Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level, which suggests that the Dogecoin price could rally above $10 in this bull run. The analyst noted that DOGE previously reached this Fibonacci level, which suggests it may do so again in this cycle. Dogecoin Price Eyes Rally Above $10 With This Fibonacci Level In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10 if it reaches the 423.6% Fibonacci level. The analyst used the Fibonacci tool to highlight the fact that both the first and second DOGE cycles topped at the 423.6% level. Based on this, the foremost meme coin could reach this level, surpassing the $10 target. Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible? Interestingly, DOGECAPITAL noted that should history repeat itself, the Dogecoin price could rally to as high as $36, which is where the 423.6% is. This could mark the potential top for the meme coin in this cycle. The analyst also confirmed that DOGE is nowhere near its top in this third cycle based on the historical timing of past cycles. If this historical pattern keeps playing out, DOGECAPITAL predicts that the projected top for the Dogecoin price could occur around the final week of October. The analyst also believes that the market has entered DOGE season with Bitcoin reaching new all-time highs (ATHs) and the meme coin currently sitting near key support. However, despite the current bullish sentiment in the crypto market, it is worth noting that the Dogecoin price is still sitting just below the psychological $0.2 level. As such, this raises doubts about whether the DOGE season has truly begun. Crypto analyst Trader Tardigrade stated that the DOGE/BTC chart may show a God candle this season, which would kickstart the DOGE season. Meanwhile, crypto analyst Kevin Capital noted that the DOGE/BTC chart is sitting in a historical zone of support. He added that the monthly time frame indicators are also fully reset, providing the best setup for the Dogecoin price. DOGE Eyes Rally To $0.25 In The Short Term In an X post, crypto analyst Ali Martinez predicted that the Dogecoin price could rally to $0.25 in the short term. Alluding to DOGE’s daily chart, Martinez stated that the meme coin is trading within a channel and that it just bounced off the bottom. He added that a buying spike at this level could send DOGE to the top of the channel at $0.25. Related Reading: Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline This level is significant as it marked the last local top for the Dogecoin price. As such, a successful break above this level could lead to higher prices for the meme coin. Meanwhile, Trader Tardigrade stated that DOGE’s daily RSI might find support soon, completing a healthy pullback and preparing for a new surge. At the time of writing, the Dogecoin price is trading at around $0.19, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com Source: newsbtc.com (Read Full Article)
Uniswap’s $73B Growth Fuels Optimism for DeFi and the Best Presales After Leadership Change
Mary-Catherine Lader just stepped down as President and COO of Uniswap Labs after a four-year run that transformed the platform into the biggest decentralized exchange on Ethereum. During her time at the helm, Uniswap went from scrappy startup to DeFi juggernaut, pulling in over $73B in trading volume in the last month alone. That number alone has crypto optimists buzzing. So what’s next? Well, as Uniswap looks for its next leader, the rest of DeFi is doing what it does best – evolving fast. New crypto projects are stepping up to fill the innovation gap and take decentralized finance to the next level. And in true Web3 fashion, it’s not just about serious finance anymore. Why Lader’s Exit Matters Mary-Catherine Lader wasn’t just another name on the masthead. She was a driving force behind Uniswap’s rise to dominance in decentralized finance. Joining as President and COO in 2021, she played a central role in turning Uniswap from a developer-first protocol into a fully operational, structured business. Under her leadership, the company raised $165M in October 2022, achieving a valuation of $1.66B. But perhaps her most impressive feat was navigating the SEC investigation that loomed over Uniswap for nearly a year. That probe concluded in February 2025 with no enforcement action, a massive win for the entire DeFi sector. Lader’s departure after this victory feels intentional – a well-timed baton pass now that Uniswap stands on solid ground. It’s a clear signal: Uniswap is strong, mature, and ready for what’s next. Just like the DeFi ecosystem it helped build. Let’s take a look at three top crypto presales that could ride this next wave. 1. Best Wallet Token ($BEST) – Your DeFi Wallet Just Got Smarter With DeFi entering a more mature phase, thanks to leaders like Mary-Catherine Lader pushing for transparency and regulation, it’s no surprise that users are demanding smarter tools. Enter Best Wallet Token ($BEST), a next-gen crypto wallet aiming to outpace clunky legacy apps like MetaMask with advanced features, clean design, and serious security. Right now, you can buy $BEST for just $0.025335, and the project has already pulled in a hefty $13.9M during the presale. That’s not