could pocket big returns well beyond what retail traders see. Investors will be watching every market swing. If geopolitical tensions cool and big money stays bullish, ETH could find footing above $2,200. But another shock—political or technical—might send the price tumbling again. Featured image from Imagen, chart from TradingView

The cryptocurrency market’s sharp retracement may be approaching its denouement, according to prominent trader and YouTuber CryptoInsightUK, who told his followers on 23 June that XRP is “really flipping close” to completing the final leg of a corrective structure that began in early April. Final Trap Or Final Chance For XRP? In his latest video analysis, the analyst sketched a scenario in which Bitcoin grinds lower toward the $92,000–$95,000 liquidity pocket “to sweep the last standing bids,” dragging major altcoins with it. “We’ve had the extra bit of flush down that we were talking about and looking for,” he said, noting that Bitcoin already wicked to $98,200 but has yet to produce the higher-low/higher-high sequence or the bullish RSI divergence that stamped the April capitulation bottom. “I think we’re close to a bottom. I don’t quite think we’re there.” XRP, he argues, is tracing the same pattern at a different scale. The 4-hour chart shows a conspicuous liquidity shelf at $1.89 and a deeper block stretching to $1.73. “In a world where Bitcoin does get the flush to ninety,” he observed, “could we come and take that? Yes. … Maybe $1.85, potentially on a wick.” Although he concedes a tail-risk dip toward $1.60–$1.55, that move is “not my base case.” What makes the area compelling, in CryptoInsightUK’s view, is the clustering of spot demand on each successive stab lower. He highlighted the “big red bar” of sell-side volume that marked last week’s sweep and the immediate spike in spot bids, calling it evidence of “real accumulation rather than derivative games.” Funding rates across major venues have turned modestly positive, confirming that “people are going long,” a dynamic that could yet trigger one more liquidity vacuum as over-leveraged latecomers are forced out. Springboard For $11 XRP? Technically, the trader is watching for a textbook bullish divergence: price carves a marginally lower low while the 4-hour RSI prints a higher one, mirroring the set-up that preceded April’s 140% rally. The fixed-range volume profile on Bitcoin—where the point of control sits near $97,000—offers confluence, suggesting the broader market is attempting to base on a major support shelf before rotation into altcoins. If that pattern holds, CryptoInsightUK believes XRP is positioned for a “drastic” expansionary phase that would lift the token first to the oft-cited $8 target and then, in an over-extension, to “realistically $11 to $12.” From an idealised $1.85 entry the projection implies an upside of roughly 475%. “I put my neck on the line,” he said. “Everyone’s thinking eight. I think we over-extend that a little bit.” The analyst’s conviction rests in part on his read of Bitcoin dominance, now hovering in what he calls the “reversal box.” A final push to the upper edge could spark the long-awaited altseason, he argued, with XRP—as a large-cap, high-beta play—capturing disproportionate flows once Bitcoin volatility subsides. At press time, XRP traded at $2.1781.

