Bitcoin ETFs saw $812 million in outflows, led by Fidelity and ARK, while Ether ETFs ended their longest inflow streak with $152 million in losses.
Bitcoin Drops Below $115K as Traders Rush to Exit, But a Rebound Could Be Next
Bitcoin (BTC) is navigating a period of heightened uncertainty as its price struggles to regain upward momentum following recent declines. Over the past 24 hours, the world’s largest cryptocurrency recorded a dip to $114,326 before slightly recovering above the $115,000 mark.
Despite this rebound, the asset remains under pressure, with recent market movements highlighting potential shifts in trader sentiment and long-term holder behavior.
Data shared by market analysts indicates that derivatives activity is playing a significant role in current price fluctuations. Insights from the analytics platform CryptoQuant suggest that sudden changes in leveraged positions and aggressive selling pressure on major exchanges are contributing to the ongoing volatility.
At the same time, on-chain data shows an increase in activity from long-term Bitcoin holders, suggesting a structural change in the market that may influence future price dynamics.
Leveraged Positions Under Pressure on Major Exchanges
According to a recent analysis by CryptoQuant contributor Amr Taha, Bitcoin’s decline below $115,000 coincided with a notable reduction in open interest on Binance, dropping from $14 billion to under $13.5 billion in a short span.
This 4% decline in open interest within a single day is often linked to liquidation events, where leveraged positions are closed automatically due to margin calls.
Taha explained that many traders appear to have exited long positions as the price fell, potentially triggering a cascade of sell orders and amplifying market pressure. Net Taker Volume on Binance also turned sharply negative, nearing -$160 million, suggesting an increase in aggressive selling activity.
This trend reflects fear-driven reactions among market participants, particularly retail traders, who may have chosen to close or reverse positions amid expectations of further price declines.
Despite this wave of selling, Taha noted the possibility of a short-term rebound. A reduction in leveraged long positions combined with an increase in short exposure could create conditions for a market rebalancing or a short squeeze if selling pressure eases in the coming days.
Dormant Bitcoin Wallets Show Signs of Major Reallocation
In addition to short-term derivatives market dynamics, other analysts are pointing to broader structural changes in Bitcoin’s investor base. CryptoQuant analyst OnChainSchool highlighted that in 2024, more than 255,000 BTC previously inactive for over seven years were reactivated.
In 2025, this trend has continued, with over 215,000 BTC already moving within the first several months of the year. The average monthly movement of long-dormant coins has risen from 4,900 BTC in 2023 to over 30,000 BTC in 2025.
Transaction sizes have also grown significantly, from around 162 BTC to over 1,000 BTC per transfer. According to OnChainSchool, these patterns indicate that large-scale holders, rather than retail investors, are reallocating capital on a scale not seen in previous cycles.
The analyst suggested that beyond price fluctuations, these shifts may have long-term implications for market liquidity and Bitcoin’s future ownership distribution.
Featured image created with DALL-E, Chart from TradingView
Why Solana Could Skyrocket: Multiple Asset Managers File Revised ETF Applications to SEC
Solana (SOL) is attracting renewed institutional attention as major asset managers including Franklin Templeton, Grayscale, VanEck, and Fidelity have updated their spot Solana ETF filings with the U.S. Securities and Exchange Commission (SEC).
While the token’s price briefly dipped following the news, long-term indicators suggest this move could be a major bullish trigger.
Asset Managers Revise Solana ETF Filings Amid SEC Dialogue
As of August 1, at least seven asset managers submitted amended S-1 registration statements for Solana-based ETFs.
These updates, which now include staking provisions and clearer custodianship structures, reflect ongoing discussions with the SEC. Notably, Grayscale’s updated proposal introduces a 2.5% annual fee in SOL, while VanEck’s version includes active staking rewards and dual custodianship.
