Bitcoin’s long-term investors now hold 80% of all BTC in circulation, which could trigger the next leg higher into price discovery if history repeats.
Ethereum is eyeing a breakout toward $3,400 as it consolidates within a bull pennant, echoing classic continuation patterns from past rallies.
XRP price flips key breakout zone into support, but significant overhead resistance from the 200-day SMA at $2.36 remains the most important barrier for the bulls.
A widely used Bitcoin technical analysis indicator suggests that BTC is on the verge of a “big move” toward new all-time highs.
Traders are unwinding their bearish positions as Bitcoin holds strong, fueling optimism for a potential breakout to $120,000.
Bitcoin futures show rising long-side buy pressure as open interest surges.
Despite Ether’s repeated rejection at $2,800, more bullish signs suggest that ETH price is still on its way toward $5,000 in 2025.
XRP price dropped over 45% once after its daily Stochastic RSI hit overbought levels, and the same signal is flashing again this July.
Bitcoin’s pullback reflects the market’s anxiety about the US economy and dormant BTC wallets shifting billions worth of BTC.
Bitcoin sold off near the $110,000 ceiling, but the price reset could give BNB, SOL, LINK and AAVE a chance to rally.
