The-Trend
Crypto is my life | Web3 / Market Insights | YouTube Channel: cryptotrendupdate | Twitter (X) @ TheTrend30 | The trend is my friend | Work smart | NFA | DYOR
Détenteur pour DOGE
Trade régulièrement
3.2 an(s)
3 Suivis
2.4K+ Abonnés
7.5K+ J’aime
256 Partagé(s)
Publications
Tous
Citations
Vidéos
Direct
PINNED
"In the wild world of crypto, every dip is a chance to rise higher—hold steady, for the blockchain never sleeps."
The crypto market is under pressure after the U.S. PPI and Core PPI inflation data surged to their highest levels in 3.5 years, triggering a sharp risk-off reaction.
$BTC and $ETH both sold off aggressively following the release, as traders fear the Fed may keep rates higher for longer.
In the last 60 minutes alone, over $57 million in long positions have been liquidated, accelerating downside volatility across the market
$BTC and $ETH both sold off aggressively following the release, as traders fear the Fed may keep rates higher for longer.
In the last 60 minutes alone, over $57 million in long positions have been liquidated, accelerating downside volatility across the market
U.S. CPI inflation rose to 3.8%, the highest level since May 2023, while Core CPI climbed to 2.8%, its highest reading in 8 months since September 2025.
Both inflation readings came in above market expectations, triggering a sharp shift in rate expectations.
The CME FedWatch Tool is now showing increased odds of a Fed rate hike at the upcoming FOMC meeting, a major reversal from the narrative just months ago when markets were pricing in multiple rate cuts for 2026.
The Fed now appears trapped:
📌 Cutting rates risks fueling inflation further.
📌 Hiking rates risks pressuring an economy already slowing amid geopolitical tensions and oil prices above $100.
$BTC is already reacting to this news with a 1.34% daily drawdown and $ETH hitting a new weekly low.
Watch out for more volatility
Both inflation readings came in above market expectations, triggering a sharp shift in rate expectations.
The CME FedWatch Tool is now showing increased odds of a Fed rate hike at the upcoming FOMC meeting, a major reversal from the narrative just months ago when markets were pricing in multiple rate cuts for 2026.
The Fed now appears trapped:
📌 Cutting rates risks fueling inflation further.
📌 Hiking rates risks pressuring an economy already slowing amid geopolitical tensions and oil prices above $100.
$BTC is already reacting to this news with a 1.34% daily drawdown and $ETH hitting a new weekly low.
Watch out for more volatility
$BSB is consolidating inside a symmetrical triangle after a strong rally. Price is currently testing lower support with short-term bearish momentum.
Support: 0.48 – 0.46
Resistance: 0.55 – 0.70
A breakout above resistance could trigger another rally, while a breakdown below support may send price toward 0.40. A major move is likely approaching.
Support: 0.48 – 0.46
Resistance: 0.55 – 0.70
A breakout above resistance could trigger another rally, while a breakdown below support may send price toward 0.40. A major move is likely approaching.
$GALA is trading near the end of a long-term falling wedge pattern, a setup often linked to bullish reversals. Price compression suggests selling pressure is weakening, and a breakout above resistance could trigger a strong rally toward higher levels. However, failure to break out may continue the broader downtrend.
BIG WEEK AHEAD FOR MARKETS
Key economic events this week could drive major volatility across stocks and crypto $BTC
• MON — Existing Home Sales
• TUE — CPI Inflation Data
• WED — PPI Inflation + OPEC Report
• THU — Retail Sales
• FRI — Industrial Production + Fed Chair Jerome Powell’s final day
Markets will be closely watching inflation and consumer data for clues on interest rate direction, while energy markets could react sharply to the OPEC report.
Expect heightened volatility throughout the week.
Key economic events this week could drive major volatility across stocks and crypto $BTC
• MON — Existing Home Sales
• TUE — CPI Inflation Data
• WED — PPI Inflation + OPEC Report
• THU — Retail Sales
• FRI — Industrial Production + Fed Chair Jerome Powell’s final day
Markets will be closely watching inflation and consumer data for clues on interest rate direction, while energy markets could react sharply to the OPEC report.
Expect heightened volatility throughout the week.
$C98 is trading inside a long-term falling wedge pattern on the weekly chart, signaling possible trend reversal after years of decline. The price is holding near major support around $0.02 while bearish momentum weakens.
A breakout above the descending resistance could trigger a strong recovery toward higher resistance zones, but confirmation is still needed since the breakout has not happened yet.
A breakout above the descending resistance could trigger a strong recovery toward higher resistance zones, but confirmation is still needed since the breakout has not happened yet.
