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$BTC Bitcoin Price Watch: Range-Bound Action Hints at Imminent Move
Bitcoin
The 1-hour chart analysis reveals a consolidation phase for bitcoin between $105,000 and $106,000, suggesting indecision in the immediate market direction. The last peak at $106,000 created a rounded top pattern, hinting at weakening bullish momentum. With support forming at $104,500, a breakout above $106,000 backed by strong bullish volume could ignite a fresh upward leg. Conversely, a price dip to the $104,800 level accompanied by decreasing sell volume might serve as a scalp buy opportunity. An appropriate exit for short-term positions lies near $106,500–$107,000, with stop-loss placements advised below $104,500 to mitigate downside risk.
On the 4-hour chart, bitcoin illustrated a V-shaped recovery after dipping to $100,426, with a series of higher highs and higher lows manifesting since June 6. Despite this bullish structure, resistance at $106,800 has formed, and recent candlestick patterns signal market hesitation near that level. A confirmed breakout above this resistance could validate a long entry, whereas rejection may lead to a pullback toward the $102,500–$103,000 zone. Traders eyeing this time frame should consider entries around $104,500–$105,000 and stagger exits between $107,000–$108,000, maintaining vigilance for false breakouts amid declining volume.
Daily BTC/USD chart data supports a bullish macro trend from late May into early June, peaking at $112,000 before experiencing a corrective retracement. The pullback found stability within the $100,000–$102,000 support zone, which has been tested multiple times. The price is now consolidating near $106,000–$108,000, suggesting a period of accumulation. For swing traders, a return to the $104,000–$105,000 range—especially with a long lower wick or a volume spike—may present a high-probability entry point. Profitable exits could be targeted at $108,000–$110,000, with stops recommended just below $102,000.
Bitcoin
The 1-hour chart analysis reveals a consolidation phase for bitcoin between $105,000 and $106,000, suggesting indecision in the immediate market direction. The last peak at $106,000 created a rounded top pattern, hinting at weakening bullish momentum. With support forming at $104,500, a breakout above $106,000 backed by strong bullish volume could ignite a fresh upward leg. Conversely, a price dip to the $104,800 level accompanied by decreasing sell volume might serve as a scalp buy opportunity. An appropriate exit for short-term positions lies near $106,500–$107,000, with stop-loss placements advised below $104,500 to mitigate downside risk.
On the 4-hour chart, bitcoin illustrated a V-shaped recovery after dipping to $100,426, with a series of higher highs and higher lows manifesting since June 6. Despite this bullish structure, resistance at $106,800 has formed, and recent candlestick patterns signal market hesitation near that level. A confirmed breakout above this resistance could validate a long entry, whereas rejection may lead to a pullback toward the $102,500–$103,000 zone. Traders eyeing this time frame should consider entries around $104,500–$105,000 and stagger exits between $107,000–$108,000, maintaining vigilance for false breakouts amid declining volume.
Daily BTC/USD chart data supports a bullish macro trend from late May into early June, peaking at $112,000 before experiencing a corrective retracement. The pullback found stability within the $100,000–$102,000 support zone, which has been tested multiple times. The price is now consolidating near $106,000–$108,000, suggesting a period of accumulation. For swing traders, a return to the $104,000–$105,000 range—especially with a long lower wick or a volume spike—may present a high-probability entry point. Profitable exits could be targeted at $108,000–$110,000, with stops recommended just below $102,000.
$USDC Tether Fuels $2.5B Stablecoin Growth This Week
The stablecoin sector expanded by a full percentage point this past week, growing by $2.558 billion in total. Of that figure, a hefty $1.45 billion came directly from Tether’s USDT, continuing its lead role in the space.
Stablecoin Market Swells by $2.5B in 7 Days
As of now, data from defillama.com shows the stablecoin market hovering just shy of the $250 billion threshold, clocking in at $249.986 billion. Since last Saturday, the overall stablecoin supply has increased by $2.558 billion—with Tether alone minting $1.45 billion of that total.
On Saturday, June 7, Tether’s USDT boasted a market cap of $155.115 billion, claiming 62.05% of the entire $249 billion stablecoin ecosystem. Meanwhile, Circle’s USDC saw only a slight uptick, inching up 0.06% with a modest $38 million addition. USDC’s total valuation this weekend now sits at $60.643 billion.
