Asiftahsin

SUI will Trigger a $96 Million Liquidation if Price Reaches This Level :
SUI has recently seen a 12% rise in the past 24 hours, bringing back some investor confidence. However, this price increase could prove disastrous for traders, as it may trigger significant liquidations if the altcoin reaches a key price level.
The recent rally is a double-edged sword with potential consequences for short traders.
SUI Traders Face Losses
According to liquidation data, SUI faces a potential $96 million worth of liquidations if its price hits $3.48. This would primarily impact short traders, who have posit

Ethereum Holds Key Range Support After Pullback – Bulls Eye $3,000 Level :
Ethereum has faced a sharp pullback, dropping over 10% in the last 24 hours as global tensions and macroeconomic uncertainty shake investor confidence across markets. The retrace comes amid rising US bond yields and escalating trade conflict rhetoric between major global powers, particularly the United States and China. While Bitcoin holds strong above key support levels, altcoins—including Ethereum—are under pressure, prompting caution among short-term traders.
However, some analysts believe this dip could present an o

Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit :
Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses.
In an X announcement, Alex Protocol said the breach was caused by a vulnerability in its self-listing verification logic. The attacker used the flaw to drain liquidity from several asset pools.
The Bitcoin DeFi platform said the attackers siphoned about 8.4 million Stacks (STX) tokens, 21.85 Stacks Bitcoin (sBTC), 149,850 in USDC (USDC) and USDt (USDT), and 2.8 Wra

AI Tokens to Watch: VIRTUAL, GRASS surge ahead of the weekend :
Investors turn their attention to lesser-known digital assets as AI tokens post double-digit gains.
Virtuals Protocol extends its rebound, eyeing a breakout above $2.00 while decoupling from the broader crypto sell-off.
GRASS explodes nearly 15%, reinforced by multiple buy signals and potential support above $2.00.
The cryptocurrency market is struggling to hold onto gains accrued in May as weak sentiment triggers frequent but brief flash sell-offs. However, isolated rallies can be spotted in the artificial intelligence (AI) secto

Meme coins to watch: Dogecoin and Shiba Inu prepare to take off with bullish divergence at play :
Dogecoin recovers gradually on Friday after a sharp fall amid a broader crypto market correction.
Shiba Inu mimics the segment leader, preparing for a quick recovery over the weekend.
The technical outlook shares a possibility of a wedge breakout in the top meme coins fueled by bullish RSI divergences.
Meme coins market capitalization has dropped by over 5% to $56.34 billion in the last 24 hours, with top names such as Dogecoin (DOGE) and Shiba Inu (SHIB) declining further in a falling wedge pat

Bitcoin Price Forecast: BTC could slump to $100K amid Trump-Musk tussle :
Bitcoin slipped under $102,000 briefly on Friday, derivatives market records over $300 million in long liquidations.
On-chain data shows Bitcoin traders took over $23 billion in profits this week, signaling a rise in selling pressure.
JPMorgan insiders say the bank is set to accept BTC ETFs as collateral for loans.
Bullish catalysts, such as Strategy’s announcement of the STRD stock IPO to raise nearly $100 million to buy BTC, fail to push BTC higher.
Bitcoin (BTC) tumbled to a low of $101,095 on Friday amid volatility

Why Solana down today?
Solana (SOL) dropped 3% to $152.40, driven by a combination of bearish technical indicators and unease over a possible $1 billion token launch by meme coin platform Pump fun.
The price decline came alongside a 10% fall in trading volume to $3.1 billion, signaling reduced investor conviction. While unconfirmed, the potential airdrop and scale of the rumored token have sparked both hype and concern, especially given the platform’s past role in clogging Solana’s network. Some investors fear the launch could intensify network congestion and dilute value, possibly dragging

Sui Price Forecast: Sui extends losses, close to breaking $3.00 support, as bearish sentiment persists :
Sui extends losses, targeting areas below the $3.00 support after a 26% plunge from recent highs.
The steady DeFi TVL at $1.75 billion suggests that investor confidence in the ecosystem remains intact despite the recent price decline.
SUI’s position below the 50-day and 100-day EMAs, in addition to multiple technical sell signals, implies increasing bearish momentum.
Sui (SUI) struggles to contain losses after a 26% retracement from recent highs of $4.29, reached on May 12. The layer-1 toke

Crypto Today: Bitcoin's bullish structure weakens, eyeing $100,000 on falling retail demand :
Bitcoin pulls back under $105,000 as the cryptocurrency market generally consolidates.
Bullish sentiment takes a step back amid fading retail demand in the past weeks.
Ethereum's consolidation around the $2,600 support level signals potential for gains beyond $3,000 as spot ETF inflows remain steady.
Minor losses characterize the cryptocurrency market as prices broadly consolidate following last week's sell-off. Bitcoin (BTC) hovers below $105,000 and above $104,000 at the time of writing on Thursday

Aave Price Forecast: AAVE surges, eyeing near-term breakout to $330 :
Aave gains toward $270 after testing support at $240, backed by a solid bullish structure.
Aave ecosystem voted in favor of a decentralized risk mitigation mechanism called Umbrella, designed to protect Aave suppliers from bad debt.
Aave’s bullish potential could stall with the RSI approaching the overbought region.
Aave’s (AAVE) price has extended the recovery from support at $240, trading at around $268 at the time of writing on Wednesday. Up nearly 2% on the day, AAVE’s uptrend reflects bullish sentiment in the ecosystem