hype – it’s momentum. Best Wallet is packed with features that make it feel more like Apple Wallet (if Apple actually cared about DeFi). Its standout tool? Upcoming Tokens, which lets you buy presale tokens safely and directly inside the app – no sketchy mirror sites or third-party scams. Add to that Fireblocks-powered MPC-CMP security, reduced transaction fees, iGaming perks, and governance rights, and $BEST starts looking like a wallet token with real-world muscle. If Uniswap’s $73B surge fuels optimism for meme coins, $BEST is where you might safely store them. 2. SUBBD Token ($SUBBD) – Turning Clout Into Crypto The creator economy is booming, but most platforms still take a massive cut while leaving creators fighting for scraps. SUBBD Token ($SUBBD) wants to change that by putting the power – and earnings – back into the hands of influencers, artists, and yes, even meme lords. Built as the first AI-driven, premium content platform on the blockchain, SUBBD lets users create and monetize content with game-changing tools. At the core is an AI agent that automates chat, edits videos, and helps creators engage fans without burning out. And with over 250M combined followers across SUBBD’s platform, Honny brand, and ambassador network, it’s already got a massive audience primed for Web3. Currently, you can buy $SUBBD for $0.055925, with $810K raised in presale – a strong signal of early traction. $SUBBD also offers 20% APY staking during the presale, plus real-time, low-fee crypto payments that make tipping and subscribing a breeze. In a DeFi world shaped by leaders like Mary-Catherine Lader, who bridged traditional finance with blockchain, $SUBBD is extending that legacy – bringing AI and creator freedom to the next generation of decentralized platforms. 3. Little Pepe ($LILPEPE) – Meme Power Meets Layer‑2 Muscle Following Uniswap’s $73B surge, DeFi’s energy isn’t confined to Ethereum alone. Little Pepe ($LILPEPE) seizes that momentum by launching the first meme‑focused Layer‑2 blockchain built on Ethereum. It combines the fun of meme coins with real utility, offering zero‑tax trading, lightning‑fast, low‑fee transactions, bot protection, staking, and DAO governance. Currently, 1 $LILPEPE = $0.0015, and its presale has raised $7,2M. That funding level underscores enthusiastic backing for its vision: a Layer‑2 chain for memes. The heart of the project is the Little Pepe Chain – EVM‑compatible, ultra‑scalable infrastructure built to launch new tokens via a meme launchpad, protect users from sniper bots, and host NFTs. It aims for seamless edge utility for creators and traders alike, reflecting the kind of platform Uniswap’s surge inspires. Alongside blockchain utility, it boasts a $777K giveaway, strong community traction, and plans for Tier‑1 exchange listings – that’s meme culture backed by infrastructure. As Uniswap settles into its next chapter, Little Pepe shows how the Uniswap $73B surge fuels optimism for meme coins – fusing humor, community, and real tech into the future of DeFi. The Torch Is Being Passed Lader’s exit doesn’t mean DeFi is slowing down. If anything, it’s accelerating. With projects like $BEST, $SUBBD, and $LILPEPE stepping up, the crypto world might be entering a new golden age – one that’s decentralized, community-driven, and just a little chaotic. This article is for informational purposes only and doesn’t constitute financial advice. Always do your own research (DYOR) before investing in crypto. Source: newsbtc.com (Read Full Article)
Bitcoin Retail Demand Rebounds – $0–$10K Transfer Volume Turns Positive
Bitcoin volatility is back on the rise after a dramatic week of price action. On Monday, BTC surged to a new all-time high of $123,200, only to retrace to $115,700 by Tuesday, highlighting the fast-paced, high-stakes environment that has returned to the crypto market. Despite the sharp pullback, the overall trend remains bullish, with price structure and momentum still favoring the bulls. Related Reading: SharpLink Gaming Buys $73M in Ethereum – Smart Money Loads the Dip Bitcoin has held above key support levels, and buyers continue to step in on dips, reinforcing confidence in the ongoing uptrend. The recent move is viewed by many as a healthy correction rather than a reversal, especially given the macro backdrop and rising institutional involvement. Adding to the bullish narrative, CryptoQuant data reveals that retail investors are making a comeback. The 30-day change in demand for small BTC transfers (ranging from $0–$10K) is signaling renewed interest from retail investors. Retail Demand Reawakens As Crypto Week Advances In Washington Top analyst Axel Adler has highlighted a critical on-chain signal that points to the return of retail investors in the Bitcoin market. The 30-day change in demand for small transfer volumes ($0–$10K) has moved out of negative territory for the first time in months. This shift indicates a meaningful increase in activity from smaller holders—widely interpreted as retail participants—after a prolonged period of dormancy. Retail involvement plays a crucial role in sustaining long-term bullish trends. While institutional demand often drives initial breakouts, it is the broad