Home Blog Page 220

Bitcoin Leads $619M Crypto Inflows as XRP Sees $30M Outflows

Abdulkarim Abdulwahab
-
0
Bitcoin Leads $619M Crypto Inflows as XRP Sees $30M Outflows

Crypto asset investment products attracted $619 million in inflows last week, led by Bitcoin. 

The major inflow reflects resilient investor sentiment despite geopolitical tensions in the Middle East.

According to data from CoinShares, early-week optimism drove $1.44 billion in inflows during the first three days. However, sentiment weakened later in the week, with $829 million in outflows on Thursday and Friday.

The shift came even as payroll data suggested a softer labor market, with rising oil prices offsetting expectations of lower inflation.

Despite the late-week pullback, overall flows signaled that investors still viewed digital assets positively amid geopolitical uncertainty.

Key Points

  • Bitcoin led $619M in crypto fund inflows last week, while XRP saw $30M in outflows amid shifting investor sentiment.

  • Early optimism drove $1.44B inflows, but $829M exited later as oil prices and macro data cooled momentum.

  • Bitcoin pulled $521M, Ethereum $88.5M, and Solana $14.6M as altcoins still attracted selective demand.

  • U.S. investors fueled the rally with $646M inflows, offsetting outflows from Europe, Asia, and Canada.

Bitcoin Dominates Inflows

Bitcoin dominated investment activity, drawing $521 million in inflows, accounting for the majority of capital entering digital asset products. The latest inflow has improved the year-to-date inflow figure to $117 million.

At the same time, investor sentiment remained somewhat divided. Short-Bitcoin investment products attracted $11.4 million. In other words, some traders were positioning for potential downside even as overall demand remains strong.

Ethereum and Solana Attract Altcoin Interest

Among altcoins, Ethereum recorded $88.5 million in inflows, making it the second-largest beneficiary of investor capital. However, its year-to-date inflow figure remains in the red with netflow of -$340 million.

Solana also saw notable interest with $14.6 million in inflows, improving YTD inflows to $170 million. Smaller allocations flowed into assets such as Chainlink and Uniswap, each attracting about $1.4 million.

XRP Records Weekly Outflows

In contrast, XRP experienced $30.3 million in outflows, making it one of the few major digital assets to see investors withdraw funds during the week. Notably, XRP investment products had defied the markets in the past weeks, attracting inflows while investors rotated out of Bitcoin. Meanwhile, the last figures suggest the momentum has faded.

U.S. Investors Drive the Market

Regionally, the United States was the primary driver of inflows, contributing $646 million. Other regions were more cautious. Investors in Europe recorded $23.8 million in outflows. Funds in Asia and Canada saw $2.2 million and $3.6 million in withdrawals, respectively.

Overall, the data suggests that institutional demand for digital assets remained resilient, even as macroeconomic uncertainty and geopolitical tensions shaped investor sentiment throughout the week.

K9Strategy Chairman Sees XRP at $25 or $0, Says XRP Is Now His 3rd Largest Holding

Abdulkarim Abdulwahab
-
0
K9Strategy Chairman Sees XRP at $25 or $0, Says XRP Is Now His 3rd Largest Holding

The chairman of K9Strategy says XRP has become his third-largest cryptocurrency holding, though he believes the asset could either surge dramatically or collapse entirely.

Clemente, who leads the firm described as the world’s first and largest BoDoggos Treasury Company, shared the update on X. He revealed that XRP now ranks behind only Bitcoin and HYPE in his portfolio.

Key Points

  • K9Strategy chairman Clemente says XRP is now his third-largest crypto holding behind Bitcoin and HYPE.

  • He predicts XRP could either surge to $25 if retail demand grows or collapse to zero if it fails to prove value.

  • XRPL developer Vet welcomed Clemente to the “bankers’ world,” referencing XRP’s role in finance.

  • Critics argued that a $25 XRP would imply a market cap above $1.5 trillion, sparking debate online.

XRP to $25 or Zero

Clemente tweeted that XRP is officially his third-biggest holding and suggested its future could be extreme in either direction. According to him, the token might reach $25 if retail enthusiasm continues to drive demand.

At the same time, he believes XRP could fall to zero if it ultimately proves to have no lasting value. He added that he plans to revisit the prediction in 12 months.

