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Bitcoin Consolidates Above $118,000
Bitcoin (BTC) is holding steady above the $118,000 mark, trading within the Short-Term Holder (STH) price bands. The STH Cost Basis stands at $105,400, with resistance observed at $125,100.
This consolidation phase suggests cautious optimism among traders, as Bitcoin maintains its position in a bullish range.
Read more: Bitcoin vs Ethereum: Which is Better for Investment?
Ethereum Shows Bullish Momentum
Ethereum (ETH) is trading at $3,859.20, up 1.35% in the last 24 hours. Analysts note strong institutional inflows and on-chain strength, which could propel ETH toward the $4,000 resistance level. A breakout above this level may signal further upward movement.
BNB Exits Consolidation Range
BNB has exited its consolidation phase, trading around $804 with bullish sentiment. Analysts project potential targets of $910 and $1,100, driven by renewed investor confidence and broader market trends.
Solana Faces Mixed Sentiment
Solana (SOL) is trading between $177.91 and $184, reflecting mixed market sentiment. A drop below $175 could trigger a deeper correction, while a move above $187 may renew optimism among traders.
XRP Hovers Around $3.00
XRP is trading between $3.00 and $3.14, with whale accumulation of over 130 million tokens hinting at potential bullish momentum. Market participants are closely watching for a decisive breakout.
Cardano Shows Neutral to Bullish Sentiment
Cardano (ADA) is predicted to range between $0.756748 and $0.84, with technical indicators suggesting a possible breakout toward $1.40. The neutral-to-bullish outlook reflects growing confidence in ADA’s fundamentals.
Dogecoin Forms Bullish Patterns
Dogecoin (DOGE) is trading between $0.231 and $0.243, with whale activity indicating accumulation of 310 million DOGE. Bullish patterns suggest a potential rally toward $1 if key resistance levels are breached.
Polkadot Shows Mixed Signals
Polkadot (DOT) is trading between $3.88 and $4.02, with technical indicators presenting a neutral-to-bullish outlook. Some bearish signals caution traders to remain vigilant.
AVAX Gains Momentum
Avalanche (AVAX) is trading between $24.70 and $25.29, buoyed by optimism around potential ETF approvals and real-world asset (RWA) tokenization efforts.
TRON Bullish on $1 Billion Shelf Offering
TRON (TRX) is trading between $0.321 and $0.349, with bullish sentiment fueled by Tron Inc.’s $1 billion shelf offering announcement.
Stablecoin Market Update
USDT dominates the stablecoin market with a 62% share and a $162 billion market cap.
MetaMask’s new ‘Stablecoin Earn’ feature offers yields for USDT, USDC, and DAI holders. USDC benefits from Circle’s IPO, while DAI’s market cap grows to $7.5 billion.
Read more: USDT vs USDC: What’s the Different?
Breaking News
White House Proposes Crypto Reporting Requirements: The Trump administration has proposed legislation requiring U.S.
residents and companies to report foreign crypto accounts to the IRS, alongside streamlined approvals for crypto banks.Neblio Technologies Hacked for $44 Million: A Bengaluru-based crypto firm suffered a $44 million USDT theft, with an employee arrested in connection with the hack.
Bitcoin Spot ETFs See $47.39 Million Inflow: BlackRock’s iShares Bitcoin Trust led inflows with $34.73 million, signaling continued institutional interest.
