Tag: price action

Bitcoin Reserves Across Exchanges Drops to Lowest-Ever

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Bitcoin reserves have dropped to the lowest levels in history, suggesting a possible supply shock.

 

A recent market development in the BTC exchange supply has caught the market’s attention. Since the start of the year, Bitcoin supply on the exchanges has been on a steady decline, with the reserves hitting their lowest levels in history.

Decreased BTC reserves could signal a supply shock in the next few weeks as institutional and government interest rises.

 

Source: X

What does this mean for BTC?

As of 2025,  there has been large institutional Bitcoin buys as corporations such as Strategy leading the way. With potential accumulation by governments for treasury reserves, BTC exchange supply could decline further.

The market could face a supply shock that would see Bitcoin surge massively in the next few weeks driven by increased demand, increased disposable capital and whale accumulation after the trade tarrif war.

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Aptos APT Surges amid Rising Network Stablecoin Supply

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Aptos has surged 4.02% with a high trading volume as the network’s stablecoin supply hits $1 billion.

 

Aptos, a layer 1 proof-of-stake (PoS) blockchain using smart contracts to boost web3 adoption, has seen its token APT surge 4.02% in the past 24 hours. APT has been trading inside a falling wedge pattern on the daily chart in Q1, 2025, and has broken out with a 25% surge in trading volume.

 

Source: X

 

Aptos was consolidating at around $5.11 as of this writing, per CoinMarketCap. Technical analysis suggests $6 as APT’s mid-term target while eyeing $9.7 following this breakout. According to Crypto King25, the total supply of natively minted USDC and USDC on the network has hit $1 billion.

 

Source: CoinMarketCap

 

Following a breakout and high stablecoin supply on the network, Aptos could be poised for an uptrend in the following weeks. Traders a closely watching APT’s next move following this breakout.

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Oversold Alert: Why Ethereum Could Be Rallying Soon

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Ethereum’s monthly Relative Strength Index(RSI) has dropped to its most oversold ever, and whales are accumulating the dip. So, are ETH bulls rallying soon?

 

Ethereum has seen its price drop significantly as of Q1 2025. Despite other altcoins rallying after the trade war freeze, the king of altcoins saw a price exhaustion in a recovery attempt. As of this writing, ETH is trading at $1583 per CoinMarketCap data.

Looking at Ethereum’s 8-hour chart, the coin has been consolidating inside a descending channel pattern in Q1, 2025.

Source: X

 

With the price dropping to a 2-year low, ETH’s Relative Strength Index(RSI) has dropped to 40. This suggests that the coin is oversold, leaving the price in trenches. The bulls have stepped in as Ethereum’s momentum and MACD(12,26) flash “buy”.

According to CryptoGoos on X (formerly Twitter):

 

WHALES HAVE BOUGHT OVER 200,000 $ETH IN THE LAST 3 DAYS. THEY’RE BUYING THE DIP!

 

With potential whale accumulation in the dip, ETH can break above the $1650 key resistance zone on its descending channel pattern. A confirmed breakout could see ETH rallying to $2800 in the next few weeks.

 

 

 

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Polkadot Flashes Breakout Signals-Is $4.8 the Next Target?

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Polkadot is testing a key resistance level on its falling wedge with high trading volume, suggesting a strong breakout.

 

Polkadot, the blockchain network that bridges other blockchain networks, has caught the market’s attention following a 57.5% surge in trading volume in the past 24 hours. Per CoinMarketCap, DOT was trading at $3.82, a 2.47% price increase, as of press time.

DOT’s price has been trading inside a falling wedge pattern formation for the past 4 months. Looking at the 12-hour chart, the price is consolidating and testing the $4.10 key resistance zone on its descending resistance trendline.

 

Source: CoinMarketCap

 

Technical analysis by WorldofCharts suggests that $4.8 could be Polkadot’s next target following a confirmed successful breakout above its falling wedge formation.

With the MACD level (12,26) and short-term moving averages flashing “buy”, DOT could be geared up for an uptrend rally soon. One should watch out for the coin’s buying pressure and open interest at this level while the market awaits a confirmed breakout.

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Cardano ADA Eyes 30% Price Surge in THIS Pattern-What’s next?

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 Cardano’s price is consolidating inside a symmetrical triangle in the hourly chart. Analyst predicts a 30% upsurge in the next few days.

 

Over the past two weeks, ADA has been consolidating inside a symmetrical triangle on its hourly chart and is approaching a breakout. This follows a retest of its ascending trendline within this pattern formation. In the past 24 hours, the coin has seen its open interest rise 3.13% per Coinglass data.

 

 

Source: X

 

According to his technical analysis, analyst Ali Martinez predicts ADA could rally 30% following a retest of its ascending support trendline as the bulls step in to strengthen the uptrend momentum.

If ADA closes above $0.64 with high buying pressure, this is possible in the next few hours to days. However, one should watch out for any signs of exhaustion, where a decisive drop under $60 could lead to a further downside.