Clemente also disclosed that he has been buying SPX6900 for similar reasons, implying that strong community interest and speculative momentum are part of his investment thesis.

XRPL Developer Responds

The comments sparked reactions from the crypto community, considering Clemente’s earlier skepticism toward XRP.

Vet, a developer within the XRP Ledger ecosystem, responded to Clemente’s post by welcoming him to what he called “the bankers’ world”. The comment references XRP’s long-standing positioning as infrastructure for financial institutions and cross-border payments.

Others in the thread questioned Clemente’s understanding of the technology behind XRP. One user asked directly what XRP actually does, prompting Clemente to respond that his main expectation was that the price would increase, similar to the hopes many investors have for cryptocurrencies in general.

Community Pushback on $25 Claim

Another user, Luffy, pointed out the scale of the valuation implied by Clemente’s bullish scenario.

At about $1.36, XRP’s price already carries a large market capitalization due to its circulating supply of roughly 61.22 billion tokens. Reaching $25 would require a massive increase in total market value to over $1.5 trillion. Critics highlight this valuation as a challenge to the feasibility of the prediction.

The debate reflects a wider divide in the crypto community regarding XRP’s long-term outlook. Supporters often emphasize the capabilities of the XRP Ledger in areas such as cross-border payments and tokenization.

Meanwhile, skeptics question whether adoption will justify the asset’s valuation. Clemente appears content to treat XRP as a high-conviction but high-risk bet.

Top Bitcoin Trader Invests Millions in XRP

Meanwhile, Clemente joins a growing list of traders entering the XRP camp. In October, well-known Bitcoin leveraged trader James Wynn invested $25 million in XRP after spending 24 hours “researching the asset.”

He said he believes XRP could “revolutionize the banking system,” though he acknowledged the move is a major bet.

The post quickly went viral, sparking discussion across the crypto community. Wynn asked both supporters and critics to educate him about XRP’s strengths and weaknesses.

Several prominent voices responded. XRPL validator Vet highlighted the network’s consensus model, stability, and strong builder ecosystem, while attorney Bill Morgan noted that XRP has never left the top 10 cryptocurrencies by market cap in 13 years.

‘Now We Know Why Elon Musk Won’t Talk About XRP,’ Analyst

Abdulkarim Abdulwahab
-
0
‘Now We Know Why Elon Musk Won’t Talk About XRP,’ Analyst

The rollout of X Money, the payments and digital wallet feature inside X (formerly Twitter), has stirred speculation about why Elon Musk rarely discusses XRP publicly.

XRP community figure Chad Steingraber recently posted on X saying, “Now we know why Elon won’t talk about XRP.”

His comment came as users began examining the structure behind the new X Money payments system and its banking partners.

Another community figure, Stedas, responded by suggesting the reason could be that X Money is built around traditional fiat infrastructure rather than cryptocurrency. The service operates using real U.S. dollars held by a regulated banking partner and insured by the U.S. Federal Deposit Insurance Corporation.

Key Points

  • The ongoing launch of X Money has sparked speculation about why Elon Musk rarely discusses XRP publicly.

  • X Money relies on fiat banking rails, using U.S. dollars held by FDIC-insured Cross River Bank.

  • XRP supporters note Cross River previously explored Ripple technology for real-time cross-border payments.

  • While X Money launches with fiat payments, many expect cryptocurrencies like Bitcoin or Dogecoin later.

X Money Enters Limited Beta

Earlier this month, X Money moved from internal testing to a limited external beta. Access was first offered through a charity auction with William Shatner, where winners received early invitations and a metal debit card.

The service functions as a built-in wallet on X (formerly Twitter). It allows users to store money, check balances, and send payments through posts, replies, or direct messages.

Creator earnings from ads, subscriptions, and tips will also be paid directly into X Money accounts. Specifically, this removes the need for third-party processors like Stripe.

Notably, X has partnered with Visa to enable instant transfers through Visa Direct, allowing users to move money to and from linked bank accounts.

Customer funds are held by Cross River Bank, an FDIC-insured bank that protects deposits up to $250,000.

Ripple Connection Fuels XRP Speculation

Steingraber pointed out that Cross River Bank has historical ties to Ripple’s technology stack. In 2014, the bank announced plans to integrate the Ripple protocol for real-time international payments.

The initiative allowed Cross River to process instant cross-border transfers between the United States and Western Europe using technology from Ripple Labs.

