Many in the crypto space have echoed a familiar sentiment over recent months: “The four-year crypto market cycle is dead.” Experts from the Bull Theory assert that while the four-year cycle may have come to an end, the Bitcoin bull run itself is merely delayed and could stretch until 2027.

Why The Four-Year Cycle May Be Ending

In a recent post on social media platform X, formerly known as Twitter, the Bull Theory analysts noted that the concept of Bitcoin adhering to a neat four-year cycle is weakening. 

They highlighted that significant price movements over the last decade weren’t solely driven by Halving events; rather, they were influenced by shifts in global liquidity. 

The analysts pointed to the current landscape of stablecoin liquidity, which remains high despite recent downturns, indicating that larger investors are still engaged in the market, poised to invest when appropriate macroeconomic conditions arise.

In the US, Treasury policies are emerging as pivotal catalysts. The recent buybacks are notable, but the analysts emphasize that the larger narrative lies in the Treasury General Account (TGA) balance, which is currently around $940 billion—almost $90 billion above its normal range. 

This surplus cash is likely to flow back into the financial system, enhancing financing conditions and adding liquidity that typically gravitates toward risk assets.

Globally, the trends appear even more promising. China has been injecting liquidity for several months, while Japan recently announced a stimulus package worth approximately $135 billion, alongside efforts to simplify cryptocurrency regulations. 

Canada is also moving toward easing its monetary policy, and the US Federal Reserve (Fed) has officially halted its quantitative tightening (QT) measures—a historical precursor to some form of liquidity expansion.

Political And Monetary Factors Align To Create Bullish Condition

The analysts explained that when major economies adopt expansive monetary policies simultaneously, risk assets like Bitcoin tend to respond more rapidly than traditional stocks or broader markets. 

Additionally, potential policy tools, such as the Supplementary Leverage Ratio (SLR) exemption—implemented in 2020 to allow banks more flexibility in expanding their balance sheets—could return, resulting in increased credit creation and overall market liquidity.

There is also a political dimension to consider. President Trump has discussed potential tax reforms, including abolishing income tax and distributing $2,000 tariff dividends. 

Furthermore, the likelihood of a new Federal Reserve chair who supports liquidity assistance and is constructive toward cryptocurrency could bolster conditions for economic growth.

Extended Bitcoin Uptrend

Historically, whenever the Institute for Supply Management’s Purchasing Managers’ Index (ISM PMI) surpasses 55, it has been followed by periods of altcoin season. The probability of this occurring in 2026 appears high, according to the Bull Theory.

The convergence of rising stablecoin liquidity, the Treasury’s injection of cash back into markets, global quantitative easing, the cessation of QT in the US, potential bank-lending relief, pro-market policy shifts in 2026, and major players entering the crypto sector suggests a very different scenario than the old four-year halving model. 

The analysts concluded that if liquidity expands concurrently across the US, Japan, China, Canada, and other significant economies, Bitcoin is unlikely to move counter to that trend.

Therefore, rather than experiencing a sharp rally followed by a prolonged bear market, the current environment indicates a more extended and broader uptrend that could span through 2026 and into 2027.

Featured image from DALL-E, chart from TradingView.com

Despite the Bitcoin price recovery above the crucial $90,000 threshold—a level that has historically served as a supportive floor for the cryptocurrency—the market is exhibiting signs that a further correction may be imminent. 

Bitcoin Price Recovery At Risk?

Market expert Rekt Fencer recently shared insights on social media platform X, formerly known as Twitter, suggesting that the Bitcoin price might be forming what he calls a “massive bull trap.” 

This term refers to a deceptive bullish signal in which the price briefly surpasses a resistance level, in this case, the $90,000 mark, only to reverse into a decline. Such movements can entrap investors who bought in during the peak, leading to significant losses.

Fencer pointed out a troubling pattern reminiscent of early 2022 when Bitcoin reclaimed its 50-week moving average (MA)—currently positioned above $102,300—before experiencing a severe decline of roughly 60%, plummeting below $20,000 by June of that year. 

He indicated that the recent price recovery following major drops to $84,000 should not be interpreted as a signal of near-term success, especially since the Bitcoin price is currently trading under the 50-week MA.

If historical trends repeat, this could mean that Bitcoin might see a significant drop, potentially reaching around $36,200, which could potentially represent the low point of the bearish cycle for the cryptocurrency. On the other hand, there are analysts who retain a bullish outlook. 

BTC Bottom In Sight? 

Market researcher and analyst Miles Deutscher expressed a confident sentiment, stating he believes there is a 91.5% likelihood that the Bitcoin price has hit its bottom, based on his analysis of key developments. 

He noted that recent weeks have been dominated by negative news stories, including concerns surrounding Tether (USDT) and the implications of China’s actions on crypto, which he asserts often mark local price bottoms.

Moreover, Deutscher pointed out a shift in market flows from predominantly bearish to bullish. He explained that the trading environment has recently seen a resurgence in buying momentum, with large investors, or “OG whales,” ceasing their selling. This change has been reflected in the order books, indicating a possible stabilization in market sentiment.

Additionally, the liquidity landscape appears to be shifting, with market conditions tightening in recent months. The potential appointment of a new Federal Reserve chair known for dovish policies, coupled with the official end of quantitative tightening (QT), could further influence market dynamics in favor of buyers.

Deutscher concluded by emphasizing that given the extreme levels of fear, uncertainty, and doubt (FUD) in the market, combined with improvements in trading flows, he believes that the odds favor the notion that the Bitcoin price has indeed reached its bottom.

Featured image from DALL-E, chart from TradingView.com 

Institutions are jumping at the opportunity to gain exposure to SOL staking yields, contributing 3.1 million SOL in a testament to bullish Solana price predictions.

As the designated staking backend for institutional products, Staking service Marinade has seen its Total Value Locked (TVL) increase 3 fold to $436 million over November.

This adoption has been catalysed with the launch of several spot SOL staking ETFs as a regulated means to gain access to the altcoin’s yields.

Over November, these ETFs saw a 22-day inflow streak despite amounting to the second-worst month of the year. TradFi markets chose to buy the dip on SOL as other ETFs like Bitcoin bled.

Demand that only stands to grow with fresh touch points for institutional-grade exposure, like the recently unlocked 50 million clientele of the second-largest asset manager, Vanguard.

As the favored accumulation strategy over Bitcoin, Solana is in a favorable position to outperform the leading cryptocurrency if the bull run returns for 2026.

