The heaviest resistance sitting above Bitcoin&#8217;s current price isn&#8217;t a round 
number or a chart pattern — it&#8217;s the break-even point of millions of holders 
who bought in during the past year and are still underwater. Related Reading: 
Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days One 
Level Controls The Narrative A CryptoQuant market expert says the &#8220;bottom is 
in&#8221; crowd is getting ahead of the data. According to the analyst, Bitcoin must 
reclaim $88,880 and hold it before any bottom call can be treated as credible. 
Simply touching that level won&#8217;t cut it. The price needs to close above it and 
stay there — otherwise, the rally is just noise. The reasoning centers on 
realized price bands, a metric that tracks the average cost basis of different 
groups of holders. Three cohorts are currently sitting above Bitcoin&#8217;s spot 
price, meaning they bought in at higher levels and are waiting to get back to 
even. &#8220;The bottom is in.&#8221; Everyone&#8217;s saying it “For the bottom to be 
confirmed, price needs to clear 88.88K and hold &#8211; not wick through, not retest 
and fail. That puts the most recent cohort back in profit and removes the 
first layer of sell pressure.” – By @IT_Tech_PL pic.twitter.com/woRJLa6UTs — 
CryptoQuant.com (@cryptoquant_com) May 7, 2026 The first group — holders from 
three to six months ago — has a realized price of $88,880. Those who held for 
12 to 18 months are sitting at $93,400. The largest and most worrying group, 
holders from six to 12 months ago, has a cost basis of $111,800 — close to 30% 
above where Bitcoin was trading when the analysis was published. When Bitcoin 
climbs back toward those levels, many of those holders are expected to sell. 
They&#8217;re not looking for profit. They just want out. Why The $60,000 Low 
Sparked Bottom Calls Earlier this year, Bitcoin fell to around $60,000 in 
February — a drop of roughly 52% from its all-time high of $126,200. Since 
then, the price has climbed more than 37% without setting a new low. That 
recovery is what fueled the bottom narrative. With no fresh lows on the chart, 
many market watchers concluded the worst was behind Bitcoin. The Fear and 
Greed Index backed up the improving mood. Reports show the index climbed from 
a near-maximum fear reading of five in February all the way to 47 — a neutral 
reading that signals the market has stabilized compared to its earlier panic 
state. Related Reading: XRP Market Now Controlled By Whales? Dominance Reaches 
91% On Binance Data Over Sentiment IT Tech&#8217;s sharpest point came at the end of 
the analysis. Bottom calls, the analyst wrote, are narratives. Reclaiming and 
holding $88,880 is data. At the time of the analysis, Bitcoin was trading near 
$80,250. That puts the key confirmation level roughly $8,000 away. Until that 
gap closes — and holds — the analyst says the market structure still favors 
caution over confidence. Featured image from DALL-E, chart from TradingView

Bitcoin Bulls Need One More Signal To Confirm Market Bottom – Details

The Hyperliquid Policy Center (HPC) praised Securities and Exchange Commission 
(SEC) Chair Paul Atkins on Friday for what it described as an ambitious effort 
to improve clarity for on-chain markets. SEC’s On-Chain Guidance Agenda 
Atkins’ remarks centered on four key areas where he said the Commission should 
provide more guidance on how regulatory principles translate into the context 
of on-chain activity. He said that participants should have a clear sense of 
how on-chain trading systems can function within the regulatory perimeter. 
Looking ahead, he noted that while the SEC may consider a limited “innovation 
pathway” soon, he also argued the agency should think about what a future- 
proof framework could look like. In his view, that framework would take the 
form of notice-and-comment rulemaking, and it would specifically address how 
the SEC’s “exchange” definition applies to on-chain trading systems. Related 
Reading: Hyperliquid Q1 Report—The ‘House Of All Finance’ Is Nearer Than Ever, 
Here’s Why The SEC chair also pointed to the need to clarify how the broker 
and dealer framework would apply to these activities. He said the Commission 
should examine issues raised in a recent staff statement on software 
interfaces, and he suggested that this policy initiative could involve notice- 
and-comment exemptive rulemaking. A third area of emphasis was the definition 
of a “clearing agency” as it applies to on-chain clearing and settlement. 
Atkins said rulemaking may be necessary to confirm which general-purpose 
activities fall outside that definition. Finally, Atkins called for additional 
clarity surrounding what are commonly referred to as “crypto vaults.” He 
described crypto vaults as on-chain software applications that allow users to 
earn yield passively by deploying their assets into yield-generating 
opportunities on-chain. He said the Commission should address the relevant 
Securities Act and Advisers Act touch-points as it considers these policy 
initiatives. Why Hyperliquid Policy Center Finds It Promising Atkins concluded 
by saying the SEC will keep moving forward to accommodate markets moving on- 
chain. At the same time, he reiterated his call for Congress to send the 
CLARITY Act to President Trump’s desk. He argued that while the SEC intends to 
“future-proof” its efforts through notice-and-comment rulemaking, there is “no 
more powerful” future-proofing mechanism than enshrining well-designed 
statutory language in law. The Hyperliquid Policy Center, led by Jake 
Chervinsky, said it was encouraged by Atkins’ approach of mapping on-chain 
clearing and settlement systems to existing legal frameworks “on their own 
terms,” rather than forcing them into legacy categories built for legacy 
architecture. Related Reading: JPMorgan Says Strategy Could Buy Up To $30B In 
Bitcoin This Year– TD Cowen Lifts Target To $395 The Hyperliquid Policy Center 
also called on-chain clearing and settlement “one of the most significant 
financial infrastructure innovations of our generation,” and it said it views 
the chairman’s stance as a constructive step toward regulatory alignment as 
on-chain systems continue to evolve. At the time of writing, the Hyperliquid 
platform&#8217;s native token, HYPE, was trading at $42.98, marking a 2% increase 
over the last 24 hours. Currently, the Hyperliquid token is trading at almost 
27% below its all-time high of $59, which was reached last year. Featured 
image created with OpenArt, chart from TradingView.com

