Honest Merchant

**Step 1: Set Chart Time Frames**
1. **1-minute chart:** Use for identifying precise entry triggers.
2. **15-minute chart:** Analyze the micro-trend and identify minor support/resistance levels.
3. **1-hour chart:** Determine the broader intraday trend direction (bullish or bearish).

**Step 2: Analyze the Order Book (BTC/USDT)**
* Look for significant buy or sell walls (large order clusters) on one side, which can potentially halt or reverse price movement in that direction.
* Identify liquidity gaps (areas with sparse orders), as price tends to move rapidly through these zones.

**Step 3: Check the Funding Rate**
* Locate the displayed "funding rate / countdown" near the price.
* **Positive Rate:** Indicates more long positions; the market may periodically dip to liquidate them (Caution: Longs riskier, Shorts potentially safer if *extremely* positive).
* **Negative Rate:** Indicates more short positions; the market may periodically rise to liquidate them (Caution: Shorts riskier, Longs potentially safer if *extremely* negative).
* **Crucial:** Always confirm the trade direction with the chart trend. Relying solely on funding rate is high-risk.

**Step 4: Monitor the US Dollar Index (DXY) - Optional Pro Tip**
* View the 15-minute chart for the USD Index (DXY) on TradingView or Investingdotcom.
* **General Inverse Correlation:**
* DXY Rising → Often correlates with BTC falling.
* DXY Falling → Often correlates with BTC rising.

**Step 5: Make Your Entry Decision**
* Synthesize signals from the 1-hour trend, 15-minute micro-trend, order book, and funding rate.
* **Favorable Conditions:**
* **Long:** Uptrend (1hr) + Negative Funding Rate.
* **Short:** Downtrend (1hr) + Positive Funding Rate.
* **Execute Entry:** Place your trade based on a breakout or a strong wick rejection signal on the **1-minute chart**.

**Step 6: Set Profit Target (TP) and Stop Loss (SL)**
* **Profit Target (TP):**
* Aim for 0.5% to 1.5% profit for scalping (significant with high leverage like 50x).
* Consider extending TP to 2-3% if the market exhibits a very strong trend with high volume.
* Reference previous resistance levels (for Longs) or support levels (for Shorts) when setting TP.
* **Stop Loss (SL):**
* Place SL slightly beyond key liquidity zones.
* This prevents the stop loss from being triggered by normal price volatility or "spikes".

Practically doing that by selecting Bitcoin

**Step 1 – Open BTC/USDT Futures**
- Log in to Binance.
- Go to "Derivatives" > "USDT-M Futures" on the top menu.
- Search for "BTCUSDT" and open it.

---
**Step 2 – Check 1-Hour Chart (Big Trend)**
- Switch the chart to a 1-hour view.
- Look at the candles:
- Mostly green and moving up? = Uptrend.
- Mostly red and moving down? = Downtrend.
- This helps you see the overall direction so you don’t trade against it.

---

**Step 3 – Check 15-Minute Chart (Small Trend & Key Levels)**
- Switch to a 15-minute chart.
- Find the last **support** (where price bounced up) and **resistance** (where price dropped from).
- If this matches the 1-hour trend, your trade has a better chance of success.

---

**Step 4 – Check 1-Minute Chart (Entry Timing)**
- Switch to a 1-minute chart.
- Look for a strong candle breaking:
- **Above resistance** = Good for **long** (buy).
- **Below support** = Good for **short** (sell).

---

### **Step 5 – Check Order Book (Buy/Sell Walls)**
- Open the "Order Book" tab on the right.
- Look for:
- **Big green numbers below price** = Buy walls (price may bounce up).
- **Big red numbers above price** = Sell walls (price may drop).

---

**Step 6 – Check Funding Rate (Market Bias)**
- Find the funding rate under the BTC price.
- **Positive rate (e.g., +0.03%)**: Too many people buying (long), price might drop.
- **Negative rate (e.g., -0.03%)**: Too many people selling (short), price might rise.
- Near zero? Ignore it—focus on trends and order book.

---

**Step 7 – Check DXY (US Dollar Index) – Optional**
- Open TradingView or Investingdotcom and search "DXY".
- **DXY rising?** Bitcoin might fall.
- **DXY falling?** Bitcoin might rise.

