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Криптопроекты семьи президента США Дональда Трампа увеличили состояние политика минимум на $620 млн, сообщили эксперты Bloomberg. Основными источниками прибыли стали площадка World Liberty Financial (WLFI) и мемкоин TRUMP.

Renowned market analyst Ali Martinez has shared an interesting technical insight highlighting XRP’s potential of a price breakout in the coming weeks. Notably, the prominent altcoin has registered a minimal 1.5% gain in the past week, despite experiencing multiple rejections around the $2.31 price region.

Based on recent price movements, Martinez postulates XRP would soon presented with another chance to confront this rigid resistance, overcoming which paves the way for a short-term price surge.

XRP Faces Critical Resistance At $2.33 – Can Bulls Break Through?

In an X post on July 5, Ali Martinez shares a 4-hour XRP trading chart that shows the altcoin has maintained a constant price range since the beginning of June barring a temporary breakdown between June 22-23.

According to the presented analysis, the $2.33 level has consistently acted as a ceiling for XRP within the specified time frame, with multiple price rejections seen around that zone. On the other hand, the $2.13 – $2.17 price zone has acted as an efficient support range with equal strength, creating a tight consolidation zone that could explode in either direction.

Martinez explains that a breakout above $2.33 could spark a fresh wave of bullish interest potentially pushing XRP toward the next major resistance around $2.60, a price level last seen in May. In the presence of an overwhelming buying pressure, market bulls may extend their rally toward higher resistance zones around $2.70 and even $2.84.

Alternatively, a failure to reclaim $2.33 would force XRP to remain within its present consolidation range. On the the downside, a sharp price dip below $2.13 would expose the altcoin to lower support zones around $2.03 and $1.94, thereby invalidating the current bullish setup.

While the bearish scenario is valid, its worth noting the technical setup favours a bullish outcome considering a recent recovery from the June 23 low, which saw the altcoin briefly dip to around $1.92 before staging a quick rebound above $2.21. In addition, an ensuing price dip below $2.13 was followed by another swift price bounce to $2.32.

XRP Market Overview

In other developments, the XRP Ledger has recently registered a record 1.6 million transactions in 24 hours indicating a high volume of interest and network engagement. However, crypto analyst with X username Ripple Van Winkle highlights the need for equivalent rise in trading volume to induce significant positive price changes.

At press time, XRP continues to trades at $2.21 reflecting a 0.21% decline in the past day. However, the asset’s daily trading volume is valued at $1.17 billion following a 43.16% devaluation. With a market cap of $131.04 billion, XRP ranks as the fourth largest cryptocurrency and a strong investors’ favorite for long-term portfolio addition.

Стратегия увеличения капитализации компаний за счет создания биткоин-резервов может оказаться не такой долговечной, как многие предполагают, считает аналитик платформы Glassnode Джеймс Чек (James Check).

Bitcoin is currently consolidating just below its $112,000 all-time high, with bulls firmly defending the $108,000 level as short-term support. This narrow range has created a tense but bullish environment as traders and investors await a decisive move that could shape the market’s direction in the months ahead.

Top analyst Darkfost highlights a notable trend: outflows continue to dominate, reinforcing long-term investor confidence. This pattern suggests that rather than exiting the market, seasoned holders are moving BTC off exchanges, typically a sign of reduced selling pressure and strong conviction.

It’s not difficult to see why confidence is building. Bitcoin adoption is steadily growing among major corporations and government institutions alike. The digital asset is no longer seen purely as a speculative tool but is increasingly being positioned as a long-term store of value. From corporate treasury strategies to nation-state interest, Bitcoin is gradually becoming embedded in broader financial infrastructure.

Bitcoin Range-Bound As Long-Term Confidence Builds

Bitcoin is currently trading within a tight range between $103,000 and $110,000. This range has persisted for several weeks, creating a buildup in momentum that suggests a breakout is imminent. A decisive move above $110K could push Bitcoin into price discovery, while a breakdown below $103K would likely trigger an accelerated downside. For now, the market remains in wait-and-see mode.

Macroeconomic uncertainty is beginning to ease, with more clarity emerging around interest rate policy and global growth expectations. Many analysts believe that a new bullish phase could unfold in the coming months. Still, risks remain. US Treasury yields are climbing once again, and inflation continues to show signs of persistence—two variables that could dampen market sentiment if they worsen.

Despite these headwinds, long-term investor confidence appears strong. Darkfost notes that outflows are once again dominating the market. The monthly outflow/inflow ratio has fallen to 0.9, a level not seen since the depths of the 2023 bear market. A ratio below 1 typically signals sustained demand on the spot market, as coins are being withdrawn from exchanges rather than prepared for sale.

This behavior reflects growing conviction among long-term holders. Bitcoin is increasingly being embraced by corporations and even governments as a strategic reserve asset. It is gradually evolving into a modern-day store of value, used to bolster treasury allocations and reduce exposure to fiat currency risks.

As outflows continue and adoption grows, Bitcoin’s long-term fundamentals remain intact. The current range may only be a pause before the next major move—one that could define the trajectory of the market heading into Q3 and beyond.

