Ethereum (ETH) is trading inside a tightening technical range as price presses a long-standing ascending trendline resistance while simultaneously resting on multi-year support. Market commentator Bitcoinsensus notes ETH has been rejected three times at the rising resistance since 2024; a fourth test could either trigger a decisive breakout if buy-side momentum absorbs supply, or produce another rejection that prolongs the range. Analyst James Easton highlights a long-term support line around the sub-$2,000 area on a two-week chart, calling that zone an accumulation area and signalling a preference for waiting for a sharp upside "God candle" rather than a slow grind. Momentum indicators show cooling even as the structural uptrend remains intact, leaving traders to watch whether ETH rebounds from support or fails and drops to a deeper reset. Key takeaways for traders: the main keyword is Ethereum (ETH); watch for a confirmed daily close above the ascending trendline (bullish signal) or a decisive break below the long-term support/sub-$2,000 zone (bearish signal). Short-term volatility and a potential squeeze-led move are likely; manage risk, set clear stop-losses, and monitor volume and momentum spikes for conviction.
Neutral
EthereumTechnical AnalysisTrendlineSupport and ResistanceMarket Momentum
IP (Story) fell more than 12% after a broader crypto market decline triggered by Israel’s strike on Iran. Daily trading volume for IP dropped about 16% to $43 million amid a two‑month price slump that has erased over 90% from its all-time valuation. Technically, IP has traded inside a descending channel through February and is approaching the channel’s lower boundary near $0.80. Momentum indicators show growing seller pressure (MACD below neutral) while the RSI is deeply oversold (~17), implying potential short‑term bear exhaustion if buying returns. On-chain metrics are weak: active accounts fell from 1,033 to 208 since early February, gas spent dropped from ~43 IP to ~1.73 IP, cumulative transactions hit 95.1 million, and new transactions suggest increased selling/short activity. The article concludes that IP is likely to test $0.80, and the price reaction at that level—especially if accompanied by renewed volume—will determine the next directional move.
GALA shows signs of accumulation as 24h volume (~$51.9M) has fallen 20–30% versus recent weeks while price tested the $0.0034–$0.0035 support band. Daily price $0.00402 (+15% intraday) with key resistances at $0.0041–$0.0047 and supports at $0.0040, $0.0038, $0.0034. Volume contraction during the downtrend indicates weaker selling pressure and possible smart-money accumulation: high-volume nodes cluster at $0.0034–$0.0035, and RSI shows divergence (around 33), suggesting a potential bullish reversal if volume confirms upward moves. Risks remain: rising volume at resistance (notably $0.0035–$0.0038) could signal distribution and trigger a high-volume breakdown toward bearish targets (noted as $0.0013). Correlation with Bitcoin matters — BTC weakness below $64.2k/$62.5k could push GALA lower, while BTC stability above $66.2k would help GALA attempt the $0.0052 target. Analysts flag a neutral-to-bullish, volume-based outlook: hold $0.0034 for reversal; watch for a volume spike (>~$60M) to confirm trend change. This analysis is technical commentary, not investment advice.
Neutral
GALAVolume AnalysisAccumulationBitcoin CorrelationTechnical Outlook
Crypto analyst XRP Captain says XRP could realistically reach $100 per token based on utility-driven institutional adoption, but a $10,000 valuation is structurally impossible. He cites XRP’s role as a fast, low-cost settlement asset for cross-border payments and growing use by banks and remittance services as drivers of organic demand. Key constraints include XRP’s large circulating supply (over 50 billion tokens), market-cap limits, liquidity, and real-world economic bounds that make extreme price forecasts unrealistic. Institutional adoption, regulatory clarity, and integration with banking infrastructure are identified as the main catalysts that could push XRP toward the $100 range. The analyst frames $100 as an attainable, utility-based milestone and warns traders against speculative fantasies like $10,000. Disclaimer: this is opinion and not financial advice.
