EmWa162

#Bitcoin❗ #Bitcoinhaving
In May 2025, Bitcoin$BTC experienced a remarkable surge, reaching an all-time high of nearly $112,000, driven by significant institutional investments, regulatory advancements, and growing adoption by both private and public entities. Travis Kling, founder of Ikigai Asset Management, highlighted these developments as pivotal in propelling Bitcoin's ascent during this period.
🚀 Institutional Investment Fuels Bitcoin's Rise
Major corporations made substantial Bitcoin$BTC acquisitions in May. Strategy, led by Michael Saylor, purchased over 4,000 BTC, bringing its total holdings to 580,250 BTC, valued at approximately $64 billion. Similarly, companies like Trump Media & Technology Group and Twenty One Capital committed billions to Bitcoin treasury strategies, reflecting a broader trend of institutional adoption
🏛️ Regulatory Shifts Enhance Market Confidence
The regulatory landscape saw significant shifts favoring cryptocurrency. President Donald Trump's administration proposed the establishment of a U.S. Strategic Bitcoin$BTC Reserve and hosted events for major crypto stakeholders, signaling a supportive stance toward digital assets. Additionally, the U.S. Senate advanced a bill to regulate stablecoins, marking a move toward clearer crypto legislation
🌍 Global Adoption and Policy Developments
Globally, governments have increasingly embraced Bitcoin. As of January 2025, sovereign entities collectively held an estimated 471,000 BTC, worth over $16.3 billion, integrating digital assets into national reserves. Furthermore, regions like the European Union, Hong Kong, and Singapore have introduced favorable regulations, attracting crypto firms and fostering innovation
📈 Market Outlook and Predictions
Analysts project continued growth for Bitcoin, with forecasts suggesting prices could reach between $180,000 and $200,000 by the end of 2025, driven by institutional demand and regulatory clarity. The influx of investments into Bitcoin ETFs, such as BlackRock's iShares Bitcoin Trust, which received $6.5 billion in the last month, underscores the growing mainstream acceptance of digital assets....

#BTC🔥🔥🔥🔥🔥
The interplay between Bitcoin$BTC , global bond markets, and Japan’s yield curve has become increasingly significant in 2025, reflecting deeper shifts in global finance.
🇯🇵 Japan's Yield Curve: A Global Catalyst
Japan's government bond (JGB) market, traditionally a symbol of stability, is experiencing unprecedented volatility. In May 2025, yields on 30-year JGBs surged to 3.15%, the highest since their inception in 1999 . This spike is attributed to weak demand in long-term bond auctions, with the bid-to-cover ratio dropping to 2.21, the lowest since July 2024 . Factors contributing to this include domestic life insurers retreating due to regulatory changes and losses, banks favoring shorter-term securities, and a reduction in the Bank of Japan’s quantitative easing efforts .
The steepening of the JGB yield curve is influencing global bond markets. Surging JGB yields appear to be affecting U.S. Treasury yields, suggesting that Japan, rather than the U.S., could be shaping global rate policies and cross-asset market dynamics .
₿ Bitcoin: Emerging as a Hedge Against Traditional Finance
Amid the turmoil in Japan's bond market, Bitcoin$BTC has reached new all-time highs, trading above $112,000 in May 2025 . Analysts suggest that Bitcoin's price action is increasingly correlated with Japan’s 30-year bond yields, indicating a shift in investor behavior .
The rising yields and volatility in traditional bond markets are prompting investors to view Bitcoin as a hedge against instability in the traditional financial system. This perspective is gaining traction as confidence in government bonds wanes, and Bitcoin's$BTC decentralized nature offers an alternative store of value .
🌐 Global Implications
Japan's bond market challenges are not isolated; they have global repercussions. The steepening of the JGB yield curve may deter Japanese investors from holding foreign bonds, potentially leading to rising term premia globally . Additionally, the unwinding of the carry trade, where investors borrow in low-yielding yen to invest in higher-yielding assets, could lead to significant capital flows back into Japan, causing volatility in global markets .
These dynamics underscore the interconnectedness of global financial markets and highlight the growing influence of Japan's monetary policy on global economic stability.