BTC Consolidates Below Resistance

The 3-day Bitcoin chart shows continued consolidation just below the $109,300 resistance level, with support holding firm near $103,600. This range has defined recent price action, and the low volatility hints at an impending breakout. Notably, BTC remains well above its key moving averages—the 50 SMA at $95,655, the 100 SMA at $90,529, and the 200 SMA at $73,817—suggesting the bullish trend remains intact on the higher timeframe.

Despite repeated tests, buyers have yet to break above $109,300 with conviction. However, the series of higher lows since mid-April indicates consistent bullish pressure building beneath resistance. A breakout above the $112K all-time high would mark a major technical shift and push BTC into price discovery, with upside momentum likely accelerating rapidly.

Volume remains relatively low, indicating market participants are waiting for a catalyst to confirm direction. Until then, traders are likely watching for another retest of the lower boundary of the range or a decisive move above resistance. As long as BTC maintains its current structure and key support holds, bulls remain in control. A close above the resistance zone would set the stage for the next leg up in this bullish cycle.

Featured image from Dall-E, chart from TradingView

Основатель и генеральный директор криптобиржи OKX Стар Сюй (Star Xu) объяснил блокировку аккаунтов пользователей «ложными срабатываниями» системы контроля.

Bitcoin’s price has held steady around $108,100 as of Saturday afternoon after big holders shipped out a massive load of coins.

Based on reports, whales—those early adopters and big miners—sold over 500,000 BTC in the past 12 months. At today’s rates, that stash is worth north of $50 billion. Institutions grabbed almost every coin they let go. It’s a huge shift in who really owns Bitcoin.

Whales Pass The Torch

According to Bloomberg’s review of 10x Research data, wallets holding between 1,000–10,000 BTC saw their balances slip from over 4.5 million coins in January 2023 to about 4.47 million in July 2025.

At the same time, addresses with 100–1,000 BTC jumped from nearly 4 million to 4.77 million. That shift shows big players trimming back while medium‑size holders, often funds or wealthy clients, build their stacks. It’s happening quietly through in‑kind transfers and private deals that skip public exchanges.

Institutions Ramp Up Their Stakes

Funds, ETFs and corporate treasuries have scooped up almost every coin dropped by whales. Data from Bitcoin Treasuries shows private companies boosted their holdings from 279,374 BTC in July 2024 to 290,883 BTC today.

Public firms climbed from 325,400 BTC to 848,600 BTC. ETFs led the charge, raising their balance from 1,039,000 BTC to 1,405,480 BTC. In total, these groups added 899,198 BTC—about $96 billion—over the past year. That buying power has helped keep the market in balance as whales step back.

Shift In On-Chain Holdings

Medium-sized wallets are growing while the largest ones shrink. That trend suggests new types of investors are moving in.

Edward Chin, co‑founder of Parataxis Capital, said in‑kind transfers let coins move from anonymous holders to regulated firms without public trades. This quiet pipeline boosts on‑chain activity and brings more oversight to big Bitcoin trades.

Volatility Hits Two-Year Low

As institutional flows rise, price swings have dulled. The Deribit 30‑day volatility gauge sits at its lowest level in two years. Jeff Dorman, CIO at Arca, compared today’s Bitcoin to a steady dividend payer that might deliver annual gains in the 10–20% range.

That’s a far cry from the 1,400% surge seen in 2017. For long‑term savers, steadier returns look more attractive than wild rallies.

Meanwhile, Fred Thiel, CEO of miner MARA Holdings, said his company still holds every coin it mines. But he warned that if whale selling picks up again and institutional appetite fades, prices could lurch lower.

Featured image from Meta, chart from TradingView

The Ethereum (ETH) market registered a modest 4.1% gain in the past week amidst a general price rebound in the broader crypto market. However, the prominent altcoin and second largest cryptocurrency continues to trade $2,600 which has acted as an efficient price barrier over the past month. Interestingly, recent technical data shows Ethereum is still likely to experience significant price growth in the current market cycle, despite its ongoing price struggles.

2.25 MVRV Emerges As Critical Exit Point For Ethereum Investors – Analyst

In an X post on July 4, popular market analyst Burak Kesmeci shares an interesting insight on the Ethereum market. Using data from Tradingview, Kesmeci observes ETH has held an MVRV value between 1.20-1.25, indicating a strong market uncertainty despite investors retaining a modest profit. As the name suggests, the MVRV (Market Value to Realized Value) ratio compares an asset’s current market value (MV) to its realized value (RV), which reflects the average price at which the asset was last moved on-chain. It is a key indicator used to assess whether an asset is overvalued or undervalued. An MVRV >1 indicates that investors are in profit, holding unrealized gains indicating significant potential for profit taking, while an MVRV <1 suggests investors are at a loss presenting a good time for accumulation as the asset is undervalued.

As earlier stated, the present MVRV levels between 1.20-1.25 signals Ethereum investors are presently profitable. However, Burak Kesmeci states 2.25 has emerged as a crucial psychological and technical level in the current cycle. The analyst explains that it was precisely at this point that many investors opted to lock in profits during the major price upswing in Q4 2024, effectively ending Ethereum’s rally at the time. While Kesmeci states it is unknown if Ethereum’s MVRV will return to such levels, the current standings indicate the altcoin is far from its peak price levels of the current market cycle, indicating the present price uptrend still presents room for growth before entering an overheated market phase.

