Normal view

Yesterday — 5 March 2026Main stream

XRP Price Consolidates Under $1.5 — What Could Drive the Next Move to $2?

5 March 2026 at 21:20
XRP price prediction $100

The post XRP Price Consolidates Under $1.5 — What Could Drive the Next Move to $2? appeared first on Coinpedia Fintech News

XRP price is facing renewed selling pressure after a brief recovery attempt toward $1.45, with the price slipping back below $1.40 as broader crypto markets weaken. The pullback follows mild declines in major assets like Bitcoin and Ethereum, which have slightly cooled the recent market momentum.

From a broader perspective, XRP has repeatedly failed to sustain moves above $1.48, keeping the critical $1.50 resistance level out of reach. With the token now trading below $1.40, the key question is whether XRP will continue consolidating under $1.45 or gather enough strength to challenge the $1.50 barrier in the coming sessions.

As seen in the chart, XRP continues to trade below the local resistance at $1.48, which has emerged as a key barrier for the bulls. The price is currently consolidating near $1.41 while the broader trend remains confined within a descending parallel channel, indicating that the overall market structure is still bearish.

xrp price

Within this structure, the $1.33 level acts as immediate support. A breakdown below this zone could accelerate the downside move, potentially dragging the price toward the lower boundary of the channel near $1.20–$1.15. 

From a momentum perspective, the Relative Strength Index (RSI) is gradually forming higher highs and higher lows, suggesting that buying pressure is slowly building. However, this momentum has not yet translated into a decisive price breakout. At the same time, the Accumulation/Distribution indicator continues to trend downward, signaling that capital inflows remain weak and that distribution pressure is still dominating the market.

For now, XRP remains at a critical technical junction.

  • A break and close above $1.48 could invalidate the short-term resistance and push the price toward $1.60, followed by $1.75 near the mid-channel resistance.
  • However, if the price loses the $1.33 support, XRP may extend the correction toward $1.20, with deeper support resting around $1.10–$1.05 near the lower trendline of the channel.

Until either level is decisively broken, XRP is likely to continue consolidating within the descending channel structure.

SUI Price Prediction for This Week: Can the Bulls Push the Price to $1.16 as $1 Resistance is Back in Focus

5 March 2026 at 17:46
Why SUI Price is Up Today? 

The post SUI Price Prediction for This Week: Can the Bulls Push the Price to $1.16 as $1 Resistance is Back in Focus appeared first on Coinpedia Fintech News

Sui price has started to show early signs of recovery after weeks of selling pressure. The token is currently trading near $0.98, gradually climbing from the recent lows around $0.88 as buyers attempt to regain control.

However, the price is now approaching a crucial decision zone near $1, where both technical resistance and liquidation clusters could determine the next major move.

Falling Wedge Pattern Signals Potential Trend Reversal

The latest price structure reveals that SUI is trading within a falling wedge formation, a pattern often associated with bullish reversals after extended downtrends. Within this structure, the price has been forming lower highs and gradually stabilizing lows, suggesting that the selling pressure is weakening. The token recently rebounded from the $0.88–$0.91 support zone, which has acted as a strong demand region during the recent correction.

sui price

Currently, SUI is testing the upper boundary of the wedge near $0.98–$1.00. A successful breakout above this trendline could confirm a shift in momentum. If the breakout occurs, the next resistance levels appear around $1.05 initially and later at $1.16. The RSI is recovering, following a parabolic curve, but the bearish deviation within the DMI levels may raise some concern. However, until the price sustains above the resistance of the wedge, bullish hopes may prevail.

Liquidation Heatmap Shows Strong Liquidity Zones

Derivatives data further highlights the importance of the $1.00 level. According to the liquidation heatmap, a large concentration of leveraged positions sits just above the $1 region, creating a significant liquidity zone. If SUI manages to break above this level, these short positions could be forced to close, potentially triggering a short squeeze that accelerates the upward move.

sui price

At the same time, another major liquidity cluster can be seen between $0.82 and $0.88, which currently acts as a strong support zone. This suggests that buyers have been actively defending this region during recent pullbacks. Because of these stacked liquidity zones, the market may experience increased volatility as the price approaches $1.

What Comes Next for the SUI Price Rally?

For now, $1 remains the key breakout level.

  • A daily close above $1.00–$1.05 could confirm a bullish breakout and push the price toward $1.16.
  • However, if the price fails to clear this resistance, SUI may continue consolidating within the $0.88–$1.00 range before attempting another move.