#USDollarWarning
Bank of America has issued a warning that the U.S. dollar is poised to decline further this summer, following a significant drop of nearly 9% this year. The dollar index, which measures the greenback against a basket of major currencies, has fallen to 99.74, influenced by escalating trade tensions and policy uncertainties under President Donald Trump's administration.
This depreciation is attributed to several factors, including the administration's tariff policies, rising national debt levels, and signs of an economic slowdown indicated by high-frequency data. The weakening dollar is expected to benefit dollar-denominated assets such as gold and bitcoin, as investors seek alternatives amid the currency's decline.
Investor sentiment reflects growing concern, with 61% of fund managers in Bank of America's April 2025 Global Fund Manager Survey anticipating further depreciation of the dollar over the next year. This shift has led to a reallocation of portfolios away from U.S. assets, with gold emerging as a preferred investment amid rising risk aversion.
As the dollar continues to weaken, it may have broader implications for the global economy, influencing trade balances, inflation rates, and investment strategies worldwide.

#UNI📈
Uniswap's UNI is $UNI token is currently navigating a critical support level around $6, amid heightened market volatility driven by global tariff tensions and interest rate uncertainties.
📉 Market Overview
On June 2, UNI$UNI experienced significant intraday volatility, dropping to a low of $6.045 before recovering to trade above $6.11. This fluctuation reflects cautious investor sentiment in response to macroeconomic pressures. High-volume selling was observed near the $6.30–$6.38 resistance zone, indicating strong overhead supply. Conversely, buyer support emerged around the $6.05–$6.08 range, suggesting a tentative stabilization at this support level .
🌐 Macroeconomic Influences
The broader cryptocurrency market is under pressure due to escalating trade tensions and economic policy shifts. Recent tariff announcements, including a 125% levy on Chinese imports, have unsettled global markets . These developments have contributed to a decline in overall crypto market capitalization, which fell by 2.9% to $3.32 trillion, accompanied by increased trading volumes as investors react to the evolving landscape .
📊 Current UNI Price Snapshot
As of the latest data, Uniswap (UNI)$UNI is trading at approximately $6.13, with an intraday high of $6.36 and a low of $6.07. The token has experienced a slight decrease of 0.16% from the previous close.
🖼️ Visual Insights
For a visual representation of UNI's recent performance and market sentiment:
These resources provide detailed charts and analyses to help you better understand the current market dynamics affecting Uniswap and the broader cryptocurrency landscape.

#BTC🔥🔥🔥🔥🔥 #USDC #USDT #BTC #ETH
As of June 2, 2025, Hong Kong-based crypto payments firm RedotPay has partnered with Circle's Circle Payments Network (CPN) to enhance cross-border transactions in Brazil. This collaboration enables RedotPay users to send cryptocurrencies directly to Brazilian bank accounts, with automatic conversion into Brazilian Real (BRL) upon receipt.
Key Features of the RedotPay-Circle Integration
Instant Crypto-to-BRL Transfers: Users can transfer cryptocurrencies such as USDC$USDC , USDT, ETH$ETH , and BTC$BTC directly to Brazilian bank accounts, with funds typically arriving within 10 minutes.
Fee Waiver During Launch: To encourage adoption, RedotPay is waiving the standard $1 USD transaction fee for Brazilian transfers during the launch period.
Focus on Financial Inclusion: The partnership aims to address challenges in cross-border payments, particularly for underbanked populations, by reducing transaction costs and eliminating traditional settlement delays.
User-Friendly Interface: The RedotPay app, available on iOS and Android, allows users to select their preferred cryptocurrency, input the recipient's bank details, and initiate transfers with ease.
Broader Implications
This integration is part of a larger trend of leveraging stablecoins for real-world financial solutions. Circle's CPN, launched in April 2025, aims to modernize cross-border payments by providing a stablecoin-powered network that facilitates real-time settlements and reduces reliance on traditional banking infrastructure.
RedotPay's initiative in Brazil reflects the growing adoption of cryptocurrencies in Latin America, where digital assets are increasingly used for everyday transactions and as a hedge against economic instability.
For more information on how to use RedotPay's services in Brazil, you can visit their official website or follow their updates on social media.