ETH Price Overview

At press time, Ethereum trades at $2,520 on the daily chart reflecting a price loss of 1.35%. Meanwhile, the asset’s trading volume is down by 9.8% and valued at $16.29 billion. According to data from CoinCodex, the general Ethereum market sentiment remains neutral but with a Fear & Greed index of 73 indicating strong levels of greed. CoinCodex analysts forecast that Ethereum could trade around $2,737 within the next month, with a potential climb back to local peak levels near $4,099 over the next three months, suggesting a bullish mid-term outlook despite the current cautious sentiment.

Ethereum’s price performance over the past 48 hours has been relatively subdued, suggesting that the altcoin’s recent rally may be cooling. Over the past 24 hours, Ethereum has dipped by just over 1%, with Binance showing a 1.22% decline and CoinGecko reporting a slightly steeper 1.81% drop. 

Intraday trading activity has been confined to a narrow band between $2,478 and $2,555, according to data from CoinGecko. However, beneath the surface, a different narrative is unfolding with steady inflows into Ethereum-based Spot ETFs.

Strong Inflows Into Spot Ethereum ETFs

According to updated data from on-chain analytics platform Lookonchain, US-based Ethereum ETFs recorded a net inflow of 36,439 ETH on July 4, valued at approximately $92.19 million. This builds on a solid showing the day prior on July 3, when daily net inflows into the ETFs totaled $148.57 million.

Spot Ethereum ETFs were on a roll of inflows in the just concluded week, with the latest Friday inflow making up four days of inflows out of five. The only day of outflow was on Wednesday, July 2, when the ETFs witnessed a negative netflow of $1.82 million. 

The lion’s share of Friday’s inflows came from the iShares (BlackRock) Ethereum Trust, which added 32,987 ETH, equivalent to $83.46 million in value. The fund now holds a substantial 1.81 million ETH, worth over $4.57 billion. Despite the relatively flat market price, this continued accumulation shows the current state of institutional confidence in Ethereum.

Grayscale’s Ethereum Mini Trust also added 3,105 ETH on the day, even as its larger sibling, the Grayscale Ethereum Trust (ETHE), recorded minor outflows of 77 ETH. Meanwhile, other players such as VanEck, Bitwise, and Fidelity have maintained positive inflow momentum across the week. Over a seven-day period, the total net inflow across all listed Ethereum ETFs stands at 76,892 ETH, equivalent to roughly $194.54 million.

Ethereum Price Stalls After Last Week’s Momentum

Technically, Ethereum is starting to move into a consolidation pattern with its price action in the past 48 hours. It’s hovering above support at $2,400 but below resistance in the $2,600 range. Over the past seven days, Ethereum has mostly moved in a tight range between $2,400 and $2,630, ending the week with a gain of roughly 4%. At the time of writing, Ethereum is up by 4.1% in the past seven days, according to data from CoinGecko. This outpaces Bitcoin’s 0.7% gain in the same timeframe.

Interestingly, Ethereum price action is forming what looks like a wedge pattern, according to technical analysis of the 4-hour candlestick timeframe chart. This analysis places emphasis on the resistance at $2,600, which could open up a rejection to another support level at $2,200. Many analysts are eyeing breakouts above $2,600 and $2,800 for a possible rally to $4,000, while a drop below $2,200 could trigger a pullback to the $1,750 area. 

At the time of writing, Ethereum is trading at $2,515, down 1.3% in the past 24 hours.

Featured image from Unsplash, chart from TradingView

Bitcoin is flashing warning signs as its Relative Strength Index (RSI) shows a familiar bearish divergence pattern, the 2020 halving. This classic setup often precedes a period of correction or consolidation, urging traders to stay alert. 

Momentum Weakens Despite Higher Highs: RSI Signals Caution

Crypto analyst TrendPro revealed that Bitcoin is currently exhibiting a bearish RSI divergence, a setup reminiscent of the post-halving structure seen in 2020. According to the analyst, while price action continues to print higher highs, the RSI is forming lower highs, indicating weakening momentum beneath the surface. This classic divergence is often viewed as a sign that bullish strength is beginning to wane.

TrendPro emphasized that this type of setup has historically led to either a healthy correction or a period of sideways consolidation. Drawing parallels with the 2020 halving cycle, the analyst noted that such phases often serve as cooling-off periods before the next significant leg higher. 

Looking at the liquidation heatmap data from Coinglass, TrendPro pointed out a large cluster of short liquidations positioned between $110,000 and $120,000. The analyst explained that if Bitcoin manages to break above the $110,000 threshold, it could see a rapid price surge toward $119,000–$122,000, driven by forced short covering and a cascade of liquidations in that zone.

On the downside, TrendPro also warned of significant long liquidations building around the $94,000–$96,000 range. A drop into this area could trigger a liquidity sweep, shaking out overleveraged long positions. According to TrendPro, this kind of flush often resets market conditions and could provide a stronger foundation for the next move upward once weaker hands are cleared out.

Shakeout Or Breakout? Bitcoin At A Crossroads

TrendPro went further to ask: “Do we need a shock before higher?” The answer? “Not necessarily.” However, TrendPro pointed out that many bull markets have had a shakeout phase, suggesting that a temporary correction could be a healthy part of the cycle. If BTC holds above $106,000 and breaks $110,000, the analyst noted that a short squeeze to $120,000+ is possible.