With both technical compression and liquidation pressure building, the coming sessions could be decisive for SUI’s short-term price action.

Ethereum Hovers at $2,150 — Can ETH Price Rally to $2,400 or Stall Below $2,200?

5 March 2026 at 15:32
Ethereum Queue Hits 3.4M ETH, 60-Day Wait

The post Ethereum Hovers at $2,150 — Can ETH Price Rally to $2,400 or Stall Below $2,200? appeared first on Coinpedia Fintech News

Ethereum price has reclaimed the $2,150 level after a strong bounce from the recent lows, signaling a shift in short-term market momentum. The second-largest cryptocurrency is now approaching a crucial resistance near $2,200, a level that has repeatedly capped upside attempts over the past sessions.

With buying pressure gradually increasing and the broader crypto market showing renewed strength led by Bitcoin, traders are now watching whether ETH can secure a decisive breakout above $2,200, which could open the path toward $2,350–$2,400.  However, the crypto is struggling to reach $2200, which raises the possibility of the current rise being a short-term bounce.

Liquidation Data Shows Strong Barrier Near $2,200

Ethereum is approaching a critical resistance near $2,200, and the liquidation map suggests that this level may be difficult to break immediately.

Data from the ETH Exchange Liquidation Map shows a dense cluster of leveraged positions between $2,150 and $2,220. These positions represent traders using high leverage on major exchanges like Binance, OKX, and Bybit.

eth price

If Ethereum moves toward $2,200, a large number of long positions could face liquidation, which typically increases volatility and selling pressure. This concentration of leverage creates a liquidity wall, making it harder for ETH to sustain a breakout on the first attempt.

At the same time, the chart also reveals a large short liquidation pool above $2,200, extending toward $2,300. If Ethereum manages to break and hold above $2,200, these short positions could be forced to close, potentially triggering a short squeeze that may push ETH toward $2,350–$2,400.

Ethereum Open Interest Shows Leverage Reset in the Market

Derivatives data suggests that Ethereum recently experienced a significant leverage reset. Exchange open interest dropped sharply from nearly $42 billion in early January to around $27–$28 billion, indicating that a large number of leveraged positions were flushed out during the recent market correction.

eth price

This decline in open interest reflects reduced speculative activity, as traders closed positions amid the broader market pullback. However, the recent stabilization and slight uptick in open interest suggest that market participants are gradually rebuilding positions as Ethereum attempts to reclaim higher resistance levels.

A sustained increase in open interest alongside rising prices would signal renewed market confidence, which could support Ethereum’s attempt to break above the $2,200 resistance zone.

Ethereum Price Faces Strong Resistance Near $2,214

The price is currently trading within a key range between $1,914 and $2,214 that emerged as a crucial resistance. A breakout above this level could open the door for a move toward the next resistance near $2,360–$2,400.

eth price

Momentum indicators also show early signs of recovery. The Relative Strength Index (RSI) has climbed above the neutral 50 level, indicating improving bullish momentum. Meanwhile, the Chaikin Money Flow (CMF) is stabilizing, suggesting that capital inflows are gradually returning to the market.

However, if Ethereum price fails to clear the $2,214 resistance, the price may continue consolidating between $1,914 and $2,200 in the near term.

FAQs

Why is Ethereum price up today?

Ethereum is up as it bounced from recent lows, reclaiming $2,150 amid rising buying pressure and renewed strength in the broader crypto market.

What is Ethereum price prediction for 2026?

Analysts see potential upside for Ethereum if it breaks $2,200. Targets could reach $2,350–$2,400, with momentum and market confidence driving gains.

What factors will influence Ethereum’s price in 2026?

Key factors include market sentiment, BTC performance, leverage levels, open interest, and broader adoption of Ethereum-based projects.

Why is the Crypto Market Rising Today? Top Factors Impacting BTC, ETH & XRP Prices 

5 March 2026 at 09:30
Why Is the Crypto Market Up Today Bitcoin, Ethereum & XRP Lead Broad Rally

The post Why is the Crypto Market Rising Today? Top Factors Impacting BTC, ETH & XRP Prices  appeared first on Coinpedia Fintech News

Selling pressure across the crypto market is easing as Bitcoin has surged past the $73,000 mark for the first time in several weeks. The move has improved overall market sentiment, with Ethereum and other major altcoins like XRP also showing renewed strength. As Bitcoin regains momentum, capital is gradually flowing back into the broader crypto market, lifting several digital assets.