Solana Price Prediction: Where Could Solana Go In 2026

December is shaping a strong launchpad into 2026 as Solana forms a clean double-bottom pattern along a firm support throughout the bullish phase of this market cycle at $120.

And with momentum indicators verging on bullishness, the structure is acting as a clear bottom to the two-month Solana price decline.

While its most recent attempt has ended in rejection, the RSI is now testing the 50 neutral line after weeks in deep oversold territory. The MACD has also built a strong lead on the signal line.

Both suggest the early stages of a fresh uptrend as buyers step back in.

Still, the Solana price has faltered at the double-bottom neckline around $145, a level it must reclaim as support for the $210 target to play out.

Such a shift would set up a retest of the wider year-long descending-triangle resistance, creating a breakout scenario targeting levels near $500 for a potential 260% gain.

Though a near-term catalyst, such as a decision to ease U.S. interest rates next week, may be required to stimulate risk sentiment.

And with further macroeconomic easing expected through 2026 and growing institutional involvement, the setup could extend toward a much larger move, eyeing $ 1,000 for a 630% run.

Bitcoin Hyper: A Reason Bitcoin Could Still Outpace Solana

Those who jumped to Solana as an alternative Layer 1 to the leading crypto may be forced to reconsider, as the Bitcoin ecosystem finally addresses its biggest limitation: ecosystem growth.

Bitcoin Hyper ($HYPER) is bridging Bitcoin’s security and stability with Solana’s speed, creating a new Layer-2 network that unlocks scalable and efficient use cases Bitcoin couldn’t support alone.

The project has already raised over $30 million in presale, and post-launch, even a small share of Bitcoin’s trading volume could push its valuation significantly higher.

Bitcoin Hyper is fixing the slow transactions, high fees, and limited programmability that have capped Bitcoin’s potential – just as the market turns bullish

Visit the Official Bitcoin Hyper Website Here

The post Solana Price Prediction: Institutions Pile In as Staking Hits 3.1M SOL – Could SOL Overtake Bitcoin in 2026? appeared first on Cryptonews.

Solana failed to stay above $144 and corrected gains. SOL price is now trading below $140 and might find bids near the $135 zone.

• SOL price started a downside correction below $140 against the US Dollar.
• The price is now trading above $135 and the 100-hourly simple moving average.
• There was a break below a bullish trend line with support at $144 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The pair could extend losses if it dips below the $135 zone.

Solana Price Starts Downside Correction

Solana price failed to surpass $148 and started a downside correction, beating Bitcoin and Ethereum. SOL dipped below $145 and $144 to enter a short-term bearish zone.

There was a move below the 23.6% Fib retracement level of the upward wave from the $123 swing low to the $147 high. Besides, there was a break below a bullish trend line with support at $144 on the hourly chart of the SOL/USD pair.

Solana is now trading above $135 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $142 level. The next major resistance is near the $145 level. The main resistance could be $148. A successful close above the $148 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $165 level.

More Losses In SOL?

If SOL fails to rise above the $145 resistance, it could start another decline. Initial support on the downside is near the $135 zone and the 50% Fib retracement level of the upward wave from the $123 swing low to the $147 high. The first major support is near the $132 level.

A break below the $132 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $122 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.

Major Support Levels – $135 and $132.

Major Resistance Levels – $142 and $148.

Key technicals are flashing green, and traders are banking on the fact that bullish Pepe price predictions finally have the support to be realised.

The often-overlooked Bollinger Bands may be the clearest tell. After spending two months below the central basis line, the meme coin has finally broken above it as buyers return.

The bands are also narrowing, signalling a volatility squeeze that marks a shift away from the prior freefall and adds weight to a bottom taking shape.

Market participants appear to be leaning into the setup. Open Interest has risen 26% since the second bounce, adding more than $55 million as traders re-engage with the price action.

And they appear to be positioning for further upside, with a Long-Short Ratio of 1.03 suggesting the majority of traders are longing the PEPE price.

Pepe Price Prediction: The Strongest Bottom Signal Yet?

This potential bottom appears to have taken shape as a double-bottom reversal, with a second bounce along the $0.000004 level now gaining momentum.

Pepe now tests the pattern’s neckline at $0.0000049, a level that must flip to support to confirm the bullish setup.

Momentum indicators support further upside. The MACD widens its gap above the signal line while the RSI approaches the 50 neutral line for the first time in two months, both signals that buyers are controlling the move.

Fully realised, the pattern targets a measured 50% move to reclaim November highs at $0.0000075. But if this level can be flipped to support, it may mark the start of an extended rally.

And with supportive market conditions, such as a U.S. interest rate ease in December to stimulate demand for riskier plays PEPE, it could push 240% to May highs at $0.0000165.

Pepe Node: A Better Way to Buy the Dip

If the past two months have proven anything, it’s that it can be difficult to buy the dip on volatile tokens like meme coins without leaving yourself exposed to heavy losses.

PepeNode ($PEPENODE) helps with an easier way to accumulate, without needing to time the market — the pitfall of most meme coin investors.

It’s a simple mine-to-earn (M2E) game. No hardware needed.

Just log in, acquire virtual nodes, stack rigs, and configure your setup to start earning passive rewards, diversified across top-performing meme coins.

Momentum is climbing fast. The presale has already passed $2.25 million, while early stakers can still earn up to 573% APY.

And thanks to a built-in deflationary model, where 70% of all $PEPENODE spent on nodes and rigs is burned, scarcity supports long-term token value.

PepeNode stands out as a smarter way to capture some of the market’s strongest upside—without worrying about timing the perfect entry.

Visit the Official PepeNode Website Here

The post Pepe Coin Price Prediction: Chart Signals Flash Green – But One Silent Metric Has Traders Whispering  appeared first on Cryptonews.

The new week has brought a major development for Solana, with growing interest from traditional finance helping fuel bullish Solana price predictions.

Vanguard, one of the world’s largest asset managers with over $11 trillion under management, has reversed its crypto ban.

Clients can now access crypto-related ETFs and mutual funds through the platform, marking a major shift in mainstream adoption.

NEWS: Vanguard, the world’s 2nd largest asset manager with about $11T in AUM, has made @Solana ETFs available across its platform, opening access to roughly 50 million clients. pic.twitter.com/T45y5EMGLz

— SolanaFloor (@SolanaFloor) December 2, 2025

Even a small share of that capital would translate into explosive growth, and Solana is a standout beneficiary as the proven institutional play of choice.

The altcoin saw a 22-day inflow streak during crypto’s second-worst month of the year as TradFi markets chose to buy the dip on Solana over other ETF offerings.