Among the top ten players, Sky’s USDS and Paypal’s PYUSD saw the most upward action this week, jumping by 14.05% and 10.69%, respectively. On the flip side, Sky’s DAI dropped 7.54%, while First Digital’s FDUSD dipped 7.18%. World Liberty Financial’s USD1 nudged ahead by 0.23%, gaining $5 million over the past seven days.
So far in 2025 since the start of the year, the stablecoin economy has grown by $44.776 billion.
The stablecoin sector expanded by a full percentage point this past week, growing by $2.558 billion in total. Of that figure, a hefty $1.45 billion came directly from Tether’s USDT, continuing its lead role in the space.
Stablecoin Market Swells by $2.5B in 7 Days
As of now, data from defillama.com shows the stablecoin market hovering just shy of the $250 billion threshold, clocking in at $249.986 billion. Since last Saturday, the overall stablecoin supply has increased by $2.558 billion—with Tether alone minting $1.45 billion of that total.
On Saturday, June 7, Tether’s USDT boasted a market cap of $155.115 billion, claiming 62.05% of the entire $249 billion stablecoin ecosystem. Meanwhile, Circle’s USDC saw only a slight uptick, inching up 0.06% with a modest $38 million addition. USDC’s total valuation this weekend now sits at $60.643 billion.
Among the top ten players, Sky’s USDS and Paypal’s PYUSD saw the most upward action this week, jumping by 14.05% and 10.69%, respectively. On the flip side, Sky’s DAI dropped 7.54%, while First Digital’s FDUSD dipped 7.18%. World Liberty Financial’s USD1 nudged ahead by 0.23%, gaining $5 million over the past seven days.
So far in 2025 since the start of the year, the stablecoin economy has grown by $44.776 billion.
#CryptoSecurity101 Bitcoin rebounds after liquidation-driven sell-off triggered by Trump-Musk clash
A very public falling out between U.S. President Donald Trump and billionaire Elon Musk has added fuel to an already volatile financial environment, triggering a broad-based sell-off across traditional equities and digital assets. Tesla's stock plummeted 15% on Thursday, dragging risk assets down with it, including Bitcoin
BTC +1.96%
, which tested its $100,000 support level amid nearly $1 billion in liquidations.
While much of the attention has focused on the high-profile clash between two of the world’s most influential figures, crypto analyst and Coin Bureau founder Nic Puckrin says the impact runs deeper.
"The public spat we're seeing between Musk and Trump was nothing if not predictable," Puckrin said. "But the markets don’t like this at all, and it’s only likely to get worse as emotions escalate. Combine that with uncertainty around Trump’s 'big, beautiful bill,' the debt ceiling, and eight-month-high jobless claims, and you’ve got a perfect storm."
President Trump and Musk's dispute was triggered by disagreements over Trump's tax and spending bill, which the Tesla and X CEO criticized as a "disgusting abomination." Musk had recently stepped aside from his role leading the Department of Government Efficiency (DOGE) in order to focus on his business ventures.
A White House official told NBC News on Friday that the president is "not interested" in having a call with Musk to resolve the feud.
Puckrin noted Bitcoin’s long/short ratio has tipped slightly bearish at 47/53, a potential indicator of an impending reversal.
"A close above $102,000 today would be a good sign the sell-off is losing steam," he said. "But if that reversal fails at $106,000, we could be in for more downside."
The price of Bitcoin traded around $104,700 at publication time, up 1.6% over the past 24 hours, according to The Block's BTC price data. Of note, the Official Trump
TRUMP -1.21%
token is down another 3.6% after shedding about 10% Thursday afternoon.
A very public falling out between U.S. President Donald Trump and billionaire Elon Musk has added fuel to an already volatile financial environment, triggering a broad-based sell-off across traditional equities and digital assets. Tesla's stock plummeted 15% on Thursday, dragging risk assets down with it, including Bitcoin
BTC +1.96%
, which tested its $100,000 support level amid nearly $1 billion in liquidations.
While much of the attention has focused on the high-profile clash between two of the world’s most influential figures, crypto analyst and Coin Bureau founder Nic Puckrin says the impact runs deeper.
"The public spat we're seeing between Musk and Trump was nothing if not predictable," Puckrin said. "But the markets don’t like this at all, and it’s only likely to get worse as emotions escalate. Combine that with uncertainty around Trump’s 'big, beautiful bill,' the debt ceiling, and eight-month-high jobless claims, and you’ve got a perfect storm."
President Trump and Musk's dispute was triggered by disagreements over Trump's tax and spending bill, which the Tesla and X CEO criticized as a "disgusting abomination." Musk had recently stepped aside from his role leading the Department of Government Efficiency (DOGE) in order to focus on his business ventures.