However, if BTC can’t break higher, a pullback to $95,000 to reset leverage and RSI would be healthy. This kind of move would clear out over-leveraged positions and help rebuild momentum, without breaking the long-term trend. The idea is not bearish — it’s a potential setup for a stronger base.

In summary, TrendPro advised watching the $110,000–$112,000 breakout zone as a move above this level could trigger a short squeeze. If the price drops, $94,000–$96,000 is the key support zone for a bullish reset. Despite short-term fluctuations, the long-term bull trend still looks intact.

A crypto analyst who previously forecasted a massive 600% XRP price surge in 2024 is once again drawing attention with a new technical analysis of the cryptocurrency. This time, the market expert says that XRP is getting ready for its next parabolic leg up. 

XRP Price Setup Signals Violent Upswing

The latest XRP price analysis by market expert Crypto Michael indicates that the top altcoin has just concluded a significant period of consolidation and could be poised for an extremely explosive upward move. In his X post, the analyst shared a supporting chart, capturing XRP’s price action from 2017 to 2026, based on a long-term quarterly candlestick view. 

Over these years, XRP formed a large symmetrical triangle through a convergence of trendlines, illustrating a prolonged phase of price compression and market indecision. This chart pattern, extending from a peak in 2018 through to mid-2024, culminated in a decisive breakout in 2025. 

With Crypto Michael now considering XRP’s prolonged consolidation complete, technical indicators show a shift into a buildup phase ahead of the next major leg up. The analysis also highlights that this consolidation was necessary to accumulate buying pressure and position XRP for a shift out of its downtrend.

Moving forward, the XRP price chart shows that the analyst expects a breakout from the symmetrical triangle soon. Once the cryptocurrency crosses the upper boundary of the triangle, a sustained move above key resistance levels could serve as a strong bullish signal.

While the analyst has not explicitly outlined the exact target for his optimistic projection, the trajectory of his chart highlights that the XRP price, currently sitting at $2.22, is set to move upward. 

Analyst Sets Next XRP ATH Target Above $80

In other news, crypto analyst CW has dropped another incredibly bold forecast for the XRP price. The market expert presented a compelling multi-cycle chart, suggesting that XRP is in the final stages of a long-term consolidation and is now gathering momentum for a massive breakout. 

According to CW’s chart analysis, XRP has been in a six-month accumulation period, similar to patterns seen in previous markets. This steady accumulation phase appears to be forming a converging triangle, which historically is a precursor to major upward moves.

Now at the cusp of a breakout, especially after testing the previous ATH region, the analyst suggests that XRP is finally stabilizing, interpreting this calm as a steady energy build-up for the next surge. If historical patterns hold, a surge beyond ATH prices could ignite a vertical rally.

The chart identifies the first target at the previous ATH level above $3.8, followed by a second target around $21.5. The final target, representing phase 5 of the analysis, points to a parabolic surge beyond $80.

Featured image from Pexels, chart from TradingView

A crypto analyst stated that Bitcoin is pressing against key resistance near its all-time high, signaling that a breakout into price discovery territory could be just around the corner. A weekly close above the level could trigger a fresh wave of upside, pushing BTC into uncharted ground where new highs are inevitable.

Bitcoin Is One Candle Away From Price Discovery

In an X post on July 4, CrypFlow stated that Bitcoin is showing impressive resilience and technical precision on the chart. After finding footing at the S1 support, BTC delivered a sharp bounce and successfully reclaimed the R/S flip zone around $104,400, a level that has now become a battleground for momentum.

However, BTC ran into stiff resistance at around $109,000 level, which happens to mark the previous highest weekly close. The rejection was a clean technical retest of the $104,400 R/S flip zone, which is now new support, a textbook bullish sign.

BTC is now pressing against its final resistance. If bulls can push through the $109,000 level with volume, it would clear the path for true price discovery, where historical resistance no longer exists and the upside becomes wide open.

Another analyst, Trade4ddict, also shared that Bitcoin is shaping up for another bullish opportunity, with the 1-hour chart printing a long setup. After dipping into the $108,500 liquidity zone, BTC quickly reversed, trapping late shorts and confirming a morning star pattern, and a bullish reversal signal.

This shift in structure suggests that bulls are reasserting control, with support reclaimed and momentum turning upward. Trade4ddict expects BTC to revisit the local top at $110,500 and possibly break above it.

If BTC breaks out successfully, it could open the door for a continued move toward a new all-time high region at $112,000. The structure is clean, momentum is resetting, and the market looks primed for a renewed push higher.

Will The Inverted Head-And-Shoulders Fuel The Breakout?

Abdul Basit Flow 3 Solix also took to X on July 4th to highlight that Bitcoin is showing signs of an explosive move as it retests a key local level on the 4-hour chart. After previously breaking through the $108,600 mirror level, BTC is now revisiting that zone from above, a retest that could confirm new support.

The mirror level, which has acted as resistance, is being tested for strength, and the price is holding above it, suggesting bulls are defending this level with conviction. A bullish compression structure shaped as an inverted head-and-shoulders pattern is the formation that makes the retest more compelling. This formation often precedes a strong breakout, when backed by higher lows and tightening price action.