And with the fresh exposure, Solana ETFs are once again catching a bid from investors, with $46.7 million in inflows the day of the announcement.

Solana Price Predictions: Could Vanguard Fuel a $1000 Move

This fresh touch point for inflows arrives as Solana flashes its strongest bottom signal yet with a double bottom pattern forming along a historic support trendline.

The $120 level has marked local bottoms throughout the bullish phase of the market cycle, and it appears to act as a launchpad yet again as momentum indicators flip bullish.

The RSI is testing the neutral line after being trapped in oversold conditions for the past 2 months while the RSI builds a lead above the signal line. Both suggest that buyers are taking control of the prevailing trend.

With a decisive break above the double bottom neckline at $144, the fully realised structure eyes a push to $210.

This would trigger a retest of a wider year-long descending triangle pattern, creating a potential breakout scenario eyeing much higher targets around $500, a 250% gain.

With anticipated U.S. interest rate cuts in December set to stimulate risk sentiment across investment markets, Vanguard exposure could fuel a larger 600% move to $ 1,000 for SOL.

SUBBD: An Early Play With Fundamentals Just as Strong

With market conditions shaping up for an explosive year-end, capital is rotating into the next high-upside contender, and increasingly, SUBBD ($SUBBD).

The project is redefining the $85 billion subscriber economy by giving creators true ownership and fans genuine access through an AI-powered content platform.

Never miss a sale again.

As a top creator, your audience is global. It's just not possible to cater to everyone – you can't be online 24/7

That's where your personal AI Assistant comes in, to handle requests and secure payments. Sleep peacefully knowing you're making money… pic.twitter.com/ju9VjLBmea

— SUBBD (@SUBBDofficial) March 26, 2025

By cutting out the middlemen, $SUBDD puts control back in the hands of those who create real value.

Creators can monetize directly, while fans gain access to exclusive content, early releases, and meaningful interactions through token-gated perks.

The concept is already gaining traction. $SUBBD nears $1.4 million in presale, as investors back the shift toward a decentralized creator economy.

With SUBBD, both sides of the community win — creators earn more, and fans get closer while embracing the decentralization use cases crypto was built for.

Visit the Official SUBBD Website Here

The post Solana Price Prediction: Trillion-Dollar Asset Manager Vanguard Just Backed SOL – Is the SOL Target Now $1,000? appeared first on Cryptonews.

Bitcoin (BTC) has continued its relief rally since the start of the week, successfully reclaiming the significant $93,000 mark on Wednesday afternoon. This uptick in the cryptocurrency’s price has sparked mixed sentiments among experts regarding its future direction.

Analysts Warn Of Resistance Ahead For Bitcoin

IG analyst Chris Beauchamp highlighted the cautious optimism among Bitcoin enthusiasts, who are wary after witnessing numerous false recoveries in recent months. He noted that there appears to be a shift in risk appetite within the stock market, which is gradually spilling over into the cryptocurrency space. 

However, he pointed out that while last week’s bounce faltered at the $93,000 level, the recent climb above this threshold on Wednesday instills a sense of hope for a more sustained upward movement.

Despite this positivity, analysts warn that more resistance levels are likely to emerge as Bitcoin rallies. Jeff deGraaf from Renaissance Macro Research outlined two significant resistance points to watch: the psychological $100,000 threshold and the $107,000 mark, both amplified by descending moving averages. 

Adding another layer to the Bitcoin discourse, market analyst CryptoBullet has suggested that the Bitcoin cycle top may already be in place, reached last month above $126,000. 

Will Altcoins Bounce Back?

In a social media post, CryptoBullet pointed out that the performance of altcoins, measured against Bitcoin, indicates a bottoming out. This scenario, while concerning, is not unprecedented. 

CryptoBullet recalled a similar situation in September 2019 when Bitcoin was consolidating about 30% below its top following an intense seven-month rally after a bear market low. At that time, altcoins also reached their cycle low.

In the current context, Bitcoin’s rally has lasted significantly longer—35 months compared to the previous seven-month span. Additionally, altcoins have been on a downward trajectory for over four years, effectively more than doubling the duration of their last bear market. 

Looking ahead, CryptoBullet anticipates a challenging correction for Bitcoin in 2026, suggesting a bear market could be on the horizon. In the next two to three months, he predicts a potential bounce for altcoins, signaling a liquidity rotation and possibly a “mini altseason” during what he terms a “Dead Cat Bounce” for Bitcoin. 

This mirrors the events of 2019-2020, when altcoins experienced a relief rally while Bitcoin was on a downward trend. CryptoBullet indicates that a significant altseason is expected in the next cycle, projected for 2027-2029.

At the time of writing, the price of BTC is trading just above $93,000, marking gains of 2% and 3% in the 24-hour and seven-day time frames, respectively. 

Featured image from DALL-E, chart from TradingView.com 

Solana started a fresh increase above the $135 zone. SOL price is now consolidating above $142 and might aim for more gains above the $145 zone.

• SOL price started a fresh upward move above the $135 and $140 levels against the US Dollar.
• The price is now trading above $140 and the 100-hourly simple moving average.
• There is a bullish trend line forming with support at $143 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The pair could extend gains if it clears the $145 resistance zone.

Solana Price Gains Momentum

Solana price started a decent increase after it settled above the $128 zone, like Bitcoin and Ethereum. SOL climbed above the $135 level to enter a short-term positive zone.

The price even smashed the $140 resistance. The bulls were able to push the price above $142. The price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $123 swing low to the $146 high.

Solana is now trading above $140 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $143 on the hourly chart of the SOL/USD pair.

On the upside, the price is facing resistance near $145. The next major resistance is near the $148 level. The main resistance could be $150. A successful close above the $150 resistance zone could set the pace for another steady increase. The next key resistance is $162. Any more gains might send the price toward the $180 level.

Another Pullback In SOL?

If SOL fails to rise above the $145 resistance, it could start another decline. Initial support on the downside is near the $143 zone and the trend line. The first major support is near the $135 level and the 50% Fib retracement level of the recent upward move from the $123 swing low to the $146 high.

A break below the $135 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.

Major Support Levels – $143 and $135.

Major Resistance Levels – $145 and $150.

Pepe appears to have diverged from a textbook bearish setup, with yearly lows shaping up as a launchpad for bullish Pepe price predictions.

An early-week 17% bounce has affirmed $0.000004 as a firm bottom marker for the meme coin through this market cycle’s bullish phase.

That stability now puts the validity of a 9-month bearish head-and-shoulders breakdown into question.