These moves are viewed as part of a coordinated strategy to align with SEC expectations, especially after the Commission recently approved in-kind redemption structures for Bitcoin and Ethereum ETFs. Market watchers believe a decision on Solana ETFs could arrive as early as late August or September 2025.
SOL Price Reacts Cautiously, But Long-Term Momentum Builds
Surprisingly, Solana’s price dropped by over 3% following the ETF filings, closing at $170.24. This suggests the news may already be priced in, or that traders remain cautious amid broader market uncertainty.
Technical indicators show bearish momentum, with SOL struggling to stay above key support zones at $170 and $158. A close above $180 could reignite bullish sentiment, while a drop below $158 may signal a deeper correction toward $145 or $130.
What Solana ETF Approval Could Mean for SOL
While short-term volatility persists, the broader implications of Solana ETF approval are substantial. A greenlight from the SEC could legitimize Solana as a mainstream investment asset, increase market liquidity, and open the door for more institutional adoption. With over $60 billion in staked SOL and a maturing ecosystem, Solana is well-positioned to benefit once regulatory clarity arrives.
In the coming weeks, all eyes remain on Washington. But for long-term investors, this could be the calm before a potential breakout.
Cover image from ChatGPT, SOLUSD chart from Tradingview
Mill City Ventures to load up on more SUI with $500M deal as shares fall 11%
Mill City Ventures III announced a $500 million equity agreement to boost its SUI treasury, which currently sits at 76.2 million units after making its first $276 million purchase this week.
Bitcoin Derivatives Data Signals Fear As Binance Net Taker Volume Turns Bearish
Earlier today, Bitcoin (BTC) briefly fell below $115,000 – hitting a low of $114,116 – triggering panic selling across major crypto exchanges, including Binance. Sharp shifts in several key metrics, such as open interest and net taker volume, confirm the intensity of the sell-off.
Bitcoin Decline Wipes Out $500 Million In Open Interest
According to a Quicktake post on CryptoQuant by contributor Amr Taha, BTC’s drop below $115,000 led to a sharp decline in open interest on Binance, which fell from $14 billion to under $13.5 billion.
The following chart shows Binance open interest declining by nearly 4% in a single day – a move typically associated with liquidation events. Supporting this, data from CoinGlass shows $760 million in liquidations over the past 24 hours.
To explain, such large-scale liquidation events typically occur when leveraged traders face forced position closures – long or short – due to margin calls. The sharp BTC drop resulted in the liquidation of approximately 183,514 traders in just 24 hours.
In addition to falling open interest and widespread long liquidations, Binance’s net taker volume also points to rising bearish sentiment. The metric plunged to -$160 million, underscoring aggressive selling pressure.
For context, Binance net taker volume measures the difference between market buy and sell orders initiated by takers. A positive value suggests dominant buying activity (bullish), while a negative value reflects dominant selling activity (bearish).
Binance net taker volume dropping into negative territory further reinforces bearish pressure on BTC. Since this net selling coincided with the decline in open interest, it indicates that many derivatives traders are panic-closing late long positions.
Will BTC Make Recovery?
Despite the falling price, shrinking open interest, and negative net taker volume, Taha suggests that these bearish indicators could paradoxically set the stage for a short-term rebound.
Bitcoin’s selling pressure may be nearing exhaustion, while short interest continues to rise. This combination could trigger a market rebalancing phase, potentially paving the way for price stabilization – or even a short squeeze-driven bounce.
However, on-chain data points to continued bearish momentum. The increasing share of new investors among BTC holders may lead to overheated market conditions in the near term.
At the same time, exchange reserves are rising, which could contribute to more selling pressure. Long-term BTC holders also appear to be selling in significant volumes, suggesting potential rally exhaustion.
That said, BTC could still remain on track for its year-end target of $180,000 – but only if it holds key support at $110,000. At press time, Bitcoin is trading at $115,310, down 2.1% over the past 24 hours.
Bitcoin Bull Run Stumbles: Analysts Predict a Possible $111K Retest Soon
Bitcoin (BTC) has continued to face resistance below the $120,000 level, with price action showing little momentum to push the asset toward a new high.