---

**Final Trade Decision**
- **Go LONG (Buy) if:**
- 1H & 15m charts show uptrend.
- 1m chart breaks above resistance.
- Big buy walls below price.
- Funding rate is negative or small.
- DXY is falling (optional).

- **Go SHORT (Sell) if:**
- 1H & 15m charts show downtrend.
- 1m chart breaks below support.
- Big sell walls above price.
- Funding rate is positive or small negative.
- DXY is rising (optional).

Always confirm with chart trends before trading!

$BTC
#BTCBreaksATH

Crypto assets see increased activity amid rate stability.
Potential for sustained relief in speculative markets.
FOMC Meeting Signals Stability: Implications for Crypto Markets
The Federal Reserve’s recent FOMC minutes, released on August 21, 2025, reveal several participants believe the current federal funds rate may be nearing a neutral level.

This signals potential rate stabilization, affecting liquidity and risk appetite, with potential positive implications for cryptocurrencies like Bitcoin and Ethereum.

FOMC Meeting Insights
The Federal Reserve’s latest meeting minutes reveal that several participants believe the current federal funds rate may be nearing the neutral level. As noted by Jerome Powell, Chair of the Federal Reserve, “Several participants noted that the current federal funds rate target range may already be close to the neutral level” – Federal Reserve FOMC Minutes . This has led to speculation about future monetary policy directions and impacts on markets.

In the meeting, the Federal Reserve Board of Governors , alongside regional Fed Bank Presidents, discussed the possibility that the rate target range is close to neutral. This understanding was reflected in their recent official publication.

Impact on Financial Markets
The potential pause or moderation in rate increases has stirred reactions in the financial markets. Speculative assets like Bitcoin and Ethereum may benefit from an unchanged rate, while the DeFi sector anticipates positive liquidity trends.

Analysts suggest that a stable rate environment could foster more confidence among institutional investors. This could lead to increased allocations towards riskier assets, possibly driving their prices higher.

Immediate Market Reactions
Immediate market reactions have been noted, with moderate inflows into DeFi protocols. Historical trends indicate that when the FOMC signals a neutral stance , risk assets often experience relief rallies.

Data from platforms like Dune Analytics and DeFiLlama supports these trends. Should the FOMC maintain this position, DeFi governance tokens and major cryptocurrencies could sustain a positive trajectory in the near term.

$KAITO
#FOMCMinutes

Focus on decentralization and validator participation.
Positive community feedback with some complexity concerns.
Jito DAO Proposes Governance Enhancements for Solana Network
Jito DAO has announced the release of two governance proposals, JIP-25 and JIP-XX, aimed at bolstering decentralization on the Solana network.

These proposals are vital for expanding validator participation and could significantly influence governance within the crypto ecosystem.

Introduction
Jito DAO has released JIP-25 and JIP-XX , aiming to improve decentralization within the Solana network. These proposals focus on expanding validator participation and reforming governance structures. They are being discussed on the Jito Governance Forum.

Jito DAO, along with Jito Labs, has unveiled plans to refine the governance model through these proposals. They aim to foster increased decentralization and engage more validators. The online governance forum is essential for decision-making.

Community Feedback and Concerns
The proposals have spurred significant discussions among community members, who largely support the decentralization emphasis. However, some have expressed worries about the possible increase in governance complexity. As the JIP-17 Proposal for Activating a Cryptoeconomics SubDAO suggests, complexity can introduce new dynamics, although community reactions to these proposals have been largely positive.

The Jito Governance Forum continues to serve as a central platform for these discussions… the community will have the opportunity to shape the future direction of the Jito protocol through active participation and informed decision-making.
The financial implications include redirecting protocol revenues into the DAO treasury, impacting JTO, JitoSOL, and SOL tokens. This aims to empower the DAO further and align incentives within the Solana ecosystem.

Historical Context and Potential Outcomes
Historically, similar governance upgrades have strengthened transparency and decentralized governance, as seen in efforts like JIP-8 Proposal for TIPRouter NCN Protocol Development . The Jito forum allows members to contribute feedback before formal voting, ensuring diverse stakeholder participation to guide protocols.