Weeks after its high-profile spinout from Anglo American, newly listed Valterra Platinum (JSE: VAL) is charting its independent course in the platinum group metals (PGM) sector. With a valuation of £8.5 billion ($11.5bn) and assets spanning operations in South Africa and Zimbabwe, CEO Craig Miller says the company is positioned for sustainable growth and disciplined returns despite a volatile market. In an interview with MINING.com host Devan Murugan, Miller emphasized that the demerger gave Valterra a platform to showcase the quality of its long-life, high-reserve assets and its talented team. “It’s been a real privilege to demonstrate that on the global stage,” he said. Discipline amid market turbulence Central to Valterra’s strategy is a commitment to return 40% of headline earnings to shareholders—a bold move in a depressed price environment. “We’re focused on value, not volume,” Miller said. “Our capital discipline and well-capitalized assets allow us to balance reinvestment with consistent shareholder returns.” He added that any excess cash beyond sustaining capital needs could fund additional dividends or share buybacks, depending on market conditions. Demand defies expectations Despite persistent price weakness in 2023 and 2024, Miller remains optimistic. He argued that bearish sentiment—driven by overestimated adoption of battery electric vehicles (BEVs), which contain no PGMs—has masked the true state of the market. “In 2023 and into 2024, BEVs were only about 10% of total vehicle sales. That means 90% of the market still uses internal combustion engines or hybrids, which rely on PGMs,” Miller said, adding that this slower-than-expected transition has kept demand strong while new supply remains constrained, supporting the long-term outlook. While industrial uses and automotive catalysts continue to anchor current platinum demand, Miller sees potential upside in green hydrogen and fuel cell technology. “If just 10% of future vehicle sales use fuel cell electric technology, that could translate to demand for six million ounces of platinum annually,” he said. Though still years away, he believes PGMs will play a vital role in future mobility solutions. Future plans As speculation swirls about consolidation in the PGM space, Miller was clear: Valterra is not eyeing mergers or acquisitions. “Our focus is on maximizing value from our current assets—Mokala Kwena, Amandelbult, Mototolo, and Unki—and on staying in the lower half of the cost curve.” Valterra also aims to maintain the strong sustainability standards inherited from Anglo American, including a 30% CO₂ reduction target by 2030 and a goal of net-zero emissions by 2040. The company is also prioritizing local community development in its host regions. Miller noted that investor engagement has been strong, particularly in London, where Valterra holds a secondary listing alongside its primary Johannesburg listing. While there are no immediate plans for a Toronto Stock Exchange debut, Miller said the current listings provide a solid base to attract ESG-focused and international funds. Valterra Platinum’s debut may come amid market uncertainty, but Miller is confident in the fundamentals. “We’re disciplined, well-capitalized, and built for the long term,” he said. “Our job now is to deliver.”

The Bitcoin market has been marked by notable volatility recently, with prices fluctuating significantly, dropping close to the $98,400 level before rebounding above $105,000 on Monday. Potential 12% Retrace To $92,000 Technical analyst Doctor Profit recently shared key notes on the social media platform X (formerly Twitter), indicating that a substantial Chicago Mercantile Exchange (CME) gap exists at $92,000. The analyst predicts that this level will likely be eventually reached, suggesting that closing this gap could create additional fear in the market, which often plays into the hands of market makers. Doctor Profit also highlighted in his analysis the presence of significant liquidity in that area, making it a probable target for Bitcoin in the near term. This could potentially mean a 12% retrace of BTC’s price. Doctor Profit also pointed to several technical indicators that suggest a bearish trend for Bitcoin. He highlighted the Moving average convergence/divergence (MACD) crossing on the daily chart and the breakdown of the critical $104,000 level. Additionally, the analyst mentioned the temporary loss of what he calls the “golden line,” which is currently situated around $103,000 for BTC, another key level to watch in order to accomplish further recoveries. Doctor Profit warned that caution is necessary, especially near pivotal levels like $100,000 and the CME gap at $92,000. He even posited that a worst-case scenario could see Bitcoin correcting all the way down to the $82,000–$84,000 range. Bitcoin Fate Hangs On Golden Line Doctor Profit further elaborated that the situation hinges on the golden line, which serves as a critical retest to confirm the breakdown that occurred yesterday. For Bitcoin to secure a bullish continuation, it needs to close above this level. Moreover, he identified a significant liquidity cluster around the $113,000 mark, noting that this area is rife with short liquidations. Should Bitcoin consolidate above the golden line, the uncertainty that has plagued traders could dissipate, allowing for a shift from protective strategies back to a more bullish outlook. In his analysis, Doctor Profit concluded by stating that while he initially expected Bitcoin to reach $90,000 before any new all-time highs (ATH), the resolution of current market uncertainty indicates that this may no longer be necessary. With the war between Israel and Iran, along with the volatility seemingly over, he believes Bitcoin can accelerate toward new all-time highs without the need to revisit the $90,000 mark. When writing, BTC trades at $105,560, recording a 3% price surge in the 24-hour time frame. At this level, the market’s leading cryptocurrency trails 5.3% below its record high of $111,800. Featured image from DALL-E, chart from TradingView.com