At the time of writing, the world’s largest cryptocurrency is trading above $118,000, reflecting a slight pullback of around 3.6% from its most recent all-time high. With the asset still in a tight range, investors are watching whether Bitcoin can establish a breakout or if a price correction is more likely in the near term.
Meanwhile, recent on-chain analysis has highlighted an area of potential concern in Bitcoin’s price history that may point to a retest of lower levels before further upward movement.
Analyst Highlights “Unrealized Gap” in Bitcoin’s Price Movement
According to data shared on CryptoQuant’s QuickTake platform, the $111,000–$115,000 range remains an untested zone that could see renewed activity in the future, despite broader market optimism.
CryptoQuant contributor and on-chain analyst CryptoMe has identified what he calls a “gap” in Bitcoin’s recent trading behavior. The analyst noted that between July 9 and 14, Bitcoin experienced a rapid rally from $110,000 to $123,000 without significant trading activity in the $111,000–$117,000 range.
On-chain data during that period reportedly showed limited retail participation, with most buying pressure coming from institutional players. “This rapid upward move created a visible gap in the UTxO histogram,” CryptoMe explained, adding:
Few transactions occurred in that range, meaning unrealized outputs were not established. Historically, such gaps have often been revisited by the market, filling those levels over time.
The analyst also mentioned that part of the gap has already been addressed with price action touching $115,000–$117,000 in recent sessions, but the lower section around $111,000 remains unfilled.
Historical Patterns Suggest Possible Retest of $111K
Drawing from Bitcoin’s 16-year price history, CryptoMe pointed out that similar scenarios have occurred before. For instance, in 2024, Bitcoin skipped the $70,000–$80,000 range on its way to $110,000 but eventually revisited and filled that gap.
Based on these recurring patterns, the analyst believes the $111,000 level may see a retest, even in a generally bullish environment. “What remains uncertain,” CryptoMe said, “is whether this will happen as a direct drop from current levels or after a further climb, potentially toward $140,000, followed by a correction.”
The analyst advises market participants to consider the possibility of a pullback when planning their risk exposure and leverage positions, noting:
But either way, I believe the gap will be filled! So investors should know that, even in this bullish environment, a pullback toward 111k is still possible, and they should adjust their positions, leverage, and risk levels accordingly.
Featured image created with DALL-E, Chart from TradingView
Bitcoin Fakeout? Research Firm Says Momentum Just Flipped Bearish
Bitcoin’s latest push towards $120,000 fizzled into a stall-out that now resembles a “failed breakout zone,” according to market analytics firm Swissblock. In a July 31 thread, the firm said “momentum has failed to ignite,” arguing that realized-profit flows and an overwhelming share of coins sitting in profit have turned every bounce into an opportunity for supply to meet price.
Profit-Taking Cools Bitcoin Rally
Swissblock framed the setback as a pause rather than a breakdown. “Profit-taking is rising—but not as intense as late 2024,” the firm wrote, adding that the effect through July was “enough to cap upside and trigger consolidation.” The tone is cooling, not capitulatory: “Selling pressure is visible, but not extreme—think cooling, not capitulation.” That diagnosis hinges on on-chain readings of realized profit—an input that tends to expand into rallies as long-held coins are spent into strength—and a market structure in which bids are absorbing supply rather than being overwhelmed by it.
The most striking datapoint in the thread is breadth of profitability: “96% of supply is in profit,” Swissblock noted, citing Glassnode. That ratio is historically consistent with late-cycle euphoria, but it is also mechanically self-limiting; when nearly all holders are in the green, latent sell pressure rises because “unrealized gains are tempting sellers.” As Swissblock put it, “Strong holders remain. But unrealized gains are tempting sellers. Until demand returns, each bounce invites supply.” The firm contends the broader trend “is intact—but momentum needs a reset.”