participation from everyday investors that adds momentum and staying power to rallies. The reappearance of retail buying interest not only strengthens Bitcoin’s current price structure but also suggests growing confidence in the asset’s outlook, despite recent volatility. This renewed demand comes at a pivotal time. “Crypto Week” is underway in the US Congress, where lawmakers are actively debating and voting on three major cryptocurrency bills. The outcomes of these discussions are expected to shape the regulatory landscape for years to come and could provide the clarity that both retail and institutional investors have long awaited. For now, the uptick in small-scale BTC transfers is a strong signal. That retail investors are re-engaging just as the crypto industry prepares for potentially historic policy changes. Related Reading: Bitcoin Bears Strike Back After ATH: Long/Short Ratio Flips Negative BTC Holds Above $118K After Reclaiming Breakout Zone Bitcoin is currently trading at $118,914 on the daily chart. After a sharp rally pushed it to a new all-time high of $123,200 earlier this week. The price has since retraced, but BTC continues to hold above key support levels, signaling bullish resilience. The recent dip toward $117,000 was met with buyer interest, as seen in the long lower wick and a moderate bounce on rising volume. The chart shows that BTC is comfortably trading above the 50-day, 100-day, and 200-day simple moving averages (SMAs). Currently at $108,040, $102,116, and $97,362, respectively—all of which are upward sloping. This confirms a strong bullish structure, with momentum still favoring buyers in the medium to long term. Related Reading: Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth With volatility increasing and volume surging, Bitcoin’s consolidation above $118K could act as a launchpad for a second leg higher. A strong close above $120K would likely confirm continued bullish momentum heading into the final stretch of “Crypto Week.” Featured image from Dall-E, chart from TradingView Source: newsbtc.com (Read Full Article)
Ethereum Rips Through Thin Zone: A Loud Move After Weeks of Silence
After weeks of whisper-quiet consolidation, Ethereum has finally found its voice, roaring through a historically thin price zone with conviction. Backed by heavy volume and strong weekly closes, ETH’s breakout isn’t just technical. The silence is over, and the bulls are back in charge. Weekly Charts Tell The Story: ETH Strength vs. SOL Struggle Cazz, in a recent update on X, highlighted a significant development on the Ethereum weekly chart. The ETH/USD pair has broken out of an 8-week tight consolidation range. This breakout came on the back of high volume and strong weekly closes near the highs. Its rapid price movement through a historically thin zone further confirms that this is classic big money behavior. Related Reading: Ethereum Bulls Roar — $3K Beckons After 5% Spike The technical structure suggests Ethereum’s bullish momentum is not only gaining traction but also aligning with broader institutional interest. This kind of breakout pattern often indicates the start of a stronger trend, especially when accompanied by elevated volume and price conviction as seen on the chart. In contrast, the SOL/ETH chart is showing a completely different story. Cazz pointed out that the pair is breaking down below long-term support on the weekly timeframe. This signals relative weakness and may be a sign that market participants are shifting preference away from SOL in the short and medium term. While Solana could still deliver in isolated moves, the overall structure puts Ethereum as the stronger asset. Cazz’s analysis suggests a shift in market leadership, with Ethereum gaining strength through “classic big money behavior” while Solana shows weakness. As ETH asserts itself as the institutional Layer 1, it could be entering a more dominant phase in the near term. ETH Shifts Gears: From Accumulation To Acceleration According to Cazz, after “more than a year of sideways action and base building,” which he notes “can be a sign of institutions building substantial positions,” ETH appears to be transitioning into a new leadership phase. This shift is backed by strong fundamentals (tokenized treasuries, RWAs, DeFi infra) and upcoming regulatory catalysts, all pointing toward Ethereum’s growing dominance. Related Reading: Ethereum Price Signals Strength — Bullish Pop May Be Just Ahead Cazz highlighted that “Ethereum memes are coming back to life on big volume,” signaling a strong return in community sentiment and trader interest. This renewed energy around Ethereum memes is happening as the price breaks through key levels and narratives regain traction in the market. In his observation, Cazz pointed out that some are already up 5-10x from local bottoms, showcasing just how quickly opportunities are unfolding in the Ethereum ecosystem. Such momentum suggests that the quiet accumulation phase may now be giving way to a more aggressive rally led by both fundamentals and capital rotation. Featured image from iStock, chart from Tradingview.com Source: newsbtc.com (Read Full Article)
XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH?
