Ethereum (ETH) price hovers near $2,330 mid-week with sellers fading sharply, leaving an 8-hour reversal structure one candle away from confirming a possible bounce.

The setup ties together a textbook bottoming pattern, an exhaustion signal on momentum, and an 85% drop in coins flowing onto exchanges. Whether ETH delivers the bounce depends on a single candle holding the line.

Ethereum Price Builds Reversal Structure as Momentum Quietly Diverges

The 8-hour chart shows ETH carving an inverse head-and-shoulders since mid-April. The pattern prints a low (left shoulder), a deeper low (head), and a higher low (right shoulder). The right shoulder formation is close to being confirmed now.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Sitting under that price action is a developing hidden bullish divergence. ETH price has made a higher low between mid-April and early May, while RSI (relative strength index), a momentum gauge, is close to printing a lower low over the same window. Hidden bullish divergence often signals exhaustion of selling pressure, not the start of a fresh leg down.

The trigger is binary. If the next candle holds above the current right-shoulder floor ($2,309 to be exact), the divergence confirms and the pattern stays alive. If sellers force a break, both the structure and the divergence collapse together.

That setup, however, needs validation from on-chain flows before it earns the right to a projected 9% price target.

Sellers Retreat as Mid-Term Holders Build Their Stack

Glassnode data shows the exchange net position change, a metric that tracks tokens flowing in and out of exchanges, eased sharply this week. The reading peaked at 78,930 ETH on May 3, when fresh inflows pointed to selling pressure rising. By May 6, that figure had dropped to 11,504 ETH, an 85% reduction.

The collapse suggests whoever was offloading ETH around the right shoulder may be running out of supply.

A second on-chain layer reinforces the read. Glassnode’s HODL waves group supply by how long holders have kept their coins. The 6-month to 12-month cohort sat at 18.12% of supply on April 22. By May 6, that share had climbed to 21.49%.

The data suggests mid-term holders are adding to their position even as price stays compressed. This cohort often re-engages near cycle bottoms.

Both flows lean in the same direction as the chart pattern. The price chart now becomes the decider on whether buyers convert that backdrop into a measurable move this week.

Ethereum Price Levels That Decide the Mid-Week Move

With the pattern, divergence, and on-chain flows aligned, the focus shifts to the price ladder on the 8-hour chart. The current right-shoulder floor sits at $2,309, marked as the 0 Fibonacci anchor.

The first hurdle is $2,358. ETH then needs to reclaim $2,388 (0.382 Fib) and $2,412 (0.5 Fib). The 0.5 level briefly capped price on May 6 before sellers stepped in.

The neckline sits at $2,423, lining up between the 0.5 and the 0.618 Fibonacci at $2,436. A clean break above this band activates the pattern. The measured move projects roughly 9% upside from the neckline. That target lines up with the 1.618 Fibonacci extension at $2,642.

The downside ladder is just as defined. Failure to reclaim $2,358 followed by a loss of $2,309 would invalidate the right shoulder. Below that, $2,218, the head’s low, is where the entire pattern unwinds.

Hidden bullish divergence and falling exchange inflows both lean toward the bounce read, but neither replaces a confirmed close. Ethereum managing to stay above $2,309 separates a 9% Ethereum price bounce toward $2,642 from a slide to the $2,218 invalidation floor.

The post Ethereum Price Eyes Mid-Week Bounce as Selling Pressure Craters 85% appeared first on BeInCrypto.

Source link

Ripple (XRP) posted a minor increase in the last 24 hours, pushing the asset’s monthly surge to 7%. Despite this, the $1.45 level remains a major hurdle for the asset.

Against this backdrop, data suggest that there has been a clear shift in the behavior of major investors over recent months.

XRP Selling Pressure Indicator

According to CryptoQuant’s latest analysis, whale inflows of XRP to Binance have dropped to their lowest level since November 2021. The firm explained that the 30-day cumulative inflow indicator, also known as Sum 30D, climbed to around 2.6 billion XRP at the beginning of March, which was indicative of a strong movement of tokens from whales toward the exchange.

Large transfers of crypto assets to centralized trading platforms are often linked to increased selling activity or portfolio repositioning by major holders. However, since reaching that peak, the indicator has steadily moved lower and has now fallen to nearly 736 million XRP.