In a stunning development, 80,000 Bitcoin (BTC), valued at over $8.6 billion, have been moved into new wallets setting a wave of speculations across the crypto market. Contributing to this discourse, Conor Grogan, Head of Product at Coinbase has stated there is significant possibility that this series of recent whale transactions could be an actual crypto heist.

Did The Largest Bitcoin Theft Just Unfold In Silence?

In an X post on July 4, prominent analytics firm Arkham Intelligence firm reports that a single entity has now transferred 80,000 BTC in equal portions into eight new wallets. On-chain data reveals that these Bitcoin holdings were originally deposited into their previous wallets on April 2 and May 4, 2011, suggesting over 14 years of complete dormancy.

As with other major whale transactions, the recent activation of these long-held BTC have alerted market traders and investors alike especially amidst the present BTC price struggles. Although, the fact that these transfers did not involve exchange-affiliated wallets has helped ease concerns of an imminent market sell-off.

However, Conor Grogan has warned these sudden Bitcoin transfers might have been the largest crypto heist in history. In explaining this theory, the Coinbase executive draws attention to a small Bitcoin Cash (BCH) transaction from one of the corresponding wallet clusters approximately 14 hours prior to the massive Bitcoin movements.

 

The transaction which is a test-like output of 10,000 BCH valued at roughly $4.9 million was traced on the Bitcoin Cash blockchain. Grogan explains the fact that other BCH wallets remained dormant suggest that this particular BCH transfer might have been hackers testing the private key as BCH transactions are now usually tracked by whale monitoring services. Another concern highlighted by the Coinbase executive is the transfers were not automated or exchange-related, but rather appeared to be manual transactions, thereby increasing suspicions of compromised private keys. Nevertheless, Grogan retains the position that this theory represents “extreme speculation” suggesting the transactions may have indeed been initiated by the wallet’s rightful owner. Notably, several crypto analysts and enthusiasts have pushed back against Grogan’s narrative, describing the recent 8,000 BTC transfer as a “handshake transaction” rather than a hack. In particular an analyst with X username binji pointed out that the slow and deliberate pace of the transactions seemed inconsistent with the behavior typically observed in hacks, especially if they were executed by a single entity.

Bitcoin Price Overview

At the time of writing, Bitcoin exchanges hands at $108,150 following a 1.06% decline in the past day. However, the leading cryptocurrency maintains a positive performance on larger time frames as evidenced by gains of 0.98% and 2.78% on the weekly and monthly chart respectively.

Crypto researcher Julien Bittel has revealed that the Bitcoin cycle top has yet to happen, providing a bullish outlook for the flagship crypto. Instead, BTC just looks set to enter its most parabolic phase, eyeing new highs. 

Bitcoin Cycle Top Metric Yet To Be Triggered 

In an X post, Bittel alluded to the ‘GMI Bitcoin Cycle Top Finder’ to prove that this cycle is far from over. He noted that the indicator has correctly spotted four top signals in Bitcoin’s history, and they each corresponded to a top for the flagship crypto. However, this time around, the indicator shows that BTC is nowhere near a cycle top. 

His accompanying chart also suggested that Bitcoin still has a long way to go in this cycle before it reaches a cycle top. This is bullish for the flagship crypto as it indicates that it still has more than enough upside to break through its current all-time high (ATH) of $111,900. It is worth mentioning that Bittel’s post was in response to crypto analyst TechDev, who also confirmed that the cycle isn’t over. 

In an X post, TechDev revealed that a launch signal, not a top signal, has appeared for Bitcoin. He noted that there have been launch signals in BTC’s history, and each of them sent the flagship crypto on a parabolic run. This launch signal has again triggered, with a massive rally potentially on the horizon for the BTC price. 

Crypto analyst Rekt Capital also recently confirmed that the Bitcoin cycle top isn’t yet in. However, he warned that another bear market will happen at some point. He stated that people think BTC will never see another bear market because it is now mainstream and too mature an asset. He added that this bear market will likely occur again after this bull market. 

BTC to Still Reach $200k This Year

Asset manager Bitwise has maintained that the Bitcoin price can still reach $200,000 this year. They stated that they are holding firm to this prediction, as there is simply too much institutional demand for BTC to keep prices flat for long. This demand has occurred through the Bitcoin ETFs, which continue to record massive inflows. At the same time, several companies are adopting Strategy’s playbook of creating a BTC treasury. 

Standard Chartered has also predicted that the Bitcoin price can reach $200,000 by year-end. The bank believes that ETF inflows and corporate demand for BTC will spark the rally to this target. They also alluded to Powell’s potential early exit and the passing of the stablecoin bill as other factors that could serve as catalysts for this rally. 

At the time of writing, the Bitcoin price is trading at around $108,265, down in the last 24 hours, according to data from CoinMarketCap.

The Bitcoin price witnessed another week of indecisive action, bubbling between the consolidation range of $105,000 and $110,000. The premier cryptocurrency briefly broke above the $110,000 mark on Thursday, July 3, but failed to hold above the psychologically relevant threshold on the day.

Despite the price resilience of Bitcoin, the market inactivity of a certain class of investors known as retail investors has persisted over the past few weeks. According to the latest on-chain data, the absence of this investor cohort is leading to a rare phenomenon on the Bitcoin network.

What Does An Almost Empty Mempool Mean?