Beyond on-chain realized flows, the firm’s composite fundamentals read neutral with improving liquidity. “BTC fundamentals are strong and stable,” Swissblock wrote, pointing to a Bitcoin Fundamentals Index reading of 60 (neutral), “Network Growth is cooling,” and “Liquidity is recovering.” That mix typically favors range behavior over directional surges—“a consolidation-supportive environment,” as the post put it—in which Bitcoin “can grind sideways longer—until it’s ready to break with conviction.” The implication is that the market’s “failed breakout” risk reflects timing rather than trend reversal: positioning and liquidity are not aligned yet for a sustained continuation.
The cross-asset context is equally nuanced. “Altseason is active—but under stress,” Swissblock wrote, observing that while “$ETH continues to outperform BTC structurally, holding up better in this pullback,” most altcoins are sagging, with “only 5% of top 100 showing positive impulse.” That thinning rotation underlines the selectivity of risk appetite and the fragility of momentum outside of the largest names. Historically, that pattern often precedes a decisive move in Bitcoin that either recharges the rotation or breaks it.
Swissblock’s concluding assessment leans cautiously constructive. “Profit-taking is fading and selling pressure is being absorbed. BTC is preparing for breakout—but momentum needs to align.” Until that alignment arrives, the firm expects a grind: bids continue to meet supply from profitable holders, realized profits moderate, and liquidity improves in the background. If and when Bitcoin flips momentum back to positive, Swissblock argues, the spillover could be forceful: “While BTC grinds sideways, watch for the moment it flips—ETH and altcoins will likely explode upward when it does.”
In short, today’s dip to $115,000 looks less like an outright rejection than a test of the market’s ability to digest profits and reset momentum without damage to the underlying uptrend. With 96% of supply in profit and breadth compressed, the next impulse likely hinges on whether liquidity and demand can reassert themselves before profit-taking reaccelerates. For now, Swissblock’s message is clear: the breakout will need to be earned, not assumed.
At press time, BTC traded at $115,452.
DeFi Education Fund urges Senate to strengthen crypto dev protections in draft bill
DeFi Education Fund called on the Senate Banking Committee to frame a key crypto market bill in a more tech-neutral way and strengthen crypto developer protections in a recent letter.
Ethereum Drops 6% After Hitting $3,800, But Analysts See New ATH Ahead
Ethereum (ETH) dropped over 6% in the past 24 hours, sliding to around $3,630 after briefly touching the $3,800 mark.
The pullback comes after a robust July rally, which saw the world’s second-largest cryptocurrency surge more than 50%, its best monthly gain in three years.
Despite the recent dip, on-chain data suggests the uptrend may not be over. Glassnode’s latest analysis points to a potential new all-time high (ATH) of $4,900, fueled by bullish investor sentiment, growing ETF inflows, and rising open interest (OI) in futures markets.
Glassnode Points to a $4,900 Ethereum Target
According to Glassnode, Ethereum is trading near its March 2024 levels, yet unrealized profits remain comparatively lower. This divergence implies a large upside potential as investors are not yet cashing out, signaling confidence in further gains.
The firm’s analysis shows that if unrealized profits reach the same levels as in 2024, ETH would likely climb toward $4,900, marking a new ATH and testing the critical psychological resistance at $5,000.
This could reflect a growing shift in how investors treat Ethereum, from a speculative token to a core financial asset.
Open Interest and ETF Demand Reinforce Bullish Outlook
Rising open interest further supports Ethereum’s bullish case. Crypto futures data indicates that more traders are opening long positions on ETH, reflecting expectations of further upside. Ethereum’s OI has been a key contributor to the broader altcoin market rebound.
Moreover, spot Ethereum ETFs, especially BlackRock’s iShares Ethereum ETF, saw over $4 billion in inflows in July 2025, pushing total ETH ETF holdings to $21.85 billion. The surge underscores Ethereum’s rising status among institutional investors and may amplify future price movements.
