Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

XRP and MKR have recently recorded significant price increases, driven by strong demand, particularly from South Korean investors, and enhanced optimism across the cryptocurrency market. XRP led the rally with an 18.7% annual gain, propelled by a short squeeze and record trading volumes on Upbit, surpassing Bitcoin in 24-hour volume. Technical indicators for XRP remain positive, with bullish EMAs, an RSI of 64, and sustained positive MACD momentum. Analysts highlight that if XRP can break resistance levels at $2.72 and $3.20, it could target previous highs near $3.45 and potentially rise to $5, with $2 serving as a crucial support. MKR, the governance token of MakerDAO’s DeFi platform, has also surged, with forecasts pointing to possible gains toward $5,000 amid growing institutional interest and tokenization trends. Broader market sentiment has improved following positive geopolitical signals, such as prospects of a US-China agreement, further boosting optimism. ETFs tied to Bitcoin and Ethereum have attracted substantial net inflows—$934 million and $38.15 million respectively in the past week—indicating heightened institutional demand. Despite Bitcoin trading near all-time highs, public interest remains subdued, hinting at further possible rally potential. Traders should monitor key resistance and support levels while remaining vigilant for volatility as market momentum continues to build.

Goldman Sachs has significantly increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), growing its stake by 28% to now hold 30.8 million shares valued at $1.4 billion, according to the latest SEC filings. With this move, Goldman Sachs becomes the largest institutional investor in IBIT, surpassing Brevan Howard and Jane Street. IBIT, the leading spot Bitcoin ETF in the U.S., boasts $62.8 billion in assets under management and $44 billion in net inflows since its January launch. The expansion demonstrates rising institutional confidence in Bitcoin and positions these ETFs as integral for mainstream portfolios. Additionally, Goldman Sachs has shifted its strategy by moving away from options contracts on IBIT and Fidelity’s Bitcoin ETF (FBTC), focusing instead on direct ETF holdings. Market analysts interpret these actions as a strong endorsement of Bitcoin’s legitimacy and its potential as a store of value, which could attract more institutional and retail investors. These developments are likely to boost market sentiment, drive further inflows into Bitcoin ETFs, and potentially influence trading volumes and wider cryptocurrency adoption.

China will launch a new round of high-level trade negotiations in Switzerland on Saturday, as announced by US Treasury Secretary Bessent. While details about specific topics and participants remain undisclosed, the progress of these talks represents a significant development following earlier reports of advanced-stage trade negotiations involving major economies. Enhanced trade agreements are typically associated with improved global economic stability, which can bolster risk assets, including cryptocurrencies such as Bitcoin. For crypto traders, the involvement of China—a major player in both global trade and digital assets—may trigger shifts in market sentiment, risk appetite, and regulatory outlook. Investors should closely monitor the negotiations, as positive outcomes could lead to renewed investor confidence, greater liquidity, and stronger price movements across the cryptocurrency market.

A decentralized finance (DeFi) token priced below $0.20 initially drew attention for its potential to replicate Ripple’s price surge. This underdog sentiment has evolved as increased selling pressure hits DeFi altcoins. Notably, Solana (SOL) and Pepe Coin (PEPE) each diluted 5% of their holdings, reportedly to reallocate capital in response to the rising prominence of Coldware ($COLD), a new DeFi competitor. These developments suggest an accelerating rotation of funds within the DeFi sector, as traders look for new opportunities amid shifts in market sentiment. The dilution of SOL and PEPE may result in short-term volatility for both tokens, as the community evaluates the potential impact of capital moving into emerging DeFi projects like Coldware.

Nobel laureate Joseph Stiglitz and leading US crypto policy figures have issued warnings regarding Donald Trump’s crypto deregulation proposals, cautioning that such actions could turn the United States into the world’s largest tax haven. During the Trump administration, measures such as suspending business ownership data collection, withdrawing from international tax cooperation, loosening cryptocurrency regulations, and reducing anti-money-laundering enforcement contributed to declining financial transparency. Investors have also criticized related tax proposals, concerned about their potential to expand and impact broader asset transfers. Recent developments—including the executive order to create a US strategic crypto reserve and the nomination of a crypto-friendly SEC chief—have intensified worries about a surge in untraceable crypto transactions and illicit financial activity. Stiglitz argues that deregulation could enable underregulated crypto exchanges, online casinos, and anonymous trading platforms, increasing risks of money laundering and tax evasion. While these moves may briefly benefit crypto traders seeking fewer restrictions, they threaten long-term financial stability and undermine confidence in the US financial system. Additional policies like IRS staffing cuts and corporate tax breaks may result in an estimated $2.4 trillion tax revenue shortfall over ten years. With over 50 nations advancing a 15% corporate tax minimum, Stiglitz suggests the US strategy may ultimately backfire. For crypto traders, the short-term upside from deregulation could be outweighed by long-term instability, stricter global tax enforcement, and reputational risk to both the US and the broader crypto industry.