At the time, Ripple co-founder Chris Larsen described the system as infrastructure that allows financial institutions to move value as easily as information moves online.

Because Cross River now supports X Money, some XRP supporters believe the platform could connect to Ripple-based infrastructure behind the scenes.

However, it is unclear whether Cross River still works with Ripple today. The bank currently lists other crypto partners, such as Circle Internet Financial, Coinbase, Gemini, and Fireblocks, on its website, while Ripple is not mentioned.

Cross River Bank's listed partners
Cross River Bank’s listed partners

Musk “Avoids” Talking About XRP

Some supporters believe Elon Musk may be intentionally avoiding direct discussion of XRP. Since X Money relies on regulated banking infrastructure and fiat payments, publicly linking it to a specific cryptocurrency could complicate its regulatory position.

Notably, the payments system is part of Musk’s plan to turn X into a “super app,” similar to WeChat, combining social media, payments, and commerce on one platform.

While the rollout focuses on U.S. dollar transactions, many expect X to add cryptocurrencies in future updates. Potential additions include Bitcoin and Dogecoin, both of which Musk has publicly discussed before.

Meanwhile, Musk has rarely spoken directly about XRP. His first recorded public comment mentioning the asset came in October 2024, when he said cryptocurrencies, including XRP, can help promote financial freedom. However, he stressed that the statement was neither an endorsement nor a rejection.

Xaman Founder Responds to Calls to Dump XRP After Flare XRP Yield Vault Fills in One Week

Abdulkarim Abdulwahab
-
0
Xaman Founder Responds to Calls to Dump XRP After Flare XRP Yield Vault Fills in One Week

Demand for XRP-based yield products is accelerating, as a newly launched vault tied to the XRP ecosystem quickly reached capacity.

This prompted a notable response from the founder of Xaman Wallet.

In a tweet, XRP community member Mr Fantastic DW shared that the Flare XRPFi yield vault integrated with Xaman had filled up just days after its launch.

Key Points

  • Xaman’s Flare XRPFi vault filled in just one week, showing rising demand for XRP yield products.

  • Founder Wietse Wind confirmed that the vault has reached capacity and that plans to expand are underway.

  • Wind dismissed selling suggestions, emphasizing XRP’s long-term value.

  • Flare data shows 5,400+ holders tried FXRP, with 98% actively using DeFi for the first time.

FXRP Vault Cap Exceeded

According to a screenshot he posted, the vault held 25 million XRP in total value locked (TVL), worth roughly $33.9 million, while offering about 3.4% APY. The interface displayed a message stating: “The vault is full. Deposits are temporarily unavailable.”

The vault is part of a DeFi initiative on the Flare Network that allows holders of XRP to earn yield through the tokenized asset FXRP. The yield vault is provided by Upshift in collaboration with Clearstar Labs.

Flare also confirmed that the FXRP vault cap of 25 million FXRP has now been reached, reflecting strong early demand from XRP holders.

Image

Responding to the post, Wietse Wind, founder of Xaman, confirmed that the vault had indeed reached its limit just over a week after launch. He wrote that the vault for yield on XRP using Flare smart accounts inside Xaman had become fully subscribed shortly after its introduction.

Wind added that discussions were already underway to increase the vault size to meet demand. The milestone highlights how quickly XRP holders moved to participate once on-chain yield became accessible directly through a self-custody wallet.

“Dump What? 1 XRP = 1 XRP”

Not everyone reacted positively to the development. One user suggested that if the vault was full, holders should sell their XRP. Wind dismissed the idea with a short response emphasizing the asset’s intrinsic value within the ecosystem: “Dump what? 1 XRP = 1 XRP.”

This reflects the view of many long-term holders, who see XRP as financial infrastructure rather than a short-term trade.

Flare Data Shows Growing XRP DeFi Participation

Data shared by Flare suggests that the vault’s rapid fill follows strong demand among XRP holders experimenting with DeFi for the first time. According to Flare’s official update marking one week since the XRPFi integration with Xaman:

  • 18.4 million FXRP had already been minted
  • More than 5,400 XRP holders used FXRP for the first time
  • Many participants had held XRP for two to three years
  • About 98% of FXRP holders were actively participating in DeFi

Flare stated that the data indicates XRP holders are willing to use DeFi tools once the infrastructure supports self-custody and simple access. The integration with Xaman’s Flare Smart Accounts made it easier for XRP holders to access transparent on-chain yield, quickly leading to deposits hitting the vault’s limit.