Hyperliquid Policy Center Praises SEC Chair Atkins’ On-Chain Agenda Featuring 4 Key Proposals

Bitcoin is facing resistance after weeks of upside that carried it 
significantly above the lows that defined the worst of the correction. The 
recovery had been building momentum — and today that momentum met a specific 
kind of obstacle that XWIN Research Japan has analyzed in detail, with 
findings that change how the decline should be read. Related Reading: Bitcoin 
Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics 
Bitcoin briefly fell below $80,000 today. Ethereum dropped under $2,300. More 
than $90 billion was erased from the combined crypto market cap from recent 
highs, with approximately $331 million in liquidations over the past 24 hours 
— nearly $100 million of that occurring within a single two-hour window. The 
speed and scale of the move created the kind of alarm that typically 
accompanies a macro shock. But the macro environment did not produce this 
decline. The S&amp;P 500 and NASDAQ remained near record highs throughout the same 
period. Traditional equities did not sell off. Risk appetite in broader 
markets did not deteriorate. The forces that drove Bitcoin below $80,000 were 
not external. According to XWIN Research Japan, the decline was driven 
primarily by internal crypto market structure — specifically the combination 
of leverage positioning that had accumulated during the recovery and profit 
realization from holders who had returned to profitability after weeks of 
recovery. The market did not break because of what was happening outside it. 
It broke because of what had been building inside it. The Rally Created the 
Conditions for Its Own Interruption The XWIN Research Japan report identifies 
the specific mechanism behind the decline with precision. On May 4, Bitcoin 
profit-taking reached 14,600 BTC in a single day — the highest level since 
December 2025. The 37% recovery from April lows had returned a significant 
cohort of investors to profitability, and many of them chose to act on that 
recovery simultaneously. The Short-Term Holder SOPR reaching 1.016 and 
remaining above 1.0 since mid-April confirmed the pattern: recent buyers were 
selling at a profit, and they had been doing so persistently rather than as a 
one-day event. The behavioral dynamic behind the selling adds the human 
dimension. Between February and March 2026, many short-term traders were 
sitting on losses of 20% to 30%. April&#8217;s rebound did not just recover prices — 
it recovered those participants&#8217; financial positions. Historically, that 
recovery from loss to break-even or profit is one of the most reliable 
triggers for renewed selling pressure. Participants who endured weeks of 
losses tend to exit the moment the market gives them the opportunity. The 
leverage dimension accelerated what profit-taking started. Long liquidations 
intensified the downside momentum as derivatives positions unwound alongside 
spot selling, amplifying a move that began with profit realization into 
something considerably sharper. The constructive element XWIN Research Japan 
preserves is the exchange inflow data. Large holder deposits remain relatively 
muted — suggesting the participants with the most coins and the most strategic 
patience have not yet begun aggressive distribution. That distinction 
separates a leverage-driven correction from a structural top. Bitcoin is at a 
genuine crossroads: the data supports either an early-stage bullish recovery 
with leverage now cleared, or the late phase of a bear market rally 
approaching its natural exhaustion. Related Reading: XRP’s Biggest Holders 
Just Stopped Sending Tokens to Exchanges: Last Time Was November 2021 Bitcoin 
Stalls Below Resistance As Recovery Meets Supply Bitcoin is trading near 
$80,200 on the daily chart, holding just below a resistance zone that has 
repeatedly capped upside since the initial breakdown earlier this year. The 
recovery from the February low near $60,000 remains structurally intact, with 
price forming a sequence of higher lows and steadily reclaiming short- and 
mid-term moving averages. The 50-day and 100-day moving averages have both 
turned upward and are now acting as dynamic support in the $72,000–$75,000 
region. This confirms that the trend has shifted from bearish to neutral-to- 
bullish in the short term. However, the 200-day moving average continues to 
slope downward above price, reinforcing the $80,000–$82,000 range as a 
critical supply zone. Related Reading: Bitcoin Reclaims $80K, And $93K Comes 
Into Focus — Discover The CME Gap Setup Recent price action shows slowing 
momentum. Candles are compressing beneath resistance, and volume has not 
expanded meaningfully during the latest push. This suggests that while buyers 
remain present, they are not yet strong enough to force a decisive breakout. 
If Bitcoin clears $82,000 with conviction, it would confirm continuation and 
open the path toward higher levels. If rejection persists, the market is 
likely to rotate back toward support, with $75,000 as the first level to watch 
and deeper demand forming closer to $70,000. Featured image from ChatGPT, 
chart from TradingView.com