Bitcoin’s price has recently surged to a 45-day high with significant activity in perpetual contracts, reaching $94,142.5, while spot prices hit $92,737.30. This movement indicates heightened speculation and interest in derivative markets, driven potentially by market optimism and large-scale trades. Despite the price increase, there remains caution as the futures market shows only a 6% annualized premium, reflecting neutral sentiment. Economic factors, such as US trade relations and Federal Reserve policies, impact investor confidence. Traders should monitor the gap between spot and derivative prices, as it signals varying sentiments and leverage effects. COINOTAG NEWS suggests staying informed and conducting independent research before making investment decisions.

U.S. Congresswoman Maxine Waters has raised concerns about the potential risks related to Elon Musk’s DOGE team gaining access to sensitive SEC data. While the initial discussions focused on the possible granting of access, the SEC has ultimately denied DOGE’s request, signaling a strong stance on regulatory enforcement and transparency in the cryptocurrency sector. This represents an expanding scrutiny over organizations operating within the crypto space, reflecting a broader regulatory environment that may either support or hinder institutional adoption and affect the dynamics of digital asset investment.

U.S. lawmakers are emphasizing the urgent need for reforms in securities laws to effectively regulate the cryptocurrency market. Senator Kirsten Gillibrand and Cynthia Lummis are spearheading a legislative push with their ’Responsible Financial Innovation Act’, which particularly focuses on stablecoins, a critical entry point for regulation due to their need for clear reserve and transparency guidelines. Without this legislation, risks of market disruptions, akin to the FTX collapse, persist. With the anticipated introduction of the first formal bill by 2025, there is a strong push for categorizing digital assets into commodities, securities, or collectibles, using a multi-agency review system to prevent misuse and protect investors. The legislative effort also aims to shield the U.S. market from foreign stablecoins, notably from China, that could destabilize the economy. This regulatory framework aims to balance innovation support with ensuring safety and consumer protection, positing the U.S. as a leader in the digital financial sector.

Kamala Harris, a Democratic presidential candidate, has outlined several policies influencing the crypto market ahead of the 2024 U.S. election. Initially, Harris proposed nominating Mark Cuban as head of the SEC and developing clearer crypto regulations. Recent analysis suggests her unclear stance and potential alignment with Biden’s anti-crypto policies may not significantly affect Bitcoin but could introduce short-term volatility. Concerns include a potential exodus of crypto companies from the U.S. due to stricter regulations, though bolstered global liquidity under a Harris administration might support crypto prices. Observers continue to speculate on Harris’s impact, focusing on U.S. regulatory influence on a global scale.

Bitcoin is currently facing significant selling pressure due to macroeconomic uncertainty and recent U.S. tariff announcements. The cryptocurrency has been trading between $81,000 and $86,000, facing key resistance at $84,800 and finding support near $81,000. A ’Dead Cross’, marked by the Bitcoin Realized Price Model, indicates that the market correction phase could persist for about 57 more days, having been active for 28 days already. Analyst Bilal Huseynov suggests Bitcoin could drop to $75,000 if the signal remains, while Axel Adler points out the importance of tracking realized prices of new investors versus long-term holders. Despite these bearish indicators, long-term holders exhibit confidence, evident from a stable Coin Days Destroyed metric, suggesting low selling pressure among seasoned investors. The historical average of correction phases is 85 days, and the market is experiencing low volatility with potential for upward momentum if the $81,000 support holds.

U.S. Senator John Kennedy questioned SEC Chairman nominee Paul Atkins about rumors of a presidential pardon for FTX founder Sam Bankman-Fried (SBF) during a Senate Banking Committee hearing. Concerns arose over SBF’s parents seeking clemency and their financial ties to Stanford University. Simultaneously, Senator Ted Cruz proposed a bill to prevent the Federal Reserve from creating a central bank digital currency (CBDC), citing privacy concerns. Meanwhile, in South Korea, a court temporarily lifted a suspension on cryptocurrency exchange Upbit, enabling it to attract new clients amid allegations of KYC violations. These developments draw attention to the evolving regulatory landscape and its implications for the crypto market.