Flare contributor Quantic described the demand as “very strong” and added that the team is working to meet the conditions to increase the vault cap and allow more users to participate.

The momentum reflects a more general shift in how XRP is being used. While historically known for cross-border payments, new infrastructure on the XRP Ledger and within the Flare ecosystem is positioning the asset as a yield-generating instrument in DeFi.

Expert: Those Who Bought Oil 12 Days Ago Now Seeing More Gains Than XRP Holders Over the Last 8 Years

Mark Brennan
-
0
Expert: Those Who Bought Oil 12 Days Ago Now Seeing More Gains Than XRP Holders Over the Last 8 Years

Market data shows that investors who bought oil 12 days ago have now outperformed XRP holders over the last eight years.

Notably, this is largely due to the market impact of the ongoing Israel-Iran conflict, which has exerted additional pressure on crypto assets such as Bitcoin and XRP, while leading to a spike in oil prices. As a result, over the past 12 days, WTI, a grade of oil, has increased 57%, while XRP has dropped 5.59%.

Key Points

  • The Israel-Iran conflict has exerted additional pressure on crypto assets, leading to a drop in crypto prices, while oil prices spike.
  • The West Texas Intermediate (WTI) oil price shot up to $119 earlier today, representing its highest value in nearly four years.
  • While the WTI price has increased 57% over the past 12 days, coinciding with the start of the war, XRP has dropped 5.59% within the same period.
  • With the recent rise in the WTI price, data shows that those who bought oil 12 days ago now see more gains than investors who have held XRP in the last eight years.
  • However, the situation is a bit trickier, as XRP has outperformed oil on other timeframes, including the 2-year period.

Israel-Iran War Sends Oil Prices Up

Bong, a Solana community pundit with affiliations to Solcasino, shared this data as oil prices spike. Notably, the recent escalation of the Israel–Iran conflict after joint strikes by the United States and Israel on targets in Iran, including nuclear-related sites, followed by Iranian retaliation, has had a strong impact on global oil prices. 

Tensions in the Middle East, a major region for energy production, have raised concerns about possible supply disruptions. Much of the worry focuses on the Strait of Hormuz, which carries about 20% of the world’s oil and liquefied natural gas shipments.

During the conflict, WTI crude oil prices have experienced increased volatility. WTI rose from about $65 per barrel on Feb. 27, 2026, to around $75 before dropping 6% on March 2. Prices later rebounded as the conflict continued, briefly reaching a four-year high of $119 earlier today.

The market then pulled back, with WTI falling 12.59% today to around $102 per barrel. Even after the latest drop, oil prices are still up about 57% since the conflict began, with several trading sessions showing gains of 4% to 15% as attacks on ships, shipping disruptions, and rising insurance costs affected the market.

XRP’s Downturn Puts Oil Ahead

Meanwhile, the response from the broader crypto market has been more unfavorable, especially as the conflict comes during a rough period for crypto prices. After initially collapsing to $1.27 immediately after the conflict began, XRP recovered along with the rest of the market, hitting a high of $1.47 by March 4.

However, it appears to have begun relinquishing these gains, recording four consecutive intraday losses since March 5, and trading at around $1.35 as of press time. While oil prices have spiked 57% since the conflict started, XRP has dropped 5.59% within the same period.

Amid the recent performance, Bong stressed that investors who bought oil just 12 days ago have actually outperformed XRP holders who purchased the crypto token eight years ago and continued to hold until now.

For context, if an investor had committed $20,000 into oil when the conflict began 12 days ago, they would have scooped up 307 barrels. Today, those 307 barrels are worth $31,384 at the current price of $102 per barrel. At the time of Bong’s disclosure, a barrel stood at $111, translating to $34,153 or $14,153 in profit within two weeks.

WTI Oil Price Bong
WTI Oil Price | Bong

Meanwhile, investors who bought $20,000 in XRP exactly eight years ago on March 8, 2018, amassed 23,529 tokens, as XRP stood at $0.85. Today, with XRP changing hands at $1.35, these tokens hold a worth of $31,764. While this represents a slightly higher ROI compared to oil at press time, XRP’s returns were over $2,000 short when Bong made his assessment.