A White House official told NBC News on Friday that the president is "not interested" in having a call with Musk to resolve the feud.
Puckrin noted Bitcoin’s long/short ratio has tipped slightly bearish at 47/53, a potential indicator of an impending reversal.
"A close above $102,000 today would be a good sign the sell-off is losing steam," he said. "But if that reversal fails at $106,000, we could be in for more downside."
The price of Bitcoin traded around $104,700 at publication time, up 1.6% over the past 24 hours, according to The Block's BTC price data. Of note, the Official Trump
TRUMP -1.21%
token is down another 3.6% after shedding about 10% Thursday afternoon.
$BTC Bitcoin Craters to $100K as $837M in Crypto Positions Vanish
On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day.
Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for 29 consecutive days—a record-setting stretch for the world’s most prominent digital asset. The decline sent altcoins tumbling as well, with many logging steep double-digit losses. According to coinglass.com, more than $100 million in BTC long positions were liquidated during the hour bitcoin hit the intraday low of $100,426. Altogether, roughly $837.15 million in leveraged bets—both long and short—were wiped out across the crypto market, with longs accounting for $770 million of the damage.
By 5:15 p.m. Eastern time, BTC is holding around the $100,739 range, for now.
On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day.
Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for 29 consecutive days—a record-setting stretch for the world’s most prominent digital asset. The decline sent altcoins tumbling as well, with many logging steep double-digit losses. According to coinglass.com, more than $100 million in BTC long positions were liquidated during the hour bitcoin hit the intraday low of $100,426. Altogether, roughly $837.15 million in leveraged bets—both long and short—were wiped out across the crypto market, with longs accounting for $770 million of the damage.
By 5:15 p.m. Eastern time, BTC is holding around the $100,739 range, for now.
#TradingTypes101 Bitcoin $120K ‘epic mic drop’ rally set after US court blocks Trump tariffs
Swyftx lead analyst Pav Hundal says “a wall of money” is coming into Bitcoin after a US court blocked Donald Trump’s tariffs.
Bitcoin is poised to rally toward $120,000 after a US federal court blocked the majority of President Donald Trump’s tariffs, a crypto analyst says.
“The trade court decision was an epic mic drop, and it’s going to intensify momentum behind Bitcoin,” Swyftx lead analyst Pav Hundal told Cointelegraph.
The US Court of International Trade reportedly blocked Trump from imposing his tariffs on May 28, arguing that he overstepped his authority.
Court “blows a hole in trade talks”
Hundal said the decision would have a domino effect on Bitcoin’s price and believes “new all-time highs are imminent, and the momentum is largely irreversible at this stage.”
Bitcoin’s
BTC
$107,761
current all-time high of $111,970 was reached on May 22, but it has since fallen to trade around $107,750, according to CoinMarketCap data.
The Trump administration has reportedly filed an appeal to the court’s decision and Hundal said that regardless of whether it presents a new justification for the tariffs, the market sentiment has already changed.
Traders ponder “green candles” tomorrow
Crypto analyst Bitcoin Ranchy said, “So Trump tariffs are illegal? Does that mean we get green candles all around tomorrow?”
Hundal said “a wall of money” is coming into Bitcoin through corporations, spot Bitcoin ETFs and retail. The trading week ending May 23 saw US-based spot Bitcoin exchange-traded funds (ETFs) record a total of $2.75 billion in inflows.
Related: Bitcoin analyst says BTC price peak in $220K to $330K range still possible
Swyftx lead analyst Pav Hundal says “a wall of money” is coming into Bitcoin after a US court blocked Donald Trump’s tariffs.
Bitcoin is poised to rally toward $120,000 after a US federal court blocked the majority of President Donald Trump’s tariffs, a crypto analyst says.
“The trade court decision was an epic mic drop, and it’s going to intensify momentum behind Bitcoin,” Swyftx lead analyst Pav Hundal told Cointelegraph.
The US Court of International Trade reportedly blocked Trump from imposing his tariffs on May 28, arguing that he overstepped his authority.
Court “blows a hole in trade talks”
Hundal said the decision would have a domino effect on Bitcoin’s price and believes “new all-time highs are imminent, and the momentum is largely irreversible at this stage.”
Bitcoin’s
BTC
$107,761
current all-time high of $111,970 was reached on May 22, but it has since fallen to trade around $107,750, according to CoinMarketCap data.