Bank of America (BofA) is working on obtaining regulatory approval to issue its own USD-pegged stablecoin, aiming to enhance digital transaction efficiency and expand client offerings. However, this move is met with skepticism from crypto leaders like Bitwise CIO Matt Hougan, who doubts traditional financial institutions’ ability to dominate the stablecoin market. The crypto community is split: some view BofA’s initiative as a step towards broader crypto adoption, while others worry it mirrors central bank digital currencies (CBDCs). The distinction between bank-issued stablecoins and CBDCs has been emphasized, particularly regarding liability differences. Concerns also arise about the impact on existing stablecoin providers like Tether, amid rumors of new regulations targeting it. These developments are part of a broader U.S. strategy to strengthen the dollar’s dominance via legal stablecoins, even as CBDCs remain banned.

As Ripple (XRP) faces an ongoing legal struggle with the SEC, causing investor uncertainty, and Solana (SOL) grapples with frequent network outages, Rexas Finance (RXS) emerges as a promising alternative in the crypto investment landscape. Focused on asset tokenization supported by innovative tools and strong community engagement, Rexas Finance has raised over $44.5 million in its presale. It is set to debut on major exchanges, offering a community-driven approach with a focus on security and accessibility. Traders may view Rexas Finance as a more stable option in the volatile cryptocurrency market, given the unique challenges faced by Ripple and Solana.

The future of Cardano (ADA) and Chainlink (LINK) appears promising, with expectations of substantial growth by 2025. Cardano, with its expanding ecosystem and increased investor interest, could see significant price and market value increases. Chainlink is anticipated to potentially quadruple in value to $100, driven by strategic partnerships like those with Trump’s World Liberty Financial initiative. Despite LINK’s volatility in 2024, experts remain optimistic about its 2025 prospects due to its pivotal role in connecting smart contracts with real-world data. Additionally, Remittix (RTX) is emerging as a noteworthy altcoin, offering low-cost, fast international transactions and gaining investor interest during its presale. While growth forecasts are optimistic, traders should be mindful of market volatility affecting ADA, LINK, and RTX.

Blum has announced a delay in the launch and airdrop of its $BLUM token to ensure the development of strong use cases and prevent potential devaluation. Recognized by Binance’s BNB Chain and supported by Binance Labs, Blum aims to introduce $BLUM as a utility token within an upcoming comprehensive trading app, featuring trading bots and multichain capabilities. The airdrop is planned once the app is fully operational. Meanwhile, Blum continues to operate a popular tap-to-earn game on Telegram, with 23 million players, offering a way to engage with cryptocurrency mechanics without initial investment. User excitement is balanced with their concerns over transparency and delayed token availability.

Charles Hoskinson, founder of Cardano, has unveiled plans to integrate Bitcoin into a decentralized finance (DeFi) ecosystem by 2025, aiming to combine Bitcoin’s liquidity with advanced DeFi tools. Partnering with Fairgate Labs, Hoskinson’s firm Input Output Global seeks to enhance cross-chain transactions using zero-knowledge cryptography. The initiative includes developing Rollblock’s privacy-focused, multicurrency staking features, which have attracted significant presale investments. The rollout seeks to utilize Bitcoin’s strong investor support, recently highlighted by a $23 billion accumulation, marking a key support zone between $96,000 and $100,000. Cardano’s recent incorporation of a privacy-focused sidechain reflects its multichain strategy, although ADA has faced price drops due to large holder sell-offs. The project promises potential benefits for Rollblock’s early backers as it expands Cardano’s DeFi capabilities.