14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K

The convergence of rising stocks, gold, and Bitcoin amid peace hopes 
highlights shifting investor strategies and evolving asset roles.
The post US government peace hopes boost stocks, gold, and Bitcoin as crude 
sinks appeared first on Crypto Briefing.

US government peace hopes boost stocks, gold, and Bitcoin as crude sinks

A crypto analyst has highlighted how the Tom Demark (TD) Sequential has given 
a buy signal for XRP following its latest pullback. XRP Has Seen A TD 
Sequential Signal On Its 4-Hour Chart In a new post on X, analyst Ali Martinez 
has shared a TD Sequential signal that has appeared in the 4-hour price of 
XRP. The &#8220;TD Sequential&#8221; here refers to an indicator from technical analysis 
(TA) that&#8217;s generally used for pinpointing potential locations of reversal in 
an asset&#8217;s price. Related Reading: XRP Network Quiet: Adoption &amp; Activity 
Plunge From 2024 Peak The indicator involves two phases. In the first phase, 
called the setup, candles of the same color are counted up to nine. Once these 
nine candles, which don&#8217;t have to be consecutive, have been printed on the 
chart, the TD Sequential flashes a reversal signal. Naturally, if the candles 
leading up to the setup&#8217;s completion were green, then the signal acts as a 
bearish one, while them being red implies a possible bottom formation. After 
the setup is over, the second phase, known as the countdown, picks up. This 
phase works pretty similarly to the first one, with the only difference being 
that it involves a total of thirteen candles, not nine. Following the end of 
the countdown, the price is assumed to have arrived at another point of trend 
exhaustion. Now, here is a chart that shows the TD Sequential signal that has 
emerged for XRP on the 4-hour timeframe recently: As displayed in the above 
graph, the XRP 4-hour price has just seen the emergence of a TD Sequential 
setup. This signal has arrived as the cryptocurrency has dropped more than 4% 
from its $1.45 high. Since the candles involved have been red ones, the 
setup&#8217;s completion suggests that a bullish reversal could happen next for the 
asset in the short term. &#8220;To me, this suggests the local exhaustion is over, 
and XRP is ready to rebound,&#8221; said Martinez. The analyst noted that the TD 
Sequential has been accurate at anticipating trend shifts in the token 
recently. One example of this is visible in the chart; the $1.45 high from 
earlier this week coincided with a sell signal in the indicator. Related 
Reading: Bitcoin Reclaims Short-Term Holder Cost Basis—What It Means &#8220;I’m 
looking for a move back toward the $1.45 resistance, with a secondary target 
of $1.80 once we clear the overhead supply,&#8221; added Martinez. It now remains to 
be seen whether the signal will pay off for the cryptocurrency or if the 
bearish trend will continue in the near future, invalidating the setup. XRP 
Price At the time of writing, XRP is trading around $1.39, down 1.5% in the 
last 24 hours. Featured image from Dall-E, chart from TradingView.com

XRP Pulls Back, But TD Sequential Flashes Buy Signal

The US-Iran confrontation heightens geopolitical tensions, impacting global 
oil prices and financial markets, with Bitcoin&#8217;s volatility reflecting 
investor anxiety.
The post US strikes two empty Iranian oil tankers as Bitcoin sheds $58 billion 
in market cap appeared first on Crypto Briefing.