However, the key question remains: what is driving this sudden crypto market recovery?  

Why is the Crypto Market Rising Today?

The crypto market is up 6.89%, with market capitalisation reaching $2.46 trillion, breaking the 7-day moving average of $2.33 trillion. The rise is primarily driven by BTC price breaking out of the consolidated zone. The markets also experienced a significant liquidation of over $500 million, with the shorts recording nearly $408 million. 

crypto market

This is the second-largest short liquidation in the past 10 days, which has offered a strong bullish push to the BTC price and the other altcoins. With Bitcoin holding nearly half of the total short liquidations, the price is one of the best performers among the top 10 cryptos. On the other hand, BTC ETFs also experienced a $225 million inflow, compared to the ETH ETF outflows, substantiating the claims. 

Top Factors Impacting the Crypto Market Today

Apart from the short liquidations and the ETF inflows, the macro uncertainty across the nations has played a major role in amplifying the BTC price. Due to the war in the Middle East, investors have shifted their focus to crypto, as they see Bitcoin as a hedge. The BTC price surged extensively to $74,000 while Ethereum made it close to $2,200. Interestingly, the derivatives’ positioning also changed significantly. 

  • Over the past 24 hours, global crypto futures Open Interest (OI) increased by 8% to reach $103 billion. DOGE led with a rise of over 10% among the top 10 cryptos. 
  • The funding rates and the CVD for the major cryptos, including BTC & ETH, are positive, which indicates a rise in the buying interest 
  • The 30-day implied volatility indexes for Bitcoin and Ethereum remain stable during the conflict, indicating that there is no panic in the market.
  • The BTC & ETH puts on the Deribit exchange are trading higher than the call, signaling a major drop in the bearish fears among the traders

Can the Crypto Market Sustain This Recovery?

The crypto market recovery now depends on whether Bitcoin can hold above $73,000–$72,000, which has turned into the immediate support zone after the breakout. If BTC sustains above this level, the price could extend toward $75,000–$76,500 in the short term.

Meanwhile, Ethereum is attempting to reclaim $3,900, and a confirmed close above this level could push the price toward $4,050–$4,100. XRP is trading near $0.64, with the next resistance placed around $0.68.

However, if Bitcoin slips back below $72,000, the rally may weaken, opening the door for a pullback toward $70,000. For now, the broader market remains bullish, but Bitcoin holding above $72K will be the key trigger for continuation.

Before yesterdayMain stream

Avalanche (AVAX) Price Approaches Critical $10 Level—A Breakout Could Trigger the Next Rally

4 March 2026 at 20:29
Avalanche Price Analysis – Can AVAX Break Key Resistance at $34.5

The post Avalanche (AVAX) Price Approaches Critical $10 Level—A Breakout Could Trigger the Next Rally appeared first on Coinpedia Fintech News

The crypto market is showing renewed strength after Bitcoin broke above its recent consolidation range. The move has lifted overall market sentiment, with Ethereum reclaiming the crucial $2,000 level and supporting momentum across the altcoin market. Avalanche is among the tokens benefiting from this shift in sentiment.

The AVAX price has recently broken out of the narrow consolidation zone where it traded for the past few days. With momentum building and the token maintaining a strong correlation with Bitcoin’s movement, Avalanche could attempt to push toward the $10 mark before the daily close if bullish pressure continues.

From a technical perspective, Avalanche is approaching an important short-term resistance zone. The recent breakout above the consolidation range suggests that buyers are gradually regaining control after a period of sideways movement. However, the next few sessions will be crucial, as the price must sustain above its newly formed support levels to maintain bullish momentum. If the buying pressure continues to build, AVAX could attempt to test the immediate resistance near $10–$10.5 in the near term.

avax price

The AVAX price is currently testing a key resistance zone near $9.7 after rebounding from short-term support around $9.0. The recent move above the 20-period moving average suggests that short-term momentum is gradually strengthening. However, the price still trades below the longer-term moving averages, indicating that the broader trend remains cautious.

The immediate resistance for Avalanche stands between $9.7 and $10.3. A sustained move above this zone could strengthen the bullish structure and open the door for a push toward the $10.5 level in the near term. On the downside, immediate support lies near $9.0, followed by a stronger demand zone around $8.2, which previously acted as a base during recent pullbacks.