The Trump administration has reportedly filed an appeal to the court’s decision and Hundal said that regardless of whether it presents a new justification for the tariffs, the market sentiment has already changed.
Traders ponder “green candles” tomorrow
Crypto analyst Bitcoin Ranchy said, “So Trump tariffs are illegal? Does that mean we get green candles all around tomorrow?”
Hundal said “a wall of money” is coming into Bitcoin through corporations, spot Bitcoin ETFs and retail. The trading week ending May 23 saw US-based spot Bitcoin exchange-traded funds (ETFs) record a total of $2.75 billion in inflows.
Related: Bitcoin analyst says BTC price peak in $220K to $330K range still possible
#broccoli Broccoli Token ($BROCCOLI714 ) A Meme Coin with a Bite! 🚀
Ever heard of a crypto inspired by a dog? That's Broccoli Token for you! This memecoin, often found on the Binance Smart Chain (BSC), gained traction from its connection to Changpeng Zhao (CZ), Binance's former CEO, and his beloved dog, Broccoli.
What makes it tick.
Community-Driven: Like many memecoins, Broccoli thrives on community engagement and meme culture.
Zero Transaction Fees: It boasts a 0% buy and sell tax, making trades potentially more cost-effective.
BNB Chain Advantage: Built on BSC, it benefits from fast and relatively low-cost transactions.
No Central Control: The project emphasizes decentralization, relying on its community for development.
Ever heard of a crypto inspired by a dog? That's Broccoli Token for you! This memecoin, often found on the Binance Smart Chain (BSC), gained traction from its connection to Changpeng Zhao (CZ), Binance's former CEO, and his beloved dog, Broccoli.
What makes it tick.
Community-Driven: Like many memecoins, Broccoli thrives on community engagement and meme culture.
Zero Transaction Fees: It boasts a 0% buy and sell tax, making trades potentially more cost-effective.
BNB Chain Advantage: Built on BSC, it benefits from fast and relatively low-cost transactions.
No Central Control: The project emphasizes decentralization, relying on its community for development.
Impact on WCT Valuation and Multi-Chain Growth
Did you know? WalletConnect's previous airdrop of 50 million WCT in 2024 set a precedent for Solana's large-scale engagement, now reinforcing its position in multi-chain DeFi markets.
According to CoinMarketCap, WalletConnect Token (WCT) is currently valued at $0.59 with a market cap of approximately $109.58 million. The token has experienced varied price changes, with a 55.70% rise over 30 days, despite a 2.81% decline in the past 24 hours. The transition to Solana might impact trading volume and circulating supply dynamics.
The Coincu research team suggests that WalletConnect's Solana entry could incentivize further adoption of chain-agnostic DeFi protocols. It's likely to influence regulatory oversight on decentralized governance models, a growing trend in blockchain technologies.
#WCTBonus
#TrumpTariffs
#SaylorBTCPurchase
#Bitcoin2025
#WCTto1Dollar
Did you know? WalletConnect's previous airdrop of 50 million WCT in 2024 set a precedent for Solana's large-scale engagement, now reinforcing its position in multi-chain DeFi markets.
According to CoinMarketCap, WalletConnect Token (WCT) is currently valued at $0.59 with a market cap of approximately $109.58 million. The token has experienced varied price changes, with a 55.70% rise over 30 days, despite a 2.81% decline in the past 24 hours. The transition to Solana might impact trading volume and circulating supply dynamics.
The Coincu research team suggests that WalletConnect's Solana entry could incentivize further adoption of chain-agnostic DeFi protocols. It's likely to influence regulatory oversight on decentralized governance models, a growing trend in blockchain technologies.
#WCTBonus
#TrumpTariffs
#SaylorBTCPurchase
#Bitcoin2025
#WCTto1Dollar
WalletConnect Expands to Solana, Airdrops 5 Million Tokens
WalletConnect, founded by Pedro Gomes, has launched its governance token, WCT, on Solana and executed a 5 million token airdrop to active Solana users. This move marks the beginning of WalletConnect's shift to a "multi-chain process," according to Gomes. The transition to Solana involves collaborations with major applications like Phantom, Jupiter, Backpack, and Solflare.
The immediate result includes increased engagement with WalletConnect’s partners on Solana. The airdrop adds liquidity and could enhance transaction volumes on the platform. Major Solana applications such as Save and Drift have already integrated WalletConnect's infrastructure, illustrating significant ecosystem involvement.