As such, CryptoQuant stated that this is the lowest level recorded for the metric in more than three years. The decline essentially points to exchange-related selling pressure from whales easing considerably compared to earlier months. The analysis also revealed that the continued drop in inflows during a period of broader market volatility may reflect a more cautious stance among large investors as uncertainty remains across the crypto market.

It is important to note that lower whale inflows to exchanges are generally viewed as a positive signal because they reduce the risk of sudden sell-offs caused by large token transfers. Hence, if the trend continues and inflows remain low while demand and price conditions improve, the data could support XRP in building a more stable price base over time as selling pressure from major holders continues to weaken.

Institutional Demand and Global Expansion

On the institutional front, US spot XRP ETFs have shown renewed momentum. After seeing more than $31 million in outflows during March, the products rebounded sharply in April with $81.6 million in inflows. The positive trend has continued into May, as the funds have attracted more than $28 million in fresh inflows so far this month.

Meanwhile, Ripple has continued expanding its activity across several markets in recent months. The company recently partnered with OKX for the listing of its RLUSD stablecoin and also joined efforts with the Crypto ISAC network to share information related to North Korean cyber threat actors targeting the crypto sector.

It has additionally expanded its regional presence in the Middle East and Africa through new office openings.

In South Korea, the company signed a partnership agreement with internet-only lender KBank to move blockchain remittance testing beyond early-stage trials and focus on real-world integration and scalability. The agreement was signed at KBank’s headquarters in Seoul with executives from both firms in attendance, including Ripple Asia-Pacific Managing Director Fiona Murray.

Prior to that, Ripple had entered another South Korean partnership with Kyobo Life Insurance to work on institutional digital asset infrastructure tied to tokenized government bond transactions.

The post Major Ripple (XRP) Metric Just Hit a Level Not Seen Since 2021 appeared first on CryptoPotato.

Source link

Toobit is one of the most popular international cryptocurrency exchanges, and it has just announced the publication of its most recent Proof of Reserves report, which was independently verified by Hacken.

Over 100% Collateral Ratio

The assessment conducted by Hacken confirms that the exchange is maintaining a collateral ratio of more than 100% across all in-scope digital assets. These include BTC, ETH, USDT, and USDC.

This audit confirms that there’s a safe 1:1+ backing for every trader deposit. The findings also verify that there is a reserve surplus that ensures all trader liabilities are fully over-collateralized.

Additionally, the verification process validated the individual balances of more than 640,000 accounts. This was achieved by cross-referencing loads of internal data against legal documentation, as well as against official statements from third-party institutional custodians to guarantee the highest level of accuracy.

Report Mechanics

To deliver full transparency, Hacken used a multi-stage methodology that was focused on three key stages. First, the auditors performed a Proof of Liabilities. To do so, they verified the total balances of more than 600,000 liability holders to make sure that there was an accurate representation of client deposits.

The second stage was Asset Verification. During this, auditors compared the total reserve balances against the client liability report to verify whether they covered them in full. Last but not least, the process included Operational Oversight, aiming to review information flow and custodial reporting, which ensures all data remains authentic and unaltered.

In conjunction with the audit results, Toobit has launched an upgraded Proof of Reserves page, which moves beyond static reporting to a dynamic transparency model. This hub is designed to ensure that traders are able to monitor live reserve ratios for major tokens and access historical audit data through a user-friendly and accessible interface.

Merkle Tree Technology

A critical component and part of this portal is the integration of Merkle Tree technology. By consolidating trader balances into a singular and secure Merkle root hash, the crypto exchange is able to offer a transparent and tamper-proof method for everyone to verify that their specific account balance was actually included in the audit.

This cryptographic proof is designed to ensure accountability while also maintaining privacy for all traders.

It’s important to note that the full audit report is readily available for public review. The detailed documentation regarding the audit scope, methodology, and technical findings can be found on the official website of Hacken.

With all of the above said, it’s crucial to understand that cryptocurrency exchanges have entered a maturation phase, which is largely driven by independent verification.

Industry leaders maintain reserve coverage ratios between 124% and 125%, far exceeding the 100% safety benchmark. Moreover, as frameworks such as MiCA intensify supervision, long-term operational stability is defined by “compliance by design,” integrating Proof of Reserves and transparent disclosures into core infrastructure.

