BTC gained acceptence above the POC of the range and inverted the bearish FVG. Ill be looking for a break of trend trade today as indicated on the chart
The crypto market retreated after Thursday’s trading session, with Bitcoin falling to a low of $100,470, marking its lowest point since May 8 and 10% below its highest level this year. Below are three reasons why the crypto market was trading lower.
1. Profit taking
Bitcoin btc2.67%Bitcoin and most altcoins pulled back due to profit-taking among investors after the recent rally. BTC had climbed roughly 50% from its April low to its May high.
Similarly, Ethereum jumped 100% from its April lows to the highest point in May. Many smaller coins, including Dogwifhat and Fartcoin, were up over 300%. It is common for cryptocurrencies to retreat after a strong surge.
Ryan Lee, Chief Analyst at Bitget Research, said in a Thursday note to crypto.news:
“After a period of notable gains, many investors are locking in profits, which has triggered short-term sell-offs. This behavior is not unusual in bull cycles, where sharp rallies often lead to a wave of corrections as traders seek to de-risk their portfolios.”
Uncertainty on Federal Reserve policy
Cryptocurrencies also declined amid growing uncertainty about when the Federal Reserve will start cutting interest rates.
Fed Chair Jerome Powell and other officials have indicated they are not in a rush to cut rates, contrary to suggestions from President Trump. Instead, they are monitoring the effects of tariffs on inflation and the labor market.
Data released on Friday showed that the economy added 139,000 jobs in May, while the unemployment rate remained unchanged at 4.2%
The U.S. will release updated inflation data on Wednesday next week. If inflation comes in higher than expected, it could signal that the Fed will hold rates higher for longer, pressuring crypto prices.
Conversely, a lower-than-expected inflation figure would raise the odds of the Fed cutting rates sooner than anticipated.
You might also like:Circle stock price pump gains steam, but a crash may follow
Solana Bullish, Retrace Over! Aim For $620 or $1,020🤔🤔 $SOL SOL 149.34 +2.56%
SOLUSDT Perp 149.23 +2.46% In this 2025 Cryptocurrency bull market, you should be aiming for $620 or $1,020 for Solana, $420 is the minimum. How are you feeling today my dear friend? I hope you are having a wonderful day. Retraces and corrections, they can only last so long. Solana dropped from $188 to $141 and I believe this is enough, a 24% drop (-24%). As the retrace ends, the chart will produce a higher low and, as the higher low becomes confirmed, SOLUSDT starts a new wave of growth. $420 is the minimum target for this bullish wave and should hit first but, you should aim higher, much higher. Crypto is showing to be many times stronger than what most people think. Remember, the mistake we always make is not aiming too high but aiming too low. In each bull market, we tend to underestimate the market. Aim high, because we are going up. Retraces and corrections are an opportunity to buy-in, 2nd entries, rebuy and reload. Don't try to SHORT within a bull market, it is dangerous and not worth the risk. It is better to wait for support and go LONG. Always trade with the trend, specially if you are using leverage. Crypto is going up. Solana will now turn green
Sure! Here's a strong post idea featuring ($HUMA )and ($NEIRO ) --- 🔥 HUMA + NEIRO = DeFi Innovation on the Rise! 🔥 In the ever-evolving DeFi landscape, two names are catching serious attention: HUMA and NEIRO. 🔹 HUMA is unlocking real-world assets through decentralized credit — making DeFi more practical and accessible. 🔹 NEIRO is powering AI-integrated DePIN networks — bringing intelligence to decentralized infrastructure. Together, they represent the future of decentralized finance: utility, innovation, and real-world use cases. 💡 Are you watching these two? The next wave might already be here. #Crypto #DeFi #HUMA #NEIRO #Altcoins #BinanceSquare
🚨 Risk Alert: High-Impact News Incoming – NFP Day! 🚨 Today is Non-Farm Payrolls (NFP) day, and that means increased volatility across all markets – including crypto.
🔍 What Is NFP? The Non-Farm Payrolls report measures the change in the number of people employed during the previous month, excluding the farming industry. It's released monthly by the U.S. Bureau of Labor Statistics and is one of the most closely watched indicators for U.S. economic health.