Market response has been positive, with community excitement evident on forums and social media. Key industry figures have noted the potential for increased cross-chain interaction. WalletConnect's founder, Pedro Gomes, stated, "The protocol is moving from an 'Ethereum-centric' to a 'chain-independent protocol', with in-depth collaboration with the Solana ecosystem ongoing for several months."
#WCTto1Dollar
#WhaleJamesWynnWatch
#TrumpTariffs
#SaylorBTCPurchase
#Bitcoin2025
WalletConnect, founded by Pedro Gomes, has launched its governance token, WCT, on Solana and executed a 5 million token airdrop to active Solana users. This move marks the beginning of WalletConnect's shift to a "multi-chain process," according to Gomes. The transition to Solana involves collaborations with major applications like Phantom, Jupiter, Backpack, and Solflare.
The immediate result includes increased engagement with WalletConnect’s partners on Solana. The airdrop adds liquidity and could enhance transaction volumes on the platform. Major Solana applications such as Save and Drift have already integrated WalletConnect's infrastructure, illustrating significant ecosystem involvement.
Market response has been positive, with community excitement evident on forums and social media. Key industry figures have noted the potential for increased cross-chain interaction. WalletConnect's founder, Pedro Gomes, stated, "The protocol is moving from an 'Ethereum-centric' to a 'chain-independent protocol', with in-depth collaboration with the Solana ecosystem ongoing for several months."
#WCTto1Dollar
#WhaleJamesWynnWatch
#TrumpTariffs
#SaylorBTCPurchase
#Bitcoin2025
Hyperliquid Whale Places New Bet on PEPE-Based Memecoin: ‘Once a Degen, Always a Degen’
The trader known as “James Wynn,” or “moonpig” on the decentralized exchange Hyperliquid, has made waves again by placing a nearly $2 million bet on the memecoin kPEPE, just days after his record high position on bitcoin on the same platform. This significant move marks a shift from high-stakes bitcoin trading to a focus on memecoins, with the trader utilizing 10x leverage for the position. In a recent social media comment, the high-flying trader remarked, “Back in the casino already. Only thing is… can I keep my positions under control… Once a degen, always a degen,” reflecting his high-risk trading style. As of the time of writing, PEPE is up 7.3% compared to 24 hours ago and has increased by 9.9% over the past week.
#MarketRebound
#TrumpTariffs
#SaylorBTCPurchase
The trader known as “James Wynn,” or “moonpig” on the decentralized exchange Hyperliquid, has made waves again by placing a nearly $2 million bet on the memecoin kPEPE, just days after his record high position on bitcoin on the same platform. This significant move marks a shift from high-stakes bitcoin trading to a focus on memecoins, with the trader utilizing 10x leverage for the position. In a recent social media comment, the high-flying trader remarked, “Back in the casino already. Only thing is… can I keep my positions under control… Once a degen, always a degen,” reflecting his high-risk trading style. As of the time of writing, PEPE is up 7.3% compared to 24 hours ago and has increased by 9.9% over the past week.
#MarketRebound
#TrumpTariffs
#SaylorBTCPurchase
Macro context is doing Dogecoin no favours. With Treasury yields pushing toward new quarterly highs and Fitcoin dominance creeping up, liquidity has drained from high-beta altcoins. Even January’s debut of the Grayscale Dogecoin Trust, which helped funnel institutional money into the asset earlier this year, has not arrested the rotation out of fringe tokens during May’s risk-off stretch.
From a market-structure standpoint, the token’s immediate fate boils down to whether bulls can defend the $0.21 pivot called out in the analysis. A daily close beneath that threshold would give bears license to press toward $0.19, while a break of the $0.247-cent barrier is the only development the analyst concedes could “reduce the potential for that decline.”
At press time, DOGE traded at $0.228.
From a market-structure standpoint, the token’s immediate fate boils down to whether bulls can defend the $0.21 pivot called out in the analysis. A daily close beneath that threshold would give bears license to press toward $0.19, while a break of the $0.247-cent barrier is the only development the analyst concedes could “reduce the potential for that decline.”
At press time, DOGE traded at $0.228.
Dogecoin Chart Turns Ugly—This Price Could Trigger Panic
Dogecoin Price Crash Incoming?
Technical analyst More Crypto Online argues in his latest YouTube briefing that the structure of this advance “rallied in three waves like many other crypto charts into the Friday swing high,” lacked the five-wave punch normally required to sustain upside continuation, and has already reversed into what looks like “a micro five-wave move down.”