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Hyperliquid (HYPE) Holds Key Support- Is $36 Next on the Cards?

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Hyperliquid surges 8.67% with a high trading volume after retesting and bouncing off a key support. Technical analysis hints at $36 as a long-term target.

 

Hyperliquid, the high-performance decentralized perpetuals exchange, has seen its token, HYPE, surge 8.67% in the past 24 hours, as of this writing. Per CoinMarketCap data, the coin’s trading volume has risen 28.41% following a retest and bounce-off at the $12-$13.5 key support zone on the daily chart.

 

Source: CoinMarketCap

 

According to technical analyst Solberg Invest, with the momentum building, traders are eyeing the $19-$27 key resistance zone in the mid-term while targeting $36 in the long-term.

Derivatives data by Coinglass signals heightened open interest (+10.12%) as HYPE’s Open Interest (OI) Weighted Funding Rate turns positive.

With prices fluctuating around the $16.7  level, hype could be geared up for a rally soon. One should watch for the coin’s buying volume, open interest, and Relative Strength Index(RSI) in the current setup to understand HYPE’s next moves.

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Chainlink(LINK) Faces Bearish Pressure at $12.5-What’s Next?

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Chainlink flashes signs of weakness as price fluctuates around the $12.5 zone. Will LINK break or make?

 

Chainlink price action suggests weak bullish momentum in the last 24 hours, as of press time. The altcoin has recently broken below multiple BOS (Break of Structure) and CHoCH ( Change of Character) levels, flashing bearish signals.

According to the analyst, BlockchainBaller on CoinMarketCap, traders are eyeing the $13 EQH (Equal High) as a resistance zone for LINK to break. If the bears pull strongly, Chainlink could retest the $11-$10 support and demand zone.

 

Source: CoinMarketCap

 

Following LINK’s technical setup, one should watch for the coin’s open interest, long-short ratio, and trading volume at the $12.5 zone. If Chainlink’s bulls step in with high buying pressure, the coin could see strengthened bullish momentum and break past $13, attempting a rally in the mid-term.

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XRP:66.86% of Traders in Binance are Going Long!

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XRP bulls show strength as the Binance Exchange Long-to-Short ratio reaches 2.02. Does this mean more upside for the altcoin?

 

Over the past 24 hours, most XRP traders on the largest Exchange by trading volume, Binance, have signaled high conviction in XRP’s bullishness. At press time, XRP was trading at $2.17, a 1.66% price surge in the last 24 hours and 16.27% in the past week, despite a low trading volume in the past day.

Looking at the on-chain metrics, 66.86% of traders on Binance bet on XRP’s price uptrend, over 33.14% shorting the asset.

Source: X

Why are traders betting on XRP’s Price upsurge?

XRP’s price rally could be fueled by the following reasons:

  • XRP ETFs are on the verge of approval.
  • Japanese banks are considering XRP for payments.
  • SWIFT integration with XRP is underway.
  • Ripple’s SEC case nears resolution.
  • Possible usage of XRP ledger on real-world asset (RWA) tokenization.

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Global Liquidity Projected to Rise-Is Crypto Next?

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Global Liquidity is surging, and historically, this suggests a potential bullish momentum for Bitcoin and the crypto market as a whole.

 

BTC price has flashed potential upside momentum in the past 24 hours, hitting $85,154 with a 37% rise in trading volume, at press time. The global liquidity index (GLI) measures the amount of “free-flowing money” existing in the global financial system. It reflects the overall ease of capital movement across markets and economies.

Looking at the charts, global liquidity is projected to rise, signalling that more capital could be available for investment in risky assets, including digital assets. Historical side-by-side comparison reveals that BTC follows the GLI movement.

 

Source: X

 

According to Analyst Crypto Rover, global liquidity is projected to rise, potentially fuelled by government policies such as central banks lowering interest rates, balance sheet expansion, and Quantitative Easing(QE).

As more money becomes available, it could divert to the crypto market, starting with Bitcoin, toward altcoins. As a result, a bull rally could be on the cards in the next few months.

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Ethereum Eyes 17% Gains following SEC Options Approval

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The SEC approved options trading on spot Ethereum ETFs in the past week, boosting ETH’s mainstream adoption. Technical analysis suggests a potential 17% price surge.

 

U.S Securities and Exchange Commission has approved options trading for Ethereum ETFs in the past 5 days. This approval allows exchanges to list and facilitate trading options contracts on Ethereum exchange-traded funds(ETFs). Ethereum was hit hard by the tariff trade war, with its price dipping to a two-year low.

Following this development, Ethereum has gained investment appeal among large investors and has been recording heightened buying pressure. A recent observation by renowned analyst Ali Martinez reveals a potential 17% price surge in the next few days.

 

Source: X

 

In the past week, the ETH price has been consolidating inside a symmetrical triangle pattern on the hourly chart. Per the analyst, the technical setup precedes a bullish rally, and Ethereum could surge 17% following a breakout above this triangle.

 

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