The post Toobit Confirms Over 100% Asset Backing in Latest Hacken Proof of Reserves Report appeared first on CryptoPotato.

Source link

Source link

Ethereum price has pared off some gains after facing resistance at $2,400 this week. A confirmed bullish pattern on the chart, however, positions it for strong upside in the coming sessions.

Summary

• Ethereum climbed to a weekly high above $2,400 before stabilizing near $2,300 as broader crypto markets reacted to easing geopolitical tensions.
• Spot Ethereum ETFs recorded a fourth straight day of inflows, with more than $270 million added, signaling continued institutional demand.
• Ethereum confirmed a bull flag pattern on the daily chart, with technical indicators pointing toward a potential breakout above the $2,800 resistance zone.

According to data from crypto.news, Ethereum (ETH) price rose nearly 7% to a weekly high of $2,411 on Wednesday before stabilizing over $2,300 at press time.

Ether, along with the broader crypto market, has entered a period of cautious calm as Iran is reportedly pondering a U.S. proposal to end the war and open up the Strait of Hormuz, bringing balance once again to global energy supply chains and trade.

Advertisement

Despite this investor uncertainty, institutional investors continue to stack their positions in the token. Data from SoSoValue shows that spot Ethereum ETFs extended their inflow streak to the fourth day with over $270 million drawn in the period. This persistent demand from deep-pocketed investors suggests their belief in the token’s future potential and often pulls in fresh capital from retail investors over time.

On the daily chart, Ethereum price has confirmed a bull flag pattern and is eyeing a move above the 38.2% Fibonacci retracement level at $2,381. A decisive break above the flag’s upper boundary could accelerate the rally towards the $2,800 resistance zone or onwards to $3,000 if the current momentum sustains.

Momentum indicators seem to support such a bullish outlook as the Supertrend has remained in the green, indicating a healthy uptrend. At the same time, the MACD lines are close to forming a bullish crossover, which typically signals that the bulls are ready to take back control of the market.

On the contrary, a failure to hold current levels could see Ethereum drop back toward the $2,200 support level, where buyers would likely step in to defend the primary trend.

Advertisement

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Advertisement

Source link

Source link

South Korean crypto exchange Bithumb is expanding its overseas push through a new partnership in Vietnam as the country moves toward licensing its first domestic digital asset trading platforms.

Bithumb said it signed a memorandum of understanding (MoU) with SSI Digital (SSID), a subsidiary of Vietnam’s largest securities company, SSI Securities, to cooperate on establishing and operating a virtual asset exchange in the country.

The agreement, signed in Hanoi in March but announced Thursday, also leaves the door open for Bithumb to make a strategic equity investment in an SSID-designated entity, subject to Vietnam’s regulatory approvals.

The move positions Bithumb for Vietnam’s pilot program for licensed domestic digital asset trading platforms, creating a potential entry point into one of Southeast Asia’s fastest-growing crypto markets.

Advertisement

Vietnam’s tight crypto pilot race

Vietnam’s five-year crypto asset pilot, unveiled in September 2025, requires exchange operators to be Vietnamese entities with at least 10 trillion dong ($380 million), in charter capital and caps foreign ownership at 49%. Authorities are also drafting rules that could restrict trading on unlicensed overseas platforms.

Bithumb and Vietnam’s SSID Collaborate. Source: Bithumb

Competition for licenses is already intensifying. A Finance Ministry document cited by Reuters in March said five firms, including affiliates of private banks Techcombank, VPBank and LPBank, along with broker VIX Securities and conglomerate Sun Group, have already cleared an initial qualification round.

Related: Bank of Korea floats crypto ‘circuit breakers’ after Bithumb blunder

One of the most advanced bids is VPBank-linked CAEX, which secured backing from OKX Ventures and HashKey Capital in April to help meet Vietnam’s minimum charter capital threshold for the pilot. Bithumb’s Vietnamese partner, SSI Securities, is one of the country’s largest brokers and set up SSI Digital Technology JSC to spearhead its push into digital assets in 2022. Vietnam was ranked fourth in global crypto adoption in 2025 by blockchain forensics firm Chainalysis.