Ethereum (ETH) is exhibiting strong bullish momentum, driven by substantial institutional accumulation, increasing ETF inflows, and improving regulatory clarity. Recent data shows that major institutions, including BlackRock, have sharply increased their ETH holdings, with spot Ethereum ETFs registering four consecutive weeks of net inflows, bringing total ETF holdings to 3.77 million ETH. Last week, Ethereum investment products saw $296 million in net inflows, sharply contrasting with Bitcoin’s $56.5 million outflows. Technical indicators highlight a 7% price rebound over the past 24 hours to $2,686, testing key resistance levels and pointing to a pattern of hidden bullish divergence above significant moving averages. Additionally, the ETH/BTC trading pair is heavily oversold, suggesting potential upside versus Bitcoin. Regulatory signals from the U.S. SEC, including support for crypto asset self-custody and calls for DeFi regulation, have further boosted investor confidence. With Ethereum’s leadership in the DeFi sector—owning $63 billion TVL and $124 billion in stablecoin market cap—these combined factors are supporting short-term price targets of $2,800–$3,600. However, traders should monitor ongoing regulatory changes that may impact the market.

Hedera’s HBAR token is under heavy selling pressure, with technical analysis pointing to a potential 27% decline and network metrics indicating shrinking user activity and transaction fees. Stablecoin supply on the Hedera network has plunged, total value locked (TVL) has more than halved since June 10, and DeFi protocols continue to underperform. HBAR’s recent rejection at the $0.208 resistance reinforces a bearish outlook, with short-term targets between $0.185 and $0.180, and further downside possible unless key resistance levels are reclaimed. Meanwhile, Ethereum (ETH) remains range-bound despite spot ETF inflows of $248 million last week. Persistent shorting in futures markets is counteracting bullish spot demand, keeping ETH around $2,550 and up less than 1%, as traders watch to see if current support will hold. In contrast, BlockDAG (BDAG) has attracted increasing trader attention, with its presale raising over $291 million and more than 22.1 billion tokens sold. A temporary token price drop to $0.0018 until June 13 has accelerated demand, and with targets of $0.05 for listing and optimistic forecasts reaching $1 in the future, BDAG is seen as delivering stronger performance compared to HBAR and ETH amid the current market uncertainty. As a result, trader sentiment is shifting away from established assets to emerging opportunities such as BlockDAG’s presale. Key trends include declining stablecoin participation, DeFi underperformance, and a migration of speculative capital towards projects with high perceived upside.

Since the US ’Liberation Day’ tariff announcement, Bitcoin has shown strong outperformance against both the Nasdaq 100 Index and the US dollar. Head of Research at CoinShares, James Butterfill, highlighted Bitcoin’s 15.9% lead over the Nasdaq, underscoring its appeal as a decentralized digital asset. Investors are increasingly favoring Bitcoin and other cryptocurrencies amid inflation concerns and global economic uncertainty, viewing them as a hedge against fiat currency devaluation and risks in traditional financial systems. Institutional adoption continues to rise, intensifying the shift in market sentiment. Crypto traders interpret Bitcoin’s relative strength as an indicator for potential further price gains, particularly as confidence in fiat and equity markets faces ongoing pressure. The evolving role of cryptocurrencies in diversified portfolios is becoming more pronounced.

Recent analysis highlights several altcoins—including Qubetics ($TICS), SUI, and NEAR Protocol—as top choices for crypto traders seeking strong blockchain projects heading into the next anticipated bull run. Qubetics leads due to its cross-chain technology, non-custodial multi-chain wallet, and the AI-powered QubeQode IDE that simplifies decentralized app (dApp) development, expanding blockchain access and community involvement. The Qubetics presale, currently in its later stages at $0.3370 per token, has raised over $17.7 million and is attracting bullish sentiment through reduced supply and developer-focused innovation, with analysts projecting significant post-mainnet price growth ($5-$15). Other recommended projects include SUI, which utilizes an object-centric data model and Move language for parallel transaction processing, supporting DeFi, NFTs, and games; and NEAR Protocol, recognized for user-friendly wallets, sharding scalability, and Ethereum interoperability via its Rainbow Bridge. Additional projects from earlier analysis—such as Bitcoin Cash (BCH), Stacks (STX), Tron (TRX), Toncoin (TON), Stellar (XLM), and Tezos (XTZ)—were noted for strong fundamentals in payments, content decentralization, and blockchain interoperability. With technological innovation, developer momentum, and market readiness, these altcoins represent strategic opportunities for traders aiming to capitalize on blockchain advancements and the next crypto market upswing. Traders are advised to conduct thorough research and consider personal risk tolerance before investing.