US strikes two empty Iranian oil tankers as Bitcoin sheds $58 billion in market cap

Strategy&#8217;s shift to a flexible Bitcoin strategy could stabilize shareholder 
returns, impacting market dynamics and investor expectations.
The post Strategy CEO Phong Le highlights Bitcoin&#8217;s value for selective sales 
appeared first on Crypto Briefing.

Strategy CEO Phong Le highlights Bitcoin’s value for selective sales

Rising Bitcoin ETF outflows and liquidations signal short-term caution, but a 
weak DXY and the eventual appointment of a new Fed chair could resume the 
rally.

Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

Data shows the XRP blockchain has seen a steep drop in metrics related to 
activity and adoption, indicating that the earlier speculative wave has faded. 
XRP New Addresses &amp; Active Supply Have Both Plummeted In a new post on X, on- 
chain analytics firm Glassnode has talked about the latest trends in the new 
addresses and monthly active supply of XRP. The former metric is a measure of 
the daily total number of wallets coming online on the blockchain for the 
first time, while the latter tracks the amount of the cryptocurrency&#8217;s supply 
that became involved in at least one transaction over the past month. Related 
Reading: Bitcoin Reclaims Short-Term Holder Cost Basis—What It Means First, 
here is a chart that shows how the number of new addresses has fluctuated on 
the XRP network over the last few years: As displayed in the above graph, the 
7-day average number of new addresses popping up on the XRP network shot up to 
a peak in late 2024. This massive spike in the metric appeared alongside a 
sharp bull rally for the cryptocurrency. Thus, it would appear that the 
bullish momentum was accompanied by a surge in adoption. From the chart, it&#8217;s 
visible that what followed the explosive influx of new investors was a 
significant cooldown in the metric during 2025. Adoption still saw some 
spikes, but they were of a notably lower level than the December 2024 high. In 
2026, the decline in the indicator has only furthered. Today, there are just 
2,700 new addresses joining the network every day. This reflects a drop of 85% 
compared to the December 2024 peak, when the metric reached a value of 18,000. 
Adoption isn&#8217;t the only metric that has slowed down for XRP. As the data of 
the other indicator shared by Glassnode shows, the 7-day average value of the 
monthly active supply has also plummeted. As is apparent from the chart, 
activity on the network also witnessed a major spike alongside the bullish 
price action of late 2024, with 7.45 billion tokens becoming part of the 
1-month active supply. Following the bearish market shift since Q4 2025, the 
indicator has noted a sharp drop for XRP. Currently, just 2 billion tokens 
make up this segment of the cryptocurrency&#8217;s supply, which is lower than even 
the lows from the 2022 bear market. &#8220;The speculative wave that drove XRP&#8217;s 
late-2024 surge has largely unwound at the network level,&#8221; explained the 
analytics firm. It now remains to be seen whether the quiet on the network 
will persist in the near future or if another shift will arrive. Related 
Reading: XRP Nears Triangle Apex—Will A Breakout To $1.80 Follow? XRP Price 
XRP surged to a high above $1.45 on Wednesday, but the coin has since retraced 
to the $1.38 level. Featured image from Dall-E, chart from TradingView.com

XRP Network Quiet: Adoption & Activity Plunge From 2024 Peak

UBS&#8217;s increased stake in Strategy highlights growing institutional interest in 
Bitcoin, potentially driving market volatility and investment risks.
The post UBS Group buys $98M in Strategy shares, boosting Bitcoin treasury 
stake appeared first on Crypto Briefing.

UBS Group buys $98M in Strategy shares, boosting Bitcoin treasury stake

Organizers failed to collect enough signatures to trigger a referendum that 
would have required the Swiss National Bank to hold Bitcoin in its reserves.

Swiss Bitcoin reserve campaign set to lapse after failing to gather signatures

Bitcoin&#8217;s resilience above $80,000 highlights its role as a hedge amid 
geopolitical tensions and potential regulatory shifts, impacting market 
dynamics.
The post Bitcoin holds above $80,000 amid SEC support and geopolitical 
tensions appeared first on Crypto Briefing.