Potential outcomes include increased validator network resilience and streamlined treasury management. These align with trends from past governance reforms. Future implementation may affect Solana’s staking landscape and overall network health.

$SOL
#dao

Fed Chair Jerome Powell is expected to hold his own against making a clear commitment to cut interest rates in September during his speech at the Jackson Hole meeting on Friday.

While markets are strongly pricing in a rate cut, Powell may avoid giving definitive signals, highlighting the uncertainty surrounding the process. Research firm LHMeyer suggested Powell could temper expectations to prevent markets from fully locking in on the cut.

Powell's speech will come under even greater pressure than usual this year. US President Donald Trump has been criticizing the Fed chair for months, calling him a “stubborn mule” and “unintelligent,” and harshly criticizing his resistance to interest rate cuts.

Trump is poised to challenge the Fed's internal balance of power by nominating economist Stephen Miran, a figure aligned with his political affiliation, to fill the vacant seat at the Fed. Miran, who supports Trump's calls for interest rate cuts, also advocates for reforms within the Fed that would empower chairmen to dismiss figures like Powell.

TS Lombard Chief Economist Steven Blitz commented, “Miran is not one to be swayed by tradition. He will be Trump's provocateur at the FOMC, and he will not hide it.”

Powell's job isn't just made more difficult by Trump's pressure and Miran's potential influence. At the Fed's last meeting, Christopher Waller and Michelle Bowman, considered among his successor candidates, voted against the majority to cut interest rates.

On the data front, the picture is mixed. A weak July employment report signaled a slowdown in the labor market, while a rise in the producer price index fueled concerns that Trump's tariffs would push up consumer prices. “The tariffs have created a stagflationary effect and seriously complicated the Fed's job,” said Torsten Sløk, chief economist at Apollo Global Management.

Barclays Chief Economist Marc Giannoni, however, noted that Powell's approach to assessing the unemployment rate will be decisive. Recalling Powell's warnings after the July meeting, Giannoni said, “If Powell reiterates that the unemployment rate could remain low due to supply-side factors like immigration, despite the weakening employment, the probability of a rate cut could be lowered to 50%.”

Market expectations for a September interest rate cut have recently declined. Following producer price index data and cautious statements from Fed members, expectations have fallen to 85%.
$APE
#PowellWatch

Ethereum Holds Support After Correction, Points to Recovery
ETH futures market indicates stability among traders
Trader bets on ETH at $10.000 this cycle
Ethereum (ETH) stabilized near the $4.070 level after a 15% pullback in six days, which resulted in the liquidation of $817 million in leveraged long positions. Despite the decline, overall sentiment among traders did not deteriorate significantly.

Monthly ETH futures maintained an annualized premium above 5% throughout the correction, which typically indicates confidence among institutional participants. Still, optimism hasn't returned to pre-correction levels, even after ETH doubled in price between early July and mid-August.

Part of the market's caution can be explained by macroeconomic uncertainties. Inflation in the US remains above the Federal Reserve's target, while economic performance shows mixed signals. The Nasdaq Composite Index has accumulated losses in two consecutive sessions, reflecting concerns about potential overvaluation of technology stocks, especially those linked to artificial intelligence.

Furthermore, investors were cautious ahead of Federal Reserve Chairman Jerome Powell's statement. BMO Private Wealth strategist Carol Schleif stated, "If Powell's language is more aggressive, it could further pressure tech stocks." Weak results from retailer Target also added to market pressure.

Despite the uncertain context, the trader known as Ted (@TedPillows) expressed strong conviction in ETH's potential for appreciation this cycle. In his assessment: "$ETH will hit $10.000 this cycle. If you don't believe me or don't understand, I don't have time to try to convince you, sorry." The statement resonated on social media, reinforcing expectations that Ethereum could still reach new heights.

In ETH options, the data shows balance, with the skew index at 4%, revealing a similar distribution between calls and puts. The lack of more aggressive bets, even after ETH touched $4.700, raises doubts about the market's appetite for a new high in the short term.

Still, the combination of technical support, onchain data, and optimistic analyst statements reinforces the view that Ethereum could resume its upward trajectory in the coming moves.