The Elliottician stated: “Doge rallied in three waves like many other crypto charts into the Friday swing high,” he told viewers at the top of the clip, stressing that the advance from the April 26 trough “was just not convincing.”
The essence of his argument is that Dogecoin’s leap from $0.164 to the May 11 intraday peak at $0.259 never produced the five-wave structure that Elliott Wave theory associates with trend-sustaining moves.
Instead, price action has already begun what he counts as a “micro five-wave move down,” thereby signalling that the April–May rise likely formed only the B-wave of a larger A-B-C correction. “As soon as the price breaks below the red dotted line at $0.21, the scenario for a larger pullback in the yellow count becomes confirmed,” he said, adding that nothing on the chart currently invalidates that view.
The “yellow” scenario envisages an extended C-wave unfolding in five sub-waves and targeting the 38.2 %–78.6 % Fibonacci retracement cluster derived from the April rally. In plain numbers, that translates to $0.199–0.183 in the coming sessions.
Testing $0.19.9 to $0.183 cents over the coming sessions seems like quite a probable outcome,” More Crypto Online said. “We already have a five-wave decline from yesterday’s high, so we have to be ready for potentially just corrective rallies and then a sharp decline in wave three.”
That roadmap leaves room for a brief recovery wave—he calls it wave 2 of C—to probe initial resistance at $0.23.3 to $0.24.7. Yet the analyst cautioned that any bounce should remain “only corrective” in character; a decisive -
Dogecoin Price Crash Incoming?
Technical analyst More Crypto Online argues in his latest YouTube briefing that the structure of this advance “rallied in three waves like many other crypto charts into the Friday swing high,” lacked the five-wave punch normally required to sustain upside continuation, and has already reversed into what looks like “a micro five-wave move down.”
The Elliottician stated: “Doge rallied in three waves like many other crypto charts into the Friday swing high,” he told viewers at the top of the clip, stressing that the advance from the April 26 trough “was just not convincing.”
The essence of his argument is that Dogecoin’s leap from $0.164 to the May 11 intraday peak at $0.259 never produced the five-wave structure that Elliott Wave theory associates with trend-sustaining moves.
Instead, price action has already begun what he counts as a “micro five-wave move down,” thereby signalling that the April–May rise likely formed only the B-wave of a larger A-B-C correction. “As soon as the price breaks below the red dotted line at $0.21, the scenario for a larger pullback in the yellow count becomes confirmed,” he said, adding that nothing on the chart currently invalidates that view.
The “yellow” scenario envisages an extended C-wave unfolding in five sub-waves and targeting the 38.2 %–78.6 % Fibonacci retracement cluster derived from the April rally. In plain numbers, that translates to $0.199–0.183 in the coming sessions.
Testing $0.19.9 to $0.183 cents over the coming sessions seems like quite a probable outcome,” More Crypto Online said. “We already have a five-wave decline from yesterday’s high, so we have to be ready for potentially just corrective rallies and then a sharp decline in wave three.”
That roadmap leaves room for a brief recovery wave—he calls it wave 2 of C—to probe initial resistance at $0.23.3 to $0.24.7. Yet the analyst cautioned that any bounce should remain “only corrective” in character; a decisive -
#StablecoinPayments Visa has partnered with Bridge to launch stablecoin-backed cards across Latin America, allowing users to spend stablecoins for everyday transactions at over 150 million Visa-accepting merchants. This follows Mastercard’s recent move to integrate stablecoin payments globally through partnerships with Circle, Paxos, and Nuvei.
💬 Is this a major breakthrough for crypto’s path to mainstream adoption? How do you see stablecoin-enabled cards shaping the future of everyday payments?
👉 Create a post with the #StablecoinPayments or the $USDC cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-05-01 06:00 (UTC) to 2025-05-02 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
💬 Is this a major breakthrough for crypto’s path to mainstream adoption? How do you see stablecoin-enabled cards shaping the future of everyday payments?
👉 Create a post with the #StablecoinPayments or the $USDC cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-05-01 06:00 (UTC) to 2025-05-02 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
Dogecoin Price Completes Falling Wedge Breakout Against Bitcoin, Can DOGE Outperform BTC This Cycle?
The Dogecoin price has just completed a key technical breakout against Bitcoin (BTC), potentially signaling the start of a significant rally. According to the analyst who identified the Falling Wedge breakout, Dogecoin may also outperform Bitcoin in this market cycle.