In a July 4 post on the X platform, Alphractal CEO and Founder Joao Wedson revealed that the Bitcoin network is currently witnessing a period of low activity. This trend of minimal blockchain activity has led to an uncommon phenomenon where the Mempool is almost empty.

For context, the mempool refers to a temporary storage area where pending BTC transactions wait to be confirmed. The mempool is typically congested during periods of elevated on-chain demand and network activity, as several transactions await processing.

However, recent on-chain data from Alphractal shows that most transactions have been confirmed, leaving the mempool almost empty. The relevant on-chain metric here is the Bitcoin Mempool Transactions, which looks at the number of BTC transactions in the mempool at a given time.

According to Joao Wedson, this occurrence is a clear sign that retail investors have stayed out of the market over the past few months — as the almost nonexistent backlog reflects reduced demand for the Bitcoin network. Hence, a future increase in the mempool transactions could mean a return of retail demand to the market.

Impact On Bitcoin Price

Typically, low transaction activity and an almost empty mempool are not a good sign for the price of BTC, as it reflects low demand from retail investors. However, there is no denying the shift in the market since the launch of the spot BTC exchange-traded funds (ETF)

As Bitcoinist reported earlier, the Bitcoin price has managed to remain steady despite the low retail demand, thanks to institutional players and spot ETF investors. The BTC exchange-traded funds, for instance, look set for their fourth consecutive week of positive capital inflows.

As of this writing, the price of BTC stands at around $107,700, reflecting an almost 2% decline in the past 24 hours. According to data from CoinGecko, the flagship cryptocurrency is up by almost 5% in the past two weeks.

Bitcoin enters the weekend in an uncertain position, struggling to break above its all-time high of $112,000, while altcoins face increasing pressure and retrace to lower levels. After a week of volatility, BTC failed to close Friday above the key resistance, casting doubt on immediate bullish continuation. However, analysts remain cautiously optimistic as price action still holds above major support, and a strong weekly close could shift sentiment decisively.

Top analyst Daan highlighted that since the market’s recovery two weeks ago, we’ve seen a consistent Coinbase premium—a bullish signal often linked to spot buying pressure from US-based investors. This premium had previously traded down amid heightened uncertainty surrounding Middle Eastern geopolitical tensions but has since rebounded, reflecting improved market confidence.

Now, traders are closely watching the weekend price action to determine whether Bitcoin can reclaim $112K and enter price discovery, or if another rejection will send it into a deeper consolidation phase. With key macro narratives easing and on-chain signals improving, the weekend could provide a critical clue about Bitcoin’s short-term trajectory—and whether altcoins can follow with renewed strength.

Bitcoin Range Tightens As Market Awaits Breakout Signal

Bitcoin is preparing for a decisive move, one that could trigger renewed bullish momentum across the crypto market, particularly for altcoins. For the past several days, BTC has been consolidating in a well-defined range between $103,000 and $110,000. A clear breakout above this resistance or breakdown below support is expected to spark a swift move, as traders await confirmation of the next directional trend.

The broader macroeconomic environment has become more favorable. With uncertainty from global geopolitical tensions subsiding and US fiscal policies gaining clarity, the stage appears set for Bitcoin to enter a bullish phase over the coming months. However, risks still linger. US Treasury Yields are rising again, and inflation has not stabilized, factors that could inject volatility and hesitation into risk markets.

Daan pointed out a consistent Coinbase premium since the recovery began two weeks ago—a bullish indicator suggesting persistent spot demand, particularly from US-based buyers. This premium had weakened during the wave of Middle Eastern concerns, but it has since rebounded and held steady. Daan adds that this is supported by strong ETF inflows, a sign of institutional confidence.

Still, caution is warranted. If Bitcoin stalls while ETF inflows remain high, that could mark a local top, as seen in previous cycles. For now, as long as price continues to follow the strength of inflows and maintains support above $103K, the bulls remain in control. A break above $110K could open the gates to new all-time highs, while a loss of support could lead to a sharp correction and delay broader recovery across the crypto landscape.

BTC Daily Chart Analysis: Eyes On $112K Breakout

Bitcoin continues to trade within a key range between $103,600 and $109,300, consolidating just below its all-time high near $112,000. As shown on the daily chart, BTC has held above the 50-day simple moving average (SMA), which currently sits at $106,469, acting as dynamic support during recent pullbacks. This indicates ongoing strength in the trend, despite short-term volatility.

The chart also reveals that price has tested the $109,300 resistance level multiple times since March, but without a decisive breakout. Volume during these retests has been relatively muted, suggesting that bulls may be waiting for stronger confirmation before committing to a sustained breakout move. On the downside, $103,600 remains a crucial support level, historically providing a springboard for rebounds throughout the last two months.

The 100-day and 200-day SMAs at $98,544 and $96,364, respectively, are still trending upward, reinforcing the long-term bullish structure. If Bitcoin can decisively close above $109,300 on strong volume, price discovery could quickly follow, with $120,000 and beyond as potential targets. However, failure to hold current levels may open the door for a retest of $100K or lower, making this range-bound phase critical for the market’s next direction.

Featured image from Dall-E, chart from TradingView

The Bitcoin price failed to stay above the $110,000 level on Friday, July 4, despite the positive jobs data in the United States. The flagship cryptocurrency has returned to around the $107,000 level, mirroring the current indecisive state of the broader crypto market.