Bitcoin holds above $80,000 amid SEC support and geopolitical tensions

A crypto analyst has laid out a technical case for XRP reaching between $8 and 
$12 by April 2027. This technical case is purely based on XRP&#8217;s price pattern 
on the weekly candlestick timeframe chart and a projection of where the 
cryptocurrency goes from here. XRP Can Technically Rally $8 To $12 The 
foundation of the pundit’s prediction is a multi-year ascending channel that 
has governed XRP&#8217;s price structure since the 2020 bear market lows. The 
cryptocurrency has been moving within a long ascending channel that stretches 
from the 2020 low to the 2021 rally, the 2022-2023 accumulation area, and the 
latest market cycle since 2024. Related Reading: Analyst Sets $220,000 Minimum 
Price Target For Bitcoin, But How Will It Get There? Furthermore, the weekly 
chart shows XRP repeatedly reacting around the lower and middle portions of 
this channel before attempting to push back to the upper trendline. However, 
the most notable part of the current positioning is where the XRP price is 
sitting within this structure. The ascending channel is connected to higher 
lows, and the lower trendline is currently around $1.2 to $1.4. This means the 
cryptocurrency recently tested and held the lower boundary of the channel and 
has since begun curling upward, with the next projection being a return to the 
upper trendline of the channel. This movement implies that XRP is now in the 
early stages of what could become its most powerful channel rally to date. 
Interestingly, the upper boundary of the channel is currently around $12, 
which corresponds to the pundit&#8217;s prediction of an $8 to $12 price target zone 
for XRP. The Fibonacci levels on the chart also support the bullish 
projection. The 1.618 extension from the channel&#8217;s low is around $12.15, and 
this makes the $12 target more than a random number in the analysis. It aligns 
with the upper Fibonacci extension and the projected channel resistance, 
giving the prediction a technical basis. XRP Price Chart. Source: 
@CelalKucuker On X What The MACD Is Saying Another pointed element of the 
chart was highlighted in the MACD panel below the price action. A circled 
region on the weekly MACD shows the indicator printing a bullish signal, where 
the blue MACD line is about to cross over the orange one. This setup is 
similar to previous MACD crossovers that preceded XRP&#8217;s major upside moves, 
including mid-2025, which took the cryptocurrency to a new all-time high of 
$3.65. Related Reading: Bitcoin Has Entered Its ‘Most Dangerous Quarter,’ And 
This Expert Is Warning Investors The weekly MACD is starting to print green 
bars, and if this is sustained, it would add momentum confirmation to the 
bounce from the lower trendline of the ascending channel. In order for 
Kucuker&#8217;s 2027 predicted timeline to hold, XRP would need to clear several 
intermediate resistance levels before the end of the year, including the 
psychologically significant $2.00 price level, the $3.65 price peak, and the 
1.272 and 1.414 Fibonacci extensions at $4.42 and $6.70, respectively. 
Featured image created with Dall.E, chart from Tradingview.com

Pundit Predicts When The XRP Price Will Rally To $12

The S&amp;P 500’s push to a record near 7,400 confirms a late‑cycle, full‑risk‑on 
regime where Bitcoin and major crypto assets are again trading as high‑beta 
extensions of U.S. equities rather than as independent hedges. Gate’s futures 
data and European tape…

S&P 500 at record 7,400 underlines a full‑risk‑on backdrop for crypto

Coinbase (COIN) opened the quarter with a rough financial showing. After the 
exchange reported major losses in its first-quarter earnings, Barclays 
responded by cutting its price target for COIN, while Bank of America trimmed 
its target more modestly. Two Wall Street Takes On Coinbase Barclays lowered 
its Coinbase price target to $107 from $140, maintaining an Underweight rating 
following the company’s release. Bank of America, by comparison, reduced its 
target to $218 from $234 while keeping a Buy rating. Barclays anchored its 
downgrade on what it said was a significant miss across both revenue and 
adjusted EBITDA. It noted that even though certain segments of Coinbase’s 
activity came in above expectations, overall quarter-to-date transaction 
revenues still fell well below Street estimates. Related Reading: Hyperliquid 
Q1 Report—The ‘House Of All Finance’ Is Nearer Than Ever, Here’s Why The 
message from Barclays was that the upside in specific trading pockets wasn’t 
enough to offset the broader weakness in Coinbase’s core performance. Bank of 
America’s reasoning focused more on the pressure on expenses, as well as the 
demand environment Coinbase is facing. The firm flagged higher tech and 
development spending and said that consumer volumes declined 36% quarter over 
quarter, a drop it linked to depressed asset prices. Despite that, Bank of 
America stayed positive, pointing to the company’s strategic push toward 
crypto-as-a-service and arguing that those efforts could create more durable 
revenue streams over time. Net Loss, Crypto Investment Losses The financial 
results themselves showed the seriousness of the quarter. Coinbase reported a 
net loss of $394.1 million, or $1.49 per share, compared with a profit of 
$65.6 million, or $0.24 per share, in the year-ago period. It also showed 
softness beyond pure trading activity: revenue from the subscription and 
services unit—which includes businesses outside of trading—fell 13.5% to 
$583.5 million in the first quarter. Related Reading: JPMorgan Says Strategy 
Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395 
Overall adjusted EBITDA dropped to $303.3 million from $929.9 million a year 
earlier, underscoring how steep the earnings decline was compared with the 
prior-year baseline. Trading-related revenue also weakened. Coinbase said 
transaction revenue fell 40% year over year to $755.8 million. In addition, it 
recorded a loss on crypto assets held for investment, reporting a loss of 
$482.4 million on those crypto assets versus a loss of $596.7 million in the 
prior year. Following the release of its Q1 report, Coinbase&#8217;s stock, COIN, 
saw a 5% drop to $192 per share. However, the stock closed this week&#8217;s trading 
session at $201, marking an 8% surge in the last 24 hours. Featured image from 
OpenArt, chart from TradingView.com

Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107

Ethereum is experiencing a notable shift in derivatives positioning as high- 
leverage long positions decline sharply across the market. The reduction 
suggests that many overly aggressive bullish trades have either been closed 
voluntarily or forced out through recent liquidation events. Could Ethereum Be 
Preparing For A Short Squeeze Next? Crypto investor and data analyst known as 
CW on X pointed out that Ethereum is going through a significant deleveraging 
phase as high-leverage long positions continue to decline significantly across 
the market. At the same time, short positions have increased slightly, 
indicating that the market is not yet heavily crowded on the bearish side. 
Related Reading: Ethereum Shows Strength With $1 Billion In Buying Despite 
Hawkish Fed The overall scale of high-leverage exposure remains relatively 
low, suggesting reduced systemic risk compared to earlier phases. Furthermore, 
most of the greedy long positions have already been liquidated, with the next 
attention now shifting toward short position liquidations. Amid this market 
phase, Ethereum whales are showing a behavior not seen in over a year, 
potentially signaling a major shift in market dynamics. An analyst known as 
Ali Charts has revealed that since October 6, 2025, wallets holding between 
1,000 and 10,000 ETH have undergone a significant regime change in their 
market behaviour. Before this shift, this cohort was in a steady accumulation 
regime. Between April and October 6, 2025, their holdings climbed from 
approximately 12.95 million ETH to nearly 15.95 million ETH. However, that 
trend has now reversed sharply. Since October 6, holdings for these mid-tier 
whales have decreased from 15.95 million ETH to roughly 12.52 million ETH, 
representing a 21.5% decline in their total position. With a sizable amount of 
supply entering the market through whale distribution, any sustained move 
toward the $3,000 level may now depend on a fresh wave of institutional or 
retail demand capable of absorbing that selling pressure. Ethereum Relative 
Weakness To Bitcoin Ethereum continues to show signs of weakness relative to 
Bitcoin, with recent market action reinforcing a more fragile short-term 
structure. Crypto trader KriptoHolder has also noted that selling pressure on 
ETH has intensified, pushing price action lower toward the $2,273 region. 
Related Reading: Ethereum Sees First SuperTrend Bullish Flip In Over A Year At 
the same time, retail traders remain heavily skewed to the long side, with 
approximately 73.19% positioned bullish, while short holding positions at 
around 26.80%, reflecting a crowded trade that often becomes vulnerable during 
downturns. However, the Whales vs Retail Delta currently sits at -22.01, 
showing that the whale-side continues to apply significant selling pressure. 
According to KriptoHolder, ETH would likely need to see two major shifts: a 
reduction in aggressive whale-side selling and the return of meaningful spot 
market buying support, before a stronger rebound to the upside becomes 
possible. For now, ETH appears stuck in a more vulnerable position, with 
market internals showing less resilience than BTC. Featured image from Getty 
Images, chart from Tradingview.com

Ethereum Sees Sharp Decline In High-Leverage Long Positions — See What Happens Next

Since the start of the 2026 Iran war, Bitcoin has outperformed gold by roughly 
35–36% on a relative basis, as BTC rose mid‑single digits while gold slipped 
and the BTC/gold ratio surged. Data from multiple market trackers show that 
since…

Bitcoin outperforms gold by roughly 36% since Iran war began

Despite a surge in traditional equities and heightened military tensions in 
the Middle East, bitcoin remained stagnant over the last 24 hours, trading 
sideways near the $80,000 mark. Liquidation Volume Recedes Amid Consolidation 
Bitcoin traded sideways on Friday as global markets appeared to shrug off the 
latest skirmishes between the U.S. military and Iran’s Islamic […]

Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk

Bitcoin continues to find buyers on each dip, but charts suggest traders may 
struggle to overcome the $84,000-$92,000 resistance cluster.

