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Bitcoin’s $90K support region has demonstrated its strength, sparking a notable bullish surge. The price is now nearing its all-time high of $108K, where a breakout could ignite a short liquidation cascade, potentially pushing the asset into uncharted territory. Technical Analysis By Shayan The Daily Chart The $90K support zone has proven to be a robust floor, holding the price steady in recent months and showcasing strong buyer confidence. This resurgence of buying interest has driven Bitcoin above the channel’s middle trendline, positioning it close to the ATH at $108K. That peak level represents a substantial resistance region with concentrated supply and heightened selling pressure. As Bitcoin approaches this critical threshold, short-term volatility is expected due to the ongoing battle between buyers and sellers. If bullish momentum continues, reclaiming the ATH at $108K could trigger a short liquidation cascade, likely resulting in another surge as market participants rush to cover positions. The 4-Hour Chart The lower timeframe highlights the importance of the $90K support, which has consistently halted downward momentum in recent months. This has fueled an impulsive bullish move, driving Bitcoin toward the $108K resistance zone. This region not only represents Bitcoin’s ATH but also aligns with the ascending channel’s middle boundary, further reinforcing it as a critical juncture. A successful breakout and consolidation above this level could pave the way for a sustained rally toward new highs. The upcoming price action at the $108K resistance region will be crucial in determining Bitcoin’s next trend, with heightened volatility expected in the short term. On-chain Analysis By Shayan The realized price of UTXO age bands, particularly for the 1-3 month cohort, offers critical insights into short-term holding behavior and broader market sentiment. This metric represents the average acquisition price for recent buyers, acting as a dynamic support or resistance line that reflects market confidence. When Bitcoin is above this short-term cohort’s realized price, it signals growing bullish momentum. This indicates that new buyers are confident in holding their positions, even at elevated price levels. Conversely, a drop below this threshold suggests a heightened risk of sell-offs, as these participants face unrealized losses. Recently, the realized price for the 1-3 month UTXO cohort at the $90K region has acted as a crucial support level, pushing the asset up toward its ATH. Bitcoin holding above this level signals a bullish sentiment in the market, with the potential for the price to continue its upward trajectory. However, if the cryptocurrency breaks below this dynamic support line, market sentiment could shift to a fearful state, increasing the likelihood of a distribution phase. The post Bitcoin Price Analysis: Is BTC Ready for a New All-Time High Above $108K? appeared first on CryptoPotato .
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Early Shiba Inu (SHIB) Backer Sells Solana (SOL) Stake, Moves 65% of Investments Into XYZVerse
An early adopter of Shiba Inu has made a bold decision. They have sold their Solana holdings and moved 65% of their investments into XYZVerse. This unexpected shift has caught the attention of many. What could XYZVerse offer to prompt such a move? The crypto world watches closely for what unfolds next. XYZ: The Next Meme Coin Champion Ready to Dominate 2025 The game is on, and XYZ is here to generate record profits with unstoppable momentum! This sensational all-sports meme token is poised to become the next big thing in 2025, capturing the attention of both crypto enthusiasts and sports fans worldwide. As it charges ahead, XYZ is set to deliver jaw-dropping gains, leaving the likes of BOME and WIF far behind. With eyes on a staggering 7,400% growth, XYZ is ready to claim the meme coin crown in the 2025 crypto bull marathon! Rule the game, cash in as the bets roll in XYZ is the star player in XYZVerse – an award-winning meme coin project that blends the sports thrill and meme culture. This community-centered ecosystem is the perfect playground for crypto degens and sports fans alike. Think back to Polymarket’s $1 billion trading volume during the US elections betting frenzy, and now, picture that on steroids with XYZVerse. With millions of sport bettors getting ready to jump in the action, opportunities for early investors in XYZ are really huge! XYZ is currently undervalued, and with major listings on the way, presale participants stand to secure life-changing gains. >>>Be Part of the 2025 Breakout Story—XYZ Is Waiting for You! Shiba Inu (SHIB): The Meme Token with Big Ambitions Shiba Inu, or SHIB, began as a playful nod to Dogecoin but has quickly made a name for itself. Launched in August 2020 by the anonymous Ryoshi, SHIB operates on the Ethereum blockchain, joining one of the largest crypto ecosystems. From an initial supply of one quadrillion tokens, half were sent to Ethereum co-founder Vitalik Buterin. His donation to the India Covid Crypto Relief Fund and the “burning” of 40% of SHIB’s supply boosted the token’s global profile. What sets SHIB apart is its Ethereum integration, allowing for more than meme status. The creation of ShibaSwap, a decentralized exchange, shows SHIB’s move towards real utility. Plans for an NFT platform and a DAO-based governance system point to a roadmap for growth. In today’s market, where utility and community matter, SHIB’s place in Ethereum’s ecosystem could make it appealing to those interested in emerging crypto projects. Compared to other memecoins, SHIB’s technological goals and active development might give it an edge in the evolving crypto space. Solana’s SOL: A Fast Lane for Decentralized Applications Solana is a blockchain platform designed for speed and scalability. It offers a solid foundation for decentralized applications, known as dapps. Competing with platforms like Ethereum and Cardano, Solana aims to provide faster transactions and flexible development options across multiple programming languages. At the heart of this ecosystem is SOL, Solana’s native cryptocurrency. SOL facilitates transactions, powers custom programs, and rewards those who support the network. Solana’s technology has the potential to handle high volumes of activity without relying on sharding or second-layer solutions. This makes it appealing to developers and investors seeking a high-capacity network. In the current market, where speed and scalability are crucial, SOL stands out. Its ability to host products and services with high activity may give it an edge over other coins. As the crypto market evolves, Solana’s focus on scalability could position it well amid growing demand for efficient blockchain solutions. Conclusion SHIB and SOL are strong, but investing in XYZVerse signals belief in $XYZ’s potential as a sports memecoin blending meme culture and sports, targeting 20,000% growth and community-driven success. You can find more information about XYZVerse (XYZ) here: Site , Telegram , X Continue Reading: Early Shiba Inu (SHIB) Backer Sells Solana (SOL) Stake, Moves 65% of Investments Into XYZVerse Crypto Potato
