๐ Market Overview
Bitcoin (BTC)
Price: ~$98,984, down ~4.5% intraday.
Range: Trading between ~$98,984โ$103,642.
Context: Recently broke out above the $104kโ$105k range but is pulling back amid risk-off investor sentiment, geopolitical tensions, and macroeconomic uncertainty .
Outlook: Analysts have widely varying price targets for 2025โfrom $120kโ$300k. Standard Chartered sees potential for a new high $120k by Q2 and year-end $200k . Some forecast up to $225k .
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Binance Coin (BNB)
Price: ~$608, down ~4.5% intraday.
Range: Between ~$608โ$637 today.
Recent movement: has been squeezed between its 20โday EMA ($634), pointing to an imminent breakout .
Forecasts: June range expected ~$628โ$704 (CoinCodex), with upside to $715โ$740 if it holds above key EMAs .
Drivers: Strong onโchain fundamentalsโBNB Chain transactions up 126% MoM in May/June; daily new users +248% YTDโcould support upcoming breakout .
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Solana (SOL)
Price: ~$128.6, down ~8.5% intraday.
Range: Intraday low ~$127โhigh ~$140.9.
Technical action: Recently held near $140 support; showing reversal setup between $136โ$143; breakdown below support could test $120 .
Forecasts: June target ~$142โ$147 average, potential edge to $150โ$160/195 if momentum returns .
Catalysts: A possible listing via Nasdaq filings could drive renewed interest . But failure to reclaim ~152 EMA risks deeper downside toward 120โ110 zones .