While the pattern had pointed to a potential 77% decline, a decisive rebound like this may signal an early bailout. Still, market participants appear to be oblivious to the setup as profit-taking continues.

One long-term PEPE Token holder deposited their remaining $3.5 million worth of PEPE to Coinbase, now having a zero balance for the first time since June 2024.

That behavior reflects a broader trend, with the Chaikin Money Flow on Coinbase plunging into deeply negative territory at –0.3, signaling significant profit-taking pressure.

Pepe Price Prediction: The Next Move Could Shock Everyone

Zooming in, the divergence appears to stem from a double-bottom reversal forming with a second bounce developing along the yearly low.

Its play-out has shifted attention toward a potential breakout from a broader descending channel, and momentum indicators now support the bullish setup.

The RSI has turned bullish for the first time in two months, pushing above the neutral line as buyers step back. The MACD mirrors the shift, printing a golden cross above the signal line.

Fully realised, the pattern sets eyes on a pre-October liquidation event demand zone at $0.000009 for a 95% gain.

And with supportive market conditions, such as a U.S. interest rate ease in December to stimulate demand for riskier plays PEPE, it could push 5x to all-time highs at $0.000028.

PepeNode: A Simpler Way to Position For the Bull Run

With most bull run setups flying under the radar under bearish market sentiment, it can be difficult to secure entries without leaving yourself exposed to potential heavy losses.

PepeNode ($PEPENODE) helps with an easier way to accumulate, without needing to time the market — the pitfall of most meme coin investors.

It’s a simple mine-to-earn (M2E) game. No hardware needed.

Just log in, acquire virtual nodes, stack rigs, and configure your setup to start earning passive rewards that diversify across top-performing meme coins.

Momentum is climbing fast. The presale has already passed $2.25 million, while early stakers can still earn up to 576% APY.

And thanks to a built-in deflationary model, where 70% of all $PEPENODE spent on nodes and rigs is burned, scarcity supports long-term token value.

PepeNode stands out as a smarter way to capture some of the market’s strongest upside—without worrying about timing the perfect entry.

Visit the Official PepeNode Website Here

The post PEPE Price Prediction: Price Bounces Off Yearly Low – Is the Frog About to Flip the Chart and Shock Everyone? appeared first on Cryptonews.

XRP is testing a key inflection zone above $2.00 as two independent frameworks from crypto analysts Dom (@traderview2) and Osemka (@Osemka8) converge on a potential reversal – with clearly defined levels at roughly $2.00, $2.22 and $2.50 marking the battlefield.

XRP Price Consolidation Nears Its End

On the higher-timeframe 2-day chart, Osemka frames the structure as a classic flat correction built on top of the 2021 high. “Here’s the range and levels to help you navigate it. We’re basing on top of 2021 high,” he writes, adding that “we’ve also never broken down after going sideways for this long, so I remain with my view of this being an accumulation range and a flat correction.”

His chart shows XRP oscillating in a horizontal band whose floor aligns with the 2021 high, labeled as a “Reaccumulation” area. Price has repeatedly tagged this support and bounced, while midrange resistance in the low-to-mid $2 zone has capped multiple rallies. Above, a higher horizontal line marks the January spike, which Osemka treats as the cycle top.

Internally, he maps an A–B–C corrective sequence. The B leg forms a dotted ascending channel, labeled as a 3-legged “abc” wave. “That dotted ascending range in the middle (3 legged abc wave in B) has me optimistic as that is a corrective move that is synonymous for a flat correction,” he explains. “Meaning the top was in January and this indeed is only a sideways correction.” The current C leg is contained within a downward “Corrective channel” pointing back toward the lower band.

For Osemka, even a deeper test of support would not necessarily be bearish for the larger structure: “If we end up taking the lower end of the range with C leg it’ll remain to be seen. But if so, it’d be a great buying opportunity.” He also calls XRP “a perfect example on why I view BTC also as a flat correction with the top in January,” arguing that “while Bitcoin is messy, XRP is very clean.”

Why Its Now Or Never For XRP

Dom zooms in on the last six weeks of that broader range and focuses on the microstructure that could trigger a move back toward the upper band. “If you inverse the chart over the last 6 weeks, you’ll see a perfect 3 drive pattern, a very accurate reversal setup in crypto,” he writes. On the non-inverted chart, this corresponds to three downside pushes that fail to extend lower, followed by what he calls a higher low: “We can see a HL has finally formed which can hint at the first sign of a trend change developing.”

His 8-hour chart highlights the monthly rolling VWAP as the key pivot. “Bulls needs to regain the monthly rVWAP around $2.22 and that would be the shift for a rally back towards ~$2.50,” Dom says. That ~$2.50 area aligns with higher VWAP clusters and the upper portion of Osemka’s range.

Order-book and skew data back his view that conditions are ripe for a break if buyers step in. “Orderbooks are clear, if there was a time, it’s now for this trend to shift,” he notes, pointing to relatively clean liquidity overhead and a recovering skew after a washed-out short side.

The downside is equally explicit: “If this setup fails, acceptance under $2 is next and the end of year is ugly.” That would mean a decisive loss of the long-defended support band built on the 2021 high and a deeper completion of the C leg in Osemka’s flat-correction structure.

For now, XRP remains compressed between the $2.00 support, the $2.22 monthly rVWAP trigger and the ~$2.50 upside magnet, with the six-week 3-drive pattern and flat-correction range jointly defining one of the clearest technical inflection points on the XRP chart this year.

At press time, XRP traded at $2.1798.

Solana started a recovery wave above the $135 zone. SOL price is now consolidating and faces hurdles near the $140 zone.

• SOL price started a decent recovery wave above $132 and $135 against the US Dollar.
• The price is now trading above $135 and the 100-hourly simple moving average.
• There was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The price could continue to move up if it clears $140 and $142.

Solana Price Jumps 10%

Solana price remained stable and started a decent recovery wave above $130, like Bitcoin and Ethereum. SOL was able to climb above the $135 level.

There was a move above the 61.8% Fib retracement level of the downward move from the $145 swing high to the $123 low. Besides, there was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL/USD pair.

Solana is now trading above $135 and the 100-hourly simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $145 swing high to the $123 low. On the upside, immediate resistance is near the $140 level.

The next major resistance is near the $142 level. The main resistance could be $145. A successful close above the $145 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $162 level.

Another Decline In SOL?

If SOL fails to rise above the $140 resistance, it could continue to move down. Initial support on the downside is near the $136 zone and the same trend line. The first major support is near the $134 level.