Advertisement

According to Bithumb’s press statement, the company and SSID plan to collaborate across exchange technology, wallet and custody systems, security and risk management, regulatory support and institutional business development. No timeline has been given for a formal license application or final investment decision, and Vietnam has not yet approved any fully licensed crypto exchange under the pilot.

Cointelegraph reached out to Bithumb for comment but had not received a response by publication.

Korea headwinds raise stakes

The expansion plan comes as Bithumb faces heightened scrutiny in its home country following a high-profile payout error and a delayed listing timeline.

The exchange has pushed back its initial public offering (IPO) to sometime after 2028, with management saying it needs to strengthen accounting policies and internal controls after earlier regulatory sanctions.

Advertisement

In February, Bithumb mistakenly credited customers with 620,000 Bitcoin instead of 620,000 won during a promotional event, briefly creating more than $40 billion in notional balances and triggering sharp price swings on the platform. The firm says it recovered 99.7% of the funds and is now pursuing legal action to reclaim the remaining 7 BTC.

Magazine: Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt

Source link

A US judge has sentenced a California man known as GothFerrari to 78 months in prison for his role in a crypto social engineering ring that turned to home burglaries when victims could not be deceived online.

Marlon Ferro, 20, of Santa Ana, also faces $2.5 million in restitution and three years of supervised release.

Inside the $250 Million Crypto Theft Ring

A multi-year federal investigation revealed that the enterprise drained more than $250 million in cryptocurrency from victims between late 2023 and early 2025. Its members operated out of California, Connecticut, New York, Florida, and overseas.

The crew specialized in roles that included database hacking, target identification, fraudulent phone calls, and money laundering. When social engineering failed, the ring sent Ferro to physically steal hardware wallets from victims’ homes.

“Marlon Ferro served as the criminal enterprise’s instrument of last resort… they turned to Ferro to break into homes and steal hardware wallets outright,” US Attorney Pirro said.

Follow us on X to get the latest news as it happens 

Brick-Through-Window Crypto Burglaries and Designer Spending

According to the press release, in February 2024, Ferro broke into a home in Winnsboro, Texas, and stole a hardware wallet. The device held roughly 100 Bitcoin (BTC), then valued at more than $5 million.

That July, Ferro went to New Mexico and surveilled a residence with a hidden cell phone. He smashed a window with a brick when co-conspirators tracking the victim’s iCloud account signaled the home was empty.

Beyond burglaries, Ferro laundered funds for the ring. Using fake identification from a foreign national, he opened a geo-blocked payment card account. The setup funneled over $255,000 in designer clothing to co-conspirators.

Stolen money also bankrolled extravagant spending. Court papers cite nightclub tabs of up to $500,000 per night and Hermès Birkin bags. Private jets and exotic cars valued up to $3.8 million were also part of the haul.

Authorities arrested Ferro in May 2025 with two firearms in his possession. He pleaded guilty in October 2025 to one count of conspiracy to participate in a racketeering-influenced and corrupt organization

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

The post Crypto Burglar Known as ‘GothFerrari’ Draws 78-Month Prison Term appeared first on BeInCrypto.

Source link

Crypto-friendly gift card platforms are designed to make it very easy to convert digital assets into real purchases. Now more than ever, users are buying gift cards with crypto on CoinsBee to shop online, access global brands, and spend their cryptocurrencies without having to trely on traditional payment methods.

It’s one thing to own crypto, but it’s a completely different matter to use it without friction. For this reason, crypto-friendly gift card platforms have historically been surging in popularity. That growing interest explains why more users now choose to buy gift cards with crypto on CoinsBee as a practical way to turn digital assets into everyday spending power.

Why Crypto Gift Cards Are Becoming a Go-To Option

For a lot of consumers, the appeal of these cards comes down to one thing – they are just more usable. People want simple, straightforward ways to turn crypto into something practical without having to jump through extra hoops.

Crypto-friendly gift card platforms are one of the things that make it possible. This is because they connect digital assets with real purchases, which helps to explain why they are becoming a relatively natural part of everyday online shopping.

The Rise of Crypto-Friendly Gift Card Platforms

It goes without saying that the crypto industry has matured well beyond its early image when it was a niche field reserved for cyphurpunks and tech enthusiasts. Today, many consumers want real-world ways to use their coins – whether for entertainment, travel, shopping, or everyday services.