With Ethereum facing resistance at $4,000, the convergence of strong technicals, investor optimism, and institutional demand paints a promising outlook. If momentum continues, ETH may soon chart new territory above its previous highs.
Cover image from ChatGPT, ETHUSD chart from Tradingview
XRP Is Set To Move Trillions — Banking CEO Drops Bombshell On Ripple’s Role In Tokenizing Finance
The Central banks, institutions, and payment corridors are experimenting with something deeper than crypto hype. From cross-border settlements to real-world assets, Ripple is building blockchain infrastructure. If recent comments from top banking executives are any indication, XRP may move trillions in value.
The Settlement Layer No One Saw Coming
According to KingXRP, the XRP Ledger (XRPL) is on the brink of a groundbreaking transformation that could unlock a staggering $196 trillion market through the emergence of RealFi and real-world finance powered by blockchain technology. His post includes a recent interview with Teucrium CEO Sal Gilbertie, where he made a bold declaration that XRP and Ripple will move trillions and tokenize the entire financial system.
As mentioned in the video, XRP is often misunderstood. It can be traded and speculated on like any other asset, but its true purpose goes much deeper. Ripple is the company behind XRP, and it was originally founded to facilitate fast, efficient money transfers across borders. Apparently, XRP is now evolving far beyond simple transactions. It’s becoming a foundational tool for tokenizing a wide range of assets and enabling the movement of value in new and innovative ways.
As Ripple continues to advance its level 2 infrastructure, it’s becoming increasingly clear that they are positioning to tokenize the entire financial system. They have acquired a broker-dealer clearing member, which is a strategic move that brings them one step closer to integrating deeply with the traditional financial markets.
This move marks what Gilbertie believes is the first step toward integrating traditional finance with DeFi. The acquisition of a broker-dealer isn’t just a technicality, but it’s the kind of infrastructure move that would rewire the system in the future.
XRP Moves Into Institutional Payment Rails
CryptoGeek has also shared an update on X about Ripple Chief Technology Officer (CTO), David Schwartz, stating that banks are now integrating XRP. Meanwhile, Ripple Bank will operate entirely on the XRP Ledger, settling all payments with XRP as its core asset.
Schwartz emphasized in the video that closing a deal with a bank always feels exciting, and it looks great on paper, which signals validation. However, behind the scenes, it’s a different story, and banks are extremely slow to move, cautious, conservative, and are bound by layers of internal processes.
Furthermore, Schwartz stated that the team focused a lot on banks, because landing a press release with a major institution looked like progress. It felt like a milestone, and over time, the firm realized most of them were only in it for the optics.
10-Year Gameplan: Ethereum Targets Quantum-Safe Security, Fast Transactions
Ethereum has turned 10 years old. And instead of looking back, the team behind the second-largest cryptocurrency is laying down a bold plan for the future.
The Ethereum Foundation has released a long-term roadmap called the “Ethereum Lean Plan.” The focus: scale the network massively, keep it online 100% of the time, and prepare for future threats—including powerful quantum computers.
Big Goals For The Next Decade
The Foundation says Ethereum will continue operating with no downtime, just as it has since its launch in 2015. The team wants to make sure that even if nation-states or supercomputers try to take it down, Ethereum will survive.
In addition to that, Ethereum also intends to scale considerably. The strategy involves 10,000 transactions per second (TPS) on the layer 1 chain and 1 million TPS on layer 2 chains. All of these will be accomplished with improved tools, such as zkVMs and Data Availability Sampling (DAS), to assist users in being able to verify the chain more quickly without having to download everything.
All Eyes On Lean Consensus And Speed Upgrades
The Lean Plan will enhance all three sublayers of Ethereum’s foundation layer. The crew would like to implement what it refers to as a “lean consensus,” or quicker transaction confirmations and better data handling.
New technology such as SNARK-friendly code for the Ethereum Virtual Machine (EVM) is being developed to speed up and make the network lighter. These upgrades will provide finality in seconds instead of minutes, a significant boon for users seeking quick and trustworthy results.
