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ETH/BTC remains under major moving averages, with resistance between 0.05–0.06 BTC, a breakout above may signal a solid reversal of the trend. A bullish divergence on the weekly chart indicates declining bearish momentum, with both RSI and Stochastic RSI flashing signs of possible price reversal. ETH/BTC is testing a major historical low, with substantial trading volume implying a fierce battle between sellers and buyers.
The TD Sequence signal has registered a buying signal, and there may be a bull cycle if XRP tests significant resistance levels. XRP trades within a downtrending channel, with a probable breakout above $2.80–$3.00, possibly pushing prices up towards $3.50–$4. The MACD signals the start of a bull crossover, and the Stochastic RSI signals a short-term correction before a rally.
Bitcoin’s price hovers near $95,582, facing risks of decline if it drops below key support levels around $95,000. A breakout above $98,000 could drive Bitcoin toward $100,000, with long-term bullish trends still intact. Bitcoin’s momentum shows signs of reversal, potentially leading to upward movement if key resistance levels break.
Helium (HNT) tests a critical $3.00 support, with traders awaiting a possible reversal or protracted bearish momentum. The RSI of 38.01 signals a bullish divergence, and the constricting Bollinger Bands suggest a probable breakout in either way. A breakout above $3.80–$4.00 can solidify bullish momentum, and a drop below $3.00 can take HNT down towards $2.50, even lower.
Bitcoin is forming a declining wedge pattern, with resistance points of $100K and targets of $110K and $120K. Market indicators, including MACD and RSI, are suggesting consolidation, with a volume-driven breakout and on the lookout for bull signals. A bearish breakdown of $93K may take Bitcoin down towards $85K–$87K, and holding on may result in a steep upswing.
Quick Take Trump’s crypto-friendly pick Howard Lutnick was confirmed by the Senate as new Secretary of Commerce. Lutnick has been leading financial services firm Cantor Fitzgerald, which has been a custodian for Tether.
- 06:37Ripple collaborates with South Korea's BDACS to launch institutional custody services for XRP and RLUSDRipple announces a strategic partnership with South Korean digital asset company BDACS to provide institutional-level custody services for XRP and RLUSD. Ripple announced this partnership today, noting that it aligns with the regulatory approval roadmap of the Financial Services Commission (FSC) of Korea. The roadmap aims to support institutions participating in Korea's digital asset market. Under the partnership, BDACS will use Ripple Custody to provide custody solutions for its supported digital assets, including XRP and RLUSD.
- 06:26FalconX deposited 340,000 SOL into multiple CEX 30 minutes agoAccording to Lookonchain monitoring, FalconX deposited 340,000 SOL into multiple CEXs about 30 minutes ago, worth approximately 46.8 million US dollars.
- 06:18A certain whale was liquidated in HyperLiquid with 50x leverage long on Bitcoin, losing 10.39 million US dollarsAccording to OnchainLens monitoring, a certain whale's 50x leveraged long position on Bitcoin in HyperLiquid was liquidated 11 hours ago, causing the investor to lose $10.39 million after holding for 2.5 months. In addition to the Bitcoin position, this address also holds 115,427 HYPE tokens, currently floating loss of about $265,000 and 144.54 HFUN tokens with a floating loss of about $33,000.