This is gift cards come into play – they bridge the gap between digital assets and mainstream retail customers. Current adoption trends are also pointing toward a broader momentum, with Chainalysis reporting strong global consumer crypto adoption last year, going into this year as well.

Undoubtedly, another reason for this increase is the sheer convenience. Traditional crypto checkout options tend to be unavailable everywhere, and many merchants don’t yet accept crypto payments directly. This problem is solved by crypto gift cards because instead of waiting for every store to add native crypto support, users can buy branded cards and use them almost instantly and everywhere.

This model suits the way people show now – modern buyers value speed, mobile access, and simple transactions. A crypto-friendly platform allows them to use Bitcoin, Ethereum, or other assets for purchases without having to move funds through multiple apps, exchanges, wallets, or whatnot.

Benefits of Using Cryptocurrency for Digital Purchases

As opposed to converting assets into fiat before spending them, people are able to use Bitcoin, Ethereum, as well as other cryptocurrencies directly for purchases through gift cards.

Some of their main benefits include:

• Greater Flexibility for Crypto Holders: Users can turn their holdings into digital vouchers for well-known brands without first converting crypto into traditional currency;
• Faster Access to Purchases: Crypto transactions are often processed quickly, allowing users to obtain gift cards or balances without waiting for bank transfers or lengthy payment processing;
• More Privacy and Independence from Traditional Payment Systems: Some people prefer not to rely on credit cards or bank accounts for every purchase. Crypto gift cards offer an alternative way to shop online;
• Convenient for Cross-border Spending: For people who travel frequently or live in regions where international payments can be complicated, crypto gift cards provide an easier option for purchases and online gifting.

How to Pick a Trusted Platform for Crypto Gift Cards

It’s important to understand that not every single platform offers the same experience. That’s why it’s important to choose the right one. When selecting a service which will convert your crypto into digital cards, here are a few essential factors you should undoubtedly keep in mind.

1. Clear Coverage and Availability: A reliable platform should clearly show which brands are available, which countries are supported, and which cryptocurrencies can be used;
2. Transparent Pricing and Checkout: Users should be able to see the cost of each card, understand how the checkout process works, and complete crypto payments without confusion. If the platform feels vague or complicated, it can be a warning sign;
3. Strong Security and Reputation: A trustworthy service usually has a solid track record, supports popular cryptocurrencies, and offers a secure environment for transactions;
4. A Wide Catalog of Digital Vouchers: Platforms that provide access to many brands give users more flexibility when choosing digital vouchers for personal purchases or online gifting;
5. A Simple and User-friendly Experience: The best services make the process easy, even for beginners. Users should be able to browse options, choose a value, select their preferred cryptocurrency, and complete the purchase quickly.

Tips for Getting the Most Out of Crypto Gift Cards

Now, crypto gift cards are not just used for one-off purchases – they can become a valuable part of your regular spending routine. Here are a few practical tips that will help you make the most of them.

Match the Card to Your Needs

You should use crypto gift cards for things you truly need if you are to get the best of them. Whether it’s shopping, subscriptions, or travel, if you have a clear idea of what you want to buy, this will ensure your purchases are more efficient and intentional. The approach would make crypto spending purposeful, and it would help you avoid unnecessary purchases.

Time Your Purchases

When you choose to use your crypto can make a big difference. Some users prefer to spend their crypto when the market is stable or after setting aside a portion of their holdings for purchases. Others find it easier to manage their spending with gift cards, as the fixed value makes it simple to track budgets and avoid overspending.

Take Advantage of Online Gifting

Crypto gift cards are an excellent choice for online gifting. They’re fast, easy to send, and require minimal steps, making them perfect for giving digital gifts. With global shopping becoming increasingly cross-border and multi-platform, the flexibility of gift cards provides real convenience.

By keeping these strategies in mind, you can boost the value and convenience of your crypto gift cards, turning them into a practical tool for everyday spending.

Conclusion

Cryptocurrencies have evolved from being just something people hold and watch in their wallets. More users are now seeking practical ways to convert their holdings into real purchases.

Instead of waiting for every store to accept direct crypto payments, users can easily buy gift cards with crypto on CoinsBee and immediately use them for shopping, entertainment, travel, and online services.

