Matrixport: Rare Signal Confirmed — Bullish Momentum for BTC is Returning
A rare bullish signal has been confirmed, and according to Matrixport analysts, momentum for Bitcoin is making a comeback. They highlight one of the most reliable on-chain indicators on their chart: the Market Value to Realized Value ratio (MVRV). Unlike traditional metrics, this one is grounded in blockchain data, offering a clearer view of actual market demand and fair value. The MVRV has now moved back into positive territory — a shift that has historically marked the beginning of strong upwa
ETH/BTC Pair: Signs of a Reversal and the Start of Altseason?
Analysts at #CryptoRank are spotting early signals that the ETH/BTC ratio might be turning a corner — potentially marking the beginning of a new altcoin cycle. According to #CryptoQuant , Ethereum may have found its bottom against Bitcoin. Over the past week, the ETH/BTC ratio has surged by 38%, bouncing back from its lowest point since January 2020. Here are the key signals that have analysts leaning bullish: • Extreme Undervaluation (MVRV): Ethereum has entered a zone of deep undervaluation
Matrixport: BTC’s Quiet Climb Could Turn into an Explosive Rally in June
Another respected analytics firm is expressing a bullish outlook on #BTC in the near term. According to Matrixport, the recent steady rise in Bitcoin’s price might just be the calm before the storm — with a strong breakout potentially on the horizon as early as June. #Matrixport It’s always a bit concerning when optimistic forecasts start gaining too much traction — but to be fair, I’m not quite at that point yet. As for #Santiment and #Matrixport , I often refer to them because their analysis
🚀 Top 5 Most Promising Cryptocurrencies to Watch in 2025! 💎
Looking for the next big thing in crypto? Here are 5 projects turning heads this year — not just for price, but for real-world utility & innovation: 1. Ethereum ($ETH ) – Still the king of smart contracts. With upgrades rolling out, Ethereum’s ecosystem keeps growing stronger. 2. Solana ($SOL ) – Blazing fast & gaining adoption in DeFi and NFTs. It’s making scalability real. 3. Chainlink ($LINK ) – Powering real-world data for smart contracts. As Web3 grows, so does LINK. 4. Arbitrum (ARB) – Layer 2 scaling done right. Lower gas fees + faster speeds = strong user growth. 5. Render (RNDR) – Decentralized GPU power for AI and 3D rendering. Huge potential in metaverse & media industries.
💡 Remember: DYOR (Do Your Own Research) — Crypto is exciting, but also volatile.
🔹 $BTC Overview • Current Price: $102,953 • Recent Movement: BTC has experienced a slight decline of 0.76% today, trading between $102,796 and $104,275.
Short-Term Outlook: • Resistance Levels: $105,000 and $110,000 • Support Levels: $100,000 and $95,000 • Forecast: If BTC maintains above $100,000, a potential rally towards $110,000 is possible. Conversely, a drop below $95,000 could lead to further declines.
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🔹 $ETH Overview • Current Price: $2,481.21 • Recent Movement: ETH has decreased by 4.95% today, with a trading range between $2,466.40 and $2,631.38.
Short-Term Outlook: • Resistance Levels: $2,600 and $2,800 • Support Levels: $2,400 and $2,200 • Forecast: ETH is showing signs of consolidation. A breakout above $2,600 could lead to a test of $2,800. However, failure to hold above $2,400 may result in a decline towards $2,200.
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🔹 $SUI Overview • Current Price: $3.78 • Recent Movement: SUI has declined by 3.08% today, with a trading range between $3.69 and $3.94.
Short-Term Outlook: • Resistance Levels: $4.00 and $4.20 • Support Levels: $3.60 and $3.50 • Forecast: SUI is experiencing a pullback. If it holds above $3.60, a rebound towards $4.00 is likely. A break below $3.50 could lead to further downside.
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Summary: • BTC: Potential for a rally if it maintains above $100,000. • ETH: Consolidating; watch for a breakout above $2,600. • SUI: Pullback in progress; key support at $3.60.