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Bitcoin Price Declines Amid Bearish Signals
Bitcoin (BTC) is trading around $115,600, down from $122,000 earlier this week, as bearish technical indicators and geopolitical tensions weigh on the market.
Despite the drop, whale activity remains notable, with a $23.7 million bet placed on BTC reaching $200,000 by year-end. Analysts suggest that the current pullback may present a buying opportunity for long-term investors.
Read more: Bitcoin mining: Everything you need to know about Bitcoin mining
Ethereum Shows Bullish Momentum
Ethereum (ETH) continues its upward trajectory, trading at $3,724.84, up 1.26% for the day. Institutional interest and ETF inflows are driving bullish sentiment, with resistance expected at $3,860 and support holding firm at $2,512.
The network’s fundamentals remain strong, with 90% of ETH holders currently in profit—the highest level since December 2024.
Solana Price Predictions Vary
Solana (SOL) is trading around $186, with analysts offering mixed forecasts ranging from $189 to $197.
The bullish case is supported by ETF launches and network upgrades, including the proposed SIMD-0286, which aims to increase Solana’s block computation limit by 66% to enhance throughput.
Read more: Cardano vs Solana: Which is Better for Investment?
BNB Holds Strong Despite Overbought Conditions
BNB is trading between $770 and $783, supported by institutional adoption and ongoing token burns.
However, the Relative Strength Index (RSI) suggests the asset is overbought, hinting at a potential short-term pullback. Market watchers remain optimistic about BNB’s long-term prospects, given Binance’s expanding ecosystem.
XRP and ADA Show Mixed Signals
XRP is fluctuating near $3.11, with support at $3.00 and resistance at $3.42. Meanwhile, Cardano (ADA) is predicted to trade around $0.79, buoyed by increased Total Value Locked (TVL) and trading volumes.
Both assets face critical support levels that could determine their near-term direction.
Read more: Cardano vs Ripple: Which is Better for Investment?
Meme Coins and Altcoins Update
Dogecoin (DOGE) is trading between $0.22 and $0.30, with cautious optimism prevailing. Polkadot (DOT) holds steady at $4, while Avalanche (AVAX) shows bullish momentum between $23 and $25, driven by ETF speculation.
Read more: Top 5 cryptocurrencies to invest in 2025: Invest Smartly!
On-Chain Highlights
Glassnode reports strong Bitcoin accumulation, with over 8,800 BTC acquired below spot price. Ethereum’s Net Unrealized Profit/Loss (NUPL) indicator suggests a recent price bottom, signaling potential upside.
IntoTheBlock data shows Shiba Inu investors demonstrating long-term conviction.
Breaking News
Crypto hacks have exceeded $3 billion in 2025, with centralized exchanges accounting for 54.26% of losses. In other news, an Ethereum whale sold $13.92 million in ETH, netting a $2.69 million profit.
Read more: Cryptocurrency Trading: The Essentials Before You Start.