$ETH
#ETHInstitutionalFlows

On the daily chart, XRP is establishing a symmetrical triangle that is typically followed by significant directional moves.
The immediate trading range of XRP is supported at $2.95 and resisted at $3.10, informing short-term entries and exits.
A bullish breakout may resemble the previous, promising up to 45% and levels above $4.00 after barely breaking even.
The XRP price stands at $3.02, having risen by 2.3% within the last 24 hours . The coin is probing support at $2.95 as it encounters resistance at $3.10. The daily chart analysis indicates that a symmetrical triangle pattern is forming, suggesting that there will be a consolidation phase before a change in direction in price.

Traders are keenly observing the pattern since it mirrors past movements, which resulted in substantial short-term gains. The trend shows XRP narrowing between convergent trendlines, an indicator of a balance in buying and selling pressure.

Symmetrical Triangle Formation Signals Consolidation
The daily chart shows XRP creating higher lows while touching slightly lower highs, forming the classic symmetrical triangle. This pattern follows a prior surge where the price increased by 45.1% over eight days.

Historically, such formations occur after significant moves, representing a pause while the market digests previous gains. Notably, the recent triangle mirrors the structure of previous breakout patterns. Its apex is drawing near, indicating a potential price shift once the consolidation resolves.

$XRP Symmetrical triangle forming on the daily.Let's see how it does. pic.twitter.com/UxPSxC2VIm

— Galaxy (@galaxyBTC) August 19, 2025
Current support at $2.95 remains key, providing a floor for daily trading activity. Resistance at $3.10 is notable, acting as a ceiling during short-term rebounds. Over the past week, XRP has maintained its price largely within this narrow range. Traders are watching these levels as immediate benchmarks for intraday movement. Breaks above resistance could follow with upward momentum, whereas dips below support may test lower price zones.

Symmetrical Triangle Pattern Suggests 45% Upside Potential
Using the symmetrical triangle’s structure, potential targets indicate a possible gain similar to prior surges. A comparable breakout could lead to a 45% price movement, reflecting historical trends observed in earlier patterns.

The projection highlights an estimated target above the $4 mark if the upward breakout occurs. However, the pattern also defines a clear entry zone near the current price, with stop levels just below support, maintaining alignment with technical parameters.

$XRP
#PowellWatch

The $0.1870 area at $0.786 is finding to be crucial and has been a strong support area where price rebounded back repeatedly.
There is a major obstacle at $0.2099; a close move can signify further rise in different levels of retracement such as $0.2255 and $0.2525.
ZKJ has a narrow trading range over 24 hours with low volatility in the BTC/ETH pair indicating a period of consolidation followed by a breakout.
ZKJ has recently experienced a notable decline of 20.8% over the past week , trading at a current price of $0.1928. The cryptocurrency has maintained a 24-hour trading range between support at $0.1892 and resistance at $0.2099. Compared to Bitcoin and Ethereum, the performance of ZKJ is slightly different, each presenting a $0.7 and $1.2 percentage difference, respectively.

The traders are now monitoring a Fibonacci retreatment position created at the 0.786th point, approximately 0.1870, as the market responds to the recent price volatility. The chart indicates a potential trading opportunity for participants monitoring short-term movements.

Fibonacci Levels Provide Structured Price Zones
The 0.786 Fibonacci level at $0.1870 has become a focal point for market activity, providing a structured support zone. Observe how the price has bounced back at this level a number of times, which is a sign of market appreciation of its importance.

$ZKJ – Buy SETUP at FIB 0.786 #ZKJ #JUSTHODLIT pic.twitter.com/NBxb3Cljkl

— B4dMan (@B4dmantrading) August 19, 2025
These higher levels such as the 0.618 at $0.2255 and the 0.5 at $0.2525 are points of resistance that are going to be closely monitored by traders. The 0.382 at $0.2796 and the 0.236 at $0.3130 are upper retracement levels, with the all-time high of around $0.3671 marking the broader range. These Fibonacci zones define distinct areas of interest to technical traders looking at short-term entry and exit.

Current Support and Resistance Dynamics
The near-term support at $0.1892 has remained strong despite recent bearish pressure. However, the resistance level at $0.2099 is a near-term hindrance to more momentum upward. Monitoring these levels allows market participants to assess potential price consolidation levels.