The past week has been nothing short of interesting for XRP. Notably, the cryptocurrency has been on an extended run of increases in the past seven days, which saw it momentarily touch the $3 price level for the first time in months. This interesting move came after reports broke of the US Securities and Exchange Commission’s approval of the ProShares Ultra XRP ETF, which allowed XRP to extend its upward movement. However, this momentum didn’t just affect price; it also had major effects on XRP’s standing in the overall crypto market. XRP Becomes Top 3 Crypto The SEC’s decision to approve the ProShares Ultra XRP ETF, which offers 2x daily exposure through futures contracts, is an interesting milestone for XRP. After years of legal scrutiny and uncertainty, especially following the SEC’s 2020 lawsuit against Ripple, the ETF approval is a remarkable change in the SEC’s stance with XRP. It shows that XRP has not only survived the challenges but has also earned a place in the next phase of institutional adoption of cryptocurrencies. Related Reading: XRP ETF Race Heats Up: Why July 14, July 21, And July 25 Are Important After news of the ProShares ETF approval, XRP rallied sharply and outperformed many other top assets on both the daily and weekly timeframes. This surge came as a continuation of bullish momentum already building from Bitcoin’s recent breakout to new all-time highs above $122,000. However, even while Bitcoin corrected back to below $118,000, XRP managed to keep up with the pace of inflows. At the time of writing, XRP is up by about 25.7% in a seven-day timeframe. This notable increase has allowed its market cap to increase to $173.4 billion, effectively overtaking that of Tether USDT’s market cap of $159.8 billion. This means that XRP is now back to being the third-biggest cryptocurrency by market cap and it is now closing in on Ethereum in rankings. Can The Altcoin Flip ETH? XRP’s climb past USDT in market capitalization reflects both a solid price surge and its strength in the crypto market. The next target on the leaderboard, however, is much more formidable. To flip ETH in market cap, XRP would need to more than double from its current $173.46 billion to exceed Ethereum’s $381.13 billion. Assuming the current circulating supply of 59.13 billion XRP tokens is kept at this level, this translates to a required price of roughly $6.60 per XRP in order to reach a $381.13 billion market cap. Related Reading: Official Ripple Document Surfaces Online, Revealing What Will Drive The XRP Price Higher XRP overtaking ETH would also be somewhat of a hard task, considering the fact that ETH has also kept up interesting price gains in the past few days. Particularly, the leading altcoin is also up by about 20.2% in the past seven days. Ethereum’s price performance can be attributed to the steady inflows into Spot Ethereum ETFs, which have witnessed $1.55 billion inflows in July. However, XRP still has a chance of overtaking Ethereum, especially when a Spot XRP ETF is approved by the SEC. An important moment could happen on July 25, when the SEC is expected to decide on the REX-Osprey XRP ETF, which is a spot-based ETF. Some analysts believe XRP’s price could skyrocket toward $1,000 under a scenario of full-scale institutional adoption. If that vision materializes, XRP wouldn’t just surpass Ethereum; it would be positioned to compete with Bitcoin in market cap. At the time of writing, XRP is trading at $2.93. Featured image from Getty Images, chart from Tradingview.com Source: newsbtc.com (Read Full Article)
Bitcoin’s Next Milestone: $250K In Sight After $120K Test, Analyst Says
Bitcoin spent about nine months stuck below $110 K before finally pushing past that ceiling this month. The move up to $123,000 shows real buying power. According to EliteOptionsTrader, a crypto expert, many investors see this as the start of something bigger. Related Reading: Avalanche Shatters Record With 20M Transactions—Is Real-World Use Finally Here? Key Catalysts Driving The Surge Based on examination by EliteOptionsTrader, one of the biggest factors is the potential approval of a spot Ethereum ETF. Bitcoin’s own ETFs have pulled in billions from major institutions, and a greenlight for Ethereum could send more money into crypto overall, lifting Bitcoin further. The US election is now behind us, and talk of Federal Reserve rate cuts in late 2025 is fueling bets on a weaker dollar. Many traders view Bitcoin as a shield against political or economic swings. At the same time, hedge funds, sovereign wealth funds, and pension plans hold only small slices of Bitcoin so far. If they decide to jump in, that could push prices even higher. Bitcoin’s Road to $250K in 2025? 