Meanwhile, the RSI is showing a mild bearish divergence, suggesting that momentum may be weakening despite the recent price recovery. If AVAX manages to secure a decisive breakout above $9.7, buying pressure could increase and drive the price toward $10–$10.5. However, failure to clear this resistance may keep the token within the current range, with the price potentially revisiting the $9 support before the next directional move develops.

Solana Enters a Decisive Phase: Can SOL Price Break Consolidation and Reach $100?

4 March 2026 at 19:19
Solana Price Could Slide to $50 if $75 Support Breaks—Here’s the Bullish and Bearish Scenario

The post Solana Enters a Decisive Phase: Can SOL Price Break Consolidation and Reach $100? appeared first on Coinpedia Fintech News

After a few unsuccessful attempts, the Solana price hits the $90 threshold, raising bullish possibilities for the coming days. The price had been trading within a tight consolidation zone over the past few sessions, reflecting a balance between buying and selling pressure. In the times when the broader crypto markets remain cautious, SOL appears to be approaching a crucial technical phase. 

As the price continues to compress within this range, traders are closely watching whether Solana can break above its key resistance levels. A confirmed breakout could potentially push the price toward the $100 psychological mark, while a failure to sustain may keep the token stuck within its current consolidation pattern. 

sol price

The chart shows Solana approaching a critical resistance band between $88.5 and $89.3, a zone that has repeatedly blocked attempts to reclaim the $100 level. Price recently rebounded from a strong demand area around the mid-$70s and has now moved back above this accumulation zone, indicating that buyers have started stepping in again.

Notably, the chart shows very limited supply pressure until the $95–$96 region. This suggests that if SOL manages to secure a daily close above the $90–$92 range, the path toward $95 could open relatively quickly as sellers appear limited in the immediate upside.

Besides, RSI has climbed above the neutral 50 level for the first time this year, signalling that bullish momentum is gradually strengthening. If it continues to trend upward while price holds above the recent demand zone, SOL price could build enough momentum to attempt a move toward the next resistance levels in the mid-$90 region, which may further extend to $100. 

Is Altseason Coming? Top Indicators You Need to Watch

4 March 2026 at 14:12
Altseason 2025: Bitcoin Dominance & Indicators Favor Altcoins?

The post Is Altseason Coming? Top Indicators You Need to Watch appeared first on Coinpedia Fintech News

The crypto market is currently moving through a phase of consolidation, with Bitcoin continuing to dominate most of the market’s attention. Meanwhile, many altcoins are trading quietly within narrow ranges, showing little momentum.

However, this kind of market setup has often appeared before major altcoin rallies in previous cycles. While altcoins may seem inactive for now, several key indicators suggest that the conditions for a potential altseason could be slowly building. From historical market patterns to social sentiment and valuation metrics, the data points toward a phase where investors may start preparing for the next altcoin wave.

Altcoins vs Bitcoin Ratio Signals Early Altseason Setup

The Altcoins vs Bitcoin ratio chart highlights a recurring historical pattern that often precedes major altcoin rallies. In previous cycles, the ratio tends to consolidate near long-term support before triggering a sharp upward move that eventually leads to altseason.

altseason
Source: X

Currently, the ratio appears to be stabilizing near a similar accumulation zone that previously formed before strong altcoin cycles in 2018 and 2021. If history repeats, this phase could represent the early stage of capital rotation from Bitcoin into altcoins. A sustained rise in this ratio would indicate that altcoins are beginning to outperform Bitcoin, which is typically one of the earliest signals of an incoming altseason.

Social Interest in Altseason Hits Historic Lows

Another important signal comes from social sentiment data. According to social volume metrics, discussions related to “altseason” across social media platforms have dropped to extremely low levels.

altseason

Historically, periods of minimal discussion around altcoins often coincide with market bottoms. When investor interest fades and market sentiment turns quiet, it frequently marks the accumulation phase before a broader altcoin rally begins. If social interest begins to recover alongside improving market conditions, it could act as a catalyst for renewed momentum across the altcoin market.

Majority of Altcoins Near Historical Lows

The third chart highlights the percentage of altcoins trading near their all-time lows. Currently, a large portion of the altcoin market is positioned close to historically depressed levels.

altseason

In previous market cycles, similar conditions appeared shortly before large-scale altcoin recoveries. When a significant number of tokens reach oversold zones simultaneously, it often indicates that downside pressure may be nearing exhaustion. If market liquidity begins rotating back into the altcoin sector, these deeply discounted assets could see accelerated recovery during the next altcoin cycle.

