$ADA is coiling inside a descending wedge and the exit looks ugly 📉
They've been squeezing Cardano into a tighter and tighter range, and right now the lower support is cracking. This isn't a setup built for longs it's a trap that punishes anyone holding hope near $0.22.
The wedge has been printing lower highs for weeks. Upper boundary capping every attempt at $0.26, lower support sitting at $0.22 and the latest candles just broke that floor. No sharp rejection, no fakeout wick, just quiet bearish momentum doing what it does. 👀
Levels that matter:
Above $0.26 —the whole bearish narrative flips. That's where this wedge gets invalidated and the shorts start sweating.
Below $0.22 confirmed next area of interest is $0.20 to $0.21. That's the real target zone and it's closer than most people want to admit. #ADA
Candle behavior near the edge is telling. Bodies are compressing, wicks are shrinking. That kind of silence before a move usually means one side is about to get wrecked. Right now the structure is pointing at late longs as the sacrificial offering.
No volume data visible on this chart, which keeps a small door open for a fakeout but the momentum and candle structure don't lie. ⚡
The market reads bearish until $0.26 proves otherwise.
My $ADA short trade is now over $1500 profit in just 4 hours 🥳🥳
Whales remain heavily bearish, with 423 shorts controlling over $30M in liquidity, while 148 whale longs are currently underwater.
My trade plan remains unchanged. I stay bearish on $ADA and don’t plan to close my short position before $0.20. If the move plays out as expected, it should generate over $3,000 in profit. #ADA
Another perfect call by me. Who opened the $ADA short with me?
BULLISH: Treasury Secretary Scott Bessent says the U.S. is moving at a deliberate speed to establish a strategic Bitcoin Reserve. $BTC
At the same time, Bessent is urging lawmakers to “get behind” the CLARITY Act, saying he wants major crypto market structure legislation passed this summer.
The administration is now pushing BTC reserve plans and crypto regulation in parallel.
Altcoin dominance versus $BTC has surged to 8.57%, its highest level in over a year and the first time reaching this mark since May 14, 2025. #altcoins
Altcoins are showing exceptional strength right now.
As the market struggles to find direction, Peter Schiff is already predicting disaster. According to him, if $BTC drops below $50,000, the next stop could be somewhere under $20,000.
He argues that such a crash would force many long-term holders to capitulate and raise serious questions about the future of the entire crypto market.
The funny part? Over the years, Schiff's Bitcoin obituaries have become something of a bottom indicator. The louder he declares BTC dead, the closer the market often seems to a reversal.
19,000 $BTC and Counting: Strive Keeps Accumulating Bitcoin
Another company is going all-in on Bitcoin - Strive just added 2,500 BTC to its treasury, bringing total holdings to nearly 19,000 BTC. At the same time, the firm is advancing a massive $4.2B funding plan to expand its Bitcoin strategy.
The trend is hard to ignore:
🔹 More companies are treating $BTC as a reserve asset
🔹 Corporate Bitcoin accumulation continues to accelerate
🔹 Supply on exchanges keeps getting tighter
What's interesting is the timing - Bitcoin just dropped over 5% in a single day, falling below $68K after trading above $82K only weeks ago.
While the market is focused on short-term weakness, companies like Strive continue accumulating.
The real question isn't who bought Bitcoin yesterday. It's who will be buying it tomorrow. DYOR 👀
Binance has announced stock and ETF trading for users outside the US, giving access to more than 7,000 equities and funds. The platform promises fractional shares from just $5, zero trading commissions, settlement in USDT, USDC, and other digital assets like $BTC .
Crypto exchanges are no longer competing only with each other.
Now they're coming for traditional brokerages too 👀
In fact, I think LAB could reach the ATH of $38 before starting a brutal dump.
While most traders are busy predicting either $20 or $5, I think they’re missing the bigger picture.
LAB has already proven that conventional analysis isn’t enough for this market. Despite repeated calls for a collapse, price continues to push higher, shorts continue to get squeezed, and large holders continue to show conviction.
My biggest observation is that $LAB’s price action is being driven more by positioning and supply structure than by traditional valuation metrics. When a small group of holders controls the majority of the circulating supply, market behavior becomes very different from what most traders are used to.
Right now, I think shorting $LAB is more risky than staying bullish.
However, if whales start taking profits and selling, the drop could be just as fast and aggressive as the pump.
XRP's Institutional Adoption Story Just Got Bigger 📈
$XRP has secured a place in Bitwise’s first tokenized crypto carry fund, a product managing approximately $259 million in assets and designed for institutional investors seeking yield opportunities in digital assets. The fund includes Bitcoin, Ethereum, Solana, and XRP, highlighting XRP's growing role in institutional crypto portfolios.
What makes this particularly interesting is that the fund is fully tokenized and integrated with DeFi infrastructure, allowing qualified investors to use fund tokens as collateral while maintaining exposure to the underlying assets.
Bitwise CEO Hunter Horsley has repeatedly emphasized the importance of $XRP in institutional markets, and the asset continues to attract attention through ETFs, tokenization initiatives, and growing adoption among professional investors. #xrp
As tokenized finance continues to expand, XRP's inclusion in one of the industry's largest tokenized funds could be another sign that institutional demand for the asset is steadily growing. 🔥
Pavel Durov announced that TON's native token will soon be renamed to Gram - the original name from the project's first whitepaper. The transition is expected to take around 3 weeks. Importantly, $TON will remain the name of the blockchain. Only the token itself is being rebranded.
For those who remember 2018, Gram was the original cryptocurrency behind the TON vision that raised roughly $1.7B before regulators stepped in. Now, the ecosystem is bringing the name back.
If there's going to be a peace deal in the coming days in the Middle East;
- Oil goes down. - Yields go down. - Risk on assets will do well. - #Bitcoin breaks above $80k+ again. - #Altcoins will have their time for the entire summer.
That is likely the plan.
I was concerned whether or not Bitcoin was able to reclaim this area of resistance, and that seems to be the case. $BTC
From that point on, many charts look like they want to break upwards, and that would be putting crypto back on the map.