South Korea’s National Tax Service (NTS) accidentally published a press photo showing an unredacted Ledger hardware-wallet seed phrase. The exposed mnemonic gave attackers access to a wallet holding roughly 4 million PRTG tokens (≈$4.8 million), which were moved in three on‑chain transactions soon after the release. Blockchain researchers and Hansung University associate professor Jaewoo Cho confirmed the theft; Cho observed other visible phrases in the image appeared low risk and noted the effective loss may be smaller because PRTG has very low liquidity and limited listings, making conversion to cash difficult. The NTS has not issued a public response. The incident follows earlier South Korean custody failures (notably a 2021 police cold‑wallet loss of 22 BTC) and highlights recurring operational-security gaps in how authorities store seized crypto. For traders: direct market impact on PRTG is likely constrained by the token’s low liquidity and exchange support, but the event raises broader concerns about institutional custody controls, provenance of seized funds, and regulatory competency — factors that can influence market sentiment and prompt increased scrutiny of on‑chain tracking of government-held assets. Primary keywords: seed phrase leak, custody failure, PRTG token, National Tax Service, crypto theft.
Stellar Development Foundation CEO Denelle Dixon urged banks to abandon private blockchains and adopt public networks to achieve real interoperability and shared liquidity. Her comments coincide with Cardano’s mainnet launch of USDCx — a Circle-backed stablecoin using the xReserve model and Cross-Chain Transfer Protocol (CCTP). USDCx mints reserve-backed USDC on Cardano, enabling native, burn-and-mint cross-chain transfers to networks like Ethereum and Solana without synthetic wrappers or middleman bridges, reducing slippage and conversion risk. The Cardano Foundation and partners (IOG, Emurgo, Intersect, Midnight Foundation) position USDCx as infrastructure integration alongside oracle, analytics and messaging layers (Pyth, Dune, LayerZero). The article argues that closed bank ledgers can’t replicate this open-network coordination and warns institutions that delaying public-chain adoption risks falling behind as public blockchains increasingly integrate with institutional rails.
Bullish
Public blockchainsUSDCxCardanoInteroperabilityStablecoins
OpenAI has signed a Department of Defense contract to deploy its models on classified Pentagon networks under defined technical safeguards. The agreement bars domestic mass surveillance, preserves human responsibility for use-of-force decisions, and limits deployment in autonomous weapons. OpenAI will build a safety “stack,” embed engineers to work with Pentagon personnel, and retain the right to refuse model changes that would breach the safeguards. The deal follows failed negotiations between the Pentagon and rival Anthropic, which had sought similar limits but was designated a “supply‑chain risk” and ordered by the White House to be phased out from federal use. For traders, the contract reduces regulatory uncertainty around OpenAI’s defense work, highlights a split among AI firms over military engagements, and may influence investor sentiment for AI and defense-linked tech stocks. Key SEO keywords: OpenAI, Department of Defense, Pentagon contract, AI safety, domestic surveillance.
Neutral
OpenAIDepartment of Defensemilitary AIAI ethicsdefense contracts
XRP rebounded after dipping to a low of $1.27, recording a partial recovery as buyers returned following short-term weakness. Despite the bounce, market sentiment remains fragile with persistent fear limiting a decisive breakout. Trading volumes and momentum indicators suggest cautious participation: price action shows resistance near recent highs and a lack of strong follow-through buying. Traders are watching key technical levels and on-chain metrics for signs of sustainable demand. The article highlights continued market uncertainty rather than a clear bullish reversal, urging traders to manage risk and monitor volatility closely.
Former Mt. Gox CEO Mark Karpelès published a GitHub draft proposing a one‑time Bitcoin hard fork to recover 79,956 BTC (≈$5.2B) held at address 1Feex...sb6uF, which he associates with Mt. Gox’s 2011 hack. The draft would add a single, targeted consensus rule that allows outputs from that specific address to be spent to a designated recovery address at a set future block height. Recovered funds would enter the existing court‑supervised Mt. Gox rehabilitation process for creditor distributions under Japanese law. Karpelès frames the proposal as a discussion starter to break a stalemate: the trustee overseeing creditor repayments has not pursued on‑chain recovery without assurance the Bitcoin network would accept such a rule change. The plan requires a coordinated hard fork and risks a chain split if some nodes refuse to upgrade. Critics warn a protocol exception would undermine Bitcoin’s immutability and transaction finality, set a precedent for reversing stolen coins, and invite regulatory or government pressure. Supporters say a concrete proposal could unblock repayments after a decade‑plus delay. The 79,956 BTC are not currently in the trustee’s repayment pool; the Mt. Gox estate holds about 34,689 BTC for ongoing payouts, with final repayments extended to October 31, 2026. Past trustee wallet movements have preceded distribution rounds, which use partner exchanges (Kraken, Bitstamp, BitGo) and include BTC, BCH and sometimes JPY. The proposal revives debate on Bitcoin governance, hard forks, and legal recoveries following major exchange failures.