A break below the $134 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 zone in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.

Major Support Levels – $136 and $134.

Major Resistance Levels – $140 and $142.

A sharp breakdown below Dogecoin’s long-term support trendline is stirring debate over the next major move, with Dogecoin price prediction searches surging across the space.

Having reached the 1 Fib retracement level at $0.13, meme coin DOGE now sits at a crucial juncture where a bounce or deeper collapse could define the coming months.

A decisive close beneath $0.13 would expose Dogecoin to the deeper 1.618 Fib extension around $0.02, an 85% drop from current prices.

But it could also mark the start of the next bull run, acting as the launchpad to a deceptively bullish setup noted by popular pseudonymous X analyst Trader Tartigrade.

The latest monthly candle closed below a year-long ascending trendline, a move that has historically preceded a “massive DOGE season,” not a crash.

Dogecoin Price Prediction: How High Could DOGE Go?

The $0.13 level also aligns with the lower boundary of a year-long descending triangle, creating a potential breakout setup.

A recent double-bottom reinforces the pattern, positioning $0.13 as the base for a move to reclaim the 0.618 Fib level at $0.19 and establish a firmer higher footing.

Momentum indicators now support the idea. The RSI shows a clear bullish divergence against recent price action, hinting at underlying strength.

The looming MACD death cross may prove short-lived if bullish pressure returns.

A clean breakout from the triangle sets up a roughly 220% measured move toward previous highs near $0.50, with a full pattern target of $1, a potential 530% rally.

Though such a move likely hinges on supportive market conditions, such as a U.S. interest rate ease in December to stimulate demand for riskier plays like meme coins.

PepeNode: An Easier Way to Accumulate

With most coins still teetering between bull run and collapse, it can be difficult to secure entries without leaving yourself exposed to heavy losses.

PepeNode ($PEPENODE) helps with an easier way to accumulate without needing to time the market—the pitfall of most meme coin investors.

It’s a simple mine-to-earn (M2E) game. No hardware needed.

Just log in, acquire virtual nodes, stack rigs, and configure your setup to start earning passive rewards that diversify across top-performing meme coins.

Momentum is climbing fast. The presale has already passed $2.2 million, while early stakers can still earn up to 577% APY.

And thanks to a built-in deflationary model, where 70% of all $PEPENODE spent on nodes and rigs is burned, scarcity supports long-term token value.

PepeNode stands out as a smarter way to capture some of the market’s strongest upside—without worrying about timing the perfect entry.

Visit the Official PepeNode Website Here

The post Dogecoin Price Prediction: DOGE Tumbles Toward Total Collapse – But is This the Best Buying Opportunity? appeared first on Cryptonews.

Binance Coin is flashing its strongest buy signal in six months, a trend line that has underpinned some of the most bullish BNB price predictions.

The 20-month structure has served as a firm bottom marker for the altcoin through this market cycle’s bullish phase, guiding consolidation and sparking surges.

Now the trendline is back in play near $750, just another 15% below current prices, and broader market conditions favour it as a launchpad once again.

The U.S. macro narrative sets a bullish precedent. The Federal Reserve has just shifted course, ending quantitative tightening and injecting $13.5 billion in liquidity to support banks.

Whoa! The FED just injected $13.5B into the banking system via overnight repos.

2nd Largest liquidity boost since c-vid ! pic.twitter.com/A9nnllQqg2

— Josh Philip Phair (@JoshPhilipPhair) December 2, 2025

With fresh liquidity entering the system and expectations of a December rate cut to revive risk appetite, speculative assets like BNB could see renewed demand heading into 2026.

BNB Price Prediction: How High Could the Next Bull Run Go?

The 20-month support also corresponds with the lower boundary of an ascending broadening wedge, forming a potential breakout setup

As a launchpad, it could reset focus on a reversal towards its upper resistance, particularly with momentum indicators to show any decisive signs of bullishness.

If the level holds as a launchpad, it could refocus attention on a reversal toward the wedge’s upper resistance, particularly with momentum indicators yet to show decisive signs of bullishness.

The RSI has yet to print any meaningful divergence from price action, signalling a prevailing downtrend despite its recent rebound from the 30 oversold zone.

The recent MACD golden cross may also prove short-lived.

Zooming out, the weekly RSI has not yet touched the 30 oversold threshold, while the weekly MACD is only now approaching a golden cross, a telling sign that there is still room to fall.

The key breakout line sits near $1,050, and a confirmed move above it could send BNB into new price discovery, targeting a 70% rally toward $1,500.

SUBBD: The Next Big Low Cap Gem?

With market conditions shaping up for a 2026 bull run, market participants are positioning behind the next high-upside contenders, and increasingly, SUBBD ($SUBBD).

Positioned as an AI-powered content platform, SUBBD is redefining the $85 billion subscriber economy by giving creators true ownership and fans genuine access.

Never miss a sale again.

As a top creator, your audience is global. It's just not possible to cater to everyone – you can't be online 24/7

That's where your personal AI Assistant comes in, to handle requests and secure payments. Sleep peacefully knowing you're making money… pic.twitter.com/ju9VjLBmea

— SUBBD (@SUBBDofficial) March 26, 2025

By cutting out the middlemen, $SUBDD puts control back in the hands of those who create real value.

Creators can monetize directly, while fans gain access to exclusive content, early releases, and meaningful interactions through token-gated perks.

The concept is already gaining traction. $SUBBD nears $1.4 million in presale, as investors back the shift toward a decentralized creator economy.

With SUBBD, both sides of the community win — creators earn more, and fans get closer while embracing the decentralization use cases crypto was built for.

Visit the Official SUBBD Website Here

The post BNB Price Prediction: Binance Coin is Approaching the Best Buying Level in 6 Months – What Happens Next? appeared first on Cryptonews.

After a brief period of consolidation and a bullish uptick to around $93,000 at the end of last week, the Bitcoin price has once again dipped toward the $85,000 mark, recording a significant 7% drop on Monday, according to data from CoinGecko. 

Market expert Shanaka Anslem has pointed to what he refers to as “the weapon” behind this latest crash: Japanese government bonds. 

Expert Warns Of Unraveling Yen Carry Trade

In a post on social media platform X (formerly Twitter), the expert highlighted that the yield on Japan’s 10-year bonds reached 1.877 percent on December 1, 2025—the highest level since June 2008—while the 2-year yield hit 1 percent, a benchmark not seen since before the collapse of Lehman Brothers.

He explained that these rising yields have triggered a significant unwinding of what Anslem describes as the largest arbitrage trade in history: the Yen Carry Trade. 