Bitcoin’s Market Value to Realized Value (MVRV) Ratio has recently fallen below its 200-day simple moving average (SMA), a move often seen as a bearish signal by traders and on-chain analysts. Historically, such a crossover has corresponded with the start of downward price trends for Bitcoin. The MVRV Ratio provides insight into collective investor profit and loss by comparing market capitalization to realized capitalization, reflecting the price each coin last moved on the blockchain. As of the latest data, Bitcoin (BTC) is trading above $104,000 after a recent rebound, but technical indicators—including the shifting MVRV Ratio—indicate growing investor uncertainty and the potential for elevated selling pressure. Analysts identify the $98,000–$101,000 support zone as critical; a drop below this band could trigger a swift correction toward $90,000. Despite weak daily signals, weekly and monthly charts remain bullish, and Bitcoin’s dominance has increased to over 64%, suggesting ongoing investor preference compared to altcoins. Traders should closely monitor the MVRV Ratio and key support levels, as further declines could increase downside risks for Bitcoin in the short to medium term.

USDC, issued by Circle, has seen significant growth in both supply and transaction volume, reflecting increasing demand and shifting usage patterns. Between 2020 and 2025, USDC’s circulating supply expanded from under $3 billion to over $61 billion, with a notable 100 million USDC net increase in the week ending June 5. Circle maintains reserves exceeding $61 billion, providing strong backing for the stablecoin. Recent data reveals a pivot in transaction activity from Solana to Ethereum and the Base network, likely driven by evolving blockchain infrastructure and user preferences. USDC now accounts for around 30% of the stablecoin market, and its rising supply and active use underscore its vital role in providing liquidity and stable trading pairs in the cryptocurrency market. Traders should closely monitor USDC supply trends, as increases typically indicate heightened market confidence and activity.

Ethereum network fees have surged significantly, rising by 12.2% over the past week to reach $11.05 million, according to on-chain analytics firm Sentora. This spike is attributed to an increase in decentralized finance (DeFi) activity, with higher transaction volumes across major protocols such as Uniswap, SushiSwap, Aave, and Compound. Although the surge in Ethereum fees is notable, levels remain below the historic highs seen during previous bull markets or peak NFT trading periods. Elevated fees indicate robust network demand and heightened investor participation, which could signal wider market trends and shifting trading strategies. However, rising fees also make smaller transactions less cost-effective, leading users to explore Layer 2 scaling solutions like Arbitrum, Optimism, and Polygon (PoS) for lower costs and faster settlement. Persistent high fees may accelerate user migration to alternative blockchains or scaling options, potentially impacting long-term user engagement. Crypto traders should monitor Ethereum fee trends closely, as changes in on-chain activity and network costs offer valuable signals for market sentiment, trading strategies, and possible shifts within the DeFi and NFT ecosystems.

Solana (SOL) has recorded a substantial increase in its Coin Days Destroyed (CDD) metric, signaling that long-dormant coins have begun to move in large volumes. Recent data from analytics firm Glassnode reports over 3.55 billion coin days destroyed, ranking as one of the largest spikes of 2024. Previous notable CDD surges in late February and early March coincided with periods of heightened market volatility and suggested profit-taking or repositioning by long-term holders. Historically, such activity often signals potential bearish pressure on Solana’s price, as savvy investors may be distributing their holdings into the market. Currently, SOL is trading around $153.9, down more than 10% for the week, indicating a shift in sentiment among long-term investors. Despite the negative short-term price action, Solana’s blockchain fundamentals remain robust, with strong user engagement and high transaction volumes supporting its ecosystem. Crypto traders should closely monitor on-chain movements and CDD data for further signals of potential price volatility or additional sell-offs, as these patterns have previously led to intensified market reactions.

Toncoin (TON) has been trading in a narrow sideways channel, with price fluctuating between a key support at $2.80 and resistance at $3.40 since early April 2025. Most recently, TON experienced a brief technical breakdown below $3.16 and failed to sustain gains above $3.22, signaling persistent selling pressure and bearish momentum. The presence of lower highs, lower lows, and double top patterns indicates the market is indecisive, with limited bullish or bearish conviction. Both articles highlight the absence of significant news or external catalysts impacting Toncoin’s price action. Technical signals show horizontal moving averages and frequent doji candlesticks, emphasizing a lack of clear trend. Market analysts suggest that a sustained move above $3.40 could signal a bullish breakout, while a drop below $2.80 may trigger further declines. For now, TON remains rangebound, and traders are closely monitoring for a decisive breakout or breakdown before making large moves. As always, crypto investors are advised to conduct their own research before trading.