Price predictions 5/8: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH

Bitcoin&#8217;s climb back above $82,000 has led to bullish conviction among 
investors. However, an interesting technical analysis suggests that the rally 
may still be part of a corrective structure, not the start of a clean 
impulsive breakout. That difference is important, because the analysis shows 
that Bitcoin is now approaching a resistance band that could decide whether 
the rebound continues or turns into another trap for late buyers. Bitcoin 
Heads Into Major Resistance Zone The BTC price climbed back above $80,000 this 
week, with the move supported by strong inflows into Spot Bitcoin ETFs. 
However, crypto analyst Tara is not convinced this bullish move tells the full 
story. Related Reading: What The Aggressive Profit-Taking By Bitcoin Investors 
Means For The Price Tara’s outlook is built around Bitcoin’s reaction to the 
macro 0.382 retracement level. According to the analyst, the Bitcoin price 
broke above this level without first establishing stronger support below it. 
That has created a setup where the price action can still push higher, but the 
move may be vulnerable because the foundation below the rally is not as strong 
as bulls would want. Therefore, Bitcoin&#8217;s failure to establish solid support 
after breaking above a key macro Fibonacci level has left the asset exposed, 
now pressing into a major resistance zone spanning between $85,200 and 
$93,000. The short-term structure has clearly improved from the early February 
lows around $60,000, but Tara’s chart points to several overhead levels that 
now matter. The first major red resistance line is around $85,288, which 
corresponds with the 0.382 retracement on the projected structure. Above that, 
the 0.5 retracement level near $93,099 becomes the bigger test. Based on the 
analyst&#8217;s count, the current rally should be a counter Wave B move within a 
larger corrective ABC trend. The analyst described Wave B as one of the most 
deceptive phases of a market cycle because it can make traders believe the 
correction is already over. However, the range between $85,200 and $93,000 
represents the region where the Wave B rally could start to lose strength. 
What Comes Next? The Crash Risk Now that the Bitcoin price is approaching 
resistance, the outlook is what to expect based on what could happen if it is 
rejected at that zone. The next phase can turn lower and punish buyers who 
entered too late. Related Reading: Mapping The Bitcoin Price Crash To $63,000: 
Why BTC Must Reclaim This Level The chart sketches this exact possibility with 
two projected downward paths from the upper resistance region. One begins 
around $85,000, and the other begins closer to the $93,000 level. Both paths 
suggest that a rejection from the resistance band could bring the Bitcoin 
price below $60,000. A sustained break above $85,200 would bring the $93,000 
region into action. A clean move above $93,000 would then weaken the bearish 
corrective setup. At the time of writing, Bitcoin is trading at $79,742, down 
by 2% in the past 24 hours. Featured image from Getty Images, chart from 
Tradingview.com

Here’s The Next Major Bitcoin Resistance To Watch Out For Before A Crash

Despite job growth, stagnant wages and rising part-time work highlight 
underlying economic challenges, impacting consumer purchasing power.
The post US economy adds 115,000 jobs in April, unemployment steady at 4.3% 
appeared first on Crypto Briefing.

US economy adds 115,000 jobs in April, unemployment steady at 4.3%

The integration of crypto into major banks like BNY Mellon and JPMorgan could 
create systemic risks, linking digital assets to global finance.
The post Bitwise ranks banks with broadest crypto exposure, including BNY 
Mellon and JPMorgan appeared first on Crypto Briefing.

Bitwise ranks banks with broadest crypto exposure, including BNY Mellon and JPMorgan

Nvidia&#8217;s board expansion with a finance expert highlights its focus on robust 
governance amid its ambitious AI hardware growth trajectory.
The post Nvidia adds Suzanne Nora Johnson to board of directors appeared first 
on Crypto Briefing.

Nvidia adds Suzanne Nora Johnson to board of directors

The surge in memory prices due to AI demand pressures gaming companies to 
innovate in cost management and strategic planning, impacting future releases.
The post Sony and Nintendo face memory price surge as AI gobbles up chip 
supply appeared first on Crypto Briefing.

Sony and Nintendo face memory price surge as AI gobbles up chip supply

Stronger job growth and stable unemployment may delay Fed rate cuts, impacting 
crypto volatility and investor sentiment on inflation.
The post US adds 115K jobs in April, unemployment rate holds at 4.3% appeared 
first on Crypto Briefing.