With estimates placing the total size of this trade at around $3.4 trillion and figures nearing $20 trillion, he noted that this allowed global investors to borrow Japanese yen at minimal costs to buy a variety of assets, including stocks, US Treasuries, and cryptocurrencies like Bitcoin. However, this era appears to have ended last month.

The mechanics of this situation are straightforward but impactful, Anslem asserted. As yields rise, the yen strengthens, making leveraged positions increasingly unprofitable. 

He suggested that this leads to a chain reaction: selling triggers margin calls, which in turn causes further liquidations. On October 10, $19 billion in crypto positions were liquidated, marking the largest single-day wipeout in crypto history.

By November, Bitcoin exchange-traded funds (ETFs) saw $3.45 billion exit the market, with BlackRock’s IBIT suffering a $2.34 billion loss. On December 1 alone, an additional $646 million was liquidated before lunchtime.

Will The Bitcoin Price Plunge To $75,000?

This decline has occurred alongside the Bitcoin price correlations with major stock indices, showing a 46% correlation with the Nasdaq and a 42% correlation with the S&P 500. 

Anslem noted in his analysis that what was once perceived as an “uncorrelated hedge” has now transformed into a leveraged indicator of global liquidity conditions.

Interestingly, despite the Bitcoin price collapse, whale investors accumulated 375,000 BTC during this period. Moreover, miners significantly cut back their selling, reducing monthly sales from 23,000 BTC to just 3,672. 

As the market looks ahead, the expert asserted that a pivotal moment approaches on December 18 with the Bank of Japan’s upcoming policy decision. 

Anslem concluded that if the bank opts to raise rates and signal further increases, the Bitcoin price could test the $75,000 level, which would represent an additional 11% drop for the market’s leading cryptocurrency from current trading levels. 

Featured image from DALL-E, chart from TradingView.com 

Solana started a fresh decline below the $135 zone. SOL price is now consolidating losses below $130 and might decline further below $125.

• SOL price started a fresh decline below $135 and $130 against the US Dollar.
• The price is now trading below $130 and the 100-hourly simple moving average.
• There is a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The price could start a recovery wave if the bulls defend $125 or $120.

Solana Price Dips Further

Solana price failed to remain stable above $140 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $135 and $132 support levels.

The price gained bearish momentum below $130. A low was formed at $123, and the price is now consolidating losses. The price recovered a few points and tested the 23.6% Fib retracement level of the downward move from the $144 swing high to the $123 low.

Solana is now trading below $130 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $128 level. The next major resistance is near the $130 level. The main resistance could be $134 or the 50% Fib retracement level of the downward move from the $144 swing high to the $123 low.

There is also a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL/USD pair. A successful close above the $136 resistance zone could set the pace for another steady increase. The next key resistance is $140. Any more gains might send the price toward the $145 level.

Another Decline In SOL?

If SOL fails to rise above the $130 resistance, it could continue to move down. Initial support on the downside is near the $125 zone. The first major support is near the $122 level.

A break below the $122 level might send the price toward the $120 support zone. If there is a close below the $120 support, the price could decline toward the $112 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.

Major Support Levels – $125 and $122.

Major Resistance Levels – $130 and $136.

Smart money is pulling back from Cardano, casting doubt on any bullish Cardano price prediction.

Over the past week, the altcoin has shown signs of weakness, with long-term holders starting to move their coins.

Data from the Spent Coins Age Band shows a sharp 23% increase in older ADA being spent, rising to 114.66 million coins. This signals that experienced holders may be exiting their positions.

Despite a small bounce earlier in the week, ADA failed to build any lasting momentum, leaving the risk of new lows on the table, something big wallets appear to be avoiding.

Still, some analysts like Ali Martinez see a potential buy signal forming, as the TD Sequential indicator suggests this trend could be losing steam.

TD Sequential flashes a buy signal for Cardano $ADA. pic.twitter.com/qlIxSXpkaa

— Ali (@ali_charts) December 1, 2025

Cardano Price Prediction: Continuation or New Low Coming?

Smart money appears to be taking flight as Cardano faces a breakdown of the descending channel that has kept it in controlled consolidation over the past year.

The altcoin now faces a potential freefall, with momentum indicators showing prevailing bearish momentum.

The MACD golden cross stands to be short-lived, already teetering on a death cross back below the signal line.

While the RSI has breached the 30 oversold threshold, a level that has consistently marked local bottoms, the momentum just isn’t there for any bounce to overwhelm the prevailing trend.

A breakdown of the channel eyes another 35% crash to $0.24, a support level that has acted as a firm bottom throughout this market cycle.

However, with a catalyst for demand like Spot ETF approval or favourable macro conditions for a U.S. interest rate ease in December, a false breakdown could put the bullish case back in focus.

A channel breakout eyes a potential 380% move to $1.80, with $0.50 and $1.34 serving as interim support.

SUBBD: A Project Absorbing Market Capital

Capital doesn’t disappear, it rotates.

When one trend slows down, smart money looks for the next project with explosive upside.

That shift now appears to be happening with SUBBD ($SUBBD), an AI-powered content platform aiming to reshape the $85 billion subscription economy.

As major players stall, SUBBD is steadily gaining traction with a model that rewards creators and early adopters alike.

Never miss a sale again.

As a top creator, your audience is global. It's just not possible to cater to everyone – you can't be online 24/7

That's where your personal AI Assistant comes in, to handle requests and secure payments. Sleep peacefully knowing you're making money… pic.twitter.com/ju9VjLBmea

— SUBBD (@SUBBDofficial) March 26, 2025

By cutting out the middlemen, $SUBDD puts control back in the hands of those who create real value.

Creators can monetize directly, while fans gain access to exclusive content, early releases, and meaningful interactions through token-gated perks.

The concept is already gaining traction. $SUBBD nears $1.4 million in presale, as investors back the shift toward a decentralized creator economy.

With SUBBD, both sides of the community win — creators earn more, and fans get closer while embracing the decentralization use cases crypto was built for.

Visit the Official SUBBD Website Here

The post Cardano Price Prediction: Big Investors Are Quietly Pulling Out – The Worst Might Still Be Ahead appeared first on Cryptonews.

With a historical support trendline under pressure, Pepe price predictions now sit at a crossroads between bullish and bearish scenarios.

The $0.0004 region has acted as a firm bottom since the meme coin’s mid-2024 run, and it stands to prove a launchpad yet again.

But it could also become the breaking point, as the last barrier to a dangerous gap zone with little historical buying activity to cushion further downside.