Dogecoin Price Eyes Pump After Falling Wedge Breakout
On April 27, Trader Tardigrade, an X (formerly Twitter) crypto analyst, announced that Dogecoin has broken out of its third consecutive Falling Wedge pattern— each of which signaled a major upward move in the meme coin’s value relative to Bitcoin. As the crypto market prepares for the highly anticipated altcoin season, present technical indicators are pointing to Dogecoin as a candidate for a powerful pump.
The chart, shared by Trader Tardigrade, tracks the DOGE/BTC pair on a 3-day timeframe, highlighting three notable Falling Wedges. This pattern is widely regarded as a bullish reversal signal, often preceding substantial price rallies.
A Falling Wedge forms during a downtrend as the cryptocurrency’s price makes lower highs and lower lows, but the range of this movement gradually tightens. This narrowing means that selling pressure is waning, and buyers are gradually regaining control of the market.
Now, in April 2025, the third Falling Wedge has completed its breakout, marked once again by a breakout candle above the descending resistance line. According to the technical pattern, this signals a strong shift in bullish momentum, setting the stage for Dogecoin to record its third pump.
Trader Tardigrade confirmed that Dogecoin’s current wedge setup mirrors past cycles almost identically, reinforcing the possibility of a similar powerful rally. If history is any indication, the DOGE/BTC pair could experience an explosive surge from $0.00000173 to $0.000057.
Analyst Sees DOGE Outperforming Bitcoin Soon
In another analysis report, Trader Tardigrade shared a chart comparing Dogecoin’s historical
The Dogecoin price has just completed a key technical breakout against Bitcoin (BTC), potentially signaling the start of a significant rally. According to the analyst who identified the Falling Wedge breakout, Dogecoin may also outperform Bitcoin in this market cycle.
Dogecoin Price Eyes Pump After Falling Wedge Breakout
On April 27, Trader Tardigrade, an X (formerly Twitter) crypto analyst, announced that Dogecoin has broken out of its third consecutive Falling Wedge pattern— each of which signaled a major upward move in the meme coin’s value relative to Bitcoin. As the crypto market prepares for the highly anticipated altcoin season, present technical indicators are pointing to Dogecoin as a candidate for a powerful pump.
The chart, shared by Trader Tardigrade, tracks the DOGE/BTC pair on a 3-day timeframe, highlighting three notable Falling Wedges. This pattern is widely regarded as a bullish reversal signal, often preceding substantial price rallies.
A Falling Wedge forms during a downtrend as the cryptocurrency’s price makes lower highs and lower lows, but the range of this movement gradually tightens. This narrowing means that selling pressure is waning, and buyers are gradually regaining control of the market.
Now, in April 2025, the third Falling Wedge has completed its breakout, marked once again by a breakout candle above the descending resistance line. According to the technical pattern, this signals a strong shift in bullish momentum, setting the stage for Dogecoin to record its third pump.
Trader Tardigrade confirmed that Dogecoin’s current wedge setup mirrors past cycles almost identically, reinforcing the possibility of a similar powerful rally. If history is any indication, the DOGE/BTC pair could experience an explosive surge from $0.00000173 to $0.000057.
Analyst Sees DOGE Outperforming Bitcoin Soon
In another analysis report, Trader Tardigrade shared a chart comparing Dogecoin’s historical
PEPE whales stack 9 trillion tokens – Will this aggression drive a surge to $0.00001?
Pepe whales stepped up accumulation, snapping up 9 trillion tokens in the past 24 hours.
One whale alone scooped 1.5 trillion PEPE worth $13.3 million during this period.
While Pepe [PEPE] continued to struggle on its price charts, whales attempted to pump it. Inasmuch so, whales have been aggressively accumulating the memecoin.
For instance, over the past day, a PEPE whale with $147 million assets withdrew 1.5 trillion PEPE tokens worth $13.3 million according to Lookonchain.
Whales increase pace, betting on price strength
This wasn’t an isolated move, as the transaction followed the wider market behavior among PEPE whales
Any impact on price charts?
Having said that, whale buying hasn’t yet lifted PEPE’s price. The memecoin stayed locked between $0.0000085 and $0.0000092.
Since reaching $0.000098 four days ago, the memecoin has lacked upward momentum, resulting in a retrace.
However, the growing demand is strengthening the memecoin for a potential breakout from this range.
Therefore, if buyers can maintain the momentum to displace sellers, we could see the memecoin jump to $0.0000098 and attempt $0.000010.
Conversely, if the struggle between sellers persists, the memecoin will continue to trade sideways. Prolonged consolidation could result in PEPE dropping to $0.0000084 as whales become impatient.