Context Matters

However, the Solana community figure picked a period that seemed highly favorable to his criticism of XRP’s performance. When considering other timeframes, XRP has held up better than oil. 

For instance, since it began trading in August 2013, XRP has delivered 22,781% in returns despite the ongoing struggles. Meanwhile, WTI oil prices have dropped 4.6% within the same period, showing a large gap in performance. Also, over the past two years, XRP has increased 132%, while oil has risen 31%.

Cardano: Everything Can Change In a Flash as Channel Breakout Holds

Elendu Benedict
-
0
Cardano: Everything Can Change In a Flash as Channel Breakout Holds

Optimism that Cardano could still make a notable price turnaround in the near term persists despite a prolonged period of price consolidation.

Cardano is up nearly 3% since the start of today, a good start to the week after an 8.8% correction in the previous week. Despite this, ADA has recently trended lower towards price levels last seen on February 6, placing the asset near a major support region that previously triggered a recovery move.

Key Points

  • Optimism that Cardano could still make a notable price turnaround in the near term persists despite a prolonged period of price consolidation.
  • Analysis buttresses the rare opportunity presented by the current price level, suggesting it is the best time to gain exposure to ADA.
  • Cardano spent months moving within a descending channel, with each rally capped by a falling resistance line.
  • ADA broke through the channel’s upper boundary after its 14.4% rally past $0.31 on February 25 and is now attempting to hold above it.
  • If this structure holds, a possible move toward higher resistance zones over the coming weeks is a viable price action. 

Cardano Is Bearish, but There’s a Catch

The broader market environment remains cautious, and Cardano continues to show signs of price weakness. Amid this, the current price structure for ADA is beginning to draw attention for a different reason. 

Market analyst MasterAnanda highlighted in a TradingView analysis that an unexpected turn of events can happen for Cardano. With the coin attempting to find stability above a long-standing descending trend structure, the market commentator noted that “everything can change in a flash.”

The analysis buttresses the rare opportunity presented by the current price level. Suggesting that the current bearish trend would not last forever, he claimed that the next week or the coming weeks would either provide better entry points or reward those who bought the current dip.

Whichever way it is, he insisted that “bears are dead,” and there is nothing bearish about the current ADA chart. Notably, an accompanying chart highlights an even better technical context for a price rebound.

Cardano Stays Above the Descending Channel

The chart shows that Cardano spent months moving within a descending channel, with each rally capped by a falling resistance line. The coin entered this zone after reaching a high of $0.69 on October 27 and has since formed lower highs and lower lows within this wedge.

Cardano Descending Channel/MasterAnanda
Cardano Descending Channel/MasterAnanda

However, recent price action has started to shift. ADA broke through the channel’s upper boundary after its 14.4% rally past $0.31 on February 25 and is now attempting to hold above it. Instead of continuing the pattern of lower highs, the chart now shows price stabilizing near the previous resistance area.

In technical analysis, former resistance can become support after a breakout. If the market continues to hold above this level, a rebound to higher prices remains a viable price action.

ADA Rebound? Support Zone Holds Strong

The price level around $0.24 and $0.25 is therefore becoming a critical support zone. Not only is it a strong support level, but it also aligns with the breakout area above the descending channel, creating a stronger technical foundation for potential recovery.

If this structure holds, the chart indicates a possible move toward higher resistance zones over the coming weeks. The projection shown in the chart highlights an initial target area around $0.64, which corresponds with the 0.382 Fibonacci level.

Meanwhile, the next major level appears closer to the 0.618 Fibonacci level at $0.90. ADA would have to increase by 248% from its current price of $0.258 to reach the resistance area.

How Much Must Shiba Inu Rise to Reclaim Its Previous ATH and When Could It Happen?

Lele Jima
-
0
How Much Must Shiba Inu Rise to Reclaim Its Previous ATH and When Could It Happen?

As the market downturn deepens, Shiba Inu continues to trade far below its all-time high, registered during the 2021 bull cycle. 

Recently, Shiba Inu slipped further in the global crypto rankings, falling to 28th place after Toncoin overtook it. Consequently, investors are increasingly questioning whether SHIB can revisit its previous ATH and how long a major rebound might take.

