Bitcoin Faces 30% Drop Risk Despite Weekend Rebound

Leading crypto analyst Capo warns that Bitcoin’s recent recovery may be short-lived, predicting another 30% decline despite the weekend rebound. The warning comes after last Friday’s historic $19 billion market liquidation triggered by Trump’s China tariff announcement. While Bitcoin has climbed back above $115,000, Capo maintains the flagship crypto remains far from the $60,000-$70,000 range needed for a complete market correction, suggesting significant downside potential remains.

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Bitcoin Holds $115K as Gold Hits Record Highs Before FOMC

Bitcoin is trading cautiously around $115,000 as markets await the Federal Open Market Committee’s decision. Meanwhile, gold has surged to unprecedented highs above $3,700, creating a fascinating dynamic between traditional and digital safe havens. Traders are positioning for potential volatility following the Fed’s announcement.

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$1B Crypto Wipeout: Bitcoin Shorts Hit Hard as Rally Looms

The crypto market saw over $1 billion in liquidations within 24 hours, with Bitcoin shorts losing $658 million and Ethereum shorts $250 million. Analysts suggest Bitcoin could rally to $130k-$168k, citing a potential breakout from a bull flag pattern. Ethereum, meanwhile, surged 6% to $2,970, with trading volumes spiking. Traders like Daan Crypto Trades called this a ‘massive short squeeze,’ while Michaël van de Poppe highlighted $109k as a key level for upward momentum. Despite a pullback to $117.7k, Bitcoin’s trading volume surged 88% to $115 billion. Long-term predictions vary, with some analysts forecasting Bitcoin at $250k and Ethereum at $4k-$10k.

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Bitcoin Volatility: Bulls Eye $112K Breakout

Bitcoin has shown significant volatility, fluctuating between $105,000 support and $109,000 resistance as traders await a decisive breakout. Analysts, including Jelle, note that BTC has repeatedly bounced from the 50-day and exponential moving averages, reinforcing bullish sentiment. A confirmed breakout above $112,000 could trigger a new expansion phase, benefiting both Bitcoin and altcoins. However, failure to surpass resistance may lead to a retest of lower support levels. The market remains cautiously optimistic, with technical indicators suggesting underlying strength in the current uptrend.

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Ethereum Volatility Amid Geopolitical Tensions

Ethereum (ETH) continues to trade within a volatile range of $2,400 to $2,800, facing resistance at the upper boundary while geopolitical tensions add uncertainty to the market. Bulls are defending key support levels, preventing a deeper breakdown, but a decisive breakout above $2,800 remains elusive. Analysts suggest that ETH is coiling for a major move, with a potential breakout possibly triggering an altcoin rally. However, failure to hold current levels could lead to a retest of lower support zones. Market sentiment remains cautious as traders await confirmation of Ethereum’s next directional move.

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Bitcoin’s Price Outlook Amid Israel-Iran Tensions

Bitcoin (BTC) has dipped 1.7% amid rising tensions between Israel and Iran, reflecting broader de-risking in risk-on assets. However, technical analysts remain optimistic, pointing to bullish patterns such as the ABCD formation, which could propel BTC to $137,000 if it breaks out. Other indicators, including a cup-and-handle pattern and the Hash Ribbons on-chain signal, suggest a potential rally. Despite short-term bearish pressure, long-term technical setups hint at a possible new all-time high. Meanwhile, on-chain data reveals shifting investor behavior, with long-term holders exiting and retail investors entering—a dynamic often seen in late bull cycles. BTC currently trades at $105,568.

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Solana Gains Momentum as Bulls Target $175 Breakout

Solana (SOL) is holding firm above $150, with bullish momentum building as Bitcoin and Ethereum lead the broader crypto market higher. Technical analysis by top analyst Jelle reveals a higher low formation—a key bullish signal—suggesting SOL could retest and break through resistance levels if current trends hold. The $150 zone now acts as short-term support, while a breakout above $175–$185 could trigger a move toward all-time highs. Trading volume is rising modestly, indicating growing buyer interest. However, failure to clear the 100-day SMA at $175.70 may result in a pullback to $155–$160. Market sentiment remains cautiously optimistic, with Solana’s technicals aligning for a potential breakout.

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Bitcoin Hash Ribbons Signal Buy as BTC Holds Steady

Bitcoin (BTC) remains range-bound in the mid-$100,000s, but the Hash Ribbons indicator—a measure of miner stress—has triggered a buy signal, historically marking strong long-term opportunities. Analysts note that while short-term pullbacks may occur, the signal suggests a bullish long-term outlook. Despite mixed predictions, including warnings of deeper corrections or even a crash, on-chain data points to a healthy market, with some experts forecasting BTC could surge to $250,000 by year-end. Currently, BTC trades at $105,367, up slightly over the past 24 hours.

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Ethereum Nears $3K: Bulls Eye Breakout Amid Resistance

Ethereum (ETH) has surged past $2,600, reigniting bullish sentiment as traders eye a decisive breakout above the $3,000 resistance level. Analysts suggest a short-term pullback may precede a sustained rally, with ETH consolidating below the 200-day SMA ($2,699.60). A confirmed breakout above $3,000 could trigger a broader altcoin rally, with targets extending toward $3,400. However, failure to break resistance may lead to a retest of the $2,450–$2,500 support zone. Market watchers, including analyst Jelle, emphasize that reclaiming $3,000 is crucial for Ethereum to lead an altseason. The next few trading sessions will be pivotal in determining ETH’s trajectory.

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Solana Tests Key Resistance Amid Bullish Consolidation

Solana (SOL) is consolidating below a key resistance level at $181 after an impressive 80% rally from its April lows. Analysts, including Jelle, highlight the importance of flipping this resistance into support to confirm a bullish continuation toward $200–$220. The broader market sentiment remains cautious due to Bitcoin’s position below all-time highs, but Solana’s resilience and bullish technical structure suggest potential for further gains. A breakout above $190 could signal a new wave of bullish momentum for SOL and altcoins. Key technical indicators, such as the 200-day SMA and stacked moving averages, support the bullish case, though volume and Bitcoin’s next move will be decisive.

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Ethereum Surges Past $2,500, Tests Key Resistance

Ethereum (ETH) has surged past the $2,500 mark following an 80% rally in less than a month, flipping market sentiment from bearish to bullish. After months of underperformance, ETH is now testing a key resistance zone between $2,600 and $2,800, a level that previously acted as a major rejection point. Analysts like Jelle note that while the breakout is impressive, ETH must consolidate above $2,500 to confirm a sustainable uptrend. The rally has reignited hopes for an altseason, with Ethereum leading the charge. However, short-term volatility is expected as the price faces supply pressure near historical resistance levels. A successful break above $2,800 could pave the way for a move toward $3,000.

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