#ETH🔥🔥🔥🔥🔥🔥
Following Ethereum's$ETH recent Pectra upgrade, which introduced Ethereum Improvement Proposal 7702 (EIP-7702), malicious actors have been exploiting the new feature to target vulnerable wallets. EIP-7702 allows externally owned accounts (EOAs) to temporarily function as smart contracts, enabling advanced functionalities like batched transactions and spending limits. However, this flexibility has also opened doors for potential misuse.
Crypto trading firm Wintermute has identified a prevalent malicious contract pattern dubbed "CrimeEnjoyor." These contracts are designed to automatically sweep funds from wallets, particularly those with compromised private keys. Alarmingly, over 97% of EIP-7702 delegations have been linked to such copy-pasted malicious contracts. Despite the widespread deployment, these contracts have not been profitable, indicating that while the threat is significant, the actual impact has been limited so far.
In response, Wintermute has developed a proactive measure by creating code that injects warnings into these malicious contracts. The warning explicitly states that the contract is used by bad actors to automatically sweep incoming ETH$ETH and advises users not to send any ETH$ETH . This initiative aims to alert users and prevent inadvertent interactions with harmful contracts.
Security firms like Scam Sniffer and SlowMist have also raised concerns. Scam Sniffer reported an incident where a user lost nearly $150,000 due to malicious batched transactions linked to a phishing attack. SlowMist has urged wallet providers to implement safeguards for EIP-7702 transactions, emphasizing the need for clear displays of target contracts during user delegations to mitigate phishing risks.
While EIP-7702 offers enhanced user experience features, the current exploitation underscores the importance of robust security measures and user vigilance. Users are advised to exercise caution, especially when interacting with new contract functionalities, and to ensure the security of their private keys to protect against potential threats.

#DOGEUSDT #Xrp🔥🔥 #SOL
As of June 2, 2025, major cryptocurrencies like Dogecoin (DOGE), XRP$XRP , and Solana (SOL) are exhibiting signs of price stabilization, suggesting potential bottoming patterns. This development comes amid a general market decline influenced by profit-taking and renewed tariff concerns. Despite these factors, Bitcoin traders maintain a long-term optimistic outlook, contributing to a sense of resilience in the broader crypto market .
Current Market Overview
Dogecoin (DOGE): Currently trading at approximately $0.1929, DOGE has shown a modest increase of 0.0159% over the past 24 hours. Analysts predict a bullish outlook for June, with potential price targets ranging between $0.28 and $0.30, and possibly testing $0.35 to $0.40 under favorable conditions .
XRP: Trading around $2.17, XRP has experienced a slight uptick of 0.0046% in the last 24 hours. Technical analyses suggest that XRP may surge by up to 50% in June, driven by factors such as increased adoption and favorable market conditions .
Solana (SOL): With a current price of approximately $156.35, SOL $SOL has risen by 1.08% over the past day. Market forecasts indicate a potential increase to around $185 by late June, supported by the growth of its DeFi ecosystem and overall market strength .
Market Sentiment
Despite recent market fluctuations, the prevailing sentiment among Bitcoin traders remains optimistic. This positive outlook is contributing to a stabilization trend in altcoins like DOGE$DOGE , XRP, and SOL, as investors anticipate potential rebounds in the near term.
Note: Cryptocurrency markets are highly volatile, and prices can change rapidly. It's essential to conduct thorough research and consider risk factors before making investment decision.