Key Points 

  • Shiba Inu has dropped nearly 94% from its previous all-time high.
  • To reclaim its ATH, SHIB would need to rally about 1,560% from its current price.
  • Analysts estimate that SHIB could revisit this level between 2026 and 2031, depending on market conditions.
  • If SHIB returns to its previous ATH, its market capitalization could climb to around $52 billion.

Growth Required for Shiba Inu to Revisit $0.00008845 

Currently, SHIB trades around $0.000005328, which places it 93.97% below its ATH of $0.00008845 recorded in October 2021. This sharp decline reflects years of persistent downward pressure since the last bull cycle. 

To reclaim that peak, SHIB would need to surge roughly 16.6 times, representing a gain of about 1,560%. If this occurs, the token’s market cap could rise from about $3.14 billion to $52.19 billion. This assumes its circulating supply of 589.24 trillion tokens remains unchanged.

Previously, analysts expected SHIB to revisit $0.00008845 by December 2025. This optimism strengthened after the token rebounded to $0.000033 during the 2024 post-election rally. However, prolonged bearish pressure later pushed the price lower, adding another zero and dragging SHIB to multi-year lows. 

New Timeline to Revisit ATH 

Nonetheless, market forecasts still point to a possible recovery. Prediction platform Telegaon expects SHIB to reclaim its previous ATH by 2029 and reach $0.0000918 later that year. 

SHIB to $000008845 prediction Telegaon

Meanwhile, crypto trading platform Changelly projects a longer timeline, estimating that SHIB could revisit $0.00008845 around October 2031. 

Changelly $000008845 prediction for Shiba Inu

Interestingly, pseudonymous analyst Daffy Trader remains more optimistic. The analyst predicts that SHIB could surpass its previous ATH and climb to $0.00009 later this year.

Can Shiba Inu Rebound to $0.00008845? 

Despite these forecasts, the possibility of Shiba Inu revisiting its previous ATH remains uncertain. Historically, major meme coin rallies have coincided with strong overall market momentum. However, current sentiment remains weak amid geopolitical tensions and widespread market fear. 

In addition, ecosystem developments have yet to provide strong support. Critics argue that the team has not addressed key concerns, such as completing pending projects or revealing its identity to strengthen investor confidence. Moreover, community enthusiasm has cooled, with many holders expressing frustrations over short-term price declines. 

Furthermore, token burns, once viewed as a key catalyst, have also slowed significantly, with only thousands to millions of SHIB burned daily. Given these factors, investors need to remain cautious as they monitor market conditions and ecosystem progress. 

Solana Price Analysis for Mar 9: SOL Struggles to Rebound as Analyst Warns of Possible Short-Term Dip

Maxwell Mutuma
-
0
Solana Price Analysis for Mar 9: SOL Struggles to Rebound as Analyst Warns of Possible Short-Term Dip

Solana trades within a consolidation range as an analyst points out weakening momentum and warns the market could face additional downside pressure.

Solana (SOL) changes hands near $83.16, posting a modest 0.24% daily gain as the market attempts to stabilize after several intraday swings. The chart shows SOL slipping toward the $80 range during a period of stronger selling pressure. Buyers then step in near the session low, triggering a rebound that pushes the asset above $84.00 at its peak before easing slightly back toward the $83.20 area. 

Performance data across broader timeframes still reflects the impact of earlier declines. Solana is down 0.61% over the last week, 5.03% over 30 days, and 37.67% across the past 90 days. 

The longer-term trend shows deeper corrections, including a 61.76% decline over 180 days and a 39.34% drop in the past year. Will this renewed buying pressure be enough to push Solana toward a stronger recovery?

Solana Price Analysis

On the weekly chart, Solana has begun stabilizing, following a prolonged decline from higher levels earlier in late 2025. Price currently sits close to the lower boundary of the Donchian Channel, with the lower band around $67.70, the midline near $136.49, and the upper boundary close to $205.29.

Holding above the lower band suggests the market is attempting to defend a major support zone after the recent downward move. However, the large distance between the current price and the midline indicates that SOL remains well below its broader trend midpoint, highlighting the scale of the recent correction.

Solana 1W Price Chart
Solana 1W Price Chart

Momentum signals from the Awesome Oscillator also reflect persistent bearish pressure. The histogram remains in negative territory near -71, with several consecutive red bars indicating that downside momentum continues to dominate the weekly structure. 

While selling pressure may be gradually slowing, bulls would need to push SOL back toward the $136 region, which aligns with the Donchian midline, to confirm stronger recovery momentum.