Final Verdict

While Bitcoin continues to dominate market attention, several key indicators suggest that conditions for an altseason may slowly be forming. From historical ratio patterns to declining social interest and widespread altcoin undervaluation, the market appears to be entering a potential accumulation phase. If liquidity begins shifting away from Bitcoin, altcoins could be positioned for a stronger recovery in the coming months.

River Price Surges 31% as PIPPIN Crashes 38% — What’s Next for These Cryptos?

4 March 2026 at 13:14
This Altcoin Is Rebounding After Months of Compression—Are These Early Signs of a Bigger Move

The post River Price Surges 31% as PIPPIN Crashes 38% — What’s Next for These Cryptos? appeared first on Coinpedia Fintech News

Crypto market volatility is gradually picking up as major assets continue to trade within well-defined ranges. While Bitcoin price and other large-cap cryptocurrencies remain relatively stable, liquidity appears to be rotating toward smaller tokens.

In this environment, altcoins like River and pippin are showing sharply contrasting price action. River has surged strongly, while pippin has come under heavy selling pressure. This divergence highlights a growing trend in the market: capital is not only shifting from large caps to smaller assets but also rotating rapidly within the low-cap segment itself. Among the two, River has emerged as the stronger performer, recording a rally of more than 31% in a short period.

River Price Entering a Crucial Resistance Zone

River started the year with a powerful rally, gaining more than 1000% and marking highs above $88. At one point, a move toward $100 seemed possible, but market sentiment quickly flipped, triggering a sharp pullback. The RIVER price eventually corrected by nearly 92%, falling below $10.

Since then, the token has shown signs of recovery. Consecutive bullish candles helped the RIVER price reclaim the key resistance around $17. However, the rally is currently struggling near the crucial resistance zone between $19 and $20, which continues to delay a confirmed breakout.

river price

As seen in the chart, the price is attempting to hold near the resistance area just below the 0.236 Fibonacci level at $22. However, momentum appears to be weakening. The CMF indicator is showing bearish divergence despite briefly moving above zero. Meanwhile, the divergence in the accumulation/distribution indicator suggests that buying pressure is slowing as distribution gradually increases.

For River to sustain its bullish momentum, the price needs to break and hold above the $20 level before attempting to secure $22. A successful breakout could open the door for a move toward $25. Such a move may attract additional liquidity and support further upside.

Is pippin Price Heading for a 50% Correction?

While some tokens are attempting to recover, pippin appears to be moving in the opposite direction. During the recent market rally, the token posted strong gains and surged above $0.9. However, bearish pressure soon emerged, triggering a steep decline of nearly 55%.

The current technical structure suggests that the downtrend may not be over yet.

pippin price

PIPPIN price recently faced rejection from the upper boundary of an expanding wedge pattern, which accelerated the ongoing sell-off. The Supertrend indicator has flipped bearish, pushing the price toward the lower region of the Ichimoku Cloud. At the same time, the conversion line and base line are approaching a bearish crossover. If this crossover confirms, the price could drop below the cloud, strengthening the bearish outlook.

As a result, pippin may continue sliding toward the wedge support near $0.12. This would represent another potential decline of nearly 50% from current levels and could mark the bottom of the ongoing bearish phase.

Wrapping it Up!

Overall, the contrasting price action between River and Pippin highlights the growing volatility within the low-cap crypto segment. While River is attempting to sustain its recovery and push toward higher resistance levels, Pippin continues to face strong bearish pressure. The coming sessions will be crucial, as a breakout above key levels could strengthen River’s bullish momentum, while further technical weakness may push Pippin toward deeper corrections.

Cardano Price Weakens as Buying Pressure Fades—Is a 10% Correction Ahead?

3 March 2026 at 22:07
Cardano (ADA) Reclaims a Key Resistance—Is a Major Rally About to Begin

The post Cardano Price Weakens as Buying Pressure Fades—Is a 10% Correction Ahead? appeared first on Coinpedia Fintech News

Cardano (ADA) price is once again struggling near the $0.30 region, and the latest daily structure doesn’t inspire much confidence for the bulls. After a brief recovery attempt in February, the price has started to stall, suggesting that buying pressure is losing strength.

After breaking down from the $0.33–$0.37 range earlier this year, ADA price has struggled to regain structural strength. The recent bounce appears corrective rather than impulsive, raising the possibility of another leg lower.