Toncoin ( $TON ) is consolidating inside a symmetrical triangle on the 4H chart after a strong rally. The price is nearing a breakout point, with bulls still holding a slight advantage.
Bullish breakout targets: $2.65–$3.00
Bearish breakdown targets: $2.35–$2.00
The next move outside the triangle will likely determine TON’s short-term trend.
Bullish breakout targets: $2.65–$3.00
Bearish breakdown targets: $2.35–$2.00
The next move outside the triangle will likely determine TON’s short-term trend.
Altcoins were hit hardest during the recent market correction, with the Total3 index losing over $544B in market cap. However, sentiment may be starting to shift, as around $125B has flowed back into the altcoin market since early February.
Despite the recovery, many traders remain bearish. On Binance, $XRP funding rates have stayed negative for nearly three months the longest bearish stretch in recent history even while XRP gained 27% during that period.
Historically, extreme bearish positioning after major corrections has often preceded strong reversals, similar to April 2025 when XRP rebounded from $1.25 and later rallied 126%.
Despite the recovery, many traders remain bearish. On Binance, $XRP funding rates have stayed negative for nearly three months the longest bearish stretch in recent history even while XRP gained 27% during that period.
Historically, extreme bearish positioning after major corrections has often preceded strong reversals, similar to April 2025 when XRP rebounded from $1.25 and later rallied 126%.
Bitcoin reserves held by OTC desks have fallen to a new all-time low of just 142,000 $BTC down from around 550,000 $BTC in September 2021.
OTC desks are commonly used by institutions and large investors to buy Bitcoin privately without heavily affecting market price. Despite ongoing inflows, demand continues absorbing available supply.
If OTC liquidity keeps shrinking, large buyers may eventually be forced to purchase directly on exchanges, potentially increasing upward price pressure on Bitcoin.
OTC desks are commonly used by institutions and large investors to buy Bitcoin privately without heavily affecting market price. Despite ongoing inflows, demand continues absorbing available supply.
If OTC liquidity keeps shrinking, large buyers may eventually be forced to purchase directly on exchanges, potentially increasing upward price pressure on Bitcoin.
$DOGE remains bullish on the daily chart, holding above a rising support trendline. The price is facing resistance around $0.11 - $0.12 and may see a short-term pullback toward $0.09–$0.095 before attempting another breakout. If support holds, DOGE could rally toward the $0.14 area.
$ZEC Hope you did fade this!!!
It's up more than 10% after posting the price chart set up today!
It's up more than 10% after posting the price chart set up today!
$ZEC on the 4hr price chart is consolidating inside a symmetrical triangle after a strong rally, signaling a potential breakout soon.
A break above the resistance level will give way for a target of $600-$620+ or $700
And a break below the support level will bring back a Bearish move towards $540–$520
The overall trend remains bullish unless support breaks.
A break above the resistance level will give way for a target of $600-$620+ or $700
And a break below the support level will bring back a Bearish move towards $540–$520
The overall trend remains bullish unless support breaks.
$EIGEN is showing signs of a possible long-term bottom after months of downtrend. Price is consolidating near key support around $0.20 while approaching a major descending resistance line. A breakout could trigger a strong recovery toward higher resistance zones, potentially around $2, while failure to hold support would keep the bearish trend intact.
$ZEC on the 4hr price chart is consolidating inside a symmetrical triangle after a strong rally, signaling a potential breakout soon.
A break above the resistance level will give way for a target of $600-$620+ or $700
And a break below the support level will bring back a Bearish move towards $540–$520
The overall trend remains bullish unless support breaks.
A break above the resistance level will give way for a target of $600-$620+ or $700
And a break below the support level will bring back a Bearish move towards $540–$520
The overall trend remains bullish unless support breaks.
$BTC is seeing its fastest drop in holders in nearly 2 years, with 245,000 wallets exiting over the past 5 days, according to Santiment.
Historically, this kind of capitulation has often occurred just before major bullish moves, as weak hands exit the market before a new rally begins.
Historically, this kind of capitulation has often occurred just before major bullish moves, as weak hands exit the market before a new rally begins.
#ETF FLOWS UPDATE: Spot Bitcoin and Ethereum ETFs recorded net outflows on May 7, while Solana ETFs continued to attract capital.
$BTC : -$277.5M
$ETH : -$103.52M
$SOL : +$6.67M
The data points to short-term cooling in BTC and ETH demand, while investor interest in SOL remains relatively strong.
$BTC : -$277.5M
$ETH : -$103.52M
$SOL : +$6.67M
The data points to short-term cooling in BTC and ETH demand, while investor interest in SOL remains relatively strong.
Connectez-vous pour découvrir d’autres contenus