The Office of the Comptroller of the Currency (OCC) released a 376-page proposed rule to implement the GENIUS Act, including provisions that would limit third parties from passing stablecoin yield or rewards to token holders. The language appears to prohibit arrangements where issuers and third parties share yield tied to the “holding, use, or retention” of stablecoins — a structure similar to Coinbase’s USDC rewards program with issuer Circle. Coinbase currently offers roughly 4% on USDC and cited stablecoin revenue as a key growth driver in 2025, reporting $1.3 billion in stablecoin revenue last year. Industry reaction is mixed: some legal and policy experts say the proposal likely affects Coinbase and expect subsequent legal challenges or changes; Circle’s leadership praised the proposal as advancing U.S. digital finance leadership. Banking lobby sources and some regulators want firmer restrictions to protect bank deposits; others note rulemaking can be revised during the 60-day comment period. The rule is not final and could be amended; its ultimate impact depends on regulatory clarifications and possible legislative or legal pushback.
Shiba Inu (SHIB) plunged 4.52% to $0.00000556, hitting an intraday low of $0.00000544 as broader crypto markets experienced heavy selling and more than $515 million in liquidations over 24 hours. SHIB’s seven-day decline reached roughly 14.6%. The sell-off followed a hotter-than-expected U.S. producer price index (PPI) print, a pullback in AI and tech stocks, and rising macroeconomic uncertainty — factors the Shiba Inu team member Lucie described as a “classic risk-off day.” The Crypto Fear & Greed Index registered 14 (extreme fear), signaling low appetite for speculative positions. Technical indicators show SHIB’s RSI dipping below 30 on lower time frames (oversold), suggesting a higher probability of a short-term relief bounce or “dead cat bounce.” Key resistance sits at $0.000007 (50-day moving average) and $0.00000949 (200-day moving average); these levels must be cleared for a sustained recovery. Traders should monitor macroeconomic data, risk sentiment, and liquidity flows for short-term trading opportunities and potential volatility.
Bearish
Shiba InuSHIBMarket sell-offLiquidationsFear & Greed Index
XRP trades around $1.29 as traders focus on a crucial Fibonacci demand zone between $1.30 and $1.05. The daily trend remains bearish following a peak above $3.00 in early 2025, with lower highs and lower lows and momentum indicators (MACD) in negative territory. Immediate resistance sits at the 0.236 Fibonacci level near $1.36; a daily close above $1.36 would reduce short-term bearish pressure. The $1.30–$1.05 band contains the 0.382 ($1.02), 0.5 (~$0.86) and 0.618 (~$0.68) retracement levels. Holding above this zone could validate a recovery toward higher resistances; a daily close below $1.25 raises the risk of a drop to $1.02, while losing $1.00 would target $0.80–$0.70. Volume during the recent decline has been elevated, indicating active selling. Traders should watch candle structure, volume and the $1.36/$1.25/$1.02 levels for confirmation of either recovery or deeper correction.
Ctrl Alt, a Ripple-backed tokenization firm, has partnered with Billiton Diamond to tokenize over $280 million of certified diamonds on the XRP Ledger (XRPL). The deal — confirmed on X and supported by Ripple Custody — ties each physical stone to a verified digital token and leverages bank-grade custody, XRPL’s low fees and high speed, and regulatory frameworks in the UAE (DMCC and VARA). Proponents say the move converts traditionally illiquid luxury inventory into tradable assets with near-instant settlement, potentially opening a large real-world asset (RWA) market for high-value goods. Key figures and elements: Ctrl Alt, Billiton Diamond, Ripple (including Ripple Custody), XRPL, UAE regulators DMCC and VARA; transaction value: ~$280,000,000. Traders should note this development highlights XRPL’s cost and speed advantages for RWA tokenization and signals growing institutional-grade tokenization activity in compliant jurisdictions.