While the Bitcoin price has been moving largely within a range in the past few weeks, it has enjoyed enough bullish support to stay in touching distance of its record high of $111,814. Below is how $105,000 might be the next critical support for the market leader.

Analyst Explains Why $105,000 Might Be A Crucial Support

Prominent on-chain analyst Burak Kesmeci took to the social media platform X to share his latest evaluation of the Bitcoin price. According to the online crypto pundit, the price of BTC is more likely to witness upward momentum so long as it stays above the $105,799 crucial support over the next few weeks.

This prediction is based on Realized Price UTXO Age Bands, which estimates the average price at which Bitcoin holders purchased their BTC relative to the duration they’ve held their coins. Specifically, Kesmeci highlighted the 1-week to 1-month age band (green line) as the one to watch.

Considering its short duration, this age band offers insight into “short-term holders’ behavior and, potentially, the overall market sentiment. As shown in the chart above, this age band served as a significant support cushion for the flagship cryptocurrency as recently as June 1, 2025.

As of the time of publishing the post on X, the 1-week to 1-month age band was around the $105,799 region, meaning that the price of BTC could rely on this level for support. 

The rationale behind this prognosis is that STH, with their cost basis around $105,799, are likely to defend their positions by purchasing more coins when Bitcoin price returns to this level, leading to the formation of a support cushion and keeping the price afloat.

Kesmeci noted that investors can expect to see further positive price movement so long as Bitcoin stays above the $105,799 support level.

Bitcoin Price At A Glance

As of this writing, the price of BTC sits just above $108,100, reflecting an over 1% decline in the past 24 hours. Despite reaching a seven-day high of $110,300 and a low of around $105,430, the premier cryptocurrency is now back around where it started the week. According to data from CoinGecko, the Bitcoin price is up by a mere 1% on the weekly timeframe.

Bitcoin has experienced a volatile week, consolidating just below its $112,000 all-time high while bears repeatedly fail to break the key $105,000 support level. This price resilience comes as major macroeconomic developments fuel optimism across global markets. The US Congress passed President Donald Trump’s highly anticipated “big, beautiful” bill ahead of the July 4 deadline, and stronger-than-expected job report data added to the bullish sentiment. These events have helped stabilize risk appetite, providing a favorable backdrop for Bitcoin’s next move.

Meanwhile, the derivatives market continues to expand rapidly. According to new data from CryptoQuant, since the launch of Bitcoin futures on Binance in September 2019, the platform has recorded over $650 trillion in cumulative BTC futures volume. In contrast, spot volume during the same period reached only $168 trillion—highlighting the growing dominance of leveraged trading and short-term speculation in shaping price action.

As Bitcoin consolidates in this critical range, the interplay between macroeconomic catalysts and futures market dynamics will likely determine whether the next leg is a breakout into price discovery or a deeper retracement. For now, Bitcoin remains on solid footing, and market participants are watching closely for confirmation of trend direction.

Bitcoin Approaches Price Discovery As Futures Volume Surges

Bitcoin is on the verge of entering price discovery as bulls maintain control above the key $107,000 support. After a volatile consolidation phase, the market is heating up again with macroeconomic uncertainty fading. Bitcoin has gained 47% since its April lows and now trades less than 2% below its all-time high of $112,000. The coming days are expected to be decisive, as a confirmed breakout above this level would signal a fresh bullish expansion, while a drop below key support could trigger short-term downside.

Top analyst Darkfost shared striking data revealing how the structure of the Bitcoin market has evolved. Since the launch of BTC futures on Binance in September 2019, the platform has accumulated more than $650 trillion in cumulative futures volume for Bitcoin alone. In comparison, spot volume during the same period reached $168 trillion, four times lower.

This disparity marks a paradigm shift in market behavior. While spot volumes typically reflect long-term investor conviction, the rising dominance of futures trading illustrates the growing influence of speculative and leveraged activity in shaping price action.

During this cycle, daily BTC futures volume on Binance has exceeded $75 billion on multiple occasions—an unprecedented threshold since the exchange first introduced BTC futures. As Bitcoin approaches a new potential high, the interaction between futures-driven momentum and broader market sentiment will play a pivotal role in determining the sustainability of the next move. Whether it’s a push into uncharted territory or another round of consolidation, the structure of today’s market makes clear that derivatives are now leading the charge.

BTC Price Analysis: $109K Resistance Remains The Key Hurdle

Bitcoin (BTC) continues to consolidate just below its all-time high, with the 12-hour chart showing a clear rejection from the $109,300 resistance zone. Price action remains compressed between $109K and the $106,000–$106,300 support cluster, which aligns with the 50 and 100 simple moving averages (SMAs). This structure suggests the market is in a state of preparation for a larger move.

Volume has decreased slightly, reflecting market indecision, while price remains above the 200 SMA—a bullish sign for the medium-term trend. Bitcoin’s higher low structure since mid-June remains intact, supporting a bullish bias as long as the $106K area holds. A decisive breakout above $109,300 could trigger a rally toward price discovery above the $112K all-time high, but until then, the sideways movement signals caution.