The 24-hour range signifies the tight fences through which ZKJ is trading. Also, little fluctuation against BTC and ETH shows cross-pair volatility is low, suggesting the market is looking toward USD-denominated movement.

Price Action Highlights Market Structure
ZKJ’s current trading patterns reflect structured market behavior around key technical levels. Notably, the recent decline emphasizes the importance of Fibonacci retracement points. The price remains above critical support, suggesting temporary stability within short-term trading ranges.

Additionally, observing the upper resistance at $0.2099 could also provide indications on possible market reactions. The ability to see support and resistance helps understand potential intraday trends that can be applied to help in creating a data-driven logical picture of the current price action.
$ZKJ
#MarketPullback

Altcoins exhibited moderate positive and small negative dynamics, and the breakout is not yet affected by stable growth.
Tezos, WIF, and Uniswap were indicators of unparalleled resilience, whereas Hedera and Algorand were growing with groundbreaking business-oriented approaches.
Advisers proposed that organic expansion initiatives might do better than volume-farming tokens in the long term.
Altcoin markets were experiencing mixed conditions with middling gains and slight pullback,s creating a busy trading environment. Several high-ranking tokens were reported to have massive upside potential, leading to speculation about the possibility of momentum being sustained. Tezos (XTZ), Dogwifhat (WIF), Uniswap (UNI), Hedera (HBAR), and Algorand (ALGO) excelled due to their strong positioning both in technical configurations and community engagement. Market activity suggested that investors were hesitantly weighing whether recent advances were signs of organic growth or fleeting speculative oscillations.

Tezos Maintains Stability Amid Expanding Ecosystem
Tezos (XTZ) was identified as a flawless example of resilience in volatile settings. The token showed tremendous ability to stabilize above critical support levels while developers kept on launching unprecedented upgrades within its ecosystem.

Experts highlighted its smart contract flexibility and scalability focus that kept it under the spotlight when all networks were stagnating. Tezos’ momentum was described as one consistent with modest gains to make it among the high-quality projects to monitor.

Dogwifhat Reflects Organic Market Growth
Dogwifhat (WIF) stood out for its superior community-driven expansion. Unlike tokens farming volume through artificial strategies, WIF appeared to maintain a dynamic and organic trajectory. Market observers viewed its rise as a groundbreaking shift within meme-inspired tokens, signaling that authentic community support could translate into sustainable liquidity. Despite fluctuations, the project was perceived as a premier example of an altcoin sustaining relevance through strong network engagement rather than manufactured demand.

Uniswap Anchors DeFi Activity
Uniswap ( UNI) remained unparalleled in its role as a leading decentralized exchange protocol . Analysts emphasized that Uniswap’s liquidity provisions and trading volume underlined its unmatched importance within DeFi infrastructure. UNI’s market action reflected profitable bursts of momentum, although its price remained tied to broader DeFi sentiment. Observers noted that while UNI showed innovative resilience, traders remained cautious about volatility stemming from shifting liquidity flows.

Hedera and Algorand Explore Expansive Use Cases
Hedera (HBAR) and Algorand (ALGO) further solidified their performance in novel strategies in enterprise integration and scalable transactions. Hedera had been quoted to provide stellar transaction throughput, cementing its reputation as a superb, scalable application platform.

Algorand, on the other hand, laid claim to offering a multi-faceted blockchain with high interest and minimal fees, with an unparalleled degree of transaction speed. Both tokens were experiencing small corrections but still with outstanding momentum, as developer activity and institutional alliances grow.

$WIF
#CryptoRally

Shiba Inu death cross indicates bearish momentum after the 9-day moving average fell below the 26-day average, signaling increased selling risk for SHIB. Short-term traders should watch $0.00001223 support, trading volume, and burn activity to assess whether a reversal or further decline is likely.

Death cross formed: 9-day MA below 26-day MA on three-hour chart.

Trading volume rose 17.25% to $221.76 million despite price weakness.

Burn rate plunged over 98% to 223,914 tokens in 24 hours, increasing supply risk.