Until then, the current structure suggests that Solana is consolidating near support while the market assesses whether the recent decline is nearing exhaustion or preparing for another leg lower.

Brief Solana Downside Before Surge?

Notably, in a social media commentary, crypto analyst Crypto Tony recently noted that Solana is currently trading around the mid-range of its recent consolidation zone on the 4-hour chart. The price fluctuates near $82, positioned between a support area close to $76–$77 and resistance near $94. 

Solana Prediction
Solana Prediction

According to the analyst, the market could still see additional downside movement before any meaningful recovery develops. 

Shiba Inu Targets Rebound Amid Double Bottom Formation

Elendu Benedict
-
0
Shiba Inu Targets Rebound Amid Double Bottom Formation

Amid a broader market consolidation, Shiba Inu is eyeing a brief price rebound after a double bottom formation on lower timeframes.

Shiba Inu (SHIB) has recently shown signs of stabilization, hovering around $0.00000533 at the time of writing. While the broader sentiment remains bearish, the prominent meme coin has held above support levels and appears to be range-bound, a departure from the earlier price decline toward newer lows.

Key Points

  • On the 4-hour chart, Shiba Inu is starting to show bullish signs after repeatedly reacting to a narrow support range between $0.00000524 and $0.00000530.
  • Price movement suggests a possible double-bottom formation after Shiba Inu formed an initial low at $0.00000526 on March 2 before briefly recovering.
  • On March 8, the token formed a second bottom, dipping to $0.00000523 on Sunday before closing the week slightly higher at $0.00000529.
  • If the pattern continues to develop, Shiba Inu could attempt a move toward the closest resistance area around $0.00000555 to $0.00000565.
  • A decisive move below the $0.00000520 support level would invalidate the pattern.

Shiba Inu Holds Support

On the 4-hour chart, Shiba Inu is starting to show bullish signs. After repeatedly reacting to a narrow support range between $0.00000524 and $0.00000530, the token could now forge higher. Notably, this zone has recently served as a crucial demand area, with buyers stepping in after the asset declined during the previous downward phase.

Meanwhile, price movement around this level now suggests a possible double-bottom structure. For context, Shiba Inu formed an initial low near the support region when it dropped to $0.00000526 on March 2 before briefly recovering. 

The recovery pushed SHIB to a high of $0.00000586 a day after, before the bullish momentum stalled. On March 8, the token returned to the same support zone and formed a second bottom. It dipped to $0.00000523 on Sunday but closed the week slightly higher at $0.00000529.

Technical structures indicate that when two lows appear in similar locations, with the price continuously rebounding from those lows each time, the pattern is a potential signal that selling pressure may be weakening and accumulation is strengthening.

Interestingly, on-chain data backs this sentiment. Coinglass shows stronger spot outflows from exchanges compared to inflows, suggesting that holders are moving to self-custody platforms for longer-term holding. In the past 5 days, inflows stand at $18.32 million, while users withdrew $19.42 million in the same time frame.

Shiba Inu Spot Exchange Flow/Coinglass
Shiba Inu Spot Exchange Flow/Coinglass

Double-Bottom Structure Forms

Meanwhile, following the second reaction near support, SHIB has started to edge slightly higher. This early bounce indicates that buyers are attempting to defend the area once again. The move has remained modest so far, with a 2% rise from the Sunday lows. However, the momentum suggests that the support zone continues to attract demand.

Shiba Inu Double Bottom
Shiba Inu Double Bottom

If the pattern continues to develop, Shiba Inu could attempt a move toward the closest resistance area around $0.00000555 to $0.00000565. This region previously acted as a short-term supply zone where upward movement slowed on March 6. As a result, it may represent the first test for buyers trying to extend the recovery.

Should momentum continue to build beyond that point, the next resistance area could appear closer to the $0.00000580 to $0.00000590 range. From the current market standing, the token would have to increase by 8.8% and 10.7% to reach these price zones.

Shiba Inu Needs Stability Around This Support

Despite the developing pattern, the structure still requires confirmation. Double-bottom formations generally become more reliable when the price continues to hold above the base level and gradually moves toward higher resistance zones.

For Shiba Inu, the critical factor remains the stability of the support area around $0.00000520. If it maintains its price trend above that region, the current base could provide a foundation for sustained upward movement in the near term.