Pepe whales stepped up accumulation, snapping up 9 trillion tokens in the past 24 hours.
One whale alone scooped 1.5 trillion PEPE worth $13.3 million during this period.
While Pepe [PEPE] continued to struggle on its price charts, whales attempted to pump it. Inasmuch so, whales have been aggressively accumulating the memecoin.
For instance, over the past day, a PEPE whale with $147 million assets withdrew 1.5 trillion PEPE tokens worth $13.3 million according to Lookonchain.
Whales increase pace, betting on price strength
This wasn’t an isolated move, as the transaction followed the wider market behavior among PEPE whales
Any impact on price charts?
Having said that, whale buying hasn’t yet lifted PEPE’s price. The memecoin stayed locked between $0.0000085 and $0.0000092.
Since reaching $0.000098 four days ago, the memecoin has lacked upward momentum, resulting in a retrace.
However, the growing demand is strengthening the memecoin for a potential breakout from this range.
Therefore, if buyers can maintain the momentum to displace sellers, we could see the memecoin jump to $0.0000098 and attempt $0.000010.
Conversely, if the struggle between sellers persists, the memecoin will continue to trade sideways. Prolonged consolidation could result in PEPE dropping to $0.0000084 as whales become impatient.
Binance Coin (BNB) Price: Key Resistance at $610 Could Determine Next Major Move
Binance Coin (BNB) consolidates near $602 with bullish indicators pointing to a potential breakout above $610 that could trigger a rally toward $635.
BNB price is consolidating above the $595-$600 support zone with a rising channel formation
Technical indicators including MACD and RSI show bullish momentum building
A clear move above the $610 resistance could trigger a rally toward $620-$635
BNB is among the most resilient altcoins, trading only 10% below previous cycle’s all-time high
BNB Chain shows strong fundamentals with 1.1 million daily active addresses and over 5,600 DApps
Binance Coin (BNB) is showing signs of a potential breakout as it consolidates above key support levels. Currently trading around $602, BNB has established a strong base above $592 and is testing important resistance levels that could determine its next major move.
The fifth-largest cryptocurrency by market capitalization has formed a key rising channel with support near $600 on the hourly chart. After reaching a local high of $611, BNB experienced a minor correction but quickly found support at $598, indicating strong buying interest at current levels.
Technical indicators are turning positive. The MACD for BNB/USD is gaining momentum in the bullish zone, while the RSI remains above the 50 level, suggesting healthy buying pressure without reaching overbought conditions.
BNB has emerged as one of the most stable cryptocurrencies during the current market cycle. Unlike many altcoins that have experienced drops of up to 98.5% from their all-time highs, BNB has shown remarkable resilience, currently trading only about 10% below its previous cycle’s peak.
This price stability comes with solid fundamentals. BNB Chain processes approximately 4 million daily transactions, putting it ahead of Ethereum but behind Tron and Solana in transaction volume.
Binance Coin (BNB) consolidates near $602 with bullish indicators pointing to a potential breakout above $610 that could trigger a rally toward $635.
BNB price is consolidating above the $595-$600 support zone with a rising channel formation
Technical indicators including MACD and RSI show bullish momentum building
A clear move above the $610 resistance could trigger a rally toward $620-$635
BNB is among the most resilient altcoins, trading only 10% below previous cycle’s all-time high
BNB Chain shows strong fundamentals with 1.1 million daily active addresses and over 5,600 DApps
Binance Coin (BNB) is showing signs of a potential breakout as it consolidates above key support levels. Currently trading around $602, BNB has established a strong base above $592 and is testing important resistance levels that could determine its next major move.
The fifth-largest cryptocurrency by market capitalization has formed a key rising channel with support near $600 on the hourly chart. After reaching a local high of $611, BNB experienced a minor correction but quickly found support at $598, indicating strong buying interest at current levels.
Technical indicators are turning positive. The MACD for BNB/USD is gaining momentum in the bullish zone, while the RSI remains above the 50 level, suggesting healthy buying pressure without reaching overbought conditions.
BNB has emerged as one of the most stable cryptocurrencies during the current market cycle. Unlike many altcoins that have experienced drops of up to 98.5% from their all-time highs, BNB has shown remarkable resilience, currently trading only about 10% below its previous cycle’s peak.
This price stability comes with solid fundamentals. BNB Chain processes approximately 4 million daily transactions, putting it ahead of Ethereum but behind Tron and Solana in transaction volume.
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