Shiba Inu death cross prompts caution: monitor support at $0.00001223 and burn metrics for signs of reversal — read analysis and take action.

What is the Shiba Inu death cross and why does it matter?
Shiba Inu death cross is a technical signal that occurs when a short-term moving average crosses below a longer-term moving average, indicating waning bullish momentum and higher probability of continued downside. Traders use it to gauge risk and adjust positions quickly to protect capital.

How does the death cross affect SHIB price and trader behavior?
The death cross typically raises selling pressure as momentum traders exit positions. In SHIB’s case, the 9-day moving average slipped under the 26-day on the three-hour chart, coinciding with a decline below the $0.00001223 support level. Short-term flows can accelerate until a clear volume-backed reversal appears.

SHIB Price Chart | Source: TradingView
As of press time, SHIB traded at $0.00001214, down 0.68% in 24 hours from an intraday high of $0.00001244. The cross and the support breach together confirm a bearish technical posture that could extend near-term losses unless buyers re-enter with higher volume.

When did SHIB’s burn rate change and what does it imply?
The Shiba Inu ecosystem recorded a sharp drop in token burning over the last 24 hours, with only 223,914 tokens sent to dead wallets — a fall of more than 98% from the prior 48-hour spike. A falling burn rate reduces the token’s deflationary pressure and can increase circulating supply risk, which weighs on price.

Low burns after a brief surge (noted as a prior >1,000% climb) suggest burn activity is inconsistent. For SHIB to stabilize, coordinated or organic increases in burn velocity and on-chain demand will be needed to offset selling pressure.

How are trading volume and support levels shaping the outlook?
Trading volume rose by 17.25% to $221.76 million, showing active participation despite the death cross. Higher volume during declines typically confirms selling conviction, while volume spikes on buying could mark a reversal. Key levels to watch: $0.00001223 (recent support) and $0.00001165 (next retest level).

Frequently Asked Questions
Is the Shiba Inu death cross a guaranteed signal to sell?
No. A death cross signals increased downside risk but is not guaranteed. Traders should combine it with volume, support levels, and on-chain metrics like burn rate before making decisions. Risk management and stop placement remain essential.

How much did SHIB trading volume change after the death cross?
Trading volume increased by approximately 17.25% and stood at $221.76 million at press time, indicating elevated trader activity despite price weakness.

What burn rate change was recorded and why is it important?
Burns fell by over 98% to 223,914 tokens in 24 hours. Lower burn rates can increase circulating supply and pressure price if demand does not rise to offset token issuance or selling.

Comparison Table: SHIB Key Metrics
Metric Value Implication
Price (press time) $0.00001214 Near short-term support
24h Change -0.68% Modest decline
Trading Volume $221.76 million (+17.25%) Elevated activity
Burned Tokens (24h) 223,914 (-98% vs prior) Lower deflationary pressure
Technical Signal Death cross on 3-hour chart Bearish momentum
Key Takeaways
Death cross confirmed: 9-day MA below 26-day MA signals higher short-term risk.
Volume up: $221.76M and +17.25% — active trading but directional clarity needed.
Burns collapsed: 223,914 tokens burned (down >98%), increasing supply concerns.
Conclusion
Shiba Inu’s death cross and support breach point to a cautious outlook for SHIB in the near term. Key indicators to watch are the $0.00001223 support level, trading volume trends, and burn-rate recovery. Traders should combine technicals and on-chain metrics before positioning and monitor updates from COINOTAG for developments.

$SHIB
#FOMCMinutes #FOMCMinutes

Polkadot launched a new division to connect its blockchain with traditional finance through real world use cases.
The new unit will focus on tokenization staking and stablecoins to meet institutional demand for blockchain tools.
Recent US regulations encouraged Polkadot to expand its services to banks, asset managers, and financial institutions.
Polkadot has launched Polkadot Capital Group to connect its blockchain infrastructure with traditional financial institutions. The new unit aims to support banks, asset managers, venture funds, and brokers. It responds to growing institutional demand for blockchain integration and improved regulatory clarity in the United States.