🚀$BTC has been consolidating under 110k for the last 9 months and finally broke out this month. As of now we already test 120k and looks like we are in route to testing 150k in the coming weeks. One thing to note, after something bases for such… pic.twitter.com/GGUrcUcp0D — EliteOptionsTrader (@EliteOptions2) July 15, 2025 Long Base Could Support Further Gains Bitcoin’s lengthy base under $110K sets a solid foundation. Breakouts after long periods of sideways action often lead to steep rallies. Still, it’s normal for prices to dip back toward the breakout zone. A pullback to around $115K–$118K could happen before any major surge. Traders will be watching support at $118K and resistance near $125K. Brewing Institutional FOMO Even after the rally, big players have only dipped their toes in. EliteOptionsTrader notes that a major allocation wave—from a large pension fund or insurance giant—could trigger fresh price discovery. And let’s not forget the April 2024 halving, which cut Bitcoin’s daily issuance by half. That supply shock often takes several months to show its full effect, but we’re seeing demand tick up already. Even with a strong start, the path up isn’t without hazards. Sharp corrections of 10%–20% are part of crypto’s genes. Any surprise rules from major markets could stall this run. Related Reading: If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says On Cautious Optimism And Targets If Bitcoin can clear $127K, the odds of a parabolic move rise sharply. Based on analysis by EliteOptionsTrader, a test of $150K in the next few weeks looks within reach. That said, aiming for $250K by year end will require all these factors to line up without a single major setback. Bitcoin’s latest breakout feels exciting, but traders should keep a close eye on how it handles new support levels. Riding the trend can pay off, yet managing risk is just as important as spotting the next high. Featured image from Meta, chart from TradingView Source: newsbtc.com (Read Full Article)
Bitcoin Next Key Level Is $136,000 If Momentum Holds, Glassnode Says
The on-chain analytics firm Glassnode has pointed out how $136,000 could be the next price level of importance for Bitcoin, if current momentum continues. This Bitcoin Short-Term Holder Cost Basis Level Is Situated At $136,000 In a new thread on X, Glassnode has discussed what a few different on-chain indicators suggest regarding where Bitcoin is in the current cycle. The first metric shared by the analytics firm is the Short-Term Holder (STH) Cost Basis, which measures the average acquisition price of the investors who purchased their coins within the past 155 days. Related Reading: Bitcoin Falls Below $117,000 Amid $3.5 Billion Profit-Taking Frenzy Below is a chart showing the trend in this metric over the last couple of years. As displayed in the graph, the Bitcoin price broke above the STH Cost Basis earlier in the year and has since remained above the line, indicating the STHs as a whole have been in a state of net profit. In the same chart, the analytics firm has also marked a few other levels, each corresponding to a specific standard deviation (SD) from the STH Cost Basis. With the recent price surge to a new all-time high (ATH) above $123,000, BTC was able to breach the +1 SD level, which has historically corresponded to heated market conditions. After the pullback, though, the coin has returned below the mark, but still remains close to it. “If this momentum continues, the next key level is $136k (2 +std), a zone that has historically marked elevated profit-taking and local market peaks,” explains Glassnode. While Bitcoin is still not overheated from the perspective of the STH Cost Basis model, other indicators paint a different picture. The STH Supply In Profit, an indicator tracking the percentage of the cohort’s supply that’s sitting on some gain, has recently surged far above the 88% threshold that has separated high-risk euphoric phases. Another metric, measuring the percentage of STH volume that’s leading to profit realization, also similarly saw a jump significantly above the historical overheated cutoff of 62%. “Such spikes often occur multiple times in bull markets, but repeated signals at these levels typically precede local tops and warrant caution,” notes the analytics firm. During this spike of profit-taking, the ratio between the profit and loss being realized by the Bitcoin STHs spiked to a 7-day exponential moving average (EMA) value of 39.8. This is a value that’s, once again, extreme by historical standards. That said, spikes like this have generally occurred multiple times over the course of a cycle, before a top is finally attained. Related Reading: Bitcoin Returns Under $117,000: Is Social Media FOMO To Blame? “Historically, cycle tops follow with a lag, leaving room for further upside,” says Glassnode. “However, risk is elevated and the market becomes increasingly sensitive to external shocks. The current pullback aligns with this pattern.” BTC Price At the time of writing, Bitcoin is floating around $118,800, up more than 8% in the last seven days. Featured image from Dall-E, Glassnode.com, chart from TradingView.com Source: newsbtc.com (Read Full Article)