The Foundation also intends to advance cryptography to secure Ethereum against quantum attacks. The mission is straightforward: safeguard user balances and smart contracts prior to quantum computers posing an actual threat.
Ethereum Reserves Reach $10 Billion
The big announcement came during Ethereum’s 10th anniversary celebration. At the same time, reports showed that Ethereum’s strategic reserves have grown to $10 billion. Corporate holdings have also jumped, with total assets reaching 2.73 million ETH.
ETH is also doing well on the market. At the time of the report, the token was trading at $3,610 after gaining 47% over the last month.
The Foundation called the new vision a “generational oath” to keep Ethereum alive, safe, and ready for the next wave of users and developers.
This 10-year roadmap is ambitious, but if the team delivers, Ethereum could become much faster and stronger than it is today.
Featured image from Meta, chart from TradingView
Strategy expands STRC offering twice in two weeks
The company continues to accumulate BTC through corporate equity and debt offerings, but class action lawsuits against Strategy are mounting.
SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US
With officials urging companies to “reshore crypto,” global companies are expanding US operations as the Trump administration rolls out pro-crypto reforms.
Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking?
Ethereum has faced an 8% correction since Monday, cooling off from its recent rally and slipping below the key $3,850 level. This move suggests that the bullish momentum that carried ETH higher in July is beginning to fade, with price now entering a critical consolidation phase. Bulls are still holding key support levels, but the threat of a deeper correction is growing as selling pressure intensifies.
On-chain data shows signs of profit-taking from large investors, adding to short-term volatility and uncertainty. Heavy selling volume over the past two days has sparked speculation across the market, especially as Ethereum remains below recent local highs. Analysts are split in their outlook—some argue that this is a healthy pullback within a broader uptrend, while others warn of a potential slide toward the $3,400–$3,500 range if sentiment worsens.
Despite the recent drop, Ethereum’s long-term structure remains intact, with fundamentals like growing DeFi usage and Layer 2 adoption continuing to support the narrative. However, the next few days will be critical. If bulls can defend current levels and regain momentum, ETH could attempt another move toward $4,000. If not, the market may see extended downside pressure before a clearer recovery emerges.
Ethereum Sees Massive Sell-Off In Two Minutes
According to top analyst Maartunn, Ethereum experienced a dramatic spike in taker sell volume, reaching $335 million in just two minutes. This massive wave of sell orders signals a key moment in the market, one that could mark either the peak of profit-taking or the end of panic-driven capitulation. While some interpret the event as large investors securing gains after the recent rally, others believe this could reflect emotional selling from retail traders spooked by short-term volatility.
Despite the heavy selling pressure, Ethereum’s long-term bullish narrative remains intact. Large players continue to accumulate, taking advantage of dips and buying from weaker hands. This activity suggests strategic positioning ahead of expected growth in adoption, especially as Ethereum cements its dominance in decentralized finance (DeFi) and real-world asset (RWA) tokenization.
ETH spent months in a downtrend earlier this year, weighed down by macro uncertainty and regulatory fears. Yet, while the broader market showed weakness, sophisticated investors appeared to accumulate. Now, with sentiment shifting and the price structure strengthening, Ethereum seems well-positioned for the months ahead.
The $335 million sell-off highlights market vulnerability—but also shows that whales are stepping in. If price holds current levels and sentiment stabilizes, Ethereum could see a renewed push toward the $4,000 mark as confidence returns.
ETH Tests Support After Breakdown
Ethereum (ETH) has officially broken below its critical resistance zone near $3,860, signaling increased selling pressure and short-term weakness. After maintaining a steady range for nearly two weeks, the price has dropped to $3,619 on the 4-hour chart, finding temporary support just above the 100-period SMA (green line), currently near $3,670.