ICYMI: Polkadot launches Polkadot Capital Group, positioning it at the centre of tokenization and DeFi to attract institutional players as digital assets gain traction. pic.twitter.com/KWvFpm2BrA

— Cryptopolitan (@CPOfficialtx) August 20, 2025
It is headquartered in the Cayman Islands and the division will operate globally. It will work directly with financial players exploring digital assets. The unit will prioritize practical financial use-cases and scalable blockchain products. This is a transition in blockchain testing to business-grade solutions.

Focus Areas Include Tokenization and Stablecoins
Polkadot Capital Group will prioritize asset tokenization, stablecoin applications, and decentralized finance services. These services include staking, lending, and liquidity provisioning for institutional users. Each product aims to meet demand for secure and efficient blockchain tools.

The company will also explore cross-border settlement using stablecoins to reduce transaction times and costs. Polkadot seeks to support the evolving needs of financial institutions by providing blockchain solutions with practical utility.

Its infrastructure allows financial firms to test and deploy blockchain-based services while meeting compliance and performance expectations. The new unit will work to convert interest into adoption. Polkadot had also implemented RWA tokenization into its ecosystem last year.

Technology Supports Institutional Infrastructure
Polkadot’s multichain architecture supports multiple blockchain systems through its parachain model. This model allows independent blockchains to interact while maintaining control. That design supports large-scale applications and reduces technical friction in complex environments.

It also makes integration easier for financial institutions that require modular and secure systems. The technical flexibility helps Polkadot meet the operational standards expected by regulated entities.

The platform’s architecture is built for scale, offering performance benefits across a wide range of financial activities. This includes asset management, trading, and tokenized settlements.

Regulatory Progress Fuels Market Entry
Recent U.S. legislation has helped shape the timing of Polkadot’s market move. The GENIUS Stablecoin Act and other crypto bills have advanced regulatory discussions. That progress has reduced hesitation among institutions considering blockchain.

The launch of this division comes as competitors move toward tokenized capital markets. Platforms like Digital Asset and Polygon have completed tokenized bond issuances. Firms like Prometheum have raised funds to build tokenized securities platforms.

Major banks including Goldman Sachs and BNY Mellon now test blockchain tools for around-the-clock fund settlement. These trends signal wider institutional interest. Polkadot enters during a phase of active adoption and infrastructure expansion.

$DOT
#AltcoinSeasonLoading

Bitcoin price is consolidating above critical support near $113,000, with improving weekly RSI suggesting renewed bullish momentum; analysts say a sustained push above $113,500 could trigger a breakout toward the $120,000 liquidity zone within coming weeks.

Bitcoin holds above $113K support, eyeing $120K liquidity zone.

Weekly RSI recovery signals improving buyer control despite prior divergence.

Consolidation range $112K–$113.5K is key; a close above $113,500 may confirm breakout.

Bitcoin price consolidates above $113K support; track weekly RSI and $113,500 breakout for a potential rally to $120K — read now for analysis.

What is driving the current Bitcoin price near $113K?

Bitcoin price is trading around $113,500, supported by a weekly RSI recovery and technical support levels that analysts say are critical for momentum. The main drivers are the RSI improvement, resistance flips into support, and a consolidation range that precedes potential expansion.

Market analysts Ali and Kamran Asghar provided independent technical observations this week. Both highlight that the consolidation above $113,000 is a necessary base for a push toward the $120,000 liquidity zone.

How does RSI divergence affect breakout potential?

RSI divergence previously signaled waning momentum as weekly RSI made lower highs while price rose. That pattern cautions traders against blind bullishness.

Now the RSI has moved from below 40 to roughly 60 by mid-2025, showing improving sentiment. While still below classic overbought thresholds, this shift suggests buyers are regaining control and increases the odds of a sustained rally.

Why is $113,500 the key trigger level?

Analysts point to $113,500 as a psychological and technical pivot. A sustained close above this level would confirm that short-term resistance has flipped to support and could attract stop orders and liquidity that drive a move toward $120,000.

What consolidation range should traders watch?

The most relevant consolidation band is between $112,000 and $113,500. Price stability in this range indicates accumulation and reduces the probability of a sharp breakdown. Traders typically wait for a clear directional breakout with accompanying volume to validate trend continuation.