#BTC🔥🔥🔥🔥🔥
As of June 2, 2025, Japan-based investment firm Metaplanet has significantly expanded its Bitcoin holdings by acquiring an additional 1,088 BTC$BTC . This purchase brings the company's total Bitcoin reserves to 8,888 BTC, valued at over $930 million .
Key Details:
Purchase Amount: 1,088 BTC
Investment Value: Approximately ¥16.885 billion ($117.5 million)
Average Purchase Price: Around ¥15.5 million ($108,051) per BTC
Total Holdings: 8,888 BTC
Current Valuation: Over $930 million
Metaplanet's aggressive accumulation strategy, initiated in April 2024, aims to reach a target of 10,000 BTC$BTC by the end of the year. This approach has positioned the company as the largest corporate Bitcoin holder in Asia and among the top ten globally .
The firm's commitment to Bitcoin $BTC reflects a broader trend among corporations adopting cryptocurrency as a strategic asset. Metaplanet's stock has responded positively to these developments, mirroring the market's confidence in its crypto-centric investment strategy .
For more detailed information, you can refer to the full article on CoinDesk: Metaplanet Acquires 1,088 Bitcoin to Bring BTC stash to over 930M.

Sources

#ETH🔥🔥🔥🔥🔥🔥
Ethereum (ETH)$ETH recently experienced significant volatility, dipping below the $2,500 mark amid concerns over large-scale sell-offs by major holders, commonly referred to as "whales." The price briefly touched a low of $2,499.09 before recovering to stabilize around $2,506.
Whale Activity and Market Impact
The downturn was largely attributed to substantial ETH $ETH transfers to centralized exchanges. Notably, two Ethereum ICO whales moved approximately 1,546.69 ETH, intensifying market volatility. Additionally, a significant investor, James Wynn, reportedly suffered a $12 million loss within 24 hours, reducing his position from $760 million to $279 million.
Another whale sold 2,559 ETH at a loss of $105,000, reflecting broader market selling pressure and a shift towards risk-off sentiment.
Technical Analysis and Recovery
The price drop was marked by a sharp intraday decline from $2,551.09 to $2,499.09, accompanied by a surge in trading volume exceeding 48,000 ETH $ETH within two minutes. This movement breached the $2,515–$2,520 support zone, raising concerns about institutional distribution.
Despite the initial sell-off, ETH managed to recover above the critical $2,500 level, which now serves as a key psychological and technical support. Analysts suggest that maintaining this level is crucial for determining the near-term market direction.
Historically, June has been a challenging month for Ethereum, with average monthly performance since 2016 showing a decline of 7.4%. However, recent developments, such as Sharplink Gaming's announcement of a $425 million Ether treasury strategy, indicate potential institutional interest that could bolster ETH's price.
Currently, Ethereum is trading at approximately $2,506.40, with an intraday high of $2,545.47 and a low of $2,504.43. The market remains cautious, with investors closely monitoring whale activities and broader economic indicators.

#BTC🔥🔥🔥🔥🔥 #TrumpTariffs
Bitcoin$BTC has rebounded above $104,300 following a sharp decline triggered by U.S. tariff announcements, which led to nearly $1 billion in liquidations across the cryptocurrency market.
The recent volatility was initiated by geopolitical tensions and U.S. trade policy uncertainties, causing Bitcoin $BTC to drop from $105,875 to a low of $103,156—a 2.57% decrease. This downturn resulted in significant liquidations, particularly affecting overleveraged positions.
Despite the initial drop, Bitcoin's price stabilized and rebounded, supported by strong trading volumes near $103,000 and renewed institutional interest. The recovery was marked by a surge from $104,146 to $104,303 within an hour, with 429 BTC$BTC traded, indicating bullish momentum.
Concurrently, U.S. spot Bitcoin ETFs experienced significant outflows, with $616 million withdrawn on May 30, including $430.8 million from BlackRock’s iShares Bitcoin Trust. This marked the end of a 31-day inflow streak and suggests a shift in investor sentiment amid market volatility.
Overall, while Bitcoin faced a brief setback due to macroeconomic factors, its swift recovery above $104,300 demonstrates resilience and continued investor confidence in the cryptocurrency market.