Justin Bons, founder and CIO of Cyber Capital, argues that several high-profile networks — notably Ripple (XRP) and Stellar — are effectively centralized and should be rejected by the crypto community. Bons says Ripple’s Unique Node List (UNL) and Stellar Development Foundation’s published Tier 1 recommendations create de facto permissioned validator sets that concentrate influence and risk forks if centrally curated lists diverge. He also labels Canton and Hedera as fully permissioned at the validator level, and notes Algorand retains centralization through permissioned relay nodes despite recent peer-to-peer propagation improvements. Bons frames the issue as binary: blockchains are either permissionless or they are not; any reliance on authority undermines censorship resistance, credible neutrality and immutability. He predicts decentralized, permissionless platforms will ultimately prevail as institutional reluctance to open networks fades. Keywords: Ripple, XRP, Stellar, decentralization, permissioned validators, permissionless, Cyber Capital.
OpenAI’s reported $110 billion capital raise is concentrating institutional and retail capital into AI and tech equities, creating a liquidity headwind for crypto markets. The article notes Bitcoin’s 90-day Realized Profit/Loss Ratio has dropped below 1.0, indicating realized losses now exceed gains and signaling reduced investor profitability and tighter liquidity. Nvidia (NVDA) is used as an example of strong tech demand despite mixed price action: NVDA posted robust Q4 results and saw roughly $360 million in retail opening-session inflows after earnings, underscoring persistent conviction in equities. By contrast, crypto markets show weaker flows and sentiment, making them more vulnerable when large AI funding events attract capital. The piece argues that large AI funding rounds (like OpenAI’s) reinforce equities’ liquidity advantage, likely to limit short-term capital available for digital assets and possibly exacerbate downside pressure on crypto until investor conviction or inflows into crypto recover.
WIF is trading under pressure after high-volume selling confirmed a dominant downtrend. Intraday moves showed a 10–17% drop with 24h volume surging to about $138M, signaling distribution and heavy participation on declines. Current price is roughly $0.22. Key technicals are mixed: RSI sits near oversold (~34–44), MACD histogram shows a bullish divergence, but the price remains below the EMA20 (bearish short-term). Volume-profile places the Point of Control (POC) around $0.1799 — the critical support level. Immediate resistances lie in the $0.222–$0.2495 range; if price closes above EMA20 and clears $0.222–$0.2495 with rising volume, short-term targets include $0.3042. Conversely, a decisive break below $0.1799 would likely extend the downtrend toward $0.0916. WIF has higher beta versus BTC, so continued Bitcoin weakness increases downside risk. Trading guidance: remain cautious and wait for multi-timeframe confirmation — look for declining volume on drops and rising volume on rallies before committing; maintain strict risk controls (suggested max ~2% position risk). Analysis reflects possible Wyckoff-style re-accumulation if $0.1799 holds, but current low-quality, high-volume distribution favors a bearish bias until higher-volume evidence of accumulation appears.
Versan Aljarrah (Black Swan Capitalist) argues on X that XRP should be seen as a foundational liquidity layer rather than a speculative token. Built on the XRP Ledger, XRP offers near-instant settlement, low fees and high scalability — advantages over legacy cross-border rails like SWIFT. Aljarrah says when the market migrates toward faster, more efficient settlement systems, institutional demand will surge and retail “casual” buying will be replaced by competitive acquisition for operational access. The piece frames the opportunity as structural positioning: early holders gain exposure to critical payments infrastructure and may benefit from asymmetric upside as institutions seek limited supply. The article stresses long-term utility-driven adoption, warns this is not financial advice, and urges readers to research before investing.
XRP holders are withdrawing coins from centralized exchanges as U.S. spot XRP ETFs record cumulative net inflows above $1.24 billion since their late‑2025 launch. XRP trades near $1.29 (down ~10% week, ~31% month) and remains well below its all‑time high, but ETF-driven institutional buying has produced sustained demand — over 40 consecutive days of net inflows — tightening exchange liquidity. On‑chain metrics show 7.6 million holders globally, growing long‑term holder positions, balanced perpetual futures leverage, and reduced short‑term speculator activity. The combination of ETF accumulation and expanding DeFi use cases (e.g., Flare Networks’ FXRP and multi‑strategy vaults) is driving a shift toward long‑term conviction and self‑custody solutions; hardware wallets like Ledger Nano X are seeing renewed interest. The article highlights a potential supply squeeze on exchanges, questions whether the shift is structural or speculative, and notes retail promotions (Ledger BTC credit) that may be amplifying hardware wallet demand.
