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Analysts note that SUI remains near weekly trendline support, with intraday dips showing a test of bullish momentum and potential recovery. Technical analysis shows SUI retraced to its trendline after surging past $4.50, setting the stage for a V-shaped recovery if resistance holds. Indicators, including the 50 EMA and stochastic RSI, confirm oversold conditions, while high trading volume supports monitoring SUI’s potential for bullish activity.
The decline in USDT dominance indicates that capital is flowing into altcoins, setting the stage for a potential bullish rally. The formation of a Cup and Handle pattern in altcoin market capitalization suggests a 173% surge if the breakout is confirmed. Historical market trends and strong support levels reinforce the possibility of an explosive altcoin rally in the coming months.
Analysts report that SHIB maintains support at and above the important $0.000013 support level despite recent bearish trends in the market. Technical analysis indicates that a rally can be triggered by a buying pressure in the support region and can push SHIB’s price to approximately $0.000020. Bollinger Bands and Stochastic RSI levels indicate that SHIB is in a vulnerable position, and technical indicators are being followed by investors.
Seasoned investor Doctor Profit secures gains, selling BTC at $90K-$102K, warning traders against blindly chasing momentum. Bitcoin tests $94,382 resistance, with strong support at $85K-$88K, signaling a bullish trend toward the $100K milestone. The U.S. government’s 200K BTC holdings spark speculation, as traders watch for potential sell-offs or regulatory impacts.
Market data shows Litecoin’s MVRV ratio and price move in tandem, with the 200-day moving average serving as a long-term support benchmark. Technical analysis indicates the Stochastic RSI remains near oversold levels, while an upward crossover has aligned with price recoveries and market movement. On-chain data and indicators emphasize that maintaining support near $95 could help drive price movements, encouraging traders to engage in market participation.
XRP targets range from $9.7 to $27, with market cycles and historical patterns signaling a potential breakout. A confirmed breakout above $2.70 could drive XRP higher, while failure may lead to Fibonacci level retests. RSI at 65.29 shows strong buying pressure, but overbought conditions may trigger short-term volatility before a rally.
Quick Take President Trump signed an executive order late Thursday to establish a U.S. Strategic Bitcoin Reserve and Digital Assets Stockpile. While some declared it a historic moment, others felt underwhelmed and disappointed, with questions remaining ahead of Friday’s Crypto Summit.
Quick Take Sen. Elizabeth Warren wrote to Trump’s crypto czar David Sacks requesting immediate clarifications and disclosures regarding potential conflicts of interest. Warren’s letter comes as the President signed an executive order to establish a U.S. Strategic Bitcoin Reserve late Thursday.
Quick Take A “Canary Sui ETF” entity has appeared on Delaware’s registration portal. Such a registration typically signals that a fund manager is preparing to file an S-1 registration with the U.S. Securities and Exchange Commission.
- 23:29Early Bitcoin developer Amir Taaki: Cryptocurrency has failed to realize its visionTaaki stated on social media: Crypto has failed to realize its vision because no one understands the nature of power. They tried to integrate into the existing truth system, but succumbed to its ideology. Despite this, Taaki also apologized for himself, pointing out that the current state of cryptocurrency is partly due to the inability to propose convincing proposals outside the power center. "The failure is all our fault. We must organize and present a coherent vision," he assessed.
- 23:27Over the past 12 hours, more than 473 million US dollars have been liquidated, mainly in multiple ordersThe data shows that in the past 12 hours, the total amount of liquidation across the network reached 473 million US dollars, of which the amount of long position liquidations was about 427 million US dollars, and the amount of short position liquidations was approximately 46.3278 million US dollars.
- 23:26Trump: We are in discussions with four different teams about TikTokUS President Trump: We are in discussions with four different teams about TikTok; all four teams are excellent.