#meliuz #bitcoin
Brazilian fintech company Méliuz (B3: CASH3) has unveiled plans to raise up to 450 million reais (approximately $78 million) through a public share offering, with the intent to allocate all proceeds toward purchasing Bitcoin$BTC
. This strategic move positions Bitcoin$BTC as a primary asset in Méliuz’s treasury, marking a significant shift in the company's financial strategy.
The offering, announced on May 30, 2025, involves an initial issuance of 17 million common shares, aiming to raise around 150 million reais ($26.45 million). Depending on investor demand, the offering could be expanded by up to 200%, potentially increasing the total capital raised to 450 million reais ($78 million). Each share purchased will include free subscription warrants divided into 10 series, allowing investors to buy additional shares at predetermined prices in the future.
Following the announcement, Méliuz's shares experienced a significant decline, dropping over 8% to 8.13 reais. This downturn reflects investor concerns over potential dilution and the company's pivot toward cryptocurrency investments.
Méliuz's decision to invest heavily in Bitcoin$BTC aligns with its broader strategy to transform into Brazil's first publicly traded Bitcoin treasury company. Since March 2025, the company has acquired approximately 320.2 BTC, valued at over $33 million, including a $28.4 million purchase of 274.52 BTC in May. This approach mirrors strategies employed by firms like MicroStrategy, which have integrated Bitcoin into their corporate treasuries.
CryptoRank:-

Brazilian fintech company Méliuz (B3: CASH3) has unveiled plans to raise up to 450 million reais (approximately $78 million) through a public share offering, with the intent to allocate all proceeds toward purchasing Bitcoin. This strategic move positions Bitcoin as a primary asset in Méliuz’s treasury, marking a significant shift in the company's financial strategy.
Offering Details:-

The offering, announced on May 30, 2025, involves an initial issuance of 17 million common shares, aiming to raise around 150 million reais ($26.45 million). Depending on investor demand, the offering could be expanded by up to 200%, potentially increasing the total capital raised to 450 million reais ($78 million). Each share purchased will include free subscription warrants divided into 10 series, allowing investors to buy additional shares at predetermined prices in the future.
Market Reaction:-
Following the announcement, Méliuz's shares experienced a significant decline, dropping over 8% to 8.13 reais. This downturn reflects investor concerns over potential dilution and the company's pivot toward cryptocurrency investments.
Strategic Shif:-

Méliuz's decision to invest heavily in Bitcoin aligns with its broader strategy to transform into Brazil's first publicly traded Bitcoin treasury company. Since March 2025, the company has acquired approximately 320.2 BTC, valued at over $33 million, including a $28.4 million purchase of 274.52 BTC in May. This approach mirrors strategies employed by firms like MicroStrategy, which have integrated Bitcoin into their corporate treasuries.
Conclusion:-

Méliuz's bold move to integrate Bitcoin into its financial framework underscores the growing trend of corporate adoption of cryptocurrencies. While the market's immediate reaction has been cautious, the long-term implications of this strategy will depend on Bitcoin's performance and investor confidence in the company's new direction.

Sources

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Conclusion

Méliuz's bold move to integrate Bitcoin into its financial framework underscores the growing trend of corporate adoption of cryptocurrencies. While the market's immediate reaction has been cautious, the long-term implications of this strategy will depend on Bitcoin's performance and investor c
onfidence in the company's new direction.