President Donald Trump announced the start of major US combat operations against Iran targeting missile sites and naval assets, prompting immediate geopolitical market jitters. Israeli PM Benjamin Netanyahu confirmed joint action; Iran reportedly launched missiles toward Israel that were intercepted. Crypto markets fell on the news: total crypto market cap slid ~4.05% to $2.21 trillion, Bitcoin dropped ~6% to ~$64,183, Ethereum fell ~5% to ~$1,872, and XRP initially dipped to $1.115 before trading near $1.44 (down ~28% month‑over‑month). Despite short‑term weakness, technical analysts highlight that XRP remains above a multi‑year ascending trendline (support since 2018) and argue the token’s long‑term bullish structure is intact. An Elliott Wave analyst (XForceGlobal) points to a breakout from a multiyear triangle and describes recent retracement as reset prior to a new bullish wave, citing Fibonacci extension targets at $4, $5, $6 (conservative) and up to $10+ in aggressive scenarios. Market watchers note historical retests of the long trendline preceded strong breakouts, with a full‑cycle theoretical extension mentioned as high as $27.6. Traders should weigh elevated geopolitical risk that can increase volatility and short‑term downside pressure against technical signs of longer‑term accumulation.
As tensions rose after U.S. and Israeli airstrikes on Iran and Iran’s missile retaliation, crypto social channels feared Iran could close the Strait of Hormuz — a chokepoint handling roughly 20 million barrels per day in 2024 — pushing oil toward $120–$150, sparking inflation and a broad market sell-off that would hit Bitcoin. Bitcoin briefly fell from ~$65,600 to $63,000 before rebounding near $65,000 while oil futures rose over 5% on some platforms. Analysts including economist Daniel Lacalle and energy expert Dr. Anas Alhajji counter that a full closure is unlikely or impractical: Iran produces about 3.3 million bpd but exports roughly half (mostly to China), the main shipping lanes lie in Omani waters, and logistical, strategic and economic constraints — plus potential offsetting output from OPEC or the U.S. — limit the chance of a sustained blockade. However, experts warn that a wider war or prolonged escalation could trigger risk-off flows, raise volatility and push Bitcoin below key supports (notably ~$60,000). For traders: expect short-term oil-driven volatility and sentiment swings; a temporary supply shock is more probable than a sustained cutoff, so position sizing, tight stops and monitoring oil and safe-haven flows are advised.
Bearish
Strait of HormuzOil pricesGeopolitical riskBitcoin BTCMarket volatility
The EU’s naval operation in the Red Sea (Operation Aspides) reported that one of its vessels received a radio transmission from Iran’s Islamic Revolutionary Guard Corps on Feb. 28 ordering that “no ship may transit the Strait of Hormuz.” The message was relayed by PANews citing CCTV via Jinshi. No further operational details, damage reports or immediate naval responses were disclosed. The report underscores rising regional military tension around a crucial oil and shipping chokepoint that could affect global energy and trade routes. Primary keywords: Strait of Hormuz, Iran radio signal, EU naval operation. Secondary keywords: shipping security, maritime tension, oil markets. This development may prompt traders to monitor oil prices, shipping insurance (war risk) premiums, and safe-haven assets as market reactions unfold.