Binance has welcomed the U.S. Securities and Exchange Commission’s (SEC) decision to dismiss its long-standing lawsuit against the exchange and founder Changpeng Zhao, calling the move a major victory for the crypto industry. The original lawsuit, filed in June 2023, accused Binance of securities law violations, including misuse of customer assets and listing unregistered securities like Solana (SOL) and Cardano (ADA). On May 29, the SEC, Binance, and Zhao filed a joint motion to dismiss the complaint, amid a broader easing of enforcement actions against major crypto firms such as Coinbase, OpenSea, and Tron’s Justin Sun. The dismissal comes as the Trump administration signals a more crypto-friendly regulatory approach, highlighted by the appointment of Paul Atkins as SEC Chair and the launch of a Crypto Task Force led by Hester Peirce. Binance CEO Richard Teng emphasized this regulatory shift supports U.S. crypto innovation and positions the country as a global digital asset hub. Traders should note that these developments are expected to improve regulatory clarity and boost market confidence, potentially encouraging increased trading activity in both institutional and retail segments.

Bitcoin (BTC) has exhibited significant technical developments recently, drawing attention from traders and analysts. Initially, veteran technical analyst John Bollinger identified a potential W-bottom pattern forming against the US dollar, indicating the possibility of a bullish reversal if Bitcoin broke above critical resistance levels around $90,000. Early consolidation near $74,000 and declining trading volume hinted at decreased selling pressure, with the Bollinger Bands signaling elevated volatility. In a subsequent analysis as Bitcoin surged toward $88,000, Bollinger highlighted a new technical formation: the ’Three Pushes to a High’ pattern. This structure, marked by three consecutive upward moves with diminishing momentum, suggests waning buying enthusiasm and an overheated market. Historically, such patterns have preceded trend exhaustion, consolidation, or corrective pullbacks, especially near key resistance. Despite ongoing strong institutional interest and a mixed altcoin environment, the outlook remains uncertain. Crypto traders should closely monitor momentum signals, adjust risk management strategies, and await confirmation of a reversal or continued consolidation. While Bitcoin’s long-term fundamentals remain robust, the emergence of these technical warnings calls for heightened caution in the short term. As both the W-bottom and ’Three Pushes to a High’ patterns gain prominence, risk-aware positioning is advised amid current market uncertainty.

Shiba Inu (SHIB) and Ozak AI (OZAK) are in the spotlight among crypto traders for their notable growth potential and evolving market narratives. SHIB, a leading meme coin with a strong community, aspires to reach the $0.01 milestone by expanding use cases in DeFi, NFT, and gaming. However, experts have raised concerns over this target due to SHIB’s extraordinary token supply and intense competition in the memecoin sector, requiring significant supply burns and ongoing community enthusiasm to make substantial price gains. Meanwhile, Ozak AI emerges as a novel project integrating artificial intelligence with DeFi, aiming to differentiate itself with predictive trading analytics and advanced tools for crypto investors. OZAK targets $1 by 2025, and its smaller market cap and innovative approach to AI-powered trading suggest higher upside potential if adoption accelerates. The latest updates indicate growing investor interest in AI-driven cryptocurrencies, highlighting Ozak AI’s rising traction among early adopters. Traders are advised to weigh the established presence of SHIB against the disruptive potential of Ozak AI, with attention to the risks and rewards linked to each project’s technology, adoption rate, and market sentiment. Both tokens reflect ongoing market trends: meme coin volatility and the increasing integration of AI in cryptocurrency trading.

Bitcoin’s market sentiment has shifted notably, with the widely tracked Sentiment Index plunging from ’Extreme Greed’ to ’Neutral’. This change follows an earlier period of cautious optimism identified by on-chain metrics such as the Combined Market Index (BCMI) SMA rebound and improved valuation ratios, which suggested early stages of accumulation and network health. However, following a strong price surge, investor enthusiasm has cooled due to concerns of market overextension and uncertain macroeconomic signals. Profit-taking has increased and market participants are reassessing positions, as shown by declining sentiment and heightened short activity. Historically, sharp drops like these in the sentiment index often precede increased price volatility and can signal corrections or trend reversals. Analysts recommend traders exercise caution, as the neutral reading implies possible pauses in upward momentum and a higher risk of short-term corrections. Overall, while fundamentals are improving, market optimism remains cautious and traders should prepare for potential volatility.