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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
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On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
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BRETT Bleeds Out 11%: Time to Panic or Buy the Dip?
The 2.80% drop brings in market-wide bearish pressure. This has triggered losses across crypto assets. Notably, the meme coin market cap has plunged by over 8.5%, reaching $74.8 billion. Among the meme coins, BRETT has taken a hit, slipping by a solid 11.17%.
The meme coin kickstarted the day, trading at a peak level of $0.08052. With the potent bears taking the charge, BRETT has tumbled to a low of $0.06848. A bullish shift is crucial for the asset’s recovery.
At the time of writing, BRETT traded at around $0.06981, with a market cap of $691 million. The daily trading volume of the meme coin has dropped by 32.37%, reaching $38.54 million
The meme coin has recorded a gain of over 92.59% in the last thirty days. BRETT began trading the month at its low, and eventually climbed to the monthly high at $0.090 range
Can BRETT Bounce Back or Is More Downside Ahead?
BRETT’s bearish momentum is reported by the technical indicators. The Moving Average Convergence Divergence line is below the zero line, but the signal line is above the MACD, indicating bearish conditions in the broader market. However, the signal line shows that momentum may be shifting to a weak or short-lived bullish correction
If BRETT fails to hold above the $0.07052 mark, the price might retrace toward its former lows and trigger the death cross to take charge. It could send the price to the low range of $0.06902. Losing this crucial support range may drive the asset’s price into deeper correction territory.
Assuming the recovery of the meme coin, it could likely take effort to reclaim the $0.071 range. On the upside, the emergence of a golden cross might take BRETT to a retest at the resistance zone of around $0.07270. Further upward correction can trigger the price to eye new highs
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