US adds 115K jobs in April, unemployment rate holds at 4.3%

The Senate Banking Committee&#8217;s crypto bill progress could reshape US digital 
asset regulation, impacting market stability and investor confidence.
The post Senate Banking Committee prepares for markup hearing on crypto bill 
after stablecoin deal appeared first on Crypto Briefing.

Senate Banking Committee prepares for markup hearing on crypto bill after stablecoin deal

Market volatility may increase as concentrated trades heighten systemic risk, 
potentially impacting crypto and broader financial stability.
The post Wall Street warns of extreme momentum trade risks amid US jobs data 
appeared first on Crypto Briefing.

Wall Street warns of extreme momentum trade risks amid US jobs data

The incident underscores the importance of robust safety measures in AI 
development, ensuring reasoning transparency and preventing systemic issues.
The post OpenAI detects accidental chain-of-thought grading in models, finds 
no monitorability loss appeared first on Crypto Briefing.

OpenAI detects accidental chain-of-thought grading in models, finds no monitorability loss

SEC Commissioner Hester Peirce said regulators should study crypto’s role in 
retail trading before deciding whether new rules are needed. Her remarks tied 
crypto to ETFs, options, prediction markets, and perpetual futures. ETF Access 
and SEC Authority Shape Crypto Debate Securities and Exchange Commission (SEC) 
Commissioner Hester Peirce on May 8, 2026 framed crypto as […]

SEC Commissioner Urges Restraint on Crypto Rules as Retail Trading Expands

Lime&#8217;s IPO highlights the precarious balance between growth and financial 
stability, underscoring the critical need for strategic debt management.
The post Lime files for IPO amid debt concerns and liquidity risks appeared 
first on Crypto Briefing.

Lime files for IPO amid debt concerns and liquidity risks

Quantinuum&#8217;s IPO could signal increased investor confidence in quantum 
computing, potentially accelerating innovation and industry growth.
The post Quantinuum files for US IPO amid quantum computing enthusiasm 
appeared first on Crypto Briefing.

Quantinuum files for US IPO amid quantum computing enthusiasm

China&#8217;s LineShine could redefine global tech dynamics, challenging US 
dominance and accelerating shifts in AI and cryptography landscapes.
The post China unveils LineShine supercomputer, aims to surpass US&#8217;s El 
Capitan appeared first on Crypto Briefing.

China unveils LineShine supercomputer, aims to surpass US’s El Capitan

Leike&#8217;s leadership at Anthropic could accelerate AI safety advancements, 
influencing industry standards and reshaping alignment research priorities.
The post Jan Leike leads Anthropic&#8217;s alignment science team, doubling down on 
AI safety research appeared first on Crypto Briefing.

Jan Leike leads Anthropic’s alignment science team, doubling down on AI safety research

The temporary ceasefire may ease immediate tensions but lacks the permanence 
needed to impact global markets or geopolitical stability.
The post Russia and Ukraine agree to three-day ceasefire, Trump says appeared 
first on Crypto Briefing.

Russia and Ukraine agree to three-day ceasefire, Trump says

The Senate Banking Committee scheduled a May 14 markup for the CLARITY Act, 
setting up the Senate’s first formal committee debate over digital asset 
market structure legislation. The executive session will allow lawmakers to 
debate amendments and determine whether the bill advances toward a full Senate 
vote. Senate Banking Takes Up Long-Delayed Crypto Bill The […]

CLARITY Act Markup: Senate Banking Sets May 14 Crypto Rules Session

Go Abacus revolutionizes AI deployment for banks with a $250,000 device 
ensuring data privacy and control.
The post David Moscatelli: Organizations are hesitant about public AI due to privacy concerns, local AI solutions are preferred in banking and healthcare, and the Go One device enhances on-premises AI scalability | TWIST appeared first on Crypto Briefing.

David Moscatelli: Organizations are hesitant about public AI due to privacy concerns, local AI solutions are preferred in banking and healthcare, and the Go One device enhances on-premises AI scalability | TWIST

Geopolitical tensions and AI risks could destabilize global markets, affecting 
energy supplies, cybersecurity, and employment dynamics.
The post Federal Reserve Spring 2026 survey highlights geopolitical risks, AI 
concerns as top threats to financial stability appeared first on Crypto 
Briefing.

Crypto News

Discover Crypto Daily

Top Trending

CLARITY Act Markup: Senate Banking Sets May 14 Crypto Rules Session

Bitcoin Spotlight

US strikes two empty Iranian oil tankers as Bitcoin sheds $58 billion in market cap

Latest Curated