Bitcoin Dominance Just Got Rejected From TSDT Resistance That Triggered Last Altcoin Season — Details
Bitcoin Dominance (BTC.D) has hit a critical turning point after getting sharply rejected from a TSDT resistance level that previously marked the start of a massive altcoin season. As the market reacts to this technical signal, analysts are closely watching for signs that a new altcoin season could be underway—one that could potentially mirror the explosive shift seen in 2021. Bitcoin Dominance Chart Signals Repeat Of 2021 Altcoin Season A new crypto analysis by market expert Tony Severino, posted on X social media on July 15, reveals that Bitcoin Dominance has once again faced a sharp rejection from the crucial TSDT resistance area near 65%. This level represents a technical ceiling that previously triggered a complete rotation of capital from BTC to alternative cryptocurrencies, fueling the famous altcoin season in early 2021. Related Reading: Bitcoin Dominance Falls: 9 Factors To Watch For That Says The Altcoin Season Has Begun The analyst’s monthly chart shows Bitcoin Dominance steadily climbing from mid-2022, peaking at around 65% in July 2025 before being rejected. This behavior mirrors the price action observed in late 2020 to early 2021, when BTC.D also reached this zone, got rejected, and then plunged—triggering a full-blown altcoin rally. Currently, Severino’s chart shows that Bitcoin Dominance sits at approximately 64.07%, just under the TDST resistance at 63.83%, with a notable candle forming after a strong uptrend. The analyst has indicated that if history repeats itself in this current cycle, it may result in a similar capital inflow into altcoins, possibly igniting the next altseason. Furthermore, the chart outlines key technical thresholds, including the TDST resistance, a TDST risk around 57.11%, and TDST support down at 40.08%. A decline toward these lower levels would indicate a significant drop in BTC dominance and further reinforce a pro-altcoin environment. Altcoin Supercycle Incoming Crypto analyst Merlijn The Trader has also shared insight on the possibility of an explosive altcoin season this bull cycle. The analyst stated on X that a historical pattern between the US Dollar Index (DXY) and Bitcoin Dominance appears to be repeating, signaling the beginning of a new altcoin supercycle. Related Reading: Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? According to his chart, three major DXY bull traps have been identified since 2016, each followed by a dramatic decline in BTC.D and a strong rally in the altcoin market. The first two DXY bull traps, which occurred around 2017 and 2020, both triggered significant breakdowns in BTC.D—plunging from over 90% to around 35% in 2018, and again in 2021. These breakdowns marked the start of powerful runs, now recognized by the analyst as altcoin supercycles. The current market structure now suggests that the next leg lower could be imminent, with BTC.D beginning to trend downward again. If history repeats itself, this setup implies a weakening dollar, declining Bitcoin Dominance, and the potential for altcoins to outperform significantly in the coming months. Featured image from Pixabay, chart from Tradingview.com Source: newsbtc.com (Read Full Article)
Massive Whale Profits $15 Million—Now Betting Big On Ethereum To Crash
A well-known crypto whale has made a big move against Ethereum, opening a $62.42 million short position using 18x leverage. The trader, identified by the wallet address “0x2258…”, is betting heavily that ETH won’t climb anytime soon—and so far, the gamble is paying off. Related Reading: Avalanche Shatters Record With 20M Transactions—Is Real-World Use Finally Here? Based on blockchain data monitored via Hyperdash, the whale shorted 20,474 ETH at an entry point of $3,060. As ETH has been trading at levels lower than $3,000 at the time of writing, the whale is already enjoying an unrealized profit of approximately $1.14 million, or returns of 30%. Ethereum Under Pressure Below $3,500 The liquidation value of the position is at $3,505 — near where ETH traded previously in January 2025. That point is now serving as very powerful resistance. If the price exceeds that level, the position stands to be completely liquidated. Whale 0x2258, who’s already made over $15M, is shorting $ETH with 18x leverage, holding a position of 20,474 $ETH($62.5M). This whale has previously profited big by trading against James Wynn.https://t.co/BALllYbUXbhttps://t.co/NhOE1YD4QN pic.twitter.com/7k5ZE81Noa — Lookonchain (@lookonchain) July 15, 2025 Despite that