Data shows the rebound in Bitcoin and other cryptocurrencies has punished the bears, triggering a massive wave of short liquidations. Crypto Sector Has Just Witnessed A Mass Liquidation Event According to data from CoinGlass, a large amount of liquidations have piled up on the cryptocurrency derivatives market. “Liquidation” refers to the forceful shutdown that any open contract has to go through if its losses exceed the threshold defined by its platform. Below is a table that shows the numbers related to the latest liquidations in the market. As displayed, the cryptocurrency sector has seen a derivatives flush of over half a billion dollars during the past day. Out of these, 73.7% of the liquidations, equivalent to $371 million, came from the short investors alone. The short-heavy mass liquidations have come as Bitcoin and company have rebounded following the news of a ceasefire between Israel and Iran. Earlier, US strikes on Iranian nuclear facilities had induced a crash in the market that ended up unleashing a flurry of long liquidations. This time, it seems the bears have been the ones caught out instead. As usual, Bitcoin and Ethereum have topped the list of liquidations, but interestingly, the latter ($168 million) has managed to outweigh the former ($153 million), which is generally not the case. Ethereum observing a higher amount of liquidations could come down to the fact that its price has seen a larger jump during the past day (7% vs 3.5%). It could also be an indication of an elevated level of speculative interest in the cryptocurrency. Out of the altcoins, Solana and XRP have topped the charts with $29 million and $13 million in liquidations, respectively. Though clearly, these numbers are quite small compared to the figures of the top two titans, showcasing the sheer difference in capital involved. In some other news, Bitcoin taker buy volume has shot up on the cryptocurrency exchange Bybit, as an analyst has pointed out in a CryptoQuant Quicktake post. In the chart, the data of the Bitcoin Taker Buy Sell Ratio is shown. This metric measures the ratio between the taker buy and taker sell volumes for a given platform. Here, the exchange involved is Bybit. It would appear that the indicator has recently seen a sharp spike above the 1 mark, a sign that long volume has started to sharply outpace the short one. According to the quant, spikes in the metric on Bybit have often preceded a surge in the BTC price. BTC Price Following the recovery run over the last 24 hours, Bitcoin has returned to the $105,100 mark.

Antofagasta plc (LSE: ANTO) recently celebrated the 25th anniversary of its flagship copper mine, Los Pelambres, situated in Chile’s Coquimbo region, about 240 km north of Santiago. As one of the largest copper mines in the world, Los Pelambres has produced more than 8.5 million tonnes of the industrial metal to date. Last year, its output came to 320,000 tonnes, ranking just outside the top 10 producers globally. In 2024, Antofagasta completed its Phase 1 expansion project, which comprised the construction of a desalination plant and water pipeline from the coast to the El Mauro tailings storage facility, and an expansion to the concentrator plant by installing additional mills and flotation cells. Following the Phase 1 expansion, the company initiated two new projects: a new concentrate pipeline that will follow a less populated route, and an expanded desalination plant to help reach its goal of having 90% of water use coming from seawater or recirculated sources. According to the London-listed copper miner, both projects are now advancing on budget and on schedule, supported by over 3,000 contractors deployed across the sites. In addition, the company is trialing a trolley-assist system, powered entirely by renewable energy, that is expected to help reduce the mine’s diesel consumption by haul trucks, providing savings both in terms of costs and Scope 1 emissions. The trial, including feasibility studies, is expected to take place over the next 2-3 years. Antofagasta also views community engagement as an integral part of its operations at Los Pelambres. For this, it created the Somos Choapa program, aimed at supporting various initiatives in host communities in the Choapa Valley. To date, it has implemented over 150 projects in its first 10-year cycle, which ended in 2024. Antofagasta, majority-owned by Chile’s Luksic family, believes that these major projects at Los Pelambres will help to deliver another 25 years of production and value creation. To that end, the company has submitted an environmental impact assessment for its development options project, which could extend the mine’s life to 2051. A video celebrating the milestones achieved in developing the Los Pelambres mine can be seen here.