Bearish
Strait of HormuzIranEU Naval OperationMaritime SecurityOil Markets
Ethereum co-founder Vitalik Buterin published a summary of EIP-8141, a comprehensive proposal to resolve longstanding issues around account abstraction originally discussed since EIP-86 (2016). EIP-8141 introduces "frame transactions" — a single transaction can contain multiple call frames that share calldata and can designate both an authorized sender and a gas payer. Use cases include multisig flows (validation and execution frames) and pre-deployment frames for non-existent accounts. The proposal supports gas paid in ERC-20-like tokens (e.g., RAI) via a paymaster contract that handles token transfer, execution, refunds and conversion to ETH without intermediaries. Privacy protocols can integrate by having paymasters verify ZK-SNARKs or by using a 2D nonce to allow parallel incoming transactions to a single account, removing the need for public broadcasters used by protocols like Railgun. Security measures include requiring an on-chain validation frame that returns ACCEPT and marks gas payment; the mempool will start with conservative rules and an optional aggressive mempool will be available later. EIP-8141 is designed to complement FOCIL for guaranteeing fast inclusion of complex operations. Vitalik indicated these technologies could be activated within about a year via the Hegota hard fork. The proposal advances account abstraction, token-paid gas, privacy UX, and mempool security — all relevant to Ethereum infrastructure, wallets and DeFi integrations.
A leaked phone number itself won’t steal crypto, but it often enables account takeovers by weakening recovery paths. Most SIM-swap losses follow a recovery chain: number compromise → email reset via SMS → exchange account takeover → withdrawals. The article outlines a SIM-safe recovery strategy that treats the phone number as already compromised and makes it insufficient for account recovery.
Key steps: 1) Remove SMS from email recovery — prefer passkeys, hardware security keys, and offline recovery codes; 2) Use phishing-resistant MFA for high-value accounts — passkeys and security keys first, TOTP apps only as fallback; 3) Harden carrier-level controls — add carrier PINs, enable port-out protection or number locks, require in-person verification when possible; 4) Ensure exchanges don’t rely on phone-based recovery — enable withdrawal allowlists, withdrawal delays, and require security keys; 5) Prepare a leaked-number response plan — freeze carrier changes, reset email from a clean device, revoke sessions and rotate API keys; 6) Reduce device and app attack surface — keep OS updated, use strong SIM PINs, limit app permissions and use an isolated crypto admin environment.
Common mistakes include keeping SMS on email recovery, using a single security key without backups, storing recovery codes in the protected inbox, and weak carrier verification. The recommended checklist summarizes controls across email, exchanges, carrier and devices. The aim is to break the recovery chain so a leaked number cannot be used alone to regain access or withdraw funds.
Primary keywords: SIM-safe account recovery, SIM swap, SMS risk, security keys, passkeys. Secondary keywords: email recovery, carrier hardening, withdrawal allowlist, TOTP, device isolation.
Bitcoin and Ethereum remain market anchors as traders rotate capital into high-utility DeFi protocols. BTC trades near $67.6k (market cap ~$1.32T) with $67k as key support and $69.5k resistance; ETF inflows and macro data are primary drivers. ETH trades around $2,150 (market cap >$250B), recently reclaiming $2,100 and targeting $2,300; advances in privacy (Shielded ETH) and L2 scaling are boosting institutional use and DeFi demand. Dogecoin (DOGE) trades near $0.091, up ~7% weekly, acting as a retail sentiment barometer with resistance around $0.15. Emerging utility protocol Mutuum Finance (MUTM) has raised ~$20.6M, reached Phase 3, completed Halborn and CertiK audits, and runs a V1 on Sepolia with mtTokens as interest-bearing receipts. MUTM token price reported at $0.04, community ~19k users, and a tracked total market size of $162.21M on the testnet. Mutuum’s model offers variable APYs for lenders, over-collateralized borrowing (up to ~75% LTV example), and fee-driven buybacks distributed to stakers. Market cap for crypto sits near $2.65T and sentiment shows cautious accumulation. For traders: monitor BTC $67k support and $69.5k resistance, ETH $2,300 breakout potential, funding/ETF flows, and liquidity rotation into Ethereum-based lending protocols — which could shift yield-seeking capital from spot holdings into productive DeFi assets.
CryptoQuant analyst Burak Kesmeci identifies key Bitcoin price levels traders should watch in March. The realized price — the average cost basis of all circulating BTC — sits near $54,600 and acts as a major long-term support. Short-term resistance zones include the 1–4 week realized price at about $71,600 (recent buyers’ average), the Short-Term Holder Realized Price (STH RP) near $90,800 (holders <155 days), the 365-day simple moving average at ~$98,900, and the 3–6 month realized price around $100,800. Bitcoin struggled to hold above $70K in February, peaking near $71K before reversals; at the time of reporting BTC traded near $63,696, down ~5% in 24 hours. Traders should view $54.6K as critical support — a break below could signal deeper weakness — while clearing the STH RP and the 365-day SMA would be needed to assert a bullish trend. Primary keywords: Bitcoin, Bitcoin price, realized price; secondary keywords: resistance levels, short-term holder realized price, 365-day SMA, CryptoQuant.