#XRPUSDT🚨 #Xrp🔥🔥
XRP $XRP has experienced a notable decline of approximately 4% over the past 24 hours, dropping from $2.20 to around $2.14. This downturn aligns with a broader cryptocurrency market selloff, which has seen the total market capitalization decrease by 3.81% to $3.3 trillion.
Several factors have contributed to this market volatility:
Global Economic Tensions: The U.S. Court of International Trade's decision to overturn Trump-era trade tariffs has reignited trade policy concerns, leading to increased market uncertainty.
Market Liquidations: In the wake of these economic devel economic developments, over $29.68 million in long positions were liquidated, as traders adjusted their exposure to mitigate potential losses.
Technical Support Levels: XRP$XRP faced resistance at $2.21 and found support at $2.11. Analysts are closely monitoring these levels, as a failure to maintain support could signal further declines.
Despite the current downturn, there are signs of potential stabilization. The price has shown some consolidation around the $2.14 mark, suggesting that the market may be finding a new equilibrium. However, investors remain cautious, given the prevailing economic uncertainties and the potential for further volatility.

#CEXvsDEX101
🏦 What is a CEX?
CEX = Centralized Exchange (like Binance, Coinbase)
You sign up, deposit money, and trade. The exchange controls your funds.

👍 Pros:
Easy to use
Fast trades
Good support
High liquidity

👎 Cons:
You don’t own your private keys
Need to complete KYC (ID check)
Can be hacked

🌐 What is a DEX?
DEX = Decentralized Exchange (like Uniswap, PancakeSwap)
You trade directly from your wallet. No signup, no middleman.

👍 Pros:
You control your crypto
No KYC needed
More privacy

👎 Cons:
Can be harder for beginners
Slower trades
Less help if something goes wrong

⚖️ CEX vs DEX: Which is Better?
It depends on what you need!
Feature CEX DEX
Easy to use ✅ ❌
Privacy ❌ ✅
Control ❌ ✅
Fast trades ✅ ⚠️

💬 Final Tip:
Many users use both!
CEX for quick and easy trades, DEX for privacy and control.

What’s your choice? Let us know 👇
#CEXvsDEX101 #CryptoMadeSimple #BinanceSquare

#FTXRefunds #FTX
In a significant development for the cryptocurrency community, FTX$FTT has initiated the second phase of its repayment program, distributing over $5 billion to its creditors. This move is part of FTX's$FTT ongoing efforts to compensate users affected by its 2022 collapse.
Distribution Amount: Over $5 billion is being disbursed to both convenience and non-convenience class creditors.
Timeline: Eligible creditors who have completed the necessary prerequisites can expect to receive their funds within 1 to 3 business days starting today.
Impact on Creditors: While this payout is substantial, it covers only a portion of the total claims. However, it's a positive step forward, offering tangible results to many affected users.
The release of such a significant amount of funds into the market is expected to have notable effects:
Liquidity Surge: Analysts anticipate that the influx of funds could lead to increased retail activity in the crypto market.
Potential Reinvestment: Many recipients might choose to reinvest in cryptocurrencies, potentially boosting the market's momentum.
Market Watch: Observers are closely monitoring the situation to assess the broader implications for the digital asset market.
FTX's$FTT
$5 billion distribution marks a significant milestone in its restructuring efforts. While challenges remain, this development offers a glimmer of hope for creditors and signals a potential shift in the cryptocurrency landscape.

#SUI🔥
Sui (SUI) $SUI eperienced a sharp 6% decline overnight, ropping from $3.59 to a low of $3.38 before finding support at the $3.40 level. This downturn was accompanied by extraordinary trading volume, with over 24.8 million units exchanged—more than triple the average hourly activity .
The sell-off coincided with broader market volatility, influenced by geopolitical tensions, particularly stalled trade negotiations between the U.S. and China, and concerns surrounding the Cetus Protocol exploit, which saw $223 million in assets compromised. However, the Sui $SUI community has shown resilience, with over 90% of validators approving a recovery plan to return $162 million in frozen funds to affected users .
Technical analysis indicates that after the initial plunge, SUI formed an ascending channel, attempting to recover towards the $3.50 resistance level. However, momentum appears to be waning, with recent rejections at $3.48 and increased selling pressure suggesting potential consolidation in the near term .
The $3.40 support level remains critical. A decisive break below this could prompt further declines, potentially dragging SUI$SUI towards the $3.20–$2.90 zone. Conversely, maintaining support above $3.75 and reclaiming $3.85 resistance could trigger a renewed bullish phase.
Investors should monitor these key levels and stay informed about broader market developments, as SUI's price action continues to reflect the dynamic interplay of technical factors and market sentiment.