narrow buffer, the trader seems confident. The use of 18x leverage suggests a high-conviction call that ETH will drop further or, at the very least, won’t bounce past that resistance level in the short term. This kind of heavy shorting is raising eyebrows in a market that’s still undecided on whether Ethereum can regain bullish momentum alongside Bitcoin. Track Record Of Outsmarting James Wynn This isn’t the first time “0x2258…” has stepped in with bold trades. The wallet has gained a reputation for taking positions that go directly against crypto influencer James Wynn—often with profitable results. Back in May, Wynn went long on ETH and Bitcoin. Almost immediately, 0x2258 shorted both. When Wynn closed his positions, 0x2258 did the same and walked away with $1.36 million. The next day, as Wynn flipped bearish, 0x2258 went long and bagged another $2.54 million. The back-and-forth continued. By May 26, the whale had locked in $5.6 million in profits in just three days. Since then, the strategy has snowballed into more than $15 million in realized gains, most of it from flipping against Wynn’s positions. Related Reading: If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says Big Bet Reflects Uncertainty In ETH’s Path While Bitcoin continues to break through key resistance zones, Ethereum seems stuck in a tougher fight. Traders like 0x2258 appear to believe that ETH lacks the strength right now to push past the $3,500 level. Still, shorting with this level of leverage is a double-edged sword. If ETH bounces sharply, traders like 0x2258 could get caught in a squeeze, forced to buy back in at a loss—driving the price up even faster. So far, though, the whale is winning again. Whether it ends in another multi-million-dollar gain or a hard reset depends on what ETH does next. For now, the market is waiting to see what happens next. Featured image from Meta, chart from TradingView Source: newsbtc.com (Read Full Article)
Bitcoin Price Still Not Overheated Says Top Metrics, Is $150k Close?
The Bitcoin price has been cooling off on low timeframes, while the altcoin markets take advantage to trend higher. The top cryptocurrency has been struggling as major holders take profit at BTC’s current level. Related Reading: Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? At the time of writing, the Bitcoin price trades around $118,800 with a 2% gain over the last 24 hours and a 9% gain over the past week, according to data from CoinGecko. Conversely, Ethereum, XRP, and Dogecoin have seen gains north of 16% on similar timeframes. BTC’s price trends to the upside on the daily chart. Source: BTCUSD on Tradingview Bitcoin Price At Critical Levels, More Gains On The Horizon Following a major upside push from below $100,000, the Bitcoin price broke a persistent downtrend and managed to hit a fresh all-time high close to its current levels. As mentioned, a report from on-chain analytics firm Glassnode claimed an increase in profit taking from short-term holders. As these players exited the market, taking over $3.5 billion in profits in just 24 hours, the Bitcoin price lose steam and began moving sideways. While Bitcoin has been on a violent bull run, there are still fears of a major pullback from the $118,000 area to the support zone at around $110,000. However, a report from CryptoQuant, with data from top analyst Crypto Dan, suggests that the Bitcoin bull run still has some room for another leg up. As seen in the chart below, the current BTC market is nowhere near the overheated levels recorded in March and December of 2024. BTC’s Realized Cap Age Bands as measured by UTXOs far from previous bear market levels. Source: Crypto Dan via CryptoQuant The CryptoQuant post stated the following, sharing an insight from Crypto Dan: (…) unlike in March and December 2024, on-chain data indicating market overheating shows that the market still hasn’t reached an overheated state. Despite the price rising even higher, the fact that overheating has significantly decreased compared to previous short-term peaks suggests that Bitcoin could continue to break all-time highs and rise significantly in the second half of 2025, leaving strong potential for growth. Bitcoin Bull Run Far From Over? In this context, and if bulls are able to sustain the momentum, Bitcoin is likely heading for higher. As NewsBTC covered earlier, a prediction from a top analyst claims that the levels of BTC adoption are unprecedented. Related Reading: This Fibonacci Level Puts The Dogecoin Price Above $10 This Cycle As such, the analyst said that the ‘real Bitcoin move’ is only about to begin. The analyst stated: I have a high degree of confidence that we’ll see $400k by the end of this year. This target might be too conservative. Cover image from ChatGPT, BTCUSD chart from Tradingview Source: newsbtc.com (Read Full Article)