Ethereum (ETH) plunged roughly 9% in one session to about $1,859 following confirmed coordinated military strikes by Israel and the United States on Iran, triggering broad crypto market volatility. The news intensified after reports of Iran’s Supreme Leader being moved from Tehran and explosions in the capital. Leveraged traders faced heavy liquidations: notable social-trading account Machi Big Brother saw multiple forced liquidations after reopening a 25x long on 925 ETH, with his account reportedly falling from about $245,000 in exposure to roughly $13,000. On-chain data shows large ETH holders (addresses holding 100,000–1,000,000 ETH) have been reducing reserves over the past 90 days, with much of the outflow coming from non-exchange wallets. Price losses include about 6% over seven days and more than 37% month-to-date. Traders should watch geopolitical headlines, liquidation risk, and whale distribution: these remain active drivers of short-term volatility and may influence medium-term positioning as large holders shift exposure.
Dormant Bitcoin reactivations remain measured compared with activity seen in 2025, according to on-chain data and market observers. The report highlights a modest uptick in older BTC movements, but far fewer large-scale reactivations from long-dormant addresses than in prior years. Analysts note that while some long-held coins have been moved or spent, the overall impact on circulating supply is limited. Key metrics showed small increases in aged-coin transfers but no sustained spike in long-term holder outflows. Traders are advised to monitor on-chain signals — including spent outputs age, large transaction counts, and exchange inflows — as indicators of potential selling pressure. The story underscores that measured reactivations are not currently translating into broad market stress, suggesting stability for short-term price action, though sizeable future reactivations could alter liquidity and volatility dynamics.
PYTH trades near $0.05 and remains in a dominant downtrend across multiple timeframes. Latest notes show bearish indicators (price below EMA20, bearish Supertrend) with RSI neutral-to-bearish and a weak MACD — signalling possible short-term bounces but no confirmed reversal. Key support cluster is $0.0461 (high-probability buyer pool), with secondary supports at $0.0430 and $0.0360. Immediate resistances are $0.0471 and $0.0496; the main resistance cluster at $0.0522 must be cleared with volume to shift momentum toward $0.0731. Liquidity analysis points to smart‑money long liquidity around $0.0461–$0.0430 and potential stop‑hunt vulnerability down to $0.0360. Trading volume is relatively low, limiting conviction. PYTH shows strong positive correlation with Bitcoin (~0.85); BTC weakness toward ~$62k would likely accelerate PYTH downside to the $0.0360 area, while BTC strength above ~$65.9k–$68.2k would relieve pressure. Recommended risk management: keep stops at invalidation levels (e.g., close below $0.0455 or $0.0350 depending on timeframe), limit per‑trade risk (~1–2%), and require multi‑timeframe confirmation before taking directional positions. Short‑term stance: bearish bias until PYTH sustains a breakout above $0.0522 with volume and indicator confirmation.
Bearish
PYTHTechnical AnalysisSupport and ResistanceLiquidity HuntingBitcoin Correlation
Bitcoin sell volume surged by approximately $1.8 billion in a single hour as rising US–Iran geopolitical tensions prompted a sharp risk-off move across crypto markets. According to CryptoQuant data cited by U.Today, the spike came amid a recent pullback from near $70,000 to around $63,000, with aggressive sell orders flooding derivatives order books. The platform’s derivatives pressure index fell from roughly 30% to 18%, signaling a rapid switch to bearish positioning. Open interest remained roughly neutral over the prior 24 hours, suggesting liquidation and position reduction rather than a coordinated blowout. Market commentary notes sellers dominated as traders prioritized cutting exposure; however, some analysts flagged that one-sided selling can set the stage for a rebound. Primary keywords: Bitcoin, sell volume, derivatives, US–Iran tensions. Secondary/semantic keywords: CryptoQuant, sell-off, open interest, bearish sentiment, volatility.