Structurally, the level forms the neckline of a looming head-and-shoulders pattern, which could trigger a 75% collapse toward $0.000001.

It's just me or does it seem that $PEPE is forming a massive Head & Shoulder pattern?

If this breaks down, it would be really bad! pic.twitter.com/HPGQrKTliS

— Sjuul | AltCryptoGems (@AltCryptoGems) November 30, 2025

Market participants seem to be positioning around the setup. Over the past two weeks, Open Interest has climbed more than 50% to $249 million as traders re-engage with price action.

Pepe Price Prediction: 500% Rally Still in the Cards

Months of volatility have triggered sharp swings, yet the Pepe price continues to track the broader structure of a 19-month ascending triangle.

November’s drop marked a breakdown from that pattern, but its lower support and resistance levels may still guide a recovery.

Its post-breakdown momentum nears exhaustion. While the MACD hints at continued downside with a looming death cross below the signal line, the RSI is approaching the 30 oversold zone — a historical bottom marker for Pepe.

Buyers could soon have room to re-enter, and a strong rebound would target the triangle’s lower support trendline, offering firmer footing for a sustained move higher.

And if its upper resistance can be flipped to support, the setup points toward a return to the all-time highs around $0.000028 for a potential 550% gain from current levels.

With the patterns upper resistance flipped to support, the setup eyes past all time highs around $0.000028, representing a 550% gain from current prices.

That momentum likely depends on a catalyst, such as a December U.S. rate cut to boost risk appetite and revive demand for more speculative plays like Pepe.

Pepe Node: You Can Now Make Passive Income With Pepe

With market sentiment still in bear territory, it can be difficult to secure entries on volatile tokens like meme coins without leaving yourself exposed to potential heavy losses.

PepeNode ($PEPENODE) offers a high-potential way to capitalize on upside without needing to time volatile meme coin swings, making it a smarter play for those seeking early gains.

It’s a simple mine-to-earn (M2E) game. No hardware needed.

Just log in, buy virtual nodes, stack rigs, and configure your setup to start earning passive rewards that diversify across top-performing meme coins.

Momentum is climbing fast. The presale has already passed $2.25 million, while early stakers can still earn up to 578% APY.

And thanks to a built-in deflationary model, where 70% of all $PEPENODE spent on nodes and rigs is burned, scarcity supports long-term token value.

PEPENODE stands out as a smarter way to capture some of the market’s strongest upside—without worrying about timing the perfect entry.

Visit the Official PepeNode Website Here

The post Pepe Price Prediction: If This Critical Support Level Holds, a 500% Rally Could Happen Fast  appeared first on Cryptonews.

Bitcoin Magazine

Bitcoin’s November Red Candle Signals Bearish MACD Cross, Eyes $75,000 Test

Bitcoin Price Weekly Outlook

Bitcoin price managed to put in a green candle on the weekly close, finally, but it wasn’t enough to hold off the bears as the price dropped sharply right after the weekly and monthly close on Sunday night. The week and month closed at $90,385, still well below the closest resistance level at $91,400. Bears will likely look to take advantage of this weak close heading into this week, and potentially push the price down below the $84,000 support level.

Key Support and Resistance Levels Now

Bulls managed to test initial resistance last week at $91,400, but sold off heavily after hitting $93,000, short of the next resistance at $94,000. Above here, we should see strong resistance at $98,000 all the way up to $103,000. Higher resistance levels were covered in last week’s analysis, so we’ll reopen that topic if bulls can manage to get close to $100,000 after the end of this week.

$84,000 Support held firm this past week, but bulls did not muster much of a bounce. This support level will be under pressure heading into this week. Initially, bulls will look to hold the 0.146 Fibonacci retracement at $87,000, however. Below $84,000, bulls may look to defend $75,000. Below here, the $72,000 to $69,000 area should provide strong support and at least a bounce or two from this zone. If this area sees heavy selling pressure, though, it may eventually crack and usher in a test of the 0.618 Fibonacci retracement at $57,700.

Outlook For This Week

With the price closing below resistance on Sunday, the bears jumped on this weakness and pushed the price down to $87,000 support. Look for bulls to defend this level early, but if it is lost, bulls know they must hold the line at $84,000 to avoid dropping to new lows and testing $75,000 this week. So, we may see some range-bound action this week as bears may still need a bit of a rest before taking out this support level. If bulls can hold them off, they will again attempt to conquer $91,400 and potentially $94,000 this week, but I wouldn’t expect any strong moves up this week.

The next few weeks
Sunday night brought us the monthly candle close for November as well. November closed as a big red bearish candle, taking out the April, May and June green closes in one fell swoop. Price did rally to close above the monthly 21-EMA, which is a good sign, but December will have to try to put in some reversal candles to keep the bulls’ hopes alive. The most bearish aspect of November’s close is that it confirmed a bearish cross on the MACD oscillator. This is to be taken seriously on such a high time frame and should keep the price subdued for at least the coming two to three months. This signal is yet another sign that the Four-year cycle top is likely in.

Terminology Guide:

Bulls/Bullish: Buyers or investors expecting the price to go higher.

Bears/Bearish: Sellers or investors expecting the price to go lower.

Support or support level: A level at which the price should hold for the asset, at least initially. The more touches on support, the weaker it gets and the more likely it is to fail to hold the price.

Resistance or resistance level: Opposite of support.  The level that is likely to reject the price, at least initially. The more touches at resistance, the weaker it gets and the more likely it is to fail to hold back the price.

EMA: Exponential Moving Average. A moving average that applies more weight to recent prices than earlier prices, reducing the lag of the moving average.

Fibonacci Retracements and Extensions: Ratios based on what is known as the golden ratio, a universal ratio pertaining to growth and decay cycles in nature. The golden ratio is based on the constants Phi (1.618) and phi (0.618).

Oscillators: Technical indicators that vary over time, but typically remain within a band between set levels. Thus, they oscillate between a low level (typically representing oversold conditions) and a high level (typically representing overbought conditions). E.G., Relative Strength Index (RSI) and Moving Average Convergence-Divergence (MACD).

MACD Oscillator: Moving Average Convergence-Divergence is a momentum oscillator that subtracts the difference between 2 moving averages to indicate trend as well as momentum.

This post Bitcoin’s November Red Candle Signals Bearish MACD Cross, Eyes $75,000 Test first appeared on Bitcoin Magazine and is written by Ethan Greene - Feral Analysis and Juan Galt.