Ethereum price gains momentum as institutions shift focus from Bitcoin :
Ethereum is seeing a bullish shift in market sentiment as major institutions pivot away from Bitcoin and begin accumulating ETH at scale.
The latest catalyst comes from BlackRock and Galaxy Digital, which have significantly increased their Ethereum holdings while reducing exposure to BTC. At the same time, on-chain data reflects surging interest in ETH from large buyers, reinforcing market optimism.
Key takeaways
BlackRock added 100,000 ETH in less than 24 hours while reducing 4,000 BTC from its holdings.
Ethereum’s pric

Crypto Today: Bitcoin shows resilience as BTC exchange reserves hit lowest level in 7 years :
Bitcoin recovery is limited between support at around $103,000 and resistance at approximately $106,800.
The number of Bitcoins on exchanges continues to drop, reaching the lowest level since August 2018.
Ethereum extends gains underpinned by increasing spot ETF inflows.
The cryptocurrency market is displaying a lukewarm recovery across the board, with Bitcoin's (BTC) price hovering at around $105,455 at the time of writing on Wednesday. At the same time, the largest smart contracts token, Ethereum (E

Solana Foundation signs MOU with Dubai’s Virtual Assets Regulatory Authority :
Solana Foundation announced on Tuesday that it signed a MOU with Dubai’s VARA, reflecting growing collaboration in the MENA region.
This collaboration aims to foster crypto innovation through talent development programs, data sharing, workshops, advisory sessions and provide support for a Solana Economic Zone in Dubai.
Solana price posts mild gains following this news on Tuesday.
Solana (SOL) price posts mild gains, trading around $160 at the time of writing on Tuesday, as the SOL Foundation signs a Memorandum of Un

Cardano Price Forecast: Sign of robust bullish reversal emerges despite dwindling DeFi TVL volume :
Cardano rebounds to test resistance at $0.69 as technical indicator flashes a buy signal.
A minor increase in the derivative Open Interest to $831 million suggests growing trader interest in ADA.
Cardano's DeFi TVL continues to decline after briefly peaking at around $415 million on May 11.
Cardano's (ADA) price has reversed upwards after testing support at $0.65, trading at $0.69 at the time of writing on Tuesday. The slight rebound occurs amid consolidation in the broader crypto market and ten

Crypto Today: Bitcoin's downside risks escalate as BTC spot ETF outflows extend :
Bitcoin fails to sustain its recovery above $106,000 as global economic tensions continue to shake markets; technical indicators highlight a strengthening bearish structure.
Bitcoin spot ETFs saw a total net outflow of $268 million on Monday, marking three consecutive days of outflows.
Ethereum spot ETFs sustain bullish outlook after recording $78 million in net inflows.
Ethereum consolidates above $2,600 support as key up-trending moving averages increase the probability of gains toward $3,000.
The cryptocurrenc

SUI Price Forecast: Fallout from triangle pattern could lead to further losses toward $2.70
Sui extends the downfall on Monday after closing in the red for the third consecutive week.
The technical outlook reveals a triangle pattern holding the fate of Sui.
Sui unlocked 58.35 million tokens, worth $194 million, on Sunday, signaling an increased supply.
Sui (SUI) is down over 1.50% at press time on Monday after three consecutive weekly closings on a bearish note. As Sui survives the 58.35 million tokens unlocked on Sunday, avoiding a panic sell-off, a potential fallout from a triangle pattern c

SPX6900 meme coin eyes bullish reversal amid Open Interest surge and golden cross :
SPX6900 meme coin corrects on Monday after an over 13% jump the previous week.
With a golden cross between the 50-day and 200-day EMAs, SPX6900 meme coin’s technical outlook holds a bullish narrative.
The derivatives data suggests mixed sentiments despite a near 10% rise in SPX Open Interest.
SPX6900 (SPX) meme coin edges lower on Monday after a 13% surge the previous week. However, SPX still holds over 6% gains over the last 24 hours at press time. Despite the short-term struggle to hold above $1, the technica

Crypto Today: Market sentiment weakens amid Russia-Ukraine tensions; Bitcoin ETFs see first weekly outflow since mid-April :
Crypto market sentiment shifts to a risk-off stance as the Russia-Ukraine war escalates, weighing on digital assets.
Spot Bitcoin ETFs recorded an outflow of $157.40 million last week, ending their consistent weekly inflow streak since mid-April.
Altcoins ENA, TAIKO, and NEON are set to unlock over $5 million each in token releases this week, potentially adding sell-side pressure.
The cryptocurrency market is showing early signs of weakness at the start of this week on M

Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal?
Solana (SOL) has remained under the radar in recent weeks, with market attention primarily centered on Bitcoin and Ethereum. While the broader crypto market digests recent volatility, SOL has been quietly consolidating just below key resistance. This silence, however, might not last much longer. Top analysts are starting to turn their focus back to Solana, suggesting that a powerful move could be brewing.
According to analyst Bluntz, the recent price action in SOL is showing promising signs. He notes that after sweeping

Analyst Explains Reason Behind Tron Price Sluggishness — Are TRX Bears Now In Control?
The Tron price has continued on its recovery path since reaching a bottom in mid-March, steadily climbing almost every week. Mirroring the improving crypto market sentiment, the price of TRX maintained a level of stability in its bullish momentum throughout the month of May as it slowly ascended to a local high above $0.28.
However, the slow-and-steady growth of the cryptocurrency was met with a significant obstacle over the past week, reflecting what seems to be a return of bearish sentiment in the altcoi