RSI Divergence and Market Sentiment

Ali noted weekly RSI has made lower highs since March last year, signaling divergence despite intermittent price spikes. Historically, such divergence precedes pauses or corrections, and traders treat it as a warning sign.



Source: Ali

Recent climbing of the RSI suggests strengthening resilience following prior corrections. Traders watching weekly momentum view this as a positive signal, though vigilance remains due to historical divergence patterns.

Critical Support and Liquidity Targets

Kamran Asghar observed that Bitcoin completed a weekly cycle retracement and found strong support near $113,000. That base is central to the bullish case toward $120,000.



Source: Kamran Asghar

Broken resistance levels now acting as support strengthen the bullish thesis. Price action showing higher lows and improved RSI increases confidence that a breakout toward the $120K liquidity zone is feasible if conditions persist.

Key Levels and Indicators Level / Indicator Significance$113,000Primary daily support$113,500Trigger level for breakout confirmation$120,000Liquidity zone / targetWeekly RSI ~60Improving momentum, not yet overbought

Frequently Asked Questions

What should traders watch to confirm a Bitcoin breakout?

Watch for a decisive daily close above $113,500 with increasing volume and weekly RSI continuing higher. Confirmation includes resistance flips to support and reduced volatility within the consolidation band.

How long could consolidation last before a move occurs?

Consolidation duration varies; typical weekly cycle consolidation can last several weeks. Traders monitor volume and RSI shifts to time entry and risk management.

Key Takeaways

Support holds: Bitcoin consolidating above $113,000 provides a base for potential upside.

Momentum improving: Weekly RSI recovery indicates renewed buyer control but not overbought conditions.

Trigger level: A sustained close above $113,500 could open the path to $120,000 liquidity zone.

Conclusion

Bitcoin price shows technical resilience above $113K, with improving weekly RSI and flipped resistance levels supporting a bullish outlook. Traders should watch $113,500 for confirmation and manage risk while monitoring momentum indicators. COINOTAG will continue to track developments and update readers as market conditions evolve.

$BTC
#StrategyBTCPurchase

So, Ethereum’s price has been climbing lately, which is good news for a lot of folks. But there’s something else happening under the surface that’s a bit curious. According to analyst Joao Wedson, who’s been sifting through the latest on-chain data, the number of Ethereum whales is actually going down.

It seems a little counterintuitive, right? The value goes up, but the biggest players are holding less. Both the total amount they own and their slice of the overall supply are getting smaller each day. My first thought was that this might be a warning sign, a signal that the big money is quietly getting out.

Why This Might Not Be a Bad Thing
But Wedson suggests we shouldn’t jump to that conclusion. He points out that this isn’t a new story. We saw a similar pattern play out with Bitcoin in the past. The real action, he argues, might not be with the whales at all. Perhaps the real price movements are driven by a different group entirely.

He calls them the ‘sharks.’ These aren’t the colossal whales, but the mid-tier investors. The ones who are still moving serious amounts of capital, just not the very largest sums.

The Rise of the Ethereum ‘Sharks’
In practical terms, Wedson is talking about wallets holding between 10,000 and 100,000 ETH. That’s a pretty significant chunk of change by any measure. And the data shows these addresses haven’t been sitting on their hands.

Apparently, they’ve been buying, and doing it pretty aggressively. Since back in April, this group of investors has added a staggering 4.4 million ETH to their collective holdings. That’s not a small number. It suggests a strong, sustained belief in Ethereum’s value from a powerful segment of the market.

It makes you think about where the real confidence lies. The whales, well, a lot of those massive wallets are tied up in exchanges or belong to long-term holders who just aren’t active. Some might even be in wallets where the keys are lost for good. They’re not really part of the day-to-day market churn.

The Real Market Drivers
The sharks, on the other hand, are actively making decisions. Their consistent accumulation seems to be a much stronger force for price dynamics than the slow, sometimes stagnant, movement of the very largest holders. It’s the difference between a parked car and one that’s constantly navigating traffic.

So, while the decline in whale concentration looks odd at first glance, the story it tells might be more about a shift in influence than a loss of faith. The market’s momentum appears to be coming from a different, perhaps more agile, depth of the ocean. It’s a nuanced picture, for sure.

$ETH
#ETHInstitutionalFlows