Alt verification layers will rescue Ethereum from the ZK proof deluge coming by 2030, delivering affordability and security.

Alt ZK solutions can save Ethereum | Opinion

Solana, Axelar, and Pi Network are in focus this week as major token unlocks 
and key technical setups create both risks and opportunities for traders.

Top cryptocurrencies to watch this week: Axelar, Pi Network, and Solana

Bitcoin’s narrow price movement over the past week contradicts a much 
different development in the futures market. According to Axel Adler Jr., an 
analyst at on-chain analytics platform CryptoQuant, a sharp rise in the long 
liquidation dominance metric could set the stage for a significant shift in 
sentiment that may completely wash out bears from the market. Adler shared the 
data in a recent post on X, accompanied by a chart showing previous points 
that resemble the current setup. Long Liquidation Spike Without Price Crash 
The dominance of long liquidations has jumped from 0% to +10% over the past 
seven days, a move that typically shows distress among bullish traders. 
However, what makes the current development especially noteworthy is the 
absence of a steep crash in Bitcoin’s price. Instead, in the just concluded 
week, Bitcoin held mostly within the $103,000 to $106,000 range until a recent 
drop, despite facing increasing pressure from long-side liquidations. Related 
Reading: XRP Daily RSI Trendline Breaks Down – What It Means For Price Axel 
Adler Jr. explained that this sustained liquidation of long positions without 
a full-blown price collapse indicates sustained buyer support. According to 
data from CryptoQuant, BTC’s long liquidations hit 2,200 BTC, the highest in 
the past week. Usually, a surge in long liquidations suggests that traders who 
were anticipating a price rally are being pushed out of their positions under 
pressure. The CryptoQuant chart below shows how spikes in long liquidation 
dominance, especially in the 15% to 20% range, have always preceded bullish 
reversals. According to the analyst, if this metric rises by another 5–7%, it 
could cause a high-probability scenario where bearish positions are washed out 
and flip Bitcoin’s price movements in favor of the bulls. Image From X: 
@AxelAdlerJr Large Wallets Accumulate As Retail Exits Data from Santiment, 
another on-chain analytics platform, shows an interesting dynamic playing out 
among Bitcoin holders. Over the past ten days, wallets holding over 10 BTC 
have increased by 231 addresses, which is a 0.15% rise. Meanwhile, smaller 
retail wallets containing between 0.001 and 10 BTC have dropped by 37,465 in 
the same timeframe. This trend highlights a divergence in sentiment between 
large and retail holders. Related Reading: XRP Price Crash Tests Critical 
Support At $2.1, Will It Break? According to Santiment, the shift where whales 
and sharks accumulate while retail exits is a bullish combination for Bitcoin. 
Bitcoin’s market value is hovering just below $104,000 during this 
accumulation phase, and there could be an eventual upward breakout once retail 
holders begin to reenter. Image From X: Santiment Despite the underlying on- 
chain strength, Bitcoin’s spot price has taken a short-term hit in the past 48 
hours. During this timeframe, Bitcoin&#8217;s price has slipped below support levels 
between $106,000 and $103,000. At the time of writing, Bitcoin is trading at 
$102,670, down by 2.6% in the past 24 hours. The decline can be largely 
attributed to recent U.S. strikes on Iran. The U.S. military strikes on 
Iranian nuclear facilities (June 21-22) caused immediate risk aversion across 
markets. Bitcoin fell 3.2% after announcements of the strikes, much like its 
6% drop during similar 2020 Iran tensions. Featured image from Dall.E, chart 
from TradingView.com

Bears Will Be Washed Out Of Bitcoin If This Happens

The Bitcoin price had a tough start to the weekend, plummeting from its 
$106,000 high to just above $103,000 on Friday, June 20. The flagship 
cryptocurrency became somewhat stable above this price zone, hovering around 
the $104,000 mark for most of the past day. However, the Bitcoin price faced 
another wave of bearish pressure in the late hours of Saturday, June 21, 
falling to around $101,500 as a result. Below is an analysis of the BTC price 
and what lies ahead for the world’s largest cryptocurrency by market 
capitalization. Next BTC Support Level Lies At $100,000: Analyst Popular 
crypto analyst with the pseudonym Titan of Crypto put forward an interesting 
analysis for the Bitcoin price as the market leader struggles to build any 
momentum. According to the online pundit, the price of BTC could be on its way 
to retest a crucial support area if it continues to lose its bullish impetus. 
Related Reading: Bitcoin Net Taker Volume Enters Deep Red On Binance — What’s 
Next For BTC Price? Using the Bitcoin price chart on the weekly timeframe, the 
next significant support level lies around the $99,000 – $100,000 range. The 
confluence of the Fair Value Gap (FVG) and the rising Tenkan-sen (red line) 
around this price region makes the zone a significant area to watch if selling 
pressure persists. The Tenkan-sen, a key component of the Ichimoku Cloud 
indicator, is often considered a significant line in analyzing short-term 
trends. The Tenkan-sen line is often seen as a key support and resistance 
level, as well as a signal line for potential trend reversals. The Fair Value 
Gap is a liquidity void often created by a sharp movement in price, indicating 
a lack of trading activity within a particular price range. FVGs are usually 
considered as potential regions of interest for future price corrections, as 
investors often look to fill the liquidity void. With the FVG and the Tenkan- 
sen set within this same region, Titan of Crypto noted that the Bitcoin price 
may find a support cushion around the $100,000. This level appears to be 
extremely crucial for the flagship cryptocurrency in the short term, 
especially as its bullish momentum wanes. Meanwhile, holding above this 
$100,000 support could be critical to Bitcoin’s long-term trajectory. It is 
worth noting that the price of BTC has not traded beneath $100,000 since May 
8, reaching the $110,000 mark twice within that span. Bitcoin Price At A 
Glance After falling to around $101,400 in the late hours of Saturday, the 
price of Bitcoin has now returned around $103,000. As of this writing, the 
price of BTC stands at around $102,845, reflecting a 0.4% decline in the past 
24 hours. Related Reading: Stablecoin Wars Ignite: Peter Schiff Champions 
Gold-Backed Digital Assets Featured image from iStock, chart from TradingView

Bitcoin Price Slips Below $102,000 — Here’s The Next Support In Sight

MiCA’s licensing clarity helped Europe capture crypto flows as US retail 
activity declined despite a crypto-friendly Trump administration.

Despite Trump’s backing, crypto is choosing MiCA over America: Paybis

The day after President Trump publicly confirmed U.S. airstrikes on Iranian 
military installations, bitcoin showed signs of investor hesitancy despite 
holding above key support at $102,000. As of June 22, 2025, bitcoin is trading 
at $102,700 to $102,810, giving it a market capitalization of $2.04 trillion 
and 24-hour trade volume totaling $31.32 billion. Price action […]