Bitcoin has settled just above $105,500 after pulling back from its all-time high of $111,814 set on May 22. The slowdown appears to be primarily caused by traders locking in gains following the sharp climb, with signs of exhaustion starting…

Bitcoin stalls around $105K as profit-taking and ETF outflows weigh on momentum

On-chain data shows the Solana network has just seen a large movement of 
dormant coins. Here&#8217;s what this could mean for the cryptocurrency. Solana Coin 
Days Destroyed Has Witnessed A Huge Spike In a new post on X, the on-chain 
analytics firm Glassnode has talked about the latest trend in the &#8220;Coin Days 
Destroyed&#8221; (CDD) indicator for Solana. A &#8216;coin day&#8217; is a quantity that one 
token of the asset accumulates after having stayed dormant (that is, not being 
involved in any transaction activity) for one day. When a token carrying some 
number of coin days is moved, its coin days counter resets back to zero, and 
the coin days that it was carrying are said to be &#8216;destroyed.&#8217; The CDD 
measures the total number of coin days being reset in this manner across the 
network. Related Reading: Bitcoin’s Key Investors Double Down, Buy Another 
79,000 BTC When the value of this indicator registers a spike, it means 
dormant coins are potentially on the move. Generally, this kind of trend is a 
sign of transaction activity from the long-term holders (LTHs). The LTHs are 
resolute entities who tend to hold for long periods, so they naturally hold a 
large number of coin days. As such, transfers from them usually result in the 
destruction of a significant number of coin days. Now, here is the chart for 
the Solana CDD shared by the analytics firm that shows the trend in its value 
during the past few months: As displayed in the above graph, the Solana CDD 
has observed a large spike recently, suggesting the LTHs have made some 
transactions. In total, this spike involved the destruction of a massive 3.55 
billion coin days. From the chart, it&#8217;s visible that the indicator has seen 
only two spikes of a greater scale in 2025 so far. February 26th recorded a 
CDD value of 5.53 billion, while March 3rd saw a value of 4.64 billion. The 
LTHs usually only break their silence when they want to participate in 
selling, so movements from them can sometimes spell trouble for the 
cryptocurrency&#8217;s price. Large spikes like these can especially be worth taking 
note of, as they can point toward a possible shift in holder conviction . The 
aforementioned two larger spikes occurred one after the other, with a third, 
slightly smaller-scale spike following later in March. Therefore, it&#8217;s 
possible that more than a couple of diamond hands lost their belief during 
that period. Related Reading: Bitcoin ATH Fails To Hype Retail—Demand Is 
Actually Down It now remains to be seen whether the latest Solana CDD spike 
would also be followed up by another, or if this was just a one-off event. SOL 
Price At the time of writing, Solana is trading around $153.9, down more than 
10% in the last week. Featured image from Shutterstock.com, Glassnode.com, 
chart from TradingView.com

Solana’s Old Hands Are Moving—Is Trouble Brewing?

Ethereum price started a fresh decline below the $2,550 zone. ETH is now 
showing a few bearish signs below the $2,500 pivot level. Ethereum started a 
fresh decline below the $2,550 level. The price is trading above $2,500 and 
the 100-hourly Simple Moving Average. There was a break below a key rising 
channel with support at $2,610 on the hourly chart of ETH/USD (data feed via 
Kraken). The pair could extend losses if it trades below the $2,400 support 
zone in the near term. Ethereum Price Consolidates Losses Ethereum price 
started a fresh decline after it failed to surpass $2,650, like Bitcoin. ETH 
price declined below the $2,565 and $2,550 support levels. Besides, there was 
a break below a key rising channel with support at $2,610 on the hourly chart 
of ETH/USD. The pair even dipped below the $2,500 support level. A low was 
formed at $2,394 and the price is now consolidating losses. Ethereum price is 
now trading below $2,500 and the 100-hourly Simple Moving Average. On the 
upside, the price could face resistance near the $2,460 level. It is close to 
the 23.6% Fib retracement level of the downward move from the $2,680 swing 
high to the $2,394 low. The next key resistance is near the $2,500 level. The 
first major resistance is near the $2,540 level. It is close to the 50% Fib 
retracement level of the downward move from the $2,680 swing high to the 
$2,394 low. A clear move above the $2,540 resistance might send the price 
toward the $2,600 resistance. An upside break above the $2,600 resistance 
might call for more gains in the coming sessions. In the stated case, Ether 
could rise toward the $2,650 resistance zone or even $2,720 in the near term. 
More Losses In ETH? If Ethereum fails to clear the $2,500 resistance, it could 
start a fresh decline. Initial support on the downside is near the $2,400 
level. The first major support sits near the $2,380 zone. A clear move below 
the $2,380 support might push the price toward the $2,350 support. Any more 
losses might send the price toward the $2,320 support level in the near term. 
The next key support sits at $2,250. Technical Indicators Hourly MACD – The 
MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI &#8211; The RSI 
for ETH/USD is now below the 50 zone. Major Support Level – $2,320 Major 
Resistance Level – $2,500

Ethereum Price Dips Below $2,500: Investors Eye Key Support Levels

Strategy Chairman Michael Saylor has inspired dozens of copycats with his 
bitcoin treasury approach. But Standard Chartered warns of dire consequences 
to imitators if the cryptocurrency’s price collapses. Standard Chartered Flags 
Risks for Bitcoin Corporate Treasuries What could possibly go wrong when more 
than a hundred public companies start hoarding bitcoin (BTC) on their balance 
[…]

Standard Chartered Issues Warning on Bitcoin Treasury Companies

The Justice Department has filed a civil forfeiture complaint to seize crypto 
and NFTs allegedly tied to laundering efforts by North Korea.

US wants $7.7M in crypto laundered in North Korea IT worker plot

Bitcoin price started a fresh decline and tested the $100,500 zone. BTC is now 
consolidating and might extend losses below the $100,000 level. Bitcoin 
started a fresh decline below the $104,000 zone. The price is trading below 
$104,000 and the 100 hourly Simple moving average. There was a break below a 
key bullish trend line with support at $104,600 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair could start a fresh decline if 
it breaks the $100,500 support zone. Bitcoin Price Dips Further Bitcoin price 
started a fresh decline and traded below the $104,500 support zone. BTC even 
settled below the $104,200 level to enter a short-term bearish zone. Besides, 
there was a break below a key bullish trend line with support at $104,600 on 
the hourly chart of the BTC/USD pair. Finally, the pair tested the $100,500 
support zone. A low was formed at $100,400 and the price is now consolidating 
losses. There was a move above the $101,500 level. BTC tested the 23.6% Fib 
retracement level of the recent decline from the $106,820 swing high to the 
$100,400 low. Bitcoin is now trading below $103,000 and the 100 hourly Simple 
moving average. On the upside, immediate resistance is near the $102,000 
level. The first key resistance is near the $103,200 level. The next key 
resistance could be $103,600. It is close to the 50% Fib retracement level of 
the recent decline from the $106,820 swing high to the $100,400 low. A close 
above the $103,600 resistance might send the price further higher. In the 
stated case, the price could rise and test the $104,200 resistance level. Any 
more gains might send the price toward the $105,000 level. More Losses In BTC? 
If Bitcoin fails to rise above the $103,200 resistance zone, it could start 
another decline. Immediate support is near the $101,200 level and the trend 
line. The first major support is near the $100,500 level. The next support is 
now near the $100,000 zone. Any more losses might send the price toward the 
$98,500 support in the near term. The main support sits at $97,200, below 
which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The 
MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength 
Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – 
$101,200, followed by $100,500. Major Resistance Levels – $102,000 and 
$103,600.