ADA Faces Strong Overhead Resistance

On the chart, the $0.30–$0.31 zone continues to act as firm resistance. Every push into this area has been met with selling, preventing ADA from building any meaningful upside momentum. Instead of forming higher highs, the price has drifted sideways to lower, a sign that the recent bounce may have been more of a relief move than the start of a new uptrend.

ada price

At the same time, ADA is hovering just above a rising trendline near $0.25–$0.26. This level has quietly supported the price over the past few weeks. But the support is getting tested more frequently, and that usually weakens it. If this trendline gives way, a move toward $0.24 becomes increasingly likely, roughly a 10% drop from current levels.

Momentum indicators are also leaning cautiously. The MACD is flattening after a short-lived recovery, and the RSI remains below the 50 mark. That typically signals that bulls haven’t fully regained control. Volume hasn’t expanded meaningfully during recent upside attempts either, which makes the rebound look hesitant rather than convincing.

Key Levels to Watch

  • Immediate Resistance: $0.30–$0.31
  • Major Resistance: $0.33
  • Trendline Support: $0.25–$0.26
  • Downside Target: $0.24

A decisive break below $0.25 could accelerate downside momentum toward the $0.24 region. Conversely, ADA would need a strong daily close above $0.31 to invalidate the near-term bearish outlook.

Conclusion

Cardano’s daily structure suggests that bullish momentum is weakening as the price remains capped below key resistance. While support has not yet broken, the fading strength in indicators increases the risk of a 10% pullback if the current trendline fails.

Unless ADA price reclaims the $0.30–$0.31 zone with conviction, the path of least resistance appears tilted to the downside.

Bitcoin Whale Targets $72K—Can BTC Price Rise as Selling Pressure Fades?

3 March 2026 at 17:17
Will Bitcoin Hit $75K, As Institutions See A Dip Opportunity

The post Bitcoin Whale Targets $72K—Can BTC Price Rise as Selling Pressure Fades? appeared first on Coinpedia Fintech News

Bitcoin price is hovering between $66,000 and $68,000, struggling to reclaim the $70,000 level that has capped upside for more than a month. Despite repeated rejections, the broader structure remains intact, with bulls quietly defending support while selling pressure appears to be easing.

On-chain data now shows a noticeable slowdown in long-term holder distribution, suggesting that aggressive selling has cooled. This shift has strengthened expectations among larger market participants that Bitcoin could attempt a move toward the $72,000 region if resistance finally gives way.

The key question, however, remains unresolved: will fading distribution provide enough fuel for a breakout, or will leveraged bets and overhead supply continue to keep BTC trapped below $70,000?

Long-Term Holders Are No Longer Selling Aggressively

According to Glassnode’s Long-Term Holder Net Position Change metric, months of distribution appear to be slowing. The chart shows an extended red phase throughout late 2025, indicating long-term holders were reducing exposure during previous rallies.

However, recent data suggests this trend is stabilizing. The shift toward neutral and slightly positive net positioning implies that large, long-term participants are no longer aggressively selling into strength.

btc price

Historically, when long-term holder distribution fades, Bitcoin often enters a consolidation phase before attempting a renewed upside move. While accumulation has not yet turned aggressive, the decline in net selling suggests that supply pressure may be thinning.

This structural shift matters because long-term holders typically represent stronger hands within the market cycle.

$40 Million 40x Short Position Raises Volatility Risk

At the same time, derivatives data reveal a significant leveraged position in play. A trader has opened a $40.1 million short position on Bitcoin using 40x leverage, with an entry near $67,018. The liquidation level for this position sits around $72,322. In simple terms, if Bitcoin rises roughly 7–8% from here, that position gets wiped out.

btc price
Source: X

This creates an important technical setup where, if a break above $70,000 is coupled with an increase in the bullish momentum, it may bring the short positions into danger. At 40x leverage, even a relatively modest upside move can trigger forced liquidation. If that happens, automated buying pressure could push BTC rapidly toward or beyond $72,000. However, as long as Bitcoin remains below $70,000, the short position remains structurally intact.

What Happens Next?

There are two realistic paths.

If buyers absorb supply and push BTC price above $70,000, the fading long-term selling pressure combined with a vulnerable short position could create a squeeze toward $72,000 or higher. But if resistance holds again, Bitcoin may continue consolidating below $70,000 while leverage slowly unwinds.

The market isn’t euphoric. It isn’t panicking either, but coiled. And the next breakout attempt could determine whether $72,000 becomes the next milestone for the Bitcoin (BTC) price rally or remains just out of reach.

❌
❌