Water and resource recovery company Gradient announced Tuesday that its wholly-owned lithium business, alkali, will design and build a commercial lithium production facility in the Marcellus Shale Formation of Pennsylvania. The site, the company said, is the world’s first to extract, concentrate and convert (EC²) lithium in a fully integrated, end-to-end process from oilfield produced water. This announcement builds on last year’s launch of alkaLi’s EC² platform, which Gradient said guarantees a minimum 95% lithium recovery at customer sites—empowering producers to deliver battery-grade lithium carbonate in a more efficient, cost effective and more sustainable environment. Gradiant’s alkaLi owns and operates the Pennsylvania facility—including equipment, land, water and mineral rights, and permits. This vertically integrated model, it said, could secure long-term US lithium supply while avoiding the permitting and ownership delays that often stall critical mineral projects. Currently in testing, Gradient said the system has already proven 97% lithium recovery from produced water and 99.5% purity for battery-grade lithium carbonate. Gradient said alkaLi has signed a multi-year offtake agreement to supply up to 5,000 metric tonnes annually of battery-grade lithium carbonate to a US lithium-ion battery manufacturer for electric vehicles and energy storage systems. “We now have a fully operational lithium production asset in the U.S. that proves what EC² can deliver,” Gradiant CEO Anurag Bajpayee said in a news release. “This isn’t a concept—it’s a live facility demonstrating that clean, domestic lithium production is both viable and scalable,” Bajpayee said. “Our goal isn’t to compete with customers, but to empower them—and the broader industry—to meet surging demand for battery-grade lithium and accelerate the clean energy transition. This strategic investment in the Marcellus Shale, which could supply 50% of U.S. lithium demand, validates the maturity of alkaLi’s technology and secures a long-term domestic supply.” The company said commercial operations are on track for early 2026.

A crypto analyst has reaffirmed a bullish outlook for XRP, suggesting that the cryptocurrency’s price action is unfolding exactly as anticipated. The analyst points out that XRP is now approaching the critical support level at $1.90, which could signal a potential bullish reversal if the price manages to hold above it. XRP Eyes $1.90 As Key Reversal Zone Crypto market expert CasiTrades believes that the XRP price behavior is moving exactly as predicted following its recent price drop below $2. According to the chart and analysis published on X (formerly Twitter), XRP’s retracement toward the $1.90 region is not a sign of weakness but a textbook setup for a potential reversal. The $1.90 level represents a major Fibonacci Retracement zone, specifically the 0.5 retracement from the macro correction, which the analyst has been closely watching for a possible price reaction. According to CasiTrades, this zone is more than just a random support level—it aligns with a pattern that the analyst described in earlier updates. In these previous reports, CasiTrades was watching out for distinct price movements during XRP’s decline, including a bounce off a key Fibonacci level, a short-term fakeout upward to trap late buyers, and a final drop back into the support zone, where Bullish Divergence can develop. This distinct price pattern now appears to be playing out exactly as expected on the XRP price chart. If XRP holds above the $1.90 level while forming a Bullish Divergence on the Relative Strength Index (RSI), it could confirm a textbook bottom setup and potentially signal the start of a new impulsive rally. XRP And Bitcoin Display Synchronized Patterns CasiTrades’ price chart shows XRP forming a Descending Triangle, with its latest move dipping just into a high-demand zone marked by previous price reactions. In line with the Elliott Wave Theory, this pattern suggests the upcoming completion of Wave 2 with a massive breakout in Wave 3 potentially taking shape if the $1.90 support level holds. Additional support from key Fibonacci levels, such as the 0.618 and 2.136 extensions at $2.0 and $2.1, respectively, reinforces strength in XRP’s potential for a rebound. Interestingly, the analyst points to the Bitcoin price action mirroring this exact behavior—bouncing from just under its own 0.236 retracement near $97,000, and potentially setting up for a final dip into support. This synchronized structure across both XRP and BTC adds heavy confluence. CasiTrades notes that this current downturn is not a breakdown, but rather a final calculated shakeout before a broader rally. If both Bitcoin and XRP reach as expected while positioned at $0.19 and $97,000 respectively, the analyst believes it could trigger a new bullish leg in the crypto cycle.