Crypto analyst Charting Guy (@ChartingGuy) is mapping out a sharply asymmetric setup for XRP, arguing that the token is locked in a textbook Wyckoff reaccumulation and is “still NOT bearish in the slightest” despite a year of range-bound trading.

Why XRP Is Still Not Bearish

His work is based on XRP/USD Bitstamp charts posted on X on 27 November 2025. On the weekly view, XRP trades around $2.23 after an 8–9% gain on the week, consolidating below the 2025 peak at approximately $3.317, which he marks as the 1.0 Fibonacci level. The retracement is drawn from the cycle low near $0.11400 up to that high, producing a ladder of levels that structure the entire thesis.

Key Fibonacci levels include 0.5 at about $0.61495, 0.618 at $0.91531, 0.702 just above $1.20 and, crucially, 0.786 at $1.61246. A broad highlighted band covers the prior 2021 high zone and this 0.786 cluster, roughly from the mid-$1s into the low-$2s. Charting Guy describes this as XRP “building support on prior cycle high as well as top of golden pocket,” referring to the 0.618–0.786 retracement area.

Above the 2025 high, he plots classic Fibonacci extensions: 1.272 at about $8.29661, 1.414 around $13.38940 and 1.618 near $26.63038. His immediate scenario, however, stops short of those levels, projecting a move toward roughly $7.50.

XRP Price Roadmap For 2026

The detailed roadmap appears on a two-day XRP/USD chart overlaid with a Wyckoff schematic. The structure begins with a Preliminarily Supply (PSY) phase and a Buying Climax (BC) into the low-$3 zone, followed by a Secondary Test (ST) and an Automatic Reaction (AR) that defines the lower boundary of the range. Horizontal lines mark that floor near $1.61184, an intermediate band around $1.95, resistance at approximately $2.90 and the upper ceiling just above $3.30.

During mid-2025, XRP prints an “UT Phase B” upthrust into that $3+ resistance before rolling into a downward-sloping channel. The upper boundary of this channel, labeled “CREEK,” connects a series of lower highs, while the lower boundary guides price back toward the $1.61–1.70 support.

In the scenario path, XRP spikes down to test the blue horizontal at $1.61184. This move is annotated as the “SPRING” — Wyckoff’s final shakeout below range support. Price then rebounds to retake the $1.95 area, marked “TEST,” and establishes a higher low between roughly $2.00 and $2.20 as the first “LPS” (Last Point of Support).

From there, the schematic shows a decisive break of the descending “CREEK” trendline, the “JATC” or “Jump Across The Creek,” as XRP accelerates from around $2.20–2.30 through the $2.90 resistance. That breakout is followed by a “SOS” (Sign of Strength) above the former ceiling, with another LPS holding around the $2.90 region and confirming the flip of resistance into support.

The right edge of the 2D chart then projects a steep markup phase. XRP rallies from roughly $3.00 to just above $7.50 before stalling, even though it remains below the 1.272 weekly extension at $8.29661.

Alongside the charts, Charting Guy pushes back against bearish momentum narratives centered on the monthly RSI. He notes that the RSI peak occurred in January 2025 and “lost momentum ALL 2025 while XRP stayed sideways in a range and held its own,” calling this “a very textbook reaccumulation signal where indicators lose steam to reset and price stays stable.”

The technical message is unambiguous: as long as the $1.61–1.70 band holds, Charting Guy views XRP’s extended consolidation as preparation, not distribution—anticipating a final flush below $1.70, followed by a Wyckoff-style breakout sequence toward approximately $7.50.

At press time, XRP traded at $2.23.

As the Bitcoin price exhibits signs of recovery, climbing back above $90,000, the cryptocurrency community finds itself sharply divided. Some analysts believe this movement is merely a relief rally preceding another downturn, while others maintain that a bull market is still in play despite a recent 30% correction.

Current Data Suggests No Cycle Top

Market analyst OxChain went on social media platform X (formerly Twitter), focusing on on-chain data to shed light on the current market dynamics and what investors might expect in the near future. He argues that the recent downturn does not exhibit characteristics typical of a cycle top. 

In October, Bitcoin reached the mid-$120,000 range before experiencing a subsequent decline of approximately 35%. Notably, this drop transpired without the hype, fervor, or speculation that usually accompany a market peak.

The loss of nearly $1 trillion in market value underscores the underlying challenges. As Ethereum (ETH) and mid-cap cryptocurrencies simultaneously declined, there wasn’t an evident frenzy of speculation driving the downturn. Instead, OxChain attributes the decline primarily to a drop in demand. 

A slowdown in stablecoin creation and diminished inflows from exchange-traded funds (ETFs) have led to reduced buying activity. Derivatives traders have also stepped back, with funding conditions softening and open interest unwinding.

With market expectations recently leaning toward a potential interest rate cut in December, many buyers have opted to remain on the sidelines, preferring not to chase riskier assets. This hesitancy has led to a “fragile liquidity environment,” the analyst asserted. 

OxChain notes that even medium-sized orders can cause price changes of several percentage points due to the scarcity of resting bids. An examination of order book snapshots reveals that market depth has been waning during active trading periods, leading to a scenario where the market appears to be “running on fumes.”

Bitcoin Market Struggles Without Conviction

The situation in the derivatives market further supports this cautious outlook. Volatility has risen, with traders now leaning toward protective measures rather than building long positions. 

Interestingly, interest in futures contracts has decreased even amid small relief rallies, indicating that many traders are hesitant to take on larger positions.

OxChain highlights a crucial trend: without leveraged conviction, market trends often struggle to gain momentum. On-chain data shows a more cautious sentiment among investors rather than outright fear. 

While the coin days destroyed (CDD) metric has risen due to older coins moving, much of the long-held Bitcoin remains with patient holders who are not in a rush to sell.

Furthermore, the adjusted spent output profit ratio (aSOPR), hovering near 1, signals that there is neither extensive profit-taking nor widespread panic selling taking place. 

The analyst identified that the majority of selling activity has come from mid-term holders, contributing to a muted and indecisive market flow. 

Additionally, institutional investors remained relatively inactive throughout November. Significant outflows were reported in both Bitcoin and Ethereum ETFs, which further contributed to the current state of the market. OxChain concluded his analysis by saying:

The broader bullish narrative isn’t gone, but the near-term setup is fragile. Until a strong catalyst appears, expect a wandering market that drifts, chops, and tests lower levels.

When writing, the leading cryptocurrency was trading just above the $91,550 level, recording a 4% price recovery in the 24-hour time frame. 

Featured image from DALL-E, chart from TradingView.com