#LTC📈
Litecoin (LTC)is exhibiting strong bullish signals, with technical patterns and on-chain data suggesting a potential breakout towards the $136 mark.
📈 Technical Analysis: Bullish Patterns Emerge
Analysts have identified a bull flag pattern on Litecoin's chart, typically indicating a continuation of an upward trend. This pattern, characterized by a brief consolidation following a sharp price increase, suggests that LTC$LTC may be gearing up for another surge. The breakout target from this formation is approximately $136, representing a potential 40% gain from current levels .
Additionally, a bullish pennant pattern has formed on the daily chart, further reinforcing the likelihood of an upward move. This pattern, combined with decreasing volume during consolidation phases, often precedes significant price increases.
🧠 On-Chain Metrics: Institutional Interest and Holder Behavior
On-chain data reveals that a significant portion of LTC $LTC is held by long-term investors, with over 75% of holders retaining their positions for at least 18 months. Moreover, large transactions totaling $58 billion in a single week indicate robust institutional involvement .
The majority of Litecoin holders are currently in profit, which may contribute to sustained bullish sentiment and reduced selling pressure.
🔮 Price Targets and Resistance Levels
Should Litecoin $LTC
successfully break through the $136 resistance, analysts have identified subsequent targets at $132.24 and $153.11. These levels represent potential points of resistance where price consolidation or pullbacks might occur .
Conversely, failure to surpass the $136 threshold could result in a retracement to support levels around $117 or $105 .
📊 Current Market Snapshot
As of now, Litecoin is trading at approximately $87.49, experiencing a slight decline of 0.08% from the previous close. The intraday high and low stand at $95.4 and $87.35, respectively.

#AVAX✅
Avalanche (AVAX) #AVAXUSD experienced a notable 6.78% decline over the past 24 hours, dropping from $23.04 to $21.48. This downturn was accompanied by significant trading volume, with a strong resistance level forming at $22.35 due to high volume activity (2.24 million) .
Despite this pullback, on-chain data indicates that AVAX #AVAX✅ AVAhas established a robust support level above $22.8. This support is bolstered by accumulation from approximately 362,000 wallets holding over 21.65 million AVAX coins . Analysts suggest that a consistent close above the $25 liquidity level could trigger a renewed rally, potentially targeting the $35–$55 range.
Currently, AVAX is trading within a range of $21.46 to $24.57. A breakout above $24.57 may pave the way toward higher resistance levels, while a drop below $21.46 could test lower support zones . The broader altcoin market continues to exhibit bearish sentiment, influenced by Bitcoin's $BTC price movements.

#TRXUSD
Tron’s native cryptocurrency, TRX, is exhibiting signs of bearish momentum following a significant price drop to $0.27. This decline, accompanied by heightened trading volume, suggests potential for further downward pressure.
📉 Recent Price Movement
Over the past 24 hours, TRX's price fell from $0.277 to $0.270, indicating notable market volatility. The increased trading volume during this period points to intensified selling activity, raising concerns about sustained bearish trends .
Earlier this week, a brief recovery was observed when TRX rebounded from a low of $0.2721 to $0.2724, supported by substantial buying volume. However, this upward movement was short-lived, as the price has since retreated to the $0.27 range .
⚠️ Market Sentiment and Outlook
The current market sentiment for TRX appears cautious. While some analysts anticipate a potential rally towards $0.50, contingent on favorable market conditions and technical indicators , the immediate outlook is clouded by the recent price drop and increased selling pressure.
Investors are advised to monitor key support levels and market indicators closely. Should TRX fail to maintain support around the $0.27 mark, further declines could ensue. Conversely, a sustained recovery above recent highs may signal a shift towards a more bullish trend .