However, a decisive move below this support level would invalidate the pattern. In such a scenario, selling pressure could return quickly, potentially pushing the price toward the $0.00000500 region or even lower levels. Shiba Inu last tested the $0.0000050 region during the broader crypto market crash on February 6.

Bitcoin May Test $45,000 in Near Term, Analysts Warn

Zabi
-
0
Bitcoin May Test $45,000 in Near Term, Analysts Warn

Bitcoin may be entering a critical phase after its recent rally, with several analysts warning of a potential sharp correction. 

Technical signals and historical market patterns suggest the cryptocurrency could move toward a new accumulation zone if selling pressure increases in the near term.

Key Points

  • Bitcoin recently surged from roughly $63,000 to $74,050, raising concerns of a potential short-term bull trap.
  • Analyst Chiefy predicts Bitcoin could drop to $45,000 within 10 days if bearish momentum intensifies.
  • Historical market cycles suggest Bitcoin may decline further, potentially approaching $40,000, according to Ali Martinez.
  • A death cross has appeared on Bitcoin’s three-day chart, signaling potential continuation of a macro downtrend.
  • Key support levels are $60,000 (near-term) and $50,000 (potential bottom), while resistance sits at $80,000 for bullish recovery.

Analysts Warn of Possible “Bull Trap”

One analyst urging caution is Chiefy, who believes the recent surge in Bitcoin’s price may have misled many traders. In a chart analysis shared on X, Chiefy highlighted Bitcoin’s rapid climb from roughly $63,000 to $74,050.

According to him, the move could represent a classic bull trap, where a short-lived rally draws buyers before the market reverses.

If this scenario unfolds, the analyst expects prices to decline quickly. He suggests Bitcoin could drop toward $45,000 within the next 10 days if bearish momentum intensifies.

Image

Historical Cycle Patterns Suggest Deeper Decline

While Chiefy focuses on short-term price action, other analysts are examining longer-term market cycles.

For instance, Ali Martinez argues Bitcoin’s current behavior resembles patterns observed during previous downturns. He noted that the asset appears to be following its well-known four-year market cycle, with price action now mirroring developments seen in 2022.

If the pattern continues along a similar trajectory, Martinez suggests Bitcoin could decline further and potentially approach the $40,000 level.

Death Cross Adds to Bearish Signals

Martinez also highlighted a technical signal that recently appeared on Bitcoin’s three-day chart. The chart has formed a death cross, a pattern closely monitored by long-term market participants.

This signal occurs when the 50-period simple moving average drops below the 200-period moving average. According to Martinez, the relationship between these two indicators is particularly important when assessing the market trend.

Because of this, he considers the three-day timeframe a key tool for understanding Bitcoin’s macro direction.

Previous Cycles Show Similar Downturns

To support his analysis, Martinez compared the current market structure with earlier Bitcoin cycles.

During the 2013–2014 market cycle, Bitcoin had already declined 72% before a death cross appeared in December 2014. Following that signal, the price dropped another 52%.

A comparable pattern developed after the 2017 bull market. By the time the death cross formed, Bitcoin was already 67% below its peak. The market later dropped by roughly another 50%.

The 2021 cycle followed a similar trajectory. Bitcoin had fallen 58% from its high when the death cross appeared in May 2022. Prices subsequently declined by another 46%.

Given these historical precedents, Martinez believes the market could now be entering the final phase of the current cycle’s decline. Based on this view, he expects Bitcoin might eventually form a long-term bottom around October 2026.

Key Price Levels to Watch

While some analysts focus on macro trends, others are tracking key price levels that may influence Bitcoin’s next move.

Crypto commentator Crypto Rover identified several zones traders should monitor closely. According to Rover, Bitcoin could find its first major support near $60,000 if prices begin to fall.

Should the selling pressure intensify, he believes the market may move closer to $50,000, where a potential bottom could develop.

On the upside, a sustained recovery would likely require Bitcoin to break above $80,000. A move past that level could restore bullish momentum and reopen the path toward the $100,000 psychological milestone.

Current Market Position

At the time of writing, Bitcoin was trading near $67,521. Although this reflects some recovery from recent lows, the asset remains significantly below its previous peak.

In fact, Bitcoin is still 46.4% below its all-time high of $126,080, recorded on October 6, 2025.

1...219220221...2,884Page 220 of 2,884