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According to Satoshi Club , Bitcoin saw a dramatic 7% surge to $83,000 following Ukraine’s acceptance of a 30-day ceasefire. The news was welcome by the market, with equity options also turning green following the initial losses. However, Russia has yet to sign, so investors remain cautious. If tensions remain to ease up, Bitcoin might keep surging . As per the data, other major cryptocurrencies posted gains. Ethereum (ETH) climbed 4.49% to $1,951, while Solana (SOL) rose 6.55% to $127.62. Cardano (ADA) advanced by 6.33%, reaching $0.730, and Binance Coin (BNB) saw a 3.66% increase to $554.66. XRP also surged by 6.28%, hitting $2.20. Contrary to the terms, Tron (TRX) recorded a fall of 1.53% to $0.226. Meme tokens like Dogecoin (DOGE) rose by 7.06% to $0.168, while Shiba Inu (SHIB) was seen posting an advance of 3.89%. Blockchain infrastructure tokens include Chainlink, which have increased by 6.56% to $15.60. The centralized finance token rose by 1.76%, while Uniswap (UNI), coming from the decentralized finance space, increased by 3.79%. The market is generally bullish, with most assets trending higher. Bitcoin has behaved in a variety of ways amid international wars . Bitcoin dropped below $35,000 after the first Russian invasion of Ukraine in February 2022. Moreover, studies show that for every 1% increase in conflict intensity, trading volumes generally decrease by 0.2%. Nonetheless, prices often rise again in 50 days, proving how resilient Bitcoin is. In a similar vein, Bitcoin first fell in October 2023 amid the Israel-Gaza conflict. However, cryptocurrencies frequently serve as safe-haven investments, generating profits prior to geopolitical developments. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

The price of bitcoin has hit a critical level, indicating a potential breakout as market momentum increases. The asset has regained investors’ trust in its upward trend by soaring to $81,836.70 while holding firm support at key levels. Crypto Elites observe that Bitcoin’s price action unfolds in a predictable pattern of rallies and corrections. The first major rally was over 200%, and the following drop was 23%. The second rally was over 120% higher, with a 33% drop after that. The recent price increase was over 100%, with a 31% retracement thereafter. Each correction has coincided with an upwards-sloping trendline, portraying strong market support. The Relative Strength Index (RSI) has marked oversold conditions before each bounce, reaffirming the long-term bullish trend for Bitcoin. Despite short-term dips, the asset continues to be in great demand among investors. The price action of Bitcoin has been significantly dictated by resistance and support levels. Previous resistance levels are usually tested by corrections and then serve as support. This pattern has strengthened Bitcoin’s market structure and supported its persistent upward trend. The large trading volume shows that institutional and retail traders are both actively involved, particularly in major price movements. If the development is sustained, analysts predict a potential increase to $180,000 in the coming months. According to Siren, the most recent Bitcoin correction is similar to earlier corrections during a bull run. Before emerging from a descending wedge, the price consolidated, indicating a reversal of market attitude. Additionally, the breakout confirmed Bitcoin’s continuous upward trend by converting previous resistance into support. The asset is still trading above important levels and is currently trading at $83,530.00. Historical trends indicate that Bitcoin moves in cycles of gains and corrections. Resistance remains a critical factor, with analysts projecting further upside before another retracement. Traders and investors closely monitor Bitcoin’s movements, expecting additional rallies before the next major resistance test. If price momentum holds, further growth remains likely. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Altcoin market capitalization has moved up to $433.02 billion, nearing previous highs but facing strong resistance. Market trends between 2021 and 2025 demonstrate recurring cycles with highs, correction, and consolidation phases. According to analyst Rekt Capital, the market cap previously peaked at $425.03 billion before experiencing a strong rejection. Historical declines include a 69.38% drop of $294.95 billion and an 85.55% crash amounting to $420.21 billion. A symmetrical triangle formed between 2022 and 2023 before a breakout pushed prices upward. The altcoin market has maintained key support at $142.86 billion, facilitating multiple recoveries. Resistance at $315.57 billion has caused price rejections before breakouts, while the $250.73 billion level has alternated between support and resistance. Volume data indicates strong selling pressure during downturns and increased buying before breakouts. Tracking market movements, a downward-sloping trendline in 2024 marked a consolidation phase before a surge past previous resistance levels. Price movements suggest an ongoing attempt to establish new highs. Analysts are closely monitoring key levels to assess the potential for continued upward momentum. Historical patterns show repetitive price cycles, with blue circles marking peaks and red circles indicating mid-cycle resistances. Consolidation periods, highlighted by black trendlines, preceded major breakouts. These trends define long-term market behavior and influence trading strategies. Recent movements suggest strong bullish momentum as the market attempts to sustain higher levels. Resistance at $425.03 billion has led to multiple rejections, but retracements have become shallower. If this trend continues, a breakout may soon occur, pushing prices toward new record highs. Rekt notes that market capitalization continues to follow established cycles, reacting to key resistance and support levels. The altcoin sector exhibits repetitive trends , with corrections and recoveries shaping long-term price behavior. As price action stabilizes, traders remain focused on key technical levels to determine the next market move. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Dogecoin’s price movement continues to interact with the 100-week simple moving average (SMA), reflecting past trends of strong breakouts. The cryptocurrency previously tested this level before experiencing major price rallies, making its recent touch on the 100 SMA a development. Dogecoin’s price history shows several consolidation and breakout events after running into the 100 SMA. Before it took off and started an upward trend in 2017, the price was below the moving average. Similar patterns were seen in 2020, when Dogecoin was heading towards the 100 SMA before going on a remarkable rally that lasted well into 2021. Tracking the market behaviour, before uptrends, the price fluctuated and returned to the 100 SMA in 2022 and 2023. The repeated interactions suggest a strong reliance on this technical indicator as a support level before price acceleration occurs. Each consolidation phase near this moving average has preceded notable surges. Technical analyst Trader Tardigrade observed that Dogecoin has again reached the 100 SMA in 2024. Previous movements indicate that when the price touches this level, strong upward momentum tends to follow. The time frame also includes green markers at key points where the cryptocurrency successfully rebounded from the SMA. Tardigrade note that purple markers denote resistance points where the price temporarily stalled before establishing a clear trend direction. Each time the price approached the moving average, it demonstrated accumulation phases before initiating breakouts. Historical patterns indicate that this level plays a crucial role in market movements. Dogecoin’s current mo vemen t aligns with its historical pattern, where testing the 100 SMA precedes a potential price increase. The market previously witnessed prolonged consolidation at this level before breakouts occurred. If the pattern holds, the cryptocurrency could see another strong uptrend. Market participants continue monitoring Dogecoin’s price behavior to determine whether the historical correlation with the 100 SMA remains intact. They note that future price action will confirm whether another rally follows this latest test of the moving average. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Ethereum’s latest price decline has put major holders under pressure, triggering liquidation risks across decentralized finance (DeFi) protocols. As ETH fell below $2,000, several whales scrambled to bolster their collateral to avoid forced liquidations. ETH reached a low of $1,791.23, activating multiple liquidation tiers. One whale lost $2.27 million in DAI debt, while the liquidated collateral was valued at $1.23 million. #PeckShieldAlert #Liquidation An address (0x678f…4954 ) that held a leveraged long position of 1.5K $weETH (total debt: ~2.27M $DAI ) has been liquidated. A total of 643.78 weETH (worth ~$1.23M) was seized after $ETH dropped below $1,800. pic.twitter.com/CVURWtEzqf Another significant position faces liquidation if ETH declines by another 6.4%. The loan remains 182% collateralized but is vulnerable due to increased volatility. A separate vault could be liquidated at $1,798.83, despite maintaining a 153.42% collateral ratio. This borrower has secured 75 million DAI for other DeFi operations, but liquidation would result in over 60,000 ETH being absorbed by the protocol. A whale attempted to buy the ETH dip with a $30.8 million DAI purchase at $2,014, but the position remains underwater. Another dormant account, inactive for months, deposited additional collateral just in time to avoid liquidation at $1,836 per ETH. MakerDAO’s oracle, which reflects slightly higher ETH prices, may have helped mitigate some of the worst liquidation events. Speculation arose that the Ethereum Foundation was among the entities facing liquidation, but community members quickly debunked the claim. While a wallet identified by Arkham Intelligence was initially linked to the foundation, Ethereum developer Eric Conner refuted the connection. The foundation, which previously deployed $120 million into Aave, Compound, and Maker, has publicly disclosed its DeFi positions. A major entity recently deposited an additional 30,098 ETH, worth over $56 million, reducing its liquidation price to $1,127. The loan, which remains 244% overcollateralized, holds 100,394 ETH as security. The borrower has access to $78 million in borrowed DAI and can generate an additional 53 million DAI. In the last 24 hours, ETH liquidations totaled over $238 million, affecting both long and short positions. Bybit led the liquidations, with 83% affecting short positions. Liquidity has shifted toward short positions around $2,000 and $2,200, suggesting a potential relief rally as market participants seek to target these positions. Open interest remains low at $9.22 billion, with traders exercising caution. The market’s focus on short liquidations could ease pressure on DeFi vaults. However, centralized derivative trading continues to influence DeFi liquidations. With liquidity clustering around key resistance levels, ETH may see short-term upward movement as traders capitalize on accumulated short positions. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.