📉 Why It Impacts Crypto: Market-wide ripple effects: Crypto often reacts to major macro data like NFP because it influences interest rate expectations and risk sentiment.
Lower jobs = Fed pivot hopes → Might pump BTC short term.
Higher wages = inflation risk → Could spook markets and dump risk assets.
Whale manipulation risk: Liquidity thins out before and after NFP, making it easier for big players to push the market around.
🧨 Market got hit hard**—but it’s not all doom. Despite the crash, the setup looks **ripe for a bounce:
* Nearly \$1B in liquidations = classic shakeout * Fear & Greed Index < 50 = reversal potential * ETF outflows = reset happening
👀 What I’m Doing:
* Watching for bottom confirmation over the next 1–3 days * Spotting names holding structure * Bidding near major daily/weekly support zones * Being *patient* but *ready to strike*
📌 Alpha Reminder:
> *Don’t confuse fear with facts. Follow data, not drama.*
* 💰 Total Market Cap: \$3.30T 📉 *(Down from \$3.40T)* * 📈 Top Movers: FARTCOIN, TRX, XMR, LA, POLY
😵💫 Alts Get Smacked
Massive sell-off in altcoins today—sparked by escalating online tension between Elon Musk and Trump. Elon criticized Trump’s “Big Beautiful Bill” (which bloats the deficit), while Trump fired back, defending the tax cuts it offers. The feud spooked the market and triggered a wave of selling. Still, the issue is too high-profile not to be resolved quickly. While others panic, I’m quietly bidding strong names near daily/weekly supports. 🧘♂️📉
#### 🗞 Top Stories Moving Markets
🇨🇳 U.S.–China Update: Trump says his recent call with President Xi “went very well.” Markets initially liked this... until the drama.
🤝 Crypto Diplomacy: The U.S. is strengthening ties with El Salvador after a new round of crypto-focused discussions with President Bukele. 🇺🇸🇸🇻
🔥 Elon vs Trump: Musk warns Trump’s new tariffs could cause a Q3 recession, while Trump claims failing to pass the bill would result in a 68% tax spike. The two are reportedly scheduling a call tomorrow to cool things down.
#### 🧠 Sentiment Check
📉 Fear & Greed Index: 46 (⬇️ from 55) Back into “fear” territory—historically where bottoms form within 1–3 days after large wipeouts. 🕯
📊 Funding Rates: Negative across the board for both BTC and ETH. Shorts are paying longs—signaling growing bearish pressure. Could be a contrarian long opportunity soon. 💡
#### 🔗 On-Chain Metrics
💸 BTC Flows: -\$278M BlackRock remained neutral—but overall institutional flows are pulling back. 🧊
💰 ETH Flows: +\$11M overall, +34M via BlackRock ETH continues to attract steady, consistent inflows, supporting the growing ETH season narrative. 🔥📈
#### 📅 Macro Events to Watch
📆 June 6 – U.S. Unemployment Data 📆 June 11 – CPI Inflation Report 📆 June 12 – PPI Data 📆 June 18 – FOMC Meeting
🔥 $ETH – Bullish Setup in Play! 🔥 Something big is brewing on the Ethereum chart… 👀 📈 Accumulation zones are lighting up. 🛡️ Key levels are holding strong. And the market structure? Primed for liftoff. 🚀 Whales are loading. Smart money is moving. This isn’t noise — it’s signal. ⚡ 📊 The breakout isn’t a matter of if, but when. Are you positioned, or just watching? ⚠️ #Ethereum is waking up. Don’t sleep through this one. Trade it right — only on #Binance. #ETH #CryptoSetup #BinanceTrading #EthereumBreakout #cryptosignals #Write2Earn #ETHBulls#TrumpVsMusk
🚨 BREAKING: Is CZ About to Post $MUBARAK Again? 🧨 With Eid Al-Adha TOMORROW, the timing couldn’t be better. Last time he mentioned it — the market reacted FAST. This time? It could be even BIGGER. 📈💥 MUBARAK 0.0384 -7.02% 💡 Smart money moves before the spotlight hits. Don’t wait for the pump — position yourself before the post. 🎯 $MUBARAK could become the official Eid rocket 🚀 Moon mission loading... 🌙🕋