A breakdown below the $106K support could open the path to retesting $103,600, the last major demand zone. However, bulls continue to defend key moving averages, reinforcing current momentum. As the market awaits confirmation, traders are watching volume spikes and structural breaks for the next leg. With macro conditions improving and sentiment leaning bullish, Bitcoin’s next move could define July’s trend.

Featured image from Dall-E, chart from TradingView

Bitcoin and Ethereum markets saw reduced implied volatility throughout June, despite geopolitical events that briefly rattled prices.

Traders on Derive.xyz, an on-chain options platform, are now adjusting their strategies for a potentially volatile July, following what analysts describe as a period of “muted response” to high-stakes global risks.

According to a report by Derive’s head of research, Sean Dawson, data shows traders had already priced in the likelihood that last month’s Middle East conflict would not escalate, even as markets reacted briefly to rising tensions.

Bitcoin temporarily slipped below $100,000 twice during the height of the military escalations on June 13 and June 22 but quickly rebounded to levels above $107,000 after a ceasefire agreement was reached. Ethereum followed a similar path, fluctuating between $2,600 and a brief drop to $2,200 before stabilizing.

Despite these movements, implied volatility for both assets declined, with Bitcoin’s 30-day implied volatility falling from 44% to 36%, and Ethereum’s from 68% to 60%. Dawson noted that the data indicates traders were betting on a limited fallout scenario, which ultimately came to pass.

Positioning Reflects Expectations of Larger Moves Ahead

Looking forward, Derive’s options market activity suggests that traders are preparing for more pronounced price action in July, particularly for Ethereum.

Open interest on Derive shows a wide range of call and put positions around the $130,000 and $90,000 marks for Bitcoin, indicating that traders are split between anticipating an upside breakout and preparing for a potential price pullback.

According to Derive’s probability modeling, there’s only a 10% chance that BTC will reach above $130,000 by the end of August. However, the positioning reflects that market participants are not ruling out a sharp move in either direction.

The broader macroeconomic environment is also playing a role. A stronger-than-expected US labor market report released Thursday showed unemployment falling to 4.1%, beating expectations.

This reduced hopes for an imminent Federal Reserve rate cut, as evidenced by the CME FedWatch tool, which now shows a 95% chance of rates remaining unchanged in the upcoming Federal Open Market Committee (FOMC) meeting.

With inflation and interest rates continuing to influence investor sentiment, these developments are likely contributing to the cautious but watchful positioning seen in crypto options markets.

Ethereum Sentiment Leans Bullish Amid Fundamental Catalysts

While both assets are seeing cautious setups, Ethereum’s options market reveals a more bullish shift. According to Derive data, nearly 80% of July call open interest for ETH is situated above the $3,000 mark, with close to 30% placed at strikes beyond $3,500.

Dawson attributes this bias to Ethereum’s growing narrative strength, particularly with Robinhood’s announcement of launching tokenized stocks and a Layer 2 solution built on Arbitrum. These developments, he argues, support Ethereum’s utility case and may encourage capital rotation into ETH over the coming weeks.

Dawson wrote

Traders are betting on a big July. With volatility suppressed and positioning split, all eyes are now on the Fed, macro data, and further geopolitical developments. ETH has the stronger momentum narrative, but BTC’s options market is coiled for a decisive move.

Featured image created with DALL-E, Chart from TradingView

With the market on another come-up, the XRP price looks to be aiming for higher targets from here. While the altcoin has been unable to clear new all-time highs in the last seven years, the current trajectory suggests that this target may be around the corner. Presently, the XRP price is looking to test a major trendline, and if it is able to successfully break through, then high double-digit gains await the cryptocurrency.

XRP Price Testing New Trendline

A crypto analyst on the TradingView website has pointed out a major development on the XRP price chart that could lead to another surge. This time around, it is the test of a descending trendline which began last year and could be the defining factor from here.

The descending trendline, according to the analyst’s chart, begins from the January 2025 price surge that had put the price above $3.3 again. Since then, it has steadily descended as the XRP price has put in lower highs over the next five months. This has led to a culmination at the current level just above $2.2, where the bulls must now make their stand or risk losing control over the digital asset.

The crypto analyst explains that this level above $2.2 is the current resistance that had originated from the mid-January highs, and a breakout is important to show signs of buyers taking control. If bullish momentum is renewed as a result of a clean break above this resistance level, then the analyst believes that it could be a strong entry opportunity.

In the event of a successful break, the analyst sees the XRP price rising by over 70% from here. This would mean new all-time highs above its current $3.8 peak, as a 70% rise would put the price above $3.9. If the market remains on the bullish path, then this could happen in the next few months.

Ripple Developments Propel Price

In addition to the technical indicators pointing toward renewed bullishness for the XRP price, there have been other developments that continue to fuel optimism. The Ripple vs. Securities and Exchange Commission (SEC) legal battle is expected to come to an end as both parties move to withdraw their appeals.

Furthermore, Ripple recently made headlines after it filed for a United States National Banking license, in a bid to increase oversight for its RLUSD stablecoin. This move is in a bid to facilitate faster transaction settlements, which a charter license would allow the crypto firm to do, joining the likes of Circle in this bid.

The initial response to CEO Brad Garlinghouse announcing this move was a sharp 5% move by the XRP price. And the altcoin is expected to move even faster if this license is granted. Such developments would play a big role in getting the XRP price to new all-time highs.

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