Frequently Asked Questions (FAQs)

Why are crypto-friendly gift card platforms becoming more popular?

Crypto-friendly gift card platforms are gaining popularity, largely because they make it easier to use digital assets in everyday life. Instead of having to worry about converting crypto into traditional money through exchanges, users can just buy a gift card and spend it on shopping or online services.

How do I know if a platform is trustworthy?

One thing a trustworthy crypto gift card platform should offer is unparalleled transparency. You should be looking for services that clearly list the supported cryptocurrencies, available brands, and supported countries. The more reliable platforms also provide secure payment processing, simple checkout steps, and clear pricing.

A trustworthy crypto gift card platform should offer transparency, security, and a strong reputation. Look for services that clearly list supported cryptocurrencies, available brands, and supported countries. Reliable platforms also provide secure payment processing, clear pricing, and straightforward checkout steps.

Can crypto gift cards be used for gaming, shopping, and other services?

Yes, crypto-based gift cards are made to be versatile. They can typically be used for a wide range of products and services. Many platforms offer vouchers for gaming platforms, online retailers, streaming services, digital marketplaces, and travel providers.

Are crypto gift cards a safe way to manage digital assets?

Cryptocurrency gift cards can be a safer and more practical option when they are purchased through reputable platforms. They are known to allow users to convert a portion of their digital assets into a fixed-value digital voucher, which makes spending a lot easier.

What should I watch for in the future of crypto gift cards?

The future of cryptocurrency gift cards seems to be focusing on greater accessibility, faster transactions, and wider availability of brands. As crypto adoption grows altogether, more platforms are expected to expand their catalogs and support additional digital assets.

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and to do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

The post Why More People Are Choosing Crypto-Friendly Gift Card Platforms appeared first on CryptoPotato.

Source link

The social sentiment surrounding Bitcoin (BTC) has swung to its most bullish level in four months as the asset surged past the $80,000 mark earlier in the week.

This is according to data shared by Santiment on May 7, with the shift reflecting a market that has quickly moved from fear to optimism after weeks where BTC’s price was weighed down by macro uncertainty and crypto-related security concerns.

Traders Turn Optimistic as Bitcoin Rebounds

Now, retail traders are once again piling into bullish calls across social media, with Santiment’s data capturing this through its Positive/Negative Sentiment metric, which runs posts and threads from major platforms through a machine-learning model to separate bullish from bearish commentary and calculate the ratio between them.

At 1.37, the current reading is at its highest since early January, when the market was coming off a strong end to 2025. Back in mid-April, sentiment had done the opposite, collapsing deep into bearish territory in the wake of the KelpDAO exploit.

Santiment noted at the time that the widespread panic was actually a healthier environment for a rebound, as it cleared out less committed holders.

That rebound came, and with optimism now back near multi-month highs, the firm is highlighting the other side of that dynamic.

“As fear disappears and FOMO rapidly takes over social media discussions, traders often enter positions late into rallies,” Santiment wrote, “increasing the probability of local tops, profit-taking, and sudden volatility.”

The firm was direct that this does not mean the rally is finished, but that the risk profile is meaningfully higher now than it was a few weeks ago, when most of the crowd was still panicking.

What the Data Needs to Confirm a Bottom

On the price side, Bitcoin was trading at around $81,000 at the time of writing, up by about 7.5% over the past seven days and 18% in the last month.

It briefly tapped $82,000 on May 6, marking a new three-month peak before pulling back slightly, with the 24-hour range having sat between approximately $80,800 and $82,800 per CoinGecko.

However, not everyone is treating the price recovery as a clean setup. Analysts at Bitfinex described the rally to $80,000 as misleading and argued that the market is not positioned for upside movement.

On the other hand, some traders are closely watching whether BTC can reclaim higher realized price bands tied to underwater holders from late 2025 and early 2026.

According to market commentator IT Tech, Bitcoin needs to break above roughly $89,000 and hold that level before a durable bottom can be confirmed.

The analyst pointed to several realized price zones between $89,000 and $112,000 where trapped buyers may look to exit positions once prices recover.

The post The FOMO Is Back: Why Bitcoin’s Latest Rally Has Analysts Flashing Warning Signs appeared first on CryptoPotato.

Source link