This breakdown comes amid an uptick in bearish volume, suggesting momentum may favor sellers in the short term. The 50-period SMA (blue line), located around $3,762, has now turned into near-term resistance, capping any immediate recovery attempts. If bulls fail to reclaim the $3,760–$3,800 zone, Ethereum could risk deeper downside toward the next key support around $3,175 (200 SMA, red line) or even $2,852, which served as a base in early July.
Despite this weakness, the broader trend remains structurally bullish as long as price stays above the 200 SMA. However, bulls must reclaim the $3,860 level and build momentum above it to regain strength. Until then, volatility is expected, especially as profit-taking and macro uncertainty weigh on sentiment.
Featured image from Dall-E, chart from TradingView
SEC’s crypto task force to hit the road with 10 roundtables across the US
The roundtables, scheduled to be held in 10 cities, will focus on crypto startups less than two years old and with 10 or fewer employees.
Polkadot Isn’t Done Yet—Breakout Point To Bigger Gains Ahead
Polkadot (DOT) is building momentum and pressing against key resistance, with bullish signals flashing on the 4-hour chart. Rising volume and a tightening range hint at an imminent breakout, with a $4.75 target in sight. DOT isn’t done yet—bigger gains could be just ahead.
Breakout Confirmation Hinges on Key Closing Level
Polkadot could be gearing up for a significant breakout, according to a recent post from crypto analyst GodstarPL on the X (formerly Twitter) platform. The analyst emphasized that key bullish signals are now emerging on the 4-hour Heikin Ashi chart, hinting at a potential shift in momentum that could favor the bulls in the near term.
One of the most compelling signals comes from the price action itself, as DOT is currently pressing up against a major resistance level. This resistance is being tested alongside a noticeable uptick in trading volume, suggesting that market participants are increasingly interested and possibly positioning for a larger move. The combination of volume growth and price compression typically indicates that a breakout could be imminent.
GodstarPL highlighted that the breakout target lies at $4.75, which would represent a 25% increase from current levels. For this move to gain traction, the analyst noted that confirmation is crucial. Specifically, DOT needs to secure a close above the $3.80 mark to validate the bullish breakout scenario and invite further buying pressure.
On the downside, strong support has been identified around $3.55. This level is acting as a safety net for bulls, and a failure to hold above it could temporarily delay any upward movement. However, as long as this support holds, the setup remains favorable for an upside breakout.
In summary, Polkadot is in a tight squeeze between support and resistance, with bullish reversal signals flashing on key timeframes. A breakout above $3.80 could pave the way for a strong rally toward $4.75, while the $3.55 level will be critical in maintaining bullish momentum.
Thriving Not Surviving: Polkadot’s Breakout Potential Unfolds
GodstarPL concluded that if current support levels continue to hold, the price of Polkadot could be poised for a powerful move into the $5 zone in the near future. The technical setup suggests that DOT isn’t merely consolidating, it’s building strength for what could be a substantial breakout.
In the analyst’s view, DOT is not just weathering market conditions; it’s positioning itself for significant upside. With bullish signals aligning and momentum improving, DOT appears ready to shift from survival mode to a phase of growth and potential outperformance.
As of the time of writing, DOT is trading at around $3.62, with a market capitalization exceeding $5.8 billion and a 24-hour trading volume of over $382 million.
Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset
Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it’s a healthy correction.
As Trump challenges Fed independence, key FOMC member resigns
Adriana Kugler steps down from the Federal Reserve Board amid mounting political pressure and renewed uncertainty over Jerome Powell’s leadership.
Crypto Biz: Digital gold rush intensifies as Tether Gold surges, institutions double down on BTC
As physical gold hits record highs, Tether Gold’s (XAUt) market cap surges past $800 million, while Bitcoin treasury firm Twenty One Capital expands holdings.
OpenAI raises $8.3B at $300B valuation
OpenAI’s latest funding round, which values the company at $300 billion, was five times oversubscribed amid surging investor demand for AI, according to The New York Times.
